For those who have been holding since last year should know the best....never trust these IBs. Better to study about the company and believe in your own research and TP.
With a continuous reduction on 8 billion debt interest rate, Armada would effectively become like a commercial bank who makes net interest margin (NIM) between central bank and investors.....but Armada between commercial bank and Order book of 17 billion
More i dwell, the more its becoming clear what a wonderful bet Armada is with explosive return!
@stockraider Actually armada should be as valuable as Yinson bcos ....armada has much established & bigger FPSO business than yinson loh...!! 28/08/2020 7:56 PM
Absolutely stockraider..
I solve this problem oledi. I also bought Yinson from my Armada profits..
Now I have two big FPSO Companies under my O&G collection..
Armada Kraken FPSO got a storage capacity of only 600,000 barrels. Anasuria FTSO anchor at the same area (North of Scotland) got a capacity of 800,000 barrels. If this single FPSO can earn so much, I wonder the effect on Hibiscus next Q
Look how the AmInvest analyst change his target price from $0.10 to $0.47 ie 470% increase in 4 mths. Guess we better start buying Velesto energy, Hibiscus and Sapura Energy too
Bumi Armada - Risks remain despite Armada Sterling charter extension Author: AmInvest | Publish date: Thu, 16 Apr 2020, 8:48 AM We maintain SELL on Bumi Armada with an unchanged fair value of RM0.10/share, based on a 30% discount to its 5-year PBV of 0.26x, which implies an FY21F PE of 10x.
Bumi Armada - Kraken steadies the ship Date: 28/08/2020 Source : AmInvest Stock : ARMADA Price Target : 0.47 | Price Call : BUY Last Price : 0.27 | Upside/Downside : +0.20 (74.07%)
Maybank analyst pretend do not see future is bright. later next QR they will adjust the price lah. They scare price up too much their clients unable to buy cheap price mah. Understandable lah.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
CKT1818
331 posts
Posted by CKT1818 > 2020-08-28 17:13 | Report Abuse
HUAT! HUAT! HUAT! ONG! ONG! ONG!