You wish EPF or those GL funds dump the share?

shpok4574 good profit...!

flat between 12.30-2.30 pm tomorrow.

Turnaround plan will soon announce. the management and directors will face what they fear the most. Reporters, FMs, analysts will thrown them to hell.

EPF internal account and EPF appointed fund managers are 2 distinguish entities. Disposal from internal account is more serious than external FM action.

Hard to convince public it’s actually low enough to enter. WCT has now retreat to the post election bottom.

A successful turnaround plan will shot the share to galaxy... but need to pray the worst not happen.

What mentioned by pearlwhite earlier may happen where Gov takeover offer at 10 cents

Not likely PN17, so long AK still maintain the same relationship with TunM, MOF will step in to rescue.

BA now the finance headlines for wrong reason. EPF loss 700m. PNB bout 2x of EPF holding, you guess how much they loss. AK loss 1.6b. KWAP, Norges Bank, AIA and great eastern also in top of the list but less than 5% holding. Of the retirement funds highlighted, AIA, Norges, GE the cruel. They will dump like no tomorrow to salvage and recover whatever they can.

Not entirely disposed by EPF. We should wait until Tuesday to predict EPF’s strategy in BA. So far we knew they had sold 1M from internal account. There’s 5 external fund manager for EPF. About 20% held by them. There’s 1 month before they can claim any bonus from EPF, it’s crucial for them to unload the tumour from their portfolio. BA sadly is the top priority. The same goes to other retirement funds.

I doubt BA will disclose any material info in their reply to UMA

a lot of speculator and retailer will jump in and join the party at this level. No surprise for the huge buy sell Q.

check the latest available annual report and you will see a few pension funds were hold BA but below 5% so we couldn't see if they already giving up on BA. Those have not give up may reduce their holding as year end approaching, they need to furnish their Portfolio for a better KPI and of course, performance fees and management fees.

I'm not surprise if EPF had giving instruction to Aberdeen to stop their disposal as I didn't see any since their last sell.

RI PN17 the worst nightmare but before that happen, a private placement at premium, possible?

AK maybe tele con with TunM & Azmin now... lol... don't take it seriously...
AK already fail once in India and went bankrupt protection. don't think he allow himself to fail in his home ground.

Bro it’s EPF vs a battalion of sellers. Too little too less EPF can support and defence the bottom. The question now is where is EPF bottom? No way to sail north unless a galaxy high volume to break the deadlock. Play the half cent- 1 cent game to gain capital and avg down. The day will come. IFCA, Heng Yuen proved the miracle.

692718720 who is Harry?

I think is Harry Teo

EPF the net buyer before the QR announcement.

O&G experience the great winter. Once O&G the backbone of GDP. Can't imagine the majorities fail badly.

That’s my way to comfort myself... don’t take it seriously....

victim of low volume & weak holders.
month end, margin call, contra call,
the company still making profit, the drop of revenue due to the slower in realizing the sales billing in Q3 and drop in properties sales which make sense, you and me would not want to enter any S&P between July - Sept as the sector sure affected by budget announced in Oct.
2 contract won between July- Sept should boast the revenue in Q4 once the construction start.
re-branding and catching up in stock clearance may bring some positive result in their property division.
the company is eagerly in land disposal, any done deal will greatly reduce the company gearing and boost the cash position to a healthier level.
So long the management know what they do and do what they should do in Dec, I believe RM 1 should able to realize before CNY.

Cash injection is very much needed for BA to clear the immediate debts and lift the share price.

when we say 0.38 the bottom, it sunk to 0.35
when 0.35 realized, it sunk to 0.30,
0.25 around the quarter report.
0.15 by end of November.
0.05 should be a great Christmas gift from AK and Leon Harland.
RI meaningless, no point to make a cash call now with that kind of performance.
0.70 to 0.05 in 3 months, BA should award Malaysia book of record.

better q at 0.1

IDSS play? short started at 275, and pressing down to 255. easily 2 cent gain.

Wait until those short sellers finish raping the stock la... don’t make the unnecessary loss...

EPF's accumulation the only good thing to look at.... in the mean time, ikan bilis hangus...

don't be so gloomy.... there's a joke of the day, Superbull11 make a wrong call on properties and UEMS. He just deleted his comment.

damn the short sellers....

http://content.wct.com.my/quarterly/2018/3q2018.pdf

https://www.thestar.com.my/business/business-news/2018/11/26/more-impairments-for-bumi-armada/

https://www.thestar.com.my/business/business-news/2018/11/27/bumi-armada-q4-profit-seen-to-be-lacklustre/

how many more EPF can spend on BA? i felt that the management team give wrong impression to IBs during the Q3 presentation. As result a big slashed on TP to 30 cents and lower.

http://www.bumiarmada.com/App_File/Image/assets/Q3%202018%20Analyst%20Briefing_Final.pdf

now is the fund managers call..... 80-100% potential gain in 6 months time.... should attractive for them to goreng...

QoQ cash flow improved. Seems coming finance expenses under control. Good sign. Market do shock by the weak Q performance. However, the later trading seems received positive response from the institution.

bet c-50 ex-price 40. ratio 1.8:1. 3 cent now.

They are diversify their biz into properties development. That's why they have the EGM to ask shareholders approval on the diversification and hire a project manager for the project. Share start moving and rocket non stop since then. They also have private placement for funding. Price and purpose of the private placement announced and available in Bursa website. Sorry, I didn't check on the details. You may read and share here. A cut win should apply, price should drop once the PP shares listed and available for sale.

impressive.... for now....

Like Panda mentioned before, price already factored the impairment. No worries.

Currently, this is the less volatile construction stock in the market. Your call.

It’s hard to break 0.82. 0.84 an uphill battle. 0.85 just like mission impossible unless QR is good

End of the month

I think there few possibilities for EPF
1. Avg down the cost
2. Price now too attractive for them to accumulate. Once a life time opportunity.
3. BA not going to pay any div for next few FYE. Capital appreciation the only way for them to gain profit. Hence, more they hold, more potential profit they gain.
4. Sentimental acquisition. To show the public they are supporting. Too huge to fail for BA. Huge cost to pay if BA chapter 7 or chapter 11.
5. BA do not have cash for share buybacks.
6. Other substantial shareholders are dry and except EPF.

Based on record as at 13/11, EPF had raised there holding to 8% at bargain price. Will they continue to accumulate or they will stop after this? I don’t mind to have the price at this bottom 33.5/34 for the next Q if they continue to raise their stakes. As long as by end of the accumulation, they announce to have a takeover offer at NTA.

correction. 91

look like they wanted to even their holding. the holdings after transaction were 123,315,509. who willing to sell them the balance 1?

is Kin Liu (true fact), spring will come earlier than expected

your bet shall pay off

could be a technical rebound

wondering who pumping the lifeline. we shall confirm 33.5 is the bottom if didn't break by the end of the week.

33.5 seems the bottom for now....