Posted by 8u29song > 1 week ago | Report Abuse

turun lagi

Posted by leeabraham > 1 week ago | Report Abuse

very depressed me but my colleague lagi as kena margin call

Posted by hzboi > 1 week ago | Report Abuse

this volume is very crazy

Posted by specializedvenge > 1 week ago | Report Abuse

What is this.
Lower high and lower low

Posted by surviver > 1 week ago | Report Abuse

The trade volume is very high. This could be a good sign.

Posted by Michael Kwok > 1 week ago | Report Abuse

Velesto 24.5 cents
If 15-17 july no go back 26 cents,a must throw.
15/7/24 11.55am

Posted by Expertise > 1 week ago | Report Abuse

Volume high easily play by IB and shark..I lose few cent too..2 week red red manage get few at 0.24…haiyaa velesslow

Posted by bullrun168 > 1 week ago | Report Abuse

Walaoeh, what happend ?
Super damn hot man Armada today !
Now Armada was traded at @0.585 (+0.015) (+2.6 %)
Heng ah, Ong ah, Huat ah !

Posted by bullrun168 > 1 week ago | Report Abuse

Sailang all my belongings till underwear to buy-in Velesto at @0.24
Heng ah, Ong ah, Huat ah !

Posted by RJ87 > 1 week ago | Report Abuse

Accidentally sapu another 500K shares at 0.250 let's see how next month QR.

Posted by bhza2012 > 1 week ago | Report Abuse

Wait for the best price to collect more

Posted by RJ87 > 1 week ago | Report Abuse

Strange strange, if they want to take profit. They do quietly at high price.

Shakeup like this, with such big volume; really no idea what they upto. Battle of the giant. Someone taking on PNB manipulator. Big volume with no news no nothing.

Posted by bhza2012 > 1 week ago | Report Abuse

Somebody press the price, maybe

Posted by surviver > 1 week ago | Report Abuse

i manage to increase some at 0.235 to leverage down the price of this share, hopefully the share price will shoot up. Good luck guys

Posted by Macgyver111 > 1 week ago | Report Abuse

Weak out
Strong remain strong.
They pressed up to maximum..

Posted by xcraft > 1 week ago | Report Abuse

This really challenging your heart to max

Posted by Macgyver111 > 1 week ago | Report Abuse

Strongly believe will rebound back strong. My guess is some big2 shark collecting now.

Posted by surviver > 1 week ago | Report Abuse

i have same feeling with you too. hopefully can make some profit. cheers

Posted by Macgyver111 > 1 week ago | Report Abuse

They do the same way back in 2019..

Posted by kuningNo1 > 1 week ago | Report Abuse

Big player all laugh to the bank, bilis hold and get lock for 4-5 year may be.

Posted by Macgyver111 > 1 week ago | Report Abuse

I collect some..take max risk also. Let see our luck

Posted by Macgyver111 > 1 week ago | Report Abuse

If go below 0.20 poochi. If rebound back then all the way back 0.27/0.28..fingers crossed...

Posted by bullrun168 > 1 week ago | Report Abuse

Top up more Velesto at @0.235
Heng ah, Ong ah, Huat ah !

Posted by surviver > 1 week ago | Report Abuse

Heng ah, Ong ah, Huat ah !

Posted by toffeemoose > 6 days ago | Report Abuse

Heng ah, Ong ah, Huat ah !

Posted by Harryww > 6 days ago | Report Abuse

The big sharks are pushing it's down until 0.20 before end of this month.

Posted by RJ87 > 6 days ago | Report Abuse

eat rice eat porridge see you dy Velesto. Whacked another 200k shares at 0.235.
If short seller not buying back the position, means it's legit someone with shares selling.

Just not sure just to sell or just to press price.

Posted by goldenhope > 6 days ago | Report Abuse

No worry, PNB major shareholder

Posted by RJ87 > 6 days ago | Report Abuse

ini part of PNB plan or PNB no renew manipulators contract? That's why manipulator dumping.

Posted by Macgyver111 > 6 days ago | Report Abuse

Armada doing good
Perdana doing good
Velesto after pay dividend...meow! Meow!
Tapi walau mcm mana pun...sabaaaaar!

Posted by specializedvenge > 6 days ago | Report Abuse

Drop 10% like one naga has sunken.
Drop a lot for no reason.

Posted by CT888 > 6 days ago | Report Abuse

any news of sunken Naga??

Posted by Macgyver111 > 6 days ago | Report Abuse

Sunken naga issue already settled la..you dlm coma ke selama ni..

Posted by NinjaInPyjamas > 6 days ago | Report Abuse

Doesnt seem revenue and profit affected. DCR should remain elevated or move higher. The margin of safety is the value of their rigs. Even China cannot build that cheap

Posted by RJ87 > 6 days ago | Report Abuse

Yesterday move, really hv to study what’s going on. Not very natural activity.

Posted by hzboi > 6 days ago | Report Abuse

yesterday 230milion volume down... today limit up at open with merely 4 million buy. I hope its shark change of hands.

Posted by ITreeinvestor > 6 days ago | Report Abuse

upcoming quarters will be badly hit by 4 rigs Planned shutdown in Y24Q3-Y25Q1
Contract end for Naga 3 & 5 soon.

Posted by ITreeinvestor > 6 days ago | Report Abuse

Price will be slowly downtrend in coming 6 to 9 months to reflect the events above.

Posted by Macgyver111 > 6 days ago | Report Abuse

All 4 rigs not going for periodical survey at one time..make sure clarified clearly. It scheduled carefully one after another...maybe small significant effects as DCR already revised to usd 120 and above by Petronas. Current oil also favourable

Posted by Macgyver111 > 6 days ago | Report Abuse

Actually only 3 rigs. They're still profitable as DCR increased..

“At least three of our rigs, namely NAGA 2, NAGA 5 and NAGA 6, are expected to commence their five-yearly Special Periodical Survey in 2QFY2024, 3QFY2024 and 4QFY2024 respectively,” it added.

Posted by Macgyver111 > 6 days ago | Report Abuse

If they shut down 3 or 4 rigs at one time.. of course, they will be run loss. But I don't think Velesto has such stup.....d management to plan in such a way

Posted by ITreeinvestor > 6 days ago | Report Abuse

its 4 rigs. and yes, it will not going to shutdown all at once hence this will drag down earning for continuosly 3 quarters.

while during that shutdown mess, naga 3 & 5 will be out of contract.

"" please refer to Kenanga Report in May24 ""
However, in 2HFY24, Naga 2, Naga 5, and Naga 6 are scheduled for special periodical surveys (SPS).

Except for Naga 3 which is set for SPS in 1QFY25

Posted by Rwan88 > 6 days ago | Report Abuse

Kenanga still target 0.34sen on May2024. Not much affacted by SPS

Posted by tankahban123 > 6 days ago | Report Abuse

https://www.marketwatch.com/investing/future/cl.1 crude oil future is more than 80 usd per barrel

Posted by biginvestor > 6 days ago | Report Abuse

The new IDRIS HYDRAULICS. Big volume everyday, no movement

Posted by KarmaS > 5 days ago | Report Abuse

continue to move lol

Posted by Macgyver111 > 5 days ago | Report Abuse

The data center theme is over. All the big sharks will jump to other counters soon, especially energy...

Posted by Macgyver111 > 5 days ago | Report Abuse

If 2morrow can break 0.245, then good sign of upward trend. PNB won't let the price plunge down...

Posted by leeabraham > 5 days ago | Report Abuse

anyone know why the selldown in past few days?

Posted by RJ87 > 5 days ago | Report Abuse

completely clueless…either press down to collect cheap ticket for specular good QR next month…
Or genuine concern of velesto’s prospect.

Else, it’s just battle of titans between sharks and giant squids.