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

Jcwt

7 posts

Posted by Jcwt > 2018-03-15 17:28 | Report Abuse

PMB Investment eyes O&G in 2018
https://www.theedgemarkets.com/article/pmb-investment-eyes-og-2018

WallStBull

449 posts

Posted by WallStBull > 2018-03-15 21:31 | Report Abuse

GE commission needs 400m to run GE14 :D

RedEagle

3,194 posts

Posted by RedEagle > 2018-03-15 21:39 | Report Abuse

IPOH (March 15): The ringgit is expected to surge to 3.80 against the US dollar in the near term, Datuk Seri Najib Tun Razak said.

The Prime Minister said his optimism emanated from positive indicators like the nation's strong economic performance, as well as the country's export value of more than RM80 billion in the first quarter of this year.

"Our currency yesterday dropped slightly to 3.90 from 3.89 (against the US dollar). InsyaAllah, in the near term it may rise to 3.80.

“In terms of currency value, ours is among the best performing currencies as several months ago the ringgit had weakened to 4.49. But it will surge to 3.80 soon," he said when addressing the Prime Minister’s Budget 2018 with People-Civil Servants programme attended by over 5,000 people, here today.

This is the fourth edition of the programme in Najib’s quest to share the country's success stories and explain various government policies that had been and will be implemented.

Najib was greeted on arrival at the Allied Health Sciences College, Tanjung Rambutan near here by Perak Menteri Besar Datuk Seri Dr Zambry Abd Kadir and State Secretary Datuk Seri Abdul Puhat Mat Nayan.

The Prime Minister described the rating affirmation of three international bodies, namely Fitch, Moody’s and Standard & Poors on the government administrative capability recently as not an ordinary recognition.

He said the three international rating agencies had visited the country to carry out an in-depth study in terms of facts and figures before affirming Malaysia ratings at ‘A’.

"Our country ratings was affirmed at ‘A-’, Singapore may be higher but we are in Group A, (while) Italy at B, Greece was worse, Russian at B. So, if people said we will go bankrupt, it is just common sense that Group B will go bankrupt first. How can A go bankrupt before B.

“During the Asian Financial Crisis in 1997, our reserve was at US$20 billion, but the bankrupt story did not surface then. Now our country’s reserve stood at US$103 billion, a five-fold increase from before," he said.

He said the value of national loans against Gross Domestic Product also declined from 54 per cent to 50.8 per cent.

Posted by Jonathan Keung > 2018-03-15 22:20 | Report Abuse

agreed with JJ. only few counters react GE 14 with volume and price. others are sleeping or side ways. BN nor announcing date but evey tom dick harry ecpects parliament to dissolve. EC new voters list to be past by parliament (dewan rakyat followed by dewan negara ) by convention.? dewan rakyat will end thier last session . BN expected to bulldoze it and used the new voter list without refering to dewan negara for reading before April 6. dissolution and calling for GE 14 needs a minium of { 7 days } for nomination plus another 7 -10 days for campaign. my guess before end april

ankahill

1,046 posts

Posted by ankahill > 2018-03-16 06:59 | Report Abuse

No hope! Today see RED again!!?

zzzzz

1,874 posts

Posted by zzzzz > 2018-03-16 09:22 | Report Abuse

WOW.... sellers are great ... keep dumping

afifi

2,035 posts

Posted by afifi > 2018-03-16 11:44 | Report Abuse

jln la bro. dont wait
us down kau ikut,
up skali la..

Posted by Ong Eng Lee > 2018-03-16 12:02 | Report Abuse

Like 80yrs old grandpa lanjiao

zzzzz

1,874 posts

Posted by zzzzz > 2018-03-16 12:35 | Report Abuse

I tot Mokhzani already disposed all his shares

James Ng

2,693 posts

Posted by James Ng > 2018-03-16 14:04 | Report Abuse

https://klse.i3investor.com/blogs/general/150986.jsp
[转贴] [UMW OIL & GAS CORPORATION BHD,生意慢慢恢复] - James的股票投资James Share Investing

陳彥霆

937 posts

Posted by 陳彥霆 > 2018-03-16 16:29 | Report Abuse

James u are idiot

Comeonbaby

279 posts

Posted by Comeonbaby > 2018-03-16 16:54 | Report Abuse

Fkkk.kena trap Pula.cannot up

zzzzz

1,874 posts

Posted by zzzzz > 2018-03-16 19:49 | Report Abuse

Last min throw down......

TakeProfits

1,229 posts

Posted by TakeProfits > 2018-03-17 14:17 | Report Abuse

Spec stock lar. Keep a bit longer possible make some money. They won a small.kucing kurap 460k contract. Win 46m contract then can.shout a bit. Win 460m contract then can shout out more. Haha. But can they manage big contracts and make a profit out of it. Do they have execution success. I doubt it. But at very low then can make some cents..

SaoQ

76 posts

Posted by SaoQ > 2018-03-19 01:48 | Report Abuse

say what you want but double bottom, can gamble to break 0.34

TeWG

50 posts

Posted by TeWG > 2018-03-19 10:25 | Report Abuse

sell all if no confident

offshore

327 posts

Posted by offshore > 2018-03-19 18:36 | Report Abuse

Umwog's Head of Supply Chain.

Posted by predictor1234 > 2018-03-19 22:08 | Report Abuse

@JJchan, where do you see the latest announcement? thanks

traderman

7,854 posts

Posted by traderman > 2018-03-19 22:10 | Report Abuse

hopeless stock.

Dan Mohd

30 posts

Posted by Dan Mohd > 2018-03-20 19:24 | Report Abuse

Someone inside buy huge volume, he know something we dont know.

Comeonbaby

279 posts

Posted by Comeonbaby > 2018-03-20 20:59 | Report Abuse

Oil price keep increasing ...1precent as of now

offshore

327 posts

Posted by offshore > 2018-03-20 21:04 | Report Abuse

He probably knows some contract wins but I doubt he knows the value or profitability of each contracts. Only the President and certain staff in business development or finance know this info. Anyway, you don't need to know these if you are planning to just profit from the short term price burst after the announcement.

moneykj

6,112 posts

Posted by moneykj > 2018-03-21 14:54 | Report Abuse

360Capitalist 艾力斯新尝试 竞标路税保险平台合约

09/03/2018

过去几年生意陷入低潮的创业板公司艾力斯(IRIS 0010)引进新大股东後,开始有新动作,该公司已参与竞标,争取夺得政府路税及保险更新系统平台合约,是这家公司重新振作的行动之一。

这张合约有多大还不知晓,不过相信整个计划涉及范围很广,因为涉及马来西亚国民驾驶执照和汽车注册的数据。

根据一项接近艾力斯的消息指出,若成功夺得合约,在打造这个新平台时,艾力斯将会收集到国人驾驶执照数据,有关数据在未来将是重要资产。

目前陆路交通局的驾驶执照和路税更新可以说是被MYEG服务垄断,艾力斯想要突破垄断,是否能顺利获得政府点头呢?

MYEG服务的核心生意是E政府,即政府所有收费都可以通过MYEG服务平台完成,由於数目庞大,MYEG服务每年都可录得惊人利润。
09/03/2018 23:17
X
moneykj 目前陆路交通局的驾驶执照和路税更新可以说是被MYEG服务垄断,艾力斯想要突破垄断,是否能顺利获得政府点头呢?

Ans:

New boss Dato Rozabil is Perlis Umno Leader. Managing Director of Destini. KJ's buddy.
Many government agencies are Destini clients.
With Rozabil incharge, Iris why can't?
10/03/2018 17:29
X
moneykj First with Immigration department contract in Dec last year. Expected more contract from government agencies will be announced. Keep an eye on Iris leh...
10/03/2018 17:44

jojoba

198 posts

Posted by jojoba > 2018-03-21 16:23 | Report Abuse

Cooked up analysis by maybank..don trust

offshore

327 posts

Posted by offshore > 2018-03-21 18:07 | Report Abuse

Very well written analysis. Based on history of offshore drilling cycle, it took ten years from the trough no. 1 to reach peak no. 3. So, are you ready hold this share for 10 years to fully reap its profit opportunity? I am very surprised that Maybank wrote such an objective analysis considering they are the major financier for Umwog.

offshore

327 posts

Posted by offshore > 2018-03-21 21:41 | Report Abuse

But I doubt EPF uses any form of media to mislead the investment community for their agenda.

Posted by Dickson FUng Ho Yin > 2018-03-21 23:43 | Report Abuse

28 march 2018 have announcement

Max2838

484 posts

Posted by Max2838 > 2018-03-22 00:45 | Report Abuse

Rick Ramli, ex-MD, Boston Consulting Group & MBA from NorthWestern University joins UMWOG as non-Independent & non-Executive director to represent PNB.... a welcome change. He's an expert to effect change... likely next CEO or Chairman.
A very good move by PNB....

offshore

327 posts

Posted by offshore > 2018-03-22 01:11 | Report Abuse

Datuk ARA not good enough?

Max2838

484 posts

Posted by Max2838 > 2018-03-22 02:38 | Report Abuse

I am betting that the Rick horse can run faster than the ARA horse.
The ARA horse's track record not good when he was CEO of Media Prima and in EQUINAS..

Iloveshare

944 posts

Posted by Iloveshare > 2018-03-22 06:41 | Report Abuse

good join of Rick Ramli to boost UMWOG share price up

rijack88

1,008 posts

Posted by rijack88 > 2018-03-22 10:10 | Report Abuse

umwog-wa still cheap to collect

IronShirt

3,178 posts

Posted by IronShirt > 2018-03-22 11:06 | Report Abuse

re-delineation tabled next Wed--28/4.....Can goreng now

Posted by Jonathan Keung > 2018-03-22 11:15 | Report Abuse

Rick Ramli creditials good . PNB smart moved to put Rick Ramli in UMWOG to drive the business

offshore

327 posts

Posted by offshore > 2018-03-22 12:41 | Report Abuse

Not sure if putting another director will make any difference. It is the management that is running the show. Directors are just providing check and balance (aka rubber stamp). They may not necessarily provide any value but is receiving allowance from the board meetings every month apart from medical benefits and leave passage.

Posted by Jonathan Keung > 2018-03-22 13:50 | Report Abuse

most board members just warming their seats ( unless you are driven by a passion ) to outperform or have a mandate to propel the company . Nobody knows what beholds of UMWOG. same like Air Asia when TF first started. Just keep our fingers crossed

offshore

327 posts

Posted by offshore > 2018-03-22 14:35 | Report Abuse

You can't compare an entrepreneur driven company and a GLC. The work culture and management mentality are totally different.

Posted by Dickson FUng Ho Yin > 2018-03-22 18:47 | Report Abuse

Can, no problem

anson938

1,984 posts

Posted by anson938 > 2018-03-23 10:21 | Report Abuse

http://klse.i3investor.com/m/news/244630.jsp
Oil prices rise as Saudi Arabia says production curbs could last into 2019

edison5351

236 posts

Posted by edison5351 > 2018-03-23 10:21 | Report Abuse

flying without wings -> umwog

wudmec

254 posts

Posted by wudmec > 2018-03-23 11:44 | Report Abuse

wau..umwog...very strong..still stable

edison5351

236 posts

Posted by edison5351 > 2018-03-23 15:49 | Report Abuse

umwog-WA damn strong man.. die die oso dont want go down 0.14 cents

Iloveshare

944 posts

Posted by Iloveshare > 2018-03-23 22:48 | Report Abuse

brent oil hit usd 70, cheers

Effendy Tay

1,125 posts

Posted by Effendy Tay > 2018-03-24 06:36 | Report Abuse

Even though Dow Jones drop heavily on Thursday and Friday, umwog remain strong and doesn't affect at all. With improve Brent crude breaking 70USD as a new benchmark and maintain persistently for many months, oil and gas industry indefinitely open the door for more oil rigs benefits serving as major industry once again. The right timing after lying low for the past few years shall bounce back to it's previous platform. Buy when dip keep as potential investment just as TF enhance Air Asia. It is parallel no doubt about it.

Posted by Christopher Toh > 2018-03-25 18:37 | Report Abuse

tp??

Iloveshare

944 posts

Posted by Iloveshare > 2018-03-25 22:06 | Report Abuse

0.44

keropea

102 posts

Posted by keropea > 2018-03-26 08:51 | Report Abuse

today will have another announcement on securing another $$$ contract

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