VELESTO ENERGY BERHAD

KLSE (MYR): VELESTO (5243)

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Last Price

0.21

Today's Change

0.00 (0.00%)

Day's Change

0.21 - 0.215

Trading Volume

14,702,300


28 people like this.

24,138 comment(s). Last comment by harvest6138 7 hours ago

Posted by bullmarket1628 > 2021-04-09 08:46 | Report Abuse

‪Wow, oil price continue to rise !‬
‪Brent closed at ‬$63.32 ‪+0.42 +0.67%‬

mf

28,455 posts

Posted by mf > 2021-04-09 08:47 | Report Abuse

TEHRAN: The number of confirmed coronavirus cases in Iran passed the two million mark Thursday, the health ministry announced, as the daily caseload reached a new record high.

The virus has infected 2,006,934 people in Iran and killed 63,884, ministry spokeswoman Sima Sadat Lari said in televised remarks.
https://www.nst.com.my/world/world/2021/04/680777/iran-covid-cases-pass-two-million

Posted by SleepingForest > 2021-04-09 08:57 | Report Abuse

Good counter for investment. I'm holding this counter for long term investment .have been adding for sometime

SinGor

4,787 posts

Posted by SinGor > 2021-04-09 09:21 | Report Abuse

Slow Climb on Clear path. Everybody wants to collect Cheap, slow movement. Not many Contra

Posted by inikalilah888 > 2021-04-09 10:18 | Report Abuse

Fourth Contract Win in Less Than 1 Month
Slow but surel

Allantanks

684 posts

Posted by Allantanks > 2021-04-09 10:42 | Report Abuse

Don't buy first. Wait until 30c to confirm uptrend. Lol hahahahaha hahaha

Posted by syafeq87 > 2021-04-09 15:04 | Report Abuse

baru beli = 0.18
this morning 0.185

Macgyver11

2,492 posts

Posted by Macgyver11 > 2021-04-09 18:30 | Report Abuse

Wow so many MOU, so many discovery of new oil fields. Petronas need more rigs service from our local players. More short/long term contract will be issuing out by petronas soon. Among the 24 active tenders mostly from Petronas. Velesto = Gold mine...

Macgyver11

2,492 posts

Posted by Macgyver11 > 2021-04-09 18:38 | Report Abuse

KNM - closed 0.19c
Velesto - closed 0.18c

So many new joiner said velesto not moving. Remember velesto was trading @ 0.14c on 1st Jan 2021..within couple month moved to 0.18c. Is that fantastic.

Posted by Flybythenite > 2021-04-09 19:06 | Report Abuse

Which OnG ctr rocket up when whole industry is still tanked by covid? Looking at actual fact and figure, this counter is performing well. I’ve no complaints! :)

Macgyver11

2,492 posts

Posted by Macgyver11 > 2021-04-09 19:30 | Report Abuse

There is another two more velesto royal customers that even issue any tender yet...

1) Mubadala petroleum and..
2) Hess carigali

Hope velesto can bid another contract from either one.

Posted by Flybythenite > 2021-04-10 00:53 | Report Abuse

Like tat easily 19.5 sen soon! :)
4 Weeks Range: 0.165 - 0.195

Posted by Flybythenite > 2021-04-10 00:59 | Report Abuse

With impairment costs written off last Q4, tis Q1 results should be good and clean ! ;)

Posted by eeeman85 > 2021-04-10 21:00 | Report Abuse

Velesto, Thheavy, Barakah and Icon.... Let's all in

Posted by HuatlaiOnglai > 2021-04-12 08:28 | Report Abuse

RM2.9B tender....in a niche market with Velesto being the front runner to secure upcoming tenders. With the niche play, one can assuming they secure 50% (RM1.5B) tender as low case probability and high case 90% of the tender with a strong upside to the share price.

JJchan

7,182 posts

Posted by JJchan > 2021-04-12 08:42 | Report Abuse

another 2 contract win will surely ends Velesto in Full Circle , back to 30cents

JJchan

7,182 posts

Posted by JJchan > 2021-04-12 09:01 | Report Abuse

https://www.bursamalaysia.com/misc/missftp/sblnt/NetShortPosition20210409.pdf

2 weeks ago I still see velesto being "Short" by RSS ( 10mil ++) ------Last Friday All Gone
Even Shorties have All Buy Back

JuliusCeasar

1,216 posts

Posted by JuliusCeasar > 2021-04-12 09:33 | Report Abuse

Oil price spike again and moving north.... Hope touch USD 65 today....

Macgyver11

2,492 posts

Posted by Macgyver11 > 2021-04-12 10:24 | Report Abuse

JJchan another 2 contract win will surely ends Velesto in Full Circle , back to 30cents
12/04/2021 8:42 AM

Yup exactly...still got one more indication to look for before the price hike up.

Institutional investors

Posted by bullmarket1628 > 2021-04-12 19:12 |

Post removed.Why?

Macgyver11

2,492 posts

Posted by Macgyver11 > 2021-04-13 17:26 | Report Abuse

Sapura, knm and perdana sdh goyang hari ini...velesto still strong.

Posted by bullmarket1628 > 2021-04-13 22:07 |

Post removed.Why?

limitupmeh

1,352 posts

Posted by limitupmeh > 2021-04-13 23:28 | Report Abuse

last buy 0.180 big fund masuk

Posted by bullmarket1628 > 2021-04-14 11:42 | Report Abuse

‪Wow, oil price continue to rise !‬
Brent now at $64.12 ‪+0.45 +0.71%‬

Posted by bullmarket1628 > 2021-04-14 17:17 |

Post removed.Why?

Posted by Flybythenite > 2021-04-14 22:05 | Report Abuse

Shell contracts Velesto rig for Malaysia campaign
Save to read list Published by Nicholas Woodroof, Deputy Editor
Oilfield Technology, Friday, 09 April 2021 15:00

Velesto Energy Berhad (VEB) has announced that Velesto Drilling Sdn Bhd (VED), a wholly-owned subsidiary of Velesto Malaysian Ventures Sdn Bhd, which in turn is a wholly-owned subsidiary of VEB, has received a Letter of Award from Sarawak Shell Berhad/Sabah Shell Petroleum Co. Ltd. (SSB/SSPC) for a contract for the provision of jack-up drilling rig services.
The contract is for VEB’s jack-up rig NAGA 4 to drill seven firm wells, with an estimated contract value of US$17.68 million. The expected commencement date is between 15 August 2021 to 15 October 2021.

NAGA 4 is an independent-leg cantilever jack-up drilling rig that has a drilling depth capability of 30 000 ft and has a rated operating water depth of 400 ft.

Posted by Flybythenite > 2021-04-14 22:11 | Report Abuse

Oil price climbing up now!
65.00 +1.33 +2.09%

Allantanks

684 posts

Posted by Allantanks > 2021-04-14 23:12 | Report Abuse

Brent 66.

Posted by bullmarket1628 > 2021-04-15 07:31 |

Post removed.Why?

Macgyver11

2,492 posts

Posted by Macgyver11 > 2021-04-15 08:27 | Report Abuse

Wow! Brent now usd66+ guys...

Macgyver11

2,492 posts

Posted by Macgyver11 > 2021-04-15 08:27 | Report Abuse

If like that one more contract coming soon..

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2021-04-15 08:45 | Report Abuse

buy buy buy!!

SinGor

4,787 posts

Posted by SinGor > 2021-04-15 08:49 | Report Abuse

for time being velesto is much better than Sap ( until Qr. results Out ) Testing 20sens soon

Posted by Jonathan Keung > 2021-04-15 08:54 | Report Abuse

Last Qtr result was bad hopefully we can see it turn around this time

JuliusCeasar

1,216 posts

Posted by JuliusCeasar > 2021-04-15 10:44 | Report Abuse

Brent oil hit again USD 66.... Stock price still not moving up......

Look like Maybe BRENT oil hit PRICE USD 70 would boast again the stock price......

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2021-04-15 11:14 | Report Abuse

Yes. Should break 70 usd this few days! Yahoo!

Macgyver11

2,492 posts

Posted by Macgyver11 > 2021-04-15 16:53 | Report Abuse

JuliusCeasar Brent oil hit again USD 66.... Stock price still not moving up......

Wait for big fund buyers to join in.. if brent can break us 70 and stabilise strong over there then it will give more confident to the institutional buyers (Epf, khazanah and so on). The scenario will be totally different after that..trust me. Patience

Macgyver11

2,492 posts

Posted by Macgyver11 > 2021-04-15 17:00 | Report Abuse

Look back velesto record in 2019 once EPF and PNB start to acquired batch by batch....oh man! Its pushed the price drastically. It's full of excitement sailing with them.

JuliusCeasar

1,216 posts

Posted by JuliusCeasar > 2021-04-15 17:14 | Report Abuse

Totally Agreed with you Macgyver11.

limitupmeh

1,352 posts

Posted by limitupmeh > 2021-04-15 19:58 | Report Abuse

tomorrow oil rebound

Macgyver11

2,492 posts

Posted by Macgyver11 > 2021-04-16 13:01 | Report Abuse

Wow! Guys brent now usd67+

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2021-04-16 14:54 | Report Abuse

Should be back to 0.165 before go forward! Cut loss first!!

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2021-04-16 15:10 | Report Abuse

covid wave 4 is coming, ready to collect at low as possible again!!

Macgyver11

2,492 posts

Posted by Macgyver11 > 2021-04-16 17:21 | Report Abuse

Why worried..we collect as below as 0.12c/0.13c..kikiki!

JJchan

7,182 posts

Posted by JJchan > 2021-04-16 18:38 | Report Abuse

https://www.bursamalaysia.com/misc/missftp/sblnt/NetShortPosition20210415.pdf

RSS boys have all disappeared. RSS boys are All Bankers themselves so when they give
good review (bimb lately) it is obvious RSS positions are Gone. ( IB are mostly crooks )

Macgyver11

2,492 posts

Posted by Macgyver11 > 2021-04-16 21:25 | Report Abuse

World in the midst of planning, opening the border with the strict sop. That's good news so far..

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