KLSE (MYR): VELESTO (5243)
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Last Price
0.155
Today's Change
-0.01 (6.06%)
Day's Change
0.155 - 0.165
Trading Volume
45,638,700
Market Cap
1,273 Million
NOSH
8,216 Million
Avg Volume (4 weeks)
18,135,666
4 Weeks Range
0.145 - 0.165
4 Weeks Price Volatility (%)
52 Weeks Range
0.145 - 0.315
52 Weeks Price Volatility (%)
Previous Close
0.165
Open
0.165
Bid
0.155 x 59,595,400
Ask
0.16 x 11,937,900
Day's Range
0.155 - 0.165
Trading Volume
45,638,700
Latest Quarter | Ann. Date
30-Sep-2024 [#3] | 29-Nov-2024
Next QR | Est. Ann. Date
31-Dec-2024 | 27-Feb-2025
T4Q P/E | EY
5.81 | 17.22%
T4Q DY | Payout %
3.23% | 18.74%
T4Q NAPS | P/NAPS
0.28 | 0.55
T4Q NP Margin | ROE
15.19% | 9.49%
Sector: ENERGY
Sector: ENERGY
Subsector: ENERGY INFRASTRUCTURE, EQUIPMENT & SERVICES
Subsector: ENERGY INFRASTRUCTURE, EQUIPMENT & SERVICES
Description:
Velesto Energy Berhad, previously known as UMW Oil & Gas Corp Bhd, is a multinational provider of drilling and oilfield services for the upstream sector of the oil and gas industry.
This stock is undervalued. According to world streets journal the price should be 0.35 which is 50%+ undervalued.
4 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.
4 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
3 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
3 weeks ago
what i can say this stock nothing special everyday untung setiap tahun untung. tapi saham sentiasa jatuh
3 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.
3 weeks ago
PM will announce it soon, sources said...maybe during the 2025 budget presentation. Hopefully win-win situation for both parties.
3 weeks ago
Ada jerung tengah tunggu nak makan besar..
Bagi jatuh dulu...
lepas tuuuuuuuuuuuuuuuuuuu ngappppppppppp
3 weeks ago
BIMB Securities Research
Velesto Target price : 0.34
https://klse.i3investor.com/web/pricetarget/research/73934
3 weeks ago
Will be 15.5 sen for a long long time.
When Velesto profits increases, share price of Velesto decreases.😁
3 weeks ago
This pressing down of share price to buy 1 million shares a day seems to continue forever and ever.....
2 weeks ago
Velesto deserved 0.30 and above. Many institutions sell ready. Need PNB or other big guys to step in.
2 weeks 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%
2 weeks 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.
2 weeks 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.
2 weeks 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).
2 weeks ago
BOD just bought 1 million shares recently at 0.195. Insiders know better than us.
2 weeks ago
nampak sangat velesto syndicate operated. Holiday, only left retailer.
syndicate the one pressing the price down.
1 week ago
IB says very bright outlook for Oil and Gas
Translation => Velesto drop another 5 sen 🤣
1 week ago
IB just only sms me bright outlook for OnG seconds ago
So be very careful Velesto may drop again.....
1 week 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.
1 week ago
No worries. Baba Vanga predicted a rebound this time... all the way to 0.35 😅😄.
1 week ago
just curious if PNB really find someone to acquire their 54% shares,what will happen to velesto?
1 week ago
54% stake at current price is a steal for a counter that’s going to be net cash soon.
Considering there is actually a strong team of COO and CFO doing their job both operationally and financially.
Will be exciting Q3,25 onwards.
6 days ago
Macgyver111 what you really think? You think velesto can rebound to 0.30 or should i sell at 0.19 lol
3 days ago
Why bother asking?
those sold will say better run while u can…
Those just bought will say to the moon!
3 days ago
mavisdrac
Macgyver111 what you really think? You think velesto can rebound to 0.30 or should i sell at 0.19 lol
Haha! You asked a very sensitive question that no one dares to tell you exactly what is going to happen in the future 😂😀😃. Follow your own instinct; trade wisely.
3 days ago
Looks uptrend.
When Whales see people say uptrend, they will push down price by 5 sen.😁👍🤜
2 days ago
A look ahead to 2025 fossil fuel market price..
https://oilprice.com/Energy/Crude-Oil/A-look-Ahead-to-2025-in-Oil.html
1 day ago
Price depends on Naga’s Utilization.
If all naga’s contracted, earning potential 60-80M profit a quarter.
Now only 3 Nagas contracted, that’s why price tanked.
Tenderbook increased from 3B to 5B, so if COO is really good; then have chance to get all naga’s contracted.
0 Naga contracted, PN17. 3 Naga contracted, this price. If all 6 naga’s contracted, easily above 30sen.
All depends on Nagas getting job.
1 day ago
marlboroman2
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.
4 weeks ago