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 > 2021-10-26 17:23 | Report Abuse

closed red

strattegist

23,459 posts

Posted by strattegist > 2021-10-27 10:03 | Report Abuse

steady

strattegist

23,459 posts

Posted by strattegist > 2021-10-27 17:53 | Report Abuse

closed flat

Posted by takuhara83 > 2021-10-27 17:59 | Report Abuse

Sapura very cheappp now guys. 10 sennn. Buy buy buyy and keep.

strattegist

23,459 posts

Posted by strattegist > 2021-10-28 09:58 | Report Abuse

weak

KoiFish

117 posts

Posted by KoiFish > 2021-10-28 11:13 | Report Abuse

Steady Bom bii bii

strattegist

23,459 posts

Posted by strattegist > 2021-10-28 12:02 | Report Abuse

red

Limitupppp

157 posts

Posted by Limitupppp > 2021-10-28 13:56 | Report Abuse

Brent oil price is not going to affect armada i dunno why those people sell haizzz

Limitupppp

157 posts

Posted by Limitupppp > 2021-10-28 13:57 | Report Abuse

Malaysia stocks market is like this too mant uneducated people

Macgyver11

2,492 posts

Posted by Macgyver11 > 2021-10-28 15:11 | Report Abuse

Market reaction...ignore

Macgyver11

2,492 posts

Posted by Macgyver11 > 2021-10-28 16:40 | Report Abuse

TOKYO, Oct 28 (Reuters) - Oil prices fell on Wednesday for a second straight day, with Brent hitting its lowest in two weeks after official figures showed a surprise jump in U.S. inventories of crude.

Brent crude dropped $1.36, or 1.6%, to $83.22 a barrel by 0130 GMT, a two-week low, having declined by 2.1% in the previous session.

U.S. oil fell $1.28, or 1.6%, to $81.38 a barrel, a one-week low, after dropping 2.4% on Wednesday.

Crude stocks rose by 4.3 million barrels last week, the U.S. Energy Department said, more than double the 1.9 million-barrel gain forecast by analysts.

The "hefty" stock build came "on the back of a large jump in net imports of crude oil and still sluggish refinery processing," Citi Research commodities analysts said in a note.

Still, gasoline stocks fell by 2 million barrels to the lowest in nearly four years, even as U.S. consumers struggle with rising prices to fill their tanks.

At the WTI delivery hub in Cushing, Oklahoma, crude storage is the most depleted in three years, with prices for longer-dated futures contracts indicating supplies will stay low for months. (Reporting by Aaron Sheldrick; editing by Richard Pullin)

2 wk a ago they said low inventory today suddenly high...market gimmick. Surprise jump in USA inventories

strattegist

23,459 posts

Posted by strattegist > 2021-10-28 23:44 | Report Abuse

closed red

Mabel

24,044 posts

Posted by Mabel > 2021-10-29 07:39 | Report Abuse

Do you know that Billions of shares of stock are bought and sold each day, and it's this buying and selling that sets stock prices. Stock prices go up and down when someone agrees to buy shares at a higher or lower price than the previous transaction. In the short term, this dynamic is dictated by supply and demand.

Ultimately, demand for a stock is driven by how confident investors are about that stock's prospects. In the short term, things like quarterly earnings reports that beat expectations, analyst upgrades, and other positive business developments can lead investors to be willing to pay a higher price to acquire shares. On the flip side, disappointing earnings reports, analyst downgrades, and negative business developments can cause investors to lose interest, thus reducing demand and forcing sellers to accept lower prices.

In the long term, the value of a stock is ultimately tied to the profits generated by the underlying company. Investors who believe a company will be able to grow its earnings in the long run, or who believe a stock is undervalued, may be willing to pay a higher price for the stock today regardless of short-term developments. This creates a pool of demand undeterred by day-to-day news, which can push the stock price higher or prevent big declines.

Sometimes demand for stocks in general increases, or demand for stocks in a particular stock market sector increases. A broad-based demand increase can drive individual stocks higher without any company-specific news. One example: The COVID-19 pandemic led to consumers increasing spending online at the expense of brick-and-mortar stores. Some investors believe this change is here to stay, which led to an increase in demand and higher prices for e-commerce stocks across the board. Likewise with O&G and Plantation. Brent crude oil was trading at US$86 (about RM357.59) per barrel, while crude palm oil closed at an all-time high on Wednesday with the benchmark palm oil contract for January 2022 rising by RM127 to RM5,071 a tonne.

The big picture is what matters

Long-term investors, don't much care about the short-term developments that push stock prices up and down each trading day. When you have many years or even decades to let your money grow, things such as analyst upgrades and earnings beats are irrelevant. What matters is where a company will be five, 10, or 20 years from now.

While a lot of ink is spilled about daily fluctuations in stock prices, and while many people try to profit from those short-term moves, long-term investors should be laser-focused on a company's potential to increase its profits over many years. Ultimately, it's rising profits that push stock prices higher.

So focus on the end game and ignore the noises. Elsewhere in the Deep Blue Ocean, all Energy Battleships and Supertankers plus Jet Fighters are cruising full speed.

The same with the Thick Green Jungle, all Plantation are Flourishing and Booming. Yesterday, one of Mabel Plantation gave Terengganu State Heritage Trust Board (LTAWNT) RM1.87 million its share of profit from the plantation and healthcare group. The payment was for last year's profit for the development of LTAWNT’s 1,336-hectare oil palm plantation by TDM at its Air Putih Estate in Kemaman. Earlier this week they launched the 6th Medical Centre. This will be complementary to the existing Medical Centre provided by Mabel Sunway and Sime Darby.

To SIR with Love..

Meow

Stock: [SERBADK]: SERBA DINAMIK HOLDINGS BHD

Oct 28, 2021 8:03 AM | Report Abuse

Ownership Breakdown

State or Government 4.4%, 147,000,000 shares
General Public 4.8%, 162,240,114 shares
Institutions 25.8%, 871,390,934 shares
Individual Insiders 65.0%, 2,192,163,030 shares

To be honest, what we discuss here does not make any difference..

All of us only hold 4.8% of Serba. Usually the silence the majority are the main holders.

To SIR with Loves...

strattegist

23,459 posts

Posted by strattegist > 2021-10-29 10:26 | Report Abuse

soft

Posted by Robert Waters > 2021-10-29 10:35 | Report Abuse

I will get some at 0.51 for short term. Makes sense to me. What the heck...

i3lurker

14,184 posts

Posted by i3lurker > 2021-10-29 10:46 | Report Abuse

oil traders believe a nuclear deal will be reached and Iranian oil will flood the market.

WTI crude supply reports show increasing stocks despite Cushing Oklahoma being on vapour balance.

Oil is now bearish and Armada share prices reflect these risk factors.

gogogolee

133 posts

Posted by gogogolee > 2021-10-29 11:34 | Report Abuse

stil can hold?

SHOB

607 posts

Posted by SHOB > 2021-10-29 14:13 | Report Abuse

drop more ,collect

Limitupppp

157 posts

Posted by Limitupppp > 2021-10-29 14:15 | Report Abuse

Haizzz very disappointed with malaysia market

Posted by armadatuah2017 > 2021-10-29 21:59 | Report Abuse

one more cun quarter plus contract for Caspian sea...it can break 0.55..last year failed to break this

Mabel

24,044 posts

Posted by Mabel > 2021-10-29 22:35 | Report Abuse

Yup..

Mabel think this time it will break 55...

Need to be a bit patience..

Meow

MM78

604 posts

Posted by MM78 > 2021-10-30 08:06 | Report Abuse

After the last few days of dropping prices , some weaker holders of Armada have already sold, higher probability of more buyers coming in . If drop further I would consider to buy more to add onto my holding. Armada Stirling would be in FY22 revenue contribution .

Mabel

24,044 posts

Posted by Mabel > 2021-10-31 11:42 | Report Abuse

#armadatuah2017 one more cun quarter plus contract for Caspian sea...it can break 0.55..last year failed to break this
29/10/2021 9:59 PM

Indeed. Last year Armada stopped at 55. This year we the Armadaian Battleship crew have the ambition to break this 55 Wall capitalising on the Bullish Brent Oil Price.

Black Pearl Weather Forecast

Moving Average (Short Term) NEUTRAL
Moving Average (Mid Term) STRONG
Moving Average (Long Term) STRONG
Ichimoku Kumo STRONG
RSI STRONG
Stochastic STRONG

Support : 0.49/0.46
Resistance: 0.53/0.57

The Wind is on our side boys . That all we need. Hoist the colours

https://www.youtube.com/watch?v=U787XGwZE90

Captain Mabel Sparrow

Gabriel Khoo

1,001 posts

Posted by Gabriel Khoo > 2021-10-31 19:46 | Report Abuse

From CIMB report
Oil & Gas ‘Makmur Tax’ may negatively impact Petronas Dagangan’s FY22F core EPS forecast by 10.7%; no or little impact on Velesto, Bumi Armada, Yinson, Sapura Energy, or Dialog

Petronas Dagangan (PDB) may be negatively affected by the ‘Makmur Tax’, as we forecast group pretax losses excluding associates at RM893m for FY22F. Virtually all of the group pretax losses are housed under the one single holding company, rather than split up across several subsidiaries. As a result, we estimate that the ‘Prosperity Tax’ may reduce PDB’s FY22F core net profit by up to RM71m (7 sen/share), or 10.7% of our current core net profit forecast of RM668m. The negative impact to our DDM-based target price is also c.7 sen/share, which is immaterial against our current target price of RM19.90.

Velesto is unlikely to be affected by the ‘Makmur Tax’, as we forecast group pretax profits for FY22F to be below the RM100m threshold for the application of the aforementioned tax. In any case, each of its jack-up rigs are housed in separate legal entities, and the RM100m threshold is to be measured on per-legal entity basis.

Bumi Armada is unlikely to be affected by the ‘Makmur Tax’, as its floating production storage and offload (FPSO) vessels are all based outside of Malaysia. Most of Yinson’s FPSOs are also based outside of Malaysia, with the exception of the FPSO Helang; we estimate that the FPSO Helang does not earn more than the RM100m threshold for the tax to apply.

Sapura Energy is unlikely to be affected by the ‘Makmur Tax’, as most of its work is outside Malaysia. For its Malaysian business, it may be able to use its carriedforward tax losses to offset any potential taxable profits, in our view.

Dialog is unlikely to be affected by the ‘Prosperity Tax’, in our view, despite our forecast of group pretax profits of RM726m in FY6/22F (RM446m from subsidiaries and RM281m from associates). This is because we expect the individual companies to either generate less than RM100m in pretax profits in the 2022 year of assessment, or for the individual companies to enjoy significant unutilised capital allowances and investment tax allowances that can be used to almost-fully offset taxable profits.

neck

4 posts

Posted by neck > 2021-10-31 19:59 |

Post removed.Why?

Posted by louisongong > 2021-10-31 22:03 | Report Abuse

sound is great!!!

Limitupppp

157 posts

Posted by Limitupppp > 2021-11-01 05:48 | Report Abuse

Malaysia market are too unmature and uneducated. Fundamental stocks are difficult to rise in malaysia

Limitupppp

157 posts

Posted by Limitupppp > 2021-11-01 05:49 | Report Abuse

And because too many holland guru lead their students to holland. Causing alot of ppl think that stocks market is a scam

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2021-11-01 09:25 | Report Abuse

why broke 0.500 :(

RCZ2020

848 posts

Posted by RCZ2020 > 2021-11-01 11:43 | Report Abuse

Useless. No reason dropping so drastic.

nikicheong

2,500 posts

Posted by nikicheong > 2021-11-01 14:55 | Report Abuse

Big month. Results in under 4 weeks time!

Posted by Indianajones > 2021-11-01 15:08 | Report Abuse

Niki
Expecting good qtr results . Higher operating cost?

nikicheong

2,500 posts

Posted by nikicheong > 2021-11-01 16:13 | Report Abuse

Expecting around RM150mil core net profit, with upside potential up to RM180mil underpinned by steady JV/associates earnings contribution.

At RM150mil per quarter (RM600mil per year), it is under 5x price-to-earnings ratio.

Next year, earnings will jump with Armada Sterling 5 contribution from Q3 2022 onwards.

Also, expect contract for the SC vessels in the Caspian sea to materialise in the next few months.

Downside at the moment is that Armada Sterling 5 deployment may see delays due to issues at Sembcorp Marine. Nothing concrete at this point, but be prepared for any delays. The soft share price over the past week may be due to insiders selling as they know about this.

Mabel

24,044 posts

Posted by Mabel > 2021-11-01 19:12 | Report Abuse

Mabel Black Pearl is so steady...

Can sleep like a Baby...

Meow

Mabel

24,044 posts

Posted by Mabel > 2021-11-01 19:13 | Report Abuse

#JoshuaMS7 why broke 0.500 :(
01/11/2021 9:25 AM

Must thanks the Finance Minister Mah

KLCI drops 30 points today..

Meow

Mabel

24,044 posts

Posted by Mabel > 2021-11-01 22:13 | Report Abuse

Today Bursa drop to
1530.920 = 31 mata
Volume = 3.471,673.400 = 3.229 billion traded
178 Counters Green ...996 Counters Red
Unchanged Counter = 337
Untraded Counter = 773
Only 85 counters are categorised as a strong pullback counter from more than 1000 counters. All thanks to our Finance Minister.

Mabel

24,044 posts

Posted by Mabel > 2021-11-01 22:14 | Report Abuse

85 of total 178 Counters Green BLUE CHIP COUNTERS or strong counter .

remaining (175 - 85 )...all Lari

Imagine from 3.2 billion Volume only 15% buy...balance from 3.2 billion are sell today

Mabel

24,044 posts

Posted by Mabel > 2021-11-01 22:15 | Report Abuse

Today all Mabel Biofuel Plantation are also down. Thanks to our Finance Minister Cukai Makmur. The only Mabel Plantation that are GREEN are Non Malaysian Plantation i.e Singapore Wilmar Plantation and Indonesia Bumitama Agri

Meow

Mabel

24,044 posts

Posted by Mabel > 2021-11-01 22:17 | Report Abuse

Bumi Armada is unlikely to be affected by the ‘Makmur Tax’, as its floating production storage and offload (FPSO) vessels are all based outside of Malaysia. Most of Yinson’s FPSOs are also based outside of Malaysia, with the exception of the FPSO Helang; we estimate that the FPSO Helang does not earn more than the RM100m threshold for the tax to apply.

Last year Armada stopped at 55. This year we the Armadaian Battleship crew should have the ambition to break this 55 Wall capitalising on the Bullish Brent Oil Price.

Black Pearl Weather Forecast

Moving Average (Short Term) NEUTRAL
Moving Average (Mid Term) STRONG
Moving Average (Long Term) STRONG
Ichimoku Kumo STRONG
RSI STRONG
Stochastic STRONG

Support : 0.49/0.46
Resistance: 0.53/0.57

The Wind is on our side boys . That all we need. Hoist the colours

https://www.youtube.com/watch?v=U787XGwZE90

Captain Mabel Sparrow

strattegist

23,459 posts

Posted by strattegist > 2021-11-02 06:55 | Report Abuse

red 0.495

Mabel

24,044 posts

Posted by Mabel > 2021-11-02 11:47 | Report Abuse

It's looking good...

Elsewhere Mabel's Techs, Plantation and Energy collection are cruising full speed today...

Dow Jones hits all times high last nite at 35,913. Some experts are targeting DJ to hit 42,000 by Q1 2022. Melt up is on target..

KLSE will be following....

Have a great week ahead everyone!

Meow

RCZ2020

848 posts

Posted by RCZ2020 > 2021-11-02 17:55 | Report Abuse

Can it break 0.55?

DragonEyes

214 posts

Posted by DragonEyes > 2021-11-02 20:41 | Report Abuse

When armada QR?

strattegist

23,459 posts

Posted by strattegist > 2021-11-02 22:57 | Report Abuse

closed green

gogogolee

133 posts

Posted by gogogolee > 2021-11-03 10:02 | Report Abuse

otw to 0.45

strattegist

23,459 posts

Posted by strattegist > 2021-11-03 12:08 | Report Abuse

soft

Posted by Indianajones > 2021-11-03 12:20 | Report Abuse

3 weeks ago , I commented on a swap strategy, from Armada to Hibiscus, roughly 400k shares. Hibisc range 0.89 - 0.945. Since then I have made 2 cycles of average 4 sen from hibisc. Solid profit RM30K in 3 weeks.

Niki expects 150-180 mil profit next qrt. Results out in 3 weeks. until then it will not move beyond 0.525. Even if it move it will have to breach the tough resistance of 0.55(R1), 0.58(R2-unlikely). Yah agree never fails to dissappoint.

Unloaded my last tranche of Armada 50k shares at loss. Fed up , Market no confidence on this engine (high debt, possibly higher operating cost, possible delay in Ar sterling contribution.

Going for my 3rd cycle on hibisc. Just collect this morning 0.885/890.
I 'm confident of making an average of 3-4 sen (0.920-0.925) by next week.

Dont talk to make yourself feel good, don't soak on something that is not moving. Move on. Consider options. Hibisc has dynamic daily trade range ,sometimes 3-4 cents daily. Easier to make money rather than waiting on a sluggish counter, the market have no confidence at this moment.

Happy trading . Giving you different perspective

Limitupppp

157 posts

Posted by Limitupppp > 2021-11-03 15:23 | Report Abuse

Last QR earn around 200millions+ if without impairment. This qr earn how much leh?

strattegist

23,459 posts

Posted by strattegist > 2021-11-04 00:08 | Report Abuse

closed red

Limitupppp

157 posts

Posted by Limitupppp > 2021-11-04 04:49 | Report Abuse

Brent oil usd 81

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