Yesterday, share lift up by people....making shareholder run away & dispose own share to market

Why CEO, shareholder, VP keeps selling share now?

C7 mooring impact coming sooner

Particulars of substantial Securities Holder

Name Dato' Ahmad Fuad bin Md Ali ("Dato' Fuad")
Address 51, Jalan San Ah Wing
Off Lorong Gurney
54100 Kuala Lumpur
NRIC/Passport No/Company No. 530202-07-5149
Nationality/Country of incorporation Malaysian
Descriptions (Class & nominal value) Ordinary shares of RM0.20 each in Bumi Armada Berhad ("BAB Shares")
Name & address of registered holder CIMSEC Nominees (Tempatan) Sdn Bhd for Ombak Damai Sdn Bhd
17th Floor, Menara CIMB
Jalan Stesen Sentral 2
Kuala Lumpur Sentral
50470 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction Date of change
No of securities

Price Transacted (RM)

Disposed 19/09/2014
100,000



Disposed 22/09/2014
50,000



Disposed 23/09/2014
205,900



Disposed 24/09/2014
309,000





Circumstances by reason of which change has occurred Disposal of 664,900 BAB Shares in aggregate by Ombak Damai Sdn Bhd ("ODSB") via open market - Deemed substantial interest through his shareholding in ODSB.
Nature of interest Direct and deemed interests
Direct (units) 300,000
Direct (%) 0.01
Indirect/deemed interest (units) 209,612,800
Indirect/deemed interest (%) 7.15
Total no of securities after change 209,912,800
Date of notice 24/09/2014

Particulars of substantial Securities Holder

Name Ombak Damai Sdn Bhd ("ODSB")
Address Level 8, Menara Perak
No. 24 Jalan Perak
50450 Kuala Lumpur
NRIC/Passport No/Company No. 718215-T
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 CIMSEC Nominees (Tempatan) Sdn Bhd
17th Floor, Menara CIMB
Jalan Stesen Sentral 2
Kuala Lumpur Sentral
50470 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction Date of change
No of securities

Price Transacted (RM)

Disposed 19/09/2014
100,000



Disposed 22/09/2014
50,000



Disposed 23/09/2014
205,900



Disposed 24/09/2014
309,000





Circumstances by reason of which change has occurred Disposal of 664,900 BAB Shares in aggregate via open market.
Nature of interest Direct interest
Direct (units) 209,612,800
Direct (%) 7.15
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change 209,612,800
Date of notice 24/09/2014

kalau orang tak percaya this news dan bohong, u boleh contact ABS, BV or ONGC ; saya kasih good tips to you

Let see Cluster 7 FPSO will sail away on October - November 2014 or when will be first oil in Indian Sea.....Dengak dari orang leader turret takut dan mahu lari competitor

Heard from reliable third party source

C7 mooring is badly under sized; this is confirmed by Bureau VERITAS independence studies check and also model testing in Shanghai Jiao Tong University on May-June 2014
They denied that they have done third party check of BV and model test.
Now, ABS Class doesn’t approve this mooring design & integrity
ONGC is also aware of this issue, start further investigation and engaged with third party. For past lesson to be learnt is like BP Deep-water Horizon happened in Gulf of Mexico, it caused disaster to human & environmental and major loss to BP

Good luck to maggiel !!! Later you don't cry in front of us.

Wait and see this vessel C7 can sail away on October - November 2014...

Maggiel....if you don't believe, kindly contact ABS, Bureau Veritas or ONGC for verification. All contact can be found in their website


Heard from reliable third party source

C7 mooring is badly under sized; this is confirmed by Bureau VERITAS independence studies check and also model testing in Shanghai Jiao Tong University on May-June 2014

They denied that they have done third party check of BV and model test.
Now, ABS Class doesn’t approve this mooring design & integrity

ONGC is also aware of this issue, start further investigation and engaged with third party. For past lesson to be learnt is like BP Deep-water Horizon happened in Gulf of Mexico, it caused disaster to human & environmental and major loss to BP

Heard from reliable third party source

C7 mooring is badly under sized; this is confirmed by Bureau VERITAS independence studies check and also model testing in Shanghai Jiao Tong University

They denied that they have done third party check of BV and model test.
Now, ABS Class doesn’t approve this mooring design & integrity

ONGC is also aware of this issue, start further investigation and engaged with third party. For past lesson to be learnt is like BP Deep-water Horizon happened in Gulf of Mexico, it caused disaster to human & environmental and major loss to BP


Good luck to all....

Heard from reliable third party source

C7 mooring is badly under sized; this is confirmed by Bureau VERITAS independence studies check and also model testing in Shanghai Jiao Tong University

They denied that they have done third party check of BV and model test.
Now, ABS Class doesn’t approve this mooring design & integrity

ONGC is also aware of this issue, start further investigation and engaged with third party. For past lesson to be learnt is like BP Deep-water Horizon happened in Gulf of Mexico, it caused disaster to human & environmental and major loss to BP


Good luck to all....

Heard from reliable third party source

C7 mooring is badly under sized; this is confirmed by Bureau VERITAS independence studies check and also model testing in Shanghai Jiao Tong University , China on May-June 2014

They denied that they have done third party check of BV and model test.
Now, ABS Class doesn’t agree with their basic design and no approve this mooring design & integrity

ONGC is also aware of this issue, start further investigation and engaged with third party. For past lesson to be learnt is like BP Deep-water Horizon happened in Gulf of Mexico, it caused disaster to human & environmental and major loss to BP

Heard from reliable third party source

C7 mooring is badly under sized; this is confirmed by Bureau VERITAS independence studies check and also model testing in Shanghai Jiao Tong University , China on May-June 2014

They denied that they have done third party check of BV and model test.
Now, ABS Class doesn’t agree with their basic design and no approve this mooring design & integrity

ONGC is also aware of this issue, start further investigation and engaged with third party. For past lesson to be learnt is like BP Deep-water Horizon happened in Gulf of Mexico, it caused disaster to human & environmental and major loss to BP

Heard from reliable third party source

C7 mooring is badly under sized; this is confirmed by Bureau VERITAS independence studies check and also model testing in Shanghai Jiao Tong University

They denied that they have done third party check of BV and model test.
Now, ABS Class doesn’t approve this mooring design & integrity

ONGC is also aware of this issue, start further investigation and engaged with third party. For past lesson to be learnt is like BP Deep-water Horizon happened in Gulf of Mexico, it caused disaster to human & environmental and major loss to BP

Another reliable source
Model testing carried in Shanghai Jiao Tong University, China on May and Jun 2014.....Confirmed that mooring system C7 is badly under- designed

Please contact media to ask for investigation ...

Scary C7 disasters

C7 mooring is badly under design; this is confirmed by Bureau VERITAS independence studies check and also model testing in Shanghai.

They denied that they have done third party check of BV and model test.
Now, ABS Class doesn’t approve this mooring design & integrity

ONGC is also aware of this issue, start further investigation and engaged with third party. For past lesson to be learnt is like BP Deep-water Horizon happened in Gulf of Mexico, it caused disaster to human & environmental and major loss to BP

Heard from reliable third party source

C7 mooring is badly under design; this is confirmed by Bureau VERITAS independence studies check and also model testing in Shanghai.

They denied that they have done third party check of BV and model test.
Now, ABS Class doesn’t approve this mooring design & integrity

ONGC is also aware of this issue, start further investigation and engaged with third party. For past lesson to be learnt is like BP Deep-water Horizon happened in Gulf of Mexico, it caused disaster to human & environmental and major loss to BP

Hi Upupshare.....where are you? Kedekut

The information you have given on C7 turret are wrong and it caused misleading all small investor now. all lose out $$$ RUGI WANG

C7 mooring under design has been under further investigation of ONGC

Heard from reliable third party source

C7 mooring is badly under design; this is confirmed by Bureau VERITAS independence studies check and also model testing in Shanghai.

They denied that they have done third party check of BV and model test.
Now, ABS Class doesn’t approve this mooring design & integrity

ONGC is also aware of this issue, start further investigation and engaged with third party. For past lesson to be learnt is like BP Deep-water Horizon happened in Gulf of Mexico, it caused disaster to human & environmental and major loss to BP

Berhati hati.......upcoming project performance impact to overall company performance.

C7 is real painful

Heard from reliable third party source

C7 mooring is badly under design; this is confirmed by Bureau VERITAS independence studies check and also model testing in Shanghai.

They denied that they have done third party check of BV and model test.
Now, ABS Class doesn’t approve this mooring design & integrity

ONGC is also aware of this issue and start in investigation. For past lesson to be learnt is like BP Deep-water Horizon happened in Gulf of Mexico, it caused disaster to human & environmental and major loss to BP

I have informed risk information to all buddies..................if you don't believe, just take your phone to call right parties.....

Only Clever to cash out . RUN

Heard from other reliable source that the model test in China was performed and confirmed this C7. Also refused to submit this report to ABS.

SCARY…..better cash out armada and buy Yinson

upupshare...............How Cluster 7 kapal can tow without ABS full approval?

If somebody doesn't believe, you may contact to right party for verification

I better sell all ARMADA ...Run away

Last call selling armada this afternoon...

if no selling , you will regret forever

SELL SELL RUN AWAY

Upupshare..........Outside source confirmed that ABS has no approval of mooring system and also, third party independent check found mooring serious under design.

I ALREADY LOSS DIRECTION AND JUST SELL

After end of today/right exercise, the share volume has been doubled up.....current price value dilute and EPS will dilute as well.

All new projects already capitalised into market share.........In case of any project delay & failure, it will impact significantly on share price

Good luck...I already sold out

Somebody doesn't believe source......This coming end of year, let monitor stock and bumi news....

Cluster 7 Kapal what happen next ..............

Today is last day....RUN and SELL Armada......

One of hidden risk is C7 kapal mooring problematic, will impact sooner according to outside reliable source

Spinninglotus ,

kindly confirm why C7 project no issues or are you CEO Representative?

Based on reliable source, C7 mooring system is far below the design basis and ABS no approve. A reputable third party also has done verification on this and confirmed this.

Now, a lot of industries is aware of this

Kerana ini, saya takut dan sudah jual 4000lot Armada and beli Yinson.

We all look at “bottom line" & profitability, not company revenue . It is investment return

Q3, 2013 until now, net profit shows drop

Recently, Bumi secured big project Eni, angola and Madura , indonesia.........Stock no go up....
Now, all major new project credit already takes account into market capitalisation and once share right is launched, the stock dropped dramatically like free fall

beli yinson sekarang....lagi baik.....yinson saham sudak naik banyak

bumi profit sundah turun banyak.......Sekarang besak project sudah masuk dalam market capitalisation

berhati hati....

tuhan ada tengok and jagakan, orang tak baik tentu dihukum

C7 kapal ada besak masalah...... Takut pula

sudah mahu lari......prices up ...................sell and run.....

EPS will dilute by half after share volume doubled.

Huge selling volume than buying ...............sangat takut ........ this stock is under tremendous pressure...........

sudah jual already.....takut .....burn finger from other project..................dengak dari market ....C7 mooring problematic , banyak orang buka mata tengok.....

more share rights...EPS will be more lower.
already give up on this share..........where got FPSO companies run 4 projects with enough resource in same time (Madura, kraken , eni block 15/06 and c7).......past company is a example

mati pula. stock will keep dropping next year.....investor no confident on it ....

Cobalt cameria project will win ....may have more technical burden impact like kraken steel strengthening for turret, c7 mooring underdesign.......

FPSO is a long term business with long term capitalisation. Due to current project performance, it may cause significance impact to overall company performance. Past few performance quarters showed a significant poor revenue with lower EPS. With coming more right shares, EPS goes much lower.

For example: FPSO companies merger/acquisition after poor company revenue due to project & engineering management

Please think & act wisely

higher FPSO risk management respect to CAPEX and OPEX. watch up saving $$$ burning

Current pricing is lower than IPO pricing. nobody feel convincing on this investment return

armada share keep dropping from Q4 2013 (last year), now want to us inject money $$$....no way.....C7 mooring badly design , doesn't want to submit model test to ABS

mati ....stock keep dropping....why

Current prices is less than IPO pricing.....the current company undervalued now. any project delay caused significant to share pricings....I am not interested to buy.......a lot VP over the company cash out now

now current price is less than IPO pricing .....how to invest such company

watch up bumi armada goes downward sooner due to balnaves delay and next C7 project due to mooring underdesign ..... i am very sorry to say that winning eni and Madura project can make shares goes upward

if someone doesn't believe, you may verify ABS classed Singapore c7 mooring underdesign 100%........huge impact coming to company growth...model testing in shanghai Jiao tong verify data and proven it is underdesign

winning two project - eni and Madura can't make stock goes up, now it is below IPO prices.....balnaves project delayed and C7 mooring has a problem

turret project progress keep problematic.......Eni angola block 15/06 big turret will encountered serious challenge

upcoming project underperform..it may not make stock goes well, watch up

cluster 7 mooring system is underdesign (100%) , third party has not approved yet