oil price eased, fed meeting, local holiday in malaysia.. enough reasons for the drop ? Nevertheless, I am going long on this counter..

20% discount..mega sale... panic selling, oversold region, break below bollinger band... stop feeding the shark, become the shark instead..

nobody ever mention about the news being confirmed as bonus issue...merely speculation...I also can speculate reverse TO by SHH... forum being forum...

direction unclear.... maybe those that bought 3.05-3.12 panic sell.. anyway,so long as 2.96 strong support remains intact, i'll remain invested...

last 15 minutes 250 lots at 2.20 today...someone on this forum chew these lots?

tomorrow technical rebound? only tomorrow can confirm if doji and high volume are indicating a reversal..

wrong timing... announced on a profit taking period... on the other side of the coin, if did not announce, sure coastal in red already today..

RM807 million contract...whoopee... tomorrow gap up play ? maybe not... we shall see..

double happiness.... tomorrow gap up play ?

sold too... re-accumulate when it undergoes correction

big shark accumulation already happened between 1.50 to 1.53 for sometime... the show only started today.. neck also getting longer from waiting..

i'm hoping it has completed its consolidation... let's see...

should be good after closing above previous high 1.59..

only 1 director dumping..and 50% of the dumps so far are from recent ESOS..quick and easy money..

1.16..real sticky...

Timing...timing..timing...only if we can get the entry and exit timed correctly...

goreng too fast prone to profit taking....goreng lambat lambat la...

1.09 was it's last resistance... let's see if Armada can close above 1.09 today...

Let's see if there'll be re-rating from investment house today... RM1.1 billion is no small amount... another long term contract.... Looks like I can pass on Armada shares to the next generation...

why sell so early? show just started..

maybe M&A with Shapoorji on the cards?

this time for real ? perhaps...... the longer it is depressed, the stronger the rebound...

perdana just broken strong resistance at 1.30, will it give up so easily after trying so hard to break it? it closed above 1.30 again today, and should give some conviction, though I would have liked it to close higher.

Tongher should have generated more interest by now.. Past one month activities included SBB and Directors' purchase... Something brewing quietly under the radar?

1.77 is now the new support...

No point monitor everyday..short term going to be weak in tandem with oil rout.However, the longer oil price is suppressed, the rebound will be stronger. Oil cheap ppl complain, oil expensive also ppl complain.

Any idea if overhang from LTH shares had been cleared?

why don't PWROOT keep the dividend for later stage (because if results are not good in next quarters, investors might still have a reason to keep invested for the dividend). Either they are just being foolish, or very confident of upcoming results... i guess and hope is the latter...

historically, there was never dividend payout in Q3... traditionally in Q2 and Q4... PWROOT can't wait to get rid of its cash?

could it be those with DRP selling to cash in on quick profit?

Good guess Icon8888 :)

Downtrend or because most o&g also in red today?

One thing to consider for drp. This might create odd lots (for small investors) and selling odd lots sometimes cant do it via online system. Calling remisier to do it will be expensive. Calculate the cost before jumping into drp.

News of privatisation broke out first, then followed by AK selling stake. Either one is true, but which news is used as damage control? Privatisation with 2bill cash not such a bad move after all..

Ogt8989, are u making your comments based on financial report, or based on your six sense guesses? Mind to share your sources?

Interesting.. the timing of the news just perfect. Rebound capped for a reason...

Do you think HB leaving is good or bad for shareholders? Boardroom tussle started some time ago with MissTry joining... looks like HB has lost the boardroom...

It's like a trap setup for HB only. Kena margin call, force selling, and finally "resigned" from the company. Can make a movie already..

So still got hope to buy below rm1?

Haha.. see whether the share price reflects its fundamentals.. all oil and gas not spared..even profitable ones.. that is the power of the irrational market.

AK should be pissed by now :)

Something to do with recent boardroom changes? Recent appointment of Mistry seems to change the dynamics.

words of wisdom.. don't sell into perceived weakness... it's long term contracts we are talking about...

only if you have a crystal ball.. hold 6 months? i think it's holding way into 2016 if this kinibiz article is trustworthy..
http://www.kinibiz.com/story/stock-stalk/123817/bumi-armada-a-long-way-to-a-rebound.html
see you in 2016..

1.35 is the key support.. must not be broken.

Time to head north..

Wasted opportunity to collect at the cheapest

Could be Dayang manipulating to get more shares on the cheap?

That was before the drop. How bout now? plus Dayang increased stakes.

too much excess share OR sold to big sharks at RM 1.35 ? they can continue selling until it drop to RM 1.35 and still earn... but going by current price, downside seems limited..