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

Jabisma

25 posts

Posted by Jabisma > 2018-04-05 19:09 | Report Abuse

Klu .10 cent tinggal spender ja

faizkl

268 posts

Posted by faizkl > 2018-04-05 19:18 | Report Abuse

Remember when Shell RC change name to Hengyuan RC? It too drop first but later skyrocket..

Effendy Tay

1,125 posts

Posted by Effendy Tay > 2018-04-05 19:20 | Report Abuse

Arbitration results in Singapore can really shake umwog such a huge investment. Just a spark enough to burn the whole building costing billions of ringgit despite of full back up by pnb, tbg haji, amanah just like David and Goliath

Iloveshare

944 posts

Posted by Iloveshare > 2018-04-05 19:32 | Report Abuse

what is thexmain reason of sudden drop??? haiz

Lam LH

291 posts

Posted by Lam LH > 2018-04-05 19:36 | Report Abuse

another billion dollar loss this counter will have negative NTA..now only 38cents NTA..

Effendy Tay

1,125 posts

Posted by Effendy Tay > 2018-04-05 19:45 | Report Abuse

Impairment loss 2.5billion ringgit already declared and declare another loss for a short period is ridiculous to think about, nothing less to provoke as though money falling from the sky haha just incredible

Jabisma

25 posts

Posted by Jabisma > 2018-04-05 19:49 | Report Abuse

So shall we dispose or hold. Cut loss

Lam LH

291 posts

Posted by Lam LH > 2018-04-05 19:52 | Report Abuse

look at Maybulk.....you will understand what i said..

CUTLOST

5,178 posts

Posted by CUTLOST > 2018-04-05 19:59 | Report Abuse

buy low sell high

traderman

7,854 posts

Posted by traderman > 2018-04-05 20:15 | Report Abuse

buy low sell lowerer

CL_Tiok

78 posts

Posted by CL_Tiok > 2018-04-05 20:17 | Report Abuse

buy high, average down till no money when dropped

ysy99999

400 posts

Posted by ysy99999 > 2018-04-05 20:25 | Report Abuse

Hope 2morrow will rebounds back

Jabisma

25 posts

Posted by Jabisma > 2018-04-05 20:27 | Report Abuse

Still hope ka

micky92

759 posts

Posted by micky92 > 2018-04-05 20:28 | Report Abuse

Read thru the content of Arbitration case.If Umwog loss the case it is only US19.2Million losses.Further this should be accounted by Mgmt or there could be other reasons for drop today

Iloveshare

944 posts

Posted by Iloveshare > 2018-04-05 20:28 | Report Abuse

yes, hope for 2morrow

flysmart

477 posts

Posted by flysmart > 2018-04-05 20:50 | Report Abuse

dont hold onto false hope... otherwise cry also no tears... haha

moneypedia

5,987 posts

Posted by moneypedia > 2018-04-05 21:00 | Report Abuse

29.5 is support breach so easy...if wont go up can further down below 20....

Effendy Tay

1,125 posts

Posted by Effendy Tay > 2018-04-05 21:14 | Report Abuse

Short selling is common strategy to gain profit when many holding at high price but the bank that gives loan have a big nightmare and questionable of its credibility

minher

369 posts

Posted by minher > 2018-04-05 21:19 | Report Abuse

Yap. tomolo will drop below to 20sen. Better wait first.

minher

369 posts

Posted by minher > 2018-04-05 21:20 | Report Abuse

Now will short selling in UMWOG will spread to other O&G counter ? Better becareful.

Posted by Alfred Ch'ng > 2018-04-05 21:50 | Report Abuse

any idea what has happened actually anyone? couldn't be dropping that much simply coz of the change of name?

Chrishau

66 posts

Posted by Chrishau > 2018-04-05 21:50 | Report Abuse

Run as fast as possible

Risk Trader

3,942 posts

Posted by Risk Trader > 2018-04-05 22:21 | Report Abuse

Tomorrow sure rebound....so cheap already

Risk Trader

3,942 posts

Posted by Risk Trader > 2018-04-05 22:24 | Report Abuse

DJ already rebound tonight...

Posted by harrismsharif > 2018-04-05 22:44 | Report Abuse

velesto energy foreign company?

Effendy Tay

1,125 posts

Posted by Effendy Tay > 2018-04-05 22:52 | Report Abuse

Terima kasih en zul, atas bimbingan terperinci, ramai terperangkap Dan tak lena tidur, upa yg jatoh menjunam akan ada tindak balas nak tau esok ada peluang naik mendadak? Saja nak tau ramalan sifu

Surewind

292 posts

Posted by Surewind > 2018-04-05 23:26 | Report Abuse

Wow, nvr expected change name to drop so much. Why!
Damm i have 100k shares, dont think i have enough to average down now.

Data5000

388 posts

Posted by Data5000 > 2018-04-05 23:35 | Report Abuse

Buy before too late :D

Effendy Tay

1,125 posts

Posted by Effendy Tay > 2018-04-06 00:00 | Report Abuse

Time to collect for the future reward. When Heng Yuan change name on 26december 2016 that was the bottom of shell lowest price at 1.99.check and found soon after that it keep on moving until above 18ringgit. That's overvalued price players bleed until today when it traded below 7rm more than 50% drop from all time hi. Time to give second thought to grab this opportunity and average down. My 2cts judgement

Kingoffry

172 posts

Posted by Kingoffry > 2018-04-06 02:18 | Report Abuse

Good sign tomoro 0.250-0.255

Posted by HengHuatOng > 2018-04-06 06:30 | Report Abuse

Velesto Energy Huat ah!

Ivy Che

324 posts

Posted by Ivy Che > 2018-04-06 07:38 | Report Abuse

umwog want change feng shui like Shell change to Hengyuan

flysmart

477 posts

Posted by flysmart > 2018-04-06 07:42 | Report Abuse

nowdays ppl invest in stocks not with brain but with something else? pity them....

flysmart

477 posts

Posted by flysmart > 2018-04-06 07:43 | Report Abuse

even if it rebound today... most likely its a trap.... 20sen coming.... mark my words...

B4b4

7,583 posts

Posted by B4b4 > 2018-04-06 08:37 | Report Abuse

Beware when the company changes name. At this point , nobody knows good or bad . My 2 cents idea.

B4b4

7,583 posts

Posted by B4b4 > 2018-04-06 08:38 | Report Abuse

Hengyuan and Umwog , nature of business is very different. Cannot compare these two.

NateM

402 posts

Posted by NateM > 2018-04-06 08:38 | Report Abuse

Don't go in first, too many uncertainty. Trade war still making...And GE 14.

anson938

1,984 posts

Posted by anson938 > 2018-04-06 08:51 | Report Abuse

''Sell on rumours,Buy on fact''sapu.......

offshore

327 posts

Posted by offshore > 2018-04-06 08:54 | Report Abuse

Nothing wrong with name change. This event is expected as Umwog is no longer part of Umw. I am just afraid it is not due to name change. The management has been booking a few names like "PNB Drilling" etc. since the demerger before deciding to propose this name.

NateM

402 posts

Posted by NateM > 2018-04-06 09:00 | Report Abuse

waiting to right timing to go in....

anson938

1,984 posts

Posted by anson938 > 2018-04-06 09:01 | Report Abuse

its might back to 0.30....

anson938

1,984 posts

Posted by anson938 > 2018-04-06 09:07 | Report Abuse

will back to above 0.30 soon..

anson938

1,984 posts

Posted by anson938 > 2018-04-06 09:09 | Report Abuse

then will up non stop... 0.40-0.50...wait & see!

frank74

412 posts

Posted by frank74 > 2018-04-06 09:10 | Report Abuse

selling pressure in the afternoon yesterday...maybe foreigners offloading in view of elections. will have to watch whether same pressure comes after 3pm

anson938

1,984 posts

Posted by anson938 > 2018-04-06 09:12 | Report Abuse

reached 0.25 now....

frank74

412 posts

Posted by frank74 > 2018-04-06 09:18 | Report Abuse

question is, do people want to wait til afternoon session to see whether there's more selling...

frank74

412 posts

Posted by frank74 > 2018-04-06 09:20 | Report Abuse

massive pressure will be coming to other counters today too i suspect...

Lam LH

291 posts

Posted by Lam LH > 2018-04-06 09:31 | Report Abuse

next one will be perdana..

babypost85

365 posts

Posted by babypost85 > 2018-04-06 09:33 | Report Abuse

wow wow ! keep selling !

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