https://finance.yahoo.com/news/big-oil-turnaround-negative-prices-060000227.html

https://finance.yahoo.com/news/big-oil-turnaround-negative-prices-060000227.html

Something is brewing in this counter...watch out. Maybe good sign after the AGM.

Our Armada battleship will only stop @ 0.30 to replenish...

Good startup. Brent is rising as same as O&G counters. Good bargain now don't miss the boat.

Good startup. Brent is rising as same as O&G counters. Good bargain now don't miss the boat.

Not drop..it is fluctuating. This is normal as nothing can go straight to uptrend immediately, must have fluctuation. Oil strong at 39 - 40. Check the oil data you can see it clearly. India/China working hard and almost at the edge of discovering covid vaccine...matter of time. Recently, kind of steroid drugs found effective to treat covid patients. Soon there will be easing traveling restrictions.

The bear is still hibernating. I heard someone is whispering "cash rich company "

Ala kasam Abu kasam....show me the gold hehehe!

**next month

International airports will open next onward..maybe in middle of the month. Traveling will commence as usual after that subject to adhere to SOP. Once this one materialize then demand for fuel will increase.

Agreed wth Tak1...Oil one day show only later in around next week plunge again and the media start to do nonsense coverage...second wave covid lah, oil over produce lah, usa china trade war, india china border issue lah and etc etc...eeeerm!! Everything turns red again

Oil one day show only later in around next week plunge again and the media start to do nonsense coverage...second wave covid lah, oil over produce lah, usa china trade war, india china border issue lah and etc etc...eeeerm!!

You wanna cheap..wait till next week.

As I said earlier markets is not certain now...USA CHINA & INDIA not aligned as one. Next week expected more downfall. Short term traders are risky. Long terms investors no problem but have to wait patiently till the markets recover. All the big big institutional players are equipped with highly softicated software's....they will get all the information in advance. We are like a tiny drop in the vast oceans. No way we can beat them unless we trade with smart.

As I said earlier markets is not certain now...USA CHINA & INDIA not aligned as one. Next week expected more downfall. Short term traders are risky. Long terms investors no problem but have to wait patiently till the markets recover. All the big big institutional players are equipped with highly softicated software's....they will get all the information in advance. We are like a tiny drop in the vast oceans. No way we can beat them unless we trade with smart.

China is facing attacks on all the fronts, starting from being reprimanded over the Covid-19 pandemic and accusations of misdoings involving Hong Kong, Taiwan, Xinjiang, the trade war, its tech programme “Made in China 2025” and so on.

To help rebuild his trust with voters ahead of the upcoming election, Trump is set to up the ante against China by applying all punitive means possible. One of the most effective and obvious instruments would be to portray China as isolated and abandoned by its partners.

A very bad days ahead. Now in hibernating mood...soon will explode.

China is facing attacks on all the fronts, starting from being reprimanded over the Covid-19 pandemic and accusations of misdoings involving Hong Kong, Taiwan, Xinjiang, the trade war, its tech programme “Made in China 2025” and so on.

To help rebuild his trust with voters ahead of the upcoming election, Trump is set to up the ante against China by applying all punitive means possible. One of the most effective and obvious instruments would be to portray China as isolated and abandoned by its partners.

A very bad day ahead. Now in hibernating mood...soon will explode.

The bear is still hibernating..hahaha!!

Apa sudah jadi..mining tak ada gold kah. Back to square one adohai!!

Nicky I hope you will get 0.10c even I'm also waiting to grab more @ 0.10c...happy trading.

Don't absolute trust in some bank news..they're paid to said so. Going to 0.10c is likely not at this moment unless major catastrophic happens like USA/China trade war and etc etc. All O&G sectors certainly rely on fossils fuel price and that is now look promising...opec+ and Russia agreed for output slash. I strongly believed another couple month oil price break 50usd (subject to global factors as I mentioned above). Global economy is start moving rapidly and most likely there's no second wave of covid 19. Lot of good possiblity indicates that Armada will moving forward..happy trading. Chillax

OPEC+ sources have said Riyadh and Moscow agreed to extend existing cuts throughout July, although Riyadh was seeking a further extension to August and possibly even December.

OPEC+ sources have said Riyadh and Moscow agreed to extend existing cuts throughout July, although Riyadh was seeking a further extension to August and possibly even December.

BAGHDAD (Reuters) - OPEC and its allies led by Russia are “most likely” to agree on a one-month extension to an oil production cuts deal on Saturday, an OPEC delegate said.

BAGHDAD (Reuters) - OPEC and its allies led by Russia are “most likely” to agree on a one-month extension to an oil production cuts deal on Saturday, an OPEC delegate said.

Man man...if stock market moves straight upward then everybody can be a millionaire no need to work ma. Good thing takes time to materialize, patient is the key. Remember nothing is easy in this world....chillax

Is the bear still hibernating, how long 10 years 15 years...aiyooo!

Armada top 10 shareholders:-

1) Tatparanandam Ananda Krishnan 2,048,288,000 34.8%

2) Permodalan Nasional Bhd. 764,654,700 13.0%

3) Karisma Mesra Sdn. Bhd. 236,278,650 4.02%

4)The Vanguard Group, Inc. 138,973,809 2.36%

5) Norges Bank Investment Management 112,511,508 1.91%

6) Employees Provident Fund 106,791,445 1.82%

7) Dimensional Fund Advisors LP 79,740,293 1.36%

8) Wijaya Sinar Sdn. Bhd. 78,759,550 1.34%

9) Yu Wei Tan 62,029,600 1.05%

10) Urusharta Jamaah Sdn. Bhd. 51,962,800 0.88

I believed this is latest but one thing I dont understand, as far as my knowledge EPF already ceased all it shares. EPF still listed as one of the shareholders according to the data.

Aiya! No need la bla bla bla...we already know everything. Let focus on what next.

Is the bear still hibernating..

One day show only..

Wow! Knee jerking reaction after lunch..get ready guys

Check out EAH . It is software company also with 121million order from income tax..looks promising and volume increasing...top 30 bursa right from zero. EAH also owned Sunland (Sunland famous for olive oil and pasta dealer around Malaysia supermarkets). MCO give them good turn over from Sunland. Orion take times to recover, it will but not now until they fully commence the project and see the figure.

Under ground...hahaha

Accelerating...go go go. Worth to buy

The cake for domestic oil and gas (O&G) players has become smaller this year amidst the global economic turmoil that has led to Petroliam Nasional Bhd (Petronas) slashing its capital expenditure (capex) and operating expenditure (opex).

This has upped the competition among some 4,000 service providers in Malaysia as the national oil company planned to reduce its capex by 21% and opex by 12%.

Petronas allocated RM50bil for capex this year, out of which RM26bil to RM28bil are for activities in Malaysia.

☝️ this is not good news for our local players like perdana, velesto and others. International players like Armada only worried about oil price and renew more contracts.

https://oilprice.com/Latest-Energy-News/World-News/Russias-Energy-Minister-Sees-Oil-Market-Rebalancing-By-July.html

They want to stabilize the oil price around 45 to 55 per barrels...

MOU for 6 month only then back to drawing board again whether Orion want continue with this project or not. It's all depend on prosperity....can find gold or not. Temporary the price might spike up. Investors not dumbo throws millions of cash for uncertain project. I'm too hope Orion can fly bcoz my shares in there but you must talk realistic too.

Qtr???

That is we called "game of surprise". We know what will change share prices is the next surprise — a surprise not reflected in the prices yet. Another game is to imagine what the newspapers will report six months or two years from today.

Brent lingering around 35+. Statistic shows uptrend if not bcoz of USA China tensions. It will move up gradually

Japan lifts its state of emergency for Tokyo. Soon more nation will follow. That means public transportation will kick off gradually....demand vs supply will take place.

Cyclical stocks comeback.

https://www.wsj.com/articles/cyclical-stocks-are-staging-comeback-11590399001

0.40 no lah..if its can exceed above 0.15 more than good enough. Let's break 0.08 first then we talk about rest..

Wow! So many speculator over here. Guys orion just start to join venture with Enrich mining and not earn any yield yet. Gold mining is not easy as we think...involved in lot of process just for few grams of gold, is that worth. Unless they already discovered huge deposit of gold beneath the area that they are digging. 700millions is just rough scale only. Just convert 700millions into the gold and imagine see how much gold you have to dig. I'm not saying bad but it is good bcoz orion trying something new...hopefully it give them good earning and boost up share price. What I'm saying is don't over excited.

USA threaten Chinese to agree with their T&C..that's why all this drama.

I think massive dumping due to oil price plunging down from 36+ opening this morning to 34+. People selling in fears. Correct me wrong. Meanwhile let's wait for qtr release before make any conclusion.

I dont see any reasons that Armada qtr is going to be bad. Jan - March Armada operating fine except after 20 March (covid pandemic strike world wide). Just like Velesto where the price plunged from 0.18c to 0.16+ . Fluctuations happened one day earlier and once the qtr report released, price ascend to 0.17c to 0.18c ( Now trading @ 16++ and I believed due to huge dumping and price correction happen). I feel Armada behave the same.. Just my strong instinct feeling not necessary it should be correct. Happy trading.

Qtr good results.. velesto boleh

Sapu after qtr result out. Price might plunging down further. After 18 June going to be very bad time for share market..just careful.