Highlights
KLSE: VELESTO (5243)       VELESTO ENERGY BERHAD MAIN : Energy
Last Price Today's Change   Day's Range   Trading Volume
0.365   0.00 (0.00%)  0.00 - 0.00  0
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Overview

Market Cap: 2,999 Million
NOSH: 8,216 Million
Avg Volume (4 weeks):29,689,625
4 Weeks Range:0.365 - 0.395
4 Weeks Price Volatility (%):
92.41%
52 Weeks Range:0.165 - 0.41
52 Weeks Price Volatility (%):
89.02%
Average Price Target: 0.40
Price Target Upside/Downside: +0.035

Financial Highlight

Latest Quarter | Ann. Date 30-Sep-2019 [#3]  |  28-Nov-2019
Next QR | Est. Ann. Date: 31-Dec-2019  |  27-Feb-2020
T4Q P/E | EY: 79.41  |  1.26%
T4Q DY | Payout %: 0.00%  |  - %
T4Q NAPS | P/NAPS: 0.3458  |  1.06
T4Q NP Margin | ROE: 5.52%  |  1.33%

Headlines

Date Subject
09-Dec-2019 转盈路上依傍国油·VELESTO弃外攻内
05-Dec-2019 Velesto Energy - Naga Awakens
02-Dec-2019 Technical View - Velesto Energy Bhd (VELESTO, 5243)
02-Dec-2019 VELESTO ENERGY - Rising Rig Prospects Support Earnings Momentum
02-Dec-2019 VELESTO ENERGY - Prospects Are Jacked Up
29-Nov-2019 Velesto Energy - Light at the End of Tunnel
29-Nov-2019 [转贴] [VELESTO ENERGY BERHAD:美国页岩产量的增长预计将在2020年下降;该集团的七台自升式钻井平台已签订合同;预计将在今年年底完成SPS之后,Naga 3和Naga 7计划根据各自现有合同恢复工作] - James的股票投资James Share Investing
29-Nov-2019 PublicInvest Research Headlines - 29 Nov 2019
29-Nov-2019 Velesto Energy - Strong 3QFY19 driven by high rig utilisation
29-Nov-2019 Mplus Market Pulse - 29 Nov 2019
29-Nov-2019 Velesto Energy (BUY, Upgrade) -3Q19: Higher Rigs Utilization, HWU Small Profit
29-Nov-2019 Velesto Energy Berhad - Strong 3QFY19 Exceeds Expectation
29-Nov-2019 Velesto Energy Bhd - Almost Full Fleet Utilization in 3Q19
27-Nov-2019 Oil & Gas - Petronas’ capex rebounds despite lower earnings
27-Nov-2019 Oil & Gas - Petronas Posts Weaker 3QFY19 Results
08-Nov-2019 【视频】Velesto能源 前景亮眼目标价上修
07-Nov-2019 Evening Market Summary - 7 Nov 2019
06-Nov-2019 Evening Market Summary - 6 Nov 2019
06-Nov-2019 Velesto Energy - Naga 8 rising
06-Nov-2019 Velesto Energy - Rising DCR points to further recovery

Business Background

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.

The company's line of products and services include drilling and workover services for exploration, development, and production of wells in Malaysia and southeast Asia through several offshore drilling rigs and hydraulic workover units. 

Under the oilfield services segment, the company offers threading, inspection, and repair services for Oil Country Tubular Goods in various offshore markets.

Operating revenue is primarily derived from drilling services, which includes ownership and operation of several drilling rigs and hydraulic workover units, or HWUs. Rigs and HWUs are chartered through day-rate-based contracts.
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  23 people like this.
 
Rowie Possibly upward surprise
02/12/2019 8:12 AM
Sales Go! Go! Go! Last call!!!
02/12/2019 12:09 PM
lee_m2020 too slow... too much goreng2 by the sharks..
02/12/2019 12:10 PM
Sales Something is brewing????
02/12/2019 12:12 PM
yoyo slow slow up, not for those impatient
02/12/2019 12:35 PM
Smartinvestor2030 Worst seen over for O&G sector. But which one still cheap?
https://klse.i3investor.com/m/blog/thebesttips/242645.jsp
02/12/2019 1:25 PM
lee_m2020 Sold alot by AmanahRaya...
02/12/2019 4:09 PM
lee_m2020 did they IDSS?
02/12/2019 4:09 PM
Westeros Eventhough Amanah dispose so much Velesto still steady at 0.385 to 0.390....
02/12/2019 5:25 PM
Addy 70年一遇机会,影响你下半生富或贫(工业4.0)
https://www.youtube.com/watch?time_continue=126&v=X8ar3jPMPRo&feature=emb_logo
03/12/2019 10:54 AM
Lewis Lee All TP given by analysts 10-20% above present price of 0.39 ! Not even one with lower TP !!
what does that tell you ?? There is only one f*cking direction >>>>>> UP !!!!!
collect or sai lang now before it SHOOT UP to 0.50 !!!!
03/12/2019 11:56 AM
Lewis Lee I remember reading one write-up from our I3 investor site fundamental SI FU Mr K C Chong that amongst all big oil & gas companies, Velesto have the best management team in delivering business !!
Just to share with you all !!!
03/12/2019 11:58 AM
Lewis Lee Even another fundamental si fu James vide his facebook video, likes this counter the most !!
03/12/2019 12:00 PM
Mabel Absolutely..

To 50 with Loves..
03/12/2019 7:46 PM
DoomStock U.S. equities slid on Tuesday after President Donald Trump suggested he may want to delay a trade deal with China until after the 2020 presidential election.

Careful now, folks!
03/12/2019 10:40 PM
Mabel Meow!
04/12/2019 12:01 AM
Money122 Anytime will cross over 0.40 ...
04/12/2019 12:59 AM
lee_m2020 anytime up... idss only got 60 volumes left
04/12/2019 10:52 AM
DoomStock If additional tariffs by Trump on China are put in place on Dec. 15, then there will be another severe sell-off.

Careful now, folks!
04/12/2019 11:21 AM
DoomStock Fresh US tariffs on Argentina and Brazil as well as threatened duties on French goods also darkened the mood, as a trade war that appeared to be winding down a week ago now looks like ramping up.

Careful now, folks!
04/12/2019 11:29 AM
DoomStock Remember folks, the final month of 2018 was the worst December on Wall Street since the Great Depression.

No Santa Rally? Hmmmm..careful now, folks!
04/12/2019 3:51 PM
Lewis Lee Once you have decided to punt share market, then you need to be "careful" every second of trading hours.
Once you have decided to invest in share market with fundamental principles, you just ignore all those noices and only check the share price once a quarter or even once a year !
04/12/2019 5:10 PM
Westeros @LewisLee exactly...as such @Doomstock STFU and Piss off we are not kids here, we are sane enough to know where the money goes and whether +ve or -ve we are tuned to it already..we don't need you to remind us what we need to do every day...
04/12/2019 5:16 PM
Mabel Meow!
04/12/2019 6:05 PM
Mabel It seems the resistance is strong at 39..

We need to break this wall.
04/12/2019 7:30 PM
Mabel Budak2 bermain gasing
Bermain dgn anak Kak Mabel
Alang2 window dressing
Biar sampai tukar pagar stainless steel

Meow!
04/12/2019 8:03 PM
DoomStock Lol..Careful now, folks!
05/12/2019 10:51 AM
KEYBOARD ready lo...time to go
05/12/2019 1:25 PM
Woodswater Any sifu have related perisai awarded by Petronas regarding daily rates @ 100 k usd. I accidently deleted! Tq tq
05/12/2019 6:01 PM
SinGor DoomStock aka Kim Jong-un, shoot dummy missiles said got Nuclear Warhead
05/12/2019 6:50 PM
SinGor amanad no talk cock, just buy 120mil
05/12/2019 6:52 PM
DoomStock Lol...Keep in mind folks, the price is what you pay, and value is what you get...pay too high a price and returns are decimated.

Careful now, folks!
06/12/2019 10:19 AM
lee_m2020 irony, no idss today here...!! time to shoot up..
06/12/2019 11:13 AM
winmal price have been hovering around this level few weeks.
06/12/2019 11:18 AM
RMSB Run run run
06/12/2019 11:33 AM
flexibt IT's all about

EPF

&

Amanahraya



Nothing more.


THE END
06/12/2019 11:46 AM
Sales Woodswater, how come you're not in TDM forum?
06/12/2019 12:13 PM
lee_m2020 woww... idss coming back again...
06/12/2019 12:16 PM
lee_m2020 no hope.. this counter is like solely for epf and pnb
06/12/2019 12:17 PM
DoomStock Velesto shares have officially suffered a “correction” after raising from 0.165 (21/12/18) up to 0.41 on 7/11/19 in less than a year, folks. That more than 100% uptrend.

Now the lion has lost its roar. Careful now, folks!
06/12/2019 12:50 PM
JoshuaMS7 Run run run!! Seems drop getting serious!
06/12/2019 1:02 PM
yingkang87 Got project coming soon. Buaya purposely push down the price..
06/12/2019 8:23 PM
emzekwhy hopefully can reach .35 next week
07/12/2019 9:12 AM
Mabel https://www.google.com.sg/amp/s/mobile.reuters.com/article/amp/idUSKBN1Y90UK

Reuters: Oil producers led by Saudi Arabia and Russia agreed on Thursday to cut output by an extra 500,000 barrels a day in the first quarter of 2020.

Next week it will break 40..
07/12/2019 1:33 PM
500Bilis O&G counters have been on down trend. Now is Volesto’s turn. Not sure there will be a rally before Xmas or we really have to wait till CNY? Anyway, longer term investors should be a concern.

Cheers and Have a beautiful Sunday...
08/12/2019 10:59 AM
CHLEONG888 A bit slow this counter albeit with good profit, really hope next week will break 0.41, at least
08/12/2019 2:34 PM
500Bilis My bad, correction. Longer term investors should not be a concern...
08/12/2019 6:43 PM
DoomStock An extra cut of 500k barrels a day (total 1.7m barrels) is bad news for O&G industry for Y2020 as this will contribute to:

-A lower production & exploration from Petronas
-A lower sales volume of crude oil from Petronas
-A lower revenue & profit from Petronas
-A lower percentage of contract to be tender out by Petronas
-On the other end of the spectrum, U.S. shale oil production is growing at a furious pace and is expected to follow the trend into 2020.

So be extra careful now, folks!
09/12/2019 11:40 AM
CHLEONG888 Whai is going on?? With good profit, still dropping. What if making loss, slump like hell, hopefully just one day correction
09/12/2019 7:37 PM
m3379 Naga-3 payroll is on hold due to mechanical issue. The rig is in Singapore now for repair. No income yet need to pay yard charges.
09/12/2019 9:21 PM


 

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