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

strattegist

23,459 posts

Posted by strattegist > 2021-10-01 16:25 | Report Abuse

merah

strattegist

23,459 posts

Posted by strattegist > 2021-10-01 18:33 | Report Abuse

closed red

i3lurker

14,191 posts

Posted by i3lurker > 2021-10-01 22:18 | Report Abuse

(Bloomberg) -- The global energy crunch could help propel oil prices above $100 a barrel for the first time since 2014 and spur a global economic crisis, according to Bank of America.

Posted by bullmarket1628 > 2021-10-02 06:52 |

Post removed.Why?

Posted by bullmarket1628 > 2021-10-02 10:12 | Report Abuse

Today’s Sin Chew Jit Poh financial section front page got good news for all O&G counters !

油价起股价反跌 油气股料急起直追
特許费達協议 砂油气将活络
星洲日报 行业快门 洪建文/报道 2-10-2021

Kenanga Reseach upgrade O&G counters to 买进(BUY), 认为油气股股价和国际油价的”错配”,将带来短线交易和捞底的机会。
本地的油气活动之前受到封锁措施的打击,因此,该行看好2002年是复苏年,因为经济活动正重新开放、国家石油公司和全球企业将重新展开投资,尽管资本开销仍然低于疫情前。

sheep

3,849 posts

Posted by sheep > 2021-10-02 10:20 | Report Abuse

Year 2002? Didn't check or edit by writer or section panel or the person who posted it.., that showed their work ethics or attitudes...you want to believe him?..
Happy weekend buy stay safe, stay home....wakakaka

nashvz

263 posts

Posted by nashvz > 2021-10-03 19:56 | Report Abuse

anybody watching REACH? one of cheapest oil counter and below radar. tiny mcap and actually producing oil

nikicheong

2,500 posts

Posted by nikicheong > 2021-10-03 22:50 | Report Abuse

Fundamentals are intact. Keep holding.

Posted by bullmarket1628 > 2021-10-04 09:09 |

Post removed.Why?

i3lurker

14,191 posts

Posted by i3lurker > 2021-10-04 09:11 | Report Abuse

Winter is coming !!!

Posted by bullmarket1628 > 2021-10-04 09:22 |

Post removed.Why?

strattegist

23,459 posts

Posted by strattegist > 2021-10-04 09:35 | Report Abuse

green

Mabel

24,047 posts

Posted by Mabel > 2021-10-04 14:03 | Report Abuse

#Nickoliver any recommend about palm oil counters??
30/09/2021 8:34 PM

Here are some of the Good Plantation in Mabel's Collections

KL Kepong
Sarawak Oil Palm
IOI Corp
Sime Darby
TaaNN
Boustead
TSH

Mabel would have recommended FGV, unfortunately right now Mr Felda is trying to court her to be taken Private. It can be another MMC. Right now this is a political counter. Only collect if the price is below RM 1.30..

All the Best..

Meow

Mabel

24,047 posts

Posted by Mabel > 2021-10-04 14:07 | Report Abuse

When comes to Plantation, go for the East Malaysian Plantation. Oil & Gas Companies has only one Engine of Growth which is High Brent Oil Prices. So far so good as Oil is entering Winter Season & Oil demand might even spike higher if winter is very Cold.

Plantation Palm oil has 3 Engines of Growth: Her motivation to invest in Palm Oil is feeding 8 Million people across the Planet + Bio Diesel Renewable Energies +Land Opportunities. Malaysia Palm oil and palm oil products contributed more than RM70 billion in 2020 with an export volume of 17.7 million tonnes.

Despite lack of workers due to Pandemic, Do you know that Palm oil is currently contributing 3.6% of Malaysian GDP? This figure will improve in the future.

China will be the next engine of growth for our Palm Oil Industry due to the New Policies that has been imposed by the Chinese Government. The latest derivative is expected to entice international investors, particularly the commodity traders in China’s palm oil market at Dalian Commodity Exchange, to trade on both Exchanges concurrently.

Meow

cjm5555

107 posts

Posted by cjm5555 > 2021-10-04 14:22 | Report Abuse

Meow meow What about MHC plantation?

Mabel

24,047 posts

Posted by Mabel > 2021-10-04 14:43 | Report Abuse

Any Plantation should be fine..

Meow

Posted by Mikesinoda283 > 2021-10-04 15:27 | Report Abuse

Walaoeh, Sapura damn cheap right now.
better buy it now....before u regret

strattegist

23,459 posts

Posted by strattegist > 2021-10-04 16:01 | Report Abuse

steady

strattegist

23,459 posts

Posted by strattegist > 2021-10-04 17:02 | Report Abuse

green

strattegist

23,459 posts

Posted by strattegist > 2021-10-04 17:14 | Report Abuse

closed green

Yogi74

100 posts

Posted by Yogi74 > 2021-10-04 18:04 | Report Abuse

Sapura from rm2 to penny stock .

Macgyver11

2,492 posts

Posted by Macgyver11 > 2021-10-04 19:03 | Report Abuse

LONDON (Reuters) -OPEC and its allies are likely to stick to an existing deal to lift output by 400,000 barrels per day (bpd) of oil in November, three OPEC+ sources said on Monday, as they weigh the threat of new coronavirus surges against consumer calls for cheaper crude.

Opec most probably will stick with it's original plan according sources. Possibility brent will hit usd 80 and above tomorrow. Hang on for another ride tomorrow...

Gabriel Khoo

1,001 posts

Posted by Gabriel Khoo > 2021-10-04 21:58 | Report Abuse

82

Bon888

3,368 posts

Posted by Bon888 > 2021-10-04 22:43 | Report Abuse

To the Moon!

Bon888

3,368 posts

Posted by Bon888 > 2021-10-04 22:47 | Report Abuse

Is the time to break 0.50 and never come back again. Fly all the way up!

Bon888

3,368 posts

Posted by Bon888 > 2021-10-04 22:59 | Report Abuse

Sapura still in deep shit, Armada already out of the previous deep shit, 5 consecutive profit and positive operating cash flow.

Yogi74 Sapura from rm2 to penny stock .
04/10/2021 6:04 PM

Posted by bullmarket1628 > 2021-10-05 07:02 |

Post removed.Why?

Posted by bullmarket1628 > 2021-10-05 07:29 | Report Abuse

October 5, 2021 3:46 AM +08Last Updated 4 hours ago
Energy
Oil settles above $81 with OPEC+ sticking to output increase
By Laura Sanicola

https://www.reuters.com/business/energy/oil-falls-ahead-opec-supply-policy-meeting-2021-10-04/

Oct 4 (Reuters) - Oil jumped to a three-year peak on Monday after OPEC+ confirmed it would stick to its current output policy as demand for petroleum products rebounds, despite pressure from some countries for a bigger boost to production.
The producer club's decision to keep increasing oil output gradually sent prices sharply higher, adding to inflationary pressures that consuming nations fear will derail an economic recovery from the pandemic. read more
OPEC+ agreed in July to boost output by 400,000 barrels per day (bpd) each month until at least April 2022 to phase out 5.8 million bpd of existing production cuts.
Brent crude settled up $1.98, or 2.5%, to $81.26 a barrel. It rose 1.5% last week for a fourth consecutive weekly gain, and was back up to highs last seen in 2018.

U.S. oil settled up $1.74, or 2.3%, to $77.62 a barrel after gaining for the past six weeks, and was at its highest since 2014.
"Given the demand picture and the outcome of the OPEC meeting, the overall sentiment around crude is bullish," said John Kilduff, partner at Again Capital LLC in New York.
Demand for coal and natural gas has exceeded pre-COVID-19 highs with oil closely trailing, according to energy watchdog, the International Energy Agency. Three-quarters of global energy demand is still met by fossil fuels, with less than a fifth by non-nuclear renewables.
OPEC+, which groups the Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia, has faced pressure from some countries to add back more barrels to the market as demand has recovered faster than expected in some parts of the world.

Four OPEC+ sources told Reuters recently that producers were considering boosting output by more than had already been agreed. read more
The oil price rally has also been fuelled by an even bigger increase in gas prices, which have spiked by 300%, prompting switching to fuel oil and other crude products to generate electricity and for other industrial needs.

Bon888

3,368 posts

Posted by Bon888 > 2021-10-05 09:27 | Report Abuse

Armada has only one engine but it is a super charged engine!

Olé, Olé, Olé! Olé, Olé, Olé!

i3lurker

14,191 posts

Posted by i3lurker > 2021-10-05 09:34 | Report Abuse

congrats to all on your luck

stay close by
dun stray too far away

=> dun forget winter comes once a year.

by now sslee drawn like bee to honey in Armada

=> every winter sslee migrates to Armada

KoiFish

117 posts

Posted by KoiFish > 2021-10-05 09:49 | Report Abuse

Armada go !

serpent100

216 posts

Posted by serpent100 > 2021-10-05 11:17 | Report Abuse

Armada pls go like yinson or better than yinson... Yinson already 9% up

Posted by Nickoliver > 2021-10-05 11:36 | Report Abuse

lets go armada

calvintaneng

56,242 posts

Posted by calvintaneng > 2021-10-05 11:54 | Report Abuse

Armada better than Yinson

Armada is selling below Nta and Yinson sells above Nta

Armada P/E lowers than Yinson

Armada anytime !!

Posted by bullmarket1628 > 2021-10-05 12:02 |

Post removed.Why?

strattegist

23,459 posts

Posted by strattegist > 2021-10-05 12:15 | Report Abuse

green

strattegist

23,459 posts

Posted by strattegist > 2021-10-05 12:15 | Report Abuse

good

winmal

1,128 posts

Posted by winmal > 2021-10-05 12:16 | Report Abuse

Armada not for trading ... easy flush out and loss money if you are trying to contra

Mabel

24,047 posts

Posted by Mabel > 2021-10-05 13:51 | Report Abuse

Nice and lovely....

Let's see if it can breaches 50 today....

Meow...

serpent100

216 posts

Posted by serpent100 > 2021-10-05 14:14 | Report Abuse

After 50sen will drop again to 40 sen... Like march n jun....

Posted by warrenchok90 > 2021-10-05 14:18 | Report Abuse

Good profit <3 sold some.

strattegist

23,459 posts

Posted by strattegist > 2021-10-05 14:20 |

Post removed.Why?

Invest123

1,627 posts

Posted by Invest123 > 2021-10-05 15:45 | Report Abuse

Snail speed

xytraders

197 posts

Posted by xytraders > 2021-10-05 16:16 | Report Abuse

sell asap, dont ask why

Macgyver11

2,492 posts

Posted by Macgyver11 > 2021-10-05 16:31 | Report Abuse

Volume keep on increasing, once break 50 no more turning back. Go go Armada

Invest123

1,627 posts

Posted by Invest123 > 2021-10-05 16:32 | Report Abuse

Agree if oil price keeps going up.

Macgyver11

2,492 posts

Posted by Macgyver11 > 2021-10-05 16:43 | Report Abuse

Oil will not will but confirm hit all time higher, no doubt on that as opec allies stick with their original plan which is gradually increase the output and ignored USA calling to increase output. I think OPEC do with intentionally and they want price to go higher. Another extraordinary qtr coming soon.

Macgyver11

2,492 posts

Posted by Macgyver11 > 2021-10-05 16:50 | Report Abuse

Another good news... border will open soon and once flight takes off....fuel consumption will shoot up. This will give significant effect on world crude oil supply.

nikicheong

2,500 posts

Posted by nikicheong > 2021-10-05 16:53 | Report Abuse

Slow and steady. Expecting some good news soon :)

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