Posted by fudrud > 2022-02-21 15:30 | Report Abuse

why poor?

Posted by Macgyver11 > 2022-02-21 16:09 | Report Abuse

Bursa mandi laut merah hari ni. Even hibiscus earning good qtr drop like mad.

Posted by Macgyver11 > 2022-02-21 16:15 | Report Abuse

https://www.klsescreener.com/v2/news/view/953059/the-edge-singapore-s-top-10-global-stocks-for-2022

Posted by Macgyver11 > 2022-02-21 16:28 | Report Abuse

I think nothing got do with coming qtr. Biden hv talk with Putin to bring end the Russia Ukraine war. Investors caution over the oil price might drop.

Posted by Ninja _07 > 2022-02-21 16:46 | Report Abuse

Warrant expiring la this week

Posted by strattegist > 2022-02-21 17:13 | Report Abuse

red 0.495

Posted by bullmarket1628 > 2022-02-22 09:41 |

Post removed.Why?

Posted by bullmarket1628 > 2022-02-22 10:15 | Report Abuse

Putin orders Russian troops to Ukraine after recognising breakaway regions
By Andrew Osborn and Dmitry Antonov
22-2-2022

https://www.reuters.com/markets/europe/kremlin-says-no-concrete-plans-summit-with-biden-over-ukraine-2022-02-21/

MOSCOW, Feb 21 (Reuters) - Russian President Vladimir Putin ordered the deployment of troops to two breakaway regions in eastern Ukraine after recognising them as independent on Monday, accelerating a crisis the West fears could unleash a major war.
A Reuters witness saw tanks and other military hardware moving through the separatist-controlled city of Donetsk after Putin issued a decree recognising the breakaway regions and told Russia's defence ministry to send in forces to "keep the peace".
The moves drew U.S. and European condemnation and vows of new sanctions although it was unclear whether it was Putin's first major step toward a full-scale offensive in Ukraine that Western governments have warned about for weeks.
A senior U.S. official said the deployment to breakaway enclaves already controlled by separatists loyal to Moscow did not yet constitute a "further invasion" that would trigger the harshest sanctions, but that a wider military campaign could come at any time.
There was no word on the size of the force Putin was dispatching, but the decree said Russia now had the right to build military bases in the breakaway regions.
In a lengthy televised address packed with grievances against the West, a visibly angry Putin described Ukraine as an integral part of Russia's history and said eastern Ukraine was ancient Russian lands.
Russian state television showed Putin, joined by Russia-backed separatist leaders, signing a decree recognising the independence of the two Ukrainian breakaway regions - the self-proclaimed Donetsk People's Republic and the Lugansk People's Republic - along with agreements on cooperation and friendship.
Defying Western warnings against such a move, Putin had announced his decision in phone calls to the leaders of Germany and France earlier, the Kremlin said.
Moscow's action may well torpedo a last-minute bid for a summit with U.S. President Joe Biden to prevent Russia from invading Ukraine, which the senior U.S. official said was now in doubt.
Oil jumped to a seven-year high, safe-havens currencies like the yen rallied and U.S. stock futures dived as Europe's eastern flank stood on the brink of war. The rouble
extended its losses as Putin spoke, at one point sliding beyond 80 per dollar.
Ukrainian President Volodymyr Zelenskiy, who received a solidarity call from Biden, accused Russia of wrecking peace talks and ruled out territorial concessions in an address to the nation early on Tuesday.
Biden, who also spoke to French President Emmanuel Macron and Germany Chancellor Olaf Scholz, quickly signed an executive order to halt all U.S. business activity in the breakaway regions and ban import of all goods from those areas.
White House spokesperson Jen Psaki said the measures were separate from sanctions the United States and its allies have been readying if Russia invades Ukraine.
U.S. Secretary of State Antony Blinken said the executive order "is designed to prevent Russia from profiting off of this blatant violation of international law."
The U.N. Security Council was due to meet publicly on Ukraine at 9 p.m. EST Monday (0200 GMT on Tuesday), a Russian diplomat said, following a request by the United States, Britain and France.
German Chancellor Olaf Scholz's spokesman said Germany, France and the United States had agreed to respond with sanctions, while British Foreign Minister Liz Truss said Britain would announce new sanctions on Tuesday.
NATO Secretary-General Jens Stoltenberg accused Russia of "trying to stage a pretext" for a further invasion. Russia annexed Crimea from Ukraine in 2014.
In his address, Putin delved into history as far back as the Ottoman empire and as recent as the tensions over NATO's eastward expansion. His demands that Ukraine drop its long-term goal of joining the Atlantic military alliance have been repeatedly rebuffed by Kyiv and NATO states.
With his decision to recognise the breakaway regions, Putin brushed off Western warnings.
"I deem it necessary to make a decision that should have been made a long time ago - to immediately recognise the independence and sovereignty of the Donetsk People's Republic and the Lugansk People's Republic," Putin said.
A French presidential official said the speech "mixed various considerations of a rigid and paranoid nature".

Posted by bullmarket1628 > 2022-02-22 10:17 | Report Abuse

DIPLOMATIC WINDOW NARROWS
Putin has for years worked to restore Russia's influence over nations that emerged after the collapse of the Soviet Union, with Ukraine holding an important place in his ambitions.
Russia denies any plan to attack its neighbour, but it has threatened unspecified "military-technical" action unless it receives sweeping security guarantees, including a promise that Ukraine will never join NATO.
Recognition of the separatist-held areas will narrow the diplomatic options to avoid war, since it is an explicit rejection of a seven-year-old ceasefire mediated by France and Germany.
Separately, Moscow said Ukrainian military saboteurs had tried to enter Russian territory in armed vehicles leading to five deaths, an accusation dismissed as "fake news" by Kyiv.
Those developments fit a pattern repeatedly predicted by Western governments, who have accused Russia of preparing to fabricate a pretext to invade by blaming Kyiv for attacks and relying on pleas for help from separatist proxies.
Washington says Russia has massed a force numbering 169,000-190,000 troops in the region, including the separatists in the breakaway regions, and has warned of invasion at any moment.

Posted by Robert Waters > 2022-02-22 12:11 | Report Abuse

I start to think that insiders may know something. We will know after the earnings. Stock has been weak for a week. There must be a reason.
Now it is down when oil rallied $3.

Posted by winmal > 2022-02-22 12:32 | Report Abuse

something is not right .. if share price still continue dropping even oil price break recent year high

Posted by kmohan62 > 2022-02-22 14:17 | Report Abuse

Yes...something is amiss...whether the upcoming result is not good or it may be work of some syndicate to suppress the price and accumulate later on...

Posted by fudrud > 2022-02-22 14:44 | Report Abuse

Might be a debt story, with rates expected to rise this year investors are leaving companies with significant amounts of debt. All the FPSO L&O company's share prices have been falling since the 1st signals of rate rises...

Posted by nikicheong > 2022-02-22 14:58 | Report Abuse

Still okay for Bumi Armada, cause at the end of the day their loans were taken out at higher interest rate levels. Back then our OPR also around 3.0% to 3.5%, same with the Fed funds rate.

Only alarming if interest rates overshoots the previous levels.

In any case, Bumi Armada has benefitted significantly from the low rate environment. It will be able to stomach gradual rate increases.

Posted by MM78 > 2022-02-22 16:59 | Report Abuse

One wonders if BA is taking some fixed rate loans or variable rates with its total short and long term loan at RM 7.4 billions and for every 1 % rise of interests means RM 74 millions additional interests. However at its current profit level, it is still sustainable though.

Posted by fudrud > 2022-02-22 17:00 | Report Abuse

I dont know if they make this info public, but would make sense to have your long term
loans fixed. But we dont know...

Posted by fudrud > 2022-02-22 17:01 | Report Abuse

Someone lit a fire under the share price and made it move!

Posted by strattegist > 2022-02-22 17:17 | Report Abuse

closed green 0.515

Posted by Ninja _07 > 2022-02-22 17:18 | Report Abuse

Fuyooo... rocket shooting lor

Posted by Macgyver11 > 2022-02-22 17:21 | Report Abuse

So many wild speculation...chill man lets wait for the qtr result first. Enjoy your day.

Posted by Gabriel Khoo > 2022-02-22 20:23 | Report Abuse

Sukuk 1.5B. The remaining are TLs. The effect may not big. Assuming the rate will up progressively towards the end of 2023.

Posted by sparrow > 2022-02-22 21:42 | Report Abuse

According to 2020 annual report, almost half of their floating rate loan are hedged with interest rate swap, every 0.5% increase in interest rate will reduce PBT by 18mil p.a

Posted by JoshuaMS7 > 2022-02-23 05:45 | Report Abuse

Yaya increase interest rate mean increase debt to BA?

Posted by JoshuaMS7 > 2022-02-23 09:13 | Report Abuse

walao yesterday should trap ppls, today drop bk 0.495 again due to qtr report turn red?

Posted by Gabriel Khoo > 2022-02-23 09:50 | Report Abuse

2021 debt reduced. The pbt changes from sensitity analysis will narrow as well

Posted by strattegist > 2022-02-23 10:48 | Report Abuse

weak

Posted by abc1111111 > 2022-02-23 10:50 | Report Abuse

buy buy buy

Posted by nikicheong > 2022-02-23 10:55 | Report Abuse

Also weighted interest rate has been steadily falling, higher interest loans are being repaid first. So again, sensitivity will be lesser.

Posted by nikicheong > 2022-02-23 10:59 | Report Abuse

BUMI ARMADA is hiring for the following positions to be based at Menara Perak, Kuala Lumpur.

1. Estimation Manager
2. Completion Manager
3. Subcontract Manager
4. Construction Manager

Candidates with minimum 10 years of relevant experience are encourage to apply. For interested talent, please send your updated CV to careers.my@bumiarmada.com and indicate the position title in email subject. Only shortlisted candidates will be notified.

Posted by abc1111111 > 2022-02-23 11:31 | Report Abuse

all innnnnnnnn big move coming

Posted by ValueInvestor888 > 2022-02-23 11:50 | Report Abuse

loan interest reduced by over RM 10m per quarter due to improving cash flow every quarter.

Results should improve every quarter unless there is one off impairment that we don't know...

Posted by strattegist > 2022-02-23 17:47 | Report Abuse

red 0.505

Posted by MoneyMakers > 2022-02-24 08:38 | Report Abuse

Oiled up & ready 2 rocket

Posted by serpent100 > 2022-02-24 09:37 | Report Abuse

Tomorrow qr?

Posted by MoneyMakers > 2022-02-24 11:01 | Report Abuse

Best rocket fuel = brent usd100 + excellent QR

Posted by MoneyMakers > 2022-02-24 11:16 | Report Abuse

BREAKING: Ukraine under attack!! Multiple explosions..Putin declares military operation

Posted by trading2019 > 2022-02-24 11:46 | Report Abuse

The only counter I go for long. The rest I just short sell.

Posted by loneranger3211 > 2022-02-24 12:01 | Report Abuse

Now everyone is concentrating on oil counters

Posted by MoneyMakers > 2022-02-24 12:20 | Report Abuse

Only place 2 be @ oil+gold..pick whichever safe haven

Posted by nikicheong > 2022-02-24 12:22 | Report Abuse

Why is Armada going up LMAO, our profits/loss doesn't change with Ukraine war. Unlike others like Hibiscus which produce oil. Oh well, Mr Market being ever the manic.

Posted by bullmarket1628 > 2022-02-24 12:23 |

Post removed.Why?

Posted by Somsak007 > 2022-02-24 12:29 | Report Abuse

$100 skrg .... hehehe

Posted by Davidl > 2022-02-24 12:52 | Report Abuse

Empire strikes back!

Posted by bullmarket1628 > 2022-02-24 13:05 |

Post removed.Why?

Posted by strattegist > 2022-02-24 13:11 | Report Abuse

good green

Posted by strattegist > 2022-02-24 13:11 | Report Abuse

mabeles

Posted by MoneyMakers > 2022-02-24 13:13 | Report Abuse

Oil sure rocket when london/US session open

Posted by loneranger3211 > 2022-02-24 13:15 | Report Abuse

LU after lunch break?

Posted by VTrade > 2022-02-24 13:18 | Report Abuse

Tengok sini, so happy o…
Air liur pun keluar..

Posted by ID007 > 2022-02-24 13:20 | Report Abuse

230pm continue..