VELESTO ENERGY BERHAD

KLSE (MYR): VELESTO (5243)

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Last Price

0.16

Today's Change

-0.025 (13.51%)

Day's Change

0.145 - 0.19

Trading Volume

236,514,600


29 people like this.

24,374 comment(s). Last comment by RJ87 14 hours ago

IronShirt

3,178 posts

Posted by IronShirt > 2021-03-08 09:55 | Report Abuse

Only need more Job from Petronas and DonT give job to foreign operators. Any Type of Rigs can
be lease if the price is Right (previous commentator donT understand operation) Most important
are Jobs and Daily Charter Rate ( now about $70,000 / Day )

Posted by inikalilah888 > 2021-03-08 10:03 | Report Abuse

Brent oil 71, ini kali lah

oldie99

15 posts

Posted by oldie99 > 2021-03-08 10:18 | Report Abuse

Management cannot always rent seek from Petronas. The world is big . Go out and compete.

IronShirt

3,178 posts

Posted by IronShirt > 2021-03-08 10:31 | Report Abuse

https://www.thestar.com.my/business/business-news/2021/02/27/petronas-allocates-more-capex-for-domestic-ops

Petronas just increase 3% Capex for 2021....the amount of Job available is RM12Bil...People just
dont know the World outside Malaysia( asking outside job outside Malaysia ---very, very competitive ) Saudi jack-Up rate is only $54,000 compare to Velesto $70K ....Others you have
paid "underTable, Over-Table...give-up National Interest, No Bumi-Interest )

Macgyver11

2,492 posts

Posted by Macgyver11 > 2021-03-08 10:38 | Report Abuse

Aiya! Why so worried. Sure got project one lah...malaysia boleh. Hehe!!

Posted by SleepingForest > 2021-03-08 11:13 | Report Abuse

Will steadily increase until end of march . OPEC announced not increasing oli output . Oil price will steadily increase up to 75 .

My banker friend told that oil price need to stabilise at least usd80 for this year to break even and at least use 85 to make profit .

The oil price will slowly raise to this value

miniminer

505 posts

Posted by miniminer > 2021-03-08 12:22 | Report Abuse

So this mean short-mid term over 30cents? & mid-long term over 80cents?
Wah!!! few months free "Nasi Lemak + Teh tarik" wor ....... ok ok ok, go go Velesto, up up up ......hehehe.....................

Posted by Flybythenite > 2021-03-08 12:49 | Report Abuse

U sure Just nasi lemak + Teh Tarik? Invest la, can get more, don’t waste money paying commission!

Posted by Flybythenite > 2021-03-08 12:49 | Report Abuse

At 9.18am, the Energy Index was 51.39 points or 5.4% higher at 1,002.9 as share prices of companies including Sapura Energy Bhd and Velesto Energy Bhd gained among Bursa’s most active stocks.
https://www.theedgemarkets.com/article/bursa-energy-index-5-crude-oil-price-rise

Posted by Smartinvstor > 2021-03-08 13:13 | Report Abuse

High chances to reach 30cents in short to mid term. Based on Brent oil price increasing . Hold tight

Macgyver11

2,492 posts

Posted by Macgyver11 > 2021-03-08 13:16 | Report Abuse

Yes yes yes...go go.

Posted by Flybythenite > 2021-03-08 13:22 | Report Abuse

“Meanwhile, the Brent oil price continued seeing its uptrend after the Organization of the Petroleum Exporting Countries (OPEC) and its allies decided to keep production steady through April,” it said in a research note.

Given the set-up, it said the energy sector is likely to continue its uptrend move amid firmer Brent oil prices, while technology stocks might also be sought after by bargain hunters following the sharp decline.

Of the actives, Sapura Energy Bhd, Velesto Energy Bhd and Alam Maritim Resources Bhd were 1.5 sen higher each at 16.5 sen, 19 sen, and 10.5 sen respectively, KNM Group Bhd added one sen to 21.5 sen and Bumi Armada Bhd gained 3.5 sen to 49 sen.
https://www.theedgemarkets.com/article/fbm-klci-103-points-16104

Mabel

24,285 posts

Posted by Mabel > 2021-03-08 15:37 | Report Abuse

With this volume, I believe it can go higher...

Meow

Plantermen

2,242 posts

Posted by Plantermen > 2021-03-08 16:44 | Report Abuse

Below 20 good entry point

Posted by Chaostrader > 2021-03-08 17:07 | Report Abuse

Told u...be patient...all the stars are aligned...matter of time 30c...I'm all in...this baby is a laggard.

Posted by Smartinvstor > 2021-03-08 18:22 | Report Abuse

Yup matter of time. Hopefully before Raya. TAYOR

JJchan

7,182 posts

Posted by JJchan > 2021-03-08 19:41 | Report Abuse

EPF has dumped its entire holding in 2020 ( 576mil ---7% ) If EPF is collecting back, daily Volume
will be around 100mil for the next 2 weeks

Posted by hazsanariffin > 2021-03-08 23:32 | Report Abuse

Be careful when everybody is soo positive.. dont chase high. Plan ur game

DreamEmperor

3,340 posts

Posted by DreamEmperor > 2021-03-08 23:41 | Report Abuse

Waah

DreamEmperor

3,340 posts

Posted by DreamEmperor > 2021-03-08 23:41 |

Post removed.Why?

DreamEmperor

3,340 posts

Posted by DreamEmperor > 2021-03-08 23:42 |

Post removed.Why?

DreamEmperor

3,340 posts

Posted by DreamEmperor > 2021-03-08 23:42 | Report Abuse

Okay also la

DreamEmperor

3,340 posts

Posted by DreamEmperor > 2021-03-08 23:42 | Report Abuse

Boleh juga la

DreamEmperor

3,340 posts

Posted by DreamEmperor > 2021-03-08 23:42 | Report Abuse

Very good

DreamEmperor

3,340 posts

Posted by DreamEmperor > 2021-03-08 23:42 | Report Abuse

Excellent

DreamEmperor

3,340 posts

Posted by DreamEmperor > 2021-03-08 23:43 |

Post removed.Why?

DreamEmperor

3,340 posts

Posted by DreamEmperor > 2021-03-08 23:43 | Report Abuse

Congratulations

DreamEmperor

3,340 posts

Posted by DreamEmperor > 2021-03-08 23:43 | Report Abuse

Keep surging

DreamEmperor

3,340 posts

Posted by DreamEmperor > 2021-03-08 23:43 | Report Abuse

Good luck

char1234

5,299 posts

Posted by char1234 > 2021-03-08 23:59 | Report Abuse

oil ....hv to be patient ...won't spike gain 30 pct in a day ...tho uptrend , be wary as price of oil is due for correction before another rally

char1234

5,299 posts

Posted by char1234 > 2021-03-09 00:00 | Report Abuse

I'm keeping and buy more on retrace as I think hitting 85 is coming soon

char1234

5,299 posts

Posted by char1234 > 2021-03-09 00:01 | Report Abuse

aim higher, getting 15pct profit means nothing.... investors deserves at least 70pct

char1234

5,299 posts

Posted by char1234 > 2021-03-09 00:02 | Report Abuse

I'm the warrant investor

Posted by Flybythenite > 2021-03-09 09:43 | Report Abuse

Warrant also ok, can hold 3 more years!

Posted by Flybythenite > 2021-03-09 09:44 | Report Abuse

68.44 +0.44 +0.65%
20:40:39 - Real-time derived data. Currency in USD ( Disclaimer )

Posted by Flybythenite > 2021-03-09 09:50 | Report Abuse

Counters like this is very sensitive to external factors ( gulf ) , that’s why I always advise buy to invest. So that We all chill je during ups and downs. This is NOT a call to buy. Invest at own risky ya!

Lyn6Lyn

27 posts

Posted by Lyn6Lyn > 2021-03-09 09:51 | Report Abuse

This share can buy ?

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

If you wanna invest, yes.

Posted by Flybythenite > 2021-03-09 09:54 | Report Abuse

Today can buy at bargain. Always buy at dip!

Posted by SleepingForest > 2021-03-09 09:57 | Report Abuse

Oil counter are for holding . Just buy and put aside. Look back when oil hit usd85 by june

Posted by Flybythenite > 2021-03-09 10:03 | Report Abuse

Above 70 should be back to normal. Little little things other ppl’s country oso we panic sell ! This counter service Petronas, nothing to do with Gulf sentiments etc, but v also kencing! Tak paham! ;))))

Valgrovest

1,237 posts

Posted by Valgrovest > 2021-03-09 11:03 | Report Abuse

The up and down swing is interesting and good for trading....

maxcore

48 posts

Posted by maxcore > 2021-03-09 11:11 | Report Abuse

If you are an investor then buy..if you are a trader..can go home sleep

maxcore

48 posts

Posted by maxcore > 2021-03-09 11:12 | Report Abuse

Buy and not look back in the short period..I bought during MCO last year for 0.13cents.

Valgrovest

1,237 posts

Posted by Valgrovest > 2021-03-09 11:20 | Report Abuse

Sold ALL. Waiting for price to come down and reload. Just keep close watch on BRENT price. Yesterday was USD71 ++ Now at USD68. Definitely share price will have to correct and the big boys are locking in their profits.

Posted by escanor999 > 2021-03-09 11:52 | Report Abuse

Time to buy. Hold for medium term. Price will exceed 20sen

JuliusCeasar

1,216 posts

Posted by JuliusCeasar > 2021-03-09 12:13 | Report Abuse

About to rise back.... Hehehe

JuliusCeasar

1,216 posts

Posted by JuliusCeasar > 2021-03-09 12:17 | Report Abuse

Brent is now about to hit back USD 69...... Watch out 2nd Session today. Hehehe.....

Macgyver11

2,492 posts

Posted by Macgyver11 > 2021-03-09 14:33 | Report Abuse

I think brent will pullback temporary...they also want to kill contra players ma.

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