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 > 2020-05-19 09:28 | Report Abuse

because big sharks want to collect lower price before pushing to above 20cents

Posted by Cash_Is_King > 2020-05-19 09:28 | Report Abuse

Come on Velesto..Go Go Go

rizal_de

503 posts

Posted by rizal_de > 2020-05-19 09:30 | Report Abuse

those who bought at 0.19 and sell at 0.175 are stupid...later you'll regret

ckphan

77 posts

Posted by ckphan > 2020-05-19 09:33 | Report Abuse

now throwing at 0.175

Posted by Ahmad Hidayat > 2020-05-19 09:36 | Report Abuse

profit taking today

azlan2810

19 posts

Posted by azlan2810 > 2020-05-19 09:37 | Report Abuse

hmm..push so hard at 0.175

ckphan

77 posts

Posted by ckphan > 2020-05-19 09:38 | Report Abuse

so now what next? down or up?

williamtkb

3,216 posts

Posted by williamtkb > 2020-05-19 09:39 | Report Abuse

Now i queue more at 17.5 wait for someone sell me

ckphan

77 posts

Posted by ckphan > 2020-05-19 09:40 | Report Abuse

some say can hit 0.2...but seem like difficult

Elmerbaby

67 posts

Posted by Elmerbaby > 2020-05-19 09:40 | Report Abuse

those selling at lower price, why buy to begin with? lol!

Posted by armadatuah2017 > 2020-05-19 09:43 | Report Abuse

it's fine to dispose with profit taking. it's true that pumping it up not the timing yrt with below 40 dollars per barrels.....anticipating 3rd quarter of the year will pump to its heihht...one day up 3c is fast la with sharks around

williamtkb

3,216 posts

Posted by williamtkb > 2020-05-19 09:44 | Report Abuse

Yahoo.... Got all 17.5. Today many contra player take profit. So big sharks don't want let them earn high. Queue more @17cents now.

Allantanks

684 posts

Posted by Allantanks > 2020-05-19 09:50 | Report Abuse

I think price up and down, those using rakuten should be very nervous hahaha entire morning can't load

gibsontan

68 posts

Posted by gibsontan > 2020-05-19 09:50 | Report Abuse

it's respecting the resistance n support 0.19 , 0.175

Posted by Raymondlol > 2020-05-19 09:50 | Report Abuse

Maybank trade also same. Lagging just now

Diego2020

454 posts

Posted by Diego2020 > 2020-05-19 09:51 | Report Abuse

brent in the red right now... why?

nicholas99

9,847 posts

Posted by nicholas99 > 2020-05-19 09:52 | Report Abuse

just normal correction.will go back up again..

martinking

289 posts

Posted by martinking > 2020-05-19 09:55 | Report Abuse

slowly will surge up to 0.2

ronl98

166 posts

Posted by ronl98 > 2020-05-19 09:58 | Report Abuse

shark is waiting for you to buy and sell back to 0.17

Wjng666

128 posts

Posted by Wjng666 > 2020-05-19 10:04 | Report Abuse

Today is slow market cool down . Shark all missing

ronl98

166 posts

Posted by ronl98 > 2020-05-19 10:05 | Report Abuse

Oil stock price alrdy factored in the oil price surge. Further rise is speculative. Aviation oil consumption is the most important factor to consider, and it is still very low. U buy, shark sell, just look at the trade details, u will notice the pattern.

Posted by PlayPlayAhUThink > 2020-05-19 10:08 | Report Abuse

I'm 0.185 sardin

williamtkb

3,216 posts

Posted by williamtkb > 2020-05-19 10:09 | Report Abuse

Actually sharks want to eat more @18cents but many people want to sell lower.... All waiting @17cents now. Later they will eat all the way up to above 18cents

gibsontan

68 posts

Posted by gibsontan > 2020-05-19 10:12 | Report Abuse

maybe sharks are within us and gonna oppose what u said haha

Wjng666

128 posts

Posted by Wjng666 > 2020-05-19 10:16 | Report Abuse

One day rally Only no more glory Today

Posted by Petergus > 2020-05-19 10:20 | Report Abuse

brent in the green again

Posted by armadatuah2017 > 2020-05-19 10:35 | Report Abuse

@william definitely shark.is reading this. it is part of strategy to promote and dispose to retailers...low interest rates had attracted more sharks and retailers to join the game

Posted by armadatuah2017 > 2020-05-19 10:36 | Report Abuse

as i said, 3c a day is big for Velesto...same goes to Armada....thr operators will not be so kind....

Leong1982

544 posts

Posted by Leong1982 > 2020-05-19 10:49 | Report Abuse

hehehehe, thanks for buying at RM0.19!! 50% profit in just a few days!

rizal_de

503 posts

Posted by rizal_de > 2020-05-19 10:49 | Report Abuse

buy more now!

i3lurker

13,737 posts

Posted by i3lurker > 2020-05-19 10:51 | Report Abuse

Buyers disappeared coz some IB servers went down

so as usual people panicked, dun see buyer start selling

the rest is history

:)

as usual a lot of conspiracy theories from people who have no idea what happened

Leong1982

544 posts

Posted by Leong1982 > 2020-05-19 10:53 | Report Abuse

QR out soon, like Carimin today all red, next quarter bigger loss

williamtkb

3,216 posts

Posted by williamtkb > 2020-05-19 10:57 | Report Abuse

Sharks is reading.. Now their cost lower than mine.... They eat alot @16.5

nicholas99

9,847 posts

Posted by nicholas99 > 2020-05-19 10:59 | Report Abuse

ya. queue a lot at 0.165

i3lurker

13,737 posts

Posted by i3lurker > 2020-05-19 11:04 | Report Abuse

Index is Green

Brent is up

This IB server glitch just shows that people are very fearful.

gnath_77

780 posts

Posted by gnath_77 > 2020-05-19 11:06 | Report Abuse

just one caution i want to remind every innocent traders/newbies investors/retailers here, BE CAREFUL :) Operators have manipulated all O&G counters today and disposing the shares now... climbed dangerously just purely because of oil price increase without company's earning fundamentals on the company. Most of the O&G service providers are at a huge loss this year no matter what is the oil price today. Money is yours, please make your own calculated risk & decision

gnath_77

780 posts

Posted by gnath_77 > 2020-05-19 11:07 | Report Abuse

most of retailers/ikan bilis/newbies dumped healthcare/gloves yesterday & chased Energy and stuck at high margin now... all the Operators disposed them and somehow will move back to Glove & healthcare, they know the fundamentals on where is the gamble and where to move the safe bets after ripping profit on counters they fake manipulated... we also should expect some dividend & bonus from healthcare/gloves this year...Operators and Sharks are very smart & well organised than you may think :)

williamtkb

3,216 posts

Posted by williamtkb > 2020-05-19 11:10 | Report Abuse

Now system not allow me to buy and sell.... IB bully small retailers

stevenckheng

1,326 posts

Posted by stevenckheng > 2020-05-19 11:10 | Report Abuse

velesto self-Valuation @ 80 cents? so high ?

Posted by Cash_Is_King > 2020-05-19 11:13 | Report Abuse

Velesto is a stable company, not need to goreng also will up steadily. Normal price range between 20-3x cents. No harm to keep long.

Posted by armadatuah2017 > 2020-05-19 11:15 | Report Abuse

gnath 77 why you copy and paste your stupid statements and post at different forum...the statement is quite common and need not to reiterate....

i3lurker

13,737 posts

Posted by i3lurker > 2020-05-19 11:15 | Report Abuse

agree

if shark Velesto will be 10 sen already

Posted by williamtkb > May 19, 2020 11:10 AM | Report Abuse
Now system not allow me to buy and sell.... IB bully small retailers

stevenckheng

1,326 posts

Posted by stevenckheng > 2020-05-19 11:18 | Report Abuse

what is IB? i am using maybank CDS

Posted by armadatuah2017 > 2020-05-19 11:19 |

Post removed.Why?

gnath_77

780 posts

Posted by gnath_77 > 2020-05-19 11:21 | Report Abuse

@armadatuah what do you mean by "stupid statements" ? mind your words.. i repeat again, mind your WORDS

i3lurker

13,737 posts

Posted by i3lurker > 2020-05-19 11:31 | Report Abuse

retailers think 3 sen is huge coz think sharks buy huge volume
thats not how it works
Sharks make more money once its above 20 sen

Occam's Razor => The simplest reason is usually the correct one

=> IB server problem and people just panicked

Wild Speculation => I just hope that IB did not do a risk management shutdown coz many people withdrew money from IB after the Glove Game finished yesterday.

ronl98

166 posts

Posted by ronl98 > 2020-05-19 11:33 | Report Abuse

shark trade pattern can be observed at trade details. Those trade pattern is not of sardines.

i3lurker

13,737 posts

Posted by i3lurker > 2020-05-19 11:55 | Report Abuse

how to buy?

quite a lot of people shut off
thats a kind word

kicked out is a better description,
if you cannot see anything you stop buying

martinking

289 posts

Posted by martinking > 2020-05-19 12:00 | Report Abuse

who keep selling? aduiiii

gnath_77

780 posts

Posted by gnath_77 > 2020-05-19 12:02 | Report Abuse

what happened to so many sifu's here ? BRENT CRUDE & WTI future prices for June steadily dropping again

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