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 8 hours ago

Trapps

520 posts

Posted by Trapps > 2020-06-04 13:07 | Report Abuse

Rumours always killsss... glove counter spike again..

Posted by Chua Joe Beng > 2020-06-04 13:10 | Report Abuse

Posted by MoneyHeist > Jun 4, 2020 12:43 PM | Report Abuse

Is it tonight? @chua joe beng


Sorry, just noticed! They rescheduled to 10th n 11th of June.

icepumpkin

818 posts

Posted by icepumpkin > 2020-06-04 14:04 | Report Abuse

is the opec meeting tonight or?

Trapps

520 posts

Posted by Trapps > 2020-06-04 14:30 | Report Abuse

Look like will crash more....

fizz27

139 posts

Posted by fizz27 > 2020-06-04 14:46 | Report Abuse

https://oilprice.com/Energy/Crude-Oil/China-Leads-The-Global-Oil-Demand-Recovery.html


“China’s demand for gasoline and diesel are expected to increase YoY from Q3 2020 onwards,” the consultancy said at the end of May, adding that eased lockdowns and preference for commuting in personal vehicles will push gasoline demand to a quick recovery and it is likely to return to last year’s levels by June 2020.

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2020-06-04 14:53 | Report Abuse

today might close at 0.165 and tonight oil price plunge then tomoro start from 0.160 / 0.155 yahoo!

icepumpkin

818 posts

Posted by icepumpkin > 2020-06-04 14:59 | Report Abuse

then i buy again lo

jack90

278 posts

Posted by jack90 > 2020-06-04 15:23 | Report Abuse

Look into Solid Auto. Slow & steady. Disclaimer: Trade at your own risk.

Posted by SyahTrader > 2020-06-04 16:31 | Report Abuse

No show. Come back esok

Cheong25

70 posts

Posted by Cheong25 > 2020-06-04 16:31 | Report Abuse

bro is ok to invest on the counter? Newbie here

hlafdz

690 posts

Posted by hlafdz > 2020-06-04 16:38 | Report Abuse

Somebody please break that 17sen wall..

intel

107 posts

Posted by intel > 2020-06-04 16:38 | Report Abuse

sold all 0.18 yesterday. waiting to buy 0.15 - 0.155

hlafdz

690 posts

Posted by hlafdz > 2020-06-04 16:39 | Report Abuse

Yeay.. thanks for smashing that 17sen wall.. now 170:175

hlafdz

690 posts

Posted by hlafdz > 2020-06-04 16:45 | Report Abuse

Good price there @intel

anson938

1,983 posts

Posted by anson938 > 2020-06-04 16:59 | Report Abuse

ICE Brent Crude (Aug'20)
@LCO.1:Intercontinental Exchange Europe
*Data is delayed | USD
Last | 9:47:07 AM BST
39.54
-0.25 (-0.63%)

Oil rebounced back from lower

Posted by armadatuah2017 > 2020-06-04 17:51 | Report Abuse

intel. they're not going to 0.150 for sure....0.160-0.165 is still therr

Mabel

23,558 posts

Posted by Mabel > 2020-06-04 21:58 | Report Abuse

@gnath_77 gloves & PPE rally is almost over for now before coming back later... that is the reason banks have started controlling the margin player from falling into risk during this gloomy economical position for the country... focus on the next big rally... be patient
04/06/2020 9:44 AM

@gnath_77 @Mabel tell me about it... same situation... i just missed the boat to be in buy queue early for 0.170... i wanted to acquire more and hold another few weeks... i'm unable to use Rakuten & HLB as both trust funds were already fully invested...
04/06/2020 10:03 AM

I'm thinking of getting a back up right now.. Today it's the 2nd time happened.. On a very important day..

I could have collected more Gloves this morning as it was still going down. After 10 it's climbing non stop...

Likewise same with other O&G counters. Today KLCI rally and I missed a golden opportunities to trade...

Hopefully tomorrow the system behave better..

Meow

williamtkb

3,216 posts

Posted by williamtkb > 2020-06-04 22:26 | Report Abuse

Holiday mood.... Selling for sweet weekend

djibaok

1,182 posts

Posted by djibaok > 2020-06-04 22:38 | Report Abuse

If the websites / servers are down you can still call/wassap your remisier to put an order.... old school style...

icepumpkin

818 posts

Posted by icepumpkin > 2020-06-04 23:06 | Report Abuse

Today maybank platform hang. My rakuten hang at 9am and ok after 9.30am.

drgondrong

135 posts

Posted by drgondrong > 2020-06-05 00:04 | Report Abuse

They said dont put all ur bullets into one counter. The same implies to ur trading platforms :p

anson938

1,983 posts

Posted by anson938 > 2020-06-05 06:40 | Report Abuse

ICE Brent Crude (Aug'20)
@LCO.1:Intercontinental Exchange Europe
*Data is delayed | USD
Last | 11:00:00 PM BST
39.89
+0.10 (+0.25%)

Brent oil rebounce and near to record high

anson938

1,983 posts

Posted by anson938 > 2020-06-05 06:42 | Report Abuse

ICE Brent Crude (Aug'20)
@LCO.1:Intercontinental Exchange Europe
*Data is delayed | USD
Last | 11:00:00 PM BST
39.89
+0.10 (+0.25%)

Brent oil rebounce and near to record high since April
05/06/2020 6:40 AM

anson938

1,983 posts

Posted by anson938 > 2020-06-05 07:55 | Report Abuse

ICE Brent Crude (Aug'20)
@LCO.1:Intercontinental Exchange Europe
*Data is delayed | USD
Last | 1:00:00 AM BST
39.99
UNCH (0)

Baby Shark

5,913 posts

Posted by Baby Shark > 2020-06-05 08:40 | Report Abuse

Brent kena USD50 la.. otherwise cannot move

Posted by MonsterX > 2020-06-05 09:11 | Report Abuse

@Baby Shark yeah agreed

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2020-06-05 09:27 | Report Abuse

yaya 50 usd above this counter only will move, else trade ard 0.150 - 0.180!! sold 0.180 last few days, waiting for 0.155 yahoo!

koyokui

1,912 posts

Posted by koyokui > 2020-06-05 10:14 | Report Abuse

Buy beleto

gnath_77

780 posts

Posted by gnath_77 > 2020-06-05 10:24 | Report Abuse

as usual, oil speculation on the OPEC meeting bring the price stagnant at $39 for Brent & $37 for WTI... hold & wait in 2 ~ 3 weeks, you'll see how aggressive oil can climb... too many ikan bilis in gloves now doing goreng (those whom are really experienced can see it).. i will only goreng small fund there in gloves on and off for short term... my major funds are stocked at oils & consumer... i've got too many warnings from my banking counterparts for gloves... silent accumulation have started in oil & consumer stocks at current bargain price...

anson938

1,983 posts

Posted by anson938 > 2020-06-05 10:47 | Report Abuse

Start its engine now ...be ready....

Oil will uptrend again towards above 43 USD per barrel.

anson938

1,983 posts

Posted by anson938 > 2020-06-05 10:51 | Report Abuse

https://www.sinchew.com.my/content/content_2283710.html

Production cut and extend another 1 month

serpent100

216 posts

Posted by serpent100 > 2020-06-05 10:57 | Report Abuse

Why sell q everyday also big volume....?

gnath_77

780 posts

Posted by gnath_77 > 2020-06-05 10:57 | Report Abuse

i've acquired another 40k lots today at 0.17... i've disposed more shares in NYSE yesterday night and bringing the fund to Velesto to accumulate & also another consumer counter i'm targeting on...

MoneyHeist

614 posts

Posted by MoneyHeist > 2020-06-05 11:00 | Report Abuse

Wah @gnath_77 you are very rich!

anson938

1,983 posts

Posted by anson938 > 2020-06-05 11:00 | Report Abuse

Goreng oil & Gas counter again...all come back liao

gnath_77

780 posts

Posted by gnath_77 > 2020-06-05 11:01 | Report Abuse

@serpent100 not everyone is far sighted... many unable to hold and move to glove because rising, but they aren't aware of the danger waiting... its in a real dangerous position... glove was good before when it was on reasonable price... now isn't anymore... oils are in super attractive prices since they're weak... accumulate more when it is weak.. don't be scared

anson938

1,983 posts

Posted by anson938 > 2020-06-05 11:02 | Report Abuse

KNM 0.26 ,Hibiscus 0.695...Perdana 0.195...It's back...How about Velesto?

anson938

1,983 posts

Posted by anson938 > 2020-06-05 11:02 | Report Abuse

Oil might replace PPE stock start from now.

ashmira

330 posts

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

Velesto now 0.175. Velesto a bit slow. I thought can reach 0.165 so i can add another 150 lots. But i know it won't reach back 0.155 unless oil drop below 30 USD.

icepumpkin

818 posts

Posted by icepumpkin > 2020-06-05 11:08 | Report Abuse

queue so long also did not get 0.165. haiya

DChosen2

456 posts

Posted by DChosen2 > 2020-06-05 11:11 | Report Abuse

if u r smart, u should know the support now at 17 cents and you will only catch some surprised sell at 16.5 cents. Still q 16 cents n below when oil already stabilised at 40 USD..???????

icepumpkin

818 posts

Posted by icepumpkin > 2020-06-05 11:12 | Report Abuse

no surprise today. hahaha.

charlie chia

2,150 posts

Posted by charlie chia > 2020-06-05 11:12 | Report Abuse

165 a bit tough 17 is strong support

icepumpkin

818 posts

Posted by icepumpkin > 2020-06-05 11:13 | Report Abuse

yeah im not smart hehe. pumpkin head how to be smart

Posted by meiling1990 > 2020-06-05 11:13 |

Post removed.Why?

ashmira

330 posts

Posted by ashmira > 2020-06-05 11:15 | Report Abuse

haha. Well i prefer buy low a bit. At least i do help set a support at 0.165 instead let it go down to 0.155 eventhough small amount.

gnath_77

780 posts

Posted by gnath_77 > 2020-06-05 11:16 | Report Abuse

@MoneyHeist not really ler... there are more huge fund managers & above 10mil traders here

gnath_77

780 posts

Posted by gnath_77 > 2020-06-05 11:22 | Report Abuse

@anson938 actually it is... earlier PPE & glove goreng were made by institution & shark operations... now they've left & huge number of ikan bilis with small fund trading them right now since we have huge retail participation... that will collapse once they lose patience... huge fund owners & institutions still control the stock... MCO lifting will have some impact there as well... consumer & oil rally is awaiting goreng by big fund managers soon.. make sure accumulate while it is low, not when it is climbing aggressively... u should dispose when thing climb very aggresively at some point

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