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...
$VELESTO (5243.MY)$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.
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Just eat 1-2 bites and then leave. It's best to eat it back and forth. This should not be left for a long time. I don't understand when in any year or month. Every time it's like a loud cannon.
$FTSE Bursa Malaysia KLCI Index (.KLSE.MY)$had a decent rebound back towards the 1572 points region with an overall positive market sentiment as our overall market started to rebound today from the huge selling activities last week. Daily trading volume however remains around the 2.9 billion mark for now. Main stocks that showed strong buying momentum would be the likes of VELESTO, MYEG, GAMUDA, GENETEC, GIALOG, SIMEPROP, SNS, SALUTE, JCY, VANZO, UEMS...
VELESTO Stock Forum
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...
Cashed out with a 25% gain after a 2 months of holding.
Main stocks that showed strong buying momentum would be the likes of VELESTO, MYEG, GAMUDA, GENETEC, GIALOG, SIMEPROP, SNS, SALUTE, JCY, VANZO, UEMS...
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