Posted by Mabel > 2021-12-01 18:09 | Report Abuse

#Macgyver11 Something good news coming..maybe opec+ meeting positive
01/12/2021 4:43 PM

Yes Mac...

https://www.businessinsider.com/oil-price-outlook-brent-crude-150-barrel-opec-jpmorgan-2021-11?amp

To Our Success !

Meow

Posted by JoshuaMS7 > 2021-12-02 06:50 | Report Abuse

Haha trap counter, oil price below 68 usd, should below 0.400.

Posted by strattegist > 2021-12-02 09:42 | Report Abuse

red

Posted by RCZ2020 > 2021-12-02 10:59 | Report Abuse

Joshua why always sour grape story?

Posted by MM78 > 2021-12-02 12:02 | Report Abuse

Some share traders or short sellers tend to talk down the share price hoping to buy low by causing uneasiness in other shareholders. I find Armada's cash flow of about 1.5 times of its rolling 4 qtrs EPS is assuring. It means the Company would not be cash strapped and go bankrupt. Its FPSO contracts are long term , visibility of its long term earnings are quite good albeit increasing progressively. Wait till its Share Capital Reserves turned to positive next FY then it is allowed to pay dividend if approved by management and shareholders. Meanwhile we need to wait for the ONGC FPSO coming onstream for significant revenue and hopefully profit growth. Next FY would be very exciting for Armada shareholders.

Posted by louisongong > 2021-12-02 12:04 | Report Abuse

his just a poorboy,no money to buy only can shouting in here .

Posted by JoshuaMS7 > 2021-12-02 15:51 | Report Abuse

haha yaya i just foreseen US share market and oil price will be repeating March 2020 history and buy back armada. really loss some money in armada and waiting to earn back. :)

Posted by louisongong > 2021-12-02 18:09 | Report Abuse

poor boy.jealousy makes you lose your way and lose everything.

Posted by JoshuaMS7 > 2021-12-02 20:37 | Report Abuse

haha hope us share market and oil price don't crash, else sure armada go below 0.400 when oil price back below 50 usd..

Posted by strattegist > 2021-12-02 22:01 | Report Abuse

flat 0.45

Posted by Thirai Thiraviam > 2021-12-02 23:05 | Report Abuse

@MM78 - While the TTM earnings of BAB is encouraging, the company remains saddled with a huge debt, with an interest coverage of only 2.4.

Posted by RCZ2020 > 2021-12-03 14:39 | Report Abuse

Omicron detected in Malaysia. What's next? Market plunge?

Posted by Macgyver11 > 2021-12-03 17:24 | Report Abuse

Good lah can collect more..kikiki

Posted by RCZ2020 > 2021-12-03 20:47 | Report Abuse

Brent oil still doing good. I think no worries O&G counters

Posted by Mabel > 2021-12-04 08:38 | Report Abuse

OPEC+ managed to stabilize oil prices after what had been an incredibly volatile week, with the cartel adding plenty of caveats to its decision to stick to its plan vis-a-vis oil production increases.

Brent is back above USD 70...

To Our Success!

Meow

Posted by MM78 > 2021-12-05 05:30 | Report Abuse

@ Thirai Thiraviam While the TTM earnings of BAB is encouraging, the company remains saddled with a huge debt, with an interest coverage of only 2.4
02/12/2021 11:05 PM
Interest Cover of 2.4 is not too low and it also depend on if you derived the figures using EBIT or EBITDA. The management is cashing on its less productive OSVs and once its is done, it would improve both profits and cut down the debt level even faster. Armada has passed it worst debt situations 7 quarters ago and continue to improve further. Its strong cash flows from operations is impressively stable enough to meet its debts obligations.

Posted by strattegist > 2021-12-06 11:22 | Report Abuse

soft

Posted by sparrow > 2021-12-06 15:54 | Report Abuse

To me the only concern with armada is the diminishing order book, from 24bil 3years ago till now around 14bil, still enough to cover for the next 4-5 years but they'll need to replenish it very soon, as a comparison Yinson has 40bil+ orderbook. Fundamental wise as of now Armada is strong, hope they could win a few FPSO tender moving forward.

Posted by strattegist > 2021-12-06 17:39 | Report Abuse

closed red

Posted by Gabriel Khoo > 2021-12-06 21:14 | Report Abuse

Pls also include the option to extend the contracts

Posted by strattegist > 2021-12-07 09:36 | Report Abuse

stable

Posted by Robert Waters > 2021-12-07 10:37 | Report Abuse

Many new projects coming online. Prices of assets are increasing. Modest order book is a good thing as last minute contracts will fetch higher prices. This is the reward for taking risk.

Order at $30 oil was a shoe string type of deal.

Posted by strattegist > 2021-12-07 19:00 | Report Abuse

closed green

Posted by strattegist > 2021-12-08 10:59 | Report Abuse

steady

Posted by stupidddtrump > 2021-12-08 11:57 | Report Abuse

old man stock, wasting cost of opporturnity

Posted by strattegist > 2021-12-08 17:35 | Report Abuse

closed green

Posted by RCZ2020 > 2021-12-08 21:28 | Report Abuse

Oil price going up. O&G counters will do better

Posted by RCZ2020 > 2021-12-09 10:57 | Report Abuse

Oil 75+ but no effect on this counter. Nothing to shout about oil price

Posted by strattegist > 2021-12-09 11:00 | Report Abuse

stagnant

Posted by strattegist > 2021-12-09 20:43 | Report Abuse

closed green

Posted by strattegist > 2021-12-10 16:24 | Report Abuse

red

Posted by strattegist > 2021-12-10 17:21 | Report Abuse

closed red

Posted by armadatuah2017 > 2021-12-10 22:47 | Report Abuse

foreign funds are exiting because of additional transaction charges as stated in budgetary 2022

Posted by armadatuah2017 > 2021-12-10 22:47 | Report Abuse

MOF is dumb and he works in banks..he should know better

Posted by strattegist > 2021-12-13 10:17 | Report Abuse

stable

Posted by strattegist > 2021-12-13 17:52 | Report Abuse

closed green

Posted by RCZ2020 > 2021-12-13 22:01 | Report Abuse

Armada will touch 0.50 this week

Posted by strattegist > 2021-12-14 10:14 | Report Abuse

soft

Posted by strattegist > 2021-12-14 13:26 | Report Abuse

red

Posted by strattegist > 2021-12-14 17:14 | Report Abuse

closed red 0.445

Posted by strattegist > 2021-12-15 09:27 | Report Abuse

weak

Posted by strattegist > 2021-12-15 17:09 | Report Abuse

Closed red 0.435

Posted by hoot9e996 > 2021-12-16 04:38 | Report Abuse

weak soft weak soft aiyo. O&G sector in malaysia ALL weak, pn17, penny price what else

Posted by strattegist > 2021-12-16 09:52 | Report Abuse

stable

Posted by hoot9e996 > 2021-12-16 11:30 | Report Abuse

stable? close green 0.45!!!!!

Posted by strattegist > 2021-12-16 14:56 | Report Abuse

good green

Posted by MoneyMakers > 2021-12-16 15:09 | Report Abuse

Never doubt oil

Posted by hoot9e996 > 2021-12-16 15:10 | Report Abuse

nice nice close 45c

Posted by hoot9e996 > 2021-12-16 16:52 | Report Abuse

thanks armada

Posted by strattegist > 2021-12-16 18:37 | Report Abuse

green 0.455