Posted by RISK8888 > 2021-03-26 09:18 | Report Abuse

Armada can still perform during pandemic when oil price is historical low. moving forward can only be better. buy for midterm sure no problem. Main focus is not about how much profit it generate, is more on the amount of cash armada is creating every quarter. the debt had been reduce substantially for the past 3 years from 11bil ++ to 8 bil ++ it seems armada is generation at least 1.5bil cash each year. This is very healthy performance and looking at this rate, the debt level will get lower very soon. this year TP 0.6 is not an issue, looking at goreng price to TP 0.8.

Posted by i3lurker > 2021-03-26 09:44 | Report Abuse

next change

anchovy got no more shares to sell

back to 80 sen quite soon

Posted by strattegist > 2021-03-26 09:57 | Report Abuse

soft

Posted by MM78 > 2021-03-26 10:38 | Report Abuse

I agree Armada's positive operating cash flow is prudently used to reduce its loans by RM 1 billion each year hence its interest costs are also down. Though its past impairments and depreciations ( around RM 900 Million in year 2020) of its assets were bad for Armada profitability but it generated cash flow to pay down its loan too. There is no information available in Armada financial report of its remaining OSVs values which are more susceptible to oil prices fluctuations which affects its charters business.

Posted by strattegist > 2021-03-26 11:18 | Report Abuse

green

Posted by Robert Waters > 2021-03-26 12:48 | Report Abuse

My sincere apologies to the longs of this stock.

Whenever I buy more, it drops in value. And this time it lost almost 20% over two weeks. Harder than usual.

I warned when I did it at almost 50 sens lately.

But seems that this downtrend is now broken and we can resume way up.
Have patience.

By the way, Investor King was right. My bid for 48 sens was 'unmatched' even though stock was trading at 47 sens. I complained and got no reply. But I have shares for premium.

Posted by yjasonng2020 > 2021-03-26 12:59 | Report Abuse

https://twitter.com/JJ39132147/status/1375311052892606465?s=20

Posted by nikicheong > 2021-03-26 12:59 | Report Abuse

Bumi Armada, close two eyes also, will get EPS of 9 sen this year (average EPS 2.25 sen per quarter).

Next year, EPS per quarter will rise to 2.75 sen, total EPS 11 sen for the year when Armada Sterling V comes onstream.

This is discounting any possible improvements in the OSV segment, and also excluding any possible impairments.

So minimum EPS 9 sen in FY 2020, minimum EPS 11 sen in FY 2021...you do the maths.

My gut feeling is, dividends will resume next year. There will be so much excess cash.

Posted by DragonEyes > 2021-03-26 14:49 | Report Abuse

Well come back

Posted by strattegist > 2021-03-26 15:11 | Report Abuse

green

Posted by bullmarket1628 > 2021-03-26 15:12 | Report Abuse

Wow, oil price was super bullish !
Brent now at $62.99 ‪+1.04 +1.68%‬

Posted by strattegist > 2021-03-26 15:52 | Report Abuse

steady

Posted by bullmarket1628 > 2021-03-26 16:36 |

Post removed.Why?

Posted by bullmarket1628 > 2021-03-26 16:38 | Report Abuse

Next week probably will break above 0.50 or even 0.60 coz oil price continue it’s bull run !

Huat ah, Heng ah, Ong ah !

Posted by Tony008 > 2021-03-26 17:04 | Report Abuse

Good closing with the momentum bring over to next week.. Cheer guys and have a nice weekend

Posted by Tony008 > 2021-03-26 17:04 | Report Abuse

Good closing with the momentum bring over to next week.. Cheer guys and have a nice weekend

Posted by strattegist > 2021-03-26 17:20 | Report Abuse

closed green... 0.45

Posted by strattegist > 2021-03-26 17:21 | Report Abuse

next week maybe can redeem kupon for kfc...

Posted by bullmarket1628 > 2021-03-26 19:53 | Report Abuse

Houthis launch attacks on Saudi oil facilities, military sites
26 Mar 2021

https://www.google.com/amp/s/www.aljazeera.com/amp/news/2021/3/26/houthis-say-launched-attacks-on-saudi-arabian-oil-military-sites

Posted by bullmarket1628 > 2021-03-27 08:22 |

Post removed.Why?

Posted by strattegist > 2021-03-27 17:07 | Report Abuse

good

Posted by KAQ4468 > 2021-03-27 17:09 | Report Abuse

1 ringgit pasti mari

Posted by bullmarket1628 > 2021-03-27 18:43 | Report Abuse

Investors Are Betting Big On Energy Stocks In 2021
By Tsvetana Paraskova - Mar 25, 2021, 6:00 PM CDT

https://oilprice.com/Energy/Energy-General/Investors-Are-Betting-Big-On-Energy-Stocks-In-2021.html

Despite the recent sell-offs in oil, investors are warming up to the energy sector, which bore the brunt of last year’s shock of crashing oil prices and oil demand.   The energy sector has been the top performer in the S&P 500 index year to date, despite the price routs last week and earlier this week. Some exchange-traded funds (EFTs) tracking oil prices have surged since the start of 2021 as investors turned their attention to industries expected to benefit the most from the economic recovery. Energy is one of those, and analysts still see upsides for energy stocks and ETFs.....

Posted by RISK8888 > 2021-03-28 19:19 | Report Abuse

Political uncertainty again after UMNO meeting today. Monday will waterfall.

Posted by nikicheong > 2021-03-28 21:00 | Report Abuse

We huat huat this week yea.

Posted by Robert Waters > 2021-03-29 07:43 | Report Abuse

Best time to SELL for short term traders is NOW.

Suez canal looks bad. Oil price soared. A bit of a panic.

But everything that wedges can be unwedged. Especially with unlimited resources. Sooner or later ships will resume sailing the canal. And things will return to normal.

Long term players - better to wait for earnings and moving averages to move into all positive. Put impairments into span of 2 years ago.

Posted by Jjkcl > 2021-03-29 08:42 | Report Abuse

Upside momentum

Posted by strattegist > 2021-03-29 09:41 | Report Abuse

good

Posted by DragonEyes > 2021-03-29 10:10 | Report Abuse

good day

Posted by Xxxting > 2021-03-29 12:17 | Report Abuse

do u guys think oil price will touch 70us dollar again?

Posted by strattegist > 2021-03-29 12:30 | Report Abuse

soft

Posted by MoneyMakers > 2021-03-29 12:49 | Report Abuse

Suez canal almost cleared + EU lockdowns = short term oil pressure

Posted by Robert Waters > 2021-03-29 13:13 | Report Abuse

Yes. Horrible news struck sooner than expected. Container ship refloated. Traffic through canal to resume. Oil plunges.
But that is just short term moment of joy.
Long term prospects for this ship unchanged.
Those who sold - CONGRATULATIONS.

The rest are trapped.

Posted by strattegist > 2021-03-29 13:37 | Report Abuse

red

Posted by ee0623 > 2021-03-29 13:42 | Report Abuse

still holding for long term

Posted by James > 2021-03-29 13:43 | Report Abuse

oil price down (suez canal issue settled), political issue... Double down..zzzzz anyone average down now?

Posted by Xxxting > 2021-03-29 16:13 | Report Abuse

But still if econ recovered soon. I think oil price will surge up again. Its a matter of time for long term

Posted by ee0623 > 2021-03-29 17:04 | Report Abuse

whats the TP?

Posted by strattegist > 2021-03-29 17:17 | Report Abuse

closed red

Posted by Christcwl9 > 2021-03-29 17:29 | Report Abuse

Target to be around 70 sen range soon

Posted by TedTock > 2021-03-29 17:34 | Report Abuse

On what basis is that? ^

Posted by Jjkcl > 2021-03-29 18:13 | Report Abuse

0.80 more realistic

Posted by bullmarket1628 > 2021-03-29 18:30 | Report Abuse

Covid-19: Malaysia's daily cases drop to 941, lowest in four months
Syafiqah Salim/theedgemarkets.com
March 29, 2021 16:43 pm +08

https://www.theedgemarkets.com/article/covid19-malaysias-daily-cases-drop-941-lowest-four-months

KUALA LUMPUR (March 29): Malaysia's new Covid-19 infections dropped to 941 today, the lowest daily figure in four months...

Posted by dusti > 2021-03-29 18:31 | Report Abuse

You guys slap yourselves hard, again if it didn’t wake you up.
The grounded container is still there and will remain for a week or so. What happens to ARMADA tomorrow?

Posted by Macgyver11 > 2021-03-29 19:05 | Report Abuse

Contra traders kena kaw kaw...kikiki

Posted by bullmarket1628 > 2021-03-29 20:22 | Report Abuse

I foresee our daily new Covid-19 infections will dropped to 2 digits by end of April 2021, on that time Ho Sei Liao, our KLSE will spike up to break above 1,800 pts !

Huat ah, Heng ah, Ong ah !

Posted by Jjkcl > 2021-03-29 20:51 | Report Abuse

Evergreen ship is still stuck at Suez Canal

Posted by LossAversion > 2021-03-30 08:58 | Report Abuse

https://www.fxempire.com/forecasts/article/crude-oil-price-forecast-crude-oil-markets-continue-noisy-behavior-714419

Posted by strattegist > 2021-03-30 09:30 | Report Abuse

steady

Posted by Micias84 > 2021-03-30 10:25 | Report Abuse

Time to BUY..BUY now....Oil price will fly again...TP 0.80