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

mf

28,412 posts

Posted by mf > 2020-03-18 01:02 | Report Abuse

Sime Darby chairman tests positive for Covid-19
NATION
Tuesday, 17 Mar 20208:12 PM MYT

Huatexpert

344 posts

Posted by Huatexpert > 2020-03-18 08:23 | Report Abuse

GOP senators ask Saudis to stabilize oil market

https://thehill.com/policy/energy-environment/487990-gop-senators-ask-saudis-to-stabilize-oil-market

Action from US to Saudi soon...Hope can deal with MBS before End March...

Posted by tradercorp > 2020-03-18 09:45 | Report Abuse

Oil price down again.

ochai

350 posts

Posted by ochai > 2020-03-18 11:39 | Report Abuse

waiting below 10c.. nee noo nee noo...

shakira

22 posts

Posted by shakira > 2020-03-18 13:14 | Report Abuse

and down where it goes

Baby Shark

5,914 posts

Posted by Baby Shark > 2020-03-18 14:56 | Report Abuse

Hello.. very dangerous.. can come 3 cent

Posted by tradercorp > 2020-03-18 15:06 | Report Abuse

This is a good co with potential. Backed by institutional investors.

Palmgirl

87 posts

Posted by Palmgirl > 2020-03-18 15:08 | Report Abuse

Oil price up again.

SinGor

4,782 posts

Posted by SinGor > 2020-03-18 19:13 | Report Abuse

https://news.yahoo.com/fujifilm-shares-soar-china-backs-drug-treat-virus-055901939--finance.html

No shit. FujiFilm (subsidiary) has found a Cure for Corona. FujiFilm stock can no longer Buy
bcos too many Orders. Tested in Shenzhen, China using Wuhan patient

GoodTrade

933 posts

Posted by GoodTrade > 2020-03-18 23:53 | Report Abuse

Once in a hundred year global crisis n emergency ... Very painful for everyone ...

Palmgirl

87 posts

Posted by Palmgirl > 2020-03-19 08:46 | Report Abuse

Oil price up again. Good news.

offshore

327 posts

Posted by offshore > 2020-03-19 09:33 | Report Abuse

Waiting for that someone to say "be greedy when everyone is fearful".

Baby Shark

5,914 posts

Posted by Baby Shark > 2020-03-19 09:35 | Report Abuse

Nanti can drop 1..

Will76

591 posts

Posted by Will76 > 2020-03-19 10:02 | Report Abuse

Breaking News from CNBC

Oil dropped 24% to a more than 18-year low on Wednesday as the coronavirus pandemic continues to sap demand for crude, and as rising worries about a global recession lead to fears of longer-term demand destruction.

U.S. West Texas Intermediate crude fell 24.4%, or $6.58, to settle at $20.37 per barrel, its lowest level since Feb. 2002. At the low of the day, the contract hit $20.06. It was WTI’s third worst day on record.

International benchmark Brent crude shed 14.1%, or $4.07, to trade at $24.67, its lowest level since 2003.

GoodTrade

933 posts

Posted by GoodTrade > 2020-03-19 10:54 | Report Abuse

Equities n oil prices extend losses world wide ...

Kopimilo

746 posts

Posted by Kopimilo > 2020-03-19 11:23 | Report Abuse

Almost wartime scenarios.

shakira

22 posts

Posted by shakira > 2020-03-19 14:02 | Report Abuse

Dow futures drop 200 points, pointing to another day of declines on Wall Street

Baby Shark

5,914 posts

Posted by Baby Shark > 2020-03-19 15:38 | Report Abuse

Dis until 2 cent also can drop..

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2020-03-19 16:29 | Report Abuse

Back to reality will this company bankruptcy? Can survive with oil price below 30 for few years? Got cash to sustain? Got investors willing to put more money if right issue? Economic crisis can right issue etc.. Must really think about it before infinity top up and average!!

Kopimilo

746 posts

Posted by Kopimilo > 2020-03-19 17:36 | Report Abuse

Most counters see no end of forever dipping on daily basis. Bursa liquidity shrinking and more shrinking. Overall Bursa don't have turmoil market protection mechanism in place among its regulatory to be enforced with when the threshold points is breached.

Baby Shark

5,914 posts

Posted by Baby Shark > 2020-03-19 20:40 | Report Abuse

Dis ah very very dangerous.. pay salary also cannot tahan

tkl88

8,712 posts

Posted by tkl88 > 2020-03-20 04:08 | Report Abuse

Walaoeh, Hoseiliao lah this time !‬
As at 4.01am
DJI=> 20,210.03 +311.11 (+1.56%)

tkl88

8,712 posts

Posted by tkl88 > 2020-03-20 04:16 | Report Abuse

And as at 4.12am,
Oil price spike up crazily !
Nymex=> 26.18 ‪(+5.35) (+25.68)‬
Brent=> 28.31 ‪(+3.43) (+13.79)

Baby Shark

5,914 posts

Posted by Baby Shark > 2020-03-20 08:41 | Report Abuse

Sell dapat money first la..don't greedy

Kopimilo

746 posts

Posted by Kopimilo > 2020-03-20 09:21 | Report Abuse

Waste of time buying at queue buy, just go buy at queue sell, coz seems no one to dump at rock bottom anymore unless they are critically ill with covid-19 kikiki

JJchan

7,182 posts

Posted by JJchan > 2020-03-20 10:34 | Report Abuse

I am waiting for Trump to Hit Saudi / Russian with Anti-Dumping penalty (then Buy ) I think it is
coming in next few Days ( I don't think Trump will get $3 bil from Congress to Top Strategic Oil
Reserve ) Democrat said Oil is polluting Industries

shakira

22 posts

Posted by shakira > 2020-03-20 13:08 | Report Abuse

yeah

tkl88

8,712 posts

Posted by tkl88 > 2020-03-20 15:17 | Report Abuse

Wow, US stock market keep on bull run !
As at 3.15pm,
DJI future at => 20,239.0 (+364.0) (+1.83%) !

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2020-03-20 15:24 | Report Abuse

Any upadate? All oil gas counters crazy up more than 10%!! Good news from vaccine or oil cut production?

tkl88

8,712 posts

Posted by tkl88 > 2020-03-20 15:43 | Report Abuse

Oh My goodness, oil price keep on spike up !
As at 3.42pm,
Nymex=> 27.50 ‪(+1.59) (+6.14%)‬
Brent => 29.88 ‪(+1.41) (+4.95%)‬

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2020-03-20 16:27 | Report Abuse

Sometimes really confuse now is the time for buy or sell...

Twowah123

654 posts

Posted by Twowah123 > 2020-03-20 16:33 | Report Abuse

Oil is not stable yet. Anyway if drop further n hit new low, definitely will buy n accumulate. Gg

tkl88

8,712 posts

Posted by tkl88 > 2020-03-20 16:33 | Report Abuse

walaoeh, US stock market damn hot man !
As at 4.20pm,
DJI future at => 20,685.5 ‪ (+810.5) (+4.08%) !‬

tkl88

8,712 posts

Posted by tkl88 > 2020-03-20 16:34 | Report Abuse

Amazing, oil price was so bullish right now !
As at 4.28pm,
Nymex=> 27.99 ‪(+2.08) (+8.03%)‬ !
Brent => 30.67 ‪(+2.20) (+7.73%)‬ !

tkl88

8,712 posts

Posted by tkl88 > 2020-03-20 16:59 | Report Abuse

Quarantine is going to over and China almost zero new case reported...
After oil price plunged to record lowest below USD $20 plus and KLSE hitting the record lowest of 1,200 plus points, now it’s the beginning of the bull run market in Asian stock markets especially KLSE !

Huat ah ! Heng ah ! Ong ah !

SK92

161 posts

Posted by SK92 > 2020-03-20 17:20 | Report Abuse

velesto or sapura? help anyone

Lewis Lee

1,658 posts

Posted by Lewis Lee > 2020-03-20 18:23 | Report Abuse

fundamental wise, velesto is stronger with controllable debts !
most value investors pick velesto !

freddiehero

16,715 posts

Posted by freddiehero > 2020-03-20 19:04 | Report Abuse

weldone start moving liao

GoodTrade

933 posts

Posted by GoodTrade > 2020-03-20 20:36 | Report Abuse

Rebound 2 cents ... Not bad ...

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2020-03-20 21:38 | Report Abuse

Guys oil price crashing 2%++ again, Monday should be gg lo.. Might bk to 0.095 again..

Kopimilo

746 posts

Posted by Kopimilo > 2020-03-20 23:10 | Report Abuse

President Putin rejects potential USA 'Intervention' in Russia vs Saudi oil war. It is worldwide known that Russia economy was long ago damaged by multiple USA sanction since the past decade at least, so ignoring the USA intervention whether from Trump or Senate's proposal, is no longer big deal. Putin calculated firm standing may inadvertently push both USA Saudi to agree on production cut new initiative to stabilise the oil price.

Posted by DreamKentut > 2020-03-20 23:11 | Report Abuse

Putin will hisap puting soon.

aireez

398 posts

Posted by aireez > 2020-03-20 23:30 | Report Abuse

if continue drop .... maybe can hit 0..085 !!!!

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2020-03-21 06:42 | Report Abuse

yaya Monday open should jump down to 0.085 since oil price crash 8% and dji crash another -900, yesterday really a big trapped!!

aris743

726 posts

Posted by aris743 > 2020-03-21 10:11 | Report Abuse

yes buy warant 0.015c nest week

aireez

398 posts

Posted by aireez > 2020-03-21 12:07 | Report Abuse

better q warant at 0.005 ....

aireez

398 posts

Posted by aireez > 2020-03-21 12:17 | Report Abuse

Crude Oil WTI 1st Front Month (NYMEX)
[ Futures Prices ] [ Options ] [ Detailed Quote ] [ Technicals ]
Date Open High Low Last Change Percent
03/20/20 24.73 27.89 19.46 22.43s -2.79 -11.06%

Baby Shark

5,914 posts

Posted by Baby Shark > 2020-03-21 16:12 | Report Abuse

Haha.. dis time sure jatuh teruk..

Kopimilo

746 posts

Posted by Kopimilo > 2020-03-21 19:16 | Report Abuse

Details analysis on how Putin and Russia will win in oil price war.
https://oilprice.com/Energy/Oil-Prices/The-Inevitable-Outcome-Of-The-Oil-Price-War.html

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