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

27,234,000


28 people like this.

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

Andrew62

308 posts

Posted by Andrew62 > 2017-08-26 01:58 | Report Abuse

UMW is a curse.
BUY UMW -TOYOTA LAST.

Andrew62

308 posts

Posted by Andrew62 > 2017-08-26 02:08 | Report Abuse

I went for EGM.Trick ppl

apanama

3,796 posts

Posted by apanama > 2017-08-27 05:35 | Report Abuse

More people long on GOLD and CRUDE OIL..https://www.investing.com/news/forex-news/cftc-gold-net-longs-at-9month-high-speculators-more-bearish-on-gbp-522735.....due to DOLLAR IS CONFIRMED BEARISH to TEST 89-90 DXY INDEX. Therefore..UMW OIL AND GAS STOCK and other oil and gas stocks will aggresively rebound next week...

apanama

3,796 posts

Posted by apanama > 2017-08-28 09:32 | Report Abuse

Well Done to those who take risk at 0.30 level...

masterus

3,592 posts

Posted by masterus > 2017-08-28 10:47 | Report Abuse

A combination of events put pressure on the U.S. Dollar last week, culminating with speeches by Fed Chair Janet Yellen and European Central Bank President Mario Draghi on Friday.
September U.S. Dollar Index futures settled the week at 92.677, down -0.682 or -0.73%.

U.S. Dollar Index
Weekly September U.S. Dollar Index
More
The week started with the dollar under pressure amid geopolitical tension in North Korea, as investors braced for the annual central bankers’ symposium at Jackson Hole, Wyoming. South Korean and U.S. forces began computer-simulated military exercises on Monday in the wake of North Korea’s weapons programs, angering the Asian communist regime. North Korea denounced the exercises as preparations for a nuclear war.
The dollar bounced higher about mid-week after the Euro was pressured by a weaker-than-expected reading on German investor confidence. Position-squaring ahead of the Jackson Hole symposium also supported the dollar.
The Greenback was also pressured during the week after U.S. President Donald Trump suggested a shutdown of the government was possible and threatened to terminate the North American Free Trade Agreement.
The U.S. Dollar was supported late in the week on increased speculation Republicans and Trump were getting closer to announcing their tax reform plan. President Trump’s chief economic advisor Gary Cohn said the President will start publicly campaigning for highly-anticipated tax reform next week. Cohn told the Financial Times that Trump will begin calling for long-awaited reform next Wednesday when he visits Missouri.
Finally, the week ended with the dollar index plunging in reaction to a surge in the Euro. The EUR/USD rallied to a two-year high after European Central Bank President Mario Draghi mentioned nothing about concerns over a high-priced Euro. Dovish comments from Fed Chair Janet Yellen also contributed to the dollar’s weakness.

Tjaifc

135 posts

Posted by Tjaifc > 2017-08-29 13:46 | Report Abuse

tahan lo....red today....

hng33

20,011 posts

Posted by hng33 > 2017-08-30 16:58 | Report Abuse

bought UMW oil and gas at 30.5sen

Posted by Jolin Lai Chi Pet > 2017-09-02 08:02 | Report Abuse

follow hng33.............I will use all my money to buy UMWOG!!!!!!! on next week.

YouBuyIBuy

795 posts

Posted by YouBuyIBuy > 2017-09-04 16:35 | Report Abuse

the reason you buy this instead of hengyuan ? anybody enlighten me ?

Risk Trader

3,942 posts

Posted by Risk Trader > 2017-09-04 23:40 | Report Abuse

The price is under value by 50%

Mark Chia

14 posts

Posted by Mark Chia > 2017-09-05 16:33 | Report Abuse

Be greedy when people are fearful and Be fearful when people are greedy. Always works for this Co.

Risk Trader

3,942 posts

Posted by Risk Trader > 2017-09-05 19:09 | Report Abuse

Is time to add more lot...

Mark Chia

14 posts

Posted by Mark Chia > 2017-09-06 11:38 | Report Abuse

DUBAI: Saudi Arabia raised oil pricing for October sales to Asia, increasing its lighter grades for a second consecutive month, in an indication the world’s largest crude exporter sees strengthening demand in its biggest market.
Read more at http://www.thestar.com.my/business/business-news/2017/09/06/aramco-raises-oil-pricing-for-asia-in-sign-of-greater-demand/#3Fizj2q5df5X3yPD.99

hng33

20,011 posts

Posted by hng33 > 2017-09-06 15:55 | Report Abuse

bought more UMWOG at 30sen

hng33

20,011 posts

Posted by hng33 > 2017-09-06 19:35 | Report Abuse

Crude oil is rebounding, good for UMWOG

Tjaifc

135 posts

Posted by Tjaifc > 2017-09-07 00:27 | Report Abuse

now..c 49+....b 54+....hope can hold...

Posted by Jolin Lai Chi Pet > 2017-09-07 08:13 | Report Abuse

follow hng33............top up more on today!!!!!!!! hooray..........

hng33

20,011 posts

Posted by hng33 > 2017-09-07 09:39 | Report Abuse

sold back all UMWOG at 31.5sen, lock handsome contra profit, free up all capital first.

Risk Trader

3,942 posts

Posted by Risk Trader > 2017-09-07 10:17 | Report Abuse

Next week can go to 35 cent...

rijack88

1,008 posts

Posted by rijack88 > 2017-09-07 11:34 | Report Abuse

buy buy buy.. up up up!

WM Niaga

1,406 posts

Posted by WM Niaga > 2017-09-07 11:36 | Report Abuse

Ok..Ok..Bro

Risk Trader

3,942 posts

Posted by Risk Trader > 2017-09-07 14:04 | Report Abuse

Uptrend already...dont miss the boat

sheep

3,845 posts

Posted by sheep > 2017-09-07 14:34 | Report Abuse

SC approve rights issues.... pump and dump?

Tjaifc

135 posts

Posted by Tjaifc > 2017-09-07 18:15 | Report Abuse

pnb backing...more contracts..good charter rates..still can move forward..hope for the best...

Andrew62

308 posts

Posted by Andrew62 > 2017-09-08 00:15 | Report Abuse

UMW - Buy TOYOTA last.
UMW is a curse BRAND.

Fortune888

651 posts

Posted by Fortune888 > 2017-09-08 11:05 | Report Abuse

Can enter ?

eazye92

106 posts

Posted by eazye92 > 2017-09-08 12:42 | Report Abuse

hell yeah, saw big volume enter just before lunch time, will see some action later on,

rijack88

1,008 posts

Posted by rijack88 > 2017-09-08 14:39 | Report Abuse

coming

hng33

20,011 posts

Posted by hng33 > 2017-09-08 14:44 | Report Abuse

bought back all UMWOG at 32sen

hng33

20,011 posts

Posted by hng33 > 2017-09-08 14:46 | Report Abuse

Global crude oil heading to USD55 mark, bode well for UMWOG rig demand

hng33

20,011 posts

Posted by hng33 > 2017-09-08 14:56 | Report Abuse

no more cheap stock, need to grab back to ride on recovery

cutie

1,690 posts

Posted by cutie > 2017-09-08 15:11 | Report Abuse

right issues coming...look at Anzo, Mrcb, Mtouche

Posted by dreamtoberich > 2017-09-08 15:50 | Report Abuse

Buy buy. Cheap cheap 50c coming

hng33

20,011 posts

Posted by hng33 > 2017-09-08 15:52 | Report Abuse

no more cheap stock already trigger by all those UMW shareholder entitle share almost fully selloff, time to REBOUND STRONGLY

rijack88

1,008 posts

Posted by rijack88 > 2017-09-08 16:11 | Report Abuse

TP : 0.58!

hng33

20,011 posts

Posted by hng33 > 2017-09-08 16:19 | Report Abuse

Yup, potentials 100% return

hng33

20,011 posts

Posted by hng33 > 2017-09-08 16:32 | Report Abuse

Moving up :D)

Posted by Taufiq Fiq > 2017-09-08 18:21 | Report Abuse

buy buy buy

hng33

20,011 posts

Posted by hng33 > 2017-09-08 19:25 | Report Abuse

Right issue at 30sen + free warrant, ex date on 20 sept.

freonsf

645 posts

Posted by freonsf > 2017-09-08 21:01 | Report Abuse

How much need to pay if I want to buy the right issue?

Tjaifc

135 posts

Posted by Tjaifc > 2017-09-08 22:16 | Report Abuse

14 right shares to 5 ord shares @0.30/right share..free wa....

Tjaifc

135 posts

Posted by Tjaifc > 2017-09-08 22:22 | Report Abuse

free wa...1:4 right share

smartly

6,430 posts

Posted by smartly > 2017-09-09 10:10 | Report Abuse

aiyo, right issue ah..... :(

signn

1,813 posts

Posted by signn > 2017-09-09 13:10 | Report Abuse

Right issues are always not a good thing no money and dilutive.

How much share price will go down hard to say.

Doesn't matter if rights are sane price or not with mother shares trading now.

They are issuing an additional 6bil shares extra from an existing 2bil now.

New total shares will be 8bil! About 3x! From existing

How much do u think the dilutive effects will make the share price fall? No wonder epf has sold 1.5mil shares

My 2 cents opinion. And be careful. All the best

leek

3,617 posts

Posted by leek > 2017-09-09 13:28 | Report Abuse

Why sad Smartly? This is the making of another Sapura Energy.... ;) ;)

smartly

6,430 posts

Posted by smartly > 2017-09-09 13:47 | Report Abuse

leek, this is like a mega right issue. sure people will dump first before anything happen. though i didn't own any but worry for the existing shareholders...

smartly

6,430 posts

Posted by smartly > 2017-09-09 13:49 | Report Abuse

so sad. almost every problematic companies raise fund e.g right issue, loan right, icps & etc...

smartly

6,430 posts

Posted by smartly > 2017-09-09 13:51 | Report Abuse

leek, let's sapu come monday. support the share price. :p

leek

3,617 posts

Posted by leek > 2017-09-09 14:05 | Report Abuse

I play for fun only la Smartly... look at MBSB and DRBHICOM.... all up 100% after their mega right issues... It will happen to MRCB and UMWOG govt link share....

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