i3lurker, u r right. Armada's assets are well covered and collateralized with oil price above 35-40. That keeps banker on their chair.
But u need to know, our market is dominated by kong kam at the moment. U look at how market movement...It's more like "kong kam see, kong kam buy. Kong kam see, kong kam sell". U wanna try explain collateralized loan to kong kam? Good luck.
P.S. U go read 2019 post on armada. I'm done explaining how awesome armada and their turn around. It's just market is just too stupid to see, read or understand. Might as well, just understand them, and make profit from them. Better go see what KYY scream what to buy next. Easily make 100-200% like AT, 600-800% on Supermx. Come here read report until eye swell, make that puny 10-20%. Gimme a break.
//////“As of March, he had pledged 550 million of his Genting Bhd. shares — or 32 per cent of his holdings — compared with 70 million a year earlier, according to the company’s annual reports,” the report said.
The collateral could raise the risk of a margin call. A margin call refers to a broker’s request that an investor deposit additional money or securities into the margin account so that it is brought up to the minimum value, also known as the maintenance margin.////
so Big Boss keeps propping up share price in case got margin call. seems BOSS so scared he propped it very UP UP to have Big Margin of safety and a lot of Bilis made money.
so always remember that loan rollover time is good.
Another worth recommending if USD 3 Trillion hits the market. BAuto, not the mothershare, but C16, where share price above strike value. I made a handsome return on maybank C74.
When stuff on discount, don't buy mother share, buy the warrants with Mother share price close to the strike. Go hv a look on my recommendation for near term play.
And how many of u a aware that Maybank and Kenanga has already started issue PUT warrant on the gloves counter. Most volatile one is Kossan.
Don't get too hung up with ur research. Be abit flexible. Don't be like me last time.
many people still dont get the meaning of 95% effective vaccine.
with current desperation from all businesses worldwide, vaccination worldwide will be done within months
every single business - you name it...will want to help to get this done as quick as possible, people cant wait for travel and holidays for life to return to normal
its done deal - max 12 months and the economy will be booming with added boost from pent up demand
its not easy to find an investment that gives 10% return in a year
you need to see the future in advance and take a strong bet
J&J's coronavirus vaccine candidate, though, requires only one dose.
This could give J&J a significant competitive advantage over its rivals. A single-dose vaccine would have a lower cost than a two-dose regimen. People would also be more likely to want to receive a vaccine that they only have to take once.
Johnson & Johnson also won't have the ultra-cold storage requirements that Pfizer's vaccine has. Its COVID-19 vaccine can remain stable for up to two years at around minus four degrees Fahrenheit and for up to three months at temperatures between around 35 degrees and 46 degrees Fahrenheit.
In addition, J&J beats Moderna when it comes to production capacity. Moderna has stated that it will be able to make around 500 million doses of mRNA-1273 next year, although the biotech says that it could "possibly" up that to 1 billion doses. J&J is on track to produce more than 1 billion doses per year.
The RM9b borrowings will take 9 years to pay off if it can produce RM1b operating cash flow a year. No dividend for the next 3-5 years at least and the current valuation of Armada isn’t cheap, or expensive.
To counter act ...bullish on oil price in 2021...reports suggest Brent could top 65 already rallied to 45.3 and could be near 50 mark before end of year. Charts V actual market?.
As expected, today Mabel P1 Battleship, Mabel Energy Serbadk Dinamik record another stellar result despite Convid 19 Pandemic and Brent averaging below USD 40 during Q3. Serba Dinamik net profit jumps to RM148m in Q3 and 30% increase YoY. This is 17th record consecutive profits from Serbadk Dinamik
Fantastic and Well-Done Datuk Karim!
Waiting patiently for my Lobsters in Armada...2.5 sen to go...
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....
RJ87
5,134 posts
Posted by RJ87 > 2020-11-20 18:34 | Report Abuse
i3lurker, u r right. Armada's assets are well covered and collateralized with oil price above 35-40.
That keeps banker on their chair.
But u need to know, our market is dominated by kong kam at the moment. U look at how market movement...It's more like "kong kam see, kong kam buy. Kong kam see, kong kam sell". U wanna try explain collateralized loan to kong kam? Good luck.
P.S. U go read 2019 post on armada. I'm done explaining how awesome armada and their turn around. It's just market is just too stupid to see, read or understand. Might as well, just understand them, and make profit from them. Better go see what KYY scream what to buy next. Easily make 100-200% like AT, 600-800% on Supermx. Come here read report until eye swell, make that puny 10-20%. Gimme a break.