VELESTO ENERGY BERHAD

KLSE (MYR): VELESTO (5243)

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Last Price

0.215

Today's Change

0.00 (0.00%)

Day's Change

0.21 - 0.22

Trading Volume

60,218,900


28 people like this.

24,133 comment(s). Last comment by hafizduhari 1 day ago

Hustle

3,615 posts

Posted by Hustle > 2018-02-09 14:10 | Report Abuse

With current strong usd pretty sure it will left 30 per barrel, still remember at year 2008 while usd 3.90 our ron97 only sell 1.50/liter

Hustle

3,615 posts

Posted by Hustle > 2018-02-09 14:13 | Report Abuse

Lots of my friends already plan to purchase vehicle 2.0cc above with twin turbo if usd continue to move upwards

Hustle

3,615 posts

Posted by Hustle > 2018-02-09 14:14 | Report Abuse

Is time to take advantages while petroleum price at downhill mode

offshore

327 posts

Posted by offshore > 2018-02-09 15:09 | Report Abuse

I saw that one year ago today, oil price is around $56 - $58 and everyone was so excited with the merger.

Hustle

3,615 posts

Posted by Hustle > 2018-02-09 15:11 | Report Abuse

is better been seperate else the profit margin will be affected

Hustle

3,615 posts

Posted by Hustle > 2018-02-09 15:11 | Report Abuse

vehicles sales vs oil n gas different chapter

Effendy Tay

1,125 posts

Posted by Effendy Tay > 2018-02-09 16:05 | Report Abuse

Buy drbhikom soon turbo 2.00SUV less than 100k,drb potential to rise above 3rm sooner or later, diverse some opportunities

Effendy Tay

1,125 posts

Posted by Effendy Tay > 2018-02-10 09:29 | Report Abuse

Soon oil is expected to be less demand when the world going for green technology electric car, Europe by 2025,china by 2035 compulsory no more combustion and pollution, many refineries close down just as oil rigs close down, no worries about servicing oil rigs and platform.

Effendy Tay

1,125 posts

Posted by Effendy Tay > 2018-02-10 09:31 | Report Abuse

Exxon in USA biggest fall and keep falling Brent and nymex fall like no demand, run before its too late, by then what is expected???

Effendy Tay

1,125 posts

Posted by Effendy Tay > 2018-02-10 09:34 | Report Abuse

Will Aramco ipo for pengerang welcome with loud bang to raise 8billion ringgit soon?

offshore

327 posts

Posted by offshore > 2018-02-10 13:25 | Report Abuse

Oil is not just an energy source for transportation. It's usage is much wider. Many refineries closed down because their margin is thin but they need to continuously invest for upgrade. That's why shell sold the refinery to Heng yuan.

stevengoh

21 posts

Posted by stevengoh > 2018-02-10 22:34 | Report Abuse

Buy and waiting

Effendy Tay

1,125 posts

Posted by Effendy Tay > 2018-02-11 10:56 | Report Abuse

Dividen?

Pyh96

604 posts

Posted by Pyh96 > 2018-02-11 11:10 | Report Abuse

Any thoughts?

offshore

327 posts

Posted by offshore > 2018-02-11 17:42 | Report Abuse

This is a growing company and is not supposed to pay dividend even during good times. They are supposed to reinvest their profit.

Effendy Tay

1,125 posts

Posted by Effendy Tay > 2018-02-12 03:31 | Report Abuse

Very worried supplied crude oil worldwide increase tremendously killing small scale production company and close down more oil rigs as happened in 2015.A repeat of oil supply vs demand escalating and close further oil exploration company. Thoughtful mind that can't avoid sad sad episode in the radar

Effendy Tay

1,125 posts

Posted by Effendy Tay > 2018-02-12 09:15 | Report Abuse

Sell it and don't want to buy oil investment downstream if Brent and nymex keep falling

IronShirt

3,178 posts

Posted by IronShirt > 2018-02-12 11:35 | Report Abuse

now (Brent/Nymex) is 0.61/0.69 UP

IronShirt

3,178 posts

Posted by IronShirt > 2018-02-12 11:36 | Report Abuse

last 2 weeks Big snow storm in USA, Oil draw down will be heavy

Effendy Tay

1,125 posts

Posted by Effendy Tay > 2018-02-12 15:59 | Report Abuse

Blessing in disguise

Posted by HengHuatOng > 2018-02-12 18:01 | Report Abuse

Umwog will have their Q4 result announce later this month. Should have good sets of data. Q1 18 is already better then Q4 thus far as per oil price is concerns.

IronShirt

3,178 posts

Posted by IronShirt > 2018-02-12 18:27 | Report Abuse

Dow future now 300pts, explosive open tonite. Breached 1000pts gain. Those sold off today will
be ghosting here, telling sad story about their FD raided by EPF

KEYBOARD

267 posts

Posted by KEYBOARD > 2018-02-13 08:31 | Report Abuse

brent oil

Hustle

3,615 posts

Posted by Hustle > 2018-02-13 10:22 | Report Abuse

TNB complain that high oil price have affected their electric generating cost, be ready for tariff hike again

Hustle

3,615 posts

Posted by Hustle > 2018-02-13 12:00 | Report Abuse

Beware of some financial analyst that write about M'sia are following US market lol

Hustle

3,615 posts

Posted by Hustle > 2018-02-13 12:00 | Report Abuse

Such bunch of jocker

Fegustyle

21 posts

Posted by Fegustyle > 2018-02-13 16:23 | Report Abuse

still can in or not?

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2018-02-13 17:04 | Report Abuse

guys just buy and keep!! end of month should bear some fruits!!

Hustle

3,615 posts

Posted by Hustle > 2018-02-13 17:35 | Report Abuse

Div coming soon due to tnb still depends on oil to generate electric plus their home solar project not run very smooth

Hustle

3,615 posts

Posted by Hustle > 2018-02-13 17:37 | Report Abuse

Base on oscillator already over sold just grab as much as you can commodities counter will show their horn soon

Hustle

3,615 posts

Posted by Hustle > 2018-02-13 17:38 | Report Abuse

oil n gas vs metal counter will take the lead

Hustle

3,615 posts

Posted by Hustle > 2018-02-13 17:38 | Report Abuse

waiting no more

Hustle

3,615 posts

Posted by Hustle > 2018-02-13 17:39 | Report Abuse

once in a blue moon opportunities

Pyh96

604 posts

Posted by Pyh96 > 2018-02-13 17:43 | Report Abuse

Qr will spike up the price a little bit in mu opinion... surely impairment loss will be reduced and revenue will be generated more due to rising oil price during the respective period

Hustle

3,615 posts

Posted by Hustle > 2018-02-13 18:13 | Report Abuse

when you dig something it is free how to make loss? even market price low you still make profit. all the loss is due to director salary n expenses too high only

Hustle

3,615 posts

Posted by Hustle > 2018-02-13 18:14 | Report Abuse

almost same case with proton

Hustle

3,615 posts

Posted by Hustle > 2018-02-13 18:15 | Report Abuse

remove all the executive n parasite suppliers definitely revenue will increase

Hustle

3,615 posts

Posted by Hustle > 2018-02-13 18:16 | Report Abuse

simple logic will mineral water company make loss?

Hustle

3,615 posts

Posted by Hustle > 2018-02-13 18:17 | Report Abuse

even sell you 50 cent per bottle still make profit

Hustle

3,615 posts

Posted by Hustle > 2018-02-13 18:19 | Report Abuse

with current online sale trend worldwide logistic company will demand more on petrol consumption

Hustle

3,615 posts

Posted by Hustle > 2018-02-13 18:21 | Report Abuse

all of the local small food industries also provide food delivery service it is impossible that an oilm gas company will make loss

Hustle

3,615 posts

Posted by Hustle > 2018-02-13 18:24 | Report Abuse

Nowadays lots of citizens already feel the breeze of inflation, is no harm to invest on some business that you use it daily

Hustle

3,615 posts

Posted by Hustle > 2018-02-13 18:26 | Report Abuse

even next week annouce hike in oil price you still have a looney tunes face due to dividend compensate your oil price increament

Hustle

3,615 posts

Posted by Hustle > 2018-02-13 18:26 | Report Abuse

this is call balancing portfolio, a way to compensate inflation

Hustle

3,615 posts

Posted by Hustle > 2018-02-13 18:28 | Report Abuse

Have you ever interview a BAT shareholders whether dunhill expensive or not? for them just dividend will let them smoke free cigarette

Pyh96

604 posts

Posted by Pyh96 > 2018-02-13 19:38 | Report Abuse

Lol.... there is something called amortization, depreciation and impairment that must be accounted in profit and loss in order to calculate profit/loss ...
Yes ... dig for free ... how about their costs ? Operating cost? Simple business operating oso duno LOL

Hustle

3,615 posts

Posted by Hustle > 2018-02-13 20:21 | Report Abuse

then better cut loss

Hustle

3,615 posts

Posted by Hustle > 2018-02-13 20:22 | Report Abuse

base on the trade seems like need 2nd time of restructuring

Hustle

3,615 posts

Posted by Hustle > 2018-02-13 20:24 | Report Abuse

by the way good luck dude, happy gambling

nekosan

3,637 posts

Posted by nekosan > 2018-02-13 20:29 | Report Abuse

Good. TH ceased to be shareholder. retailers become the new substantial holder haha

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