Strattegist suddenly so optimistic no more down, red, pegun, lembik...hahaha. The good results changed his view.

@Dickyme are you dreaming of 20 sen? Well you wait Covid22 or Covid23 come. You better all in gloves now.

Everyone looking at Oil Price but Armada core earnings are fixed contracts for very long term. Armada earning USD and paying debts in USD.

Wow interest cost dropped 23%! Fantastic!

Bro! best time to collect was few weeks ago when price around 0.39 0.40. Now ship start sailing north again.. Bon voyage !!!

Big guys coming eating up the shares. Congratulations Armada for outstanding and consistent results!

Debts drop from 8.3B last year to 7.7B now. Yes! Slim down baby and stay healthy!

Stable results! Well done Armada!

So late ! why bad result?

Hope quater result out tmrw.

When Armada going to issue the QR report?

Hit bottom and turning north now. Congratulations to thus collected at 0.395! Hold you tickets it won't turning back.

Attractive price now.

When it will reach 0.40?

Queue 0.42 also hard to get.

Just keep buying until next quarter result announcement.

https://www.bbc.com/news/world-europe-57923655

Nord Stream 2 finally get endorsement from US and Germany. Waseong able to get the retention sum at the end of the project?

Waiting for 0.405 but it stopped at 0.41. Shall wait or grab at 0.42?

Don't be greedy, just grab some near 0.40.

Think about few million foreign workers in Malaysia required vaccination. The government won't pay for foreign worker's vaccination, private companies have to pay for it. The private market is huge. (Some banglas managed to get vaccination appointment in mysejathera, I think government going to stop this)

Bring down the price please. Standby bullets and Army to attack.

DJIA, NASDAQ hit record high but KLSE going south. Malaysia local sentiment. Accumulate if you have holding power.

Pill up your Armada stock before mid of Aug. Expected consecutive profit for 5 quarters.

RM0.60 consider a low target price. Should target RM 0.90 or more.

@JoshuaMS7 send a signal here when the best time to sapu come.

Domestic issues. Political, Covid and FMCO.
Maybe break 0.40? Such discount happy or not?

Singapore selling MSK SGD 10 per KG. Domestic consumption is low due to MCO, FMCO.

Mid year sales, huge discount. Musang King 0.44 per KG.

Lelong lelong. Durian runtuh price.

That's why you can get cheap price at 0.44. Yinson 1.5x with negative cash flow but share price 4.99.

Once Armada lower down the debts, she will be in Malaysia Top 30.

Armada last year generated RM 904 million from business operation. No issue to pay the loan.

UMZA 74% of revenue from Malaysia operation. High dependency on Petronas`s CAPEX. I will buy if price dip below 0.50.

@Mikecyc you zoom into negative things.

Look at RM 327 million cash flow generated from operation.

Look at the price on uptrend since Nov, 2020.

Whatever Armada disappointed you in the past already a history. Look into the future. Oil on bullish trend now, pick a good oil and gas counter and ride on it.

Any good oil and gas counter beside Armada, please share here. Thanks!

Kraken

During the first four months of 2021, average gross production was 32,183 Bopd, in line with 2021 full year guidance of between 30,000 and 35,000 Bopd (21,150 and 24,675 Bopd net). The floating, production, storage and offloading vessel continues to perform well, with production efficiency of 86% and water injection efficiency of 89%. A tether was successfully replaced in March, with the field shut in for approximately three days. Subsurface and well performance remains good, with aggregate water cut stable.

OK ma, stable Kraken operation. If continue this trend Armada will record continues profit in coming quarters.

@Mikecyc you bought Armada before and cut lost? Share your experience please.

OMG! Oil price dropped below 75 continue downtrend! Run ah, Run ah, Run for your life!

Lembik, Merah, Red and Soft semua ada! :D

@strattegist don't look at short term. Red or Green, Merah atau Hijau, relax bro! Look at longer term. Half year to One Year, you will get what you looking for. Short term goreng you can try Euro, Dataprp, Serbak and Serbak sisters.

Armada not suitable for day trader and contra trader.

Last quarter EPS 2.7 cent
Assuming next 3 quarters also earning same amount (most likely), EPS per year = 11 cent.

Oil and Gas sector average PE ratio in 2019 = 16.98.

If market sentiment back to 2019, Armada expected price = 0.11 * 16.98 = MYR 1.87.

https://www.oedigital.com/news/488930-fpso-demand-booming-10-units-expected-to-be-ordered-in-2022

FPSO demand booming!

Karim force selling over 100 million shares around 30 to 40 sen. If you were Karim, will you buy back 100 million shares at 50 sen and above? Let's see.

06/07/2021 9:26 AM

Mabel

Thank you for sharing this great news to us Bon888!

I'm one of the `haters`, telling you `Sell on News`.

Cheers!

https://focusmalaysia.my/serbas-founder-doesnt-want-to-miss-the-fun-in-its-share-price-recovery/

Wow Mabel and Ponpipi on the focus Malaysia news! This focus Malaysia clearly side to Serba.

Uncle Lim, Suepipi and many others, good luck!

I guess Karim and gang strongly believe they did nothing wrong dealing with crook suppliers is a norm in local oil and gas industry, multi billions project in UAE 49% own by SD and awarded to SD looks OK.

Suddenly the music stopped and share price cirit-birit, now they realized how serious this problem is. Too late to recuse.

PPIM please sue KWSP and PNB for pressing down SD share price.

@ Nam Uni

The cash balance in account is not enough to run daily operation.

Share buy back now? Is like throwing stones into the deep ocean.

Dividend? Karim should have announce it two days ago but he didn't. No bank going to borrow money to SD, cash flow is in ICU now!

Dr. Eggwin average down lah. Pandainya.

Cursed by lady Ramunia.

DickyMe 20 sen akan datang.
29/06/2021 5:09 PM

Dicky global Oil and Gas on bullish trend, Armada resolved debts issues and reported steady profits for consecutive 3 quarters. What make you think the price will drop to 20 sen?

Don't go too fast, maintain 45 degree up trend. I still accumulating.

29/06/2021 12:20 PM

ggcomliao RI PP to get mani la
29/06/2021 12:21 PM

Air mani ke?

Cashflow is blood stream in company`s body. The body can't survive without blood. Who want to donate blood to the crook company at this moment? Mr. Tan Ku Ku?