U need to get a life. Refreshing this page every 1 min Wont help with ur anxiety.

Anyway, thanks for the kind wishes

I’m not affect by short price volatility. But I do occasionally pick an idiot and make fun of him. Especially when they pass stupid remarks.

Anyway, during any gap down on any counter...there will be idiot popping up. This is when the right time to study if opportunity emerges. And buy in. If I don’t, I reserve my opinion to myself to avoid making a fool out of myself.

Btw, gaping up or down does not change the fact if he has a fool out of himself.

_______________
ramada Armada gap down recently. So frustrated, huh?

When u can see the light. There will be no blind people in this world.

But u can’t keep imparing for the rest of armada’s remaining life right?

Bcos it takes a bloody year to have someone reply.

I think it’s a business no people gives a damm.

I did Bcos it pop up on my selection rule.

That why it feels like it’s staged.

Now, non cash losses tank the price to 15sen from 75sen. Problem is after reversal, people will also say that’s non cash profit. Price won’t recover. Say all liao lo

But not sure if it's re-valued to RM1.20. Will it report 40sen gain.

impairment is anticipated losses. Last time value it at RM1.00, but it's valued at 80sen last QR. Then will be reported at 20sen loss.

Go see hibiscus report. Buy RM2 worth of goods. Get 50 sen discount. The 50 sen discount counts as profit. Really WTF when come to accounting these days.

Yinson got enough cash to ciak armada and takes the largest FPSO position and fires all useless ang mo in Armada. That sounds like a good plan.

P.S. I'm a *find me a right word... I discriminates useless people with highest prejudice.

I still don't get why so much support for Armada. 150 million shares exchange hand with only 0.5sen to 2sen drop.

apa ini ramada? itu monyet pon boleh copy paste la.

U monyet kah?

if bad QR closes green. I guess the selldown from 75sen has priced in all the bad news one go.

Only assessment left is upside reward vs downside risk.

5 up one 1 down. Okay la.
It's better than 5 down 1 up.

I wonder what these sohai gain from trying to make people feel bad.

When down that time, talk 3 talk 4. When up that time no where to be found.
Real good use of this forum is to find out if the market price if being misplace. These pok pek fella only come punting when business ALREADY report good quarter and price went up 30-50%.

Why didn't the blog pok pek didn't appears any sooner and only after? Another type of people here are those that only appears when price already up 30% and say thank you for no reason. When price crash next day claims that sold at next high. Dunno learn this technique from which bomoh.

Felicity made good call on Airasia when it was RM1. Explanation was detailed

pearlwhite now speculates forumers profession these days too? =D

get back to work and get a life all u fellas.
Talk cock sing song here won't get u anywhere here nor anywhere in ur life.

+1 on Mike's comment. Improved cash flow. And happy that Leon is gone.
Now, who is this Gary guy. Is he another not very useful VP promote to be CEO?

U know in corporate, fellas got promoted for pu cock sing song. Not merits.

Cannot...it’s will be automatically delete...try change to h-t-t-p instead of http in ur copy paste. The. That might fool the system...

Pretty support...surprising...

People must hate Leon Harland that much.

Or they need more time to compile all the last min good news

Very unlikely to be Green. I think they hv compliance issue. They to fake a good QR but hv internal resistance.

That 1099... has no life and suffering ADHD... to help this poor soul, we should ignore him...

All his comment are controversial for the sake of attention seeking. What a twat.

Inb4, let me guess what’s this twat gonna do. First thing, google what is twat. 2nd, try make a silly comeback. *yawn...how predictable. That’s just boring. =D

Maybe only a 1/4 of what panda has. Small fish here. At least I qualify as an investor.

But do u guys pok pek have? Air?
Else, share here what u guys invest in. Wanna know how insightful u r with ur investment. That’s if u hv any £££ to be investor.

My average 32sen...plan to bring it down to 20sen if Mr. Market allow...

FPSO without full charter rate with almost no revenue can churn out 500mil revenue a quarter. Not bad eh?

U r not alone la Panda. We make good investment. We make bad investment.
We all move on. It's okay.

What's surprising is people coming here pok pek pok pek without knowing what's the objective.

There is nothing surprising for people to promote from RM1 to 10 sen. For whatever reason if u r willing to buy at RM1.00 and it comes down to 75sen. That's 25% discount. 50% discount if 50sen and 75% discount if 25sen. It's called cost averaging. For whatever that pearlwhite prove left and right are stuff that I already know since 2015. I lazy to debunk where his fallacy rooted from. Only new news was kraken's impairment. I didn't expect that.

Between counters with positive cash balance, great growth prospect, and pearlwhite totally love it with all the proof. It would pointless if it's already priced in at PE100 at RM10. I think that's even more sohai than waiting Armada to recover for another 25-30 years. I'm optimist on Armada's recovery prospect. And so, 20sen is cheap. 15sen cheaper. As long the prospect is there. Market price is a poor reflection of it's prospect.

i'm concerned with loss of revenue. That's big deal. Without strong revenue, it would put armada in very tough spot with such a huge debts. So far, armada's revenue hv been consistently above 550mil a quarter since Q2,2017.

yes. When crisis over. i wonder when will that be? =D

It's good time to find FD to park ur money there...When crisis over only come back.

P.S. khatulistiwa can take a rest for time being. Punt for freaking year not tired one mer?

moments of truth will be tmr. If it's not this QR. Should be next QR. Just matter of time.

Nice share goodluckeveryone. KEYWORD: Anticipated loss.

Armada spent whole 2018 anticipating losses. It's not a reporting requirement.
I wonder happens if the anticipating was wrong and coupled with strong earnings? Then time will tell who is the sorchai.

Anyway, This is a very good privatizing opportunity. Market tanks market price with losses that yet to materialize. And if the impairment reversed, who ever buys it over will laugh to the bank. When need money that time get from market. When make money that time keep to himself.

Nonetheless, this is still a shitty management. Even shittier if they are working with individual and other corporate institution for privatization.

I enjoy reading ur write up mikekim. It's insightful.

Please don't join 90% idiot that writes crap.

=.=“

Ini Malaysia!

Perisai no revenue, Armada got revenue.
U make comparison also pls use brain and not ass.

Armada has 4 operational 4 FPSO revenue generating asset making profit. Problem is abit too many one off non-cash impairments and etc etc. Almost like management purpose freak the market out to buy low. Later when the non-cash impairment does not materialize, then those who sold or didn't buy feel like a big sohai.

U think analyst write in the best interest of readers ar? They write for their own pocket la.
Statistically, 75% of analyst view are inaccurate.That means u bet against them 3 out 4 times u will win. They issue buy call, u KIV to sell. When they say sell, KIV to buy. 75% chance win.

Use ur brain. Look into the numbers. Mostly important, why are the numbers there.

They collect price won’t go up...but when they goreng, price will go up.

DickyMe, but Sumatec EPS nvr went above 4. Only EPS 3.5 sen once.

Huge difference bro.

not yet...

DickyMe, does this same warrant price suppressing shit appplies to all counter?

Or it’s just hibiscus? Why I don’t see u do this shit in any other counter?

PN smtg smtg will appear.

Armada normally publish on the latest possible date

Don’t be surprise if he pops up and say thank you 9month later after selling hibiscus-wc for handsome profit. Then he will say, from EPS 3 to EPS 6 for two consecutive quarters. It fits his golden rule again.

His mum give birth to him with his brain grown in the ass. What to do?

https://www.investopedia.com/ask/answers/042015/why-would-company-buyback-its-own-shares.asp

What I think they are doing is, to reduce numbers of shares when price is not that high and improve financial ratio for bonus issue again in future with hurting financial ratio too much. This way, share holder gets more share without needing to buy it themselves. That’s the best way I could think of at the moment. That’s what I would do.

What do u guys think?

Very funny that every morning, IDSS will manage to sell at 3-4sen up. And for some stupid reason, someone sells back to them after 6sen down in the evening.

@jaya, totally agree with u. Too many monkeys.

Also good, gives me more time to collect. Collect together with whoever suppressing the price to collect. Thank you.

I tot it was dividend

Reduce numbers of shares. Then, less share for the sohai to ding dong.

Miniaturised arc reactor with thermoelectric capabilities to convert nuclear energy to electric direct. Yes, oil will be for good. Until then, petroleum, natural gas and coal will be our primary source of energy.

Uncle Koon, Q1,18 and Q2,18 can’t be used as reference as includes one off profit and some good will. That’s not core operating profit. Q3,18 and Q4,18 provides clearer picture of hibiscus core operating profit. Read page 20-26 latest QR. The opex per barrel is decreasing. About usd15-20 per barrel. As long price above uSD60 Gross margin about 75%. Profit margin about 30%.

Simply ask why EPS6 down to EPS3 reflects badly on you. You didn’t read all the report didn’t you? In the earlier quarter report, they did say the oilfield are scheduled for maintainance and reduced offtakes. Hence you can clearly see reduce amount of barrels sold. Perhaps the maintenance work has something to do with offtakes.

Electricity substitute for oil. What a joke.

Oil can produce electricity. Can electricity produce electricity? It’s not even close to chicken and egg question.

Only about 20% comes from renewables and nuclear. The other 80% comes from burning stuff. And 92% of transportation is powered by petroleum. For Tesla to drop it from 92% to say 70%, if petroleum is not used for transportation, it can easily use for ELECTRICITY GENERATION.

Go get urself education man.
https://www.eia.gov/energyexplained/?page=us_energy_home

Yes, Titus. I prefer u to shut up.

For hibiscus, more important metrics of assessment should be opex per barrel and capping administration and finance cost.

How much they sell per quarter is irrelevant. More important to sell more in QUarters with good price and sell less during bad price to maximise profit.

MAXIMISE profit should be focus.

Mai alang2 liao...all the way to 60sen.

R u trading oil or hibiscus?

Hibiscus will be profitable as long oil above USD40.

Sohai parroting again.

Post removed.Why?