Posted by itch > 2020-02-26 10:26 | Report Abuse

mikekim and panda, why bother about such naysayers and stop doing what we do? That would be exactly what they wanted.

We know why they are here for.

Most are with new ID..

Posted by i3lurker > 2020-02-26 10:27 | Report Abuse

when you beg people to buy
means you are a beggar
begging for money
just buy it yourself if it is so good

Posted by itch > 2020-02-26 10:27 | Report Abuse

As someone said, the more they write the more we should holdd on or buy more!

Posted by i3lurker > 2020-02-26 10:32 | Report Abuse

share price says all

I noticed that just after that desperate round of buy begging
most people cancelled their buy orders for 370

begging people to buy create doubts in people's mind

now 370 may break

Posted by i3lurker > 2020-02-26 10:36 | Report Abuse

buy begging does not work

it just make people believe that the bride is pregnant
after all which girl will beg to get married asap?
must get married before few months time?

Macau scams also work on rush decisions
so that the suiyee no time to think things through

if people rush you to spend money.
its always a Macau Scam.

Posted by i3lurker > 2020-02-26 10:38 | Report Abuse

before Macau Scam buy Begging => 375 looks like breaking

after Macau Scam buy Begging => 370 looks like begging to break

better beggar those buy beggars

Posted by InvestorKING > 2020-02-26 11:45 | Report Abuse

Today very low volume

Posted by TAK1 > 2020-02-26 11:46 | Report Abuse

Let give the original people of the land they call them THE ORANG ASLI. Ini bahasa Asli means Ori let the outsiders act as lobbyist and the Asli will decide the law.

Posted by TAK1 > 2020-02-26 11:50 | Report Abuse

SARAWAK DECIDES ANWAR PM NO 8.

Posted by Mabel > 2020-02-26 12:53 | Report Abuse

Wah...so many new kids in town...

Must be a good QR coming up soon...

There's so much food on this ship, don't be shy, dinner will be served soon

Just come on board ...we need everyone on board

To 60 with Loves..

Meow..

Posted by EngCCCC > 2020-02-26 12:54 | Report Abuse

Just queue to buy.

Posted by EngCCCC > 2020-02-26 13:05 | Report Abuse

@jameswong888

Just want to know you have share in Armada? Or you are shorties?

For your info I all in to buy today.

Posted by Letsfly > 2020-02-26 13:12 | Report Abuse

Can't wait for the qr to be out

Posted by bullstudent > 2020-02-26 14:16 | Report Abuse

Mabel come check out RGTECH.....next revenue in the making

Posted by wsy5023 > 2020-02-26 14:26 | Report Abuse

Bullstudent
Ya, 20+% in two days after the QR out.

Posted by once bitten twice shy twice bitten armada sure go to holland > 2020-02-26 14:37 | Report Abuse

another cheater
LeslieGoh Insider news said extraordinary QR will out tomorrow noon, buy buy buy...
26/02/2020 1:56 PM

Posted by once bitten twice shy twice bitten armada sure go to holland > 2020-02-26 14:39 | Report Abuse

you know what is insider or not conman lesliegoh? insider means something went into your anus, just like armada did with our EPF FUND, in and out , then in and out, use our epf saving use as they grandfather money

Posted by once bitten twice shy twice bitten armada sure go to holland > 2020-02-26 14:43 | Report Abuse

no wonder this year epf drop only 5.45%only? fail investment caused all people suffer with such LOW DIVIDENDS!Got so many good counters out, there why choose to invest into this loser counter?

Posted by RJ87 > 2020-02-26 14:47 | Report Abuse

U buy enough la...Don't ask people to come support the price.

I'm anticipating the price to drop even good quarter...u know? Armada investors are chicken shit investor. Good or bad quarter also dunno how to read.

See hibiscus. Quarter report good. No one push, every one think it's bad. that's how stupid our market is.
=================================
LeslieGoh Insider news said extraordinary QR will out tomorrow noon, buy buy buy...
26/02/2020 1:56 PM

Posted by once bitten twice shy twice bitten armada sure go to holland > 2020-02-26 14:48 | Report Abuse

EPF; high risk high return? epf you are full of bull crap! high risk low dividend now 5.45% only! hello,,,,, previously 6% also consider water near to nose moderate payout! now drop more 0.55% to invest in and out , out and in this con company? last year oct at least 5 times use epf fund to pull in and out from armada! you think we are blind to see con company in the making?

Posted by once bitten twice shy twice bitten armada sure go to holland > 2020-02-26 14:52 | Report Abuse

read read read!!!!

armada

i3lurker before Macau Scam buy Begging => 375 looks like breaking

after Macau Scam buy Begging => 370 looks like begging to break

better beggar those buy beggars
26/02/2020 10:38 AM

Posted by once bitten twice shy twice bitten armada sure go to holland > 2020-02-26 14:52 | Report Abuse

InvestorKING Today very low volume
26/02/2020 11:45 AM

Posted by once bitten twice shy twice bitten armada sure go to holland > 2020-02-26 14:53 | Report Abuse

lots of people know this con company in the making! EPF also dispose armada shares already!

Posted by RJ87 > 2020-02-26 14:55 | Report Abuse

pretty good...quite happy with it's financial statement. Margin not that good only

======================

bullstudent Mabel come check out RGTECH.....next revenue in the making

Posted by once bitten twice shy twice bitten armada sure go to holland die > 2020-02-26 14:55 | Report Abuse

ha ha ha

Posted by once bitten twice shy twice bitten armada sure go to holland die > 2020-02-26 14:56 | Report Abuse

no need to fart so loud , others still can hear clearly

Posted by once bitten twice shy twice bitten armada sure go to holland die > 2020-02-26 14:58 | Report Abuse

from epf fooling around in this con company , now this

Litigation in the Supreme Court of Western Australia between Armada Balnaves Pte Ltd and Woodside Energy Julimar Pty Ltd
BUMI ARMADA BERHAD

Type Announcement
Subject OTHERS
Description Litigation in the Supreme Court of Western Australia between Armada Balnaves Pte Ltd and Woodside Energy Julimar Pty Ltd
The previous announcements made on 4 March 2016, 8 March 2016, 11 March 2016, 14 March 2016, 21 April 2016 and 21 January 2020 respectively by Bumi Armada Berhad (“Bumi Armada”) on the above matter refers.

In the announcement made on 21 January 2020, it was stated that, “Any appeal is to be lodged by 14 February 2020”. Bumi Armada wishes to clarify that any appeal is to be lodged within 21 days after the date of the final orders and not from the date of the judgement issued by the Supreme Court on 24 January 2020. The final orders are expected to be issued by 7 February 2020, however it may take longer if there is dispute between the parties as to the form of the orders.

Bumi Armada is currently reviewing the judgment and considering possible grounds of appeal. Bumi Armada will provide updates from time to time on any further material developments on this matter.



This announcement is dated 31 January 2020.

Posted by once bitten twice shy twice bitten armada sure go to holland die > 2020-02-26 14:59 | Report Abuse

if you did not do anything wrong, why got case? armada still in litigation!

Posted by once bitten twice shy twice bitten armada sure go to holland die > 2020-02-26 15:03 | Report Abuse

RJ87 pretty good...quite happy with it's financial statement. Margin not that good only- hahahahahahahahahahaahahahahahha could not stop laughing

Posted by once bitten twice shy twice bitten armada sure go to holland die > 2020-02-26 15:03 | Report Abuse

pretty good , yes, my arse !

Posted by RJ87 > 2020-02-26 15:06 | Report Abuse

I think this s*hai...who sue who also dunno....hahahhaa

Posted by RJ87 > 2020-02-26 15:07 | Report Abuse

tell me s*hai, who is suing who? Lai, show ppl how stupid u ar.

=D

Posted by RJ87 > 2020-02-26 15:09 | Report Abuse

How good or bad is Armada is already clear and obvious...

better focus on how bad is ARBB. By the time I dig everything there out, the development project also can cancel already. =D

Posted by RJ87 > 2020-02-26 15:27 | Report Abuse

RGTech has positive operating cash of 7mil up from 3.5mil. ARBB negetive operating cash straight 4 quarters.

Arbb collect payment, SLOW SLOW. ARBB make payment with investors money, FAST FAST.

If i'm ARBB investor, con lan firm dulan la...why so stupid?
========================================================
once bitten twice shy twice bitten armada sure go to holland die pretty good , yes, my arse !

Posted by mf > 2020-02-26 17:06 | Report Abuse

Sell

Posted by RJ87 > 2020-02-26 17:35 | Report Abuse

Both account created today to talk to himself...this is called the legendary...

kaki kong...kaki song....

Jameswong66
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Posted by Kim0914 > 2020-02-26 17:39 | Report Abuse

hahahaha

Posted by vespa > 2020-02-26 17:40 | Report Abuse

RJ87 you done us a service in cornering these rogues

Posted by RJ87 > 2020-02-26 17:55 | Report Abuse

Incorrect...Armada's Gross Profit will continue to flow in generating almost RM1Bil in cash from operation before changes in working capital and RM500mil net cash (Not trade receivables like ARBB with negative net cash of 40mil with 35mil "profit"). That's not gonna change if RJ sold or Jameswong66 bought.

But if cash generation continue to strengthen; RJ would be an idiot to have sold at 70-80sen to Jameswong66 if performance continue to improve. The right strategy to exit is when market over values Armada's future earnings. E.g Yinson's PE at 30. Armada PE30 at EPS 6sen per annum; that's RM1.80. I will a hypocrite to not call Armada overpriced if it's RM1.80 if EPS doesn't grow to 8sen or 12 sen.

Get educated on difference between orderbook and MOU. MOU song song can mutually terminate (just like ARBB - last quarter song song terminate USD220mil worth of MoU). Armada's SA and Orderbook? You get sued if u conveniently terminate. That's the USD275mil Armada suing Woodside.

FPO/OMS is better investment bcos 1) The customers are international. 2) Clear revenue visibility from orderbook. 3) Charter rate does not directly affected by oil price.

Remember...get yourself educated. Know what and why you buy!
Don't buy rubbish like ARBB even if it's PE0.1. No PROFIT in cash is as good no profit.
A company with market cap RM80mil to deliver RM1Bil worth of MoU. You try to cheat who?

Here's the comparison between Armada and Yinson.

Orderbook: Armada(20.5+10Bil), Yinson (est RM40bil)
Price to book value : Armada (0.4/0.59 = 0.68X), Yinson (7.11/1.58=4.5X)
PE : Armada(0.4/0.06 = 6.67X), Yinson (7.11/0.2216 = 32X)
Current Ratio: Armada (2.24/3.47 = 0.65X, Yinson (2.27/1.25 = 1.86X)
Total Ratio: Armada(15.76/11.5 = 1.37X), Yinson (9.5/5.58 = 1.7X)

OMS
2017, Annual Revenue RM969mil, Annual Gross Profit RM403mil (Gross Margin 40%).
2018, Annual Revenue RM724mil, Annual Gross Profit RM197mil (Gross Margin 27%).
Q3,19, Annual Revenue RM232mil, Annual Gross Profit RM72mil (Gross Margin 31%) after selling few OSV fleet.

FPO
2017, Annual Revenue RM1.43Bil, Annual Gross Profit RM748mil (Gross Margin 52%)
2018, Annual Revenue RM1.7Bil, Annual Gross Profit RM810mil (Gross Margin 47%).
Q3,2019, Annual Revenue RM 1.33Bil, Annual Gross Profit RM758mil (Gross Margin 57%).

After Short Term Debt conversion to Long Term Debts
Orderbook: Armada(20.5+10Bil), Yinson (est RM40bil)
PE : Armada(0.4/0.06 = 6.67X), Yinson (7.11/0.2216 = 32X)
Price to book value : Armada (0.4/0.59 = 0.68X), Yinson (7.11/1.58=4.5X)
Current Ratio: Armada (2.24/2 = 1.12X, Yinson (2.27/1.25 = 1.86X)
Total Ratio: Armada(17.76/11.5 = 1.56X), Yinson (9.5/5.58 = 1.7X)

=================================================================
hsltee they 0.375 numbers are just all numbers, mostly you know who play with this numbers, once they earn from these numbers, sell off. shares price will drop
26/02/2020 5:24 PM

Posted by RJ87 > 2020-02-26 17:58 | Report Abuse

I hope result out tmr as scheduled...

Then, we all know what to do...There is always risk of funny things appearing. So far, has been pretty predictable and consistent with this new CEO and CFO....

But if really report a negative quarters. Clown from ARBB will literally jump off the chairs.
Anyway, it doesn't change the fact, profit in trade receivables are as good as no profit. =P

Posted by RJ87 > 2020-02-26 17:59 | Report Abuse

No need to these monkey show by creating new account talking to yourself la...very childish...

Posted by RJ87 > 2020-02-26 18:02 | Report Abuse

No choice. I stepped on shit from ARBB.
These monkey followed me over.

===========================
vespa RJ87 you done us a service in cornering these rogues

Posted by RJ87 > 2020-02-26 18:03 | Report Abuse

The same guy kaki kong...kaki song....Don't take their words anymore than a pinch of salt

Jameswong66
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Posted by RJ87 > 2020-02-26 18:05 | Report Abuse

Monkey doing their clown shows are always funny...

===============
Kim0914 hahahaha
26/02/2020 5:39 PM

Posted by RJ87 > 2020-02-26 18:06 | Report Abuse

hsltee, you know how to read IF or not?

Tell me what's the meaning of this word IF first...then I tell u confirm or not. =P

Posted by RJ87 > 2020-02-26 18:09 | Report Abuse

hsltee, Yinson is RM7 right?

Don't u think if Armada price 25% of that price also sibeh hoseh?

Posted by RJ87 > 2020-02-26 18:10 | Report Abuse

25% of Yinson. at RM1.75. Hoseh or not?

maybe not 10% of Yinson la. 10% of RM7 at RM0.7. Hoseh or not?

Posted by RJ87 > 2020-02-26 18:11 | Report Abuse

maybe not 25% of Yinson la. 10% of RM7 at RM0.7. Hoseh or not?

Posted by RJ87 > 2020-02-26 18:13 | Report Abuse

You confirm I wrote that answer that? If you not confirm, why you said I wrote that answer in the first place?

ahahahhahaha

mike and panda. No fact talks here. Can join for clown talk also good.

Posted by MJ Lee > 2020-02-26 18:22 | Report Abuse

velesto, hibi, sap, all bad qr. not sure if Armada can perform