thats the main problem with bursa, its not weird why we are the worst performance bursa in 2019 across the globe

its all about manipulating rather than investing

the market is control by punters

buying high risk stock can be high reward or high loss, just place your bet, bursa is a kinda gambling table anyway

sell when make money and cut loss when reach your limit

if you want to follow ratio to buy o&g, i can say almost 90% of them is not fit to buy

when the price was down to 0.145, people said will be PN17, debt default and bankrupt, people like pearlwhite and superbull

now debt get refinance and price >0.2 another people come out with accounting ratios and red flag notice

if i follow pearlwhite and superbull cut loss below 20c, i will not be able to recover my loss here

when share is cheap, can have few reasons.. operational loss, high debt, bearish sector, political related or internal prob...

can also be cheap bcoz have billions of shares with low eps but business still doing well..

for me anything around or below 50c is cheap and if it can give >20% capital return in 6-12 mth it has potential and o&g are my 1st choice

i did read o&g stock list vs its debt posted by calvintaneng in i3 before, i will try to find it again and post it here for you to refer
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pepsicola1012 @superpanda , mind to share some of the cheap counters that you think has the potential ?
26/04/2019 3:02 PM

those invest late at const and tech prior to GE14, loss until underwear gone

you can buy anyone of them now, keep it, easily make money....

but the problem is... many cannot buy bcoz they were the victims of the selldown... the contra player die few times and the one left behind is those use cash and have strong capital support but still in loss

its normal for people to shout when they predict it right but shy away when they were wrong and loss big money.. of course i can be one of them too : )

in 2018 many people shout buy buy buy... now go to holland already, even very good company drop like hell

in 2019 most counter already discount >50%, no need to shout, just buy and wait, sure earn

yeah right, armada is a place to bet high risk high return, if want more safer can buy many others

can consider buy telur ayam new taiko mflour too

if you have more cash, when market down its time to buy

70% of o&g drop today, 30% either slight up or unchanged

i am also surprised how i can predict it almost right : ) thanks for re posting it

please read properly... “30% up in a day too easy”

didnt it went to 40% last wed?? its half day anyway from the announcement during noon.

its not optimistic, it was above my expectation for a single day rise.

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3iii >>>
SuperPanda
Stock: [ARMADA]: BUMI ARMADA BHD

Mar 15, 2019 5:33 PM | Report Abuse

debt regularisation plan is the biggest catalyst for armada this year, we will know by april

if the plan success, 30% up in a day too easy

>>>>

o&g counter has suffered for almost 5 years due to oil price slump... if oil continue drop below 40usd for another 1 year, nobody will extract oil from the earth.. all rig and fpso will close operation.

politically, do you think america is incapable of pressing the price down? yes absolutely they can... they can easily do it but they didnt... instead they allow the price to go up by put sanction to iran and veneuzela and taking out waiver for both country to sell oil

oil price will be good at least till mid year and possibly till rest of the year.. its just enough for all o&g counter to show improvement on its balance sheet

it is not difficult to turnaround an increasing cash flow /operational profitable account with NTA more than its debt and billions order book in hand... the bottleneck is the revenue and margin. where it comes from? all depends to oil price.

if oil price sustain, even perisai can be profitable. no need to think hard. this is common sense investing.

stock chart will always be volatile, no straight line. if you confident where the stock direction in future (based on your own timeframe judgement), you no need to react on the volatility

its hard to play short bcoz you cant always timing to sell at high and buy at low, with idss in play, it even harder bcoz small trader cannot beat them

and also hard to keep long bcoz market is very volatile, a good fundamental counter also not moving a lot...

so just follow your trading rule and buy a stock bcoz you understand where it heading to..

profit taking continue across bursa, most o&g drop in today opening, lets see can armada hold above .24

if today close lower, then the 40% rises on wed was really a game, those sold at above 27 is lucky

but for me in the long run, armada will still go up.. as long as oil price good

yes i did at 0.095
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pepsicola1012 @superpanda , did u get Barakah ?
25/04/2019 6:12 PM

buy for the oil sentiment, lets see if oil hit 80 what would happen to reach, if nothing happen, move on

dayang and perdana also high gearing but their stock risen 100%

sapnrg another high gearing, will have 25b shares with debt more than armada, their stock is >30c

barakah is one of the highest gearing, still able to get court order to hold lenders

knm call private placement, share price still moving up

i can name many cases to show why o&g is a good bet this year, its all depends on oil price.. price sustain, rest will be good

good strategy but for me 15c already a lot
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kianweng123 wait 1 month see fly untill where
cut loss 0.085 tp 0.200 for 1 month
25/04/2019 3:47 PM

i believe many o&g stock no matter how big its debt are, will surely recover if oil price sustain.. even perisai have chance to refinance its debt, while barakah and alam has been granted with BNM extension

dayang i made mistake sold too early, still earn but if i have more patience, can earn much more

i was impatient too at dufu when i bought at rm1 and let go at 1.30..

but due to patience also i loss at vs-wa .. ha ha
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pampers superPanda, last yr I once asking u if i should top up more regarding the Dayang when it was at 0.7, as I knew u studied well in OnG business, same goes to Armada, I believe if I follow u, I wont be going too wrong...haha
25/04/2019 4:45 PM

based on oil trend up and good support at 24c, i dont think can buy below 24c, may move towards 30c next week

today losers outnumber gainers, bursa red, indice most red, so for a stock rocketed 35% will have to face selling for profit taking

at 14.5c people said very high risk and will PN17 and debt default, TP 0.10 ... bla bla.. now at 24c also said high risk again

it really all depends on what type of risk you are looking at, for me the real risk is when you dont really study what you are buying

you missed buy below 20c thats why you say rubbish, to those bought still earn profit now

rubbish also can make money one

if short sellers still ok, but if operator, then different game already

vol over 400m and price will stay above .24 for today closing based on my statistical judgement

bizzybone have a very good point, thumbs up!

no more bad news, coming will be good news, so i dont tend to sell for now

the biggest hurdle has been done, cash flow increase and continue increase since oil trend up, monetise asset will give extra cash and reduce idle cost

i predict it will stay above 24c for a while

unless the one whom selling and buying are the same operator, than you know yday hype was a trap for short profit

statistic and logically, if i have spent 100m buying from 21c to 28c, my ave would be 24.5, and if i allow it to go down below 24.5, means moving forward is a loss

as operator i would not do that after single day

if it go below 24c today, yday buying was a scam by operator and tomorrow will also down

but if today can stay above 26c, that means operator still continue support and wanna hold longer

you were right bcoz it go down today, but if it goes further up like dayang from 80c to 1.70, it will different story
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ahfad as I said yesterday sell at 0.28 but no one listen, this morning ask to watch 0.25 also dont listen. now only hope left. once we trading, must follow trading plan. dont just bulldoze everything. I hope fellow friends still trapped good day with armada. if got luck it will rebound today but likely close even lower.

Good one Mabel, i still holding bcoz i believe it can hit >30c by june

for me its still too early too conclude, today just begin, by afternoon may different story, next week price should be more stable

unless it is from main shareholder like epf reduce their stakes, then will go down bit by bit like Kc Teh mention.

when open red, short term investor will immediately sell to lock profit, fund have to absorb it slowly, if not their average will go down below yday buying price

heavy profit taking, it now depends if fund want to support or not.. lets see by noon what will be the price

fundamental breakout will not be a single day rally, watch out today movement, vol should be above 400m

of course but based on latest news, i believe armada has more upside than yinson... and its damn cheap
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T800Terminator This is not Yinson
24/04/2019 10:09 PM

of course u have different opinion bcoz you didnt buy when below 20c and wait at hibscus instead.. if you bought, your opinion will be the same .. he he

based on what you think it wont be a good qtr? above 3.5m for me consider good and i dont see why it cannot achieve that

the main catalyst of o&g counter is the oil price, jst follow the trend and you will be good

tomorrow will test new high, at least 30c

debt is the main reason why the price went down, risk of default, now no more risk.... and based on the vol, technically under collection mode, no way will move down in short period
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GoodTrade The share price could be 0.27 0.26 0.25 0.20 0.10 as well ... hahaha ...
24/04/2019 9:45 PM

dont worry, below 60c is cheap, keep till end year

if you miss the ride today afternoon show, buy early tomorrow, still lot more to come

issuing new share will only happen later if they miss payment but for sure not within few months time where we already lock profit
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signalmw Average 30 sen.. Then announce issue new share like apaira
24/04/2019 7:49 PM

lenders will come to you offer the new loan to pay existing loan