Armada purposely doing like this:
1st quarter: turnaround to become profit from previous 3 consecutive quarters huge losses

2nd quarter: improving result

3rd quarter: excellent result

4th quarter: much more excellent result

This quarter result is only improving

Next quarter result will be much better than now, they purposely drag n will only write back the part of huge impairment (estimated around 500m) on next quarter only

Mikekim, how u comment on this current result?

Who said Armada will go bankrupt?

According to internal news ,next quarter will have 0.03 earning per share due to written back of huge impairment last year

Waiting and waiting for years

Waiting for sohai stupid shorties standby their bullets and fight

Waiting shorties to get ready all their bullets

Klci up so much, Armada only up abit, really kns

How extraordinary?

Djia up 300+++ points, and oil price up above 61

AK and EPF pakat to collect all sohai stupid shorties shares, both AK and EPF got unlimited funds especially EPF, shorties who keep shorting is really sohai

I think everyone here including shorties also waiting for quarter result

I bought 1mil shares morning session, then afternoon session bought another 5mil shares, planning to keep for one year

I think this alvintsk and tak and sheep are shorties people or else from Armada people or EPF people,

Not out yet, today perdana, sapura all up including Armada up half cent

Tariff negative impact already factored in into klci and Armada dropped from 0.25 to 0.215 recently

35, 34, 33, 32 what are all these???

Klci up, will Armada up today?

Scary scary scary, if good quarter then is gd, but maybe one day show only, but if bad quarter, then everyone here go back holland

Till now Armada operator still want to create fear for us to sell

Most likely the result will out next Tuesday early morning

Armada operator won't be so nice for retailers, they want us to lose money, not here to make $

True micsoh, Armada operator will make sure it's one day show for us again

It's better sell now, very scary, not sure result gd or bad

I think shorties now also scared to short, they also same like us, waiting for quarter results

Btw, If the result really so bad, these few days will see the selling pressures, but till yesterday, not much selling pressure, only last minute EPF threw only

They either will announce end of 30.8.2019, or early morning 3.9.2019

Today totally no shorties, funny

How come no more shorties already???

I think EPF last minute got throw around 2m to 3m shares

Shpok, that 1m buying, is that u?

Totally no buying volume already, how come?

Interestingly, Lim also recommends a “buy” on FPSO owner and operator Bumi Armada Bhd, although the stock is not one of his top picks. “Wait for the upcoming quarters, things will pick up at Kraken,” he says.

To recap, Bumi Armada, which is 34.89%-controlled by businessman T Ananda Krishnan, was awarded a contract by oil company EnQuest to supply and operate the Armada Kraken FPSO in the East Shetland basin, which is about 400km northeast of Aberdeen.

Armada Kraken arrived on location in February 2017 and first oil was achieved in June that year. However, there have been disputes, which have resulted in massive impairments at Bumi Armada.

In its first three months of FY2019, Bumi Armada generated a net profit of RM62.21 million on sales of RM491.61 million. As at March 31, Bumi Armada had negative reserves of RM990.95 million.

God is watching, karma is there

Seems like this lukeshakewalker knows and familiar very well with Armada. Anyway, god is watching us, there is karma

By right now should Worth for 0.30+++, but Armada operator still manipulating the counter, purposely collection of cheap cheap share price of sohai shorties only

Armada is still super undervalued

Dayang is different, dayang already at high price

Anyway, at such current so cheap price, what r u gonna to lose??

Not really much collection, as volume only 2.5m shares

Leslie, r u sure it's tomorrow? My insider source said net Tuesday early morning only we will know

At this current cheap price, nothing to lose la

Oil price up 2++ %

Mikekim, it's actually a good news, and Armada can write back most of the impairment. But I think it will be written back on next quarter, unlikely this coming quarter

I guess today EPF got throw around 5m to 7m shares

Leslie, whole world also know

I believe today EPF got throw some shares, and Friday will make announcement on this, and tomorrow maybe will have announcement on EPF throwing shares last Friday

Shpok, how much total holding u have;? R u pledging your current existing shares that u have then get more marginal financing? Up to 1 year?