KLSE (MYR): VELESTO (5243)
You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!
Last Price
0.23
Today's Change
-0.005 (2.13%)
Day's Change
0.23 - 0.24
Trading Volume
45,597,900
2024-07-17
2024-07-17
2024-07-10
2024-07-10
2024-07-10
2024-07-10
2024-07-10
2024-07-10
2024-07-10
2024-07-10
2024-07-10
2024-07-10
2024-07-09
2024-07-09
Macgyver111
317 posts
Posted by Macgyver111 > 1 month ago | Report Abuse
This is interesting. As velesto seek for asset light this year, they also mentioned this during press conference...
"In a filing with Bursa Malaysia following its latest financial results announced last month, Velesto said it expects the overall global utilisation of jack-up rigs to remain strong for 2024 and 2025.
“However, the jack-up drilling rig market may experience uncertainty. The company is monitoring the current situation in the Middle East for its future bidding strategy, especially for mid-2026 onwards,” it said.
If we compared DC rate in between Petronas and middle East, there's huge difference.