Posted by Jonathan Keung > 2018-07-25 09:41 | Report Abuse

the share float is too big. sharks wont bite or touch

Posted by JJchan > 2018-07-25 09:56 | Report Abuse

The float looks Big but it is Not....6B RI------4B are taken by Amanah, Yayasan, Lth, Epf, maybe 2B
are taken by retailers------However on the retailers side, I doubt many can sell bcoz Umwog was
goreng up to RM4 and then dropped to 0.30 now----how many can average down and sell???

Posted by junetan20 > 2018-07-25 10:11 | Report Abuse

finally move!!!!

Posted by Jerry Tan > 2018-07-25 10:25 | Report Abuse

When QR out?

Posted by Surewind > 2018-07-25 10:45 | Report Abuse

today moving but my averaged price still higher. pls move more..

Posted by yuzeency > 2018-07-25 11:08 | Report Abuse

what is target price? anyone can compare Velesto with Sapnrg? which more worth to buy?

Posted by imnewguy > 2018-07-25 11:11 | Report Abuse

don't ask, nobody will actually know the real TP, just go with you instinct.

Posted by Jonathan Keung > 2018-07-25 11:19 | Report Abuse

first time break above > 30.5

Posted by 100000668624314 > 2018-07-25 11:22 | Report Abuse

Lets see this will hold ... or break higher .... ;)

Posted by bearbull > 2018-07-25 11:25 | Report Abuse

It need to sustain above ma200 and resistance 0.32 for next 1 month then it will form a new uptrend. Not the goreng trend

Posted by Jonathan Keung > 2018-07-25 11:29 | Report Abuse

Tab Haji selling but ASB buying ( portfolio rebalancing between GLIC )

Posted by Yael Jasper > 2018-07-25 11:31 | Report Abuse

Best stock ever !

Posted by ankahill > 2018-07-25 11:39 | Report Abuse

Sure lioa!!!

Posted by Pangpang > 2018-07-25 13:43 | Report Abuse

Looking forward to a strong uptrend..

Posted by cth0712 > 2018-07-25 14:29 | Report Abuse

0.305 now full of seller, chances of going beyond that to 0.32 possible? what i know is this counter 0.30 or above = distribution, totally sold whole company to public now...

Posted by Chang Wt > 2018-07-25 23:07 | Report Abuse

Velesto Energy - Turnaround Story Still Intact
https://klse.i3investor.com/blogs/hleresearch/166874.jsp

Posted by 263263 > 2018-07-26 08:25 | Report Abuse

Media look good.
Look bad?

Posted by cth0712 > 2018-07-26 09:51 | Report Abuse

Well, most of the velesto supporter want to see the price surge to 0.34, but 0.31 not even cross and 0.32 roadblock...

Posted by 100000668624314 > 2018-07-26 10:50 | Report Abuse

Maybe ding dong at 0.305 for another half year ...;)

Posted by rijack88 > 2018-07-26 10:52 | Report Abuse

http://www.theedgemarkets.com/article/velestos-successful-claim-against-frontier-seen-lower-finance-costs

Posted by IronShirt > 2018-07-26 18:36 | Report Abuse

my remisier like the Affin-Hwang Tp 0.35. He said breached 0.35 by retailers will see Amanah + GLC push price to 0.50 ( goreng to make money)

Posted by IronShirt > 2018-07-26 19:05 | Report Abuse

what happened to Hibiscus might reocurred here. Cimb and Rhb keep giving tp1.0 to Hibiscus for
Sabah deal then one day suddenly Hibiscus started flying to 1.0 ( actually no deal ever announced
then )

Posted by CL_Tiok > 2018-07-27 09:10 | Report Abuse

change name from umwog but still heavy to break 3.2..

time to sell

Posted by 263263 > 2018-07-27 10:00 | Report Abuse

Please give this stock one more month.
Contract and earning time coming soon.

Posted by Yael Jasper > 2018-07-27 11:05 | Report Abuse

Strong stock, buy it now !

Posted by JJchan > 2018-07-27 17:57 | Report Abuse

wow....amanah pushed up to 0.310 to sell ( 50million)-------24July Volume done 94million

maybe second round coming-----amanah got bullets now

Posted by Darren95 > 2018-07-27 18:07 | Report Abuse

TypeAnnouncementSubjectOTHERS
DescriptionCONTRACT FOR THE PROVISION OF JACK UP DRILLING RIG SERVICES FOR SARAWAK SHELL BERHAD / SABAH SHELL PETROLEUM COMPANY LIMITED

1. INTRODUCTION
The Board of Directors of Velesto Energy Berhad ("VEB") (formerly known as UMW Oil

Posted by JJchan > 2018-07-27 18:12 | Report Abuse

wow...New contract worth RM100million for Naga 7

Posted by snwong13 > 2018-07-27 18:46 | Report Abuse

.
http://www.theedgemarkets.com/article/velesto-secures-rm101m-jackup-drilling-rig-job-shell

Posted by Oliveoil > 2018-07-27 19:49 | Report Abuse

Monday will go up?

Posted by Darren95 > 2018-07-27 20:04 | Report Abuse

yes

Posted by OngMoneyOng > 2018-07-27 20:36 | Report Abuse

Waooo. Monday fly gao gao

Posted by JJchan > 2018-07-27 21:07 | Report Abuse

with 100million contract + 22Aug (2Q results) + RM15million spare Cash from 50m amanah sales
----August could be Velesto goreng month

Posted by TrippleZ > 2018-07-27 21:17 | Report Abuse

100mil 15mil is like a drop of water in the ocean for velesto. It contributes nothing nothing to the massive 8.5bil shares of velesto.

Posted by JJchan > 2018-07-27 22:00 | Report Abuse

If PNB & Co don't mind holding 6billion velesto shares, i shouldn't complaint too much

Posted by sell > 2018-07-28 03:19 | Report Abuse

27-Jul-2018 Insider AMANAHRAYA TRUSTEES BERHAD - AMANAH SAHAM BUMIPUTERA (a substantial shareholder) disposed 25,000,000 shares on 25-Jul-2018.
27-Jul-2018 Insider AMANAHRAYA TRUSTEES BERHAD - AMANAH SAHAM BUMIPUTERA (a substantial shareholder) disposed 25,000,000 shares on 24-Jul-2018.

Posted by sell > 2018-07-28 03:20 | Report Abuse

ASB selling big. Each round 3 sen gain(buy at 27 sell at 30 sen) how much profit?

Posted by Poisonivy > 2018-07-28 07:42 | Report Abuse

Cyclical run up is on track, look at the balance book debt ratio had dropped 20%. Rental utilisation of crank from 60%to 85%, order secure from Sarawak should be the beginning spark of projects inflow.... The commenced of PE and PP plant from Petronas urge need 0.35 T crank for the consecutive 5years... Oil up and sustainable.... The sub tier support petroleum will surge.... There only one direction petroleum play for coming months

Posted by Poisonivy > 2018-07-28 07:49 | Report Abuse

Piece of advice when read inside when one sell who buy.... Look at eforce Myeg substantial share holders almost every week sell 2000lot.....price now eforce 0.37 now 0.56 myeg 0.85 now 1.28 Important who buy u need few party to ramp up......ignore noise stock play on forward prospect...

Posted by Poisonivy > 2018-07-28 08:08 | Report Abuse

You need the invisible hand to create the miracles and the substantial holders to create the noise... For retailers sell cheap... In short look at fundamental and the balance book that will give u clear indicator and future trend that crucial ready for good times...

Posted by 263263 > 2018-07-28 12:06 | Report Abuse

http://www.klsescreener.com/v2/news/view/410556

Posted by Poisonivy > 2018-07-28 16:35 | Report Abuse

http://www.upstreamonline.com/tag/organization/Velesto_Energy

Posted by JJchan > 2018-07-28 17:53 | Report Abuse

The release timing of the 2 events (100m new contract) and Amanah sale of 50m shares is of no
coincident ( it is planned)

Posted by SapNrg > 2018-07-28 18:01 | Report Abuse

Might be ASB has leaked infor coming QR is loss so play safe by selling. No harm taking profit bought low. Contract won will not affect QR to be announced.

Posted by JJchan > 2018-07-28 22:14 | Report Abuse

2Q18 is sure profit. Velesto biz is very straight forward. Just provide Drilling job. Contract is just to
negotiate best Daily Charter Rate(DCR)----Petronas gives about $70,000/day

Posted by bearbull > 2018-07-30 08:23 | Report Abuse

http://www.javestock.com/2018/07/30/velesto-rise-of-the-naga/

Posted by Faithone > 2018-07-30 09:01 | Report Abuse

Strong opening this morning. bullish day?

Posted by 286210 > 2018-07-30 09:29 | Report Abuse

The announcement for the new RM101mil contract from Shell was released late last Friday. New contract and new rates. UMWOG is turning.

http://m.thesundaily.my/node/567306

Posted by Yael Jasper > 2018-07-30 10:27 | Report Abuse

Wow, profit damn high

Posted by eatsmall > 2018-07-30 10:47 | Report Abuse

come on bro..