VELESTO ENERGY BERHAD

KLSE (MYR): VELESTO (5243)

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Last Price

0.285

Today's Change

-0.005 (1.72%)

Day's Change

0.275 - 0.29

Trading Volume

51,153,700


27 people like this.

23,784 comment(s). Last comment by ronaldotheGOAT 4 hours ago

WEIMEY

53 posts

Posted by WEIMEY > 2022-09-23 17:17 | Report Abuse

the uptrend will continue with the dayrate continue to hit $200K, buy and hold now, otherwise you will be regret!

Vicky

1,201 posts

Posted by Vicky > 2022-09-23 22:11 | Report Abuse

Aiyoo recession oil down 5%. Velesto all face the same. Why buy oil

Macgyver11

2,434 posts

Posted by Macgyver11 > 2022-09-24 00:15 | Report Abuse

Saudi (opec) and Russia already stand firm that they will maintain crude oil price in between usd 90 to 100. Why worried for 5% downfall after all these guys who are the one who will determine the market crude oil price...


Vicky

Aiyoo recession oil down 5%. Velesto all face the same. Why buy oil

WEIMEY

53 posts

Posted by WEIMEY > 2022-09-26 08:46 | Report Abuse

this is energy supply issue, only production can solve current inflation issue. I anticipated the jack up rig demand for malaysia will increase to 20 in 2023

Posted by bullmarket1628 > 2022-09-26 10:49 | Report Abuse

Sailang all my belongings till underwear to buy in Velesto at @0.11

Heng ah, Ong ah, Huat ah !

Vicky

1,201 posts

Posted by Vicky > 2022-09-26 14:56 | Report Abuse

Brace for impact sell down to 0.09 to 0.095

Macgyver11

2,434 posts

Posted by Macgyver11 > 2022-09-26 15:56 | Report Abuse

I'm waiting to collect more...oh yeah! Come to papa.

Posted by bullmarket1628 > 2022-09-26 17:29 | Report Abuse

Tommorrow once the Donbast referendum being passed, then Russia will annexed those 4 Donbast regions from Ukraine, then will start war between Russia and Europe, then oil price will spike up to above USD $120 again !

Then all the O & G counters will spike up to sky high especially Velesto's price will break above 30 cents !

Heng ah, Ong ah, Huat ah !

leedavid

414 posts

Posted by leedavid > 2022-09-27 09:08 | Report Abuse

keep buy velesto

Posted by bullmarket1628 > 2022-09-27 18:26 | Report Abuse

Russia's war in Ukraine is at a dangerous tipping point
Analysis by Nick Paton Walsh, CNN
Updated 1:49 AM EDT, Tue September 27, 2022

https://amp.cnn.com/cnn/2022/09/27/europe/putin-binary-moment-russia-ukraine-war-tipping-analysis-intl/index.html

Kramatorsk, Ukraine(CNN) The chaos of the past week might be incorrectly comforting. Despite Russia's continued disastrous handling of its war of choice in Ukraine, the conflict's most dangerous moment may be nearing.
At some point this week, the Kremlin will likely declare that "sham" referendums in four partially occupied areas of Ukraine have delivered a mandate for their swift assimilation into what Moscow calls Russian territory…

Posted by bullmarket1628 > 2022-09-27 20:08 | Report Abuse

Latest news from CNN…
A war between Russia & USA/Europe will be ignited anytime from now if the ‘Sham’ referendum results is in favour to russia (of course is a sure guranteed passed results created by Russia), So, since russia will use this results by annexed 4 Ukraine’s regions and as an excuse for them to publicly giving mandate to them to sending millions of troops to based the stations permanently into this 4 regions,
then a new World War III cannot be avoid and will happened anytime from now already !

Then the Oil price definitely will immediately shooting up to sky high !

And then all the O & G counters definitely will follow to spike up like mad already !

willc48

712 posts

Posted by willc48 > 2022-09-27 23:32 | Report Abuse

velesto.. hopeless. let the chinese runs the management.

Posted by bullmarket1628 > 2022-09-28 06:44 |

Post removed.Why?

SinGor

4,658 posts

Posted by SinGor > 2022-09-28 08:47 | Report Abuse

Recession, USA/EU going to War-----Velesto rally to above RM1.0 ( my prediction )
Reason is Simple. There is NO competition in Bursa. Tech Stock is Dead. Glove stocks are totally BurnT.
For Every Recession the only place that is always Packed is Genting. Chinese need to BET to get by everyday.

SinGor

4,658 posts

Posted by SinGor > 2022-09-28 08:57 | Report Abuse

Just mental psychology, if you ask ikan bilis to buy stock at RM5 and promise 100% rally, very few will enter. But
if stock is just 10sens, it can rally to RM1.0 (very expensive 1000X) and yet price is view as Cheap bcos
nasi Lemak is RM1.50

Macgyver11

2,434 posts

Posted by Macgyver11 > 2022-09-28 12:22 | Report Abuse

willc48

velesto.. hopeless. let the chinese runs the management

Betui kah..serba dinamik also actually run by Chinese (Chinese guy who conv to Malay mah), what happen now lingkup jugak...account fraudulent..kikiki. don't judge a book by its the cover.

Macgyver11

2,434 posts

Posted by Macgyver11 > 2022-09-28 12:23 | Report Abuse

Give time recovery on the way....

Vicky

1,201 posts

Posted by Vicky > 2022-09-28 17:34 | Report Abuse

Aiyoo stocks so illiquid. When want to sell need to wait till cow comes home. By that time market turn upside down and it's recession time ! Beware !

Macgyver11

2,434 posts

Posted by Macgyver11 > 2022-09-28 22:41 | Report Abuse

Where got recession lah. Recession is simply US agenda lah bro....all politic lah, this Joe biden dirty job to threaten the world. Don't influence with such a nonsense.

Posted by bullmarket1628 > 2022-09-29 06:44 |

Post removed.Why?

WEIMEY

53 posts

Posted by WEIMEY > 2022-09-29 17:12 | Report Abuse

Still holding velesto despite the price drop. UOB revised the target price for UOB to be RM 0.14, but this is yet to be factored the expectation of higher dayrate

The price would be revised once the dayrate is confirmed to be higher than $75,000. Dayrate $100,000 is on the way

Shines

2,740 posts

Posted by Shines > 2022-09-30 14:17 | Report Abuse

Yes no announcement on the outcome of the Dayrates price adjustments meeting. Janfan hangat hangat s**t ayam.

WEIMEY

53 posts

Posted by WEIMEY > 2022-10-01 10:57 | Report Abuse

the announcement will be made around end of the year

WEIMEY

53 posts

Posted by WEIMEY > 2022-10-01 10:57 | Report Abuse

ahead of Petronas Outlook report, I guess the demand for next year jack up is around 16 units

SinGor

4,658 posts

Posted by SinGor > 2022-10-01 10:59 | Report Abuse

https://www.malaysiakini.com/news/637734
All GE15 stocks will Rally Hard on Monday...
Velesto will break 15sens next week....fingers crossed

Shines

2,740 posts

Posted by Shines > 2022-10-03 17:26 | Report Abuse

@WEIMEY TQVM

Posted by bullmarket1628 > 2022-10-04 07:51 |

Post removed.Why?

Posted by bullmarket1628 > 2022-10-04 09:18 |

Post removed.Why?

Posted by bullmarket1628 > 2022-10-04 15:25 |

Post removed.Why?

SinGor

4,658 posts

Posted by SinGor > 2022-10-04 15:52 | Report Abuse

https://www.malaysiakini.com/news/638148

Umno special meeting today. If NOT GE15 than what???

Posted by bullmarket1628 > 2022-10-05 07:06 |

Post removed.Why?

Posted by bullmarket1628 > 2022-10-05 07:29 | Report Abuse

Oil prices could soon return to $100 as OPEC+ considers ‘historic’ cut, analysts say
PUBLISHED MON, OCT 3 2022 6:43 AM EDT

Lee Ying Shan @LEEYINGSHAN
Sam Meredith @SMEREDITH19

https://www.cnbc.com/amp/2022/10/03/opec-oil-prices-could-soon-return-to-100-a-barrel-analysts-say.html

KEY POINTS
* OPEC and non-OPEC producers, a group often referred to as OPEC+, will meet in Vienna, Austria on Wednesday to decide on the next phase of production policy.
* The oil cartel and its allies are considering an output cut of more than a million barrels per day, according to OPEC+ sources who spoke to Reuters.
* "The OPEC ministers are not going to come to Austria for the first time in two years to do nothing. So there's going to be a cut of some historic kind," said Dan Pickering, CIO of Pickering Energy Partners.

Posted by bullmarket1628 > 2022-10-05 09:27 |

Post removed.Why?

Posted by bullmarket1628 > 2022-10-05 09:29 |

Post removed.Why?

Posted by bullmarket1628 > 2022-10-05 09:31 | Report Abuse

Wow, Fantastics !
Now Hibiscs already traded at=>
0.955 (+0.085) (+9.8 %)!

Heng ah, Ong ah, Huat ah !

Posted by bullmarket1628 > 2022-10-05 09:38 | Report Abuse

Wow, Fabulous !
Now Hibiscs already traded at=>
0.97 (+0.10) (+11.5 %)!

Heng ah, Ong ah, Huat ah !

Posted by bullmarket1628 > 2022-10-05 09:44 | Report Abuse

Wow, Awesome !
Now Hibiscs already traded at=>
0.98 (+0.11) (+12.6 %)!

Heng ah, Ong ah, Huat ah !

Posted by bullmarket1628 > 2022-10-06 07:03 |

Post removed.Why?

Posted by bullmarket1628 > 2022-10-06 07:31 | Report Abuse

White House Disappointed With OPEC’s ‘Shortsighted’ Decision
By Charles Kennedy - Oct 05, 2022, 12:00 PM CDT

https://oilprice.com/Energy/Energy-General/White-House-Disappointed-With-OPECs-Shortsighted-Decision.amp.html

A White House statement following the OPEC+ decision to defy the Biden administration with an output cut for November vows to find new ways to temper OPEC’s control over energy prices. 

Earlier on Wednesday, members of OPEC+ said they would cut November production quotas by 2 million bpd, citing the “uncertainty that surrounds the global economic and oil market outlooks”. 

The decision immediately led to a more than 2% increase in Brent crude and WTI prices and goes directly against the Biden administration’s attempts to lobby Saudi Arabia for higher production to bring prices down. 

Shortly after the release of an OPEC+ press release detailing the output cuts, the White House said, “In light of today's action, the Biden Administration will also consult with Congress on additional tools and authorities to reduce OPEC's control over energy prices.”

Posted by bullmarket1628 > 2022-10-06 07:49 | Report Abuse

OPEC+ agrees deep oil production cuts, Biden calls it shortsighted
By Ahmad Ghaddar, Alex Lawler and Rowena Edwards
October 6, 2022 4:33 AM GMT+8Last Updated 17 min ago

https://www.reuters.com/business/energy/opec-heads-deep-supply-cuts-clash-with-us-2022-10-04/

VIENNA/LONDON, Oct 5 (Reuters) - OPEC+ agreed steep oil production cuts on Wednesday, curbing supply in an already tight market, causing one of its biggest clashes with the West as the U.S. administration called the surprise decision shortsighted.
OPEC's de-facto leader Saudi Arabia said the cut of 2 million barrels per day (bpd) of output - equal to 2% of global supply - was necessary to respond to rising interest rates in the West and a weaker global economy..

leedavid

414 posts

Posted by leedavid > 2022-10-06 10:44 | Report Abuse

tp 15sen

Lewis Lee

1,610 posts

Posted by Lewis Lee > 2022-10-06 16:14 | Report Abuse

https://www.theedgemarkets.com/article/heres-what-goldman-ubs-say-about-oil-after-big-opec-production-cut

almost all prominent international investment houses predicted Oil price will reach USD 100 !!

Heng ah, Ong ah, Huat ah !

Posted by bullmarket1628 > 2022-10-07 06:48 |

Post removed.Why?

Posted by hafizisolehah88 > 2022-10-07 09:40 | Report Abuse

slooooooow

Posted by bullmarket1628 > 2022-10-08 07:33 |

Post removed.Why?

CHLEONG888

921 posts

Posted by CHLEONG888 > 2022-10-08 07:34 | Report Abuse

Next week can reach TP 0.15???

George99

253 posts

Posted by George99 > 2022-10-08 11:23 | Report Abuse

Thought tp myr 1.00

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