Posted by alenac > 2021-06-03 12:51 | Report Abuse

Armada will only fly with announcement of more projects coinciding with Brent hit USD82++

Posted by Jjkcl > 2021-06-03 13:02 | Report Abuse

bright future armada

Posted by strattegist > 2021-06-03 13:22 | Report Abuse

hepi hepi hey

Posted by strattegist > 2021-06-03 13:23 | Report Abuse

nyum nyum hey

Posted by andybong12 > 2021-06-03 13:27 | Report Abuse

later in afternoon
WC：hoot9E armada

Posted by strattegist > 2021-06-03 15:15 | Report Abuse

green hijau

Posted by strattegist > 2021-06-03 15:16 | Report Abuse

hijau green

Posted by drago_7 > 2021-06-03 15:45 | Report Abuse

Just top up 1,000,000 units @ 0.48

Yummy.. and so delicious~!

Posted by Dante5566 > 2021-06-03 15:46 | Report Abuse

wow, vvip trader flex it nice

Posted by DragonEyes > 2021-06-03 16:08 | Report Abuse

Top up 1mil only?

Just top up 3mil unit @ 0.475

Posted by andybong12 > 2021-06-03 16:09 | Report Abuse

confirm fall before closing，no q at 475 at all

Posted by strattegist > 2021-06-03 16:19 | Report Abuse

sulah angkat barrels of kfc... nyum nyum

Posted by strattegist > 2021-06-03 16:20 |

Post removed.Why?

Posted by Macgyver11 > 2021-06-03 17:32 | Report Abuse

Yesterday close flat 0.455 today 0.47...tomorrow 0.50 kah

Posted by winmal > 2021-06-03 17:37 | Report Abuse

smart syndicate and hard for traders to make good profit if you chase high or you buy intraday. can't make any money.

Posted by myboss > 2021-06-03 18:05 | Report Abuse

bumi mana terbaik

Posted by strattegist > 2021-06-03 18:50 | Report Abuse

closed green

Posted by Macgyver11 > 2021-06-03 20:57 | Report Abuse

I hope brent can break 72 tomorrow...50 pasti mari

Posted by Michael Kwok > 2021-06-03 21:47 | Report Abuse

I Rebuy back at 46 cents.See got meat.40 percents more.If the next quarter can made 180-250 million.Then higher end 70 cents possible.
Mabel
12273 posts
Posted by Mabel > Jun 3, 2021 12:05 PM | Report Abuse

Hopefully today can break 50....

Meow Meow Meow

Posted by MatKoh > 2021-06-03 23:42 | Report Abuse

Of all the O&G stocks, Armada has been the best performing one. Waited so long and can't wait to see it go beyond 50 soon!

Posted by roger3210 > 2021-06-04 01:21 | Report Abuse

ANEKA（0226）业绩分享
以去年上市的公司来说，鲜少有公司至今依然处于低于 IPO 的价位 – 而今天分享的 ANEKA 以目前来说，对比其 IPO 价格的 RM 0.330 一股还低；那今天的分享将会讲述 ANEKA 的业绩、公司的前景以及公司的估值。不过由于公司并无按年可比较的数据，因此将主要对比 FY 2021 Q1 为准。

• ANEKA 在该季度（“FY 2021 Q2”）的营业额为 RM 29.3 Million，对比 FY 2021 Q1 的 RM 32.1 Million 下跌了 8.63%；而以目前来说，公司有约 RM 27.0 Million 或 92.00% 的营业额来自于马来西亚的业务，剩余的 8.00% 则是来自于印尼方面的业务。

• 管理层在季报内有提到，公司因为 MCO 2.0 而导致工程被拖缓；不过据我所知，公司在 MCO 后打桩机的使用率偏高，甚至于需要租借同行的机械来进行工程 – 反映出公司的业务已经持续出现了好转。

• 虽然公司并无提及他们的订单，但公司在近期内持续获得多个建筑项目的订单；如公司获得 Nakano Construction Sdn. Bhd.（“NCSB”）价值 RM 28.9 Million 的订单、同时也获得了 Gaya Kuasa Sdn. Bhd.（“GKSB”）价值 RM 16.4 Million 的订单以及最近其公司获得 IJM Construction Sdn. Bhd.（“ICSB”）价值 RM 77.8 Million 的订单，合计为 RM 123.1 Million，这除了反映出 ANEKA 的订单状况良好之外，也显示出建筑领域 – 尤其是私人领域依然在持续发展中。

• 另外，公司在 Note A9 内虽然提及公司分别有建筑业务（“Construction”）以及设备租凭（“Rental Equipment”）的业务；不过为了避免读者亲自阅读季报会混淆，直接参考建筑业务就行，基本上租凭的业务是公司属于自己的业务，在最后会被回扣出来。

• 以毛利而言，公司在该季度的毛利为 RM 4.8 Million，对比 FY 2021 Q1 的 RM 5.2 Million 下滑了 7.25%；管理层提及该季度的业绩下滑主要是因为营业额下滑，不过毛利率在该季度也从 16.14% 提升到该季度的 16.39%。

• 以净利而言，公司在该季度的净利为 RM 1.4 Million，对比 FY 2021 Q1 的 RM 0.5 Million 亏损则是改善了 399.14%；这主要是因为在 FY 2021 Q1 公司有一次性的 RM 2.2 Million IPO 费用导致亏损加剧 – 接下来公司并不会再被 IPO 费用影响。

• 提及 IPO 集资的资本来说，ANEKA 在近期也做出了非常有趣的举动；即公司原本将购置一台钻孔直径为 2.5 米、钻孔深度为 87.0 米的钻孔机械更换为暂钻孔直径 3.7 米、钻孔深度为 100.0 米的机械，另外也将原本打算偿还银行贷款的资金用在购置该钻孔上 – 以个人对于公司的了解，若非业务良好，公司鲜少会将偿还贷款的数额用在购置机械上，配合上述公司获得的合约，很难不想象公司接下来的业绩会持续改善。

• 以净经营现金流而言，公司在该季度的净经营现金收入为 RM 3.1 Million，而对比 FY 2021 Q1 的 RM 2.6 Million 净流出来说改善了许多；不过客观而言，建筑领域的现金流并不稳定，因此最好还是等待整个财政年完成再做出对于现金流的评估。

• 以公司的现金而言，目前 ANEKA 剔除在银行高达 RM 8.7 Million 的定存以及 RM 2.8 Million 的银行透支，实际流动现金为 RM 12.4 Million；虽然债务高达 RM 27.3 Million，但绝大部分都是贸易用的贷款，通常都为短期，因此短期内，公司应暂无现金流方面的问题。

• 目前 ANEKA 也依然并未公布派发任何股息。

以 ANEKA 这家公司来说，公司对比起其他的建筑领域的公司确实缺少曝光率。不过我们看到公司最坏情况已经过去，业务也随着公司获得众多合约有望持续改善。不过要回到公司巅峰的表现依然需要一段时间 – 而目前公司的估值为 52.12 倍的 P/E，若是以每个季度 RM 1.5 Million 的净利来计算的话，折合净利为一年 RM 6.0 Million；根据这样的计算方式而言 ANEKA 的未来 P/E 估值大约为 26.83 倍。

而有趣的是，公司的同行 ECONBHD（5253）目前依然是负 P/E 估值，而 PTARAS（9598）则是较为合理，目前在 12.25 倍。但已过去打桩领域来说，普遍比一般的建筑公司高出 2 倍左右的估值（ECONBHD 以及 PTARAS 的 5 年平均值分别为 32.10 倍以及 21.10 倍），因此 ANEKA 如果持续获得新的合约，继续成长下去的话，则是非常不错的。配合目前市场因为疫情而恐慌，ANEKA 的股价也并无太大的波动，或许大家可以开始关注这家比较被市场冷落的建筑公司。

Posted by bullmarket1628 > 2021-06-04 06:45 | Report Abuse

Wow, oil price continue to rise !
Brent closed at $71.41 ‪+0.06 +0.08%‬

Huat ah, Heng ah, Ong ah !‬

Posted by starc30 > 2021-06-04 09:02 | Report Abuse

Back to 0.46

Posted by andybong12 > 2021-06-04 09:11 | Report Abuse

Lol no power liao la this week, can get 0.49 happy lo

Posted by strattegist > 2021-06-04 09:38 | Report Abuse

melah melah hey

Posted by Jojobaa > 2021-06-04 11:20 | Report Abuse

https://www.oedigital.com/news/488146-lukoil-ceo-expects-opec-to-raise-oil-output

SC assets got jobs to secure.

Posted by nikicheong > 2021-06-04 11:44 | Report Abuse

https://www.incegd.com/en/news-insights/maritime-court-considers-unclear-dispute-resolution-clause-charterparty

Insights / 02-06-2021 / Dubai, London

Armada Ship Management(s) Pte Ltd v. Schiste Oil and Gas Nigeria Ltd (Armada Tuah 101) [2021] EWHC 1094 (Comm)
In this case, the dispute resolution clause in the charterparty was unclear because of the manner in which amendments had been made to its standard terms. Upon the claimant making an application under s.32 Arbitration Act 1996 (“AA 1996”) for a declaration that a sole arbitrator had been validly appointed, the Court held that such applications are inappropriate where the defendant fails to participate in the arbitration. In such cases, s.72 AA 1996 preserves the non-participating party’s right to challenge jurisdiction.

The background facts
A dispute arose under an amended Supplytime 2005 charterparty (the “Charterparty”) regarding unpaid invoices allegedly due from Schiste Oil and Gas Nigeria, the Charterers of MV Armada Tuah 101 (the “Vessel”), to Armada Ship Management, the Owners of the Vessel.

Box 34 of Part I of the Charterparty provided for English law and arbitration in London. The amended standard clause 34 of Part II further provided:

34 BIMCO Dispute Resolution Centre
(a) This Charterparty shall be governed by and construed in accordance with English law and any dispute arising out of or in connection with this Charterparty shall be referred to arbitration in London in accordance with the Arbitration Act 1996 or any statutory modification or re-enactment thereof save to the extent necessary to give effect to the provisions of this Clause. The arbitration shall be conducted in accordance with the London Maritime Arbitration Association (LMAA) and UNICITRAL [sic] Terms current at the time when the arbitration proceedings are commences.
The reference shall be to three a single arbitrators. A party wishing to refer a dispute to arbitration shall appoint its arbitrator and send notice of such appointment in writing to the other party requiring the other party to appoint its own arbitrator within 14 calendar days of that notice and stating that it will appoint its arbitrator as sole arbitrator unless the other party appoints its own arbitrator and gives notice that it has done so within the 14 days specified. If the other party does not appoint its own arbitrator and give notice that it has done so within the 14 days specified, the party referring a dispute to arbitration may, without the requirement of any further prior notice to the other party, appoint its arbitrator as sole arbitrator and shall advise the other party accordingly. The award of a sole arbitrator shall be binding on both parties as if he had been appointed by agreement.
Nothing herein shall prevent the parties agreeing in writing to vary these provisions to provide for the appointment of a sole arbitrator.
[…]
In April 2020, the Owners attempted to refer the dispute to LMAA arbitration and invited the Charterers to agree to the appointment of a sole arbitrator. The Charterers did not respond substantively. The proposed sole arbitrator expressed concern that clause 34(a) was confused and left the scope of his appointment and jurisdiction unclear.

The Owners applied to the LMAA for the appointment of a sole arbitrator, given that the parties could not agree. Pursuant to para. 11 of the LMAA Terms 2017, the LMAA President duly appointed a sole arbitrator (who was different to the sole arbitrator initially proposed by the Owners).

Subsequently, the Owners obtained the arbitrator’s consent to apply to the Court under s.32 AA 1996 for a determination and declaration regarding the validity of the sole arbitrator’s appointment.

The Commercial Court decision
The Court found that the requirements of s.32 had been met in principle in this case, namely: “that the determination of the question is likely to produce substantial savings in costs”; “that the application was made without delay”; and “that there is a good reason why the matter should be decided by the court” (s.32(2)(b)(i)-(iii)).

However, the Court also held that the s.32 procedure was not appropriate in circumstances where s.72 was engaged. Where s.72 preserved a non-participating party’s right to challenge jurisdiction, an order under s.32 could result in a determination on the question of jurisdiction against the interests of a party who had the protection of s.72.

Position if s.72 AA 1996 did not apply
Nonetheless, in order to assist the tribunal, the Court gave a non-binding indication of what its decision would have been in relation to the construction of the dispute resolution clause had a s.32 application been appropriate.

The Court found that the amendments the parties had made to clause 34 evidenced their intention that disputes should be determined by a sole arbitrator. However, it was unclear how that arbitrator would be appointed given the reference to both LMAA Terms and UNCITRAL Rules. Article 8(1) of th

Posted by nikicheong > 2021-06-04 11:45 | Report Abuse

How come we don't know about this case.

Posted by armadatuah2017 > 2021-06-04 12:23 | Report Abuse

not much financial effect on the company, armadatuah is ahts or accommodation work barge i can't recall

Posted by strattegist > 2021-06-04 12:33 | Report Abuse

steady hey

Posted by Macgyver11 > 2021-06-04 12:53 | Report Abuse

0.50 pasti mari...kikiki

Posted by nikicheong > 2021-06-04 12:54 | Report Abuse

You can't recall? It is you and you can't recall ke? REALLY!?!?!? Why having a name like that then. So shame!!

Posted by bullmarket1628 > 2021-06-04 14:45 |

Post removed.Why?

Posted by Bon888 > 2021-06-04 15:01 | Report Abuse

@Zonefinder Velesto is the dragon. Armada is a fleet of warships. Armada fire cannons and missiles. Full force now!

Posted by gogogolee > 2021-06-04 15:11 | Report Abuse

next week wil touch 0.50

Posted by bullmarket1628 > 2021-06-04 15:11 |

Post removed.Why?

Posted by strattegist > 2021-06-04 15:14 | Report Abuse

nyum nyum

Posted by strattegist > 2021-06-04 15:15 | Report Abuse

barrels of kfc

Posted by strattegist > 2021-06-04 15:15 |

Post removed.Why?

Posted by Robert Waters > 2021-06-04 15:31 | Report Abuse

Selling pressure to increase ?

My agent/broker told me that the best deals are on Friday afternoon, just before the end of trading. That is because some traders do not wish to be stuck with securities for weekend.

But not today.
:-)

Posted by nikicheong > 2021-06-04 16:04 | Report Abuse

You should fire your agent/broker for talking nonsense

Posted by Macgyver11 > 2021-06-04 16:51 | Report Abuse

Ya kah..0.50 coming

Posted by Macgyver11 > 2021-06-04 17:04 | Report Abuse

Close green..yesterday closed 0.47 today closed 0.475...next wk 0.50 mari.

Posted by Macgyver11 > 2021-06-04 17:09 | Report Abuse

Down or up little bit nevermind it's worth to hold bumi indah bumi armada...kikiki

Posted by Macgyver11 > 2021-06-04 17:11 | Report Abuse

After 2nd qtr guarantee pecah 0.50 punya.

Posted by Macgyver11 > 2021-06-04 17:26 | Report Abuse

Ya kah...I suggest you go to other counters then. O&G not for you since you lost money

Posted by myboss > 2021-06-04 17:52 | Report Abuse

prasarana should invest here, kiss kiss go up next qtr

Posted by strattegist > 2021-06-04 18:04 | Report Abuse

closed green

Posted by strattegist > 2021-06-04 18:04 | Report Abuse

naik sikit hey

Posted by strattegist > 2021-06-04 18:05 | Report Abuse

kira wokeh laaa hey