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

debt no problem if cashflow increasing with higher prod and price

armada securing loan been told 2 mths back and become reality today, i no prob to wait another 2 mths for barakah to announce

10c is a cheap counter, when good news out, people tend to forget the debt amount and looking fwd for future prospect with the debt plan as armada

whatever happen to armada will happen to barakah too, the keyword is buy at low and be patient

bad news already out for few years until it touch 14.5c, now no more bad news, all coming will be good news..

its nothing wrong if you plan to sell for short profit, but i really think it worth >30c by next month, maybe next week or tomorrow

and when qtr out end next mth, with extra earnings from kraken and vietnam, plus lower impairment, if rpt can turn green, you will see another big jump

if can wait 6 mths, 2 mths coming is not long time

TP 28c after qr out

qr will be good dont worry, but good also sometimes price not up, so have to wait lor

velesto have no factor to limit up, no big catalyst compare to armada... it will slowly up for sure

reach only can go up if it can produce more barrel at higher oil price

price now higher so have to wait coming report to see if it can produce more barrel

armada and reach different case, its debt very huge similar to sapnrg, so when it can refinance the debt, its a very good news

scomi i have no idea, it was very good during Tun Abdullah and KJ time, after that slowly die

from all og PN17, id prefer perisai than scomi or sumatec

latest news cimb TP is 10c.. if u still remember