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2019-06-29 19:47 | Report Abuse
The worst is over
30 Sen sap sap sui
2019-06-29 17:26 | Report Abuse
Bull run coming
IK jump in on Monday or see you at 30 Sen
2019-06-29 17:23 | Report Abuse
Monday hoseh
If available at 21 I will add more
2019-06-29 15:29 | Report Abuse
Since yesterday I have been busy reading its annual reports from 2014 onwards
2019-06-29 15:28 | Report Abuse
Hope you are right as I want to buy more
2019-06-29 13:19 | Report Abuse
I read your article, you are on wrong track
If you punt stocks like this you wont last long
2019-06-29 12:48 | Report Abuse
Tell us the name of the two stocks so that we can discuss more in depth
2019-06-28 21:35 | Report Abuse
Not much capex as the ships had already been built
2019-06-28 21:32 | Report Abuse
X
Many people don’t know that Bumi Armada generates very strong operating cash flow
It’s net profit is about RM250 mil per annum. But it’s annual depreciation charges is RM400 mil.
This means net operating cash flow (after servicing interest expenses) is about RM650 mil per annum.
2019-06-28 20:25 | Report Abuse
nobody will privatise a loss making entity
2019-06-28 18:38 | Report Abuse
No need to convince us
We do not control the stock
2019-06-28 06:56 | Report Abuse
Everytime I pick a stock to buy, I ask myself "is it likely that I am buying at the peak of this stock ?"
If the answer is NO, then I buy
Without proper fundamentals, you cannot answer the above question
2019-06-28 06:54 | Report Abuse
Those penny stocks that you praised so much, once they fall and you are trapped there, you don't know whether you will ever recover
Companies like ewint you know you have a good chance to recover if one day it drops below your cost
Because it has earning visibility and backed by fundamentals
2019-06-27 18:42 | Report Abuse
better dont write back
that will increase future depreciation charges, isn't it ?
Frankie123 @mikekim hook up for kraken had shorten from 13days to 11 days to be minimum the production is around 45k perday the question is the impairment write back will reflect in the 2nd quarter?
27/06/2019 12:58 PM
2019-06-27 18:09 | Report Abuse
apparently he can't get enough of it
keep on buying everyday
2019-06-27 16:12 | Report Abuse
I don't understand why trump thinks china will surrender just because he threaten to impose tariff on another 300 bil china export to US
China has GDP of USD14,000 billion
300 billion divided by 14,000 billion = 2%
It will only affect 2% of China's GDP, why would China surrender to accommodate US ?
Americans got poor Maths, I guess
2019-06-27 13:47 | Report Abuse
what should you do now ?
Option 1 SELL - you can panic and sell off at a loss
Option 2 HOLD - you know the latest loss was due to timing of handover. Basically, they did not hand over any unit during this latest Q. In coming quarters, there will be exceptionally strong earnings coming in due to hand over of completed units. As investing is forward looking, we should at least hold on to our stocks
Option 3 BUY - Leverage on the price weakness to add more (bearing in mind Brexit still unresolved, don't say I don't warn you)
Option 1, 2 or 3, your money, your own decision
Happy investing !!!
2019-06-27 13:41 | Report Abuse
what had happened ? Why reported a loss ?
Of course we know the major earning contributor is UK. So to find out why they incur a loss, we need to look at UK operation.
The question now is : How much billing in U.K. during the latest quarter ?
Let me count for you :
(1) According to latest quarterly report, total unbilled UK sales as at May 2019 is RM10.14 bil
(2) As at February 2019, total unbilled U.K. Sales was RM9.73 bil
(3) During the 3 months from Feb until May 2019, they reported additional sales of RM410 mil (being 548 mil less 137 mil RM)
Now, apply the following formula :
Latest Unbilled Sales = Previous Unbilled Sales + Additional Sales During This Q - Billing During This Q
Move the parts around :
Billing During This Q = Previous Unbilled Sales + Additional Sales During This Q - Latest Unbilled Sales
= RM9.73 bil + RM0.41 bil - RM10.14 bil
= RM0.0 bil
Conclusion ?
During the latest Q, there is zero billing in U.K.
That explains why they reported a loss
2019-06-26 08:26 | Report Abuse
that is why I roll my eyes everytime sceptics come and tell me "see ? you are wrong. The Vietnam plant is not going to make RM150 mil, it is only going to make RM100 mil per annum"
just imagine people come to you and say, "sorry to tell you that next year the company will only give you a pay rise of 40%, not 60%"
what is to sorry of a 40% pay rise ?
2019-06-26 08:17 | Report Abuse
I am not worry about Vietnam project AT ALL
whatever the figure, it is going to propel share price higher
it is a matter of how much
even if up another 20% is better than nothing
who can make 20% in one year ?
Just relaxed
2019-06-25 23:26 | Report Abuse
Wow you already foresee that in 2018
saltedfish Christmas 2019 will be $2
17/12/2018 11:36 AM
2019-06-25 22:46 | Report Abuse
If they can announce two more quarters of good results , the stock can reach 30 Sen, despite high gearing
No need other catalysts. People will get bold once they saw consistent profitability
2019-06-25 18:34 | Report Abuse
Anybody asked about the waste water project that Abang misai mentioned is facing delay ?
2019-06-25 11:01 | Report Abuse
ya
somebody collecting
2019-06-25 09:46 | Report Abuse
buying armada now is contrarian move
the stock has reached rock bottom
at inflection point
yes, fundamental is less than sterling
but that is why you are getting it cheap
2019-06-25 09:33 | Report Abuse
kraken very important
if they get it right, earning will be sustainably strong
2019-06-25 08:23 | Report Abuse
You should stop looking at this stock
You are confusing yourself
Posted by InvestorKING > Jun 25, 2019 7:38 AM | Report Abuse
How come shorties not dared go short already? But keep defending the price at 0.21?
2019-06-25 04:15 | Report Abuse
The Edge article said they have developed a new waste water treatment technology for palm oil mills that could be very promising
2019-06-24 22:02 | Report Abuse
Datin Chok is buying like no tomorrow
Stock: [ARMADA]: BUMI ARMADA BERHAD
2019-06-29 20:56 | Report Abuse
Monday if 215 I will sapu