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 1 hour ago

TAK1

1,458 posts

Posted by TAK1 > 2020-03-12 15:39 | Report Abuse

U know what Trump did last time 2 got killed removing middle east saves US local oil.

Warriors88

886 posts

Posted by Warriors88 > 2020-03-12 15:41 | Report Abuse

The oil war won't end end so fast, wait to buy below 0.10

Warriors88

886 posts

Posted by Warriors88 > 2020-03-12 15:46 | Report Abuse

0.165 is too high for the oil war.

maggiemee

2,101 posts

Posted by maggiemee > 2020-03-12 15:58 | Report Abuse

gg.com

Mabel

24,087 posts

Posted by Mabel > 2020-03-12 16:19 | Report Abuse

#SuperPanda im not sure your actual position but if only barakah -ve margin very surprising.. you bought scomies b4 consolidate, after consolidate is 22c and now only 6c

but its your self proclaim, i dont want to argue

Like I said in the scomies forum, I have traded in that counter before and after the consolidation. After consolidation I have also traded at 25 cents..

What's t left right now in Scomies is a token remaining of my earlier collection. I usually leaves some tips on the table when I go out for dining. Scomies is positive margin.

Like I said earlier, I applied 80/20 rule..

As explained earlier, my motivation in this 3 PN17 counters is to see a complete turn around stories.. Please read what I shared earlier..

This sharing is not for debate, I'm just responding to your earlier questions..

Meow

TAK1

1,458 posts

Posted by TAK1 > 2020-03-12 16:20 | Report Abuse

Now u see all the countries that say will step up now will remain status co else be careful.

tkl88

8,712 posts

Posted by tkl88 > 2020-03-12 16:30 | Report Abuse

Now is the Glove theme:
Topglove -> 6.60 (+0.32) (+5.1%)
Kossan -> 5.36 (+0.24) (+4.7%)
Harta -> 6.61 (+0.13) (+2.1%)

When will be the O & G theme ?

Mabel

24,087 posts

Posted by Mabel > 2020-03-12 16:33 | Report Abuse

One of the reasons I was active in Scomies is because the guys there are bashing Calvin. Blaming him for over selling..

Personally I think it's not fair for Calvin as he is only sharing what he knows.

Decision to invest is entirely in everyone's prerogative..

Meow..

Mabel

24,087 posts

Posted by Mabel > 2020-03-12 16:38 | Report Abuse

Anyway the engagement in Scomies is a repeat on what happened in the Armada forum last year.

We are facing the same JC and his team..

The only difference is.. this round the sentiment is in JC favour unlike what's happened in Armada last year where this ship shoot to 55..

Even this round, Armada is badly wounded..

Meow

Warriors88

886 posts

Posted by Warriors88 > 2020-03-12 16:39 | Report Abuse

Armada will go to the new low everyday, until the oil war end

Warriors88

886 posts

Posted by Warriors88 > 2020-03-12 16:40 | Report Abuse

Sell and wait for the right timing

Warriors88

886 posts

Posted by Warriors88 > 2020-03-12 16:42 | Report Abuse

Warriors88 Sell and wait for the right timing
12/03/2020 4:40 PM

Shouldn't take the risk anymore

Posted by wow dog fuccker 123 > 2020-03-12 16:43 | Report Abuse

lalala

Warriors88

886 posts

Posted by Warriors88 > 2020-03-12 16:43 | Report Abuse

Sell or you will get burning your money

Mabel

24,087 posts

Posted by Mabel > 2020-03-12 16:44 | Report Abuse

Sure Warrior.. I will wait like what I did in the last cycle..

Meow

Mabel

24,087 posts

Posted by Mabel > 2020-03-12 16:47 | Report Abuse

@tkl88 Now is the Glove theme:
Topglove -> 6.60 (+0.32) (+5.1%)
Kossan -> 5.36 (+0.24) (+4.7%)
Harta -> 6.61 (+0.13) (+2.1%)

Lovely update tk88..

I have all these Top 3 Gloves in my collections. It's been rising everyday. We are donating 18 million gloves to China to help them fight the Coronavirus....cats included..

Meow..

Posted by wow dog fuccker 123 > 2020-03-12 16:48 | Report Abuse

lalalala

Warriors88

886 posts

Posted by Warriors88 > 2020-03-12 17:06 | Report Abuse

The worst haven't end yet

Posted by wow dog fuccker 123 > 2020-03-12 17:30 | Report Abuse

WHEN WILL IT LAST?

Posted by wow dog fuccker 123 > 2020-03-12 17:33 | Report Abuse

CHINA IS A RICH COUNTRY, NEED OUR DONATION?

i3lurker

14,274 posts

Posted by i3lurker > 2020-03-12 17:40 |

Post removed.Why?

Posted by wow dog fuccker 123 > 2020-03-12 17:50 | Report Abuse

i3lurker stupid people
China highways are 6 storeys tall with different destinations

Posted by wow dog fuccker 123 > Mar 12, 2020 5:33 PM | Report Abuse
CHINA IS A RICH COUNTRY, NEED OUR DONATION?
12/03/2020 5:40 PM

SO WHY NEED MALAYSIA DONATE TO THE RICH COUNTRY LIKE CHINA? WHERE IS THE POINT?

Posted by wow dog fuccker 123 > 2020-03-12 17:51 | Report Abuse

HI I3LURKER HEHEHE

Posted by wow dog fuccker 123 > 2020-03-12 17:51 | Report Abuse

where have you been recently?

bullrun1985

1,271 posts

Posted by bullrun1985 > 2020-03-12 18:38 | Report Abuse

Banggang RJ87, I suggest you to dispose half of your holdings to settle your margin call first. if not you will be work like hell to repay back to your respective bank. The rest of shares you can keep or sell it and wait for the real bottom of another potential shares.

bullrun1985

1,271 posts

Posted by bullrun1985 > 2020-03-12 18:41 | Report Abuse

Enquest trading now at its historical 10 pennies, and also the rest of armada client too. First quarter result sure very ugly, and 1 billion cash reduce alot to repay loan to its bank.

bullrun1985

1,271 posts

Posted by bullrun1985 > 2020-03-12 18:42 | Report Abuse

Default payment from the oil producer coming soon coming soon. they will find whatever excuse in the contract clause to reduce their payment to armada

bullrun1985

1,271 posts

Posted by bullrun1985 > 2020-03-12 18:46 | Report Abuse

Wrong one round haven't reach the Holland. If you stubborn and keep average down armada by seeking some loan facility. You will die very ugly in one day when armada default payment to the bank and oso when the time the long term loan become short term loan, the bank force the armada clear the loan. it will be happen soon same like our AAX

DickyMe

14,854 posts

Posted by DickyMe > 2020-03-12 18:47 |

Post removed.Why?

bullrun1985

1,271 posts

Posted by bullrun1985 > 2020-03-12 18:59 | Report Abuse

tomorrow will see another low for armada, 0.145 or 0.15????

SuperPanda

11,431 posts

Posted by SuperPanda > 2020-03-12 19:23 | Report Abuse

if recession comes it will be .10

Mabel

24,087 posts

Posted by Mabel > 2020-03-12 19:37 | Report Abuse

@wow dog fuccker 123

i3lurker stupid people
China highways are 6 storeys tall with different destinations

Posted by wow dog fuccker 123 > Mar 12, 2020 5:33 PM | Report Abuse
CHINA IS A RICH COUNTRY, NEED OUR DONATION?
12/03/2020 5:40

SO WHY NEED MALAYSIA DONATE TO THE RICH COUNTRY LIKE CHINA? WHERE IS THE POINT?
12/03/2020 5:50 PM

I3lurker is one learned traders in i3. He very updated what's going on around the world..

Malaysian has always been known for its compassion..

https://www.thestar.com.my/news/nation/2020/01/31/coronavirus-malaysia-to-donate-18-million-medical-gloves-to-china

PUTRAJAYA: Malaysia will donate 18 million pieces of medical gloves to China to assist in the fight against the novel coronavirus (2019-nCoV) epidemic.

Malaysia is the world’s largest producer of medical gloves, exporting approximately 180 billion pieces worldwide.

Meow

Warriors88

886 posts

Posted by Warriors88 > 2020-03-12 20:13 | Report Abuse

Dow Jones futures drop 1000 over points.
Oil price drops 6%.
Another nightmare for all.

mf

29,033 posts

Posted by mf > 2020-03-12 20:36 | Report Abuse

LONDON (Reuters) - Oil prices fell on Thursday following surprise travel restrictions imposed by U.S. President Donald Trump in an attempt to halt the spread of coronavirus after the World Health Organization described the outbreak as a pandemic.

The slump in oil is being compounded by the threat of a flood of cheap supply after Saudi Arabia and United Arab Emirates said they would raise output in a standoff with Russia.

Warriors88

886 posts

Posted by Warriors88 > 2020-03-12 21:40 | Report Abuse

Dow Jones Industrial Average
INDEXDJX: .DJI
OVERVIEW
NEWS
COMPARE
Finance
21,856.91 −1,696.31 (7.20%)

Warriors88

886 posts

Posted by Warriors88 > 2020-03-12 21:41 | Report Abuse

Should sell and wait for the right timing to buy back

pang72

51,279 posts

Posted by pang72 > 2020-03-12 21:42 | Report Abuse

Looking forward 12.5c soon

Warriors88

886 posts

Posted by Warriors88 > 2020-03-12 21:43 | Report Abuse

Warriors88 Warriors88 Sell and wait for the right timing
12/03/2020 4:40 PM

Shouldn't take the risk anymore
12/03/2020 4:42 PM

Warriors88

886 posts

Posted by Warriors88 > 2020-03-12 21:51 | Report Abuse

Dow Jones Industrial Average
INDEXDJX: .DJI
OVERVIEW
NEWS
COMPARE
Finance
21,773.75 −1,779.47 (7.56%)
12 Mar, 9:50 am GMT-4 · Disclaimer

Warriors88

886 posts

Posted by Warriors88 > 2020-03-12 21:52 | Report Abuse

Armada will drop below 0.10

Posted by Lukesharewalker > 2020-03-12 21:54 | Report Abuse

Can Encorp pay if production is below cost?

mf

29,033 posts

Posted by mf > 2020-03-12 21:57 | Report Abuse

Stocks extend losses following 15-minute 'circuit breaker' halt, S&P 500 drops 8%

i3lurker

14,274 posts

Posted by i3lurker > 2020-03-12 21:59 | Report Abuse

sure no problem

encorp will pay Armada USD50 per barrel, then sell the oil for USD30

loss of USD20 per barrel is not a problem, can do it forever

money grows on trees

Posted by Lukesharewalker > Mar 12, 2020 9:54 PM | Report Abuse
Can Encorp pay if production is below cost?

Posted by Lukesharewalker > 2020-03-12 22:02 | Report Abuse

Oil will go below 30 in April

DickyMe2

1,509 posts

Posted by DickyMe2 > 2020-03-12 22:02 | Report Abuse

Brent crude may break the 2016 low of US$27 and find support around US$23. If that fails expect under US$17.

Posted by armadatuah2017 > 2020-03-12 22:02 | Report Abuse

virus and oil war at the same time. how the world can escape. bullets are ready but really need to observe. at 0.150, will sailang

Ziko Ro

1,180 posts

Posted by Ziko Ro > 2020-03-12 22:32 | Report Abuse

Nightmare

Ziko Ro

1,180 posts

Posted by Ziko Ro > 2020-03-12 22:35 | Report Abuse

Who hold 20 above can jump from coconut tree.

limkokthye

6,039 posts

Posted by limkokthye > 2020-03-12 22:47 | Report Abuse

buy low , worth to buy

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