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5243 VELESTO

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0.155
-0.005-3.13%

15min DelayTrading Mar 6 11:49 CST

1.27BMarket Cap6.20P/E (TTM)

VELESTO Stock Forum

Ultraboom

Mar 3 10:05

Bursa Q4 Earnings Summary And Reflection

Bursa just wrapped up its earnings season, >1000 companies have reported their earnings, and this might be the worst QR season I've experienced since I started investing in 2023, many companies experienced >10% with some even >30% dump since start of 2025. Those that reported good earnings didnt even see any bump, but rather get to keep their current price level. Bursa is currrently in a bear market, defensive picks tend to do well, as we can see below
Win...

104903960

Feb 27 05:47

Velesto Doubles Net Profit to RM207.7mil in FY24, Fuelled by Drilling Services

Velesto Energy Bhd's net profit doubled in the financial year 2024 (FY24), driven by strong performance in drilling services segment.
The net profit in the period surged to RM207.7 million from RM99.5 million a year ago.
Its revenue grew to RM1.36 billion, a 12 per cent increase from RM1.2 billion.
Velesto declared second interim dividend of one sen per share amounting to RM82.156 million that will be paid on May 23.
V...

103661690

Feb 21 03:09

$VELESTO (5243.MY)$ the biggest problem with this stock is that each increment or decrement in the stock price results in a substantial 2.8%~ ish gain or loss. It's too heavily traded for it to push past any resistance. It has attracted too many flies.... short term profit takers.