VELESTO ENERGY BERHAD

KLSE (MYR): VELESTO (5243)

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Last Price

0.255

Today's Change

+0.005 (2.00%)

Day's Change

0.25 - 0.26

Trading Volume

60,979,700

Date Old New View
Discussions
26 people like this. Showing 50 of 23,056 comments

faizalanuar

if goes by TA also, with current momentum will take 1 or 2 weeks to see it break..lets see if my reading is right🤔

1 week ago

Macgyver111

Got burning smell lah..very sorry for those who sell earlier and eagerly waiting for cheap ticket...😄

1 week ago

Macgyver111

All the way to 0.30c...2019 rally returned.

1 week ago

Lewis Lee

https://www.youtube.com/watch?v=JAb_PI9yjaA at "5:20"
technical analysis by a Chinese speaking youtuber ... if you understand chinese then watch it , if not ,
translation :-
basically he thinks "very-slow" has a great chance to PECUT liao !!!!

1 week ago

bullrun168

Oil price continue it’s bull run
Brent $94.43 +0.50 +0.53 %

1 week ago

Nickhii90

finally big elephant is moving

1 week ago

Eric Lim

because i sold all, kns

1 week ago

SinGor

raising Tide Lift All Boats ( as they said ) Huge Elephant is just a Dot in open sea

1 week ago

bullrun168

Horrey, Super damn hot Velesto today ! 

Now Velesto already at
0.275 (+0.015) (+5.8 %)

1 week ago

Nickhii90

o&g counters all back to lives..go go go..

1 week ago

specializedvenge

Sold 20% on hand justnow
Time to buy new bicycle.
Waiting to break 0.30😀

1 week ago

supersim

christmas coming... i buy in at 0.10 waited 3 years for this moment

1 week ago

Macgyver111

specializedvenge

Sold 20% on hand justnow
Time to buy new bicycle.
Waiting to break 0.30😀

I thought you going to buy Benz or BMW ...untung banyak mah...bicycle kah 😂

1 week ago

specializedvenge

Bro now bicycle cincai 10-20k 🤣

steadily growing up price...worth holding to see how far it goes

1 week ago

EAGLE

walao moving steady. Short term players come on buy buy buy before too late

1 week ago

midswing

285 break 300 coming. steady velesto.. been weeks not coming to this chat. off chart for weeks and comeback with flying candle..

1 week ago

Macgyver111

Don't worry bro..sap sap TP 38c to 40c. Just keep monitor brent price enough ready.

1 week ago

Macgyver111

Malaysia Tapis crude oil already hit usd 100/barrels. Expected DCR increase also.

1 week ago

Lewis Lee

https://www.klsescreener.com/v2/news/view/1204305

TA up TP to 0.33 !!
Huat liao lah !!!

1 week ago

serpent100

Haizz…0.265 only

1 week ago

specializedvenge

Later ada Bankers come out saying : due to increase of operation cost, we maintain tp of 0.19 😁

1 week ago

Lewis Lee

If price touch 0.30 , most Fatt king stool pick analysts will raise up TP to 40cts

1 week ago

royalinvestor

😊😉

1 week ago

Vincent8864

Could break 0.30? Oil and Gas theme is confirmed. Very soon everyone talk about Oil and Gas counters, the price will be skyrocketed!

1 week ago

royalinvestor

Road to 30cts++
"" SIMPLY WALL.st Analysis ""
- Current position VELE far below Fair Value about 43%++
- Earning and forecast to grow 36%++
- Became profitable this year
- No risks detected
"" TA SECURITIES "
- Upgrade the Target price for VELE to 33cts

1 week ago

SinGor

aiyaa, people GOT share always hope next upgrade.....30---40---70sens....70sens is major upside for RM1.00
Same like TopGlove, At RM4.00 Bankers Up-Grade to RM130.00----you Blow meh

1 week ago

rizal2020

Say good became good lorr ...
Somemore Vele show positif trend and having bilion of book order till 2025 mehh

1 week ago

aireez

lai lai ... coming down mood coming
q to collect weii
heheheheeeeee

6 days ago

sheep

you buy you die...tp 0.19 only wakaka

6 days ago

matg

shd sell yesterday at 27 and buy again on next support

6 days ago

aireez

sheep
you buy you die...tp 0.19 only wakaka

Those sell going to die hard lorrr
later bounce back more higher 275 ~ 280
hahahahahahahaaa 😂🤣😂

6 days ago

aireez

Minor correction to get lower average lorrr ....

6 days ago

aireez

Excelent QR less than 10 days aways ... everyone willing to be in VELE boat lorrr

6 days ago

Macgyver111

Oil bounced back. All the way to usd 100. Very good for DCR.

6 days ago

Macgyver111

I don't see any reason vele drop back to 0.19c unless crude oil crash below usd 50/barrel like before during covid. Nov another good profitable qtr coming. Just my 2c.

6 days ago

Macgyver111

Epf, Amanah/pnb gang board in after vele break 0.30 in 2019...history could repeat again, my strong guess. Once this guys join in price easily can blow to 0.40c. Let see still too earlier.

6 days ago

Macgyver111

Standard Chartered estimates that global oil markets are facing a 3 million barrels per day deficit.

5 days ago

Lewis Lee

very slow again.... haiz 😴

5 days ago

Epseps

Yes. Very slooooow intead. Shouted for rm .30 for almost a year good QR n Good book order yet didn't move much. Really testing our patient.

5 days ago

serpent100

Actually wat happen for this stock…very disappointed

5 days ago

Macgyver111

I know you guy's frustration. I feel the same way but what to do, stock market doesn't
react to our feelings. Just hold for few more months till 3rd qtr or until end of the year. I strongly believed we will reap the benefit...sabar.

3 days ago

Macgyver111

Goldman Sachs raised crude oil price usd100 barrel end of the year. The interesting part is JP Morgan give target usd 150 in year 2026. It simply mean that oil price will gradually go up 2024,2025 and 2026...and also mean that oil price will stay elevated above 100usd for 3 consecutive years. Higher DCR rate for 3 years, maybe above usd100...great news. They might change their opinions but as for now this what their statement.

3 days ago

SinGor

Transition period is always very Chaotic bet. Oil and Green Tech......That is reason nobody wants commission
NEW Rigs

3 days ago

bullrun168

JPMorgan Analyst Sees Energy Supercycle With Oil As High As $150
By Julianne Geiger - Sep 22, 2023, 4:30 PM CDT
https://oilprice.com/Latest-Energy-News/World-News/JPMorgan-Analyst-Sees-Energy-Supercycle-With-Oil-As-High-As-150.html

JPMorgan’s head of EMEA energy equity research, Christyan Malek, warned markets on Friday that the recent Brent price surge could continue upwards to $150 per barrel by 2026, according to a new research report.
Several catalysts went into the $150 price warning, including capacity shocks, an energy supercycle—and of course, efforts to push the world further away from fossil fuels.
Most recently, crude oil prices have surged on the back of OPEC+ production cuts, mostly led by Saudi Arabia who almost singlehanded took 1 million bpd out of the market, followed by a fuel export ban from Russia. Increased crude demand paired up with the supply restrictions, boosting crude oil prices and contributing to rising consumer prices.

Brent prices were trading around $93.55 on Friday afternoon, but Malek expects Brent prices between $90 and $110 next year, and even higher in 2025.
“Put your seatbelts on. It’s going to be a very volatile supercycle,” Malek told Bloomberg on Friday, as the analyst warned about OPEC’s production cuts and a lack of investment in new oil production.
JPMorgan said in February this year that Oil prices were unlikely to reach $100 per barrel this year unless there was some major geopolitical event that rattled markets, warning that OPEC+ could add in as much as 400,000 bpd to global supplies, with Russia’s oil exports potentially recovering by the middle of this year. At the time, JPMorgan was estimating 770,000 bpd in demand growth from China—less than what the IEA and OPEC were estimating.
JPMorgan now sees the global supply and demand imbalance at 1.1 million bpd in 2025, but growing to a 7.1 million bpd deficit in 2030 as robust demand continues to butt up against limited supply.
By Julianne Geiger for Oilprice.com

2 days ago

faizalanuar

really shud have sell at .27 it gonna test .24 again...haiiizzzzz

1 day ago

Lewis Lee

Got stuck with this "Very Slow" for ages & now want to cry also no tears !!! 😭😭

1 day ago

specializedvenge

Wtf again.
Buy or sell at 0.25 both like no point.

1 day ago

Macgyver111

Haizzz! I thought going to test 0.23c, tak jadi ke? Test 0.26 pulakk rugi jual..😆

15 hours ago

specializedvenge

Usd / myr new high. Maybe Thats good news for veleslow.
But definitely not good for malaysian.

13 hours ago

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