an engineering manager by profession... 25 years of stock trading & investing... started with NYSE, moving to JPX, SEHK, SGX... and KLSE âto be successful in stock trading/investing, patience is the key & only those who will risk going too far can possibly find out how far one can go"
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2020-05-19 14:42 | Report Abuse
@armadatuah2017 u're still not done with your emotion or swearing ? haha.. sigh, mentality problem, its ok, go ahead & you carry on.. buy more O&G, good luck :) if you make money, make sure treat some Starbucks to some of the buddies here, but if you lose terribly, don't come swearing here with your emotions please, thanks
2020-05-19 14:36 | Report Abuse
@howhl88 ... haha, OKOK... 0.2 makes sense :)
2020-05-19 14:34 | Report Abuse
@i3lurker indeed it will if Crude Oil hits above $110 per barrel... this is possible with more oil rigs shut as of today & possibly some oil-wells may never be able to recover to restart production (those O&G engineers knows better as oil wells tend to get damaged or get highly water contaminated if they remain shut down very long, and also depends on climate & other geological factors). However, it will take time as the demand will be nowhere close to before pandemic as many countries have started new norm in 2020 (working from home, less air travel with many corporate travel also cancelled and moving more to virtual online deals, less vacation outdoor, less shopping outdoor while more to internet based shopping, limited movement and etc... and possibility of 2nd wave covid as u must remember this is a very contagious viral strand than H1N1... this also considering with a hope Saudi won't start the price war again with non-OPEC as they still want a huge market share in Asia... let's continue to observe... i am closely watching every sector and movement as well both from NYSE, Hang Seng, JPX, SGX and SSE as i have shares there too... in KLSE i will enter high volume on Velesto, Dayang & Serba-WA (warrant) if i deem it is the right time to enter O&G...
2020-05-19 14:08 | Report Abuse
@Remo hi brother... i totally understood that... what i warn the newbies here now is not to chase the current manipulated high climbing trend by looking at the bull yesterday, else you'll stuck after operators disposed it... learn from other stocks including gloves and healthcare as in how it was pushed so high by operator before it burst... the strategy is to know when to move-in & exit... O&G shares should be encouraged to buy last friday when rebound sentiments were ignited for shark driven contra profit sales on monday evening/today early morning queue and run away... u can't buy high & stay longer in Armada unless u know when sharks/operators going to attack & u should go-in together with them to rip profit & exit with them... else you'll be a big loser & end up waiting long to recover... O&G company's earning going to be red until 2021 on the QR & earning reports...advise is general based on depth of experience, but choice is yours :)
2020-05-19 13:40 | Report Abuse
@howl88, TP 2.00 ? seriously ? do you want to reconsider and give a more realistic target price than fantasy target price.
2020-05-19 13:22 | Report Abuse
@armadatuah2017 i encourage healthy contest, discussion and debate on our differences on trading but not by calling on other forum members here "stupid", "dumb" or any sort of profanity words, thanks.
2020-05-19 13:19 | Report Abuse
@armadatuah2017 simply look at your language & weak emotion control... control it, an important character/composure every forex/stock traders need to have... i'm not even promoting any specific company stocks & merely reminding the newbies/retailers on the danger of O&G and strong biz outlook of healthcare throughout 2020.
2020-05-19 13:15 | Report Abuse
@armadatuah2017 so you want all the retailers/newbies to get eaten bigtime by operator or sharks ? climbing on a stock without solid biz fundamental in 2020 ?
2020-05-19 13:05 | Report Abuse
@PlayPlayAhUThink... don't be sad... it makes you more experienced :) move on and start working on your next strategy to recover the losses
2020-05-19 13:01 | Report Abuse
maybe BaconGuest can join too... bill is on me :D
2020-05-19 13:00 | Report Abuse
if jiunn's prediction is correct, i will bring him for a cosy & exclusive treat in KLCC once CMCO is lifted :P hahaha... kidding... maybe, not kidding... haha
2020-05-19 12:54 | Report Abuse
@DavidBilly Pk no worries buddy, no need 2-3 years... will recover sooner than that for the price u bought... u can see profit still... but next time just learn from the mistake... start to learn how to read the trade trend when operators & sharks are manipulating & driving for profiteering... and also on the overall outlook on the nature of business a particular companies operates on.
2020-05-19 12:48 | Report Abuse
@armadatuah2017 why u sound so angry & disappointed ? loss ~15% is it ? give yourself some handclap :D hahahahaha
2020-05-19 12:38 | Report Abuse
don't panic guys... glove, medical PPE & healthcare is here to stay till 2020 !! :) O&G i will be only confident in Q4 or next year...
2020-05-19 12:37 | Report Abuse
yeap... Supermax & also Careplus is quite a brighter side on the next wave up. i also diversified on both Supermax & Careplus glove company as well.. the volume there quite high and long term growth really good since they joint-venture with Ansell glove maker with 50% stake.... next i'm looking for healthcare as well apart from gloves....
2020-05-19 12:17 | Report Abuse
dear Armada guys, still not late.... you may consider to move your investment/tradings & enter healthcare/glove counters while it is still at bargain price now... you can see the volume & trend is showing signs of potential uptrend & very bullish move after operators disposed their O&G shares since today morning...
2020-05-19 12:16 | Report Abuse
still not late guys.... you may consider to move your investment/tradings & enter healthcare/glove counters while it is still at bargain price now... you can see the volume & trend is showing signs of potential uptrend & very bullish move after operators disposed their O&G shares since today morning...
2020-05-19 12:11 | Report Abuse
Data from China has stoked some bullishness in oil markets, although there are some mixed signals. Traffic is back in many Chinese cities, and there are early signs that China’s oil demand is rising back close to pre-pandemic levels around 13 million barrels per day (mb/d).
At the same time, a new coronavirus cluster in China suddenly sparked another lockdown measure. While Wuhan and other regions may be opening up, roughly 108 million people in Jilin province just went into lockdown. It’s a sign that the fight against COVID-19 will likely be frustrated by repeated flare ups in new cases, which may ultimately lead to renewed lockdowns.
2020-05-19 12:10 | Report Abuse
Data from China has stoked some bullishness in oil markets, although there are some mixed signals. Traffic is back in many Chinese cities, and there are early signs that China’s oil demand is rising back close to pre-pandemic levels around 13 million barrels per day (mb/d).
At the same time, a new coronavirus cluster in China suddenly sparked another lockdown measure. While Wuhan and other regions may be opening up, roughly 108 million people in Jilin province just went into lockdown. It’s a sign that the fight against COVID-19 will likely be frustrated by repeated flare ups in new cases, which may ultimately lead to renewed lockdowns.
2020-05-19 12:05 | Report Abuse
not only contra kaki... speculators and manipulators as well for driving fake hope on hopeless companies/sectors in year 2020
2020-05-19 12:02 | Report Abuse
what happened to so many sifu's here ? BRENT CRUDE & WTI future prices for June steadily dropping again
2020-05-19 12:02 | Report Abuse
what happened to so many sifu's here ? BRENT CRUDE & WTI future prices for June steadily dropping again
2020-05-19 11:38 | Report Abuse
mine fully reloaded... almost all out ! now just waiting and holding tight... very strong holding power
2020-05-19 11:21 | Report Abuse
@armadatuah what do you mean by "stupid statements" ? mind your words.. i repeat again, mind your WORDS
2020-05-19 11:07 | Report Abuse
most of retailers/ikan bilis/newbies dumped healthcare/gloves yesterday & chased Energy and stuck at high margin now... all the Operators disposed them and somehow will move back to Glove & healthcare, they know the fundamentals on where is the gamble and where to move the safe bets after ripping profit on counters they fake manipulated... we also should expect some dividend & bonus from healthcare/gloves this year...Operators and Sharks are very smart & well organised than you may think :)
2020-05-19 11:06 | Report Abuse
just one caution i want to remind every innocent traders/newbies investors/retailers here, BE CAREFUL :) Operators have manipulated all O&G counters today and disposing the shares now... climbed dangerously just purely because of oil price increase without company's earning fundamentals on the company. Most of the O&G service providers are at a huge loss this year no matter what is the oil price today. Money is yours, please make your own calculated risk & decision
2020-05-19 10:48 | Report Abuse
even thestar newspaper reported gloomy outlook yesterday for Armada in year 2020
https://www.thestar.com.my/business/business-news/2020/05/18/og-exploration-activities-to-remain-muted-in-2020---bumi-armada
2020-05-19 10:47 | Report Abuse
most of you guys are too naive... smart if you disposed and ran away like Operators/Shardks... chasing for fake bull climb just because oil price moved up based on demand speculative WTI & Brent future prices while physical oils still stagnant & great uncertainty on 2nd wave & vaccines deployments are not as fast as what people think no matter how fast track it goes... it will take years, especially with this SARS-COV2 viral strand known to constantly mutate at fast pace within 3 months time frame and making vaccine development more difficult (please refer the facts in detail with medical specialist/biotech experts)
2020-05-19 10:33 | Report Abuse
i sold Lambo for 33% profit and collected another round at 0.785 just now... however, just a small volume... quite a huge volume accumulation as of now from my side... will not dispose anytime for now
2020-05-19 10:29 | Report Abuse
most of retailers/ikan bilis/newbies dumped gloves yesterday & chased Energy and stuck at high margin now... all the Operators disposed them and somehow will move back to Glove & healthcare, they know the fundamentals on where is the gamble and where to move the safe bets after ripping profit on counters they fake manipulated... we also should expect some dividend & bonus from healthcare/gloves this year...Operators and Sharks are very smart & well organised than you may think :)
2020-05-19 10:25 | Report Abuse
for example, see my advise for those innocent investors/traders chasing in O&G yesterday in ARMADA group... for ARMADA.. energy sector... and see the trend today... most of them dumped Gloves & chased Energy and stuck at high margin now... all the Operators disposed them and somehow will move back to Glove & healthcare, they know the fundamentals on where is the gamble and where to move the safe bets after ripping profit on counters they fake manipulated... we also should expect some dividend & bonus from healthcare/gloves this year...Operators and Sharks are very smart & well organised than you may think :)
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gnath_77 with my 25 years of trading experience from NYSE to KLSE, just one caution i want to remind every innocent traders/newbies investors/retailers here, BE CAREFUL :) Operators have manipulated all O&G counters today and disposing the shares now... climbing dangerously just purely because of oil price increase without company's earning fundamentals on the company. Most of the O&G service providers are at a huge loss this year no matter what is the oil price today. Money is yours, please make your own calculated risk & decision.
18/05/2020 6:36 PM
2020-05-19 10:19 | Report Abuse
@babyinvestor, which sector are you planning to switch ? maybe i can advise based on your interest
2020-05-19 10:19 | Report Abuse
@babyinvestor, think twice before let go... my dear advise... this is what exactly happened to me 2 months ago... i let go.. and regretted after 1.5 months.... u need to look for short term & long term prospects... for both, u need to look for safer bet than dangerous bet like O&G
2020-05-19 10:13 | Report Abuse
the problem right now is all volume shifted to O&G... all medical & glove counters will skyrocket again once the O&G profit takers run for life in a couple of days... all O&G company's outlook & financial standing is in heavy danger with delayed order book in year 2020 to year 2021... want it or not, vaccine development is not like what we think as well... it will take another 1 year to be available for general population only if it is successful. The next question is how fast can the produce it with our current world population ? the final question is, do you know based on medical specialist, vaccine may not be found even for the next 3 years due to one reason ? (this SSARS-CoV-2 a.k.a Covid19 viral strand is constantly mutating and making it more difficult - please talk to your medical specialist friends or biotech experts). In summary, healthcare and medical safety equipment counters will be in demand for some time...
2020-05-19 10:03 | Report Abuse
@SuperPanda.... Q2'2020 is where the supply picked up exponentially while current production capacity was not prepared for Q1'2020... production ramp was peak beginning March onset...
2020-05-19 09:58 | Report Abuse
@OKU_2020 from where did you get your facts on less demand for glove, face mask & hospital Covid products ? don't talk nonsense... talk with facts... gloves are sold out with higher prices & orders staggering high till order book until April 2021 next year ! some even paid 20% deposit... if you don't know, don't simple talk... read the local online news from TheStar newspaper at least, if you don't like to read high level business news abroad.
https://www.thestar.com.my/business/business-news/2020/05/18/more-upside-seen-in-rubber-glove-stocks
https://www.thestar.com.my/business/business-news/2020/05/19/rubber-glove-sector-could-see-record-profit
2020-05-19 09:40 | Report Abuse
hahahahahahahahaha.... again, hahahahahaha....
p/s : people will only understand if they read my comment on 18/05/2020 6:36 PM
2020-05-18 18:36 | Report Abuse
with my 25 years of trading experience from NYSE to KLSE, just one caution i want to remind every innocent traders/newbies investors/retailers here, BE CAREFUL :) Operators have manipulated all O&G counters today and disposing the shares now... climbing dangerously just purely because of oil price increase without company's earning fundamentals on the company. Most of the O&G service providers are at a huge loss this year no matter what is the oil price today. Money is yours, please make your own calculated risk & decision.
2020-05-18 17:58 | Report Abuse
@kfliau high 5, exactly... its really crazy price to even think about back then
2020-05-18 17:25 | Report Abuse
@kfliau just be patient... bull will hit this counters soon.. all of them taking opportunity in O&G today... i was a guy who bought huge volume on Careplus share at 0.27 in late March... Careplus was somewhat like this for about 2.5 weeks hovering up/down and close plus/minus bout the prev close price... i gave up without patience & i sold it at 0.34 sen when it shot up and i took all the profit... but i regretted that action today... i enter back at higher price somewhat about 0.565 and decided to hold on... in fact i've collected second and third round more last week at price around 0.86... fundamentally this is a growing glove stock with great QR result to burst... accumulate more while it is still cheap
2020-05-18 16:22 | Report Abuse
2020-05-18 16:09 | Report Abuse
hahaha... good luck for all the Glove stock sellers who have moved to O&G today... some sharks will eat you live tomorrow and the day after tomorrow... read this news which came an hour ago.. don't think oil price getting higher means all O&G companies started making profit... :D
https://www.thestar.com.my/business/business-news/2020/05/18/og-exploration-activities-to-remain-muted-in-2020---bumi-armada
2020-05-18 13:58 | Report Abuse
6 February 2020 – Melbourne, Australia – Ansell Limited (ASX:ANN), a global leader in protection solutions, today announces an acquisition of 50 percent of the issued shares in Careplus (M) Sdn Bhd from Careplus Group Berhad for a total consideration of RM37 million (approx. US$ 9 million) including capital investments and subject to Careplus Group shareholder approval and customary closing conditions.
Careplus (M) Sdn Bhd is a Malaysian manufacturer of surgical as well as latex and nitrile powder-free examination gloves, with annual sales of RM157 million (approx. US$ 38 million). The Company is a current Ansell supplier and has a manufacturing facility in the Senawang Industrial Estate, near Kuala Lumpur in Malaysia, with significant unused space and capacity.
2020-05-18 13:33 | Report Abuse
panic sellers will regret someday... this is a GOLDEN stock, just wanna remind repeatedly, don't miss the boat and chase high later... anyway, choice is yours... be a smart investor and look for long term potential awaiting... QR also coming soon next month
2020-05-18 13:31 | Report Abuse
hahahahahaha.... keep on dreaming guys.... do you know what is the share price of Ansell in Australia today ? about AUD 35 dollar per unit.... and they're growing steadily upward since 2002 !! and they've acquired 50% stake in Careplus... The current agreement also comes with an option for Ansell to acquire Careplus’s remaining 50 % stake in the joint venture company. Meaning can shoot to 100% ownership ! and reach global market.
2020-05-18 11:54 | Report Abuse
be very careful, learn with what happened to all glove counters last 2 weeks... sharks have attacked all O&G, in 2 days time, you'll see how it can burst :D
2020-05-15 12:00 | Report Abuse
construction and O&G ? u sure ? then u switch la...don't get fried like KFC.. HAHAHA
Stock: [ARMADA]: BUMI ARMADA BERHAD
2020-05-19 14:55 | Report Abuse
anyone else faced the same issue in Maybank platform like @Mabel? i'm using Maybank as well but never had issue today morning... made a sell order at 9.03am & buy order at 9.18 am and was OK... only my Rakuten platform have issue today morning