1. 2m @ 0.19
2. bout 45m @ 0.185
3. bal 0.18

most of the transaction done @ 0.185. By then, we could assume shorties are short @ 0.185, they have to buy back their shares by 4pm today. They win if price go south, they lose if price > 0.19.

so King, what is the total IDSS volume for the morning session?

you didn't see post from pearlwhite meh.... no support from major shareholders ma.... major shareholders already abandon ship.... how much monies BA can rise from minorities...?? aiya...

aiya James, you really think RI will happen at this price ga... what is your basis by comparing BA & SAP le?

In a research report yesterday, UOB Kay Hian said the fundamental drag on Bumi Armada is its earnings before interest, tax, depreciation and amortisation (Ebitda) deterioration from the OMS segment.

“Our valuation could re-rate upwards once the OMS fundamentals sustainably improve, which may prompt us to remove the debt discount,” said UOB Kay Hian.

The group already mentioned they are continuing to monetize and dispose the under utilize OMS vessels in their 4th quarter report? Why they still want to goreng the old news?

My 0.05 cent opinion

when is the right time to announce the loan deal. It's end of March now and they need to close their account for the 1st quarter of YE19. they should able to present a better balance sheet if the announcement is make by this week.

coming quarters should for the reclassification of Kraken loan & Sukuk.

Since BA did not deny and they never denied any good/ bad rumours, the report from bloomberg should consider genuine.

Why buy 0.185 when there's ppl out there help you short to 0.165?

That's why RSS and IDSS always won in these counters

King, where is your goreng group? don't want goreng ka??? steam pun ok 1....

lol.... he won't la... he will then copy and paste his old long grandma story....

Lu talak suka management meet KPI ahead of deadline. Management tak perform pun talak suka... Ni Tak suka, tu tak suka. Then apa lu suka?

lol....

4.50 means 4.50pm la wei....

RSS players bleed... gap up tml....

so....? nothing better to talk in the board meeting than extant the forum discussion... had your medicine?

look like KYY have not done his disposal and his withdrawal is resume now...

@Mabel, what I want to say is, if KYY think he been raped by the IBs, he should also see how IBs make their call on BA. It’s much more ridiculous compared to his new love. I think SC wouldn’t border to layan his accuses.

Look like he lose 100m over Jaks, Sendai

https://klse.i3investor.com/m/blog/koonyewyinblog/199274.jsp

Anyone here saw the open letter from KYY to SC on the downgrading of Dayang TP which cause huge loss to him and his family?

Thing is the shorties que... 20m vs 2m bilis in each sell Q

lol....

shpok, sale now you lose 0.5 - 1 cent. sale at 4.45 you may lost only 0.5 cent or break even.

what is the purpose of shorties to turn the sale Q into lorries parking lot when no one want to trade?

https://www.ft.com/content/2bf37d1c-4bac-11e9-8b7f-d49067e0f50d

In its full-year results on Thursday, EnQuest said production at Kraken is expected to improve as maintenance activities on the extraction vessel at the field — which has been at the heart of problems since the first oil was produced in 2017 — are completed.

The field is expected to produce between 30,000 and 35,000 barrels per day, the company said, although this is considerably lower than the 50,000 barrels/day it had originally been expected to yield at peak.

Market is please with EnQuest performance. It is up 11% as at now. It definitely a boost for BA as her FPSO operator

say BA get USD 10 on every barrel of heavy oil pumped from Kraken. If the average production rate for 2019 is 30,000 Boepd, That's additional 9,000 barrel compared to actual production of 21,000 barrel in 2018.

USD 10 x 9000 Boepd = USD 90,000

equivalence of USD 32 Mil or RM 131 Mil

We can assume BA manage to serve annual interest by looking at the potential income generated from Kraken.

That's 9,000 to 14,000 Boepd difference between the actual production in 2018 and 2019 outlook. safe to say that, the revenue should significant improve if Armada Kraken able to operate at full stream

2019 performance and additional outlook details

FPSO performance has continued to limit production performance at Kraken. All DC4 wells are now onstream and, as FPSO maintenance activities are completed, production is expected to significantly improve. We continue to expect to deliver gross production of between 30,000 and 35,000 Bopd from Kraken. Elsewhere across the portfolio, aggregate production has been broadly in line with the Group’s expectations.

EnQuest Chief Executive, Amjad Bseisu, said:

“FPSO performance has been the main limiting factor in achieving Kraken’s full production potential. As such, our clear operational priority is to improve Kraken’s FPSO uptime and efficiency. We are working with the FPSO operator on a number of improvement initiatives.

Net daily average 1 Jan’ 2018 to 31 Dec’ 2018 (Boepd):
Kraken 21,369

Enquest going to report their full year result by tonight. Any output from north sea would directly affect the prospect of Armada Kraken, and the bankers would definitely consider this in the negotiation held next month.

going for high volume breakout?

1. someone is just wait to dump heavily
2. someone is just wait the right time to push

Cuz FED hint the world they not going to rise int rate for 2019. BNM is very likely to cut int rate at next BNM meeting. Lower int rate affect bank’s earnings

should be around 20M if he is continue selling after the announcement

No FED interest rate rise for the year. expect more hot monies flood the emerging markets... let's see how KLSE perform.

life full of surprise. bite it

wondering the big lot receiving parties......

Yes!!! good profit making counter!!!! invest today gain 1000% by tomorrow!!!! just buy don't wait.... siapa cepat dia dapat....

Lol....

lol.... look like armada is one of the less "hit" counter at this adjustment period.

1. depressing price @ 0.16 for quite some time
2. price surge to 0.25 due to +ve comment from CIMB
3. price drop gradually to 0.175
4. price adjusted to 0.15 after QR.
5. price improved to 0.21 in shorterm
6. price stay afloat @ 0.19-0.21

https://www.investopedia.com/terms/i/inverseheadandshoulders.asp

KYY golden rules cannot apply anymore... look like his way of investment had create some negative chained reaction....

Shpok lose until lost...

i think no one willing to go > 0.2 after last minute throwing in last Friday

no goreng group ma GG together lo.... good or bad... "GG" also ma....

King, he do do his study/ surgery/ analysis and he do have his own "connection". No doubt the goreng group make me want to laugh but hey, this is Royale De Casino Bumi Armada.

Also his greediness...