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

nekosan

3,637 posts

Posted by nekosan > 2018-02-13 20:30 | Report Abuse

[ UMWOG ] 3 Reasons Why it will Rebound Tomorrow
--------------------------
hahaha laugh die me

Effendy Tay

1,125 posts

Posted by Effendy Tay > 2018-02-14 08:43 | Report Abuse

When many selling umwog shall return

Effendy Tay

1,125 posts

Posted by Effendy Tay > 2018-02-14 11:20 | Report Abuse

Collection mood for uptrend after CNY

Pyh96

604 posts

Posted by Pyh96 > 2018-02-14 15:05 | Report Abuse

What now ?

deep

55 posts

Posted by deep > 2018-02-14 15:19 | Report Abuse

CNY celebration . Give u happy awhile. xD

Pyh96

604 posts

Posted by Pyh96 > 2018-02-14 15:21 | Report Abuse

Seller queue abnormally lesser

deep

55 posts

Posted by deep > 2018-02-14 15:26 | Report Abuse

Hopefully is second wave.

bjgdila123

3,470 posts

Posted by bjgdila123 > 2018-02-14 16:28 | Report Abuse

tp 0.60

ampabella

1,375 posts

Posted by ampabella > 2018-02-14 21:33 | Report Abuse

Hoot leow lah, no nid give face

Effendy Tay

1,125 posts

Posted by Effendy Tay > 2018-02-14 22:46 | Report Abuse

Tomorrow market trading half day?

Pyh96

604 posts

Posted by Pyh96 > 2018-02-14 22:47 | Report Abuse

Yeap

Effendy Tay

1,125 posts

Posted by Effendy Tay > 2018-02-14 22:47 | Report Abuse

Target 34.6cts umwog wa 17.5ctd,after CNY bullish

Effendy Tay

1,125 posts

Posted by Effendy Tay > 2018-02-15 08:08 | Report Abuse

Today should be good, Dow Jones up 253,crude oil nymex up 1.84cts above 60usd per barrel and Brent oil gain to 64+usd,malaysia GDP announce the fastest in the decade achieve 5.9 ,umw collected enough at bottom no more force selling and most contra players journey home celebrate CNY and most of all after CNY it will be bullish market as in the past, gong xi gong xi huat huat huat

Effendy Tay

1,125 posts

Posted by Effendy Tay > 2018-02-15 08:25 | Report Abuse

Target near term 51ct and above for the next wave get ready fasten your seat belt

SEEMAL

191 posts

Posted by SEEMAL > 2018-02-15 10:48 | Report Abuse

on the runway

IronShirt

3,178 posts

Posted by IronShirt > 2018-02-15 13:33 | Report Abuse

just 60c tp____don't want 51,52...

Money122

982 posts

Posted by Money122 > 2018-02-15 13:55 | Report Abuse

When the Quarter report for umwog announcement? Can anyone tell me?

Pyh96

604 posts

Posted by Pyh96 > 2018-02-15 16:23 | Report Abuse

Around 24 FEB

kingcobra

2,772 posts

Posted by kingcobra > 2018-02-15 18:04 | Report Abuse

SHOULD BE AROUND 27 or 28 FEB 2018.....

Effendy Tay

1,125 posts

Posted by Effendy Tay > 2018-02-15 20:43 | Report Abuse

It doesn't matter 24,27or28 as long as its a good quarter report. Billion of ringgit down the drain, many are disappointed but still hopeful for the better results

Posted by Mohd Norizzuan > 2018-02-16 22:07 | Report Abuse

Buy.tp 0.50
Next to hibiscus

Max2838

484 posts

Posted by Max2838 > 2018-02-17 23:30 | Report Abuse

Floating storage in Asia declining. Reuters reports that there are about 15 supertankers of oil floating off the coast of Singapore and Malaysia, which is down a bit from November but down by about half from mid-2017. The data is a sign that the oil market is tightening...

Posted by Christopher Toh > 2018-02-18 17:36 | Report Abuse

Hoseh!

Posted by mastermarcus > 2018-02-18 23:25 | Report Abuse

This counter is very undervalue, with the biggest boss PNB at the back, what u all worried??? Ppls who bought at IPO now can get 10 lots!!
Use small Money win big money!

moneypedia

5,987 posts

Posted by moneypedia > 2018-02-18 23:53 | Report Abuse

rock bottom, just relax..

Posted by Dickson FUng Ho Yin > 2018-02-19 03:17 | Report Abuse

Ready to fly

Money122

982 posts

Posted by Money122 > 2018-02-19 20:38 | Report Abuse

Fasten ur seatbelt n get ready for the next Waze!!!

Posted by themagicianmerlin > 2018-02-19 21:40 | Report Abuse

Forget rig business. nothing interesting for rig business in Malaysia. It depends PETRONAS.
So, let switch to my stock. It will gain 200% by this month!
https://klse.i3investor.com/blogs/themagicofmerlin/147821.jsp

Surewind

292 posts

Posted by Surewind > 2018-02-20 09:20 | Report Abuse

whats the tp of this stock? RM0.60?

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2018-02-20 09:55 | Report Abuse

when is the qtr out??

Posted by Jonathan Keung > 2018-02-20 10:38 | Report Abuse

happy if UMWOG can recover pre sell down price 42-43 ( alot of stale bulls got caught )

Max2838

484 posts

Posted by Max2838 > 2018-02-20 11:42 | Report Abuse

For some 60% of shareholders (like PNB, etc) who had the IPO shrs @RM2.80, their TP is 95 sen (after Rights issue).... those who bot at 90 sen when it's cheap, their TP is 46sen.... those who bot at 70 sen, their TP is 40 sen...and so on...

Max2838

484 posts

Posted by Max2838 > 2018-02-20 11:45 | Report Abuse

...the same reasons that oil price felled in 2014 would likely be the reversed reasons for oil price to firm in the coming months of 2018...

Impairments are likely done or will be done by Q4, 2017... if they continue to impair when oil prices are above costs, then those are the 'failed' companies to avoid.

Max2838

484 posts

Posted by Max2838 > 2018-02-20 11:50 | Report Abuse

Impairment provisions made in 2015-17 by oil companies can be fwd looking to expect some write-backs (or reversal of impairments) in 2018-19 if the oil biz improves...
It's all depends on the OIL PRICE...

ankahill

1,046 posts

Posted by ankahill > 2018-02-20 12:18 | Report Abuse

Qtr koyak!!???

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2018-02-20 15:29 | Report Abuse

very sad!! retreat back from 0.345...

NateM

402 posts

Posted by NateM > 2018-02-20 15:50 | Report Abuse

Sad what....Drop more I can collect some....Unless huge impairment. If not with 60 average oil price above..Should be huge jump in profit...

Posted by Christopher Toh > 2018-02-20 20:45 | Report Abuse

GOOD

Gamuda22

114 posts

Posted by Gamuda22 > 2018-02-20 21:59 | Report Abuse

@Rowie HI Bro....where did u get know about iit ?

Gamuda22

114 posts

Posted by Gamuda22 > 2018-02-20 22:26 | Report Abuse

THANKS a lot, bro Rowie, but I couldn't find it.

Gamuda22

114 posts

Posted by Gamuda22 > 2018-02-20 22:47 | Report Abuse

i use PB sharelink, couldn't see it at all

Gamuda22

114 posts

Posted by Gamuda22 > 2018-02-20 23:51 | Report Abuse

current price is RM0.33, Can't imagine why the 40 millions share transacted at RM0.48 in off market ? anyone knows ?

arv18

2,645 posts

Posted by arv18 > 2018-02-21 04:06 | Report Abuse

This counter is way too expensive.

offshore

327 posts

Posted by offshore > 2018-02-21 08:36 | Report Abuse

Profit will rise with the interest cost saving from the RI proceeds used to pare down borrowings. This is all within expectation and will not make the share price to fly because the EPS will still not be fantastic. What will make the share price to fly if there is impairment reversal, that will be a surprise. This piece of news below should be a support for impairment reversal and if the reversal doesn't happen, likely the impairment has been understated by the management previously:

http://www.marinelog.com/index.php?option=com_k2&view=item&id=28203:jackup-rig-values-rise-on-oil-recovery&Itemid=222

kuaTAKtahu

1,455 posts

Posted by kuaTAKtahu > 2018-02-21 09:32 | Report Abuse

30 sen is the floor price.. .

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2018-02-21 09:42 | Report Abuse

when is the qtr out?? This few days? Any advise?

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2018-02-21 09:55 | Report Abuse

any expectation for coming report??

Gamuda22

114 posts

Posted by Gamuda22 > 2018-02-21 10:02 | Report Abuse

should not expect on the quarter report

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2018-02-21 10:05 | Report Abuse

@Gamuda22 why said so?

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