limit up konon. Oil already at 91, where is the limit up? so long as oil above 60, konon one day laughing to the bank. Kah kee kong kah kee song. If oil at 60 armada for sure back to 0.30. That's almost an Armada promise.
I'm liquidating from this " Si bei " in the queue for 0.545. Waiting 4 months only 10 cents, enough is enough.

useless counter . move like turtle

collected maximum today on Hibisc @0.875. We are going to have a mega hibisc ball next week. All invited to joint. Watch for my invitation next week when crude go back to 85. Hibisc has good respond to crude movement.
Armada can only grin with saliva drooling. Arm bands will have to wait it out for another 2 weeks, meanwhile " Bo Kang Tow "

Collected this morning another 100k shares @0.875. Hope to collect some more @0.870. and wait for the 4th cycle barbecue next week when crude steadies.
Quote : Winmal
"even reported EPS 2.5 cents ... share price is not performing... unlikely Hibiscs merely 2 cents but share price trading at 0.90 cents..."
Welcome to joint Hibisc party. Nothing is unlikely you can follow to enjoy barbecue next by collecting today.
Have good weekend, happy making money

MacPundei - Waloeh .. very good analysis and agree we make money base on prediction. But your prediction always to make yourself feel good but bro I hope you have made money the last 30 days. Arm rally traded between 0.50- 0.525 on average the last 30 days. Good luck.
Told you about my 4th cycle yesterday(already 3 cycles of profit in 30 days) on Hibisc. Collected 150K Hibisc shares this morning @ 0.88 bro. I hope to collect more tomorrow , should be lower on a Friday. Hope to seize more @0.87/0.875. My 4th Cycle profit will come the following week , waiting for 0.920/0.925. Hibisc the last 30 days on average trades between 0.835 - 0.935. A lot more potential to go over to 0.950. Lets see if we make money next week or not.

Bro, you make it sound like Armada trade in oil to get operating revenue.
Cost input on operation is plan annually in the budget. If already taken in the budget higher , then possible for actual profit to be higher. If budget is 70 , actual is 85 ,then Armada will eat fried rice and salted fish. Don't think if oil is 85 Armada will make more money, thinking like that, you are missing it bro.
Reduction of debt is a good sign. But the market already know this and they are not responding bro. This is old story. Ask yourself why Armada can hardly move above 0.525. even 0.50 its struggling to resist. what are the big investors thinking. if you cannot make money swap bro

"Good news guys,
Biden administration chose not to tap from SPR...big relief for oil price. Tomorrow got big rally. Fasten your seat belt"

Macgonner where the big rally. Bro I enjoy the amusement of your crystal ball Qtr profit will be more than 200 mil. Whats the economics of this fortune telling. Be careful, High Oil price can be a double edge sword. However the effects of it(on operation cost) may not be in this coming qtr but the next. Oil above 90.00 is a bane on operation for operators of this industry

Looks like, My 4th Cycle is coming sooner than I expect. Maybe Friday would even be a better timing to catch it even lower. I'll probably catch some today at 0.88. Maybe the bulk of it tomorrow. We see the strength of the dollar making oil more expensive to consume. This inflationary pressure will expedite relaxation on anti oil stance both in the US and outside of it.
I see oil hovering around 80-85++.Forget about Armada making any real significant eye catching movement until the coming 2 weeks, provided your qtr rm200 mil happens.

How big can your Arm rally be? Shiok sendiri but dont make money, whats the point. OK lah "Huah Hee Teoh Ho". Its a no brainer ,no rally until 2 more weeks, provided report, profit 150 mil or more materialize, otherwise you 'll have to make do with fried rice with salted fish.

The real Macguyver normally very intelligent but this one is a bit of a dissappointment . Have a big heart as investor or trader, you can track the comments i make against the market movement, if i'm bullshitting you can comment as you like. I'm just giving you another perspective of making money. Instead of considering the economics you engage in envy. Bro what is setting aside 300-400K for trading .Are you bro, just starting to learn to trade or what? If you are a rookie , better observe more , what people do. True bro, I don't work , trading is my work bro. My recommendation to you is focus on the economics don't let your ego consume you. We are all here to make money. If you observe more you probably get an opportunity to make money as well.
Trust me , I'm going for my 4th cycle, waiting for Friday, as market mostly tend to trend lower. Hibisc more sensitive to oil movement unlike Armada. Armada in my view has structural and confidence issue due to its huge debt operation. If there is a adverse movement on oil, they we are ready for 4th cycle on Hibisc his Friday.

Swap to Hibisc really pays. Just unloaded 400K shares. Made 4.5 sen clean
18K in less than a week . This is the third cycle. Well waiting for the 4th Cycle window normally on a friday. Armada needs to test highly resistance R1 0.525. Beyond that it has to produce the 150 -180 mil results in coming 2 weeks.

This counter has many ifs and buts, if you are not losing do a swap.Day range 1 sen/2 sen at most.
Focus on Hibisc. You'll make more money short term. Collected some more this morning 0.875. Some big sharks collected loads of it at about noon, shoot to 0.905. Plan to release in a day or two. Good money.

"The Brent crude benchmark will hit $120 per barrel by the end of June 2022, Bank of America said in a research note this week, cited by Bloomberg"

Always in superlatives to "shiok sendiri". Oil hit $120 in JUne 2022 how is it helping to make the Armada vessel move now. By the time captain speedy arrive in Timbaktoo plantations ,the 120 barrels of oil unlikely to arrive. Better to Unload and buy new vessel.

3 weeks ago , I commented on a swap strategy, from Armada to Hibiscus, roughly 400k shares. Hibisc range 0.89 - 0.945. Since then I have made 2 cycles of average 4 sen from hibisc. Solid profit RM30K in 3 weeks.

Niki expects 150-180 mil profit next qrt. Results out in 3 weeks. until then it will not move beyond 0.525. Even if it move it will have to breach the tough resistance of 0.55(R1), 0.58(R2-unlikely). Yah agree never fails to dissappoint.

Unloaded my last tranche of Armada 50k shares at loss. Fed up , Market no confidence on this engine (high debt, possibly higher operating cost, possible delay in Ar sterling contribution.

Going for my 3rd cycle on hibisc. Just collect this morning 0.885/890.
I 'm confident of making an average of 3-4 sen (0.920-0.925) by next week.

Dont talk to make yourself feel good, don't soak on something that is not moving. Move on. Consider options. Hibisc has dynamic daily trade range ,sometimes 3-4 cents daily. Easier to make money rather than waiting on a sluggish counter, the market have no confidence at this moment.

Happy trading . Giving you different perspective

Niki
Expecting good qtr results . Higher operating cost?

"Armada operating cash flow is strong enough to pay down its debt by about RM 1 billion each year since FY 16 ( RM13.8 B) to FY20 ( RM 8.8 ), this is assuring enough. I guess Armada may get EPS of 10 sens in FY 21. The key thing to watch is the USA Government potential debt ceiling crisis and cash crunch in coming months that may tip the world economy over. However, Armada with its long term FPSO contract terms with clients, I still see Armada is potentially much less affected than many other Oil and Gas companies business wise should world economy face the set back ; especially if it manages to sell off all its OSVs soonest possible. Let us keep the faith though."

This view is full of "may and ifs". But the inflationary spiral is real looming in the actua economy now around the world. The world sees it as a looming risk . Your " may this and if that" does not help investor's consolidate perception at this moment. Armada debt is about 9B. Bro, you better pray that crude does'nt go any further than 85-88.It increases their energy cost of operation. Gas price has spiral out of proportion posing a crisis in UK,EU and US. A loomimg commodity price cycle and supply chain bottle neck is bad news for operations with high debt.
This is why we think the reason Armada cannot go beyond 0.55. Astute investor can see the risk, we think.
Swap strategy not a bad idea. We are all in to make money only ... mah. Hope you see the light. Happy investing

"Please remember that in an inflationary environment it is good to have debts. Inflation is about 10% per private data (shadow stats), so debt is decreasing in real terms by 10% year by year. And the talk of inflation is no more.
So let us enjoy the ride."
This view has got to be taken with a big pinch of salt. Inflationary spiral mounts pressure on working capital . And if the spiral is off plan by a big margin the liquidity stress will be challenging on operation. Energy, raw material consumables cost are short term in nature and thats why investment bankers and analyst are crying foul in the major business media.
Inflation creating a decreasing real terms of debt gives you a false sense of business case. The viability of an operation year on year comes from a constructive management and restructuring of debt either by decreasing debt or increasing funds in absolute terms. Granted debt does lower the cost of capital at some equilibrium but that is academic in the case of Armada. Armada's debt is huge and operations ability to generate positive cash flow as plan expose to risk if short term inputs cost spiral out of control.
Happy investing > My Hibiscus energy vessel is slightly more vibrant

unloaded all my Armada today 0.52/0.525. Switch more over to hibiscus 0.900/0.905 best strategy made since Sept 21. Armada is not entirely price sensitive to crude. why are the institutional investors still on the sideline on this counter :
1. huge debt is a big risk in an inflationary
environment. High cost of Crude can eat into its operational cost.
2. Higher cost of inputs , Pressure on cash flow is bad news on high cost
of debt.

Cant find other reasons its not moving. It will not move until the cash flow position becomes more visible.If hunch is correct, Swap strategy , is better to earn better yield for your money.

Arma ..ha.ha.ha.. this engine is made for crawling. I manage to sell out some at 0.530 earlier. Switched over some to Hibiscus @ 0.925 . Quite confident i will make more money tomorrow .

This Armada Meow engine only meow mmeow power , not horse power. Must be installed in Balakong and Battery from Pulau Bintang. No matter how much Brent go up 85/86 cannot move. Perception of huge debt not receive well by more astute investor. Getting out as much as possible , this counter. Others more profitable . Good luck

HLIB TP is old story since August 21. Is there something the market is reading , we are not seeing. Yinson, Hibisc and the like have skyrocketed. Only this old engine still cannot show real strength.
Any one can explain the underlying issue for it not to move yet?