VELESTO ENERGY BERHAD

KLSE (MYR): VELESTO (5243)

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Last Price

0.205

Today's Change

-0.005 (2.38%)

Day's Change

0.205 - 0.215

Trading Volume

51,874,300


28 people like this.

24,133 comment(s). Last comment by hafizduhari 3 days ago

Posted by HugoMorales > 2016-09-29 19:29 | Report Abuse

can hit $60..

Tham Leong

247 posts

Posted by Tham Leong > 2016-09-29 20:59 | Report Abuse

C 3 c 4 good buy

BigDaddyCool

1,806 posts

Posted by BigDaddyCool > 2016-09-29 21:38 | Report Abuse

bullish mode on crude & brent...another big wave is comming till November..With ARAMCO IPO for next listing on SA by then USD50....Grab C4 as its still cheap TP0.10

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2016-09-30 00:11 | Report Abuse

broke 50, going forward 60!! umwog should profit next quarter!

riff

226 posts

Posted by riff > 2016-09-30 17:02 | Report Abuse

lol ok goldentriangle, keep dreaming

Posted by HugoMorales > 2016-10-04 10:30 | Report Abuse

helo

riff

226 posts

Posted by riff > 2016-10-04 10:37 | Report Abuse

told u goldentriangle, u can dream of umwwog, but when u wake up, face the reality it aint going nowhere.

JamesPond

429 posts

Posted by JamesPond > 2016-10-04 12:23 | Report Abuse

Aiya, he everyday shout oil price goes up. He is one very happy person with oil price up. This morning when I pumped petrol...WTF, WTF, WTF, price went up. When I turned on computer, WTF,WTF,WTF UMWOG price did not go up!!!!

Posted by HugoMorales > 2016-10-04 16:19 | Report Abuse

im looking C2

Posted by HugoMorales > 2016-10-04 16:20 | Report Abuse

umwog mybe tmrw will fly..

Posted by butterflyeffect > 2016-10-04 19:10 | Report Abuse

How u know tmrw up?? Umwog c2 good? or c4?

Jetli

180 posts

Posted by Jetli > 2016-10-04 19:12 | Report Abuse

Will only move on 2 main issues
1. EPF must stop selling
2. Must announce a few project wins

If these 2 not resolved, shh will feel more pain

Jetli

180 posts

Posted by Jetli > 2016-10-04 19:13 | Report Abuse

If u buy call warrants, u need luck & prayer. Issuer laughing at yr stupidity

Jetli

180 posts

Posted by Jetli > 2016-10-04 19:15 | Report Abuse

Go genting n gamble better instead of call w, yr money cannot expire in genting but can on the call warrants

aa88

526 posts

Posted by aa88 > 2016-10-05 09:23 | Report Abuse

epf sell drb at 85-90c now u see the price rm1.50 liau

aa88

526 posts

Posted by aa88 > 2016-10-05 09:38 | Report Abuse

still c3 c4 good bet

Tham Leong

247 posts

Posted by Tham Leong > 2016-10-05 10:27 | Report Abuse

No volume le

chasz

231 posts

Posted by chasz > 2016-10-05 16:14 | Report Abuse

y oil up so much this comp down?

Jetli

180 posts

Posted by Jetli > 2016-10-05 18:14 | Report Abuse

Bought all in at 0.88

chasz

231 posts

Posted by chasz > 2016-10-05 21:38 | Report Abuse

are people fear by the way perisai go down?because umwog have same biz model as perisai? is this the reason..tomorrow if cant go up,must be careful

Posted by HugoMorales > 2016-10-05 22:14 | Report Abuse

hari ni panic sell..tmorw panic buy balik..wkwkwk

BigDaddyCool

1,806 posts

Posted by BigDaddyCool > 2016-10-05 22:44 | Report Abuse

Super bullish on brent & crude oil.Buying frenzy by tomorrow..Watch out for C4

snwong13

717 posts

Posted by snwong13 > 2016-10-06 08:38 | Report Abuse

.
observe who are the shareholders of UMWOG.
Hope they will do something to turnaround...
I am still hoping and collecting but downward...
Good luck to me..

2016v

310 posts

Posted by 2016v > 2016-10-06 08:49 | Report Abuse

another perisai if dunt have strong holding co

snwong13

717 posts

Posted by snwong13 > 2016-10-06 08:54 | Report Abuse

.
yes, UMWOG >50% owned by UMW Holdings.
again, observe who are the shareholders of UMW Holdings.
they will come in...

aa88

526 posts

Posted by aa88 > 2016-10-06 09:09 | Report Abuse

tp 92c then talk

aa88

526 posts

Posted by aa88 > 2016-10-06 09:17 | Report Abuse

green now go go go

Jetli

180 posts

Posted by Jetli > 2016-10-06 09:52 | Report Abuse

Sold out all at 0.89

aa88

526 posts

Posted by aa88 > 2016-10-06 09:54 | Report Abuse

i buy more

Jeff10

53 posts

Posted by Jeff10 > 2016-10-06 10:25 | Report Abuse

haha, buy all & takeover the Company
buy armada too

JamesPond

429 posts

Posted by JamesPond > 2016-10-06 10:27 | Report Abuse

snwong, goodluck to u. Whilst it may indirectly helps that oil price goes up but more importantly, for UMWOG to go up, they have to be able to WINNNNN jobs at PROFITABLE rates. If oil goes up to USD100 but UMWOG can't win jobs at profitable rate then their share price would continue to slide. Meantime, Petronas has not announced any increase in Capex. Whilst some may argue that UMWOG is not financially distressed, one only need to look at their last qtr financial position and reflect on what happen with Perisai and Swiber notwithstanding that UMW Holding is the parent co.My 2 sen worth.

Jetli

180 posts

Posted by Jetli > 2016-10-06 10:31 | Report Abuse

if u take out the parent, its financially distressed
but my view is that its gonna win some major contracts (most probably from Petronas) within the next one year & it may be the saviour.

With crude oil on the uptrend, umwog may have the chance to offload some oil rigs to pare down its borrowings

Jetli

180 posts

Posted by Jetli > 2016-10-06 10:31 | Report Abuse

half in at 0.88

Jetli

180 posts

Posted by Jetli > 2016-10-06 10:33 | Report Abuse

my target is 1.20-1.50 for year 2017.

Jetli

180 posts

Posted by Jetli > 2016-10-06 10:36 | Report Abuse

Its a nice trade-able stock, a safety sock can be MHB

JamesPond

429 posts

Posted by JamesPond > 2016-10-06 10:55 | Report Abuse

Hopefully u are right on the obtaining of major contract. U r definitely right on the "nice tradeable" part. EPF slowly selling and price goes down a bit. Then some news on oil price, price goes up. Until announcement of major contract win, looks like it is going to ding-down a few sen meantime!!!

snwong13

717 posts

Posted by snwong13 > 2016-10-06 11:16 | Report Abuse

.
correctly spelled out on risk factors on all oil counters today be it big or small
Many investors today are not in favor of oi counters..
if low oil price continues into 2017, it may not look good even for GLC
importantly (1) oil price MUST goes up (2) wining more contracts
As investors, we have our ways looking at today's oil counters from all angles.
Keep reading latest news...
Good Luck!

.

Jetli

180 posts

Posted by Jetli > 2016-10-06 12:37 | Report Abuse

oil price up but if do not translate to contract wins, then its useless
that's what is happening now, exception is only sapura kencana

Jetli

180 posts

Posted by Jetli > 2016-10-06 16:01 | Report Abuse

all in at 0.88

Jetli

180 posts

Posted by Jetli > 2016-10-06 18:48 | Report Abuse

When EPF finish selling, then it will fly

Why is EPF selling at such low prices despite the fact that Khazanah is the biggest shareholder plus other GLC funds holding big chunk too? Any ideas/views

Pavillion

3,100 posts

Posted by Pavillion > 2016-10-06 19:00 | Report Abuse

No points to sell when it reached capitulation stages (some investor give up already...just sell to stop the pains). It will rebound when new investor came in at this stages.

I don't own this stock.

Jetli

180 posts

Posted by Jetli > 2016-10-06 19:26 | Report Abuse

EPF not giving up, just selling some shares everyday. There is no pain for EPF.
Also no other big investor will come, all the local funds are fully invested. Retail investors r not my concern, So my question is Why EPF is selling at these low prices?

snwong13

717 posts

Posted by snwong13 > 2016-10-06 20:00 | Report Abuse

.
most of the time, many take epf movement as proxy to stock price.
sometime, they come and go, even on the same day, for some stocks
i guess they hope for some capital gain too.
not surprise, when low, they will come back...
read this....http://www.thestar.com.my/business/marketwatch/shareholding-changes/

Jetli

180 posts

Posted by Jetli > 2016-10-06 20:06 | Report Abuse

Tq, but my question not addressed / answered

BigDaddyCool

1,806 posts

Posted by BigDaddyCool > 2016-10-06 21:33 | Report Abuse

With crude & brent rally to highest level it is still unknown on the movement of stock which related to oil.Bear in mind with the strenghtening of dollar against all major currency price is depreciating due to FOREX...The correllation between USD vs Crude & Brent is a crucial results.We are trap I guess in this so called bulls

JamesPond

429 posts

Posted by JamesPond > 2016-10-07 10:44 | Report Abuse

As Jetli pointed out, oil price up but not translated to contract wins by UMWOG also pointless

Posted by HugoMorales > 2016-10-07 11:20 | Report Abuse

kenapa kounter oil&gas lain semua sudah fly.. tapi umwog slow macam kura2 mahu bertelur..?

Posted by Greysonchen > 2016-10-07 11:22 | Report Abuse

only when brent oil price stable at 55 usd,company will start rolling money. .

Posted by HugoMorales > 2016-10-07 11:23 | Report Abuse

kenapa ada sesuatu block 0.88

Posted by HugoMorales > 2016-10-07 11:25 | Report Abuse

mana pergi jerung, ikan besar, bulls, spartan? kenapa tak push this kounter

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