Posted by tkl88 > 2020-09-03 07:32 | Report Abuse

Walaoeh, Dow Jones spike up 500 points,
Super bull is coming !

Dow Jones closed at=>
29,100.50 +454.84 (+1.59 %) !

Posted by fusionlink20 > 2020-09-03 08:11 | Report Abuse

Can buy in this morning?

Posted by CHLEONG888 > 2020-09-03 08:13 | Report Abuse

sure or not tk188, you only highlight good one, what about Brent crude oil pricing, increased?????

Posted by tkl88 > 2020-09-03 08:20 | Report Abuse

CHLEONG888, of coz sure lah...
Later our index break above 2,000 points ,
then don’t say I didn’t inform you ah !

So, for those who still didn’t own any stock,
please faster Sailang any potential stock
in order to have your early retirement ya !

Huat ah ! Heng ah ! Ong ah !

Posted by alvin0255 > 2020-09-03 08:42 | Report Abuse

If it breaks 35cents later, U can’t chase anymore!
it will fly to 50cents very soon.

Posted by LeslieGoh > 2020-09-03 09:03 | Report Abuse

Buy Armada 500 lots at 0 30

Posted by strattegist > 2020-09-03 09:35 |

Post removed.Why?

Posted by alvin0255 > 2020-09-03 10:40 | Report Abuse

Dead ni mama la.

Posted by KAQ4468 > 2020-09-03 11:03 | Report Abuse

pewwwiittttt

Posted by strattegist > 2020-09-03 12:02 | Report Abuse

absorber still intact...

Posted by MM78 > 2020-09-03 12:02 | Report Abuse

Armada operations has turned for the better after the new CEO came onboard. He seems to have kicked some arses within the team instead of lethargic management by his predecessor.
Armada has certainly turned the corner after FPSO Kraken's operations stablisied and contribute to the bottom line.
Its operation cash flow is positive and able to meet the short term laibility requirment , so its debt is not a major concern.
Trust with next 1 or 2 quarters good results and no or little impairment , we can expect the stock price would be flying.

Posted by Robert Waters > 2020-09-03 14:18 | Report Abuse

Same story but different names.
I was not supposed to be the only one left here, but such things happen.

Posted by moneycome123456 > 2020-09-03 15:08 | Report Abuse

why many counter red?

Posted by strattegist > 2020-09-03 15:13 | Report Abuse

overall market easing... weak

Posted by sheep > 2020-09-03 15:24 | Report Abuse

thank you... went two rounds. profit small small... can eat kfc duran balls three rounds....wakakaka

Posted by xuxu > 2020-09-03 15:39 | Report Abuse

yesterday wanted to buy but didnt, otherwise cut again

Posted by Joe > 2020-09-03 16:09 | Report Abuse

It might get back to 0.24 prior financial results

Posted by Joe > 2020-09-03 16:10 | Report Abuse

Maybe can sell 50% first, Buy back later

Posted by rizerlee > 2020-09-03 16:28 | Report Abuse

How many people jump in and burnt ?

Posted by moneycome123456 > 2020-09-03 16:42 | Report Abuse

dun worry, market will Rebound

Posted by Superb99 > 2020-09-03 16:57 | Report Abuse

Weak closing, yesterday people dumped crazily at 0.305, gap down this morning, may continue to drop tomorrow, standby ur bullets to top up or cut loss

Posted by probability > 2020-09-03 17:09 | Report Abuse

oil price drop is a precious opportunity to accumulate...

since only the uninformed would sell

Posted by armadatuah2017 > 2020-09-03 17:28 | Report Abuse

only fools will cut loss when down a bit and top.up when up..when are you going to make money...

Posted by armadatuah2017 > 2020-09-03 17:28 | Report Abuse

how many percents it had already gone up since Mar.

Posted by armadatuah2017 > 2020-09-03 17:29 | Report Abuse

0.305 people.throw, not hard to know it's contra players arent it?

Posted by armadatuah2017 > 2020-09-03 17:29 | Report Abuse

today selling still profitable for contra players

Posted by probability > 2020-09-03 19:27 | Report Abuse

FPSO MARKET IS EXPECTED TO GROW AT A ROBUST RATE OF 11.80%

September 2, 2020

https://primefeed.in/news/4896744/fpso-market-is-expected-to-grow-at-
a-robust-rate-of-11-80/


The global floating production storage and offloading FPSO market is competitive and segmented. Transparency Market Research Market (TMR) report states that there are a few major players in the industry who are relentlessly developing new and innovative designs to penetrate the global market during the forecast period. These prominent players are focused on introducing new strategies like collaborations and partnerships to provide new in the global market.

Some of the prominent players operating in the global FPSO vessel market include MODEC, Inc., BW Offshore, BUMI ARMADA BERHAD, Blue Water Energy Services, and SBM Offshore N.V.

Growing demand for alternative sources of oil due to continual depletion of existing oil reserves drives the global FPSO market. The global FPSO market is expected to grow at a robust rate of 11.80% during the forecast period 2016 to 2026. Additionally, the revenue in the global FPSO market is projected to reach up to US$8.30 bn by the end of 2026.

Posted by probability > 2020-09-03 19:38 | Report Abuse

valid point there ageetkumar

Posted by ageetkumar > Sep 2, 2020 3:27 PM | Report Abuse

Armada has around 25 Offshore vessels and a couple of pipe lay / construction vessel. The brand new cost of each OSV is around USD 15 mil. Take 100 mil for 2 construction vsls. That will make around USD 700mil of MYR 2.8 Bn as new. Armad has in the last last couple of years declared impairment in excess on MYR 2 Bn. So these assets should be sitting in their books at close to scrap or zero value. I can't see how they can have any further impairments unless some kind of accounting gimmick / fraud is at play here

Posted by Wind > 2020-09-03 19:52 | Report Abuse

0.3 Target Price met.

Posted by armadatuah2017 > 2020-09-03 19:56 | Report Abuse

tomorrow basked in Red. omfg...crude goes down again to below 44....sentiments will be bad for market tomorrow regardless the effect on BA

Posted by dniap > 2020-09-03 20:02 | Report Abuse

This is not a goreng account. So it's ok to hold as they are the best performer in their industry during this challenging time.

Posted by probability > 2020-09-03 20:23 | Report Abuse

Brent was trading below $30/brl in April - June qtr.....even hitting below $20/brl!....and yet BA delivered excellent performance.

This stock no longer has any link with oil price......except those clueless speculators who got in linking to it...

These are sustainable earnings unlike any other stock you can find in Bursa under Covid pandemic......

could very well be the cheapest stock in bursa in terms of Cash flow vs Market cap

never ever let go
.................

Posted by JoshuaMS7 > 2020-09-04 07:35 | Report Abuse

0.250!!

Posted by Cheo219305 > 2020-09-04 08:43 | Report Abuse

0.27 can buy ?

Posted by Superb99 > 2020-09-04 09:36 | Report Abuse

good result but play like penny counter...lol

Posted by probability > 2020-09-04 10:53 | Report Abuse

dont wait till it turns green...

Posted by probability > 2020-09-04 11:39 |

Post removed.Why?

Posted by Macgyver11 > 2020-09-04 12:12 | Report Abuse

Turun skt dah kecoh..apa la you org ni.

Posted by armadatuah2017 > 2020-09-04 13:06 | Report Abuse

Sikit to you because you’re holding small insignificant shares.. down 0.15 plus yesterday 0.25 is darn a lot....

Posted by reborn23 > 2020-09-04 14:23 | Report Abuse

BA doing very well for a Friday where most counters are in the red. Strong chance come next Monday or Tuesday it will reach 35sen

Posted by strattegist > 2020-09-04 14:52 | Report Abuse

on the mend...

Posted by HuatlaiOnglai > 2020-09-04 15:44 | Report Abuse

Wonder why oil price keep dropping? Its not a god sign for BA as most enduser will need to revise the contract should the price continue to drop. They have learned from 2015 price crash. hmmmmm

Posted by Macgyver11 > 2020-09-04 15:49 | Report Abuse

Armada2017 how much shares you hold 2millions...sdh le jgn merepek.

Posted by iamismail > 2020-09-04 16:51 | Report Abuse

switch to XINHWA

Posted by Superb99 > 2020-09-04 18:06 | Report Abuse

strong rebound....nice............!

Posted by TunPika > 2020-09-04 18:22 | Report Abuse

Monday fly

Posted by armadatuah2017 > 2020-09-04 18:30 | Report Abuse

macgy, people like you, only bark for nothing..

Posted by armadatuah2017 > 2020-09-04 18:30 |

Post removed.Why?

Posted by armadatuah2017 > 2020-09-04 19:03 | Report Abuse

today is unexpectedly closing green with bad market sentiments during the start of trading...it looks like.BA is going to ride slowly with the tides

Posted by Macgyver11 > 2020-09-04 20:41 | Report Abuse

I'm not barking like you talk nonsense. If scared s lot then disposed go to other counter la...you sja boleh beli bnyk ke org lain tak ada duit ka. I'm also holding a lot but not like you barking up and down. Now saying good unexpectedly closing green...pee la. I'm confident with BA not like you...merepek.