Hey Felix888, taking MBB private, that's a good one. Later uncle says, Hey, "Why Not"

Is AK going to do it again? Take her private? A dollar worth stock selling for half price that comes with FCF of more than 1 billion a year. Who wouldn't. If only I have 3 billions with me now. Ha ha

Oic. Thanks again nikicheong for your another explanation.

Thanks a lot, nikicheong for the latest news update

Hope the extension of Armada TGT1 will get a better lease rate unlike the current tenure of only RM600k a day

Another avenue for BA making more money for shareholders although the 1st shipment from Bluestreak JV (JV formalization in Q4) will only begin in 3 years later after FID. Mr Market is however not excited at all. Moody and Muted.

Thanks rohank71 for the explanation. Meaning AI says Buy for now. Great news off course

Anyone knows the meaning of continuous buying of 300 units board lot currently. FM or by specific syndicates.

Oic. Ingat tadi some infamous syndicates or individuals. Boleh, I can take that. Thanks.

Uncle, what Killer Whale and who are "they". Boleh share kah. Nevertheless, you will not get me to dump a dollar worth BA for 50 cents in view of some greenhorn newbies unable to endure the short term ups and downs of typical volatility of oil stocks

How to jual, 9 out 10 oil counters turun. Mangkuk

Bagus bagus, mangkuk 2017 belum jual lagi.

Or yang jual normally turned quiet or disappear from the thread here and vice versa. So obvious isn't it. Speaking for myself

It's always futile to ho against major trends. Just go along the trends if day trade. Yang already on-board mau uptrend whereas not yet loaded, on-boarded mau turun.

Most likely will hover around 56-57 cents this week preparing for 60++ next week

Unless you're a day trader

A dollar worth and selling for 50 cents. It's all about MOS. Sit back and enjoy the rest of the show.

Astonishing BA is trading now as if programmed buying started d

No need to worry about Yinson as she is already all hands tied up and BS fully stretched

5 FPSO tenders from Brasil, 2 tenders from Guyana near Brasil and 4 tenders from West Africa. Tikam tikam alang can secure 1 or 2 contract kot, BA

And most of all, IMHO, BA presents a better success rate of winning in my portfolio not only supreme profit margins vis a vis Yinson

By year end the improved BS could easily position herself for another Project or two if not more. Let's hope

No crystal ball. Simply talk cor* up BA. She needs extraterrestrial forces to bring her to next level. Haha

Year end at least 90 cents if not more lo Bro. This week or two 57 cents then 63 cents

FPSO business is no easy feat. Glad AK pulled through this

https://www.oedigital.com/news/506864-jadestone-energy-s-montara-venture-fpso-shut-down-again-after-gas-alarm-triggered

Ya lo Hng33 but the Mr Market does not seem to realize that open secrets just yet. Conservatively every quarter earnings 3 cents also makan tak habis d.

Anyway still a long long journey after FEED to FID then DE for implementation

Just look at SPAC Hibiscus. Took them decades long to see meaningful earnings

Yup, kacang putih indeed from ASV earnings. EP earnings from Indon is still too far distant to comprehend

20% by November and 40% by end year. Target to hit design envelope by year 24/25. At least the first baby steps

Mind boggling to see BA is in ultra deep discount of 0.5 P/B ratio where her peer Yinson is enjoying 1.6 times P/B. Nothing fancy on his P/L statement and BS, in fact Yinson is more debt laden now due to few FPSO under construction. Guess the execution and public eye perception of BA has tainted her image and reputation over the years. Gary has lots more to mend those gap

Wow, repeat for 3x. Supremely confident I shall be. Haha. Thanks a lot nikicheong for another great update

Haha, this dude from UOB IB couldn't even tell the difference between soft and hard constraints, critical spares and non critical spares let alone Process Safeguarding IPF system. Simply thrown out the so call ICOP jargon to show domimance. Any Laws and Regulations governing this so call ICOP. All diciplines COP must be governed and regulated and bound by law and regulations just like FMA and OSHA act. The so call ICOP study numbers more like a BDEP numbers for FEED or even for capacity debottleneck numbers. So so Gullible and Naive

Another way of implying ASV will not achieve 1st oil anytime soon

Curious though what brought BA to 70 plus cents few months back considering AK issues are already behind us

All are bullish except UOB. SOP derived Target Price. However, price action says otherwise for now. With ASN and The Norges Bank who manages Norwegian Pension funds on board also not able to add limelight to BA. Sigh

All 4 FPSO projects clinched within India with Indian Oil and Gas company

The JV with SPOGPL has been awarded with Third FPSO contract with ONGC. So, so far it's deemed good partnership. Not sure why this time multiple twist and turns with ASV

Besides, AK was designed with 4 submersible HSP on topside

Process redundancy is based on SIL studies on failure on demand and risk factors. That's pretty much taken care of during DE and HEMP and LOPA studies as well. The blunders to avoid was the one in OSV ventures during oil crashed in 2014. Took her near decades to turnaround to gearing ratio of 0.8 now

Popi Popi

Thanks very much Felix888 for the calculation. Meaning assuming BA is commanding 40% gross margin, then 117 millions will add to BA Topline annually

With Q3 SI maintenance period out of the way, let's hope all Ship Shape and Bristol fashion for BA fleet

She is contracted to ONGC India for 8.8 billion over 9 years with options to 7 years extention

How much can Armada Sterling 5 contribute to BA Topline knowing Its 30% JV with SPOGPL India. Hopefully BA can achieve 1st oil starting October as per nikicheong info.

OK. Cukup. Like i care you Sell or Buy.

Before you resign also tau look for new job before tender your resignation la.

Baby hungry also know to cry for food let alone MNC. You think ada orang or any corporate firms sitting duck waiting doing nothing for contact expiry. Never heard of 5 years Master Plan and 10 years Master Plan.

Lu tengok la. BA valuations will surpass Yinson real soon. Btw, Yinson has been making Far lesser profits than BA. BA valuations won't be like niw today if not because of their Huge Blunders made in 2014 in OSV ventures. Took BA near decades to turnaround to where she is now. BA, just don't Deviate! Stay On Course. Cukup to make you Champion in FPSO