Posted by Macgyver11 > 2020-09-04 20:58 | Report Abuse

I'm here not to debate with you.. I'm here to give confident to those stick with BA like me. Some even got 5000 to 8000 lot..not small insignificant shares like you mentioned...dont simply throw your words. Confident and patient is key to success. Happy trading

Posted by armadatuah2017 > 2020-09-04 22:46 |

Post removed.Why?

Posted by JoshuaMS7 > 2020-09-04 22:50 | Report Abuse

us market and oil price crashing getting serious!! BA should back to 0.25 next Monday!!

Posted by armadatuah2017 > 2020-09-04 23:15 | Report Abuse

Us lost 1200 points in 2 days

Posted by JoshuaMS7 > 2020-09-05 04:59 | Report Abuse

oil price plunge another 4%!! Can BA still alive in 39 usd?

Posted by Macgyver11 > 2020-09-05 05:05 | Report Abuse

See Armada 2017 f...k dog barking now...buy a bit but barking a lot...cut loss pergi mampus la.. why shouting shouting you stupid ash.

Posted by Cheo219305 > 2020-09-05 15:23 | Report Abuse

Drop buy ... don’t thinking much ....... will rebound soon.

Posted by PaulChong83 > 2020-09-05 15:33 | Report Abuse

Q2 results will be better than Q1... market gonna have a good shock this time hehe

Posted by NPRA1985 > 2020-09-05 18:01 | Report Abuse

Whats the lowest price that it can drop

Posted by linheng > 2020-09-06 08:36 | Report Abuse

Posted by NPRA1985 > Sep 5, 2020 6:01 PM | Report Abuse
Whats the lowest price that it can drop
Oil drop total 8 to 10%. If BumiA drop 2 to 3 cents I jump in with eyes closed

Posted by JoshuaMS7 > 2020-09-06 13:51 | Report Abuse

0.250!

Posted by Joey23 > 2020-09-06 14:19 | Report Abuse

Waiting to collect more....

Posted by NPRA1985 > 2020-09-06 15:04 | Report Abuse

@linheng 0.26-0.27c will be good price to enter ?

Posted by Mabel > 2020-09-06 17:52 | Report Abuse

Slowly and Surely..

Meow

Posted by sharewiz118 > 2020-09-06 22:25 | Report Abuse

Crude oil price crash and burn !!!

Posted by sharewiz118 > 2020-09-06 22:26 | Report Abuse

TP 0.22 cent

Posted by NPRA1985 > 2020-09-07 01:21 | Report Abuse

Really ?

Posted by johotin88 > 2020-09-07 09:24 | Report Abuse

Seem like decrease of crude oil price got not much effect.

Posted by strattegist > 2020-09-07 09:44 | Report Abuse

sustain

Posted by probability > 2020-09-07 12:41 | Report Abuse

https://klse.i3investor.com/servlets/ptres/56901.jsp

Petronas’ 2Q20 core loss stood at-RM0.7bn (1Q20: +RM8.5bn, 2Q19: +RM14.5bn), brought 1H20 core profit to RM7.8bn (-73% YoY). The weak results were primarily due to lower crude oil prices. 1H20 capex spending of RM14.8bn only constituted 37% of its planned capex target of c.RM40bn in FY20. While Brent crude and LNG prices have recovered from its lows, demand for crude and LNG is still severely impacted by Covid-19. We believe that Brent Crude prices would need to average above USD55 for at least 1 year in order for Petronas to revert to its pre -Covid-19 capex spending level of about c.RM50bn.

Reiterate NEUTRAL view on the sector, our top pick for the sector is Armada (BUY; TP: RM0.60) as its FPSO earnings are expected to remain strong, while its current valuations are still undemanding. We are keeping our average oil prices forecast unchanged at USD44/bbl in 2020.

Posted by moneycome123456 > 2020-09-07 14:49 | Report Abuse

BUY; TP: RM0.60, Good..

Posted by Joe > 2020-09-07 16:08 | Report Abuse

They might bring it down to 0.24...previous....prerior to quarterly results

Posted by armadatuah2017 > 2020-09-07 17:42 | Report Abuse

crude oil price now determines the market sentiments in oil and gas related whether jt is is direct or indirect

Posted by humongainz > 2020-09-07 21:06 | Report Abuse

Target price: 0.2
Don't say unker nvr tell u. run before shit hits the fan. kthxbye.

Posted by yukchian > 2020-09-08 09:23 | Report Abuse

humongainz, please sell your armada 0.25 to me... thank you

Posted by humongainz > 2020-09-08 14:08 | Report Abuse

why sell 0.25 when people willing to pay higher

Posted by armadatuah2017 > 2020-09-08 16:37 | Report Abuse

hmmm...every day drop 0.005 also will jialat leh.

Posted by JoshuaMS7 > 2020-09-08 16:38 | Report Abuse

Run!

Posted by JoshuaMS7 > 2020-09-08 19:17 | Report Abuse

walao oil price crashing -5% to 37usd, anyone knows what happen?

Posted by sharewiz118 > 2020-09-08 21:19 | Report Abuse

Brent Crude Oil
USD 40.22 -4.02% sudah mampus lor

Posted by sharewiz118 > 2020-09-08 21:19 | Report Abuse

Run Run Run

Posted by AnaiAnai > 2020-09-08 21:19 | Report Abuse

yah gah

Posted by sharewiz118 > 2020-09-08 21:39 | Report Abuse

Dow Jones Industrial Average
INDEXDJX: .DJI
27,685.75 −447.56 (1.59%)

Posted by JoshuaMS7 > 2020-09-08 22:20 | Report Abuse

tomoro might free fall to 0.200??

Posted by AnaiAnai > 2020-09-08 22:25 | Report Abuse

yah gah

Posted by Roroho00 > 2020-09-08 22:35 | Report Abuse

Brent 39.77 now

Posted by JoshuaMS7 > 2020-09-08 23:10 | Report Abuse

Brent 39.31 now

Posted by noobbasedinvestor > 2020-09-08 23:17 | Report Abuse

Free fall gg

Posted by Loh Kok Wai W > 2020-09-09 07:34 | Report Abuse

another blood market.........

Posted by CHLEONG888 > 2020-09-09 07:45 | Report Abuse

shit, non stop dropping, quite risky, already dropped below 40.00

Posted by JoshuaMS7 > 2020-09-09 08:09 | Report Abuse

Yaya very risky to hold Armada now.. Faster cut loss

Posted by sheep > 2020-09-09 09:08 | Report Abuse

no worries start buying at 0.23...wakaka..

Posted by strattegist > 2020-09-09 10:18 |

Post removed.Why?

Posted by sharewiz118 > 2020-09-09 11:47 | Report Abuse

Hahahhahahhahaha queue at RM 0.22 cent

Posted by strattegist > 2020-09-09 12:01 | Report Abuse

soft

Posted by tkl88 > 2020-09-09 13:18 | Report Abuse

Yes, oil price almost turn green...

Posted by strattegist > 2020-09-09 15:12 | Report Abuse

weak

Posted by tkl88 > 2020-09-09 16:15 | Report Abuse

Wow, Amazing !
Oil price already turn green and spike up like mad !

As at 4.15pm,
Nymex at => $37.52 (+0.76) (+2.07 %) !
Brent at => $46.17 (+0.62) (+1.56 %) !

Posted by strattegist > 2020-09-09 16:41 |

Post removed.Why?

Posted by tkl88 > 2020-09-09 17:30 | Report Abuse

BNM seen making final 25bps OPR cut as early as September — DBS
Chong Jin Hun / theedgemarkets.com
August 31, 2020 13:15 pm +08

https://www.theedgemarkets.com/article/bnm-seen-making-final-25bps-opr-cut-early-september-%E2%80%94-dbs

KUALA LUMPUR (Aug 31): Bank Negara Malaysia (BNM) is expected to make one final 25 basis point (bps) cut in the Overnight Policy Rate (OPR) as early as in the central bank’s next Monetary Policy Committee (MPC) meeting on Sept 10, 2020 in anticipation of an arduous economic recovery path ahead, DBS Group said today.

DBS senior economist Irvin Seah and strategist Duncan Tan wrote in a note that there is room for further monetary easing to support economic growth in the coming months.

"Onshore IRS (interest rate swap) markets are pricing ~70-80% chance for one last BNM rate cut (25bps) of this easing cycle, either to occur at the Sept 10 or Nov 3 meeting. This would mean BNM hitting our estimate of the policy lower bound of 1.5%, by the end of the year.

"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, to better align the risks in both inflation and growth,” Seah and Tan said.

According to them, Malaysia’s real gross domestic product (GDP) growth contracted by a sharp 17.1% in the second quarter of 2020 (2Q20) from a year earlier. In quarterly terms, they said 2Q20 GDP dropped 51.3% from 1Q20.

They said beyond the direct impact of the Covid-19 pandemic on the health front and strong external headwinds resulting from a slump in global demand, the implementation of Malaysia's Movement Control Order (MCO) to curb the spread of the pandemic is the main factor behind the 2Q20 growth downturn.

"The downside surprise in 2Q GDP growth has significantly lowered the growth trajectory for the full year. The anticipated turnaround in the third and fourth quarter may not be enough to offset the sharp second quarter decline.

"Headline GDP growth will remain stuck in negative territory for the rest of the year. We have thus lowered our 2020 full year GDP growth forecast to -5.5%, which is at the lower end of the official forecast range of -5.5% to - 3.5%, and the lowest since the Asian Financial Crisis, (during) which the economy contracted by 7.4% in 1998. However, with the low base this year and the global recovery that is currently underway, albeit slowly, we see (Malaysia’s) GDP growth rebounding to 6.0% in 2021,” they said.

Malaysia’s disinflationary pressure is seen building up and the nation’s negative output gap is seen widening amid recessionary economic conditions. Seah and Tan said today even though inflation, as measured by the consumer price index (CPI), has recovered to -1.3% in July, the headline number is expected to remain stuck in negative level for the rest of 2020.

Full year (2020) inflation is projected to average -1.1% before rebounding to 1.8% in 2021, they said.

Malaysia's MCO, which was initially scheduled between March 18 and 31, 2020, requires non-essential businesses to stop operations, while the public was ordered to stay at home to curb the Covid-19 outbreak.

On March 25, Prime Minister Tan Sri Muhyiddin Yassin said the government decided to extend the MCO until April 14, because updates from the National Security Council and the Health Ministry indicated an increase in Covid-19 cases.

On April 10, Muhyiddin said the government was extending the MCO until April 28.

On April 23, Muhyiddin said the MCO would be extended for another two weeks until May 12.

On May 4, news reports, quoting Senior Minister (Security Cluster) Datuk Seri Ismail Sabri Yaakob, indicated that regulations under phase four of the MCO were null and void with the commencement of the conditional movement control order (CMCO) or phase five of the MCO.

On May 10, Muhyiddin said the CMCO would be extended to June 9.

On June 7, Muhyiddin said the CMCO scheduled to expire on June 9 will be replaced with the recovery movement control order (RMCO) beginning June 10 until today.

On Friday (Aug 28), news reports quoting Muhyiddin, reported that the RMCO has been extended until Dec 31, 2020.