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.

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/