good paktua, we know your style.. dont forget my recommendation at alam maritim while its cheap

end year normally weak market, if have ammo dont full in, we might see end year sale across the market

TA wise downtrend, just to share my view

those ave low might taking profit after long rally, vol has significant lower

Just buy and hold, i can make 5k now if sell at .10 for 600k shares (buyer ready) but thats not my target

i want to earn 100k here ; ) tp .20 by next 1Q20

ive seen bomoh kelapa, he said oil will surpass 65 no problem

no motivation to go up, the hope is to wait oil price rebound >65 and next qtr remain 50m

but 22c cannot be lah..

all depends on fund to support, the decide what go where

but those whom have the strenght to hold and capital to buy more can ignore the small volatility

technically if price close red today, downtrend may persist.. those buy at high should know your limit

its very important to stay above 40 coming week

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