@InvestorKING Actually one very fishy thing is, court case result only on 24 January, but they impaired that into q4 2019?? It should be Q1 2020 right? 28/02/2020 8:14 AM
I will call Jho Low to transfer another RM2 billion to your Ambank account by mistake
no worries 28/02/2020 8:37 AM =============== @i3lurker..jho low tell paktua money on boskur kampung hause.. paper money note japan daun pisang note worth at 2.6 billons
subsequent events always must be adjusted currently, current Quarter thats Accounting Standards
Posted by Mabel > Feb 28, 2020 8:37 AM | Report Abuse @InvestorKING Actually one very fishy thing is, court case result only on 24 January, but they impaired that into q4 2019?? It should be Q1 2020 right? 28/02/2020 8:14 AM
shorties need big fund to short, spinning and i3lucker came here to give advise. you all nvr listen. listen to wrong person who bought 30 mil++ shares here, he may sold off and cabut calculating money at home
Armada is profitable impairment was a bastard mgmt cover up but the ship has floated and case appealed else u can push this impairment later date. COVID AND WAR DECIDES ARMADA
@TAK1 Armada is profitable impairment was a bastard mgmt cover up but the ship has floated and case appealed else u can push this impairment later date. COVID AND WAR DECIDES ARMADA 28/02/2020 11:23 AM
For the full year, Mabel Energy Bumi Armada cumulative FY19 net profit stood at RM58.62 million versus a net loss of RM2.3 billion a year earlier. For me, I have met my target to see another complete turn around stories in my collection. That's has been my motivation and certainly good enough for me for time being. Next is for Management to make an appeal to reverse the impairments.
For those that has not come in, better for you to wait on the lowest possible ranges that was shared by paktua and rr88 since the market is still bearish..
For those that's still holding, it's actually your call...
no counters can escape from massive global retrenchment of funds due to Coronavirus outbreak. there's nothing can be done. even with excellent qr, it will still dive
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....
bullrun1985
1,271 posts
Posted by bullrun1985 > 2020-02-28 08:36 | Report Abuse
Mikekim today may come out say something, he already sold at higher price becoz got the internal news that armada will post loss result soon.