Posted by Macgyver11 > 2020-05-16 10:56 | Report Abuse

I believed this year sure got more contracts..matter of time. Once they announce it then the price move up drastically...hopefully it will materialize.

Posted by Macgyver11 > 2020-05-16 11:02 | Report Abuse

Sorry correction there..velesto trading not at 0.14c but trading at 0.35++. Wrongly type.

Posted by Macgyver11 > 2020-05-16 11:16 | Report Abuse

Bumi Armada...put trust in AK. He know how to manage.

Posted by linheng > 2020-05-16 11:28 | Report Abuse

Velesto 34.1 % of 52 wk price, Bumi Armada is 35.14 and Perdana is 33.33 % of 52 wk High price. All about the same except for Hibiscus which is now 50.9 % of 52 wk high price

Posted by mf > 2020-05-16 13:09 |

Post removed.Why?

Posted by investpeople > 2020-05-16 13:58 | Report Abuse

https://www.thestar.com.my/news/regional/2020/05/16/bursa-malaysia-to-see-positive-trend-as-oil-prices-set-to-rise

Posted by investpeople > 2020-05-16 14:01 | Report Abuse

next week is for O & G stocks to sky rocket higher ....

Posted by RedEagle > 2020-05-16 14:09 | Report Abuse

0.20...0.25..0.35..0.50...

Posted by mf > 2020-05-16 15:02 | Report Abuse

Most oil and gas (O&G)-related counters ended the day higher yesterday amidst improving sentiment on the back of an increasing demand in crude oil from China and also due to the commitment by Saudi Arabia and Russia to stabilise oil markets in a joint statement on Wednesday.

Posted by Goodprofit > 2020-05-16 15:06 | Report Abuse

O & G sentiment still on temporary uptrend only will be a gap down again, see on Monday market sentiment first early morning 8.30 am

Posted by Lewis Lee > 2020-05-16 15:42 | Report Abuse

Recent posting by Cold eyes also recommend hold long term on oil & gas counter !!

Posted by Lewis Lee > 2020-05-16 15:44 | Report Abuse

If demand of oil resume to pre-lockdown level, avaerage TP by all research houses for Velesto is 0.40-0.45 !!

Posted by Alan Punpipi > 2020-05-16 17:18 | Report Abuse

OPEC is cautiously optimistic that the worst of the oil crisis is over

More positive news for O n G next week

Posted by williamtkb > 2020-05-16 18:07 | Report Abuse

Be patient... Big sharks don't want to let it fly yet. Be prepare above 20cents anytime. Monday hope to buy more @15cent and below

Posted by Lee6565 > 2020-05-16 19:03 | Report Abuse

hope next week fly to moon

Posted by newbie9893 > 2020-05-16 19:40 | Report Abuse

slowly but surely

Posted by Goodprofit > 2020-05-16 20:48 | Report Abuse

maybe Saudi big discount on their oil prices then will drop again (Supply & demand)

Posted by JayC88 > 2020-05-16 20:59 | Report Abuse

Goodtry.

Posted by Alan Punpipi > 2020-05-17 08:31 | Report Abuse

Oil Demand Globally is picking up fast and Oil Supply is at the lowest supplies in 2020 ...FOMO will be hard demoters or end up chasing high later

Posted by Lewis Lee > 2020-05-17 10:52 | Report Abuse

Malaysia stock god "Cold Eyes" heavily promoting oil & gas companies these few days !! Time to collect !!

Posted by RedEagle > 2020-05-17 11:02 | Report Abuse

Sure demand will increase.. Pump in petrol station..Digger, Digger..

Posted by IronShirt > 2020-05-17 11:11 | Report Abuse

Saudi economy is in Deep shit now. From no taxes to 300% up in VAT tax. All Gov. servant got
Salary cut. Borrow heavily from foreign Bankers to financial fiscal projects. If Oil stays at 30, Saudi
foreign reserve will deplete in 5 years....2014 got 735billion { Apr 29 2020 left 464 bil }

Posted by gibsontan > 2020-05-17 12:33 | Report Abuse

velesto seems have having sller queue not really moving

Posted by Philip ( buy what you understand) > 2020-05-17 16:01 | Report Abuse

https://klse.i3investor.com/m/blog/phillipinvesting/2020-05-17-story-h1507085013-Sharing_investment_journey_of_Ian_Yoong_HNW_private_equity_investor_and.jsp

Posted by mf > 2020-05-17 18:28 | Report Abuse

WTI Crude Oil Speculator’s Bullish Net Positions Bounced Back This Week
Zachary Storella | May 17, 2020 01:17AM ET

Posted by Twowah123 > 2020-05-18 06:39 | Report Abuse

Wtf. Brent hit 33. Gonna break 34. Super bullish. 0.14 is too cheap. If price still cn get below 0.15. sell all asset car all n sailang all in. In matter of time hiiting back 0.30. in fact this qr sure green 1. Huat ah

Posted by Twowah123 > 2020-05-18 06:40 | Report Abuse

Sell all buy velesto. N keep long

Posted by mf > 2020-05-18 07:47 | Report Abuse

Dow futures jump 200 points, rebounding from last week's losses

Posted by MichelleNg > 2020-05-18 08:00 | Report Abuse

Raya is coming....sell all for RAYA....

Posted by armadatuah2017 > 2020-05-18 08:01 | Report Abuse

just be patient, drilling contracts kicking in 2H. so income will only be reflected in Q3 2020. .... peaked at Q4..

Posted by Alan Punpipi > 2020-05-18 08:03 | Report Abuse

Brent Oil price update: $33.40

Posted by Lucky88 > 2020-05-18 09:11 | Report Abuse

Thank you Operators ! Profit taken ! Huat ah !!!!

Posted by Lucky88 > 2020-05-18 09:13 | Report Abuse

Early morning Huat Huat Huat ah !!!!!

Posted by Lucky88 > 2020-05-18 09:14 | Report Abuse

Duit Raya dah ada.........Thank you Operators !

Posted by nicholas99 > 2020-05-18 09:15 | Report Abuse

https://www.investing.com/news/stock-market-news/asia-shares-make-cautious-gains-oil-and-gold-jump-2174939

Posted by martinking > 2020-05-18 09:20 | Report Abuse

0.2 incoming? oil price is stronk!

Posted by Mabel > 2020-05-18 09:25 | Report Abuse

Huat ah ! Heng ah ! Ong ah !

Meow! Meow! Meow!

Posted by Tripaka > 2020-05-18 09:29 | Report Abuse

All oily counters in play. Be smart, sell into strength. Rotational play. Later will be back to health and gloves in days to come. Play safe, play smart.

Posted by Lucky88 > 2020-05-18 09:37 | Report Abuse

Huat Huat Huat........Thank you Operators !!!

Posted by Twowah123 > 2020-05-18 09:41 | Report Abuse

Who the fcuk keep selling at 0.16. Wut a shitty

Posted by tkl88 > 2020-05-18 09:49 |

Post removed.Why?

Posted by Lucky88 > 2020-05-18 10:04 | Report Abuse

Buy at LOW , Sell at TOP prices !

Posted by Alan Punpipi > 2020-05-18 10:19 | Report Abuse

Only way is UP once 0.165 is broken ...

Posted by williamtkb > 2020-05-18 10:26 | Report Abuse

Armada and knm far ahead.... Velesto big sharks still in collection mode. This morning got some @15.5 cents. Will buy more below 20cents

Posted by Alan Punpipi > 2020-05-18 10:30 | Report Abuse

Buyer keeps coming in at 0.16 ...yepp yepp hooray !

Posted by Alan Punpipi > 2020-05-18 10:37 | Report Abuse

33.69 +1.19

Posted by Twowah123 > 2020-05-18 10:38 | Report Abuse

Good now 0.16 seller depleted. Gonna break 0.18 soon. Good huat ahh

Posted by Gemstar > 2020-05-18 10:41 | Report Abuse

Need to break loose from 0.165... come on velesto

Posted by Alan Punpipi > 2020-05-18 10:45 | Report Abuse

Buyer collective volume at 0.16 catching up with seller soon

Posted by Twowah123 > 2020-05-18 10:46 | Report Abuse

Huat ahhh. Looking good !!!