Posted by JJchan > 2020-04-01 14:33 | Report Abuse

you "Cannot" lock-down for more than a month. There is a trade-off between starving( no money
to Bills) and get infected with Corona ( max. death-rate is 11% Italy (65% over 70yrs)
You will see a very, very Good example in Africa soon + Pakistan + India----Even Ebola at 30%
kill-Rate didn't decimate Africa population

Posted by JJchan > 2020-04-01 14:42 | Report Abuse

https://finance.yahoo.com/news/trump-says-russia-saudi-arabia-231347927.html

Saudi / Russian Plus Trump meet

Posted by Twowah123 > 2020-04-01 14:47 | Report Abuse

Yes.. to short term trader.. sell gaes n give way for me to buy.hehe.. will eyeing again tomorow.

Posted by rizal_de > 2020-04-01 14:48 | Report Abuse

is it a trap?

Posted by Twowah123 > 2020-04-01 14:48 | Report Abuse

Hopefully get 20-30% discount sounds goo too..

Posted by kisahbenarbro > 2020-04-01 15:00 | Report Abuse

Has become profitable over the past 5 years, growing earnings per year. debt to equity ratio has reduced from 71% to 46% over the past 5 years but still continue on the high side. Trading under fair value

Posted by Sonnykwaeh > 2020-04-01 15:10 | Report Abuse

go in VS ( 6963 ) today will closed above 80cts tmr will continue up try 90cts Tmr

Posted by Mabel > 2020-04-01 15:14 | Report Abuse

@JJchan Velesto is Not selling Oil. Just sub-contract Petronas Job. Oil Up or Down doesn't affect Velesto profit margin in 2020. Only in 2021 if Oil continue at $30, Petronas might has less Job for Velesto.

However I don't think CoronaVirus problem will Not last that long, bcos the biggest Pharma Co, in USA Johnson & Johnson is testing a Vaccine in September ( when J&J say they got a vaccine, they got a creditable Vaccine---not like others(just shout to get attention )
01/04/2020 1:01 PM

Meow JJchan!

I collected another large batch today..

Meow...

Posted by meiling1990 > 2020-04-01 15:15 |

Post removed.Why?

Posted by Twowah123 > 2020-04-01 16:21 | Report Abuse

Me eyeing tmrw entry hope got cheap sale ..

Posted by tkl88 > 2020-04-01 16:23 | Report Abuse

As at 4.21pm,
Dow Jones future at=> 21,114.0 (-637.0) (-2.93%)

Posted by tkl88 > 2020-04-01 16:31 | Report Abuse

As at 4.29pm,
Nymex=> $20.09 (-0.39) (-1.90%)
Brent => $24.91 (-1.44) (-5.46%)

Posted by Twowah123 > 2020-04-01 16:41 | Report Abuse

Good tkl88 tmrw gonna be a red sea n the right time to go in..hehe.....

Posted by johnbrooks > 2020-04-01 17:45 | Report Abuse

If u guys want to look at the brent crude price. Better looked at the dated brent which is the price of the physical cargoes now. Last i check it was only $17 per barrel. Should be lower today.. the ice brent that u see in bloomberg are futures contract. Today bloomberg starts showing the futures brent for june delivery. Yesterday it was brent for may delivery. Hence why u see the sudden price increase today from $22 at yesterday closing to $25 at today opening. Oil did not go up. Just that the 2 contracts are price differently with longer tenure future having premium over shorter ones (contango market).

Most o&g project uses dated brent as reference (at least petronas does).

Posted by chow > 2020-04-01 18:57 | Report Abuse

20usd oil malaysia company have profit ?

Posted by tkl88 > 2020-04-01 22:06 |

Post removed.Why?

Posted by Twowah123 > 2020-04-02 00:18 | Report Abuse

Good. Gonna get my discounted price soon. Thats the way !

Posted by JoshuaMS7 > 2020-04-02 05:00 | Report Abuse

dji is changing to downtrend mode again!! Run! Anytime bk to 0.095!!

Posted by tkl88 > 2020-04-02 06:23 | Report Abuse

Dow Jones closed at=> 20,943.51 (−973.65) (-4.44%)

Posted by JayC88 > 2020-04-02 06:55 | Report Abuse

TP 0.100 today!

Posted by JJchan > 2020-04-02 09:04 | Report Abuse

https://oilprice.com/Latest-Energy-News/World-News/Indias-Top-Refiner-Declares-Force-Majeure-On-Oil-Imports-From-Saudi-Arabia.html

India Not honouring their Oil purchase Order ( declare Force Majeure )
Where Saudi is going to sell their Oil?

Posted by volks2 > 2020-04-02 09:44 | Report Abuse

it now 0.13........Thump already has a deal with Russia and Saudi?

Posted by Twowah123 > 2020-04-02 09:45 | Report Abuse

Looks now trader smart enuf huh dunwan sell me cheap2. No worries still in waiting ma 20-30% dscont

Posted by JJchan > 2020-04-02 09:49 | Report Abuse

https://oilprice.com/Latest-Energy-News/World-News/President-Trump-To-Meet-With-Oil-CEOs-To-Discuss-Saudi-Oil-Tariffs.html

Once US hit Saudi with Oil Tariff----Velesto should hit 25--30cents range

Posted by dxbman > 2020-04-02 11:27 | Report Abuse

Strong buy

Posted by rogers123 > 2020-04-02 12:46 | Report Abuse

Jjchan: U r here to BS again

Posted by rogers123 > 2020-04-02 12:47 | Report Abuse

Omg u r bs at velesto, then i should sell now....

Posted by 6222 > 2020-04-02 14:08 | Report Abuse

Oil will recover sooner or later, just wait will do

Posted by 6222 > 2020-04-02 14:09 | Report Abuse

Drop from 30+ to this lever, enuf is enuf

Posted by 6222 > 2020-04-02 14:10 | Report Abuse

As long don't close shop, wait will do

Posted by Twowah123 > 2020-04-02 14:29 | Report Abuse

Playing tough huh.

Posted by Twowah123 > 2020-04-02 14:42 | Report Abuse

Fcuk !!

Posted by paktua73 > 2020-04-02 15:39 | Report Abuse

yeeehaaaa..
paktua troops now..
sitting with huge money..
hold below 0.125.
was buying hard when rank 0.115-0.12..


tut tut
terbukti O&G counters thats paktua troops battle will bring huge rewarded soon..

Posted by Elmerbaby > 2020-04-02 15:48 | Report Abuse

dxb u the man

Posted by SinGor > 2020-04-02 15:53 | Report Abuse

when did this sohai roger123 suddenly appears here. Always promote loser stock like SmTrack and Puncak

Posted by Baby Shark > 2020-04-02 15:57 | Report Abuse

Hahahaha.. very cheap 15 cents

Posted by huatgorgor > 2020-04-02 16:02 | Report Abuse

Thank you velesto

Posted by paktua73 > 2020-04-02 16:15 | Report Abuse

tu diaaaa...
dia punya pecut kalah paktua punya Maserati..
dah 0.16!!!!
maw bawak avenger ship nie kaut untung balik


tut tut
muntah duit

Posted by dxbman > 2020-04-02 16:15 | Report Abuse

Strong buy might reach 0.20 tmrw

Posted by Leoleo > 2020-04-02 16:21 | Report Abuse

0.19 ? aiyoooo

Posted by Wayne722 > 2020-04-02 16:27 | Report Abuse

Bought at 0.14 for 250 lots while catching this stock on uptrend momentum this afternoon, hopefully hits above 0.20 by tomorrow

Posted by davidkkw79 > 2020-04-02 16:30 | Report Abuse

Wow... up 33 % OMG

Posted by paktua73 > 2020-04-02 16:50 | Report Abuse

due heavy burden..
paktua troops need to release back partially..

done sold back partially at 0.165,0.16..
secure back capital..
lock back huge profits..
its only tactical step..
for more abilities to fight more later..

with balance share paktua troops
is back on good position to play more soon..
down more we got enough bullets
to reloaded back..
if up more we will earn big more..


tut tut
just stick with own methods..
play with own style..

Posted by lancefire > 2020-04-02 17:02 | Report Abuse

Great day. Agree with paktua.
Sticking to own method and use one's own judgement is best.
If i were to listen to all the doomsayers (run run run) and huatsayers (huat huat huat buy buy) in this forum, I think i would have made a lot of expensive mistakes.

Posted by signalmw > 2020-04-02 17:04 | Report Abuse

Limit margin call. Buy buy buy

Posted by GoodTrade > 2020-04-02 17:22 | Report Abuse

Walao ... Good show ... Congrats all ...

Posted by Baby Shark > 2020-04-02 17:59 | Report Abuse

Pak Tua .. tomorrow pecutan same your car..

Posted by therookieechingchong > 2020-04-02 18:03 | Report Abuse

Pak tua selling here to buy SPNG

Posted by Mabel > 2020-04-02 18:09 | Report Abuse

Wah so nice...

Meow Meow Meow..

Posted by 6222 > 2020-04-02 18:34 | Report Abuse

This morning those who talk 3 talk 4 and ask to sell, now quite already