Posted by citadel888 > 2022-03-11 14:16 |

Post removed.Why?

Posted by Markv572421 > 2022-03-11 14:28 | Report Abuse

Armada share prices already down lor ......even russia/ukraine sign agreement nothing will effect the share price....nothing to see laa

Just wait at the very bottom only buy .......not worth buying now ...operator sure will continue selling.

MoneyMakers

Ukraine alrdy say willing to abandon NATO membership..War 1/2 way finish

Oil will crash if russia/ukraine sign agreement

P/s: Dunno how will affect armada since oil up armada still down

Posted by Markv572421 > 2022-03-11 14:37 | Report Abuse

Next week Armada share price will trade below 0.40, kindly take note.

Posted by strattegist > 2022-03-11 15:09 |

Post removed.Why?

Posted by TimCoke > 2022-03-11 15:21 | Report Abuse

fyi, we decided to collect at 0.4, cheers

Posted by TimCoke > 2022-03-11 15:25 | Report Abuse

partly 0.405

Posted by Macgyver11 > 2022-03-11 15:54 | Report Abuse

The worse is going to over for Armada.

Posted by Macgyver11 > 2022-03-11 15:54 | Report Abuse

Time to collect

Posted by Markv572421 > 2022-03-11 16:27 | Report Abuse

Dont collect........

Posted by Markv572421 > 2022-03-11 16:28 | Report Abuse

You collect now you will be in trouble because the share price will drop some more ...better wait 0.40 and below level.

Posted by hoot9e996 > 2022-03-11 16:30 | Report Abuse

man after serbadk case, malaysia O&G counters get heavy hitting.....
investor avoiding most of the counter lol

Posted by Markv572421 > 2022-03-11 16:41 | Report Abuse

Today tech counter rebound ....next week ? Which counter will rebound ?

Posted by bjgdila123 > 2022-03-11 16:44 | Report Abuse

0.405 sudah sapu next week up up

Posted by Markv572421 > 2022-03-11 16:54 | Report Abuse

mana ada sapu .........

Posted by MoneyMakers > 2022-03-11 17:06 |

Post removed.Why?

Posted by RememberMe > 2022-03-11 17:09 | Report Abuse

wah diuniaseng keep drop non stop haiya

Posted by winmal > 2022-03-11 17:13 | Report Abuse

Panic selling and margin call which cause more ppl worry... reluctant but force to reduce position

Posted by Markv572421 > 2022-03-11 17:28 | Report Abuse

Thats why i say ....waiting below 0.40 .....monitor again ....dont collect now

Posted by ken2004 > 2022-03-11 17:44 | Report Abuse

Lol, like don't believe bank target, everything positive target from them, sure gone case the price......

Posted by Markv572421 > 2022-03-11 17:52 | Report Abuse

if you see they posting the bank target that time you need to run already. Because that time they purposely sell it to you.

ken2004

Lol, like don't believe bank target, everything positive target from them, sure gone case the price......

5 minutes ago

Posted by strattegist > 2022-03-11 19:16 | Report Abuse

closed red 0.40

Posted by Macgyver11 > 2022-03-11 19:52 | Report Abuse

Guys Armada wont go down below 0.40 or i can say maybe maximum it can touch the bottom is 0.38c (that one also if you're lucky), mark my words. World is very very desperate for oil now after Russia economy sanction. Operator pressing very hard to dispose those week holders. How I'm very sure, look at our local O&G counters especially Velesto. All Velesto rigs fully book by Petronas. As at now Petronas qtr earning double and Petronas allocated more capex for our local O&G counters. Armada much better then Velesto. If Velesto rigs fully booked, I don't see any reasons that Armada lack behind. Confirm more new contract coming soon for Armada. Just stay strong.

See velesto order book ( just for comparison). Tayor

https://www.bursamalaysia.com/market_information/announcements/company...

Posted by sparrow > 2022-03-11 21:23 | Report Abuse

i have some serious concern on 98/2 ONGC FPSO project, I'm worried that it not be able to complete this year due to the financial issue Sapura Energy facing, the news of which Sapura subsidiary is winding up or not able to make payment is everywhere for the past 2 months. One of the major reason the FPSO got delay is because of the slow progress in "Central Processing Platform & Living Quarters" which is awarded to Sapura, wonder if Armada and OGNC have a plan B if sapura fails to deliver.

Posted by firehawk > 2022-03-12 04:29 | Report Abuse

price drops due to Russia-Ukrain geopolitical concern .....
but it keeps quiet, not issue s any clarification....

Posted by ID007 > 2022-03-12 08:52 | Report Abuse

waiting armada skyrocket

Posted by JoshuaMS7 > 2022-03-12 09:00 | Report Abuse

Guys global recession was happening now (i think this is the main reason why armada drop like no tomoro from
57 cents) and next few weeks all shares included oil gas will be crashed more aggresive than now. Be extra careful for those keep average down.

Posted by Macgyver11 > 2022-03-12 09:34 | Report Abuse

https://youtu.be/i1W7VGJUn6w

Posted by bjgdila123 > 2022-03-12 09:54 | Report Abuse

n9 pain n9 gain

Posted by Markv572421 > 2022-03-12 11:50 | Report Abuse

Lets hope at 0.38 sen it will rebound strongly

Posted by ID007 > 2022-03-12 12:03 | Report Abuse

https://www.youtube.com/watch?v=MaqKw5O2kII

Posted by Mabel > 2022-03-12 12:12 | Report Abuse

Armada has already broken support level. Now it is trading below 200 Moving Average..

Posted by Mohd Qadri Abdul Rani > 2022-03-12 13:12 | Report Abuse

war in ukraine not same like war in arab country

Posted by MoneyMakers > 2022-03-12 15:36 | Report Abuse

Armada 7Bil debt becoming big problem when interest rates start rising (future mybe lower rerating)

1% hike in interest rate (very possible this yr) means huge 70Mil profit wiped out

Posted by sparrow > 2022-03-12 16:05 | Report Abuse

@MoneyMakers, your calculation is inaccurate, not all their borrowings are floating rate, and Armada used interest rate swap to hedge their risk in interest rate. 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, and that is 2020, i would presume the PBT reduction figure would be much lower in 2022.

Posted by MoneyMakers > 2022-03-12 23:21 | Report Abuse

Sure mo “every 0.5% increase in interest rate will reduce PBT by 18mil”

Anyway alot profit lost from interest rate hike + cukai makmur + russia lukoil proj

P/s: Latest QR says 78% Armada huge debt is floating rate & 75% debt in USD

Posted by awesome20 > 2022-03-13 14:49 | Report Abuse

armada good volume since the past 1 month

Posted by daretocutandchange > 2022-03-13 15:25 | Report Abuse

does armada have any business in ukraine and russia?

Posted by winmal > 2022-03-13 21:12 | Report Abuse

Armada manages paredown more than RM1 billion, continue payoff debt and improving cashflow eventually Will benefit Armada more profit via interest saving

Posted by xxxx > 2022-03-14 08:41 | Report Abuse

But share price going down!

Posted by Markv572421 > 2022-03-14 09:16 | Report Abuse

Operator purposely bring the share prices down.

xxxx

But share price going down!

33 minutes ago

Posted by nikicheong > 2022-03-14 11:25 | Report Abuse

Armada not subject to cutting makmur as almost all of its profits is generated outside of the Malaysian tax jurisdiction

Posted by winmal > 2022-03-14 12:12 | Report Abuse

if Armada continue to paredown his debt ... every year there will have saved 30mil -50mil. soon Armada will start giving some dividend

Posted by winmal > 2022-03-14 12:13 | Report Abuse

looking at his progress of debt repayment ... believe within 3 years to payoff his debts

Posted by Markv572421 > 2022-03-14 13:15 | Report Abuse

Good !!! just wait patiencely.

Posted by yangkwang99 > 2022-03-14 14:08 | Report Abuse

It will breakout when u least expect it to!

Posted by TimCoke > 2022-03-14 15:00 | Report Abuse

almost enough at 0.4

Posted by winmal > 2022-03-14 15:55 | Report Abuse

disappointed to malaysia market as world market bullish and break record high we are struggling with covid and Political issues.. now market bearish caused by War & inflation which its should benefit to oil and Gas stocks forward but Armada drop despited reported Good & record profit. No eye see

Posted by bonbon > 2022-03-14 16:04 | Report Abuse

Not only armada, almost all o&g related stocks in bursa perform badly despite crude oil is above usd100.

Posted by ken2004 > 2022-03-14 18:28 | Report Abuse

Never imagine going back to 0.40 after breaking 0.50....

Posted by maestro85 > 2022-03-14 18:50 | Report Abuse

expect the unexpected. Will go down even further