BUMI ARMADA BERHAD

KLSE (MYR): ARMADA (5210)

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Last Price

0.50

Today's Change

0.00 (0.00%)

Day's Change

0.495 - 0.51

Trading Volume

10,149,800


45 people like this.

72,266 comment(s). Last comment by Robert Waters 1 hour ago

RJ87

5,134 posts

Posted by RJ87 > 2020-02-25 11:41 | Report Abuse

bullrun1985 click this fake account https://klse.i3investor.com/servlets/cube/post/rj87rj.jsp

And click this actual profile https://klse.i3investor.com/servlets/cube/post/rj87.jsp

Wait, u seem reluctant to find out the truth. Well, I guess you are the same gang from the world of sohai. =D

boonwei98

88 posts

Posted by boonwei98 > 2020-02-25 11:41 | Report Abuse

So easy to give 5000 rm away...fools and his money are soon parted. :)

RJ87

5,134 posts

Posted by RJ87 > 2020-02-25 11:43 | Report Abuse

Feel free to go through my 2980 comments and find where I collect any money from anybody. And if you found one, feel free to post it here.

https://klse.i3investor.com/servlets/cube/post/rj87.jsp

RJ87

5,134 posts

Posted by RJ87 > 2020-02-25 11:46 | Report Abuse

Actually guys...how awesome this world is if we have more gullible people like holachico that gives me RM5K just because I asked and idiots like bullrun1985 takes in whatever shit people feeds him with.

Maybe I'm not a good scammer. I find it people are extremely hard to part with their money.

Laugh die me.

RJ87

5,134 posts

Posted by RJ87 > 2020-02-25 11:48 | Report Abuse

Prove of holachico is stupid....

https://klse.i3investor.com/servlets/cube/post/rj87rj.jsp

RJ87

5,134 posts

Posted by RJ87 > 2020-02-25 11:48 | Report Abuse

Prove of holachico is stupid....

FAKE
https://klse.i3investor.com/servlets/cube/post/rj87rj.jsp

InvestorKING

5,931 posts

Posted by InvestorKING > 2020-02-25 11:52 | Report Abuse

Tak, it's only touching abit only 0.385, only 45,000 shares only, it won't be able to break 0 385

RJ87

5,134 posts

Posted by RJ87 > 2020-02-25 11:57 | Report Abuse

You know what's the dumbest thing?

In this sohai comment history...15 comments
https://klse.i3investor.com/servlets/cube/post/holachico.jsp

Don't even have any history of talking neither the real RJ87 or even the fake RJ87.

Eh, wanna frame people also USE BRAIN. AT LEAST, talk to the fake RJ and pretend that he received ur 5K. Even if you did all that? You can't back date...Both accounts are opened today. Not even 28Jan that you claimed you sailang.

Let me teach you how....
You create another fake RJ87, then you open another fake account. The, talk shit in both accounts. for about 1 month. Then only pretend RJ87 took ur money by having some conversation or sailang in some account. Then, only come accuse me of things I didn't do 1 year later....Learn, don't say I don't teach you. Come back at me 1 year later.

Wakakakkaa. Amazingly stupid.

RJ87

5,134 posts

Posted by RJ87 > 2020-02-25 12:01 | Report Abuse

if you can show me where I took ur money here..

from your new account https://klse.i3investor.com/servlets/cube/post/holachico.jsp
and the fake RJ account you created here. https://klse.i3investor.com/servlets/cube/post/rj87rj.jsp

Then, even if I didn't take ur money. I will give u RM5K. Not because I took your money, but bcos I think u very lihai to able to access i3's server backend and change datafield and values. I might give you a job too just in case you are jobless.

InvestorKING

5,931 posts

Posted by InvestorKING > 2020-02-25 12:06 | Report Abuse

Today why low volume?

RJ87

5,134 posts

Posted by RJ87 > 2020-02-25 12:06 | Report Abuse

No excuse, if you can show me where I took ur money here..

from your new account https://klse.i3investor.com/servlets/cube/post/holachico.jsp
and the fake RJ account you created here. https://klse.i3investor.com/servlets/cube/post/rj87rj.jsp

Eh, sohai...that's ur account right? You can only delete your own message. Atleast write la something in ur comment history like "OK RJ, I pay you RM5K"

RJ87

5,134 posts

Posted by RJ87 > 2020-02-25 12:07 | Report Abuse

Sorry la. I'm too smart for you. Your cover blown already.

I already teach you how to do it. Comeback at me next year ok? =P

RJ87

5,134 posts

Posted by RJ87 > 2020-02-25 12:11 | Report Abuse

People that follow my comments knows I use quarter report. Never use "insider" info.

Free insider info are as good as it's worth. NOTHING.
I paid for the info I get. I pay and share with you? Not really.

The nice one here is mikekim. He shares info from paid services.
But he did put disclaimer. Your money, your call.

RJ87

5,134 posts

Posted by RJ87 > 2020-02-25 12:13 | Report Abuse

I will if you canshow me where I took ur money here..

from your new account https://klse.i3investor.com/servlets/cube/post/holachico.jsp
and the fake RJ account you created here. https://klse.i3investor.com/servlets/cube/post/rj87rj.jsp

What you can't provide proof of payment? =D

RJ87

5,134 posts

Posted by RJ87 > 2020-02-25 12:14 | Report Abuse

This is YOUR account.

proof of payment please..
https://klse.i3investor.com/servlets/cube/post/holachico.jsp

RJ87

5,134 posts

Posted by RJ87 > 2020-02-25 12:15 | Report Abuse

I can't do anything with your account and the fake RJ87 account...that's a FACT.

mikekim

1,311 posts

Posted by mikekim > 2020-02-25 12:15 | Report Abuse

It's time to refocus on the business operations of Bumi Armada.

Which is a fixed term, fixed charter FPSO contract that is stable and recurring for many years to come.

I think the market is very slow to recognize Kraken's improvement to >90% operational efficiency, which Enquest has deemed to be excellent and above expectations. This would mean that Bumi Armada would not need to pay any penalties to further fix Kraken for a long time period in the future (net off against charter revenue), so we will see substantially increased cashflow from Kraken in the future. This is HUGE for Bumi Armada.

We'll see this reflected in Q4 onwards.

RJ87

5,134 posts

Posted by RJ87 > 2020-02-25 12:17 | Report Abuse

Only thing that holachico can prove is his account was opened this morning.

And has been barking nonstop. =D

This is YOUR ACCOUNT. I can't post or delete on your behalf.
https://klse.i3investor.com/servlets/cube/post/holachico.jsp

SuperPanda

11,431 posts

Posted by SuperPanda > 2020-02-25 12:26 | Report Abuse

Hold tight, might be the best ever result compare prev qtrs (without one off gain)

RJ87

5,134 posts

Posted by RJ87 > 2020-02-25 12:28 | Report Abuse

mike, what I'm hoping to see is annual FPSO revenue circa 2billion and increase OMS revenue to around 500-600mil. Else, operational expenses from OMS is dragging Armada's gross margin.

See what this Gary can do for us.

When value unfolds in Quarter Report, the visionary and the bold will be rewarded.

You are very daring to commit so much before quarter report. I stand by after quarter report. Perhaps, my entry after QR can help push the price up benefits everyone.

P.S. Unlike some cheapskate ARBB punters. Dare to come bet RM1.5mil with me. But don't wanna push ARBB up.

SuperPanda

11,431 posts

Posted by SuperPanda > 2020-02-25 12:28 | Report Abuse

Alam will post better result too

RJ87

5,134 posts

Posted by RJ87 > 2020-02-25 12:30 | Report Abuse

Fake holachico, you should go laugh at yourself.

https://klse.i3investor.com/servlets/cube/post/holachico.jsp

I wanna pay also dunno pay who. Can anyone here help? Where is banking details or proof of payment. Na dai.

RJ87

5,134 posts

Posted by RJ87 > 2020-02-25 12:33 | Report Abuse

When I ask for account details to pay him. He talks about badminton.

RJ87

5,134 posts

Posted by RJ87 > 2020-02-25 12:34 | Report Abuse

okay....I will pay RM5K to Tan So Hai, account 444 6644 4444, Bank of Holland right?

RJ87

5,134 posts

Posted by RJ87 > 2020-02-25 12:36 | Report Abuse

Eh tolong la, no bank details... how to pay? Unless u r tan so hai, and u do hv account in Bank in Holland. Then only it works right? Stupid.

RJ87

5,134 posts

Posted by RJ87 > 2020-02-25 12:38 | Report Abuse

Eh....now he doesn't want his 5K anymore....I dunno who is the scammer anymore man.
hahahahhahaha

RJ87

5,134 posts

Posted by RJ87 > 2020-02-25 12:38 | Report Abuse

bodoh to the max...

InvestorKING

5,931 posts

Posted by InvestorKING > 2020-02-25 12:40 | Report Abuse

Jonathan said this Friday quarter report being released

mikekim

1,311 posts

Posted by mikekim > 2020-02-25 12:50 | Report Abuse

I've held through the past 8 quarterly results - gone through the ups and downs of the 2018 excruciating write-down losses of Kraken and also the reversion to strong net profit in 2019.

Gary will fight very hard to produce a sparkling full year 2019 results because his pay is tied to it amongst other components like Kraken improvements etc.

The big elephant in the room is the so called potential impairment of Claire post court judgment as brought up by some people on this forum. Claire's disappointing results have obviously been priced in during the fall from 0.55 to 0.35. Also Armada has not declared whether they are going to appeal or not, so any potential impairment in Q4 2019 is premature until the final outcome at the court of appeal (if BA decides to appeal).

On balance, we're likely to see the best quarterly results ever in Q4 2019 from these 3 key drivers:

1) Kraken's uptime to >90% in 2H2019 (verified by Enquest)
2) Perdana RM18m/quarter savings fully recognized in Q4 from the sale of Perdana in end Q3.
3) Higher OMS utilization (combination of idle vessel disposal to pare down debt and more vessels deployed in Malaysia for Petronas)

Thereafter, in 2020, the key catalysts are:

1) OMS utilization improvement from the current 58%. This will be key in 2020 as the key growth driver. This includes the deployment of Armada Constructor and Installer at Caspian Sea Otherwise, all other FPSOs are at full utilization.
2) Disposal of Armada Claire - whatever value they get will be a cashflow gain to offset debt. I have assumed that BA will not win any appeal on Claire and will only get back the RM5m awarded by the Australian court in Sundry claims.
3) Further disposal of idle OMS vessels unlikely to be deployed to reduce maintenance cost and get cash to pare down debt. The goal is to get utilization of OMS closer to 100%.

Lastly, the 9+7 years RM8.8bn ONGC JV contract with Shapoorji Pallonji will kick in later, maybe from 2021 onwards.

There you go, all the key factors and drivers clearly laid out for you to make informed decisions. Whatever analyst reports you read later will more or less say the same thing.

Goodluck all. Your money your call.

mikekim

1,311 posts

Posted by mikekim > 2020-02-25 12:54 | Report Abuse

IK - you checked with Jonathan?

I checked with him last week and he told me it's scheduled to be 27 Feb Thursday but timing unconfirmed.

So now it's 28 Feb?

mikekim

1,311 posts

Posted by mikekim > 2020-02-25 13:12 | Report Abuse

Ya ok holachico don't need to keep repeating your allegations.

Why would you pay commission in the first place?

For insider information - you said.

Paying commission to get insider information and then trade on insider information - that is illegal and you could go to jail for it.

So no need to repeat on this forum and broadcast your illegal action of paying commission to trade on insider information.

Just make a police report and then they will investigate.

Whoever is wrong will go to jail. Period.

mikekim

1,311 posts

Posted by mikekim > 2020-02-25 13:15 | Report Abuse

Can we please use this forum for more useful things like useful analysis, thoughts, data etc relating to Bumi Armada?

And not these:

1) Personal attacks
2) Questions about other people's holding or other people's intention. No one gives a rat's ass
3) Rumour spreading and speculation without substantiation or data

RJ87

5,134 posts

Posted by RJ87 > 2020-02-25 13:45 | Report Abuse

Mana bank account? U dare to put, I will arrange payment accordingly...else, go back where u came from u piece of shit...

InvestorKING

5,931 posts

Posted by InvestorKING > 2020-02-25 13:56 | Report Abuse

Now ah gong interview everyone mp one by one

InvestorKING

5,931 posts

Posted by InvestorKING > 2020-02-25 13:56 | Report Abuse

First time in the historical

InvestorKING

5,931 posts

Posted by InvestorKING > 2020-02-25 13:57 | Report Abuse

Rj, just report to police

bullrun1985

1,271 posts

Posted by bullrun1985 > 2020-02-25 14:00 | Report Abuse

@RJ87, 越描越黑. if you never do this, dont reply. I think there must some true story behind it. because you looks like 心虚

bullrun1985

1,271 posts

Posted by bullrun1985 > 2020-02-25 14:07 | Report Abuse

@holachico, your money your call. shares investment no 100% win lah. go back study and treat it as your past experience

RJ87

5,134 posts

Posted by RJ87 > 2020-02-25 14:12 | Report Abuse

That's incorrect bullrun1985, honest people don't tolerate lies. On the contrary, not denying slanders and lies thrown at him would be admission of guilt/心虚

So, have you click the link of FAKE RJ's account as I have disclosed. Would you atleast agree that somebody impersonate me by creaking fake account?

Here's the evidence.
https://klse.i3investor.com/servlets/cube/post/rj87rj.jsp

So basically, this low life opened a fake account this morning accusing me scamming his money and later create a FAKE RJ to admit the guilt. I have a duty to correct that LIE.

At minimum you would agree there is a FAKE RJ87 here. Else, something is WRONG with you bullrun1985.

mikekim

1,311 posts

Posted by mikekim > 2020-02-25 14:14 | Report Abuse

DJIA futures bounced back more than 200 points.
Oil price also rebounding.
KLCI also rebounding from oversold.

Doesn't anyone realize that the new coronavirus cases in China and number of death, the growth engine of the world has reduced substantially these few days? The media is obviously more focused on reporting on South Korea, Iran and Italy because they generates more views. Stable and improving situation in China = less fear = less viewers.

Also, the political situation in Malaysia affects more domestic demand oriented companies - think fo your telcos, banks, consumers, constructions, alcohol and gaming sectors. These sectors face a lot of uncertainties because they depend a lot of government policies and local consumers.

Sectors like oil and gas, gloves, plantation stocks etc. that either derive revenue from overseas or exports overseas are relatively immune to any domestic political shocks. Especially companies like Armada where all the FPSOs are overseas earning USD. It doesn't matter whether Mahathir or Anwar or Azmin or Hishamuddin or whoever becomes PM. It doesn't matter if oil price is around US$60 or US$50 or US$40 (the breakeven cost for Kraken's production is around US$20+ ,as long as oil price is above this amout, it is economically feasible to continue production, and Armada will continue to earn the fixed charter rate).

Bumi Armada's cashflow will still be strong, recurring and stable.

Amongst the O&G companies, I would say FPSO guys are the best to invest now as a defensive move as their revenue is relatively immune to volatilities. That means companies like Yinson and Armada.

For me, Yinson is currently priced at a premium because they have much better leverage levels than Armada. While Armada is being punished although things have improved so much compared to 2 years ago.

So make your own call on what to do. It's your money.

RJ87

5,134 posts

Posted by RJ87 > 2020-02-25 14:18 | Report Abuse

report police and say what?

There is monkey on the loose in i3? ahahhahahaha =D

That guy is a joke already, what's left is to laugh at him.
I'm not gonna be a joker to do that.

===========================================
InvestorKING Rj, just report to police
25/02/2020 1:57 PM

mikekim

1,311 posts

Posted by mikekim > 2020-02-25 14:20 | Report Abuse

Just ignore gibberish on this forum and stop giving them attention that they crave.
It will eventually stop when they get bored.

bullrun1985

1,271 posts

Posted by bullrun1985 > 2020-02-25 14:23 | Report Abuse

@holachico, please all in armada now and you will get back what you lose for the past week. all dai gors here already sailang before QR out on 27/2/2020

itch

1,178 posts

Posted by itch > 2020-02-25 14:25 | Report Abuse

Most of us know RJ here. hola is just another joker which should be ignored!

bullrun1985

1,271 posts

Posted by bullrun1985 > 2020-02-25 14:25 | Report Abuse

@holachico, just buy and wait. dont look at the paper gain or loss. you must keep armada 5 years here then only can see big gain

i3lurker

14,274 posts

Posted by i3lurker > 2020-02-25 14:26 | Report Abuse

never heard of itch or rj

bullrun1985

1,271 posts

Posted by bullrun1985 > 2020-02-25 14:29 | Report Abuse

@holachico, shares investment is long term, if you wanna short gain, please go casino to bet banker and player

RJ87

5,134 posts

Posted by RJ87 > 2020-02-25 14:31 | Report Abuse

If u guys wanna see scam show, feel free to go over to ARBB. It's not as great as the billion dollar land whale; but it's quite something there..

From a timber/wood manufacturer; suddenly 360 change into IR4.0 company. Issue 1.4bil ICPS at 0.01sen. 20sen to convert into a share. After converting, still get free 5-6sen per share by selling open market. Currently, converted about 200mil shares, got 1.2billion shares yet to be converted. Own subsidiary ARBIOT that report 35mil earnings by increasing trade receivables by 40mil to support 1.2Bil shares diluting EPS. Currently at PE 2, what a way to set value trap. You can read from Q4,18 quarters until last quarter reports. You will agree with me.

When I expose this, what I believe is a scam, the punters there went berserk and followed me here. Sigh. Good & honest people difficult to do sometimes.

RJ87

5,134 posts

Posted by RJ87 > 2020-02-25 14:36 | Report Abuse

If you can't hold a counter for 1yr or 2, don't bother at all.

Wait, is ARBB is gonna go pokai this year? I go ask my friends cut loss first.
Regret promoting ARBB.

RJ87

5,134 posts

Posted by RJ87 > 2020-02-25 14:37 | Report Abuse

i3lurker...where is ur buddy spinninglotus?

Forgot the password for that account?

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