After this result, TP won't be 60 cts anymore. I will be diving in deeper if price go below 58. I will expect counter to go above 80 once they announce a project win.

Reckon Qtr results after lunch tomorrow

Paying dividends

Paying will be insane when paying down loans and holding cash reserves for potential projects are key. What we now need are a couple of contract wins in coming months for stock price to shoot up.

Waiting for the TotalENergies FPSO catalyst to bring this over 60sen

Its fundamentals point towards it being grossly undervalued.

Might break 50sen today...

Counter is gathering strength...

Lets see how the market will react towards this set of solid results. Of importance is the continual reduction in net borrowings and future earning potential.

Should be announcing Q3 anytime now

1 cent already so excited ...I'm waiting for 20 cts jump by end of year...now that will be exciting...

Expecting Qtr announcement tomorrow lunch time

Expecting QTR announcement this week

No brainer. Of course there will be some form of bail out as Sapura is a Bumi showcase for this key sector. Tak kan Bumi hilang di bumi O&G lah. Expect counter to hit at least 20 soon

Expect at least 1 analyst will have a target price above rm 1 by tonight

The debt/equity ratio looking to crack 1 within next 2 quarters..

Reckon that this counter needs a catalyst ie a major project announcement, to blow the resistance off the current share price. Their optimism is good..Thanks Niki for update.

I've not attended/attending the AGM but what is the outlook on coming projects/jobs?

Don't expect dividends as long as Bumi still has a long debt overhang. Keys for the share price to shoot up are earnings growth, loans paydown and new FPSO projects..

Waited for it to hit 3.5 until neck also long. Afternoon saw 3.01...sapu baby..If hit 2.7, sapu lagi..

I'm betting on the fundamentals which are getting stronger by the day.

Reckon some big boys are pressing down the price and moping up in big volumes.

Guess we can bet the house on Armada and sit tight for next 3 years. Rm 1 in 3 years is probably doable.

If earnings good and oil price shoots further, then I will send Putin a New Year card..

Qtr announcement should be tomorrow kua.

Paktua my guru lah. I queue at 2.4

Qtr announcement this Friday?

Has broken multiyear resistance of 55cts. If it holds by end of day, this baby will start sailing. Just don't let the crude price drop below $85...

Market very quiet. Need volume..

6 consecutive qtrs of kick ass profits...

Another round of upgrades expected from analysts..

Qtr results out this Friday kua. Thanks for update, Niki.

Macgyver, thanks for the summary. This little armada of ours is straining at the leash. The financials are heading in the right direction and what his baby needs is a catalyst. A mind popping qtr or a major win. May happen in a week's time or over the next few qtrs. Matter of time...

With oil prices reaching towards 100, more potential for contracts. One or 2 good news will provide the catalyst to drive this baby...

Can buy at this level and just collect dividends...until another pandemic hits

Waiting to masuk at 20cts. Mari mari

Will shoot up once it breaks 55. Expect this to happen this week

Thanks Niki for the update.

Not surprised if QR announcement coming Friday

Armada is like a dragon right now. Price will hover when its breathing normally. Once it starts breathing fire ie vol shoots up, sellers get swallowed. Huat ah!

Would have been nice to short this fella

Most of the stars are aligned. Confident this will reach 1.00 within a year. Just be patient.

Reason why Maybank's valuation is low compared to other IB is they are using SOP method ie sum of parts. This essentially values the company based on the existing FPSO projects and what its worth if each of these are individually spun off. Possibly the most conservative method of share valuation.

Given the nature of the business, the share price will not be shooting up cryto style but will gradually climb. Its evident that if Armada can maintain a consistent qtrly earnings improvement, its financials will be compelling. Just look at the trailing 12 months earnings trend. Looks pretty impressive...Expect us to touch 1.00 this year..

Yeah, the streaming was horrendous. This management team sounds trustworthy and competent. Doesn't look like hiding anything and not concerned about hard-selling to the investment community. Positive take-away is that they didn't try to paint a rosy forecast and were realistic with their numbers. Feeling is we can expect solid performance going forward. FPO will be the flavor going forward with OMS business de-emphasized. I will look forward to the next couple of qtrs.

Outstanding guys! Huat ah!

Expecting 150m as well with no neg news so far. If debt level improves further, the stars will be well aligned. Attending virtual AGM in afternoon.

Good for you leslie. Expect > 30% profits..

Lets see if got strength at closing..

Last call as the Armada is leaving the shores..