"Note (that) BNM had cut the OPR by a total of 125bps year-to-date to 1.75% to complement the equally robust fiscal measures aimed at buffering the economy from the impact of the pandemic. But with growth surprising on the downside and an arduous recovery path ahead notwithstanding, there is room for further monetary easing to support growth in the coming months.
"As such, we now expect one final 25bps cut by BNM as early as in the forthcoming September meeting
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people still havent got the message that huge Debt is fantastic news for Armada...
This counter has big block buyer and they are able to push above certain higher price tomorrow....it could be limit up.... By 30% big funds holding this company....hope for best... Meet your target sell....
Armada has 8.4 bil total liabilites and Yinson has 7.2 bil total liabilties. Why investor keep harping on Armada having high debt? Surely both isn't that far off right?
James is just translating what is stated by analyst into Mandarin.. his blog contains nothing useful, no additional information about BA movement....still waiting for contract award of Armada constructor and installer.....need to wait another 2 positive quarters for it to go back to 0.55..
Posted by boonwei98 > Aug 31, 2020 10:37 PM | Report Abuse Armada has 8.4 bil total liabilites and Yinson has 7.2 bil total liabilties. Why investor keep harping on Armada having high debt? Surely both isn't that far off right? Armada Penny Stock. Yinson Ferrari stk. IBs allways play safe
Maybank insight put target Armada 0.15, its so obvious they want to collect it now. at least put around 0.23 would be logical if they want to push down. 0.15, lol!
maybank clients follow tp 15sen how to get the shares lah. Armada is trading base on future prospect mah. Analyst only follow past QR to write story. Sure some is right and some is wrong lah. TP 15sen let maybank clients wait until cow come home lah. see can get or not?
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....
AnaiAnai
284 posts
Posted by AnaiAnai > 2020-08-31 14:37 | Report Abuse
oh yeah...tomorrow on lah.