You need educated investors more than anything else...At least they are not idiots that simply sell at 1sen gain. Those are the idiots that sell chicken feed and think very smart.

Volume start coming in liao...Last chance to enter....

Yu_and_Mee can compete with shpok who wants to be "billion" sohai. Sigh.

what result u talking about?
After restructuring; the result still out 4th week on the month QR should release.

Operators monitors the queue closely.

Maybanks platforms allows good till. So, my queue will be one of the earliest. And if enough people queue, then that might disrupts operators plan.

Robert, u changed ur tone. What motivates it?

THEREALDEAL; that how people commit suicides.

Market price movement has nothing to do with ur confidence. It's market confidence towards a company performance. Giving promises is only worth 10%. Following it through will make up the remaining 90%.

Did you get the right currency IK? It's very misleading.

Chris Khoo, point acknowledged. And you could be very wrong. =P

It's your money. So, u can sit on the side. The way I see this; the price hasn't moved yet. So, the person pulling this grand scheme isn't profiting anything yet.

If you don't bet on business model; fine. I'm quite confident to bet on their greed.
And he knows what's he is doing. And he WILL PROFIT HIMSELF. All we need to do is follow.

The price hasn't pumped. Nothing to dump. That's the safety net.

apanama another stupid people, like superbul11, pearlwhite, johnchew, geco and what's the other guys name.

Slowly, this fella will be gone too.

Don't be a 5 years old pok pek pok pek on who starts first.

Bhd. can buy from Sdn. Bhd. Who owns the Sdn. Bhd. ?
Sometimes hv to really check the bottomline and compare to the peers.

Anyway, the answer is corporate credit profile.

If u guys thinking why i'm not sleeping yet; the answer is i'm prepping myself to make active income tmr.

But it's chicken feed if compared to you big boys here.

Estimate L1-7.5% pull back, L2-12.5%pull back, L3-17.5% pull back. With margin account, u don't hv to park ur money there. And your T2 don't start until it's matched. Maybank allows Today and Good till type of buy queue. So, leave it there la.

There is ONLY ONE reason to create a panic sell. I was prepared psychological of secenarios like that. Don't miss that opportunity.

Scary part will be a pump and dump syndicate in the making...And if it is, have u seen ARBB price rocketed like carimin or dayang? All these counter; even AFTER PUMPING, PE is still below 10...
what a well played value trap.

Some says, it took 3 years to create a scheme like Dayang. I don't know how true it is. So for ARBB, let see what happens 3 years later. for 300% increase; I won't mind the wait.

YESSSSSHHHHHHHHHHHH.

ok, do you know there are listed company where the only reason they are there is to just accumulated loss? They hv no debts but they pile up a bunch of accumulated loss.

How many of you people here are aware that...these accounting "losses" is actually worth something? Surprisingly, it's sale-able. You would be dumbfounded to hear "My company accumulated more losses that the other company. So, my company should worth more than that company".

Next question, do you know that there are some Sdn. Bhd. .... Every year report these revenue dunno come from where; COGS dunno pay to who. Balance sheet in the green. When time is right, the company is sold. Whatttttt forrrrrrr...No joke bro.

In this world; we make the rules. What we can do is only limited with our imagination.

I always set a pullback queue for technical rebound play on my bullish counter. Hit all 3 levels of my queue.

The question is why I don't put everything in is because, I can't be always right. Hence, has to limit my exposure no matter how much I like Armada. But I will be quite right there will be a technical rebound somewhere during a pull back.

That's like pak tua except pak tua do not keep any shares.

so next playbook is wait the next wave will past 50sen like how it sail past 40sen before a another pullback at 58sen. If good QR + Claire annoucement. Blow past 65 with no pullback.

Strong cashflow with 55% kraken gives 70mil profit. QR with 88% of kraken gives how much more profit? To make it sweeter, additional RM1billion CASH.

I think I can sleep quite well with that 2 news coming my way.

One claire announcement. Worth 15sen. Anytime now until next QR.

and I will tapao another 6 digits. hehehhee.

Chris Khoo,
1)PE 2 IS WHAT HAS MATERIALISED and it is trading undervalue with what it already has and not what yet to come. Learn the difference. If u r the type of idiot that argue, low PE means business prospect is not attractive. I will agree IF there is a drop in EPS from previous and the price drops even faster. In ARBB's case, what drives the PE down to PE 2 is tremendous growth of EPS for last 3 quarters and market has not realize it yet.

2) The RM160mil orderbook is those ALREADY SIGNED. 25% margin = 40mil into retained profit. Current market cap is RM80mil, after adding the profits; you are looking to be market cap of 120mil.

3) I put zero value on their MOU this and that. Total worth of MOU is RM1.46 bil. Conversion 10%, RM146Mil into orderbook will be bonus to existing RM160mil orderbook. I only focused on what's signed and wat's translated into revenue and profit. At the moment, it translated into EPS 5sen. Rolling PE 18sen. Which translate to PE2. If it goes to PE 6, RM1 is not impossible.

4) Some say it's trade receivable. Can't collect money. First, 90 days to 180 days payment term is very common. Quarter to quarter, you can see trade receivable slightly increased in balance sheet and a chunk trade receivable in cash flow statement. Rule of thumb calculating how much money they collected will be (trade receivable,Q1 + increased in trade receivables, Q2) - trade receivable, Q2 = Amount of cash collected. If you are lazy to do the math, let me show you...

(trade receivable,Q1 + increased in trade receivables, Q2) - trade receivable, Q2 = Cash collected.
(RM17.74mil + RM14.48mil) - RM16.5mil = RM15.72mil. ARBB are able to collect their payment.

Like I say, this company was bought over by a tech company to save the listing time and cost. How many people here are aware of this?

Do you u know what's the benefit of buying a company with accumulated loss? Leave it to you guys to think.

and Ncm88 are you aware of this corporate exercise?

rainmaker is correct.

To list a good business. It will take 5 years and alot of ding dong with SC and underwriters.

The fast way getting a company listed is to acquire dying listed business, and use it to buy the profitable business. And report QoQ 4 digit growth. Once the conversion of preference share completes; it will rocket. Can hold for next 2 quarter and if the MOU and Contract materialise and converts to revenue. Else, you are right...it's a con job.

hahahaha... it's more like these fund managers and operator doing the bidding for those who already entered since 15sen. =D

I'm crazy...I like this stock

half portfolio here.

the other half play technical rebound

volume very strong...quite stupid for people that panic sell yesterday...Wonder if they ever learned anything. TA is meant to f*ck you up.

Operator easily break support if the queue isn't there to collect more...Queue and sell also themselves. Ofcos they decide what's support and what's resistance.

Should sapu everything they sell queue siap siap.

Exciting to trade Armada. Alot of action. I likeeee...hahahahhaa

Sell down is good. Match quite a few from 42c, 40c, and 38.5...

Technical rebound gain 5 digit, yesterday alone. Good. Very good.

Queue at 38, 35 and 32 sen next.

Keep left hand pass right hand.

Dunno who, keep selling. Got so much share to sell.

How did u make ur calculation?

Total Trade receivables on Q2,19 is RM24Mil, Q1,19 is RM21mil. They just collected RM3mil at least for last quarter. And cash generated from operation was RM2mil in cashflow statement. Sooooo...they do managed to collect money.

Not much but got.

JN88, fundamental analysis is so that you sell when a counter is overvalued. And buy in if syndicates operates in their favour. E.g. sell down to shake off weak holders.

Today, about RM257mil exchanged hands. A good question to ask is who is selling? Who is buying?

a real syndicate profit taking is subtle. There is no need for them to plunge the price.
Just slowly sell everything and sell everything higher. Let market decide to continue to go up or down.

This....this is more to shaking off the weak holders for more collection. Just I don't know if they manage to get the quantity they like... Else, they will press the price and go sideway until they get the quantity they want.

Total asset growth is crazy in last 3 quarters. I think this company has been taking over for new business ventures. Very profitable with good margin.

"He added: "It was the speed at which it was done, and the fact that they are utilising Norwegian aircraft that suggests this is quite a significant event - the haste and the pace to get people off.""

https://www.bbc.com/news/uk-scotland-north-east-orkney-shetland-50134399

And ENQ.L/Enquest Price :
Enquest Plc
LON: ENQ
17.43 GBX −0.52 (2.89%)

If someone is selling; then someone is buying.

I hope whoever that's pulling this off. You make quite alot today....
So, next high please. =D

If Enquest really going pokai cannot pay Armada. Can you explain why Enquest listed in London Stock Enchange hardly budge?

https://uk.finance.yahoo.com/quote/enq.l/?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAC6N_HPBqIUesfw2ZuT42g6C6YEskbe5mCLPdoO3KHl-kHQyX0L8Gd5WMMB-Kbm-8Dt1YKhRPZXNlSOYvxYwx4854m9FaCUtDYWqZsuOv1PEF-TF4TO_SlfKIbRZ-oQ35d1sqRSk9d_nlcL6NFDKNFCF5Nlei9br9VbNBuvG_Hl7

This one more like hot money sold half at high, and use the other half to tank the price to buy back.

If they don’t get the quantity they want, they will left hand pass right hand.

Short today are no ordinary IDSS.

Geco one day made all that he lost. How about it? =D

They took the opportunity when the buy queue subsides....
That's the problem when they legalize IDSS...

Anyway, it was a move well played within boundaries of what's allowed.

waiting for ckca, geco and johnchew appearance...Or maybe they already appeared with different nickname.

Sold at 50c and short at 50c...that will be making 2X profit...

oppsss...I said smtg that pisses somebody off...Sorry guys... =D

=D

S. Panda, my anniversary was 40sen. Lost almost 6digit when drop to 15sen.

Now....hehehhehehe...

Why you buy is very important. It will be the same reason why you sell.

I buy because impossible for a company with RM12B asset and RM20B orderbook to trade at 15sen or marketcap less than RM1B; just because they have some issue with settling current debts. To me, that easily financed.

Bank would not bankrupt it and loss the opportunity to make a % off RM20B orderbook from interest. They sure refinance it. Just matter who and what terms.

It just become slightly unfavorable to Armada. If yinson can trade at PE40. Then for Armada, trade at discount of PE15 because unfavourable financing term. Okay! Not PE20-30. It's really fair to ask PE10-15 at EPS 6sen. Armada would at least worth 60sen-90sen. That's a huge discount if compared to Yinson.

That's why I say people invest in Yinson should come over. To make another 10% from Yinson will need it to trade at PE44. Armada PE is around 8 with FY2020 Annualised EPS 6 sen. For armada to make another 10%; market will only need to trade at PE8.8.

IS PE8.8 over value? Seriously guys.

Research house punt at Yinson is for retailers to support their @ss. Ask yourself, does it make sense for a company to trade at PE44? Alphabet/Google, company that's into tech with bright future, with alot undeclared tech revenue that hasn't materialise yet, only trade at PE25. Who ever buys Yinson; you really don't know what the hell you are buying. Stop believing whatever research analyst writes. They are like anybody else; writes with their own bias and agenda. It's for you who reads it to make your own judgement.

tmr panic buy to chase 55sen

when it breaks 50sen, it will go all the way to 55sen.

kasi pecah itu 50sennnnn

Looks too good to be true....Yes....
wrong also stay where it is nia loooo. Or maybe lose 10%.

But if it's trueee....Jiak bo liao...

RI for ARBB with over subscribed by 141%. Someone sapu RI heavily.

Current PE at 1.8. If the ERP & IOT business is legit; this is a multibagger man...PE6 is RM1.20, PE 10 is RM1.8.

Someone is collecting heavily all these while.