VELESTO ENERGY BERHAD

KLSE (MYR): VELESTO (5243)

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Last Price

0.185

Today's Change

-0.005 (2.63%)

Day's Change

0.185 - 0.19

Trading Volume

4,518,000


29 people like this.

24,326 comment(s). Last comment by RJ87 2 days ago

Lewis Lee

1,694 posts

Posted by Lewis Lee > 2023-12-01 16:46 | Report Abuse

If got announcement of new substantial shareholder emerge from these few days top volume , then only can very-slow become very-fast !! 🙏

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-12-01 16:53 | Report Abuse

The Sun still up, why are you dreaming already?????

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-12-02 07:14 | Report Abuse

PNB will push the price above 0.30ctn before the transaction exercise take over (if there's any) and this will materialise next year onward. Now price damn cheap, you won't get this price anymore once it break 0.30ctn.. just 2c

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-12-02 08:57 | Report Abuse

Latest QR released on 29th is saying things so loudly........PNB wants to run road and you want to dive in?????

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-12-02 10:41 | Report Abuse

Why so worried about PNB running...better mah!. PNB is financial institutional, they doesn't know how to handle O&G companies and same goes to UMW recently (you can see both company performance past 5 years...no improvement). Better pravitise to good company that hv knowledge in O&G and can bring in more contracts with international DC rate (135k to 150k daily rate).

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-12-02 10:47 | Report Abuse

Wow! that deep, that's really, really deep........we didn't know PNB owns and runs the GLC.........whoever thought they were also the Grab drivers besides owning those vehicles.......hahahaha

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-12-02 11:04 | Report Abuse

Let Petronas take over lah...more better mah. If Velesto jadi Petronas punya own subsidiary company, sure Petronas give higher DC rate. Keep on telling PNB running to road running to road for what... talking like novice lah you.

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-12-02 11:16 | Report Abuse

If PNB wanted Petronas to have Velesto, they would not have put it in the open market. Secondly, they can just do a share swap........how silly to even not know this!!!

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-12-02 12:06 | Report Abuse

I said Petronas but not necessary Petronas. You think in Malaysia only Petronas available mah. There's lot more..go do your research and don't talk like you know everything and embrace yourself here...still wondering if you know everything then why you are still here giving non value add comments. Waiting for correct time to enter ha...hahaha! Mangku...k ayun..

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-12-02 12:10 | Report Abuse

Say what you mean and mean what you say ---------- Bobby Axelrod

Macgyver11

2,492 posts

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

PNB selling...we already heard the story past few month ready no need repeat many times. PNB never give any statement so far only rumour from edge market. Nobody know what stored in future..don't assumed something that you didn't 100% sure. Read from qtr report PNB running to road hahaha...show me where? Pelaaaah!

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-12-02 12:14 | Report Abuse

Perhaps, that's the reason Buyers are shying away from rusting irons and obsolete machines...PNB cannot get any buyers!!!!!!!

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-12-02 12:16 | Report Abuse

BobAxelrod33
Say what you mean and mean what you say ---------- Bobby Axelrod

This paragraph suit for you. You see I'm in velesto, holding huge portion. I don't want give something negative comments that I didn't know for sure. Don't want confuis the others investors. At for know I assumed it just rumour.

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-12-02 12:18 | Report Abuse

Velesto can sue TheEdge if just Rumors.........No need to doubt.....IT'S A FACT, PNB WANTS OUT!!!!!

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-12-02 12:20 | Report Abuse

For sure 30cts Cumingggg...🤣😂

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-12-02 12:20 | Report Abuse

Do I give a flying F if you just have 1 lot or millions of shares????? Stating a fact and you jumped on me and trying to pull wool over other investors.

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-12-02 12:26 | Report Abuse

Now they do campaign mah! Reject Israel product. Maybe they also don't want USA investor holding bumis company like velesto...I don't know maybe it could be one of the reasons and behind the PNB plot...all rumour and so on, who know?
You see lot of possibility...so don't give comment that you not sure.

DickyMe

14,892 posts

Posted by DickyMe > 2023-12-02 12:30 | Report Abuse

Reject using technologies. It is all mostly Western, US or Israel patented products.
Amacam? Boleh? Or pick and choose to satisfy greed need?

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-12-02 12:31 | Report Abuse

What F jump on you. Your money your which. My money my wish..who the F your to advise. I want to stick in this company is solely my wish and I'm not encourage others. Each one of deserve to do own analyst...better watch out your words..

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-12-02 14:13 | Report Abuse

Did he just say that he not only own Velesto shares but also my mouth, control what i say???



Posted by Macgyver11 > 1 hour ago | Report Abuse

You see I'm in velesto, holding huge portion. I don't want give something negative comments that I didn't know for sure. Don't want confuis the others investors. At for know I assumed it just rumour.

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-12-02 14:15 | Report Abuse

The very Fact that PNB wants out and there are no Buyers for a long time already painted a gloomy picture. Future earnings may go South and trip the Company over. Hugh Debts with surmounting Interest couldn't care if you are making Billions or losing Billlions, still needs to be paid.....IN FULL!!

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-12-02 14:33 | Report Abuse

This humongous backside elephant NOSH, coupled with dropping earnings against heavy on-going Debts........you draw your own conclusion. Money is yours......spend it any which way you want.

Matter of time when Profits unable to cover Debts.......ah long comes knocking again.

Posted by Felix666888 > 2023-12-02 20:41 |

Post removed.Why?

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-12-03 06:21 |

Post removed.Why?

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-12-03 06:35 | Report Abuse

If Velesto is doing fine (do your own homework on the figures) and Debts could be wiped in 1 year, how many years had PNB held their shares??? Why would PNB with all their Facts and figures and professionals cracking their heads WANTS OUT???....with no buyers coming in after long time????

Go figure!

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-12-03 06:45 | Report Abuse

Go check their highest price for the PAST 3 YEARS and tell me they have made improvement to their Earnings and bottom line on top of NTA and EPS.......
The previous QR is hanging precariously even with "high rigs rentals" ????? Please get your heads examined. Their PBT and Net Profits, if any, did not go beyond 20 mill for a PLC with NOSH at above 8 Billions!!!! Shareholders would not be rewarded..........how and who would want to carry the baby???

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-12-03 07:19 | Report Abuse

Yes, you're right Huang. Should not give too much credits what this serial Liar says. He threw a challenge at you for days with cut off time at 5pm and kept changing the rules and dared not commit. Who would trust nor believe he had good intentions?? Until now, he still change the Terms but never commit....big talker, no balls.......

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-12-03 07:21 |

Post removed.Why?

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-12-03 08:33 | Report Abuse

Need "accident" claims against Insurance to pay Debts?.......hmmmmm......maybe Adjudicator needs to investigate deeper.

Previous QR Revenue 289 millions, NP only 1.2 million???.........maybe big choon toi...not big ang pau!!

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-12-03 08:36 | Report Abuse

Another reason PNB wants OUT.......don't dirty our reputation and hands washed clean.

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-12-03 08:37 | Report Abuse

Revenue 289 million, NP 1.2 Millions......go check the outflow and assets written off........!!

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-12-03 08:47 |

Post removed.Why?

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-12-03 08:54 | Report Abuse

Not in my records and i3 servers.......you cannot delete........

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-12-03 09:03 |

Post removed.Why?

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-12-03 09:10 |

Post removed.Why?

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-12-03 09:14 |

Post removed.Why?

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-12-03 09:16 | Report Abuse

.....and shopper already fearful to sit in their cafeteria for the famous Meatballs spaghetti and coffee......

Posted by i3lurker > 2 minutes ago | Report Abuse

all that not important...

I now fear going to Ikea for daily breakfast 😢

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-12-03 09:27 |

Post removed.Why?

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-12-03 09:34 |

Post removed.Why?

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-12-04 08:06 |

Post removed.Why?

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-12-04 14:47 | Report Abuse

.....18c coming..........

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-12-04 14:52 |

Post removed.Why?

Posted by Jonathan Keung > 2023-12-04 16:53 | Report Abuse

In a tight trading price range 22- 22.5. big trading volume for the last few days

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-12-04 20:55 | Report Abuse

BOD buying.

01/12/2023
2,370,000
Acquired
Direct Interest
Name of registered holder LING KIEN SING

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-12-05 08:55 | Report Abuse

Velesto will compensate their royal staff next year (2024) through ESOS which was established in 2019. Stay tuned.

SinGor

4,925 posts

Posted by SinGor > 2023-12-05 10:42 | Report Abuse

datuk Ling( operation drilling Director ) buys....he knows operation Revenue will exceed Cost.....as simple as it.
As i said, 4Q revenue will be 70mil+++ and Datuk Ling agreed

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-12-05 16:25 | Report Abuse

High selling due to pessimistic...worried for another covid lockdown and that likely not going to happen. Let see how low it can go and then grab few more. Covid no more pandemic its endemic

EAGLE

388 posts

Posted by EAGLE > 2023-12-05 16:34 | Report Abuse

Very good volume. Buy and sell among syndicate members ka? Anyway, short term players with no holding power main jauh2, else be ready to get burned.

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-12-06 20:44 | Report Abuse

Insider buying....

NORZAIDI BIN MOHD ZAHIDIN
Vice President, Operation
Acquired 140,000

Date of Transaction 05 Dec 2023

ken2004

1,707 posts

Posted by ken2004 > 2023-12-07 10:56 | Report Abuse

Covid? Not bcs oil price dropping more related lol

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