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

Ini not yet kira the interest savings from huge loan repayment. All in, safe bet for me at this huge discount.

Simple je. The money instead of serving debt repayment after 2 to 3 years. Where do you think that extra 1.7 billion goes. Longkang?? FCF la bro. Even with that huge repayment currently, she is still able to make 600 to 800 millions PAT. Lu sendiri fikir la.

BA us a Super Mad Cow Generating Machines consistently repaying her debt of 1.6 -1.7 billion. She will be debt free in no time within 2 to three years. Can't imagine BA valuation then, Double or Triple. Lu sendiri Kira.

Someone please inform uncle Lurker another 8 cents to go before 60 cents ya.

What OTB counter. Are you nuts. Do you know how much free floats this BA has. 10 OTB pun tak cukup.

Cakap sudah made 26 million elsewhere. Ini pun mau Free. Cheh

AK did good in April and May. June onwards kaput. We now know AK contributes 30-35% topline to BA income statement. This coming quarterly reports will also include proceeds from Claire divestment. So I guess qoq will not hard hit if cushioned by that bumper gains from Claire. My 2 cents

From ori to recond is no good for BA mei. 100% production at pre SD level is no good mei. Then what is good news. Mangkuk betul. Well then she deserves to be .425 cents.

So much shares exchanged hand at .515 cents. Uncle Lurker Sapu in readiness for 60 cents. Haha

Ya lo tuah2017. Greenhorn like us is like that lo. But just when you thought you know all...haha

Thank you BA for the excellent job well done. Sleep well

Where is my promised announcement le. U bo.

Yes uncle lurker. Coming soon. Please stay tuned ya

Announcement due for today? Hope this will spice up the stock price.

Another word by Felix888 "Clients fault"

That is why Sterling 5 is demanding VO for standby by rate despite top side hook up ready.

Alliteration vs Altruism

人蠢医没药。没药医蠢人，蠢人医没药。医药没蠢人.哈哈😄

Hats off to nikicheong

Have a blessed day, everyone. For Armada

Biasa lah, in the red. Kena hard sell sikit. Haha. Already downtrend for 11 sessions, tomorrow open and close solid green kot.

By then bila hit 1st oil, All BA FPSO lease options sudah expired and Zero contract with Zero order book like nikicheong worries. Haha

Nope. Don't side tracked again. Besides, it's too far distance and baru scouting or feasibility studies je kot. Not even FEED for FID and DE. Lama lama lagi down the road.

Haha

For the record uncle lurk, BA hit 60 cent and beyond since April this year. Unfortunately, Kraken little drama momentarily brought her down to 52 cents to-date.