Posted by MillionMindset > 2020-04-30 13:03 | Report Abuse

Astro target price is Rm1.80, but now the price only RM0.96. Grab the chance to buy now before it rise further.

For more info for the target price, visit the website below :
https://klse.i3investor.com/servlets/ptres/55018.jsp

Posted by ashmira > 2020-04-30 18:19 | Report Abuse

i bought 0.125 when people don't want it 2 days ago.

Posted by Goodprofit > 2020-04-30 20:09 | Report Abuse

EPF ceased to be substantial shareholder

Posted by izoklse > 2020-04-30 21:07 | Report Abuse

No wonder EPF keep selling because they want to cease from becoming substantial share holder.

Posted by izoklse > 2020-04-30 21:10 | Report Abuse

now we have ASB/PNB & TH

Posted by linheng > 2020-05-01 06:58 | Report Abuse

EPF selling is always a sign that the counter will move up eventually. Look at Star Media. They sell at 25 cents. Now 39 cents and got 2 cents Div. Same scenario with Media Prima.
Velesto is not involve in oil production like hibiscus. Basically a rig operator. As long as Petronas is still pumping there is no problem.

Posted by rizal_de > 2020-05-01 12:32 | Report Abuse

economy will be reopened on 4th May..Velesto will rise.

Posted by Goodprofit > 2020-05-01 15:11 | Report Abuse

oil started gap down

Posted by rizal_de > 2020-05-01 17:06 | Report Abuse

no reason to gap down.

Posted by Baby Shark > 2020-05-01 20:32 | Report Abuse

Monday kena buy 20 cent..

Posted by Godofgambler > 2020-05-01 21:37 | Report Abuse

Monday velesto going up

Posted by Twowah123 > 2020-05-02 00:29 | Report Abuse

Monday huat

Posted by diehardunited > 2020-05-02 00:54 | Report Abuse

Will not last long. Poor fundamental prospects.

You better switch to this O&G recession-proof stock! https://klse.i3investor.com/blogs/fatprofitstock/2020-05-02-story-h1506852456-WHY_SHOULD_BUY_THIS_O_G_RECESSION_PROOF_STOCK.jsp

Posted by mf > 2020-05-02 21:34 | Report Abuse

Russia’s oil output in April jumped to highest level since Jan. 2019, ahead of cuts

Posted by rizal_de > 2020-05-03 06:11 | Report Abuse

oil price keep rising..good for oil and gas counter!

Posted by Godofgambler > 2020-05-03 10:56 | Report Abuse

Tomorrow limit up!!!!!!

Posted by Lucky81 > 2020-05-03 11:15 | Report Abuse

over optimistic?

Posted by Macgyver11 > 2020-05-03 13:18 | Report Abuse

Hope tomorrow move up further

Posted by izoklse > 2020-05-03 23:30 | Report Abuse

OMG US very serious opening up the economy. They going to supply remdesivir next week. Oil & Gas counter going to shoot up like crazy.

Gilead CEO says remdesivir available to coronavirus patients this week: ‘We’ve donated the entire supply’

https://www.cnbc.com/2020/05/03/gilead-ceo-says-remdesivir-available-t...

Posted by nashvz > 2020-05-04 00:52 | Report Abuse

rig demand will not rise as expected. yes, oil price rising but still not enough as oil price will need to be above $50 for oil companies to increase their drilling and exploration activities. as such, i believe rig demand will slump for the rest of 2020, and if broker issue a new target price, unfortunately it will be way below than the previous target.

so, i will be cautious with velesto.

Posted by izoklse > 2020-05-04 00:56 | Report Abuse

KEY POINTS

Gilead’s antiviral drug — remdesivir— has shown success in helping coronavirus patients recover faster.

“We intend to get [remdesivir] to patients in the early part of this next week, beginning to work with the government which will determine which cities are most vulnerable and where the patients are that need this medicine,” Gilead Sciences chairman and CEO Daniel O’Day told CBS’ “Face of the Nation.”

Gilead Sciences donated its entire supply of the drug to the U.S. government.

Posted by izoklse > 2020-05-04 00:57 | Report Abuse

Faster recovery means US can faster Open up the economy and its also lead to improve of demand for oil and gas earlier than expected from world biggest economy.

Posted by Allantanks > 2020-05-04 11:52 | Report Abuse

Brentoil going up strongly after a gap down this morning. Heng ah Ong ah。

Posted by Allantanks > 2020-05-04 12:24 | Report Abuse

Some good news: The global imbalance between oil supply and demand, which has built to 26.4 million barrels per day (bpd) in April due to the Covid-19 pandemic, is set to halve to 13.6 million bpd in May and fall further to just 6.1 million bpd, according to a Rystad Energy analysis. However, despite the improvement, the stock build will still overwhelm remaining global storage, which will fill in weeks.

Global supply is expected to fall in May to 92.8 million bpd, from 98.3 million bpd in April, and further decline to 91.1 million bpd in June. We expect June to see the lowest supply level this year unless further production cuts are announced, with output rebounding from July.

glut pr.jpg

Demand on the other hand, which Rystad Energy estimates will reach its lowest point at 71.8 million bpd in April, will rise to 79.2 million bpd in May and to 85.1 million bpd in June, as governments ease Covid-19-related restrictions and some industrial activity resumes.

Stay up to date and get immediate email notification when we publish COVID-19 related reports and press releases. Sign up here

This supply figure already includes the cumulative 6.5 million bpd cuts we expect from OPEC+ countries, as well as more than 2 million bpd of production shut-ins from non-OPEC+ countries (such as Norway) suffering under the unprecedented market squeeze.

“While this may seem like a drastic improvement from April, the oil market is not magically fixed. The storage issue still looms large and will spill over onto trading floors, as buyers are left with crude they cannot physically cannot place, and into the boardrooms of oil companies which must make very costly but necessary decisions to scale back production and give the market some breathing space,“ says Rystad Energy oil market analyst Louise Dickson.

The demand-supply gap will become narrower in practice as we believe the market will be forced to tighten the stock build gap during May when countries run out of local storage. After local storage is exhausted, tankers will be packed with oil barrels seeking refuge in the country with the most remaining storage capacity – the US.

Until this gap is filled by additional shut-ins (possibly even within OPEC+ countries themselves), we can expect further downward pressure on oil prices, especially those that lack a clear conduit to the export market.

If sufficient production isn’t shuttered by 19 May 2020 (the expiration of the WTI June 2020 contract), then the potential remains for another nightmare WTI price collapse, which we do not rule out spreading to other crude blends. However, given that most oil futures outside of WTI do not require the buyer to physically take oil delivery, and instead have cash settlement options, the destruction to other benchmarks should be tamer.

The negative price crash is most clearly linked to the shortage in global storage. Currently, global storage for crude is about 90% full and for crude oil products, that figure is closer to 80%. Rystad Energy currently estimates that there is 400 million barrels of available global crude storage left, and that crude stocks will build by 13.6 million bpd on average in the month of May.

The math isn’t overly complicated, and at this rate, assuming storage tanks can only be filled to about 95% capacity due to technical reasons, Rystad Energy forecasts storage is already hitting the wall in the markets. And, it could reach capacity at the last storage facility standing, the US, towards the end of May. Cushing, Oklahoma could top up even sooner.

“No matter how this physical rebalancing occurs during May, we still expect that the oil price bottom is right in front of us rather than behind us. The next question for markets now is what the recovery will look like and how many oil companies are able to weather the storm and bring inevitable field shut-ins back onstream,” adds Dickson.

We still believe in an oil price recovery, possibly starting as early as June, and see a risk for a tight market in 2022 with prices much higher than pre-crisis levels. This will be facilitated by a recovery in demand to above pre-Covid-19 levels in 2022, ongoing OPEC+ cuts, and a loss of supply capacity in both US shale and long-cycled global production. Not all production that is currently being shut-in will be able to swiftly return.
Source: Rystad Energy

Posted by Baby Shark > 2020-05-05 08:57 | Report Abuse

Dis 1 ringgit counter..

Posted by Allantanks > 2020-05-05 09:11 | Report Abuse

I thought is 3 ringgit.

Posted by Baby Shark > 2020-05-05 09:25 | Report Abuse

3 ringgit 2022 baru can..

Posted by Baby Shark > 2020-05-05 09:29 | Report Abuse

I want buy 9m shares 0.155.. hahaha

Posted by Baby Shark > 2020-05-05 09:38 | Report Abuse

Will add few more M..until price up

Posted by Lucky88 > 2020-05-05 09:39 | Report Abuse

Thank you Operators ! This time Huat ah !! Profit taken !!!!! Buy at LOW , Sell at TOP prices !!!!

Posted by Baby Shark > 2020-05-05 09:55 | Report Abuse

Congratulations Lucky88..

Posted by Lucky88 > 2020-05-05 10:02 | Report Abuse

Thank you Baby Shark....Hope you also Huat ah !!!!

Posted by Allantanks > 2020-05-05 10:12 | Report Abuse

Brent oil price approaching 30.

Posted by Baby Shark > 2020-05-05 10:13 | Report Abuse

Welcome.. I not so fast, will wait 1-2 years..

Posted by Gemstar > 2020-05-05 10:44 | Report Abuse

0.180 can touch...start goreng oil counters

Posted by Baby Shark > 2020-05-05 11:21 | Report Abuse

Want kelam kabut liau la..

Posted by MoneyHeist > 2020-05-05 12:31 | Report Abuse

Best time to buy now at 0.155? Please advise. Want to join the community!!

Posted by Allantanks > 2020-05-05 12:43 | Report Abuse

buy at.. 17. Manage to average down to. 145.. 255 is a great entry price if u keep for long term.

Posted by Allantanks > 2020-05-05 12:54 | Report Abuse

Today, observe the crowd. Lots of people in the street and SHOPS . Saudi and russia are not going to just wait for the oil price to drop further liao la. Economy down, oil down, they can eat grass d. Shale oil production died down naturally d. Oil demand up coupled with a oil cuts by opecs will send the oil bull all the way up Or can it end with the coronabear slashing the bull? Worst time or best time? Any comments? guys. I am with the bull, at least for now。

Posted by paktua73 > 2020-05-05 13:26 | Report Abuse

paktua still stand hold..
paktua troops aiming velesto back above 0.35

tut tut
midterm hold here

Posted by char1234 > 2020-05-05 13:55 | Report Abuse

yr wish will come true ....why warrant not moving

Posted by Bullish > 2020-05-05 14:47 | Report Abuse

Time to look at COMCORP 7195. This company used to be above 1.00. Time to warm up and goreng up. Buy now and will turn into diamond

Posted by Baby Shark > 2020-05-05 14:55 | Report Abuse

Boss Pak Tua.. 1.20

Posted by char1234 > 2020-05-05 15:14 | Report Abuse

slowly up daily !!!

Posted by Allantanks > 2020-05-05 15:16 | Report Abuse

Thanks pak Tua.

Posted by paktua73 > 2020-05-05 15:33 | Report Abuse

wecomed @allantanks..
hahahaha..
yes baby shark let aimed 1.20 on this 2 years come..
but..
let reach 0.20 first this week..and hit 0.35 end of this month..
paktua n his troops we hold total 56m(each trops hold 2m share) of share avrge at 0.125 here..
its huge we brought here..


tut tut
real big bet here..

Posted by plroo7 > 2020-05-05 15:53 | Report Abuse

Wow - pakrua73.... R u sure this week can reach 0.20.....

Posted by paktua73 > 2020-05-05 16:20 | Report Abuse

yes its can if brent can break 35..
wti hit 27..
let see


tut tut
hope its will hit..

Posted by Zillionaire > 2020-05-05 19:01 | Report Abuse

GOOD NEWS GUYS! GOOD NEWS GUYS! GOOD NEWS GUYS! GOOD NEWS GUYS!

ARBB YEAR END TP RM 1.00--ARBB YEAR END TP RM 1.00--ARBB YEAR END TP RM 1.00

LET ME WRITE A SIMPLE SUMMARY ON WHY WE SHOULD BUY ARBB 7181 SHARES!

1.) Executive Summary
ARB Berhad, provides enterprise resource planning, Internet of Things (IoT), and re-energy solutions in Malaysia.

2.) Market Performance
GOOD-- (7 Day Return 19.1%) ( MY IT 4.8%) (MY Market 0.6%)


3.) Valuation
Is ARB Berhad undervalued compared to its fair value and its price relative to the market?
2.44xPrice to Earnings (PE) ratio

a.) Price To Earnings Ratio
PASS-- PE vs Industry: ARBB is good value based on its PE Ratio (2.5x) compared to the IT industry average (20.3x).

PASS-- PE vs Market: ARBB is good value based on its PE Ratio (2.5x) compared to the MY market (12.9x).

b.) Price to Book Ratio
PASS-- PB vs Industry: ARBB is good value based on its PB Ratio (0.8x) compared to the MY IT industry average (1.1x).


4.) Future Growth
ARB Berhad forecast to perform in the next 1 to 3 years based on estimates from analysts.
PASS-- 83% Forecasted Software industry annual growth in earnings


5.) Past Performance
PASS- Until 31 dec 2019
Revenue rm102.644mil / year
Earnings rm33.205mil / year
Profit margin 32.3%
Growing Profit Margin:ARBB's current net profit margins (32.3%) are higher than last year (27.7%).

.

How has ARB Berhad performed over the past 5 years?
PASS--58.0% Historical annual earnings growth

a.) Past Earnings Growth Analysis
PASS-- Earnings Trend: ARBB has become profitable over the past 5 years, growing earnings by 58% per year.

PASS-- Accelerating Growth: ARBB's earnings growth over the past year (684.6%) exceeds its 5-year average (58% per year).

PASS-- Earnings vs Industry: ARBB earnings growth over the past year (684.6%) exceeded the IT industry 17%.



6.) Return on Equity

PASS-- High ROE: ARBB's Return on Equity (27.5%) is considered high.



7.) Financial Health

How is ARB Berhad's financial position?
PASS-- Short Term Liabilities: ARBB's short term assets (MYR75.7M) exceed its short term liabilities (MYR1.1M).

PASS-- Long Term Liabilities: ARBB's short term assets (MYR75.7M) exceed its long term liabilities (MYR6.5M).



8.) Debt to Equity History and Analysis
PASS-- Debt Level: ARBB's debt to equity ratio (0.1%) is considered satisfactory.

PASS-- Reducing Debt: ARBB's debt to equity ratio has reduced from 3.5% to 0.1% over the past 5 years.

PASS-- Interest Coverage: ARBB's interest payments on its debt are well covered by EBIT (509.3x coverage).


MORE GOOD NEWS GOOD INVESTORS OF ARBB 7181 !!!
ARBB (7181) has 5 main Pillars (AND THIS IS NO CRYSTAL BALL NEWS)

1. Pillar number One

ARBB (7181 ) is doing IOT and others

THE Main focus for investing in ARBB(7181)is because of RM210 million was allocated under the programmed to encourage transition of businesses to Industry 4.0 technology from 2019 till 2021.


2. ARBB (7181) is doing ERP SYSTEM and others

AFTER MCO ARBB JV COMPANY WILL BRING TONS OF CUSTOMERS RAINING IN
(100% CONFIRM)......


3.ARBB (7181) is going for gov project

CONTRACT WILL BE SIGNING WITHIN 4 MONTHS........
(70%CONFIRM!)........

4.ARBB (7181) is going overseas
U.S COMPANY Caravan Capital Management LLC IS INVITING ARBB PERSON IN CHARGE GOING AMERICA TO MAKE PROMOTION ABOUT ARB BERHAD! BECAUSE Caravan Capital Management LLC HAVE LOTS OF U.S BIG COMPANY RECOMMENDED TO INVEST INTO ARBB......
(100% CONFIRM)

MORE AND MORE FOREIGN COMPANY WILL SAPU ARBB SHARES (100% CONFIRM).......

5.ARBB(7181) is related to gov...........RECENTLY.
WHICH GOV PARTY? DON'T ASK!!!!!! WILL NOT ANSWER!!!!!!
(100%CONFIRM)

THE rest are side dishes

Year 2020 will see ARBB (7181) turn into a Red hot bull run stock of IR 4.0 INDUSTRY just like OGSE was for 2019!

BUY NOW ARBB (7181) BEFORE THE PRICE SHOOTS UP!

Posted by atomic5 > 2020-05-05 20:51 | Report Abuse

Brent oil break 23