Added to YB: 2026-07-01
Pitch date: 2026-06-26
VELESTO.KL [bullish]
Velesto Energy Berhad
-3.64%
current return
Author Info
No bio for this author
Company Info
Velesto Energy Berhad, an investment holding company, engages in activities in the upstream sector of the oil and gas industry in Malaysia and internationally.
Market Cap
MYR 2.3B
Pitch Price
MYR 0.28
Price Target
N/A
Dividend
10.91%
EV/EBITDA
5.36
P/E
12.74
EV/Sales
2.58
Sector
Energy Equipment and Services
Category
value
Weird Shit Investing 2026 - Velesto Energy Berhad
VELESTO.KL: Malaysian offshore O&G driller, MYR2.73bn cap, deep-value contrarian play on out-of-favor cyclical sector. 5 high-quality jack-up rigs in SE Asia, debt-free, Petronas links. Dividend yield ~18.7% in 2026 (may halve 2027). Asia supply security tailwind; sector cheap, sentiment poor.
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