Posted by Woodswater > 2019-04-02 17:34 | Report Abuse

Any bad news?

Posted by Bluey > 2019-04-02 18:18 | Report Abuse

Doing folk dancing 1 cent forward and two cents back. Come on folks, time to get moving!

Posted by SuperPanda > 2019-04-02 18:30 | Report Abuse

bad news is no good news

Posted by SuperPanda > 2019-04-02 18:31 | Report Abuse

but good news will come later by next qtr report based on the uptrend oil price from jan-mar

Posted by whitesheep > 2019-04-02 19:07 | Report Abuse

cruel & WTI both went up again for highest in last 3 months ... ape lagi ...masuk lah

Posted by snwong13 > 2019-04-02 19:17 | Report Abuse

.
EPF coming back!
Good sign!!

Posted by Woodswater > 2019-04-02 19:26 | Report Abuse

Hv any sifu here know how much shares epf bought into SapE since both vele n SapE under PNB as well?

Posted by JJchan > 2019-04-02 19:53 | Report Abuse

Epf sold all (300m of Sap) at 0.580 in One Giant Block last year before RI. It takes me 2 days to figure that out -----no announcement bcoz below 5%... I think epf didn't participate in RI too.
Sap as of today still carries Long Term Debt 11Bil + 6Bil short term Debt-----too much for Epf to
Bear

Posted by Woodswater > 2019-04-02 20:01 | Report Abuse

Sifu is still sifu, unlike those ppl suddenly appear said they already bought very very early, ask me don't claim anyone here sifu/master. I just respect n appreciate their honest, sincere advice n analysts given here. Tq sifu jjchan. Luckily I sell chew cheong fun but no longer invest EPF anymore since last 3 yrs ago withdrawed all my deposit to pay my atap housing loan. Sad!

Wakakakaka

Posted by JJchan > 2019-04-02 20:04 | Report Abuse

Epf must be Buying Velesto from 0.17 to now 0.290 (Participate in RI but percentage falls below
5%----I think around 3.5% after RI )----EPF will continue to Buy around One million per day for
the next 3 months to achieve 7% total holding( just my guess)-----so what do EPF see in Velesto? Dividend payout--hahaha------My Guess is the Same as everybody----Capital Appreciation----Price??????

Posted by Tian Sen Tester > 2019-04-02 20:22 | Report Abuse

Epf still accumulating. Not a bad sign

Posted by JJchan > 2019-04-02 20:35 | Report Abuse

EPF philosophy is about making money Not national service. If Petronas don't increase Jack-Up
Rigs, you think EPF will accumulate Velesto

Posted by buy_signal > 2019-04-02 20:46 | Report Abuse

Long signal appeared today.

Posted by HuatlaiOnglai > 2019-04-02 21:11 | Report Abuse

The probability of Velesto getting more jobs from petronas is getting higher as shared in petronas report + oil price. Once annocument out, I would see the price breaking the .5cent mark. Couple with good/strong qtr number from now on, will push the price even further. Indeed a promising stock to invest in.

Posted by stockraider > 2019-04-02 21:41 | Report Abuse

Always invest long term then u no takut anybody loh....!!

Posted by dragonslayer > Apr 2, 2019 9:31 PM | Report Abuse

Aiyo...you chase chase..takut PNB selling...you sell seel..takut epf buying...apa macam now...susah lah...naik tak boleh...turun tak boleh...then play ding dong lor ..lol...aiyoyo....kikiki

Posted by stockraider > 2019-04-02 21:55 | Report Abuse

U Understand what the word Transformation mean or not ??

Posted by 如鱼得水 > Apr 2, 2019 9:52 PM | Report Abuse

don't listen to this conman raider, he combine with conman calvinT to pump n dump shares, hard sell day n night asking ppl to buy Talam...

Only idiot will invest long term in lousy stock like Talam which continue losses yr in yr out... selling assets oso cant cover losses.. going 2 issue pp.. pp will dilute nta...

Posted by calvintaneng > 2019-04-02 21:56 |

Post removed.Why?

Posted by bearbull > 2019-04-02 21:57 | Report Abuse

Its a joke of the year if raider and calvinT can pump and dump stock like velesto...grow up...use some common sense

Posted by calvintaneng > 2019-04-02 22:01 | Report Abuse

Posted by bearbull > Apr 2, 2019 9:57 PM | Report Abuse

Its a joke of the year if raider and calvinT can pump and dump stock like velesto...grow up...use some common sense

HAHAHA YOU ARE RIGHT!

VELESTO GOT MORE SHARES THAN THE MIGHTY SAPNRG

CALVIN MUST BE HERCULES HOR!

Posted by DoomStock > 2019-04-02 22:02 | Report Abuse

Remember folks, buy on weakness.

Since it’s an open secret that Velesto will be awarded new contracts in the coming months, the share price will be more on the uptrend due to the bullish supply & demand factors.

With the announcements of new contracts, the big boys will easily push the share price even higher.

By the time the investment houses made their recommendations, the big boys will be selling slowly & surely while buying some to biff up the share prices.

To those sideliners at which level do you want to buy as the higher the price the higher risk to profit.

Heheheheh..

Posted by calvintaneng > 2019-04-03 00:11 | Report Abuse

https://oilprice.com/Energy/Energy-General/Oil-Gas-Cash-Flow-Hits-All-Time-High.html

Posted by sooaria > 2019-04-03 07:59 | Report Abuse

Good Morning all

Posted by sooaria > 2019-04-03 07:59 | Report Abuse

Thank you Calvin for chun chun

Posted by sooaria > 2019-04-03 08:00 | Report Abuse

Brent crude oil this early morning at 69.37, very soon will hit 70

Posted by sooaria > 2019-04-03 08:00 | Report Abuse

Time wait for no one , hurry still got chance to buy velesto while it is at 0.3, buy and accumulate

Posted by sooaria > 2019-04-03 08:03 | Report Abuse

The pause in the shale patch is fueling higher prices. “We expect Brent to move into the $70-80 a barrel range,” said UBS’s Giovanni Staunovo, according to the Wall Street Journal.

Posted by sooaria > 2019-04-03 08:04 | Report Abuse

For 2019, Rystad Energy believes the high free cash flow for E&P companies will continue, hinting that this could be another blockbuster year for these players. Three main factors drive this increased profitability:

**Higher oil prices: The oil market has gradually returned to balance after a period of oversupply
**Lower costs: Since 2014 the cost of developing new projects has fallen on average by 30%
**Lower activity: Global investments within the upstream industry have fallen from around $900 billion to $500 billion.

Posted by sooaria > 2019-04-03 08:05 | Report Abuse

Velesto with EPF coming in big support more on the way - Why ? Looking at the above data, speak volume itself.

Posted by sooaria > 2019-04-03 08:05 | Report Abuse

Fast fast buy Velesto , still cheap at RM0.30

Posted by sooaria > 2019-04-03 08:05 | Report Abuse

Let's huat together

Posted by Flyinghorse > 2019-04-03 08:08 | Report Abuse

Oil at USD70 a barrel. Velesto will go up like a rocket

Posted by SuperPanda > 2019-04-03 08:08 | Report Abuse

today another upside, might see break 33 soon

Posted by offshore > 2019-04-03 08:39 | Report Abuse

**Lower costs: Since 2014 the cost of developing new projects has fallen on average by 30%


This lower cost is contributed by contractors like Velesto due to the low DCR for drlling rigs.

Posted by sooaria > 2019-04-03 09:18 | Report Abuse

Huat , huat, Velesto now RM0.305

Posted by sooaria > 2019-04-03 09:18 | Report Abuse

Thank you Master Calvin Sifu, chun chun

Posted by sooaria > 2019-04-03 09:18 | Report Abuse

VELESTO GOT MORE SHARES THAN THE MIGHTY SAPNRG

Posted by sooaria > 2019-04-03 09:19 | Report Abuse

Still cheap RM0.305, once it crosses the RM0.40 mark, there will be no turning back

Posted by sooaria > 2019-04-03 09:19 | Report Abuse

Fast fast - buy and keep and accumulate

Posted by KAQ4468 > 2019-04-03 09:20 | Report Abuse

no turning back ka ???

one way only ka ??

tarak reverse ka ??

Posted by Woodswater > 2019-04-03 09:28 | Report Abuse

Sooaria , pls stop promote now . Later u got attack cucuk lu . Bware , just enjoy the show !

Wakakakaka

Posted by pussycats > 2019-04-03 09:42 | Report Abuse

AS LONG AS you DO NOT GIVE UP, you HAVE not FAILED.

Posted by Rowie > 2019-04-03 09:44 | Report Abuse

Even though low DCR rates. At USD70k per day, velesto can make better profits cos mobisations & demobilisatons costs will be borne by petronas.
These costs are quite substantial

Posted by Rowie > 2019-04-03 10:07 | Report Abuse

Based on the last Annual Report & the Current Shareholding by EPF, there were huge changes
EPF
AR.................estimate holding 260m (3.17% holding)
Current Disclosure 413m ( 5.02% holding now......thats why have to disclose underwear)
Hence estimate purchases between 16 sen to 30 sen estimate 153m
Smart move at low cost

Posted by dusti > 2019-04-03 10:48 | Report Abuse

sooaria when cross 40sen threshold?

Posted by offshore > 2019-04-03 11:11 | Report Abuse

Mob and demob are always borne by oil companies. This is nothing new. More importantly is where is the mob and demob point. If the rig is in East Malaysia and the contract defines the mob point to be a location somewhere in West Malaysia, the oil company is not going to bear the mob cost from East to West Malaysia. The oil company is only going to bear the cost of the mob point defined in the contract (normally it's a supply base) to the drilling area in West Malaysia.

Posted by Tian Sen Tester > 2019-04-03 12:05 | Report Abuse

If the one who's buying today is epf again hopefully within 10 trading days it'll pick up it's pace.

Posted by Rowie > 2019-04-03 13:25 | Report Abuse

It’s stated in velesto reports that they have been bearing such costs . Only now petronas said they’ll cover it. Anyway the coming few quarterly reports will show the effects . Velesto’s future looks promising maybe not the March quarter but thereafter. At least the share price has bottomed out provided crude oil does not crash.
Good luck everyone

Posted by dmksn > 2019-04-03 15:00 | Report Abuse

All in velestro, buy signal coming

Posted by Woodswater > 2019-04-03 15:02 | Report Abuse

I sell my ass lumsum 2gather sialang velesto liow

Wakakakaka

Posted by Woodswater > 2019-04-03 15:51 | Report Abuse

I sell chew cheong fun only , how to compare with pakcik kun . Not shouting for fun but just shiok sendiri only due to limited bullets ( ak 47 : .38 )

Wakakakaka