Lesson from Bursa everyday

Like watching a repeat of Lion Ind

potential retracement 50 cents

evidently retail selling has dried up....

vol 85 mil buy rate 85%

interesting whos buying?

doesn't that explains why revenue wont be constant?

cant figure whats the attractiveness of this stock. With no fixed contract in quantum from Petronas, how can you annualised it to be eps 20 cents?
Possiblely another mistake

usd 18 is as cheap as the middle east

there is no fixed contract amount with Petronas isn't it? Only when the need arises hences the losses before this...beware

Investors who followed the analyst's recommendation would have received a negative 82 percent return in the past year

worst than actual predictor?

How can the cost be USD18????? Mad

Anybody knows why the quarter before the latest was all losses?

He is also assuming impairment after 2 months of redundancy and no future contract until 2020, how does he know that? Can he see the future? Still assumptions, not realised.

Our SOTP target price implies 2x P/E????????

Question is they interviewed the management or this is based on assumptions?

Why is the analyst so worry about impairments? its a non cash item. Bulk of the profits is from FPSO and profit from OMS is a bonus. Worse case scenario is that they can scrap it and sell it just they plan to do with OSVs.....

Where got 38% decrease? Few hundred percent from Initial TP?

idss 3.5 mil

real retail volume is low....operator pushing left and right until resistance is at the bottom

operator controlling the price at 15...AK?

or shorties again?

epf again?

tail end of contract. avoid

guess pearlwhite is a woman...hahaha

Possibly driven up to dispose by spv as LTH need money. Coincide with results

It won't take much to drive up Armada...

at cost? hardly
31.4 mil 93% buy
very interesting....something must be coming

despite 23 point drop...interesting

22 mil 93% buy......epf probably supplying the sell Q

if epf sells all, they can clawback 65 million....they probably lose hundreds of million in Armada. Really puzzling....

how much can epf clawback from their investments? it doesn't make sense. same with mitrajaya epf disposed 5% holdings at such low price. Its confounding how they can make money

but selling at this level is scraping the bottom, might as well risk it, all time low....if I was epf

Epf also lost his balls.....Armada too risky

Looks like accumulation at the cheapest level possible...…..haha

possibly same both side but definitely not to create buying interest. charts don't lie

unusual

out of 8.7 million...94% buy

epf is probably the selling Q

there is also a MACD divergence, probability is up

all the bad news, retailers won buy much....but buy rate 87%

Happy New Year Meng Yew

some news might be coming...the squeeze is quite tight

index need to consolidate rebound from 1630

common lah. Astro management team also Finging around...whats new?

They will extend until you are frustrated and sell to them

nowadays stocks don't respond to TA, have to publish to excite people to buy...haha

good news coming. buy rate 87%

see told you....another extension. the system allows it to happen perpetually

think 15.5 is the shorties Q. Buy rate is 76%

volume 947k idss 500k