VELESTO ENERGY BERHAD
KLSE (MYR): VELESTO (5243)
You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!
Last Price
0.18
Today's Change
-0.005 (2.70%)
Day's Change
0.175 - 0.185
Trading Volume
40,835,600
Changes
| Ann. Date | Date | Type | Name | Title | View |
|---|
Discussions
29 people like this. Showing 50 of 24,300 comments
Is Velesto paid in USD ? If so, won't its revenue get massively affected by RM appreciation ?
1 month ago
Management didnT used Forex gain / loss in recognising Net profit so you see little impact ( QoQ. But higher ringgit will surely low profit ( a certain extend only ) bcos Contracts are in US$---However if ringgit trend is strong
management can always hedge against spare parts ( drill Bits, piping and even salary in Thailand & Vietnam )
1 month ago
https://timesofindia.indiatimes.com/india/iran-israel-conflict-lufthansa-frankfurt-to-hyderabad-mumbai-flights-return-to-germany-swiss-says-india-flights-to-get-longer/articleshow/113861739.cms
Israel -iran conflict started...Brent might touch usd 80 again.
1 month ago
Oil jumps over $3 a barrel as Middle East conflict stokes supply worry
By Georgina Mccartney
October 4, 2024 3:14 AM GMT+8
Reuter
HOUSTON, Oct 3 (Reuters) - Oil prices surged on Thursday as concerns mounted that a widening regional conflict in the Middle East could disrupt global crude flows.
Brent crude futures settled up $3.72, or 5.03%, at $77.62 a barrel. U.S. West Texas Intermediate (WTI) crude futures settled up $3.61, or 5.15%, to $73.71.
Brent futures reached an intraday high of $77.89 per barrel, while WTI futures peaked at $73.97 per barrel, both hitting one-month highs.
1 month ago
Small investors won't be able to move the market. You need institutional investors/syndicates to drive up the market. We are just followers and sadly often the losers.
1 month ago
If you want strong oil price now then pray for full scale war in the Middle East but then only oil and may be plantation counters will go up while the rest will tumble.
1 month ago
Listening to news last 2 days, it looks almost sure Israel will strike Iran Oil Export terminals----Maybe next week
Oil will breach $ 80 +++ Iran will surely Hit Israel with 200++Ballistics Missile Again---My guess war
will not End so easily in 2024
1 month ago
It seems Vestrol contron price not to increase it, then better to reverse it to 5 cent
1 month ago
No worries. One major attack on Iran's oil production facility will change the O&G counters perspective forever for this year and the coming years. Iran is the 7th largest oil producer in the world (estimate 4.6 billion barrels per day).
1 month ago
Walaoeh, oil price spike up like mad !
Brent closed at=> $80.93 +2.88 +3.69 %
Heng ah, Ong ah, Huat ah !
1 month ago
Can't find HL numbers of shares held. I assumed that they already disposed of it. The latest I saw, KWAP joined in. Some signal that the big shark is showing interest now.
1 month ago
https://www.bloomberg.com/news/articles/2024-10-12/us-expects-israel-to-hit-iran-s-military-energy-sites-nbc-says
Latest news. If this materialize, then oil price will skyrocket 🚀🚀🚀
1 month ago
Israel has phosphorus bomb if they really want to burn down even metal pipings ( phosphorus bomb can
generate extreme Heat which will melt metal pipe --massive damage in making---I heard Israel PM say many
many times )
4 weeks ago
Velesto banyak fragile, oil price turun sikit dia jatuh mendadak. Oil price naik banyak dia jalan flat..banyak susah mahu predict ini velesto, tapi apa-apa boleh berlaku dalam stock market. Kena sabar je ler.
3 weeks ago
Torday, Velesto plotted a pair of Bottom Tweezers candle stick which signify trend will be reversed to ascend and make breakout resistance of RM0.25.
3 weeks ago
https://oilprice.com/Latest-Energy-News/World-News/Indonesia-Looks-to-Revive-Its-Oil-and-Gas-Industry.html
______________________
Velesto no longer has to depend on Petronas----I think Petronas will "lock-in " Velesto capacity in 2026--30
2 weeks ago
Indonesia population come very near 300mil ( Malaysia only 34mil ) Indon cannot afford EV within next 10yrs
so they have to depend on Oil extraction---Any Rigs movement from Malaysia water to Indonesia is fast and
cost much Less, ----much lower than said Thailand or Vietnam ( got monsoon weather )
2 weeks ago
https://www.upstreamonline.com/field-development/petronas-looking-to-build-on-its-thriving-business-offshore-indonesia/2-1-1727926
This will justify what SinGor mentioned earlier. Referring to this article, most probably, Velesto will divert their rigs to Indonesia off shore for an up-coming new contract, which is still under PETRONAS, but I guess PETRONAS will pay them much higher DCR...
2 weeks ago
https://www.thestar.com.my/business/business-news/2024/10/29/petronas-plans-significant-expansion-in-indonesia
JAKARTA: Malaysian national oil company Petroliam Nasional Bhd (PETRONAS) plans an “aggressive” expansion in Indonesia that will see it create a hub for its operations in East Java and invest in exploration in the country’s far-flung eastern regions, its Indonesia head says.
Indonesian President Prabowo Subianto’s government, which took office this month, has pledged to bolster energy development, aiming to reverse a decades-long decline in output by the former Organisation of the Petroleum Exporting Countries member.
2 weeks ago
As far as I know, Trump got mentioned that if he wins the election, USA will pull out of the Paris agreement.
6 days ago
3 assassins Capture by FBI who are suppose to KILL Trump before election are Hired by Iran ( revenge killing
bcos Trump ( US President then-- Order ) Iran General to be killed in a Drone strike )--Big Question on Monday,
Will Biden ask Israel to strike Iran next week bcos US policy is,-- USA can kill Iran General but Iran cannot kill
USA President ( not a fair world )
3 days ago
The potential merger between MISC and Bumi Armada is heating up. Petronas owns 51% of MISC's stake. Refer to the past news: PNB is willing to do the same if there is a good buyer. PNB also holds 13.25% of Bumi Armada shares. What's going to happen next, no one knows.
17 hours ago
Post a Comment
Featured Posts
Introducing MY's First IPO Fund for Sophisticated Investors!
New Update. Discover investment communities that resonate with your ideas
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
MQ Trading Signals
Time
Signal
Duration
Type
2024-11-12 16:55:00
EMA 5
5 Mins
SELL
2024-11-12 16:30:00
EMA 5
10 Mins
BUY
2024-11-12 16:30:00
MACD/RSI
10 Mins
BUY
2024-11-12 16:30:00
EMA 5
5 Mins
BUY
2024-11-12 16:10:00
EMA 5
10 Mins
SELL
Apps
Top Articles
2
4
bearisking
5
6
save malaysia!
7
HLBank Research Highlights
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
SinGor
https://oilprice.com/Latest-Energy-News/World-News/OPEC-Says-Phasing-Out-Oil-Is-Just-A-Fantasy.html
_______________________________________________
EU forcing others developing countries to go Green has suddenly losses All its teeth bcos BRICS suddenly
formed----BRICS are saying United Nations can kiss "my ass" on Climate policy. To pass ANY UN policy,
you need only EU and USA( total control ), now we have United BRICS council ( i coined this name ) controlling 59% of World trade
1 month ago