There is no support from the financial institute like epf, pension fund unless from ikan bilis, ah long, shark....

Ekuinas not allow to buy-back share b'cos there are not like EPF. There are just private equity where their policy do not allow them to buy-back share.
Means long-term, it will continue down.

Sure ekuinas will say support icon b'cos if they sell now, the price will plunge further back to their investment price of 40 cents. End of the day, the tax-payer may have to bail-out ekuinas. Another 1MDB.

This is just my friendly advise. Not to kasi anyone mampus.

Given that a large number of the Armada group’s OSVs are with higher horsepower (bhp) and about half the fleet is on long-term charters, Bumi Armada is relatively insulated from the supply glut faced by lower bhp vessels.

Not like ICON off-shore, many of them low horsepower OSV,,,,market flooded with low horsepower OSV....caused low utilisation rate.

http://online.barrons.com/articles/SB51367578116875004693704580450703872409636

water tariff increase soon

http://www.thestar.com.my/News/Nation/2015/04/25/Water-rates-need-to-be-hiked-Current-tariffs-only-cover-operating-costs-says-SPAN/

water tariff increase soon

http://www.thestar.com.my/News/Nation/2015/04/25/Water-rates-need-to-be-hiked-Current-tariffs-only-cover-operating-costs-says-SPAN/

the storm not over yet

http://www.focusmalaysia.my/Mainstream/More%20arrests%20likely%20as%20Icon%20probe%20widens

i think many of his junior also jump ship. Afraid being investigated later. The whole family also maybe got problem b;cos same DNA.

father and family same DNA-mah. Shit logic....

the can of worms start to expose.............. SC will check their account soon ... maybe profit not accurate... no wonder no dividend

wah.........seriouslylah... kena bail
sure kena charge later.
Don't play-play with MACC

this ceo/coo never take-care the daily operation. Always play share only.

Always ENTERTAINMENT the vendors.... CEO = Chief Entertainment Officer

Next week will break 1.90
Then will heading back above 2.00
Something is brewing.... maybe listing of tune insurance, thailand

monster grouper ATTACKKKKKKKKKKKK

invest malaysia 2015 still can pakai-meh ????????????????
hahahaha......

talk, talk, talk,................
still continue going down from 1.85, 1.75, 1,65, 1,55........... until now 0.62 cents
talk until the "cow come home" still downtrend.
hahaha,,,,,,,,,,,,,,,,,,

on the road to 1.90

syok sendiri

buy at 40 cents . Sell at 60 cents. 50% gain.
Rather then buy at 60 cents and sell at 64 cents , 7% gain.

they will let the volume to build-up for another 1 million at 0.62
Then i shot , throw 1 million again at 0.62 . This director waiting the opportunity to throw for any price.
i hope i'm wrong this time.

all kecut already.

i hope i wrong also. But i'm right

they let the volume to build up at 0.625
Later one shot, throw out 1 million at 0.625

selling start.
Another trap.

Sooner or later, supply will be less than demand. Therefore, bottom has been reach for Armada. Now is uptrend.

https://finance.yahoo.com/news/half-u-fracking-companies-dead-162143399.html

frankly speaking, this CEO previously is Tanjung Offshore’s marine vessel arm ex-CEO.
He already jack-up the asset price before sell to Ekuinas. Somemore another jack-up when equikas do an IPO

Therefore, 40 cents actually already too-much.

no worry on armada. New management . Just accumulate if down.
The previous right issue + bonus issue ex-date price on 10 Sept 14 is 1.84
Those taking the right issue is still at pain at current price of 1.21
(60 cents different) .

Ekuinas bought Omni for RM220.9mil and Tanjung Offshore’s marine vessel arm for RM220mil cash. Total together ekuinas investment is
RM 440 mil

total icon share 1.2 billion.
means the investment value is only 37 cents/ share.
They listed for RM 1.85 / share .... 5 times ekuinas investment.

So, 40 cents is my target price.

From
JL Investment Bank

tomorrow morning-morning, this pokaicon will do a "pandalela diving" style.

belum cukup 1 tahun (from IPO date) , sudah kasi semua olang pokai.
Kasi tukar nama ke pokaicon.

the can-of-worms have not been opened yet.
Why so Kan Cheong to buy ?
Wait until the worms come out, then only can buy.
Man-Man lai

tomorrow open, gap down 3 cents.
Then will be really panic ................ run until old slipper also come-off like cinderella.

hah...... itu ISO certificate also falsified one kah ? Like that better sellllllllllllllllllllllllllllllllllllll.

you olang macam SIN KAR LAN.
apa pun tahu punya.

blood on the street.
all internal organ come out.

i bought at ipo day at 2.02 and sell at 1.85.
Never regret to cut loss that time.

last time ipo at 1.85. Nobody believe it will drop to 63 cents today.
But now you have to believe that it can happen that it may drop to 40 cents. Nothing is impossible .

i think ekuinas investment value is only 30 cents per share. Why there want to privatise at 63 cents ? They will wait it to down to 40 cents and start to think about privatise.

All the ipo price all cooks-up very high.

another SAAG

2nd wave will come.
Don't so happy.

uncle , auntie,
pls sell to me. I want to accumulate at low price

their par value also 50 cents.
The main shareholding also untung if the share price 50 cents as they value the merger tgoff marine vessel arm and omni (before ipo) at very high value.

alam 69 cents
icon should worth 50 cents only due to all this issue. Somemore CEO selling.

those company under ekuinas which is a major shareholder for icon is in deep trouble.
Burger king also huge loss. No wonder , brahim cancel the deal to buy burger king from ekuinas.

probably ekuinas will be another 1mdb.

this kps really trap me this time

kps = kena perangkap selangor

listen to the famous blogger Salvatore Dali on Armada in the BFM.
Recommend to buy from him.

http://www.bfm.my/sm-salvatore-dali-malaysiafinance-scoopswhispersrumours-2015-04-22.html

this article mentioned:

" But expectations of an immediate increase in supply have been tempered as analysts warned a ramp-up in exports could take months and would likely not happen before 2016."

http://articles.economictimes.indiatimes.com/2015-04-06/news/60866098_1_oil-futures-final-deal-analysts

Therefore, we still in early 2015.... no worry.

hey........... uncle and auntie.... don't gossip here, gossip there-lah.
This Armata very good-one. Cepat-Cepat buy-lah. Trust me. I Jon't Lie.
Read below a famous trader said.
http://www.worldoil.com/news/2015/4/21/world-s-biggest-oil-trader-says-crude-price-can-t-drop-much-more

today klci index (21/4/15) is EXACTLY SIMILAR to index on 21/4/14 at value 1862.

Market will bull run until end of may to repeat 2014 again.

epf start buying

9/4 -5:43PM ARMADA EMPLOYEES PROVIDENT FUND BOARD (5,000,000 units Acquired)
10/4-6:48PM ARMADA EMPLOYEES PROVIDENT FUND BOARD (3,000,000 units Acquired)
15/4-7:02PM ARMADA EMPLOYEES PROVIDENT FUND BOARD (2,000,000 units Acquired)
17/4-5:24PM ARMADA EMPLOYEES PROVIDENT FUND BOARD (1,308,700 units Acquired)

record breaking. today volume 74 millions, the top 3 most active .
Like volcano explode.

1.50 sap-sap sui to reach
this kind of volume, easily push to 1.50.
After reach, the IB will revise the price up further.