Posted by ID007 > 2022-02-25 19:10 | Report Abuse

market doesnt like this counter

Posted by JoshuaMS7 > 2022-02-25 22:18 | Report Abuse

haha no one can ensure this counter must up when overall are performed well?

Posted by soon2795 > 2022-02-25 23:17 | Report Abuse

ID007: Nolah. even Hibiscus and Coastal drop.

Posted by winmal > 2022-02-25 23:27 | Report Abuse

the fact is armada achieved record profit of 574 million. but share price still traded below 0.50cent than 2014 above rm 2.

Posted by sparrow > 2022-02-26 00:23 | Report Abuse

i guess it will have to show another year of consistent profit and pump up the order book then only it can get a higher valuation.

Wonder how low the share price can go if oil price normalize to 70+USD, although it has 0 impact to its profitability.

Posted by DannyArcher > 2022-02-26 00:25 | Report Abuse

@sparrow

oil has big impact on armada profit. i think 2nd highest impact in the list after pchem if i am not mistaken. least impact will be yinson, dialog, dayang and etc.

question is, oil went up so high, why their profit so low, and if oil price drop, then their profit drops and will have problem with their debt.

there got to be a reason it only went down since IPO

Posted by alenac > 2022-02-26 08:49 | Report Abuse

Good year for oil prices moving forward.

"The US and EU – and the UK, too, once it gets its act together – will move to effectively cut off Russia from global financial markets. This will have wide-ranging economic impacts, as Biden himself has already acknowledged. Russia will respond by taking action to weaponise its own debt stock in the event of a freeze, but also likely intentionally seek havoc on hydrocarbon markets. Medvedev has promised Europe should prepare for sky-high gas prices for the foreseeable future. The effects will be felt far beyond Europe. Russia and Ukraine remain the key global breadbaskets in terms of grain production, and Russia has slowly been consolidating political control over its grain trading and fertiliser industries. The aforementioned Deripaska sanctions sent aluminium markets into a tail-spin and many metals could be similarly affected again in the current crisis. Russia will also further invest in efforts to undermine the US-led financial order, though it cannot have any hope of success here without full coordination with China at a minimum."


https://www.aljazeera.com/opinions/2022/2/24/russia-and-the-west-are-moving-towards-full-out-economic-war

Posted by ChekHupCoffee > 2022-02-26 09:46 | Report Abuse

Does Armada has operations in Russia, Ukraine?

Posted by Gabriel Khoo > 2022-02-26 11:13 | Report Abuse

What Is Ahead For FY2022

•Sale of 3 ice-class OSVs for USD44.5m. DONE
•Armada Claire to be monetised.
•Complete construction of A98/2 FPSO.
•Refinancing of USD corporate term loan.
•New FPSO bidding opportunities with an O&G supermajor and/or existing charterer.
•Announcement of BAB’s integrated ESG strategy.

Posted by Gabriel Khoo > 2022-02-26 11:19 | Report Abuse

From Q4 Presentation Slides

Posted by abc1111111 > 2022-02-26 11:54 | Report Abuse

good QR buy buy buy buy all innnnnnnnnn

Posted by MoneyMakers > 2022-02-26 14:11 |

Post removed.Why?

Posted by Gabriel Khoo > 2022-02-26 14:59 | Report Abuse

Bloomberg app · Installed
Here Are the Asian Stocks Most Affected by the Ukraine Turmoil - Bloomberg.com

Posted by Gabriel Khoo > 2022-02-26 15:00 | Report Abuse

Wow...malaysia (will benefit from oil and palm oil) and australia

Posted by OrlandoOilSemiconIoT > 2022-02-26 15:15 | Report Abuse

We caution that the new US$50mil Lukoil contract to be completed in the Caspian Sea this year by the group’s 2 construction vessels – Installer and Constructor – may be discontinued by fresh sanctions on Russia’s invasion of Ukraine.



How far how many % of this contract has been completed before Putin spanked Ukraine?

Posted by Gabriel Khoo > 2022-02-26 15:18 | Report Abuse

Not material...so why are we bother

Posted by sparrow > 2022-02-26 15:25 | Report Abuse

@damnyarcher oil price shouldn’t have direct impact to armada’s profitability, similar to yinson and dialog, most of the revenue are secured by charter contract, which is a fixed rate, that’s why during 2020 when oil crash to 20USD but armada is still making good profit with strong cash flow. Hibiscus in the other hand is directly impacted by oil price. Only if low oil price persist for long term and causes lower investment in o&g sector then it would impact armada’s future prospect.

Posted by OrlandoOilSemiconIoT > 2022-02-26 15:39 | Report Abuse

Oil prices only impact Armada if they are way too low to cover oil majors )Armada customers) production costs

Look at shale oil producers

Shale oil producers will rest their nodding oil donkeys when oil prices are too low to cover their production costs



Armada offshore FPSO = Shale onshore nodding oil donkeys

Posted by Gabriel Khoo > 2022-02-26 16:22 | Report Abuse

https://www.upstreamonline.com/people/srinivasan-sees-a-future-for-floaters-in-the-transition-to-clean-energy/2-1-1171658

Posted by ID007 > 2022-02-26 20:25 | Report Abuse

let see our market react next week

Posted by Sneakpeek > 2022-02-27 11:27 | Report Abuse

How does oil price increase affecting armada as FPSO provider? The contract changes based on oil price?

Posted by Ramakrishna > 2022-02-27 13:17 | Report Abuse

Armada made handsome profit but did not declare dividend?

Posted by nikicheong > 2022-02-27 13:31 | Report Abuse

Good thing Bumi Armada sale of the 3 ice class vessels are completed and they've got their money out of Russia.

Posted by MoneyMakers > 2022-02-27 20:21 | Report Abuse

Better strengthen balance sheet b4 give div

Posted by Ledangking > 2022-02-27 20:48 | Report Abuse

Armada has lower debt to equity ratio than Yinson yet its stock is many times lower. Obviously it is super undervalue stock.

Posted by nikicheong > 2022-02-28 01:49 | Report Abuse

Ambank 76 to 83
CIMB 51 to 55

Will update the rest later

Posted by Beetles > 2022-02-28 07:21 | Report Abuse

Today US oil will rocket again

Posted by winmal > 2022-02-28 07:46 | Report Abuse

currently Armada is manage by professional and prudent management which manage to paredown high debt and increase productivity and profitability

Posted by warrenchok90 > 2022-02-28 07:56 | Report Abuse

no chance to buy will open high

Posted by ID007 > 2022-02-28 08:00 | Report Abuse

wow oil up so much

Posted by davidkkw79 > 2022-02-28 08:38 | Report Abuse

I worried the sale deal Armada with Russia country

Posted by Gabriel Khoo > 2022-02-28 09:19 | Report Abuse

Outlook. Post the ice-class vessel disposal, we have been guided that the OMS unit now has three OSVs, two sub-sea construction vessels, and one JV sub-sea construction vessel. While BAB has secured new jobs worth USD50m for the construction vessels from Lukoil, we do not discount the possibility of works being interrupted due to relevant sanctions being imposed, as a result of Russia’s invasion of Ukraine. Meanwhile, following the repayment in January, its remaining balance of Tranche 1 Term Loan Facilities is USD27m, with scheduled amortisation and final maturity in Nov 2022. Overall, operating cash flow in FY21 improved 50%, with better working capital management. Net gearing also dipped to 1.55x in 4Q21 (3Q21: 1.71x). BAB is looking to monetise Armada Claire this year, and is bidding for new FPSO jobs. It was reported by Upstream that it has submitted a tender to compete for TotalEnergies’ Cameia FPSO project in Angola. India’s Oil and Natural Gas (ONGC) KG-DWN 98/2 FPSO construction is 80% completed, and BAB aims to complete it by 2H22. 

Keep BUY. We maintain our earnings estimates but raise our TP to MYR0.65 from MYR0.62 post net debt update for FY21. Our TP also incorporates a 2% ESG discount, based on a scoring of 2.9. Our TP implies FY22F P/E and P/BV of 6.4x (below its 5-year mean of 7.2x) and 0.84x (slightly below +2SD from its 5-year mean at 0.9x). Downside risks: Contract cancellations, weaker OSV utilisation rates, and a deterioration in Armada Kraken’s operations.

RHB

Posted by strattegist > 2022-02-28 09:41 | Report Abuse

pegun

Posted by abc1111111 > 2022-02-28 09:52 | Report Abuse

buy buy buy buy

Posted by hohlaiyet88 > 2022-02-28 11:24 | Report Abuse

Why QR good but price still drop?

Posted by itch > 2022-02-28 11:29 | Report Abuse

RHB also upgraded from 0.62 to 0.65

Posted by louisongong > 2022-02-28 11:32 | Report Abuse

股价被控制了.c63

Posted by JoshuaMS7 > 2022-02-28 11:35 | Report Abuse

breaking 0.485, towards 0.400 soon! :(

Posted by louisongong > 2022-02-28 11:35 | Report Abuse

马股是投行、银行、庄家、媒体/guru的游戏平台.可怜散户等着被吊菊花.

Posted by sparrow > 2022-02-28 12:29 | Report Abuse

once c63 expires today then it should be better

Posted by Sheng93 > 2022-02-28 12:55 | Report Abuse

Show might come in the afternoon???who knows

Posted by JoshuaMS7 > 2022-02-28 14:06 | Report Abuse

noted should be c63 caused it dropping..

Posted by winmal > 2022-02-28 15:05 | Report Abuse

unfair IB can Easily manipulate the share price ,for the sake of his call warrant to benefit IB

Posted by sparrow > 2022-02-28 15:37 | Report Abuse

It is what it is, IB has the money to manipulate the share price, they will control the price at 48sen today, exactly c63 exercise price, so obvious.

Posted by maestro85 > 2022-02-28 16:01 | Report Abuse

seems same trend happening to other stocks that issue many warrants myeg, dnex, hibiscus etc

Posted by maestro85 > 2022-02-28 16:06 | Report Abuse

will it bounce tomorrow since the warrant expire today?

Posted by JoshuaMS7 > 2022-02-28 16:07 | Report Abuse

yaya we're retailer has no choice, wait tomoro rebound.

Posted by JoshuaMS7 > 2022-02-28 16:24 | Report Abuse

who buy c63 gg ad, now worth nothing if close below 0.480 or 0.475!!

Posted by ken2004 > 2022-02-28 16:25 | Report Abuse

Why oil stock keep drop actually since oil price flying, this is not only on armada alone....

Posted by JoshuaMS7 > 2022-02-28 16:27 | Report Abuse

IB seems collecting back at 0.475 and 0.470.