OK dun pun emotions in the discussion. Let the time telling us the truth.

A company that fully recovered from the storm, trying hard to minimize the debts, generated billion cash last year and hit record profit this year. I believe the market will give a fair value for Armada within the next 6 months. I'm talking about PE 15X.

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Hahaha someone's balls knocking each other now.

FPSO market leader SBM offshore building 6 FPSO at once. Give one new FPSO to Armada is good enough to send the price above 0.80.

https://www.upstreamonline.com/finance/building-six-large-fpsos-all-at-once-is-no-small-task-even-for-market-leader-sbm-offshore/2-1-1408676

To the moon !

Coming soon PE 15x.

correction is US$75 million (RM314 million) financing aid.

Uncle! when your age getting old you starting to worry about this worry about that.
Share market is a dangerous place for you Uncle! You better put all your money in FD.

Look at the management team's effort in Armada in the past few years, the turnaround from a company almost bankrupted to a profitable company now.

Don't forget AK saved the company from bankruptcy in 2019 with his personal loan to Armada almost RM 2 billion. How many listed company big bosses have did the same to rescue a company? Tony Fernandes?

He has the rights to privatize this company, he deserves it! I'm willing to sell back my shares to him, if he make this call!

This quarter confirm better than last one. Next quarter confirm better than this quarter. No need to worry.

Wow net gearing below 1.0.
Is 0.92 now!!!

Thanks Niki for the great summary!

This is the record profit since Armada was listed!

Congratulations to all Armada strong supporters!

Don't bang your balls, just re enter. The outlook is so optimistic why pancuk so early? Sell it when the situation turned bad ma.

Ignore thus old man keep worry about global oil price. It drop below USD 70 baru kita jual lah. Worry this worry that put money in FD better.

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Uncle today got pumping?

Tmrw show time!

Armada price really impacted by the deffer of Kraken drilling decision. Let's see this QR result and determine the next action.

Which bank stock that give you 200% gain over the last 6 months? Velesto has gained over 200% last 6 months.

Don't tell me long term, we all know Velesto is a goreng stock. You have to know when to go in and when to cabut. Jangan sangkut dalam.

This Maybank analyst is crazy. Sell at the Rigs then do what? Give the engineers VSS? This is the core business of the company.

Sell 1 or 2 diversify to another business maybe more reasonable.

Fuyoh dare to dream about RM4 per share. I`m realistic person, RM 0.40 I'm very happy already.

This week let you win lah Uncle. Next week I will be posting syndicates pumping messages here.

Perdana Petroleum just reported record profit since 2014. Now is a cyclically climax for Oil and Gas service industry. Just like Glove stocks and technology stocks during Covid period.

Uncle forget your syndicate and global oil price story, ride on the boat. This is once in a decade ride, don't miss the boat and don't forget to leave the boat at the right timing.

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Eh Uncle! Today volume so low, just about 10 million shares traded. Value about 6 million. Dump apa? You should consider grab some this week. Next week it going to fly.

More good news coming.

1. QR result cantik cantik.
2. New contract awards coming.
3. Daily charter rate going up.

You think the share price will go down? Don't cabut too early, wait for the climax!

The industry charter rate for an 80,000 barrels FPSO (Floating Production Storage and Offloading) vessel can vary depending on a number of factors such as location, contract duration, project complexity, and market conditions. However, as of my knowledge cutoff date of September 2021, industry estimates suggested charter rates in the range of $80,000 to $150,000 per day for FPSOs with a production capacity of 80,000 barrels per day. It's important to note that these rates are subject to change and may vary based on the factors mentioned above. This is ChatGPT`s answer.

The Cameia FPSO (Floating Production Storage and Offloading) vessel is owned by Eni and operates in Block 15/06 offshore Angola. The FPSO has a storage capacity of 2 million barrels of oil and a processing capacity of 115,000 barrels of oil per day and 100 million standard cubic feet of gas per day. The target production for the Cameia field is around 80,000 barrels of oil per day

One Cameia FPSO project win cukup makan already. Enough to push the share price beyond 0.80. Don't think too much and don't be greedy. Steady BOM BI BI OK!

Uncle! Armada steady bom bi bi!

PNB sold 16 million shares just a small portion of peanut s among PNB`s total 600 millions peanuts. Nothing to worry.

Datuk Ling bought RM0.153 per share on 28th Dec, Feb only make announcement. Celaka dia already making a lot of profits. He knew it going to North.

Pasti and Mantap!

Or Joint venture type.

Last year AGM the MD or CEO said moving forward Bumi Armada will bid for EPCC type of FPSO contracts. Meaning the FPSO project will be the oil company`s CAPEX. This will reduce the company risk and financial burden but the rewards is much lower than current business model. High risk high return, low risk low return.

Uncle and Auntie, Brent oil price trade above USD 86 !

Quater report in next 2 weeks time and new FPSO contract award announcement soon. Pump and dump or dump and pump, no problem at all because the price trend is moving to the moon! To the Moon!

Adjustment after a long rally is normal lah uncle. Nothing to worry. Now back to 0.60. Fundamental still solid and still undervalued, so nothing to worry.

Hey uncle! Rakuzen just normal Japanese food chain stores. Probably you have not tried Omekase before. Spend some dividend money on real good foods dun bring the money to the graveyard.

A guy wears a black thinking hat in share investment maybe able to avoid some rubbish companies but that black hat doesn't seem to be able to earn multiple folds of return.

They are many companies could have better return but I have confident that Armada will give me at least another 100% return in short term based on facts and information I have. I will consider high dividend stocks at my older age. I still young and I accumulating my wealth.

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Today's market is weak but Armada still going up. Something is behind this uptrend.

Armada if trading at PE 16X the theoretical price should be RM 1.73.

Current price is undervalued. I also believe the management already learnt from past mistakes. The debts ratio has improved a lot since last crisis. Now is a new chapter for Armada.

What happened to this guy bullmarket1628? Last time he posting Huat ah Walauehh messages everyday. He sold all his shares already?

This round uptrend with a strong momentum, not like previous short term goreng pattern. This could be a paradigm change for entire Oil and Gas services industry since almost a decade of downturn.

Past few days Oil price dropping but Armada share price still moving up. Could be upcoming quarter good financial results or new contract award soon?

Expecting new contract reward for Naga 2, 3 and 6 in Q1 2023 or Q2 2023. Keep goreng it, sampai crispy.

Based on status of Rigs below, expecting new contract awards in Q1 and Q2 2023. Each new contract will push up share price :D.

Status of rigs. All of Velesto’s rigs are currently chartered, as follows:

Naga 2 – Contracted Until 2Q2023.

Naga 3 – Contracted Until 1Q2023.

Naga 4 – contracted until 1Q2023, will undergo upgrade works after – till 2Q2023.

Naga 5 – Contracted Until Mid-2024 With This Job Win.

Naga 6 – Contracted Until 1Q2023 for Petronas Carigali.

Naga 8 – Contracted Until 1Q2024 for Carigali-Hess Operating Company.

I believe BA is the black horse of year 2023. Just need to wait for some good news.

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0.4+ not a dream at all. PNB fund manager`s responsibility to make this happen. So we just ride on the same boat.