Goldman Sachs Group Inc. cut its oil price forecasts as it sees a global glut persisting into 2016 on further OPEC production growth that may force prices to drop as low as $20 a barrel.

EPF pump and dump. Buy and sell in same day or next.

Batches and batches of new ones come in and get trapped again again as Armada do impairment again and again.

I have bought THHeavy which have really hit the bottom instead.

viper88 Have to give it to you that you really have the patience and stamina, so hope you do not mind sharing briefly what lay ahead for this company?? How is its future??

Talk about Malaysian stocks first la

Lost your pant or not?

Calvintaneng, relax visit www.hotchick.com for therapy

HaHa calvintaneng is easily the biggest lose in i3. Loose due to the heavy depreciation of RM against SDG and wait 25% in o&g uou say??

This company relying heavily on government for projects. Look at the goverment now!

Will hit 52 week low soon.

The WTI light sweet crude is no longer sweet; it has gone below usd 40.

Oil price below usd 40 Petronas' production cost above usd 45; sure close even more rigs one.

Rigs all closed PEnergy nothing to service under all its service contracts from Petronas.

Better sell Monday.

The WTI light sweet crude is no longer sweet; it has gone below usd 40.

Oil price below usd 40 Petronas' production cost above usd 45; sure close even more rigs one.

Rigs all closed Barakah nothing to service under all its service contracts from Petronas.

Better sell Monday.

The WTI light sweet crude is no longer sweet; it has gone below usd 40.

Better sell fast Monday. Can buy back later at much lower.

The WTI light sweet crude is no longer sweet; it has gone below usd 40. Better sell Monday. Can buy back later at 50 cents.

Barakah is a Bumi O&G company that rely 100% on Petronas.

No good now as Petronas is closing down its oil rigs from 38 to 14 by year end.

All the contracts from Petronas won now have 0 value.

So now waiting for what to push up the price???

30 cents sure??

The slaughtering is doing a lot of good for you.

Finally you come to your sense. 50 cents sure??

O&G counters are going to continue to drop and remain low for at least 2, 3 years, at least.

Focus Malaysia reported earlier.

Now The Star also just reported; Petronas is closing down its oil rigs.

http://www.thestar.com.my/Business/Business-News/2015/08/17/Petronas-lowers-rig-count/?style=biz

Focus Malaysia reported earlier.

Now The Star also just reported; Petronas is closing down its oil rigs.

http://www.thestar.com.my/Business/Business-News/2015/08/17/Petronas-lowers-rig-count/?style=biz

Petronas' oil rigs are operating in relatively easier condition compared to Armada's customers yet it is closing down. Armada's many units of FPSO will be out of job.

Focus Malaysia reported earlier.

Now The Star also just reported; Petronas is closing down its oil rigs.

http://www.thestar.com.my/Business/Business-News/2015/08/17/Petronas-lowers-rig-count/?style=biz

Petronas closing 14 of its 18 offshore oil rigs.

All the O&G companies relying on Petronas is going to makan sendiri.

martin555 what are you waiting for? The type which will cause the most blood is preferred.

The one who said he will slaughter himself kindly get the sword ready.

No worry continue to hold Armada. Look at Yinson price still very high.

Told you rebound sell you dont listen. 80 cents very soon.

Heard no jobs no income yet the yard is burning hundreds of thousands of cash every month

Unbelievable, so low. Its yard is so quite now you can hear a pin drops. The CEO has warned before that THHeavy is not getting any jobs.

The only way out is to get out of oil and gas business. But who want to buy fabrication yard at this moment and what is going to happen to that one and only FPSO? Scrap it??

The minute he knew he has made a mistake QLC cut like no tomorrow. And on hindsight he is 100% right!

THHeavy has only one FPSO and look at its price now only around 15 cent compared to Quek Leng Chan purchase price at around 40 cents and 52 week high at around 80 cent.

Any rebound sell. MUST SELL else you are looking at 60 cent very soon. China demand is gone now.

Good news for consumers.

Oil price will not recover for at least the next 2 to 3 years.

According to Focus Malaysia Petronas is closing down 14 of its 18 offshore oil rigs. 14 out of 18!

Bad bad news for oil companies.

In this day and age still ban newspapers, we are regressing to the level of North Korea

Online is good... but problem is just can't reach the kampunng folks

Monday drop 300 points

Exposure of corruption leads to a ban.. Malaysia Bolih

Don't dare to take on Mahathir just bully the newspapers bully the rakyat...

What do you think Malaya had to offer then?

Nothing, they were attracted by absolutely nothing over here.

It could have been absolutely anywhere.

The Chinese then were not going after something; they were running away from the ravages of war that they have fought hard and won.

Over here the karajaan just happily handed over power to the British and called them sir.... and then to the Japanese and then the British again... if the WW2 had dragged on I am pretty sure your ancestors would have ran to the Siam.. think about it

CFA service is the biggest rip off of all.

Just tell you you need 2m to live comfortably in retirement but never show you how to get the 2m.

Worst of all they then will push products for you to buy, products that do nothing to get the 2m.

Biggest rip off

Some Malay think the early Chinese were here because they were attracted by the KLCC Twin Tower and whatnot.

Hello when the early Chinese were here there were only thick tropical jungles and attap houses ok.

Without the Chinese you will see the Twin Tower only being built in 2060.. maybe

Profit in term of EPS has dropped to about 1.23 cents, and say for whole year the EPS is about 5 cents then at current price the PE will be around 25.

With oil prices expected to remain low for many years to come and legal cases and bad debts etc etc... how to justify a PE of 20+???

Aiya 42B only u treat like big deal... complain complain complain

Tak suka.... balik China la... balik India la... balik Indon la.... Balik Balik

Aiya 42B only u treat like big deal... complain complain complain

Tak suka.... balik China la... balik India la... balik Indon la

Aiya 42B only u treat like big deal... complain complain complain

Tak suka.... balik China la... balik India la... balik Indon la

HaHa Still long story this and that

Woodside's target price for Armada without a doubt is 0.03

Some guy just can't be trusted. Have been saying very good than he sold at 39sen.. beware

orlandooil

Big players will push up the price today because the new rights issue still have to wait for a couple of months
02/03/2015 08:29


This is laughing at u... u also can't tell ?!?

U are sharp all rite.. no doubt about that HaHaHa

Big players will push up the price today because the new rights issue still have to wait for a couple of months

perisai should have provided for impairment loss for its two idling assets which it has not been able to get contract for a long time already... even Petronas has provided for impairment loss on its assets. Perisai Q4 result may not be so accurate IMHO

Armada will stop dropping when EPF stops selling Must watch EPF closely to see if it is done selling

Sell?? Obviously you don't understand how the big players control the price

The big players have bought big to push up the price to take advantage of the Q4 big loss as they already knew before hand

The big players will buy big again to push up the price to take advantage of the big serious problems the CEO has mentioned in an interview as they already knew before hand the CEO talk kok