Posted by Moneymaker > 2019-11-14 09:41 | Report Abuse

fly fly fly

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

Careful now, folks!

Posted by KEYBOARD > 2019-11-14 11:45 | Report Abuse

WOOO.CHART LOOK GOOD

Posted by lee_m2020 > 2019-11-14 11:59 | Report Abuse

4 today, I lost hope for this counter.. TA price target since September is just 0.38-0.39 ..hehehe... See u next year.

Posted by maggiemee > 2019-11-14 15:25 | Report Abuse

no hope already pending so long.

Posted by paktua73 > 2019-11-14 16:35 | Report Abuse

done eat big some at 0.38..
paktua love election fever..
always bring red wave


tut tut
stand fight more

Posted by Mabel > 2019-11-14 16:45 | Report Abuse

Congratulation paktua!

Likewise, I also managed to collect another batch of Velesto Empress shares today.

Thanks for selling..

Cheers!

Posted by DoomStock > 2019-11-14 16:45 | Report Abuse

Hmmmmmm..careful now folks as critical support level at 0.350 can easily be broken if there is an impairment loss for this upcoming 3QR.

Posted by Mabel > 2019-11-14 17:01 | Report Abuse

Thank you DS !

It could also break 0.50 too

There's always two sides on a coins...

Cheers

Posted by lee_m2020 > 2019-11-14 17:49 | Report Abuse

this is not long enough, OCK was even longer..

Posted by Rowie > 2019-11-14 20:28 | Report Abuse

Stupidity has its limits also with baseless comments like impairment. That’s over when times were bad.
Those who worry just sell & get lost. No need to make stupid comments like experts. No need to comment like helping people. Just help yourself. In order for u to make someone else got to lose.
My earlier post on share price has come true.
But things have changed for the better since then
Velesto board says that one more rig is in final stages for getting contract. So another RM500m contract is coming soon.
Don’t listen from stupid people. Do your own reseach

Posted by Chong96 > 2019-11-14 20:51 | Report Abuse

Brent oil touch $63.. Velesto will fly high soon

Posted by CHLEONG888 > 2019-11-14 21:57 | Report Abuse

Doomstock, what is his stupid motive, scare people sell cheap for him to collect??????

Posted by DoomStock > 2019-11-15 01:57 | Report Abuse

Risk comes from not knowing what you're doing..careful now, folks!

Posted by Rowie > 2019-11-15 08:56 | Report Abuse

Rewards come to those who know the potential

Posted by Westeros > 2019-11-15 09:31 | Report Abuse

Added some yesterday and going to add more today....potential is there for those who know.

Posted by Young Padawan > 2019-11-15 09:56 | Report Abuse

Any view on upcoming QR?

Posted by Plantermen > 2019-11-15 10:04 | Report Abuse

This Qtr may be flat { new charter rate only reflects next year}

Posted by Newbie318 > 2019-11-15 10:12 | Report Abuse

Looks like today is good for mostly O&G counter.
Velesto is uptrending stock and hopefully coming qtr result is positive to support it.
Hope we can Huat Arr!!!

Posted by MingGoon > 2019-11-15 10:24 | Report Abuse

Velesto Upcoming Qtr report - the net profit increased

With the price up of Armada, Velesto also up... very soon velesto will cross the 0.4 marking...into the next 0.5...

Posted by lee_m2020 > 2019-11-15 10:34 | Report Abuse

difficult. look at the news.. pnb put up millions. and play intrada too. price will be difficult to move up. coz when u buy, price go up

Posted by lee_m2020 > 2019-11-15 10:35 | Report Abuse

when u buy high expecting it to break the resistance, price doesnt move because pnb sell taking profit...

Posted by lee_m2020 > 2019-11-15 10:36 | Report Abuse

in deed we are at the mercy of this giant... haha...

Posted by MingGoon > 2019-11-15 10:37 | Report Abuse

Velesto Energy Bhd is aiming for a turnaround by the end of this year based on its projection of better utilisation rate from the recovery in the oil and gas industry, said president and executive director Rohaizad Darus.

Velesto narrowed its losses from RM1.18 billion for the year ended 31 December 2016 to RM20.44 million for the year ended 31 December 2018.

Rohaizad said the utilisation rates for Velesto’s jack-up rigs had improved over the years from a challenging 21 per cent in 2016 up to 73 per cent last year.

“This is a clear sign that the oil and gas industry is recovering from a slowdown in the past two years. If there is no external major shock that could lead to major change in oil price, we will be able to hit more than 80 per cent target of our jack-up rigs’ utilisation rate.

Petronas has announced a capex allocation of more than RM50 billion for 2019, compared to RM47 billion in 2018 and according to Petronas Activity Outlook report for 2019-2021, between 16 to 19 jack-up rigs were required each year during the period.

Posted by MingGoon > 2019-11-15 10:39 | Report Abuse

February 2019, Velesto managed to bag a RM155 million contract extension from Hess Exploration and Production Malaysia BV for a high pressure, high temperature jack-up drilling rig, the NAGA 8, for work in offshore Peninsular Malaysia.

In April, Velesto’s unit, Velesto Drilling Sdn Bhd, secured four contracts for its jack-up rigs NAGA 2, NAGA 3, NAGA 5 and NAGA 6, with a combined value of RM432 million for a firm one-year charter.

The contracts came with two one-year extensions each.

The contracts for the NAGA 2, NAGA 3 and NAGA 5 jack-up rigs, with an estimated contract value of RM105 million, RM105 million and RM108 million respectively for the first one year period, will commence in May/June 2019.

The NAGA 6 jack-up rig services contract worth RM114 million commenced in August 2019.

Posted by MingGoon > 2019-11-15 10:56 | Report Abuse

Velesto this coming Qtr target to be turning great, and black,
With that Velesto price will sure goes up high, as velesto has lots of contracts, and the contracts cames with two one year extensions each... these easily goes up till 2022

Posted by lee_m2020 > 2019-11-15 11:03 | Report Abuse

no doubt breaking the resistance will happen but only likely after qr

Posted by lee_m2020 > 2019-11-15 11:36 | Report Abuse

higher buying rate today... hmmm.

Posted by lee_m2020 > 2019-11-15 11:36 | Report Abuse

Friday is a buying and frying day !!!

Posted by lee_m2020 > 2019-11-15 11:38 | Report Abuse

coming 80% buying rate!!!

Posted by lee_m2020 > 2019-11-15 11:38 | Report Abuse

70%

Posted by DoomStock > 2019-11-15 12:01 | Report Abuse

ASB now actively selling in the open market......5.7mil on 11/11/19 & 9.5 mil on 12/11/10 while EPF trading actively (pump & dump) protecting and preserving the profits already made.

What about you, folks? Careful now.

Posted by lee_m2020 > 2019-11-15 12:18 | Report Abuse

they are desperate to making money for the divident, otherwise, lots of selling on PNB certificates

Posted by lee_m2020 > 2019-11-15 12:18 | Report Abuse

PNB got RM300bil worth or more

Posted by lee_m2020 > 2019-11-15 12:24 | Report Abuse

yeah... seems good position, breaking .39

Posted by Sales > 2019-11-15 12:48 | Report Abuse

Wow! Armada is doing great. Hope Velesto be better.

Posted by Sales > 2019-11-15 12:50 | Report Abuse

Long term, Velesto is better than Armada. Just my two cents.

Posted by lee_m2020 > 2019-11-15 15:56 | Report Abuse

sell off.... cannot break .4

Posted by runroadtokl > 2019-11-15 16:18 | Report Abuse

got road block at above

Posted by i3lurker > 2019-11-15 18:45 | Report Abuse

main shareholders selling
shafting retailers again

Posted by DoomStock > 2019-11-15 20:22 | Report Abuse

Asb disposed 1.4 mil on 13/11/19 while Epf 9.12mil on 12/11/19...pump & dump strategy locking in profits.

Careful now, folks!

Posted by Mabel > 2019-11-15 21:20 | Report Abuse

It's an opportunity to collect more...hopefully we can get cheaper than what we acquired yesterday..

Price Fluctuation is OK if you want to play long term..It's an opportunity..

I'm plan to keep Velesto. As Ming said, we are expecting good QR coming soon..

Posted by Westeros > 2019-11-16 10:22 | Report Abuse

Yup planning to buy more if price drops

Posted by Patrick Lim > 2019-11-16 14:51 |

Post removed.Why?

Posted by calvintaneng > 2019-11-16 21:21 |

Post removed.Why?

Posted by paktua73 > 2019-11-18 08:26 | Report Abuse

paktua speak loudly..
to his red stock legions..

my dear troopers..

even all getting educate well and wisely .. ..
even get all knowledge,all information FA/TA analysis ..
as long never take act to buy..is useless..

let hear the revelation call..
to all troops..

comeon we prove on a million light..
we beat all dark force on many battle..
even we was beat till down
we always stand up back..

today is the day..
we fight when many run away
and we prove it..
we come..we set..we hunt..
A thrive is our goal..
we dare yelling all day..
dare to fight or die try..

we will conquer our fears..
let red cloud on the horizon..
let great thunder and burning rain
let his chariot pounding.,

we sworn..
we will never retreat or surrender..
will heard big fund was screaming,,
they will watched as red stock troopers shouted
the reds army will fight till last blood today..

we're red stock legions..
led red army floading all bloody battle's

see this red army and sing our song..

https://youtu.be/ZZhIKmWtf78

now...
let red stock troopers held up the hammer high..



tut tut
always dare to buy more..

Posted by junetan11 > 2019-11-18 10:16 | Report Abuse

pak tua, buy on what price?

Posted by Sales > 2019-11-18 10:35 | Report Abuse

Calvin buy call at 0.28sen, managed to buy at 0.32sen. Anyway, now is more than 25%. Thank you Calvin's buy call. We all huat together. Huat ah!!!!!!@

Posted by lee_m2020 > 2019-11-18 11:10 | Report Abuse

heh... will down again... big shark doing goreng2 only...

Posted by Westeros > 2019-11-18 11:50 | Report Abuse

Yup it seems so big shark buy and sell to make quick profit EPF and ASB trying to increase profit as need to declare dividend in 2020..