BUMI ARMADA BERHAD

KLSE (MYR): ARMADA (5210)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

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

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.

i3lurker

14,256 posts

Posted by i3lurker > 2020-11-20 18:35 | Report Abuse

look at Genting, Big Boss used G shares for GENHK loan collateral..

https://www.malaymail.com/news/money/2020/08/21/report-genting-boss-commits-own-stake-for-hong-kong-units-loans-as-pandemic/1895767

//////“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.

Same applies for Armada as well....

wink wink

RJ87

5,134 posts

Posted by RJ87 > 2020-11-20 18:47 | Report Abuse

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.

TAK1

1,458 posts

Posted by TAK1 > 2020-11-20 20:33 | Report Abuse

https://www.offshore-energy.biz/force-majeure-notice-served-to-indias-ongc-for-bumi-fpso/

Some extra capex here for delay so longer profit waiting time.

Jpck150

23 posts

Posted by Jpck150 > 2020-11-21 11:14 | Report Abuse

NEW HIGH OIL PRICE :) CONGRATZ IN ADVANCE TO THOSE STILL HOLDING

Macgyver11

2,492 posts

Posted by Macgyver11 > 2020-11-21 14:22 | Report Abuse

Qtr gain for Armada.

Jjkcl

883 posts

Posted by Jjkcl > 2020-11-21 14:32 | Report Abuse

The bull has waken up

probability

14,490 posts

Posted by probability > 2020-11-21 14:39 | Report Abuse

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

probability

14,490 posts

Posted by probability > 2020-11-21 16:15 | Report Abuse

Here's the Coronavirus Vaccine Maker That's Most Likely to Blow Past Pfizer and Moderna

https://www.fool.com/investing/2020/11/20/coronavirus-vaccine-maker-past-pfizer-moderna/

Nov 20, 2020

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.

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2020-11-21 19:02 | Report Abuse

NEW HIGH don't know can NEW HIGH or not for the share price! 0.310 is the highest if not mistaken when the last 2 qtr announced few days!

Jjkcl

883 posts

Posted by Jjkcl > 2020-11-21 20:23 | Report Abuse

Every week up 2 cent....

KAQ4468

21,497 posts

Posted by KAQ4468 > 2020-11-21 21:37 | Report Abuse

1 year???

KAQ4468

21,497 posts

Posted by KAQ4468 > 2020-11-21 21:38 | Report Abuse

Hahaha

New bungalow.. New Audi.. New wife lorrrrr

freddiehero

16,722 posts

Posted by freddiehero > 2020-11-21 21:38 | Report Abuse

taniah Huhu.. let's money money come..

Posted by sense maker > 2020-11-22 11:51 | Report Abuse

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.

Michael Kwok

6,410 posts

Posted by Michael Kwok > 2020-11-22 13:17 |

Post removed.Why?

Michael Kwok

6,410 posts

Posted by Michael Kwok > 2020-11-22 13:26 | Report Abuse

Mabel the big cat launch missiles.Please dun sink Armada.Lol.

Posted by BatteriesNotIncluded > 2020-11-22 14:01 | Report Abuse

Price correction coming as shown in TA chart. RSI at 80% all time high. MACD all time high and about to cross like previous crossing. Volume down

Riaz1954

1,307 posts

Posted by Riaz1954 > 2020-11-22 20:14 | Report Abuse

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?.

GGecko

1,937 posts

Posted by GGecko > 2020-11-22 20:16 | Report Abuse

50 by spring time n 60 by summer time next year is surely possible

probability

14,490 posts

Posted by probability > 2020-11-23 00:24 | Report Abuse

https://www.bbc.com/news/world-us-canada-55036381

The first Americans to receive a Covid-19 vaccine could get it as soon as 11 December, according to the head of the US coronavirus vaccine programme.

Dr Moncef Slaoui told US network CNN the plan was to "ship vaccines to the immunisation sites within 24 hours" of a vaccine being approved.

CHLEONG888

924 posts

Posted by CHLEONG888 > 2020-11-23 07:50 | Report Abuse

How come the somebody did not shout heng, Huat and ong this morning?

strattegist

23,459 posts

Posted by strattegist > 2020-11-23 09:30 |

Post removed.Why?

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2020-11-23 15:56 | Report Abuse

kambing kambing buy buy buy!! breaking 0.300!! yahoo!!

Riaz1954

1,307 posts

Posted by Riaz1954 > 2020-11-23 16:45 | Report Abuse

Brent crude 46!!

GGecko

1,937 posts

Posted by GGecko > 2020-11-23 16:46 | Report Abuse

Christmas comes early this year for O&G

Donator

1,080 posts

Posted by Donator > 2020-11-23 16:46 | Report Abuse

Heng ah... Ong ah...Huat ahhh.....

strattegist

23,459 posts

Posted by strattegist > 2020-11-23 16:50 | Report Abuse

supertanker sailing mode...

i3lurker

14,256 posts

Posted by i3lurker > 2020-11-23 17:14 | Report Abuse

all happy happy

oil price going up daily basis

Jjkcl

883 posts

Posted by Jjkcl > 2020-11-23 17:33 | Report Abuse

Every week up a bit, uptrend

strattegist

23,459 posts

Posted by strattegist > 2020-11-23 17:49 | Report Abuse

good closing green..

strattegist

23,459 posts

Posted by strattegist > 2020-11-23 17:49 | Report Abuse

good volume as well

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2020-11-23 20:08 | Report Abuse

Waiting for 0.300

TAK1

1,458 posts

Posted by TAK1 > 2020-11-23 20:12 | Report Abuse

EPF to sell non dividen stocks.

tkl88

8,712 posts

Posted by tkl88 > 2020-11-24 00:30 | Report Abuse

Wow, oil price continue it’s bull run !
As at 12.30am,
Nymex=> $42.85 ‪(+0.43) (+1.01 %)‬
Brent => $45.80 ‪(+0.73) (+1.62 %)‬

‪Huat ah ! Heng ah ! Ong ah !‬

Mabel

24,083 posts

Posted by Mabel > 2020-11-24 00:44 |

Post removed.Why?

Mabel

24,083 posts

Posted by Mabel > 2020-11-24 00:45 | Report Abuse

#Michael Kwok Mabel the big cat launch missiles.Please dun sink Armada.Lol.
22/11/2020 1:26 PM

Meow Michael..

First missile will be launched when it breaches 30..

Trust me..

Meow Meow Meow

Posted by kenneth241 > 2020-11-24 08:16 | Report Abuse

Chip in now

strattegist

23,459 posts

Posted by strattegist > 2020-11-24 08:34 | Report Abuse

Good... all my 11 supertankers are in ready mode
for actions....

Donator

1,080 posts

Posted by Donator > 2020-11-24 09:40 | Report Abuse

should can go 0.30 today...

Posted by kenneth241 > 2020-11-24 09:44 | Report Abuse

More to come

Macgyver11

2,492 posts

Posted by Macgyver11 > 2020-11-24 09:44 | Report Abuse

Go go up up to 0.35

Posted by kenneth241 > 2020-11-24 09:45 | Report Abuse

Tmr go even higher

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2020-11-24 10:17 | Report Abuse

run!

Mabel

24,083 posts

Posted by Mabel > 2020-11-24 10:35 | Report Abuse

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...

Meow Meow Meow

strattegist

23,459 posts

Posted by strattegist > 2020-11-24 10:43 | Report Abuse

@Mabel... all my 11 supertankers being eaten by hungry piranha oredy...
now i m on relaxing mode...

Mikecyc

45,875 posts

Posted by Mikecyc > 2020-11-24 13:18 | Report Abuse

Year Revenue ('000) Net ('000) EPS Report
31 Dec, 2020 1,723,851 -18,574 -0.31
31 Dec, 2019 2,070,705 58,618 1.00 View
31 Dec, 2018 2,418,739 -2,302,769 -39.21

Mikecyc

45,875 posts

Posted by Mikecyc > 2020-11-24 13:22 |

Post removed.Why?

Post a Comment
Market Buzz