Oil price out also no use lah ! Ask big bro Petronas give out more rigs contract to Velesto then only can pecut !! Sack this new petronas CEO ! very kedekut and reduce capital expenditure !!
There is another possibility that due to under-investment in capex last year and this year, supply of oil will be tight and eventually it will shoot the oil price UP to 65 when the demand picking up !! By that time Velesto can demand for high charter rate as many rig companies might close shop
Global crude prices could soar to $80/bl this year because of severe inventory shortages and rising demand, but US shale producers are unlikely to ramp up production, a panel of experts told the Argus Live Crude Summit today........
Think alot of people scared of own shadows. Rumours of share consolidation and etc. Khazanah is major shareholder. They got no money to go for rights issue again. At this low interest rate environment, Banks are more than happy to issue new loans at low interest rate if you have a strong major shareholder
All Bursa money is on shorting Glove Counters. However with Oil going up everyday, not very far away, a switch will flip and a mad rush of money will rush into Oil counters
This counter not worth to invest..better pick potential one like dayang ,Bumi armada and serbak or coastal..even sapura better than this..just my advice dun waste ur time and money here..
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
EAGLE
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Posted by EAGLE > 2021-01-29 16:55 | Report Abuse
News on velesto solar?