Posted by Surewind > 2019-09-03 09:21 | Report Abuse

4 million share pump, 0.32 already. Looks good!

Posted by bullstudent > 2019-09-03 09:30 | Report Abuse

50 cents lets go

Posted by anonymous19 > 2019-09-03 10:34 | Report Abuse

Bad prediction. Profit 11.9m.

Posted by SuperPanda > Aug 14, 2019 5:55 PM | Report Abuse
qr will not be so good in term of profit (maybe 5m or less) but for sure will be better on qoq and yoy

Posted by SuperPanda > 2019-09-03 10:43 | Report Abuse

yes get that not right in term of figure but still correct in profit, get it right better qoq and yoy and 11.9m @ eps 0.15 is not so good either

most important my ave is .30 and im sitting on paper profit now

Posted by soohan > 2019-09-03 15:46 | Report Abuse

Can't fly

Posted by SuperPanda > 2019-09-03 22:52 | Report Abuse

oil drop more, downside possible... unfortunate to og stock with better result... however its an opportunity to those have cash can buy lower

Posted by offshore > 2019-09-04 09:00 | Report Abuse

This is like the bottom but slow slow wait ler. That warrant exercise price is a big resistance.

Posted by James Ng > 2019-09-04 09:24 | Report Abuse

https://klse.i3investor.com/blogs/general/223148.jsp
[转贴] [VELESTO ENERGY BERHAD：这集团拥有的七个自升式钻井平台中有六个正在运作，而其中一个因为最近获得的长期合同而正准备动员，预计将于2019年9月初开始] - James的股票投资James Share Investing

Posted by Surewind > 2019-09-04 19:47 | Report Abuse

Wow, thanks for highlighting.
Another 32 million into the next next financial result.

Date : 04 September 2019

OTHERS CONTRACT FOR THE PROVISION OF DRILLING RIG SERVICES FOR PETRONAS CARIGALI SDN. BHD. DRILLING PROGRAMME

Type Announcement
Subject OTHERS
Description CONTRACT FOR THE PROVISION OF DRILLING RIG SERVICES FOR PETRONAS CARIGALI SDN. BHD. DRILLING PROGRAMME


2. DETAILS

The Contract is for the provision of Drilling Rig Services for PCSB’s drilling programme, whereby VEB Group will assign its NAGA 7.

The Contract is to drill two (2) firm wells with estimated contract value of USD8 million and expected commencement date in Quarter 3 2019.

4. FINANCIAL EFFECTS

The provision of the abovementioned services is expected to contribute positively towards the earnings and net assets of VEB Group during the contract period for the financial period ending 31 December 2019.

Posted by Woodswater > 2019-09-04 22:20 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6275317

Posted by SuperPanda > 2019-09-04 22:23 | Report Abuse

continue holding, slowly will up towards 33c

Posted by 1151204499 > 2019-09-05 09:56 | Report Abuse

What the good news for today??

Posted by Mytrd > 2019-09-05 09:58 | Report Abuse

Long time no goreng here

Posted by Mytrd > 2019-09-05 10:13 | Report Abuse

Come on velesto, QR green, tender award in hand, oil price up. time to show up

Posted by 1151204499 > 2019-09-05 11:21 | Report Abuse

Ya, go high...

Posted by RMSB > 2019-09-05 12:04 | Report Abuse

52w high soon

Posted by Mytrd > 2019-09-06 09:58 | Report Abuse

Hmmm any reason y nobody interested here ? Coz of big institutions holding a lots and price control by them ?

Posted by RMSB > 2019-09-06 15:31 | Report Abuse

Volcano is ready to ......?

Posted by Rowie > 2019-09-07 14:47 | Report Abuse

Next week sure move up few cents.
Oil stocks to run

Posted by Sales > 2019-09-10 21:00 | Report Abuse

Armada can go up so fast. What happen to this Velesto?

Posted by calvintaneng > 2019-09-11 15:28 |

Post removed.Why?

Posted by sheep > 2019-09-11 16:20 | Report Abuse

Ini Kali Naik lah... wakaka

Posted by syee01 > 2019-09-12 09:22 | Report Abuse

you tunngu

Posted by offshore > 2019-09-12 14:18 | Report Abuse

Day rate now improved slightly to USD80k but still lower than what was awarded to Perisai.

Posted by CHLEONG888 > 2019-09-14 07:14 | Report Abuse

Lousy counter, when it will move like armada

Posted by investortrader88 > 2019-09-15 07:28 | Report Abuse

#CHLEONG888.goreng kaki all at armada.need to be very patient on this velesto. hold tight tight ya bro

Posted by Trump > 2019-09-15 14:22 | Report Abuse

Read this. High chance Alam Maritim will shoot through the roof next week.
https://klse.i3investor.com/blogs/kingcatkingcat/224966.jsp

Posted by Sales > 2019-09-15 16:37 | Report Abuse

All the oil stock have gone up, accept this. What happen???

Posted by HuatlaiOnglai > 2019-09-16 07:50 | Report Abuse

Check your facts Sales..... All oil stock gone up!!!

Posted by investortrader88 > 2019-09-16 08:28 | Report Abuse

https://www.thestar.com.my/business/business-news/2019/09/15/saudi-attacks-raise-spectre-of-oil-at-us100-a-barrel

Posted by investortrader88 > 2019-09-16 08:29 | Report Abuse

7.22am.brent RM 68.08 .+13.05%

Posted by freddiehero > 2019-09-16 09:19 | Report Abuse

lets all huat huat...

Posted by CHLEONG888 > 2019-09-16 09:30 | Report Abuse

Hopefully, velesto will start moving tomorrow

Posted by Trump > 2019-09-16 13:37 | Report Abuse

Now Alam Maritim in 10 hottest trending stocks. Something big is coming.
https://klse.i3investor.com/blogs/buburchacha123/224995.jsp

Posted by Rowie > 2019-09-16 20:44 | Report Abuse

Velesto sure move cos more well drillings to come fast
35-45 cents by end Feb 2020, next 2 qtrs profits will be between 20 to 40 m per qtr
Those can't wait pls sell tomorrow & go invest in FD.
No need to cry everyday why cannot move,
Time period is until end Feb 2020 . If cannot go there means world or oil markets have crashed.

Posted by greenpack > 2019-09-16 23:31 | Report Abuse

https://m.investing.com/news/commodities-news/oil-prices-rise-again-as-us-retaliation-against-iran-looms-1978810

Posted by SuperPanda > 2019-09-17 13:01 | Report Abuse

.33 this week

Posted by SuperPanda > 2019-09-17 13:03 | Report Abuse

but has to admit, velesto been vele vele slow ... but nevermind as long make money then fine

Posted by 7300 > 2019-09-17 13:31 | Report Abuse

fasten seat belt,anything with OnG,coming sure abalones or lobster swiss roll of $$$

Posted by GooShen > 2019-09-17 22:44 | Report Abuse

Those who chase high today, tmr you need to cut loss. Oil price drop as bad as 7% now.

Posted by CHLEONG888 > 2019-09-18 07:02 | Report Abuse

No worry

Posted by bullstudent > 2019-09-18 11:49 | Report Abuse

Market all very slow.

Posted by yoyo > 2019-09-18 17:09 | Report Abuse

Haha! really vele vele slow, already 2 years plus stagnant like this. Almost lose my patience.

Posted by offshore > 2019-09-18 17:58 | Report Abuse

ESOS coming soon. Will the price be pushed down so that the ESOS will get a lower exercise price fixed?

Posted by KEYBOARD > 2019-09-19 16:21 | Report Abuse

90 CENTS

Posted by CHLEONG888 > 2019-09-20 07:04 | Report Abuse

Buy and hold is the best strategy, believe will start moving up by next week

Posted by Nepo > 2019-09-20 21:37 | Report Abuse

Yes, Velesto forward looking is very good now.

Posted by SinGor > 2019-09-21 10:55 | Report Abuse

don't know why Vol. is so big on Friday. Maybe Epf Buys Amanah 27mil shares disposed on 19 Sep. ESOS scheme has No effect ( not approved by Bursa yet )on Trading Vol bcos employees usually buy very small Vol. maybe 10K or less .....one time

Posted by Rowie > 2019-09-21 17:35 | Report Abuse

If u have this share u must be on top of the news flow. A few days ago there was off market transaction of 27m n later Amanah made the Bursa Announcement. This means Amanah did not sell it at open mkt. Hence open mkt volume on 27m not affected. This huge volume is done by big players excluding the top shareholders (5% or more) who have to disclose their trades.

Read Petronas news today on rig utilisation & demand. Velesto eventually have to move cos future quarterly results will be better based on their rig utilisations, higher charter rates, Petronas absorption of mobilisation & demobilisation costs, other equipment demand, wellhead decommissioning jobs etc.

That's why my target price is between 35-45 Sen by end Feb 2020 as next two quarterly results will be known provided oil and/or US markets don't crash.

Please keep abreast of latest news

Posted by sheep > 2019-09-22 01:32 | Report Abuse

Won't go up .. PNB keep on offloading..need to lessen their loads..