VELESTO ENERGY BERHAD

KLSE (MYR): VELESTO (5243)

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Last Price

0.18

Today's Change

-0.005 (2.70%)

Day's Change

0.18 - 0.185

Trading Volume

630,500


29 people like this.

24,339 comment(s). Last comment by Macgyver111 27 minutes ago

roslaom

502 posts

Posted by roslaom > 2023-02-08 13:37 | Report Abuse

Maybank call:Hold, TP:26

Expertise

1,388 posts

Posted by Expertise > 2023-02-08 13:53 | Report Abuse

When you sold your holding ticket ,don’t scam cheap ticket la

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-02-08 14:27 | Report Abuse

Haha! Musang sdh keluar..

SinGor

4,931 posts

Posted by SinGor > 2023-02-08 19:35 | Report Abuse

Never see a Velesto Director buying Velesto shares since 2015!!!!!!!!!!!!

kingJ

129 posts

Posted by kingJ > 2023-02-09 09:11 | Report Abuse

These fund managers didn't realised how undervalued the assets are. The assets can fetch around rm5bil in the next 5 years, how much are they worth now? The shares are easily worth 0.50 now. Kenaga has really shot their own foot.... Again

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-02-09 09:23 | Report Abuse

Good news is Director is buying, bad news is Director might want to buy more cheaper @ 0.20c..

nicholas99

9,916 posts

Posted by nicholas99 > 2023-02-09 09:46 | Report Abuse

reverse goreng

obakh222

398 posts

Posted by obakh222 > 2023-02-09 11:06 | Report Abuse

Sudah pandai kasi jatuh harga...cehhh

EAGLE

389 posts

Posted by EAGLE > 2023-02-09 16:31 | Report Abuse

Aiyak mau fly, fly la. Siapa bikin jatuh?

Posted by value_seeker > 2023-02-09 17:01 | Report Abuse

Pang72, MegaCheapSales

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-02-09 17:12 | Report Abuse

Hahaha..

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-02-09 17:15 | Report Abuse

0.16c blh dapat kah..

nicholas99

9,916 posts

Posted by nicholas99 > 2023-02-09 17:24 | Report Abuse

after market beli from pang72 at 0.16c

obakh222

398 posts

Posted by obakh222 > 2023-02-10 01:29 | Report Abuse

I think I just boughtted at penthouse price oredi la. Ayooo

Lewis Lee

1,695 posts

Posted by Lewis Lee > 2023-02-10 12:08 | Report Abuse

sit tight and wait for their 27th Feb Q result announcement & further publicity from their CEO (surely there will be more !)
Looks like sth is brewing ......

Expertise

1,388 posts

Posted by Expertise > 2023-02-10 12:08 | Report Abuse

Big shark win the game..haha

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-02-10 13:44 | Report Abuse

Pang72..pretty much desperate waiting for 40c

SinGor

4,931 posts

Posted by SinGor > 2023-02-10 15:24 | Report Abuse

MayBank and syndicate could be behind big up and down swing. Banker gives damning future while syndicate
dumped to shake-out "loose" holders. Then they sapu everythings

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-02-10 15:39 | Report Abuse

Don't celebrate quickly...relax. anything can happen in split second

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-02-10 16:01 | Report Abuse

I already collect my profit lah..I earned more than 80k recently sold at 265c lah. Now I do collect also but not much bcoz price still uncertain..LOL. I don't shout like you..apa la lu

kingJ

129 posts

Posted by kingJ > 2023-02-10 16:18 | Report Abuse

No recession, buy all you can

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-02-10 16:27 | Report Abuse

Syiok sendiri..lol

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-02-10 16:53 | Report Abuse

Monday jatuh balik punya..bnyk kali sdh tengok ni wayang. Semua trap.

Ninja _07

548 posts

Posted by Ninja _07 > 2023-02-10 16:55 | Report Abuse

Lu sudah jual misti cakap ini macam punya @Macgyver11

Expertise

1,388 posts

Posted by Expertise > 2023-02-10 17:01 | Report Abuse

share with dirt cheap price …just hold la,why so stubborn

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-02-10 17:01 | Report Abuse

Saya sdh beli balik la tadi 0.23c/0.225c...tapi says tarak syiok mcm lu org la. Tiam tiam sdh lah. Shark jerung ikan paus pun baca ni blog tau nanti dia kasi turun baru tau..tiam Tiam take TP la..

DickyMe

14,898 posts

Posted by DickyMe > 2023-02-10 17:04 | Report Abuse

Another SAPNRG??
Baby elephant!
SAPNRG 16 Billion, Velesto seteng jer..
Percayalah, gajah boleh terbang.

SinGor

4,931 posts

Posted by SinGor > 2023-02-10 17:16 | Report Abuse

Brent Oil jumps $2 at 5PM. Dont know why? Tonite watch Bloomberg to find Out

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-02-10 18:08 | Report Abuse

Russia plan output cut..that's why brent jump 2dollar today. See what is the closing today.

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-02-10 18:25 | Report Abuse

If russia plan output cut opec will increase output...contra back. Basically this will happen.

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-02-10 20:07 | Report Abuse

Apasal you sdh sangkut beli 265c kah dulu..skrg buat promotion jerit suruh org beli nak lepas tenguk kah..hahaha! Lol..sya tak ada tgk ni mcm investor Telor sebiji riuh sekampung. Sdh lah you tak payah buat promotion dkt sini, banyak investors dlm ni group semua old timer, sdh follow velesto since 2018 lah..tiam tiam sdh..kita punya duit kita mahu beli tak mahu kita punya suka. You sdh beli klu naik 40c ambil lah profit..kita tarak Hati busuk punya..all is well.

Posted by success2628 > 2023-02-11 08:06 | Report Abuse

Oil prices posts gains after Russia says it will cut output by 500,000 barrels a day
PUBLISHED FRI, FEB 10 2023 6:18 AM EST
UPDATED 3 HOURS AGO
Ruxandra Iordache

https://www.cnbc.com/amp/2023/02/10/oil-prices-rise-after-russia-says-it-will-cut-output.html

Russia will cut oil output by 500,000 barrels per day in March, Deputy Prime Minister Alexander Novak said on Friday, following Western bans on Moscow's crude and oil products implemented in the past few months. 
The announced production decline amounts to roughly 5% of Russia's latest crude oil output, which Paris-based watchdog the International Energy Agency estimated was down at 9.77 million barrels per day in December.

The Brent contract for April delivery rose 2.24% to settle at $86.39 a barrel, having risen more than 8% for the week. U.S. West Texas Intermediate crude futures rose 2.13% to settle $79.72 a barrel, and rose 8.63% for the week for to notch the best week since October.
Novak said that the reduction will "help restore market relations," according to a Google translation of comments reported by state news agency Tass.
He noted that the cut does not apply to gas condensate and will be calculated from actual output levels, not from Russia's quota under the OPEC+ output agreement. The decision was not made in consultation with the OPEC+ coalition, which Moscow co-chairs.
OPEC+ producers must typically agree consensus on output policy, with members bound to their targets. But the group has previously allowed voluntary gestures that honor the spirit of existing output agreements — in this case, the Russian decline would build on a previous OPEC+ decision to lower production by a combined 2 million barrels per day, agreed in October last year.
Other OPEC producers facing sanctions, such as Venezuela and Iran, have requested and received exemptions from their production quotas. Several OPEC+ delegates previously told CNBC that Russia had so far signaled no intention to ask for similar accommodations.
The EU implemented bans on seaborne imports of crude oil on Dec. 5 and of oil products this week. Under a program passed by the G-7 wealthiest nations, Western providers may continue to supply key financial and shipping services to transport Russian volumes to non-G7 destinations, provided these fuels are purchased beneath specific price caps.
"As previously stated, we will not sell oil to those who directly or indirectly adhere to the principles of the 'price ceiling'," Novak reiterated on Friday, adding that the price cap program could lead to oil and oil products shortages.
"Lower Russian production together with China's reopening should tighten the oil market further over the coming quarters," UBS Strategist Giovanni Staunovo said in a Friday note to clients.

Posted by success2628 > 2023-02-11 08:14 |

Post removed.Why?

SinGor

4,931 posts

Posted by SinGor > 2023-02-11 10:51 | Report Abuse

Looking at 3years Chart, Velesto is in higher of High which means it will retest 30sens ( given huge Vol. and higher Price). After 30sens, next will be 35sens and 40sens. Price can shoot up in a few Days Or a strong push over a
month or so. Strong 4Q22 earnings will be major catalyst-----if Good results will be out 15 or 22Feb

SinGor

4,931 posts

Posted by SinGor > 2023-02-11 10:58 | Report Abuse

I am also looking at " reverse impairment Loss " in 4Q22 results. If all Velesto Rigs are working it is natural to
revert back outlook....the number is in "Billion" but i think management will slowly reverse/annouce in stages

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-02-11 15:03 | Report Abuse

Star gives reverse opinion with BNM. There's lot of cover-up from BNM. Just FYI.

https://www.thestar.com.my/business/business-news/2023/02/11/honeymoon-over-as-reality-sets-in

SinGor

4,931 posts

Posted by SinGor > 2023-02-11 16:22 | Report Abuse

If All Biz is Bad in 2023 (Malaysia), then All Mutual Funds and Big Time investors will flood Velesto with their
Extra Cash since Petronas sell Oil Overseas and doesnT depends on local Economy

kingJ

129 posts

Posted by kingJ > 2023-02-12 09:51 | Report Abuse

Correct correct, agree

obakh222

398 posts

Posted by obakh222 > 2023-02-12 10:44 | Report Abuse

What STAR says?

PKW123

41 posts

Posted by PKW123 > 2023-02-12 19:34 | Report Abuse

Not only open high tomorrow but also need to sustain til colorful QR and head to the North... Hopefully....

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-02-13 10:17 | Report Abuse

20c in making..kikiki

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-02-13 11:14 | Report Abuse

Recession inevitable. Investors safe guard their money now to buy later when stocks on dip. Who don't want good bargain on banks shares like RHB, Maybank Public Alliance nestle and many more.

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-02-13 12:28 | Report Abuse

Dream..

Posted by wallstreetrookieNEW > 2023-02-13 15:40 | Report Abuse

@pang72, I bought a lot of Velesto below RM0.10. I am staying quiet and won't say anything. Shh

Posted by wallstreetrookieNEW > 2023-02-13 15:40 | Report Abuse

pang72, offshore drilling companies make a lot of money last quarter. Good news in Q2 2023

Posted by wallstreetrookieNEW > 2023-02-13 15:40 | Report Abuse

A lot of insiders and analysts know about the news already. Don't wait

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-02-13 15:42 | Report Abuse

Hahaha! Tahu tak apa..pang desperate bcoz stuck at 265c kikiki

Posted by wallstreetrookieNEW > 2023-02-13 15:50 | Report Abuse

Still a lot of upside. Later when my margin clears, top up 250k

Posted by wallstreetrookieNEW > 2023-02-13 15:51 | Report Abuse

pang72 is correct. Offshore drilling companies will report stellar results. Don't listen to these analysts

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