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.

24,132 comment(s). Last comment by leeabraham 1 day ago

Mabel

23,564 posts

Posted by Mabel > 2019-10-14 16:24 | Report Abuse

Armada and KNM already break the 0.40 barrier..

Velesto bila?

JJchan

7,182 posts

Posted by JJchan > 2019-10-14 17:34 | Report Abuse

today BB really started to push----40mil

Posted by HuatlaiOnglai > 2019-10-14 18:02 | Report Abuse

TRADING IDEA: CORRECTION PERCEIVED AS COMPLETED, VELESTO READY TO EMBARK NEW UPWARD WAVE - ACCUMULATE!
Velesto Energy Berhad provides services to the oil and gas industry. The Company offers drilling operations, pipe manufacturing, and oilfield services.
Technical view on VELESTO:
1. Current price action suggested that VELESTO has completed its correction phase when it hit the lowest point at RM0.165 and recovered to trade above its weekly EMA200w. Volumes appeared to be steady with price encouragingly testing the immediate resistance around RM0.34. A break above RM0.34 likely to spark fresh buying interests with a new upward wave which targeted the price to surge to RM0.45;
2. The weekly MACD is already drifting in the bullish territory while the RSI and Stochastic are gaining in upward momentum indicating bullish near term outlook;
3. Medium term target price is anticipated to be around RM0.45 while support seems firm between RM0.25-0.29 level - Accumulate!
Stocks are selected based on technical analysis. Investors are advised to study the underlying fundamentals of each stock to assess and match risks appetite. Stocks listed below are categorized as potentially high risks and may increase in volatility in the near term.

IronShirt

3,178 posts

Posted by IronShirt > 2019-10-14 18:15 | Report Abuse

wa...0.450,,,,pls 50cents or 55cents

CHLEONG888

923 posts

Posted by CHLEONG888 > 2019-10-14 20:24 | Report Abuse

Slow, but steady, still cheap, ample room to surge up higher, especially after next quarter result

IronShirt

3,178 posts

Posted by IronShirt > 2019-10-15 11:30 | Report Abuse

if BB is still here, after 2:30pm they will attack again like yesterday

Mabel

23,564 posts

Posted by Mabel > 2019-10-15 20:34 | Report Abuse

Looking forward for Velesto to cross 0.40 too. Its high time..

Sales

3,242 posts

Posted by Sales > 2019-10-15 21:03 | Report Abuse

Mabel, I like your comment. Ong ah!!!

Plantermen

2,183 posts

Posted by Plantermen > 2019-10-16 08:58 | Report Abuse

Knm already hitting new high [ velesto] still struggling

8u29song

2,772 posts

Posted by 8u29song > 2019-10-16 09:44 | Report Abuse

today 035...

Posted by Tian Sen Tester > 2019-10-16 10:11 | Report Abuse

Sure the genius amanraya selling again

IronShirt

3,178 posts

Posted by IronShirt > 2019-10-16 12:54 | Report Abuse

amanahraya sell to yayasan and Then yayasan sell back to amanah....just muscle stretching for
Velesto Marathon Run to 1.0

KEYBOARD

267 posts

Posted by KEYBOARD > 2019-10-16 13:19 | Report Abuse

IM WAITING 60

CHLEONG888

923 posts

Posted by CHLEONG888 > 2019-10-16 13:56 | Report Abuse

Still cheap ton enter at 0.34

IronShirt

3,178 posts

Posted by IronShirt > 2019-10-16 14:29 | Report Abuse

Epf is buying alot when it is running Up. Meaning: Epf is pushing up hard...already holds 6.95%

Money122

982 posts

Posted by Money122 > 2019-10-16 15:16 | Report Abuse

Price higher than usual ..i thnk better buy now before it move up!!!

KEYBOARD

267 posts

Posted by KEYBOARD > 2019-10-16 15:38 | Report Abuse

yes 34 cheap...but point is...need brk

KEYBOARD

267 posts

Posted by KEYBOARD > 2019-10-16 15:40 | Report Abuse

yes ironshirt...this counter can

CentAce

7 posts

Posted by CentAce > 2019-10-16 18:58 | Report Abuse

Who do you guys think will be the greatest beneficiary of RM21.6b NFCP?

Posted by OilGas88 > 2019-10-16 19:39 | Report Abuse

Refer to Asia-Pacific Offshore Report. Issue 151. Mid September 2019. It shows the demand for
Self elevating Rig are picking up in this region namely Malaysia Thailand and Indonesia. Velesto
NAGA series rigs are in operational condition. Other competitor are not ready or in the reinstating condition to be back in service..it will takes a few months to reactivate provided rig owner had a firm contract.

CHLEONG888

923 posts

Posted by CHLEONG888 > 2019-10-17 06:54 | Report Abuse

Strong resistance to move up, but also strong support at the same time, believe it is time to accumulate

VFTRADER

787 posts

Posted by VFTRADER > 2019-10-17 08:18 | Report Abuse

Who took up 100mil (almost RM32mil) share disposed by ASB??

Posted by Lucklystar > 2019-10-17 11:10 | Report Abuse

Seems difficult to cross RM0.34

yoyo

487 posts

Posted by yoyo > 2019-10-17 12:12 | Report Abuse

man man lai, biar lambat asalkan selamat

KEYBOARD

267 posts

Posted by KEYBOARD > 2019-10-17 12:23 | Report Abuse

TOO LESS player q 34...need cuci clean clean

JJchan

7,182 posts

Posted by JJchan > 2019-10-17 16:15 | Report Abuse

unless today closed at 0.340.........0.350 is difficult to reach tomolo

CHLEONG888

923 posts

Posted by CHLEONG888 > 2019-10-17 17:51 | Report Abuse

May try warrant, damn cheap

CHLEONG888

923 posts

Posted by CHLEONG888 > 2019-10-17 19:20 | Report Abuse

Noted, EPF keeps on acquiring the shares , superp indication, accumulate

JJchan

7,182 posts

Posted by JJchan > 2019-10-17 21:26 | Report Abuse

If you look at how Epf is pushing Armada and Velesto, the trend seems Epf wants Velesto to
match Armada

Plantermen

2,183 posts

Posted by Plantermen > 2019-10-18 09:01 | Report Abuse

Epf and Asb are holding a lot of velesto shares

KEYBOARD

267 posts

Posted by KEYBOARD > 2019-10-18 14:33 | Report Abuse

READY LO....LOOK GOOD

prince4

1,459 posts

Posted by prince4 > 2019-10-18 15:37 | Report Abuse

Mahathir让大马能发展有自己的科技公司搞多媒体走廊(MSC)1996年。 很多是科技公司以前都是开发信息技术和其他都是开发未来的技术。 1999年就成立Mesdaq Market 本来都是给这些科技公司有一个平台筹资发展下去。
Abdullah那时候国家发展计划路线目标主要是种植棕油和油气下游业双油贡献国家发展。
Najib那时候国家发展计划路线是做大型建筑建设拉动和房地产来贡献国家GDP。
2009 把 Mesdaq 改成科技版(Ace market.)
Najib 知道美国有大量页岩油,油价不会像以前那样高了USD 100一桶油。国家不能在依赖油贡献GDP也不能再依赖双油,油气业面临冲击要转型用数码经济推动国家发展。Najib推出国家数字经济转型大蓝图2016-2025,2017年开跑数码经济。 数码经济是能让企业降低成本,推动企业效力和推进国家进步增长一种方式。 成立 DFTZ 在推进电子商务和想要把马来西亚变成东门的logistic hub 。
2018年 换政府了又到我Mahathir 做首相,Abdullah 和 Najib 你们这两位马来大神做首相难道不懂国家要强要做先进国,发展科技是很重要的吗?
Abdullah 没推动科技业“不知不觉” ,Najib 后期才要搞数字“后知后觉”才要马来西亚转型。 我Mahathir 18年前就知道了“先知先觉”。
2019 Mahathir 他老人家又要搞回他未完成的心愿继续搞回他的大马硅谷,支持5G也用5G,创立绿色能源国产车和工业4.0。 你们Abdullah和 Najib“一位没有搞科技...一位后来才要搞数字 ,我Mahathir 两个都跟你搞完“ 科技+数字”。
Mahathir 比中国早知道搞科技,结果那两位不听话没延续我的计划,搞到现在要学中国那样搞数字经济推动国家发展。Mahathir也知道, 新一个浪潮革命发动,发达国家走工业4.0 来推动未来的经济。物联网时代将领大马也不能不跟着世界的脚步走。
Mahathir 我不是财政部长了 ,我的两位新大神徒弟guan eng华人神和gobind singh印度神在按照我的路走...国家发展计划是工业4.0 ,数字化,216亿做大型基础通讯。

Mabel

23,564 posts

Posted by Mabel > 2019-10-19 00:51 | Report Abuse

Empress,

Are we there yet?

CHLEONG888

923 posts

Posted by CHLEONG888 > 2019-10-19 09:22 | Report Abuse

Hope huge acquiring by epf and asb will push up the price, before expecting good coming quarter result, very strong support at 0.33, think will break 0.36 if market sentiment is good and 0.43 is achievable with good quarter result, stay tune and accumulate

SinGor

4,782 posts

Posted by SinGor > 2019-10-22 07:39 | Report Abuse

break 0.34 today. vel, vel strong up to 0.35

Rowie

471 posts

Posted by Rowie > 2019-10-22 08:57 | Report Abuse

It’s time

SinGor

4,782 posts

Posted by SinGor > 2019-10-22 14:59 | Report Abuse

started attacking 0.335.....

Money122

982 posts

Posted by Money122 > 2019-10-23 01:26 | Report Abuse

Going up soon.. accumulate before it fly..

DatoLim24

75 posts

Posted by DatoLim24 > 2019-10-23 01:54 |

Post removed.Why?

KEYBOARD

267 posts

Posted by KEYBOARD > 2019-10-23 10:36 | Report Abuse

ready lo

Posted by pepsicola1012 > 2019-10-23 11:11 | Report Abuse

LAI LIAO

yoyo

487 posts

Posted by yoyo > 2019-10-23 11:23 | Report Abuse

i can feel it, big bro has return 我感觉到......大师兄番来啦!

KEYBOARD

267 posts

Posted by KEYBOARD > 2019-10-23 11:26 | Report Abuse

long term 90 ...were we gonna be

Posted by miaomiao79 > 2019-10-23 11:28 | Report Abuse

come come ... today TP 0.40?

Posted by Akukakijudi > 2019-10-23 11:56 | Report Abuse

On viagra today

kingb

519 posts

Posted by kingb > 2019-10-23 12:07 | Report Abuse

Too panic to buy in at 0.355 :D

Posted by miaomiao79 > 2019-10-23 12:12 | Report Abuse

strong buy in still in progress ...

mmmc15

40 posts

Posted by mmmc15 > 2019-10-23 12:14 | Report Abuse

Finally breakout!

Posted by fraddiebesto > 2019-10-23 12:42 | Report Abuse

accumulating...cheers

Posted by fraddiebesto > 2019-10-23 12:50 | Report Abuse

slowly and stable..

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