Posted by SinGor > 2023-11-06 22:42 | Report Abuse

Maybe PNB is arm-twisting Petronas Hands---pay more or No Rigs

Posted by Macgyver11 > 2023-11-07 12:44 | Report Abuse

Still puzzling who is Velesto next buyer?
I realized not ABL group actually, my assumption is wrong...indeed they're paid to move Velesto rigs out of Malaysia boarder.... like Vietnam and Thailand. Bilis now like walking on thin line...umpama telur dihujung tanduk 🙆🙇

Posted by Macgyver11 > 2023-11-07 12:47 | Report Abuse

I guess there's no peace of mind until we discover the truth...

Posted by Macgyver11 > 2023-11-08 09:11 | Report Abuse

Good news is foreign fund are actively buying since past few weeks...
1) Fidelity fund - around 163mil of shares , Vanguard invs - around 24mil, RHB asset - 5.5mil and Dimensional fund 2.3mil respectively.

Posted by Lewis Lee > 2023-11-08 11:45 | Report Abuse

despite all the sexy hot rumours... this sleeping counter still keep fatt king sleeping !! 😭

Posted by pang72 > 2023-11-09 09:28 | Report Abuse

How come creates a rumours for stake sell but dumping the shares?

Posted by Baby Shark > 2023-11-09 09:29 | Report Abuse

Very good counter.. 0.15 I collect

Posted by Baby Shark > 2023-11-09 09:31 | Report Abuse

0.12 tambah beli

Posted by Macgyver11 > 2023-11-09 09:31 | Report Abuse

Another frustration day....🙆

Posted by Macgyver11 > 2023-11-09 09:33 | Report Abuse

One bring down the price while another happily collect...😢

Posted by Macgyver11 > 2023-11-09 09:35 | Report Abuse

I think the lower can go 23c or maybe 0.225c....all corporate politic

Posted by Harryww > 2023-11-09 09:38 | Report Abuse

Prices of crude continuing going down, so shares price just follows. 0.20 is safe to collect.

Posted by Baby Shark > 2023-11-09 09:41 | Report Abuse

0.08 I sailang..

Posted by Macgyver11 > 2023-11-09 09:42 | Report Abuse

Armada and perdana remain strong with this current crude oil. Today crude oil bounced back to usd 80..how come

Posted by Macgyver11 > 2023-11-09 09:43 | Report Abuse

235c selling like hot cake...😃

Posted by Macgyver11 > 2023-11-09 09:46 | Report Abuse

This is intentionally bring down...someone in corporate looking for cheap ticket I guess...they target 0.23c to collect. This is our bursa. Bursa boleh!

Posted by Lewis Lee > 2023-11-09 10:04 | Report Abuse

Today top volumes !!! but going down ..... want to cry also no tears 😭😭

Posted by Baby Shark > 2023-11-09 10:07 | Report Abuse

Big shark disposing 1 billion shares..

Posted by Baby Shark > 2023-11-09 10:08 | Report Abuse

Slow slow dispose until next week baru can finish..

Posted by Macgyver11 > 2023-11-09 10:11 | Report Abuse

Big shark only PNB..who else other than this fella

Posted by Macgyver11 > 2023-11-09 10:13 | Report Abuse

Nevermind la big shark throw baby shark bite it...hahaha!

Posted by StayHumble > 2023-11-09 10:23 | Report Abuse

Good also. Pnb should leave. Bring in someone more capable

Posted by Macgyver11 > 2023-11-09 10:34 | Report Abuse

Not PNB only the entire BOD must go and swab with highly capable team. Exciting one don't know how to manage the organisation very...semua tidooo! Useless fella.

Posted by Macgyver11 > 2023-11-09 10:36 | Report Abuse

Always licking Petronas backside for contract...geram betui.

Posted by Macgyver11 > 2023-11-09 11:37 | Report Abuse

https://www.thestar.com.my/business/business-news/2023/11/09/epf-allocates-rm97bil-for-local-market

Posted by Macgyver11 > 2023-11-09 13:04 | Report Abuse

Amanah acquired 70mil.

Posted by SinGor > 2023-11-09 14:38 | Report Abuse

PNB on Damage control ( wipe out sellers)------RM20mil ( 70mil shares ) is nothing to PNB

Posted by HuatlaiOnglai > 2023-11-09 14:39 | Report Abuse

ONG sector continue to have roller coaster ride. Post cobit hype of high oil price have gone and now most econ pepo said recession coming. they said the same last year. Those can tahan continue. amin

Posted by MagicalBobby > 2023-11-09 14:43 | Report Abuse

SinKarLan said this cntr would climb to 45c-50c many moons ago......why still at 24c???

PNB owned so what????

Posted by Expertise > 2023-11-09 15:03 | Report Abuse

Show coming…be patience la

Posted by rizal2020 > 2023-11-09 15:40 | Report Abuse

Big holders just got chance to average down their stake ... so what next ?!?

Posted by rizal2020 > 2023-11-09 15:41 | Report Abuse

Those panic sale at 235 still got chance to be in ... Perhaps

Posted by rizal2020 > 2023-11-09 15:45 | Report Abuse

" BOTTOM STRIKE TO THE MOON " 😊😁

Posted by MagicalBobby > 2023-11-09 15:54 |

Post removed.Why?

Posted by royalinvestor > 2023-11-09 15:55 | Report Abuse

Macgyver11
Amanah acquired 70mil

PNB just give the hint the 3rd Quaters will be better from previous results ... my guest s

Posted by royalinvestor > 2023-11-09 16:00 | Report Abuse

Dt miss the VELE boat ... hurrry
hahahahahaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa

Posted by Macgyver11 > 2023-11-09 16:45 | Report Abuse

I know bro no need to remind me...but don't excited quickly, in stock market anything can happen in split seconds...like weather forecast. Stay alert hope for the best 🤑

royalinvestor


Macgyver11
Amanah acquired 70mil

PNB just give the hint the 3rd Quaters will be better from previous results ... my guest s

Posted by Lewis Lee > 2023-11-09 17:33 | Report Abuse

Rumors says PNB want to sell all shares but in actual fact they sapu 70 mils as announced ! What the F are they doing ? To confuse public and whack them ??

Posted by Nepo > 2023-11-10 12:31 | Report Abuse

look like good news is going to announce..
stay tuned..

Posted by Lewis Lee > 2023-11-10 13:10 | Report Abuse

I guess PNB is supporting the share price … so can still stand at 0.25 ! Next few days might see many insiders buying by PNB ….

Posted by Expertise > 2023-11-10 15:48 | Report Abuse

close green will be good….veles

Posted by Felix888999 > 2023-11-10 16:28 | Report Abuse

Yesterday who bought at 0.235?

Posted by Macgyver11 > 2023-11-13 17:40 | Report Abuse

https://www.klsescreener.com/v2/news/view/1232047/pnb-may-be-looking-to-sell-velesto-energy-stake-worth-over-rm1-bil

Another article about PNB looking for buyer...

Posted by Macgyver11 > 2023-11-13 17:44 | Report Abuse

O&G sector good bet on strong oil prices
Besides a capacity shortage, crude oil prices are expected to remain elevated for a longer time due to the heightened geopolitical risks in Europe and the Middle East.

“Yes, O&G activities are likely to remain robust and not affected by weak consumer sentiment. We foresee oil prices remaining elevated on supply challenges amidst heightened geopolitical tension,” says Azim Faris Ab Rahim, BIMB Securities’ O&G analyst.

Brent crude oil price has averaged at US$82.68 so far this year, peaking at US$96.55 on Sept 27. While this is still far from the US$120 per barrel level seen in 2022, the World Bank Group has warned that crude oil prices could soar to US$150 per barrel.

However, that level can only be reached if the Israel-Hamas war escalates into a regional conflict in the Middle East.

“We think offshore activities will remain robust if oil prices can maintain above US$50 to US$60 per barrel,” says Azim. He is bullish on the upstream services as a whole, with top picks being MISC Bhd, Malaysia Marine and Heavy Engineering Holdings Bhd and Velesto Energy Bhd.

Posted by randy793 > 2023-11-14 12:06 | Report Abuse

Thought article on selling will make up much today

Posted by Macgyver11 > 2023-11-14 18:28 | Report Abuse

Oil price inching up but Vele inching down bcoz of PNB news

Posted by Macgyver11 > 2023-11-14 22:53 | Report Abuse

https://www.offshore-energy.biz/infill-drilling-campaign-off-malaysia-almost-done-but-four-more-wells-may-be-on-the-cards/

Posted by Felix888 > 2023-11-15 11:24 |

Post removed.Why?

Posted by Macgyver11 > 2023-11-16 10:28 | Report Abuse

"Blessing in disguise" that's what I can say for now. Hope something good will happen in between bad..stay tuned.

Posted by specializedvenge > 2023-11-16 12:02 | Report Abuse

Wtf.
A click a day makes me mad.

Hope qr got story