Posted by Bon888 > 2023-03-17 12:26 | Report Abuse

Debts is no more a concern for Armada. Now the debt to book ratio so healthy. Cashflow is health.

Debt issue was 2019 issue. If you dare to buy during 2019 low, you would already made 500% gain!

Posted by OTB > 2023-03-17 12:44 |

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Posted by pang72 > 2023-03-17 13:01 | Report Abuse

OK la.
Let's you vomit your frustration in bad market..

Posted by pang72 > 2023-03-17 13:02 | Report Abuse

Pergi starbuck minum Americano first

Posted by Zhuge_Liang > 2023-03-17 13:32 |

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Posted by pang72 > 2023-03-17 13:59 |

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Posted by Zhuge_Liang > 2023-03-17 14:02 |

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Posted by pang72 > 2023-03-17 14:04 | Report Abuse

Need to go temple pray for harmony, great health, great wealth for every readers in i3 today. Wish everyone don't fall to bankruptcy. Amitofu!

Posted by $$ BUYSELL $$ > 2023-03-17 14:08 | Report Abuse

dont trust anyone he is not your god. you trade your own risk..

Posted by Zhuge_Liang > 2023-03-17 14:16 |

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Posted by Zhuge_Liang > 2023-03-17 14:20 |

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Posted by pang72 > 2023-03-17 15:23 | Report Abuse

Amitofu!

Posted by Zhuge_Liang > 2023-03-17 16:03 |

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Posted by pang72 > 2023-03-17 16:09 | Report Abuse

Whoever you curse, I will go to temple pray the good health and good wealth for them.
Amitofu!

Posted by pang72 > 2023-03-17 16:12 | Report Abuse

Everyone becomes wealthy, healthy then can work hard to earn money.
Hence, buy more stock then price can move up..

Posted by pang72 > 2023-03-17 16:13 | Report Abuse

Everyone investor in HRC die or bankruptcy. HRC collapse, correct?

Posted by pang72 > 2023-03-17 16:14 | Report Abuse

OK. I say enough today..
I go temple..
Wish every one good health, good fortune in stock, good wealth

Posted by Robert Waters > 2023-03-17 20:25 | Report Abuse

5 does it for BAB, specially with Yinson fully booked.
Petronas aims to engage up to two floaters in the near term, but is looking at options to make them commercially viable
By Nishant Ugal , Russell Searancke and Amanda Battersby in New Delhi , Oslo and Singapore
Leading floating production, storage and offloading vessel contractors are eyeing at least five promising floater prospects in Southeast Asia, hoping that robust oil prices could lead to faster decision-making on several offshore projects.
Several market sources told Upstream that multiple FPSO projects in the region are expected to gain momentum in the coming months, with Malaysian state giant Petronas expected to lead the way with up to two potential floater requirements in the near term — Kelidang offshore Brunei Darussalam and an integrated development centred around the Limbayong and Bestari fields offshore Sabah, East Malaysia.

Posted by Zhuge_Liang > 2023-03-17 20:35 | Report Abuse

Good news, hope all Malaysian FPSO service providers will benefit from all Petronas projects.
Good luck and good news.

Posted by Macgyver11 > 2023-03-17 21:18 | Report Abuse

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What banking crisis? Warren Buffett's Berkshire Hathaway spends close to $500 million on Occidental stock in 3 days
Theron Mohamed
Warren Buffett newspaper toss
Warren Buffett. Rick Wilking/Reuters
Warren Buffett doesn't seem rattled by recent bank failures and mounting fears of a market meltdown.
Buffett's company invested about $467 million in Occidental this week, raising its stake to 23.1%.
Berkshire Hathaway has piled more than $11 billion into the energy giant in just over 12 months.
A trio of bank failures last week may be fanning fears of market meltdowns and financial crises, but that hasn't stopped Warren Buffett from buying stocks.

The elite investor's Berkshire Hathaway piled about $467 million into Occidental Petroleum over the past three days, a Securities and Exchange Commission filing revealed on Wednesday. Buffett's conglomerate scooped up 7.9 million shares of the oil-and-gas company, boosting its stake to 208 million shares or 23.1%.

Berkshire has now poured about $11.1 billion into Occidental in just over 12 months, a Markets Insider analysis shows. Buffett's interest helped propel the energy stock nearly 120% higher last year, making it the S&P 500's best performer of 2022.

The 92-year-old billionaire resumed buying Occidental shares earlier this month after a five-month hiatus. The bargain hunter is likely pouncing because the stock has tumbled 26% from its November peak of $77, to $57 as of Wednesday's close. Berkshire's position is worth $11.8 billion at that price.

Occidental's stock price has slumped 9% over the past five trading days alone, likely because Silvergate, Silicon Valley Bank, and Signature Bank have all folded in recent days, fueling concerns that other banks could follow. Buffett famously recommends investors "be greedy when others are fearful," and appears to be taking his own advice.

The Berkshire chief prizes Occidental's domestic foothold and the fact it's paying off debts, distributing dividends, and repurchasing shares, CEO Vicki Hollub has said. The spike in energy prices last year, fueled by the Russia-Ukraine war, has also inflated Occidental's profits.

Buffett and his team won approval from regulators in August to increase their Occidental ownership to 50%, signaling they're not done building their stake. They also piled around $20 billion into Chevron last year, securing a stake in the fossil-fuel giant worth $30 billion at the end of 2022. Those two bets indicate Berkshire is bullish on the energy sector.

On top of its 23.1% stake, Berkshire holds $10 billion of Occidental's preferred stock, which generates $800 million in annual dividends. Moreover, it owns warrants it can exercise to buy around 84 million additional common shares at a fixed cost of $5 billion. Berkshire received both the preferred stock and warrants in return for financing Occidental's takeover of Anadarko Petroleum in 2019.

Berkshire reported $258 million of Occidental's after-tax earnings as its own last year, as it passed 20% ownership of the company in August and started accounting for its stake under the equity method.

Posted by Jerichomy > 2023-03-18 00:08 |

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Posted by Jerichomy > 2023-03-18 00:09 |

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Posted by Zhuge_Liang > 2023-03-18 08:07 |

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Posted by Ninja _07 > 2023-03-18 11:17 | Report Abuse

Oil dropped..! Next week jatuh menjunam! confirm.. All going to get stuck a long time

Posted by OTB > 2023-03-18 14:00 |

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Posted by Zhuge_Liang > 2023-03-18 14:12 |

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Posted by OTB > 2023-03-18 14:16 |

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Posted by Jerichomy > 2023-03-18 17:28 |

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Posted by OTB > 2023-03-18 17:59 | Report Abuse

Jerichomy is a not a smart person in I3.
Simply listen to rumour, never read the technical chart correctly.
The share price of Coastal is still above 200-day SMA.
Do not know how to read chart, please attend my training course to teach TA basic.

Posted by OTB > 2023-03-18 18:00 |

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Posted by Jerichomy > 2023-03-18 20:20 |

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Posted by Zhuge_Liang > 2023-03-18 20:42 | Report Abuse

Posted by klee > 1 minute ago | Report Abuse
OTB.You are tested n proven.Hats off to you.What is one bad yr out of 10 good ones.
-----------------
I made money from 2009 to 2021.
I lost small amount of money in 2018.
I lost > 500k in 2022.
I said it out honestly here.

I made big money in 2020, I do not want to disclose this amount.
Count yourself, I bought big on Supermx at 3.60 and I sold them > 20.00.
The highest price I sold is 24.50.
Those want to attack me, please review your profit before you attack me.
Thank you.

Posted by TanDavid88 > 2023-03-18 20:57 |

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Posted by Jerichomy > 2023-03-18 21:12 |

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Posted by Gabriel Khoo > 2023-03-18 23:19 | Report Abuse

https://www.upstreamonline.com/rigs-and-vessels/analyst-predicts-bumper-year-for-fpso-awards-for-2023/2-1-1421765

Posted by Macgyver11 > 2023-03-19 07:52 | Report Abuse

https://markets.businessinsider.com/news/stocks/warren-buffett-berkshire-hathaway-blackrock-goldman-sachs-energy-stocks-shares-2023-3

Posted by Jerichomy > 2023-03-19 11:46 |

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Posted by Jerichomy > 2023-03-19 12:38 |

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Posted by daretocutandchange > 2023-03-19 13:38 | Report Abuse

why suddenly so busy here ?don't said each other,sharing opinions please!!!!!!!!!!!!

Posted by Jerichomy > 2023-03-19 14:17 |

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Posted by Zhuge_Liang > 2023-03-19 15:43 |

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Posted by Zhuge_Liang > 2023-03-19 15:54 |

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Posted by Jerichomy > 2023-03-19 16:19 |

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Posted by OTB > 2023-03-19 16:58 |

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Posted by Zhuge_Liang > 2023-03-19 17:02 |

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Posted by Jerichomy > 2023-03-19 17:03 |

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Posted by Jerichomy > 2023-03-19 17:06 |

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Posted by Macgyver11 > 2023-03-19 21:24 | Report Abuse

Warren Buffet, the CEO of Berkshire Hathway, is reportedly in talks with the Biden administration after the collapse of Silicon Valley Bank, Signature Bank, and Silvergate Capital Corp this month.

Buffett's contribution to support US banks during the financial instability has a long history. The Oracle of Omaha's frugal decision has helped two big banks overcome the crisis during their worst period.

Investment of $5 billion to Goldman Sachs

In 2008, at the peak point of the global financial crisis, the legendary investor invested $5 billion in Goldman Sachs to strengthen the firm's capitalisation and liquidy in turbulent times.
The then decision of Buffett has generated a return of roughly $3.1 billion for him. Buffett had placed his bets on Goldman Sachs soon after the collapse of the Lehman Brothers. In 2020, Berkshire Hathaway Inc sold 84% of its Goldman Sachs.

Buffett's one magical call may have helped save the US economy:

In October 2008, Buffett made a late-night call to the then Treasury Henry "Hank" Paulson with an idea of how the US government might be able to turn the economy around.
According to the documentary "Panic: The untold Story of the 2008 Financial Crisis", Buffett shared his idea when the biggest banks failed --Wachovia and Washington Mutual.
Buffett told Paulson, "It might make more sense to put more capital in the banks than it would to try and buy these assets. "
At thet time, CEOs of major banks--including John Mack of Morgan Stanley, Jamie Dimon of J.P. Morgan, Lloyd Blankfein of Goldman Sachs.

Posted by Macgyver11 > 2023-03-19 21:36 | Report Abuse

Warren buffet is the saviour. Just one call from this legendary investor can change USA economy.

Posted by TCH1186 > 2023-03-20 05:41 | Report Abuse

got drama here im just grab a popcorn while watching me and this stock climbing