#i3lurker most probably Mabel is firing Cruise Missiles today
Cheers 04/12/2020 4:03 PM
Yes I3lurker, Mabel has taken profits from the sales of earlier two batches of Armada and today has decided to accumulate more FGV Shares when FGV shares drops 2 cents..
Meanwhile oil price continue to spike up !
As at 4.05pm, Nymex at => $46.49 (+0.85) (+1.86 %) Brent at => $49.73 (+1.02) (+2.09 %)
The Fires Works will starts as soon Brent breaches USD 50. All the Missiles will be launched from Mabel 11 Battleships and Supertaskers...
Mabel, oil price uptrend and super bullish from now onwards, must hot9e the O & G counters kaw kaw to earn big monies for early retirement ! if not, we will treat no good to ourself ! Haha..
not only oil price up,but today oilpalm price ups to new high cpo dec +186 to 3690,jan +142 to 3553,feb +107 to 3439 and mar +96 to 3341.j tiasa,taann,sop,tdm,sarawak plantation,bumitama,tecguan perdana,ijm plantation,hupseng plantation and etc.......must be patient.
Some of those plantation are already in Mabel's 11 collection.
Mabel has just a call from Priyanka. The price of red onions from India in the country has skyrocketed over the past two to three weeks to RM18 per kilogramme compared to only RM3 to RM4 per kilogramme previously.
Onions in India are grown in the Maharastha states where Soybean also grown. Since much of onion crops are destroyed by Floods Soybean also met the same fate. As such there will be huge price inflation for India with Soybean oil going up & up.
To alleviate the problem the Indian Govt has reduced Palm Oil duty by 10%
THIS WILL CAUSE 1.35 BILLION INDIANS TO BUY CHEAPER PALM OIL.
THE SAME PHENOMENAL IS HAPPENING IN CHINA..
CHINA NEW YEAR ON FEB 2021 WILL INCREASE MORE DEMAND FOR OUR PALM OIL.
JUST THESE COUNTRIES GOT OVER 2 BILLION CONSUMERS OF MALAYSIAN PALM OIL
THAT IS WHY MABEL IS ALSO SO BULLISH ON PALM OIL STOCKS IN GENERAL
paktua73 paktua rindu lapangan armada.. rj87..SuperPanda,jchew,ah kaq,mabel,and many more.. now..paktua have big responsible.. big team need to handle..
tut tut hope one day can play back here 04/12/2020 7:04 PM
Nice to have you back paktua73..
Let's rally this ship to the next level paktua, just like last year..
@Mabel John Chew has changed his name to Mickey Mouse..so malu now to use John Chew name after being washed away by Armada Tsunami last year to Indian Ocean
HiHiHi...
Meow 04/12/2020 11:27 P
I was having the impression this Mickey Mouse sounds like the disappeared John Chew who was and now is again very hard working of spreading the fears with no logical explanations of his negative views of Armada. Same patterns and smelled very fishy just like before.Spot on Mabel.
Despite Armada continues to rise up 1 sen today ; though it did break the price barrier of 37 sens and hit 38.5 sens high , there are still a few forumers here sounds panicky . We cant expect the stock price rise up a few sens each day continously , isnt a little fluctuations normal in share trading ? Hold your fort, the fundamental would dictate the Armada share price and as long as oil is holding up then the risk of OSVs impairment is less in next few quaters. EPS 6 sens next finnacial year is not a far fecthed figure. These are my 2 sens...
Market forces are intelligent and big, it is likely to act eventually base on fundamentals of the company performance, though syndicates may play us and disturb the share valuations. From time to time . As Armada continues to have positive cash flow due to profitability and paring down the loans we should be confident of the share price elevations future.
@ Vanbasten Make MM78 CEO with company car -Lexus 570 05/12/2020 10:14 AM Ha, I have already retired and am not qualified for such post in a Armada , though I have invested or stuck in this Armada shares for the last 5 years. You are generous , I can accept bicycle instead.....
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....
JoyOhi
165 posts
Posted by JoyOhi > 2020-12-04 15:34 | Report Abuse
Even if it go below 10 sen or 5 sen it will rebound back, armada is not a small company, they are huge. Just look at their strong current ratio.