Based on the last quarter results and the analysts comments , the fair value of this company should be around 0.18 - 0.22 .
If the company can give a better results and keep on getting contracts , we can just buy and keep , it doesn't is 0.18 , 0.19 or 0.20 . If dropped to 0.15 , just reserve some funds to double average down .

Fair value should be around 0.28 - 0.32 .

If the share price is 0.005 , the most you can lose is 0.005 per share . If the share price is 0.325 , the most is can lose is 0.325 per share .

For the case of Armada , it won't drop to 0.005 overnight and it will also won't drop to 0.05 within one or two weeks unless it suffers a huge loss of 2 or 3 billions again for this coming quarter results .

Based on the analysts comments and up to last quarter results , the fair value of this company may be around 0.18 - 0.19 .

Some investors just can't take it if they buyers at 0.325 and the p dropped to 0.265 . What is more important is to decide whether to average , to cut loss or just wait and monitor .

Since 99.99 % If not 100 % of i3 investors do not believe the shares price will not drop to 0.005 or 0.01 or even 0.10 , what worry so much . 0.31 , 0.0315 , 0.30 , 0.285 , 0.29 or 0.32 and so forth , just buy and keep and sell when the shares price hit your target price . Just average down if you think it can go up . Just sell or cut loss if you think the company is going bankrupt .

Armada rebounded 2 times with 50 % gains within 5 months . First round rebounded from 0.15 to 0.245 . Second round from 0.185 to 0.285 .
If you invest 100k , after first round , became
150 k . After second round became 225 k .
If you can get third round rebound of 50 % , then your investment become 337.5 k . After fourth round , your investment become 506.25 k .

Hopefully it drop to 0.005 or half sen , 100 millions shares cost only 500 k . Keep for one or two years , when the shares price hit RM 1.0 , then become 100 millions .

Hopefully it drop to 0.005 or half sen , 100 millions shares only cost 500 k . Keep for 1 or 2 years , when the shares price hit RM 1.0 , then become 100 millions .

If all the retail buyers stop their trading for one month , then we may be able to see a clearer picture of the movements . The authorities also can see clearly .
Stockists A to B , B, to C, D, E , then C, D E, to F , G ,H . EPF account 1 to KWAP , then to EPF account 2 and so on .

Now the trend is even worst than before .
During 1996 - 1997 , more than 2 millions active cds traders . The sharks also can not control the movements of the shares in the way they had planned .
You can imagine if 2 millions traders , each one buy A minimum of 1 lot ( 1000 shares per lot at that time ) , it means 2 billions shares traded .

BJCORP ( formerly known as Berjaya Group ) , during 2004 - 2005 , its shares was trading in a boring way like Sapnrg and Armada right now .

Sometimes around 2004- 2005 , BERJAYA GROUP was traded around 0.10 - 0.15 . Later its shares price shot up to 1.50 before 2008 .
After 2008 Subprime loans crisis , its shares price dropped to below 0.50 .

But its shares price rebounded to around 2.0 before World Cup June 2010 .

The movements of the shares price are very much depend on the performance of the company and its future prospects .
If the company is performing well and will perform better in the next few years , its shares price should move up . But if a lot of shares still in the hands of retail buyers , they will take longer time to shake off the retail buyers .
Any how if the company is too big to fall
( at least in the next 2 or 3 years ) , and the share price is trading at the historical low , it should be ok to us . Unless the results are very bad for the next few years and wiped off everything .

Hong Kong stocks exchange , HSI dropped from 16,000 pts to around 8000 points during 1997 - 1998 financial crisis .

Many Africa countries's government have better views about the world's futures and the trend in the future .

G Soro can beat UK central bank ion 1990 - 1992 . Can beat Asia Central banks in 1997 - 1998 , but the can not beat China . HONG KONG was lucky become of CHINA'S support .
China's Foreign Reserves were less than USD 500 billions in 1998 . Now China has more than USD 3 trillions . Few years before , CHINA had closed to USF 4 Trillions .

Before year 2005 , CHINA's GDP was around 2 Trillions , lesser than ITALY .
NOW CHINA's GDP more than USD 13 Trillions based on nominal value or current exchange rate .
If based on Purchasing power , in year 2015 , CHINA had over taken USA . Based current GDP
of USD 13 Trillions and growth rate of around 6.0 % , GDP is around USD 800 billions , 3 years = 3 x USD 800 = 2.4 trillions , which is almost equivalent to the GDP of UK or FRANCE .
It means every 3 years , CHINA can create a UK or FRANCE .

Sometimes during 1840 , opium war , CHINA'S GDP formed around 33 % of the world ' s GDP .
During 1995 - 1996 , USA 's GDP also formed around 33 % of the world's GDP .

So , we can follow the step .

Based on the Audited Accounts for year ended
31 Jan 2019

As at 1 Feb 2019 , Indirect interest

Tan Sri Shahril 1,007,545,000 shares

Acquisition. 1,640,605,000

As at 31 Jan 2019 = 2,648,150,000 shares


Direct interest = 37,812,000 shares

Acquisition. 131,353,000

As at 31 Jan 2019. = 169,165,000 shares

China's government is smart , they don't open up their shares market 100% at this moment .
If they listen and follow what the mat salleh say blindly , their shares market will become ATM of mat salleh , every 3 to 5 years , the mat salleh will take away few hundred billions , better than import duties imposed by President Trump.

China's total average daily value around
RMB 400 . Sometimes in June - AUGUST 2015 , the daily traded value more than
RMB 2 Trillions . There are many high growth companies .

SHENZHEN market alone should be around RMB 22 trillions .

In long term , as long as economy is growing , its stocks market should follow .

Over the next 5 or 10 years , CHINA STOCKS MARKET should be higher .
In year 1990 , total market capitalisation of SHENZHEN was around USD 1 billion , now more than USD 8 Trillions .
In year 1956 , Djia around 500 points .

Call warrants issued by MC QUARRY mostly out of money especially HSI PUT and CALL warrants , all the same .
Hong Kong stocks exchange has better governance on the call and put warrants .

Financial crisis in 1998 , KLCI hit lowest 262 points ,
2000 Dotcom bubble below 900 points

2001 , 911 attacks KLCI below 600

2008 Subprime loans , below 700

2009 March , New PM 1300 points

2015 August , 1MDB , deputy was sacked KLCI 1500 .

Even Scomi rebounded from 0.04 to 0.14 . Scomies rebounded from 0.045 - 0.14 , KNM rebounded from 0.08 to 0.22 .
ARMADA and SAPNRG can not be as low as what they have done .
The only thing is shares paid up very much bigger and to many retail buyers are holding . The sharks need more time to shake off the retail buyers .

If they press down the price to 10 sen or 5 sen , we shall be very happy .

Hope and wait for them to press down the price to 10 sen or even lower as soon as possible .
But they won't .

As a retail buyer , we are having disadvantages due to we are lack of some crucial informations and also late access to the informations , so we may be misled by the informations available in the market .

Sometimes analysts change the target price few times within a quarter even before the announcement of the next quarter results .
Sometimes analysts change the target price by changing the PE from 20 to 12 even the results almost the same .

So for retail buyers who wish to buy or invest in blue chips , they may have to wait for a longer period , May be 6 months , may be a year or may be 3 years or even 3 -5 years or may be invest when a financial crisis happened ? Just like MAYBANK dropped below RM 3.00 when KLCI was @ 262 points in 1998 , subject to you have available funds at that time and brave to invest .

TO invest in blue chips. With a PE of 10 or less than 15 and with a dividend yield of 4 - 5 % should be ok .

One of the main theory in Economics is the Supply and Demand . The price of goods will adjust accordingly . When the Supply is higher than the demand , then the price will goes down . When the demand is higher than the Supply , then the price will goes up .

Similarly when the company's performance becomes better and with better future prospects , the demand will increase and the price will goes up . During a short period of time , May be one month or three months or even longer like 6 months , the shares price will fluctuate up and down , sometimes higher than its fair value or sometimes lower than its fair value , it may be due to manipulation or other reasons which we don't know . But ultimately , the shares price will reflect a more relatively true and fair value .

Some retail buyers would like to say we only invest in blue chips . Some may think blue chip is definitely good even if the share price is at PE 50 or even higher . Some may even buy a blue chip counter with PE of 60 or 70 times with a dividend yield of less than 2 % and put all his money in one shot . A PE of 50 times means you need 50 years to recover back your cost of investment ( assuming the company's EBITA is constant every year for the next 50 years) . A dividend yield of 2 % means you receive RM 200 for a counter with share price of RM 10.00 .
So if we want invest in blue chips , we may have to buy at different times and different prices and we need to keep track of the company's performance .

If a blue chip counter with a PE of 5 at RM 5.00 , its latest quarterly results jumped 4 times and the price sharp jumped 4 times to RM 20.00 within one or few months , should we jump in to buy ? Can we determine that the company can maintain its EBITA in the future . Example like HENGYUAN , HARTA , PMETAL , PETRONM and others ?

Retail buyers always face a lot of problems when they want to make shares investment decisions .

Which counter to buy ? What price to enter ? Average down the price or cut lost ?

Should I take profit now , or add more ? Diversification ? Invest in one or two counters , or invest in 10 counters or more ?

Should buy blue chips or penny stocks ? Buy a counter with high PE of 40 or 50 times with high growth rate ? Buy counters with high NTA , or high dividends pay out or high dividends yields ?
And many other questions or problems .

Some investors prefer blue chips , some prefer penny stocks . Some prefer to chase high and sell higher . Some prefer to buy when the share price sharp drop and hope for rebound .

WARREN BUFFET says the first factor to consider before you invest is make sure you don't suffer losses and the second factor is you must remember the first factor . He also explain what is the meaning of INVESTMENT . He says Investment is to buy a counter at a price below its fair value or the better is buy at half price of its fair value . Don't buy a counter which you don't understand . You must do your homework , you must be patient and you must be brave when other people are affraid . A big portion of his funds invest in few counters only .

As a retail buyer , how to invest in shares or how to trade shares ??? Should we dump all our funds to buy one counter only or should we diversify our investment ? Should we borrow money to buy or only use a portion of our funds to buy or invest ? Should we buy blue chips or good fundamental counters ? Should we buy only penny stocks ?

You are welcomed , just a share of my view .

Sometimes we may not be able to buy at the target price we wanted . If all all retail buyers do not buy at 0.20 , the sharks won't be so generous to sell to us at 0.15 . The more the retail buyers buy , the lower the sharks will press the price down but to some extend they are reluctant or not able to press down further .
What retail buyers can do is buy 10000 shares @ 0.20 , and wait for some time , May be a week or two weeks or a month , it depends .
If no fundamental changes , and the price drop to 0.175 then we can average and buy 20000 shares @ 0.17 - 0.175 .
If no fundamental changes and the price drop to 0.15 , then we may have to buy 30000 @ 0.15 .
We can average down the price subject to 1) the company won't go bankrupt . 2) the company is too big to fall .
3) the prospects of the company will be better in the next one or two years .

Should be buy at 0.20 , sell at 0.40 at anytime within two years , can make 50 % return in a year .

Buy at 0.15 , sell at 0.30 at anytime within a year , make 100% return in a year . If sell at 0.30 in two years then make 50 % a year better than fixed deposits around 4 % per annum .
Buy at 0.20 , sell at 0.30 at anytime within a year , can make 50 % return in a year . Buy at 0.20 , sell at 0.40 at anytime within a year , make 100 % return . Buy at 0.20 , sell at 0.40 at anytime within a year , can make 50% return in a year .

Armada and SAPNRG are leaders in oil and gas industry .

Sometimes in March 2014 , when KNM was traded around 0.47 - 49 , analysts gave a target price of 0.41 and recommended to sell KNM . Instead of drop to 0.41 , KNM's share price was
Pushed up above 1.10 within 4 months .
There are many similar cases .

If the price of crude oil can sustain above USD 70 or even higher than USD 80 for more than a year , I believe we should be able to enjoy our life .

How fast and how high the shares price will go mainly depend on the performance of the company . The performance of the company mainly depend on the management of the company and the price of crude oil .

Even Sumatex is hovering around 0.01- 0.015 , THHEAVY hovering around 0.05 - 0.06 , SEACERA from more than 1.0 dropped to around 0.155 and rebounded to above 0.35 , later dropped below 0.17 and rebounded above 0.35 last few days dropped to 0.24 , now hovering 0.19 - 0.20 . With financial difficulties also can jumped up and down few times because they want to distribute to ret buyers .

As I mentioned before , RENONG was pushed up from 0.30 to above 3.0 from Jan 1999 to August 1999 . Later RENONG became UEMLAND in 2006 , it's shares price was pushed up from below 0.40 to around 5.0 from March 2006 to some time before July 2007 . Again UEMLAND became UEMS , from Jan 2010 to end of 2013 , it's shares price was pushed up from 0.50 to more than 3.50 . RENONG group was the aircraft carrier in KLSE during that time .

InvestorKing . That is why the sharks dare not to push down the price to 5 sen or 1 sen Or else they themselves will go bankrupt

Allocation of funds is very important . Funds managers always allocate different amount of funds to different groups of companies .

Maybe we can recall the shares movements of few counters since December 2019 , CARIMIN from 0.24 to more than 0.90 around two months .Dayang from below 0.60 to 1.60 , IFCAM from below 0.25 to 0.49 , PENERGY from below 0.40 to more than 1.0 .
So we observed that the sharks normally accumulate when the price is at historical low range , when they accumulate the Will push and dump within a tight range so that the retail buyers will feel boring and give up . Once they have accumulated enough and the company's performance become better , they will accumulate faster and shares prices will go up faster and faster .

AMLATFPUA = Anti Money Laundering, Anti Terrorism Financing and Proceeds of Unlawful Activities Act .

Two main factor in shares investment are patience and do your homework .
If you have done your homework and you know the shares prices are undervalued you can accumulate and wait patiently . Ultimately if the company can perform better in the coming years , the sharks have to push up and the funds managers have to going in .

The way of " GORENG " nowadays has totally been changed as compared to the years 1993 - 1997 . During that times , the settlement period was T + 7 , few millions retail buyers jumped in and jumped out . Share prices limit up few times in a week . some counters from 18.00 limit up became 23.40 and limit up again became 30.42 .
Banks had given a lot of margin accounts , authorities also more lenient , sharks simply Goreng , no AMLATFPUA , . 1998 financial crisis in Asia , many were knocked out .
Maybe we can think or look from the other angle , if all retail buyers are holding total 30 % shares of ARMADA which is around 17.62 billions , and the sharks simply push up 10 sen on Monday I.e from. 20 sen to 30 sen , and all the retail buyers sell the 17.62 billions to the sharks . Next day , Tuesday , the sharks sell back all the 17.62 billions to the retail buyers at 20 sen again , so the sharks loss 1.762 billion . Next day I.e Wednesday , the sharks push up the share price from 20 sen to 30 sen again , and all the retail buyers sell back all the 17.62billions to the sharks at 30 sen again . So th sharks loss 1.762 billion daily until the sharks go bankrupt . Later another group of sharks come in and do the same thing as did by previous group of sharks .
So all retail buyers will be very. Happy . Would it be happened in this way ???

The major shareholders , fund managers , and the sharks look down the retail buyers because they know the retail buyers mostly are panicky .
All the AH LONG sometimes should consider to take control of these type of companies .

If shares price dropped to 0.01 , total market capitalisation = 58.73 millions , 51 % = 29.369 millions , If 30 retail buyers each contributes 1 million , can take control the company . Or 300 retail buyers , each one contributes 100 ,000 also can control the company . Later appoint 10 members become the director and each one take 1 million pay , 3 years can recover back the cost of investment .