Shpok, good opportunities for us to queue buy at 0.345

Buy rate only 5%??? That's ridiculous

Buy on dip

Buying queues seem like not really attractive

Why no analysts give any analysis on yesterday announcement already??

*Market News 27/09/2019*

*Trade talks between the U.S. and China are set to resume Oct. 10-11 in Washington, D.C.*, three people close to the talks told CNBC on Thursday. Chinese Vice Premier Liu He will be representing the delegation from Beijing, one of the people told CNBC. (CNBC)

*China’s top diplomat said on Thursday that China was willing to buy more U.S. products*, and said trade talks would yield results if both sides “take more enthusiastic measures” to show goodwill and reduce “pessimistic language” in their trade dispute. (Reuters)

*BUMI ARMADA BHD’s* units, Bumi Armada 98/2 Holdings Pte Ltd (BA98/2) and Armada Floating Gas Storage Malta Ltd, have secured a RM317 million loan to finance projects in India and Malta. (TheStar)

Construction firm *GDB Holdings Bhd* has clinched a RM517 million contract — its largest single contract to date — to undertake construction works as the main contractor for the Park Regent residential development located at Desa Park City here. (TheEdge)

*Pentamaster Corp Bhd (PCB)* has signed an agreement to acquire a die-cast and medical machine manufacturer for RM21 million, saying it presents an opportunity for diversification into the growing medical segment of the automated equipment industry. (TheEdge)

*Ho Hup Construction Bhd* plans to raise up to RM17.79 million via a private placement of up to 10% of its total issued shares to third party investor(s) to be identified later. It plans to use half of that to repay borrowings, with the remainder mostly as working capital.

*Thursday, 26 Sep 2019 Entitlement Announcement*

5:44PM IOICORP Final single tier dividend of 4.5 sen

5:39PM GADANG First and Final Dividend of 1.2 sen

5:15PM FIBON Single-Tier Final Dividend of 0.72 sen

5:14PM AEONCR Interim single-tier dividend of 22.25 sen

5:14PM VS Fourth interim dividend of 0.8 sen

1:27PM TOPGLOV Single Tier Final Dividend of 4 sen

1:17PM SCIENTX Single Tier Final Dividend of 10 sen

Years also can hold, why Few more months cannot hold

Hold for another 6months la

Shpok, it's retained la

True brain, 0.355 is still very cheap, Regret yesterday sold at 0.35, see whether can buy back at 0.35 again or not later

Good and thanks for your info Leslie goh

No wonder today so much throwing besides shorties and me n shpok

No wonder today not many funds coming go buy Armada, everyone waiting for FTSE Russell decision

Anyway, today announcement is actually a very positive to Armada, if Armada is so bad, AK will not come in and provide financing to Armada, but Armada has the option to resell the Indian project to 3rd to make quick profit, I expect in couple of weeks or months, Armada should be able to resell this Indian project to 3rd party with good gain, estimated minimun 20mil USD to max 50mil USD gain

Shpok, it's easy to go back to 0.345, but it's difficult to break 0.355 or up 3cents in a day already

Shpok, then we just queue to wait lo tomorrow at 0.345

Personally feel like very hard to go up 3cents already in aday

Hopefully tomorrow got sohai shorties give me again their shares at 0.345

Anyway, tomorrow rebuy back again at 0.345

Shpok, I also sold 2mil shares at 0.35, felt like very hard to break 0.355

Armada operator collecting cheap shares at 0.35

Nobody dare to enter now but only Armada operator, they all know Armada operator very cunning one, so better patiently wait at 0.34-0.35

Can't even break 0.355

Anyway, fundamentally,it's a good news, because Armada can resell the project to 3rd party n making good money in short time

Seems like the buy queues is not really "attractive",??

Anyway, I believe Armada should worth for 0.50+++ actually after two consecutive quarter positive results

But still pity me as I yet to break even till now, had been averaging down since 0.70++, to 0.50++, then 0.40+-, then 0.30++, then 0.15++

Luckily I got buy another 2mil shares at 0 34 just now

Just wonder why all these sohai shorties every half cent shorting? Why not every 1cebt shorting? Or 2cents?

We maintain OVERWEIGHT on the sector as prospects have begun to brighten with rising asset utilization globally which supported service providers’ improving results. While we have BUY calls for Bumi Armada, MISC, Sapura Energy and Velesto Energy, our top picks are still companies with stable and recurring earnings such as Serba Dinamik and Dialog Group. We like the recurring income business model of Dialog and Serba Dinamik, which are involved in operation and maintenance services while Dialog’s earnings visibility is further secured by the Pengerang Deepwater Terminal project with its enlarged buffer zone. As Bumi Armada’s share price has risen by 50% since our recommendation upgrade last month, we have raised its fair value further to RM0.42/share, further reducing our sum-of-parts discount of 20%. 

Source: AmInvest Research - 23 Sept 2019

I think Armada wanting to force all the weak holders to throw la

And I got queue 1.5m shares at 0.335, waiting for sohai stupid shorties to give me their shares to keep

Don't think so*

Think first, ding think so, because 1mil buying at 0.34 is by me, and another 500k shares us by shpok

Funny, once bought at 0.34, then immediately will have someone throw at 0.335

Shpok, let's buy together at 0.34, OK? U 2mil I 2mil

*Market News 26/09/2019*

*U.S. President Donald Trump* said on Wednesday a deal to end a nearly 15-month trade war with China could happen sooner than people think and that the Chinese were making big agricultural purchases from the United States, including of beef and pork. (Reuters)

*Oil prices dropped about 2% on Wednesday*, logging a second straight day of losses after U.S. crude inventories unexpectedly rose and on worries that demand could fall after U.S. President Donald Trump’s comments about trade talks with China. (CNBC)

*Asian Development Bank (ADB)* has forecast Malaysia along with Vietnam and Thailand to become the biggest beneficiaries in Southeast Asia if the US-China trade tension prolonged. Chief economist Yasuyuki Sawada said Malaysia, Vietnam and Thailand’s gross domestic product (GDP) growth could gain as much 0.59 per cent, 2.31 per cent and 0.3 per cent respectively in the medium term. (TheSunDaily)

*Malaysia’s economy is expected to enter an expansionary phase in November 2019 to January 2020.* According to Malaysia’s chief statistician Datuk Seri Dr Mohd Uzir Mahidin, the Leading Index (LI) that provides an early signal on the economic performance in the near future indicated an expansion for the period. (TheSunDaily)

*Perdana Petroleum Bhd* has bagged work orders worth up to RM48 million from Petronas Carigali Sdn Bhd to provide two anchor handling tug supply (AHTS) vessels. (TheEdge)

Legion Master Sdn Bhd, the major shareholder of jewellery manufacturer *DeGem Bhd*, is offering minority shareholders *RM1.10 a share in a bid to take the group private*. (TheEdge)

*Pos Malaysia Bhd* is working closely with the government and all relevant bodies on ways that will brace consumers and businesses from potential high rates and instability in the global postal system if the United States Postal Service (USPS) leaves the Universal Postal Union (UPU). (TheEdge)

*Wednesday, 25 Sep 2019 Entitlement Announcement*

6:23PM YINSON Interim Single Tier Dividend of 4 sen

6:20PM PTARAS Final single-tier dividend of 12 sen

6:06PM HIGHTEC Single Tier Interim Dividend of 1.50 sen

5:57PM P&O Fifth Interim Single Tier Dividend of RM0.0125

Oil price dropped 1+- % again

Accounting purposes

Higher USD conversion value, it's better for Armada in fact, as after conversion to RM, the revenue and profit is higher

0.33 then 0.34, then 0.33, then 0.34, tomorrow 0.33 again??

Anyway, buy on dip buy on dip, 0.335 still very very cheap and undervalued

Armada drop back because of knm dropping alot, Armada operator sure will make they follow

They run we buy

Hope today can break 0.355, let all the shorties go holland

Funny ah, when world wide index dropping ,then Armada up, but when market sentiment up, then Armada drop

Waiting

But they need to pay interest and fees for the shared they borrow from lenders

Leslie, the shorties can just keep the shares like us, but only the borrow shared from shares lenders only

Very funny technical analysis, did the technical mention it will up to 0.355 recently? After up already then only came out this kind of analysis