Hahahahahahahah loser apan yes yes I bough armada at rm1000000 not like you loser don’t have 1 shantes

Run will go down to 0.10

Run apaman

Good luck apan loser hahahahahahahaha sapura will go down to 0.10 hahahahahahah run

This is the ground I call younloser

You jealous me buy low sell high? Hahahhahhahhahahaha

You are loser

I no need to prove to you just
Like you no need to prove your comment but when you give comment you are open to let people score you

He got nothing during this long holiday hahahahahahahaha he is super loser

He jealous us earn big miney

He got no shares

Apannama is loser

Apanama is stupid

https://www.bumiarmada.com/App_File/Image/assets/%5BFinal%5D%20BAB%20AR2018.pdf

(File pix) Investors watch a monitor at a stock exchange. Archive image for illustration purposes only. EPA-EFE Photo
By Bernama - October 23, 2019 @ 2:07pm
KUALA LUMPUR: AmInvestment Bank Bhd has maintained its ‘buy’ recommendation on oil and gas support services provider, Bumi Armada Bhd, with a higher sum-of-parts (SOP)-based fair value of 54 sen per share from 42 sen per share set earlier.

The “buy” call was in spite of the company’s share price falling as much as 24 per cent to 36.5 sen at the final trading hour, before recouping some of it’s lost to close at 40 sen on Tuesday.

Bumi Armada was the most actively traded share on Bursa Malaysia yesterday with about 170 million shares changing hands.

In a note today, AmInvestment described the sell-down on Bumi Armada’s shares on Tuesday as overblown.

Bumi Armada’s shares were likely sold down yesterday on news that independent UK-based exploration and production operator EnQuest, currently with a market cap of £296 million (RM1.6 billion), has ‘proactively down-manned’ the Thistle platform on Monday in a precautionary move, after a preliminary subsea structural inspection related to a support element on a redundant subsea storage tank.

According to the research house, the incident at the Thistle platform was not related to Kraken oil field in East Shetland Basin where Bumi Armada was awarded a US$1billion floating production, storage and offloading (FPSO) vessel charter in 2012 by EnQuest.

“Furthermore, the management views that the worst is over for Armada Kraken’s operational performance, we view the sell-down on Bumi Armada’s shares as overblown,” it said.

At 10.34 am, Bumi Armada was the most actively traded stocks on the local bourse, with its share price rising 2.5 sen to 42.5 sen and registered a volume of about 214.52 million shares. -- Bernama

apan loser with no shares

Hahahahaha apan i brought at 0.15 and sell at 0.50 than brought at 0.365 you loser only talk with no share

Apanama no brain And super stupid

Apanama no brain No money

Apanama no brain With no shares

Apanama no brain

Apan really stupid

Ak will push armada Price today. Bcs he want to show off during deepavali holiday hahahahahahahah

4574 no need to explain lah hahaha

Now q to sell only 3794 hahahahaha 4574said 1m he is liar super liar hahahahah

when the sighnal come you need to buy expensive hahahahahahahah like 4574. Just play buy high sell low game not like us since armada 0.15 made big money

4574 loser

Apan mf IK 4574 fear hahahahahahah time to buy more in cheap price hahahahahahah

All good news come out soon so just buy and wait

Mf really sick and super stupid and pig

You will become very rich

IK just buy and wait next quarter report out and wait until 4th q report

Win so much money other company also help earn money hahahahaha hahahah

Hahahahaha hahahahahahah today manage to sell 0.46 and buy back 0.43

I think he lose so much money

Apan is loser talker

Apan really stupid super pig

I buy all the way and always sell at highest price

4574 you should sell at 0.455 really loser

4574 buy high sell low hahhahahaahhajahahah

4574 loser

4574 sell low already IK only left 100lot armada JC Geco ckca disappears we made big big big money and loud everyday hahahahahaha

Apan nearly dead

Mf need medicine

https://oilprice.com/Energy/Energy-General/Oil-Prices-Climb-As-EIA-Reports-Surprise-Inventory-Draw.html

Apan really stupid super stupid give baseless comment only show his stupidness here hahahahahahahah jealous we made big money here

today won 2m again total 7m

Investment Highlights
We maintain our BUY recommendation on Bumi Armada with a higher sum-of-parts-based fair value of RM0.54/share (from an earlier RM0.42/share), translating to a low FY20F PE of 10x vs. over 20x for the sector.
Bumi Armada’s shares were sold down yesterday likely on news that independent UK-based exploration and production operator EnQuest, currently with a market cap of £296mil (RM1.6bil), has “proactively down-manned” the Thistle platform on Monday in a precautionary move after a preliminary subsea structural inspection related to a support element on a redundant subsea storage tank. Thistle lies around 201km north-east of Shetland.
EnQuest’s 115 workers were transferred from the Thistle platform to the nearby Dunlin installation and has announced that the platform will remain shut down pending the conclusion of further inspection and any necessary remedial action.
EnQuest, which produced 68,548 barrels per day in 1H2019, is expected to generate earnings of US$159mil in FY19F and US$166mil in FY20F, over 2x vs. Bumi Armada. It has interests in multiple oil fields located in the North Sea comprising West Don, Don Southwest, Broom, Heather, Thistle, Deveron, Magnus, Greater Kittiwake Area and Kraken. It also operates the onshore Sullom Voe Oil Terminal, Ninian crude oil pipeline system and Northern Leg gas pipeline.
Recall that Bumi Armada was awarded a US$1bil floating production, storage and offloading (FPSO) vessel charter in 2012 by Enquest for the Kraken field located in the East Shetland basin, 400km north-east of Aberdeen. The FPSO is a converted Suezmax tanker with a daily production capacity of 80,000 barrels and storage capacity of over 600,000 barrels.
While first oil for the Armada Kraken FPSO was achieved on 23 June 2017, the vessel has not been able to secure its full contracted charter rate given technical issues which resulted in sub-optimal production levels. Currently, management is unable to provide clarity on Armada Kraken fully achieving Enquest’s contracted production targets.
As the incident at the Thistle platform is not related to the Kraken field and management views that the worst is over for Armada Kraken’s operational performance, we view the sell-down on Bumi Armada’s shares as overblown.
Nevertheless, given the group’s still higher gearing, we expect further announcements to monetize the group’s offshore support vessels, given its low overall utilization rate of only 50%, idle construction vessels and up to 40% stake in the fully operational US$1.5bil Armada Olombendo, deployed at Eni’s Block 15/06 off Angola.
The stock trades at an undeserved FY20F PE of 7x currently against a backdrop of a sustainable earnings recovery and improving balance sheet risks.
Source: AmInvest Research - 23 Oct 2019

Apan loser talker with no shares

Thanks armada