VELESTO ENERGY BERHAD

KLSE (MYR): VELESTO (5243)

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Last Price

0.21

Today's Change

0.00 (0.00%)

Day's Change

0.205 - 0.215

Trading Volume

31,426,500


28 people like this.

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

Explode

1,171 posts

Posted by Explode > 2017-07-17 16:53 | Report Abuse

nice close, Congrats all

dxbman

895 posts

Posted by dxbman > 2017-07-17 16:57 | Report Abuse

To those who follow my advise and buy congratz!. To those who did not, too late to buy oledi hahaha

goreng_kaki

1,909 posts

Posted by goreng_kaki > 2017-07-17 16:58 | Report Abuse

buy ahhhhhhh~~

TP: 50 sen ah~~~~~


hahahahaha

Pmaster

5,577 posts

Posted by Pmaster > 2017-07-17 17:37 | Report Abuse

Haha ! Good show pnb ! Welldone

labu83

2,565 posts

Posted by labu83 > 2017-07-17 17:43 | Report Abuse

Good job c17,only 0.005,more money to coming

micky92

759 posts

Posted by micky92 > 2017-07-17 19:24 | Report Abuse

Twice making today...bought at 29 cts sold at 30.5 bought again at 31 cts sold at 36.5 cts.thank u umwog

oasischeah

1,461 posts

Posted by oasischeah > 2017-07-18 07:28 | Report Abuse

Malaysian shares are manipulated and anyway it will end up bad just before the rights issue.

zzzzz

1,874 posts

Posted by zzzzz > 2017-07-18 08:12 | Report Abuse

Second round>>> today

CKCS

1,439 posts

Posted by CKCS > 2017-07-18 08:29 | Report Abuse

Made enough and flee. What else u dreaming?

stockmanmy

6,977 posts

Posted by stockmanmy > 2017-07-18 08:55 | Report Abuse

be greedy

sheep

3,845 posts

Posted by sheep > 2017-07-18 08:56 | Report Abuse

epf on selling mode... be careful. Other funds might follow suit.... take profit first

CharlesT

14,640 posts

Posted by CharlesT > 2017-07-18 08:57 | Report Abuse

Posted by stockmanmy > Jul 18, 2017 08:55 AM | Report Abuse

be greedy

got money to buy the coming rights issues or not? Dont talk like expert just like when u promoted non stop at RM0.70+ during Jan this year (and then claimed u cut loss at Rm0.70 etc..)

CharlesT

14,640 posts

Posted by CharlesT > 2017-07-18 08:59 | Report Abuse

PROPOSED RENOUNCEABLE RIGHTS ISSUE OF UP TO 6,053,600,000 NEW UMW-OG
SHARES (“RIGHTS SHARES”) TOGETHER WITH UP TO 1,513,400,000 FREE
DETACHABLE WARRANTS (“WARRANTS”) AT AN ISSUE PRICE OF RM0.30 PER
RIGHTS SHARE (“RIGHTS ISSUE PRICE”) ON THE BASIS OF FOURTEEN (14) RIGHTS
SHARES FOR EVERY FIVE (5) UMW-OG SHARES HELD AT AN ENTITLEMENT DATE TO
BE DETERMINED LATER (“PROPOSED RIGHTS ISSUE WITH WARRANTS”);
(II) PROPOSED SUBSCRIPTION OF UP TO 4,847,539,594 NEW ISLAMIC REDEEMABLE

CharlesT

14,640 posts

Posted by CharlesT > 2017-07-18 09:00 | Report Abuse

Dont later come out to talk cock again few months later saying u oredi sold at RM0.37....

zzzzz

1,874 posts

Posted by zzzzz > 2017-07-18 09:08 | Report Abuse

RED.........

stockmanmy

6,977 posts

Posted by stockmanmy > 2017-07-18 09:13 |

Post removed.Why?

CharlesT

14,640 posts

Posted by CharlesT > 2017-07-18 09:14 | Report Abuse

I am not surprised if u sell it anytime today...lol

CKCS

1,439 posts

Posted by CKCS > 2017-07-18 09:26 | Report Abuse

My move was right. The probability of falling is higher than it's climbing up.

dxbman

895 posts

Posted by dxbman > 2017-07-18 09:34 | Report Abuse

Sold all and move to MLAB with tidy profit

masterus

3,592 posts

Posted by masterus > 2017-07-18 10:55 | Report Abuse

By Hideyuki Sano
TOKYO (Reuters) - The U.S. dollar sank to a 10-month low against a basket of major currencies on Tuesday, hobbled by uncertainty over the pace of the Federal Reserve's policy tightening and worries that President Donald Trump will fail to deliver healthcare reforms.
The dollar's index against a basket of six major currencies sank to a 10-month low of 94.75. From its 14-year peak of 103.82 touched on Jan. 3, it has lost 8.4 percent.
Two more Republican Senators, Jerry Moran and Mike Lee, announced their opposition on Monday to a revised Republican healthcare bill, delivering a serious blow to the legislation.
"If the bills won't pass, there will be no money for tax cuts. The implementation of his fiscal policy will be difficult," said Bart Wakabayashi, Tokyo Branch Manager of State Street.
Friday's weak reading on U.S. inflation and retail sales also fanned speculation that the Fed may not have justification for another rate hike by the end of this year, despite policymakers' projection for such a move.
Money market instruments are now pricing in less than 50 percent chance of a rate increase during the rest of the year.
In contrast, central bank policymakers in the euro zone, the UK and Canada have recently signaled they could adjust their policies, with the Bank of Canada raising rates last week for the first time since 2010.

MyInvest

496 posts

Posted by MyInvest > 2017-07-18 10:55 | Report Abuse

Looks better take profit and enjoy..... :)

stockmanmy

6,977 posts

Posted by stockmanmy > 2017-07-18 11:18 | Report Abuse

charles

buy and still make money.
world tour still got surplus.

zzzzz

1,874 posts

Posted by zzzzz > 2017-07-18 12:56 | Report Abuse

Sure uptrend .... this stock was RM4.00 last time ..

zzzzz

1,874 posts

Posted by zzzzz > 2017-07-18 13:17 | Report Abuse

Just buy n keep .... surely win

stockmanmy

6,977 posts

Posted by stockmanmy > 2017-07-18 14:01 | Report Abuse

get hold of the Edge and read why people buy UMWOG.

zzzzz

1,874 posts

Posted by zzzzz > 2017-07-18 14:58 | Report Abuse

Buy buy buy .... undervalue now

mafia168

278 posts

Posted by mafia168 > 2017-07-18 15:19 | Report Abuse

Looks like crude oil is going to stay at current price for long time. Buying oil stock now either you make a lot or you lose a lot, the risk is high. I cannot effort risk, have move away from oil stock.

mafia168

278 posts

Posted by mafia168 > 2017-07-18 15:29 | Report Abuse

This counter have made huge loses for the last 4 quarter, unless crude price recover otherwise the future really look cloudy, becareful folks

zzzzz

1,874 posts

Posted by zzzzz > 2017-07-18 15:36 | Report Abuse

The result reflected that when the crude below USD40... the worst is over now

mafia168

278 posts

Posted by mafia168 > 2017-07-18 15:48 | Report Abuse

Look at that crude price chart for last 5 years , it was below 40 not for long in mid of 2015, but indeed been hopping around 50 most of the time.

mafia168

278 posts

Posted by mafia168 > 2017-07-18 16:04 | Report Abuse

gudluck !

zzzzz

1,874 posts

Posted by zzzzz > 2017-07-18 16:24 | Report Abuse

Normal.... profit taking .. chance to collect

Pmaster

5,577 posts

Posted by Pmaster > 2017-07-18 16:46 | Report Abuse

Today play up n down show ! Great

zzzzz

1,874 posts

Posted by zzzzz > 2017-07-18 17:44 | Report Abuse

Still far away from research houses TP. Furthermore, PNB is the boss now... secured so many new contracts ... y worried ?

stockmanmy

6,977 posts

Posted by stockmanmy > 2017-07-18 17:53 |

Post removed.Why?

zzzzz

1,874 posts

Posted by zzzzz > 2017-07-18 21:02 | Report Abuse

Better than to buy those penny stock.....

mafia168

278 posts

Posted by mafia168 > 2017-07-18 22:12 | Report Abuse

If crude price stay at current level, many stock will die. It has to maintain above 60. Don't forget U.S. have a lot shale oil, their output seen up when crude price up that bring down the crude price.

zzzzz

1,874 posts

Posted by zzzzz > 2017-07-19 06:50 | Report Abuse

Yes ageeed .. crude oil slumps because of shale oil from US... even news from OPEC cut production last nite drove the Brent crude oil above USD49 but after US industry report stock pile increase then drives the price down again .....

oasischeah

1,461 posts

Posted by oasischeah > 2017-07-19 07:31 | Report Abuse

Shares trying to play with rights issue will end up from bad to worse.

zzzzz

1,874 posts

Posted by zzzzz > 2017-07-19 07:49 | Report Abuse

Not really ! Many counters issuing right issue also doing well ....

rijack88

1,008 posts

Posted by rijack88 > 2017-07-19 08:21 | Report Abuse

today limit up!

mafia168

278 posts

Posted by mafia168 > 2017-07-19 08:46 | Report Abuse

when the right issue taken place, 1) the price will be average down, 2) you need to fork out some more money to subscribe to the right

rijack88

1,008 posts

Posted by rijack88 > 2017-07-19 09:48 | Report Abuse

EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 2,650,000 shares on 13-Jul-2017.

YouBuyIBuy

795 posts

Posted by YouBuyIBuy > 2017-07-19 09:52 | Report Abuse

Good chance to enter now for another spike up

Buns

165 posts

Posted by Buns > 2017-07-19 10:37 | Report Abuse

Lots of buyers eating up the sellers throwing at 0.34. Good base-after seller volume done time to rocket up

YouBuyIBuy

795 posts

Posted by YouBuyIBuy > 2017-07-19 10:49 | Report Abuse

Volumn is back to top 5, ready to boost

rockycleft

880 posts

Posted by rockycleft > 2017-07-19 12:16 | Report Abuse

The RI is like ICU treatment. I am watching closely before jumping in.......

rockycleft

880 posts

Posted by rockycleft > 2017-07-19 12:22 | Report Abuse

Maybe patient fully recover after blood transfusion. But can go to mortuary.....haha

offshore

327 posts

Posted by offshore > 2017-07-19 13:08 | Report Abuse

This counter can play for short term rebound. If you want to go in to bet for long term oil and gas recovery, firstly, there is no hurry, it will take some time for oil price to go up, secondly, there are plenty of better managed or well-diversified ones like Bumi, Sapura Energy, Uzma or Waseong that are entrepreneur driven. Any price below 30 sen is a no-brainer buy for short term play cause PNB die die want to stick to the right share price at 30 sen. Most companies will not put up a price at proposal stage.

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