Posted by strattegist > 2020-10-16 16:06 |

Post removed.Why?

Posted by RJ87 > 2020-10-16 16:26 | Report Abuse

this is a zero sum game...Maybank IB buys heavy on Yinson. If FM comes looking for counters to buy from this sector; ofcos he is gonna say Yinson awesome and Armada lousy.

No need read what IB analyst say la...u take in the facts, we find out what they trying to hide.
Given risk and reward; I personally find armada offer better risk reward than yinson.

Yinson wanna give 300% return. Impossible.
Aramda wanna give 300% return. Sap sap sui. PE 10 on, EPS8 per annum (maintain EPS 2sen per quarter for the rest of 2021. Don't screw up for 1 year. DONE.

Go ask Maybank analyst what does it cost for Yinson to give 300% return?
Maybank analyst will say Armada earnings enough to cover finance cost or not? I can also throwback Yinson's debt isn't low. Maybank will say Yinson's collateralized assets are paying itself. I will say Armada's current high idling assets can also maintain 2sen eps. If can increase idle asset utilization, eps go up to 3-4sen?

Posted by strattegist > 2020-10-16 17:29 |

Post removed.Why?

Posted by AnaiAnai > 2020-10-19 08:52 | Report Abuse

uhuk uhuk. another week nearer to Nov QR date. can green today?

Posted by TunPika > 2020-10-19 13:15 | Report Abuse

Showtime

Posted by Lukesharewalker > 2020-10-19 15:33 | Report Abuse

Readied to break out

Posted by strattegist > 2020-10-19 17:24 |

Post removed.Why?

Posted by Mabel > 2020-10-19 21:36 | Report Abuse

Maintain NEUTRAL. Based on the aforementioned points raised, we do not foresee Petronas elevating its upstream capex in the next 6-months. The prospects for upstream services players are still negative. However, most upstream services names have already went through a sizable decline in its share price. The share price of upstream services players like Dayang, Velesto, MMHE are expected to stay muted in the near-term and have fallen within our hold call thresholds.

Our top picks are Bumi Armada (TP: RM0.60, BUY) for its strong FPSO earnings and relative insulation from the volatility in oil prices and Serba (TP: RM2.50; BUY) for its strong recurring income from its O&M segment and large current orderbook backlog of RM18.5bn. We also like PCHEM (TP:RM6.50; BUY) as Petrochemical ASPs have increased due to delays and deferrals of impending petrochemical plant additions and improved demand of plas tics from the healthcare sector.

Source: Hong Leong Investment Bank Research - 14 Oct 2020

Posted by strattegist > 2020-10-20 12:12 |

Post removed.Why?

Posted by AnaiAnai > 2020-10-20 14:31 | Report Abuse

uhuk uhuk. stable.

Posted by strattegist > 2020-10-20 17:29 |

Post removed.Why?

Posted by AnaiAnai > 2020-10-20 23:03 | Report Abuse

uhuk uhuk. good news. good news. tomolo then tell you all the good news.

Posted by AnaiAnai > 2020-10-21 09:03 | Report Abuse

uhuk.uhuk. the good news is brent price above 43 again. today start with green. what a wonderful day ahead of us.

Posted by strattegist > 2020-10-21 11:52 |

Post removed.Why?

Posted by AnaiAnai > 2020-10-21 17:14 | Report Abuse

uhuk uhuk. bursa red. supertanker sinking.

Posted by strattegist > 2020-10-21 17:17 |

Post removed.Why?

Posted by Mabel > 2020-10-22 09:46 | Report Abuse

Oil & Gas - Biden Win May be Negative for Oil
Author: HLInvest | Publish date: Wed, 14 Oct 2020, 9:57 AM

We foresee crude oil prices trading sideways with downside bias towards the end of CY20 due to (i) higher crude oil production from Libya, (ii) reduced China demand, (iii) resurgence of Covid-19 cases globally and (iv) resolution of Norway’s labour union strike. This will be partially mitigated by OPEC’s commitment to support oil prices in the event of further price weaknesses. We also opine that a Biden victory would be negative for oil prices due to his commitment to reduce carbon emissions. We revise our 4Q20 Brent oil price forecast from USD50/bbl to USD42/bbl while cutting our CY21 Brent oil forecast from USD55/bbl to USD50/bbl. Maintain NEUTRAL on the sector as we believe that the prospects for the O&G sector is not bright yet at this juncture despite the recent price weaknesses. Our top picks for the sector are Bumi Armada (TP: RM0.60; BUY) for upstream and PCHEM (TP: RM6.50; BUY) for downstream.

Source: Hong Leong Investment Bank Research - 14 Oct 2020

Posted by Mabel > 2020-10-22 09:46 | Report Abuse

Love him or hate him, I really doubt that Trump will lose. A couple of months ago, I was sceptical of his chances, but I think his chances of being re-elected have gone up considerably with the COVID-19 pandemic. This may sound counterintuitive since the US economy was doing much better before the pandemic.

Clinton won in 1992 by promising to fix the broken economy after a recession. Bush won in 2000 by saying he would bring family values back to the white house. Obama won by promising to fix the economy and end the wars in the middle east, and by offering hope to a nation that was beginning to lose it. Whether or not you like these presidents and their platforms, you have to admit that they worked.

Fast forward to 2016. Trump won by promising to kick immigrants out of the country and to expand the manufacturing sector. Trump won by making people angry, by rousing the kind of nationalistic fervour that has not been seen in America in decades.

His platform worked even when the overall economy was doing well and unemployment rate was under 5% because many people (especially, in the mid-west), felt that they were being left behind.

Now, if the economy was doing very well, Trump would have a harder time convincing his base to be angry. Yes, he would have gained some support among moderates but that would be a small number. Most people who don’t support Trump, would not vote for him even anyway. Moreover, Trump’s base is actually very small, much smaller than other recent presidents, and he needs every one of them to be angry to win.

With the economy now in shambles, Trump’s job will be easy. When 25M Americans are unemployed, Trump’s message about foreigners stealing jobs from Americans will be much more powerful. When the stores are running out of basic supplies, Trump’s call to expand the manufacturing sector will be cheered even more by his base. When the corn and soya plantation surge to new high, they impose ridiculous ban on our palm oil to help his farmer voters.

When countries which did a competent job in controlling the pandemic start to move ahead of the US, Trump’s call for nationalism will be met with more fervour by his supporters. I think Trump has begun to realize this. He’s started attacking China for this very reason and I think that we’ll hear a lot more of this until the election. Democrats can’t defend China in this. And they can’t attack China without making it sound like Trump was right all along about China. They are stuck between a rock and a hard place on this issue.

In reality, less than 50% of the American population go to vote for the Presidency. If Trump can get 26% of the population to believe him, he's going to win again. That looks quite easy considering nearly everyone in the farm & rural states will support him.

There are some interesting things going on. Almost the entire mainstream media in the US is AGAINST Donald Trump. The almost daily polls they are running are terribly skewed and show Biden leading Trump by light years. However, the situation on the ground shows something else. Granted there is a virus pandemic, social distancing rules and these are indoor rallies but there really are no crowds. Even his outdoor rallies attract 8 people, 30 cars and so on. One hack says in the past week or so Biden's rallies have attracted a grand total of 84 people.

In sharp contrast here is Donald Trump at a rally in Florida just yesterday. Despite the corona virus and social distancing over 40,000 people turned up to hear the President speak. Not exactly a clever thing to do but obviously they deem it worth the risk. This was President Trump's first public rally since his impressive recovery from the Corona Virus. And over in California - a Democratic stronghold - someone put up a giant TRUMP signboard on a hillside along a 10-lane highway. The California Highway Authority removed the sign as a traffic hazard. So there seems to be a disconnect between the on-the-ground popularity of Donald Trump and the weak support for Joseph Biden versus what the mainstream media is saying. Some observers are predicting a landslide victory for Donald Trump.

A report by CNN lists down the ways that Trump can LEGALLY & WITHIN THE U.S. CONSTITUTION BLOCK Biden from taking over even he lose the Election; & for sure all his team & lawyers are well-prepared to do this. Trump will not leave the White House win or lose. He will complete his 2nd term. This is why I think Trump is likely to win in November.

Meow...

Posted by strattegist > 2020-10-22 11:51 |

Post removed.Why?

Posted by Mabel > 2020-10-22 12:40 | Report Abuse

October 22, 2020 at 08:58 WIB

Oil and Gas

Research by RHB
NEUTRAL(Maintained)

“Slower Demand Recovery”

Maintain NEUTRAL; Top Picks: Serba Dinamik and Bumi Armada. We may see a downward revision in crude oil demand numbers by major agencies due to a resurgence of COVID-19 cases but OPEC remains committed in supporting prices.

Our 2021F crude oil price is now revised to USD51.00/bbl from USD55.00/bbl, while 2022 and long-term oil price forecasts are kept at USD55.00/bbl and USD60.00/bbl.

Meow Meow Meow

Posted by TunPika > 2020-10-22 15:06 | Report Abuse

Go armada

Posted by strattegist > 2020-10-22 15:33 | Report Abuse

pancit

Posted by TillyLovers > 2020-10-22 17:30 | Report Abuse

Hi, betweem Bumi and Hibiscus, which one is better? Thanks

Posted by Michael Kwok > 2020-10-22 23:13 | Report Abuse

I will go for Armada.I put 19-21 cents as buying price.Dear,the market not good now.

Posted by Michael Kwok > 2020-10-22 23:15 | Report Abuse

Our great Mable the meow.Must shares some Wht OTB recommend.

Posted by TillyLovers > 2020-10-22 23:16 | Report Abuse

Thanks Michael.

Posted by Dr.Sim > 2020-10-22 23:19 | Report Abuse

Buy Armada, rumour say 80 mil for Sep 20 quarter.

Posted by strattegist > 2020-10-23 11:00 |

Post removed.Why?

Posted by strattegist > 2020-10-23 15:37 | Report Abuse

tenggelam

Posted by strattegist > 2020-10-23 17:19 | Report Abuse

closed red

Posted by TillyLovers > 2020-10-23 18:46 | Report Abuse

since the price drops like no tomorrow, will it bounce to 28 cents before Christmas?

Posted by i3lurker > 2020-10-23 18:50 | Report Abuse

Most Refineries in US are now closed for autumn maintenance
sure of course price of oil will drop loh.

Refineries should open again in November to run non-stop for Christmas peaks

:)

Posted by i3lurker > 2020-10-23 18:56 | Report Abuse

today is pure 100% poor market sentiment
shit happens

as many pointed out, we dun have so many cases
announcement of emergency is overkill and overseas people will wonder whether we have a huge problem

there is uncertainty now
and this uncertainty hurts business
we dun know how long emergency will last. Is it for next 20 years?

do we need to sing songs and wear I LUB LUB Mr Moo? or go to jail?

as it is Sweden never implemented anything at all, no masks, no lockdown, no funny emergencies. Pubs open, restaurants open, no social distancing

Those who gets ill in Sweden just go to hospital free of charges.
Swedish Govt got money since no corruption at all.

Posted by i3lurker > 2020-10-23 22:49 | Report Abuse

may your wish come true, then we can all sell it high high

Posted by Icon8888. > Oct 22, 2020 11:19 PM | Report Abuse

Buy Armada, rumour say 80 mil for Sep 20 quarter.

Posted by NPRA1985 > 2020-10-25 01:41 | Report Abuse

Waiting for it to drop to 12c

Posted by moneycome123456 > 2020-10-25 11:17 | Report Abuse

0.120, if true, buy more, standby bullet. Hahaa

Posted by Macgyver11 > 2020-10-25 20:08 | Report Abuse

https://www.thestar.com.my/news/nation/2020/10/25/no-emergency-says-agong

Posted by Macgyver11 > 2020-10-25 20:11 | Report Abuse

https://news.cgtn.com/news/2020-10-25/Brazil-institute-to-import-6-million-does-of-Chinese-COVID-19-vaccine-URVu2jYtEc/index.html

Posted by Michael Kwok > 2020-10-25 22:59 | Report Abuse

Mabel the mother meow.Please lowers the TP for Armada.Put it only 40 cents level.Biden will win.When I see the debate Trump had lack of energy and ideas in last 3 debate.The trend should be renewable energy like Cypark.

Posted by strattegist > 2020-10-26 10:27 |

Post removed.Why?

Posted by strattegist > 2020-10-26 11:36 |

Post removed.Why?

Posted by tkl88 > 2020-10-26 11:43 | Report Abuse

Sailang Armada at it's record lowest @0.225

Posted by Keyman188 > 2020-10-26 11:47 | Report Abuse

Keyman188 thought record low was 0.110 (19/03/20)....

Please rectify Keyman188 if wrong information......kekeke...kekeke...

Posted by Jjkcl > 2020-10-26 12:14 | Report Abuse

Collect more

Posted by ageetkumar > 2020-10-26 12:38 | Report Abuse

Ref: Mabel's observations on US elections and Trump's chances. Very good analysis and insight. I believe the key here is the voter turn out. Even in 2016, Trump managed to win based on the voter turn out, which is the main reason why opinion polls and results are quite different, not because people say something but behave differently to their expressed opinion. That is why democratic campaign this time around has been focused on getting people to vote. And also possibly the reason for Biden's candidature. If this strategy pays of Biden and Democrats can pull off a win. What is certain though is even if there is a Biden win, there will be legal challenges from the Trump camp, most likely around the postal votes. And postal votes will be critical this time around given upto 20% of total votes cast could be mail in.

Posted by strattegist > 2020-10-26 13:27 |

Post removed.Why?

Posted by kenneth241 > 2020-10-26 14:50 | Report Abuse

Buy more now ❤️

Posted by wehcant > 2020-10-26 15:08 | Report Abuse

What happened to Armada's Target Price of 0.69 set by MIDF???

Posted by strattegist > 2020-10-26 15:19 | Report Abuse

tenggelam

Posted by JoshuaMS7 > 2020-10-26 16:25 | Report Abuse

gg lo run as fast as possible..