I just need 2 to 3 folds. I believe my target is achievable.

This time no joke the momentum is powerful, probably able to break 0.30.

In the long term, patience pays off in investing. This year or next year will be the peak for Armada.

Robert and Nick. I also believe thus wrote a lot of messages previously probably already sold off their position. I'm waiting for Armada`s PE15.

0.095 average price. :D

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https://oilprice.com/Energy/Energy-General/Offshore-Oil-And-Gas-Is-Back-Baby.html

"Now, the Wall Street Journal is reporting that rates could top $500,000 per day, up from about $400,000 at the moment, with offshore drilling picking up everywhere as demand shows no signs it is about to start declining, no matter what apocalyptic visions climate speakers try to paint."

Ya this QR, next QR and next next QR all gonna be good one. The Velesto dragon (Naga) is finally awaken from sleeping.

0.30 is near term target. The worst is over since the Naga 7 sank into the sea :D

Wow wow wow. Highest in 2 years. Congratulations to all!!

Tomorrow above 0.50. Entire industry is full of energy, back to the glory days in no time.

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10 consecutive profit record and all positive cash flow. Share price just can't break 0.60. People doesn't care about financial performance ?

Today at will close at 0.14 or above.

The contract signed with Petronas was an umbrella contract. Any operator (PSC) for example Hess, Exxon, Shell, Hibiscus who need Rig services in Malaysia water must use Velesto in priority. If Velesto not able to provide then operator allowed to look for alternative.

You guys waited this chance since a decade ago. Don't simply let go your stock with a peanut profits. Make sure you get a profit that able to last of another decade. Cheers! The worst is already over, it is a big wave for Oil and Gas counters from now onwards.

Affin Hwang said bad time already over, smooth sailing from 2H 2022 onward. 2023 will be a good turnaround year for Velesto.

https://www.klsescreener.com/v2/news/view/1042599

Finally U turned!! Up 23.5% today. Keep the momentum.

Got good news coming?

Based on rigs utilisation next quarter onward we expecting a V-sharp recovery patten. Hopefully the Velesto management don't fatt this up.

Hopefully this quarter lost already reflected in current share price. Next quarter if still not show positive recovery, I will cutoff this counter forever. I giving you guys last chance to all Velesto's management team.

ARMADA IS UNDERVALUED. Now trading at PE 3.82. If PE back to normal like PE15, EPS 10.87 X PE 15 = RM 1.63.

Fair value should be around RM1.60 for this company.

Quarterly report will announce today?

Congratulations to Bumi Armada. Another remarkable quarterly result. Total Debts dropped to 6.37b.

Quarter results will be out tomorrow or Monday. Good results will push the price over 0.40.

This is not a PN17 company.

Is 0.09 a no brainer price?
Lower than MCO 1.0 when oil price dropped to negative.

A lot of oppertunity at the Middle East, EU countries reducing Russian OnG and moving to Middle East. Go out of Malaysia!

https://www.infield.com/rigs/report-rig-day-rates

Premium jack up rig average daily rate already USD 168k per day. Why Velesto still below 100K? Directors tidur, go to international market don't just depending on sleeping PETRONAS!

Armada have potential to go beyond 1.00.

8 consecutive quarters of profit and positive cash flow. Valuation at 0.385 is unbelievable. I hope Armada drop further so that I able to collect a cheaper price.

Waiting for Petronas to rescue.

Fundamentalist told you don't buy.
Chartist told you don't buy.

Only Conspiracy Theorists and day dreamers keep buying.

Resume trading just to off load the tickets to retailers.

Stop dreaming!!

Stop dreaming. Wake up!

Thank you very much for thus who sold me Velesto at 0.105.

There are thousand reasons to save a bumiputera company but not a fraud company. This company need a reborn plan and retail investors not included in the plan. It will survive and running business as usual but without retail investors and maybe without Karim`s geng. There are other geng waiting to eat this fat meat.

Post removed.Why?

Post removed.Why?

9th May limit down to 0.05. Stop dreaming for miracle. Honda`s Power of dream doesn't work in share investment.

Hari Raya Green Packet kecil, 2 cents

@Macgyver11 where you get the 80% utilization data?

RM500K case 10 times penalty just RM5 million. Small amount only. Thus panic sold out must be banging wall now. Sudah kena cuci keluar.

Bon888

Is Velesto a PN17 company? Or going towards PN17 company? If not, what the hell you guys worry about, put all your free cash in and wait for the climax. Akan datang tapi lama sikit. Enjoy the journey OK.

Malaysia market easily to get 100% gain. Just be patient. This counter 100% gain is 1000% comkaolanfirm.

Coming soon

More analysts given good outlook for Bumi Armada. Moving up trend now.

Hi Kyle are you the one keep buying 1 small lot at 0.115? Lolz.

Just waiting for drilling job call out from the umbrella contract. Anytime soon. Anyone from Oil and Gas industry has latest news to share here?

Mr. Kyle your dad is wrong, today share price flat only.