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.

72,265 comment(s). Last comment by nikicheong 9 hours ago

RJ87

5,134 posts

Posted by RJ87 > 2020-03-03 14:43 | Report Abuse

Read for urself how a low IQ low life writes. Yes, I did analysis on few other counters too...Head over to ARBB for details.

https://klse.i3investor.com/servlets/stk/7181.jsp
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死鸡撑饭盖 conman rj87

sure i can tell you when you see a conman, you who is it! gayboy conman is here! runnnnnnnnnnnnnnnnn selllllllllllllllllllllllllllllllllllllllllllll fastttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttt

RJ87

5,134 posts

Posted by RJ87 > 2020-03-03 14:46 | Report Abuse

These clowns are Elaine Tan, kennychua and THEREALDEAL from ARBB...

U know, people are quite angry at me here and call me con man when QR came out with impairment and suffered about 35% loses. Look at ARBB, also lost about 35% too with good QR...

So u 3 clowns should admit you are con men too.

bullrun1985

1,271 posts

Posted by bullrun1985 > 2020-03-03 14:47 | Report Abuse

Si Banggang RJ87, today buy or sell?

bullrun1985

1,271 posts

Posted by bullrun1985 > 2020-03-03 14:47 | Report Abuse

armada trade at 0.305 now

TAK1

1,458 posts

Posted by TAK1 > 2020-03-03 14:49 | Report Abuse

Come sell at 25 i.m waiting

bullrun1985

1,271 posts

Posted by bullrun1985 > 2020-03-03 14:49 | Report Abuse

Many Dai Gors here including Mikekim going to cut loss. believe me, when the price below 0.30, then the Mikekim will come out tell the whole world he already sold at 30++ cent, because of bla bla bla

bullrun1985

1,271 posts

Posted by bullrun1985 > 2020-03-03 14:52 | Report Abuse

RJ87, becoz of your banggang mulut made alot of enemy here and there

RJ87

5,134 posts

Posted by RJ87 > 2020-03-03 15:12 | Report Abuse

only one or two nia...most generally with brain won't end up so childish...

RJ87

5,134 posts

Posted by RJ87 > 2020-03-03 15:19 | Report Abuse

U ask stupid stupid question, get banggang answer...then beh song me also no point what...

it's better stop asking stupid question. Then u won't get banggang answer... =D

Warriors88

886 posts

Posted by Warriors88 > 2020-03-03 15:22 | Report Abuse

Bumi Armada rises on fresh refinancing facility
Adam Aziz
/
theedgemarkets.com

March 03, 2020 12:44 pm +08


-A+A
KUALA LUMPUR (March 3): Shares of Bumi Armada Bhd are on course to snap their three-day losing streak, following news that the company has secured a loan refinancing facility of US$64.3 million (RM270.06 million).

The counter opened at its intra-day high of 32.5 sen, up 1.5 sen from the previous close, before paring its gains to trade unchanged at 31 sen at press time for a market capitalisation of RM1.82 billion.

It was the fourth most active counter on Bursa Malaysia with 4.3 million shares traded as at 11.49am.

The RM270 million loan was secured from Singapore’s ING Bank NV by Bumi Armada’s wholly-owned unit Armada TGT Ltd, the company said yesterday.

The new loan comes as good news for the company, which is working hard to pare down its debt, especially its short-term liabilities, and clean up its balance sheet.

On Feb 27, Bumi Armada said its lenders for Armada Kraken Pte Ltd has agreed to remove the risk of having to pre-pay its long-term loan of RM1.33 billion, previously classified as short-term liability due to non-compliances related with the Armada Kraken floating production storage offloading vessel project.

Shares of Bumi Armada have retreated from their December 2019 peak of 54 sen apiece, following weaker oil prices amid concerns of global demand due to the Covid-19 outbreak, and further dragged by weaker-than-expected latest quarterly results announced on Feb 27.

InvestorKING

5,931 posts

Posted by InvestorKING > 2020-03-03 15:48 | Report Abuse

Never ending selling pressures

Letsfly

336 posts

Posted by Letsfly > 2020-03-03 16:01 | Report Abuse

everyday diarrhea

TAK1

1,458 posts

Posted by TAK1 > 2020-03-03 16:08 | Report Abuse

Congrat kl sentral covid alrert work feom hime

itch

1,178 posts

Posted by itch > 2020-03-03 16:12 | Report Abuse

Stay calm, outlook still fundamentally positive

itch

1,178 posts

Posted by itch > 2020-03-03 16:15 | Report Abuse

We are really fortunate in this forum to have so many nice n caring people spending so much time here advising us to sell, when they have no stakes here. Such kind hearted people

InvestorKING

5,931 posts

Posted by InvestorKING > 2020-03-03 16:21 | Report Abuse

Yes true itch, they are really too kind hearted, but why they so kind hearted when the price was 0.50+, then not advised us to sell that time?? Anyway god is watching

RJ87

5,134 posts

Posted by RJ87 > 2020-03-03 16:35 | Report Abuse

not advised us to sell that time?? U mean those clowns from ARBB?

I can answer that. That's because I haven't expose their scam at ARBB.

Now, they try to bully me into shutting up. I'm not a person easily bullied.

I can go on and on...U guys know I can.

mf

29,033 posts

Posted by mf > 2020-03-03 16:41 | Report Abuse

Advisor to Iran’s supreme leader dies after contracting coronavirus

Posted by armadatuah2017 > 2020-03-03 16:59 | Report Abuse

dont worry, be patient. it's in accumulation phase.. dont look at it too often. your heart couldnt take it

SuperPanda

11,431 posts

Posted by SuperPanda > 2020-03-03 17:09 | Report Abuse

waiting .28 and below

SuperPanda

11,431 posts

Posted by SuperPanda > 2020-03-03 17:10 | Report Abuse

can get if oil can break 50 support

itch

1,178 posts

Posted by itch > 2020-03-03 17:11 | Report Abuse

yes we all know why they are here, IK.

So far, no forseable reason for us to abandon ship. In fact i will be buying more at this levels.

itch

1,178 posts

Posted by itch > 2020-03-03 17:19 | Report Abuse

Just that not sure why mikekim was slighted by these people.

Surely he should not be bothered by people of that level of...

Warriors88

886 posts

Posted by Warriors88 > 2020-03-03 17:50 | Report Abuse

首相指示政府机关 速执行财案振兴配套
Nanyang Tue, Mar 03, 2020 05:20pm - 29 minutes ago



慕尤丁
(布城3日讯)首相丹斯里慕尤丁今日指示政府机关,认真重视实施和加速执行2020年财政预算案及经济振兴配套。

他也指示财政部必须确保经济振兴配套内的所有倡议能顺利和迅速执行,以及监督此配套的整体效益和表现。



“政府开支必须更加谨慎,减少疏漏,确保国家财务保持稳健。同时在政府债务和负债管理方面,每一项发展计划都必须精打细算,以便不加重政府的财政承担和国债。”

慕尤丁在首相办公室今日发出的文告中,如是指出。

“2020年年度预算案的拨款,应该对经济增长带来高回报,提高人民和国家收入,因此,必须提高政府计划和项目的有效性,从而确保所开销的每一笔公款对国家和人民的福祉带来充分的利益。

InvestorKING

5,931 posts

Posted by InvestorKING > 2020-03-03 18:38 | Report Abuse

Armadatuah, as usual, Armada might take weeks to collect cheap cheap now, that's why no rebound at all

InvestorKING

5,931 posts

Posted by InvestorKING > 2020-03-03 18:40 | Report Abuse

And yesterday positive announcement seems like not reflecting to Armada shares price yet, that's showing Armada operator in collection mode now

Posted by low life scumbag gayboy conman rj87 > 2020-03-03 18:45 | Report Abuse

InvestorKING And yesterday positive announcement seems like not reflecting to Armada shares price yet, that's showing Armada operator in collection mode now
03/03/2020 6:40 PM
yeah go cheat your own mother better

Posted by low life scumbag gayboy conman rj87 > 2020-03-03 18:46 | Report Abuse

hahaha
InvestorKING Never ending selling pressures
03/03/2020 3:48 PM

Posted by low life scumbag gayboy conman rj87 > 2020-03-03 18:46 | Report Abuse

talk east talk west talk 3 talk 4

Posted by low life scumbag gayboy conman rj87 > 2020-03-03 18:47 | Report Abuse

RJ87 Orderbook: Armada(17.5+10Bil), Yinson (est RM40bil)
Core Profit - 53mil - RM90.9mil (Can check the IB Report)
PE : Armada(0.31/0.04 = 7.75X), Yinson (7/0.2216 = 31.5X)
Price to book value : Armada (0.3/0.55 = 0.55X), Yinson (7/1.58=4.43X)
Current Ratio: Armada (2.24/2 = 1.49X, Yinson (2.27/1.25 = 1.86X)
Total Ratio: Armada(14Bil/9.5 = 1.47X), Yinson (9.5/5.58 = 1.7X)

This 2 company quite similar. If u don't like the debts, u discount 50% from Market Cap. Armada at least worth RM4bil at 60sen. If you don't want discount from market cap. Discount from 70% from earnings, at PE 12 is 48sen. Yinson can go buy premium. Come to Armada, discount this discount that.

Facts, from balance sheet. If this Gary can focus on FPSO and sell the stupid OMS, Armada wouldn't be in this mess. As long as Gary pursuing in that direction, I will still recommend buy calls like the 5 BANKs(ARBB got ZERO bank support). Wait everything settle...should be okay...U got con from 48sen drop to 31 sen from bad quarters (35% losses). Well, bad quarters fault.

ARBB, got conned from 35sen to 23sen(35% loss) with a good quarter. That's a bigger con.

Still want to play huh? U can create 1000 accounts also no use. I'm not intimidated by bullying tactic.
03/03/2020 2:36 PM

hahahahaha bullying? hahahahahaha

Posted by low life scumbag gayboy conman rj87 > 2020-03-03 18:48 | Report Abuse

RJ87 Orderbook: Armada(17.5+10Bil), Yinson (est RM40bil)
Core Profit - 53mil - RM90.9mil (Can check the IB Report)
PE : Armada(0.31/0.04 = 7.75X), Yinson (7/0.2216 = 31.5X)
Price to book value : Armada (0.3/0.55 = 0.55X), Yinson (7/1.58=4.43X)
Current Ratio: Armada (2.24/2 = 1.49X, Yinson (2.27/1.25 = 1.86X)
Total Ratio: Armada(14Bil/9.5 = 1.47X), Yinson (9.5/5.58 = 1.7X)

This 2 company quite similar. If u don't like the debts, u discount 50% from Market Cap. Armada at least worth RM4bil at 60sen. If you don't want discount from market cap. Discount from 70% from earnings, at PE 12 is 48sen. Yinson can go buy premium. Come to Armada, discount this discount that.

sure win ? 100%sure win! beware guys, conman in the making!

Posted by low life scumbag gayboy conman rj87 > 2020-03-03 18:50 | Report Abuse

hahahahahahaha
Warriors88 Bumi Armada rises on fresh refinancing facility
Adam Aziz
/
theedgemarkets.com

March 03, 2020 12:44 pm +08


-A+A
KUALA LUMPUR (March 3): Shares of Bumi Armada Bhd are on course to snap their three-day losing streak, following news that the company has secured a loan refinancing facility of US$64.3 million (RM270.06 million).

The counter opened at its intra-day high of 32.5 sen, up 1.5 sen from the previous close, before paring its gains to trade unchanged at 31 sen at press time for a market capitalisation of RM1.82 billion.

It was the fourth most active counter on Bursa Malaysia with 4.3 million shares traded as at 11.49am.

The RM270 million loan was secured from Singapore’s ING Bank NV by Bumi Armada’s wholly-owned unit Armada TGT Ltd, the company said yesterday.

The new loan comes as good news for the company, which is working hard to pare down its debt, especially its short-term liabilities, and clean up its balance sheet.

On Feb 27, Bumi Armada said its lenders for Armada Kraken Pte Ltd has agreed to remove the risk of having to pre-pay its long-term loan of RM1.33 billion, previously classified as short-term liability due to non-compliances related with the Armada Kraken floating production storage offloading vessel project.

Shares of Bumi Armada have retreated from their December 2019 peak of 54 sen apiece, following weaker oil prices amid concerns of global demand due to the Covid-19 outbreak, and further dragged by weaker-than-expected latest quarterly results announced on Feb 27.
03/03/2020 3:22 PM

InvestorKING Never ending selling pressures
03/03/2020 3:48 PM

Letsfly everyday diarrhea
03/03/2020 4:01 PM

TAK1 Congrat kl sentral covid alrert work feom hime
03/03/2020 4:08 PM

itch Stay calm, outlook still fundamentally positive
03/03/2020 4:12 PM

itch We are really fortunate in this forum to have so many nice n caring people spending so much time here advising us to sell, when they have no stakes here. Such kind hearted people
03/03/2020 4:15 PM

InvestorKING Yes true itch, they are really too kind hearted, but why they so kind hearted when the price was 0.50+, then not advised us to sell that time?? Anyway god is watching
03/03/2020 4:21 PM

RJ87 not advised us to sell that time?? U mean those clowns from ARBB?

I can answer that. That's because I haven't expose their scam at ARBB.

Now, they try to bully me into shutting up. I'm not a person easily bullied.

I can go on and on...U guys know I can.
03/03/2020 4:35 PM

stay calm, sell all armada shares, runnnnnnnn while you still have the chance!

Posted by low life scumbag gayboy conman rj87 > 2020-03-03 18:56 | Report Abuse

Beware of these scammers rj87, itch,superpanda, mikekim,investorking,kim0914 all from armada!

impairment company? yes

high gearing company? yes

high debt company? yes

low profit company? yes

court case? yes

epf dispose armada shares? yes

loan from own company, tangan kiri masuk, tangan kanan keluar a.k.a conman company? yes

lots of fake promoters a.k.a scammers? yes

all show only, talk big ,shallow minded with no substance and bunch of self centred fakes? yes

scammers from armada accusing investors of being shorties? yes

bunch of retarded low life scumbag!

confirm all死老千rj87, itch,superpanda, mikekim,investorking,kim0914, 生子没有屁股,扑街harm ka carn!

Posted by low life scumbag gayboy conman rj87 > 2020-03-03 18:57 | Report Abuse

cheaters like rj87 likes to bluff

RJ87 not advised us to sell that time?? U mean those clowns from ARBB?

I can answer that. That's because I haven't expose their scam at ARBB.

Now, they try to bully me into shutting up. I'm not a person easily bullied.

I can go on and on...U guys know I can.
03/03/2020 4:35 PM

TAK1

1,458 posts

Posted by TAK1 > 2020-03-03 19:53 | Report Abuse

Itch somebody inform Mike about impairement earlier so he just shy it happened when he opined it will not same like me.

InvestorKING

5,931 posts

Posted by InvestorKING > 2020-03-03 20:50 | Report Abuse

I believe today early morning EPF got dispose alot of shares at 0.325, that's attracting shorties to short

InvestorKING

5,931 posts

Posted by InvestorKING > 2020-03-03 20:55 | Report Abuse

That means Armada operator they have not yet to collect enough cheap shares yet, that's why need more cheap shares from sohai shorties again

InvestorKING

5,931 posts

Posted by InvestorKING > 2020-03-03 21:27 | Report Abuse

Anyway, from my analysis, this week unlikely go up to 0.35 or above, because of EPF and Armada operator controlling the price together and collect those sohai stupid shorties shares

TAK1

1,458 posts

Posted by TAK1 > 2020-03-03 22:13 | Report Abuse

See how covid19 is helping the earth pls learn all stupid greedy rich people we need balance to be happy.

https://www.nst.com.my/world/world/2020/03/571054/nasa-images-show-fall-china-pollution-over-virus-shutdown

mf

29,033 posts

Posted by mf > 2020-03-04 05:45 |

Post removed.Why?

InvestorKING

5,931 posts

Posted by InvestorKING > 2020-03-04 07:24 | Report Abuse

When djia up almost 1300 points on Monday, Armada not even up, but pressed down by EPF, yesterday djia dropped 700+++ points, means djia still got up 500 points, got rebound big

InvestorKING

5,931 posts

Posted by InvestorKING > 2020-03-04 07:24 | Report Abuse

Unlike Armada, dropped since last Monday till now, never even have a sign of rebound

OOMMGG

678 posts

Posted by OOMMGG > 2020-03-04 08:22 | Report Abuse

If deep cut, oil will back to above USD 55

InvestorKING

5,931 posts

Posted by InvestorKING > 2020-03-04 08:29 | Report Abuse

Actually Monday Armada positive announcement not yet reflect to the share price yet

bullrun1985

1,271 posts

Posted by bullrun1985 > 2020-03-04 08:42 | Report Abuse

Armada today will limit down 1 cent, close 0.29-0.30

TAK1

1,458 posts

Posted by TAK1 > 2020-03-04 09:17 | Report Abuse

Looks like lots of people have chance to die buy some insurance fast fast hope you get covid19 people congrats the earth needs to breath back so u can stop now.

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