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

33,814,400


28 people like this.

24,132 comment(s). Last comment by leeabraham 21 hours ago

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2020-04-27 16:44 | Report Abuse

Run!! All related oil counters collapsed today onward!!

Remo

100 posts

Posted by Remo > 2020-04-27 17:41 | Report Abuse

Buy & forget. If keep on monitoring, eye bleeding

Baby Shark

5,913 posts

Posted by Baby Shark > 2020-04-27 21:06 | Report Abuse

Agree.. buy & keep, otherwise very susah hati..

Twowah123

654 posts

Posted by Twowah123 > 2020-04-27 22:17 | Report Abuse

Wtf epf keep on disposing that making the price down....wtf !!!

RedEagle

3,194 posts

Posted by RedEagle > 2020-04-27 22:36 |

Post removed.Why?

RedEagle

3,194 posts

Posted by RedEagle > 2020-04-27 22:37 |

Post removed.Why?

Will76

591 posts

Posted by Will76 > 2020-04-27 22:48 | Report Abuse

Breaking News from CNBC

U.S. oil prices plunged more than 25% on Monday on fears that worldwide storage will soon fill as the coronavirus pandemic continues to roil demand.

West Texas Intermediate for June delivery fell 25.6%, or $4.34, to trade at $12.58 per barrel.

International benchmark Brent crude traded 8.1% lower at $19.72 per barrel. Each contract is coming off its eighth week of losses in nine weeks.

linheng

1,361 posts

Posted by linheng > 2020-04-28 04:43 | Report Abuse

At the rate EPF is selling the price will remain depressed. Don't hope to control. Just buy 10 % after every 10% downward adjustment in price. Oil have to go up to USD 30 to 40 dollars at least by end of year.

RedEagle

3,194 posts

Posted by RedEagle > 2020-04-28 05:04 | Report Abuse

0.10?

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2020-04-28 07:01 | Report Abuse

how long those shale / most oil companies can survive with this oil price? 2 months? 6 months? Any idea? Setting a cut loss price before it go further to bankruptcy like Hin Leong Trading!

Mabel

23,564 posts

Posted by Mabel > 2020-04-28 07:14 | Report Abuse

Velesto got strong big brother..

Hin Leong got no brother..

That's why bankruptcy..

Meow..

Mabel

23,564 posts

Posted by Mabel > 2020-04-28 07:15 | Report Abuse

Sapura Energy must cut more..

4 consecutive loss ma...

Still want salary?

JadeSchira

544 posts

Posted by JadeSchira > 2020-04-28 08:36 | Report Abuse

Today buy COMCORP 7195. Bear has awaken...

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2020-04-28 09:06 | Report Abuse

Waa!! Someone jump at 0.120 and 0.125!!

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2020-04-28 09:17 | Report Abuse

where the strong big brother? Already 0.125!!

GoodTrade

933 posts

Posted by GoodTrade > 2020-04-28 10:05 | Report Abuse

Walao ... WTI oil $10.++ ... Brent oil $19.++ ...

jimwong

37 posts

Posted by jimwong > 2020-04-28 10:53 | Report Abuse

how come Hibiscs and Armada still stable, but Velesto drop so much

GoodTrade

933 posts

Posted by GoodTrade > 2020-04-28 11:12 | Report Abuse

EPF sold 2.5 million shares on 20/04/2020, sold 33 million shares on 21/04/2020, sold 30 million shares on 22/04/2020 ... 23/04/2020 ? 24/04/2020 ? 27/04/2020 ? ...

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2020-04-28 11:18 | Report Abuse

yaya epf foreseen this company got big problem soon because of crazy low price now!!

Mabel

23,564 posts

Posted by Mabel > 2020-04-28 11:24 | Report Abuse

EPF is selling everywhere...Price looks so attractive to ignore. So I collect another batch today...

Hopefully in 12 months time i can sell 3X than what I paid today..

Meow Meow Meow

jimwong

37 posts

Posted by jimwong > 2020-04-28 11:29 | Report Abuse

Definitely worth to hold, I have hold some too. But the only worries is whether Velesto can tahan and not going PN17, if it can tahan, 3x earning shouldn't be any issue.

DChosen2

456 posts

Posted by DChosen2 > 2020-04-28 11:37 | Report Abuse

i think can wait till tomorrow tp 0.11-0.10 .

Mabel

23,564 posts

Posted by Mabel > 2020-04-28 11:41 | Report Abuse

If drop more may consider to collect ...Hmmm....to many Grand Sales across these days...

Meow..

Mabel

23,564 posts

Posted by Mabel > 2020-04-28 11:46 | Report Abuse

Oil prices will average $23/b in the second quarter of 2020, but increase to $30/b in the second half of the year. The average will be $33/b barrel for 2020, down from $64/b in 2019. Prices will rise to $46/b in 2021. Demand for oil has plummeted since the onset of the coronavirus pandemic.

Allantanks

684 posts

Posted by Allantanks > 2020-04-28 11:55 | Report Abuse

Aiya..... Qb at.0.12.... Rise to. 125 d. ....

Posted by QuellingBlaster > 2020-04-28 14:03 | Report Abuse

U.S COMPANY Caravan Capital Management LLC OWNING ARBB COMPANY SHARES 18,496,151(6.30%), GOOD NEWS GUYS! DON'T SAY BOJIO, ITS SAPU ARBB 7181 SHARES TIME!

CITADEL

1,867 posts

Posted by CITADEL > 2020-04-28 14:09 |

Post removed.Why?

Posted by legendaryfeeder > 2020-04-28 14:13 | Report Abuse

Afternoon drop more lo

paktua73

18,409 posts

Posted by paktua73 > 2020-04-28 15:30 | Report Abuse

paktua manage to reloaded more at 0.125..
we love to hold here..


tut tut
stick with own methods

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2020-04-28 15:44 | Report Abuse

Run! Run! Run!

mf

28,408 posts

Posted by mf > 2020-04-28 15:52 | Report Abuse

BP’s net profit slides 67% in the first quarter following a historic fall in oil prices

lancefire

443 posts

Posted by lancefire > 2020-04-28 15:59 | Report Abuse

Collection time!

Legend

4,119 posts

Posted by Legend > 2020-04-28 15:59 | Report Abuse

Wait for 0.10...

JadeSchira

544 posts

Posted by JadeSchira > 2020-04-28 16:00 | Report Abuse

Buy comcorp 7195!!!

mf

28,408 posts

Posted by mf > 2020-04-28 16:10 | Report Abuse

WTI Collapse Continues Into Asia Session

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2020-04-28 16:45 | Report Abuse

walao wti 10 usd again!! run run run!!

GoodTrade

933 posts

Posted by GoodTrade > 2020-04-28 17:31 | Report Abuse

Judgement day on Thursday 30/04/2020 ... Exciting show is coming ...

mf

28,408 posts

Posted by mf > 2020-04-28 18:02 |

Post removed.Why?

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2020-04-28 19:25 | Report Abuse

if brent -37 usd this thursday then really gg lo this counter! don't know will pn17 or not!

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2020-04-28 19:28 | Report Abuse

if this counter close shop one day should lot investors cry no tear ...

Lucky81

495 posts

Posted by Lucky81 > 2020-04-28 19:29 | Report Abuse

Amanah Saham Nasional and PNB cry no tear.

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2020-04-28 19:42 | Report Abuse

don't think they can sustain for 3-6 months with crazy loss biz and bankruptcy, we don't like shale got government pump in money!! Run and keep your cash well!!

Glucifer

30 posts

Posted by Glucifer > 2020-04-28 19:57 | Report Abuse

What so special about U.S COMPANY Caravan Capital Management LLC? They have very good portfolio?

Posted by Petergus > 2020-04-28 20:30 | Report Abuse

UBS: Oil prices will spike 115% by the end of 2020 in a dramatic reversal of the current crisis

https://www.businessinsider.my/oil-price-will-jump-115-percent-by-end-of-year-2020-4/

G C

22 posts

Posted by G C > 2020-04-28 20:51 | Report Abuse

Why EPF keep on disposed this counter?

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2020-04-28 21:46 | Report Abuse

Going to pn17 or bankruptcy soon?

GoodTrade

933 posts

Posted by GoodTrade > 2020-04-28 22:15 | Report Abuse

EPF sold 2.5 million shares on 20/04/2020, sold 33 million shares on 21/04/2020, sold 30 million shares on 22/04/2020, sold 20 million shares on 23/04/2020 ... 24/04/2020 ? 27/04/2020 ? 28/04/2020 ? ...

Legend

4,119 posts

Posted by Legend > 2020-04-28 22:18 | Report Abuse

EPF the real Shark!

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