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

0.49 - 0.505

Trading Volume

6,166,900


45 people like this.

72,260 comment(s). Last comment by RayLee 1 day ago

nicky

3,351 posts

Posted by nicky > 2020-05-29 18:18 | Report Abuse

Armada won't get direct impact of oil price...as long as no cancellation of contracts then it will be fine.

mf

29,029 posts

Posted by mf > 2020-05-29 18:40 |

Post removed.Why?

tkl88

8,712 posts

Posted by tkl88 > 2020-05-29 18:45 | Report Abuse

SUMMARY OF KEY FINANCIAL INFORMATION
31 Mar 2020

Current Year Quarter
31 March 2020
(RM)
Revenue => 552,618,000
Profit/(loss) before tax => -214,215,000
Profit/(loss) for the period => -219,547,000

SuperPanda

11,431 posts

Posted by SuperPanda > 2020-05-29 18:45 | Report Abuse

it dont have direct impact and somehow share price fall from 55c to 21c now

it must be bcoz of change gov then, its PH fault : )

Silent75

94 posts

Posted by Silent75 > 2020-05-29 19:12 | Report Abuse

Walau eh... Every quarter impairment... Untung jadi rugi... Can't it be done at once only...

nicky

3,351 posts

Posted by nicky > 2020-05-29 19:27 | Report Abuse

As i said ... current price is factored in

nicky

3,351 posts

Posted by nicky > 2020-05-29 19:38 | Report Abuse

So many ppl cursing it goes below RM0.20 or RM0.15... yet still stay at firm at RM0.21... really so bad ?

tkl88

8,712 posts

Posted by tkl88 > 2020-05-29 19:48 | Report Abuse

The worst is over, it won’t dropped to 0.15 or 0.12 anymore...

Posted by T800Terminator > 2020-05-29 19:57 | Report Abuse

Wah.....Aminvest wanna buy cheap? When IB ask to sell, do the opposite way.....

Friendship

1,615 posts

Posted by Friendship > 2020-05-29 21:16 | Report Abuse

Ask them go eat Shit haha
That day give Serba target price of 1.05, then suddenly change to above 2.00 the next month haha

nicky

3,351 posts

Posted by nicky > 2020-05-29 21:27 | Report Abuse

Yes... they even gave TP for TopGlove RM20.00 ... crazy

BILLC

2,043 posts

Posted by BILLC > 2020-05-29 22:15 | Report Abuse

Runnnnnnn for your life,,,,,,

roger3210

108 posts

Posted by roger3210 > 2020-05-29 22:22 | Report Abuse

Buy

Mabel

24,087 posts

Posted by Mabel > 2020-05-29 23:33 | Report Abuse

@5354_ Icon 10 sen cheaper yet profitable why nobody want?
29/05/2020 2:49 PM

Icon bought already...

I want different flavors end up buying 18 battleships...

It's just like Ice Cream...Some loves vanila, some chocolates, some straw berries and so on...

Meow

Mabel

24,087 posts

Posted by Mabel > 2020-05-29 23:47 | Report Abuse

Despite bad QR Armada TA still looks good..

Plan to hold...

Meow

PVTHSD92

53 posts

Posted by PVTHSD92 > 2020-05-29 23:53 | Report Abuse

Today price dropped is no connection with QR. Main reason is Brent oil price dropped again. Same as others oil counter. Next level is if Oil price hit Usd 40.

PVTHSD92

53 posts

Posted by PVTHSD92 > 2020-05-29 23:57 | Report Abuse

Impossible price drop to below 0.18, unless oil price drop again to below Usd29.

Posted by birkincollector > 2020-05-30 07:35 | Report Abuse

Lol saved by oil price. Closed at usd 37

James Ng

2,704 posts

Posted by James Ng > 2020-05-30 10:08 | Report Abuse

https://klse.i3investor.com/blogs/general/2020-05-30-story-h1507920187.jsp
[转贴] [BUMI ARMADA BHD:确认船舶减值损失] - James的股票投资James Share Investing

Posted by sohaitrysohard > 2020-05-30 10:13 | Report Abuse

Laosai sifut

EPF_sell

83 posts

Posted by EPF_sell > 2020-05-30 10:43 | Report Abuse

29-May-2020 Price Target Bumi Armada- Cautious on further impairments ahead
Source : AmInvest, Price Call : SELL, Price Target : 0.10
Last Price : 0.21, Upside/Downside : -0.11(52.38%)

Mabel

24,087 posts

Posted by Mabel > 2020-05-30 10:57 | Report Abuse

Let see if she can drop to 10 sen...

We collect lor...

Posted by rainiscoming > 2020-05-30 12:33 | Report Abuse

monday goreng goreng

itch

1,178 posts

Posted by itch > 2020-05-30 13:19 | Report Abuse

Overall, i think its stlll a positive result if we consider all the positives and negatives in its report.

If we are prepared to hold a bit longer, we can win big.

Perhaps not for those who have no position here yet as there may be better opportunity for faster gain elsewhere.

For us Armadians, there is still plenty to look forward. I will certainly add position if it drops to an appetizing level!

itch

1,178 posts

Posted by itch > 2020-05-30 13:20 | Report Abuse

Wonder what happened to some of our taikors mikekim, RJ, investorking etc?

Mabel

24,087 posts

Posted by Mabel > 2020-05-30 14:55 | Report Abuse

Touche itch!

Earlier, some smart Alex were saying SELL in May and Go Away...

They forget, it's freezing cold up in the North Poles...Santa Gloves actually came to town in May...

All my Fantastic Four Gloves Counters rockets like no business in May...

So when these smart Alex came back in June all the Gloves trains have left..

Always stay invested!

Meow...

P/S Kinda miss these 3 Gentlemen too..

itch

1,178 posts

Posted by itch > 2020-05-30 17:25 | Report Abuse

Good for you Mabel.

I am also in the gloves train since March. Covered a lot of my temporary losses elsewhere !

RJ87

5,134 posts

Posted by RJ87 > 2020-05-30 18:08 | Report Abuse

Too busy buying and selling...Switching from FA to TA trading in high volatility environment, good time to whack warrants....

Means no time to waste talking FA here...No FA to talk also especially nothing is predictable for 2H20. And nothing to talk about TA...it's just market frenzy...

Company Cashtag Date Entry Date Exit Entry Exit PnL PnL% CapitalGain low high Change% Current Price Unrealised Gain Unrealised Profit Period
0 TEK SENG HLDGS TSHB 5/21/2020 0.315 0.235 0.505 14.77272727 0.505 0.19 160.3174603 4
1 POLYGLASS FIBRE PGFM 5/18/2020 0.295 0.2 0.48 0 0.465 0.17 157.6271186 7
1 RUBBEREX CORP RUMM 5/21/2020 2.13 1.26 3.06 29.66101695 3.06 0.93 143.6619718 4
2 SUPERMAX CORP SUPM 5/21/2020 5.4 2.14 7.63 10.57971014 7.63 2.23 141.2962963 4
0 NOVA PHARMA BHD NOVA 3/6/2019 0.25 0.23 0.35 12.90322581 0.35 0.1 140 4
1 COMFORT GLOVES COMF 5/20/2020 2.48 1.25 3.45 12.01298701 3.45 0.97 139.1129032 5
1 BOUSTEAD HOLDG BOUS 5/19/2020 0.475 0.435 0.63 6.779661017 0.63 0.155 132.6315789 6
1 TOPVISION EYE TOPV 4/19/2019 0.43 0.265 0.55 10 0.55 0.12 127.9069767 5
1 HARTALEGA HLDGS HTHB 5/19/2020 9.01 7.25 11.14 2.389705882 11.14 2.13 123.6403996 6
0 EURO HOLDINGS ERHB 5/20/2020 0.78 0.72 0.96 1.587301587 0.96 0.18 123.0769231 5
2 VERSATILE CREATI VSTL 5/21/2020 0.295 0.21 0.355 29.09090909 0.355 0.06 120.3389831 4
1 MMC CORPORATION MMCB 5/18/2020 0.73 0.645 0.875 4.790419162 0.875 0.145 119.8630137 7

no time to help u guys arrange it...u figure out urself

Jabami

71 posts

Posted by Jabami > 2020-05-30 19:38 | Report Abuse

brent crude almost US38

bullrun1985

1,271 posts

Posted by bullrun1985 > 2020-05-30 20:12 | Report Abuse

@rj87, this is armada forum, why u post other shares here? Will u reenter the armada?

bullrun1985

1,271 posts

Posted by bullrun1985 > 2020-05-30 20:16 | Report Abuse

Mikekim may come out tomorrow, announce that he hadbought few ten millions of armada shares and the average price was below 20c.

Posted by investortrader88 > 2020-05-30 22:26 | Report Abuse

Top 25 shareholders own 68.72% of Bumi Armada Berhad


Objeklif Bersatu Sdn Bhd

34.8%

Permodalan Nasional Berhad

12.99%

Karisma Mesra Sdn Bhd

4.01%

The Vanguard Group, Inc.

1.87%

Employees Provident Fund of Malaysia

1.81%

Wijaya Sinar Sdn Bhd

1.34%

Ombak Damai Sdn Bhd

1.31%

Siling Fong

1.21%

Yu Wei Tan

1.05%

Urusharta Jamaah Sdn Bhd

0.88%

ValueCap Sdn Bhd

0.82%

Norges Bank Investment Management

0.78%

Wijaya Baiduri Sdn Bhd

0.76%

Dimensional Fund Advisors L.P.

0.76%

Maybank Asset Management Group Berhad

0.58%

Bank Negara Malaysia National Trust Fund

0.51%

Barclays Bank PLC, Securities Investments

0.49%

The California State Teachers' Retirement System

0.47%

Chai Beng Lim

0.42%

Credit Suisse, Investment Banking and Securities Investments

0.39%

Robert Lichota

0.35%

Chin Hock Ooi

0.35%

Perera Dushyanthi

0.34%

Numeric Investors LLC

0.22%

Teachers Insurance and Annuity Association of America - College Retirement Equities Fund

0.19%

pujut

151 posts

Posted by pujut > 2020-05-30 22:43 | Report Abuse

Bumi Armada

More provisions from Bumi Armada?

BUMI Armada Bhd, the service provider to oil and gas companies, has provided for no less than RM5.8bil as impairments for its assets since the financial year 2016. The bulk of the provisioning was taken up at the group level.

If anybody had thought that the company, which is owned by T. Ananda Krishnan, was done with provisioning for its assets, they were proven wrong. In the latest quarter results, the company sunk into the red due to the setting aside RM314mil for impairments for its offshore marine services (OMS) segment.

Bumi Armada has 35 vessels in its OMS segment where the utilisation rate is 56%. Out of the 35 vessels, three are subsea construction (SC) vessels while the rest are offshore service vessels (OSVs).

According to analysts, the provisions are mainly for the SC vessels that are lying idle without any charter in hand since early last year. The SC vessels are in the Caspian Sea where drilling activities have reduced significantly.
Fortunately for Bumi Armada, its floating production, storage and offloading (FPSO) assets are performing well. Bumi Armada wholly owns four FPSOs and co-owns three others.

It has one FPSO asset that is lying idle and up for sale. Fortunately, the company has completely provided for the FPSO asset that was due to be mobilised to an oil field offshore Australia. But there were disagreements and the FPSO Claire has returned to the custody of Bumi Armada. Hence, if any sale happens, it is a pure writeback for Bumi Armada.

The company is looking to dispose of the remaining OSVs because competition is keen and margins are narrow in that particular segment of the oil and gas industry. Even Petronas has urged the local players to consolidate but its calls have largely fallen on deaf ears.

The concern is Bumi Armada would have to provide more impairments as more disposals of OSVs take place.

Towards this end, some analysts have downgraded the stock to as low as 10 sen as they do not see any catalyst for earnings growth and are uncertain if the company has to make more provisions.

vespa

887 posts

Posted by vespa > 2020-05-31 00:06 | Report Abuse

Hi investortrader 88, the top 20 shareholder list you kindly shared. Would you happen to know as of when ie date? Thank you

nicky

3,351 posts

Posted by nicky > 2020-05-31 06:33 | Report Abuse

Am slashed the TP from RM0.52 to RM0.10 within two months time.... Lol... so is it possible will lift the TP RM0.52 again for another two months ???? Those Investment banks' write up really rubbish

Posted by investortrader88 > 2020-05-31 07:35 | Report Abuse

good morning everyone @ vespa.the top 20 shareholder i get it from this app. later you can check.been using this app for quite sometimes.very useful.


https://simplywall.st/stocks/my/energy/klse-armada/bumi-armada-berhad-shares

Posted by investortrader88 > 2020-05-31 07:53 | Report Abuse

nicky Am slashed the TP from RM0.52 to RM0.10 within two months time.... Lol... so is it possible will lift the TP RM0.52 again for another two months ???? Those Investment banks' write up really rubbish


@nicky.totally agree with you.ibs from Ambank really joker. few mths ago they gave tp to serba RM 1.after serba won a project at middle east two weeks ago they change serba tp to RM 2.see how fast their u turn.hahaha


# never trust ibs from investment bank

JayC88

898 posts

Posted by JayC88 > 2020-05-31 09:28 | Report Abuse

u are correct TAK1. come sell to me i help you keep.

Mabel

24,087 posts

Posted by Mabel > 2020-05-31 10:18 | Report Abuse

@nicky Am slashed the TP from RM0.52 to RM0.10 within two months time.... Lol... so is it possible will lift the TP RM0.52 again for another two months ???? Those Investment banks' write up really rubbish
31/05/2020 6:33 AM

Touche nicky...

Always take one Big Spoon of salts when comes to IB valuation. They have interest and also part of the playing field just like you and me. With TP RM0.10 cents, it means they want to starts collecting at our expenses. Once they have collected enough, they will revised the TP again to RM 0.52 so that they can sell to new buyers..

Here we rely more on mikekim valuation...

Based on last year track record, once you are on board, always think about TP RM0.60 or even higher to give you the motivation to HOLD. Armada is a pretty strong Battleship. It has ride any turbulence waves before and has survived.

However, sell when it breaches RM0.55 since the Armada operator will not allow the price to reach RM0.60...

Meow...

Macgyver11

2,492 posts

Posted by Macgyver11 > 2020-05-31 11:54 | Report Abuse

Armada top 10 shareholders:-

1) Tatparanandam Ananda Krishnan 2,048,288,000 34.8%

2) Permodalan Nasional Bhd. 764,654,700 13.0%

3) Karisma Mesra Sdn. Bhd. 236,278,650 4.02%

4)The Vanguard Group, Inc. 138,973,809 2.36%

5) Norges Bank Investment Management 112,511,508 1.91%

6) Employees Provident Fund 106,791,445 1.82%

7) Dimensional Fund Advisors LP 79,740,293 1.36%

8) Wijaya Sinar Sdn. Bhd. 78,759,550 1.34%

9) Yu Wei Tan 62,029,600 1.05%

10) Urusharta Jamaah Sdn. Bhd. 51,962,800 0.88

I believed this is latest but one thing I dont understand, as far as my knowledge EPF already ceased all it shares. EPF still listed as one of the shareholders according to the data.

olllie

3 posts

Posted by olllie > 2020-05-31 15:46 | Report Abuse

A depression. Good luck!

vespa

887 posts

Posted by vespa > 2020-05-31 19:01 | Report Abuse

investortrader88, Thanks. The shareholdings reported are sporadic with dates. Some are as of March 2019 and others as of April 6 2020. I too try to keep track but none are really up to date. Mine is from Shareinvestor

macgyver11, once holding are below 5%, company needn't report to Bursa.

KRISHNAN TATPARANANDAM ANANDA 34.834%
Permodalan Nasional Bhd. 13.004%
Karisma Mesra Sdn. Bhd. 4.018%
The Vanguard Group, Inc. 2.092%
Norges Bank Investment Management 1.913%
Employees Provident Fund 1.816%
Wijaya Sinar Sdn. Bhd. 1.339%
Dimensional Fund Advisors LP 1.324%
APG Asset Management NV 1.179%
TAN YU WEI 1.055%
Urusharta Jamaah Sdn. Bhd. 0.884%
Wijaya Baiduri Sdn. Bhd. 0.765%
Hong Leong Asset Management Bhd. 0.622%
CHRISTENSON GARY NEAL 0.594%
Maybank Asset Management Sdn. Bhd. 0.504%
LICHOTA ROBERT 0.355%
OOI CHIN HOCK /BUMI/ 0.349%
ABN AMRO Investment Solutions SA 0.341%
SAW CHAI SOON 0.340%
TAN YU YEH /BUMI/ 0.332%

vespa

887 posts

Posted by vespa > 2020-05-31 20:33 | Report Abuse

This is about a month or two late

Posted by investortrader88 > 2020-05-31 21:37 | Report Abuse

@Macgyver11@vespa Tks for sharing guys.

RedEagle

3,194 posts

Posted by RedEagle > 2020-05-31 21:44 | Report Abuse

KUALA LUMPUR: Green Packet Bhd memeterai perjanjian dengan Persekutuan Persatuan Lembaga Pengurus Sekolah Cina Malaysia (Dong Zong) untuk pemasangan alat pengimbas haba KipleLive di 63 Sekolah Jenis Kebangsaan (SJK) Cina di seluruh negara.

Ketua Pegawai Eksekutif KipleLive, Ti Lian Seng, berkata alat pengimbas haba itu membolehkan pentadbir sekolah melakukan pemeriksaan pantas dan melakukan prosedur operasi standard yang diperlukan untuk mengasingkan individu berisiko dengan secepat mungkin.

"Mulai minggu ini, Green Packet akan memasang alat pengimbas haba KipleLive di sekolah yang terletak di Lembah Klang, dan dalam tempoh dua minggu akan datang, alat pengimbas itu akan dipasang sepenuhnya di semua 63 sekolah termasuk yang di Sabah dan Sarawak," katanya dalam satu kenyataan hari ini.

Ti berkata, KipleLive menggunakan teknologi kecerdasan buatan (AI) dan pengecaman wajah, ditambah dengan aplikasi digitalnya.

"Hasilnya adalah penyelesaian yang akan memberi keselesaan kepada semua pihak berkepentingan untuk membuka semula sekolah dengan cara yang paling selamat," katanya.

Pemasangan itu akan membabitkan penyediaan pengimbas pengecam wajah AI di lokasi strategik di perkarangan sekolah untuk mengimbas dan merekodkan bukan saja suhu tetapi kehadiran setiap pelajar, guru, kakitangan pentadbiran atau pelawat.

Setiap individu akan mempunyai Petunjuk Kod Kesihatan digital yang dapat diakses dengan mudah melalui aplikasi untuk pengesanan kontak secara pantas apabila diperlukan.

Selain itu, aplikasi KipleLive itu juga dapat digunakan sebagai saluran komunikasi untuk pelajar, ibu bapa, dan guru, sama ada untuk membuat pengumuman atau dengan individu atau kumpulan tertentu dalam senarai berkenaan.

Sementara itu, Ketua Pegawai Eksekutif Dong Zong Leong Seng Yee, berkata beliau yakin bahawa pelajar dapat kembali ke bilik darjah tidak lama lagi, dengan melaksanakan prosedur operasi standard yang ketat.

"Langkah itu termasuk memasang alat pengimbas haba AI, melakukan nyahkuman di bilik darjah setiap dua jam sekali, mengamalkan penjarakan sosial dan yang lebih penting, bekerjasama dengan Kementerian Pendidikan dan mematuhi semua langkah kesihatan dan keselamatan," katanya. - Bernama

ironman21

22 posts

Posted by ironman21 > 2020-05-31 23:15 | Report Abuse

Cold Eye not in the list already?????

vespa

887 posts

Posted by vespa > 2020-06-01 05:13 | Report Abuse

PVTHSD92 I suppose you should sell

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