Posted by anaktodak > 2021-11-12 10:52 | Report Abuse

still got long way to .30 maybe after 2022 or gen election, buy @dip sale @high..

Posted by Macgyver11 > 2021-11-12 17:29 | Report Abuse

https://oilprice.com/Energy/Crude-Oil/EIA-Oil-Demand-Rebounds-Faster-than-Supply.html

Posted by hafizisolehah88 > 2021-11-15 23:32 | Report Abuse

hmmmm

Posted by Macgyver11 > 2021-11-16 19:19 | Report Abuse

Hmmmmm

Posted by amirsyam1001 > 2021-11-17 09:40 | Report Abuse

October and November worse month of the year

Posted by JoshuaMS7 > 2021-11-17 16:41 | Report Abuse

yaya velesto back to 0.095 soon!

Posted by specializedvenge > 2021-11-17 16:50 | Report Abuse

To up few months / years.
To drop.. 3 days

Posted by Macgyver11 > 2021-11-19 12:52 | Report Abuse

Don't worry qtr should be green...

Posted by hafizisolehah88 > 2021-11-19 23:09 | Report Abuse

hmmmm covid lagiii

Posted by Macgyver11 > 2021-11-20 20:16 | Report Abuse

Bila qtr announcement nye...

Posted by anaktodak > 2021-11-23 09:03 | Report Abuse

IBs TP .23-.30, minyak dunia range USD78-80, velesto main harga .14-.16, daripada mula pandemik sekarang andemik sama sahaja, semua wayang dan sandiwara.. tunggulah tahun 2023 mungkin akan naik kepada .30, banyak bersabar semua small investor dan ikan bilis

Posted by Macgyver11 > 2021-11-23 13:58 | Report Abuse

Qtr green..patience

Posted by Expertise > 2021-11-23 15:23 | Report Abuse

who keep buying…

Posted by sheep > 2021-11-23 15:46 | Report Abuse

no..who keep selling......wakakaka

Posted by Macgyver11 > 2021-11-23 16:36 | Report Abuse

Someone keep on collecting...possibility of good qtr coming ahead.

Posted by Macgyver11 > 2021-11-24 04:43 | Report Abuse

Oil price end up higher after SPR release by USA and India. Let see today movement...

Posted by IronShirt > 2021-11-24 16:48 | Report Abuse

maybe results out after 5:00

Posted by IronShirt > 2021-11-24 16:49 | Report Abuse

velesto doesnT need high Oil price to rally....just petronas Job

Posted by Macgyver11 > 2021-11-25 10:02 | Report Abuse

Qtr maybe release today or tomorrow...should be good result.

Posted by hafizisolehah88 > 2021-11-25 22:02 | Report Abuse

hmmmm

Posted by Lewis Lee > 2021-11-26 21:01 | Report Abuse

Qtr result will be bad !! might be loss !!

Posted by Micias84 > 2021-11-27 17:56 | Report Abuse

How qtr report

Posted by Macgyver11 > 2021-11-28 08:40 | Report Abuse

Monday

Posted by IronShirt > 2021-11-29 09:10 | Report Abuse

https://news.yahoo.com/african-doctor-says-patients-omicron-161457333.html

Omicron very Mild Covid....Over Blown by Biden

Posted by Macgyver11 > 2021-11-29 15:20 | Report Abuse

Qtr maybe today or tomorrow. Oil price back steady.

Posted by Macgyver11 > 2021-11-29 15:22 | Report Abuse

Most of oil counters already climbed up to highest level except Velesto.

Posted by Macgyver11 > 2021-11-29 19:02 | Report Abuse

Qtr net loss of 52,042mil. Very bad qtr.

Posted by Macgyver11 > 2021-11-29 19:05 | Report Abuse

Oil price trading above usd 70 + more contract from Petronas, still qtr loss. Apo nok dikato..Emm!

Posted by Izzyy > 2021-11-29 19:11 | Report Abuse

Hopefully next Qr will be better. All rigs should be working by then

Posted by JuliusCeasar > 2021-11-29 20:15 | Report Abuse

Omg! Qr too bad

Posted by Micias84 > 2021-11-29 20:26 | Report Abuse

Oil counter still recovery...buy more...dis price up

Posted by harimaubungaraya > 2021-11-30 10:06 | Report Abuse

is there any hope for this counter? hehe

Posted by Macgyver11 > 2021-11-30 16:57 | Report Abuse

Why suddenly volume very high

Posted by Macgyver11 > 2021-11-30 16:59 | Report Abuse

Harimau definitely got hope but hv to wait until next year when their qtr shows profitable back.

Posted by Macgyver11 > 2021-11-30 17:00 | Report Abuse

One more contract due to announcement..

Posted by Lewis Lee > 2021-12-01 12:51 | Report Abuse

Basically, Petronas don't award new contract, this company will die or loss !!!!
Petronas becomes their only sugar daddy !!!

Posted by Micias84 > 2021-12-02 18:17 | Report Abuse

Lewis lee always negative...how you know this company will die

Posted by Lewis Lee > 2021-12-04 10:55 | Report Abuse

You see other oil & gas companies eg armada, Yinson , dialog etc keep reporting profit Q after Q or winning contracts everywhere, but Very-slow still no positive annoucement , how not to negative ?? They are waiting for Petronas s contract only ! Now Petronas new CEO has been tightening the belt, and hesitate to award contracts, like that F liao loh !!

Posted by RTA09391 > 2021-12-06 16:30 | Report Abuse

This counter no time to die

Posted by Lewis Lee > 2021-12-07 17:31 | Report Abuse

https://www.thestar.com.my/business/business-news/2021/12/07/velesto-likely-to-close-2021-with-solid-performance

It rated the stock a “buy” with an unchanged target price of 23 sen per share and said its target price is pegged to a one time enterprise value to replacement value valuation.

Posted by BLITZRIEG > 2021-12-08 13:44 | Report Abuse

Good…..hope VelySlow become VelyFast next year

Posted by Lewis Lee > 2021-12-09 11:01 | Report Abuse

Despite many analysts give TP from 0.23-0.30, even The Edge's Tong's fundamental portfolio purchased it at 0.16, the accounts show very healthy cashflow with low gearing ratio, ..... etc
Veryslow remains Veryslow .... :(

Posted by Lewis Lee > 2021-12-09 11:08 | Report Abuse

JP Morgan Predicts The End Of Covid, A Strong Economy, And $125 Oil
By Tsvetana Paraskova - Dec 08, 2021, 12:00 PM CST
JP Morgan believes that things are looking up for the global economy next year and consumption will remain strong for years to come
The bank highlights inflation, the Chinese economy, and the transition from a pandemic to an endemic disease as the three economic factors to watch moving forward
This prediction for a vibrant economy supports the banks earlier claim that oil prices could hit $125 per barrel next year

Next year could lay the foundation for "a far more vibrant economic environment" and COVID transitioning from a pandemic to an endemic disease, JP Morgan said in its Outlook 2022, titled 'Preparing for a vibrant cycle.'

According to the investment bank, household net worth is at all-time highs in many developed countries, and excess savings are elevated. Consumption will likely be strong for years amid strong labor market conditions and the capacity to take on more debt, JP Morgan's strategists said in the report for 2022.

"Although we see clear potential for a more vibrant economic cycle, the environment is also fraught with cross-currents. We are confident the economic expansion will continue through 2022, but its strength will likely be determined by the monetary response to inflation, the relative success of Chinese policymakers in rebalancing their economy, and the pace of the transition from a pandemic to an endemic disease," the bank noted.

A vibrant economy means robust demand for oil, and JP Morgan even said last week that crude oil prices could soar to $125 per barrel in 2022 and $150 in 2023 due to OPEC's limited capacity to boost production.

The Omicron variant that has spooked markets over the past two weeks could be the beginning of the end of the pandemic, JP Morgan strategists Marko Kolanovic and Bram Kaplan wrote in a note last week, as carried by Bloomberg.

If the new variant turns out to be less deadly, it would fit the historical patterns of virus evolution. This would be bullish for risk markets as it could suggest the end of the pandemic is in sight, the strategists said.

Bill Gates also expressed optimism that the end of the pandemic could be in sight at some point next year.

"I am hopeful, though, that the end is finally in sight. It might be foolish to make another prediction, but I think the acute phase of the pandemic will come to a close some time in 2022," Gates wrote in his 'Year in Review' blog post on Tuesday.

By Tsvetana Paraskova for Oilprice.com

Posted by kyliew > 2021-12-10 09:37 | Report Abuse

12 cents.. Where is the floor

Posted by Macgyver11 > 2021-12-10 21:17 | Report Abuse

Board Director En Rohaizad out (retired) and will replace by En Megat Zariman Abdul Rahim. En Zariman is former Bumi Armada offshore service head.

The Board further announces the appointment of Encik Megat Zariman Abdul Rahim ("Encik Megat") as the President and Non-Independent Executive Director of VEB, effective from 25 February 2022. Encik Megat has 31 years of extensive oilfield business which includes 7 years of international working experiences. He brings solid industry background and strong proven leadership in both corporate and operations

Posted by Macgyver11 > 2021-12-10 21:19 | Report Abuse

Hope velesto will start with new chapter next year....

Posted by cashflow > 2021-12-14 09:44 | Report Abuse

Leverage on profitable and potential counters like ICON and Reach,

Posted by Macgyver11 > 2021-12-17 08:13 | Report Abuse

Average crude oil price for month of November USA 81.54/b. Even daily oil trading price looks volatile but monthly average showing uptrend. Oil trading in between USD 70 to 75 pb next year, that's Opec+ forecast. IB forecast expected Velesto return to extraordinary profitable year end qtr. As oil price stabil at USD 70 in coming year, more short and long terms contracts will be awarded to Velesto. Buy low sell high

Posted by koyokui > 2021-12-22 14:34 | Report Abuse

Buy velesto al redy show rebound sign

Posted by bullmarket1628 > 2021-12-23 05:36 |

Post removed.Why?