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 1 day ago

Macgyver11

2,492 posts

Posted by Macgyver11 > 2022-01-26 21:19 | Report Abuse

Seems oil 100 not a dream but reality. Good start for O&G counters

RCZ2020

848 posts

Posted by RCZ2020 > 2022-01-26 21:33 | Report Abuse

Yes oil moving forward to usd100. Good for O&G counters

Posted by bullmarket1628 > 2022-01-27 06:16 |

Post removed.Why?

serpent100

216 posts

Posted by serpent100 > 2022-01-27 08:32 | Report Abuse

0.525 + 0.30 =0.825

Posted by bullmarket1628 > 2022-01-27 09:58 |

Post removed.Why?

amateurJR

2,366 posts

Posted by amateurJR > 2022-01-27 12:26 | Report Abuse

Ladyboy Mable blows his success story here. Haha

strattegist

23,459 posts

Posted by strattegist > 2022-01-27 12:36 | Report Abuse

steady

Posted by Robert Waters > 2022-01-27 15:27 | Report Abuse

Looks like 52 week high may be coming. And I can cash in my 52 sens (MYR 0.52) purchase for a small profit.
:-)

strattegist

23,459 posts

Posted by strattegist > 2022-01-27 15:52 | Report Abuse

stable green

Krrish17

17 posts

Posted by Krrish17 > 2022-01-27 16:19 | Report Abuse

Look at Hibiscus go…BA is really slow moving up

alenac

2,653 posts

Posted by alenac > 2022-01-27 16:54 | Report Abuse

Big boss not supporting Armada? Need to wait for oil to move above USD90s?

strattegist

23,459 posts

Posted by strattegist > 2022-01-27 17:11 | Report Abuse

green 0.545

Posted by Indianajones > 2022-01-27 17:12 | Report Abuse

useless counter . move like turtle

Mabel

24,044 posts

Posted by Mabel > 2022-01-27 18:28 | Report Abuse

It's looking good guys. Today it touches 55...

Slowly and Surely...

To Our Success !

Meow

wazhab

255 posts

Posted by wazhab > 2022-01-27 18:52 | Report Abuse

Soon

nich0las

2,787 posts

Posted by nich0las > 2022-01-27 21:17 | Report Abuse

If this QR profit 100mil upwards, then cepat cepat bagi angkat pungkok tinggi tinggi. Lol..

nich0las

2,787 posts

Posted by nich0las > 2022-01-27 21:49 | Report Abuse

Brent 91, guess tomorrow how much will it be?

serpent100

216 posts

Posted by serpent100 > 2022-01-27 21:58 | Report Abuse

Hibiscus will rm1. 10....armada maybe maintain or up 0.005

alenac

2,653 posts

Posted by alenac > 2022-01-27 22:26 | Report Abuse

How reliable is RHB research?

serpent100 https://www.theedgemarkets.com/article/bumi-armada-process-rebounding-...
27/01/2022 8:52 PM

Bon888

3,368 posts

Posted by Bon888 > 2022-01-27 22:41 | Report Abuse

Meow, please feed Armada some Pfizer pills. Naik sikit already lembik. Never shoot up like rocket. No limit up history at all.

Posted by bullmarket1628 > 2022-01-28 05:47 | Report Abuse

Bumi Armada in process of rebounding higher, says RHB Retail Research
Surin Murugiah/theedgemarkets.com
January 26, 2022 07:37 am +08
https://www.theedgemarkets.com/article/bumi-armada-process-rebounding-higher-says-rhb-retail-research

KUALA LUMPUR (Jan 26): RHB Retail Research said Bumi Armada Bhd is in the process of rebounding higher following the recent pullback — displaying an intraday rebound above the 21-day average line on Tuesday (Jan 25).
In a trading stocks note on Wednesday, the research house said the bullish bias may re-emerge if it crosses above the 54 sen immediate resistance level in the coming sessions.
“If that happens, the bulls may push the stock towards the multi-year high of 60 sen, followed by 75 sen.

Posted by bullmarket1628 > 2022-01-28 06:00 |

Post removed.Why?

fudrud

33 posts

Posted by fudrud > 2022-01-28 11:26 | Report Abuse

RHB says if the stock rises then it will rise more, then they say if stock falls it will fall more. Really! Where do RHB get their financial analysts from!

serpent100

216 posts

Posted by serpent100 > 2022-01-28 11:34 | Report Abuse

@fudrud.....take ur own risk laaaa... Waulawei.... Like pasar aunties

strattegist

23,459 posts

Posted by strattegist > 2022-01-28 12:06 |

Post removed.Why?

strattegist

23,459 posts

Posted by strattegist > 2022-01-28 19:08 | Report Abuse

red 0.535

Bon888

3,368 posts

Posted by Bon888 > 2022-01-28 20:29 | Report Abuse

https://news.sky.com/story/cost-of-living-oil-hits-90-a-barrel-for-first-time-since-october-2014-12525977

Brent hits USD 90, 7 years high. When Armada going to hit multiple years high?

Posted by bullmarket1628 > 2022-01-29 06:50 |

Post removed.Why?

Macgyver11

2,492 posts

Posted by Macgyver11 > 2022-01-29 17:31 | Report Abuse

(Bloomberg) -- The release of oil from U.S. strategic reserves was a boon for trading houses, many of which participated in the government program for the first time in years thanks to a market structure that uniquely benefits them.

Trafigura Group and Macquarie Group were among the traders awarded oil from the Strategic Petroleum Reserve in an exchange agreement with the Department of Energy. The traders are set to take advantage of so-called backwardation, a price structure where the cost of oil for immediate delivery is higher than in the future.

The Biden Administration released oil from the strategic reserve in a bid to lower surging fuel costs that are adding to the nation’s worst bout of inflation in nearly 40 years. Gasoline has risen to the highest since 2014 as crude prices rose by 55% last year, prompting Biden to coordinate an unprecedented release of crude with other nations like India and China. The release accounts for about 6 days of supply to U.S. Gulf coast refiners.

The trading firms can sell the oil immediately to refiners for current prices -- West Texas Intermediate crude is trading in the high $80s, and are expected to pay back in some cases by Sept. 2024, currently priced about $20 a barrel less on the forward curve. They can lock in profits by buying call options that will give them the right to buy WTI in the high $60s when it’s time to return the crude, according to traders.

The Department of Energy offered to loan fuelmakers 32 million barrels, on condition they pay it back in oil by 2024. So far, 68% of the total offered was awarded, where at least half was taken by trading houses. The loan is part of a 50 million barrel release.

The trading houses set up supply agreements with refiners when the crude release was announced, according to people familiar with the matter. Some refiners likely didn’t take SPR crude directly because it would be cost prohibitive to provide the necessary letter of credit to cover the entire two-year period to return the oil.

Other trading companies and refineries chose not to participate in the exchange because it would mean spending extra for blending to meet quality specifications when they repay the oil, according to traders. Blending can be costly because the caverns historically have held a mix of local and foreign crude grades. Borrowers would also have to secure storage tanks and other logistics to eventually return the crude to the government, eating into potential profits.

Trafigura and Macquarie both declined to comment for this story.

Posted by Genghiskhan78 > 2022-01-29 20:47 | Report Abuse

一个内开战 !如果演变成世界第三大战 !油价最少200 美金 !油股下礼拜很多就涨停板了 !

Bon888

3,368 posts

Posted by Bon888 > 2022-01-29 23:25 | Report Abuse

Don't hope for WW3, we don't need and don't want to earn this kind of money. Armada is on the right path, as long as oil price above USD 60. One day we laughing all the way to the bank.

strattegist

23,459 posts

Posted by strattegist > 2022-01-31 09:28 | Report Abuse

steady

Posted by Indianajones > 2022-01-31 10:38 | Report Abuse

limit up konon. Oil already at 91, where is the limit up? so long as oil above 60, konon one day laughing to the bank. Kah kee kong kah kee song. If oil at 60 armada for sure back to 0.30. That's almost an Armada promise.
I'm liquidating from this " Si bei " in the queue for 0.545. Waiting 4 months only 10 cents, enough is enough.

Bon888

3,368 posts

Posted by Bon888 > 2022-01-31 10:50 |

Post removed.Why?

kelvin61

826 posts

Posted by kelvin61 > 2022-01-31 10:53 | Report Abuse

Armada's profit is stable and will get better with debt reduction on interest payment. The share price is also trading at PE 5 times. Rock solid share to hold. Don't gamble with hard earned money, be safe, cheers.

Michael Kwok

6,389 posts

Posted by Michael Kwok > 2022-01-31 10:53 | Report Abuse

Just sell above 65 cents.Tq.


Posted by Bon888 > Jan 31, 2022 10:50 AM | Report Abuse 

I'm holding Armada more than one year, not just few months. I not aiming just 30% limit up, I'm aiming multiple folds. Want to get limit up, go to chase high volume counters.

Posted by louisongong > 2022-01-31 10:57 | Report Abuse

Indianajones you are the mxther fxuker

Krrish17

17 posts

Posted by Krrish17 > 2022-01-31 10:58 | Report Abuse

Should be 0.60 close today

Michael Kwok

6,389 posts

Posted by Michael Kwok > 2022-01-31 11:10 | Report Abuse

See above.Tht wht can i can do.just ignore the trouble makers.


louisongong 
24 posts

 Posted by louisongong > Jan 31, 2022 10:57 AM | Report Abuse 

Indianajones you are the mxther fxuker


Krrish17 
12 posts

 Posted by Krrish17 > Jan 31, 2022 10:58 AM | Report Abuse 

Should be 0.60 close today

Bon888

3,368 posts

Posted by Bon888 > 2022-01-31 11:19 | Report Abuse

Want fast return this is not the counter. There a many swing up and down counters. One day you see this counter above 1.00 and swing up and down, please return then.

strattegist

23,459 posts

Posted by strattegist > 2022-01-31 11:24 | Report Abuse

stable green

strattegist

23,459 posts

Posted by strattegist > 2022-01-31 11:27 | Report Abuse

dung dung che... dung dung che

Posted by bullmarket1628 > 2022-01-31 12:13 |

Post removed.Why?

Posted by louisongong > 2022-01-31 12:26 | Report Abuse

在这里祝战舰的兄弟们!新年新气象!合家身体安康出入马路平安财富自动送入我家门,2022 大家兴!旺!发!啊~

nikicheong

2,500 posts

Posted by nikicheong > 2022-01-31 12:37 | Report Abuse

HUAT!!!

Bon888

3,368 posts

Posted by Bon888 > 2022-01-31 12:44 | Report Abuse

祝大家:新年快乐,一本万利,事事顺利!!!
最重要的是身体健康!

serpent100

216 posts

Posted by serpent100 > 2022-01-31 13:24 | Report Abuse

Hopefully armada can follow hibiscus... Up at least 5 to 10%... Not just 1%

strattegist

23,459 posts

Posted by strattegist > 2022-01-31 13:46 | Report Abuse

WISHING EVERYONE A VERY HAPPY HEALTHY WEALTHY AND PROSPEROUS CHINESE NEW YEAR...

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