Posted by i3lurker > 2020-02-27 12:58 | Report Abuse

so thieving results are out

and all those thieving thiefs expert analysis do not even bother to apologize for their thieving efforts

reminds me of someone jump over fence to steal something
and says
if you dun tell me I am doing something wrong, how do I know it is wrong?

Posted by MJ Lee > 2020-02-27 12:58 | Report Abuse

lol Armada like fk hahah

Posted by bullrun1985 > 2020-02-27 13:00 | Report Abuse

eps 1 cent, PE 36, so what is the armada actual value now? Mikekim might be an operator, he sold his part and run liao

Posted by AlvinTSK > 2020-02-27 13:01 | Report Abuse

Can park my first batch at .330 ?? then the second on .300?

Posted by bullrun1985 > 2020-02-27 13:01 | Report Abuse

eps 1 cent x 10 = RM 0.10

Posted by nich0las > 2020-02-27 13:07 | Report Abuse

https://i.imgur.com/cG1IGpf.jpg
And the debt is more now. 10bil++
https://i.imgur.com/cG1IGpf.jpg
This time gao lat. Nid cutlose. Charm..

Posted by Leoleo > 2020-02-27 13:08 | Report Abuse

why finance cost amounting to 147 M ?
loss before impairment 83 m, impairment 43m

todal 250 plus M loss

Posted by i3lurker > 2020-02-27 13:08 | Report Abuse

This is a good Gambling Counter

thats about it

Posted by i3lurker > 2020-02-27 13:12 | Report Abuse

there is actually no such thing as "intrinsic value"
if you must use "intrinsic value" then

Armada is worth at most 6 sen at low end

Armada is worth at most 30 sen at high end


=> Gambling Stock

Posted by cinnabeng > 2020-02-27 13:16 | Report Abuse

sell

Posted by greatinvestor > 2020-02-27 13:17 | Report Abuse

Impairement

Posted by eskaylien > 2020-02-27 13:19 | Report Abuse

@nicholas

Don't mislead investors here with your statement that debts has increased further.

In fact, net debt has been REDUCED by almost 800 million from 9.2B as at end-2018 to 8.4B now

Posted by LeslieGoh > 2020-02-27 13:22 | Report Abuse

Will panic selling when opening market?

Posted by i3lurker > 2020-02-27 13:22 |

Post removed.Why?

Posted by GooShem > 2020-02-27 13:24 | Report Abuse

the result actually not bad lol

Posted by Bossku77 > 2020-02-27 13:25 | Report Abuse

@john1102 so? you rather sit there and watch your porfoilo paper lossing go deeper down? if you are a wise man you should make a wise decision now

Posted by DarKLoRD888999 > 2020-02-27 13:26 | Report Abuse

Results boom gao you all XD

Posted by wsy5023 > 2020-02-27 13:26 | Report Abuse

Those that have million of shares...

Posted by xashabob > 2020-02-27 13:26 | Report Abuse

mu own opinion only, i think these post are related, right i3lurker? it reminds me of who you talking to? hmmmm lets make a guess, shall we... no need a wild guess, answer is quite simple.......

i3lurker so thieving results are out

and all those thieving thiefs expert analysis do not even bother to apologize for their thieving efforts

reminds me of someone jump over fence to steal something
and says
if you dun tell me I am doing something wrong, how do I know it is wrong?
27/02/2020 12:58 PM

RJ87 Dieeeee....armada full of surprises...

Sighhhhh....
27/02/2020 12:51 PM

thats why we say there are thieves, gaayboy who loves sugar daddy hairy balls, and on top of that--- scammers!

Posted by i3lurker > 2020-02-27 13:27 | Report Abuse

according to GooShem, will limit later to 60 sen

ha ha ha

GooShem the result actually not bad lol
27/02/2020 1:24 PM
LeslieGoh Will panic selling when opening market?
27/02/2020 1:22 PM

Posted by GooShem > 2020-02-27 13:29 | Report Abuse

the result actually not bad

Posted by xashabob > 2020-02-27 13:34 | Report Abuse

there are someone that are more sinister than nicholas, if nicholas mislead someone, the one who gets mislead will just save their money in the pocket. but for you know who, those bastard lying thieves, aka scammer conman in disguise, if they mislead you, your money will go into the sea, worst come to worst those who blindly follow these so called self proclaim seafood sifart sifu, gives confident to you, when you mortgage your house, pajak gadai your gold bar, sell your bonds,sell your wives jewelries or even use all your children education fees, you yourself also going into the sea!

eskaylien @nicholas

Don't mislead investors here with your statement that debts has increased further.

In fact, net debt has been REDUCED by almost 800 million from 9.2B as at end-2018 to 8.4B now
27/02/2020 1:19 PM

TAKE NOTED, FOR THOSE LOWLIFE SCUMBAG, YOU BETTER COME OUT TO APOLOGISE! RIGHT NOW! DON'T ACT LIKE NOTHING HAPPEN!

AM I RIGHT RJ87?

Posted by Joyvestt > 2020-02-27 13:35 | Report Abuse

Buy before too late haha

Long term

Posted by xashabob > 2020-02-27 13:36 | Report Abuse

eskaylien @nicholas

Don't mislead investors here with your statement that debts has increased further.

In fact, net debt has been REDUCED by almost 800 million from 9.2B as at end-2018 to 8.4B now

BY THE WAY, IF ITS TRUE 8.4BIL,DO YOU THINK IT IS A PROUD THING TO SHOW ,FOR SUCH HIGH DEBTS COMPANY? EVEN WORST A CONMAN COMPANY THAT ALLIES WITH SCAMMERS

Posted by Chokhmah > 2020-02-27 13:39 | Report Abuse

cut

Posted by asd88 > 2020-02-27 13:40 | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3027962

Posted by xashabob > 2020-02-27 13:40 | Report Abuse

IF YOU HAVE SPARE MONEY, YES. IF FOR KAKI GORENG OR MID, SHORT TERM KAKI , A BIG NO!
Joyvestt Buy before too late haha

Long term
27/02/2020 1:35 PM

THERE ARE SO MANY GOOD COUNTERS OUT THERE, WHY WASTE TIME HERE RIGHT RJ87?

Posted by InvestorKING > 2020-02-27 13:43 | Report Abuse

Actually when 0.47, then price already dropped to 0.355 following the woodside court news 28 January 2020, all already factored in in the price now, so now it's actually quite cheap

Posted by itch > 2020-02-27 13:44 | Report Abuse

Total liabilities decreased by 12% compared to previous year

Posted by itch > 2020-02-27 13:44 | Report Abuse

Total liabilities decreased by 12% compared to previous year

Posted by xashabob > 2020-02-27 13:46 | Report Abuse

BUY OR SELL, LET THEM MAKE THEIR OWN DECISION! WIN LOSE ALSO THEIR DECISION!
Bossku77 @john1102 so? you rather sit there and watch your porfoilo paper lossing go deeper down? if you are a wise man you should make a wise decision now
27/02/2020 1:25 PM

WE ARE NOT LIKE THOSE CONMAN SCAMMERS IN ARMADA WHO HAVE SO MUCH CONFIDENT THAT INFLUENCES OTHERS TO MAKE THE WRONG DECISION!

correct me if i am wrong rj87?

Posted by InvestorKING > 2020-02-27 13:46 | Report Abuse

No need to panic sell, as the only important impairment is only 47mil from the OMS only, while that 230m impairment from the loss of the court, is actually can be written back one

Posted by xashabob > 2020-02-27 13:47 | Report Abuse

pandainya ,now became cheap pula

Posted by xashabob > 2020-02-27 13:48 | Report Abuse

if so cheap, go clean it all up! how many shares are there queing for sell? go clean it all up by today! so cheap and pathetic

Posted by john1102 > 2020-02-27 13:48 | Report Abuse

I will stay here, paper loss instead of real money loss. EPF still support Armada

Posted by zennith > 2020-02-27 13:49 | Report Abuse

epf is disposing armada shares

Posted by john1102 > 2020-02-27 13:49 | Report Abuse

still have a lot inside, as 5% of shareholder

Posted by zennith > 2020-02-27 13:50 | Report Abuse

in and out and out and in, epf thinks those saving is their grandfather money! thats why we hate cronies company, at the end of the day, who suffer? 5.45% only? support more la stupid conman company armada, right or not rj87?

Posted by InvestorKING > 2020-02-27 13:50 | Report Abuse

I believe if really dropped to 0.35 and below, all external funds will come in and buy

Posted by zennith > 2020-02-27 13:52 | Report Abuse

good for you, stay here, grab on tight johnny boy. we will just sit here, and grab a popcorn enjoying the show in armada.

Posted by zennith > 2020-02-27 13:53 | Report Abuse

ei rj87, no more superpanda mikekim bull and cock millionaire talk show already ? where are those millionaire, when you need one the most?

Posted by zennith > 2020-02-27 13:54 | Report Abuse

i put you in a henchman rank, try to cover up your arse?if not mistaken, not long before someone said con lan firm earn how much millions and nillions ah?
InvestorKING I believe if really dropped to 0.35 and below, all external funds will come in and buy
27/02/2020 1:50 PM

correct us if we are wrong rj87

Posted by zennith > 2020-02-27 13:57 | Report Abuse

with these statement below, we will be god of traders in armada! rj87, mikekim,superpanda

RJ87 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

con lan firm sure win 100%? now con lan firm bo? or ham lan firm now rj87?

Posted by i3lurker > 2020-02-27 13:58 | Report Abuse

Global funds will not invest in banned products like tobacco

It is just too much risks with Antarctic snow melting 20% in 9 days

the reverse is actually happening.
Global Funds are selling all O&G counters
thats why Armada went limit up.

Posted by InvestorKING > Feb 27, 2020 1:50 PM | Report Abuse
I believe if really dropped to 0.35 and below, all external funds will come in and buy

Posted by bullstudent > 2020-02-27 14:00 | Report Abuse

So much negativity, I think it will fall a bit then come back to this price in a couple of days

Posted by zennith > 2020-02-27 14:02 | Report Abuse

who post these statement below?

RJ87 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
26/02/2020 5:55 PM

RJ87 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....
(this conman arsehole rj87 is trying to cover up his arss, its a conman modus operandi)*

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
26/02/2020 5:58 PM

RJ87 No need to these monkey show by creating new account talking to yourself la...very childish...
26/02/2020 5:59 PM

read all about it, read all about it!

Posted by zennith > 2020-02-27 14:03 | Report Abuse

please read the whole thing,especially where i mark

Posted by zennith > 2020-02-27 14:04 | Report Abuse

i3lurker, your posting are great and informative, but how come everyone bash you?

Posted by zennith > 2020-02-27 14:07 | Report Abuse

RJ87 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....
(this conman arsehole rj87 is trying to cover up his arss, its a conman modus operandi)*

when you see these type of post, just run. mostly learn from their snake head you know who! when you win, you are in luck. but when you lose, read their post because its your money, your call!

Posted by zennith > 2020-02-27 14:09 | Report Abuse

but for me, you cunning sly old fox, if you are not con lan firm! don't post it! only conman do this type of thing, to con people while saving its own arses!