Posted by Ecentee > 2021-02-17 16:06 | Report Abuse

Luckily i sempat enter few lots at0.16..otherwise will.miss the boat

Posted by Tiamolee > 2021-02-17 16:10 | Report Abuse

Brent keep spike, investors keep chase.. Yet Oil price still low and has higher gap yet..

Posted by Kopimilo > 2021-02-17 16:14 | Report Abuse

Weather chaos in Northern America states drive the uptrend sentiment of crude oil prices.

Posted by Tiamolee > 2021-02-17 16:18 | Report Abuse

Today shld be close at 0.17..come on..break the record like others

Posted by JJchan > 2021-02-17 17:00 | Report Abuse

Chances it is PNB's buying heavily today

Posted by JJchan > 2021-02-17 17:00 | Report Abuse

Need to push back to 30cents

Posted by izoklse > 2021-02-17 17:19 | Report Abuse

Huraiii huat la...

Posted by Jjkcl > 2021-02-17 17:22 | Report Abuse

Big boss pnb working hard

Posted by driller71 > 2021-02-17 18:36 | Report Abuse

https://oilprice.com/Energy/Oil-Prices/Is-This-Oil-Rally-The-Start-Of-Something-Much-Bigger.html

Posted by Flybythenite > 2021-02-17 18:56 | Report Abuse

Everyday 1 sen i satisfied. Go up per oil price fairer.

Posted by Flybythenite > 2021-02-17 18:56 | Report Abuse

Lets play long long term to grow our investment!

Posted by Chaostrader > 2021-02-17 18:58 | Report Abuse

Finally Vely-slow Velesto moving :)

Posted by Flybythenite > 2021-02-17 19:00 | Report Abuse

https://oilprice.com/Energy/Oil-Prices/100-Oil-Big-Banks-Believe-A-New-Oil-Supercycle-Is-Beginning.html

Posted by Flybythenite > 2021-02-17 19:00 | Report Abuse

Imagine oil reached USD100 in the future!!! Wowwwwooooo!

Posted by izoklse > 2021-02-17 20:04 | Report Abuse

This is the situation now :

1. COVID 19 case still high and effort by government around the world is still way very moving slow. However there is hope demand picking up.

2. Many oil major or oil company suffer with huge debt and unable to proceed with further investment in oil or freeze remaining investment. They dont want to risk going for investment with demand not yet fully recover.

3. Huge Supply cut by OPEC

4. Oil storage around the world draining in fastest rate than previously thought.

5. Super cold weather in US & Canada and many western hemisphere country

6. Geopolitical conflict escalated in middle east between Saudi, Iran and US.

7. Oil major dont want to continue investment and stop production in many area around the world.

8. A lot of Shale producer facing bankruptcy and they dont want to continue opening new production or resume any production because of huge cost and Covid 19 not yet fully recovered. Cases still increase around the world.

9. China & India economy resume and production pick up at this major economy and they need oil.

10. Due to economic recovery and stimulus package by Many country, Inflation start picking up and this effect oil price.

11. Country with vaccination process on going already start reduce travel restriction and business start moving and oil consumption increase.

12. Production put on hold or halt in Texas US due super cold weather and no enough supply.

13. US plan for major stimulus package and world are waiting for it because it will give boost to economic recovery in a situation where oil production in US as all time low.

14. Many country in middle east and OPEC need oil at above 80 USD in order for them to cover their budget and stimulus package.

15. Biden are going for clean energy and many oil and gas future contract or investment under president trump are put on hold or cancel ie pipeline project between US and Canada and so on.

Posted by Godofgambler > 2021-02-17 21:19 | Report Abuse

Saudi Aramco contracted Sapura Fabrication and Sapura Saudi Arabia Co for engineering, procurement, fabrication, transportation and installation work on three offshore fields: to install new wellhead platform jackets for the Abu Safah field, which lies in both the Bahrain and Saudi Arabia sectors, and on the Ribyan and Zuluf fields. These wellhead platforms are expected to be commissioned during 2022.

Posted by scooter > 2021-02-17 21:39 | Report Abuse

hold it for 7 months, finally today is the bye bye day!
For the rest of Velesto share holder, wish u all huat huat ong ong!!

Posted by Ecentee > 2021-02-17 22:25 | Report Abuse

@scooter, why r u letting go after holding so long, is that mean this share not worth to invest as compare to other?

Posted by Ecentee > 2021-02-17 22:25 | Report Abuse

Just seek more advice..

Posted by Godofgambler > 2021-02-18 07:14 | Report Abuse

Scooter.. The game just begins..
And you sold? Lol..

Posted by Ecentee > 2021-02-18 08:15 | Report Abuse

@Godofgambler, today can enter more or not?

Posted by nasrulfahmi > 2021-02-18 09:14 | Report Abuse

very good today

Posted by CUTLOST > 2021-02-18 09:23 | Report Abuse

My O&G stock all in Green mode

Posted by anaktodak > 2021-02-18 09:27 | Report Abuse

what the max can go?

Posted by izoklse > 2021-02-18 09:28 | Report Abuse

come on break 0.20.

Posted by meadow1628 > 2021-02-18 09:29 |

Post removed.Why?

Posted by simwengyau83 > 2021-02-18 09:40 | Report Abuse

WC recommender tis at .13...

Posted by Ecentee > 2021-02-18 09:43 | Report Abuse

Enter again...hooray

Posted by Ecentee > 2021-02-18 09:43 | Report Abuse

Come on..show ur power

Posted by Expertise > 2021-02-18 09:57 | Report Abuse

Oil touch usd65 bpd lai lor lai lor

Posted by anaktodak > 2021-02-18 10:35 | Report Abuse

as I remember velesto play price was 0
38-042 when Brent at 65 dollar above.. and due pandemic velesto sharp fall to .20 with oil below 30 dollar. I assume will be at 50% price due recovery mode, and still yet on coming contract announcement

Posted by Baby Shark > 2021-02-18 10:40 | Report Abuse

Baru up 1 cent already bising..

Posted by Tiamolee > 2021-02-18 11:05 | Report Abuse

Time to break 0.20..the gap still lower for velesto

Posted by Flybythenite > 2021-02-18 12:15 | Report Abuse

Now $ 65.12 +0.78 +1.21%

Posted by Flybythenite > 2021-02-18 12:16 | Report Abuse

Huat huat all the way!

Posted by ShamOs123 > 2021-02-18 12:36 | Report Abuse

Ptg ni boleh limit up ke ..

Posted by djibaok > 2021-02-18 12:37 | Report Abuse

velesto son will jump like dnex son?

Posted by tai yee > 2021-02-18 12:40 | Report Abuse

Son conversion is 0.395. unless velesto cross 0.4 and higher

Posted by Tiamolee > 2021-02-18 13:09 | Report Abuse

This counter unable to compete with others counters since their foreign investors have big fund..unless it make the investors confidence enuf to swift their fund to here..what a pity..

Posted by signalmw > 2021-02-18 13:24 | Report Abuse

丰隆研究维持“持有”，合理目标价12仙或等于2020财政年每股账面值的0.35倍（低于5年平均值的-1.2标准差），潜在调升评级的因素，主要是国油将开始加大勘探的开销力度。

Posted by OKU_2220 > 2021-02-18 14:03 | Report Abuse

Still can play...
Will top up again...

Posted by meadow1628 > 2021-02-18 14:22 |

Post removed.Why?

Posted by TradeMeSideways > 2021-02-18 14:28 | Report Abuse

TP back to 32.5 cents?

Posted by Lewis Lee > 2021-02-18 14:29 | Report Abuse

By end Feb, TP= at least 20, end March = 20-40, end 2021 (when oil price reaches 100), TP = 1.00 !!!!

Posted by HuatlaiOnglai > 2021-02-18 14:52 | Report Abuse

izoklse Good read on the energy dynamics

Posted by HuatlaiOnglai > 2021-02-18 14:54 | Report Abuse

Its show the strenghts for this sector to be the investment theme for 21/22.

Posted by HuatlaiOnglai > 2021-02-18 14:55 | Report Abuse

With the strong sign of supercycle coming, it will provide more strenghts for this sector to push higher beyond 22.

Posted by stevenckheng > 2021-02-18 14:58 | Report Abuse

supercycle buy upstream don't buy mid or down stream

Posted by HuatlaiOnglai > 2021-02-18 15:13 | Report Abuse

Avoid downstream as they will be a squeeze. Midstream is still ok as they will be getting more projects. The best is upstream.

Posted by obakh222 > 2021-02-18 15:22 | Report Abuse

Velesto which one? Upstream or downsream