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

mf

29,029 posts

Posted by mf > 2020-06-01 05:17 | Report Abuse

Massive U.S. Protests Raise Fears of New Virus Outbreaks
THE ASSOCIATED PRESS (KELLI KENNEDY, DANICA KIRKA and PABLO GORONDI)
31 May 2020, 13:57 GMT+8
Updated on 1 June 2020, 04:33 GMT+8

eyeonyou

100 posts

Posted by eyeonyou > 2020-06-01 09:02 | Report Abuse

"Between low demand, soaring inventories, depressed prices, a global pandemic, and now, hurricane season, it seems a perfect storm is forming around the offshore oil industry. The world's offshore oil market, responsible for 30 percent of all the world's oil production"

Jaya Prem

539 posts

Posted by Jaya Prem > 2020-06-01 09:43 | Report Abuse

@Mabel .. Thank you so much for all your feedback and information. You're really helpful to newbies like me. Thanks again.

Hidup_PN

571 posts

Posted by Hidup_PN > 2020-06-01 12:18 | Report Abuse

22 sen so many people no see QR?

Hidup_PN

571 posts

Posted by Hidup_PN > 2020-06-01 12:33 | Report Abuse

Icon 12.5 sen why nobody there?

mosame

20 posts

Posted by mosame > 2020-06-01 16:10 | Report Abuse

armada start the train

Jabami

71 posts

Posted by Jabami > 2020-06-01 16:14 | Report Abuse

those quickly sell this morning sure regret. the ship starts sailing

Posted by armadatuah2017 > 2020-06-01 16:20 | Report Abuse

BA real investors are smart and greedy. Won’t settle for peanuts

bullrun1985

1,271 posts

Posted by bullrun1985 > 2020-06-01 16:53 | Report Abuse

@rj87, pls all in armada

Posted by armadatuah2017 > 2020-06-01 16:59 |

Post removed.Why?

Posted by T800Terminator > 2020-06-01 19:32 | Report Abuse

MIDF stick few lorry? Why set price target high to the sky? The rest IB set at ave 0.23.

Posted by T800Terminator > 2020-06-01 19:33 | Report Abuse

*stucked

bullrun1985

1,271 posts

Posted by bullrun1985 > 2020-06-01 19:45 | Report Abuse

@2017, he may borrow ah long to all in

nicky

3,351 posts

Posted by nicky > 2020-06-01 20:19 | Report Abuse

RM0.10 vs RM0.56 ... who to believe ?

Posted by smarturban > 2020-06-01 22:09 | Report Abuse

good sign today. looking great.

itch

1,178 posts

Posted by itch > 2020-06-01 23:25 | Report Abuse

Believe ourself...

Posted by Happy_lucky > 2020-06-02 07:45 | Report Abuse

Can try hengyuan 4324 .Hengyuan now is better than other o n g company ,because that only focus on the refining . The profit depends on crack spread, when the crude oil price decrease ,the cost will decrease and increase the crack spread profit but demand will decrease and the sale of volume also decrease. When the crude oil price increase, crack spread will be narrow but the demand will increase, demand increase and the sales of volume will increase , so overall increase the profit. History will come back from Rm2 to RM19. Super undervalue. Can limit up due to only 300 millions share.

Posted by Muhammad Jamaluddin > 2020-06-02 09:55 | Report Abuse

kapal sudah mau pergi ke koordinat 0.30

Shawn Aw

12 posts

Posted by Shawn Aw > 2020-06-02 09:56 | Report Abuse

wow.. engine start now ..

Jabami

71 posts

Posted by Jabami > 2020-06-02 09:57 | Report Abuse

OPEC+ is set to bring forward its meeting to Thursday, with a short extension of the current production cuts as the most likely outcome.

Posted by armadatuah2017 > 2020-06-02 10:42 | Report Abuse

no catalyst to boost it up...armada nevers shoot up...it takes time to offload passengers and board new passengers

Posted by Muhammad Jamaluddin > 2020-06-02 11:13 | Report Abuse

Watch this from The Edge https://youtu.be/O3GIdAoEpog

LeslieGoh

1,410 posts

Posted by LeslieGoh > 2020-06-02 12:21 | Report Abuse

Armada Armada Armada

Posted by Muhammad Jamaluddin > 2020-06-02 16:14 | Report Abuse

Bumi mengganas.. not because of earth quake.. but because of oil price..... hahahah come on ARMADA...

Posted by Muhammad Jamaluddin > 2020-06-02 16:14 | Report Abuse

The Edge https://youtu.be/O3GIdAoEpog hope you're right...

foo

168 posts

Posted by foo > 2020-06-02 16:19 | Report Abuse

Armada can go far without Syed Saddiq
PUTRAJAYA (June 2): Armada can go far even without the founder of the Parti Pribumi Bersatu Malaysia (Bersatu)’s youth wing, Syed Saddiq Syed Abdul Rahman, said Deputy Youth and Sports Minister Wan Ahmad Fayshal Wan Ahmad Kamal.
However, Wan Ahmad Fayhsal, who is among the contenders for the post of Armada head in the coming party elections, said there was no denying Syed Saddiq’s contributions which included founding Armada, but added that the party’s struggles were bigger.
Wan Ahmad Fayhsal, who is also Titiwangsa Bersatu information chief, said Syed Saddiq’s membership and that of four other individuals were automatically nullified when they contravened Clauses 10.2.2 and 10.2.3 of the party constitution and not because they were sacked.
Clause 10.2.2 of the party constitution states that the party membership terminates when a member declares he is leaving the party, while Clause 10.2.3 states that the membership is terminated when the member participates or becomes a member of another party.
He said among the actions which contravene the party constitution was sitting in the opposition bloc in Parliament recently and several incidents before that which reflect that they were not in agreement with the direction and policies set by the Supreme Council to be with Perikatan Nasional (PN) as the legitimate government of the day.
“No matter how big the personality is or how much they have contributed to the party, the policies and philosophy of the party are bigger and the yardstick for the party’s future,” he said in a press conference here today.
Wan Ahmad Fayhsal, who was Syed Saddiq’s former special officer, said he was sad over Syed Saddiq’s choice not to stand with the party’s direction and considered it a big loss because of the talents of the young leader.

Posted by armadatuah2017 > 2020-06-02 16:37 | Report Abuse

Foo, dont be a fool la. The news is non related.. oh my god..dont u know that the system automatically link the news to klse counters based on name..

Posted by armadatuah2017 > 2020-06-02 16:40 | Report Abuse

I don’t think because of oil price that moves BA. im sure the investors now start to carefully read and understand the QR...BA is on 6 Qrs consecutive operational profits.... those non cash impairment had no actual impact on BA. and we should feel glad when AMINVEST plays down BA. It aleays moved in opposite direction

Posted by armadatuah2017 > 2020-06-02 16:50 | Report Abuse

Fabulous day!!!!!

TAK1

1,458 posts

Posted by TAK1 > 2020-06-02 16:59 | Report Abuse

New york burns stock rise good omen.

Jabami

71 posts

Posted by Jabami > 2020-06-02 17:12 | Report Abuse

Brent crude approaching US40!!

Mabel

24,087 posts

Posted by Mabel > 2020-06-02 17:19 | Report Abuse

Meow Meow Meow

mf

29,029 posts

Posted by mf > 2020-06-02 17:25 | Report Abuse

Trump And Putin Discuss The Future Of The Oil Market
By Julianne Geiger - Jun 01, 2020, 6:30 PM CDT

Newbieinshare

2,117 posts

Posted by Newbieinshare > 2020-06-02 18:01 | Report Abuse

Aiyoo collect too little at 0.21
Was waiting at 0.2 but never come

Posted by investortrader88 > 2020-06-02 18:18 | Report Abuse

WTI CRUDE
36.33 
+2.51%


BRENT CRUDE
39.27
 +2.48%

stncws

10,704 posts

Posted by stncws > 2020-06-02 18:27 | Report Abuse

See tonite oil clsoing.

40

mf

29,029 posts

Posted by mf > 2020-06-02 19:10 | Report Abuse

Oil prices rise before Opec+ meeting about extending output cuts
Noah Browning
/
Reuters

June 02, 2020 17:44 pm +08

Posted by investortrader88 > 2020-06-02 19:41 | Report Abuse

The next OPEC+ meeting, initially scheduled for June 9-10, could take place earlier than expected according to a Reuters report that cites a letter from the OPEC president of Algeria to the members of the wider producer group.

In the letter, Algeria proposes that the meeting be held this week, on Thursday, so that Saudi Arabia, Kuwait, and Iraq can make their export nominations after the producers’ club decides on the future of production cuts.

Nominations is what Saudi Arabia, Iraq, and Kuwait call their export allocations to long-term clients, which are based on oil demand, Reuters explains, adding they normally take place on the tenth of every month.


A further report citing unnamed sources said Russia did not mind moving the meeting to this week and suggested this might mean Moscow would also agree to extending the current production cuts of 9.7 million bpd beyond the end-June expiry. Of course, nothing is certain and will not be certain until the meeting starts as some Russian oil companies, notably Rosneft, are finding it hard to maintain the current production cuts.
Related: Oil Prices Stabilize On Rumors Of An OPEC+ Extension

There is talk, however, that the cuts may be extended by another month or two. An unnamed source told Energy Intelligence that "OPEC-plus could meet on Jun. 4 to decide on a market management policy that might extend the current production cut pact by up to two months."’

According to the original agreement reached earlier this year, OPEC+ was to cut 9.7 million bpd in combined production for two months—May and June—and then ease this to 7.7 million bpd, to stay in effect until the end of the year. Then, from January 2021, the production cuts would be further eased to 5.8 million bpd, to remain in effect until end-April 2022.


Meanwhile, however, OPEC is again falling short of its compliance quotas, with compliance rates for May—the first month of cuts—at just 74 percent. The actual cuts in may were only 5.91 million bpd down from April, with Nigeria and Iraq lagging behind others.

By Irina Slav for Oilprice.com

James Ng

2,704 posts

Posted by James Ng > 2020-06-02 21:24 | Report Abuse

https://klse.i3investor.com/blogs/general/2020-06-02-story-h1507978905.jsp
[转贴] [Facebook live video:浅谈Bumi Armada bhd (Armada)] - James的股票投资James Share Investing

SuperPanda

11,431 posts

Posted by SuperPanda > 2020-06-02 23:03 | Report Abuse

when bad news comes (loss result) and the stock is trending up, that means market already absorb the worst,

i expect it would drop to below 20 but somehow oil
price rallly back, lucky for armada not lucky for me

but i had picked serbadk-wa at .26 and uzma at .60 and hibscs wc/mother yday, that would be enough for me

mf

29,029 posts

Posted by mf > 2020-06-03 00:08 | Report Abuse

Crude Oil Higher; OPEC+ Meeting Eyed

mf

29,029 posts

Posted by mf > 2020-06-03 02:37 |

Post removed.Why?

mf

29,029 posts

Posted by mf > 2020-06-03 05:00 | Report Abuse

Surprise Crude Draw Sends Oil Prices Soaring

mf

29,029 posts

Posted by mf > 2020-06-03 07:00 |

Post removed.Why?

hadek tam

415 posts

Posted by hadek tam > 2020-06-03 07:42 | Report Abuse

will hit 30sen soon....

Jabami

71 posts

Posted by Jabami > 2020-06-03 08:24 | Report Abuse

China approves $20 billion mega petrochem project. In an effort at infrastructure stimulus, China is reviving a $20 billion petrochemical project in Shandong province. “The 400,000 barrel-per-day (bpd) refinery and 3 million tonne-per-year ethylene plant in Yantai, Shandong, the country’s hub for independent oil refineries, was proposed years ago but approval has been slowing in coming because of China’s struggle with excess refining capacity,” Reuters reported.

Posted by investortrader88 > 2020-06-03 08:44 | Report Abuse

good morning guys.big players now might switch to o& g & health stocks as many of them kena margin as banks tighten margin finance .hold yr armada shares tight !



https://www.theedgemarkets.com/article/brokerage-houses-tighten-margin-financing-glove-makers-stocks-amid-trading-madness

SuperPanda

11,431 posts

Posted by SuperPanda > 2020-06-03 08:45 | Report Abuse

any retracement is a chance to accumulate, if plan to buy high, grab only some of it and ready to buy back lower

Silent75

94 posts

Posted by Silent75 > 2020-06-03 08:49 | Report Abuse

Maybe jump start

mf

29,029 posts

Posted by mf > 2020-06-03 08:50 | Report Abuse

$40 Oil In Sight As OPEC+ Considers Extension

PUBLISHED 6 HOURS AGO

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