Posted by koyokui > 2021-05-25 09:22 | Report Abuse

Buy oil break inflation point

Posted by KAQ4468 > 2021-05-26 20:06 | Report Abuse

Kasi mari

Posted by Jjkcl > 2021-05-26 20:47 | Report Abuse

after Raya angpow mari

Posted by Skywalker00 > 2021-05-26 21:35 | Report Abuse

Now Sapnrg almost same price already. Really parixh counter!!!

Posted by sheep > 2021-05-26 21:47 | Report Abuse

when Vel qr out, will drop to below 0.10 ....wakakakaka

Posted by Macgyver11 > 2021-05-27 11:06 | Report Abuse

Qtr bila announce?

Posted by Skywalker00 > 2021-05-27 13:20 | Report Abuse

QR should have been out . Guess the Naga tengelam so susah sikit.... biasa slow results ..... you know la.,.kena massage dulu.

Posted by bullmarket1628 > 2021-05-28 05:59 |

Post removed.Why?

Posted by koyokui > 2021-05-28 09:15 | Report Abuse

Buy velesto oil new high

Posted by Macgyver11 > 2021-05-28 16:52 | Report Abuse

Today most probably qtr release....watch outfor the qtr result first..

Posted by hisaishi > 2021-05-28 19:37 | Report Abuse

EGM on 28june

Posted by Macgyver11 > 2021-05-28 20:49 | Report Abuse

Govn announced total lockdown june 1st ( 14 days)

Posted by KAQ4468 > 2021-05-29 12:09 | Report Abuse

pewittttttt

Posted by Jjkcl > 2021-05-29 12:26 | Report Abuse

oil prices highest in 2 years ,good for all o

Posted by KAQ4468 > 2021-05-29 12:27 | Report Abuse

layan saja


13 cents will become 40 cents

Posted by Macgyver11 > 2021-05-29 13:49 | Report Abuse

O&G categories under essential service...so I think no problem still can operate as usual nevertheless oil price in strong position. No worries.

Posted by Macgyver11 > 2021-05-29 13:49 | Report Abuse

Qtr ????

Posted by SleepingForest > 2021-05-30 13:53 | Report Abuse

OnG services are essential and will continue to run . But since the sentiment is bad the share price will drop 0.005-0.01. If have money just buy and keep .

Posted by shark3011 > 2021-05-30 15:06 | Report Abuse

With current sentiment and rising cases.Next week price may drop to 0.01 as previous.

Posted by Macgyver11 > 2021-05-30 15:51 | Report Abuse

I don't think so up to 0.01c. Today covid cases go down (6999cases). Most of the recent spike I believed due to pasar Ramadan and Raya celebration that took place previously. If Tomorrow go down further then this will positive sign to market and as well to the investors.

Posted by Macgyver11 > 2021-05-30 15:56 | Report Abuse

From 9000+ cases drop to 6000+...that's very good positive sign already. If tomorrow improve further then I think total lockdown will gradually abolish or maybe change to CMCO...just my small thought.

Posted by Macgyver11 > 2021-05-30 16:03 | Report Abuse

Whatsoever brent is in very strong position. Last year when total lockdown was imposed (not Malaysia only but around the world)...brent was dropped to below usd10, that's why O&G companies effected a lot. Today up to now brent trading strong. Just my 2c opinion.

Posted by KAQ4468 > 2021-05-30 16:15 | Report Abuse

Peewiittttt

Posted by KAQ4468 > 2021-05-30 16:15 | Report Abuse

Invest invest invest

Posted by KAQ4468 > 2021-05-30 16:15 | Report Abuse

13 cents become 40 cents

Posted by Jjkcl > 2021-05-30 17:33 | Report Abuse

this year better than last year due to better oil prices.

Posted by pestariang > 2021-05-31 08:37 | Report Abuse

i am waiting for the qtr result i would be safe to wait..

Posted by sheep > 2021-05-31 09:13 | Report Abuse

Till now no qr...must be very bad....
if not out by today....limit down...die kaw kaw like naga 7.....wakakaka

Posted by bullmarket1628 > 2021-05-31 14:26 |

Post removed.Why?

Posted by bullmarket1628 > 2021-05-31 15:58 |

Post removed.Why?

Posted by hisaishi > 2021-05-31 17:28 | Report Abuse

will see what will happen above 70 later..

Posted by Macgyver11 > 2021-05-31 18:40 | Report Abuse

1st Qtr loss 60mil

Posted by Valgrovest > 2021-05-31 18:43 | Report Abuse

Another quarter of loss, though lower loss whereas Bumi Armada already turned around and reported profit. Earlier told you guys to take profit and run..but....

Posted by Macgyver11 > 2021-05-31 18:49 | Report Abuse

No worries relax..

Posted by Macgyver11 > 2021-05-31 18:56 | Report Abuse

All the project that they won will execute in 2nd qtr of year except naga 7. More projects coming soon that's equivalent to 1b..

Posted by Macgyver11 > 2021-05-31 19:02 | Report Abuse

Matter of time to announce new projects.

Posted by Macgyver11 > 2021-05-31 19:17 | Report Abuse

1)Naga 4 for Shell (contract value usd17. 68mil) commence date 15/8/2021

2) Naga 2 & 5 for Petronas (contract value usd20.76mil) commence on 15/5/2021

....and more on the way

Posted by sheep > 2021-05-31 20:12 | Report Abuse

Prospects

Currently, three of the Group’s six available jack-up drilling rigs are working. Another rig is scheduled to commence mobilisation by the middle of June. The two remaining rigs are being proposed for a number of ongoing tenders.

Naga 7 remains submerged off the coast of Sarawak after the incident on May 3. The incident area is secured while the Group is working with the insurance underwriters and Protection & Indemnity (P&I) Club on the way forward.
The rig and other related liabilities are adequately covered under the Hull & Machinery insurance and the P&I Club, respectively. Progressing on the insurance claims, Velesto Drilling Sdn. Bhd, as the insured under the H&M policy has on 31 May 2021 issued a notice of abandonment of the submerged rig, Naga 7 to the H&M insurers, pursuant to the H&M policy and currently await their response.

Next qr will also be in red...deep red ... wakakakaka

Posted by SleepingForest > 2021-06-01 08:26 | Report Abuse

The current price is already a reflection of the expected red qr .

Long term investors are already expecting loss . Thats why the share price at 0.135. If this quater was supposed to be green than the share price will be about 0.225.

However on the bright side , 60mil loss is less than what we were expecting. We were expecting somewhere around 100-150mill loss.

Posted by sheep > 2021-06-01 09:01 | Report Abuse

should be around 0.11 ...wakakaka

Posted by bullmarket1628 > 2021-06-01 09:16 |

Post removed.Why?

Posted by sheep > 2021-06-01 09:21 | Report Abuse

When write off for naga 7 and court battle with insurance company starts.....after next qr, should be lower than 0.11....wakakaka

Posted by Macgyver11 > 2021-06-01 09:38 | Report Abuse

Ya kah..congratulation.

Posted by bullmarket1628 > 2021-06-01 09:50 |

Post removed.Why?

Posted by JoshuaMS7 > 2021-06-01 10:05 | Report Abuse

oil price 45 0.150, oil price 70 usd 0.130!! haha

Posted by pestariang > 2021-06-01 10:31 | Report Abuse

Report had been out. Still show red

Posted by Macgyver11 > 2021-06-01 13:26 | Report Abuse

The way I see that profit will imminent after the 3rd qtr onward. Velesto good for mid to long term investment not for short term.

Posted by JoshuaMS7 > 2021-06-01 13:45 | Report Abuse

yaya long term sure turn green like armada since oil price broke 70usd and stand firm towards 80 usd end of this year!

Posted by Jjkcl > 2021-06-01 13:46 | Report Abuse

long term investment,2nd and 3rd quarter will be profitable due to the recent contract awarded to velesto

Posted by kennyqs > 2021-06-01 15:40 | Report Abuse

velesto tp should be 0.3