VELESTO ENERGY BERHAD

KLSE (MYR): VELESTO (5243)

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Last Price

0.205

Today's Change

0.00 (0.00%)

Day's Change

0.205 - 0.21

Trading Volume

2,350,100


28 people like this.

24,133 comment(s). Last comment by hafizduhari 3 days ago

matrix6050

1,265 posts

Posted by matrix6050 > 2015-06-19 15:02 | Report Abuse

i join in to support a bit

Guijc

114 posts

Posted by Guijc > 2015-06-19 15:09 | Report Abuse

Looks like stablise at price 1.7

vzcb1t

86 posts

Posted by vzcb1t > 2015-06-19 15:17 | Report Abuse

For those who are too late to cut loss, just wait lor. If I cut loss now, I loss a Honda Accord. Oil & gas is clyclical, especially very high capex involved. Now my short term investment are force to be long term. Hope one day oil price will raise and I will cabut. Next time don't invest on those cyclical counter again. I think consumer products are safer, especially good food counter (anybidy know any food counter do export to USA?) because you consume everyday.

Posted by BuyLowSellHigh > 2015-06-19 16:51 | Report Abuse

sibeh LJ share, up so much but still close like shit

supernova

1,923 posts

Posted by supernova > 2015-06-19 17:19 | Report Abuse

it takes time to up.

S56phw001

92 posts

Posted by S56phw001 > 2015-06-19 18:00 | Report Abuse

#%^+€£¥# umwog...

shazza

251 posts

Posted by shazza > 2015-06-20 20:15 | Report Abuse

Wait with the rest of you. Hope umwog management will think of ways to perform better not good just stay the same when things are not going right.

mirilang

411 posts

Posted by mirilang > 2015-06-21 12:50 | Report Abuse

will collect more when the price drop below rm1.50,will technically rebound. at the moment still a bad day for umwog.no contract award.

supernova

1,923 posts

Posted by supernova > 2015-06-22 10:20 | Report Abuse

still losing 10 cents

kleboy

292 posts

Posted by kleboy > 2015-06-22 17:23 | Report Abuse

How come UMWOG continue down?

irisexy

743 posts

Posted by irisexy > 2015-06-23 07:39 | Report Abuse

Oil no price

supernova

1,923 posts

Posted by supernova > 2015-06-23 12:18 | Report Abuse

still havent break usd 60. No fast exit for me

supernova

1,923 posts

Posted by supernova > 2015-06-23 16:29 | Report Abuse

mr toyota, any good news to boost up?

supernova

1,923 posts

Posted by supernova > 2015-06-24 11:24 | Report Abuse

need ummph

Posted by dietrichbonhoeffer > 2015-06-25 15:53 | Report Abuse

1.72 is fair price....suck it up

GoldenShares

3,538 posts

Posted by GoldenShares > 2015-06-25 16:55 | Report Abuse

one day show, up 7 cents, down 7 cents, : )

nice1

819 posts

Posted by nice1 > 2015-06-26 11:27 | Report Abuse

news in focus, PETRONAS shutdown 14 rigs, from 18 oil rigs to 4 active rigs

GoldenShares

3,538 posts

Posted by GoldenShares > 2015-06-26 11:45 | Report Abuse

where did you get this info ? : )

supernova

1,923 posts

Posted by supernova > 2015-06-26 11:47 | Report Abuse

then can target Pet Dagang liap

nice1

819 posts

Posted by nice1 > 2015-06-26 12:17 | Report Abuse

focus weekly

umwog has few rigs with petronas

Guijc

114 posts

Posted by Guijc > 2015-06-26 15:53 | Report Abuse

Jialat lo....price may go even lower.... Im taking rocket to holland now...

ampabella

1,375 posts

Posted by ampabella > 2015-06-26 22:15 | Report Abuse

niamah this umwog , from hero to villian, stupid stock

687423

627 posts

Posted by 687423 > 2015-06-29 09:32 | Report Abuse

Like this better jump ship Liao before it reaches Holland! Swim to the shore....

shazza

251 posts

Posted by shazza > 2015-06-29 22:06 | Report Abuse

EPF acquired a large sum twice in the past one week. Hope things will look better too much sleeping.

Posted by talentgrade > 2015-06-30 07:41 | Report Abuse

nice1 news in focus, PETRONAS shutdown 14 rigs, from 18 oil rigs to 4 active rigs:
It is called warm-stacking which means temporarily shutting down operations - but maintaining minimal activity - as a cost-saving measure.

Posted by talentgrade > 2015-06-30 07:42 | Report Abuse

It doesn't mean the contract is terminated because it will cost PETRONAS a lot in penalty $$$

Posted by talentgrade > 2015-06-30 07:42 | Report Abuse

So chill :)

Posted by talentgrade > 2015-06-30 08:01 | Report Abuse

By the way, just got confirmation, UMWOG rigs are NOT, repeat, NOT impacted.
Don't panic

Posted by talentgrade > 2015-06-30 08:17 | Report Abuse

However, due to Greece fiasco now, and that DJ dropped 350points overnite, the price will come down a bit, I guess :)

turbochart

401 posts

Posted by turbochart > 2015-06-30 20:23 | Report Abuse

Haha..nowadays still got ppl play og stock?

turbochart

401 posts

Posted by turbochart > 2015-06-30 20:24 | Report Abuse

I wait at 120

muscleLP

111 posts

Posted by muscleLP > 2015-07-03 21:30 | Report Abuse

unable to get any new contract, 5 rigs idle, soon it will trade below RM1.50

BLITZRIEG

74 posts

Posted by BLITZRIEG > 2015-07-06 16:47 | Report Abuse

Good ......... Waiting for new low

blackul66

1,334 posts

Posted by blackul66 > 2015-07-07 09:57 | Report Abuse

Petronas already announced they want to reduce capex for E&P since a long time ago, why got people suprised when the news came out about the number of rigs suspended. Aiyoh..., maybe got people don't understand the meaning of reducing E&P capex

S56phw001

92 posts

Posted by S56phw001 > 2015-07-08 19:12 | Report Abuse

Will become 仙股

kleboy

292 posts

Posted by kleboy > 2015-07-13 16:38 | Report Abuse

When I bought is 2.80. Now only 1.58

kleboy

292 posts

Posted by kleboy > 2015-07-13 16:39 | Report Abuse

Tips to buy in but no tips to sell

supernova

1,923 posts

Posted by supernova > 2015-07-14 10:58 | Report Abuse

so dayum low. i will boycott toyota from now on. Sam Loo i hate u

Risk Trader

3,942 posts

Posted by Risk Trader > 2015-07-14 20:59 | Report Abuse

I m waiting below 1.40 to buy this stock and hold for 5 years

blackul66

1,334 posts

Posted by blackul66 > 2015-07-15 07:05 | Report Abuse

Remember most contract will end by the end of this year. If they cant secure a contract by 4Q, expect another slump

nice1

819 posts

Posted by nice1 > 2015-07-15 09:29 | Report Abuse

info from annual report, at least 50% of assets already lying idle if no contract extension by mid year

oasischeah

1,461 posts

Posted by oasischeah > 2015-07-15 15:40 | Report Abuse

Is this company doing 100% O&G ?

supernova

1,923 posts

Posted by supernova > 2015-07-15 15:50 | Report Abuse

still rugi 20c, eeeeeeeeeeeeeeee

necro

4,726 posts

Posted by necro > 2015-07-16 13:44 | Report Abuse

All naga now become ell oni ...

Risk Trader

3,942 posts

Posted by Risk Trader > 2015-07-21 11:12 | Report Abuse

Wait below rm1.00 start to accumulate this stock

BLITZRIEG

74 posts

Posted by BLITZRIEG > 2015-07-22 21:37 | Report Abuse

No worries ........ The stock continue heading south within this few months .......keep your money

blackul66

1,334 posts

Posted by blackul66 > 2015-07-23 09:19 | Report Abuse

WTI falls further to below 50 usd/bbl , Brent almost touching 55 usd/bbl. Too bad Petronas can't help them much this time by giving them more contract. Unless UMWOG shows their capability to match those of maersk, seadrill, transocean and the likes, it is very hard to get contract beyond this region.

nice1

819 posts

Posted by nice1 > 2015-07-27 16:18 | Report Abuse

heading south 1.48

anuar_77

17 posts

Posted by anuar_77 > 2015-07-27 16:48 | Report Abuse

salam & Hi guys..I m new here..Got this share since IPO...still holding to it..Any idea when this stock will rebound to its origin RM2.80?

nice1

819 posts

Posted by nice1 > 2015-07-27 17:22 | Report Abuse

nobody can tell exactly

i think, you have to wait till oil price is bullish and above usd75/80, then only a chance to come back to IPO price

for simple logic, oil company must make money first before hiring more supporting services

for now is going south direction, destination south pole

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