Traders have had a field few months with Armada

Trust Indian Parliamentarians. They shoud do what China does; firing squad or he has no faith in ONGC from past experience then the later should be flayed. All this at taxpayers' expense, lousy bunch

section 1 & 2 appear on target March 2024 while section 3( land problems) in 2025

Above all true but competence comes into question and market aint impressed as it has one of the highest net short selling position

Another major off project factor perhaps to prime execution maybe handouts just as in bolehland

Armada scrapes the barrel for partners

plagued with problems

wonder when do we stop holding our noses

ONGC's/contractors just cannot seem to execute

market wants to "see" first oil before its eyes ...says much of ONGC's promises

This Mike chappie sold our earlier and moved into YTL Power wonder why

Bumi Armada scrapes the barrel for partners

Armada has a high net short selling postion

TINA if PLUS gets into trouble heading north

Those old enough to know Time.com and understand cashflow would know this is a winner. It is all about positve cashflow and no extra funding than provided for

What a slog

so many irons in the fire and yet not much value seems to be accruing

The CEO ought to be removed. Look at Broadcom, SIA and more led by able ex Malaysian CEOs and in KLSE we have dummies running monopolies and yet perfom badly. Sack the lot.

shares are now like confetti

your pointers are reassuring cheers Nikicheong

What a shame to leave it to this type of management that is not challenged by meritrocracy as we end up with good assets made mediocre. Seen this before when greed causes the amassing of assets with debt and then figure out financing the interest or just call in more equity placement. Whole load of crap mentality.

CyrusQ ... MAA is another crap outfit

Take your chances with the German. Just look at Melewar.. I had MAA too. Take your chances with the German rather than having the same old same old from mgmt. Promises in the 80s ( MAA) and what has it done squat!" MCap 87 mil

not sure why those who keep knocking the share are still here yelling ..move on to a stock that gives you positive vibes

GM WCE himself bought the stock very recently

of late a few irons in the fire

@kaipeng too many false dawns perhaps

Perennial losers

As before don't be fooled by Melewar governance , nothing ever works with them

These clowns treat listed companies
as ATMs

TY is untrustworthy ...anything he touches turns to mud

The Melewar lot do not govern well

These guys just can’t seem to execute.

If true, disclosure obligations ought to be observed!

Cheers Niki! Eagle eyed as ever

one or two derampers

Rchi has called it. All we seem to get is spewing hate and all that negativity. Get a life chaps.

rr88 somehow is able to roll with the punches ...everybody has a plan till they are punched in the mouth ... Mike Tyson lol

Armada's price action is quite befuddling as there seems skepticism aplenty

Cheers nikicheong for keeping us abreast of development

https://www.bursamalaysia.com/market_information/market_statistic/securities

Cheers for the article
@nsyeik142857

Thanks SSlee you have spoken well for retail invetsors.

Kudos Niki for your time and input. It drowns out the noise

back up the truck!

capital idea

that appears to have the most attention

not a hope at this rate

progress at pedestrian pace

mgmt has a credibility issue