Posted by drken91 > 2022-03-07 10:22 | Report Abuse

fools, Petronas where got award many projects to small2 O&G players these days

only those with their own drilling capabilities like Hibi will thrive,
don't cincai punt O&G la just bcoz they're in the same sector

Posted by hoot9e996 > 2022-03-07 10:26 | Report Abuse

:( let us retailers syok sendiri mah

Posted by JoshuaMS7 > 2022-03-07 10:32 | Report Abuse

yaya mostly red, really headache, don't know why oil price closer to record but mostly red..

Posted by hoot9e996 > 2022-03-07 10:35 | Report Abuse

guess those who did their research pays out.... we thought oil up whole sector up....

Posted by ChrisMz > 2022-03-07 10:43 | Report Abuse

it just went red.. wow....

Posted by superrr > 2022-03-07 10:47 | Report Abuse

Whole markets dump dump dump...Even though oil up Gold up ....

Posted by Markv572421 > 2022-03-07 10:47 | Report Abuse

Go buy Hibiscus, hengyuan, PEnergy - recommended.

Posted by Markv572421 > 2022-03-07 10:48 |

Post removed.Why?

Posted by maggiemee > 2022-03-07 11:26 | Report Abuse

Why red? Sohhhhaaaaiiii bursa investor don’t know how to invest oil reach all time high like stockPIG to u guru

Posted by hoot9e996 > 2022-03-07 11:27 | Report Abuse

VOMIT BLOOD

Posted by JoshuaMS7 > 2022-03-07 11:27 | Report Abuse

holland lo this counter, towards 0.400 now!! :(

Posted by hoot9e996 > 2022-03-07 11:29 | Report Abuse

yes holland, back to 40c then drop more once oil price goes down lol.
rubbish counter

Posted by trading2019 > 2022-03-07 11:30 | Report Abuse

Armada will keep dropping to 0.2 based on its current PE. Keep shorting this counter.

Posted by winmal > 2022-03-07 11:36 | Report Abuse

however Armada have been oversold from 0.555 to 0.435 ... which its have drop more than 25 %... despite oil price continue break recent high. Today Hibiscs have break recently high.

Posted by gogogolee > 2022-03-07 12:05 | Report Abuse

why hibiscs up but armada keep dropping,?? rubbish stock

Posted by winmal > 2022-03-07 12:09 | Report Abuse

now plantation have profit taking,, what is next sector for theme play

Posted by Megan88 > 2022-03-07 12:16 | Report Abuse

Crazy counter... all retailer got screwed including myself.. hahaha

Posted by ming > 2022-03-07 12:54 | Report Abuse

ARMADA -10%
HIBISCS +10%

FXXX~ OIL PRICE SURGE ALMOST 50% BUT I EARN NOTHING

Posted by Germaice > 2022-03-07 13:04 | Report Abuse

crude oil up

Posted by warrenchok90 > 2022-03-07 13:10 | Report Abuse

please go study more in oil and gas company or ask your friend who work in oil and gas... armada is more depend on oil and gas company project.... generally the crude price up won't be affect much...

Posted by warrenchok90 > 2022-03-07 13:11 | Report Abuse

I also kena last time... curious... why like this... and keep blaming... then got sifu tell me this..

Posted by HuatlaiOnglai > 2022-03-07 13:14 | Report Abuse

The new i3Inv layout is bad. Still prefer the old design.

Posted by warrenchok90 > 2022-03-07 13:15 | Report Abuse

same... so confusing...

Posted by Macgyver11 > 2022-03-07 13:40 | Report Abuse

Semua IDSS kencing dlm seluar skrg...haha!

Posted by Macgyver11 > 2022-03-07 13:42 | Report Abuse

Bursa bukan skim cepat kaya..kikiki

Posted by ageetkumar > 2022-03-07 14:35 | Report Abuse

Yes. I also don't like the new layout. And I don't think they have added any new major functionalities. Just made the site more user unfriendly

Posted by Markv572421 > 2022-03-07 15:22 | Report Abuse

Sad Armada .....better dont do oil & gas business.....better ask the management to change business to Armada construction & property.

Posted by Markv572421 > 2022-03-07 15:24 | Report Abuse

Traders keep selling armada shares and willing to loss money.

Posted by Mohd Qadri Abdul Rani > 2022-03-07 15:36 | Report Abuse

berdarah hidung

Posted by Markv572421 > 2022-03-07 15:45 | Report Abuse

You buy now & keep but the price after 6 mths below 0.20 ......not worth to buy

winmal

buy & keep for 6 months ... good fundamental

13 minutes ago

Posted by nikicheong > 2022-03-07 16:12 | Report Abuse

Shocking. I really don't understand what's happening. In the super worst case scenario Russia confiscates Bumi Armada's assets over there (including financial assets), it's still shouldn't be such a huge hit to the company. Besides, Malaysia and Russia are still partners, no sanctions from our government. Most likely it won't impact Bumi Armada much, if at all.

So the question is, Brent is at $128, net gearing is at 1.55x, and what the flying fish are we doing at RM0.435/share?????!?!?!?!????!??

Posted by winmal > 2022-03-07 16:14 | Report Abuse

wellsaid ... armada should not affect by Russian invasion.. all armada FPSO are not operate in Russia

Posted by nikicheong > 2022-03-07 16:15 | Report Abuse

I've looked into all of Bumi Armada's production assets, no issues at Kraken, Olombendo, TGT, Sterling 1/2/3, FSU Malta. Delays at Sterling 5 were already well known. Claire is officially on the market to be sold. OSV business only has 6 vessels left, negligible. So what's the issue???

Posted by loneranger3211 > 2022-03-07 16:16 | Report Abuse

going to opposite direction now.

Posted by loneranger3211 > 2022-03-07 16:16 | Report Abuse

coming now....watching

Posted by nikicheong > 2022-03-07 16:17 | Report Abuse

Either the market is VERY CORRECT (something terribly bad is happening behind the scenes, we are not yet informed of it yet). Or the market is VERY WRONG (large gap in market valuation vs fundamental valuation).

Only time will tell, which is this.

Posted by winmal > 2022-03-07 16:23 | Report Abuse

next 3-5 years Armada should generate stable & increasing profit as all his FPSO contract are long term. Indeed His debt will drop below 1x

Posted by JoshuaMS7 > 2022-03-07 16:44 | Report Abuse

haha luckily rebounded, else might go to 0.400 tomoro! :)

Posted by itch > 2022-03-07 16:49 | Report Abuse

Its the poor sentiment...

Posted by Thirai Thiraviam > 2022-03-07 17:42 | Report Abuse

The primary issue, I believe, is this: At its peak, in Q3-2015, BAB had a confirmed order book of RM29 billion. This number now stands at RM13.6 billion. The optional extension period order book, too, is only RM 8.9 billion, as opposed to RM15.6 billion then.

This doesn't necessarily mean bad, as all seven FPOs have confirmed orders until 2024, but it is a concern, I believe. Hopefully, with the rising cost of oil, BAB is more successful in convincing its charterers to extend the confirmed order book to a significantly higher value.

Posted by Ninja _07 > 2022-03-07 22:43 | Report Abuse

Oil Prices Break $130 As EU And U.S. Allies Consider Ban On Russian Crude
U.S. Secretary of State Antony Blinken has confirmed the United States is talking to its European allies about banning Russian oil imports.

Posted by bullmarket1628 > 2022-03-08 06:43 |

Post removed.Why?

Posted by CHLEONG888 > 2022-03-08 08:08 | Report Abuse

Useless, even crude oil price surge to RM200.00, still below 0.60

Posted by Markv572421 > 2022-03-08 09:06 | Report Abuse

Malaysia market oil & gas industry useless in Malaysia .....

Posted by nikicheong > 2022-03-08 09:35 | Report Abuse

@Thirai, one thing to note, I do not believe the JV/Associates order book is consolidated in that figure. At the very least, I am 100% certain the Sterling V (associate) figure is not in there.

Posted by JoshuaMS7 > 2022-03-08 10:25 | Report Abuse

Waa so early BA drop to 0.430! What happen again? Like yesterday style again? Later rebound back 0.45?

Posted by maestro85 > 2022-03-08 11:49 | Report Abuse

someone please tell me why keep dropping?

Posted by Macgyver11 > 2022-03-08 12:22 | Report Abuse

Ohh no oh no oh no no no nooooo!

Posted by Investor128 > 2022-03-08 12:29 | Report Abuse

Bumi Armada has assets in Russia

Posted by Investor128 > 2022-03-08 12:31 | Report Abuse

Bursa is not doing its job. Should ask all listed companies to declare their exposure (assets and liabilities in Russia and Ukraine) and contribution from those countries.