VELESTO ENERGY BERHAD
KLSE (MYR): VELESTO (5243)
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Last Price
0.155
Today's Change
+0.005 (3.33%)
Day's Change
0.145 - 0.155
Trading Volume
20,096,800
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Discussions
29 people like this. Showing 50 of 24,447 comments
I see this counter falling to next support 0.13 , am not saying this definite but thats what i think
3 weeks ago
If Velesto able to secure regional contract like Thailand and Vietnam, the IB will change their story.
3 weeks ago
Important thing is naga 5 get contract in Jan, naga 3 get contract in mac and naga 8 on June.
2 weeks ago
Huge volume coming in. Hahahaha PNB playing this kind of tricks, press down and push it up.
Follow the wave and enjoy the ride!!
2 weeks ago
I think TA is one of the lousy research centers. They did not fully digest the true story. Naga 8 was not suspended due to Velesto client cancelling the order. Actual Naga 8 completed drilling work in advance, or, in a simple form of words, we can say they completed it before the actual due/agreement date. The contract for Naga 8 was issued on 1st November 2023, and the commencing date is on 19 April 2024 until 18 October 2025 (1 year 6 months), but the Naga 8 crew completed the extraction work within 8 months. That means they are already 11 months ahead. This will give an opportunity to send Naga 8 for a special SPS survey. The contract amount is USD 74 million. They will receive the same amount even if they drag it until 18 October 2025...which is better, to complete the job quickly with efficiency and receive the full payment or drag the drilling job slowly, whereby it will swallow their operation cost?
I don't know how TA does the analysis... shop lot IB.
2 weeks ago
Morgan Stanley Raises Brent Oil Forecast for Late 2025 After OPEC+ Move https://oilprice.com/Energy/Energy-General/Morgan-Stanley-Raises-Brent-Oil-Forecast-for-Late-2025-After-OPEC-Move.html
2 weeks ago
This counter only hope is for year end window dressing (if any is coming at all) apart from this no other short term foreseeable cataylst.
2 weeks ago
This stock is undervalued. According to world streets journal the price should be 0.35 which is 50%+ undervalued.
2 weeks ago
https://www.thestar.com.my/business/business-news/2024/12/09/improved-earnings-visibility-forecast-for-velesto
Very rare Maybank gives credit to Velesto.
2 weeks ago
Velesto please go out of Malaysia water. See that dayrate your air liur keluar tak??
Shallow-water driller Borr Drilling has secured a handsome dayrate with a new contract in West Africa for one of its jack-up drilling units.
The 2011-built jack-up Norve will go on contract at about $181,250 for a 320-day
2 weeks ago
All this over valuation sounds good on paper. If you extend the graph it gives either 0.05 per share and some say even 0.005 per share
2 weeks ago
what i can say this stock nothing special everyday untung setiap tahun untung. tapi saham sentiasa jatuh
2 weeks ago
Sarawak premier Abang Johari Openg has revealed that a solution has been reached over the dispute between Sarawak and Petronas over the rights to oil and gas (O&G) resources in and around the state, with Prime Minister Anwar Ibrahim set to announce it soon.
2 weeks ago
PM will announce it soon, sources said...maybe during the 2025 budget presentation. Hopefully win-win situation for both parties.
2 weeks ago
Ada jerung tengah tunggu nak makan besar..
Bagi jatuh dulu...
lepas tuuuuuuuuuuuuuuuuuuu ngappppppppppp
2 weeks ago
BIMB Securities Research
Velesto Target price : 0.34
https://klse.i3investor.com/web/pricetarget/research/73934
1 week ago
Will be 15.5 sen for a long long time.
When Velesto profits increases, share price of Velesto decreases.😁
1 week ago
This pressing down of share price to buy 1 million shares a day seems to continue forever and ever.....
1 week ago
Velesto deserved 0.30 and above. Many institutions sell ready. Need PNB or other big guys to step in.
1 week ago
Don't be greedy for few thousands, later you will lose double of it.
Velesto will ends up like Serbadk.
From 4.00 down to 0.15 (drop more than 1,000%), if the company don't have MAJOR crisis, it wouldn't drop more than 1,000%
3 days ago
They flushing out all the foreign investors before local institutions join in... I guess. Nothing wrong with the company. Don't compare Serba with Velesto. Serba is facing accounts fraud charges, and PNB is not an owner of Serba.
3 days ago
Company cash flow is healthy, and a favourable order book is in hand... How can it go bankrupt? Unless you have evidence to support your theory, I would like to hear that too.
3 days ago
I know you guys are frustrated, but just think practically: PNB, as a major owner or shareholder, do you think they want this company to go bankrupt? They will lose everything. If PNB really wants to exit, the only choice is either to hand over to a new owner like what they did to UMW Toyota (sell to Sime Darby) or they privatise it (like Bplant).
3 days ago
BOD just bought 1 million shares recently at 0.195. Insiders know better than us.
3 days ago
nampak sangat velesto syndicate operated. Holiday, only left retailer.
syndicate the one pressing the price down.
11 hours ago
IB says very bright outlook for Oil and Gas
Translation => Velesto drop another 5 sen 🤣
11 hours ago
IB just only sms me bright outlook for OnG seconds ago
So be very careful Velesto may drop again.....
11 hours ago
Yeah everyone dont buy ya. Wait Balian de Ibelin buy at the price he wants first then only u can buy.
Sot sot one.
10 hours ago
No worries. Baba Vanga predicted a rebound this time... all the way to 0.35 😅😄.
9 hours ago
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Macgyver111
Mavisdrac, the below article might give you some clue either to buy or not. Happy trading.
https://www.thestar.com.my/business/business-news/2024/12/04/correction-in-og-counters-presents-buying-opportunity
3 weeks ago