BUMI ARMADA BERHAD

KLSE (MYR): ARMADA (5210)

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Last Price

0.475

Today's Change

+0.005 (1.06%)

Day's Change

0.465 - 0.48

Trading Volume

4,915,300


45 people like this.

72,222 comment(s). Last comment by spencer628 1 day ago

Icon 888

2,297 posts

Posted by Icon 888 > 2023-03-03 11:16 | Report Abuse

Gem

Nepo

3,390 posts

Posted by Nepo > 2023-03-03 11:26 | Report Abuse

Let see can cross and stay above RM 0.70..it's very impt

rr88

6,532 posts

Posted by rr88 > 2023-03-03 11:31 | Report Abuse

Gostan. Early gostan move. The earlier you cut loss the better.

pang72

50,932 posts

Posted by pang72 > 2023-03-03 12:12 | Report Abuse

Wow...
Shit..
Karma smell...
Celaka

Zhuge_Liang

2,418 posts

Posted by Zhuge_Liang > 2023-03-03 12:28 |

Post removed.Why?

pang72

50,932 posts

Posted by pang72 > 2023-03-03 12:59 | Report Abuse

Thank you Rr88 sifu..
Sold armada...
Luck is not good, must cut win fast fast on karma stock...

RISK8888

2,231 posts

Posted by RISK8888 > 2023-03-03 13:43 | Report Abuse

This company make money, why sell so early?

Bon888

3,368 posts

Posted by Bon888 > 2023-03-03 13:51 | Report Abuse

When market is hot, sell some. When it dropped buy back. No one knows how long this rally will last. Just prepare for the worst and be optimistic on the future of this company.

Zhuge_Liang

2,418 posts

Posted by Zhuge_Liang > 2023-03-03 13:52 |

Post removed.Why?

Zhuge_Liang

2,418 posts

Posted by Zhuge_Liang > 2023-03-03 13:54 | Report Abuse

Posted by Bon888 > 1 minute ago | Report Abuse
When market is hot, sell some. When it dropped buy back.
-----------
Good strategy, good luck to you.

Fieldbus

10 posts

Posted by Fieldbus > 2023-03-03 14:07 | Report Abuse

Niki, I have not seen your post that was deleted by the site moderator and if it is a pulled out from the upstreamonline, then the moderator must have a weird mind set. Need a check-up.

pang72

50,932 posts

Posted by pang72 > 2023-03-03 14:27 | Report Abuse

High debt stock is for trade not for hold.
Any time will gostan like today..especially in recession day

Posted by OrlandoOilSemiconIoT > 2023-03-03 15:47 | Report Abuse

Armada has ticked all the boxes

Including high ESG score

Seen sign of institutional funds buying?

Posted by OrlandoOilSemiconIoT > 2023-03-03 15:50 | Report Abuse

Conventional technical wisdom

Strong resistance will turn strong support

Will price collapse back?

MM78

604 posts

Posted by MM78 > 2023-03-03 15:53 | Report Abuse

Armada net operating cash flow is so strong at the moment, gearing ratio has remarkably been reduced to less than 1. Its FPSO operations are running well under current CEO tenure, the money loosing OSVs are literally sold off . I cant see much risk of huge hick ups. I am still keep about 60 % of my total holding of Armada from the peak holding in the last 8 years. Keep my fingers crossed Armada financial results in next few quarters would even better. One potential catalyst is for Armada to eliminate the still outstanding accumulated losses of RM 766 K ( see UNAUDITED CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY on page 6 of Qtr 4 FY 22 report) before it is allowed to declare any dividend in future. As for market risk, I cannot see how much would its share price be affected should the USA Government's potential deficit crisis blow up sometime in Jue/July .

alenac

2,649 posts

Posted by alenac > 2023-03-03 15:56 | Report Abuse

Likely big boss is in. Now funds chasing? 50 mill turnover, the game is on?
pang72
What is up on armada?

4 hours ago

Nepo

3,390 posts

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

Most probably the operator is speculate this:-

Malaysian floater player pins down strategy for African FPSO
Bumi Armada has rolled out a dual plan to ensure the availability of yard slots for the Cameia-Golfinho conversion work

2 March 2023 23:01 GMT UPDATED 2 March 2023 23:01 GMT
By Xu Yihe and Russell Searancke in Houston and Oslo
Malaysian contractor Bumi Armada has rolled out a contracting strategy to provide a floating production, storage and offloading vessel if it secures the major contract for TotalEnergies’ Cameia-Golfinho project offshore Angola.

Last year, the French energy giant provisionally lined up Bumi Armada to supply the FPSO which will have a production capacity of 100,000 barrels per day and be the first project in the Kwanza basin.

Since then, Bumi Armada and TotalEnergies have been grappling with rising supply chain costs, with the French supermajor determined to only sanction developments that are “resilient” to oil prices under $20 per barrel, have a breakeven cost of less than $30 per barrel and whose emissions are below 19 kilograms per barrel.

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

This feels like a re rating

Overdue

alenac

2,649 posts

Posted by alenac > 2023-03-03 16:05 | Report Abuse

No 60 mill plus turnover, pent-up frustration after so many years of downs.

Posted by OrlandoOilSemiconIoT > 2023-03-03 16:11 | Report Abuse

Big volume

Funds buying based speculation?

Posted by OrlandoOilSemiconIoT > 2023-03-03 16:12 | Report Abuse

Armada backs from oblivion

Should be accorded due recognition

alenac

2,649 posts

Posted by alenac > 2023-03-03 16:13 | Report Abuse

80 mill today?

Posted by OrlandoOilSemiconIoT > 2023-03-03 16:15 | Report Abuse

Armada announced to do just one RE.............

Posted by OrlandoOilSemiconIoT > 2023-03-03 16:18 | Report Abuse

U wanna speculative....

alenac

2,649 posts

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

Let it slow and retrace. No harm done. Oil price will be expected to move up in 2nd quarter for china and the rest to restock after the world economy is in full swing and the battle in Ukraine enter the second year with fierce fighting in Bakmut while American makes money supplying gas to Europe.
Looks like the market resting as today is Friday. But quite good play anyway. Operator target price achieved. Next week perhaps.

zonefinder

235 posts

Posted by zonefinder > 2023-03-03 16:55 | Report Abuse

Those of us who have been waiting for last few year will be rewarded other next couple of qtrs. All the fundamentals are good and improving. A re-rating after a major win will drive this up further. Notice Armada price almost caught up with TopGlove and Supermax?

paktua73

18,265 posts

Posted by paktua73 > 2023-03-03 17:25 |

Post removed.Why?

Bon888

3,368 posts

Posted by Bon888 > 2023-03-03 17:30 | Report Abuse

Long time no see paktua73, Tut Tut!
You showing face here meaning got something big coming. Tut tut!

Bon888

3,368 posts

Posted by Bon888 > 2023-03-03 17:33 | Report Abuse

My English not so good. Could someone explain what does the statement below mean?

"the French supermajor determined to only sanction developments that are “resilient” to oil prices under $20 per barrel, have a breakeven cost of less than $30 per barrel and whose emissions are below 19 kilograms per barrel."

Apa benda dia cakap?

Bon888

3,368 posts

Posted by Bon888 > 2023-03-03 17:36 | Report Abuse

Where is this Mabel cat? Lost all her panties in Serba Dynamik? She sold her Armada supertanker already?

Posted by Robert Waters > 2023-03-04 20:09 | Report Abuse

Want to throw a big party to celebrate the gains of this counter ? Why not do it at sea.
Armada Claire has overnight acommodation for 63. This could be a good birthday group. Baby shower, etc.
Disconnectible external turret allows you to change location.
Here is the listing .... at eurobrokers.
https://www.ship-broker.eu/wp-content/uploads/2020/10/FPSO-Armada-Claire-lim.pdf

RISK8888

2,231 posts

Posted by RISK8888 > 2023-03-05 09:38 | Report Abuse

Armada back to IB Watch List?

RISK8888

2,231 posts

Posted by RISK8888 > 2023-03-05 10:32 | Report Abuse

Many sifu jumping out to call buy. Really hot cake.

Nepo

3,390 posts

Posted by Nepo > 2023-03-05 14:37 | Report Abuse

Seee when be slaughtered by butchers..

serpent100

216 posts

Posted by serpent100 > 2023-03-05 16:46 | Report Abuse

Up n down ….up n down ….tomorrow up or down ….

RISK8888

2,231 posts

Posted by RISK8888 > 2023-03-05 20:18 | Report Abuse

If really go back to IB spot light, then up trend wave will continue.

serpent100

216 posts

Posted by serpent100 > 2023-03-05 21:36 | Report Abuse

BA still hv how much debt ?

RISK8888

2,231 posts

Posted by RISK8888 > 2023-03-05 23:15 | Report Abuse

5.5 bil

RISK8888

2,231 posts

Posted by RISK8888 > 2023-03-05 23:15 | Report Abuse

If net debt should be around 4.7 bil

serpent100

216 posts

Posted by serpent100 > 2023-03-06 07:29 | Report Abuse

Tqqt @risk8888

Reduce debt every year means can save interest so can increase profits

RISK8888

2,231 posts

Posted by RISK8888 > 2023-03-06 08:02 | Report Abuse

Wait till next QR to see how much India new ship can give BA additional profit. Additional 30mil per QR would be good.

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-03-06 11:37 | Report Abuse

Oh oooh! Mayday mayday

i3lurker

13,932 posts

Posted by i3lurker > 2023-03-06 11:52 | Report Abuse

when the tut tut taxi driver cump must dump

Bon888

3,368 posts

Posted by Bon888 > 2023-03-06 14:04 | Report Abuse

Uncle I3Iurker your curse does not work for Armada. This supertanker going to break 5 years high soon.

Don`t just look at technical chart and forget about sentiment factor in stock market. Sometimes you have to learn from young people :D.

i3lurker

13,932 posts

Posted by i3lurker > 2023-03-06 15:41 |

Post removed.Why?

pang72

50,932 posts

Posted by pang72 > 2023-03-06 15:55 | Report Abuse

Collect back my Mr armada.. Hoho..

pang72

50,932 posts

Posted by pang72 > 2023-03-06 15:56 | Report Abuse

Set for 80c sailing

Bon888

3,368 posts

Posted by Bon888 > 2023-03-06 15:59 | Report Abuse

No syndicate come and goreng the counter, share price will be flat or going down.

Syndicate`s success is depending on bilis. Bilis happily put the their head inside crocodile's jaw, finding food in between crocodile`s teeth. This is the national geography scene in share market.

pang72

50,932 posts

Posted by pang72 > 2023-03-06 16:13 | Report Abuse

If no people goreng then you collect more tickets till people come to goreng..

OK.. Good?

pang72

50,932 posts

Posted by pang72 > 2023-03-06 16:15 | Report Abuse

Bon88,
TOLD you liao.. 70c habis makan..

People starts goreng..

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