keep holding and accumulate when retrace, downside very limited, upside is huge.. all you need is trust that oil market will stay good towards next year

when i say good, means >60usd, at 50+ is ok but hope it stays above it

https://www.fircroft.com/blogs/the-fpso-market-is-headed-for-a-boom-92271584143

last qtr 3.6m only, highest past 4 qtrs is 5m, lets take 4m as reasonable profit, add 1.5m then 5.5m lor

6m per annum how can get 2m per qtr.. adoiiiii

so dont miss the ride

i already take that into calculation, 5.5m is a fair earnings for coming rpt, pe18 price .70c

still not drop below .21, fund not disposing, good signal

now is time to buy

oil will ups and downs, when up sell, when down buy

.585 already, those sold early morning .575 now regret, then .60 coming liao, more regret

growth can see clearly just hold it and accumulate when drop

no need queue, just buy mrket price, 1c or half cent small amt only

but if market continue drop, so hve to wait loh

last day to buy below .60

the only prob vol is very low, hopefully when qr out, it will increase

if you bought at .65, its a 5c + 2c div, total 7c in less than a month

its 2c div ex 29th this month, qr might be on 28th, based on prev 3 mths forex, usd is stronger so earnings will be equally good qoq

easily .70 when qtr out

qr will not be so good in term of profit (maybe 5m or less) but for sure will be better on qoq and yoy

however superpanda is a panda with special ability to trade in market.. lol

panda sadly not equal to monkey / chimpanzi or orang utan which have better brain

But coming qtr for armada should be worth 70m.. lets wait

Need to wait end next year only can see if trump will be elected again, i hope he will not. So by then, market will see ups and downs

The 2020 United States presidential election, scheduled for Tuesday, November 3, 2020, will be the 59th quadrennial U.S. presidential election. Voters will select presidential electors who in turn on December 14, 2020,

tomorrow 15th, no time already, tomorrow sure break .60.. after qtr out .64 is easy

since its debt free and 40% discount on book value, i think still worth to buy at this point..

if you want rm1, must ask fund to bring up to pe25 lah

.70 @ pe18 quite reasonable if post 5.5m

it has to be profitable after few qtrs of bad decision, if not, will move to nowhere

coming qtr will not be so good bcoz utilisation not up to max, still have rigs without job

it just need one announcement of contract win this year then it will boom

wait end mth after qtr out then you can see the real vol

dont look down people, a contest being done between chimpanzi and stock analyst, chimpanzi wins

no more below .6 after qtr out, so dont miss the ride to .70

remember our forecast profit is 5.5m

what will be the price if 4 consecutive qtr post 70m profit?

projected 70m earnings coming qtr rpt, will have 2 consecutive profit quarterly and might be the same till end year

.09 cannot break how to buy 0.05

price still stay .09 which is good, anything below .09 is a bargain good for those still have cash

but bursa now bearish, break 1600 pts, may cntinue down

oil below 60, sentiment very low, so its time to collect and accumulate

the correct way is .57 buy, .56 buy and all the way down buy, remember our vision 2025.. sure win

based on projected revenue, it will turn to profit next year.. coming qtr will still in red due to low usage of osv, but will be good in maintenance

along the way is roller coaster ride, give investor opportunity to short trade if you know how to in and out.

for long term, just buy at safe margin and keep, be patient

then next week we celebrate krono 2025 countdown to 1b in revenue..

before raya come join me tomorrow morning 18 hole bukit banang golf country club

play with japanese expat

what do you understand when i said corporate exercise on debt matter? referring to daily8 comment on debt default

No need to hope, its firm... min 70m.. finger crossed.

those whom late trade velesto must know thats corporate exercise been done on debt matter when still under name umw o&g

.59 matched, new ave .579, if down below .58 buy again

every counter i go i see lack of appetite to buy when price at low, maybe many were hits by prev sell off

but somehow i see many will excited to buy when price going up, its not a right or wrong method but logically when low we should buy more

son and mother at 6 mth low, those trap at high side hve option to ave down or just hold

but for those new entry, mother rm1 and son .32 are good price to enter

it has been 5 yrs of bad o&g sector, so it wont take few mths or a year to settle, give her time and have patience..

good morning friends, you must know that when armada posted loss with impairment, operational was still profitable at 70m..

prev qtr 60m is slightly below that due to lesser rev from TGT vietnam, kraken and low osv utilisation

coming will see improvement in those area, earning forecast will be >70m..

when rpt shows 2 consecutive qtr with profit, that will be huge catalyst for armada prospect.. jst imagine if by 3 qtr earning up to >80m or 100m.. what wud be its price then?

queue .59 sure can get in the morning, .58 mybe can mybe cannot... time is running out.. mon is PH

must remember from Apr-Jun, hkd, sgd and usd at strong side, every 1% forex gain, will in increase 100k profit

nevermind red.. most important coming rpt must be green, if not then jialat