Posted by mf > 2020-05-26 13:10 | Report Abuse

Oil prices rise on supply cut hopes, easing of coronavirus lockdowns

Posted by Godofgambler > 2020-05-26 13:25 | Report Abuse

Oil price getting high...
Velesto will reach high

Posted by lollipopkan > 2020-05-26 14:56 | Report Abuse

Brent: $36.26
WTI: $34.47

Posted by Expertise > 2020-05-26 15:12 | Report Abuse

wow keep climb to usd40...good sign

Posted by DChosen2 > 2020-05-26 19:51 | Report Abuse

But Velesto made me disappointed everytime oil price rises.

Posted by Chong Betta > 2020-05-26 19:52 | Report Abuse

@DChosen2, Agreed...so let's us don't expecting anything .. if it want to up, it will up....

Posted by Twowah123 > 2020-05-26 20:15 | Report Abuse

Good. Tmrw gonna buy if drop again.

Posted by lunny94 > 2020-05-26 20:18 | Report Abuse

Look it as mid-long term.
If you enter at a good entry price, you got nothing to lose.

If drop, top up extra

Posted by DChosen2 > 2020-05-26 20:27 | Report Abuse

Oil price up, velesto should up .. if down something not right and dare to top up again even at low. If once or twice maybe be there is some sort of manipulation. But if the situation persists, i think should go for other counters.

Posted by Allantanks > 2020-05-26 20:28 | Report Abuse

Try harder..... I am not going to sell. Imagine now high it will shoot. Gathering power now.

Posted by Allantanks > 2020-05-26 20:41 | Report Abuse

Very soon, wti price will surpass the highest wti price on on 9March, 34.88. And Brent oil will definitely goes beyond 38.34, the highest price on 9 march as well. And then, enjoy the skyrocketing show.

Posted by mf > 2020-05-26 21:41 | Report Abuse

Oil prices climb as faith in supply cuts grows

Posted by Allantanks > 2020-05-26 21:44 | Report Abuse

But this counter siao siao one also. Haha. Contra kaki don't come. Lol lose die.

Posted by JJchan > 2020-05-26 22:43 | Report Abuse

Dow breaching 25,000 is a vote of confident. Usually Oil climbs together with Dow.

Posted by ashmira > 2020-05-26 23:11 | Report Abuse

Good things will happen tomorrow. Lucky collect all stocks last Friday.

Posted by Minachii3 > 2020-05-26 23:27 | Report Abuse

I have collected enough waiting for it to ripen ! Boom !

Posted by Alan Punpipi > 2020-05-27 06:28 | Report Abuse

https://www.reuters.com/article/us-china-oil-stockpiling-ine/chinas-hermit-investors-fill-doubled-oil-storage-with-crude-bet-idUSKBN2310GS

Posted by Alan Punpipi > 2020-05-27 06:39 | Report Abuse

Brent: $36.06 (2.65%)
WTI: $34.09 (2.53%)

Posted by Yeo Michael > 2020-05-27 07:46 | Report Abuse

Crude oil future going down this morning, waiting opportunity to buy later

Posted by limkokthye > 2020-05-27 07:55 | Report Abuse

valesto will be sumatec

Posted by IronShirt > 2020-05-27 08:23 | Report Abuse

China stockpile bcoz Oil might hit 100. Once Drill Rig Decommissioned, it take 6 months to bring
it back to full production......They pour Cement to plug Oil well Holes

Posted by majuJayaInsyaAllah > 2020-05-27 08:30 | Report Abuse

Today hit 0.25, no looking back

Posted by mf > 2020-05-27 08:31 | Report Abuse

Stocks rise on vaccine hopes

Posted by germaice > 2020-05-27 09:19 | Report Abuse

In covid worst sector demand drop like commodities crude oil,oil palm,property,banking loan and tourism

Posted by germaice > 2020-05-27 09:19 | Report Abuse

New normal this sector healthcare,Internet based e-commerce , API mobile marketplace ,delivery services and video conference beneficiary from covid19

Posted by armadatuah2017 > 2020-05-27 09:22 | Report Abuse

limkok Velesto can never be like in Sumatec....Velesto is PNB's, Malaysia government owned...

Posted by armadatuah2017 > 2020-05-27 09:23 | Report Abuse

performance for this year is secured but not for 2021......accumulated at lower price than PNB......what is there to worry..

Posted by armadatuah2017 > 2020-05-27 09:28 | Report Abuse

Im still figuring how does this capital reduction work...2B of shares will be cancelled and returned the cash back to shareholders..it had yet to happen in KLSE...they're going to sell a lot of assets to do that and they need to sapu outstanding shares from market or reduction of all shareholders which will consolidate the equivalent price per shares.. consolidation is good to make the price easier to move..

Posted by Twowah123 > 2020-05-27 10:12 | Report Abuse

oil price ony have 1 direction. is UP. all corrective measure has been applied plus many economy sector has been open worldwide. recent QR good. All positively will only show uptrend. Anyway is down i will add more....

Posted by 00Bike > 2020-05-27 10:26 | Report Abuse

can someone helps to explain.
during pre market open, there are buy and sell prices that are not realistic. eg this morning buy velesto at 0.20.
can this be matched?
if price is higher than limit high price, can it still be matched.
if yes does it mean trading will be suspended for this stock?

another question.
if buy % is 0, means no match no transaction?
but the no match volume is still added to accumulated volume?

tq

Posted by TuhanSaham > 2020-05-27 10:29 | Report Abuse

Share capital reduction is basically just using share capital to reduce accumulated losses. No need to sapu outstanding shares.

Posted by MoneyHeist > 2020-05-27 10:37 | Report Abuse

Thinking of buying son. Should i? 0.07. Im owning mother 100k already.

Posted by MoneyHeist > 2020-05-27 10:38 | Report Abuse

Should i top up mother or son now?

Posted by loyalok > 2020-05-27 11:24 | Report Abuse

Tuhansaham,what is impact after share capital reduction?accumulate loss is 2.130113B ,if court approve 2.21B share reduction,then do the balance will return to shareholder ?

Posted by jeccy > 2020-05-27 11:37 | Report Abuse

read
http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=199839&name=EA_DS_ATTACHMENTS

Posted by loyalok > 2020-05-27 11:41 | Report Abuse

tks Jeccy

Posted by Smart2Win > 2020-05-27 11:57 | Report Abuse

There's no reduction in the number of shares that shareholders own. Only they use the shares paid up capital to pay for the impairment that make the account to report less loss, which is good.

Posted by Alan Punpipi > 2020-05-27 13:03 | Report Abuse

wah seong is another interesting Oil and Gas counter...its a hidden gem

Posted by AlanOmega > 2020-05-27 13:04 | Report Abuse

Measures to weather uncertain quarters ahead.

Posted by EdenOfSaudi > 2020-05-27 13:42 | Report Abuse

Faster climb Velesto ! Go 0.2 and above !

Posted by TuhanSaham > 2020-05-27 13:54 | Report Abuse

@loyalok, the balance will become retained earnings. The reason they are doing this is because they intend to pay dividend in the future.

Posted by EdenOfSaudi > 2020-05-27 14:12 | Report Abuse

@TuhanSaham haha, I burst out laughing on the dividend part.

Posted by jeccy > 2020-05-27 18:03 | Report Abuse

the losses are due to high impairment, depreciation of value of assets, I don't see any reason why share capital reduction as to have possible dividend payment in future as laughable.

Posted by JJchan > 2020-05-27 18:58 | Report Abuse

high impairment & Depreciation Doesn't involved Cash

Posted by Mabel > 2020-05-27 20:54 | Report Abuse

Volume very good...

Maybe operator is still collecting..

Wait lah sure up one...

Meow

Posted by JoshuaMS7 > 2020-05-27 21:11 | Report Abuse

yaya just keep collect when it's dropping, armada, knm are far far with velesto, velesto sure go above 0.200!

Posted by Yeo Michael > 2020-05-28 07:38 | Report Abuse

Buy buy buy, oil price heavy drop. Opportunity, but don't know when is the bottom

Posted by MichelleNg > 2020-05-28 07:55 | Report Abuse

Waiting for sales @15cents today

Posted by williamtkb > 2020-05-28 08:28 | Report Abuse

Today sales day. I will place 14cents

Posted by JayC88 > 2020-05-28 08:31 | Report Abuse

buy when red