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2 comment(s). Last comment by Gokula Krishnan 2014-08-31 11:02
Posted by Gokula Krishnan > 2014-08-31 11:02 | Report Abuse
found this https://lcchong.wordpress.com/2014/08/25/armada-fundamental-analysis-25-aug-2014/
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CS Tan
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Gokula Krishnan
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Posted by Gokula Krishnan > 2014-08-31 11:01 | Report Abuse
Armada profit track record hasnt been impressive, i am not seing margin growth, its seems like lots of revenue with thinner margin which means they need to run more efficiently to show returns. I have not been able to read any reviews which says so. Why would a shareholder hold a company which cant show that profits will grow? In that sence, if you want to invest in O&G, SKPETRO would probably be a better bet. EPF recent sell down puts it in attractive price.