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

Huat8huat8

149 posts

Posted by Huat8huat8 > 2020-06-05 11:23 | Report Abuse

Velesto has become atm for some people lo. They buy sell buy sell play u all until lose patience lol

Posted by Winner 2016 > 2020-06-05 11:24 | Report Abuse

after Armada, KNM, Hibiscs... of Course Velesto

Huat8huat8

149 posts

Posted by Huat8huat8 > 2020-06-05 11:26 | Report Abuse

Not really can move de. This is snail bull. Lol maybe 10 years wait long long

DChosen2

456 posts

Posted by DChosen2 > 2020-06-05 11:28 | Report Abuse

Simple observation u can make between PPE & Gloves between Oil counters is that ... the former based on speculation and the latter based on fundamental which is oil price. Most of the PPE Gloves counters share price spike to new high but oil counters plunges to new low. The former is catching height of uncertainties but the latter moving back to its normality .. it says all though.

Posted by desmond1996 > 2020-06-05 11:31 | Report Abuse

0.165 even i queue from yesterday but still unable to get it

Huat8huat8

149 posts

Posted by Huat8huat8 > 2020-06-05 11:33 | Report Abuse

Fundamental and human greed. Always the later wins one. Many people will keep buying and selling same day or contra. Hahaha. 10 years la. Sure up. So many q and sell already tell u that. Be more patient. Wait long long sure win.

Huat8huat8

149 posts

Posted by Huat8huat8 > 2020-06-05 11:35 | Report Abuse

U get 0.165 then u will also sell 0.17 0.175 and buy back. Why waste time here. Other stocks sky rocket d. I lost my chance d. Lol. Sold ecoworld at 4 and change to velesto. Get average 0155. Lol. Now see this situation, I also wanna cry. May sell all before 1230. Only 150 lots. Not much.

gnath_77

780 posts

Posted by gnath_77 > 2020-06-05 11:36 | Report Abuse

@Huat8huat8 do you want to have a bet ? :P hahha... if it never move on almost near or on par with Armada & Hibiscus in terms of %, i'll stop trading for life & also pay you 10k ? deal ? haha

Posted by cocdaddy > 2020-06-05 11:37 | Report Abuse

oil up, plantation is next

DChosen2

456 posts

Posted by DChosen2 > 2020-06-05 11:38 | Report Abuse

Dont short .. long it and definitely u will earn for all share except PPE and Gloves counters..

gnath_77

780 posts

Posted by gnath_77 > 2020-06-05 11:41 | Report Abuse

@Huat8huat8 are you ? i'm okey to increase the bet from 10k to 100k cash... real bet, deal ?

Huat8huat8

149 posts

Posted by Huat8huat8 > 2020-06-05 11:42 | Report Abuse

Don't bet la. I sibek sui. Just lose glove. Lol I also hope u win and prove me wrong.

Huat8huat8

149 posts

Posted by Huat8huat8 > 2020-06-05 11:43 | Report Abuse

Gnath, u so rich, ho break the wall. See today can reach. 185 bo.

gnath_77

780 posts

Posted by gnath_77 > 2020-06-05 11:47 | Report Abuse

@Huat8huat8.... haha... okey okey bro... chill :) anyway, i made a staggering number in Careplus & Adventa... almost 6x of my net cash worth, much higher than my previous record during the subprime crisis back in 2008... u just need to know when to enter & exit... don't worry learn with the experience... glove will be still lucrative again but u need to re-arrange back the re-entry price point and re-entry timing...

gnath_77

780 posts

Posted by gnath_77 > 2020-06-05 11:51 | Report Abuse

0.245 is relatively easy once there is a crude oil price that i'm personally targeting... which is achievable... just not sure when... but coming... (as long as Trump don't escalate the situation with China, somehow he is more volatile than oil)

gnath_77

780 posts

Posted by gnath_77 > 2020-06-05 11:55 | Report Abuse

and also don't just linger in oil alone... diversify on the consumer site as well.. for eg, chocolate manufacturer, fibre companies (5G) willl be next... etc

MoneyHeist

614 posts

Posted by MoneyHeist > 2020-06-05 11:59 | Report Abuse

Just to add on @gnath_77 i think Pos Malaysia also is good to look at. I think. Do read up the news on them. Looks promising

Huat8huat8

149 posts

Posted by Huat8huat8 > 2020-06-05 12:00 | Report Abuse

So pandai u earn money. Glove I Enter at the wrong timing. Because all money here mah.... Geram betul. Once enter out pula the margin cap. Down 30 percent. Up back, sold all. I so sui, if I sold this share today, maybe it will up tmr. Lol

Huat8huat8

149 posts

Posted by Huat8huat8 > 2020-06-05 12:02 | Report Abuse

Last time I also think eggs promising..... As many people say so.... Buy eggs then....

DChosen2

456 posts

Posted by DChosen2 > 2020-06-05 12:03 | Report Abuse

@Huat8huat8 u biggest problem is not enter at wrong time. Is u kept on shorting your share.

gnath_77

780 posts

Posted by gnath_77 > 2020-06-05 12:13 | Report Abuse

@MoneyHeist yes... i already enter at 0.60 and exit at 1.00 some time ago in early May on POS.... they're doing better but just certain segment of their portfolio is impacted due to pandemic.. i know quite a number of companies quite well.. no matter how good is a company, remember, the key is identifying when to enter & when to exit.. because the problem now is the share/stock market nowadays is different from back then... with more retail participation & more tech savy population, it is totally detached from the fundamental reality of the company, it is the same fate in NYSE... it have become more of a digital casino, accept the fact :) given the current situation, if it was 5 years ago, stock sentiments were different.

gnath_77

780 posts

Posted by gnath_77 > 2020-06-05 12:16 | Report Abuse

very less people are INVESTING like those days with companies... with dynamic business outlook for any companies, long term, is a ticking time bomb on your wealth... it is more of a GAMBLING already now

MoneyHeist

614 posts

Posted by MoneyHeist > 2020-06-05 12:20 | Report Abuse

@gnath_77 you are right. Speaking from very experience man. Hehe i am newbie here. But thanks for the wise words man. Btw i entered Pos quite late but gonna hold for a bit longer. Hehe all the best to you! Stay safe

icepumpkin

818 posts

Posted by icepumpkin > 2020-06-05 12:21 | Report Abuse

genting is closed, all move to stock market.

gnath_77

780 posts

Posted by gnath_77 > 2020-06-05 12:24 | Report Abuse

@Chua Joe Beng higher unit value shares will move up/down much visibly than low value stocks... but the nett percentile gain % will be almost same on the next tick up for valesto... i think u guys have to understand this... it is same for Armada... from the opening price...

DChosen2

456 posts

Posted by DChosen2 > 2020-06-05 12:24 | Report Abuse

now the economy at its downturn .. so basically what shares u buy u will eventually gain when the economy starts picking up. Just buy those which plunged and the price still remain attractive compared to previous months before the pandemic outbreak. Just dont f**ing short your share for short term gain. Will get burnt

Posted by Winner 2016 > 2020-06-05 12:27 | Report Abuse

maybe afternoon velesto will lead the oil platform fly to sky

gnath_77

780 posts

Posted by gnath_77 > 2020-06-05 12:28 | Report Abuse

all counters increase notably 4.5% to 7% from the open price... stay calm & patient :) the multiplication effect of funds that were lower will be more later compared to the other higher value shares... ( eg, look at gloves... when everybody rushed for top glove, supermax, comfort, i decided to acquire Careplus instead... the lowest a that time... movements were not as good as others, but when u wait... the multiplication effect on the delta is higher when Careplus started rising )

aiman168

799 posts

Posted by aiman168 > 2020-06-05 12:44 | Report Abuse

Yes.no patient no gain.but I goreng kaki Oso...win win

Posted by Chua Joe Beng > 2020-06-05 12:51 | Report Abuse

haha, v all goreng oso tracking d oil price!

Huat8huat8

149 posts

Posted by Huat8huat8 > 2020-06-05 13:08 | Report Abuse

Sold all . Good luck everyone. Hope I bring u all good luck. Take all profit first.

Ron90

4,082 posts

Posted by Ron90 > 2020-06-05 13:11 | Report Abuse

its time for oil counter to rumble.. ..before change of government again..huhu

gnath_77

780 posts

Posted by gnath_77 > 2020-06-05 13:13 | Report Abuse

yeap... oil goreng very easy... just put your bet on crude oil price :) unlike other counters... end of the day, you know oil will sure go up one day, very crazily before correcting back... coz supply is severely cut right now... storage i quite high but there will be a supply glut later before correcting on the supply - demand... oil need to sustain at $60 at least to convince sustainability of the shale production companies & about $75 for offshore production... else more companies will shy away from producing causing severe collapse of supply chain... take the opportunity to ride the goreng

gnath_77

780 posts

Posted by gnath_77 > 2020-06-05 13:14 | Report Abuse

@Huat8huat8 sure, good luck for next ! :)

gnath_77

780 posts

Posted by gnath_77 > 2020-06-05 13:18 | Report Abuse

@Ron90 yes, actually you are right... i also already planned to pull all my funds from KLSE on July 10th... some panic is expected after July 10th onwards...

dniap

447 posts

Posted by dniap > 2020-06-05 13:24 | Report Abuse

Sure after 10th July down? I think skyrocket boom after. ...guess only ya. Wait 10th July lor

gnath_77

780 posts

Posted by gnath_77 > 2020-06-05 13:30 | Report Abuse

@dniap not come down... but uncertainty expected... klci index may not come down badly as before as most of the foreign funds are already gradually out since 2018... local funds are supporting at a staggering number... so, local sentiment will keep it afloat on either Gov... i prefer to stay away from the uncertainty for 2 or 3 weeks before moving back

jhwh0306

33 posts

Posted by jhwh0306 > 2020-06-05 14:51 | Report Abuse

Brent breaks 40 gain. Opec meeting will be held on 9 June. Rumor has it very positive for them to extend oil cuts. 50per barrel coming sooner or later.

JJchan

7,182 posts

Posted by JJchan > 2020-06-05 15:08 | Report Abuse

https://oilprice.com/Latest-Energy-News/World-News/Russias-Energy-Minister-Sees-Shortage-In-Oil-Market-Next-Month.html

Russian Oil Minister is Shortage in July-----Buy before another Rally

DChosen2

456 posts

Posted by DChosen2 > 2020-06-05 15:31 | Report Abuse

If u observe the q, 17 cents (operators-buyer) v 17.5 (retailers-seller). Shark buying and Ikan Bilis cabut .. hoho

Posted by armadatuah2017 > 2020-06-05 15:45 | Report Abuse

Ya..and the retailers will return with higher costs...they take profit at low margin but cut loss at higher deficits...so damn weird

IronShirt

3,178 posts

Posted by IronShirt > 2020-06-05 15:57 | Report Abuse

Brent going 41 and maybe 42 tomorrow

dzells

32 posts

Posted by dzells > 2020-06-05 15:59 | Report Abuse

Brent Oil

40.86 +0.87 +2.18%

fizz27

139 posts

Posted by fizz27 > 2020-06-05 16:06 | Report Abuse

Please drop more. Want to collect more

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2020-06-05 16:18 | Report Abuse

yaya waiting at 0.165 today and 0.155 monday! yahoo!!

icepumpkin

818 posts

Posted by icepumpkin > 2020-06-05 16:26 | Report Abuse

i did not get at 16.5

Posted by SyahTrader > 2020-06-05 16:32 | Report Abuse

Someone somewhere...collecting at 17cents like wanna party till next year. Bila mau goreng ini macam?

fizz27

139 posts

Posted by fizz27 > 2020-06-05 16:37 | Report Abuse

want to get 0.17 also hard now.haihhhhh

gnath_77

780 posts

Posted by gnath_77 > 2020-06-05 17:13 | Report Abuse

Brent is at $41.13 dollar now :) same rally for WTI those long term, please hold till it reach $60 dollar before disposing

DChosen2

456 posts

Posted by DChosen2 > 2020-06-05 17:19 | Report Abuse

like I said.. dont short.. keep long and u will earn

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