Posted by bullrun1985 > 2020-02-28 12:13 | Report Abuse

wait for our PM announce the FA, RJ87

Posted by i3lurker > 2020-02-28 12:18 | Report Abuse

price managed to survive the Forced Selling for today just completed

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

chill all, not only armada sinking, those profit performance counter and whole world also sinks, thats means a loss here is fine

its not fine if only here loss, rest are not

moving fwd are good opportunity to those with big cash to buy good quality stock at cheap price

lets do the shopping !

Posted by SuperPanda > 2020-02-28 12:30 | Report Abuse

btw, congrats to those whom made right prediction here, my ave was .39 and loss almost 15K but still not exceed my prev profit, so im still fine

what to do, this is normal when trade, market has react and we have to move on

Posted by acinanatucer > 2020-02-28 12:31 | Report Abuse

Malaysia’s heaviest ICPP - check this out!!

https://klse.i3investor.com/blogs/ongmy/2020-02-28-story-h1484001984-Sapura_achieved_a_major_milestone_at_Lumut_yard.jsp

Posted by coolio > 2020-02-28 12:58 | Report Abuse

Good time to accumulate again after 2 days big drop...looks yummy

Posted by kimakrj87 > 2020-02-28 13:32 | Report Abuse

pandainya to cover up its arse!

Posted by kimakrj87 > 2020-02-28 13:35 | Report Abuse

hoseh liao,

RJ87 @ asswipe,

"For the first nine months ended Sept 30, Bumi Armada staged a turnaround with a net profit of RM293.79mil compared to a net loss of RM1.04bil in the previous corresponding period."

another 100mil in Q4. total 393mil for 2019. Hoseh liao.
26/02/2020 9:35 AM

RJ87 When in doubt, give this a read again....

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%).
2019, Annual Revenue RM 1.33Bil, Annual Gross Profit RM758mil (Gross Margin 57%).

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)

These are no scam. Go read the blardy Quarter Report.
26/02/2020 10:06 AM

to all investor in armada, please follow these conman more! follow till the end , holland is coming!

Posted by kimakrj87 > 2020-02-28 13:36 | Report Abuse

hello friend go buy more now
itch 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..
26/02/2020 10:26 AM

i3lurker when you beg people to buy
means you are a beggar
begging for money
just buy it yourself if it is so good
26/02/2020 10:27 AM

itch As someone said, the more they write the more we should holdd on or buy more!
26/02/2020 10:27 AM

Posted by kimakrj87 > 2020-02-28 13:37 | Report Abuse

you just know what happen right, heavily promoting this counter non stop till many people got trap in this counter!

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

Posted by kimakrj87 > 2020-02-28 13:37 | Report Abuse

itch As someone said, the more they write the more we should holdd on or buy more!
26/02/2020 10:27 AM

go ahead why not?

Posted by freddiehero > 2020-02-28 13:43 | Report Abuse

wah.. who rush buyin.. oh my..

Posted by kimakrj87 > 2020-02-28 13:44 | Report Abuse

spinninglotus Ratchaibatcai

I already told you so
You refused to accept my revelation that Armada Claire will be impaired on Bumi Armada financial statement after losing the lawsuit to Woodside

And I clearly said that by law Bumi Armada cannot appeal to the lawsuit because Bumi Armada cannot appeal against Woodside as Bumi Armada itself has repudiated the contract in the first place

The person who repundiated the contract cannot appeal against others for repudiation of contracts

Straightforward losing case

There are still RM700million on Armada Claire going to be impaired from now onwards

Don't buy now
Use any rebound to sell

Sure will crash towards 25 cents very soon

Fongsiling has already left the boat
27/02/2020 2:45 PM

Posted by kimakrj87 > 2020-02-28 13:46 | Report Abuse

these goons beh tahan when we put a smile on your face, and play you like a joker! ;p

Posted by mf > 2020-02-28 14:33 |

Post removed.Why?

Posted by bullrun1985 > 2020-02-28 14:50 | Report Abuse

all dai gors selling now

Posted by SuperPanda > 2020-02-28 14:52 | Report Abuse

when reach limit must cut loss and move on, if market continue bad, price will drop lower

Posted by bullrun1985 > 2020-02-28 14:54 | Report Abuse

@panda, you only have 300k shares, imagine these dai gors had 30++ mil shares, how to cut? long term investment

Posted by SuperPanda > 2020-02-28 14:55 | Report Abuse

when virus peak at china, dow still hold so i stay, but now dow already break support, will give more pressure to whole market

Posted by bullrun1985 > 2020-02-28 14:59 | Report Abuse

tonite rebound

Posted by i3lurker > 2020-02-28 15:25 | Report Abuse

who bot

who bot?

shot up to 310 !!!

Posted by freddiehero > 2020-02-28 15:34 | Report Abuse

got salah tekan ka? huhu..

Posted by RJ87 > 2020-02-28 15:59 | Report Abuse

These bunch of IB liars still can't beat RJ87...RJ87's TP 72sen intact. =P

Bumi Armada - Sailing Off FY19 a Knot Higher
Source : HLG, Price Call : BUY, Price Target : 0.60
Last Price : 0.305, Upside/Downside : +0.295(96.72%)

Bumi Armada Berhad - Earnings Supported by Armada Kraken
Source : MIDF, Price Call : BUY, Price Target : 0.56
Last Price : 0.305, Upside/Downside : +0.255(83.61%)

Bumi Armada Berhad - Impairment on Woodside Claims
Source : PUBLIC BANK, Price Call : TRADING BUY, Price Target : 0.53
Last Price : 0.305, Upside/Downside : +0.225(73.77%)

Bumi Armada - Supported by Improved Kraken Operations
Source : AmInvest, Price Call : BUY, Price Target : 0.54
Last Price : 0.305, Upside/Downside : +0.235(77.05%)

Bumi Armada Bhd - Steady Kraken’s Uptime to Drive Profits
Source : KENANGA, Price Call : BUY, Price Target : 0.42
Last Price : 0.305, Upside/Downside : +0.115(37.70%)

Afteralll, these clowns is just gonna go on and on that i'm a conmen. Might as well, join the IB's and be the bigger conmen.

Here's my take...

Armada Kraken coupled with interest cost savings of c.RM20m/quarter arising from the disposal of Armada Perdana~ Public Bank. (I didn't see that reduced in finance cost. ~Public Bank is a liar)

Armada registered 4Q19 core earnings of RM52.7m (-42% QoQ, +7.3% YoY), lifting FY19 net profit to RM281.2m (+23.3% YoY). This came within expectations due to improved contributions from its FPO segment offset by weaker OMS and JV contributions, making up 102%/100% of ours/consensus full-year forecasts. We keep our earnings estimates as the results were largely inline. Maintain BUY and SOP-driven TP of RM0.60/share. ~ Hong Leong. (Know how to count or not Hong Leong!!! It's 45.2mil only. Don't try to deceive the public.)

BAB’s 4QFY19 normalised earnings grew +23.8%yoy to RM42.5m. Bumi Armada Berhad’s (BAB) 4QFY19 reported earnings came in at -RM235.2m. However, its normalized earnings (excluding one-off impairment on its OMS vessels of RM43.7m and impairment loss arising from legal actions against Woodside Energy of RM234.0m) came in at RM42.5m. This brought its FY19 cumulative earnings to RM254.5m which was within our but below consensus’ full-year earnings estimates at 93.6% and 90.2% respectively. Comparing against 4QFY18, revenue was lower by -10.5%yoy whilst earnings grew by +23.8%yoy respectively. Meanwhile on a quarterly sequential basis, revenue declined marginally by -2.3%qoq whilst earnings dipped by -40.6%qoq respectively. This was primarily attributable to: (i) adjustment made on charter hire revenue of Armada Kraken FPSO; (ii) lower vessel utilization rates at 54% in 4QFY19 vs 58% in 3QFY19 as well as; (iii) lower share of results from joint ventures. ~MIDF (Dunno how to count ar? 150mil to -250mil, what reduced 40% qoq? it's 266% drop. Don't try to con the public)

Here's my take. TP72sen. I try to con u to buy at 30sen so that I can sell at 30sen. my average price 28sen, can make 2 also good. U monkey are very clever. =D

Real con men are those sold at 55sen and keep telling to u sell (from different account). And still asking u to sell at 30sen. Sell to who? Who was the one fight with me? I try to sapu 31sen, 27sen, and 24sen. U guys should let it slide all the way down to 20sen. U bought 40sen, u sell 20sen to realize 50% loss, u stupid or what? Who so stupid go queue 30sen-34sen yesterday if u know it's gonna slide until 20sen? I'm gonna keep punting 20sen.

after all, I learned my lesson. Even if I say why this is a rare opportunity also none of u will believe. Might as well say it's worth 20sen and hope it does drop to collect myself. I regret didn't buy more below 30sen the last round. I'm not gonna miss this round. Oh, i'm lying too..i'm trying to sell. Monkeys! i'm a BIG CON MAN. Don't bother to reply k.

Posted by mf > 2020-02-28 16:01 | Report Abuse

Dow set to drop 400 points after Thursday's massive tumble amid coronavirus fears

Posted by bullrun1985 > 2020-02-28 16:06 | Report Abuse

RJ87, are you buying more today?

Posted by RJ87 > 2020-02-28 16:08 | Report Abuse

I'M TRYING TO CON mabel, panda, mikekim, itch, MM78 ONLY. The rest please avoid this CON MESSAGE like you see NCovid. RUN FARRRR FARRRRRR AWAY. Later u get infected by RJ's con.

Although, I did say it's very unlikely the CFO to report impairment on Claire loss as it would spoil the full 2019 earnings. I think it's not a bad move considering the oil price is set to plunge. U see hibiscus, wahseong, and few OnG with good QR. Good quarters also drop because very bad market outlook. And if Claires impairment has to be reported, might as well report it together in quarters with bad market outlook. It wouldn't be wise if things changed for the better at the end of 2020, oil price recovered just to impair the 233mil in Q4,2020 next year if market is bullish.

THIS MESSAGE IS INTENDED TO CHEAT YOUR MONEY.

Posted by RJ87 > 2020-02-28 16:14 | Report Abuse

RJ punt 20sen to sell 30sen.

Better join paktua, jadi orang banggang...
in the end of the day, this whole place is full of clowns. Can't change them. Join them
Jadi banggang...

tut tut...=D

Posted by RJ87 > 2020-02-28 16:17 | Report Abuse

Next week should hv margin call and contra force selling...Can get cheaper for those interested to BE CONNED...

if the drop didn't happen, blokes that fought to buy with me really have deep pockets.

Posted by RJ87 > 2020-02-28 16:20 | Report Abuse

I do owe spinninglotus an apology on Claire's impairment. U are right.

Facts are facts. U r right and I was wrong.

Congrats those IDSS yesterday. Those short in the morning is very happy. Those short afternoon, I don't know.

Posted by RJ87 > 2020-02-28 16:28 | Report Abuse

bullrun1985 RJ87, are you buying more today?

If I tell u upon announcement, would you believe that I immediately set 400K shares sell queue at 34sen and buy 400K shares at 31sen, 28.5sen, 26sen. Would u believe that I averaged down by 3sen without additional cost? I was contemplating if I should do this with 50% of my shares or 25%. Regret didn't do with 50% of my holdings with 800K shares.

One of the few techniques to average down is sell on the down trend and buy more later. Price in a bad market can't be supported. Look around you, whole market is bloodied. I didn't run all over the place to call people conmen.

Posted by RJ87 > 2020-02-28 16:31 | Report Abuse

i AM Banggang...

tut tut...

Posted by bullrun1985 > 2020-02-28 16:32 | Report Abuse

RJ87, I don't believe you short at 0.34 and buy back at 0.315. shorties need big fund to short

Posted by bullrun1985 > 2020-02-28 16:33 | Report Abuse

short half cent or 1 cent possible for small fund like you

Posted by bullrun1985 > 2020-02-28 16:36 | Report Abuse

I bet you not dare to short today

Posted by paktua73 > 2020-02-28 16:40 | Report Abuse

paktua support rj87..
hehehehe

only bangang here is paktua
don't put that tittle on other aaa..
ONLY PAKTUA bangang here ok?
hehehe

tut tut
sebab dah bangang so paktua buat bangang jer for now..dah cecah 0.26 baru paktua buat cerdik and buy more..
hehehehe

Posted by RJ87 > 2020-02-28 16:42 | Report Abuse

Nope, I sold my holdings at 34sen and buy back 31sen.

Short seller don't make much money. It's better to actually own the shares.

I tot u keep track of how much money I lost? suddenly forget ar?

If u guys wondering who was buying? I'm not the only one trying to average down this way. That I guarantee u. Trading, pattern exactly the same. Timing for the queue, almost the same. I none stop calling him pubokia, i bet he calling me pubokia non stop also, bcos we have to keep changing our queues. In the end, price supported by all these pubokia. hhahahahhaha

Posted by RJ87 > 2020-02-28 16:44 | Report Abuse

nope, I don't short. I average down. See next week how, might buy more if see price bottoms out.

Posted by RJ87 > 2020-02-28 16:47 | Report Abuse

I can't dethrone u la pak tua...

U king of banggang....memang banggang...
Can I be ur anak buah....

talk 3 talk 4 also no use...people only wanna listen cock. Better talk cock....

i'm anak buah si banggang selepas Raja Banggang...

tut tut...
I kurang banggang ckit, queue at 26 sen.

Posted by bullrun1985 > 2020-02-28 16:48 | Report Abuse

Paktua, please order Tun M to pump more money into Armada

Posted by paktua73 > 2020-02-28 16:50 | Report Abuse

hehehe..ok2 kalo amik pangkat anak bangang ok..majlis kebangangan utama..
memperkenankan..
hehehehe


tut tut
biar buat bangang dari buat cerdik walhal bangang..
hehehehe

Posted by RJ87 > 2020-02-28 16:51 | Report Abuse

Tun M is the biggest con men. He resign, but every body lost their post.

Tun M resign; he wiped 50bil off the market in single day. Worse than Wuhan outbreak.

If u insist RJ the banggang. Then so be it. Memang RJ banggang...

Tut tut.

Posted by bullrun1985 > 2020-02-28 16:53 | Report Abuse

Mikekim should be the real conman, 40 cent go in, now playing seek and hide

Posted by bullrun1985 > 2020-02-28 16:54 | Report Abuse

buy on dip buy on dip, buy at 50++, 40++, 30++ cent. 30++ mil shares of armada

Posted by bullrun1985 > 2020-02-28 16:54 | Report Abuse

Joker of the year

Posted by RJ87 > 2020-02-28 16:55 | Report Abuse

majlis kebangangan utama..memperkenankan..

hahhahaa

tut tut
Yg cerdik tu Tun M. Yg dibanggangkan tu khalayak ramai. Dah dibanggangkan, apa nak buat. Jadi banggang je la.
hehehehe

Posted by paktua73 > 2020-02-28 16:57 | Report Abuse

hahahahah


tut tut
anak T.M

Posted by RJ87 > 2020-02-28 16:58 | Report Abuse

bullrun1985 buy on dip buy on dip, buy at 50++, 40++, 30++ cent. 30++ mil shares of armada

if u r fighting to be anak banggang, u only get darjat kedua ok?

I'm anak banggang pertama. Banggang betul ini bullrun1985. What's the point of talking cock here.
Who gives a shit who makes money or who lose money. If he makes money, u get anything? if he lose money, u get anything? If u wanna jadi banggang, u get darjat kedua only k?

tut tut.
And of cos, kalau Raja Banggang perkenankan. Klu tak, tak layak jadi banggang. kikikiki

Posted by Mabel > 2020-02-28 17:27 | Report Abuse

@RJ87 I'M TRYING TO CON mabel, panda, mikekim, itch, MM78 ONLY. The rest please avoid this CON MESSAGE like you see NCovid. RUN FARRRR FARRRRRR AWAY. Later u get infected by RJ's con.

Although, I did say it's very unlikely the CFO to report impairment on Claire loss as it would spoil the full 2019 earnings. I think it's not a bad move considering the oil price is set to plunge. U see hibiscus, wahseong, and few OnG with good QR. Good quarters also drop because very bad market outlook. And if Claires impairment has to be reported, might as well report it together in quarters with bad market outlook. It wouldn't be wise if things changed for the better at the end of 2020, oil price recovered just to impair the 233mil in Q4,2020 next year if market is bullish.

28/02/2020 4:08 PM

Coming to think about it RJ87, I'm beginning to see the wisdom behind this move. It's a small temporary setback. I'm counting the Management to continue fighting to get the impairments reverse in the next coming quarters.

Fortunately, yesterday's thunderstorm has cause a small dent on my Armada Black Pearl. 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. It has achieved my target for another complete turn around stories joining her other Sisters Battleships like Flying Dutchman, Royal Fortune ICON, Jolly Roger TH Heavy, Empress Velesto and Fancy Alam. What more can I ask?

Currently, my Black Pearl is sitting comfortably on P2 in my Armada Fleets of Battleships..

Gentlemen,

Hoist the Colors...

https://www.youtube.com/watch?v=bzdldFOUnP0&feature=youtu.be

Meow...

Captain Mabel Sparrow

Posted by freddiehero > 2020-02-28 17:34 | Report Abuse

lol too rush collect..

Posted by freddiehero > 2020-02-28 17:35 | Report Abuse

already said will break down 0.25