Posted by Bon888 > 2022-03-29 22:23 | Report Abuse

Next round challenge for 0.70. never turn back below 0.40

Posted by bjgdila123 > 2022-03-30 07:22 | Report Abuse

1.00 tp jgn terkejut

Posted by paktua73 > 2022-03-30 08:03 |

Post removed.Why?

Posted by freddiehero > 2022-03-30 08:38 | Report Abuse

steady paktua..

Posted by TimCoke > 2022-03-30 14:50 | Report Abuse

pls sell, pls sell, pls sell ^^

Posted by TimCoke > 2022-03-30 14:50 | Report Abuse

0.4

Posted by nikicheong > 2022-03-30 15:12 | Report Abuse

From JPM:

Bumi Armada likely to be involved in Harbour Energy’s Tuna FPSO in Indonesia. Suppliers of leased FPSO vessels are preparing for a tilt at Harbour Energy’s Tuna FPSO opportunity in Indonesia’s Natuna Sea. The Tuna block contains at least two discoveries, Kuda Laut and Singa Laut, in water depths of up to 120 metres. Numerous potential FPSO suppliers are expressing an interest in the Tuna project, and Harbour wouldcontinue to test the FPSO market and then select, later this year, up to three competing bidders. An award of an FPSO contract is possible by 3Q23. FPSO contactors, such as BumiArmada, BW Offshore and Saipem (all recent suppliers of floaters in Indonesia), are likely to be interested.Harbour mentioned that first production from Tuna would be possible three years after an FID at an initial rate of between 40,000 and 50,000 barrels of oil equivalent per day. The Tuna permit is located in the Natuna Sea off northern Indonesian close to Vietnam’s maritime boundary. The plan for the produced gas from the project is to supply Vietnam via a subsea pipeline. Total capital expenditure will depend on whether the FPSO is leased or purchased, with capex and opex based on a leased FPSO to be between $20 and $22 per boe.The project will have a breakeven cost of $25 per boe.(Upstream, 25thMarch’22)

Posted by Mabel > 2022-03-31 00:02 | Report Abuse

Bila mau break 60?

Posted by strattegist > 2022-03-31 14:02 | Report Abuse

stagnant

Posted by nikicheong > 2022-03-31 14:22 | Report Abuse

This is a CIMB report on Yinson, but it is recommended reading for anyone with an interest in the FPSO space, which includes Bumi Armada investors: https://rfs.cgs-cimb.com/api/download?file=d559fd30-6fdc-479b-8c20-ebe0acb5ac6f

Posted by Markv572421 > 2022-04-01 18:34 | Report Abuse

Long way to go .......

Posted by strattegist > 2022-04-04 11:44 | Report Abuse

lembik niiii....

Posted by winmal > 2022-04-04 15:39 | Report Abuse

highly control counters ...

Posted by SHOB > 2022-04-04 15:47 | Report Abuse

die hard

Posted by MM78 > 2022-04-04 17:34 | Report Abuse

Armada at current price and PE of 4 has better values than Yinson though the later has dividend but at 1.23 % only .

Posted by Bon888 > 2022-04-04 18:04 | Report Abuse

Collected some at 0.405 today. Be happy don't worry.

Posted by Bon888 > 2022-04-05 10:44 | Report Abuse

https://www.theedgemarkets.com/article/brokers-digest-local-equities-bumi-armada-bhd-gabungan-aqrs-bhd-lbs-bina-group-bhd-sime

HLB target price 0.84 send for Bumi Armada. Risk from Russian Ukraine crisis is low.

Posted by Bon888 > 2022-04-05 10:48 | Report Abuse

Buy now when the price reached 0.84, one fold or 100% gain. Downside risk is low with solid financial performance over the last 5 quarters, healthy debts level.

Upside potential is very bright.

Posted by strattegist > 2022-04-05 11:17 | Report Abuse

no volume

Posted by bullmarket1628 > 2022-04-05 11:27 |

Post removed.Why?

Posted by Qqqqqqqq111111 > 2022-04-05 15:56 | Report Abuse

Buy buy buy all innnnnnnnnnnnnnnn

Posted by MM78 > 2022-04-05 16:24 | Report Abuse

With very strong cash flow and healthy profit and rising ROE every quarter plus long term contracts in the midst of rising oil price hence happy clients; got rid of money loosing OSVs hence very little chance of further surprise impairment. Armada is in good shape to pare down its debt very fast , next few quarters would be very stable. Claire is slated to be monetized and the new JV FPSO would be out soon

Posted by 1pingpong > 2022-04-05 21:28 | Report Abuse

from the candle stick reading. next week is all the way up.

Posted by Bon888 > 2022-04-05 23:05 | Report Abuse

PE 4.27 now, NTA 0.66. Is a no-brainer investment. Keep money in this counter and wait for it to growth double or triple.

Posted by Bon888 > 2022-04-05 23:35 | Report Abuse

Anyone has latest news on Limbayong FPSO project? This could be the most powerful uptrend engine for Bumi Armada.

Posted by nikicheong > 2022-04-06 00:31 | Report Abuse

Limbayong FPSO is no longer an interest to Bumi Armada. The sole bid was submitted by a JV comprising of Shapoorji-MTC.

Posted by strattegist > 2022-04-06 10:05 | Report Abuse

soft

Posted by robin5813 > 2022-04-08 16:10 | Report Abuse

On the way to 0.5

Posted by 1pingpong > 2022-04-08 21:50 | Report Abuse

next week all the way up my fren.

Posted by DatoKyle > 2022-04-09 16:16 | Report Abuse

Up your 2 biji ping pong ! next week time for SMTRACK to soar, but not ARMADA !!!

Posted by abcd11111 > 2022-04-09 18:00 |

Post removed.Why?

Posted by Mohd Qadri Abdul Rani > 2022-04-10 15:29 | Report Abuse

ready next coming week....

Posted by nicholas99 > 2022-04-11 11:02 | Report Abuse

smtrack dato kyle shout everyday but no go up.

Posted by Noni > 2022-04-11 14:46 | Report Abuse

This is good right?

Posted by strattegist > 2022-04-11 15:58 | Report Abuse

takda umpphhhh

Posted by abcd11111 > 2022-04-11 17:22 |

Post removed.Why?

Posted by Macgyver11 > 2022-04-12 08:26 | Report Abuse

KUALA LUMPUR: Bumi Armada Bhd's solid execution from all floating production and storage offloading (FPSO) and disposal of offshore marine services (OMS) signal better prospects ahead for the company.

Affin Hwang Capital said Bumi Armada's primary earnings driver being the FPSO segment recorded a three-year profit compounded annual growth rate (CAGR) of 16 per cent underpinned by strong performances from FPSO Olombendo and Kraken.

FPSO Kraken, which used to be a stumbling block for the stock and the key reason behind the valuation deterioration in 2018, has undergone a strong turnaround under the new management team.

"On another positive note, Bumi Armada has made good progress in disposing of 23 offshore support vessels (OSVs) in 2021, with the remaining three units earmarked to be disposed of this year. The decision to wind down this loss-making legacy OMS business will further improve the stock fundamentals," Affin Hwang said today.

The firm said Bumi Armada's stronger fundamentals had been overlooked by the market, as it continued to trade at a valuation similar to when FPSO Kraken was still having issues.

It said the current depressed valuation was likely due to investors' past impression on the company, worrying over execution risks and recovery not being sustainable.

"However, all these are in the past. An environmental social governance (ESG) strategy to be announced soon is expected to further enhance the company profile," the firm said.

Affin Hwang has tweaked its earnings forecasts higher on Bumi Armada by one to four per cent after reflecting some balance sheet adjustments.

It expects a six per cent earning per share growth in 2022 with further room to upgrade its earnings forecast in the event OMS losses are smaller-than expected.

"An earlier start-up of FPSO 98/2 will also result in further earnings upgrade. We reaffirm our Buy rating on Bumi Armada with an unchanged 12-month target price of 70 sen," it added.

Posted by Suriyan > 2022-04-12 10:09 | Report Abuse

Scomi maybe delisted on April 22nd. The company must file an appeal by April 18th.

Posted by Markv572421 > 2022-04-12 11:23 | Report Abuse

Do Armada able to hit above 70-80 sen and stay above 1.00 in future ......?

Posted by Thirai Thiraviam > 2022-04-12 12:39 | Report Abuse

Mark - Bumi Armada and Yinson are two local companies that are in the FPSO business. The latter's EPS (before split) is 4x that of the former. While Yinson's PER is comfortable, Armada's PER is, well, 4. So, Armada, selling at 4x its earnings, is really, really cheap.

Posted by Markv572421 > 2022-04-13 09:45 | Report Abuse

Today close at 0.44 .....thanks bumi armda !!!

Posted by strattegist > 2022-04-13 10:34 | Report Abuse

steady

Posted by koey > 2022-04-13 12:03 | Report Abuse

oil up call amanda

Posted by strattegist > 2022-04-13 14:23 | Report Abuse

steady green

Posted by lamkin > 2022-04-13 14:55 | Report Abuse

Armada will test it first resistance at 0.47 soon.

Posted by ID007 > 2022-04-13 16:27 | Report Abuse

0.45

Posted by Macgyver11 > 2022-04-13 17:58 | Report Abuse

KUALA LUMPUR (April 13): RHB Retail Research said Bumi Armada Bhd is poised to move past the sideways consolidation phase of 43 sen as it bounced off the 21-day average line and closed at the immediate resistance level on Tuesday on strong volume.

In a trading stocks note on Wednesday (April 13), the research house said if the stock surpasses the consolidation phase in the coming sessions, the bulls are expected to drive the stock towards the 51 sen resistance, followed by 55.5 sen.

“However, the momentum may decline if it falls below the 40.5 sen support, which is below the average line,” it said

Posted by Bon888 > 2022-04-13 18:17 | Report Abuse

More analysts given good outlook for Bumi Armada. Moving up trend now.

Posted by bjgdila123 > 2022-04-13 18:38 | Report Abuse

lucky enter this morning .my tp 1.00

Posted by abcd11111 > 2022-04-14 00:24 | Report Abuse

all innnnnnnnn