Shorties where r u?

Up too much and too fast already, not even have chance to buy back

Wow, Armada never fall back one

Bought 250k shares at 0.445, but queuing 1mil shares at 0.44

Shpok, r u buying on dip again?

Today buy on dip buy on dip

Leslie, when Armada limit up?

Today strategy is buy on DIP

NTA is 0.57, easily worth for that price

Valuation & Recommendation
Maintain BUY call with an unchanged target price of RM0.47 based on +1 SD to its 3-year average P/B. Risks remain its high debt and gearing level despite the recent refinancing.
Potential upside is the possible compensation of US$280m (>RM1b) from the Armada Claire court case and judgement is expected in 4Q19.
Source: JF Apex Securities Research - 10 Sept 2019

Next week's sure fly up to nearer to 0.50 :)

Thursday up 3cents, supposingly coming Monday is T2, but this up 3cents is last hour done by Armada operator alone only, I don't see got any outsider, so there won't be T2 on Monday

So, Monday we BUY on dips

I think next week they will announce

Was told that will.push up the price to 0.50 next week

Today is T2 for those contra players bought on Wednesday

This Armada operator is the toughest operator on klse, if you can overcome fighting with this Armada operator, you will win whole klse, regardless taking fundamental into consideration

Collecting back contra players shares n cheating new sohai stupid shorties to short

What kind of insider news?

Armada operator now still fishing for new group of sohai shorties come in and short

Wow, still got so many sohai stupid shorties come in n short

Just wait for good news announcement la

Whenever Armada up, knm sure up even more

LeslieGoh=LimitUp Guy=LG, if want limit up, please find Leslie goh, he will teach u how to limit up

For Armada, will only slowly up no limit up one

Then price above 0.50

Maybe today after closing, there will be an announcement for their securing of these subsea projects

So there is no worry to enter again today

So it means next Monday, T2, it won't be down

BTW, yesterday rally and pushed up mostly done by Armada operator alone, so it's unlikely we can see any contra players, all scared to go in already yesterday

*Market News 18/10/2019*

*The European Central Bank must be careful in lowering interest rates further given the rising risk of unintended side-effects*, Italian central bank chief Ignazio Visco said on Thursday. The ECB cut its key rate to a record low of minus 0.5% last month, and markets priced further cuts for the coming year in the face of exceptionally weak inflation pressures. (Reuters)

*The International Monetary Fund on Thursday welcomed signs of a de-escalation in U.S.-China trade tensions* but said an urgent updating of trade rules was needed to restore strong growth to the global economy. (Reuters)

*China is expected to post its weakest economic growth in at least 27-1/2 years on Friday*, raising pressure on Beijing to roll out more stimulus to counter the effects of a costly trade war with the United States. (Reuters)

*China’s commerce ministry said today that China hoped to reach a phased agreement with the United States over trade as early as possible, and make progress on cancelling tariffs on each others’ goods*. A phased agreement would help restore market confidence and reduce uncertainty, Gao Feng, spokesman at the ministry, told reporters, adding that both sides were maintaining close communication. (Reuters)

*Oil prices rose about 1% on Thursday after draws in U.S. fuel inventories*, but gains were capped by a larger-than-expected rise in crude stockpiles and a series of weak economic figures. (Reuters)

*RAM Ratings has projected a marginally lower 4.5 per cent gross domestic product (GDP) expansion for Malaysia in 2020*, compared to an estimated 4.6 per cent for 2019. In a statement, it said further easing of monetary policy is on the cards, while fiscal policy remains mildly growth-supportive. (Bernama)

*Widad Group Bhd*, whose parent company Widad Business Group (WBG) put in a bid last week to take over concessionaires under PLUS Expressways Bhd from the Government, is forking out RM95.89 million to take up a 90% stake in Serendah Heights Sdn Bhd, which is the ultimate owner of a concession to develop and maintain the UiTM (Universiti Teknologi Mara) campus in Jasin, Melaka. (TheEdge)

*Perdana Petroleum Bhd* (PPB) is on track to return to the black in its coming financial year ending Dec 31, 2020 (FY20), since its shareholders have given their nod for the group’s proposed rights issue exercise as well as proposed provision of financial assistance to its major shareholder Dayang Enterprise Holdings Bhd (DEHB), which forms part of its debt restructuring plan. (TheEdge)

*Genting Malaysia Bhd* has confirmed it is being sued by a minority shareholder of Empire Resorts Ltd for steering the company towards privatisation against minority shareholders’ interests, also denying all such allegations, and believe the merger litigation is without merit, and plans to defend against all claims stated therein. (TheEdge)

Setia City Mall — a joint venture between *S P Setia Bhd* and Lendlease Development (Malaysia) Sdn Bhd — is set to be the largest mall in Shah Alam when its expansion, which sees an investment of over RM500 million, is completed by the second half of next year. (TheEdge)

*Entitlement*

*Thursday, 17 Oct 2019*

6:43PM GCB-CC ADJUSTMENTS TO THE TERMS AND CONDITIONS

5:29PM KIPREIT First Interim Income Distribution of 1.37 sen

Good posts skychan, Finally skychan posted something meaningful post

Shpok, they are still hiding this strong news

LeslieGoh=LG=LimitUp Guy

Good news: Armada secured both subsea construction for their both Armada installer and constructor at Caspian sea

Was told that next week will break 0.50

Niama, up too fast already, not even have chance to buy back

Collect both ways, not allow Both sides to make money

This Armada operator really fantastic, early morning created fear then collect those sohai stupid shorties shares, now collecting contra players shares

Today trading pattern very weird

No show today again?

Totally no movement already

Still fishing more sohai stupid shorties to short

Really stressed of trading this counter

Hope those shorties die kao kao

Luckily I bought 1mil shares at 0.405, but due to fear, I cancelled another 500k shares then waited at 0.40, but couldn't get

Haha, shorties kena conned

Armada really lousy stock, knm also up, and even perdana is now higher than you

Shpok, u sold all ??

Shpok n mikekim, where r u? Not buying on dips already?

Buy on dip buy on dip

Those who are selling now from today is only sohai shorties and some impatient retailers only