Hari2 naik half cent ok lah..blh sampai 0.30c. Skt2 lama2 jadi bukit. My prediction correct lah Lewis you mentioned wrong la not 0.004c tapi hari naik 0.005c...🤣😅
closing at 0.245 Buying is Huge. Every Buy is 500,000 or 1,000,000....Usually PNB buying Or foreign Funds buying can have this type Bid----Ikan Bilis usually 100 shares
Broker: Hong Leong Investment Bank Research Investment advice: Short-term buy Available buying prices: 23 sen, 24 sen, 24.5 sen Upward target: 28 sen, 30 sen, 31 sen Stop loss point: 22 sen Closing price: 25.5 sen (as of Jan 11) Earnings per share: 3.7 sen (FY2024 estimate) P/E ratio: 9.6 times (FY2024 estimate) Dividend yield: 6.1% (FY2024 estimate)
Technical charts show that VELESTO Energy (VELESTO, 5243, main board energy) is brewing a U-shaped rebound trend, indicating a strong upward trend in the stock price.
If the stock strongly breaks through the support level of 25 sen, it will stimulate the stock to move further towards the levels of 28 sen, 30 sen and 31 sen. However, once the stock price falls back to 22 sen, investors are advised to stop losses in time.
In terms of fundamentals, VELESTO Energy's net profit in the third quarter of fiscal year 2023 fell 92% year-on-year to RM1.2 million, mainly due to the maintenance of four fleets respectively and the utilization rate of JU drilling rigs falling from 88% to 60%.
However, with all JU drilling fleets starting to operate at full speed in the last quarter, and with negotiations with Petronas to increase the daily charter rate (DCR), the company's net profit will rebound significantly in fiscal 2024, based on a profit of RM36.1 million per quarter101 %.
when price touching 0.30, all fatt-king stu-pick analysts (kenanga the first) will queue up to UP TP to 0.40 !!! Get used to thier trick to con ikan bilis already !! 🤣
Share price up, analysts will up TP to follow the price, Share price down, analysts will down TP to follow the price also, If not, they will be seen as "bo chun" and will be sacked by thier bosses man !! 🤣
Alot of Language manipulation by Bankers analyst ( also mangement ??) on last Qr reports. The truth is Velesto makes 70million (plus, plus last Qr ) But management Reduced Short Term Loan by 70mil. You can Check results----You cannot reduce Loan amount unless you pay Back to Banks I think management is in cohort with Bankers to make alot money this Qr ( coming ) Bcos PNB owe Bankers alot money ( Going to get HairCut from Sapura Deal )----Bankers and Politicians have same moral principle They are out to make money
"If the stock strongly breaks through the support level of 25 sen, it will stimulate the stock to move further towards the levels of 28 sen, 30 sen and 31 sen." according to HL investment !
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Macgyver11
2,492 posts
Posted by Macgyver11 > 2024-01-07 03:09 | Report Abuse
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