BUMI ARMADA BERHAD

KLSE (MYR): ARMADA (5210)

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Last Price

0.505

Today's Change

-0.005 (0.98%)

Day's Change

0.50 - 0.51

Trading Volume

3,869,100


45 people like this.

72,254 comment(s). Last comment by nikicheong 2 days ago

nikicheong

2,500 posts

Posted by nikicheong > 2021-09-02 15:23 | Report Abuse

Kraken

Average production of 23,690 Boepd (33,603 Boepd gross) remains in line with the Group’s 2021 guidance, which remains unchanged. The reduction from 2020 reflects the impacts of a riser tether repair and natural declines. Production and water injection efficiency remained strong at 90% and 92%, respectively, and the FPSO continues to perform well. To date, a number of maintenance activities have been undertaken allowing for the deferral of the planned shutdown to 2022. Subsurface and well performance remains good, with aggregate water cut evolution in line with expectations. A successful 3D seismic campaign was completed in July, providing valuable data for the Group to evaluate fully the development potential of the western area of the field, in addition to supporting ongoing optimisation of the main Kraken field, including potential infill opportunities.

----------------

Guidance and outlook

Operating costs are expected to be approximately $300 million, reflecting lower lease charter credits driven by higher uptime at Kraken, additional production enhancement scopes and topside maintenance activities at Magnus, higher diesel costs and sterling strength

nikicheong

2,500 posts

Posted by nikicheong > 2021-09-02 15:23 | Report Abuse

All in all, this is good news for Armada Kraken! It looks like Bumi Armada will be earning higher revenue/income from the FPSO as a result of "lower lease charter credits driven by higher uptime at Kraken", and potentially also "additional production enhancement scopes" which could be recognised as variation orders ("VO").

Posted by bullmarket1628 > 2021-09-03 07:27 |

Post removed.Why?

strattegist

23,459 posts

Posted by strattegist > 2021-09-03 08:05 | Report Abuse

good

Posted by SamLiRainMaker > 2021-09-03 09:07 | Report Abuse

uuk uuk... kluk kluk... prettttttttttt

i3lurker

14,192 posts

Posted by i3lurker > 2021-09-03 09:19 | Report Abuse

at this rate 46 sen will finish soon

Macgyver11

2,492 posts

Posted by Macgyver11 > 2021-09-03 10:12 | Report Abuse

Next going to hit 48 soon

strattegist

23,459 posts

Posted by strattegist > 2021-09-03 11:09 | Report Abuse

green

strattegist

23,459 posts

Posted by strattegist > 2021-09-03 17:45 | Report Abuse

closed green

alenac

2,653 posts

Posted by alenac > 2021-09-03 17:49 | Report Abuse

This counter seems to attract more buyers now. Hopefully will move but need next quarter results at least RM500 mill profit and oil price above USD82 to start the LU. Of course big boss big buy.

Mabel

24,047 posts

Posted by Mabel > 2021-09-04 09:39 | Report Abuse

Nice and lovely...

Let's see if it can break 55 sen this round...

Meow Meow Meow

Mabel

24,047 posts

Posted by Mabel > 2021-09-04 09:42 | Report Abuse

#i3lurker I know what you did last summer at DNex
01/09/2021 5:53 PM

Summer was lovely..

Let's see if Armada can beat Dnex's Ping this Auturm...

Meow Meow Meow

Mabel

24,047 posts

Posted by Mabel > 2021-09-04 10:19 | Report Abuse

Armada Chart looks so lovely...

Posted by bullmarket1628 > 2021-09-04 10:29 | Report Abuse

Langkawi To Welcome Local Tourists As ‘Pilot Project’ Starting 16 September
Published 2 days ago September 2, 2021

worldofbuzz.com/langkawi-to-welcome-local-tourists-as-pilot-project-starting-16-september/

Posted by bullmarket1628 > 2021-09-04 10:30 | Report Abuse

The government has agreed to open the tourism sector in several destinations under the ‘travel bubble‘ programme based on a list of conditions.

As reported by Utusan Malaysia, Prime Minister Datuk Seri Ismail Sabri Yaakob said, for a start, Langkawi Island was chosen as a pilot project to be reopened to local tourists on Malaysia Day, 16 September.

“We are pleased to inform that through the meeting, we agreed to open the tourism sector in several destinations under the “travel bubble” programme based on the conditions set. For a start, Langkawi Island has been selected as a pilot project to reopen to local tourists starting 16 September,” he said.

He added that it would not be long before other tourist destinations will also be a part of this project.

“Other tourist destinations will be allowed to operate when the locality vaccination rate reaches 80%,” he said.

Superup96

29 posts

Posted by Superup96 > 2021-09-04 10:41 | Report Abuse

Armada will be other one Dnex

Sheng93

69 posts

Posted by Sheng93 > 2021-09-04 11:46 | Report Abuse

How could u see than armada will be another DNEX?

Sheng93

69 posts

Posted by Sheng93 > 2021-09-04 11:47 | Report Abuse

Dnex shoot up to sky while armada down so many times ..

Mabel

24,047 posts

Posted by Mabel > 2021-09-04 13:04 | Report Abuse

#Superup96 Armada will be other one Dnex
04/09/2021 10:41 AM

As i3lurker said, Dnex rewards us with Roasted BBQ kambing for this summer..

Soon Armada will also reward us with another Roasted BBQ Kambing this Autumn..

Last week FGV and MPI rewards us with Roasted BBQ Kambing..

60 sen is kambing..

Let's see if it can break the 55 Operator's Resistance..

Meow Meow Meow

Mabel

24,047 posts

Posted by Mabel > 2021-09-04 13:06 | Report Abuse

Foreign Funds have started coming in looking for under value stocks..

Armada is definitely under value..

Meow

Superup96

29 posts

Posted by Superup96 > 2021-09-04 16:19 | Report Abuse

Continue to be patient, believe that the price will be higher by end of the year. Its trend is similar to Dnex previously

gogogolee

133 posts

Posted by gogogolee > 2021-09-06 09:49 | Report Abuse

pls break 0.50

Bon888

3,368 posts

Posted by Bon888 > 2021-09-06 10:16 | Report Abuse

Where is my BBQ Kambing?.. cakap kambing kambing, bau asap pun takde.

strattegist

23,459 posts

Posted by strattegist > 2021-09-06 10:53 | Report Abuse

red

Posted by bullmarket1628 > 2021-09-06 11:07 |

Post removed.Why?

Mabel

24,047 posts

Posted by Mabel > 2021-09-06 13:26 | Report Abuse

October, November, December is known to be a bullish period. There will be many opportunities given by the market during that time...

So Now we wait lor....

Meow

i3lurker

14,192 posts

Posted by i3lurker > 2021-09-06 13:28 | Report Abuse

This happens when retailers use margin and all dump at T+2

anyway winter is coming and a boom up is expected during winter months

Posted by warrenchok90 > 2021-09-06 14:45 | Report Abuse

I think soon will fly to 0.48 before october. Now i queing 100000 unit at the price 0.45.

Posted by warrenchok90 > 2021-09-06 15:06 | Report Abuse

Or perhaps armada will fly like dksh. Because its truly undervalue. Dksh fly when everyone notice its value. Same goes to armada.

strattegist

23,459 posts

Posted by strattegist > 2021-09-06 15:27 | Report Abuse

merah

strattegist

23,459 posts

Posted by strattegist > 2021-09-06 18:25 | Report Abuse

closed red

Macgyver11

2,492 posts

Posted by Macgyver11 > 2021-09-06 18:33 | Report Abuse

Toward 50...go go bumi ku Armada

starc30

44 posts

Posted by starc30 > 2021-09-07 10:03 | Report Abuse

Uzma can spike up but Armada still too heavy....

strattegist

23,459 posts

Posted by strattegist > 2021-09-07 10:31 | Report Abuse

pegun

Colin01

28 posts

Posted by Colin01 > 2021-09-07 14:25 | Report Abuse

No matter how many good Q, Armada just wont move, losing my patient already.

Mabel

24,047 posts

Posted by Mabel > 2021-09-07 14:57 | Report Abuse

Go Go Arma..

What's stopping you..

Meow Meow Meow

strattegist

23,459 posts

Posted by strattegist > 2021-09-07 17:36 | Report Abuse

closed flat

Bon888

3,368 posts

Posted by Bon888 > 2021-09-07 17:56 | Report Abuse

Loosing steam. Captain please wake up!

Posted by warrenchok90 > 2021-09-08 10:37 | Report Abuse

If today flat also mean tomorrow going to fly. Today last chance entry.

strattegist

23,459 posts

Posted by strattegist > 2021-09-08 10:54 | Report Abuse

pegun

serpent100

216 posts

Posted by serpent100 > 2021-09-08 13:17 | Report Abuse

Dont like knm..... Up take one month... Drop take one day....

strattegist

23,459 posts

Posted by strattegist > 2021-09-08 17:57 | Report Abuse

closed red

Bon888

3,368 posts

Posted by Bon888 > 2021-09-08 19:34 | Report Abuse

Armada got 4 consecutive quarters of profit record. The foundation is strong.

strattegist

23,459 posts

Posted by strattegist > 2021-09-09 10:40 | Report Abuse

pegun

Bon888

3,368 posts

Posted by Bon888 > 2021-09-09 15:16 | Report Abuse

Heng , Heng , Ong , Ong tapi pegun dan lembik.. need a new way to promote this stock.

strattegist

23,459 posts

Posted by strattegist > 2021-09-09 15:55 | Report Abuse

red

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2021-09-09 16:47 | Report Abuse

what happen to this counter? drop to 0.435 today?

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