Posted by williamtkb > 2020-06-07 21:25 | Report Abuse

No worry tomorrow DJ will turn red. Tuesday can get sales

Posted by PabloDsilva > 2020-06-08 00:59 | Report Abuse

Well, oil price is definitely going to increase as many countries has been easing down their borders. Velesto definitely will gain from this as they are being in the downstream business as well.

Posted by Mabel > 2020-06-08 06:34 | Report Abuse

Velesto is doing upstream business.. Serba, Dayang, KNM, Dialog etc are Downstream Business.

Upstream will go well too with increasing oil price.. In fact much better than Downstream..

Meow

Posted by Steady Punpipi > 2020-06-08 06:57 | Report Abuse

Brent 43!

Posted by Goodprofit > 2020-06-08 07:16 | Report Abuse

Sure TP 30sen

Posted by Huat8huat8 > 2020-06-08 07:19 | Report Abuse

tmr... I will cry first... Unless velesto continue its sluggish 0.165 0.170

Posted by nasrulfahmi > 2020-06-08 08:32 | Report Abuse

wow...can go up

Posted by anson938 > 2020-06-08 10:25 | Report Abuse

ICE Brent Crude (Aug'20)
@LCO.1:Intercontinental Exchange Europe
*Data is delayed | USD
Last | 10:14:09 PM BST
42.43
+0.13 (+0.31%)

Posted by IronShirt > 2020-06-08 10:57 | Report Abuse

All those Low, Low Tp given by {bankers} are bzos uncertainty in Oil price. Now Oil price is certain
to climb to $70......All Bankers are now hiding in their mother's toilet

Posted by Gaussian > 2020-06-08 11:23 | Report Abuse

“Velesto Energy Bhd was one of the first listed contractors to guide for a bleak local rig outlook and this may see a spillover to the other upstream value chain, asset utilisation and contractual rates, ” it said in a research report yesterday.

It said this was reminiscent of the 2015 to 2017 period when sector valuations constantly hit new lows in tandem with earnings, despite a recovery in the oil price from US$27 per barrel at the end of 2015 to US$60.

Last Friday, Petronas announced that it planned to reduce its capital expenditure (capex) by 21% and operating expenditure (opex) by 12%.

Posted by DChosen2 > 2020-06-08 11:24 | Report Abuse

Next support will be 18 to 18.5c as Brent stabilises at 42USD.

Posted by anson938 > 2020-06-08 11:27 | Report Abuse

ICE Brent Crude (Aug'20)
@LCO.1:Intercontinental Exchange Europe
*Data is delayed | USD
Last | 4:15:11 AM BST
42.87
+0.57 (+1.35%)

Toward above USD 43 per barrel

Posted by Chua Joe Beng > 2020-06-08 11:28 | Report Abuse

sure or talk only? I heard that many times!

Posted by IronShirt > 2020-06-08 11:30 | Report Abuse

Petronas is a very small Co. compare to Saudi + Russia. Even Saudi cannot predict Oil direction
how can Petronas see any lights in the tunnel. Once World economy stabilised, everyday you
will see new announcements

Posted by Expertise > 2020-06-08 11:32 | Report Abuse

tomorrow open 20cents....tonight oil will spike to usd45 yahoooo yahooo

Posted by Kent33888 > 2020-06-08 12:06 | Report Abuse

Going up slowly... Just buy and sit in the transit

Posted by Santiago > 2020-06-08 12:09 | Report Abuse

Buyyyyyyy!! Easily 20 cents this week!

Posted by JJchan > 2020-06-08 12:20 | Report Abuse

Although No. of shares (free float) is around 8Bil (heavy weight), PNB + 30 major sharesholder had
cornered about 75%( as annual report said)----Give or take about 1 Bil is swimming around plus
portion unloaded by EPF.-----Without EPF and Bankers taking a part of the free float, ikan bilis +
contra players are always slip / sliding along the path.
However as Oil price improves, syndicate and margin holders might move in next week. These 2
heavy weight might send price ringing at 50 cents

Posted by Lewis Lee > 2020-06-08 12:27 | Report Abuse

I can guarantee you this :-
Once all Oil & Gas share prices go up in the future, all f* king stupid analysts will queueing up to UP their TP more or less close to share price with "twist and turn" funny stupid stories like , how many percent of sum of parts lah, PE lah, percent of NTA lah .... up to them to manipulate and write as they like !!
Like that a monkey also know how to write lah !!
08/06/2020 12:26 PM

Posted by anson938 > 2020-06-08 12:31 | Report Abuse

ICE Brent Crude (Aug'20)
@LCO.1:Intercontinental Exchange Europe
*Data is delayed | USD
Last | 5:17:11 AM BST
43.02
+0.72 (+1.70%)

Posted by serpent100 > 2020-06-08 12:36 | Report Abuse

WTI US$40

Posted by Lewis Lee > 2020-06-08 12:54 | Report Abuse

amongst all O&G shares, this counter is the most neglected one !
The only hope is, crude oil price stable to USD60, then the share price can only UP !!

Posted by Huat8huat8 > 2020-06-08 13:02 | Report Abuse

it is such a beautiful sight to watch the oil price climbing up each time it face any deep slump. The oil prive will definitely reach agleast 70 with such a momentum.

Posted by mf > 2020-06-08 13:10 | Report Abuse

Oil prices inch higher, 1-month supply cut extension falls short of market hopes

Posted by Godofgambler > 2020-06-08 15:51 | Report Abuse

Lewis most neglected one is Perdana...
Super gem stock in waiting...

Posted by nasrulfahmi > 2020-06-08 15:57 | Report Abuse

tomorow sure will up

Posted by AnchoviesswimwithSha > 2020-06-08 16:03 | Report Abuse

I've been keeping this stock, finally, tomorrow will be the time for me to collect my money :)

Posted by Pcmont123 > 2020-06-08 17:41 | Report Abuse

Tomolo break 0.185 and closed o.165.........shiol or not??????

Posted by Majdisyamim > 2020-06-08 18:36 | Report Abuse

Yes can see it’s coming

Posted by Steady Punpipi > 2020-06-08 18:44 | Report Abuse

Waseong ( 5142 )another hidden O & G gem lagging behind its peers in term of fair valuation ...take note tmr opening ya...all in kikiki

Posted by giinyang520 > 2020-06-08 19:41 | Report Abuse

Definitely it's a long term gold mine. Those play contra or short term gainer no need cry over loss

Posted by giinyang520 > 2020-06-08 19:42 | Report Abuse

@pcmont break or not tmr is doubtful as this stock heavy manipulate by big player but trust me this gold mine will shine in upcoming days

Posted by Shines > 2020-06-08 19:50 | Report Abuse

Can jump start to 20 sen tomorrow?

Posted by JoshuaMS7 > 2020-06-08 20:44 | Report Abuse

sure cannot!! but i think might open high and close lower again!! this counter is elephant counter..

Posted by fizz27 > 2020-06-08 20:49 | Report Abuse

Please drop more tomorrow. I want to collect more

Posted by Yeo Michael > 2020-06-08 21:09 | Report Abuse

What go wrong, wti crude oil drop more than 2%. Mayday mayday..... Tomorrow run run...

Posted by DChosen2 > 2020-06-08 21:15 | Report Abuse

It is normal .. correction after more than 3 USD surge in less than 2 days, nothing to panic. If it continues rally, that what u need to worry.

Posted by MichelleNg > 2020-06-08 21:57 | Report Abuse

Tomorrow limit up?

Posted by limitupupup > 2020-06-08 21:58 | Report Abuse

haha im grabbing popcorn waiting ppl to bash O&G here, brent oil crude oil dropping d how how

Posted by emil > 2020-06-08 22:01 | Report Abuse

BP to cut 10,000 jobs because of oil price crash..
https://edition.cnn.com/2020/06/08/business/bp-job-cuts/index.html

Posted by Winner 2016 > 2020-06-08 22:11 | Report Abuse

harga minyak naik 4 minggu sudah... tak turun pun。。。

Posted by Yeo Michael > 2020-06-08 22:19 | Report Abuse

Go down to 3% again, crude oil crush..

Posted by Yeo Michael > 2020-06-08 22:23 | Report Abuse

History repeat so fast

Posted by nasrulfahmi > 2020-06-08 22:24 | Report Abuse

hope price go up tomorrow

Posted by spidyxero > 2020-06-08 22:25 | Report Abuse

lol.opec+ already a positive result on Monday morning(Malaysia time).how come Monday Night erase back the gain made by morning, pity KLSE close today close if not can take profit already.

Posted by Pcmont123 > 2020-06-08 22:31 | Report Abuse

Kanasai why my so many holidays one........if not holiday....can earn money already.......please lah

Posted by PVTHSD92 > 2020-06-08 22:39 | Report Abuse

Ada naik ada turun baru safe. Asyik naik tu yang berbahaya.

Posted by lanikai > 2020-06-08 22:40 | Report Abuse

Aiyaaa Crude oil down lah. How to goreng. See us oil stocks now some of them are dropping.

Posted by lanikai > 2020-06-08 22:44 | Report Abuse

Velesto the most boring stock ever.

Posted by limitupupup > 2020-06-08 23:15 | Report Abuse

this stock when oil up it remains, when oil drop it drop laosai. haha