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...
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.
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..
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..
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.
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.
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.
@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???
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.
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.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
strattegist
23,459 posts
Posted by strattegist > 2020-11-19 17:41 |
Post removed.Why?