Armada can’t get out of its own way.

DNex and several GLC type organisations are just useless and cannot focus on what they are meant to do as these fellows who run them are placed in there through networking/political influence or family ties. There are quality bumiputra professionals out there but they do not have connections and therefore lose out to these clowns.

This CEO is not up to it like most in GLCs who are there for other reasons

CEO should focus on maximising shareholder value and not dabble in politics/ religion. This guy is a failure.

dropkicks need to provide forward guidance Bursa ought to take note

big boys have their trucks backed up to unload ...

exhausted investors dumping

Point taken

These asses had better get their act together to replenish loss revenue and none of this green mumbo jumbo that would need huge lead times

Armada is a hard slog

Orlando! obviously you have come down with the last wash

so now it heads up

quite right

Gerard I sold out of this sh.t hole a year ago having considered them two timing partner. Yet these clowns are meant to be religious. how on earth do they ever sleep at night

this bunch just not up to the mark. all talk and just cannot execute

Nepo it is about net present value...

Calvin and his delusion of grandeur

Calvin and his crap

Thanks Hisham for Section 11 progress video

Long last

All quiet on the western front

keep it up pal

hopefully there aren’t many here ignorant of valuation methods but there are few standouts

soon enough the state govt will be roped in for soft loans and the gravy train of dubious practices perpetuates...something is rotten in the state of Perak.

all this nonsense is a top down money making expedition..how many highways? Pj Link forgotten for now, Sg Klang link ...god help us!! In case of WCE, it is as old as the hills ( been in it for as long as I can remember! Talam, Keuro etc) and it just dragged on when good old Chan Ah Chye and his shenanigans got in the way; till IJM came to the rescue. WCE is a game changer ( unless tolls are impacted)and any soul with any investment sense would just have to be a patient investor to see the returns just as we did with Litrak, Timedotcom and the list goes on and on. Do your NPV calcs or IRR with broad assumptions and if you can't manage that just check out Choivo who has done a remarkable estimate or look at RAM. If you cant figure this out good night Vienna. Loads of Johnny come latelies had better brush up on numbers before throwing their money and then again it can all come to nought if any untoward happens. Nothing ventured nothing gained!

not all that bad

Southbound WISE users can bypass the Menora Tunnel and also connect to the WCE (pictured)

Traders have had a field few months with Armada

Trust Indian Parliamentarians. They shoud do what China does; firing squad or he has no faith in ONGC from past experience then the later should be flayed. All this at taxpayers' expense, lousy bunch

section 1 & 2 appear on target March 2024 while section 3( land problems) in 2025

Above all true but competence comes into question and market aint impressed as it has one of the highest net short selling position

Another major off project factor perhaps to prime execution maybe handouts just as in bolehland

Armada scrapes the barrel for partners

plagued with problems

wonder when do we stop holding our noses

ONGC's/contractors just cannot seem to execute

market wants to "see" first oil before its eyes ...says much of ONGC's promises

This Mike chappie sold our earlier and moved into YTL Power wonder why

Bumi Armada scrapes the barrel for partners

Armada has a high net short selling postion

TINA if PLUS gets into trouble heading north

Those old enough to know Time.com and understand cashflow would know this is a winner. It is all about positve cashflow and no extra funding than provided for

What a slog

so many irons in the fire and yet not much value seems to be accruing

The CEO ought to be removed. Look at Broadcom, SIA and more led by able ex Malaysian CEOs and in KLSE we have dummies running monopolies and yet perfom badly. Sack the lot.

shares are now like confetti

your pointers are reassuring cheers Nikicheong

What a shame to leave it to this type of management that is not challenged by meritrocracy as we end up with good assets made mediocre. Seen this before when greed causes the amassing of assets with debt and then figure out financing the interest or just call in more equity placement. Whole load of crap mentality.

CyrusQ ... MAA is another crap outfit

Take your chances with the German. Just look at Melewar.. I had MAA too. Take your chances with the German rather than having the same old same old from mgmt. Promises in the 80s ( MAA) and what has it done squat!" MCap 87 mil