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 10 hours ago

Posted by bullmarket1628 > 2021-04-28 21:26 | Report Abuse

Global oil prices up after OPEC+ demand recovery forecast
BY ANADOLU AGENCY APR 28, 2021 12:45 PM
https://www.google.com.my/amp/s/www.dailysabah.com/business/energy/global-oil-prices-up-after-opec-demand-recovery-forecast/amp

Posted by bullmarket1628 > 2021-04-28 21:26 | Report Abuse

Oil prices rose Wednesday after the OPEC+ alliance made bullish predictions signaling a strong global oil demand recovery this year despite COVID-19 flare-ups in India and an expected build in U.S. crude stocks.
International benchmark Brent crude was trading at $66.17 per barrel at 6:43 a.m. GMT for a 0.45% rise after closing Tuesday at $65.87 per barrel.....

Posted by bullmarket1628 > 2021-04-28 22:57 | Report Abuse

‪Yahoooooooo !‬
Brent now at $67.12 ‪+1.25 +1.90%‬

‪Huat ah, Heng ah, Ong ah !‬

JuliusCeasar

1,216 posts

Posted by JuliusCeasar > 2021-04-29 08:19 | Report Abuse

Good news....

Posted by bullmarket1628 > 2021-04-29 09:01 | Report Abuse

Goldman Sachs forecasts the biggest jump in oil demand ever
PUBLISHED WED, APR 28 20218:06 AM EDTUPDATED WED, APR 28 20219:15 AM EDT

https://www.cnbc.com/2021/04/28/goldman-forecasts-the-biggest-jump-in-oil-demand-ever.html

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2021-04-29 09:05 | Report Abuse

Yes no doubt oil stks are coming soon!!

nashvz

263 posts

Posted by nashvz > 2021-04-29 09:22 | Report Abuse

my holding in VELESTO is rising. now hopefully my other stock Dayang will start rising soon. oil counter will be popular very soon. GS target massively up this summer.

Posted by Flybythenite > 2021-04-29 09:50 | Report Abuse

Actually price drop lately was due to India record high spike in covid infections. World 3rd largest economy. :(

Posted by Flybythenite > 2021-04-29 09:51 | Report Abuse

Anyways Brent crude futures were up $1.23, or 1.9%, to $67.65 a barrel by 10:53 a.m. EDT (1453 GMT).

Posted by Flybythenite > 2021-04-29 09:56 | Report Abuse

So more jobs for Velesto?

Petronas sitting on 'very sizeable and healthy' oil and gas exploration portfolio
https://www.upstreamonline.com/exploration/petronas-sitting-on-very-sizeable-and-healthy-oil-and-gas-exploration-portfolio/2-1-997332

Macgyver11

2,492 posts

Posted by Macgyver11 > 2021-04-29 19:09 | Report Abuse

Now 68 +...syiok

Posted by Flybythenite > 2021-04-29 20:05 | Report Abuse

Sooner or later must rally, just park here 1 st la! :)

Posted by Flybythenite > 2021-04-29 20:05 | Report Abuse

06:04 am CST 29/04/2021

Brent Crude (May Contract)
68.33 +1.59%

Posted by Flybythenite > 2021-04-29 20:08 | Report Abuse

Three Things That Will Drive Oil Prices In May
By Alex Kimani - Apr 28, 2021, 7:00 PM CDT
https://oilprice.com/Energy/Crude-Oil/Three-Things-That-Will-Drive-Oil-Prices-In-May.html
#1. OPEC Meeting: Strong oil Demand

OPEC+ has ditched plans to hold a full ministerial meeting on Wednesday and instead plans to gather in early June after a technical meeting on Tuesday voiced concerns about surging Covid-19 cases.

The good news: The technical committee has forecast global oil consumption to rebound by 6M bbl/day this year, according to delegates who attended the panel.

Posted by Flybythenite > 2021-04-29 20:11 | Report Abuse

Goldman: Oil To Hit $80 On Largest Ever Demand Jump
https://oilprice.com/Energy/Energy-General/Goldman-Oil-To-Hit-80-On-Largest-Ever-Demand-Jump.html
By Tsvetana Paraskova - Apr 28, 2021, 11:00 AM CDT
Trade Oil Futures Now

Goldman Sachs expects global oil demand to realize the biggest jump ever over the next six months, the investment bank said on Wednesday, keeping its bullish forecasts for oil prices this summer.

Higher demand for travel and acceleration of vaccinations in Europe are set to result in “the biggest jump in oil demand ever, a 5.2 million barrels per day (bpd) rise over the next six months,” Reuters quoted Goldman Sachs as saying in a note to clients.

Posted by Flybythenite > 2021-04-29 20:17 | Report Abuse

Renewal energy still at infancy..looooong way to go b4 can replace OnG... 5-10 years? Or much longer?
https://oilprice.com/Alternative-Energy/Renewable-Energy/The-Ugly-Truth-About-Renewable-Power.html

Jjkcl

883 posts

Posted by Jjkcl > 2021-04-29 20:55 | Report Abuse

Oil prices really shooting up above 68

Expertise

1,389 posts

Posted by Expertise > 2021-04-29 21:02 | Report Abuse

This time will shoot til 75 usd/bpd

KAQ4468

21,497 posts

Posted by KAQ4468 > 2021-04-29 21:39 | Report Abuse

Pasti mariiiiii

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2021-04-29 21:44 | Report Abuse

All in 0.175 tomoro!!

Macgyver11

2,492 posts

Posted by Macgyver11 > 2021-04-29 22:07 | Report Abuse

Damn hot man...

lianbc12

57 posts

Posted by lianbc12 > 2021-04-29 22:27 | Report Abuse

Tomorrow start price 0185

JuliusCeasar

1,216 posts

Posted by JuliusCeasar > 2021-04-30 07:58 | Report Abuse

Good news

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2021-04-30 09:58 | Report Abuse

Walao buy more 0.165!!

Posted by sukiesee > 2021-04-30 10:36 | Report Abuse

Oil prices go up seems no related to this stock. Stagnant hahaha

SuperPanda

11,431 posts

Posted by SuperPanda > 2021-04-30 10:37 | Report Abuse

i came here before velesto get new contract the price .175, after get contract price even lower

you should know next qr also will not make profit,if no profit how to go up?

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2021-04-30 11:14 | Report Abuse

haha, lower just buy in and wait cross 0.200 to gain profit!

Macgyver11

2,492 posts

Posted by Macgyver11 > 2021-04-30 12:13 | Report Abuse

Man man...it will go up. Don't worry. If you want quick money then buy lottery lorr..that one also if you're lucky strike 1st prize..Haha!

Posted by Flybythenite > 2021-04-30 12:36 | Report Abuse

Oil drop abit. It’s ok. We are all investors here. Not punters. Very confident will “strike oil” aka huat ah ! :)

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2021-04-30 14:43 | Report Abuse

Yaya bought at 0.165 and sell at 0.200 later oil 75 usd hehe...

pea3034

296 posts

Posted by pea3034 > 2021-05-03 11:06 | Report Abuse

bullmarket1628 sudah gila ini tiap tiap itu sja dia posting

Macgyver11

2,492 posts

Posted by Macgyver11 > 2021-05-03 17:33 | Report Abuse

Covid case rise again. Investors sceptical. Stay safe stay healthy.

m3379

211 posts

Posted by m3379 > 2021-05-03 20:45 | Report Abuse

Naga-7 had leg punch through today while preloading at ConocoPhillips location. Broken leg, patah. Abandon rig!

mamatede

3,950 posts

Posted by mamatede > 2021-05-03 21:02 | Report Abuse

Gone case, Naga-7 abandone and sunk.......

Macgyver11

2,492 posts

Posted by Macgyver11 > 2021-05-03 21:28 | Report Abuse

Where did you get the info?

m3379

211 posts

Posted by m3379 > 2021-05-03 21:34 | Report Abuse

It will not sink, as the Hull is watertight. Just need repair and recertification. Lengthy process.

Macgyver11

2,492 posts

Posted by Macgyver11 > 2021-05-03 21:38 | Report Abuse

The contract commence in first half of the year. Plenty of time

Macgyver11

2,492 posts

Posted by Macgyver11 > 2021-05-03 21:44 | Report Abuse

Tq hockster

Posted by armadatuah2017 > 2021-05-03 21:50 | Report Abuse

ya, Naga 7 sinks

Upupshare

78 posts

Posted by Upupshare > 2021-05-03 21:50 | Report Abuse

Sink is better, no headach to repair total claim insurance.

m3379

211 posts

Posted by m3379 > 2021-05-03 21:57 | Report Abuse

That pictures showing the rig has not sink. It's just tilted since 1 leg broken. Another 2 legs still standing. Prior abandon rig, the crews will make sure all watertight doors are shut.

Posted by bullmarket1628 > 2021-05-03 22:08 | Report Abuse

‪Wow, oil price continue it’s uptrend !‬
Brent now at $67.31 ‪+0.55 +0.82%‬

‪Huat ah, Heng ah, Ong ah !‬

Posted by bullmarket1628 > 2021-05-04 05:27 |

Post removed.Why?

Posted by bullmarket1628 > 2021-05-04 05:38 | Report Abuse

Oil Turns Higher As EU Looks To Welcome Vaccinated Tourists
By Tsvetana Paraskova - May 03, 2021, 11:00 AM CDT

https://oilprice.com/Energy/Oil-Prices/Oil-Turns-Higher-As-EU-Looks-To-Welcome-Vaccinated-Tourists.html

Oil prices recouped earlier losses and were rising by more than 1 percent on Monday morning, after the European Union unveiled a plan to open its borders to vaccinated tourists, giving more hope to oil bulls that economies and oil demand are set for a rebound in the summer months.  
As of 10:28 a.m. EDT on Monday, WTI Crude was trading up 1.46 percent at $64.47, and Brent Crude prices had risen by 1.26 percent at $67.57.

driller71

145 posts

Posted by driller71 > 2021-05-04 09:00 | Report Abuse

Naga 7 already sank and submerged under water

driller71

145 posts

Posted by driller71 > 2021-05-04 09:00 | Report Abuse

latest news

dare2join

72 posts

Posted by dare2join > 2021-05-04 10:29 | Report Abuse

Based on various sources gathered, an unfortunate incident happened to Velesto’s Naga 7 rig during operations. One of its legs “punched through” during first preloading, which resulted in the rig tilting around 10 degrees.

That said, the rescue operation on Naga 7, led by Perdana Marathon and Armada Tuah vessels was a success, with zero casualty reported. All the 101 crew members onboard Naga 7 are safe and have been transferred onshore.

Naga 7 is still floating. The potential damage will be further assessed.

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