Posted by Macgyver11 > 2023-02-28 16:54 | Report Abuse

Selling not due the institutional fund but syndicate. Let them dump puas2

Posted by Macgyver11 > 2023-02-28 16:56 | Report Abuse

At lease one or two contract to be announce this year...matter of time.

Posted by Macgyver11 > 2023-02-28 17:00 | Report Abuse

This is opportunities to buy now. 1st qtr 2023 going to factored in soon. My 2c

Posted by Macgyver11 > 2023-02-28 17:05 | Report Abuse

Hei bro pang72.

As at now I'm standing in paper loss man (almost 20k). Too late to cut loss, hold sje ler what we can do. As long not PN17 then ok lah. PNB wont let their darling counter go into PN17 list no worries.

Posted by Macgyver11 > 2023-02-28 17:07 | Report Abuse

Profit is imminent for 1st qtr 2023..ayoh!

Posted by Macgyver11 > 2023-02-28 17:25 | Report Abuse

Icon booked 153mil profit, unbelievable. Don't know what's wrong with this velesto.

Posted by Macgyver11 > 2023-02-28 17:31 | Report Abuse

Alam PN17 company also booked 8mil profit...adoi! Velesto oh! velesto

Posted by kyliew > 2023-02-28 17:44 | Report Abuse

I can't wait for tomorrow's waterfall....

Posted by nicholas99 > 2023-02-28 17:46 | Report Abuse

Macgyer kan jiong liao. haha

Posted by Hop333 > 2023-02-28 17:58 | Report Abuse

Lol... won't waterfall again la, unless it goes to PN17

Posted by superdog > 2023-02-28 19:09 | Report Abuse

collecting some at 0.18 today, my average price still 0.14, so no worry, forsee the price will climbing to 0.22 by this week

Posted by BobAxelrod33 > 2023-02-28 19:10 | Report Abuse

Sin Kar lan run road and dared not show up anymore??? What have you got to say??? Have a few words, please?

Posted by BobAxelrod33 > 2023-02-28 19:10 | Report Abuse

Sin Kar Lan was the mouth piece every time luring newbies here......where are you hiding now??

Posted by SinGor > 2023-02-28 19:13 | Report Abuse

Integrated Service Section
The segment recorded loss before tax of RM13.9 million against RM1.8 million loss reported in the corresponding
quarter mainly due to one-off RM11.7 million costs incurred due to unanticipated changes to work programme,
prolonged wait on weather period during the demobilisation and adjustment of inventories of RM1.9 million.
_____________________________________________________

I think the Market has over-reacted. The Biggest losses come from 2 segment(s)---RM 11.7m + Rm15.1mil
One as above RM11.7mil Due Weather delay from changing work programme. New Contract, New work
program. Most Rigs in 2022 are either under repair or NO job.
2) RM15.1 losses comes from Reactivation of 4 WorkOver Units ( mothball for 4--5years )

The losses are NOT recurring bcos Velesto got jobs for All Rigs in 2023, even 3 workover units has jobs

Posted by BobAxelrod33 > 2023-02-28 19:15 | Report Abuse

Finally, Sin Kar Lan emerged from the cave....

Posted by Bon888 > 2023-02-28 19:35 | Report Abuse

Is the Foreign currency translation RM 141 million negative something we need to worry?

Posted by George99 > 2023-02-28 19:48 | Report Abuse

Tomorrow will up 8 sen again.. no worry man....

Posted by BobAxelrod33 > 2023-02-28 19:53 | Report Abuse

What are you smoking??

Posted by SinGor > 2023-02-28 20:19 | Report Abuse

Bon888
Is the Foreign currency translation RM 141 million negative something we need to worry?
__________________________
NO! for the year 2022 Velesto foreign Gain is 124Mil ( look at first page Qr ) This is just a accounting entry
non-cash. Since most equipment/spare parts are quoted in US$, if you have No US$, you paid more

Posted by SinGor > 2023-02-28 20:27 | Report Abuse

Look at Velesto Operating Loss----only 1.1mil But Market turned upside Down with 581mil Vol. I am scratching
my Head what is going on. Banker screaming massive loss but the writer is a junior analyst ---didnt know
how to operate a Nasi Lemak store yet........Let see tomolo who is playing the market

Posted by Bon888 > 2023-02-28 20:28 | Report Abuse

Other comprehensive lost of RM141 million. Is a lost but not yet realized. Could be the reason for today`s sell down.

The 26 million lost is unexpected but not a big deal.

Posted by Bon888 > 2023-02-28 20:32 | Report Abuse

If this other comprehensive lost can be ignored. What the market so panic. Tomorrow I going to buy more.

Posted by BobAxelrod33 > 2023-02-28 20:37 | Report Abuse

Heavy sigh!.....again,...sigh!

Posted by djibaok > 2023-02-28 20:50 | Report Abuse

Kena tiao

Posted by willc48 > 2023-02-28 21:46 | Report Abuse

change the bloody mgmt team. no more dasar ketuanan

Posted by rnhisamuddin > 2023-02-28 23:12 | Report Abuse

esok turun lagi ?

Posted by anisayob > 2023-03-01 00:26 | Report Abuse

Yes... Lots of force sell for T3...

Posted by Zslx > 2023-03-01 01:01 | Report Abuse

Adui, frm which kampung, now its T + 2, ytd was panic and forced sell due to expectation of good quarter. Fundamentally wise no change, anything below 20c is a good buy. Market always looking 6 mths ahead

Posted by EAGLE > 2023-03-01 02:18 | Report Abuse

Somebody please kick another low class racist willc48

Posted by anisayob > 2023-03-01 08:09 | Report Abuse

Got T2,T3,T4,T5,T6,T7... Ask your remisier... U need to sign a form to qualify for T7...

Posted by manka > 2023-03-01 09:01 | Report Abuse

Pagi2 sudah masuk longkang

Posted by anisayob > 2023-03-01 09:09 | Report Abuse

Touched 17.5 sen just now... It's going to next support which is at 16 sen...

Posted by 9vegetable > 2023-03-01 09:37 | Report Abuse

tp 16 masuk again

Posted by anisayob > 2023-03-01 09:53 | Report Abuse

Yes... 16 sen feels like a good support... But watch it like a hawk... If 16 sen also breaks,next support is at 14.5 sen... Yesterday's blood bath is not over yet apparently...

Posted by pang72 > 2023-03-01 10:02 | Report Abuse

Next stop 15c

Posted by pang72 > 2023-03-01 10:03 | Report Abuse

Macg,
You can buy more cheap shares now...
It is way cheaper than 23c as you wish..

Posted by pang72 > 2023-03-01 10:05 | Report Abuse

I think you know to push up VELESTO is the very difficult task.
IB job shld done and cash out.
Retailers struggle inside.

Posted by anisayob > 2023-03-01 10:22 | Report Abuse

At least it is not as bad as brahim... Limit up 1 day... Limit down the next day... Morning session only... Now that was a nightmare... Pump & dump... No mercy at all... Jerung Velesto is ok I guess...

Posted by Bon888 > 2023-03-01 10:23 | Report Abuse

Can't push up then IB choose to push down. Collect more tickets and from the bottom.

The outlook still OK, can continue goreng up with the same story line.

Ikan ikan billis all kena cuci bersih.

Posted by IronShirt > 2023-03-01 10:52 | Report Abuse

from 0.275 down to 0.20, All Sold yesterday to syndicate. Almost empty upstairs, no parking to Sell.
When price recovered in 2 weeks, Big Fat Belly are cashing in

Posted by Baby Shark > 2023-03-01 11:06 | Report Abuse

Hahaha.. last time baru 0.09

Posted by Bon888 > 2023-03-01 11:49 | Report Abuse

Just follow MYEG limit down pattern you should know where and when to pick up.

MYEG was double punched, this Velesto just one slap on the face.

Posted by specializedvenge > 2023-03-01 12:31 | Report Abuse

Gaining ground.
Should be stable at.18-.19

Posted by George99 > 2023-03-01 12:45 | Report Abuse

Limit up la.. today.... Pray it....

Posted by Understand > 2023-03-01 13:29 | Report Abuse

0.085 is coming

Posted by MoneyMakers > 2023-03-01 13:29 | Report Abuse

Obvious syndicate pump&dump

Should be 12sen only

Posted by SinGor > 2023-03-01 15:10 | Report Abuse

just now 18sens said too expensive. Now 10mil parked at 19sens. Today closing price???
Tomolo 20sens very cheap

Posted by EAGLE > 2023-03-01 16:00 | Report Abuse

Aiyah apa pasal tak mo turun lagi

Posted by matg > 2023-03-01 16:08 | Report Abuse

even 0.10 bilis still mau lebih murah lagi.. last2 bilis miss boat again kekeke

Posted by EAGLE > 2023-03-01 16:26 | Report Abuse

Hahahah