it will be profitable for sure, >20m

last warning before qtr out, a loss qtr now almost 100% confirm based on carimin, penergy and latest armada rpt

averaging down on downtrend outlook is a waste of capital, you will stuck for many months coming

another warning has out to give you the signal of another loss quarter

armada rpt out with big impairment on oms, perdana operation is now confirm would be a loss, only RI can save him

#prayforperdana

Stock: [ARMADA]: BUMI ARMADA BHD
May 22, 2020 12:47 PM | Report Abuse

all osv will badly hits, carimin, penergy already showed trend, today perdana should release and expect will be a loss too

armada may have profit from fpso but oms segment will bad + idle asset that yet to secure job until now
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“The first quarter of 2020 saw a collapse in oil prices, pushing Brent to 30-year lows. The historical low oil prices have collapsed demand in the oil service sector; thus, the group has taken non-cash impairments of RM314.4mil against the offshore marine services (OMS) business, ” it said.

predicted it right

warning has been given and now depends on market to decide where it will go

for sure it wont stay above 20c

ha ha.. very true, many have nothing to do so forum can fill the time. this is the only place where so called investor/trader cum gambler can spread rumours, talk rubbish and bashing at others
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Witty The comment here wont influence the price, small fish playing here only. Those big player not need advice here anyway. So whats the point of fighting for the price up and down.
29/05/2020 10:13 AM

last year when result green and rally to .18, oil price was >60usd

let say last day close at 90c, after div will open at 85.5c and “normally” it will go down more depends on where market wants

i will stdby capital to top up if it drop below 82c

Final dividend of 4.5 sen per ordinary share

Ex-Date 02 Jun 2020
Entitlement date 03 Jun 2020
Entitlement time 5:00 PM

Share transfer book & register of members will be 03 Jun 2020 to 03 Jun 2020 closed from (both dates inclusive) for the purpose of determining the entitlement

Payment Date 26 Jun 2020

cancel queue here and queue at mahsing, 40% cheaper with better upside potential and vol

bye

the fact is, when private offer is higher than market price, 200% sure price will rally towards the offer price to chase profit

imagine your ave is 63 now and offer is 80, you will make 17c profit a share effortless

NAPS is 1.80 not NTA, google the differences

btw, no need to hate a stock, it doesnt gives any good.

2 years back i bought a stock at 40c then dropping to 30c and i cut loss. then it drop lower to .17 and i never buy back bcoz think no hope to rebound

today the stock price is > rm1

Asia88 you need to learn that market is not abt the fundamental alone, most important is the trend and sentiment

I bought 2 days ago and has sold small portion for coffee money and still sitting at 2K++ profit now

and later if rpt turn to be green, then the real rocket will launch

i dont want to be greedy, break 70c already good but i believe would be more than that

bragging in i3 is the easiest thing to do, before raya i made buy call for gpacket-wb at .28 and sold almost 10K profit in 2 days later

out of nowhere one idiot came said sold at high for 33K profit which later found to be fake

anytime soon will resume, afternoon sure can trade

those who read me and do the study will find it hard but truth, i might become your saviour if what i predict is true

operational wise, perdana will lose money, the only income it can make for coming rpt is from the RI like Icon Offshore did

someone pls sell to me

queue buy. .805

LikeAstar, if based on the vol surge today, its worth to keep till vol down

pros to keep:
- CPO n PK price still good
- Dividen paid awesome
- price at historic lows

cons to sell:
- price up due to its parent private news (wont last)
- coming rpt 50:50 profit/loss

for me, i would like to keep but if you want to be safe, can sell half and keep half

add again .88

Jedimaster dont waste your time against the trend. My holding at BPlant which bought yday already up >10% this morning with big surge in vol. If subsidiaries feel the hot, parent should be bigger than that.

Even if it a mgmt tactic to speculate the price, its still a undervalue strong company (of course with poor mgmt). It just need to show some profit to break the sky.

31m in 35min ! more than double than the first 15min, today will break new record vol

hold on

Gamuda-we 9 mths to expire, in 3 mths become rubbish

12m vol within 15min open, prev month high 57m, if by noon can hit 35m, uptrend is confirm till early next week

Bousted holders hitting a jackpot ! Congrats.

Break 90c as anticipated ! Thanks to DKLLT doing promotion without tired. Well done.

today vol and price movement will be interesting, 40c also not impossible

and if coming rpt back to profit, real value will emerge

even if private call off, the value is there and it has basis

some stock only release news after news with bad fundamental and many call for new venture in healthcare but never happen at all

smart people should know how to evaluate between those scenario

new id with old fake comment?

e&p counter is very sensitive to oil price, if you think by end of year oil will be at 40-50usd range, then nothing to afraid of the volatility, its just a matter of time to reach the destination

same time in here we have short trader who trade against the volatility, buy at weakness and sell at high, its just their way of play to earn, im doing the same too many times, its only a strategy

most important everyone here is trying to make money, wish everybody all the best

dont be surprised if coming rpt is a loss (benchmark with others osv and historical performance on Q1)

downtrend as per petronas ceo outlook of the osv sector, all osv margin and utilisation will be lower this whole year

today very possible to break .90

MMCCORP’s earnings are anticipated to be largely buoyed by its ports operation and the construction and tunneling works for MRT Line 2.

Currently, its ports portfolio consists of PTP, Johor Port, Northport, Penang Port and Tanjung Bruas Port. That said, we do not discount management continuing their pursuit to acquire additional ports to boost their profile as the largest port operator in the country. Meanwhile, the construction progress for MRT Line 2 is about 60-70%, with expected completion in FY20. We gathered that while its construction order-book is currently at c.RM7b-8b (90% from MRT Line 2), management is actively bidding for new projects in order to meet its targeted order-book replenishment of c.RM500m p.a.

above was posted for 27th May chart, resistance R1 .715, R2 .825

if R1 broken, price will stay above .70 today

• BSTEAD gained 8.0 sen (+15.69%) to close at RM0.590 yesterday
• Chart-wise, the stock continued to close higher after breaking above 20 and 50 days SMAs few days ago, supported by higherthan-average trading volume.
• Coupled with bullish signal from MACD, we believe the stock could trend higher.
• Should the bullish momentum persist, resistance levels are identified at RM0.715 (R1) and RM0.825 (R2).

if Bousted H strong rally this morning, this stock might run a bit too, at least stay at 35

panic buy mode at open, will buy some to ave up and earn more

joke of today
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Kareemabduljabbar Limit down 42 cts

those bought earlier can watch the show tomorrow to see buy and sell fighting each other

my ave .51

80c is a very good news ! tomorrow sure will break 70c again

https://www.theedgemarkets.com/article/ltat-confirms-it-considering-taking-boustead-private

one recipe to be successes in stock market is PATIENCE and Mabel has that

serba may not be as it was 3 years back but i still think current price still undervalue

the reason for the drop is bcoz of lower oil price where the country its operates very depending on it to spur development, cutting in fiscal budget and expense might affect serba investment return and income
flow

NAP 1.85 three times its current price, bring to private would be the main reason the stock surge

To recap, Bloomberg yesterday, quoting unnamed sources, reported that LTAT, which holds a 59% stake in Boustead, was mulling to take the conglomerate that has four listed subsidiaries under its belt private.

According to Bloomberg, LTAT has secured a loan for the privatisation exercise. However, it said the discussions are still in the early stages; there is no concrete decision made.

Judging by the group’s assets, the current market valuation of Boustead, the main contributor to LTAT’s dividend income, appears to be substantially undervalued. Its net asset per share was at RM1.85 as at end-2019, nearly triple the market price.

Nonetheless, it is worth noting that the conglomerate’s total borrowings amounted to RM7.91 billion as at end-2019.

Boustead holds equity interest in four publicly listed companies — Affin Bank Bhd, Boustead Plantations Bhd, Boustead Heavy Industries Corp Bhd (BHIC) and Pharmaniaga Bhd, all of which its parent LTAT also holds a stake.

Some quarters commented a privatisation exercise will enable LTAT to tighten its grip on these listed companies.

For instance, Boustead holds a 20.73% stake in Affin Bank; it is the third largest shareholder after LTAT, which is the largest stakeholder with a 35.33% stake, and Bank of East Asia (23.56%).

Over at Boustead Plantations Bhd, Boustead is the planter’s largest shareholder, controlling a 57.42% stake as of April 30. LTAT is the second-largest shareholder, controlling a 12.10% stake.

Boustead holds a controlling 65% stake in BHIC. According to its 2018 annual report, Boustead Holdings holds the largest stake in BHIC, followed by LTAT with 8.16%.

At Pharmaniaga, Boustead holds 56.09% while LTAT owns an 11.23% stake.