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

0.49 - 0.50

Trading Volume

3,406,900


45 people like this.

72,259 comment(s). Last comment by nikicheong 3 days ago

strattegist

23,459 posts

Posted by strattegist > 2020-11-19 17:41 |

Post removed.Why?

strattegist

23,459 posts

Posted by strattegist > 2020-11-19 17:43 | Report Abuse

the journey is getting closer...

vjleo1138

52 posts

Posted by vjleo1138 > 2020-11-19 17:57 | Report Abuse

result out

strattegist

23,459 posts

Posted by strattegist > 2020-11-19 18:10 | Report Abuse

AmInvest Price Target 0.51...

DJThong

488 posts

Posted by DJThong > 2020-11-19 18:31 | Report Abuse

Wah. Nice to see it move again. Mabel I meow with you

Mabel

24,083 posts

Posted by Mabel > 2020-11-19 18:52 | Report Abuse

Meow strattegist ..50 is within Mabel's Missile range..

Absolutely DJThong... Let's Meow together. It's time to reaps what we have sown..

Like I said, 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

RJ87

5,134 posts

Posted by RJ87 > 2020-11-19 20:25 | Report Abuse

AmInvest TP 0.10 in May - Sell call (When want collect)
https://klse.i3investor.com/servlets/ptres/55426.jsp

AmInvest TP 0.51 in Nov - Buy call (After join meow meow become like this)
https://klse.i3investor.com/servlets/ptres/57540.jsp

Lets see who wants to be the greater fool now. Hhahahahha

Posted by Dreams2Truth > 2020-11-19 21:54 | Report Abuse

@deathscythe, you should type "Bumi Armada".
I do not see negative news.

Jjkcl

883 posts

Posted by Jjkcl > 2020-11-19 21:55 | Report Abuse

Keep for cny ang pow

pang72

51,243 posts

Posted by pang72 > 2020-11-19 22:38 | Report Abuse

Macam sudah tenggelam ship leh.....

pang72

51,243 posts

Posted by pang72 > 2020-11-19 22:39 | Report Abuse

Drop back below 20c agsin.... Haiz.....

As long as no bankruptcy is ok...... Just cut lose lo...

Mabel

24,083 posts

Posted by Mabel > 2020-11-20 00:35 | Report Abuse

Nice to see you back Pang72...

Miss you...

Meow

TunPika

486 posts

Posted by TunPika > 2020-11-20 00:44 | Report Abuse

Morning start engine?

tkl88

8,712 posts

Posted by tkl88 > 2020-11-20 07:06 | Report Abuse

Malaysia in deal with China for Covid-19 vaccine development
PUBLISHED : 18 NOV 2020 AT 19:40
WRITER: REUTERS

https://www.bangkokpost.com/world/2021843/malaysia-in-deal-with-china-for-covid-19-vaccine-development

KUALA LUMPUR: Malaysia said on Wednesday it has signed an agreement with China to cooperate on the development of a safe and efficacious vaccine, as part of efforts to combat the Covid-19 pandemic.

Under the agreement, in force for an initial period of five years, the Southeast Asian nation will be given priority access to Covid-19 vaccines developed by China. Both will share knowledge and expertise and facilitate scientific and technological capabilities to advance vaccine development in their countries, Malaysia said in a joint ministerial statement.
Science, Technology and Innovation Minister Khairy Jamaluddin signed the agreement with his Chinese counterpart Wang Zhigang in a virtual ceremony.

Cooperation between Malaysia and China under the agreement would be supervised by a committee chaired by the foreign affairs ministers of both countries that was formed in October to address post-pandemic challenges.

"Both countries will also support the participation of their public and private sectors including universities, institutions, societies and organisations in joint collaborative projects," the Malaysian ministries said.

Posted by moneycome123456 > 2020-11-20 08:23 | Report Abuse

Can climb up to 0.300 mah?

tkl88

8,712 posts

Posted by tkl88 > 2020-11-20 08:25 | Report Abuse

Khairy: Malaysia to pay RM94mil upfront for vaccine under Covax plan

* NATION
* Thursday, 19 Nov 2020 
10:53 AM MYT By MARTIN CARVALHO, RAHIMY RAHIM and TARRENCE TAN

https://www.thestar.com.my/news/nation/2020/11/19/khairy-malaysia-to-pay-upfront-rm94mil-for-vaccine-under-covax-plan

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2020-11-20 08:28 | Report Abuse

Good time surprised by huge losses, bad time surprised by ability to make some profit. Quite common nowadays.

Jjkcl

883 posts

Posted by Jjkcl > 2020-11-20 08:32 | Report Abuse

Only good news coming, waiting for 0.40

strattegist

23,459 posts

Posted by strattegist > 2020-11-20 09:23 | Report Abuse

observing

strattegist

23,459 posts

Posted by strattegist > 2020-11-20 09:34 | Report Abuse

AmInvest 0.51
HLG 0.65
Kenanga 0.21

what a disparity...

TAK1

1,458 posts

Posted by TAK1 > 2020-11-20 09:40 | Report Abuse

AK to depart soon sickness has kicked in any chance of yinson buyout

TAK1

1,458 posts

Posted by TAK1 > 2020-11-20 09:43 | Report Abuse

When is the impairement for oms 250m will be informed yearly from now onwards.

TAK1

1,458 posts

Posted by TAK1 > 2020-11-20 09:47 | Report Abuse

When oms 250m will be announced

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2020-11-20 10:30 | Report Abuse

buy buy buy

strattegist

23,459 posts

Posted by strattegist > 2020-11-20 10:43 |

Post removed.Why?

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2020-11-20 10:48 | Report Abuse

if oil price breaking 45 and above, armada should worth 0.300 and above!!

strattegist

23,459 posts

Posted by strattegist > 2020-11-20 12:03 | Report Abuse

Public Bank 0.32...

I am more inclined and concurred with the valuation...

pang72

51,243 posts

Posted by pang72 > 2020-11-20 12:33 | Report Abuse

Slowly go below 20c..
Hope it will not bankrupt

strattegist

23,459 posts

Posted by strattegist > 2020-11-20 13:01 | Report Abuse

MIDF 0.69 ...the highest so far

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2020-11-20 13:17 | Report Abuse

Where can bankruptcy? Recent 2 qtr revenue and profit also healthy and shares price waiting oil price break 45 usd which is the highest since March!! Anticipated!! If drop will consider top up more..

pang72

51,243 posts

Posted by pang72 > 2020-11-20 13:18 | Report Abuse

Debt too high. It has chance to bankruptcy!
IB puts up high target to release the tickets..

Posted by Janson King > 2020-11-20 14:30 | Report Abuse

Aiya pang72, last year's Debt even higher, but u bought a lot too.

Mabel

24,083 posts

Posted by Mabel > 2020-11-20 14:48 | Report Abuse

Just continue to wait.. 30 sen is very safe target..

Current TA for Armada is very Bullish..

Short term target is 34 sen

Mabel Armada has been program to launch its Missile at the following Interval

30
31
32
33
34

During these time you can expect fierce competition from the Sharks and IB to shot down Armada Shares. However we Retailers will be save by Armada Trading Volume..

Trade wisely..

Soon we will reaps what we sown.


Meow Meow Meow

GGecko

1,937 posts

Posted by GGecko > 2020-11-20 14:52 | Report Abuse

Meow my Mabel, indeed..I ve been accumulating for the past couple of weeks..looks good for trading n lt

RJ87

5,134 posts

Posted by RJ87 > 2020-11-20 15:13 | Report Abuse

Wait for surprise surprise...It's good...but too many surprise surprise under it's sleeve...

U wait kenanga buy in first, the TP will change to 60sen above like how AmInvest change from 10sen to 51sen. If that India project suffer the same fate as Claire, it will revisit 15sen.

Armada take on so many project to create jobs for it's OMS division.
That comes with risk unlike Yinson. By right, Kraken is fully operation, other projects got extensions. The firm orderbook from FPSO will put Armada in same position as Yinson.
Just the OMS now (shit that Leon Harland left behind. OMS are filled with dutch built vessel I suspect)

Now under hawkish Gary Christensen and Luke Targett rule. Risk is greatly reduce.
Wait them settle the OMS problem first. Sure rocket one.

sheep

3,849 posts

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

going down to 0.23...bo chow see seeeeeeeeeeeeeeeeeee ah ...wakakaka

Posted by Lukesharewalker > 2020-11-20 15:32 | Report Abuse

Only MBB rated lower at 17. All others rated higher value. Strange....

Jpck150

23 posts

Posted by Jpck150 > 2020-11-20 16:27 | Report Abuse

something brewing, look at the buy power, oil price rose 4 consecutive days

RJ87

5,134 posts

Posted by RJ87 > 2020-11-20 16:42 | Report Abuse

This market....better see money take money...

This is not glove or vaccine related counter....it's gonna s*ck a while...

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2020-11-20 16:57 | Report Abuse

i still believe that armada will breach 0.300 end of this month... look at crude oil price this week...

strattegist

23,459 posts

Posted by strattegist > 2020-11-20 17:47 | Report Abuse

closed red

RJ87

5,134 posts

Posted by RJ87 > 2020-11-20 17:49 | Report Abuse

not after it breach 24sen first...No rush to collect....

Operator will shake of weak holders first...Cos, QoQ dropped...YoY sure drop without disposal gain like last Nov. Operator also know what they do, the price won't move alot cos how market see the result won't be good.

Even Meow also didn't add position. Only waiting to take profit.

Jjkcl

883 posts

Posted by Jjkcl > 2020-11-20 17:59 | Report Abuse

Buy keep, easy

RJ87

5,134 posts

Posted by RJ87 > 2020-11-20 18:00 | Report Abuse

in 2019, after they shifted their current liabilities in 2019 to structured loan due in May 2021, price soared from 20sen ish to 55 sen high in dec 2019. Now this may 2019 loan is gonna due in May 2021...

Until it's resolved, it's not clear price will go above 30sen la.

Disclosing one of my few armada surprise surprise. Better trade with knowledge than to trade with emotion. Meow meow can't save armada if they make Right Issue (although highly unlikely).

The ability to meet this commitment will appear in Feb 2021 QR. Knowing this, syndicate will also think twice to goreng...U know, waste the effort to goreng it up just to see it come down...Well, might as well wait dust settle, goreng from june 2021 to Dec 2021.

Have a nice weekend peep.

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2020-11-20 18:10 | Report Abuse

@RJ87 noted for your advise and explanation but if oil price breaking 50 usd and above end of this year since vaccine was out and Mr Biden going to offer 3 trillion USD to market, Armada still impossible to break above 0.300???

i3lurker

14,256 posts

Posted by i3lurker > 2020-11-20 18:16 |

Post removed.Why?

RJ87

5,134 posts

Posted by RJ87 > 2020-11-20 18:24 | Report Abuse

U r not answering the question...Will any of US 3 trillion stimulus package will be used to pay Armada's debt 1.5bil debt interest free? if yes, u sell ur wife, TP RM10. Aiya, u wanna trade on that sentiment, buy what also 10-15% up one la.

The reason why the price was hammered pre june 2019 was because of this loan. I don't see how it would be any different this time. Show starts when Armada Luke Targett and Gary give armada a good announcement on another tranches of loan for another 3 years.

Actually no worry one la. As long as Kraken(the goose that's laying golden egg) doesn't blow up. The bankers will happily continue to collect the finance cost and make a profit from whatever u make. That's a common sense, but not a common sense many have.

Like HSBC and PriceSolution every month see how I spend on credit card and make settle, every monday come kacau me ask me if I want loan. I say if can give me 3 years 2%. I on for 200K. Park everything in Maybank.

i3lurker

14,256 posts

Posted by i3lurker > 2020-11-20 18:25 | Report Abuse

no need worry about any OLD loans,
if they have collateral for old loan,
means they have collateral to roll over the old loan since oil price is profitable

this applies to all O&G companies as well.
getting a NEW loan will problematic.

There is no need for any new loans if company is profitable as already pointed out by many people previously.

RJ87

5,134 posts

Posted by RJ87 > 2020-11-20 18:26 | Report Abuse

Anyway, JoshuaMS7...if u so sure, sailang la....

Why so anxious? Just either 30sen Dec,20 or 30sen June 2021. What's the hurry?

RJ87

5,134 posts

Posted by RJ87 > 2020-11-20 18:28 | Report Abuse

Don't forget to sailang Sapura too... Sapura dilution from RI is geng until my calculator ran out of decimal place to compute it's EPS.

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