The bear freddie round the trip ke..haha

Unless settle going concern...

Payable rm 70 mil...receivable rm 7 mil...pay to whom..just con money ke..before delisting like xinquan ...haha..

w 1) total debt?? 11.5 bil
2( gearing ..2.7X
3) Claire material ligitation ?? Uncertain to win as the new company take over follow fixed contract term to terminate contract . Option contract signed or not ..big ?? New company so confident to terminate the order??Armada buy time only...
4) Kraken order as mentioned earlier will not profit with the 1.6 bil impairment...if usd down to 2013 when signed the contract x 3.2 ..with X4.2 cuŕrent cost eat up 39% plus currency if x3.2 will be cost 48 % ..compare gross profit 38% ... daily pump investor blood ...ps..kraken cost is usd30 per barrel ..the highest among the 6 fpso..
5) India new order will bring gross profit 38% rm 320 mil a year..but Armada yearly finance cost is rm 528 mil...no project funding .to sell project ownership % to get funding..GRoss profit will be greatly reduce..
6) 2011 relisted..2012 to 2014 make profit..2015 to 2018 make loss ..also make impairment rm 4.4 bil in 4 years..so fishy where r the money gone ??
7) The big boss AK being sue by India government in 2014...and 2015 start Armada make losses..
8) the big boss sue by India government together with Astro ex deputy executive chairman on Maxis money flow to India 5 times more than permitted.how..india minister father n son being sued also on corruption.
9) AK investment in India Aircel rm 25.7 bil go to drain as Aircel is apply insolvency bankrupt with debt rm 11.88 bil ...Aircel had sacked 2000 employee on August'2019..Maxis is Aircel ownership of 74%..

Ho ho crab group surface dancing liao.. why dancing side way kiri kanan only .. wat to do !! Kena trap in armada, still want to lecture ppl ... haha ...

Crab king said a lot of manipulators here .. blowers ke...

Anyway today king crab is yummy yummy .. kiki

Long term ?? Going concern to be delisting..

Break..otw to eat crab king...

Yummy yummy...

Today 4.30 pm sure got show..crab dance as price up..but only dance side way as trap...

Tomorrow no chance to dance...today even dance side way better dance also...hohoho

Ho ho..Alaska crab king...Japan crab..Sri lanka crab ..Australia crab..Indonesia crab...oh no ..no more Sri Lanka crab oredi..all to Singapore..

Maybe Sychan is the only one sri lanka crab here. Hahaha

Ho ho crab king want to hide..no way..
Today sure eat crab king.
Yummy yummy ..

Ho ho crab king with follower crab crab..

Yummy yummy tonite..

Talking of king crab..i feel hungry..now arrange with friends to eat king crab...no need to wait as Mabel only eat lobster when armada price up...

Yummy yummy crab crab...

Maybe longkang crab...

Ho ho sychan just the wayang kulit actor or twin of rj87..only comment in Armada forum..
Useless crab...

Ho ho sohai rj87 is a blower or manipulator as he claim.. active promoting armada since feb 2017 .. enter at 0.56 at that time .. no chance .. price drop fr rm2 to ard 0.7 at feb 2019 .. then u said re enter at RM 0.7 .. is right ... pity the sohai is crab king .. haha

Copy n paste from RJ87 comments ..
Stock: [ARMADA]: BUMI ARMADA BHD
Feb 28, 2017 12:09 PM | Report Abuse

I entered 0.56, regret never sell off at 0.79 and re-enter at 0.7... So, I don't think quarter report makes much difference to those entered 0.5X range.

Ho ho pump in money pun pay masuk own pocket money la before forensic audit ...

Bad intention will bring bad karma..

Who is sohai dont know yet .or u buy when rm 2 drop to rm 1...kena trap...haha..

Same wordings use before Artofwar ..pity u use new name...haha

RJ87..i hv been follow zelan arbitration with meena...if the contract did not written no appeal...giving a one month period for appeal..i do understand 2nd qr stated concluded by oct to dec...but when is the 2nd trial date..?if on Oct no delay is ok..

Float 51.82% ..operator want to collect also....

Armada claire court case first trial on feb 19...closing documents submission on end march 19...any one know when is the 2nd trial date ??

0.065 pun mau buang ke...

Gen set is getting hot....

Payable rm 70 mil..receivable..rm 7 mil...kiri kanan pocket money...haha..

Wah..3 mil q sell at 0.07...buang ke...

Ho ho settle the going concern loh ...

Sychan richer than AK 10 bil shares....hahaha

Why India Aircel case related Armada ..??? Money free flow ke...no wander a lot impairment..rugi rugi apa lagi...investor pun rugi...

True 4574 queue buy how many millions share despite hav 15 millions..a good financer...hahaha

Ho ho India government is sueing AK , ARMADA , MAXIS , ASTRO .. how to get new financing ??? No wander AK use his Usaha Tegas to provide the profitable India project financing ..no banks n finance institutions want to support ke...

w 1) total debt?? 11.5 bil
2( gearing ..2.7X
3) Claire material ligitation ?? Uncertain to win as the new company take over follow fixed contract term to terminate contract . Option contract signed or not ..big ?? New company so confident to terminate the order??Armada buy time only...
4) Kraken order as mentioned earlier will not profit with the 1.6 bil impairment...if usd down to 2013 when signed the contract x 3.2 ..with X4.2 cuŕrent cost eat up 39% plus currency if x3.2 will be cost 48 % ..compare gross profit 38% ... daily pump investor blood ...ps..kraken cost is usd30 per barrel ..the highest among the 6 fpso..
5) India new order will bring gross profit 38% rm 320 mil a year..but Armada yearly finance cost is rm 528 mil...no project funding .to sell project ownership % to get funding..GRoss profit will be greatly reduce..
6) 2011 relisted..2012 to 2014 make profit..2015 to 2018 make loss ..also make impairment rm 4.4 bil in 4 years..so fishy where r the money gone ??
7) The big boss AK being sue by India government in 2014...and 2015 start Armada make losses..
8) the big boss sue by India government together with Astro ex deputy executive chairman on Maxis money flow to India 5 times more than permitted.how..india minister father n son being sued also on corruption.
9) AK investment in India Aircel rm 25.7 bil go to drain as Aircel is apply insolvency bankrupt with debt rm 11.88 bil ...Aircel had sacked 2000 employee on August'2019..Maxis is Aircel ownership of 74%..

Aircel Ltd. was an Indian mobile network operator headquartered in Mumbai that .... Daily News and Analysis. 13 October 2012. ^ "Aircel ...
Owners: Maxis (74%); Apollo Hospitals (Sindya Securities and Investments 26%)

Maxis is kena also on the Aircel debt rm 11.88 bil....AK company left hand right hand pocket..good company become high debt company...just like Perisai delisted...

Got any good news ke.....just going concern to be delisted soon...

Ho ho figure blind loh..

Conman hold 12 mil share at avg price..0.068...at 0.07 can dump oredi...

Let the conman trap..not ikan bilis...

Delisting soon...

Shpok ..syokpok hold 15 mil shares..wat is 10k...haha...blower..

Wat ever up must down...follow the wave..la

Wah here got a tukang tilik sifu like in Kanger..0.355 la...0.37..la..wat time la...haha

Pity tash1 ..figure blind..

Ho ho all facts..u all why dont post positive news...blower for wat....

Ho ho yesterday newspaper said China is limit the scope of negotiation..more firm stand..

Mabel yr twin Pang72 Sai become 6257 liao...oh u shd knew..blower hip hoopper..

w 1) total debt?? 11.5 bil
2( gearing ..2.7X
3) Claire material ligitation ?? Uncertain to win as the new company take over follow fixed contract term to terminate contract . Option contract signed or not ..big ?? New company so confident to terminate the order??
4) Kraken order as mentioned earlier will not profit with the 1.6 bil impairment...if usd down to 2013 when signed the contract x 3.2 ..cost eat up 39% plus currency if x3.2 will be cost 48 % ..compare gross profit 38% ... daily pump investor blood ...ps..kraken cost is usd30 per barrel ..the highest among the 6 fpso..
5) India new order will bring gross profit 38% rm 320 mil a year..but Armada yearly finance cost is rm 528 mil...no project funding .to sell project ownership % to get funding..GRoss profit will be greatly reduce..
6) 2011 relisted..2012 to 2014 make profit..2015 to 2018 make loss ..also make impairment rm 4.4 bil in 4 years..so fishy where r the money gone ??
7) The big boss AK being sue by India government in 2014...and 2015 start Armada make losses..
8) the big boss sue by India government together with Astro ex deputy executive chairman on Maxis money flow to India 5 times more than permitted.how..india minister father n son being sued also on corruption.
9) AK investment in India Aircel rm 25.7 bil go to drain as Aircel is apply insolvency bankrupt with debt rm 11.88 bil ...Aircel had sacked 2000 employee on August'2019..

Low volume good or not...haha..

This theartowar is new wayang kulit actor...new acc with one post...haha

Kanger : Last 4 year total profit 20.8 mil stil kena going concern liabilty more than asset. 2017 cfo is resigned.2019 another cfo is resigned . worst audit committee independent n non executive director is resigned on 16/7/19.external auditor also resigned. This account book only ghost can do. 2nd QR report will be much issue.bkb hevea is 2014 old news still use .. some more container big big order . Like xingquan to be delisted on 16/8/19 due to financial report cannot be out as one big big order cannot be justified.

Another going concern is china 1st qtr GDP 6.4 % .China need 8% to create 10 mil job vacancy to cater ppl need. Kanger market is 50 % local china, business will be affected.worst still US China trade war , kanger export is 50% mainly North America, business is very much affected.

The Edge reported that Kanger International Bhd managing director Leng Xingmin’s stake in the bamboo flooring maker had dropped from 55.17% post-IPO to 24.45%.dated 21/7/2017 . And today is only holding 11%.indirect shares China MD easily bawah play ping pong.
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Kanger International Bhd’s wholly-owned China-based unit YanShan (Country) Kanger Bamboo Industry Co Ltd (YanShan Kanger) has been directed by the YanShan County’s to cease its factory operations until further notice.

In a filing with Bursa Malaysia today, Kanger said YanShan Kanger is recommended to temporarily stop operations or transfer its factory under the directive of the YanShan County, in respect of expediting the county’s development and beautification of the environment— scary

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Refer 1QR unaudited: total borrowing = 64 mil, receivable =rm 70 mil , payable = rm 7 mil , what a good profit business 70 mil vs 7 mil .. must be one big big order with huge profit ( same as xinquan case being delisted ) , and no progress report on the rm 93.2 mil development project signed with JCIPC on 1/6/2018.

That’s why external auditor issue Going Concern on 2018 annual report , financial figure cannot be verified include non current asset PPE.
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Going Concern— PN17 or Delisting SOON —- RUN

Ho ho tklim become blower king ke..

Zelan avg target price fr i3 is 0.41..

Kanger ...nil

Figure blind ke...