VELESTO ENERGY BERHAD

KLSE (MYR): VELESTO (5243)

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Last Price

0.215

Today's Change

+0.01 (4.88%)

Day's Change

0.205 - 0.215

Trading Volume

30,751,700


28 people like this.

24,135 comment(s). Last comment by azfar8 2 hours ago

lengjoe

301 posts

Posted by lengjoe > 2013-12-11 16:37 | Report Abuse

ya fishing ... ^^

kobar

130 posts

Posted by kobar > 2013-12-11 20:43 | Report Abuse

Masih belum jual. Apa pandangan saufi? Harga berapa perlu jual. Adakah boleh pergi atas rm4 dalam masa terdekat?

thek

232 posts

Posted by thek > 2013-12-12 05:55 | Report Abuse

Berpotensi naik

Lasallian

392 posts

Posted by Lasallian > 2013-12-12 09:29 | Report Abuse

Naik balik!

Lasallian

392 posts

Posted by Lasallian > 2013-12-12 09:37 | Report Abuse

Bagus betul UMWOG! Beli kelmarin hari ni jual RM 3.85!

dralhg55

29 posts

Posted by dralhg55 > 2013-12-12 09:49 | Report Abuse

Agak boleh naik lagi tak

saufi74

804 posts

Posted by saufi74 > 2013-12-12 09:54 | Report Abuse

Kobar..jgn risau bro..Akan naik rm4 nti..saye kene offload half aritu coz ade dpt byk sch group dari miti..

Lasallian

392 posts

Posted by Lasallian > 2013-12-12 09:56 | Report Abuse

dralhg55...tdk pasti.Saya sdg tunggu hg UMWOG turun balik.Kalau yg pegang hg IPO boleh terus mimpi utk kenaikan seterusnya.

Lasallian

392 posts

Posted by Lasallian > 2013-12-12 10:31 | Report Abuse

Saufi74..Tahniah krn dpt saham SCH drp MITI! Berapa harga saham?

saufi74

804 posts

Posted by saufi74 > 2013-12-12 10:38 | Report Abuse

Lasallian..tq bro..price 0.23..

okdoke

279 posts

Posted by okdoke > 2013-12-12 10:44 | Report Abuse

Bro Saufi74, Tahniah kerana dapat saham SCH drp Miti. Ok ke saham tu? Brapa TP? Saya ada juga dapat sikit dan sedang fikir...

saufi74

804 posts

Posted by saufi74 > 2013-12-12 10:48 | Report Abuse

Okdoke..saye rase ok sch nie..bole dptlah profit dlm 7-8sen..kalo lebih tu kire bonus lah..

Lasallian

392 posts

Posted by Lasallian > 2013-12-12 10:48 | Report Abuse

Saufi74..Thank you bro!

Lasallian

392 posts

Posted by Lasallian > 2013-12-12 11:22 | Report Abuse

Kau gitu saya akan pohon IPO.

yanyana

768 posts

Posted by yanyana > 2013-12-12 11:24 | Report Abuse

nanti gila up ...lagi

hepitrade

5,290 posts

Posted by hepitrade > 2013-12-12 11:26 | Report Abuse

yanyana.. yr TP? tq

yanyana

768 posts

Posted by yanyana > 2013-12-12 11:48 | Report Abuse

The price will come at RM4 in this few days only

sharun

20 posts

Posted by sharun > 2013-12-12 11:58 | Report Abuse

now stable at RM3.84 despite all Asian country index down. Good indicator..

yanyana

768 posts

Posted by yanyana > 2013-12-12 12:04 | Report Abuse

malaysian no effect.bcos the foregin investors not many holding the shares and they will transfer hot money to malaysia in this few days...and will make the malaysia share shooting up sharply. malaysia is their secure parking money

okdoke

279 posts

Posted by okdoke > 2013-12-12 12:52 | Report Abuse

Bro saufi74, terima kasih ttg SCH tu.

kobar

130 posts

Posted by kobar > 2013-12-12 19:46 | Report Abuse

Harap sch can move up jugak

yanyana

768 posts

Posted by yanyana > 2013-12-12 19:50 | Report Abuse

technical chart telling us tommorow will shoot up sharply

kobar

130 posts

Posted by kobar > 2013-12-12 19:58 | Report Abuse

Hope like u ask yanyana

anulus81

276 posts

Posted by anulus81 > 2013-12-12 21:19 | Report Abuse

Westports Holdings, UMW Oil and Gas as well as Malaysia Marine and Heavy Engineering Holdings will be included into FTSE Bursa Malaysia Hijrah Shariah Index while SapuraKencana Petroleum, Bumi Armada and SP Setia will be excluded.

Source theedgemalaysia.com

weechin53

1,070 posts

Posted by weechin53 > 2013-12-12 22:52 | Report Abuse

tomorrow 13th black friday.

Stockman

684 posts

Posted by Stockman > 2013-12-12 23:01 | Report Abuse

With middle east investors UMW Oil and Gas will go up up

Lasallian

392 posts

Posted by Lasallian > 2013-12-13 00:06 | Report Abuse

Apa mau takut Friday the 13th???? Kalau kaunter bagus harga sentiasa stabil.

Posted by Syed Abd Kadir Almushayakh > 2013-12-13 11:02 | Report Abuse

looking@skpetro lah

thek

232 posts

Posted by thek > 2013-12-14 01:24 | Report Abuse

Liau San - yes i joined the boat. Good potential for further growth.

Abang Mad

1,499 posts

Posted by Abang Mad > 2013-12-14 22:24 | Report Abuse

thek san,u r in right direction

rchi

20,930 posts

Posted by rchi > 2013-12-16 00:10 | Report Abuse

for a cheaper exposure to this great stock,can consider the structured warrant cg with 11 months' duration and only at 48 sen.

dralhg55

29 posts

Posted by dralhg55 > 2013-12-16 10:10 | Report Abuse

Buy some ok or not

carson

418 posts

Posted by carson > 2013-12-16 10:57 | Report Abuse

hi, instead of cg why not cj or other c , some having longer duration and lower premium, tq

Lasallian

392 posts

Posted by Lasallian > 2013-12-16 15:30 | Report Abuse

main call warrant kena tengok execise price.

yeo12345

63 posts

Posted by yeo12345 > 2013-12-16 15:45 | Report Abuse

Going North....... RHB commented very good today

yeo12345

63 posts

Posted by yeo12345 > 2013-12-16 15:46 | Report Abuse

Buy......Buy.....last call...

Lasallian

392 posts

Posted by Lasallian > 2013-12-16 15:57 | Report Abuse

TP naik lagi RM 4.63! UMWOG mau terbang lagi!

gaomin

596 posts

Posted by gaomin > 2013-12-16 15:59 | Report Abuse

Ya , Lasallian , esok akan naik balik ke paras > 3.90 , hopefully !

Lasallian

392 posts

Posted by Lasallian > 2013-12-16 16:07 | Report Abuse

gaomin....kita hanya mengharapkan yg terbaik walaupun naik 1 sen seminggu.

Posted by chiawengkiang > 2013-12-16 16:30 | Report Abuse

This stock's value is at rm4.00 to rm4.30 in between. Its can be second largest oil and gas campany after SKPETRO.

Lasallian

392 posts

Posted by Lasallian > 2013-12-16 16:36 | Report Abuse

umwog-ca juga akan naik jika umwog naik.

gaomin

596 posts

Posted by gaomin > 2013-12-16 17:03 | Report Abuse

Ya setuju dengan Lasallian . UMWOG-CA and UMWOG- CG akan naik dengan % yang lebih tiggi .

Lasallian

392 posts

Posted by Lasallian > 2013-12-16 18:38 | Report Abuse

beli umwog-ca RM 0.255 hari ni dan harap besok boleh jual suda utk belanja anak bini hujung minggu.

gaomin

596 posts

Posted by gaomin > 2013-12-16 19:06 | Report Abuse

Agaknya u sudah untung banyak umwog-ca yang u beli bawah 20 sen yang masih simpan lagi, betultak Lasallian ?

Posted by CharTrader > 2013-12-16 19:11 | Report Abuse

Good counter. U keep, u re the winner.

Lasallian

392 posts

Posted by Lasallian > 2013-12-16 19:14 | Report Abuse

gaomin...saya blm jual lagi yg saya beli bawa RM 0.20. Yg saya beli skrg utk main kontra saja. Kalau utg sikit saya jual saja. Saya percaya hg umwog akan naik lagi.

gaomin

596 posts

Posted by gaomin > 2013-12-16 21:17 | Report Abuse

Agree with you , Lasallian . UMWOG will sure go up . Soon will be RM 4.00 .

Joel

4,580 posts

Posted by Joel > 2013-12-16 21:42 | Report Abuse

UMWOG's price at rm3.87 is undervalued currently.
I also agree with some investors above which some said
the share price should exceed more than rm4.50 or even rm5.00.

Today CIMB juz gave TP at 4.63 ( b4 is rm4.57 )
More than more other research houses r expected will give TP for
UMWOG B4 end of December 2013.

Currently the campany have Naga 1,Naga 2, Naga 3 & Naga 4.
Its has stable and solid order book/contracts now. Also will secure
others contracts fr others counties.

The contract extensions awarded by Petronas Carigali for Naga 1, Naga 3 and
Naga 4, and the commencement of Naga 2's contract with PetroVietnam in May
2013.

Naga 1,
Naga 3 and Naga 4 are contracted to Petronas Carigali for works in Terengganu
waters, while Naga 2 is servicing a Hess contract in offshore Vietnam for the
end client, Hoang Long Joint Operating Company.

UMW-OG has submitted several bids to secure a contract for the new jack-up.
In Malaysia, the company is banking on Petronas's import substitution model
as the domestic jack-up segment is currently dominated by foreign players.

There are 508 jack-ups around the world, of which 402 are
contracted. UMW-OG is leasing out its jack-ups at around US$150,000, 23%
higher than the global average given the strong demand for jack-ups in
Malaysia and other Southeast Asian markets.

25-year relationship with Petronas.Currently, UMW-OG has six contracts with
Petronas. Of the six contracts, three are for Naga 1, Naga 3 and
Naga 4, which make up 75% of UMW-OG's existing rig fleet.

We believe the
company is well-positioned to secure new contracts under Petronas's capex
programme, more so with the import substitution model in place.

In FY10-12,
Malaysia was the biggest revenue earner for UMW-OG with an average
contribution of 68%. In Malaysia, Petronas is typically the end
client of most oil & gas jobs.

UMW-OG's list of clients also includes Chevron,
Hess, Maersk, Murphy, Samsung, Shell, PTTEP and PetroVietnam.
UMW-OG's licenses with Petronas are held by five units. The company also
holds international licenses.

UMW-OG currently has an order book of RM1.4bn, up 122% from RM632m as
at Dec 2012.

The backlog will last up to FY18 (Figure 48) and could stretch
further when the company expands. The drilling services business provides an
annuity-like revenue stream, which helps to smoothen out the oilfield services
business' mostly project-based income.

The backlog is calculated by multiplying
the contracted operating day rate by the number of days in the remaining
contract period, assuming full utilisation throughout the relevant period.

Lower-than-statutory effective tax rate. We forecast an effective tax rate of 15% in FY13-15, thanks to offshore leasing
activities. Selected assets, including the rigs, are subject to a fixed maximum tax
rate of RM20,000/year under the Labuan Offshore Business Activity Act 1990,
but the operating companies are still subject to the statutory rate.

UMW-OG is an attractive growth story, offering a 3-year EPS CAGR of 80%,
thanks to the contributions from the new assets as the company takes
advantage of the shortage of Malaysian-flagged jack-ups as well as high demand
for the asset class in Southeast Asia. Earnings visibility is good given a solid
order book that will last up to FY18.

Lasallian

392 posts

Posted by Lasallian > 2013-12-16 23:06 | Report Abuse

Joel...thank you for the informations.

gaomin

596 posts

Posted by gaomin > 2013-12-17 08:13 | Report Abuse

Thanks , Joel .

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