VELESTO ENERGY BERHAD

KLSE (MYR): VELESTO (5243)

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Last Price

0.215

Today's Change

+0.005 (2.38%)

Day's Change

0.205 - 0.215

Trading Volume

54,945,600


28 people like this.

24,132 comment(s). Last comment by leeabraham 16 hours ago

williamtkb

3,216 posts

Posted by williamtkb > 2020-05-18 10:47 | Report Abuse

Very soon 16.5 will gone and jump to 18cents level

Posted by NiagaUntOngSelalu > 2020-05-18 10:55 | Report Abuse

Today up by 0.05 sen/hr.

Hope to reach 0.19 by 5pm

linheng

1,361 posts

Posted by linheng > 2020-05-18 11:06 | Report Abuse

Finally start moving

williamtkb

3,216 posts

Posted by williamtkb > 2020-05-18 11:08 | Report Abuse

First round 16.5 cleared but big sharks don't want push yet. They are waiting to buy more below 16cents...

Posted by armadatuah2017 > 2020-05-18 11:16 | Report Abuse

PNB had collected lots from EPF holding... they will continue to pump and dump.....today's performance is good....profits are in hand...

Allantanks

684 posts

Posted by Allantanks > 2020-05-18 11:21 | Report Abuse

Need to clear. 17. Anyone still buying. I am buying up all the way after average down.

Alan Punpipi

7,570 posts

Posted by Alan Punpipi > 2020-05-18 11:24 | Report Abuse

Brent: $33.71 (3.72%)
WTI: $30.68 (4.25%)

Lucky88

358 posts

Posted by Lucky88 > 2020-05-18 11:26 | Report Abuse

im selling up away.......Huat ah !!!!! Thank you Operators !!!!

Alan Punpipi

7,570 posts

Posted by Alan Punpipi > 2020-05-18 11:26 | Report Abuse

resistance broken at 0.165 ... this baby will surge up

Elmerbaby

67 posts

Posted by Elmerbaby > 2020-05-18 11:32 | Report Abuse

defo

martinking

289 posts

Posted by martinking > 2020-05-18 11:35 | Report Abuse

0.2 incoming, just hold tight

Posted by armadatuah2017 > 2020-05-18 11:36 | Report Abuse

im not.gready. 0.30 RI price then dispose...hahahaha

Posted by NiagaUntOngSelalu > 2020-05-18 11:41 | Report Abuse

After raya 0.4

williamtkb

3,216 posts

Posted by williamtkb > 2020-05-18 11:43 | Report Abuse

Second round 16.5 cleared. 3rd round also cleared.... Super strong buying support 16.5

Twowah123

654 posts

Posted by Twowah123 > 2020-05-18 11:47 | Report Abuse

kemonnn velesto !!!!!... chase armada and perdana now please go fast !!!!

Twowah123

654 posts

Posted by Twowah123 > 2020-05-18 11:47 | Report Abuse

kemonnn velesto !!!!!... chase armada and perdana now please go fast !!!!

persie

1,412 posts

Posted by persie > 2020-05-18 11:53 | Report Abuse

Very powerful jerung inside... Eat.. Eat.. Eat..

Posted by Ahmad Hidayat > 2020-05-18 11:55 | Report Abuse

who defak keep selling at 0.165

Twowah123

654 posts

Posted by Twowah123 > 2020-05-18 12:05 | Report Abuse

pls go high brent!!! Today wanna sell some take profit bit for hari raya.....

Posted by Ahmad Hidayat > 2020-05-18 12:09 | Report Abuse

Keep till US election. Trump is shaking. Arab help cut production.

Lee6565

23 posts

Posted by Lee6565 > 2020-05-18 12:28 | Report Abuse

popi popi today pls hit 0.180

Alan Punpipi

7,570 posts

Posted by Alan Punpipi > 2020-05-18 12:52 | Report Abuse

My Broker says Big Buying Coming after Lunch time ...look at Sapura last min got makan all at 0.10 !

Twowah123

654 posts

Posted by Twowah123 > 2020-05-18 12:55 | Report Abuse

good news Alan. Hope it is true.. gonna win big this time around....

izoklse

5,235 posts

Posted by izoklse > 2020-05-18 12:56 |

Post removed.Why?

Alan Punpipi

7,570 posts

Posted by Alan Punpipi > 2020-05-18 13:10 | Report Abuse

Oil - WTI (JUL) 3061 +3.75%
Oil - WTI (AUG) 3110 +3.27%
Oil - Brent (JUL) 3350 +3.06%
Oil - Brent (AUG) 3379

Mabel

23,558 posts

Posted by Mabel > 2020-05-18 13:27 | Report Abuse

Wait lah.. Why sell so early...

Come join Armada, KNM... all above 20 only sell

No holding power ka?

Posted by EdenOfSaudi > 2020-05-18 14:23 | Report Abuse

I changed my tp from 20 cents to 25 cents.

uniteen

120 posts

Posted by uniteen > 2020-05-18 14:36 | Report Abuse

mabel also masuk already. wow

Posted by NiagaUntOngSelalu > 2020-05-18 14:40 | Report Abuse

Tp by all research houses 40cents above

Keep lah for 200 % gain in one month

Posted by MonsterX > 2020-05-18 14:54 | Report Abuse

I dont think can reach 0.20 today

Lee6565

23 posts

Posted by Lee6565 > 2020-05-18 15:02 | Report Abuse

i also change tp to 0.25

Posted by Ahmad Hidayat > 2020-05-18 15:22 | Report Abuse

stick to trading plan. Dont greed.

rizal_de

503 posts

Posted by rizal_de > 2020-05-18 15:41 | Report Abuse

0.25

Posted by Ahmad Hidayat > 2020-05-18 15:47 | Report Abuse

operator keep fighting at 0.17

Posted by Winner 2016 > 2020-05-18 15:47 | Report Abuse

100 thousand lot buy then another 100 thousand lot queue for sell in 1 second??? Play what o???

Posted by armadatuah2017 > 2020-05-18 16:19 | Report Abuse

institutions need more shares to be accumulated. at this price, it is less attractive for retailers to let go.... they need to shake off retailers to goreng the shares.... it will not up much but will gradually hit the high 0.30.....just be patient....anything below 0.20 is handsome....drilling contracts are executed in 2H... so anticipate it at end of year.

Posted by armadatuah2017 > 2020-05-18 16:21 | Report Abuse

dispose at 100% gain la....opportunity of a life time....

Gemstar

431 posts

Posted by Gemstar > 2020-05-18 16:25 | Report Abuse

Knm and armada already hit 0.250... need to catch up lo...

williamtkb

3,216 posts

Posted by williamtkb > 2020-05-18 16:38 | Report Abuse

Today profit taking day for weak holders to sell 16.5 Tomorrow morning they might need to buy back above 18cents

linheng

1,361 posts

Posted by linheng > 2020-05-18 17:15 | Report Abuse

I take profit already. Tomorrow last day for June Contract

stevenckheng

1,326 posts

Posted by stevenckheng > 2020-05-18 17:31 | Report Abuse

Petronas went on to highlight a proposal to build new OSVs to the tune of RM3.4 billion, with charter rates for all vessels to reach RM3.5 million a day or a little above RM1.2 billion a year.

An industry player says there are some local OSV companies that are fronts and are actually owned by Singaporeans. “The plans sound grand, but implementation is another thing.”

He highlights that in early 2017, Velesto, which was then called UMW Oil & Gas Corp Bhd, failed to take over Icon Offshore and Orkim Sdn Bhd.

While no reason was given for the failed merger, sources say it was not clear if the merged entity would be given any exemptions by Petronas in terms of jobs.

To recap, the deal mooted was for Velesto to buy Icon for 50 sen a share, valuing the latter at RM589 million. Shareholders of Icon could also opt for new shares in Velesto, to be issued at 80 sen each. Also on the cards was for Velesto to buy a 95.5% stake in Orkim for about RM470 million in cash.

The only large-scale consolidation that has taken place is Dayang’s takeover of Perdana Petroleum in 2015.

stevenckheng

1,326 posts

Posted by stevenckheng > 2020-05-18 17:31 | Report Abuse

consolidation coming ? what is the next move?

nicholas99

9,847 posts

Posted by nicholas99 > 2020-05-18 18:02 | Report Abuse

$34.20 now. :) tomorrow limit up.

Twowah123

654 posts

Posted by Twowah123 > 2020-05-18 18:02 | Report Abuse

looks good!!!

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

Sold q back 0.160-0.165. Pray pray

Posted by newcomer1388 > 2020-05-18 18:13 | Report Abuse

SIEN SO NOOB

Posted by NiagaUntOngSelalu > 2020-05-18 18:30 | Report Abuse

Wont see 0.165 anymore. Trend is up.

Twowah123

654 posts

Posted by Twowah123 > 2020-05-18 18:32 | Report Abuse

ony if brent drop can get it. As now brent cont. up. now 34.4. Looking good foresee will cont up and if so, tmrw will be a gap up again.

tkl88

8,712 posts

Posted by tkl88 > 2020-05-18 18:33 | Report Abuse

Wow, Fantastic !
Oil price continues to spike up to sky high man !

As at 6.30pm,
Nymex at => $31.56 (+2.04) (+6.91 %)
Brent at => $34.30 (+1.80) (+5.54 %)

Pcmont123

296 posts

Posted by Pcmont123 > 2020-05-18 18:42 | Report Abuse

Why velestro still 0.17...fucku.........velestrro...look at amarda knm perdana......... So on... 天理何在

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