it hard to say what would be the support price, in my opinion it need to stay above prev lower at 36.5 before next quarter out end nov

consolidation is normal, no chart goes straight line.. there might be profit taking along the way and usually end year is weak market same with last year

if short trade should buy when it was .09 and sell at .11, if you have 0.5m, that already 10k profit

bal 2 qtrs may stay red as informed but next year sure back to profit.. along the way might have surprise

vol increase up to 12m now where as prev days and weeks just 1-2m and ave around 5m

if trend continue might reach 11c

paktua this couple days everyday singing profit tunes.. congrats to you !

i earn few k’s at dayang when short trade from 60c to 80c but after sold, it break rm1... i dare not to buy back but now it has become 1.90..

short trade cam earn but its hard and cost you fees (try to calculate how much it cost for a year if you actively short trade)

buy at possible lowest and hold when it have growth prospect, is one of the strategy to make money in trading

i do short sell sometimes but find its hard to time the market and used to lose than earn.. and will feel very bad when after we sold, it suddenly goes up until 100% gain

long trade at armada new ave at 24c now 45c.. btw only monkey call other people monkey

short trade spend much money on transaction cost and cumulative earn peanut.. this what uncle k why why said

so stick to your reason why you should buy and hold for bigger return

until new contract news arrive and 1st profit reported, this counter only play for goreng like happened before

just ask yourself what would be armada price if the next 2 qtrs >80m with eps >1.3?

look at dayang, carimin, knm, petra and uzma when almost 4 qtrs reported with profit and reduce its gearing with corporate exercise and increased cash flow.. below are current gearing for o&g related stock that rose almost 100%

dayang - 0.93
uzma - 1.16
petra - 0.8
knm - 1.43
carimin - 1.28

armada ratio still high at 3.5 (thats why it price 4 times lower than rest) but investor will look farther based on its potential to improve its debt ratio

its totally different with perisai, barakah and icon where operationally not profitable, will take more time to back to profit (we can play them next year)

rr88 is jealous bcoz he dont hve armada shares.. we knew he didnt bcoz me, mabel, mike and rest like, raider, icon, leslie, rj87 and IK and many others been here for quite long..

then will be back to 48-50c just like when dayang drop to 80c and now 1.90c

i dont think so, tomorrow will up another 2c at least

just hold for another 2 mths

it will become >40c when ecrl tender news out

a loss stock can rebound, profitable stock cannot? give another 2 qtrs and see what it will brings, if nothing then moves on

6 wks rally up 150% money on table, for sure some cannot hold the lure.. but the other some is looking far than money on table, they want to win the house

when dayang made the 1st profit nobody cares, then when 2nd profit out, market start to react and when 3rd qtr out the jerung comes in...

as you know jerung have calculated at front their chance will eat all the bilis tickets and bring it further up until other bilis hand cannot hold from buy

look at hy, jaks, masteel, lionind, vs and the list goes on..

this is the dog eat dog world, the weak will be eaten up and the winner will go back home fxck the prom queen

dont worry, we have another 2 qtrs with bright prospect, just hold

yday test for its strenght and if tomorrow continue up, 50c will break again next week

if you confident o&g will continue recover and getting stronger in work order and contracts, you should stick with o&g that have strong survival rate (where downside risk has been managed)

and at the same time oil price dont dive deep and prolong

https://www.theedgemarkets.com/article/oil-prices-rise-opec-mulls-deeper-output-cuts

ive been observing couple o&g stock that moving against the trend where others o&g drop or correction but these stock continue rally up even when bursa down

what that tells you? it can be goreng for good or goreng for bad.. and in case of armada, which more suits you prefer... its always your call

oversold stage for wks, how to explain on chart? never correction and one time correction drop more 20%

this is crazy stock and only crazy people dare to buy and hold since its lowest .14

if looking candle and chart, i should have sell at 30c

seems like yday case forgotten already, at current time and price, closing 43-44 is very good result

crazy colume, very strong buy

from 38 yday now back to 44

correction phase done, vol still looks strong, if this persist, possible will touch back 50c

next qtr rpt abt 6 wks from now, lets discuss what would be the risks it could posses?

then what would be the opportunity may be arise..

wow.. motivation song.. wish pak tua making money here too.. alam is next target, then we go back to reach next year

they scale down osv from 39 to 30 and to focus on oic and sub sea segment.. shifting for better prospect business since many msian offshore asset already 35 yrs old

im accumulating alam maritim at .09 and .095.. many wont buy this now bcoz TA not attractive but i do believe it will go up soon (i dont know when, possible within 6 mths, quite sometimes but i know it will do)

sometimes we loss, sometimes we gain, important overall must gain and when it gain, should be happy

condemn people would not brings you money.. but doing research, observation, patience and discipline will make you a good trader

end year sale season, means time to accumulate

matched some at .43, ave still below 25c

3iii should only eligible to appear here if it down back to 21c

if follow him throw, i would be loss 5 figure

seems strong vol, somehow cannot resist to ave up : ) so queueing now

this stock has basis, just look at the revenue for the past few qtrs, been increasing

it will come no surprise if it will back to green.. just about time

when it happen to a super cheap stock like this, 30% rise in single day trade is easy

if today can stay green, then one good sign... if tomorrow continue green, then very good sign

john chew and ckca will appear soon

my advise would be not to be so excited in the morning trade, let it find its way for today till rest of week what will be the direction

but for shorties, their game just restarted

epf was holding 5.45% before qtr out and latest is 5.6%, i cant see epf real intention, dispose or accumulate, my view is neutral on them

but having the price rose >100% after qtr out and good news, id never expect it went this high..

for me price between 30~40c is fair value considering the party doing pumping ave should hold this range of average

id would rather wait till end of the week to add or to sell some

sometimes we cannot be too greedy...

im the one that having that 21.5 ave

its up from 21.5 till 50c never stop, if your ave at .21, at 40c still earn almost 100%

rally too long already, time to do correction

wow.. panic sell

today is the anniversary price .50, the day i started buying armada, i didnt cut loss when it down bcoz i believe its recovery but its impairment and debt was so bad cause fund to let it go and i suffered 5 figure paper loss

its was very painful when it down to .145, but thanks it paid off now

lot of people now jealous with armada same when when dayang went up

moral of the story, dont jealous at others and have trust in yourself of what youre buying (but must do research why you need to buy them)

of course if you buy at high, must always set your cl

keep till end dec

collecting and accumulate WB at .375... gbgaqrs is one of the party that high chance to secure ecrl package