we want armada to change from goreng share to holding share...from shorterm to longterm...sustainable earning...healthy cashflow...the key for price stability...wish armada all the best.
FY 2021 1st quarterly EPS @ 2.77 sen is the highest since Q 2 FY 2014 which was announced on 24 August 2014. The share price then was at RM 2.04 before it plunged down further along with declining of EPS since. Should the next 2- 3 quarter produce average EPS of 2.5 sens barring any surprise impairment ( should be less risks now given 16 OSVs were sold off the last 2 qtrs and rising oil price lately) ;it would not be far fatch to expec 80 sens to RM 1.00 share price . I stand to be corrected in the next 6- 9 months. 16/06/2021 1:19 PM
TheGardener, not familiar with Black Scholes 76 formula to go into futures options. Will never invest in a counter like Serba that will likely go bust. I was just watching in case the investors over there were to pee in their pants and the pee may bounce over to other companies in the sector.
I would not read too much into Uthaya Kumar's sale of 200k shares at 0.48. He's an independent non executive director and collected the most fees among all the INEDs. He received RM547k fees for FY2020 and still need to sell shares worth RM96k? Maybe he got margin calls in Serba? Anyway, his fees should be cut or be voted out.
TheGardener @PSAi3alert You are earning smart money! Put some money into Oil future! My two cents no point take risk at Serba (5279)! 16/06/2021 2:17 AM
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....
strattegist
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Posted by strattegist > 2021-06-16 09:59 | Report Abuse
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