VELESTO ENERGY BERHAD

KLSE (MYR): VELESTO (5243)

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Last Price

0.185

Today's Change

0.00 (0.00%)

Day's Change

0.18 - 0.19

Trading Volume

14,988,400


29 people like this.

24,336 comment(s). Last comment by SinGor 11 hours ago

dhnn81

729 posts

Posted by dhnn81 > 2023-03-06 11:41 | Report Abuse

Break 30 sen end of the week lorr?

kyliew

1,397 posts

Posted by kyliew > 2023-03-06 11:50 | Report Abuse

Shout 30sen but a lot of people jump ship at 28sen or 29sen

Bon888

3,375 posts

Posted by Bon888 > 2023-03-06 12:02 | Report Abuse

Goreng stock also needs a good future story line. Look at glove stocks goreng were based on future ASP price hike and demand. Technology stocks flying because of semiconductor boom and electric car outlook.

Same for Velesto outlook for new contracts and higher daily charter rate. This is the *fundamental* or the base for goreng.

Remember this is goreng stock don't fall in love with goreng stock. Especially thus management only can make money during a super good time. Normal days they keep posting lousy results.

dhnn81

729 posts

Posted by dhnn81 > 2023-03-06 12:10 | Report Abuse

aiyoo nothing last forever lorr. everything in this world is full of goreng lorr. mee goreng nasi goreng ... even Elon Musk Tesla and Starlink oso full of goreng ... Just be careful not kena goreng lorr!

Bon888

3,375 posts

Posted by Bon888 > 2023-03-06 13:40 | Report Abuse

The bilis now are `smarter` bilis. They are educated and receiving latest information on stock market.

They don't jump in just based on rumours like "my relative said who who who going to goreng this stock". They jump in are based on information collected from social media, traditional media , sifu sifu and IB.

So the syndicates have to feed bilis with information, painting a good future for the company, asking sifu sifu to push a little bit, IB also playing their role to push.

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-03-06 13:46 | Report Abuse

Aiyah, forever a penny stock with huge buntut NOSH.....

Bon888

3,375 posts

Posted by Bon888 > 2023-03-06 13:52 | Report Abuse

https://www.nst.com.my/business/2023/03/886252/velesto-energy-post-strong-earnings-revised-charter-rates-existing-contracts

See just goreng the same overnight rice in the fridge. The fried rice looks delicious now compare to last week.

SinGor

4,931 posts

Posted by SinGor > 2023-03-06 13:53 | Report Abuse

missed Genting Bus, all cursing at Genting Bus stop. Can take Taxi mah!!. After arrived 30sen, lagi cursing

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-03-06 13:55 | Report Abuse

Breaching 30c, we leave Sin Kar Lan alone....deal!

Bon888

3,375 posts

Posted by Bon888 > 2023-03-06 13:57 | Report Abuse

I queue sell at 0.295 first.

kyliew

1,397 posts

Posted by kyliew > 2023-03-06 14:06 | Report Abuse

Syndicate tactic

dhnn81

729 posts

Posted by dhnn81 > 2023-03-06 14:16 | Report Abuse

Bullets ready ... bullets ready... 15 mins!

dhnn81

729 posts

Posted by dhnn81 > 2023-03-06 14:59 | Report Abuse

aiyooo this stock is like rocket lorr! 0.230 0.235 0.240 0.245 aiyoo!

kyliew

1,397 posts

Posted by kyliew > 2023-03-06 15:08 | Report Abuse

Need to compete who throw faster than sharks

Bon888

3,375 posts

Posted by Bon888 > 2023-03-06 15:31 | Report Abuse

So fast already closed the gap down last week. Now have to climb back the previous peak.

Hop333

148 posts

Posted by Hop333 > 2023-03-06 15:48 | Report Abuse

Confirm won't break 30c

SinGor

4,931 posts

Posted by SinGor > 2023-03-06 16:15 | Report Abuse

wah, didnt know so many people missed the Genting Bus....all talking deliriously, some banging their head on
Lamp post

Expertise

1,388 posts

Posted by Expertise > 2023-03-06 16:26 | Report Abuse

Hot counter…..

8u29song

2,932 posts

Posted by 8u29song > 2023-03-06 16:40 | Report Abuse

steady....

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-03-06 17:41 | Report Abuse

Shark won't simply push the price without reasonable. There must some future fundamental that drive them to buy. First of all...
1) Daily charter rate increased. Velesto also negotiating with Petronas for higher rate for this year. With increase in daily rate, this will strengthen their financial position in up coming months
2) Oil price at bullish side. Expected 2nd half of the year touch usd 100. Referring to most analysis, shortage of oil reserve is imminent in 2nd half of this year.
3) Shortage of Rigs service. This give Velesto in favourable side.
4) New contract due to announcement any time soon.

SinGor

4,931 posts

Posted by SinGor > 2023-03-06 17:46 | Report Abuse

Looks like tomolo also 10% UP------26.5sens

SinGor

4,931 posts

Posted by SinGor > 2023-03-06 17:48 | Report Abuse

27.5 is peak and breaching 27.5 means Velesto is in super Bull Mood Or no mood to Talk, just Charge

serpent100

216 posts

Posted by serpent100 > 2023-03-06 17:48 | Report Abuse

Aritu Panic sell….alamak Kesian i

dhnn81

729 posts

Posted by dhnn81 > 2023-03-06 18:10 | Report Abuse

... we dont see oil price goes below $70 until the end of this decade ... aiyoo who said this lorr?? aiyoo!

kyliew

1,397 posts

Posted by kyliew > 2023-03-06 19:45 | Report Abuse

Velesto is very lucky this round. She was chosen

kyliew

1,397 posts

Posted by kyliew > 2023-03-06 19:46 | Report Abuse

Sometimes has to depend on jodoh....

kyliew

1,397 posts

Posted by kyliew > 2023-03-07 09:17 | Report Abuse

I think 0.27 has to jump ship

Posted by wallstreetrookieNEW > 2023-03-07 09:21 | Report Abuse

i thought our price target is RM0.27?

Posted by wallstreetrookieNEW > 2023-03-07 09:21 | Report Abuse

lol bull run ended so fast

Posted by wallstreetrookieNEW > 2023-03-07 09:29 | Report Abuse

too many retail investors bought in yesterday monday. Just saying haha

Bon888

3,375 posts

Posted by Bon888 > 2023-03-07 12:02 | Report Abuse

Be realistic. No new contract announcement how to break the previous high? Ask the management quickly settle the tenancy agreements and make announcement. One month one announcement is good enough to push the price above 0.40.

The followed by good quarter results announcement in May.

Prefect scenario to push the price back to it`s glory days.

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2023-03-07 12:29 | Report Abuse

TP 27c today? That dream already followed Sin Kar Lan to Holland and you've boarded that bus.

obakh222

398 posts

Posted by obakh222 > 2023-03-07 12:55 | Report Abuse

The worst is over. 27c achievable la tu. I dont see anything stopping this modest valuation.

kyliew

1,397 posts

Posted by kyliew > 2023-03-07 14:37 | Report Abuse

Q to sell 0.265

nicholas99

9,914 posts

Posted by nicholas99 > 2023-03-07 17:10 | Report Abuse

bye bye.

sgrs33

10 posts

Posted by sgrs33 > 2023-03-07 18:47 | Report Abuse

as i said the timing of the annoucement smells fishy,first they announance loss causing a massive sell off by the small investors but the next thing in a week the buying momentum can be seen somebody is mopping up all the shares below 23 cents.now comes all the good news and i believe media announcement soon of secured projects.so dont be blindsided by all the negative sentiment.the counter is bound to pass at least 27 cents but anything more than that is anybodys guess.

sheep

3,851 posts

Posted by sheep > 2023-03-07 20:00 | Report Abuse

When everyone started buying without fear, that's the time they dumped kaw kaw....beware...take profit...last few days very heavy volume...wakakaka

SinGor

4,931 posts

Posted by SinGor > 2023-03-07 20:00 | Report Abuse

25May is next Qr result. Share price dont Need announcement or Good results----Just need someone
turning price up and down. It attracts Ikan Bilis. This is called Long Term Up Trend

Bon888

3,375 posts

Posted by Bon888 > 2023-03-07 20:34 | Report Abuse

Short term adjustment is unavoidable. Mid term is up trend.

Long term forget about it, don't fall in love with goreng counter.

pang72

51,625 posts

Posted by pang72 > 2023-03-08 11:19 | Report Abuse

Where is my friend Macg?

dhnn81

729 posts

Posted by dhnn81 > 2023-03-08 11:23 | Report Abuse

up up up lor!! aiyoo.

Expertise

1,388 posts

Posted by Expertise > 2023-03-08 12:12 | Report Abuse

Fit MA(horse)!!

stainlyho37

2,275 posts

Posted by stainlyho37 > 2023-03-08 12:24 | Report Abuse

watch out..see you at 0.27....!!!

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-03-08 13:14 | Report Abuse

pang72

Where is my friend Macg?

Monitoring. Already collect until no budget already. Pang you better get out from Armada..my 2c.

pang72

51,625 posts

Posted by pang72 > 2023-03-08 14:45 | Report Abuse

My collected number of VELESTO too..

pang72

51,625 posts

Posted by pang72 > 2023-03-08 14:46 | Report Abuse

ARMADA is great, no?

pang72

51,625 posts

Posted by pang72 > 2023-03-08 14:47 | Report Abuse

Macg, hv you sell your armada?

kyliew

1,397 posts

Posted by kyliew > 2023-03-08 15:09 | Report Abuse

Ready my sell queue order

pang72

51,625 posts

Posted by pang72 > 2023-03-08 15:29 | Report Abuse

You q sell 26.5..
Good

kyliew

1,397 posts

Posted by kyliew > 2023-03-08 15:42 | Report Abuse

Based on "feeling"... Not greedy

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