Posted by offshore > 2019-03-28 13:20 | Report Abuse

Last quarter utilization was already quite high at over 90% and it gave us an indication of how profitable this company can be with the best case scenario. Use that information to gauge how profitable this company will be in future assuming it can still maintain that high level of utilization and DCR doesn't move much, simple as that.

Posted by DoomStock > 2019-03-28 13:49 | Report Abuse

Bonus? Possible..Hehehehe

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5857161

Posted by JJchan > Mar 23, 2019 6:15 PM | Report Abuse
I didn't see Award of Frontier oil Corporation ( US19.2mill) in 4Q18 financial so 1Q19 should
include a extra ordinary Gain around RM 68million ( including legal cost +++)

Posted by DoomStock > 2019-03-28 14:11 | Report Abuse

LOL

Posted by Mafanyau > 2019-03-28 14:24 | Report Abuse

bonus issue? hahaha.... laugh die me .

Posted by DoomStock > 2019-03-28 14:26 | Report Abuse

LOL

Posted by JJchan > 2019-03-28 14:26 | Report Abuse

Frontier got Rights to explore in the Philippines----just like Sapnrg sold its Rights in E&P for 2.66Billion----The problem is how to execute/get the award

Posted by Khaz > 2019-03-28 14:28 | Report Abuse

lol almost got trapped at velesto

Posted by JJchan > 2019-03-28 14:48 | Report Abuse

once 2 Asean registered Co. agreed to settle their Biz- dispute in Singapore Arbitration Court---
the award can be enforced in Asean Countries except Myanmar, Laos + Cambodia (bcoz they are
new member )
To accomodate new members, Biz- contract can be signed/stamp in Singapore with agreement that
any dispute will be refer to Singapore Arbitration Court. ( all my Biz contracts are signed this way )

Posted by shahbj > 2019-03-28 15:14 | Report Abuse

Another sleepin counter,just like hibiscs..should run away from this counter

Posted by shahbj > 2019-03-28 15:14 | Report Abuse

#sleeping

Posted by DoomStock > 2019-03-28 15:20 | Report Abuse

The problems with Investment Banks, their recommendations for the new TPs for some companies are only made after the announcements.

By that time the prices of their recommendation companies published the prices are already high. So buying high prices based on their recommendations means high risks cos u need to sell higher.

Savvy individual investors & the big funds knowing the potential of the companies would take every bearish sentiment to add slowly & surely more to their portfolios.

By the time announcements are made & recommendations published, the early birds savvy investors & the big guns will be the one slowly & surely selling more while buying less in order to biff up the price higher.

So folks, which side of the scenario do u want to be in. Hehehe…

Posted by sooaria > 2019-03-28 15:59 | Report Abuse

Source : The Star Online March 28, 2019
Malaysia's economy to grow between 4.7% and 4.8%

Posted by sooaria > 2019-03-28 16:00 | Report Abuse

Malaysia's economy is projected to grow between 4.7 and 4.8 per cent this year, if the conditions improve during the second half of the year, said Deputy International Trade and Industry Minister Dr Ong Kian Ming.

He said the manufacturing sector would continue to drive the country's exports and economic growth, adding that the ministry would continue to spur its growth and investments.

"I believe more domestic companies would be more willing to invest during the second half of this year, given the clear government policies in place.

"In Bank Negara Malaysia's report released yesterday, we can see that the investment climate is still very good here, with approved investments improving, especially in the manufacturing sector," he said.

Ong was speaking to reporters after officiating the brand relaunch of China's automobile and commercial vehicle manufacturer, JAC Motors, and the launch of the new generation of JAC trucks here today.

He said in the 2019 Budget, the government projected a 4.9 per cent in gross domestic product this year, but since then, there has been a lot of global uncertainties such as the United States-China trade tensions and Brexit.

“If things get better, we will be able to see better than expected growth. If not this year then we hope (it will happen) next year,” Ong said.

Source : Star online March 28, 2019

Posted by DoomStock > 2019-03-28 16:35 | Report Abuse

Be a savvy investor..Buy low sell higher...low risk.

Don't be a greedy investor..Buy high sell higher..high risk buying after bank recommendations.

Hehehehe..

Posted by shahbj > 2019-03-28 18:10 | Report Abuse

The problem is, how to know when is the low price n when is the high price?

Posted by facsc118 > 2019-03-28 18:31 | Report Abuse

buy when is down trend
sell when is uptrend this stock need holding power and need to prepare to hold at least 1 quarter

Posted by kenzylim > 2019-03-28 22:08 | Report Abuse

Trump said oil price too high ..

Posted by CHLEONG888 > 2019-03-28 22:21 | Report Abuse

Calvin, say something, why so quiet

Posted by Simple man > 2019-03-28 22:26 | Report Abuse

Price drop so keep quiet la... tomorrow price will go up jor. buy at 0.30

Posted by calvintaneng > 2019-03-28 22:27 | Report Abuse

osted by CHLEONG888 > Mar 28, 2019 10:21 PM | Report Abuse

Calvin, say something, why so quiet

CALVIN SAY LOUD LOUD!!

VELESTO GOT 2 BIG BIG ADVANTAGE

PETRONAS WILL INCREASE HWUs BY 100% FROM 3 TO 6

VELE VELE GOOD FOR VELESTO

ALSO INCREASE OIL RIGS FROM 15 TO 25 OR UP TO 29 OR 40% TO 93% INCREASE

WITH RM600 MIILIONS JOB IN THE BOOK & NEW JOBS AWARD FOR YEAR 2019

FOR VELESTO YEAR 2019 WILL BE VERY EXCEPTIONAL

SO JUST BUY VELESTO WILL CHEAP!!!

Posted by sohcw > 2019-03-28 22:51 | Report Abuse

financial losses with heavy debt company will bring you to holland

Posted by Flyinghorse > 2019-03-28 23:24 | Report Abuse

Must send an invitation to Velesto directors to see this forum. So much energy. Lol

Posted by anonymous98 > 2019-03-28 23:28 | Report Abuse

When youre looking at the comments since 0.20 ... wonder why ppl only enter in 0.3

Posted by Hotstuff > 2019-03-28 23:37 | Report Abuse

becos when price at 0.20 there was no movement and those who enter at this price are truly investors with holding power and great patience. when the price start rally those monkeys will jump in to get trap

Posted by Hotstuff > 2019-03-28 23:39 | Report Abuse

monkeys jumping out from nowhere trying to grab a piece of banana from one another

Posted by vllyk > 2019-03-29 02:55 | Report Abuse

Seriously.. Calvin.. stop promoting. Anything you promote tends to move backwards.

Posted by JJchan > 2019-03-29 09:22 | Report Abuse

Today Contracts announcement after 5:00pm Or 2:30pm-----keeping fingers Crossed

Posted by Flyinghorse > 2019-03-29 09:31 | Report Abuse

Huat ah!!! Ong ah!!! Heng ah!!!

Posted by sooaria > 2019-03-29 09:54 | Report Abuse

Good Morning all

Posted by sooaria > 2019-03-29 09:54 | Report Abuse

Have Faith in Calvin chun chun

Posted by sooaria > 2019-03-29 09:55 | Report Abuse

Calvin chun chun on T7 Global

Posted by sooaria > 2019-03-29 09:55 | Report Abuse

A few days ago, T7 Global drop to RM0.495, everyone lost faith in Calvin

Posted by sooaria > 2019-03-29 09:56 | Report Abuse

Those who buy T7 Global at RM0.495, and keep and hold, this morning, T7 Global shot up to RM0.565

Posted by nckcm > 2019-03-29 09:57 | Report Abuse

No , sell

Posted by sooaria > 2019-03-29 09:57 | Report Abuse

Same with Velesto , now RM0.285, very soon Velesto will be like T7 Global too, and shot sky up high

Posted by sooaria > 2019-03-29 09:57 | Report Abuse

Velesto - vele vele good

Posted by sooaria > 2019-03-29 09:57 | Report Abuse

buy now, and keep and hold

Posted by sooaria > 2019-03-29 09:58 | Report Abuse

Lets huat together

Posted by JJchan > 2019-03-29 10:13 | Report Abuse

i hope Velesto can get 5 JUR contracts for existing units and 5 extra Contracts using Leased Units.
Petronas and PNB all controlled by Mahathir

Posted by DoomStock > 2019-03-29 10:22 | Report Abuse

Good things happen to those who wait; better things happen to those who act.

Wait for a good price like yesterday & act like a savvy early bird acquiring slowly & surely.

By the time recomendations by banks r out, u will be laughing all the way to the bank by selling slowly & surely. Heheheheheh..

Posted by offshore > 2019-03-29 11:07 | Report Abuse

JJchan, leased from who? Foreign rigs? Petronas allows that?

Posted by DoomStock > 2019-03-29 11:23 | Report Abuse

With a more stable world stock markets sentiment, high crude oil prices & a stable Malaysian economy are all positive signs for KLSE.

An announcement of new contract in this market situations will be the game changer.

Remember folks, don't waste time waiting for recommendations from investment banks. By the time the recommendations published, the share prices will be high so yr risk to buy will be high too cos have to sell higher.

Great things happen to those who listen & believe.

Heheheheh..

Posted by DoomStock > 2019-03-29 11:30 | Report Abuse

To those who are sceptical, no worries. Just enjoy the show. Heheheheh..

Posted by JJchan > 2019-03-29 12:38 | Report Abuse

Previous Petronas Chairman claim he is World Class. Mahathir just said he has to go bcos local
O&G are all dying. I am sure Politics will win-----velesto will get more job. Everyday ppl said PH
means change, i walk around many Gov. Dept every month-----nothing change, still BN style

Posted by JJchan > 2019-03-29 12:53 | Report Abuse

When PNB holds 51% shares, it can nominate itself( appointee) to be chairman and CEO

Posted by Woodswater > 2019-03-29 15:10 | Report Abuse

So far up to date PNB holding 14%,but did not c any aggressive accu action taken yet meanwhile disposing. I don't think announcement will b released by today but most likely b4 may qr. Correct me if I'm wrong. Tqvm

Wakakakaka

Posted by calvintaneng > 2019-03-29 17:55 | Report Abuse

Vele steady

Posted by JJchan > 2019-03-29 18:55 | Report Abuse

Yayasan owns PNB.---- PNB owns Amanah----Pnb 14% + Amanah 38%===52%
Wait for the pump and dump by Amanah ----next week after Contract announcement

Posted by Woodswater > 2019-03-29 20:07 | Report Abuse

Pump n dump , finally back to square !

Wakakakaka

Posted by Abdul Samad Abdul Rahman > 2019-03-29 20:26 | Report Abuse

oil rally .monday above 0.30