Indeed Mr Waters!

The "kick" is in the terminal valuation in the DCF model. A growing company would have a higher valuation. That is why Yinson's valuation is streets ahead

Rohank that is right with cost of equity at just over 16 % and with debt pared down would generally relate to a lower discount increasing PV subject to freecashflow projections. These guys need another project to bump up valuation as buffer to future cashflow projections.

As long as cashflow supports the remaining construction and absent of raising further equity ( CEO has cleared it) there is only one way, that is up as demand will grow. Sell at your peril

with socks,shoes and what not are headlines optimism is an empty promise

just about three weeks ago net shorts was 55 million
it is now at at about half at 26 mil. ie positive. It is just another metric to consider

hello there cheated, most cameras are down on WCE .. how did you manage to come to your view?

Keep an eye on management....hopefully not wealth destroyers

Hopeless in every sense

The next qtrly report would be decisive if I am to hold or sell as there are other stocks that would provide a better return unless AK himself takes it private at a premium. Unlike Yinson, Armada has a declining FCF going forward and there appears to be nothing tangible in the near future.

watching paint dry

True... so many irons in the fire

I should think that is the smart money

The net shorts hovers in the 50 over million range

I am a regular traveller PJ /Ipoh....NSE stinks, roadworks, minor accidents esp when three lanes become two lanes . WCE should alleviate congestion

Armada has to hit paydirt if there is to be an uptick in price

Politics has resulted in 2 months rather than a single month toll free access....bumper crowd miss over Raya

i bought this when the Chinese came in to JV drawing a parallel to Proton/ Geely. Then these clowns upset the Chinese re shareholding …. beginning of the end now jaguh MOUs

thanks bull500

WISE is another top down project. Super Malaysia boleh

Dnex, if you are in profit and your expected return is met sell out.. Mgmt is a failure. Malaysia boleh concept

PNB management GLA

Armada can’t get out of its own way.

DNex and several GLC type organisations are just useless and cannot focus on what they are meant to do as these fellows who run them are placed in there through networking/political influence or family ties. There are quality bumiputra professionals out there but they do not have connections and therefore lose out to these clowns.

This CEO is not up to it like most in GLCs who are there for other reasons

CEO should focus on maximising shareholder value and not dabble in politics/ religion. This guy is a failure.

dropkicks need to provide forward guidance Bursa ought to take note

big boys have their trucks backed up to unload ...

exhausted investors dumping

Point taken

These asses had better get their act together to replenish loss revenue and none of this green mumbo jumbo that would need huge lead times

Armada is a hard slog

Orlando! obviously you have come down with the last wash

so now it heads up

quite right

Gerard I sold out of this sh.t hole a year ago having considered them two timing partner. Yet these clowns are meant to be religious. how on earth do they ever sleep at night

this bunch just not up to the mark. all talk and just cannot execute

Nepo it is about net present value...

Calvin and his delusion of grandeur

Calvin and his crap

Thanks Hisham for Section 11 progress video

Long last

All quiet on the western front

keep it up pal

hopefully there aren’t many here ignorant of valuation methods but there are few standouts

soon enough the state govt will be roped in for soft loans and the gravy train of dubious practices perpetuates...something is rotten in the state of Perak.

all this nonsense is a top down money making expedition..how many highways? Pj Link forgotten for now, Sg Klang link ...god help us!! In case of WCE, it is as old as the hills ( been in it for as long as I can remember! Talam, Keuro etc) and it just dragged on when good old Chan Ah Chye and his shenanigans got in the way; till IJM came to the rescue. WCE is a game changer ( unless tolls are impacted)and any soul with any investment sense would just have to be a patient investor to see the returns just as we did with Litrak, Timedotcom and the list goes on and on. Do your NPV calcs or IRR with broad assumptions and if you can't manage that just check out Choivo who has done a remarkable estimate or look at RAM. If you cant figure this out good night Vienna. Loads of Johnny come latelies had better brush up on numbers before throwing their money and then again it can all come to nought if any untoward happens. Nothing ventured nothing gained!

not all that bad

Southbound WISE users can bypass the Menora Tunnel and also connect to the WCE (pictured)

Traders have had a field few months with Armada