the price would have not fallen that badly if not for the stupid CEO memo. It would have been circa 30 cents.

Bankruptcy? I think not. there is still a usd1.5 billion facility that can bridge waters

Blood is really on the streets. It's time to buy. The debt has not increase, its 9billion. The difference is just the short tenor for some. Restructure it and life goes on...

retailers fishing now

pdts bought back

mad rush to buy back soon...

so will we....haha

Exactly.they still have the usd1.5 billion facility but it could be at a high interest rate.
Make you more suspicious on the edge article...on the verge of bankruptcy.

40 million. 1 cents difference 10,000 per million

So I guess EPF must be the one supporting the share....

AK cant buy more, he holds 34.89% stake, buying more will trigger MGO

don't use investorking as a moniker,embrassing…..

Superbull11 not tired?

LOL

haha...hard to believe you, so far none of your statements are accurate

if epf buy up, these shorties will lose....

unless they have borrowed shares to short, entirely different issue

Idss vol is 40,937,500. There is definitely a syndicated play

There is also a difference between shorting today and yesterday and the day before

Don't think there is a official FB for Armada either

Shorties have only the end of day to buy back

another round for everyone!

filtering the weakholders...those who bought yesterday

did not even defend the reputation armada, he should be fired...idiot

One day with volume. Next day no volume again...then start again.
Isn't this a cup and handle?

would be interesting to know the buyer..usaha tegas?

selling stalled....both sides operator?

operator caught by edge report

look at the sell Q, is it real?

edge report cause panic...again

106 mil in 1st half hour

haha...

More impairment plus project on hold for a while

similar situation 2 years ago. they say Air Asia was going to bankrupt at 79 cents. All IBs also downgraded them

19.5 gone

the price will go up, syndicate need to pull retailers in....

better buy 19 taken out

again...could the biggest syndicate play ever...remember Airasia at 79 cents

not the only one...haha

reach 19, confirmed reversal....

you think?

should file a lawsuit

but there is buying support...hmmmmm

don't think cosmetic changes will help

doesn't matter...price would be 5 in 1 also...no change in cashflow

Status unchanged....

Maybe the CFO is to replace him...hopefully

stupid CEO....fire him

did not disclose to bursa but to staff...everyone will be looking for another job.

maybe including him....

next few days will know....

what an idiotic CEO!

the memo does coincide with the selldown...one day after memo came out. maybe hoping staff will leave on their own

spooked an institutional investor to sell....
still no confirmation