Posted by pang72 > 2023-02-03 16:30 | Report Abuse

If can maintain 60c then all the way up 80c

Posted by pang72 > 2023-02-03 17:32 | Report Abuse

Excellent closing at 61c

Posted by Macgyver11 > 2023-02-03 20:57 | Report Abuse

Yes true. USA in deep sh!!t trouble. Facing us$31.4 trillion debt default. Their own US Treasury Secretary, Janet Yallen warns of financial crisis if USA defaults on debt payment.
(Us$31.4 trillion equal to RM134.6 trillion).

Better observe carefully. Don't fall in love with your stock..situation going to be bad. Possible Take profit first and reduce your stack, keep minimum as possible. 2c

Posted by i_d0tc0m > 2023-02-04 13:33 | Report Abuse

Hello ,
Any idea who buying Armada pass 4 days with significant volume increase??????? What news I miss Plzz??

Posted by HuatlaiOnglai > 2023-02-04 14:44 | Report Abuse

BAB PE 4.72 times vs Sector Avg 11.75. Still more leg to run.

Posted by value_seeker > 2023-02-04 15:02 | Report Abuse

Lurker Saudi breakeven is 80+. You are misleading with bad intention. You got dark heart. You hope for something that is transparent. Have decency.

Posted by BobAxelrod > 2023-02-04 15:15 | Report Abuse

Blinken's trip to China on Monday is on indefinite delay......seems due to a large "Spy" weather balloon over a city in USA.

Posted by OrlandoOilSemiconIoT > 2023-02-04 15:24 | Report Abuse

F4BGM

For the uninitiated...

Posted by OrlandoOilSemiconIoT > 2023-02-04 15:26 | Report Abuse

THE energy sector faces intense pressure to drive the transition to a low-carbon economy. As a source of around three-quarters of global emissions, the energy sector has a hard road ahead to achieve global and national climate targets.

“The scrutiny is real. We have been getting a lot of questions from investors, financiers and other stakeholders on various environmental, social and governance (ESG) issues, but specifically on our climate strategy,” shares Lim Chern Yuan, CEO of Yinson Holdings Bhd.

“In terms of the energy sector, there is increasing pressure on companies to disclose our decarbonisation plans and ESG performance scorings, such as FTSE4Good Index, which require a minimum climate change score.”

This pressure is not a new development; those with international value chains have long seen this coming.

“Right from the start, when we engaged with potential international stakeholders, I remember some companies requesting for our ESG credentials. Although, at the time, it was more on social and governance themes, we had to demonstrate strong compliance and supply chain policies.”

“In the early days of our sustainability journey, we engaged with a stakeholder who placed high regard on ESG and climate disclosure as part of the due diligence process.

“Within the context of those discussions, we realised there were significant gaps in our processes and policies,” Lim admits.

“We realised that we needed to put in serious resources to improve our ESG processes. That accelerated the drive to implement the policies and procedures so we can support our commercial agenda as well as build our resiliency.”

Yinson emphasises that it is not an easy endeavour. “If you go to market, the details of your ESG initiatives and climate strategy will be asked. We need to demonstrate that we are making progress in mitigating the carbon emissions generated. The challenge is trying to manage this particular process and maintain the consistency and availability of data,” he shares.

“As our business grows, gathering this kind of information becomes increasingly challenging. It involves a range of internal and external stakeholders with different levels of sustainability maturity,” he adds.

So what can companies do to overcome this? “One way to address this challenge is by having the continuous implementation of digital solutions and applications to enhance the data collection, monitoring and verification process.

“The aim is to have a platform where ESG-related data can be consolidated and updated regularly. This will promote a standardised approach to data management and improve transparency in data disclosure.”

Yinson’s early embarkation on sustainability has definitely helped the company capture new opportunities and gain a competitive edge.

“We made history by successfully pricing Malaysia’s first sustainability-linked sukuk, issuing RM1bil in a five-year sustainability-linked sukuk wakalah,” Lim proudly states.

“This sustainability-linked sukuk issuance aligns with Yinson’s climate goals and performance. This shows how climate targets and action plans are now part and parcel of stakeholder expectations such as financial institutions, investors and potential clients,” he concludes.

CEO Action network

This article is contributed by members of the CEO Action Network

Posted by OrlandoOilSemiconIoT > 2023-02-04 15:27 | Report Abuse

Yinson is tying so hard to get in

Posted by OrlandoOilSemiconIoT > 2023-02-04 15:28 | Report Abuse

Now there is a justifiable premium for Armada

Posted by OrlandoOilSemiconIoT > 2023-02-04 15:29 | Report Abuse

More upside...

Posted by OrlandoOilSemiconIoT > 2023-02-04 15:31 | Report Abuse

F4BGM

Posted by OrlandoOilSemiconIoT > 2023-02-04 16:07 | Report Abuse

Yinson pe 16x.....

Posted by Bon888 > 2023-02-04 16:57 | Report Abuse

Armada if trading at PE 16X the theoretical price should be RM 1.73.

Current price is undervalued. I also believe the management already learnt from past mistakes. The debts ratio has improved a lot since last crisis. Now is a new chapter for Armada.

Posted by BobAxelrod > 2023-02-05 08:22 |

Post removed.Why?

Posted by Income > 2023-02-05 09:39 | Report Abuse

ahyoyo, simple lah.

Posted by Income > 2023-02-05 14:34 | Report Abuse

https://fb.watch/iv1NIUMoVv/?mibextid=cr9u03

Posted by BobAxelrod > 2023-02-05 14:50 | Report Abuse

Lurker, you need to check your glasses or your ears are filled with plugs? When did I say or write production cost at USD0.00 ??? Please read carefully lor, least perjury in Court nanti susah.

Posted by Sslee > 2023-02-05 16:10 | Report Abuse

Exxon and Shell Chairman should be held responsible, accountable and answerable for exceesive profit and greenwashing their carbon footprint that cause winter storm of negative 30+ degree F in USA.

Subpoena will be issued to Exxon and Shell Chairman for congressional hearing for them to answer the charge of crime against humanity and climate change.

Posted by Sslee > 2023-02-05 16:40 | Report Abuse

Exxon knew it could be damaging the planet. But the research was never made public.

For years, climate-change activists have marched under placards daubed with the legend: “Exxon knew”. The oil giant, they said, had uncovered proof decades ago that burning fossil fuels was heating up the planet.

Now a paper published last month seems to suggest that the activists were right all along.

Drawing on research from 32 internal documents produced by Exxon’s scientists between 1974 and 2002, together with 72 peer-reviewed publications to which the company’s staff had contributed between 1982 and 2014, the paper showed the fossil fuel giant’s predictions concerning global warming have now proved to be “startlingly accurate”.

Contained within this documentary trove were 16 different temperature projections that had been calculated by the oil giant’s in-house climate models. They show that Exxon forecast global warming could occur at a rate of roughly 0.2C a decade. They were right. In fact, the study concluded that the forecasts made by Exxon’s boffins were more accurate than those made by Nasa’s scientists.


Oil and gas companies are facing dozens of lawsuits in the US in which they are accused of deceit and responsibility for climate damages. The attorney general of Massachusetts, for example, has alleged Exxon possessed “long-standing internal scientific knowledge of the causes and consequences of climate change” and engaged in “public deception campaigns”.

Joe Biden, the US President has pledged to hold fossil fuel companies accountable. Earlier this week, the Texas-based oil supermajor revealed it raked in a record profit of $55.7 billion (£45 billion) last year, thanks to surging energy prices following Russia’s invasion of Ukraine, which will likely add to the political scrutiny it is facing.

Is this new study the smoking gun that proves Exxon did know about the threat of climate change from burning fossil fuels? The authors of the study claim it does.

“Our findings demonstrate that ExxonMobil didn’t just know ‘something’ about global warming decades ago – they knew as much as academic and government scientists knew,” they write

Posted by value_seeker > 2023-02-05 21:37 | Report Abuse

Lurker is losing i think. Missing the boat and want to get on but feel price too high. The price will get even higher. You will be still at the harbour waiting and hoping people will fall under your false information. Your talk cheap.

Posted by nikicheong > 2023-02-05 21:52 | Report Abuse

So much rubbish being posted since the recent run up in price. Hard to have a serious discussion anymore.

Posted by Zhuge_Liang > 2023-02-05 23:43 |

Post removed.Why?

Posted by Sslee > 2023-02-06 07:58 | Report Abuse

The Offshore Oil Business Is Gushing Again
Rigs that haven’t been used in years are setting out to sea as demand for energy surges. ‘Everyone started drilling again.’

Transocean’s $1.2 billion Deepwater Titan, which will soon drill for oil in the waters of the Gulf of Mexico. TRANSOCEAN
By Bob HendersonFollow
Jan. 21, 2023 12:00 am ET

The $1.2 billion Deepwater Titan sat idle in a Singaporean shipyard for five years, looking like an abandoned cruise ship with a derrick attached to its deck. Soon this vessel that spans nearly three football fields will depart for the deepest waters of the Gulf of Mexico, where its crew will be able to drill 8 miles below the seafloor in search of oil for Chevron Corp.

The hunt for offshore petroleum is on again, fueled by a surge in global demand for energy, supply disruptions triggered by the war in Ukraine and crude prices that remain above prepandemic levels. Other giant rigs such as Titan that were dormant near the end of the last decade are also now operating in deep waters along the coast of Brazil, while rigs lacking propulsion are mining shallower waters in the Middle East after hitching rides to that part of the world on tugboats.

Posted by Sslee > 2023-02-06 08:00 | Report Abuse

Since everyone started drilling again will more oil find flooding the market?

Posted by Sslee > 2023-02-06 08:53 | Report Abuse

By the way who is the owner of Gulf of Mexico?

Posted by BobAxelrod > 2023-02-06 08:53 |

Post removed.Why?

Posted by BobAxelrod > 2023-02-06 09:07 | Report Abuse

Blockbuster Movie.........Deepwater Horizon....true story.

https://www.nola.com/news/business/bp-ceo-bob-dudley-who-managed-aftermath-of-gulf-oil-spill-to-retire/article_2fb159d2-e6b2-11e9-b2bd-db2129c4ceda.html

Posted by pang72 > 2023-02-06 11:24 | Report Abuse

How come got karma smell?

Posted by BobAxelrod > 2023-02-06 13:04 |

Post removed.Why?

Posted by value_seeker > 2023-02-06 13:44 | Report Abuse

The desperation of Lurker. His failure or more on his investment failure is transparent for all. Hw could wanted to buy for less than 32 but his stinginess caused him to missed and sitting alone at the harbour. Lurker buy the ticket for next boat at 61 to be with the investors. You are now shitting on Armada but remember you can not buy anthing less than 61. Soon you might not be able to buy any as you look very desperate for less than 32.

Posted by OrlandoOilSemiconIoT > 2023-02-06 15:28 | Report Abuse

WTF



Whatever

Armada new normal post high gearing post Covid post Putin special operation post China lockdown post F4BGM should be PE 10x to 17x

No more discount

Posted by OrlandoOilSemiconIoT > 2023-02-06 15:39 | Report Abuse

Whatever

Armada new normal post high gearing post Covid post Putin special operation post China lockdown post F4BGM should be PE 10x to 17x

No more discount

Posted by value_seeker > 2023-02-06 15:54 | Report Abuse

Lurker want 40 cents and he is not getting any below 60 cents. He try to scare all the far sighted investor. He waves hard for the ship to turn back but it will only be berthing at 61 cents port. Lurker you are considered benched.

Posted by MY6666 > 2023-02-06 16:28 | Report Abuse

any good news ?

Posted by Sslee > 2023-02-06 16:47 | Report Abuse

Brent crude futures steadied around $80 per barrel on Monday as IEA Executive Director Fatih Birol said over the weekend that China’s economy could be poised for a stronger-than-anticipated rebound that will boost demand for crude, Bloomberg reported. A European ban on seaborne imports and price caps for Russian oil products also came into effect on Sunday. Elsewhere, OPEC+ recently decided to maintain its current output policy, with Saudi Arabian energy minister Prince Abdulaziz bin Salman saying over the weekend that the kingdom will remain cautious about raising supply. Meanwhile, the international oil benchmark dropped nearly 3% on Friday, bringing weekly losses to almost 8% after stronger-than-expected US jobs data suggested the Federal Reserve has more room to hike interest rates. A highly uncertain outlook for China's demand recovery and robust Russian oil exports to Asia also weighed on energy markets.

Posted by Income > 2023-02-06 16:54 | Report Abuse

You are the Sifu who can see long b4 other can see



Posted by i3lurker > 7 minutes ago | Report Abuse

the good news is oil price is down

Posted by Sslee > 2023-02-06 16:59 | Report Abuse

DBS banker was wrong to predict once China reopen and running on all cycliders then Brent crude will be USD 150.

Note: He miscalculate that the ban Russian oil is selling at discount and marked as Malaysia crude is flooding the China crude import.

Posted by BobAxelrod > 2023-02-06 18:12 |

Post removed.Why?

Posted by BobAxelrod > 2023-02-06 18:36 |

Post removed.Why?

Posted by BobAxelrod > 2023-02-06 18:37 | Report Abuse

To support 5.9 Billion shares.......how much profits and what EPS/ PE??? Not worth the risks......Bye

Posted by fudrud > 2023-02-06 21:47 | Report Abuse

Hi Bob, how many times you going to say Bye?

Posted by serpent100 > 2023-02-07 06:18 | Report Abuse

WTI already up to 74.xx looks like up to 85.00

Posted by pang72 > 2023-02-07 13:08 | Report Abuse

ARMADA 80c on the way

Posted by pang72 > 2023-02-07 13:09 | Report Abuse

Let's it ding ding ding ding 2 wks at 60c range then shot up

Posted by Macgyver11 > 2023-02-07 18:23 | Report Abuse

https://www.thestar.com.my/business/business-news/2023/02/07/bursa-falls-as-economic-jitters-escalate

Posted by Bon888 > 2023-02-07 19:43 | Report Abuse

Today's market is weak but Armada still going up. Something is behind this uptrend.

Posted by DickyMe > 2023-02-08 12:56 | Report Abuse

Super global crash coming soon.
Stay low until September.
Many stocks will be available in pasar malam.

Posted by Macgyver11 > 2023-02-08 14:26 | Report Abuse

Aiyo yo! Not again...