Posted by nich0las > 2020-03-09 10:02 | Report Abuse

wow, Staying High High condo. gila la ni..

Posted by TAK1 > 2020-03-09 10:02 | Report Abuse

Congrats AK offer buyout at 30c for Armada due to overshorting in klse.

Posted by bullrun1985 > 2020-03-09 10:04 | Report Abuse

IK, lost RM 3 mil
Mikekim lost RM 6 mil
Banggang RJ87 lost RM 300k
Panda RM30k
Paktua RM few mil

Posted by kenie > 2020-03-09 10:05 | Report Abuse

Oil drops 2% as steeper OPEC+ output cuts not yet agreed
LONDON (March 6): Oil prices slid 2% on Friday on concerns that Russia may not agree to a steeper OPEC+ output cut to support prices and on the spectre of a prolonged economic slowdown due to the coronavirus outbreak.

Brent crude was down US$1.20, or 2.4%, at US$48.79 per barrel by 0954 GMT, while US West Texas Intermediate (WTI) was US$1, or 2.1%, lower at US$44.90 per barrel.

The Organization of the Petroleum Exporting Countries (OPEC) was holding crunch talks with its allies on Friday after the group told Russia and others it favoured an additional 1.5 million barrels per day (bpd) of oil cuts until the end of 2020.

The new deal would mean supply curbs by OPEC and its allies, a grouping known as OPEC+, amounting to a total of 3.6 million bpd, or about 3.6% of global supplies.

Non-OPEC states were expected to contribute 500,000 bpd to the overall extra cut, OPEC ministers said. But Russia and Kazakhstan, both members of OPEC+, said they had not yet agreed to the deeper cut, raising the risk of a collapse in cooperation that has propped up crude prices since 2016.

Some analysts expected Moscow to ultimately endorse the agreement.

"If it says no, the entire union could collapse — and with it any new bilateral trade and investment deals in the pipeline as well as the strategic influence Moscow has secured by participating in the production agreement," RBC Capital Markets said in a research note.

"There will be a flurry of high level calls between Moscow, Riyadh and Abu Dhabi to get the deal done."

Concerns about the economic environment are overwhelming the positive impact of the proposed big output cuts, said Michael McCarthy, chief market strategist at CMC Markets.

Global stock markets tumbled on Friday as disruptions to business from the spreading coronavirus epidemic worsened. European shares opened sharply lower, with travel stocks bearing the brunt.

However, after marking its worst weekly performance since the 2008 financial crisis a week ago, the MSCI All-Country World Index was up 1.7% this week.

Even with the deeper cut, Goldman Sachs said the OPEC+ deal will not prevent a global oil market surplus in the second quarter. The bank maintained its Brent price forecast at US$45 a barrel in April.

"Ultimately a rebound in demand, not supply cuts, will be the necessary catalyst for a sustainable rebound in prices," the bank said.

Meanwhile ANZ said global oil consumption could fall by 1.6 million bpd in the first half of 2020 and contract by around 300,000 bpd for the full year.

"Growth may return in H2 (second half of 2020), but is unlikely to be enough to offset the losses," the bank said.

"(I) expect that it is just not OPEC and Russia looking to stabilise prices but also the US producers," said Jonathan Barratt, chief investment officer at Probis Group.

Posted by bullrun1985 > 2020-03-09 10:06 | Report Abuse

no IDSS for armada

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

9-3-2020
WTI future USD 30

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

wtf hahahaha

Posted by Banditos > 2020-03-09 10:11 | Report Abuse

sure or not? there is only 700 lot at 0.14 n 980 at 0.125. nothin at 0.13.
+++


paktua73 done relaod back from 013-0.14
after cyt lost on previous holding..
now hold back on low level

tut tut
besar rugi terpaksa tngung

Posted by bullrun1985 > 2020-03-09 10:13 | Report Abuse

@Banditos, here all scammer, don't conned by them

Posted by bullrun1985 > 2020-03-09 10:15 | Report Abuse

Mikekim will jump out later say that he already sold at 0.40. now waiting to buy back at lower price

Posted by paktua73 > 2020-03-09 10:18 | Report Abuse

done sold back 85% share on hand at 0.195-0.19
just swing abit

tut tut

Posted by bullrun1985 > 2020-03-09 10:19 | Report Abuse

paktua, you juz bought 100 lot at lower price today

Posted by TAK1 > 2020-03-09 10:27 | Report Abuse

Remember for every action there is a reaction what is going to be saudi price to pay for doing this.

Posted by shpg22 > 2020-03-09 10:28 | Report Abuse

Sepandai pandai tupai melompat

Posted by TAK1 > 2020-03-09 10:29 | Report Abuse

Armada cash in hand 1 B. Enough for buyout with 300m cash in hand after buyout.

Posted by Ziko Ro > 2020-03-09 10:38 | Report Abuse

Nothing cash 1 bln if losses more than 1 bln. Take note

Posted by bullrun1985 > 2020-03-09 10:40 | Report Abuse

Banggang RJ87, too banggang until lose no more underwear

Posted by prince4 > 2020-03-09 10:41 | Report Abuse

Covid-19 make economy slown down fundamental company metamorphism ,expect local and foreign funds money would not flow in big cap and mid cap stock because everybody scare buy high losses money . In this few month expect Funds manager money would flow out in bigcap and midcap stocks and will short selling midcap stocks for make money so now no prospects cannot buy and hold .
market stock RM5.00 drop to RM 2.00 ,followed RM2.00 drop RM1.00,followed RM1.00 drop to 50 cent,followed 50 cent drop to 20cent ,followed 20 cent drop to 10cent ,followed 10cent drop to bottom.
This is a opportunity markets money no longer will flows in cheaper stocks sharks will goreng lows price stock at bottom..

Posted by bullrun1985 > 2020-03-09 10:43 | Report Abuse

Margin call Margin call

Posted by bullrun1985 > 2020-03-09 10:43 | Report Abuse

all Dai Gors

Posted by mf > 2020-03-09 10:44 | Report Abuse

FBM KLCI 1,434.64 -48.46 3.27%

Posted by Silent75 > 2020-03-09 10:45 | Report Abuse

Can jump floor liao....

Posted by Ziko Ro > 2020-03-09 10:47 | Report Abuse

Everyday f/ sell activated to sell. No buyer will hammered to go down deeply.

Posted by bullrun1985 > 2020-03-09 10:47 | Report Abuse

IK, Mikekim, RJ all jump floor. Margin call Margin Call

Posted by bullrun1985 > 2020-03-09 10:50 | Report Abuse

RJ87, too banggang and always fuck ppls around. this is called karma. hope he regret and stand up again

Posted by mf > 2020-03-09 10:51 | Report Abuse

FBM KLCI 1,432.40 -50.70 3.42%

Posted by maggiemee > 2020-03-09 11:04 | Report Abuse

wah why keeps on drop from 50c to 18c now? many people paper lose banyak

Posted by Mabel > 2020-03-09 11:11 | Report Abuse

I collected another batches today..

Thanks for selling...

Meow

Posted by mf > 2020-03-09 11:12 | Report Abuse

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

Posted by bullrun1985 > 2020-03-09 11:13 | Report Abuse

@mabel, wow collect another batch. brave women in Bursa Malaysia

Posted by bullrun1985 > 2020-03-09 11:19 | Report Abuse

Banggang Rj87, CEO still there. You wanna sell or not?

Posted by signalmw > 2020-03-09 11:20 | Report Abuse

Lucky sell

Posted by TAK1 > 2020-03-09 11:20 | Report Abuse

Idss also never sell of remember 5.3b shares only 100m shares sold stupid shorty russia saudi and US cannot sustain 30 dolar oil. It will recover faster as china and india benefiting from low prices. Kena play by idss.

Posted by signalmw > 2020-03-09 11:20 | Report Abuse

Who buy at 0.125

Posted by Mabel > 2020-03-09 11:27 | Report Abuse

@bullrun1985 @mabel, wow collect another batch. brave women in Bursa Malaysia
09/03/2020 11:13 AM

It's not only Armada. I'm also collecting other Battleships like Sapnrg, Alam, Icon etc etc. Managed to collect more Body shops shares too this morning. These are my future investment. Hold until US Presidential elections..

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

One thing that we need is for the market to recover in V SHAPE mode. Than it will be something. If the recovery is slumber land..we will be in trouble...but historically if we compare to SARS..the recovery was so fantastic..it was V SHAPE recovery..

Currently, COVID 19 is about media headlines only..once the media change the mode to positive news such as vaccine found , China successfully contain the virus , USA successfully contain the virus , Europe successfully contain the virus then on top of all interest rate cuts aggressively by Federal Reserve mid March 2020, then market start to change its gear for positive mode.

Latest we can see Friday Dow Jones only loss 300 points compared to previous nearly 1000. That shows Dow Jones might going to be stabilize already.

For Crude Brent Oil, I don't think Brent will break USD 40. Normally, during USA Presidential Election, Brent will move within a band of USD 20 per barrel. Thus, assuming the support level for Brent Oil is USD 40-45, thus, beyond June until December 2020, the Brent Oil will have tendency to test USD 60-65 per barrel. That's consider V Shape recovery.

I hope Dow Jones will follow 2018 trend and not 2008. They just loss in 16 trading days in 2018 which if we calculated the period is over. Pray for the best. Dow Jones set the tune. Hopefully they will push back to 27000 level and above..

Let's hope for the best...

Meow

Posted by Banditos > 2020-03-09 11:32 | Report Abuse

only 980lot done at 12.5 stupid. u live stone age think ppl cannot see ka. lmao.
++++++++

roger3210 I bought 0.125 rm500k

Posted by mf > 2020-03-09 11:33 | Report Abuse

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

Posted by rr88 > 2020-03-09 11:35 | Report Abuse

Saudis are playing a new long game. Keep oil price low for a long2 time n pump as much as possible. All these debt laden companies like sapnrg & armada will go bankcrupt.

Posted by bullrun1985 > 2020-03-09 11:36 | Report Abuse

@Banditos, all here are scammers. bought few ten mil shares, now waiting for chance to declare that all shares sold at higher price, buy back at 0.125

Posted by bullrun1985 > 2020-03-09 11:39 | Report Abuse

First person will be Mikekim, lets watch the movie.

Posted by bullrun1985 > 2020-03-09 11:40 | Report Abuse

all the jokers will have a big show today. lets see how they present the talk

Posted by bullrun1985 > 2020-03-09 11:45 | Report Abuse

Banggang RJ87, your beloved CEO still there, will you sell your armada?

Posted by bullrun1985 > 2020-03-09 11:45 | Report Abuse

Lets talk about FA of Armada, BLA BLA BLA.... 77 cents

Posted by TAK1 > 2020-03-09 11:55 | Report Abuse

Sapura and Armada 34% down like brother in debt.

Posted by TAK1 > 2020-03-09 11:57 | Report Abuse

Come play snake and ladder again.

Posted by tkl88 > 2020-03-09 12:04 | Report Abuse

Dow futures plunge 1,200 points, crude prices tumble as fears of oil price war add to virus angst
Jessica Menton USA TODAY Published 7.42pm ET 8 Mar 2020
https://www.usatoday.com/story/money/2020/03/08/dow-futures-plunge-1-000-points-crude-prices-tumble-oil-price-war/4996351002/

Asian stock markets and U.S. futures tumbled Sunday evening following a sharp drop in crude prices, rattling investors who were already grappling with economic disruptions from the coronavirus outbreak.

Dow futures plunged 1,200 points and Standard & Poor’s 500 futures dropped 4.4%. Stocks in Asia plummeted, with Japan's Nikkei 225 sliding 5.7% while Australia's S&P/ASX 200 shed 5.8%. Hong Kong's Hang Seng index lost 4%.

Bond yields, meanwhile, slumped to new unprecedented lows. Global markets have endured multiple roller coaster weeks following uncertainty over how much damage the deadly virus will do to the global economy.

Investors were spooked further Sunday after oil prices briefly dropped 30% following Saudi Arabia's decision to cut its export oil prices over the weekend, a move that has sparked concerns over a global oil price war, analysts say.

Saudi Arabia's move came after OPEC failed to strike a deal with its allies on a cut to oil production. An agreement would have contained the plunge in the price of crude caused by the virus outbreak’s disruption to world business, analysts say.

Posted by mf > 2020-03-09 12:08 | Report Abuse

US crude prices briefly drop below $28 a barrel after OPEC deal failure sparks price war

Posted by TAK1 > 2020-03-09 12:10 | Report Abuse

Southeast asia producers no buyers for oil as saudi and russia afrika all pumping full load to cover buyers price is dirt cheap 25 usd. Will russia amerika or saudi yeild but in these 3 if you knock out middleast oil price wiĺl recover to 80. So whats the luck of someone creating havoc in middle east. All this to happen in march 2020.

Posted by TAK1 > 2020-03-09 12:23 | Report Abuse

This is what you call gambling with shares but u wont lose all.

Posted by AlvinTSK > 2020-03-09 12:40 | Report Abuse

Only by going against the tide, is when a billionaire is made !! Ready for the affernoon session!! Pessimism is peak at oil & gas counter!! Time to be a hero!!