Posted by Heungheungloveyou > 2022-10-19 15:10 | Report Abuse

a typical old man stock, only down no up, not a stock for investment

Posted by Macgyver111 > 2022-10-19 16:10 | Report Abuse

Shark killing us like crazy..haha!

Posted by Macgyver111 > 2022-10-19 16:12 | Report Abuse

Cannot tahan you hv to dispose it..

Posted by Macgyver111 > 2022-10-19 16:13 | Report Abuse

Bursa not going to give you easy money na..

Posted by success2628 > 2022-10-20 07:03 | Report Abuse

Walaoeh, oil price spike up like mad !
Brent closed at=> $92.41 +2.38 +2.64 %

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

Congratulations to all the Armada die hard supporters!

Posted by hng33 > 2022-10-20 09:59 | Report Abuse

Allocate balance fund to add all armanda at 38sen

Posted by success2628 > 2022-10-20 10:50 |

Post removed.Why?

Posted by yangkwang99 > 2022-10-20 13:36 | Report Abuse

This is tofu leg counter! Ha!! Weak support but number one profit taking counter even for a packet of Nasi lemak! Regret????

Posted by Robert Waters > 2022-10-20 15:47 | Report Abuse

Armada is leading in short shares as well. Sharks expect shares to tank soon ???

5210 ARMADA BUMI ARMADA BERHAD 29,983,564 0.51

Posted by hng33 > 2022-10-20 16:05 | Report Abuse

Technically, Armanda share price is about turning UP point, reversal chart is expected next

Posted by hng33 > 2022-10-20 16:17 | Report Abuse

With absent of RM 80m one of impairement loss incur in previous Q2, the next upcoming Q3 should deliver additional 1sen on top of Q2 EPS. In additional, USD profit is strengthen further by another 5% in Q3 if compared to Q2. Therefore, next Q3 should deliever up to EPS = 4.5sen

Posted by success2628 > 2022-10-20 16:21 |

Post removed.Why?

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 Macgyver111 > 2022-10-24 11:17 | Report Abuse

Today where got bursa...you mimpikah. Lol!!

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 Macgyver111 > 2022-10-27 20:07 | Report Abuse

Another excellent qtr coming..

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

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

Posted by Macgyver111 > 2022-10-28 15:46 | Report Abuse

Avoid Tech & Financial stocks at the moment. Stay safe in Energy

Posted by Macgyver111 > 2022-10-28 22:49 | Report Abuse

From the middle of June until the end of last month, crude was in a sustained downward trend that saw WTI futures drop 38% from a June 14th high of 123.68 to a September 26th low of 76.25. That move was not in a straight line, of course, and contained at least half a dozen retracements that looked promising at times, but ultimately turned out to be bear market rallies, consolidation-type moves that set up for more selling quite quickly. I have stayed bearish during that time, but over the last few days, my long-term base case has shifted.
When CL started to bounce off that September low, most were suspicious, given how many false dawns we had already witnessed. Now, however, a month after that low was hit, this is starting to look like a sustainable rally, both on the chart and in terms of the fundamentals.

From a chart perspective, this looks more like a reversal than just another retracement. After climbing off the low, CL did retrace a little, but over the last few days has bounced back again. That would indicate that an actual low has been formed and if we continue higher and break above 93.64, we will be in the third wave of a bullish Elliott pattern. There is still some way to go to get there, but it looks more likely now than a drop back to $76, not least because the economic outlook had changed.

The change is actually quite subtle, but it improves the outlook for oil demand considerably.

As Q3 earnings have come in, a pattern is emerging. Most of the bad earnings reports, with top and bottom-line misses and lowered guidance, have come in the areas of tech, and business-to-business companies. The disastrous META earnings this morning would be a case in point. Meanwhile, consumer-oriented and manufacturing businesses have actually faired quite well. Companies like Coca-Cola (KO) and GM (GM) did relatively well in Q3 and in many cases have actually raised their Q4 outlooks. That indicates that businesses have been cutting back in anticipation of a recession, but that recession hasn’t really come because consumers are still spending.

That is a good sign for oil, demand for which is far more sensitive to consumer activity than it is to software or online ad sales, but it also increases the chances of a “soft landing” for at least the US, and maybe even for the global economy. US GDP rose 2.6% last quarter after two consecutive quarters of declines. That might be seen as increasing the risk of even more drastic tightening by the Fed, but there have also been recent signs that price increases are moderating. That would increase the chances of them easing up a bit and maybe pausing hikes until the impact of the hikes so far is known. Over the last week or so, the bond market has begun to see that as a distinct possibility, with yields coming off their highs and the inverted yield curve flattening out somewhat.

So, it is possible, likely even according to the data, that the economy will not crash before the Fed stops squeezing, and that there will be only a quite small slowdown with what weakness there is concentrated in areas of the economy that are not important in terms of oil demand. Given that the drop has really been about demand, that is a huge change in fundamental conditions, which is why, over the last few days, I have swung from bear to bull.

So, if we go back to the chart, where would we be headed in a bull market? The first target would be a break above the October 10th high of $93.64. As I said that would confirm this move up as the third wave in an Elliott pattern and if that happens, then Elliott theory says we would go up above $100 before retracing again in wave four, then push back up above the third wave high in wave five. All of that looks far more likely now than it did just a few days ago, so I for one will be trading with a long-term long bias until things change again.

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 Macgyver111 > 2022-11-02 16:42 | Report Abuse

Hold lar, Armada better than serba or Knm. Biar lambat asalkan selamat.

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 Macgyver111 > 2022-11-03 12:54 | Report Abuse

Diam diam jgn banyak comments nanti turun balik. Investors & sharks also reading this blog tau..sssssh! Diam diam ambil profit..kiki!

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 Macgyver111 > 2022-11-03 15:01 | Report Abuse

Got english version kah...cakap cina gua mana Faham. Cap ayam betuiii

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