Posted by Mabel > 2020-06-02 00:55 | Report Abuse

If no of shares is low you won't get 16 sen, it will be RM 160...

Meow

Posted by MichelleNg > 2020-06-02 01:17 | Report Abuse

Waiting crude oil break usd40...then velesto will above 20cents...glove bubble going to burst as crude oil price keep going up

Posted by serpent100 > 2020-06-02 06:50 | Report Abuse

https://www.theedgemarkets.com/article/contract-revision-overtakes-impairment-main-concern-og-firms

In a recent note, CGS-CIMB Research said Petronas’ continued employment of four rigs — a leading indicator of the health of the industry — owned by Velesto is now in question.

Posted by Twowah123 > 2020-06-02 08:37 | Report Abuse

Slow like tortoise but still up. Not bad ...

Posted by NewStockerBuz > 2020-06-02 08:57 | Report Abuse

lol i know ur feeling @twowah123

Posted by dariustcp > 2020-06-02 09:01 | Report Abuse

Today is a good day! :D

Posted by MonsterX > 2020-06-02 09:13 | Report Abuse

Brent crude oil already 38.54 USD but still cannot break 0.17. why?

Posted by MoneyHeist > 2020-06-02 09:13 | Report Abuse

Relax. Good things have to wait..

Posted by JJchan > 2020-06-02 09:30 | Report Abuse

https://oilprice.com/Energy/Oil-Prices/This-Could-Be-The-Beginning-Of-A-Tremendous-Oil-Rally.html

Shale is coming to a End come December 2020 if you believe above 40years Old experience Oilman author. Velesto jack-up Rigs will Run 100% in 2021. Oil Hits $100 due to lack of investment
during Covid period

Posted by NewStockerBuz > 2020-06-02 09:33 | Report Abuse

actually this counter
i dun und
it doesnt impact by anything or news

is like controlling by someone

Posted by NewStockerBuz > 2020-06-02 09:52 | Report Abuse

this counter will never gv u heartatk
cz they are so slow moving until you wouldnt even realize

steady counter at least

Posted by questnetter > 2020-06-02 10:06 | Report Abuse

as the saying goes, slow and steady win the race :)

Posted by ashmira > 2020-06-02 10:13 | Report Abuse

Seem like someone collecting beween 0.155-0.165. Don't want to push to 0.170. Huge sell at 0.170.

Posted by wjc4195 > 2020-06-02 10:13 | Report Abuse

getting out at .17

Posted by ashmira > 2020-06-02 10:14 | Report Abuse

But it's ok, we know velesto is always lagging behind perdana and knm, Put some portion here, another portion already at UZMA, KNM and Hibiscs.

Posted by gnath_77 > 2020-06-02 10:27 | Report Abuse

good moves for those whom moved the fund here the last 2 days, wise :)

Posted by armadatuah2017 > 2020-06-02 10:44 | Report Abuse

wise? considered wise if you bought below 0.120, 0.140 is moderate, 0.140 - 0.160 are newbies... 0.160 above is retailers who will be trapped and most will cut loss when it reqches 0.140

Posted by armadatuah2017 > 2020-06-02 10:46 | Report Abuse

ashmira, you're just cheerleaders...where there's seller at 0.170, look at the volumes, sellers are at 0.165.....omfg..

Posted by armadatuah2017 > 2020-06-02 10:48 | Report Abuse

fake seller at 0.170......throwing at 0.165....

Posted by ashmira > 2020-06-02 11:39 | Report Abuse

@armadatuah2017, Yes i already know that. That is the buyers at 0.150-0.155. Just now this morning purposely block at 0.170. When they saw buyers is not strong enough at 0.170. Then they throw at 0.165. The price drop to 0.160 as buyers at 0.165 is not strong enough to cover 50M fake sell volume at 0.170. So they will might be throw again at 0.165 and try to push back to 0.155 or if not enough buyers. Even i will do that if got big fund i will do that so i'm always can buy cheap. - Just my hypothesis. That why i didn't pull all money in Velesto. Just a portion and still keep since 0.135. I'm looking its to drop below 1.0 if possible so can collect more.

Posted by ashmira > 2020-06-02 11:54 | Report Abuse

But chill out, eventually it will go up. For me O&G is mid term, keep it 1-6 months. But don't forget set notification alert on your TP.

Posted by Allantanks > 2020-06-02 12:45 | Report Abuse

hold hold hold. Don't sell.

Posted by Trapps > 2020-06-02 13:21 | Report Abuse

OPECT tens to bring bad news than good news, that y many ppls want to cash out

Posted by roger3210 > 2020-06-02 13:41 | Report Abuse

buy buy buy

Posted by PVTHSD92 > 2020-06-02 14:48 | Report Abuse

Only velesto is moving slow, the rest of oil counter move faster. Apa ni

Posted by serpent100 > 2020-06-02 15:15 | Report Abuse

Q sell so so many

Posted by hlafdz > 2020-06-02 15:28 | Report Abuse

Velesto got magic one.. even Big Wall selling at 17sen can collapse when IB start buying.

Posted by williamtkb > 2020-06-02 15:29 | Report Abuse

Yeah... Collecting below 17cents

Posted by takashi3145 > 2020-06-02 15:44 | Report Abuse

it is no matter u collect low or even Brent oil is over $40..the big problem is Big Wall is not letting it go at 17sen..

Posted by ashmira > 2020-06-02 16:06 | Report Abuse

Just wait end of the day, might be that 0.17 will dump to 0.165 and then close at 0.16. Later tomorrow open back at 0.165 and then same thing happen. Queue sell at 0.17. haha. So funny. Things will repeat if someone cut loss at 0.16 and 0.155 and sell to them.

Posted by ashmira > 2020-06-02 16:08 | Report Abuse

Then they queue back at 0.155 and 0.160. Someone sold to them and history repeat again.

Posted by penniless_anchovy > 2020-06-02 16:25 | Report Abuse

gimme back my money & ill be out of here

Posted by djibaok > 2020-06-02 16:32 | Report Abuse

Taiko 4.30pm oni come

Posted by hlafdz > 2020-06-02 16:33 | Report Abuse

17sen Great Wall smashed to the Ground.. come on 18 sen..!!

Posted by howhl88 > 2020-06-02 16:34 | Report Abuse

Majority of O&G are doing capex cuts which will reduce OG production. It is possible that OG oversupply might be in shortage some time after.
Read more:

https://oilprice.com/Energy/Oil-Prices/Oil-Markets-Could-Soon-Face-A-Devastating-Supply-Crunch.html

Posted by howhl88 > 2020-06-02 16:35 | Report Abuse

17 cents resistance is broken

Posted by djibaok > 2020-06-02 16:35 | Report Abuse

Fuh one blink 10 M sell queue disappear.... hebatt abg long tiger kita main sehemm.....

Posted by Happy_lucky > 2020-06-02 16:35 | Report Abuse

Can try hengyuan 4324 .Hengyuan now is better than other o n g company ,because that only focus on the refining . The profit depends on crack spread, when the crude oil price decrease ,the cost will decrease and increase the crack spread profit but demand will decrease and the sale of volume also decrease. When the crude oil price increase, crack spread will be narrow but the demand will increase, demand increase and the sales of volume will increase , so overall increase the profit. History will come back from Rm2 to RM19. Super undervalue. Can limit up due to only 300 millions share. last chanse to get cheap price.

Posted by Akukakijudi > 2020-06-02 16:37 | Report Abuse

It squirted

Posted by MonsterX > 2020-06-02 16:38 | Report Abuse

I think velestor has started their engine!

Posted by penniless_anchovy > 2020-06-02 16:40 | Report Abuse

nice one..

Posted by azlan2810 > 2020-06-02 16:45 | Report Abuse

1...2...sprint

Posted by djibaok > 2020-06-02 16:48 | Report Abuse

Esok kasi tutup above 0.20 laar tailong...

Posted by Twowah123 > 2020-06-02 16:48 | Report Abuse

Huatt ahhh huatt ahh. What a huatt ahhhh !!!

Posted by Mabel > 2020-06-02 17:19 | Report Abuse

Meow Meow Meow

Posted by serpent100 > 2020-06-02 17:20 | Report Abuse

Normally think up will drop... Just think positive

Posted by mf > 2020-06-02 17:22 | Report Abuse

Trump And Putin Discuss The Future Of The Oil Market
By Julianne Geiger - Jun 01, 2020, 6:30 PM CDT

Posted by JJchan > 2020-06-02 17:23 | Report Abuse

Opec+ meeting is in thurs (4 June)---2 more days of rally----will breach 20cents

Posted by Godofgambler > 2020-06-02 17:30 | Report Abuse

Velesto alsoy favourite...full potential..

Posted by williamtkb > 2020-06-02 17:33 | Report Abuse

my sell queue will be above 22cents... Now only place buy queue below 17cents... Big elephant cannot move fast. Move too fast will fall down