Waiting for Total Energies, Mubadala ?

Why attack when you can literally wait for it to collpase.
Im waiting for post Xi Jin Ping era.

@qqq3333

"thanks in part due to luck that Xi and Putin looks like a perfect fit. ....both equally smart."

Don't be too naive, no country would want a strong threat so close to them.

If CCP won, our sovereignty at South China Sea probably gone.
Will that trigger anti Chinese incident here in Malaysia?

Buy when the time is right
Sell when the time is right

Your money you decide

Those who have interest at China dare not to speak out the truth.
Unless they want to risk their assets at China being seized by CCP.

Private placement again ...
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3131145

The price at which each Conversion Share shall be issued upon
conversion of the Notes (“Conversion Price”) shall be:

(i) in respect of Tranche 1 Notes, 85% of the average closing price per
Share on any three (3) consecutive market days as selected by the
Noteholder(s) during the thirty (30) market days immediately
preceding the relevant conversion date on which SHIB Shares were
traded on the Main Market of Bursa Securities;

(ii) in respect of Tranche 2 Notes, 88% of the average closing price per
Share on any three (3) consecutive market days as selected by the
Noteholder(s) during the thirty (30) market days immediately
preceding the relevant conversion date on which SHIB Shares were
traded on Bursa Securities;

(iii) in respect of Tranche 3 Notes, 90% of the average closing price per
Share on any three (3) consecutive market days as selected by the
Noteholder(s) during the thirty (30) market days immediately
preceding the relevant conversion date on which SHIB Shares were
traded on Bursa Securities; and

provided always that the Conversion Price is not less than RM0.18,
being the minimum Conversion Price for the Notes (“Minimum
Conversion Price” or “MCP”). If the Conversion Price for each
Conversion Share calculated in accordance with the conditions (i) to (iii)
above is less than the Minimum Conversion Price, the Conversion Price
for each Conversion Share shall be equal to the Minimum Conversion
Price

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=95303&name=EA_GA_ATTACHMENTS

i3lurker are you going to short this counter again?
https://imgur.com/E6qsz9g

MM78 As you can see when Armada share price jump, the Mickey Mouse and the likes disppeared from this forum. Be confident of your own decision , just understand how the company perform and its financial management instead ; stop listening blindly to rumours.

Yup, Mickey Mouse disappeared. The same goes to InvestorKing since early this year. Only mikekim shows up.

This is a wonderful timing to offload, i offloaded all.
Hope the share price will keep on up up up ....

Aiya pang72, last year's Debt even higher, but u bought a lot too.

Raw material price goes up from average 140 around june to almost 200 as of today
https://www.investing.com/commodities/tocom-rubber-futures

Profit margin diluted for sure.

From commodity trading...

when most counters panic drop, why limit urself to armada?
Am holding cash now, waiting for good timing to buy.

Waiting for good timing to enter.

"You will notice something funny at 2000-2005"

2000 US Dot-com bubble
2001 Twin tower hit by hijacked plane

I believe those incident drag down our GDP per capita.

Probably because they produce ethyl alcohol, material to produce hand sanitizer.

But the huge demand for ethyl alcohol won't reflect in coming's quarterly report.

IDSS = Intraday Short Selling.
All sell positions must be closed off with buy positions within the same trading day.

https://www.enquest.com/media/press-releases/article/operations-update-4
"Average gross production in the ten months to the end of October was 34,286 Bopd"

Jan to End of Oct
34286 * 10 * 30 = 10285800

https://www.enquest.com/media/press-releases/article/operations-update-5
"Average gross production in 2019 was 35,704 Bopd"

Jan to End of Dec
35704 * 12 * 30 = 12853440

Nov - Dec
12853440 - 10285800 = 2567640
Average = 2567640 / ( 2 * 30 ) = 42794 bopd

Average for Nov and Dec 42794 bopd

@spinninglotus

"Then why would the sharks sell down to 40 cents? "

Simple, operator like EPF want to collect cheap.
Me too add some today at 0.41

Adding some at 0.41...

Australia Supreme Court Listings for 24 January 2020 ( BA Claire case )

Judgment SC
2:00pm ARMADA BALNAVES PTE.LTD. v WOODSIDE ENERGY JULIMAR PTY LTD CIV 1408 2016 3 - 36

https://ecourts.justice.wa.gov.au/eCourtsPortal/CourtListings/TodaysCourtListings

I believe once Armada declare dividen, EPF will buy back.

Oh Iran Iran, please block Strait of Hormuz.

Oh Iran Iran, please block Strait of Hormuz.

rr88 95% of active retail traders do lose money not only here but worldwide.

Who know Paktua pang72 mabel n the gang are the 5%

i3lurker, you not nice IK still waiting for you to short so he can buy.
https://imgur.com/E6qsz9g

i3lurker, wow you short 20,000 shares
https://imgur.com/4CFIYzJ

Correction is good, operator also not stupid keep on buying let u all earn. Anyway, im still holding mine.

Like armada me dumb dumb hold Jtiasa.

Cpo looks good, tempting to add more next week

2.61 EPS

i3lurker some say as much as USD10 Billion left Hong Kong

now is the best time to buy Hong Kong shares

you may not get this low again.

Ya, by then China already fully open to the world. You still want to invest your money via proxy?

Oh not to mentioned, currently HKD still pegged to USD. Not sure by then HK still can maintain the currency peg with USD.

You might earn from share but lose from currency exchange.

Correct me if I'm wrong.

@Robert

I get the first 4 month bopd from here
https://www.enquest.com/media/press-releases/article/operations-update-3

Kraken section
"averaging in excess of 33,000 Bopd (gross) in March and April, up materially on the first two months of the year (c.23,000 Bopd (gross))"

Jan & Feb 23000 * 2 * 30 = 1380000
Mar & Apr 33000 * 2 * 30 = 1980000
Total 3360000

https://www.enquest.com/media/press-releases/article/operations-update-4
"Average gross production in the ten months to the end of October was 34,286 Bopd"

Jan to Oct
34286 * 10 * 30 = 10285800

May to Oct
10285800 - 3360000 = 6925800
Average = 6925800 / ( 6 * 30 ) = 38476bopd

Am my calculation correct?

i3lurker funds transfer to Hong Kong
giant vacuum in effect
vacuum all funds globally for transfer to Hong Kong

so expect maintain or drop a little bit
22/11/2019 9:23 AM

Bankers Say Hong Kong's Rich Are Planning Escape Routes for Their Cash
https://www.bloomberg.com/news/articles/2019-11-21/bankers-say-hong-kong-s-rich-are-ensuring-their-cash-can-escape?srnd=premium-asia

Bro u sure u want to transfer your fund to HK?

@Robert
34k bopd is not very good
What about an average of 38.5k bopd from May till end of October?

Quarterly report release today?

@sychan don’t get agitated so easily, all we can do is wish apanama can make big money is sapura. Oh ya hopefully Sapura’s CEO won’t quit his position forever. Good luck apanama.

im still holding mine. It’s normal speculators get panic as most of them didn’t study and research before buy. And those who short today will buy back, why worry.

@Emil, Debts is good when interest rate reduced. Most of Armada's borrowing are in USD, and FOMC already cut rates twice ( total 50 basis point ). Probably another rate cut coming's November.

dumb dumb hold ... almost 100% ^^

If you smarter than KYY, he is definitely your friend.
If KYY smarter than you, then definitely he is your enemy.

I believe once Facebook, Twitter, Google, Youtube and etc can freely access in China.
There won't be any so called "protectionism"

http://sinchew.com.my/node/1683272/双11旺季将至%EF%BC%8E中国电商陷纸箱缺货大危机

http://sinchew.com.my/node/1683272/双11旺季将至%EF%BC%8E中国电商陷纸箱缺货大危机

http://www.federalgazette.agc.gov.my/outputp/pub_20170413_P.U.%20(B)%20191.pdf

The question is whether bank willing to fork out money to replace those crm as the market is quite uncertain.

Sold all today, scared of Greece default and exit from Euro...

1.70 ^^