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This quarter results actually not bad. Cash flow from operating activities RM 200 million. Cash is flowing in this is different from Serbak got profit no cashflow.

Wow secured new contract worth RM 1.4 billion. Wtf PN17 company could get billions job 🤑🤑

I`m not accounting background people, I don't give a fxck to FRS guidelines. As investor, it is good enough if I'm able to read P&L, BS and cash flow statement.

FRS guidelines leave it to shoplot auditor.

I not sailang. I still have property investments. Most of my investment is in properties.

My biggest ever share investment is in Armada. If Armada hit RM 1.00 and above, I may consider early retirement.

Good closing💪💪💪
Continue moving up next Friday.

Guys a jackpot waiting for us in 3 to 5 years time. That 2 billion barrels of oil waiting for Armada to dig it out from the kalimatan sea.

I hope Taikor growing organically. After the stocked up gloves during Covid consumed, the demand will be back to normal and ASP will be profitable.

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这样才会吓跑像你这样胆小的散户。对吗？嗨哟!

Posted by YEOHCH > 1 minute ago | Report Abuse

个人觉得现在手套股只剩下投机价值罢了，投资价值已经落后大市了！季度报告推迟发布，根据以往经验，很大概率亏损是扩大了，延迟发布有可能是为了给大户或市场一个撤退信号。

Johnchew said you are a suay 🐍. Maybe you redeem your FD now and move back to your Insas. Don't mempersuaykan Taikor leh.

This I3licker bad mouth all bursa counter forums in IE except his 6% dividend Maybank. Told him buy Armada easily get 20% 30% return he starbun ma.

Posted by randy793 > 11 minutes ago | Report Abuse

Felix, who is i3lurker? why he so lcly?

Why you guys hoping for deadly disease ? Can't just wait for the gloves demand recover naturally.

RM 1.00 is not a dream at all, this is a low target actually. It is undervalued, with good news keep flowing in it is time to show the market who is the real taikor in Malaysia oil and gas industry (don't count Petronas lah, that is the only S&P 500 in Malaysia).

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A company with 4 to 6 billion revenue each year. 15 billion is Sap Sap water. If there no is anaconda within the company, this is just a peace of cake. Kill that anaconda first.

May the Force be with you to all Sapura investors and speculators.

I'm speculator here. I tell you terang terang. When the price hit my target I sell it.

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I3licker another 0.03 to 60 cent.

If you listen to me bought Armada at 0.45, you should already have 26.7% paper gain by now but you starbun everyday asking is 60 cent already. Keep on your starbun lah, you won't make any money in share investment.

Posted by i3lurker > 1 month ago | Report Abuse

its 60 sen already?

Please sapu all free tickets in the market before AK think about privatization. This hidden gems is a jackpot.

If the price continue this low, it is a good opportunity for AK to privatize BA at lost cost.

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MIDF said BA needs minimum 3 years to see the Akia results. It is still early but the return is a jackpot. Don't wait until first oil only put in your bets. It will be very expensive by then.

Engine started, full steam ahead!!!

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Converting to upstream oil and gas player profit sharing based on production output. ✌✌✌

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I bought a lot at 0.525, after Niki posted the Indonesia Akia block awarded to Armada unit. Average up for me.

RM0.55 a share invest in an upstream oil company has rights to dig an oil block with oil reserve more than MYR 644 billion. 抵到烂。

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Very geng leh

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This is a very good business model. Previously BA borrow huge amount of money build the ship, starts collecting charted fees after first oil production. Contract could be cancelled by oil company. Huge risk but fixed return.

This new business model, still borrow money to build the FPSO but after the first oil profit sharing the oil production output as the PSC contract owner. The return is higher but with lower risk.

Income take care your wife first. You check your head wearing green hat or not.

🙋 I'm in already. Cost 0.19

This is a hidden gems ladies and gentlemen. Grab your tickets before it break above MYR 1.00.

Now Armada is officially an upstream Oil and Gas Company. Similar to Petronas and Hibiscus.

If double limit up I also will sell first 🤣🤣🤣

Armada market value just MYR 3.2 Billion. Now own 51% of a gold mine could produce MYR 644 billion or more worth of Oil. Now they are working on `fast track development` to dig the oil as soon as possible.

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Najib said Sapura subsidiary, Sapura OMV, owned oil and gas reserves of 264 million barrels with a gross value of RM110.8 billion.

You sendiri kira that 2 billion barrels potential value how much.

The Akia located off the coast of North Kalimantan is an exploration block with an estimated resource of 2 billion barrels of oil and 9 trillion cubic feet of gas.

2 billion barrels of oil reserve!!!!!!😘😘😘

Tmrw morning limit up I3licker. Remember to buy seller queue first thing in the morning I3licker. This is a damn good news.

Bumi Armada与印尼能源部签生产共享合约 | https://www.klsescreener.com/v2/news/view/1207571

Indonesia Akia PSC contract is on news now. Armada transformation from Oil and Gas service provider to an Upstream Oil and Gas producer. ✌✌✌✌✌https://theedgemalaysia.com/node/683791

Now closing the price gap since the last Kraken shut in. Be patient.

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