Oh JC is back, we welcome you

Hoping yu n mee giving negative comments,then only I dare to buy n sell buy and sell,to make some short term gain

If giving positive comments, I won't trade first, even though this morning bought 450k shares

Now seems like 0.455 also hard to break, someone keep selling the shares there

I think this yu n mee is Armada operator, maybe he knows that many retailers and funders keep buying, that's why they sell first

Shpok, it's 陈伤阳

I'm more worried if yu n meet giving positive comments, I prefer he uses negative comments

How come Johnchew no more here?

Buy on dip buy on dip

Yesterday sold 3mil shares at around 0.455-0.46, and bought back 2mil shares, today will rebuy back another 1mil shares at 0.445-0 45

Whenever Leslie come out and shout for limit up, it's sure drop

Everyday shout for limit up, but Armada never limit up

LeslieGoh=LimitUp Guy=LG

Will keep for 6months

This morning I bought 2mil shares at range of 0.45-0 46

Count down 23 days

I still believe 0.45 is very best buy, as it too much undervalued

Really boring volume n trading pattern

Buy buy buy

Buy on dip buy on dip

Seems like 0.445 and 0.45 very good price to enter already

Oil price now 63, up 1+++ % , keep going up and up already

Armada operator waiting for sohai stupid shorties to short, but sohai shorties still waiting for people to dump

Today volume unexpectedly low n slow

As long as Armada is still undervalued, that's still a good price to go in now

Oil and gas (O&G) sector
Maintain neutral: Large-cap Petroliam Nasional Bhd (Petronas)-related names, with the exception of MISC Bhd, have underperformed the broader FBM KLCI index, while stock prices of small- and mid-cap companies have outperformed, on the back of higher activity. As we move into November, the focus will be on corporate earnings. We highlight that maintenance and rig players could post stronger third-quarter (3Q) results benefitting from higher job flows. Contract flows are likely to see a stronger ramp-up to make up for underspending by Petronas in the first half of 2019 (1H19). We have “buy” calls on Dialog Group Bhd, Serba Dinamik Holdings Bhd, Velesto Energy Bhd, Bumi Armada Bhd and Kelington Group Bhd. We maintain our “neutral” stance on the sector.


Petronas has significantly underspent on its capital expenditure (capex) totalling RM16 billion in 1H19 or 32% of its full-year RM50 billion target. The guidance is still unchanged, showing its commitment to roll out more contracts in the coming months. Out of the RM50 billion, Petronas has allocated half for domestic projects. We believe activities will remain robust, with its domestic upstream capex also guided to be higher at RM15 billion versus RM8 billion in 2018.

The jack-up rig demand in Malaysia steadily improved from 10 operational rigs in the first quarter of 2019 (1Q19), to 13–14 rigs in 2Q-3Q19. This is in line with 16–18 rig requirements according to Petronas’ activity outlook. Daily charter rates (DCRs) in the Southeast Asian region for jack-up rigs with a water depth of more than 350ft (106.68m) are now in the range of US$65,000-US$95,000 (RM269,789-RM394,307) (versus US$55,000–US$65,000 in January 2019), less than 350ft of the current DCR at US$48,000-US$65,000 (versus US$45,000-US$60,000 before).

We gather that offshore maintenance players are likely to post strong 3Q19 profits. This includes the maintenance, construction, modification contract beneficiaries like Deleum Bhd, Carimin Petroleum Bhd, Dayang Enterprise Holdings Bhd and Petra Energy Bhd (non-rated). We understand that the first two, which operate in Peninsular Malaysia waters, are servicing one additional platform shutdown versus 2Q19, while the last two are likely to benefit from more hook-up commissioning works quarter-on-quarter.

We prefer companies with more exposure to brownfield works and good earnings visibility. We like Dialog and Serba Dinamik (maintenance), Velesto Energy (jack-up rigs), Bumi Armada (floating production storage and offloading, a recovery story with more potential positive news), and Kelington (a promising long-term industrial gas story). However, in view of the recent sector run-up and some stocks under our coverage nearing their fair values, we recommend to take profit on upcoming strong 3Q result announcements, as 4Q/1Q are seasonally weak due to the monsoon.

Any potential upgrade to our “neutral” call on the sector hinges on: i) a stronger recovery in global oil prices; ii) faster roll-outs of contract awards; and iii) work orders leading to better corporate earnings improvement.

Further downside risks would be affected by a holdback in clients’ capex spending adversely impacting work activities. — Affin Hwang Capital, Nov 4

Walao, totally no buying at 0.455?

Buy n keep for 6months

Buy on dip buy on dip

Today strategy is to buy on Dip

*Market News*

*Dow rips to a record high, now up nearly 18% on the YEAR* The Dow Jones Industrial Average reached a milestone on Monday, *joining the S&P 500 and Nasdaq Composite at record levels, as investor sentiment was lifted by strong earnings, a rebound in economic data and a potential U.S.-China trade deal*.(CNBC)

*The dollar strengthened and global stock markets rallied on Monday* on signs the *United States and China are nearing the end of a damaging trade war* as well as indications the world economy may yet dodge a recession.(Reuters)

*Oil prices crept upwards on Monday*, with Brent reaching its highest in more than a month after the previous day’s boost from growing expectations of a U.S.-China trade deal(CNBC)

*Spring Art Holdings Bhd*, which will be listed on the ACE Market on Nov 8, posted net profit of RM3.05mil on the back of RM16.45mil in revenue for the third quarter ended Sept 30,2019.(The Star)

Tan Sri Dr Chen Lip Keong and the parties acting in concert in the offer for *Karambunai Corp Bhd* (KCB)’s shares have ended up with 5.32 million or 92.14% of the company’s shares as at the close of his unconditional voluntary takeover offer today. *Given the offeror does not intend to maintain the listing status of KCB, the trading of its shares and warrants will be suspended upon the expiry of five market days from the closing date*.(The Edge)

The takeover offer of RM1 per share by *Kumpulan Powernet*’s substantial shareholder and deputy chairman Datuk Dr Mohd Abdul Karim Abdullah has been deemed “*fair and reasonable*” by the independent adviser *Mercury Securities Sdn Bhd*.(theSundaily)


*DRB-HICOM Bhd* is raising RM3.5 billion from a proposed Islamic medium terms notes (Sukuk Wakalah) programme with up to 30-year tenure.(NST)

Point-of-sale systems provider *Cuscapi Bhd* has signed a memorandum of understanding (MoU) with Zando Technologies Co Ltd to collaborate in offering competitive solutions to end-customers in Myanmar’s food and beverage (F&B) industry.(The Edge)


*MMAG Holdings Bhd*’s subsidiary Active Trio Deluxe Sdn Bhd has sold a piece of freehold vacant industrial land in Klang to carton box manufacturer Acter Carton Enterprise Sdn Bhd for RM13 million.(Bernama)

Four shareholders of *Seacera Group Bhd* have issued a notice of resolutions to be moved at the group's 34th annual general meeting (AGM) on Nov 29, entailing the nomination of six new directors to the board.(The Edge)

*Mesiniaga Bhd* has bagged a contract worth RM16.05 million from the Employees Provident Fund (EPF) for the supply of computer hardware, software, maintenance and IT related services.(The Edge)



*Entitlement Announcement Monday, 4 Nov 2019*

Monday, 4 Nov 2019

5:15PM GTRONIC-CX ADJUSTMENTS TO THE TERMS AND CONDITIONS

I sold 1mil shares around 0.455 to 0.465 range today, tomorrow wanna buy back 1.5m shares at 0 445, then resell back at higher price, can make some short term gain also

Reallt very boring, whole afternoon volume very low

Count down 25days for quarter report

Good information aemadatuah

Today is T2 for last week Thursday rally, so it's very good opportunity to buy on dip now

True, getting ready to buy on dip

Anyway, today the best strategy is to but on dip buy on dip

Superpanda, it's not necessarily

Well says stockraider

https://oilprice.com/

Walao, oil price up 3++ %, almost 4%

True, now skychan really back to normal

Yu n me finally changed to be a nice person

Finally Rj posted something meaningful analysis

Djia big up, next week klci up high again

Enough, stop quarrelling,. Come on, we all are in same team, let's work together to fight against the shorties

Anyway, hoping everyone here can make good money since we all are Armada fighters, never lose to shorties

Shpok, they are just jealous and ignorant, just keep away from all these low quality people, they haven't reached our level yet

Last minute I bought 495k shared at 0.46

It's just a waste of time