AK is 79 years old not 73 ke....

Oredi almost 5 years never see any impairment reversal.. only increase..

Malaysian tycoon T. Ananda Krishnan’s company is poised to lose a total of about $7 billion from a failed 12-year foray in the Indian wireless market, marking his biggest-ever hit on a soured investment, people with knowledge of the matter said.

Krishnan-backed mobile carrier Aircel Ltd. filed to start insolvency proceedings in India, the company said Wednesday, confirming an earlier Bloomberg News report the move was imminent. Maxis Communications Bhd., a holding company for some of Krishnan’s telecom ventures, has made about $3.4 billion of shareholder advances to Aircel that it now won’t be able to recoup, according to one of the people.

AK wealth is abt USD 6.7 bil n invest in India USD 7 bil .. is going to drain as going insolvency bankrupt ..

Ho ho..moniekj is moneykj.. why left Kanger...liar

Just like Perisai...money go to boss associate company...then PN17 ..then delisted...

Ho ho no wander after re listed on 2011.. 2012, 2013, 2014 make profit esp 2014 total asset increase to 14 bil fr 88 bil .. n total debt 6.2 billion ..

2019 total debt 11.5 bil .. 2015 until 2018 , 4 years is at loss.. After India Court serve arrest warrant in 2014..scary

Some more during 4 years time make impairment 4.4 bil... where do all ‘‘tis money go..?????

Armada business is doing impairment ke..rm 4.4 bil in 4 years...

A New Delhi court has issued arrest warrants for Malaysian tycoon T Ananda Krishnan and his aide Augustus Ralph Marshall and is seeking Interpol assistance on the matter.

According to The Times of India, the court yesterday said the arrests warrants were necessary because Malaysia had not provided assistance over the past two years.

"They (Marshall and Krishnan) could not be served with the summons through the normal course by resorting to mutual legal assistance treaty between the two countries.

"Malaysian authorities have categorically declined to effect the service. In such a situation, the only way left is to approach the Interpol and for that issue of warrant is necessary...

"In such a situation when further issuance of summons would be a futile exercise, it is rightful for the prosecution to ask for warrant of arrest against the accused," the court was reported saying.

In 2014, India's Central Bureau of Investigation filed charges against the duo and South Indian politician and former Indian telecommunications minister Dayanidhi Maran over alleged corruption to help the Maxis group take control of an Indian mobile phone carrier in 2006.New Delhi court has issued arrest warrants for Malaysian tycoon T Ananda Krishnan and his aide Augustus Ralph Marshall and is seeking Interpol assistance on the matter.

According to The Times of India, the court yesterday said the arrests warrants were necessary because Malaysia had not provided assistance over the past two years.

"They (Marshall and Krishnan) could not be served with the summons through the normal course by resorting to mutual legal assistance treaty between the two countries.

"Malaysian authorities have categorically declined to effect the service. In such a situation, the only way left is to approach the Interpol and for that issue of warrant is necessary..

w Kraken contract :
USD 1.4 billion for 25 years: fixed 8 yr , option 17 yr annual extension which signed on 2013..RM 4.6 billion.

Taking 2019 USD rate : 1.4 x 4.2 = RM 5.9 billion over 25 years ..each yr is expected to bring revenue rm 238 million..still less than new India order..

It can earn incentive for addtional barrel produced above expected output 50000 bpd..
Now output is abt 32000 bpd...wait until long neck esp during Nov n Dec..haha

Kraken 2018 impairment is £296.6 m ie RM 1.6 billion...why so high if yearly contribution is RM 238 million..

Kraken will not be profitable : 1.6 / 5.9 = 27 % plus operating cost 12% , total 39 % exceed gross profit 38 % ..for 25 years period...scary

If USD rate back to 2013 is 1.6/4.6 = 34.8 % + 12 %= 46.8 % ...die oredy..each day pumping investor's blood...scary..

w w 1) Armada debt ?? 11.5 billion
2) Gearing ratio ?? WSJ 1x...local article : 2x ..2.7x
3) yearly finance cost?? 528 million
4) CEO ...acting CFO ..console are resigned together ( here some ppl said is terminated ke..haha) acting CFO?? Must be the CFO is resigned then put acting CFO ..now is resigned also..pity but good to avoid kena burned out stress syndrome
5) Big boss AK to rescue?? Big boss also in debt shape..rm25.7 billion investment in India go to drain as sue by India government...may get no bail warrant also..Astro ex deputy executive chairman is being sue also...and Maxis in flow money is exceed the limit by 5X..
AK net worth of US$ 6.2 billion..x4.18 is RM 25.9 billion..ho ho the 5th wave is coming ke..??
6) Deferred payments r due on Oct and Nov'19..the 4th wave is coming ke..??
7) Kraken improve but with the among fpso highest production cost of usd 30..oil price in 2018 is 11 months usd 60 to usd 85..
8) Shale oil competition: US the biggest oil consumer become the biggest oil producer..

Armada business is doing impairment ke..rm 4.4 bil in 4 years...

Ho ho no wander after re listed on 2011.. 2012, 2013, 2014 make profit esp 2014 total asset increase to 14 bil fr 88 bil .. n total debt 6.2 billion ..

2019 total debt 11.5 bil .. 2015 until 2018 , 4 years is at loss.. After India Court serve arrest warrant in 2014..scary

Some more during 4 years time make impairment 4.4 bil... where do all ‘‘tis money go..?????

A New Delhi court has issued arrest warrants for Malaysian tycoon T Ananda Krishnan and his aide Augustus Ralph Marshall and is seeking Interpol assistance on the matter.

According to The Times of India, the court yesterday said the arrests warrants were necessary because Malaysia had not provided assistance over the past two years.

"They (Marshall and Krishnan) could not be served with the summons through the normal course by resorting to mutual legal assistance treaty between the two countries.

"Malaysian authorities have categorically declined to effect the service. In such a situation, the only way left is to approach the Interpol and for that issue of warrant is necessary...

"In such a situation when further issuance of summons would be a futile exercise, it is rightful for the prosecution to ask for warrant of arrest against the accused," the court was reported saying.

In 2014, India's Central Bureau of Investigation filed charges against the duo and South Indian politician and former Indian telecommunications minister Dayanidhi Maran over alleged corruption to help the Maxis group take control of an Indian mobile phone carrier in 2006.New Delhi court has issued arrest warrants for Malaysian tycoon T Ananda Krishnan and his aide Augustus Ralph Marshall and is seeking Interpol assistance on the matter.

According to The Times of India, the court yesterday said the arrests warrants were necessary because Malaysia had not provided assistance over the past two years.

"They (Marshall and Krishnan) could not be served with the summons through the normal course by resorting to mutual legal assistance treaty between the two countries.

"Malaysian authorities have categorically declined to effect the service. In such a situation, the only way left is to approach the Interpol and for that issue of warrant is necessary...

w India new order 8.8 billion.own 30% will bring gross profit 38% yearly abt rm 320 million..earlier said no money will sell project % ..its happen...will reduce the project profit % down a lot...

Armada yearly finance cost is rm 528 mil..admin cost is ard rm 120 mil..indirect overhead is estimated rm 80 mil..total cost is rm 728 mil...

India new order bring gross profit rm 320 mil...728- 320 = 408 ..still short of rm 408 mil..

Kraken will be at loss..thats why new CEO is smart to put rm 1.6 billion impairment.

Perdana is sold off..

Claire .. idle since 2017..

Another india fpso is own 30% also...

Indonesia Fpso....so so

Vietnam..2 fpso..so so..hope not like Yinson...new order will be extremely difficult...

w Kraken contract :
USD 1.4 billion for 25 years: fixed 8 yr , option 17 yr annual extension which signed on 2013..RM 4.6 billion.

Taking 2019 USD rate : 1.4 x 4.2 = RM 5.9 billion over 25 years ..each yr is expected to bring revenue rm 238 million..still less than new India order..

It can earn incentive for addtional barrel produced above expected output 50000 bpd..
Now output is abt 32000 bpd...wait until long neck esp during Nov n Dec..haha

Kraken 2018 impairment is £296.6 m ie RM 1.6 billion...why so high if yearly contribution is RM 238 million..

Kraken will not be profitable : 1.6 / 5.9 = 27 % plus operating cost 12% , total 39 % exceed gross profit 38 % ..for 25 years period...scary

If USD rate back to 2013 is 1.6/4.6 = 34.8 % + 12 %= 46.8 % ...die oredy..each day pumping investor's blood...scary..

w 1) Armada debt ?? 11.5 billion
2) Gearing ratio ?? WSJ 1x...local article : 2x ..2.7x
3) yearly finance cost?? 528 million
4) CEO ...acting CFO ..console are resigned together ( here some ppl said is terminated ke..haha) acting CFO?? Must be the CFO is resigned then put acting CFO ..now is resigned also..pity but good to avoid kena burned out stress syndrome
5) Big boss AK to rescue?? Big boss also in debt shape..rm25.7 billion investment in India go to drain as sue by India government...may get no bail warrant also..Astro ex deputy executive chairman is being sue also...and Maxis in flow money is exceed the limit by 5X..
AK net worth of US$ 6.2 billion..x4.18 is RM 25.9 billion..ho ho the 5th wave is coming ke..??
6) Deferred payments r due on Oct and Nov'19..the 4th wave is coming ke..??
7) Kraken improve but with the among fpso highest production cost of usd 30..oil price in 2018 is 11 months usd 60 to usd 85..
8) Shale oil competition: US the biggest oil consumer become the biggest oil producer..

Shpok got 10 mil plus 5 mil...sychan mpre scary 10 b...is tis share ke...

Ho ho moniekj ke..in Orion..

India new order 8.8 billion.own 30% will bring gross profit 38% yearly abt rm 320 million..earlier said no money will sell project % ..its happen...will reduce the project profit % down a lot...

Armada yearly finance cost is rm 528 mil..admin cost is ard rm 120 mil..indirect overhead is estimated rm 80 mil..total cost is rm 728 mil...

India new order bring gross profit rm 320 mil...728- 320 = 408 ..still short of rm 408 mil..

Kraken will be at loss..thats why new CEO is smart to put rm 1.6 billion impairment.

Perdana is sold off..

Claire .. idle since 2017..

Another india fpso is own 30% also...

Indonesia Fpso....so so

Vietnam..2 fpso..so so..hope not like Yinson...new order will be extremely difficult...

Kraken contract :
USD 1.4 billion for 25 years: fixed 8 yr , option 17 yr annual extension which signed on 2013..RM 4.6 billion.

Taking 2019 USD rate : 1.4 x 4.2 = RM 5.9 billion over 25 years ..each yr is expected to bring revenue rm 238 million..still less than new India order..

It can earn incentive for addtional barrel produced above expected output 50000 bpd..
Now output is abt 32000 bpd...wait until long neck esp during Nov n Dec..haha

Kraken 2018 impairment is £296.6 m ie RM 1.6 billion...why so high if yearly contribution is RM 238 million..

Kraken will not be profitable : 1.6 / 5.9 = 27 % plus operating cost 12% , total 39 % exceed gross profit 38 % ..for 25 years period...scary

If USD rate back to 2013 is 1.6/4.6 = 34.8 % + 12 %= 46.8 % ...die oredy..each day pumping investor blood ke...

1) Armada debt ?? 11.5 billion
2) Gearing ratio ?? WSJ 1x...local article : 2x ..2.7x
3) yearly finance cost?? 528 million
4) CEO ...acting CFO ..console are resigned together ( here some ppl said is terminated ke..haha) acting CFO?? Must be the CFO is resigned then put acting CFO ..now is resigned also..pity but good to avoid kena burned out stress syndrome
5) Big boss AK to rescue?? Big boss also in debt shape..rm25.7 billion investment in India go to drain as sue by India government...may get no bail warrant also..Astro ex deputy executive chairman is being sue also...and Maxis in flow money is exceed the limit by 5X..
AK net worth of US$ 6.2 billion..x4.18 is RM 25.9 billion..ho ho the 5th wave is coming ke..??
6) Deferred payments r due on Oct and Nov'19..the 4th wave is coming ke..??
7) Kraken improve but with the among fpso highest production cost of usd 30..oil price in 2018 is 11 months usd 60 to usd 85..
8) Shale oil competition: US the biggest oil consumer become the biggest oil producer.

AK is sue by INDIA Government...anytime will kena no bail warrant...

2017 over ..why now in 2019??

Ho ho..why call ppl stooges..get angry ke..easily get stroke la..esp eat more lobsters..not good to health..

Yr twin Pang72 Sai is the only stooges..go greatech once said Armada bad .n now see the copy n paste go sap forum said Armada die...seems both same kind ke...

Kraken may not yield gross profit 38 % as its cost is usd30 ..the highest among the 5 fpso ...Kraken is going to be an investor's blood pumping project
if impairment not reverse..usd rate is down...operating cost is high...

Nov n Dec is the worst months..

Some more admin cost is expected to be increase..new project funding interest rate is expected to be higher as risk increase...

Let say usd rate is going be x3.8 next yr..a 9.52 %:drop..will seriously affect Armada profit/ Loss...scary..

pang72 Armada and sap are the same no hope!!
Armada continue to balloon the debt. So will die in one day.
Sap. is Hopeless after quarter result.
27/09/2019 11:55 PM

Ho ho..mabel twin once gain left it twin said how good is Armada in sap forum..

Kraken contract is signed on 2013 usd is x3.2 = rm 4.6 bil...2019 usd rate use is x4.2 = 5.9 bil..
Usd rate increase 31.25%..

Armada half yearly 2019 finance interest is rm 264 mil..projected one yr is rm 528 mil .

On Kraken ..with impairment..as shown is 1 % loss ..if USD rate is down..each % is a loss...calculation using usd rate is x4.2...will only down....

Just same as yr twin Pang72 Sai..a real blower Q ..with long essay ..

Mabel ..why woŕry leh . Let see the price go north or south ...why sour leh..u eat lobster ..i eat abalone..em..yummy loh..

Ho ho India new contract also culcalated before la..

30 % own..8.8 billion..each yr revenue with 38 % gross profit bring abt 320 million..just finance cost is 528 million.. even debt restructing n new debt..interest will getting higher...

Kraken contract :
USD 1.4 billion for 25 years: fixed 8 yr , option 17 yr annual extension which signed on 2013..RM 4.6 billion.

Taking 2019 USD rate : 1.4 x 4.2 = RM 5.9 billion over 25 years ..each yr is expected to bring revenue rm 238 million..still less than new India order..

It can earn incentive for addtional barrel produced above expected output 50000 bpd..
Now output is abt 32000 bpd...wait until long neck esp during Nov n Dec..haha

Kraken 2018 impairment is £296.6 m ie RM 1.6 billion...why so high if yearly contribution is RM 238 million..

Kraken will not be profitable : 1.6 / 5.9 = 27 % plus operating cost 12% , total 39 % exceed gross profit 38 % ..for 25 years period...scary

If USD rate back to 2013 is 1.6/4.6 = 34.8 % + 12 %= 46.8 % ...die oredy..each day pumping investor blood ke...

w 1) Armada debt ?? 11.5 billion
2) Gearing ratio ?? WSJ 1x...local article : 2x ..2.7x
3) yearly finance cost?? 528 million
4) CEO ...acting CFO ..console are resigned together ( here some ppl said is terminated ke..haha) acting CFO?? Must be the CFO is resigned then put acting CFO ..now is resigned also..pity but good to avoid kena burned out stress syndrome
5) Big boss AK to rescue?? Big boss also in debt shape..rm25.7 billion investment in India go to drain as sue by India government...may get no bail warrant also..Astro ex deputy executive chairman is being sue also...and Maxis in flow money is exceed the limit by 5X..
AK net worth of US$ 6.2 billion..x4.18 is RM 25.9 billion..ho ho the 5th wave is coming ke..??
6) Deferred payments r due on Oct and Nov'19..the 4th wave is coming ke..??
7) Kraken improve but with the among fpso highest production cost of usd 30..oil price in 2018 is 11 months usd 60 to usd 85..
8) Shale oil competition: US the biggest oil consumer become the biggest oil producer..

Why nobody say oil price oredi ??? Good ke???

Oh blower king..brain crashed or it figure blind..kiki

Moniekj is Moneykj in Kanger...haha

Ho ho only blow king Sychan hav 10 b share but only brain crashed or it figure blind ke...

Only thanks at 0.325 next week...

I recall float is ard 48% ..IK do make sense..shorties normally dont hold...from whom??

0.065 v826k..

Moneykj ..tklim..hunger4money...where r u .. Kanger die...

Bad intentions will bring bad karma..

0.06 v625k..

Since like tis next week i will copy n paste ..no worry la...haha

Oh who end up in court..really shame on u by the surname Chew...Lchew..

Willy99 today hip hop king ke...so free ke since moneykj is lari liao..

Hip hip hooray..

0.06 v475k

Delistjng soon..run

Sychan dont sell ..no worry..it holding 10b shares na..me just 200 unit ...no worry la..

Ha ha why kena India government sue ??

Sychan boight 10 b shares..loh...why 5.876b...must be it figure blind...