Posted by bullmarket1628 > 2022-02-17 18:13 | Report Abuse

World’s Most-Important Oil Price Tops $100, Signals More to Come

https://www.bloomberg.com/news/articles/2022-02-16/world-s-most-important-oil-price-just-took-out-100-a-barrel

By Alex Longley+Follow
February 17, 2022, 3:52 AM GMT+8

Forget the futures market, the world’s most important oil price just smashed through $100 a barrel with every sign it is going to push higher. 
Dated Brent, the price of cargoes bought and sold in the North Sea, reached $100.80 a barrel on Wednesday for the first time since 2014, according to S&P Global Platts, the company that publishes the marker. Price spreads in the futures market are pointing to one the tightest markets ever.....

Posted by ken2004 > 2022-02-18 17:04 | Report Abuse

so no more war, oil drop back....

Posted by Macgyver11 > 2022-02-19 21:34 | Report Abuse

The dispute in between Russia and Ukraine not over yet. Monday most probably oil up again..

https://www.reuters.com/world/europe/shelling-breaks-out-east-ukraine-west-moscow-dispute-troop-moves-2022-02-17/

Posted by Macgyver11 > 2022-02-20 16:39 | Report Abuse

https://www.bharian.com.my/dunia/eropah/2022/02/924738/russia-bersedia-lancar-serangan-penuh-ke-atas-ukraine-nato

Posted by bullmarket1628 > 2022-02-22 09:43 |

Post removed.Why?

Posted by nava_87 > 2022-02-22 09:50 | Report Abuse

velesto going to start the game soon...

Posted by Macgyver11 > 2022-02-22 10:00 | Report Abuse

Hopefully Velesto return to black for this coming qtr

Posted by bullmarket1628 > 2022-02-22 10:20 | Report Abuse

Putin orders Russian troops to Ukraine after recognising breakaway regions
By Andrew Osborn and Dmitry Antonov
22-2-2022

https://www.reuters.com/markets/europe/kremlin-says-no-concrete-plans-summit-with-biden-over-ukraine-2022-02-21/

MOSCOW, Feb 21 (Reuters) - Russian President Vladimir Putin ordered the deployment of troops to two breakaway regions in eastern Ukraine after recognising them as independent on Monday, accelerating a crisis the West fears could unleash a major war.
A Reuters witness saw tanks and other military hardware moving through the separatist-controlled city of Donetsk after Putin issued a decree recognising the breakaway regions and told Russia's defence ministry to send in forces to "keep the peace".
The moves drew U.S. and European condemnation and vows of new sanctions although it was unclear whether it was Putin's first major step toward a full-scale offensive in Ukraine that Western governments have warned about for weeks.
A senior U.S. official said the deployment to breakaway enclaves already controlled by separatists loyal to Moscow did not yet constitute a "further invasion" that would trigger the harshest sanctions, but that a wider military campaign could come at any time.
There was no word on the size of the force Putin was dispatching, but the decree said Russia now had the right to build military bases in the breakaway regions.
In a lengthy televised address packed with grievances against the West, a visibly angry Putin described Ukraine as an integral part of Russia's history and said eastern Ukraine was ancient Russian lands.
Russian state television showed Putin, joined by Russia-backed separatist leaders, signing a decree recognising the independence of the two Ukrainian breakaway regions - the self-proclaimed Donetsk People's Republic and the Lugansk People's Republic - along with agreements on cooperation and friendship.
Defying Western warnings against such a move, Putin had announced his decision in phone calls to the leaders of Germany and France earlier, the Kremlin said.
Moscow's action may well torpedo a last-minute bid for a summit with U.S. President Joe Biden to prevent Russia from invading Ukraine, which the senior U.S. official said was now in doubt.
Oil jumped to a seven-year high, safe-havens currencies like the yen rallied and U.S. stock futures dived as Europe's eastern flank stood on the brink of war. The rouble
extended its losses as Putin spoke, at one point sliding beyond 80 per dollar.
Ukrainian President Volodymyr Zelenskiy, who received a solidarity call from Biden, accused Russia of wrecking peace talks and ruled out territorial concessions in an address to the nation early on Tuesday.
Biden, who also spoke to French President Emmanuel Macron and Germany Chancellor Olaf Scholz, quickly signed an executive order to halt all U.S. business activity in the breakaway regions and ban import of all goods from those areas.
White House spokesperson Jen Psaki said the measures were separate from sanctions the United States and its allies have been readying if Russia invades Ukraine.
U.S. Secretary of State Antony Blinken said the executive order "is designed to prevent Russia from profiting off of this blatant violation of international law."
The U.N. Security Council was due to meet publicly on Ukraine at 9 p.m. EST Monday (0200 GMT on Tuesday), a Russian diplomat said, following a request by the United States, Britain and France.
German Chancellor Olaf Scholz's spokesman said Germany, France and the United States had agreed to respond with sanctions, while British Foreign Minister Liz Truss said Britain would announce new sanctions on Tuesday.
NATO Secretary-General Jens Stoltenberg accused Russia of "trying to stage a pretext" for a further invasion. Russia annexed Crimea from Ukraine in 2014.
In his address, Putin delved into history as far back as the Ottoman empire and as recent as the tensions over NATO's eastward expansion. His demands that Ukraine drop its long-term goal of joining the Atlantic military alliance have been repeatedly rebuffed by Kyiv and NATO states.
With his decision to recognise the breakaway regions, Putin brushed off Western warnings.
"I deem it necessary to make a decision that should have been made a long time ago - to immediately recognise the independence and sovereignty of the Donetsk People's Republic and the Lugansk People's Republic," Putin said.
A French presidential official said the speech "mixed various considerations of a rigid and paranoid nature".

Posted by bullmarket1628 > 2022-02-22 10:20 | Report Abuse

DIPLOMATIC WINDOW NARROWS
Putin has for years worked to restore Russia's influence over nations that emerged after the collapse of the Soviet Union, with Ukraine holding an important place in his ambitions.
Russia denies any plan to attack its neighbour, but it has threatened unspecified "military-technical" action unless it receives sweeping security guarantees, including a promise that Ukraine will never join NATO.
Recognition of the separatist-held areas will narrow the diplomatic options to avoid war, since it is an explicit rejection of a seven-year-old ceasefire mediated by France and Germany.
Separately, Moscow said Ukrainian military saboteurs had tried to enter Russian territory in armed vehicles leading to five deaths, an accusation dismissed as "fake news" by Kyiv.
Those developments fit a pattern repeatedly predicted by Western governments, who have accused Russia of preparing to fabricate a pretext to invade by blaming Kyiv for attacks and relying on pleas for help from separatist proxies.
Washington says Russia has massed a force numbering 169,000-190,000 troops in the region, including the separatists in the breakaway regions, and has warned of invasion at any moment.

Posted by Macgyver11 > 2022-02-22 20:23 | Report Abuse

\KUALA LUMPUR (Feb 22): Velesto Energy Bhd said its unit Velesto Workover Sdn Bhd (VWO) has been awarded a contract by ExxonMobil Exploration and Production Malaysia Inc (EMEPMI) for the provision of one hydraulic workover unit and services to EMEPMI.

The contract is for a period of one year, commencing in the third quarter of 2022, until the completion of EMEPMI's selected wells programme.

“The value of this enabling contract with no guarantee of call-offs shall be based upon the agreed rates and work order, if any, issued by EMEPMI within the contract term,” said the oil rig operator in a bourse filing.

For the project, Velesto will deploy its VELESTO GAIT 6, a hydraulic workover unit with a maximum pulling and snubbing capacity of 460,000 lbs and 225,000 lbs, respectively, capable of rigging up on offshore platforms to perform wells workover, plugging and abandonment operations.

The group said the contract is expected to contribute to its earnings and net assets for the financial year ending Dec 31, 2022 (FY22) and FY23.

Velesto shares closed unchanged at 13 sen, with a market value of RM1.07 billion. Some 11.03 million shares were traded.

Posted by hafizisolehah88 > 2022-02-22 22:11 | Report Abuse

wow

Posted by Shines > 2022-02-23 13:37 | Report Abuse

Hello ABC I am going to hit you, haha, will I pre-inform ABC if I really wanted to hit him. Just think.

Posted by Macgyver11 > 2022-02-24 11:37 | Report Abuse

Oil 100 but veryslow not moving..apa nii

Posted by bullmarket1628 > 2022-02-24 12:24 |

Post removed.Why?

Posted by bullmarket1628 > 2022-02-24 12:32 |

Post removed.Why?

Posted by Anisdesanika > 2022-02-24 12:35 | Report Abuse

Touched 14sen...Looking good...

Posted by guojue > 2022-02-24 12:40 | Report Abuse

no moving at all.. LOL

Posted by bullmarket1628 > 2022-02-24 13:09 |

Post removed.Why?

Posted by nava_87 > 2022-02-24 13:21 | Report Abuse

Russis started we will fly soon..

Posted by Shines > 2022-02-24 13:30 | Report Abuse

Wah putin really hit ABC inform b4 hand, really beats me

Posted by nava_87 > 2022-02-24 13:31 | Report Abuse

Shines...you're a god...now velesto will fly or not?

Posted by hafizisolehah88 > 2022-02-24 13:38 | Report Abuse

tunggu quater report la jawabnya

Posted by bullmarket1628 > 2022-02-24 14:37 | Report Abuse

Russian forces invade Ukraine with strikes on major cities
By Andrew Osborn and Natalia Zinets 24-2-2022

https://www.reuters.com/world/europe/putin-orders-military-operations-ukraine-demands-kyiv-forces-surrender-2022-02-24/

Posted by bullmarket1628 > 2022-02-24 14:37 | Report Abuse

MOSCOW/KYIV, Feb 24 (Reuters) - Russian forces fired missiles at several cities in Ukraine and landed troops on its south coast on Thursday, officials and media said, after President Vladimir Putin authorised what he called a special military operation in the east.
Shortly after Putin spoke in a televised address on Russian state TV, explosions could be heard in the pre-dawn quiet of the Ukrainian capital of Kyiv.
Gunfire rattled near the capital's main airport, the Interfax news agency said, and sirens were heard over the city.

Posted by guojue > 2022-02-24 15:24 | Report Abuse

this counter is really shet... LOL

Posted by Macgyver11 > 2022-02-24 17:34 | Report Abuse

Seems qtr not good. Oil trading 103 usd but veryslow price plunged down. Apa lah nii

Posted by hafizisolehah88 > 2022-02-24 18:10 | Report Abuse

lol

Posted by sheep > 2022-02-24 21:54 | Report Abuse

qtr very bad...sell//sell///............wakakaka

Posted by warren_buffet8 > 2022-02-24 23:49 | Report Abuse

fly soon...dun miss the rocket...

Posted by bullmarket1628 > 2022-02-25 07:10 |

Post removed.Why?

Posted by EAGLE > 2022-02-25 08:34 | Report Abuse

Result pun susah mau kuar. Boleh fly ka?

Posted by Macgyver11 > 2022-02-26 08:51 | Report Abuse

Previously, Maybabk IB expect Velesto to end 2021 with a solid profit with high utilisation level of more than 70% for its current fleet size. They estimate three jack-ups (JUs), namely Naga 2, 4 and 8, will achieve a full three-month utilisation for 4Q21.

Let's see what is the reality when qtr report is out on monday.

Posted by Maxireturn > 2022-02-26 14:45 | Report Abuse

Next week above .18

Posted by DatoKyle > 2022-02-28 14:35 | Report Abuse

Insider news.. VELESTO target price 14 cents ++ by the end of the day ! Best luck to you all !

Posted by JoshuaMS7 > 2022-02-28 15:10 | Report Abuse

0.15.

Posted by JoshuaMS7 > 2022-02-28 17:01 | Report Abuse

qtr will be announced soon!

Posted by Macgyver11 > 2022-02-28 17:05 | Report Abuse

Good luck..hope for good profit

Posted by specializedvenge > 2022-02-28 18:55 | Report Abuse

Green....
Slowly back to track both revenue & profit

Posted by Izzyy > 2022-02-28 18:58 | Report Abuse

Drilling segment actually made profit before tax of 14million.. Just the other segments still dragging down profit. However good to finally achieve profit

Posted by hoot9e996 > 2022-02-28 19:01 | Report Abuse

a bit skeptical though today so much sell pressure at 12c
like if QR is good why would they start dumping the shares into the market for past few days
though i enter 12c today to test water
will tomorrow people rush to buy back?

Posted by Macgyver11 > 2022-02-28 19:01 | Report Abuse

Profit 5.4million. Better compared with knm

Posted by izoklse > 2022-02-28 19:04 | Report Abuse

a bit berat one this velesto. maybe higher pun boleh naik 2 cent only. heavy counter.

Posted by SinGor > 2022-02-28 20:08 | Report Abuse

a sigh of relief for many long term holders....just need more contracts. If Russian/UKraine war
last 6months ---Oil will stay above $90 for atleast a year

Posted by CHLEONG888 > 2022-02-28 21:11 | Report Abuse

Tomorrow fly . , at least 20%?????

Posted by Macgyver11 > 2022-03-01 07:21 | Report Abuse

Ya kah. Naik 18 kira ok la tu

Posted by davidkkw79 > 2022-03-01 11:45 | Report Abuse

Let ask SC about this, to check whether velesto major shareholder got giving insider guaranteed profit or not.

Posted by EAGLE > 2022-03-01 12:15 | Report Abuse

Ada kontrak mau announce?

Posted by DatoKyle > 2022-03-01 13:48 | Report Abuse

Insider news.. Tp 20 cents ++ by end of this week, and 30 cents ++ by end of next week !

Posted by Macgyver11 > 2022-03-01 14:50 | Report Abuse

Ya kah.

Posted by SinGor > 2022-03-01 22:02 | Report Abuse

if Vol. can reach 40--50mil per day for another 3 days, it means players are back