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 9 minutes ago

Posted by bullmarket1628 > 2022-03-02 07:32 |

Post removed.Why?

Legend

4,119 posts

Posted by Legend > 2022-03-02 07:58 | Report Abuse

Morning...minum coffee dulu.

Santiago

466 posts

Posted by Santiago > 2022-03-02 09:23 | Report Abuse

hahaha.. useless company. oil above USD100 per barrel also not helping it. just imagine what will happen when oil start a downtrend..

nicholas99

9,917 posts

Posted by nicholas99 > 2022-03-02 09:27 | Report Abuse

tak boleh.. jalan.. all time low. haha

SinGor

4,938 posts

Posted by SinGor > 2022-03-02 09:41 | Report Abuse

20mil Volume in 30mins....Impressive Vol. This Ukraine War will last atleast 6months But sanctions will Not
off the Hook in 2--3years. Russian Oil has no buyers (3 mil Oil deficit every month) expected...Any body buys
Russian Oil will be sanction, i think China is walking on a very tight Rope

Posted by StayHumble > 2022-03-02 10:05 | Report Abuse

Despite getting all contracts from Petronas and receiving support from PNB , this Bumi company still can't perform. Sorry to say but ,I believe if it was run by chinese /non-bumi management, this company will make alot of money. Look at Hibiscus, Armada, Yinson, etc... The evidence is right in front our eyes.

nicholas99

9,917 posts

Posted by nicholas99 > 2022-03-02 10:06 | Report Abuse

Not really.. it only getting more contract from petronas nearing the end of 2021 year. hence whole 2021 still making losses.. it move too slow. don't have backup plan if petronas failed to turn up.

SinGor

4,938 posts

Posted by SinGor > 2022-03-02 10:20 | Report Abuse

more than 60% contract came from International Oil Co....Petronas gave around 35% of Velesto Total Contract...
Remember Velesto was previously UMW subsidiaies ( not petronas son )

koyokui

1,972 posts

Posted by koyokui > 2022-03-02 10:33 | Report Abuse

Buy velesto tp 15sen. Oil above 100 now

DatoKyle

369 posts

Posted by DatoKyle > 2022-03-02 12:28 | Report Abuse

Insider news.. VELESTO guaranteed 15 cents ++ !

Posted by warren_buffet8 > 2022-03-02 13:27 | Report Abuse

get ready to fly....

JJchan

7,182 posts

Posted by JJchan > 2022-03-02 14:53 | Report Abuse

Buyer 32mil , Seller 17mil.----maybe warming up for a Bull Run given Oil $110

Macgyver11

2,492 posts

Posted by Macgyver11 > 2022-03-02 17:26 | Report Abuse

18c coming.

DatoKyle

369 posts

Posted by DatoKyle > 2022-03-02 19:40 | Report Abuse

Insider news.. VELESTO guaranteed 15 cents ++ ! But, i sell over 500K lots at 12.5 - 13 cents today !

Posted by bullmarket1628 > 2022-03-03 06:29 |

Post removed.Why?

hoot9e996

1,813 posts

Posted by hoot9e996 > 2022-03-03 15:01 | Report Abuse

wow bought 12c to test water.... go up 15c !!! next week !!!

Posted by warren_buffet8 > 2022-03-03 15:55 | Report Abuse

hibiscs and bumi armada move forward alrdy...it's the time velesto move forward as well...

sunsetbiz

770 posts

Posted by sunsetbiz > 2022-03-03 16:01 | Report Abuse

sleep till coma lol...

EAGLE

393 posts

Posted by EAGLE > 2022-03-03 16:13 | Report Abuse

Tahun depan baru bole break 15

Izzyy

16 posts

Posted by Izzyy > 2022-03-03 17:03 | Report Abuse

Slow and steady

DatoKyle

369 posts

Posted by DatoKyle > 2022-03-03 20:36 | Report Abuse

No chance.. tomorrow most ppls will dump Velesto.. expected to close around 11.5 - 12 cents end of the day !

Zolan2020

449 posts

Posted by Zolan2020 > 2022-03-03 21:11 | Report Abuse

see tonite crude close.

Ananas

109 posts

Posted by Ananas > 2022-03-04 01:04 | Report Abuse

down risk is low, safety to enter at this point

Posted by warren_buffet8 > 2022-03-04 17:05 | Report Abuse

flushed weak players....next week is the show time..

Macgyver11

2,492 posts

Posted by Macgyver11 > 2022-03-04 20:52 | Report Abuse

There's so many market sentiments block the price from going up. Russia Ukraine war, worried of nuclear deployment, rumour of WWIII (in between USA Russia) and our local running for election is over due already. But not forever..patience

Posted by bullmarket1628 > 2022-03-05 08:13 |

Post removed.Why?

Posted by hafizisolehah88 > 2022-03-07 09:00 | Report Abuse

brent 130?

Posted by hafizisolehah88 > 2022-03-07 09:00 | Report Abuse

velesto bangun laaaa

Lewis Lee

1,695 posts

Posted by Lewis Lee > 2022-03-07 14:20 | Report Abuse

This very-slow counter, brent reach 200 already also "unchanged" !! haiz

nicholas99

9,917 posts

Posted by nicholas99 > 2022-03-07 14:34 | Report Abuse

lose money business how go up.

Posted by bullmarket1628 > 2022-03-08 06:49 |

Post removed.Why?

anaktodak

95 posts

Posted by anaktodak > 2022-03-08 11:43 | Report Abuse

:)

supersim

25 posts

Posted by supersim > 2022-03-08 14:26 | Report Abuse

velesto too heavy to move..

Posted by investor2021trading > 2022-03-08 15:18 | Report Abuse

Russia Says Energy Embargo Could Send Oil Prices Over $300
By ZeroHedge - Mar 07, 2022, 5:30 PM CST

Posted by bullmarket1628 > 2022-03-09 07:03 |

Post removed.Why?

Posted by bullmarket1628 > 2022-03-09 07:30 | Report Abuse

Biden announces ban on Russian oil imports, calling it 'Putin's price hike'
March 8, 2022, 9:43 PM +08�/�Updated�March 9, 2022, 2:25 AM +08
By Kristen Welker, Peter Alexander and Rebecca Shabad
https://www.nbcnews.com/politics/politics-news/us-ban-russian-oil-imports-rcna19119

WASHINGTON ? President Joe Biden announced Tuesday that the U.S. will target "the main artery of Russia's economy" by banning the import of Russian energy products.
"We're banning all imports of Russian oil and gas and energy," Biden said in remarks from the White House. "That means Russian oil will no longer be acceptable at U.S. ports and the American people will deal another powerful blow to Putin's war machine."

The president warned that the move would probably increase gas prices in the U.S., but that it was necessary to ramp up sanctions pressure on Russia's economy for its war on Ukraine.�
?Putin's war is already hurting American families at the gas pump," Biden said. "I?m going to do everything I can to minimize Putin's price hike here at home.?
Biden's language clearly anticipated a concerted Republican effort to blame him directly for the rise in gas prices, which hit a record in the U.S. on Tuesday. With gas prices certain to become a huge political issue in this year's midterm elections, Biden devoted much of his remarks to focusing American anger directly on Putin, while also encouraging U.S. energy companies to produce more domestic oil.
The president said the U.S. had made the decision to ban Russian energy products "in close consultation" with allies around the world, particularly in Europe. He said many of those partners may not be able to take the same action.
"The United States produces far more oil domestically than all of Europe," said Biden, who said the U.S. is a net exporter of energy. "We can take this step when others cannot, but we're working closely with Europe and our partners to develop a long-term strategy to reduce their dependence on Russian energy as well."

Posted by bullmarket1628 > 2022-03-09 08:24 | Report Abuse

Oil surges as U.S. bans Russian crude, Britain to phase out purchases
By Shariq Khan. 9-3-2022

https://www.reuters.com/business/oil-see-saws-near-14-yr-highs-us-weighs-russia-oil-embargo-2022-03-08/

BENGALURU, March 8 (Reuters) - Oil prices settled around 4% higher on Tuesday as the United States banned Russian oil imports and Britain said it will phase them out by year end, decisions expected to further disrupt the global energy market where Russia is the second-largest exporter of crude.
Oil prices have surged more than 30% since Russia invaded Ukraine, and the United States and other countries imposed a raft of sanctions. Russian oil and gas exports were already being shunned before the ban as traders sought to avoid running afoul of future sanctions.
U.S. President Joe Biden announced a ban on Russian oil and other energy imports. Britain said it will phase out the import of Russian oil and oil products by the end of 2022, giving the market and businesses time to find alternatives.

Brent crude futures settled at $127.98 a barrel, 3.9% higher, while U.S. crude futures settled at $123.70 a barrel, a 3.6% increase.

Russia ships 7 million to 8 million barrels per day of crude and fuel to global markets. European allies are not expected to join the United States in the ban, but major buyers there are already shunning Russian oil. Shell, the one notable major that did buy Russian crude, faced a torrent of criticism, including from Ukraine's foreign minister. On Tuesday, Shell said it would no longer buy Russian oil.
The disruption could ripple through other energy markets, as Russian oil and products are used for refining into other goods...

Posted by warren_buffet8 > 2022-03-09 12:05 | Report Abuse

it's the time to up...go go go...dun miss the rocket...

EAGLE

393 posts

Posted by EAGLE > 2022-03-09 13:33 | Report Abuse

Need new contract announcement

EAGLE

393 posts

Posted by EAGLE > 2022-03-09 13:33 | Report Abuse

And good Q1 result

moneytr33

545 posts

Posted by moneytr33 > 2022-03-09 16:14 | Report Abuse

price droppedd???? why???

Posted by specializedvenge > 2022-03-09 17:03 | Report Abuse

0.115 touched, wtf

Posted by bullmarket1628 > 2022-03-10 00:54 | Report Abuse

Malaysia will reopen its borders to international travellers on April 1, says PM
By JOSEPH KAOS
Tuesday, 08 Mar 2022 5:44 PM MYT

https://www.thestar.com.my/news/nation/2022/03/08/malaysia-will-reopen-its-borders-to-international-travellers-on-april-1-says-pm

KUALA LUMPUR: Malaysia will reopen its borders to international travellers starting April 1, says Datuk Seri Ismail Sabri Yaakob on Tuesday (March 8).
The Prime Minister said visitors, as well as Malaysian returnees, who are fully vaccinated are not required to undergo quarantine upon arrival.
They, however, must undergo a RT-PCR test two days before departure and a rapid test (RTK) upon arrival.
As for travellers who have not been fully vaccinated, Ismail Sabri said the entry procedures will be explained by Health Minister Khairy Jamaluddin on Wednesday (March 9).
?As part of our ?Transitioning to Endemicity? phase, the government has decided to reopen the country?s borders from April 1.
?This move will revive the country?s economy, especially the tourism industry that has been heavily affected by the pandemic.
?The decision is made based on science and current facts related to Covid-19, as well as the reopening of borders in other countries...

Team01

10 posts

Posted by Team01 > 2022-03-10 16:45 | Report Abuse

This is because of US president Joe Biden who cannot do anything in KGB terrorists Putin who wants Ukraine?s oil

EAGLE

393 posts

Posted by EAGLE > 2022-03-10 17:54 | Report Abuse

sell down. Going under below 10 cent.

citadel888

532 posts

Posted by citadel888 > 2022-03-10 17:58 | Report Abuse

same fate with sapura

supersim

25 posts

Posted by supersim > 2022-03-10 19:57 | Report Abuse

oil price up, u go down.. oil price go down u can go up o not ...

mf

29,216 posts

Posted by mf > 2022-03-10 19:58 | Report Abuse

Ukraine foreign minister says Russian officials ?live in their own reality? after talks fail

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