BUMI ARMADA BERHAD

KLSE (MYR): ARMADA (5210)

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Last Price

0.59

Today's Change

-0.03 (4.84%)

Day's Change

0.58 - 0.62

Trading Volume

39,537,200


46 people like this.

71,545 comment(s). Last comment by steady31 1 hour ago

Macgyver11

2,434 posts

Posted by Macgyver11 > 2022-04-22 09:52 | Report Abuse

Buy buy buy don't miss the boat..

Markv572421

3,034 posts

Posted by Markv572421 > 2022-04-22 11:37 | Report Abuse

just buy and accumulate for those long term investor....short term player not encourage to enter this counter.......they just losing their money

strattegist

23,459 posts

Posted by strattegist > 2022-04-22 14:41 | Report Abuse

lembik

AuntyP

14 posts

Posted by AuntyP > 2022-04-25 12:16 | Report Abuse

Sea of Red on my watchlist except for Palm Oil plantations & HengYuan refinery. No +ve indication of Bumi Armada movement.

hoot9e996

1,813 posts

Posted by hoot9e996 > 2022-04-25 12:24 | Report Abuse

watch list..... what about portfolio......
MEGA RED........ no eye see....

Star8888

350 posts

Posted by Star8888 > 2022-04-25 14:47 | Report Abuse

Brent oil price collapse.

Posted by Mohd Qadri Abdul Rani > 2022-04-25 15:41 | Report Abuse

patient

Markv572421

3,034 posts

Posted by Markv572421 > 2022-04-25 16:27 | Report Abuse

Tooo much patient ....since 10-15 years

Mohd Qadri Abdul Rani

patient

44 minutes ago

MoneyMakers

7,480 posts

Posted by MoneyMakers > 2022-04-25 16:51 | Report Abuse

Yummy delicious raya discount cookies

nekosaan

625 posts

Posted by nekosaan > 2022-04-25 23:33 | Report Abuse

collapsed !

Macgyver11

2,434 posts

Posted by Macgyver11 > 2022-04-26 09:05 | Report Abuse

Mana raya ang Pau blm mari lagi....lai lai

MoneyMakers

7,480 posts

Posted by MoneyMakers > 2022-04-26 15:41 | Report Abuse

Nice rebound..easily back to 45sen range in few weeks

Hopefully break even higher near QR nxt month

strattegist

23,459 posts

Posted by strattegist > 2022-04-27 14:04 | Report Abuse

lembik tak bermaya

1pingpong

585 posts

Posted by 1pingpong > 2022-04-28 10:25 | Report Abuse

shooting up...either b4 raya or after raya.

SHOB

553 posts

Posted by SHOB > 2022-04-28 12:31 | Report Abuse

shen xian da jiu ni jiu you

abcd11111

306 posts

Posted by abcd11111 > 2022-04-08 21:27 |

Post removed.Why?

abcd11111

306 posts

Posted by abcd11111 > 2022-04-29 12:34 |

Post removed.Why?

MoneyMakers

7,480 posts

Posted by MoneyMakers > 2022-04-29 17:05 | Report Abuse

Inching up nicely

Enjoy raya party while Armada keeps drilling (black) money

abcd11111

306 posts

Posted by abcd11111 > 2022-05-04 20:35 | Report Abuse

buy time co ming

Posted by bullmarket1628 > 2022-05-05 07:47 |

Post removed.Why?

Posted by bullmarket1628 > 2022-05-05 08:01 | Report Abuse

Oil price jumps US$5 a barrel as EU nears ban on Russian oil
Thursday, 05 May 2022 7:13 AM MYT

https://www.thestar.com.my/business/business-news/2022/05/05/oil-price-jumps-us5-a-barrel-as-eu-nears-ban-on-russian-oil

NEW YORK: Oil prices jumped on Wednesday, as the European Union, the world's largest trading bloc, spelled out plans to phase out imports of Russian oil, raising concerns about further market tightness as those nations hunt for adequate supply.
Crude benchmarks have risen steadily over the past two months following Moscow's invasion of Ukraine. Until now, the European Union has been reluctant to fully cut off imports of Russian oil and gas, and its plans still do not suggest a full ban for all EU members.
Europe imports some 3.5 million barrels of Russian oil and oil products daily, and also depends on Moscow's gas supplies.
"Inventories are so tight, so against this backdrop, when you're talking about this ban, there are a lot of questions on how (Europe) is going to make up for this," said Phil Flynn, senior analyst at Price Futures Group.
Brent crude LCOc1 futures settled up $5.17, or 4.9%, to $110.14 a barrel. West Texas Intermediate crude CLc1 futures settled at $107.81 a barrel, up $5.40, or 5.3%.
European Commission President Ursula von der Leyen on Wednesday proposed a phased oil embargo on Russia, as well as sanctioning Russia's top bank.
The Commission's measures include phasing out supplies of Russian crude within six months and refined products by the end of 2022, von der Leyen said. She also pledged to minimise the impact of the move on European economies.

Hungary and Slovakia, however, will be able to continue buying Russian crude oil until the end of 2023 under existing contracts, an EU source told Reuters.
Russia could offset the loss of one of its primary customers by selling oil to other importers including India and China. Neither country has stopped buying from Moscow.
Needs for much greater supplies are not likely to be met at a meeting on Thursday of the Organization of Petroleum Exporting Countries and allied producers. OPEC+ is expected to stick to its plan for a gradual ramp-up of monthly production.
In the United States, crude stocks rose modestly last week, according to the U.S. Energy Information Administration. Stocks were up 1.2 million barrels as the United States released more barrels from its strategic reserves.
Fuel stocks fell, in part due to stronger exports of products since Russia's invasion as buyers have sought other sources. EIA/S
The markets largely shook off the Federal Reserve's announcement that it would raise interest rates by a half percentage point to try to bring down rising inflation.
"The market was up so strong before the announcement I think (the Fed) was a foregone conclusion," said Gary Cunningham, director of market research at Tradition Energy.- Reuters

1pingpong

585 posts

Posted by 1pingpong > 2022-05-05 09:51 | Report Abuse

after raya. shooting up time

Posted by bullmarket1628 > 2022-05-05 10:27 |

Post removed.Why?

i3Shark

230 posts

Posted by i3Shark > 2022-05-05 10:57 | Report Abuse

buy buy buy now, will up to 0.50

Posted by bullmarket1628 > 2022-05-05 11:16 |

Post removed.Why?

Dangel

422 posts

Posted by Dangel > 2022-05-05 11:44 | Report Abuse

Ready to shoot up soon!

abcd11111

306 posts

Posted by abcd11111 > 2022-05-05 11:54 |

Post removed.Why?

MoneyMakers

7,480 posts

Posted by MoneyMakers > 2022-05-05 16:58 | Report Abuse

Soo close to unlock 45sen..moving up nicely

Lets see what tomorrow brings

Posted by Mohd Qadri Abdul Rani > 2022-05-09 09:11 | Report Abuse

hari ni ada main ka

GoldenShares

3,538 posts

Posted by GoldenShares > 2022-05-11 12:28 | Report Abuse

corruption charges, any progress.......

Posted by Gold_Ticker > 2022-05-11 12:29 | Report Abuse

Continuous down detected.

Fieldbus

10 posts

Posted by Fieldbus > 2022-05-11 20:12 | Report Abuse

Down cos rate hike?

fusing79

98 posts

Posted by fusing79 > 2022-05-11 22:55 | Report Abuse

may i know what does it means by " Management Incentive Plan - 3,211,600 shares at 0.210."

alenac

2,612 posts

Posted by alenac > 2022-05-12 09:38 | Report Abuse

Meaning more shares issued for staff and directors to take up.
Posted by fusing79 > 10 hours ago | Report Abuse
may i know what does it means by " Management Incentive Plan - 3,211,600 shares at 0.210."

nikicheong

2,353 posts

Posted by nikicheong > 2022-05-12 13:08 | Report Abuse

Three leading international contractors or consortia are battling it out to provide a prized floating production, storage and offloading vessel required for Eni’s 1 billion barrel deep-water Agogo project offshore Angola.

Multiple people familiar with the development told Upstream that up to three players are said to be separately carrying out front-end engineering and design studies on the FPSO project, with the price offers for the project’s execution phase likely to be submitted later this year.

Those chasing the FPSO lease contract are said to include Malaysian players Bumi Armada and Yinson as well as Italy’s Saipem, one person said.

Malaysia’s MISC is likely to be involved in a grouping with Saipem, he added.

A second source familiar with the development suggested FEED studies are nearing their completion and the players are said to be preparing commercial offers, as it moves into the engineering, procurement and construction phase.

Up for grabs is a charter contract to supply an FPSO vessel — plus associated operations and maintenance services with a capacity of 120,000 barrels per day, Upstream understands — with a storage capacity of about 1.6 million barrels.

Another FPSO market watcher said Eni had earlier indicated the floater could be required for a period of up to 20 years, but the charter period of the Agogo FPSO could not be confirmed by Upstream.

Eni, Bumi Armada, Saipem and Yinson had not responded to Upstream enquiries about the Agogo project before publishing.

Upstream reported in July last year that the Italian major had hit the market with initial enquiries for the FPSO.

The Agogo project signals that upstream activities are picking up in Angola after years in the doldrums, with other projects on the move including TotalEnergies’ FPSO-based Cameia-Golfinho scheme on Block 21 — following a similar schedule to Agogo — and a shallow-water gas project, also operated by Eni.

Several subsea tie-backs and a swathe of development and infill drilling programmes are also being progressed, while onshore and offshore licensing rounds have attracted a decent number of bidders, as has a farm-out process by state-owned Sonangol.

Located in the far north-west of Block 15/06, Agogo is currently producing about 20,000 bpd of oil as part of an early production system (EPS) involving a 15-kilometre subsea tie-back to an existing FPSO.

There had been plans to boost output from the EPS to 30,000 bpd by 2023, but the status of this project is unclear.

First oil from the new deep-water project is expected to flow in 2026, Upstream understands.

The EoI floated last year mandated that the FPSO hull must not exceed 35 years of age at the end of its 20 years' operational and service life.

Agogo holds oil resources of about 1 billion barrels in place, Mario Dias, Sonangol’s director of E&P said last year during a presentation on the state-owned player's farm-out activities.

Block 15/06 currently hosts the N’goma and Olombendo FPSOs which, together, tap eight fields and produce about 190,000 bpd, according to Eni’s website.

Eni has a 36.84% stake in Block 15/06 and is partnered by Sonangol on 36.84%, with China's state-owned Sinopec on 26.32%.

https://www.upstreamonline.com/exclusive/feed-frenzy-three-chase-fpso-deal-for-eni-s-for-1-billion-barrel-angolan-project/2-1-1216730

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2022-05-12 15:53 | Report Abuse

walao going to break 0.390! :( Holland

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2022-05-12 16:55 | Report Abuse

should back to 0.200 soon!! :(

curiousq

752 posts

Posted by curiousq > 2022-05-12 17:09 | Report Abuse

omg! 0.385

abcd11111

306 posts

Posted by abcd11111 > 2022-05-12 18:23 |

Post removed.Why?

Posted by Mohd Qadri Abdul Rani > 2022-05-12 20:04 | Report Abuse

baru nak merasa hijau...hangit torey

xiao

90 posts

Posted by xiao > 2022-05-13 09:33 | Report Abuse

oil boom

1pingpong

585 posts

Posted by 1pingpong > 2022-05-13 23:10 | Report Abuse

come come come

abcd11111

306 posts

Posted by abcd11111 > 2022-05-16 13:30 |

Post removed.Why?

Macgyver11

2,434 posts

Posted by Macgyver11 > 2022-05-16 15:00 | Report Abuse

●Oil and gas industry: Benefit deposit rate

Petronas Trading (PETDAG, 5681, main board consumer stock), Petronas Petrochemical (PCHEM, 5183, main board industrial stock) and Lotte Tateng Chemical (LCTITAN, 5284, main board industrial stock) all hold net cash, which can be attributed to potential deposits benefit from higher interest rates.

Velesto Energy (VELESTO, 5243, main board energy stocks) core net profit this fiscal year may fall by 2% due to interest rate hikes, while Bumi Amadada (ARMADA, 5210, main board energy stocks) will not have much impact.

DIALOG Group (DIALOG, 7277, Mainboard energy stocks) had no significant impact as net debt was low and the tank terminal business would benefit from a strong US dollar and Singapore dollar.

PKRPACA

76 posts

Posted by PKRPACA > 2022-05-17 07:44 | Report Abuse

Up this week next week agm upper up than tak tau jadi tak 60 sen

i3Shark

230 posts

Posted by i3Shark > 2022-05-17 11:46 | Report Abuse

this stock totally cannot fight with hibiscus, now hibiscus is break out and all times high but this stock still stuck at range 0.4

1pingpong

585 posts

Posted by 1pingpong > 2022-05-17 21:12 | Report Abuse

This time up, will really up kaw kaw

alenac

2,612 posts

Posted by alenac > 2022-05-18 09:50 | Report Abuse

Morning, as I said many times, only a quarter of fantastic result or rather a few quarters and big boss start sapu will the counter lift up to the sky.

Posted by qqqqq111111111 > 2022-05-18 20:54 | Report Abuse

Buy buy buy

Posted by qqqqq111111111 > 2022-05-18 20:55 | Report Abuse

Super good news coring

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