CEO will sell 3million.....

Please watch up Bursa Malaysia

this week...let see what happen on Madura contract .

Kraken so messy....until plan to hire a hull structural expert that is familiar with north sea .

spending 900ton new steel on life extension of Kraken vessel. the problem is selection wrong donor vessel

11 days at field. Cluster 7 FPSO can't hook up for single mooring line

Kraken more challenge....every supplier keep in discussion .

Let see how long armada sterling II hook up ...maybe one year

8 days at field...no single mooring line hook up

http://www.kinibiz.com/story/markets/122941/rhb-research-downgrades-bumi-armada-to-neutral.html

RHB Research downgrades Bumi Armada to ‘neutral’













Story by

Bernama

www.bernama.com


Bumi Armada Bhd's shares on Bursa Malaysia was down this morning, declining 2 sen to RM1.36 as at 10:27 am, on the back of the weak financial results posted yesterday.

FPSO C7 sail away no any official announcement in media and newspaper

Where is any new contract.

Bumi might lose out Madura contract. all their contract award factor into bumi stock pricing.

CEO sold out 80% stock, no demonstrate good example , keep marketing bumi while selling his stock....no any competitor CEO selling like that

EPF keep selling stock

PLEASE watch up Q3 revenue bumi armada will be bad again....Q4

FPSO C7 still no hook up...it is already 7 days on site. Kraken big problem now

Eni already no so confident on large external turret. It supposes to award to SOFEC

Eni project will next story caused bumi suffering. Bumi has no such track record of large external turret.

Cluster 7 FPSO no hook up and late first oil

Kraken has a lot of problem

Q3 and Q4 will be bad....

Q3 result will be announced...

Let wait and see impact sooner.

C7 still can't hooked up on site.......when will be first oil of C7

Watch up....Bumi stock keep dropping.

Cluster 7 sail away, it doesn't have any official announcement in Media and newspaper.

Now, FPSO c7 at site about 3 days, it still can't hook up any single mooring line.

It will similar disaster as Balnaves Hook up

Hopefully .....Madura project doesn't cancelled as we expected The clarifications are not finalized ...:)

Why C7 sail away doesn't have any media announcement compared to Armada sterling ? Very strange to all small investors.

Maybe C7 sail away with non conformity items - mooring system under design

Please explain..................Spinninglotus

EPF sold again ! Good Luck

Changes in Sub. S-hldr's Int. (29B)

BUMI ARMADA BERHAD


Particulars of substantial Securities Holder

Name EMPLOYEES PROVIDENT FUND BOARD
Address Tingkat 19, Bangunan KWSP
Jalan Raja Laut
50350 Kuala Lumpur
NRIC/Passport No/Company No. EPF ACT 1991
Nationality/Country of incorporation Malaysia
Descriptions (Class & nominal value) Ordinary shares of RM0.20 each in Bumi Armada Berhad ("BAB Shares")
Name & address of registered holder Citigroup Nominees (Tempatan) Sdn Bhd- Employees Provident Fund Board
Citigroup Nominees (Tempatan) Sdn Bhd- Employees Provident FD BD (KIB)
Citigroup Nominees (Tempatan) Sdn Bhd- Employees Provident FD BD (HDBS)
Citigroup Nominees (Tempatan) Sdn Bhd- Employees Provident FD BD (MAYBAN)
Citigroup Nominees (Tempatan) Sdn Bhd- Employees Provident FD BD (KAF FM)
Citigroup Nominees (Tempatan) Sdn Bhd- Employees Provident FD BD (NOMURA)
Citigroup Nominees (Tempatan) Sdn Bhd- Employees Provident FD BD (ARIM)
Citigroup Nominees (Tempatan) Sdn Bhd- Employees Provident FD BD (ABERDEEN)
Level 42, Menara Citibank
165 Jalan Ampang
50450 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction Date of change
No of securities

Price Transacted (RM)

Disposed 27/10/2014
500,000





Circumstances by reason of which change has occurred Disposal of 500,000 BAB Shares registered under Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board.
Nature of interest Direct
Direct (units) 509,581,800
Direct (%) 8.69

Strange that why there is no official public announcement to media and internet...IF ARMADA sterling II sail away on 26/October... CEO always like to marketing his success

For example - unless a marriage ceremony without marry certificate ....

Another hidden agenda

Ah moi,

Please explain lar......sometimes, u support us ...sometimes against us..

u also not good as we think too...AH moi



>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
AhMoi HB is resigning soon.... High possibility

Anyway, he is just one of the directors and shareholders .. How about the others who have applied for excess... ??

18/10/2014 12:43

Watch up.................

Cluster 7 when will be sail away and first oil... ONGC already start investigating

Watch up share pricing down to RM 1.00....Good luck...

Ah moi , later come back to say agree with me and klorang

back from holidays...

another shareholder sells again

Changes in Sub. S-hldr's Int. (29B)

BUMI ARMADA BERHAD


Particulars of substantial Securities Holder

Name Farah Suhanah Binti Ahmad Sarji ("FS")
Address Unit 11, Beringin Residence
No.1 Jalan Beringin
Damansara Heights
50490 Kuala Lumpur
NRIC/Passport No/Company No. 650517-10-6858
Nationality/Country of incorporation Malaysian
Descriptions (Class & nominal value) Ordinary shares of RM0.20 each in Bumi Armada Berhad ("BAB") ("BAB Shares")
Name & address of registered holder Farah Suhanah Binti Ahmad Sarji
Unit 11, Beringin Residence
No. 1 Jalan Beringin
Damansara Heights
50490 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction Date of change
No of securities

Price Transacted (RM)

Disposed 20/10/2014
25,000

1.480



Circumstances by reason of which change has occurred Change in particulars of FS's direct beneficial equity interest in BAB resulting from the disposal in the open market of 25,000 BAB Shares representing 0.00043% of the enlarged issued and paid-up share capital of BAB.

There is no change to 360,002,600 BAB Shares over which FS's deemed interest is held.

FS's deemed interest in the BAB Shares held by Karisma Mesra Sdn. Bhd. (“KMSB”), Wijaya Baiduri Sdn. Bhd. (“WBSB”) and Wijaya Sinar Sdn. Bhd. (“WSSB”) arises by virtue of her 99.999% direct equity

Ahmoi....You are the one who said ...HB is resigning and lose confident

don't say be blah blah....sometimes, you agree with klorang...sometimes, you disagree with us...

You are the person who no firm on your decision

Let see Armada stock what happen by end of this year

It is DEAD CAT bourse

Someone pulls it up and sell

Please watch up...Go Bursa Malaysia to read who is selling share after 6pm

maybe CEO, or shareholder.

Very simple why CEO keeps disposing his own share from this September if company perform good

Another Dead Cat Bounce......someone pulls it up and sells...

Watch up Q3-Q4 2014........Watch up current project sail away and first oil

Good Luck to you.

If so good, why CEO dispose his own share from September, 2014 ? GO THINK carefully.

He is responsible to armada performance and aware of everything inside the company......

Cluster 7 ...when will be first oil and sail away....all investors watch up....


happy Deepavali...good luck

Dear all investor.

Please watch up when is Cluster 7 sail away and first oil of Cluster Oil.

This another huge impact coming. ONGC investigates Cluster 7 mooring undersized

EPF still sells share again..

Good luck to investor

Name EMPLOYEES PROVIDENT FUND BOARD
Address Tingkat 19, Bangunan KWSP
Jalan Raja Laut
50350 Kuala Lumpur
NRIC/Passport No/Company No. EPF ACT 1991
Nationality/Country of incorporation Malaysia
Descriptions (Class & nominal value) Ordinary shares of RM0.20 each in Bumi Armada Berhad ("BAB Shares")
Name & address of registered holder Citigroup Nominees (Tempatan) Sdn Bhd- Employees Provident Fund Board
Citigroup Nominees (Tempatan) Sdn Bhd- Employees Provident FD BD (KIB)
Citigroup Nominees (Tempatan) Sdn Bhd- Employees Provident FD BD (HDBS)
Citigroup Nominees (Tempatan) Sdn Bhd- Employees Provident FD BD (MAYBAN)
Citigroup Nominees (Tempatan) Sdn Bhd- Employees Provident FD BD (KAF FM)
Citigroup Nominees (Tempatan) Sdn Bhd- Employees Provident FD BD (NOMURA)
Citigroup Nominees (Tempatan) Sdn Bhd- Employees Provident FD BD (ARIM)
Citigroup Nominees (Tempatan) Sdn Bhd- Employees Provident FD BD (ABERDEEN)
Level 42, Menara Citibank
165 Jalan Ampang
50450 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction Date of change
No of securities

Price Transacted (RM)

Disposed 16/10/2014
100,000





Circumstances by reason of which change has occurred Disposal of 100,000 BAB

Reliable source is ONGC start investigating Cluster 7 mooring.....Cluster 7 offset is far away from production riser specification

When is Cluster 7 sail away

EPF also mahu lari..........rugi wang ...

EPF start losing confident and disposing 1.8M on 15/10/2014....

SELL Armada

BUMI ARMADA BERHAD


Particulars of substantial Securities Holder

Name EMPLOYEES PROVIDENT FUND BOARD
Address Tingkat 19, Bangunan KWSP
Jalan Raja Laut
50350 Kuala Lumpur
NRIC/Passport No/Company No. EPF ACT 1991
Nationality/Country of incorporation Malaysia
Descriptions (Class & nominal value) Ordinary shares of RM0.20 each in Bumi Armada Berhad ("BAB Shares")
Name & address of registered holder Citigroup Nominees (Tempatan) Sdn Bhd- Employees Provident Fund Board
Citigroup Nominees (Tempatan) Sdn Bhd- Employees Provident FD BD (KIB)
Citigroup Nominees (Tempatan) Sdn Bhd- Employees Provident FD BD (HDBS)
Citigroup Nominees (Tempatan) Sdn Bhd- Employees Provident FD BD (MAYBAN)
Citigroup Nominees (Tempatan) Sdn Bhd- Employees Provident FD BD (KAF FM)
Citigroup Nominees (Tempatan) Sdn Bhd- Employees Provident FD BD (NOMURA)
Citigroup Nominees (Tempatan) Sdn Bhd- Employees Provident FD BD (ARIM)
Citigroup Nominees (Tempatan) Sdn Bhd- Employees Provident FD BD (ABERDEEN)
Level 42, Menara Citibank
165 Jalan Ampang
50450 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction Date of change
No of securities

Price Transacted (RM)

Acquired 15/10/2014
270,000



Disposed 15/10/2014
1,887,000





Circumstances by reason of which change has occurred Acquisition of 270,000 BAB Shares registered under Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident FD BD (MAYBAN).

Disposal of 1,887,000 BAB Shares registered under Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident FD BD (HDBS).
Nature of interest Direct
Direct (units) 510,181,800

Ah moi...

As per your said, HB seems leaving

Worry new CEO can't fix out the problematic project and cash flow.

Armada will end up like prosafe, sevan marine or aker production

Armada CEO keeps selling his share with loss at price of RM1.40...

Armada CEO wants to run away and Armada has a lot hidden agenda .

It is not like Yinson CEO....confident on Yinson performance

Particulars of Director

Name Hassan Assad Basma ("HB")
Address A2-17-2
St Mary Residences Tower A
No. 1, Jalan Tengah
50250 Kuala Lumpur
Descriptions(Class & nominal value) Ordinary shares of RM0.20 each in Bumi Armada Berhad ("BAB") ("BAB Shares")

Details of changes

Currency: Malaysian Ringgit (MYR)


Type of transaction

Date of change

No of securities

Price Transacted (RM)


Others

09/10/2014

3,000,000




Disposed

15/10/2014

2,500,000

1.436


Disposed

16/10/2014

3,000,000

1.400



Description of other type of transaction Changes in particulars of HB's interest in relation to the circumstances giving rise to changes in interest in BAB Shares pursuant to the Bonus Issue as announced by BAB on 23 May 2014. Defined terms herein are as per the announcement.
Circumstances by reason of which change has occurred A. Change in HB's direct interest in BAB Shares by virtue of the allotment of 3,000,000 Bonus Shares pursuant to the Bonus Issue; and

B. changes in particulars of HB's direct beneficial interest arising from the following disposals of BAB Shares in the open market:

i. disposal of 2,500,000 BAB Shares representing 0.04% of the total issued shares of BAB; and

ii. disposal of 3,000,000 BAB Shares representing 0.05% of the total issued shares of BAB.

Both disposals were undertaken outside a closed period (as defined under the Main Market Listing Requirements of Bursa Malaysia Securities Berhad). His interest after the changes are indicated below.
Nature of interest Direct beneficial interest over the BAB Shares
Consideration (if any)


Total no of securities after change

Direct (units) 4,500,000
Direct (%) 0.08
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Date of notice 17/10/2014

18/10/2014 10:12

20/10/2014 07:22

Another "dead cat bourse"

Someone pull the price up and sell...

Watch up CEO stock movement in Bursa Malaysia

Everyone , better jual Armada, beli Yinson.

Lim Chern Yuan & Lim Chern Weng never sell his own share with full confidence on Yinson company

What happen on HB on Armada....keep selling.......

Armada has a lot hidden agenda coming, C7 mooring problem, kraken overrun cost of steel renewal, Madura may cancel...

http://www.rigzone.com/news/oil_gas/a/135481/Bumi_Armadas_CEO_Eyes_FPSO_Opportunities_in_India

CEO kept marketing Armada; in other way, he keeps disposing his share at price loss of RM1.4...Now, he only left 4.5M only. Everyone please watch up CEO share movement

In case of good company profitability, nobody wants to cash out including CEO and shareholder.

CEO is responsible and aware of Armada company business performance.

CEO not acquire share, just dispose share from September .......

CEO mahu lari , jual saham dengan harga murah

Particulars of Director

Name Hassan Assad Basma ("HB")
Address A2-17-2
St Mary Residences Tower A
No. 1, Jalan Tengah
50250 Kuala Lumpur
Descriptions(Class & nominal value) Ordinary shares of RM0.20 each in Bumi Armada Berhad ("BAB") ("BAB Shares")

Details of changes

Currency: Malaysian Ringgit (MYR)


Type of transaction

Date of change

No of securities

Price Transacted (RM)


Others

09/10/2014

3,000,000




Disposed

15/10/2014

2,500,000

1.436


Disposed

16/10/2014

3,000,000

1.400



Description of other type of transaction Changes in particulars of HB's interest in relation to the circumstances giving rise to changes in interest in BAB Shares pursuant to the Bonus Issue as announced by BAB on 23 May 2014. Defined terms herein are as per the announcement.
Circumstances by reason of which change has occurred A. Change in HB's direct interest in BAB Shares by virtue of the allotment of 3,000,000 Bonus Shares pursuant to the Bonus Issue; and

B. changes in particulars of HB's direct beneficial interest arising from the following disposals of BAB Shares in the open market:

i. disposal of 2,500,000 BAB Shares representing 0.04% of the total issued shares of BAB; and

ii. disposal of 3,000,000 BAB Shares representing 0.05% of the total issued shares of BAB.

Both disposals were undertaken outside a closed period (as defined under the Main Market Listing Requirements of Bursa Malaysia Securities Berhad). His interest after the changes are indicated below.
Nature of interest Direct beneficial interest over the BAB Shares
Consideration (if any)


Total no of securities after change

Direct (units) 4,500,000
Direct (%) 0.08
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Date of notice 17/10/2014

18/10/2014 10:12

It is pity that HB , if resign, he can't make $$$ from his 50M share option at option price RM 3.77 to 3.97. Obviously, Armada just get project to push price up...thus boss can cash out their share option......it is short term playing capitalisation

Armada will collapse soon like similar situation as Aker Production, Sevan Marine or Prosafe Production. For example, Ningaloo vision turret mooring system failed due to design by turret team...System is under design...Client Apache energy asked claim USD700M which makes Prosafe collapse....

Please read FPSO companies history

http://www.rigzone.com/news/oil_gas/a/135481/Bumi_Armadas_CEO_Eyes_FPSO_Opportunities_in_India

CEO keep marketing Armada; in other way, he keeps disposing his share...Now, he only owned 4.5M only.

In case of company always perform profit, nobody wants to cash out including CEO and shareholder.

CEO aware of his company performance

CEO Again SELL and want to Run now....

CEO keeps disposing his own share. Now, he only owned 4.5M compared to last time

Information Compiled By KLSE

Particulars of Director

Name Hassan Assad Basma ("HB")
Address A2-17-2
St Mary Residences Tower A
No. 1, Jalan Tengah
50250 Kuala Lumpur
Descriptions(Class & nominal value) Ordinary shares of RM0.20 each in Bumi Armada Berhad ("BAB") ("BAB Shares")

Details of changes

Currency: Malaysian Ringgit (MYR)


Type of transaction

Date of change

No of securities

Price Transacted (RM)


Others

09/10/2014

3,000,000




Disposed

15/10/2014

2,500,000

1.436


Disposed

16/10/2014

3,000,000

1.400



Description of other type of transaction Changes in particulars of HB's interest in relation to the circumstances giving rise to changes in interest in BAB Shares pursuant to the Bonus Issue as announced by BAB on 23 May 2014. Defined terms herein are as per the announcement.
Circumstances by reason of which change has occurred A. Change in HB's direct interest in BAB Shares by virtue of the allotment of 3,000,000 Bonus Shares pursuant to the Bonus Issue; and

B. changes in particulars of HB's direct beneficial interest arising from the following disposals of BAB Shares in the open market:

i. disposal of 2,500,000 BAB Shares representing 0.04% of the total issued shares of BAB; and

ii. disposal of 3,000,000 BAB Shares representing 0.05% of the total issued shares of BAB.

Both disposals were undertaken outside a closed period (as defined under the Main Market Listing Requirements of Bursa Malaysia Securities Berhad). His interest after the changes are indicated below.
Nature of interest Direct beneficial interest over the BAB Shares
Consideration (if any)


Total no of securities after change

Direct (units) 4,500,000
Direct (%) 0.08
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Date of notice 17/10/2014

ARMADA will follow up footstep of Aker production, sevan marine and prosafe..

Madura FPSO might be cancelled

CEO already lost share option 50M due current pricing dropping. It is very pity on his effort putting on ARMADA

The success stories like TGT, D1 has gone ....Now, all is project failure and project over run cost.

Please monitor when will be Cluster 7 Sail away and first oil ? also big impact to Kraken...select wrong donor vessel and now it requires a lot steel renewal

CEO starts marketing his own company but he keep selling his own share....

think about his strategy ...

when is cluster 7 FPSO sail away....ONGC investigates

http://www.rigzone.com/news/oil_gas/a/135481/Bumi_Armadas_CEO_Eyes_FPSO_Opportunities_in_India

Someone pulls the share up and Sell.. ....Dead cat bounce.

But it shows share pricing slowly slowly goes downward .....Never demonstrate any "Up" sign...please monitor Armada history.

Armada has good successful stories like TGT, D1 including first internal in house turret development for first ONGC FPSO.....it supports last pricing of RM3-4.

Now, all project overrun cost and project delay like Balnaves, Cluster 7 mooring under design, Kraken...Madura FPSO has delay signing contract..... IT will become like next Prosafe/Aker production/Sevan Marine

Let see Cluster 7 sail away when???When is it first oil? It suppose to sail away October -Nov 2014

Taget price is below RM1.00...

Armada not doing well


Armada keep dropping due to might loss of husky madura

ARMADA SELL...

Poor counter..

Cluster 7 ...when is sail away? It seems keep delaying due to mooring system poor under-sized , ONGC investigate

A lot hidden agenda to push armada downward.

Bumi Armada-Husky FPSO deal postponed


Bumi Armada-Husky FPSO deal postponed


Vincent Wee
By Vincent Wee from Hong Kong







Bumi Armada's MYR3.76bn ($1.15bn) floating production storage and offloading (FPSO) vessel deal with Husky-CNOOC Madura (HCML) is being dragged out as both sides have mutually agreed to extend the execution date of their contract, according to a stock market release.


Bumi Armada said the Letter of Intent (LOI) is set to terminate on 31 October, subject an extension to be mutually agreed between the two parties.The LOI signed on Aug 8 was for a 10-year FPSO contract with options of five annual extensions worth MYR469m.




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