Posted by armadatuah2017 > 2020-08-12 06:00 | Report Abuse

accumulation phase today, price will go back with Brent below USD45 NOW

Posted by Plantermen > 2020-08-12 06:17 | Report Abuse

Yesterday sudden spike up was a real surprise { can the uptrend sustain} continue

Posted by armadatuah2017 > 2020-08-12 06:56 | Report Abuse

profit taking yesterday, hard to sustain the price as you can see, many dispose also to new entries...

Posted by MoneyHeist > 2020-08-12 08:48 | Report Abuse

Good luck everyone. Today is O&G. All the wayyyh

Posted by strattegist > 2020-08-12 09:30 | Report Abuse

red

Posted by Xia YiDao > 2020-08-12 10:18 | Report Abuse

Sad, Just a day Only, No Power Already. Drop Back to RM 0.15 Two Months Ago I bought @ 0.175 When Can I Sell It.

Posted by strattegist > 2020-08-12 10:35 | Report Abuse

red

Posted by IronShirt > 2020-08-12 15:52 | Report Abuse

maybe 4 O'clock rally. Slowly going Green

Posted by IronShirt > 2020-08-12 16:26 | Report Abuse

no rally ....just parking at tomorrow yellow starting line

Posted by strattegist > 2020-08-12 16:55 | Report Abuse

no power

Posted by sharewiz118 > 2020-08-12 17:00 | Report Abuse

sudah jual semalam lega ..........

Posted by KAQ4468 > 2020-08-12 17:59 | Report Abuse

waaaaaaaa


semalam jual , ini hari cerita ka ????


kikikikikiki

Posted by armadatuah2017 > 2020-08-12 18:05 |

Post removed.Why?

Posted by armadatuah2017 > 2020-08-12 18:06 | Report Abuse

seriously, you need to have a life.....

Posted by armadatuah2017 > 2020-08-12 18:06 | Report Abuse

you are a poor fuck....bungalow, ferrari are not meant for you....go back to your kindergarten

Posted by KAQ4468 > 2020-08-12 18:06 | Report Abuse

kah kah kah kah

Posted by KAQ4468 > 2020-08-12 18:09 | Report Abuse

i'm here for past 25 years









Posted by armadatuah2017 > Aug 12, 2020 6:06 PM | Report Abuse

seriously, you need to have a life.....

Posted by KAQ4468 > 2020-08-12 18:09 | Report Abuse

Hibiscus ...KNM ... Armada... Velesto


Terbang pergi bulan



Hahahaha


Audi mari .... Bungalow mari ... New wife mari ....

Posted by linheng > 2020-08-12 21:06 | Report Abuse

Vaccine news. Glove and PPE fell. Oil is the next rally.

Posted by strattegist > 2020-08-12 23:07 |

Post removed.Why?

Posted by Kaizenzon > 2020-08-13 00:21 | Report Abuse

Mari Mari. Lol

Posted by armadatuah2017 > 2020-08-13 06:56 | Report Abuse

embrace for uptrend today...

Posted by HuatlaiOnglai > 2020-08-13 07:27 | Report Abuse

Spring kambing!

Posted by fujiapple > 2020-08-13 07:50 | Report Abuse

Brent oil us45 , let c how is the performance of velesto today..

Posted by serpent100 > 2020-08-13 08:00 | Report Abuse

All in

Posted by linheng > 2020-08-13 08:09 | Report Abuse

With Russia registering vaccine without Phase 3 trial, I believe Trump will pressure FDA to approve moderna's vaccine before Nov elections. Airline including air asia and Genting rally yesterday. When oil was below $40, Velesto went to 19 cents. Now oil is $45. Hope it can test the 19cents level today

Posted by amircesc4 > 2020-08-13 08:20 | Report Abuse

Toot toot. All passengers, we will be boarding to Nowhere Lands. Please get your boarding pass ready with passport.

Chase high get slaughtered

Toot toot

Posted by strattegist > 2020-08-13 09:23 | Report Abuse

zam zam...alkazam

Posted by Xia YiDao > 2020-08-13 17:48 | Report Abuse

This Counter Always One day Show Only.
Now All Dream Broken, Down Trend. Want Commit Suicide Already.

Posted by Superbinvestor > 2020-08-13 19:13 | Report Abuse

Because all ppls are still dreaming of oil and gas counters will fly

Posted by Macgyver11 > 2020-08-13 19:29 | Report Abuse

It will soon..

Posted by MoneyHeist > 2020-08-13 20:13 | Report Abuse

Sabar..

Posted by brutusbeefcake > 2020-08-13 20:33 | Report Abuse

remember, majority always loose.

when lots of people expecting it, it will never happen.

Posted by Shines > 2020-08-14 06:04 | Report Abuse

Totally agreed brutus

Posted by linheng > 2020-08-14 08:21 | Report Abuse

Today Star Papers. Brent Crude target of USD$50 bought forward from 4th Q 2020 acc to OCBC research

Posted by JoshuaMS7 > 2020-08-14 10:46 | Report Abuse

When report out? Today? Got good news? Still green? Hehe..

Posted by SinGor > 2020-08-14 14:29 | Report Abuse

Brent turns Green. Velesto is back to starting Line

Posted by TunPika > 2020-08-14 14:43 | Report Abuse

Green now. Nothing happen

Posted by amircesc4 > 2020-08-14 16:34 | Report Abuse

Where got green sisters?

Posted by Kopimilo > 2020-08-14 20:09 | Report Abuse

Opportunity to buy or collecting at this Insanely low price comparison to previous price in Jan and before.

Posted by flyingrocket > 2020-08-15 01:48 | Report Abuse

Good company, never scared

Posted by linheng > 2020-08-15 07:50 | Report Abuse

Dow Jones Oil & Gas index hadvrisen by about 8% in August 2020. Velesto went to 0.19 cents
in June 2020 when oil was below $40. With oil staying about $45, its a natter of time b4 this counter move

Posted by nasrulfahmi > 2020-08-15 08:12 | Report Abuse

hip hip horayy if this caunter move to another level....0.20

Posted by Mabel > 2020-08-15 10:30 | Report Abuse

I came earlier it still below 15 sen

I come now still below 15 sen..

See you when it cross 20 sen..

Meow

Posted by brain > 2020-08-15 11:47 | Report Abuse

Velesto performance will depends very much on Petronas. Whether their rigs contract will be renewed. Quite a few are due this year but Petronas had indicated they are reducing their capex. Hence some rigs contract may not be renewed.
On the plus side pnb n khazanah after pumping so much money into velesto will not wish to see it die. So they may pressure petronas to renew the due contracts.
After the sarawak fiasco this is very possible not like the previous ceo. They will give in.
So good time to pick up.

Posted by Lewis Lee > 2020-08-15 17:24 | Report Abuse

Maybank IB sees good prospects in 2021 for mid-cap financial/banking, glove, healthcare, oil and gas, tech stocks
Author: savemalaysia | Publish date: Sat, 15 Aug 2020, 3:32 PM

KUALA LUMPUR, Aug 15 — Maybank Investment Bank (Maybank IB) says it sees bright prospects in 2021 for mid-capitalised stocks in the financial/banking, glove, healthcare, oil and gas as well as technology sectors.

Retail research head Tee Sze Chiah said as it is four months before the end of the year, it would be to late to join the glove rally this year, though there are opportunities next year for some sectors.

“The first is mid-capitalised financial or banking stocks, because financial stocks behave or react positively to economic growth.

“This year I think economic growth and gross domestic product (GDP) growth is definitely not positive, but next year we do expect recovery, so during the time, you do expect banks to pick up as businesses and consumers start to spend, and basically demand for financial products will increase hence the profitability of banks will also pick up,” he told reporters at the Market Outlook Second Half of 2020 (2H2020) Webinar here today.

Secondly, he said, the glove and healthcare sectors would continue to do well in the first half of 2021.

“The first half and the upcoming quarterly results should continue to stay strong, because this basically reflects the current backlog that they have in hand right now.

“So for the next few quarters it will stay strong and hence the share price rally momentum will continue until the first half of 2021, but coming into the second half, you need to be wary, (as) this is where you need to see (whether) Covid-19 vaccines are there and we do expect demand to normalise,” said Tee.

Thirdly would be the oil and gas sector, he said, adding that Maybank IB analysts are expecting higher oil prices and the momentum should be there.

Another sector to look at is technology as 5G adoption is a long-term prospect, but in this case, stock-specific moves are very important, he noted.

It (5G) will not benefit the whole semi-conductor industry in Malaysia, Tee said, pointing out that Malaysia is one of the low-cost, lower-value chains among the semiconductor sector and there could be one or two that could benefit.

Meanwhile, senior chartist Nik Mohd Ihsan Raja Abdullah said during the last few years, the oil and gas sector saw a lot of under-investment, with capital expenditure for global oil production actually being quite low.

“When the demand starts to come in, supply can’t keep up with the demand, and that would lift oil prices higher,” he said, adding that in 2021 quite a number of oil and gas stocks would be up for trade. — Bernama

Posted by Lewis Lee > 2020-08-15 17:24 | Report Abuse

oil and gas counters will shoot up in 1st half 2021 !! Be patient !!

Posted by Valgrovest > 2020-08-17 11:13 | Report Abuse

https://www.theedgemarkets.com/article/oil-prices-advance-china-lines-boost-us-crude-imports

Posted by Valgrovest > 2020-08-17 11:14 | Report Abuse

World oil prices going up already !!

Posted by plroo7 > 2020-08-17 11:24 | Report Abuse

Yes, world prices up... Time to up...