BUMI ARMADA BERHAD

KLSE (MYR): ARMADA (5210)

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Last Price

0.50

Today's Change

0.00 (0.00%)

Day's Change

0.495 - 0.505

Trading Volume

1,435,700


45 people like this.

72,259 comment(s). Last comment by nikicheong 4 days ago

strattegist

23,459 posts

Posted by strattegist > 2020-11-09 20:02 |

Post removed.Why?

tkl88

8,712 posts

Posted by tkl88 > 2020-11-09 21:50 | Report Abuse

Wow, oil price spike up like mad !
As at 9.50pm,
Nymex at => $40.67 (+3.53) (+9.50 %)
Brent at => $42.77 (+3.32) (+8.42 %)

Huat ah ! Heng ah ! Ong ah !

i3lurker

14,261 posts

Posted by i3lurker > 2020-11-09 22:02 | Report Abuse

with vaccine news tonite

I hope and pray that Armada will spike up to 30 sen to help all our brothers and sisters here

Bottoms Up !!!

Sleep soundly and Good Nite

PS
Please be careful out there, find a chair and grab it before the music ends

:)

vjleo1138

52 posts

Posted by vjleo1138 > 2020-11-09 22:07 | Report Abuse

Brent up 9%

Sslee

6,586 posts

Posted by Sslee > 2020-11-09 22:13 | Report Abuse

Haha the vaccine was hidden from Trump otherwise Trump will win the election.

i3lurker

14,261 posts

Posted by i3lurker > 2020-11-09 22:15 | Report Abuse

agree

:)

Posted by Sslee > Nov 9, 2020 10:13 PM | Report Abuse

Haha the vaccine was hidden from Trump otherwise Trump will win the election.

GGecko

1,937 posts

Posted by GGecko > 2020-11-09 22:15 | Report Abuse

if this pfizer news was out last week, trump might have won instead. cruel fate for te lang pu

itch

1,178 posts

Posted by itch > 2020-11-09 22:48 | Report Abuse

Party will be back here very soon!

GGecko

1,937 posts

Posted by GGecko > 2020-11-09 22:50 | Report Abuse

v soon as in tomoro. expect gap up for armada n other O&G counters

tkl88

8,712 posts

Posted by tkl88 > 2020-11-09 23:56 | Report Abuse

Oil Jumps by Most Since June on Covid Vaccine Progress
By Alex Longley and Matthew Martin
November 9, 2020, 6:54 PM GMT+8 Updated on November 9, 2020, 9:54 PM GMT+8
https://www.bloomberg.com/news/articles/2020-11-09/oil-climbs-with-biden-s-win-spurring-broader-markets-rally

Oil in London jumped by the most since June as Pfizer Inc. reported a potential Covid-19 vaccine breakthrough.
Crude futures spiked following news the vaccine, being developed by Pfizer and BioNTech SE, prevented more than 90% of infections in a study of tens of thousands of volunteers.
Markets globally surged. WTI climbed more than 10% in New York, while global equities soared. It led to broader strength in the oil futures curve, with timespreads also moving sharply higher.
A vaccine “would be the most meaningful type of mitigator to the situation,” Saudi Energy Minister Prince Abdulaziz Bin Salman said prior to the Pfizer announcement at a conference on Monday. “We’re still hopeful that vaccine is found and that vaccine or vaccines spread and hopefully mobility would be regained.”
Since Covid first emerged, oil markets have been steadily recovering from the biggest crash in consumption in a generation. Transport use in Asia has rebounded strongly, but the renewed resurgence of the virus in Europe has continued to weigh on demand in the region. The emergence of a vaccine would not only help regions suffering form renewed lockdowns, but could also help spur the return of aviation demand -- the hardest hit corner of the market.

PRICES:
West Texas Intermediate for December delivery jumped as much as 11.3% to trade at $41.33; the U.S. benchmark was trading up 9.6% at $40.70 by 8:51 a.m. local time
Brent for January settlement rose 8.4% to $42.77
The relief in the market was seen in the profits from turning crude into transport fuels. Gasoline cracks in the U.S. reached their highest since mid-October, while those in Europe also gained. Jet fuel was also gaining relative to the value of other transport fuels in Europe, Bloomberg fair value data show.
Prices had earlier rallied as Joe Biden declared victory in the U.S. presidential election and began preparations to navigate America’s pandemic-hit economy out of crisis, with potential shifts coming on a range of policies from fiscal stimulus to Iranian sanctions. At the same time, Saudi Arabia said that OPEC+ could extend oil cuts through 2022 as the group seeks to re-balance the glutted market.
Before news of the vaccine, speculators had built up bumper short positions in the market in recent weeks as the virus spread afresh. Such large positions often leave crude markets open to sharp spikes in the opposite direction as traders rush to cover bearish bets.
“That could be the potential game changer as it will speed up the demand recovery,” Ole Hansen, head of commodities strategy at Saxo Bank A/S said of the potential vaccine.

tkl88

8,712 posts

Posted by tkl88 > 2020-11-10 00:05 | Report Abuse

Walaoeh, Dow Jones spike up to sky high !
As at 12.05am,
Dow Jones at=> 29,425.57 (+1,102.17) (+3.89 %) !

Huat ah ! Heng ah ! Ong ah !

Mabel

24,085 posts

Posted by Mabel > 2020-11-10 00:38 | Report Abuse

#Michael Kwok Mabel the big meow,why still in here.Wht a waste.
09/11/2020 7:55 PM

Why not?

I don't want to miss the fun when Armada spikes to 30...

Brent has already spike above USD 40...

tkl88 Wow, oil price spike up like mad !
As at 9.50pm,
Nymex at => $40.67 (+3.53) (+9.50 %)
Brent at => $42.77 (+3.32) (+8.42 %)

Huat ah ! Heng ah ! Ong ah !
09/11/2020 9:50 PM

Meow Meow Meow

greedy44444

2,497 posts

Posted by greedy44444 > 2020-11-10 01:01 | Report Abuse

Today oil stocks rally...get ready for the spike

Jjkcl

883 posts

Posted by Jjkcl > 2020-11-10 05:09 | Report Abuse

Nice

tkl88

8,712 posts

Posted by tkl88 > 2020-11-10 09:08 |

Post removed.Why?

strattegist

23,459 posts

Posted by strattegist > 2020-11-10 09:28 | Report Abuse

on d move

strattegist

23,459 posts

Posted by strattegist > 2020-11-10 09:36 | Report Abuse

watakungsi

strattegist

23,459 posts

Posted by strattegist > 2020-11-10 10:29 | Report Abuse

palakungko

Mabel

24,085 posts

Posted by Mabel > 2020-11-10 11:31 | Report Abuse

Meow Meow Meow

Posted by Millionairegig > 2020-11-10 12:15 | Report Abuse

No show..go sleep

i3lurker

14,261 posts

Posted by i3lurker > 2020-11-10 12:18 | Report Abuse

zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz

Mabel

24,085 posts

Posted by Mabel > 2020-11-10 12:46 |

Post removed.Why?

Mabel

24,085 posts

Posted by Mabel > 2020-11-10 12:50 | Report Abuse

There is one thing that we can learn from history: we should always be calm, disciplined, collected, and most importantly, buying the dips.

Meow

Mabel

24,085 posts

Posted by Mabel > 2020-11-10 13:04 | Report Abuse

Today all Mabel Energy 11 Battleships has started moving.

Earlier Mabel Energy Yinson Holdings Bhd’s net profit in the second quarter (Q2) ended July 31, 2020 rose 144 per cent to RM100.36 million from RM41.14 million in the same quarter last year. Earlier her elder Sister Mabel Energy Bumi Armada recorded another stellar 155 per cents rose in profits to RM 114 million from previous quarter. When combine, it creates the World Biggest FPSO. All these two FPSO operator has operating presence in Asia, Africa and Europe. FPSOs contracts are bankable, providing steady visibility (long-term charters, termination protection) with reasonable project IRRs. FPSOs tender pipeline are strong and steady. Currently, Armada and Yinson is ranked in P2 in Mabel Energy collection Fossil Fuel Battleships.

Looking forward for an exciting Q3 Results for these Super Tankers...

Meow Meow Meow

strattegist

23,459 posts

Posted by strattegist > 2020-11-10 14:01 |

Post removed.Why?

Jjkcl

883 posts

Posted by Jjkcl > 2020-11-10 14:18 | Report Abuse

This stock will bear fruits next year.

Jjkcl

883 posts

Posted by Jjkcl > 2020-11-10 14:26 | Report Abuse

China vaccine otw

Posted by Lukesharewalker > 2020-11-10 15:03 | Report Abuse

Oil climbing again.

Break out

Donator

1,090 posts

Posted by Donator > 2020-11-10 15:05 | Report Abuse

wow...hoseh liao...

AnaiAnai

284 posts

Posted by AnaiAnai > 2020-11-10 15:05 | Report Abuse

uhuk uhuk. OnG suddenly all wake up together. brother armada and sapnrg and sister velesto all sailing together. all the supertankers floating. no more sinking ship.

i3lurker

14,261 posts

Posted by i3lurker > 2020-11-10 15:06 | Report Abuse

sslee

as predicted now => mid november

it is now above my BUY CALL price of 25 25.5 sen

congratulations

wehcant

1,259 posts

Posted by wehcant > 2020-11-10 15:22 | Report Abuse

Dead cat bouncing?

i3lurker

14,261 posts

Posted by i3lurker > 2020-11-10 15:24 | Report Abuse

sure
and the cat head fell off got eaten dog

Posted by wehcant > Nov 10, 2020 3:22 PM | Report Abuse

Dead cat bouncing?

strattegist

23,459 posts

Posted by strattegist > 2020-11-10 15:24 | Report Abuse

approaching

tkl88

8,712 posts

Posted by tkl88 > 2020-11-10 15:26 |

Post removed.Why?

mroys74

110 posts

Posted by mroys74 > 2020-11-10 15:55 | Report Abuse

congrats!!!

Donator

1,090 posts

Posted by Donator > 2020-11-10 16:16 | Report Abuse

After u shout heng ong huat...become bo lat...

NPRA1985

3,415 posts

Posted by NPRA1985 > 2020-11-10 16:45 | Report Abuse

How long can the bull run last? Is it due to vaccine? Just afraid of Biden later.

tkl88

8,712 posts

Posted by tkl88 > 2020-11-10 17:51 | Report Abuse

Donator, just beginning of the bull market nia...
It will continue to spike up tommorrow onwards !

T.p by Dec 2020 => Break above 0.50
T.p by Mar 2021 => Break above RM1.00
T.p by Jun 2021 => Break above RM1.50
T.p by Sep 2021 => Break above RM2.00
T.p by Dec 2021 => Break above RM2.50
T.p by Mar 2022 => Break above RM3.00

Huat ah ! Heng ah ! Ong ah !

Jjkcl

883 posts

Posted by Jjkcl > 2020-11-10 18:11 | Report Abuse

Wah! Ho seh liao

awesome20

1,191 posts

Posted by awesome20 > 2020-11-10 18:12 | Report Abuse

brent not strong enough..buy after cross 50 USD

strattegist

23,459 posts

Posted by strattegist > 2020-11-10 18:27 |

Post removed.Why?

TunPika

486 posts

Posted by TunPika > 2020-11-10 22:20 | Report Abuse

Go Armada
TP 32 tmrw

Sky Liew

940 posts

Posted by Sky Liew > 2020-11-10 22:48 | Report Abuse

I think depend new qe result
If can EPs 2+ then sure will come up

Jjkcl

883 posts

Posted by Jjkcl > 2020-11-10 22:55 | Report Abuse

Collection theme

tkl88

8,712 posts

Posted by tkl88 > 2020-11-11 01:20 | Report Abuse

Wow, oil price continue to spike up !
As at 1.20am,
Nymex=> $41.29 ‪(+1.00) (+2.48 %)‬
Brent => $43.44 ‪ (+1.04) (+2.45 %)‬

‪Huat ah ! Heng ah ! Ong ah !‬

tkl88

8,712 posts

Posted by tkl88 > 2020-11-11 07:52 | Report Abuse

Walaoeh, Dow Jones continue it’s bull run !
Dow Jones closed at=> 29,420.92 (+262.95) (+0.90 %) !

Huat ah ! Heng ah ! Ong ah !

Posted by Millionairegig > 2020-11-11 07:59 | Report Abuse

Leader Energy stocks:
1.PetronM
2.Serbadinamik
3.Dayang
4.HengYuan
5.Hibiscus
6.Carimin
7.Armada

Mabel

24,085 posts

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

#Millionairegig Leader Energy stocks:
1.PetronM
2.Serbadinamik
3.Dayang
4.HengYuan
5.Hibiscus
6.Carimin
7.Armada
11/11/2020 7:59 AM

Thanks for sharing your Fossil Fuel Battleships performance Millionairegig!

Here's Mabel Energy Fossil Fuel Battleships and their performance based on Margin..

P1. Serbadk Dinamik
P2. Armada and Yinson
P4. Petronas Chemical
P5. Dayang
P6. Alam Maritime
P7. Dialog
P8. Hibiscus
P9. Velesto
P10. HengYuan (Shell)
P11. Sapnrg

Stay Invested! Huat ah ! Heng ah ! Ong ah !

Captain Mabel Sparrow..

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