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

Mabel

24,085 posts

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

@tkl88 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 !
10/11/2020 5:51 PM

tkl88,

You really know how to make Mabel wet :)

Meow Meow Meow

strattegist

23,459 posts

Posted by strattegist > 2020-11-11 10:34 |

Post removed.Why?

MasterYoda

975 posts

Posted by MasterYoda > 2020-11-11 10:44 | Report Abuse

Ok lah since Mabel so wet and i so horny i just whack 400 lot,usually i don’t like oil

MasterYoda

975 posts

Posted by MasterYoda > 2020-11-11 11:12 | Report Abuse

Tp 0.50 sell ke ke ke

strattegist

23,459 posts

Posted by strattegist > 2020-11-11 11:45 | Report Abuse

sikit lagiii mau timbul....

winmal

1,128 posts

Posted by winmal > 2020-11-11 11:56 | Report Abuse

still sleeping ...

nikicheong

2,502 posts

Posted by nikicheong > 2020-11-11 12:08 | Report Abuse

Very lackluster. If quarter is good (core net profit > RM100mil with zero impairments), then we should see this baby hitting RM0.40 by month's end! Quarter result out on 27th Nov (noon). Pray for the best fellas!

Donator

1,090 posts

Posted by Donator > 2020-11-11 12:40 | Report Abuse

since u all so confident...buy more 100 lot...

strattegist

23,459 posts

Posted by strattegist > 2020-11-11 13:04 |

Post removed.Why?

Posted by pennywise2308 > 2020-11-11 15:21 | Report Abuse

Hello....mau bangun belum??

wehcant

1,259 posts

Posted by wehcant > 2020-11-11 16:41 | Report Abuse

The Armada is sinking. It seems like 0.27 will be the top it can go this year.

wehcant

1,259 posts

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

Next QR will be bad, I presume. If not, the price would have gone up by leaps. 0.27 is the max it can go. Well, I maybe wrong.

strattegist

23,459 posts

Posted by strattegist > 2020-11-11 17:09 |

Post removed.Why?

strattegist

23,459 posts

Posted by strattegist > 2020-11-11 17:32 | Report Abuse

lembik wohhhhhh

tkl88

8,712 posts

Posted by tkl88 > 2020-11-11 19:02 | Report Abuse

Oil price continue to spike up like mad !
As at 7.02pm,
Nymex=> $42.89 (+1.53) (+3.70 %)
Brent => $45.16 ‪(+1.55) (+3.55 %)‬

‪Huat ah ! Heng ah ! Ong ah !‬

nikicheong

2,502 posts

Posted by nikicheong > 2020-11-11 19:04 | Report Abuse

Lamb man today. Tomorrow up maybe?

Macgyver11

2,492 posts

Posted by Macgyver11 > 2020-11-11 20:05 | Report Abuse

Former deputy health minister Dr Lee Boon Chye said the halal concerns would be addressed by the health ministry, with advice from the National Fatwa Council.

“The ministry would first and foremost evaluate the vaccine in terms of efficacy and safety. It must be said in order to return to normal life, vaccines are the best way forward.”

Putrajaya had recently said it would make advance bookings for the vaccine through its participation in the Covid-19 Vaccine Global Access initiative, with an estimated cost of over RM3 billion.

Khairy, who is co-chair of the government’s vaccine supplies committee, said the allocation would be able to immunise 70% of the country’s population next year.

He had said vaccines would come as early as the first quarter of next year, with medical workers the priority to receive them.

As for the halal issue, Khairy had urged for more explanatory sessions for the people and assured that the vaccines would be vetted and approved by the Malaysian Islamic Development Department or Jakim.

KAQ4468

21,497 posts

Posted by KAQ4468 > 2020-11-11 23:41 | Report Abuse

Peewiittttt

KAQ4468

21,497 posts

Posted by KAQ4468 > 2020-11-11 23:41 | Report Abuse

AK apa bikin

Michael Kwok

6,413 posts

Posted by Michael Kwok > 2020-11-11 23:49 | Report Abuse

Meow the big cat.Please check Ageson.3 consecutive quarter of increase profit.1 year 38 million profit.But still in 100 over millions value.Do u think it will up more and less risk?

Michael Kwok

6,413 posts

Posted by Michael Kwok > 2020-11-11 23:50 | Report Abuse

The big meow.Please come to the website and below.

https://klse.i3investor.com/servlets/forum/905919581.jsp?ftp=6

Friendship

1,615 posts

Posted by Friendship > 2020-11-12 07:08 | Report Abuse

0.50 soon

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2020-11-12 08:53 | Report Abuse

oil price maintain above 41 usd BA should be earning right?

strattegist

23,459 posts

Posted by strattegist > 2020-11-12 09:43 |

Post removed.Why?

vcinvestor

403 posts

Posted by vcinvestor > 2020-11-12 10:30 | Report Abuse

oil price moves don't make much of a difference to Armada. It is an asset owner - what it earns per FPSO (80% of its biz) is fixed based on the charter contract. The only area which should be sensitive to crude oil prices is the OSV charters (remaining 20% of biz). Most OSV charters are on spot or short term basis where rates will rise and fall with crude oil biz.

For FPSO biz you should only be concerned about the credit risk impact i.e. if oil prices are too low such that the FPSO charterers are losing money and may affect their ability to pay fixed the charter rates.

Mabel

24,085 posts

Posted by Mabel > 2020-11-12 10:55 |

Post removed.Why?

strattegist

23,459 posts

Posted by strattegist > 2020-11-12 11:00 |

Post removed.Why?

Posted by Lukesharewalker > 2020-11-12 11:59 | Report Abuse

Not much selling at 25.5 . Operator hope ful. Another 100+ million profits this month end

Mabel

24,085 posts

Posted by Mabel > 2020-11-12 13:58 | Report Abuse

@MasterYoda Ok lah since Mabel so wet and i so horny i just whack 400 lot,usually i don’t like oil
11/11/2020 10:44 AM

Welldone MasterYoda!

You are the man...

Meow Meow Meow

strattegist

23,459 posts

Posted by strattegist > 2020-11-12 15:31 |

Post removed.Why?

winmal

1,128 posts

Posted by winmal > 2020-11-12 16:09 | Report Abuse

strong buying

strattegist

23,459 posts

Posted by strattegist > 2020-11-12 17:46 |

Post removed.Why?

KAQ4468

21,497 posts

Posted by KAQ4468 > 2020-11-12 22:01 | Report Abuse

Peewiittttt

CHLEONG888

924 posts

Posted by CHLEONG888 > 2020-11-13 07:28 | Report Abuse

why this morning got no Huat ah, heng ah, ong ah

Donator

1,090 posts

Posted by Donator > 2020-11-13 09:43 | Report Abuse

dont shout heng ong huat ler....shout liao keep drop...

strattegist

23,459 posts

Posted by strattegist > 2020-11-13 10:11 |

Post removed.Why?

AnaiAnai

284 posts

Posted by AnaiAnai > 2020-11-13 11:17 | Report Abuse

uhuk uhuk. supertank tenggelam timbul. tenggelam timbul. tenggelam again.

wehcant

1,259 posts

Posted by wehcant > 2020-11-13 12:25 | Report Abuse

This vessel still not sinking yet?

strattegist

23,459 posts

Posted by strattegist > 2020-11-13 13:06 |

Post removed.Why?

wehcant

1,259 posts

Posted by wehcant > 2020-11-13 15:47 | Report Abuse

Armada is Class 0 Aircraft carrier. It will never be sunk by Yinson, MTC and MISC. The Patawali belongs to Class 0 carrier.

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2020-11-13 16:17 | Report Abuse

what's wrong? the shares price seems getting lower!! report very poor?

strattegist

23,459 posts

Posted by strattegist > 2020-11-13 17:33 |

Post removed.Why?

Posted by Lukesharewalker > 2020-11-13 21:33 | Report Abuse

Operator shaking off the weakholders

KAQ4468

21,497 posts

Posted by KAQ4468 > 2020-11-13 23:49 | Report Abuse

Ammaaa appaaaa

strattegist

23,459 posts

Posted by strattegist > 2020-11-14 19:47 | Report Abuse

maruku shapedek

Jjkcl

883 posts

Posted by Jjkcl > 2020-11-14 20:50 | Report Abuse

Chasing away non holders

Gabriel Khoo

1,002 posts

Posted by Gabriel Khoo > 2020-11-15 08:43 | Report Abuse

Malay Mail

AmInvestment Bank: FSPO seen as bright spot in O&G industry
Friday, 13 Nov 2020 03:19 PM MYT

KUALA LUMPUR, Nov 13 — AmInvestment Bank Bhd said the development in floating production, storage and offloading (FPSO) activities has reaffirmed its view that the sector is one of the brighter spots in the oil and gas (O&G) industry.

It said the O&G industry is still struggling with the Covid-19 pandemic that has derailed oil demand, while multiple FPSO projects are currently being evaluated in South America and West Africa.

“Brazil’s Petrobras is currently looking at up to 14 FPSO projects, while there are five in the North Sea, four in Australia, three in Guyana and three in West Africa.

“Given that the previous oil collapse and current pandemic have culled the number of global operators with adequate operational and financial capability, the remaining players are currently in a sweet spot,” said AmInvestment Bank in a research note today.

It said that there are fresh FPSO prospects in Malaysia with the rebidding exercise for the Limbayong FPSO charter to be deployed off Sabah.

Petronas is looking to charter the Limbayong FPSO for a firm 12 years, with options for 3 + 3 + 2 years.

“At least four leading international contractors or consortia have shown interest in the deepwater-capable FPSO, which could cost up to US$700 million (US$1=RM4.13). This includes domestic players such as MISC, Yinson, Sabah International Petroleum and Bumi Armada.

“However, Bumi Armada may be partnering with India’s Shapoorji Pallonji Oil & Gas, similar to its three projects in India and one in Indonesia due to the group’s financial constraints,” said the investment bank.

Meanwhile, Upstream reported that US-independent ConocoPhillips may be opening a bid for an FPSO vessel charter for its Patawali oil project on Block WL4-00 off Sarawak, following a feasibility study, despite market uncertainty in the wake of the Covid-19 pandemic.

AmInvestment Bank added that four local FPSO players, namely Bumi Armada, MISC, Yinson and MTC were said to be interested in the FPSO project, while Aker Solutions and TechnipFMC could be bidding for the engineering contract. — Bernama

strattegist

23,459 posts

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

roti canai unek

AnaiAnai

284 posts

Posted by AnaiAnai > 2020-11-16 09:18 | Report Abuse

uhuk uhuk. timbul lagi. ini macam gelumbang takda tinggi lagi kah. QR tinggal 2 minggu only. Mau dapat 100juta profit kah. cepat sikit lah.

strattegist

23,459 posts

Posted by strattegist > 2020-11-16 10:16 |

Post removed.Why?

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