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

Limitupppp

157 posts

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

But its not gonna affect armada bcoz it midstream

Sheng93

69 posts

Posted by Sheng93 > 2021-11-04 11:06 | Report Abuse

I am waiting to collect at lower more..hihihi..

RCZ2020

848 posts

Posted by RCZ2020 > 2021-11-04 17:47 | Report Abuse

Below.0.50 is too bad

Macgyver11

2,492 posts

Posted by Macgyver11 > 2021-11-04 21:14 | Report Abuse

Oil climb back again. The reality is Biden and King playing the game.

Macgyver11

2,492 posts

Posted by Macgyver11 > 2021-11-04 21:17 | Report Abuse

Russia referee..kiki

Sheng93

69 posts

Posted by Sheng93 > 2021-11-04 23:10 | Report Abuse

Oil reverse downtrend..OPEC decision doesn’t help to bring the price up to $100..hihihi

Limitupppp

157 posts

Posted by Limitupppp > 2021-11-05 03:47 | Report Abuse

Brent oil usd 80 gg

KoiFish

117 posts

Posted by KoiFish > 2021-11-05 09:15 | Report Abuse

Time to accumulate~~

Macgyver11

2,492 posts

Posted by Macgyver11 > 2021-11-05 09:35 | Report Abuse

Walaoeh!

1) Organization of the Petroleum Exporting Countries and their allies to stick to their current agreement, as expected, to raise monthly crude production by 400,000 barrels per day until December.

2) Weather forecast experts said this winter expected more cooler then previously.

3) Coal demand and supply crisis all around the world

4) World crude storage depleting rapidly as world begins reopen back Economy.

5) Covid cases plummeted dramatically as Vaccination reaches higher rate YTD. Even in Malaysia we're going for third Vaccine (booster vaccine)....amazing kan kan

6) Soon Tourism businesses will be flourishing and that means demand for Airlines fuels will sky rocketing..

7) And last but not least...inability of green energy to replace the fossil fuels yet (maybe later in near future but not for now...eeemm)

What all indicates...higher fossil fuel price. Walaoeh!! Super qtr for Armada coming soon....

strattegist

23,459 posts

Posted by strattegist > 2021-11-05 11:33 | Report Abuse

red

stainlyho37

2,273 posts

Posted by stainlyho37 > 2021-11-05 11:37 | Report Abuse

good time to collect..0.47/0.475....i see 495 later in a week or less....stand above 0.50 in shorttime...

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2021-11-05 14:58 | Report Abuse

what's wrong this ctr? broke 0.50 and going 0.40?

calvintaneng

56,242 posts

Posted by calvintaneng > 2021-11-05 14:59 |

Post removed.Why?

strattegist

23,459 posts

Posted by strattegist > 2021-11-05 16:08 | Report Abuse

weak

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2021-11-05 17:06 | Report Abuse

holland :(

Jkoay

103 posts

Posted by Jkoay > 2021-11-05 17:40 | Report Abuse

Another holland company. Be careful

strattegist

23,459 posts

Posted by strattegist > 2021-11-05 17:48 | Report Abuse

closed red

RCZ2020

848 posts

Posted by RCZ2020 > 2021-11-05 20:37 | Report Abuse

Slowly coming back to 0.44

Macgyver11

2,492 posts

Posted by Macgyver11 > 2021-11-05 22:36 | Report Abuse

Brent also have pulled back a bit during the session, but at this point in time it is likely that the $80 level will continue to be important, so therefore I think it is probably only a matter of time before we see buyers jump back into this market and push it back up. Quite frankly, I think this is a scenario where the value hunters will continue to come into this market and pick up “cheap oil” every time they can. I have no interest in shorting this market, I think we are light years away from being able to do so. Granted, this candlestick does not look that great, but we are already starting to see some of the short-term charts turn around a bit, so I would not be surprised at all to continue to see plenty of bounces along the way.

Mabel

24,044 posts

Posted by Mabel > 2021-11-05 23:43 | Report Abuse

The Brent crude benchmark will hit $120 per barrel by the end of June 2022, Bank of America said in a research note this week, cited by Bloomberg

Slowly and surely..

Meow

i3lurker

14,184 posts

Posted by i3lurker > 2021-11-06 08:32 | Report Abuse

30 years ago it cost USD50.00 to produce a barrel of crude oil from shale

Today at today's money it only costs USD30.00 to produce a barrel of crude oil from shale.

It entirely due to more advanced technology

US shale producers been happily dumping due to huge profits
and thats why crude oil stocks reported by EIA been increasing like crazy

Posted by Indianajones > 2021-11-06 10:28 | Report Abuse

"The Brent crude benchmark will hit $120 per barrel by the end of June 2022, Bank of America said in a research note this week, cited by Bloomberg"

Always in superlatives to "shiok sendiri". Oil hit $120 in JUne 2022 how is it helping to make the Armada vessel move now. By the time captain speedy arrive in Timbaktoo plantations ,the 120 barrels of oil unlikely to arrive. Better to Unload and buy new vessel.

Macgyver11

2,492 posts

Posted by Macgyver11 > 2021-11-06 11:08 | Report Abuse

After the opec+ announcement, crude dropped around five bucks.

As I said, that is a classic “buy the rumor, sell the fact” kind of thing given the run up in the morning that preceded the end of the meeting but, in the context of a market where supply remains restricted and demand is increasing, it makes little sense. Over the next couple of months, those basic facts of supply and demand look like remaining in place so, even though the OPEC+ announcement resulted in a drop in crude, I remain bullish, if a little more confused than I was before, at least until the end of the year.

Macgyver11

2,492 posts

Posted by Macgyver11 > 2021-11-06 11:12 | Report Abuse

Air France—KLM, noted the reopening of Canada and the U.S. for European citizens, and the reopening of Singapore. Lufthansa said this week that at the end of the third quarter, new bookings had already reached around 80 percent of the 2019 level.

Macgyver11

2,492 posts

Posted by Macgyver11 > 2021-11-06 11:14 | Report Abuse

The recent US policy change to reopen travel from 33 markets for fully vaccinated foreigners from 8 November is a welcome, if long overdue, development. Along with recent re-openings in other key markets like Australia, Argentina, Thailand, and Singapore, this should give a boost to the large-scale restoration of the freedom to travel,” said Willie Walsh, IATA’s Director General.

Macgyver11

2,492 posts

Posted by Macgyver11 > 2021-11-06 11:15 | Report Abuse

The recent US policy change to reopen travel from 33 markets for fully vaccinated foreigners from 8 November is a welcome, if long overdue, development. Along with recent re-openings in other key markets like Australia, Argentina, Thailand, and Singapore, this should give a boost to the large-scale restoration of the freedom to travel,” said Willie Walsh, IATA’s Director General.

Macgyver11

2,492 posts

Posted by Macgyver11 > 2021-11-06 12:06 | Report Abuse

Brent Market pullback to 80pb last Friday in align with Joe biden press released that he going release SPR stock to bring the natural O&G price down. SPR is USA national emergency oil reserve that only can be use during nation having supply shortage or kind of that.....

3. How have presidents tapped the reserve?

Beyond ad hoc responses to localized oil disruptions, the U.S. has only tapped its oil reserve a handful of times. In 2011, President Barack Obama released 30 million barrels as part of a joint effort with other nations to counter supply disruptions from Libya. In 2005, President George W. Bush released 11 million barrels in the wake of Hurricane Katrina. And in 1991, under President George H.W. Bush, 17 million barrels were released during the first Gulf War. In 2017, the Energy Department authorized the release of 5 million barrels to Gulf Coast refineries when Hurricane Harvey wreaked havoc on the region. Such arrangements are designed to address short-term emergency needs, and the crude is repaid, in kind, at a future date. Test releases take place from time to time, as well as limited releases in the form of swaps.

What going to happen next?

Will Biden release SPR stock to easing down oil price...

Or he just threaten the Opec+ allies.

Macgyver11

2,492 posts

Posted by Macgyver11 > 2021-11-06 12:15 | Report Abuse

The U.S. Department of Energy said all "tools are always on the table" to tackle tight energy supply conditions in the market.

The department made the comment amid questions about whether President Joe Biden's administration is considering tapping into its Strategic Petroleum Reserves (SPR) or pursuing a ban on oil exports to bring down the cost of crude oil.

Meanwhile, Biden's national security adviser urged energy suppliers to lift flows to meet demand, saying that the United States is concerned about their failure to do so.

The United States has used its strategic reserves on occasion, usually after hurricanes or other supply disruptions. However, since ending a 40-year ban on crude exports in 2015, the nation has become a significant exporter, and has not broached cutting exports.

Earlier this week, the Organization of the Petroleum Exporting Countries and allies (OPEC+) agreed to raise output only gradually, sending crude prices to multi-year highs.

Mabel

24,044 posts

Posted by Mabel > 2021-11-07 14:16 | Report Abuse

Like Mabel said why settle for one when you can have different flavours..

Mabel Black Pearl and Flying Dutchman Yinson is best combination Money can buy for midstream business..

Hibiscus is also great for upstream business..

Retracement is always an opportunity

To our success

Captain Mabel Sparrow

Mabel

24,044 posts

Posted by Mabel > 2021-11-07 14:18 | Report Abuse

Plantation Weather is so Beautiful. CPO OVER RM5,000!. All Mabel collection of Plantation in Malaysia, Singapore and Indonesia are so GREEN, FRESH and Lovely...just like Mabel's skin. Thanks to Mabel's Body Shops, Shampoo and Perfume. So Happy that our Investment in Plantations are able to feed 8 billion people across the planet. So happy to celebrate with our Indian friends this week from all over the world, Diwali the Festival of Light. Foods was delicious as my Indian friends cook their foods using Mabel Palm Oil. Mabel had a great time.

To our success

Mabel Farmeow..

Macgyver11

2,492 posts

Posted by Macgyver11 > 2021-11-07 16:11 | Report Abuse

https://www.nst.com.my/world/world/2021/11/743196/airlines-gear-travel-surge-us-reopens

NEW YORK: Airline reservations to the United States took off immediately after the White House announced the country would reopen to all vaccinated international voyagers starting next week, compelling a welcome -- if challenging -- industry pivot.

The long-awaited US move to welcome back international travelers -- which takes effect Monday -- follows 18 months of restrictions for 33 countries during the worst of the coronavirus pandemic that separated families, impeded business travel and frustrated tourists.

Macgyver11

2,492 posts

Posted by Macgyver11 > 2021-11-07 20:34 | Report Abuse

https://youtu.be/BH902QRxMR8

CHLEONG888

924 posts

Posted by CHLEONG888 > 2021-11-08 08:04 | Report Abuse

Calvintsneng,next better??????

stainlyho37

2,273 posts

Posted by stainlyho37 > 2021-11-08 08:55 | Report Abuse

look into energy stock again.....

Mabel

24,044 posts

Posted by Mabel > 2021-11-08 09:37 | Report Abuse

Indeed. Today all Mabel Armada Fleets of Battleships, Supertankers and Jet Fighters are cruising full speed and they have abundance of Fossil Fuel and Biofuel Supply to serve them to fly even to the moon. These Armada Fleets of fighters will be supported with Mabel's High Techs Missiles. Friday was a Fantastic day for all Techs. Mabel's Techs collection like MPI, Greatech, Vitrox, Inari, Penta etc etc were doing well.

...at Wall Streets...

Mabel's collection in Wall Streets did even better as Dow Jones and Nasdaq hits all times last week at 36,157 and 15,951 respectively. Some experts are targeting DJ to hit 42,000 by Q1 2022. Melt up is on target.. Even STI has already hit 3245 last week..

Stocks rallied to fresh record highs Friday following a stronger than expected jobs report that showed 531,000 jobs added in October and a revised gain of 312,000 in September. All three major market indexes closed at new all-time highs, even after a late drop in tech stocks weighed on the final Nasdaq number.

Pfizer said interim data showed its COVID-19 pill reduced the risk of hospitalization or death by 89%, which boosted classic reopening plays such as airlines and cruise ships. And positive momentum carried over from the Fed's signal this week that inflation is "transitory" and likely would not require a fast rise in interest rates.

For the week, the S&P 500 gained 2%, pushing its year-to-date gains to 25%, the Dow added 1.4%, and the Nasdaq rallied 3.1% for its best weekly showing since April.

To Our Success !

https://www.youtube.com/watch?v=GzGtEPdmR3g

Captain Mabel Sparrow

nikicheong

2,500 posts

Posted by nikicheong > 2021-11-08 12:16 | Report Abuse

Problems with Kraken. Need to keep an eye out for it!

Posted by Indianajones > 2021-11-08 12:43 | Report Abuse

This counter has many ifs and buts, if you are not losing do a swap.Day range 1 sen/2 sen at most.
Focus on Hibisc. You'll make more money short term. Collected some more this morning 0.875. Some big sharks collected loads of it at about noon, shoot to 0.905. Plan to release in a day or two. Good money.

CHLEONG888

924 posts

Posted by CHLEONG888 > 2021-11-08 13:51 | Report Abuse

Calvintaneng,next better why oil oalm??????

CHLEONG888

924 posts

Posted by CHLEONG888 > 2021-11-08 13:52 | Report Abuse

Calvintaneng,NEXT better??????

winmal

1,128 posts

Posted by winmal > 2021-11-08 14:42 | Report Abuse

Armada too boring to trader...

strattegist

23,459 posts

Posted by strattegist > 2021-11-08 15:09 | Report Abuse

good green

strattegist

23,459 posts

Posted by strattegist > 2021-11-08 15:09 | Report Abuse

steady

Macgyver11

2,492 posts

Posted by Macgyver11 > 2021-11-08 15:09 | Report Abuse

Oil moving Armada moving.

Macgyver11

2,492 posts

Posted by Macgyver11 > 2021-11-08 15:49 | Report Abuse

It's very nice if can close 0.50 today...

harisham74

172 posts

Posted by harisham74 > 2021-11-08 16:36 | Report Abuse

Strong show..today..

serpent100

216 posts

Posted by serpent100 > 2021-11-08 20:45 | Report Abuse

Boring's counter

strattegist

23,459 posts

Posted by strattegist > 2021-11-08 22:51 | Report Abuse

closed green

Macgyver11

2,492 posts

Posted by Macgyver11 > 2021-11-09 09:20 | Report Abuse

Heavy snowstorms hit northern side of china press reported. This year first show comes early then expected and temp in most area drops 8 to 10c...said Chinese meteorologists. Bone-chilling winter.. ghee!!

strattegist

23,459 posts

Posted by strattegist > 2021-11-09 10:37 | Report Abuse

steady

Posted by Robert Waters > 2021-11-09 12:40 | Report Abuse

We will have some excitement here once we approach annual highs. Could be by year end or after quarterly results.

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