Posted by SmallFishyy > 2021-03-03 13:31 | Report Abuse

it might be a bad result but I believe velesto has a good potential to growth after this. will load more if the price goes down

Posted by driller71 > 2021-03-03 17:10 | Report Abuse

You all ada dengar news that Velesto will be bought over by an entity?

Posted by amirsyam1001 > 2021-03-03 17:30 | Report Abuse

This quarter result had been announced at 1st of March. However the net profit was too low.

Posted by meadow1628 > 2021-03-03 17:56 |

Post removed.Why?

Posted by Akukakijudi > 2021-03-03 18:10 | Report Abuse

Jatuh lagi

Posted by Lewis Lee > 2021-03-03 18:14 | Report Abuse

Ini PKM punya company !!!!

Posted by SinGor > 2021-03-03 18:52 | Report Abuse

https://oilprice.com/Latest-Energy-News/World-News/US-Gasoline-Demand-Jumps-To-Highest-Since-Pandemic-Started.html

Now March, USA Oil Demand already jumps to the Highest. DonT has to wait until Summer July
Oi; will breach $80

Posted by amirsyam1001 > 2021-03-04 09:15 | Report Abuse

Stocks (Million Barrels)
2/26/21 2/19/21 2/28/201
Crude Oil (Excluding SPR)2 484.6 463.0 444.1
Motor Gasoline3 243.5 257.1 252.0
Distillate Fuel Oil3 143.0 152.7 134.5
All Other Oils4 410.9 411.9 442.6
Crude Oil in SPR 637.8 637.8 635.0
Total4 1,919.8 1,922.5 1,908.2

Posted by meadow1628 > 2021-03-04 09:52 | Report Abuse

Wow, Velesto super damn hot hot now !
Now Velesto already at 0.17 +0.01 +6.3%

Heng ah, Ong ah, Huat ah !

Posted by meadow1628 > 2021-03-04 15:29 |

Post removed.Why?

Posted by nashvz > 2021-03-04 18:24 | Report Abuse

most oil counters including Armada, Valesto, been rising at the back of rising oil price. Dayang still lagging behind. next to move fast north is Dayang in my opinion

Posted by Macgyver11 > 2021-03-04 18:25 | Report Abuse

https://www.upstreamonline.com/field-development/petronas-raises-curtain-on-indonesian-offshore-project-whos-in-the-running-to-bid-/2-1-973216

Posted by meadow1628 > 2021-03-04 22:28 |

Post removed.Why?

Posted by meadow1628 > 2021-03-04 23:56 |

Post removed.Why?

Posted by Huahin89 > 2021-03-05 00:22 | Report Abuse

If velesto tml still below 0.20, then i will swift to other oil and gas counter..coz really no point since no much debt..

Posted by Huahin89 > 2021-03-05 00:22 | Report Abuse

this counter shld be 0.30 ..

Posted by meadow1628 > 2021-03-05 02:29 | Report Abuse

Oil Jumps After OPEC+ Surprises Market With Unchanged Output
Andres Guerra Luz and Alex Longley
March 5, 2021, 1:22 am

https://www.google.com/amp/s/finance.yahoo.com/amphtml/news/oil-market-counts-down-critical-234144893.html

(Bloomberg) -- Oil surged to the highest in more than a year after the OPEC+ alliance surprised traders with its decision to keep output unchanged, signaling a tighter crude market in the months ahead.
U.S. crude futures climbed more than 5% to near $65 a barrel, while its global counterpart Brent also jumped after the OPEC+ producer alliance agreed during a virtual gathering to hold output steady in April. Saudi Arabia will maintain its 1 million barrel-a-day voluntary production cut, saying it is in no hurry to bring back the supply...

Posted by Jjkcl > 2021-03-05 05:30 | Report Abuse

Fantastic news

Posted by Mrtorking > 2021-03-05 05:51 | Report Abuse

ego velesto go ..go ONG

Posted by CHLEONG888 > 2021-03-05 07:40 | Report Abuse

ini kalilah, mesti terbang

Posted by SinGor > 2021-03-05 08:14 | Report Abuse

Next week Oil at 70....maybe 80 in June/July...People can get Covid passport in EU and USA
next month for Summer Travel. When Airline Fly, massive Jet fuel requires

Posted by damiantreez > 2021-03-05 08:47 | Report Abuse

https://edition.cnn.com/2021/03/04/investing/opec-oil-prices-saudi-russia/index.html

Posted by nasrulfahmi > 2021-03-05 09:02 | Report Abuse

very good

Posted by Flybythenite > 2021-03-05 11:46 | Report Abuse

67.27 +0.53 +0.79%

Posted by Flybythenite > 2021-03-05 11:46 | Report Abuse

Go go go!

Posted by Flybythenite > 2021-03-05 11:47 | Report Abuse

Invest. Don’t gamble. Sure win!

Posted by SmallFishyy > 2021-03-05 12:27 | Report Abuse

slow and steady

Posted by Lewis Lee > 2021-03-05 12:27 | Report Abuse

This counter is crawling as slow as turtle !!

Posted by Flybythenite > 2021-03-05 12:43 | Report Abuse

Ya, true to the name very slow! Hahaha!

Posted by Flybythenite > 2021-03-05 12:44 | Report Abuse

Apa boleh buat ? Now all masuk, got volume liao sure traffic jam!

Posted by Flybythenite > 2021-03-05 12:45 | Report Abuse

Last time before crowd serbu at even lower oil price ady above 18.5 sen.

Posted by Lewis Lee > 2021-03-05 12:46 | Report Abuse

Velesto = sound like " very slow" ! lol

Posted by Flybythenite > 2021-03-05 12:48 | Report Abuse

Note to newbies: This counter is not for contra. Sure kena burn. Long long term counter.

Posted by Flybythenite > 2021-03-05 12:52 | Report Abuse

Petronas offers 13 exploration blocks under Malaysia Bid Round 2021
2 March 2021 (Last Updated March 2nd, 2021 14:54)
https://www.offshore-technology.com/news/petronas-13-exploration-blocks-malaysia-bid-round-2021/

Posted by Flybythenite > 2021-03-05 12:55 | Report Abuse

Petronas raises curtain on Indonesian offshore project - who's in the running to bid?
Malaysian operator invites bids for pre-FEED work on discoveries offshore East Java
https://www.upstreamonline.com/field-development/petronas-raises-curtain-on-indonesian-offshore-project-whos-in-the-running-to-bid-/2-1-973216

Posted by Flybythenite > 2021-03-05 12:58 | Report Abuse

Many new opportunities everyday! Not asking ppl to invest here though. Fact: Less crowd easier for price to move up!

Posted by Flybythenite > 2021-03-05 13:46 | Report Abuse

Oil price scales 1-year peak as OPEC+ rolls over output for April
https://www.thestar.com.my/aseanplus/aseanplus-news/2021/03/05/oil-price-scales-1-year-peak-as-opec-rolls-over-output-for-april#cxrecs_s
BENGALURU, March 5 (Reuters): Oil rallied more than 4% on Thursday night (March 4), hitting its highest in over a year, after OPEC and its allies agreed to keep production unchanged into April, reasoning that the demand recovery from the coronavirus pandemic was still fragile.

Brent crude rose US$2.67, or 4.2%, to settle at $66.74 a barrel, after rising to $67.75, its highest since January 2020.

Posted by maxcore > 2021-03-05 15:20 | Report Abuse

seriously our stocks 1 cent mau naik also damn susah..

Posted by Chaostrader > 2021-03-05 15:57 | Report Abuse

Slow n steady but surely...I'm in no hurry...will wait for 30c

Posted by SinGor > 2021-03-05 18:04 | Report Abuse

Oil 68.30 now.......Tonite / tomolo might Hit 70, faster than prediction...Maybe Velesto Hit more
than 20cents next week.....Great expectation is return back to 30cents base before launching
to RM1.00 by year End

Posted by Macgyver11 > 2021-03-05 19:53 | Report Abuse

https://www.sinarharian.com.my/article/127052/BISNES/Harga-minyak-Brent-WTI-cecah-rekod-tertinggi

Posted by SuperPanda > 2021-03-05 22:03 | Report Abuse

for me i only will be buying after qr out, will be a loss report due to only 3 rigs working out of 7 for the last quarters

Posted by SuperPanda > 2021-03-05 22:05 | Report Abuse

but you will be lucky if qr loss but oil at high, price will nit drop much like perdana

Posted by djibaok > 2021-03-05 22:58 | Report Abuse

if price drop add some more liao

Posted by SuperPanda > 2021-03-06 06:31 | Report Abuse

if velesto rm1, my 65c hibscs, will be rm5, penergy rm10 and hengyuan will be rm100

when oil usd80 and 6 rigs working velesto only 40c

velesto profit comes from petronas drilling contracts, if contract expired and not extended, rigs will out of job and have no revenue
_____________
Oil 68.30 now.......Tonite / tomolo might Hit 70, faster than prediction...Maybe Velesto Hit more
than 20cents next week.....Great expectation is return back to 30cents base before launching
to RM1.00 by year End

Posted by SuperPanda > 2021-03-06 06:35 | Report Abuse

im not against velesto but in my opinion this is one of the slowest o&g counter bcoz no fund want to pump except pnb

you need to really really be patience and be jealous to rest of o&g vounter that easily goes up

Posted by Yongsheng70 > 2021-03-06 08:02 | Report Abuse

@suoerpanda, once it easily shoot up to 0.30, u might miss the chance to collect... Many have to collect at expensive price

Posted by SuperPanda > 2021-03-06 10:58 | Report Abuse

i didnt miss a chance at o&g brother, the super faster o&g counter uptrend was refinery and it already rocket >100% within a month early Dec

just drop by to share my opinion here, good luck

_____________________

Stock: [HENGYUAN]: HENGYUAN REFINING CO BHD
Nov 20, 2020 11:06 AM | Report Abuse

all in 3.12~3.16

next year wait 100% gain

Posted by Lasagna > 2021-03-06 11:04 | Report Abuse

Drop to 5 cents please

Posted by SuperPanda > 2021-03-06 11:05 | Report Abuse

btw, the price now .175, by end month qr report will be a loss report, how to go 30c?

id prefer sendai than velesto for higher investment return within 6 mths

sendai-wa now only 9.5c, mother 26c

sendai still a loss making but once it turnaround, it will fly like rocket