Posted by AlvinTSK > 2020-03-07 09:35 | Report Abuse

IK !!! everyday since last week, you keep on saying that there will be a rebound or a correction!!! Tell us honestly, how much you lost ??
Why keep on wanting to trap others and make them suffer ?? OR maybe others’ suffering will make you feel better about your lost ... then fair enough !! Go ahead and trying to comfort yourself!!

Posted by InvestorKING > 2020-03-07 09:59 | Report Abuse

Already 10 day no rebound

Posted by freddiehero > 2020-03-07 10:01 | Report Abuse

big hero take money run honeymoon ma..

Posted by freddiehero > 2020-03-07 10:01 | Report Abuse

now almost good time whole market crash

Posted by koowakzai > 2020-03-07 10:09 | Report Abuse

Debt to equity is 3.6. Current Ratio 0.65. Omg. Who still believe in this company. With high debt and low cash flow. How the company survive to pay off the borrowing. It will slowly go to PN 17.

Posted by AlvinTSK > 2020-03-07 10:32 | Report Abuse

Some are in deep !! therefore they are in denial now ... but again, denial is always the first step of grief!! Trust me they will grief later!!

Posted by InvestorKING > 2020-03-07 11:30 | Report Abuse

At this so cheap price, only two options, hold or buy more to average down

Posted by Mabel > 2020-03-07 11:35 | Report Abuse

Indeed...

Don't sailang in one go as the worst is still not over yet..

Whenever you are in doubt...

Do the Hustle..

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

Compliments from Mabel’s Body Shops

Meow.

Posted by itch > 2020-03-07 11:47 | Report Abuse

apa, your sapura reached there first. In fact its 16c now.

If Armada reach 17c as u said, yr sapura should be about 3c? No?

Posted by TAK1 > 2020-03-07 11:58 | Report Abuse

ARMADA JEWEL FPSO OLEMBENDO WILL BE FINANCED TO OVERCOME ANY FINANCIAL ISSUE JUST AS CURRENT 64M USD FROM FPSO IN VIETNAM TO WEATHER CURRENT DIP OR BUYBACK SHARES AS AK NEEDS 1B RM ONLY FOR BUYBACK AT CURRENT PRICE.

Posted by TAK1 > 2020-03-07 12:02 | Report Abuse

Yinson just did the same to payoff the syariah loans. Armada 1B RM short term payable in 12 months or less. OIL PRICE TO TEST 35 TO TEST US CAPACITY DURING GLOBAL IMPACT WITH OIL PRODUCTION AT THESE PRICES OR WILL US SANCTION ANOTHER COUNTRY TO RAISE OIL PRICES OR WAR.

Posted by Ziko Ro > 2020-03-07 12:02 | Report Abuse

Below 20 is not a joke guys !! Brent lowest ever USD 45 per barrel. Hi hi

Posted by Ziko Ro > 2020-03-07 12:06 | Report Abuse

I think many our freinds still hold price 35 to 40.

Posted by itch > 2020-03-07 12:07 | Report Abuse

Yes the current oil price is a concern.

But it is largely caused by the virus. Once the vaccine is developed, everything will likely be normalized and the chart will shoot up in a V sign

Posted by itch > 2020-03-07 12:10 | Report Abuse

As long one not using borrowed money and can hold, it's fine.

This is the time to be a contrarian in fact. Buy if it goes down more!

Posted by Ziko Ro > 2020-03-07 12:12 | Report Abuse

How to get profit company operations 50 to 55 per barrel

Posted by mf > 2020-03-07 12:17 | Report Abuse

Oil plunges 10% for worst day in more than 5 years after OPEC+ fails to agree on a massive...

Posted by hope88 > 2020-03-07 13:38 | Report Abuse

all stay at home.oil gg liao...change a way to goreng about market need share...no.point stay here to wait.... find another place to stand up again..find back confidence n money..this counter will alive again ...but have to wait......llaozuzong told us ..this way cannot pass...find another way to golah

Posted by OOMMGG > 2020-03-07 15:57 | Report Abuse

Hold tight , further plunging is coming on next week.

Posted by OOMMGG > 2020-03-07 15:58 | Report Abuse

Unless opec and non opec come back again for oil cut plan

Posted by OOMMGG > 2020-03-07 15:59 | Report Abuse

In short term, we may expect drop for another 20 to 30% if no oil cut plan at all after April

Posted by OOMMGG > 2020-03-07 16:03 | Report Abuse

It is a real challenging time for oil stock investor. Only those can survive the current setback to emerge as winner

Posted by mf > 2020-03-07 16:05 | Report Abuse

The market now sees the Fed cutting by 75 basis points in March

Posted by InvestorKING > 2020-03-07 17:36 | Report Abuse

If Monday and/or Tuesday oil price big rebound then how? Actually we cannot just depend on one day price of 45usd , it's actually based on everage price per barrel throughout the whole year and or months

Posted by InvestorKING > 2020-03-07 17:59 | Report Abuse

Now hoping Arab can really do something on it, actually without Russia, they also can cut 1mil barrels

Posted by apanama > 2020-03-07 17:59 | Report Abuse

Looks like 22sen is coming for Armada..because it was push from 22sen to 56sen. so im not surprise if it will return back to where its started 22sen..just 6sen away..

Posted by john1102 > 2020-03-07 19:15 | Report Abuse

holly shit armada! government should support it

Posted by OOMMGG > 2020-03-07 19:17 | Report Abuse

In one month time, target price for

Armada: 23 cents
Sapnrg: 13 cents
Alam: 8 cents
Velesto: 24 cents

Will it happen???

Posted by john1102 > 2020-03-07 19:22 | Report Abuse

i wish it no going down again.. it has been 2 weeks

Posted by OOMMGG > 2020-03-07 19:27 | Report Abuse

My wish too. Just prepare for the worst scenario. Mentally prepared to “ circumvent’ emotional selling.

Posted by OOMMGG > 2020-03-07 19:29 | Report Abuse

Just let it free fall next week, months back later is another invincible Armada

Posted by InvestorKING > 2020-03-07 20:51 | Report Abuse

Seems like this forum all shorties very happy, everyday making money from shorting

Posted by john1102 > 2020-03-07 21:22 | Report Abuse

i am long term inverstor

Posted by TrippleZ > 2020-03-07 21:24 | Report Abuse

"long term investor" is not magic words for successful investment. Let's be cleared about it.

Posted by mf > 2020-03-07 23:37 | Report Abuse

Oil plunges 10% for worst day in more than 5 years after OPEC+ fails to agree on a massive...

Posted by john1102 > 2020-03-08 08:39 | Report Abuse

wish not going down..loss a lot ady

Posted by InvestorKING > 2020-03-08 09:27 | Report Abuse

Armada already 10 days dropping with no sign of rebound

Posted by InvestorKING > 2020-03-08 09:29 | Report Abuse

And shorties in this forum everyday very happy because everyday making money

Posted by i3lurker > 2020-03-08 10:00 | Report Abuse

he is a long term investor in horse carriages, steam railways, floppy disks etc etc

sunset industry will always be a sunset industry

Posted by TrippleZ > Mar 7, 2020 9:24 PM | Report Abuse
"long term investor" is not magic words for successful investment. Let's be cleared about it.

Posted by GooShem > 2020-03-08 10:47 | Report Abuse

haha long term investment is for those who stuck 9 9. in stock market, nothing is eternal, you must take profit when stock go up.

Posted by TAK1 > 2020-03-08 11:14 | Report Abuse

U have oil price war its going to be fun tmr.oil 35 tmr.

https://www.google.com/amp/s/www.bloomberg.com/amp/news/articles/2020-03-07/saudi-aramco-slashes-crude-prices-kicking-off-price-war

Posted by TAK1 > 2020-03-08 11:21 | Report Abuse

Too bad for those who never sell going to slèep will be back in Jun.

Posted by InvestorKING > 2020-03-08 11:29 | Report Abuse

Unlikely oil price will go below 40usd as saudi cannot afford to lose

Posted by GooShem > 2020-03-08 11:31 | Report Abuse

haha never say never in this world

Posted by InvestorKING > 2020-03-08 11:31 | Report Abuse

Because if 35usd, most petro companies do not make much profits, as their cost for pumping, all etc, are around 30usd to 35usd per barrel

Posted by i3lurker > 2020-03-08 11:32 | Report Abuse

talk cock only
they are living on USD500 billion loan and Aramco proceeds

they need USD60 oil

problem is of course,
Russia refuses to help them,
coz Russia needs the hard currrency. Russia will win.
Russia is still good to USD45 thereabouts.
Again USD45 is a fake figure coz to a centralised economy, USD0.00 is their real floor.
Losses is ok when you can print the money.
They just want the USD

always remember => Russia always wins, go to hell to talk to Napoleon and Hitler for testimony. Even US leaves them alone.

Posted by TAK1 > Mar 8, 2020 11:14 AM | Report Abuse
U have oil price war its going to be fun tmr.oil 35 tmr.

https://www.google.com/amp/s/www.bloomberg.com/amp/news/articles/2020-...

Posted by GooShem > 2020-03-08 11:36 | Report Abuse

investorking that's why now is crisis.

Posted by InvestorKING > 2020-03-08 11:37 | Report Abuse

But anyway, Armada profits is not based on oil price fluctuations, Armada profits is based on fixed chartered rate

Posted by TAK1 > 2020-03-08 11:37 | Report Abuse

In war all is fair.

Posted by InvestorKING > 2020-03-08 11:38 | Report Abuse

But if the oil price is higher, then will have more oil and gas activities, and thus speculation on oil and gas counters