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.

24,375 comment(s). Last comment by RJ87 4 hours ago

Posted by bullmarket1628 > 2021-08-27 19:47 |

Post removed.Why?

Posted by bullmarket1628 > 2021-08-28 09:19 |

Post removed.Why?

JuliusCeasar

1,216 posts

Posted by JuliusCeasar > 2021-08-28 12:35 | Report Abuse

Agreed! Monday and next week onwards limit up. Gradually move up like KNM.

Macgyver11

2,492 posts

Posted by Macgyver11 > 2021-08-28 19:38 | Report Abuse

Waiting for another contract announcement for two more rigs soon. After the announcement the game will more fun...

Valgrovest

1,237 posts

Posted by Valgrovest > 2021-08-30 10:01 | Report Abuse

World oil prices dropping again. Consider taking profit.

FaridIsland

1,341 posts

Posted by FaridIsland > 2021-08-30 10:59 | Report Abuse

Ayooo...mana LU?...naik sikit2 pn xpe la

Macgyver11

2,492 posts

Posted by Macgyver11 > 2021-08-30 12:19 | Report Abuse

No LU lah I think...Amanah still power over the price. Surely will move up but slow and steady....my guess.

ZackMaz

79 posts

Posted by ZackMaz > 2021-09-01 12:08 | Report Abuse

End of year... Atleast 0.25c. Mark my word.

Valgrovest

1,237 posts

Posted by Valgrovest > 2021-09-01 14:38 | Report Abuse

Brent price consolidating at USD72. Guess price will just hover around the present level.

JuliusCeasar

1,216 posts

Posted by JuliusCeasar > 2021-09-01 14:50 | Report Abuse

From my analysis, this velesto would go rise back. I think its about time the price goes up and it would follow past record trend 11 - 18 FEB 2021 and 3 - 11 August 2020.

Velesto - Wa would goes up as well if really happen. I predict VELESTO - WA is more faster going up compare to its mother.

Good luck and happy trading! Past record never lies.

Posted by bullmarket1628 > 2021-09-01 15:01 |

Post removed.Why?

JuliusCeasar

1,216 posts

Posted by JuliusCeasar > 2021-09-01 15:12 | Report Abuse

VELESTO WOULD FOLLOW KNM FOOTSTEPS.... SLOWLY BUT SURELY.

Posted by bullmarket1628 > 2021-09-01 15:41 |

Post removed.Why?

Macgyver11

2,492 posts

Posted by Macgyver11 > 2021-09-01 17:37 | Report Abuse

Naga 4 rig start operation already for shell..

Macgyver11

2,492 posts

Posted by Macgyver11 > 2021-09-01 17:41 | Report Abuse

23/06/2021 5:55 PM
X
Macgyver11 And naga 2 and naga 5 already hired by Petronas Malaysia combined contract value of usd 20.76mil.

Naga 2 will commence its rig operation in between 15 May to 15 Jun 2021 (today is 23 of june by right the project already execute by now)
Naga 5 will commence its rig operation in between 1st Apr to 14 Apr 2021 ( project already kick off )

If everything goes on smooth then this revenue will reflect in 2nd/3rd qtr..

Meanwhile...

Naga 4 was hired by Shell Malaysia with contract value of usd 17.68mil and the project will commencing on 15 Aug to 15 Oct 2021.

And

Balance 2 more rigs pending for contract announcement soon.

SinGor

4,938 posts

Posted by SinGor > 2021-09-01 18:41 | Report Abuse

Velesto will most likely follows Sapnrg...Sap has about 10days to release Results. If Sap surge
on Good earnings...Velesto will just ride the surging Tide. Watch out Amanahraya, last Buying
is just too little. Used to Buy 100mil shares to support price

Valgrovest

1,237 posts

Posted by Valgrovest > 2021-09-02 10:10 | Report Abuse

https://oilprice.com/Energy/Crude-Oil/US-Shale-Ramps-Up-Drilling-But-Maintains-Spending-Restraint.html

Sell sell sell and take profit quick - world oil prices weakening as US pumping more shale oil

Posted by bullmarket1628 > 2021-09-03 07:29 |

Post removed.Why?

koyokui

1,972 posts

Posted by koyokui > 2021-09-03 11:46 | Report Abuse

Buy velesto profit company tp 20sen.

JuliusCeasar

1,216 posts

Posted by JuliusCeasar > 2021-09-03 14:53 | Report Abuse

Agreed! It's uptrend now and could hit 0.20 cents or more within 4 - 6 weeks time. Itt follow KNM TREND keep on rising gradually but slowly.

JuliusCeasar

1,216 posts

Posted by JuliusCeasar > 2021-09-03 14:55 | Report Abuse

Now sharks are accumulatinh VELESTO at 0.15 cents and VELESTO - WA at 0.07 cents. This is not a buying call but just my 2 cents analysist.

JuliusCeasar

1,216 posts

Posted by JuliusCeasar > 2021-09-03 15:05 | Report Abuse

Between VELESTO and VELESTO - WA i think warrant would give fast return. Its can go up by 2 cents in a day. Past record reveals it. August 2021 and February 2020 is the reference.

Macgyver11

2,492 posts

Posted by Macgyver11 > 2021-09-03 16:37 | Report Abuse

Going to hit 0.16 soon

Macgyver11

2,492 posts

Posted by Macgyver11 > 2021-09-03 16:39 | Report Abuse

Brent super hot now...O&G theme coming soon. Apa lagi sapu ler..

Posted by bullmarket1628 > 2021-09-04 10:30 | Report Abuse

Langkawi To Welcome Local Tourists As ‘Pilot Project’ Starting 16 September
Published 2 days ago September 2, 2021

worldofbuzz.com/langkawi-to-welcome-local-tourists-as-pilot-project-starting-16-september/

Posted by bullmarket1628 > 2021-09-04 10:31 | Report Abuse

The government has agreed to open the tourism sector in several destinations under the ‘travel bubble‘ programme based on a list of conditions.

As reported by Utusan Malaysia, Prime Minister Datuk Seri Ismail Sabri Yaakob said, for a start, Langkawi Island was chosen as a pilot project to be reopened to local tourists on Malaysia Day, 16 September.

“We are pleased to inform that through the meeting, we agreed to open the tourism sector in several destinations under the “travel bubble” programme based on the conditions set. For a start, Langkawi Island has been selected as a pilot project to reopen to local tourists starting 16 September,” he said.

He added that it would not be long before other tourist destinations will also be a part of this project.

“Other tourist destinations will be allowed to operate when the locality vaccination rate reaches 80%,” he said.

Shines

2,824 posts

Posted by Shines > 2021-09-05 12:02 | Report Abuse

Velesto tourism related?

Expertise

1,389 posts

Posted by Expertise > 2021-09-05 14:59 | Report Abuse

Why not? Your picture too small…@Shines

Macgyver11

2,492 posts

Posted by Macgyver11 > 2021-09-07 13:20 | Report Abuse

Hold be confident...September new contract announcement.

djibaok

1,183 posts

Posted by djibaok > 2021-09-08 00:48 | Report Abuse

manage to fish out the tenggelam drill rig kah?? can sell for scrap metal.... now steel price quite high...

koyokui

1,972 posts

Posted by koyokui > 2021-09-08 10:34 | Report Abuse

New project coming buy buy

Valgrovest

1,237 posts

Posted by Valgrovest > 2021-09-08 10:48 | Report Abuse

Show evidence of new project please. Otherwise it is likely to be fake.

Macgyver11

2,492 posts

Posted by Macgyver11 > 2021-09-08 12:17 | Report Abuse

Yes, most probably contract announcement around this month. 3 rigs already start operation and 2 two more rigs going to deploy this month as press released by Velesto BOD recently...

Macgyver11

2,492 posts

Posted by Macgyver11 > 2021-09-08 12:30 | Report Abuse

Read carefully. This is published in edge market after 2nd qtr released recently on 25 Aug....

"On outlook, Velesto said upstream activities are continuing globally with contracts continuously being awarded, despite the unabating Covid-19 pandemic.

“In Malaysia, a number of new contracts have been awarded and the group managed to secure some of these contracts. The group is also actively bidding for new tenders for contracts scheduled to commence this year and next year," Velesto said, adding that three of the group’s six available jack-up drilling rigs are working, while two are scheduled to commence mobilisation in September.

It also updated that survey works for the submerged Naga 7 is in progress and salvage operations plan will be finalised on completion of that report. However, the rig has been declared as a total loss, hence compensation from the insurers had been agreed upon, it said."

Note: Read the 2nd paragraph..out of six rigs, 3 rigs are already in working and 2 more to commence in September. Think carefully, Velesto has 5 rigs only at the moment...out of five rigs three already mobilized for Shell Malaysia and Petronas, left two more to be deploy in this month (the contract for two more even announce yet). Please check the previous contract announcement. Possibility there's announcement soon.

Macgyver11

2,492 posts

Posted by Macgyver11 > 2021-09-08 12:31 | Report Abuse

Knm shoot up already...Velesto should follow.

Macgyver11

2,492 posts

Posted by Macgyver11 > 2021-09-08 12:33 | Report Abuse

With all rigs deploy in full swing...I think possibility is there and bright...plus crude at comfortable zone.

koyokui

1,972 posts

Posted by koyokui > 2021-09-09 14:08 | Report Abuse

Velesto only few operator profit tp 20sen

JuliusCeasar

1,216 posts

Posted by JuliusCeasar > 2021-09-09 18:16 | Report Abuse

Just be patience

Money122

982 posts

Posted by Money122 > 2021-09-11 00:36 | Report Abuse

Will going up very soon

Posted by bullmarket1628 > 2021-09-11 07:39 |

Post removed.Why?

Posted by bullmarket1628 > 2021-09-13 17:55 | Report Abuse

Oil rises to one-week high as US supply concerns dominate
Monday, 13 Sep 2021 4:59 PM MYT
https://www.thestar.com.my/business/business-news/2021/09/13/oil-rises-to-one-week-high-as-us-supply-concerns-dominate

SINGAPORE: Oil prices rose for a second session on Monday as concerns over shut outpur in the United States, the world's biggest produces, following damage from Hurricane Ida supported the market, along with expectations for higher demand.
Brent crude rose 67 cents, or 0.9% to $73.59 a barrel, and U.S. West Texas Intermediate(WTI) crude also added 66 cents or 1% to $70.38 at 0633 GMT.

Shines

2,824 posts

Posted by Shines > 2021-09-13 18:13 | Report Abuse

Looks like oil price up is for us to pay more for usage of petrol only, nothing have affected the oil related co's share price

Allantanks

684 posts

Posted by Allantanks > 2021-09-13 23:29 | Report Abuse

Another manipulated counter lol.

Posted by bullmarket1628 > 2021-09-14 06:49 |

Post removed.Why?

Macgyver11

2,492 posts

Posted by Macgyver11 > 2021-09-14 10:30 | Report Abuse

Just accumulate brent trading above usd70 very good sign already. Another strong qtr coming soon + new contracts.

JuliusCeasar

1,216 posts

Posted by JuliusCeasar > 2021-09-14 14:45 | Report Abuse

Look like direction has changed... Its changed from uptrend to downtrend. Hmmmmm!
Or else need longer time to go uptrend back. HAiyaaa!!!

JuliusCeasar

1,216 posts

Posted by JuliusCeasar > 2021-09-14 14:47 | Report Abuse

I stay away for a while!!!!

JuliusCeasar

1,216 posts

Posted by JuliusCeasar > 2021-09-14 15:27 | Report Abuse

Bad Market sentiment dampen a lot KLSE STOCK prices. BECAREFUL!!!

Posted by ImprezaSti > 2021-09-14 16:23 | Report Abuse

who knows might be another 0104

Macgyver11

2,492 posts

Posted by Macgyver11 > 2021-09-14 16:29 | Report Abuse

Just be patience..after the 3rd qtr no 15cent anymore.

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