With the bad market we experience this week, it is really fortunate that Armada did not achieve first oil or new contract under the circumstances. Good news would go to waste. It is not just about the success, the timing of it is important too. Let's wait a few days for dark clouds to disperse. Monday is another week.
Still got future. Tomorrow SAP might shot up. USA federal might stop interest rate hiking. More banks in USA closed shop after previous interest hike. Federal will held meeting on tomorrow, they might stop interest rate and inject fund to bailout. If this materialize then likely recession can be contain...
The Federal Reserve Board of Governors announced that it will hold an emergency closed-door meeting under expedited procedures at 11:30 a.m. on March 13, 2023.
Matters to be considered at the emergency meeting will be: "Review and determination by the Board of Governors of the advance and discount rates to be charged by the Federal Reserve Banks."
It is likely that the sudden collapse and FDIC seizure of SVB Financial Group (SIVB) on Friday is driving the expedited Fed meeting.
SVB was the largest bank failure since the 2008 financial crisis. Its collapse has sent shockwaves throughout the banking system. The status of billions of dollars of uninsured deposits is unknown heading into Monday.
A good investor will make money quietly and avoid to attack others. A tin kosong makes a lot of noise to attract attention. Watch this forum to assess yourself, I do not like to attack others.
I sold 70c with minor lose. I avoid losing bigger loses now at 66c. I am happy of not losing big money coming week. If you don't happy, you can skip the comment and earn your money quietly
A tin kosong makes a lot of noise to attract attention. Watch this forum to assess yourself. A good stock will become a lousy stock within 24 hours. Cannot afford to lose, do not buy this stock. Do not frighten innocent investors here.
I made multi million profit from KLSE buying karma stocks in 2020. I did not make peanut profit. Overall in the last 10 years, I still make multi million profit. I do not waste time to make a peanut profit.
Get really for big fall, bank is collapsing in us, soon the effect will come here. If got cash, sapu some at low price. Good chance to get some share. ----------------- In our lifetime investment, there are not many crashes for you to buy cheap shares. The most you have 2 to 3 opportunities in our lifetime. If it is a real stock market crash in 2023, good opportunity appears again. Buy the share that you had missed out. Opportunity hits but once, Good luck.
The US government is well prepared this time to prevent the SVB bankruptcy expending to the entire banking industry. The customers saving in the bank are guaranteed by government.
So they got 125 mln for an old FPSO, similar to Armada Claire and with a very bad karma of industrial accident. Armada is no BW branding, but should result in some good bucks for Claire. ........ Floater specialist BW Offshore has struck a deal to sell its floating production storage and offloading vessel BW Opportunity for $125m.
I want to see the outcome of Armada after the end of 2023. Can the share price of Armada drop below 0.32 (the lowest in 2023) ? If yes, I am not good, I lost money. I measure my performance based on the amount of money I made. I do not believe in bullshit in I3.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
nikicheong
2,496 posts
Posted by nikicheong > 2023-03-10 17:43 | Report Abuse
That first oil / full acceptance must be coming near: https://www.linkedin.com/posts/ongc_ongc-on-board-engineering-marvel-activity-7039081149708578816-0-Fz