I think should be more like. 95% velesto resource already under contract until 2026. No material impact.
But of cos, all analysts are already on the way back to their hometown. Freaking manipulators choose timing nice nice. Lol --------------------------------- Brownies
They bring former ceo/president back. Back in 2019, Velesto, Sapura and sp setia doing good under his realm...This is part of Govn initiative to boost bumi companies.
They try to scare ppl to sell cheap ticket so that they can collect?
Then there is a communication problem between PNB and Khazanah/EPF. Bcos everyday, someone come support velesto price after 10am. Queue sibeh big buy queue.
2 Feb, the team woke up late. Shorties shorted 26.5sen to 23 sen and quickly rebounded back when the team woke up. 3-4m queue jump to 20-30m.
Siapa dare to short will confirm burn their fingers... The ex-date for dividend will be after raya. Small but they send strong signal that they are becoming dividend earning counter.
Analysts said that according to the current trends, along with the shortage in the oil market, oil inventories are expected to further decrease, which in turn will push oil prices to continue to remain high this year.
"Based on IEA forecasts, we believe Brent crude oil prices could rise to US$95 to US$105 per barrel in the near term."
Throughout the year, analysts continued to maintain their earlier forecast, which was to remain unchanged at $85 per barrel.
Year-to-date, Brent crude oil prices have averaged $82.3 per barrel, which is roughly the same level as at the same time last year.
In general, analysts continue to give an "overweight" rating to the oil and gas sector, and in addition to the companies listed above, the preferred stocks include Malaysian International Shipping (MISC, 3816, main board transportation and logistics stocks), Maritime Heavy Industry (MHB, 5186, main board energy stocks) and Velesto Energy (VELESTO, 5243, main board energy stocks).
Oil prices could rise by $15 a barrel if all of Iran’s output is interrupted: analyst
Oil traders know the all-too-familiar drill: Heightened tensions in the Middle East have led to a rally in prices — so far to the highest intraday levels in six months. If Iran, one of the world’s largest oil producers, gets directly involved, however, a return to prices of more than $100 a barrel may soon follow. “Nobody wants to be short heading into the weekend,” said Manish Raj, managing director at Velandera Energy Partners. “If the conflicts escalate over the weekend, short sellers will lose their shirts when they wake up on Monday.”
What’s happened An April 1 airstrike on Iran’s consulate in Syria, which Tehran has attributed to Israel, killed seven Iranian military officers and prompted a vow of retaliation from Tehran.
Since the start of the war in Gaza in early October, there has been a rise in clashes between Israel and Iran-backed Hezbollah militants based in Lebanon. Hamas, which governs Gaza and launched the Oct. 7 attack on southern Israel, is also backed by Iran. News reports have said that an Iranian attack on Israel is believed to be imminent, with the Wall Street Journal reporting the possibility of an attack as soon as Friday or Saturday. The U.S. Embassy in Jerusalem issued a travel advisory on Thursday, warning U.S. citizens in Israel against travel outside of major cities such as Tel Aviv.
John Kirby, the Biden White House’s adviser for national-security communications, told reporters Friday that the administration is “certainly mindful of a very public, and what we consider to be a very credible, threat made by Iran in terms of potential attacks on Israel,” and that it was watching developments “very, very, very closely.” Oil rally Prices for oil have climbed so far this month alongside the rising tensions in the Middle East, with U.S. benchmark crude futures trading 5% higher and global benchmark Brent crude gaining closer to 6%. In Friday dealings, May West Texas Intermediate crude CL.1 CLK24 was up 76 cents, or 0.9%, to trade at $85.78 a barrel on the New York Mercantile Exchange after trading as high as $87.67, while June Brent crude BRN00 BRNM24 climbed 90 cents, or 1%, to $90.64 on ICE Futures Europe following a high at $92.18. Both touched their highest intraday levels since October.
Starting jumping to the moon...better collect now even 0.05 u can make profit but please just use u own money.dont use from margin account or anything u want to use in 1week
ya lah keep collecting also no use no show at all. when lah Velesto can start performing like Umno youth Akmal and rock and roll in Bursa with dough rolling in
if ex date is on 24-Apr-2024 DIVIDEND Interim Dividend RM 0.0025 then tomorrow 24th still can buy just to get the dividend as losing money on this counter price wise. anybody know how and what?
again disappointment as was told once ex usually they will start to push as most company will want to collect some dividend money for the pay out. but then no show. sighnnnnn
paktua your zantat performing now as monday was told to enter this stock but i was feeling shaky lah affected by the Imiddle east tension .on monday friend also ask to to buy Sign which i also ignore.
It will go down, but I don't think drastically. The reward is too small.. just like a small token for those long term holders (IB, institutional, etc.). Yesterday ex-date, let see today..
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....
RJ87
5,134 posts
Posted by RJ87 > 2024-04-07 23:48 | Report Abuse
53.8% from PnB. Just matter of time they push all the way up.
Can check s-i-mply wall st for valuation. Fair value is 52sen.
And it’s pretty accurate. They estimated fair value for perdana to be 35sen.