impairment is not real, cash is real

I welcome any comment or criticism because I am not perfect but please not too brutal. Thanks

For my next post, I will do a detailed Merger and Acquisition Analysis, this is just the tip of the iceberg.

no alliance, just combine, put ARMADA under control of YINSON, confirm go to sky this YINMADA

because of MFRS 9, new accounting standard, that's why got impairment lah aiyoyo

Management from Yinson and Armada, please contact me if interested in this merger, I will help you guys arrange it, and that will be the best thing for ARMADA shareholders

YINSON as of FY2018 has RM 600+ million cash, any debt also no problem, any additional they can raise with Sukuk bonds (strong track record), easy to raise debt, just buyover ARMADA and will become 3rd largest FPSOs operator in the world GOGO YINMADA!

pray for YINMADA to happen = YINSON + ARMADA

Thanks for the info, i will go visit him and ask management at tanjung rambutan to ban wifi access

Once a wiseman said, don't argue with idiots, because if you win you will become an idiot also.

today market so good, make much much money can eat roast pork

wah got people want to buy, so say ECRL cancel? are you LGE friend? HAHAHAHA

rumour lah, but would be great really, with Yinson management, this one really can become gold swan, lay gold eggs for shareholders

let yinson takeover, BEST CASE!

Merger with Yinson also not bad lah

if this company propose takeover for Bumi Armada, what will you do ah Mr Philip?

Please Yinson buyover and make this company great

2 weeks later uncle TP reached, RM 2.0 YESSSS

LGE give us big big contract

Then become pride of Malaysia, after Petronas, like I said next time if Malaysia gone only Petronas and Yinson will remain

Yeah weih, if Yinson takesover, this company can become white swan, not like now ugly duck no feather, hopefully

shit company with shit share price hahaha logical, good riddance

yinson takeover?

coz it's a good company that's why, good company sure got strong support behind, like in chinese they call it back mountain, this one got PNB as mountain behind, how to fall lah, even want to sink also cannot coz got mountain under the sea

hahahah

wtf this kisiao guy sohai or what, lanjiao the economy don't collapse will be lucky with him already

i selling another large block again, you want to buy or not?

buy more talkcockeatshit haha, one day really like your name

wait ECRL announce, give contract RM 1.00 back

Hahaha connie tard appeared again

wrong

Thanks sifu calvin for another call.

QL much better

continue to operate at losses

apa bende KY-GEL ini forum investing bukan forum porno tau ka

how about the debt restructure and refinance ah? No news kah

challenge accepted, deal!

wah geng

hahaha funny guy go buy vs lah now

wah kao, really sad for the CEO, fall 1 cent get scolded like shit

good advice pussycat, i am a good example, I punted wrongly, just sold my house and 2 cars for margin call.

LGE can save me only now, RIP me, kena margin call 2 round already, sold 2 cars, left one car for next round of margin call

wrong, epf disposing as ikan bilis slowly

very strong at 0.16, maybe need one more day to break it. New CEO please save the ship

sell first, always can buy back later

limit down or not

hahahahhah funny lah you all, either sindicate push down price to collect when price fall. when price rise, all say something going on wakakakaka... Super funny

koyak koyak

hailat d, confirm kena margin call again

someone here said last 3 QRs no impairment, so this QR also no impairment weih