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 7 hours ago

Warriors88

886 posts

Posted by Warriors88 > 2020-03-05 10:53 | Report Abuse

Its order book remains healthy at RM17.5 billion (FPO: RM16.6 billion, OMS: RM900,000) with another RM9.8 billion worth of potential extension. This will sustain the group’s revenue for the next few years.

bullrun1985

1,271 posts

Posted by bullrun1985 > 2020-03-05 10:54 | Report Abuse

@warriors88, talents with high salary, earning goes to them and bank. bones for shareholders

i3lurker

14,274 posts

Posted by i3lurker > 2020-03-05 10:54 | Report Abuse

so you finally singled out the person responsible for the lawsuit failures and Armada losing hundreds of millions?

why are you posting person responsible for failures?

a lawyer

/////She was previously the Group General Counsel of UTSB.

Maureen Toh Siew Guat (“Maureen Toh”) has more than 20 years of legal experience, primarily in corporate, commercial and banking matters and equity/capital markets, including stints with ////law firms/// in Kuala Lumpur and Singapore. ///////

i3lurker

14,274 posts

Posted by i3lurker > 2020-03-05 10:59 | Report Abuse

she cost the shareholders hundreds of millions of RM

legal case was lost, that's very definitive and Judge says so

bullrun1985 @warriors88, talents with high salary, earning goes to them and bank. bones for shareholders
05/03/2020 10:54 AM

i3lurker

14,274 posts

Posted by i3lurker > 2020-03-05 11:00 | Report Abuse

its obvious
immediately after posting failure case

share price dived down rapidly

failure cases affects investor sentiment rapidly negative.

InvestorKING

5,931 posts

Posted by InvestorKING > 2020-03-05 11:01 | Report Abuse

Seems like no miracle already for this counter

bullrun1985

1,271 posts

Posted by bullrun1985 > 2020-03-05 11:04 | Report Abuse

Banggang RJ87, Please tell us your theory how to get 77 cents????? now armada eps 1 cent x 15 = 15c worth only

bullrun1985

1,271 posts

Posted by bullrun1985 > 2020-03-05 11:08 | Report Abuse

RJ87, your average price was 28.5c. if you play margin, sure you lose gaw gaw this time.

bullrun1985

1,271 posts

Posted by bullrun1985 > 2020-03-05 11:10 | Report Abuse

master of buy on dip method, Mikekim already calculated money at home now. what a soh*i RJ87. still think he is good guy. unless he come out say something now

Warriors88

886 posts

Posted by Warriors88 > 2020-03-05 11:10 | Report Abuse

WTI Crude 47.37 +0.59 +1.26%
Brent Crude 51.85 +0.72 +1.41%

TAK1

1,458 posts

Posted by TAK1 > 2020-03-05 11:22 | Report Abuse

See what the yellows have caused. So start changing start bringing in the others into your workspace. Short because its bad short the gov linked counters ku nan 900m asset. Armada not a Glc.

https://www.thestar.com.my/news/world/2020/03/05/man-locks-wife-in-bathroom-thinking-she-has-covid-19

InvestorKING

5,931 posts

Posted by InvestorKING > 2020-03-05 11:26 | Report Abuse

The system already set very clearly, every single minute will sell shares

InvestorKING

5,931 posts

Posted by InvestorKING > 2020-03-05 11:27 | Report Abuse

Motive is very simple, still in collection of cheap shares now

i3lurker

14,274 posts

Posted by i3lurker > 2020-03-05 11:27 | Report Abuse

from the master short seller himself ===>

he is confirming that all of Armada contracts now running at a loss for Principal.

Principal might terminate those contracts anytime.
expect contract terminations soon.

more impairments coming, production cost is much much higher than USD51.85

Posted by Warriors88 > Mar 5, 2020 11:10 AM | Report Abuse
WTI Crude 47.37 +0.59 +1.26%
Brent Crude 51.85 +0.72 +1.41%

InvestorKING

5,931 posts

Posted by InvestorKING > 2020-03-05 11:28 | Report Abuse

Everyday EPF dumping and dumping

TAK1

1,458 posts

Posted by TAK1 > 2020-03-05 11:30 | Report Abuse

Expect contract termination for yinson too. Force majoure.

i3lurker

14,274 posts

Posted by i3lurker > 2020-03-05 11:32 | Report Abuse

Warriors88 is very interesting

1) he firsts identifies person responsible for hundreds of millions of RM losses, sentiment immediately becomes negative

2) he then confirms that Armada will have contract terminations, investors now very fearful.

what a way to go, sure must be expert forumer

InvestorKING

5,931 posts

Posted by InvestorKING > 2020-03-05 11:38 | Report Abuse

Armada super oversold

SuperPanda

11,431 posts

Posted by SuperPanda > 2020-03-05 11:39 | Report Abuse

putrajaya and kl now have new cases of virus infection, market will continue weak

SuperPanda

11,431 posts

Posted by SuperPanda > 2020-03-05 11:40 | Report Abuse

usa and europe also increases, not good

bullrun1985

1,271 posts

Posted by bullrun1985 > 2020-03-05 11:45 | Report Abuse

@panda, your chance coming otw

i3lurker

14,274 posts

Posted by i3lurker > 2020-03-05 11:50 | Report Abuse

lets wait for more Warrior killer posts to press price down

before you buy

hope88

16 posts

Posted by hope88 > 2020-03-05 11:57 | Report Abuse

will close on 28.5.

SuperPanda

11,431 posts

Posted by SuperPanda > 2020-03-05 11:58 | Report Abuse

if opec action still not able to support oil price, then hve to wait until virus gone only oil can up, that might take some times

SuperPanda

11,431 posts

Posted by SuperPanda > 2020-03-05 11:59 | Report Abuse

dow might take another hit 1k pts drop anytime, us death increasing and market should be very cautious now

bullrun1985

1,271 posts

Posted by bullrun1985 > 2020-03-05 12:09 | Report Abuse

now banggang RJ87 sourcing for new fund to average down the armada mighty

InvestorKING

5,931 posts

Posted by InvestorKING > 2020-03-05 12:12 | Report Abuse

Armada dropping non stop

hockben

31 posts

Posted by hockben > 2020-03-05 12:18 | Report Abuse

Hi Hi.I am back n it's seem like shortties r controlling this forum.Don't worry,the worst is over n time to up now

Warriors88

886 posts

Posted by Warriors88 > 2020-03-05 12:20 | Report Abuse

Even though Bumi Armada had to provide impairments for its legal case against Woodside Energy Julimar Pty Ltd and vessels, the group’s core earnings exceeded consensus largely from the substantively higher margin improvement from its floating production storage and offloading vessel Armada Kraken, which has achieved a satisfactory operating efficiency of over 90%.

InvestorKING

5,931 posts

Posted by InvestorKING > 2020-03-05 12:22 | Report Abuse

Hockben, are you sure?? It doesn't even show the rebound till now?

Warriors88

886 posts

Posted by Warriors88 > 2020-03-05 12:25 | Report Abuse

Perdana Menteri Muhyiddin Yassin hari ini mengadakan pertemuan dengan pegawai-pegawai tertinggi daripada Kementerian Perdagangan Antarabangsa dan Industri (MITI) di Putrajaya.

Pertemuan itu bagi mendapatkan maklumat mengenai perkembangan sektor perdagangan antarabangsa dan pelaburan asing dalam negara.

Kementerian itu dahulunya diterajui anggota parlimen Penampang Darell Leiking sebelum keraajaan Pakatan Harapan (PH) tumbang minggu lalu.

Berdasarkan hantaran di laman Facebook rasmi Muhyiddin, pertemuan itu melibatkan ketua setiausaha dan pegawai-pegawai atasan kementerian berkenaan.


“KSU MITI juga menerangkan tentang status terkini penganjuran sidang Apec (Sidang Kemuncak Kerjasama Ekonomi Asia Pasifik) di mana Malaysia akan menjadi tuan rumah pada bulan November tahun ini,” menurut hantaran berkenaan.

Muhyididn juga pernah berkhidmat sebagai menteri MITI pada 2008 hingga 2009 bawah pentadbiran perdana menteri kelima Abdullah Ahmad Badawi semasa pemerintahan BN.

Perdana Menteri Muhyiddin Yassin hari ini mengadakan pertemuan dengan pegawai-pegawai tertinggi daripada Kementerian Perdagangan Antarabangsa dan Industri (MITI) di Putrajaya. Pertemuan itu bagi mendapatkan maklumat mengenai perkembangan sektor perdagangan antarabangsa dan pelaburan asing dalam negara. Kementerian itu dahulunya diterajui anggota parlimen Penampang Darell Leiking sebelum keraajaan Pakatan Harapan (PH) tumbang minggu lalu. Berdasarkan hantaran di laman Facebook rasmi Muhyiddin, pertemuan itu melibatkan ketua setiausaha dan pegawai-pegawai atasan kementerian berkenaan. “KSU MITI juga menerangkan tentang status terkini penganjuran sidang Apec (Sidang Kemuncak Kerjasama Ekonomi Asia Pasifik) di mana Malaysia akan menjadi tuan rumah pada bulan November tahun ini,” menurut hantaran berkenaan. Muhyididn juga pernah berkhidmat sebagai menteri MITI pada 2008 hingga 2009 bawah pentadbiran perdana menteri kelima Abdullah Ahmad Badawi semasa pemerintahan BN.

InvestorKING

5,931 posts

Posted by InvestorKING > 2020-03-05 13:05 | Report Abuse

Hockben, no big fund come in, how to up?? Everyday only see the system keep selling and selling non stop

InvestorKING

5,931 posts

Posted by InvestorKING > 2020-03-05 13:06 | Report Abuse

And price only down and down

InvestorKING

5,931 posts

Posted by InvestorKING > 2020-03-05 13:12 | Report Abuse

And I never even see a counter 9 days (since last Monday, and including today) keep dropping but no sign of rebound at all???

InvestorKING

5,931 posts

Posted by InvestorKING > 2020-03-05 13:13 | Report Abuse

Armada really did it, and only Armada shorties everyday contributing to it

Mabel

24,087 posts

Posted by Mabel > 2020-03-05 14:00 | Report Abuse

Chill Guys..

Whenever .you are in doubt...Do the Hustle..

https://www.youtube.com/watch?v=V3kE0rvAJhM

Compliments from Mabel’s Body Shops

Meow

InvestorKING

5,931 posts

Posted by InvestorKING > 2020-03-05 14:53 | Report Abuse

All other oil and gas counters all up, only Armada dropped

EngCCCC

257 posts

Posted by EngCCCC > 2020-03-05 15:12 | Report Abuse

Just queue to buy......

InvestorKING

5,931 posts

Posted by InvestorKING > 2020-03-05 15:36 | Report Abuse

Nobody dare to break 0.30 wall?

InvestorKING

5,931 posts

Posted by InvestorKING > 2020-03-05 15:47 | Report Abuse

Knm up 1cent already, but Armada not even can break 0.30

InvestorKING

5,931 posts

Posted by InvestorKING > 2020-03-05 15:49 | Report Abuse

Knm, velesto, perdana, sapura all up 1cenr, Armada not even up

SuperPanda

11,431 posts

Posted by SuperPanda > 2020-03-05 18:02 | Report Abuse

armada will down slowly until retailers cant hold and then suddenly spike 30% in a day

InvestorKING

5,931 posts

Posted by InvestorKING > 2020-03-05 18:18 | Report Abuse

Superpanda, who say armada will spike 30% in a day? I have been following Armada for soooooo long, never even see Armada will up 15% in a day, don't say 30% in a day

InvestorKING

5,931 posts

Posted by InvestorKING > 2020-03-05 18:19 | Report Abuse

But I know Armada pattern very well, if it's really down, it will definitely drop more than 30% in a day, never see up 30% in aday

InvestorKING

5,931 posts

Posted by InvestorKING > 2020-03-05 18:21 | Report Abuse

Now the question is, why all other oil and gas counters all up today, why only Armada still remain the same???

Knm and sapura up almost half a cent, velesto up 1.5cent, perdana up 1cent, but only Armada is the lousiest one, all the way from 0.40 to 0.295, never even up 1cent or half a cent, don't say rebound big

InvestorKING

5,931 posts

Posted by InvestorKING > 2020-03-05 18:24 | Report Abuse

Actually superpanda, I agree with you I'm also queuing to buy at 0.285 & 0.29 n maybe 0.295 later, in order to average down it significantly, now really suffering huge loss

InvestorKING

5,931 posts

Posted by InvestorKING > 2020-03-05 18:31 | Report Abuse

Today it's already a 9th day, dropped from 0.40 to 0.295 now without seeing a half or one cent up, don't ever dream big rebound, which is impossible for Armada

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