Posted by micsoh > 2020-08-25 22:02 | Report Abuse

It's just like u got 100 money in your bank, but u own me 30, so now u take your bank 30 clearing this debt, and u now got 70 in your bank, but debt clear.

Posted by Syaipul81 > 2020-08-25 22:03 | Report Abuse

Tq, rowie, 6 month ago, icon share consolidation, i loss a lot of money. which is share amount reduce with price adjustment too low

Posted by micsoh > 2020-08-25 22:04 | Report Abuse

Except this 100 in this case is capital and 30 is loss.

Posted by Syaipul81 > 2020-08-25 22:05 | Report Abuse

Lucky healthcare counter cover back my loss

Posted by scooter > 2020-08-25 22:10 | Report Abuse

how soon is velesto implement this share capital reduction?

Posted by linheng > 2020-08-26 04:55 | Report Abuse

Its a book entry thing to clean up balance sheet. No effect on no of shares. Please read the propectus
The Proposed Share Capital Reduction will not have any effect on the number of VEB Shares
and/or percentage shareholdings of the substantial shareholders of VEB.

Posted by linheng > 2020-08-26 04:56 | Report Abuse

copy and paste from the propectus

Posted by HuatlaiOnglai > 2020-08-26 07:32 | Report Abuse

Brent Oil price spike above $46/tong. Good sign of strength for Velesto

Posted by djibaok > 2020-08-26 10:13 | Report Abuse

Ini capital reduction cerita lama.... price factored in edy....

Posted by linheng > 2020-08-26 13:56 | Report Abuse

Posted by djibaok > Aug 26, 2020 10:13 AM | Report Abuse
Ini capital reduction cerita lama.... price factored in edy....
There is no reduction in the number of shares.
Refer to share holders circular
The Proposed Share Capital Reduction will not have any effect on the number of VEB Shares
and/or percentage shareholdings of the substantial shareholders of VEB.

Posted by Harryww > 2020-08-26 16:11 | Report Abuse

If have the ability to buy and keep, just go ahead. After few more months or a year you sure laugh all the way to the bank.

Posted by maney > 2020-08-26 22:32 | Report Abuse

Will OnG future as bright as before?

Posted by Kopimilo > 2020-08-27 09:39 | Report Abuse

The season of cyclones is coming to the gulf of mexico, production will stop temporarily, resulting crude oil spike accordingly.

Posted by Xia YiDao > 2020-08-27 11:18 | Report Abuse

Oil Price up, but Velesto Drop

Posted by Allantanks > 2020-08-27 15:22 | Report Abuse

Better change name to very stupid stock.

Posted by IronShirt > 2020-08-27 15:51 | Report Abuse

https://oilprice.com/Energy/Energy-General/The-Global-Rig-Count-Hits-A-Record-Low.html

Offshore Rigs is structurally damaged and will not recover so easily. Velesto Rigs may be open
for more international Jobs

Posted by Superbinvestor > 2020-08-27 19:16 | Report Abuse

Want a better choice better move to healthcare and glove...this counters temporarily will stuck for some time maybe next year..since no investors then no capital for tis then no volume then will not move up, the share wont goes up..

Posted by Superbinvestor > 2020-08-27 19:16 | Report Abuse

Investord tend to run to other counters

Posted by tkl88 > 2020-08-27 21:28 | Report Abuse

Dow Jones futures as at 9.23pm:
28,419.5 (+107.5) (+0.38 %)

Posted by tkl88 > 2020-08-27 22:32 | Report Abuse

As at 10.18pm,
Dow Jones at =>
28,484.54 (+152.62) (+0.54 %) !

Posted by buynosell > 2020-08-27 22:34 | Report Abuse

can wait till 2030 for this counter to go up.

Posted by JayC88 > 2020-08-27 22:36 | Report Abuse

but 2030 is 8.30pm bursa closed wo

Posted by tkl88 > 2020-08-28 08:27 | Report Abuse

Dow Jones closed at=>
28,492.27 (+160.35) (+0.57 percent) !

Posted by tkl88 > 2020-08-29 07:43 | Report Abuse

Wow, Amazing !
Oil price continue to spike up !
Brent=> $45.87 ‪(+0.27) (+0.59 %) !‬

Posted by tkl88 > 2020-08-29 10:01 | Report Abuse

Dow Jones closed at=> 28,653.87 (+161.60) (+0.57 %) !

Posted by Zuliana > 2020-08-29 11:04 | Report Abuse

The best
Wow
Wow, cannnttteeekkk!
Oil price continue to spike up !
Brent=> $45.87 ‪(+0.27) (+0.59 %)!

Posted by Zuliana > 2020-08-29 11:56 | Report Abuse

Look at the chart...
Good
Good

Posted by Zuliana > 2020-08-29 14:57 | Report Abuse

Dow Jones closed at=>
28,492.27 (+160.35) (+0.57 %)
Velesto good

Posted by armadatuah2017 > 2020-08-30 12:23 | Report Abuse

cantik also no use la...only above 50 per barrel, the projects will kick in and drilling contracts will be rolled out. Velesto's rigs will be out of contracts soon..

Posted by Macgyver11 > 2020-08-30 18:48 | Report Abuse

Armada already start to moving up, soon it will be Velesto turn. World oil reserves is plunging down. Soon Petronas will start to award more contracts to its upstream whatsoever oil price is keep on rising...it is opportunity for Petronas to build up its crude oil reserves. Next year velesto will doing good, another couple more month for 2021. Cheap price to accumulate.

Posted by linheng > 2020-08-31 06:03 | Report Abuse

Velesto Energy- Expect lower charter rates and utilisation
Date: 26/08/2020

Source : AmInvest
Stock : VELESTO Price Target : 0.09 | Price Call : SELL
Last Price : 0.145 | Upside/Downside : -0.055 (37.93%)

You believe this analyst.
You see how he change Bumi Armada from $0.10 to $0.47 in 4 mths
(All during the same pandemic)

Posted by linheng > 2020-08-31 06:04 | Report Abuse

Look how the AmInvest analyst change his target price from $0.10 to $0.47 ie 470% increase in 4 mths. Guess we better start buying Velesto energy, Hibiscus and Sapura Energy too

Bumi Armada - Risks remain despite Armada Sterling charter extension
Author: AmInvest | Publish date: Thu, 16 Apr 2020, 8:48 AM
We maintain SELL on Bumi Armada with an unchanged fair value of RM0.10/share, based on a 30% discount to its 5-year PBV of 0.26x, which implies an FY21F PE of 10x.

Bumi Armada - Kraken steadies the ship
Date: 28/08/2020
Source : AmInvest
Stock : ARMADA Price Target : 0.47 | Price Call : BUY Last Price : 0.27 | Upside/Downside : +0.20 (74.07%)
31/08/2020 6:00 AM

Posted by KAQ4468 > 2020-09-01 13:05 | Report Abuse

ada duit ...kasi collect

Posted by KAQ4468 > 2020-09-01 13:06 | Report Abuse

this is great investment

Posted by KAQ4468 > 2020-09-01 13:08 | Report Abuse

itu orang pun sudah start collect


apa lagi mau ???????







URUSHARTA JAMAAH SDN BHD (a substantial shareholder) acquired 5,225,100 shares on 19-Aug-2020.

Posted by KAQ4468 > 2020-09-01 14:18 | Report Abuse

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


Terbang pergi bulan



Hahahaha


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

Posted by linheng > 2020-09-01 17:04 | Report Abuse

Ini Kali for O&G stocks. AmInvest already send out to all clients and
remisiers - Recovery play. Sell Glove, mask

Posted by tkl88 > 2020-09-01 18:48 | Report Abuse

As at 6.45pm,
Nymex at => $43.11 (+0.50) (+1.17 %) !
Brent at => $45.86 (+0.58) (+1.28 %) !

Posted by Trapps > 2020-09-01 19:20 | Report Abuse

Show is coming to velesto soon

Posted by Macgyver11 > 2020-09-01 20:27 | Report Abuse

Oh yeah! Huat ong mari.

Posted by sheep > 2020-09-01 20:44 | Report Abuse

tp 0.12 , i collect then only..huat arr wakaka

Posted by Macgyver11 > 2020-09-01 20:55 | Report Abuse

0.12c I collect more..oh yeah! Huat ha ong mari..hehe

Posted by tkl88 > 2020-09-01 22:55 | Report Abuse

As at 10.45pm,
Nymex at => $43.37 (+0.76) (+1.78 %)
Brent at => $46.17 (+0.89) (+1.97 %)

Posted by OneSmallStep > 2020-09-01 23:49 | Report Abuse

I like optimism here :-)

Posted by tkl88 > 2020-09-02 08:00 | Report Abuse

Wow, Amazing !‬
‪Dow Jones closed at=>‬
28,645.66 (+215.61) (+0.76 percent) !

Posted by Macgyver11 > 2020-09-02 09:21 | Report Abuse

Oh yeah! Huat huat ong sdh mari

Posted by KAQ4468 > 2020-09-02 09:47 | Report Abuse

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


Terbang pergi bulan



Hahahaha


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

Posted by jguy > 2020-09-02 10:18 | Report Abuse

Arrmada is already up. Lower loan costs, oil price stable, just waiting limit up for VELESTO!

Posted by Valgrovest > 2020-09-02 10:46 | Report Abuse

I think Velesto will be tracking closely behind Armada...

Posted by Macgyver11 > 2020-09-02 14:09 | Report Abuse

Oh yeah! Good