Posted by Mabel > 2020-11-19 11:40 | Report Abuse

@Lukesharewalker Potential 36 cents
19/11/2020 10:44 AM

Exactly..as always Mabel will not fires all Missiles to lock profits..

Reserve some for higher reaps...

Meow..

Posted by strattegist > 2020-11-19 12:02 | Report Abuse

observing

Posted by nikicheong > 2020-11-19 12:41 | Report Abuse

Results out. Rm85mil profit. Is good. Need to read rest of financial statememt to see if got improvement.

Posted by nikicheong > 2020-11-19 12:42 | Report Abuse

Inclusive of rm16mil impairment, meaning core net profit was above rm100 mil. Good job!

Posted by nikicheong > 2020-11-19 12:48 | Report Abuse

Quarter on quarter, net borrowing reduces from 8.5bil to 7.9bil. Superb!

Posted by Mabel > 2020-11-19 12:54 | Report Abuse

Now Buying Queue is almost double than Selling Queue...

Mabel is soooo wet now...

Meow Meow Meow

Posted by Mabel > 2020-11-19 12:55 | Report Abuse

To 30 with Loves...

Meow Meow Meow

Posted by Jjkcl > 2020-11-19 13:05 | Report Abuse

Speedy gonzales vrooooom

Posted by Lilygoh > 2020-11-19 13:10 | Report Abuse

Time to enter Bumi armada..let goreng together..many investors will come in due to profit quarter result..it shld go higher ..

Posted by Lilygoh > 2020-11-19 13:10 | Report Abuse

Today shld be end higher

Posted by Lilygoh > 2020-11-19 13:11 | Report Abuse

I am queue into buy

Posted by Lukesharewalker > 2020-11-19 13:13 | Report Abuse

Stabilized. From now on, every quarter is profit. Annualized 1.47 is 58 cents @pe10

Posted by nikicheong > 2020-11-19 13:29 | Report Abuse

Problem is there is a delay with the new Kakinada project.

Also, the results from JV for FPSO has plummeted. Any idea why folks?

Posted by Jjkcl > 2020-11-19 13:40 | Report Abuse

Considering Covid pandemic, not many O

Posted by nikicheong > 2020-11-19 13:44 | Report Abuse

If we factor in the net write back on impairment loss and the unrealised loss in FX, then the core net portion will increase by RM12 mil to RM98 mil. Pretty decent.

I’m still curious why the JV is so bad. Maybe cost overruns for Kakinada project?

Also, there was a planned shutdown for Kraken in September, so revenue and profit a bit down as well due to that (easily around RM5 to 10mil profits).

Posted by Jpck150 > 2020-11-19 14:03 | Report Abuse

Armanda Superb!! whoever dump I eat, thank you buddies

Posted by sheep > 2020-11-19 14:04 | Report Abuse

Profit down, but still got profit...up p up...wakaka

Posted by Dreams2Truth > 2020-11-19 14:08 | Report Abuse

Revenue up compared to the same Q last year!

Posted by Jpck150 > 2020-11-19 14:12 | Report Abuse

deathscythe, is ok, how many lot you have? mari I eat

Posted by i3lurker > 2020-11-19 14:15 | Report Abuse

dunno whether Sell On News Theory still applies

wink wink

Posted by nikicheong > 2020-11-19 14:33 | Report Abuse

Hmmm...market doesn't think this is good??? Haaahhhh

Posted by RJ87 > 2020-11-19 14:35 | Report Abuse

Market dunno how to read report...hahhaha


Jpck150 , u go sapu....eat all up and market will follow...

Posted by nikicheong > 2020-11-19 14:36 | Report Abuse

Is it disappointment? Or confirms that Armada's earnings capacity and debt repayment is real and in-progress?

Posted by Jpck150 > 2020-11-19 14:42 | Report Abuse

I don't see any disappointment there, sapu at 0.265 and 0.27, yummy
Market doesn't know how to read the report, Niki pointed out its positive side

Posted by RJ87 > 2020-11-19 14:45 | Report Abuse

Meow meow go sapu..sure up one...

ppl digesting report...asking same question....

okok one say....not bad le....still profit....

Advance one...say very good...interest dropped, debts drop, finance cost drop. Core operating profit increase if exclude impairment.

Majoriryt....Is it good or bad. If u don't decide, i'm going to sell first.
If you don't decide, I better buy first.

So, meow meow faster go buy, create by momentum.

At the moment, no selling pressure yet. I don't think FM will dump at 4pm. Fundamentally improved.

Posted by i3lurker > 2020-11-19 14:46 | Report Abuse

dun be a Hero

market consolidation in progress, all shares affected

Posted by Lukesharewalker > 2020-11-19 14:54 | Report Abuse

Pdts in progress....hold

Posted by nikicheong > 2020-11-19 14:54 | Report Abuse

True, no selling pressure, so there's that. Though presumably those who bought with insider information or rumour of the results releasing (see how the price went up the past few days), may have sold at the open at 2.30pm earlier.

Posted by theintinvestor > 2020-11-19 14:55 | Report Abuse

can buy? whats the TP

Posted by Jjkcl > 2020-11-19 14:57 | Report Abuse

Value buy

Posted by Donator > 2020-11-19 15:01 | Report Abuse

TP 0.30

Posted by RJ87 > 2020-11-19 15:02 | Report Abuse

Meow meow, 483500 shares 14:49.16 and 14.48:58 just...Itu lu punya buy signal?

Posted by Lukesharewalker > 2020-11-19 15:09 | Report Abuse

Pdfs buying back now

Posted by nikicheong > 2020-11-19 15:11 | Report Abuse

What is PDFs?

Posted by Lukesharewalker > 2020-11-19 15:13 | Report Abuse

Pdts

Posted by nikicheong > 2020-11-19 15:14 | Report Abuse

What is pdts?

Posted by wehcant > 2020-11-19 15:14 | Report Abuse

Expected QR. That's why the price couldn't break 0.27 resistance. But if it does and stay above it, it means the coming QR will be fairly good.

Posted by Jpck150 > 2020-11-19 15:17 | Report Abuse

See, big u turn and will spike till end of the day

Posted by RJ87 > 2020-11-19 15:20 | Report Abuse

the queue size got few indicating buy signal

Posted by Lukesharewalker > 2020-11-19 15:21 | Report Abuse

Pdfs covering position

Posted by RJ87 > 2020-11-19 15:23 | Report Abuse

wait 4pm...wait 4pm

Posted by Jpck150 > 2020-11-19 15:30 | Report Abuse

where is the guy ask for cabut??

Posted by RJ87 > 2020-11-19 15:31 | Report Abuse

Jpck150 , u fast fast go whack the sell queue...terus bounce i tell u

Posted by i3lurker > 2020-11-19 16:17 | Report Abuse

Adios
Thats the Cycle of Life, everyone knows from Lion King

Posted by deathscythe > Nov 19, 2020 3:35 PM | Report Abuse

today might close 0.26, then following days normally to 0.2-0.24 like previous trend...

Posted by RJ87 > 2020-11-19 16:35 | Report Abuse

exited all at 27 ssen, wait to collect again below 24sen...

Last quarter 120mil profit up 30.5sen and drop all the way down to 20.5 sen...See no reason why 80 mil profit (although 100mil core operating profit), would do anybetter considering Q4 normally full of stupid surprises.

Posted by Mabel > 2020-11-19 16:36 | Report Abuse

@RJ87 Meow meow go sapu..sure up one...

ppl digesting report...asking same question....

okok one say....not bad le....still profit....

Advance one...say very good...interest dropped, debts drop, finance cost drop. Core operating profit increase if exclude impairment.

Majoriryt....Is it good or bad. If u don't decide, i'm going to sell first.
If you don't decide, I better buy first.

So, meow meow faster go buy, create by momentum.

At the moment, no selling pressure yet. I don't think FM will dump at 4pm. Fundamentally improved.
19/11/2020 2:45 PM

Meow RJ97, I already sapu when everyone was scared to buy early this year when it was below 15 sen.. You can check all my posting at that time when there were so many Naysayers,,,

Now waiting patiently ...3 more sen to fires my 1st Missiles from this Armada Battleship..

Meow Meow Meow

Posted by RJ87 > 2020-11-19 16:52 | Report Abuse

Meow meow also waiting to take profit at 30sen...like this no need buy liao...I tot meow meow going to increase exposure...but turns out, she also don't like the report as much...hahahha

Anyway, I don't like Armada surprise surprise....Fed 2021 and Nov 2021 another surprise surprise...likely gonna range bound until 2022....

Posted by Mabel > 2020-11-19 17:07 | Report Abuse

Absolutely RJ87.!

This is definitely not the time for us to buy. It's time for us to reaps what we have sown..

Soon our waiting game will be over. All Mabel's Armada Cruise Missiles are now ready to launch when Armada breaches Mabel Target Price.at different intervals. Soon you will see lots of fireworks in the skies.

This Battle will be more spectacular than our last battle...Trust me...

Meow Meow Meow

Posted by strattegist > 2020-11-19 17:29 | Report Abuse

closed down half sen

Posted by Mabel > 2020-11-19 17:37 | Report Abuse

Don't worry bro..

it will go up again as always...Very typical of Armada Operator..

Meow...