Posted by Macgyver11 > 2023-02-03 10:11 | Report Abuse

I queue at 0.25c below. Good entry point. See got luck or not.

Posted by Bon888 > 2023-02-03 10:44 | Report Abuse

Based on status of Rigs below, expecting new contract awards in Q1 and Q2 2023. Each new contract will push up share price :D.

Status of rigs. All of Velesto’s rigs are currently chartered, as follows:

Naga 2 – Contracted Until 2Q2023.

Naga 3 – Contracted Until 1Q2023.

Naga 4 – contracted until 1Q2023, will undergo upgrade works after – till 2Q2023.

Naga 5 – Contracted Until Mid-2024 With This Job Win.

Naga 6 – Contracted Until 1Q2023 for Petronas Carigali.

Naga 8 – Contracted Until 1Q2024 for Carigali-Hess Operating Company.

Posted by Bon888 > 2023-02-03 10:55 | Report Abuse

Expecting new contract reward for Naga 2, 3 and 6 in Q1 2023 or Q2 2023. Keep goreng it, sampai crispy.

Posted by MyInvest > 2023-02-03 10:56 | Report Abuse

Hope can see today 0.27 atleast noon or by EOD.

Posted by tai yee > 2023-02-03 14:42 | Report Abuse

please jalan jalan......

Posted by Harryww > 2023-02-03 14:53 | Report Abuse

The big legs are slowly selling. Just wait, not the times to buy.

Posted by nicholas99 > 2023-02-03 15:00 | Report Abuse

世行:原油价格放缓 大马今年收入料续下降

Posted by Macgyver11 > 2023-02-03 15:07 | Report Abuse

Can go as lowest as 0.20c I guess. Lai lai I'm waiting..haha!

Posted by mfa359 > 2023-02-03 15:20 | Report Abuse

Your last chance to enter 0.25 today, resistance is good considering next thaipusam. Tues sure explode

Posted by TCH1186 > 2023-02-03 15:33 | Report Abuse

ini kaunter tak boleh tahan punya.. sudah lari 0.13 tapi terbang ##%!@^#&!&@) !

Posted by SinGor > 2023-02-03 15:50 | Report Abuse

IF 70% of 0.250 Parking are eaten by 5:00PM., next Tuesday will be another Long March UP. Bcos 4Q22 is
predicted to be Good. Very Good compare to pre-covid Qr. And results Out will be around 22--24 Feb ( usually
Good results fly out faster than normal Qr )

Posted by Macgyver11 > 2023-02-03 21:01 | Report Abuse

Yes true. USA in deep sh!!t trouble. Facing us$31.4 trillion debt default. Their own US Treasury Secretary, Janet Yallen warns of financial crisis if USA defaults on debt payment.
(Us$31.4 trillion equal to RM134.6 trillion).

Better observe carefully. Don't fall in love with your stock..situation going to be bad. Possible Take profit first and reduce your stack, keep minimum as possible. 2c

Posted by Macgyver11 > 2023-02-03 21:17 | Report Abuse

THE TURKEY STORY

A little boy was walking down the road when he came upon an old man trying to catch wild turkeys. The man had a turkey trap, a crude contrivance consisting of a big box with the door hinged at top.

This door was kept open by a prop to which was tied a piece of twine leading back a hundred feet or more to the operator. A thin trail of corn scattered along a path lured turkeys to the box. Once inside the turkeys found an even more plentiful supply of corn. When enough turkeys had wandered inside the box, the old man would jerk away the prop and let the door fall shut. Having once shut the door, he couldn't open it again without going up to the box and this would scare away any turkeys lurking outside. The time to pull away the prop was when as many turkeys were inside as one could reasonably expect.

Posted by Macgyver11 > 2023-02-03 21:18 | Report Abuse

One day he had a dozen turkeys in his box. Then one sauntered out, leaving 11. "Gosh, I wish I had pulled the string when all 12 were there," said the old man. "I'll wait a minute and maybe the other one will go back,"

But while he waited for the twelfth turkey to return, two more walked out on him. "I should have been satisfied with 11," the trapper said. "Just as soon as I get one more back, I'll pull the string."

But three more walked out. Still the man waited. Having once had 12 turkeys, he disliked going home with less than eight. He couldn't give up the idea that some of the original number would return. When finally only one turkey was left in the trap, he said, "I'll wait until he walks out or another goes in, and then I'll quit." The solitary turkey went and join the others, and the man returned empty-handed.

Moral of the story: The analogy to the psychology of the normal investor is amazingly close.

STOP COUNTING TURKEYS AND GET RID OF YOUR LOSSES..

Posted by Bon888 > 2023-02-03 21:28 | Report Abuse

What happened to this guy bullmarket1628? Last time he posting Huat ah Walauehh messages everyday. He sold all his shares already?

Posted by kingJ > 2023-02-03 22:18 | Report Abuse

https://www.thestar.com.my/business/business-news/2023/02/02/velesto-profits-set-to-rise-on-high-charter-rates

Posted by kingJ > 2023-02-03 22:26 | Report Abuse

Anyone can give opinion of what the PE should be?

Posted by Klse_faizan > 2023-02-03 22:35 | Report Abuse

Bon888... technical user. he want reentry low price. that why. keep shout2 here for what if u already sell it

Posted by Lewis Lee > 2023-02-03 22:38 | Report Abuse

latest TP from HL is 29ct but this fact king stup!d kenanga give 0.16 ct !
remember last time this fact king stup!d IB gave 8ct TP ! follow their stock call and dumped shares one would have cursed this fact king kenanga to hell loh !! lol

Posted by kingJ > 2023-02-03 23:27 | Report Abuse

Agree agree

Posted by kingJ > 2023-02-04 00:53 | Report Abuse

Base on 25cts and 190mil profit, the PE is only around 13. For a company expecting increasing profit for the next few FY, the PE should be higher. Look at MrDiy, it's PE is around 40

Posted by anaktodak > 2023-02-04 01:06 | Report Abuse

mamak, one roti sardine takeaway

Posted by obakh222 > 2023-02-04 03:25 | Report Abuse

I give u guys tip la. wen I buy price sure go down. Wen I sell price sure go up up up. Now I keep quiet and see only n enjoy my profit on paper.

Posted by StayHumble > 2023-02-04 12:03 | Report Abuse

Velesto is in a sweet spot right now. Rigs in short supply. Worldwide utilization already 95%. Just like when gloves in short supply we all saw what happened. Now rigs in short supply... and Velesto is the only prominent local player. So, just enjoy the ride.

Posted by WEIMEY > 2023-02-04 13:09 | Report Abuse

the research from Kenaga is just rubbish, few years ago I entered stock market, and buy and sell based on your advice, you guess what, I have been losing RM 500,000 in total (including those opportunity upside). Then I do not trust their advice anymore. and closed down all account

Posted by WEIMEY > 2023-02-04 13:11 | Report Abuse

Those who listen to KNG advice to sell velesto at Rm 0.08 last September, are again crying now, and should close their KNG account, you know what, from RM 0.08 to RM 0.24, how much you lost in your gain

Posted by Macgyver11 > 2023-02-04 13:49 | Report Abuse

Wait at 0.20c..blh sapu banyak2..kikiki

Posted by Macgyver11 > 2023-02-04 13:56 | Report Abuse

If very lucky can get back 0.18/ 0.19c..mari2 kasi turun skt.

Posted by Macgyver11 > 2023-02-04 14:11 | Report Abuse

If I'm extraordinary lucky then changes to collect as lowest as 16c is practicable...Kenanga dream will come true. Don't scold Kenanga bcoz they just do the research only, actual power in our hand. As I said earlier, don't count the turkey..be a smart investor. hahaha!

Posted by WEIMEY > 2023-02-04 16:41 | Report Abuse

Thanks for comment, @macgyver11, Velesto is unlikely to back to RM 0.20, I guess EPF should be buying in already, not sure when to disclose, from all the volume and trend, I can see someone is buying, that should be EPF, we would know in few months down the road. Disclaimer, this is my guess, just for reference.

Posted by SinGor > 2023-02-04 19:37 | Report Abuse

https://oilprice.com/Latest-Energy-News/World-News/Fitch-Expects-95-Oil-In-2023.html
________________________________________
Fitch expects $110--$95 Oil...I think Fitch is more reliable than Others bcos Fitch is a Rating Agency.
Others could be "paid" agent for Big Time Shorties

Posted by sheep > 2023-02-05 10:07 | Report Abuse

How many got trapped at 26 sen? walou!

Posted by liyeow > 2023-02-05 10:09 | Report Abuse

Naga 5 – Contracted Until Mid-2024 "With This Job Win".

This seems a mistake in latest research report from HLG.
Latest contracts is for Naga 2; Naga 5 would be part of contract announced back in 22'Nov.

Posted by serpent100 > 2023-02-06 15:01 | Report Abuse

Euro n G7 ban Russia …why oil price still can’t up

Posted by Macgyver11 > 2023-02-06 17:38 | Report Abuse

Don't worry oil will rebound again after minor correction but for sure Velesto going through price consolidation ( price correction )...base-building period. Mr market give you TP 26.5 but no body interested. Those who sold recently now waiting like hungry lion to collect back at correct re-entry price. Let see what mr market give us 2morrow, up or down..either way I'm gain.

Posted by awesome20 > 2023-02-06 17:39 | Report Abuse

hi velesto
from below 9cent
over 200%

Posted by sheep > 2023-02-06 22:47 | Report Abuse

First support 23sen, next 20sen , third 16sen

Posted by Macgyver11 > 2023-02-07 10:40 | Report Abuse

Why so silent here...

Posted by Suriyan > 2023-02-07 10:44 | Report Abuse

Tired after chapusam

Posted by Michael Kwok > 2023-02-07 10:57 | Report Abuse

Sell call velesto 23-24 cents
Tp below 18 cents
7/2/23 10.57am

Posted by StayHumble > 2023-02-07 11:00 | Report Abuse

Lol sell call bcos you wanna buy lower right? Haha.

Posted by specializedvenge > 2023-02-07 11:14 | Report Abuse

Believe what u believe lor.. .
Buy or sell own money.

Company starts earning money, good short term future.

Posted by Macgyver11 > 2023-02-07 18:23 | Report Abuse

https://www.thestar.com.my/business/business-news/2023/02/07/bursa-falls-as-economic-jitters-escalate

Posted by kingJ > 2023-02-07 23:28 | Report Abuse

Selling of bluechips only, this year should be the year of O&G service providers

Posted by Macgyver11 > 2023-02-08 12:11 | Report Abuse

https://www.dagangnews.com/content/maybank-ib-semak-turun-penarafan-velesto-kepada-pegang-tp-lebih-rendah-pada-22-sen-23687

Posted by Macgyver11 > 2023-02-08 12:14 | Report Abuse

Maybank to 0.22c.

Posted by StayHumble > 2023-02-08 12:32 | Report Abuse

Maybank lower tp to collect first

Posted by Lewis Lee > 2023-02-08 13:16 | Report Abuse

FART !!

Posted by Lewis Lee > 2023-02-08 13:19 | Report Abuse

BIMB 's TP - 30ct
HLG's TP - 29ct ....
once fantastic Q result announced, most fart king stu-pick IBs will rush to up TP one by one lah !!

Posted by Lewis Lee > 2023-02-08 13:21 | Report Abuse

Q report will be announced on 27th Feb, finger cross & stay tune for result that will EXCEED expectation or CEO give a optimistic outlook , then only share price can fly further !!