Posted by OrlandoOilSemiconIoT > 2022-03-14 19:29 | Report Abuse

Armada management still lost in the fog of war ??

Still no announcement by Armada means Armadas operations and oil assets are not affected by the conflict or the effects are not material

Posted by bjgdila123 > 2022-03-14 20:15 | Report Abuse

0.40 all in
l

Posted by strattegist > 2022-03-14 20:30 | Report Abuse

flat 0.40

Posted by MoneyMakers > 2022-03-14 22:05 | Report Abuse

Oil going below 100 soon..lets see if great wall 40sen still hold strong

Posted by maestro85 > 2022-03-14 22:22 | Report Abuse

35sen tomorrow

Posted by hoot9e996 > 2022-03-14 22:32 | Report Abuse

we are going through uncharted territory
anything below 40 sen is "low" but the real question is will it go back up?

Posted by JoshuaMS7 > 2022-03-15 08:55 | Report Abuse

open 0.395? :(

Posted by Markv572421 > 2022-03-15 09:33 |

Post removed.Why?

Posted by Markv572421 > 2022-03-15 10:08 | Report Abuse

How many investor trading in Armada ? ... so surprise many transactions !! Wow

Posted by hoot9e996 > 2022-03-15 10:09 | Report Abuse

really useless counter.... think should stay away from malaysia O&G sector....
lose money / too much volume, either operator controlled or too heavy to push up

Posted by hoot9e996 > 2022-03-15 10:09 | Report Abuse

really useless counter.... think should stay away from malaysia O&G sector....
lose money / too much volume, either operator controlled or too heavy to push up

Posted by curiousq > 2022-03-15 10:13 | Report Abuse

money in Russia cannot transfer out?

Posted by winmal > 2022-03-15 10:38 | Report Abuse

OG have been struggling as 2014 ... still laggard to other sector

Posted by Heungheungloveyou > 2022-03-15 10:47 | Report Abuse

Such low valuation will trigger privatization

Posted by JoshuaMS7 > 2022-03-15 10:50 | Report Abuse

walao really free fall to 0.300 soon! sad :(

Posted by TheTruthHurt > 2022-03-15 11:02 | Report Abuse

Better 2021 financial result to lower share price?
Very interesting market sentiment.

Posted by Citadel12 > 2022-03-15 11:05 |

Post removed.Why?

Posted by Markv572421 > 2022-03-15 11:07 | Report Abuse

Ya Malaysia worst case scenario ....no wonder Investor especially foreigner run away from Malaysia.....full of manipulation.

TheTruthHurt

Better 2021 financial result to lower share price?
Very interesting market sentiment.

2 minutes ago

Posted by winmal > 2022-03-15 11:16 | Report Abuse

2022 result should better compared to 2021 as Armada continue to paredown his debts and high oil price which will have sustainability of his profit looking forward. Interest rise impact is minimum of offset by interest saved from continue debt payoff.

Posted by TheTruthHurt > 2022-03-15 11:24 | Report Abuse

@ Markv572421
Manipulation is definitely the real market mover and everything else is just wayang. Oh Well.

Posted by fudrud > 2022-03-15 11:29 | Report Abuse

Last time it was this oversold on the RSI we had a 100% rally!

Posted by fudrud > 2022-03-15 11:31 | Report Abuse

Yes and oil needs to get back to about 50USD a barrel for the sake of good world order and energy security.

Posted by MoneyMakers > 2022-03-15 11:40 | Report Abuse

Too much bad exposure to russia

Armada sold 3 vessels to PJSC Lukoil (russia) for US44.5 million (RM186.6 million) deal to be completed end of Q1

Possible cannot receive money now with russia sanctions

Posted by MoneyMakers > 2022-03-15 11:44 | Report Abuse

Armada also likely lose US50Mil Lukoil proj (caspian sea/russia proj)

PJSC Lukoil (russia) prob having cashflow problems too with all these sanctions

Posted by JoshuaMS7 > 2022-03-15 12:02 | Report Abuse

waa it seems so much problems v BA now from the war..

Posted by Ramakrishna > 2022-03-15 13:32 | Report Abuse

Hv profit but no dividend declared, won't go up

Posted by TheTruthHurt > 2022-03-15 14:42 | Report Abuse

Those deals that tie up with Russia definitely is bad publicity. Especially no news is out there but mere speculation on its final outcome. High risk investment now.

Posted by amateurJR > 2022-03-15 14:50 | Report Abuse

Bad luck for Armada. see can back to covid price or not

Posted by Markv572421 > 2022-03-15 14:54 | Report Abuse

just keep lor ....

Posted by Markv572421 > 2022-03-15 14:54 | Report Abuse

Oil always got demand ...no need to worries

Posted by hoot9e996 > 2022-03-15 15:33 | Report Abuse

dont we have a lot of pn17 O&G counters in malaysia?

Posted by abc1111111 > 2022-03-15 15:34 | Report Abuse

time to all innnnnnnnn

Posted by hoot9e996 > 2022-03-15 15:36 | Report Abuse

bruh i was here when it broke the 47c great wall.....
laosai until 37c, seriously the operator very clever
show you some power to support then push price up a little
BAM more selldown. recalled rumours someone saying some shareholders are russians..
paperloss sakit......

Posted by JoshuaMS7 > 2022-03-15 15:44 | Report Abuse

all in second times at 0.370? first time at 0.400 ad?

Posted by hoot9e996 > 2022-03-15 15:46 | Report Abuse

better dont average while the selldown is still going on.
lose even more......

Posted by purple70 > 2022-03-15 16:06 | Report Abuse

Why is BURSA keeping quiet in similar tone to BUMI ARMADA mgmt!

Shouldnt there be a news update?

Posted by Thirai Thiraviam > 2022-03-15 16:23 | Report Abuse

As far as I know, ARMADA's profitability is very much intact. The Lukoil deal is likely to be affected, but this sell down makes no sense. I see this as a good opportunity to average down, although this level of price fluctuation makes the stock riskier.

Posted by stainlyho37 > 2022-03-15 16:25 | Report Abuse

if take down 0.375...will be +ve....just watch out...

Posted by gogogolee > 2022-03-15 16:28 | Report Abuse

RIP...Armada

Posted by JoshuaMS7 > 2022-03-15 16:43 | Report Abuse

yeah strong support 0.370!!

Posted by MM78 > 2022-03-15 16:50 | Report Abuse

Armada with PAT of RM 574 million (9.75 sens EPS ) plus Net Cash Flow from Operating Activities at RM 1.36 billion in FY 21 , it is very attractive with EPS of less than 4 . It is expected to earn more given it has sold most of the money loosing OSVs in FY 21, hence why panic when its share price dropped to 36.5 sens ? It business model is not immediately affected by the rise and fall of the oil price as it is based on long term contract in it FPSO business.
I added a batch today at 39.5 sens and would add more if it falls below 35 sens .

Posted by MM78 > 2022-03-15 16:54 | Report Abuse

It is logical to see Armada is expected to earn even more in FY 21 and beyond given its decreasing financial costs and depreciation costs in FY 22 and beyond. Its joint venture FPSO is expected to be ready in the second half of 2022 .

Posted by MM78 > 2022-03-15 16:59 | Report Abuse

Another way to see its attractiveness is that Armada is generating operating cashflow of 23 sens /share in FY 21 and we pay currently 36.5 sens to buy it !

Posted by MM78 > 2022-03-15 17:00 | Report Abuse

Of course a short term trader would not buy such logic but fears price swing .

Posted by drkelvin20 > 2022-03-15 17:37 | Report Abuse

The pattern looks very similar to To Glove and Tech-stock, the sell off happening now with Armada, very similar to sell off of glove stocks, even during the peak profit time.
At that time of peak profit from Top Glove, the gradual and slow sell-off started, and many actually opined that the PE is less than 5, too attractive for Glove stocks not to keep or buy, but at the end, it never bound to higher level.
I don;t know if this is the same trend. Someone can enlighten.
Disclaimer: Just my own opinion for sharing, Not a buy call or sell call.

Posted by hoot9e996 > 2022-03-15 17:44 | Report Abuse

armada selloff started when it couldnt breakthrough higher than 48sen.
that was with oil price hitting new high everyday. with no momentum everyone started selling
then oil price falls even more selling.
then rumours starts about related with russia ... more panic....
in a way same as gloves, panic sell creates even more panic sell eventually negative sentiment nobody wanna care anymore. any rebound = sell #RIP GLOVES most of the time 1day show

Posted by winmal > 2022-03-15 18:24 | Report Abuse

Armada cannot compare with Glove stocks.. Glove stock selloff cause by ASP gradually drop as too many new players into Glove market. But Armada profit will not affected on drastic drop on OIL price .. you can see Armada continue to report Profit when OIL just USD 30-40 in Year 2020 -2021

Posted by Macgyver11 > 2022-03-15 18:38 | Report Abuse

Still don't know why all the O&G counters dropped terribly past this few weeks ...armada,hibiscus, dialog, velesto , carimin, knm and many more...all dropped. Must be some market sentiment that influenced the price. Couldn't figure out why?

Posted by MoneyMakers > 2022-03-15 18:45 | Report Abuse

Walao super discount..how low will this go

Posted by strattegist > 2022-03-15 19:18 | Report Abuse

red 0.375