Posted by thesteward > 2022-10-20 16:57 | Report Abuse

At least sud be 55 sen la . Fingers. Crossed

Posted by hng33 > 2022-10-20 17:03 | Report Abuse

TA bullish now

Posted by success2628 > 2022-10-20 17:28 |

Post removed.Why?

Posted by success2628 > 2022-10-20 17:29 |

Post removed.Why?

Posted by success2628 > 2022-10-20 18:01 | Report Abuse

FBM KLCI surges 22.62 points amid GE15 certainty
MARKETS
Thursday, 20 Oct 2022 5:18 PM MYT
https://www.thestar.com.my/business/business-news/2022/10/20/fbm-klci-surges-2262-points-amid-ge15-certainty

KUALA LUMPUR: The FBM KLCI jumped 1.6% while volume across Bursa Malaysia exceeded 2.7 billion shares amid certainty on Malaysia's 15th general election (GE15) timing.

The Election Commission announced earlier that GE15's polling date will be on Nov 19, with early voting set for Nov 15 while the nomination date is on Nov 5.

At 5pm, the market barometer jumped 22.62 points, or 1.6% to 1,437.72, its intraday high.

In the broader market, gainers outnumbered laggards 493-to-365. Activities were encouraging with 2.7 billion shares worth RM2.6bil changed hands.

Dealers said the local bourse is moving ahead strongly as GE15’s date is now certain.

Among the gainers on Bursa Malaysia, Hextar Technologies jumped RM2 to RM9.10, Nestle rose RM1.30 to RM134, Heineken added 78 sen to RM23.68 and Carlsberg gained 64 sen to RM22.84.

Malaysian Pacific Industries tumbled RM1.08 to RM25.16, Dutch Lady shed 74 sen to RM30.56, British American Tobacco lost 28 sen to RM10 and Ayer declined 25 sen to RM5.95.

Posted by VincentTang > 2022-10-24 10:52 | Report Abuse

Hang Seng big drop 4.5% today. Be careful.

Posted by VincentTang > 2022-10-24 11:42 | Report Abuse

Aiyo, I mean tomorrow lah.

Posted by Star8888 > 2022-10-24 12:09 | Report Abuse

Hang Seng big drop 5.17% and China A50 drop 2.85% now. Market going to crash?

Posted by MoneyMakers > 2022-10-26 17:32 | Report Abuse

Just 1month++ left until EU oil ban (Dec 5)

Hopefully can have early christmas rocket

Posted by success2628 > 2022-10-27 10:18 |

Post removed.Why?

Posted by VincentTang > 2022-10-28 13:43 | Report Abuse

Hang Seng big drop now, drop to 52 weeks low. Better sell.

Posted by MoneyMakers > 2022-10-29 14:41 | Report Abuse

Oil super strong & getting stronger yr-end

Armada nice rally this week..hopefully nxt week can blow past 40sen

Posted by yangkwang99 > 2022-10-31 11:16 | Report Abuse

Ya! Dream is on!

Posted by hookie89 > 2022-11-01 15:54 | Report Abuse

Up slightly then braking hard.

Posted by yangkwang99 > 2022-11-02 09:24 | Report Abuse

Such low volume smells danger!

Posted by hng33 > 2022-11-02 09:49 | Report Abuse

:D)

Posted by thesteward > 2022-11-02 09:50 | Report Abuse

Hng Tq for all your unselfish sharing

Posted by hng33 > 2022-11-02 12:46 | Report Abuse

TA bullish

Posted by Heungheungloveyou > 2022-11-02 15:29 | Report Abuse

turtle run. A possible privatization candidate?

Posted by Robert Waters > 2022-11-02 15:46 | Report Abuse

I have been with this counter for a few years. I learnt 2 things...

1. It never fails to disappoint, and all upswings inevitable fizzle, dropping below fair value
2. It is pointless to try to convince investors that Armada is NOT related to oil price. If investors believe it is, then so should it be.

Let's hope for a surprise though. Russia is on our side. They paid for the ships, employed the construction vessels, and now they attack oil price ceilings. Let us hope they succeed.

Posted by MoneyMakers > 2022-11-02 16:58 | Report Abuse

Ding3 easily blow past 40sen..beautiful rally

Posted by success2628 > 2022-11-03 07:02 | Report Abuse

Walaoeh, oil price continue to spike up like mad !
Brent closed at=> $96.16 +1.51 +1.69 %

Like that today Armada will be limit up already liao lah !

Congratulations to all the Armada die hard supporters!

Posted by 1pingpong > 2022-11-03 09:51 | Report Abuse

Armada is moving side waysssss......not up or down. But sidewayssssss...

Posted by Arron Wei > 2022-11-03 13:13 | Report Abuse

Yalah. Everytime the uptrend chat is formed. Then it will drop back

Posted by ITreeinvestor > 2022-11-03 14:23 | Report Abuse

ARMADA ｜ 长期被低估的股票？解决这三个问题市值绝对会爆炸！
https://www.youtube.com/watch?v=5JxPqhP9Pe4

Posted by 1pingpong > 2022-11-03 15:53 | Report Abuse

top up more at 0.410 to average down...we are hardcore Fans.. We believe Armada is going to soar soon, just like Hibiscus. add more into this counter. Showhand.

Posted by Robert Waters > 2022-11-03 17:47 | Report Abuse

How could we have missed it ... it is MAJOR NEWS !!!
Shapoorji Pallonji’s FPSO Armada Sterling-V Achieves Sail-Away Readiness By Saur News Bureau/ Update...
India’s sole specialist in Floating Production Storage and Offloading Units (FPSOs), Shapoorji Pallo...

Read more at: https://www.saurenergy.com/solar-energy-news/shapoorji-pallonjis-fpso-armada-sterling-v-achieves-sail-away-readiness
Read more at: https://www.saurenergy.com/solar-energy-news/shapoorji-pallonjis-fpso-armada-sterling-v-achieves-sail-away-readiness

Posted by Robert Waters > 2022-11-03 18:18 | Report Abuse

Full text here so that web crawlers and bots can catch the news ... nice.

Shapoorji Pallonji Oil & Gas Pvt Ltd (SP O&G), a specialist in Floating Production Storage and Offloading Units (FPSOs) has achieved a significant milestone of sail-away readiness for its FPSO Armada Sterling V at Sembcorp Shipyard in Singapore. The FPSO is owned by SP O&G’s 70:30 joint venture with Malaysia’s Bumi Armada group. This is Shapoorji Pallonji’s fourth FPSO and its third FPSO for Indian waters.

FPSO Armada Sterling V will be deployed in Cluster 2 of ONGC’s KG 98/2 block in the east coast of India, which is ONGC’s first deep-water development. ONGC is investing over US $5 billion on this development, which includes an FPSO, a process platform and other facilities. The overall production of Cluster 2 is expected to peak at ~16.5 million standard cubic metres per day of gas and 78,000 barrels per day of crude oil, with the potential to reduce India’s annual import bill by $4.5 billion. At this crucial time, ONGC’s committed efforts to the project’s success will ensure India’s energy security. The project has provided valuable deep-water experience to ONGC and will give it enormous confidence to pursue challenging ultra-deepwater developments in India’s east coast.

Ravi Shankar, CEO & Director of SP O&G, said, “In the next decade, the world will need an additional 40 FPSOs, at least 20 Floating Storage and Regasification Units (FSRUs), and 10 Floating Liquified Natural Gas units (FLNGs). We are well-positioned to deliver large projects efficiently with state-of-the-art in-house engineering, project management teams and operations & maintenance capabilities. We have the advantage of India’s high-quality talent pool for the offshore industry. The capabilities we have developed will gradually enable Indian shipyards and fabrication entities to transition from conventional shipbuilding to handling technologically advanced vessels.”

The FPSO features 13 modules and central pipe racks weighing over 20,000 tonnes, with a processing capacity of ~60,000 of barrels per day of liquids and 3 million standard cubic metres per day of gas. It will be the largest ‘floater’ in Indian waters, measuring 321 metres in length and 60 metres in width, with a storage capacity of over 800,000 barrels.

Armada Sterling V is designed for continuous operations up to maximum wave heights of over 27 metres. It is engineered and delivered by a team of Indian engineers and project personnel. It is equipped with state-of-the-art technologies, including artificial intelligence and machine learning aspects, radar-controlled oil slick monitoring technologies and remote monitoring.

Ankit Garg, President – Projects of SP O&G, said, “We are working towards leveraging the enormous potential of Artificial Intelligence. We equip our FPSOs with AI solutions that allow us to better plan maintenance, thereby ensuring continuous oil and gas production.”

Posted by Robert Waters > 2022-11-03 18:21 | Report Abuse

And there are still 24 mln shares short. Someone will be in trouble, shortly.

5210 ARMADA BUMI ARMADA BERHAD 24,096,564 0.41

Posted by hng33 > 2022-11-03 21:50 | Report Abuse

Great news for armanda

Posted by Heungheungloveyou > 2022-11-04 09:11 | Report Abuse

really a great news? how come no effect...lol

Posted by nikicheong > 2022-11-04 10:41 | Report Abuse

This is amazing news. Bumi Armada has been updating that sailaway readiness will be achieved in Oct 2022.

If true, it should start moving the price up once the FPSO actually begins moving out to India, and then again the price will improve with first oil. So lets see how it goes.

Posted by nikicheong > 2022-11-04 13:29 | Report Abuse

Some more news: https://energy.economictimes.indiatimes.com/news/oil-and-gas/shapoorji-pallonji-builds-floating-rig-for-ongcs-kg-wells/95287960

"Shapoorji Pallonji spokesman while refusing to divulge costing details told PTI that the vessel will be reaching the domestic waters sometime before December-end."

Posted by success2628 > 2022-11-04 13:54 | Report Abuse

Shapoorji Pallonji builds floating rig for ONGC's KG wells

Named Armada Sterling V, the FPOS was built at the Sembcorp Shipyard in Singapore in association with Malaysia’s Bumi Armada group. The company has a 70:30 joint venture with the Malaysian group, Shapoorji Pallonji Oil & Gas said in a statement on Thursday.

https://energy.economictimes.indiatimes.com/news/oil-and-gas/shapoorji-pallonji-builds-floating-rig-for-ongcs-kg-wells/95287960

Posted by success2628 > 2022-11-04 13:56 | Report Abuse

Like that today Armada going to limit up already liao lah !

Congrats to all the Armada die-hard supporters !

Posted by Heungheungloveyou > 2022-11-04 16:27 | Report Abuse

limit up 1c, then U turn within same day... Lol...

Posted by Heungheungloveyou > 2022-11-04 16:29 | Report Abuse

it is not a stock for investment, don't waste your time and cost of opportunity here.

Posted by success2628 > 2022-11-05 09:15 | Report Abuse

hng33, at what price we should closed position & take profits ?
Any idea ?

Posted by MoneyMakers > 2022-11-05 13:05 |

Post removed.Why?

Posted by hng33 > 2022-11-07 11:38 | Report Abuse

Top up all margin line capital to armanda at 42.5sen

Posted by nikicheong > 2022-11-07 13:16 | Report Abuse

Sailaway ceremony was held over the weekend at the yard in Singapore. The journey of Armada Sterling V to the KG DW 98/2 field should begin any day soon.

Posted by success2628 > 2022-11-07 14:13 | Report Abuse

hng33, normally you will say sold all @0.425 to take profits first and wait for witness then only re-enter..
Your Purchase at @0.38 and unloaded all at @0.425 sure will make a hugh handsome profits !

But Why u even not unloaded all but to top up margin and sailang all at @0.425

Can tell us why ?

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

All ready for sailaway!

https://ibb.co/WGjrVV7

Posted by hng33 > 2022-11-07 15:36 | Report Abuse

sold off all armanda at 42.5sen, locked all profit, offset slightly on today intraday transaction cost loss

Posted by success2628 > 2022-11-07 15:57 | Report Abuse

Follow hng33 to unloaded all Armada shares at @0.425, take profits first then when hng33 re-enter then only i will follow hng33 to buy back Armada shares at low low price…

Posted by success2628 > 2022-11-07 15:57 | Report Abuse

i follow hng33 to in and out for Armada shares already making few round of profits !

Thanks hng33 !

Posted by hng33 > 2022-11-07 16:03 | Report Abuse

We deem the results to be within our expectations (57%) but above consensus (61%) as we believe 3Q22 might post weaker earnings performance as Armada Kraken is slated for maintenance in Sep 2022.

Remark: Armanda major earning driver, Kraken, will on maintenance in Sept, will affect revenue income for Q3

Posted by success2628 > 2022-11-07 16:16 | Report Abuse

Yes, hng33’s analysis on Armada is always acculate, So guys, please take profits first and wait for re-enter at low low price ya !

Posted by yangkwang99 > 2022-11-08 04:44 | Report Abuse

Sorry not this time. Price will be up!!!

Posted by yangkwang99 > 2022-11-08 09:58 | Report Abuse

Some positive signs operator will push price soon! Cheers!