Posted by ageetkumar > 2023-04-14 14:57 | Report Abuse

@nikicheong
1 - is imminent any time now. 2 - is a matter of time, cannot say when and 3 - is uncertain because of client and country uncertainties

Posted by Jerichomy > 2023-04-16 15:34 |

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Posted by Mabel > 2023-04-16 20:08 | Report Abuse

https://oilprice.com/Energy/Energy-General/Chinas-Crude-Oil-Imports-Soar-To-Highest-Level-In-Nearly-3-Years.html

Posted by Jerichomy > 2023-04-16 22:07 |

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Posted by RISK8888 > 2023-04-17 20:33 | Report Abuse

last minutes fall close 0.685

Posted by Jerichomy > 2023-04-17 22:24 |

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Posted by RISK8888 > 2023-04-17 22:43 | Report Abuse

Pelik, got opposite forces pushing at 0.70. Who will win at the end?

Posted by Jerichomy > 2023-04-17 22:48 |

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Posted by TanDavid88 > 2023-04-18 11:08 |

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Posted by Jerichomy > 2023-04-18 13:00 |

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Posted by RISK8888 > 2023-04-18 17:07 | Report Abuse

CANTIK, let’s try again tomorrow

Posted by Jerichomy > 2023-04-19 23:15 |

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Posted by PASSIVESTOCK > 2023-04-20 08:57 | Report Abuse

lespek old man la

Posted by Jerichomy > 2023-04-21 08:07 |

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Posted by TanDavid88 > 2023-04-21 21:23 |

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Posted by Jerichomy > 2023-04-21 22:45 |

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Posted by TanDavid88 > 2023-04-21 23:30 |

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Posted by Jerichomy > 2023-04-22 07:13 |

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Posted by Jerichomy > 2023-04-22 07:33 |

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Posted by TanDavid88 > 2023-04-22 08:45 |

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Posted by Jerichomy > 2023-04-22 13:13 | Report Abuse

Selamat hari raya armada holders

Posted by Jerichomy > 2023-04-22 13:14 |

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Posted by Jerichomy > 2023-04-22 13:16 |

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Posted by Jerichomy > 2023-04-22 13:19 |

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Posted by TanDavid88 > 2023-04-22 17:35 |

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Posted by Jerichomy > 2023-04-22 20:13 |

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Posted by TanDavid88 > 2023-04-22 21:38 |

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Posted by Jerichomy > 2023-04-22 22:06 |

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Posted by Robert Waters > 2023-04-22 22:31 | Report Abuse

Eid Mubarak or Salamat Hari Raya
:-)

Posted by Jerichomy > 2023-04-23 07:00 |

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Posted by Jerichomy > 2023-04-23 09:52 | Report Abuse

prudentinvestor
2,665 posts
Posted by prudentinvestor > 1 month ago | Report Abuse
@happyking85, several investment banks have recently come out with buy/hold calls on MRCB, RHB-OSK with a buy call with TP of 45 sen, Kenanga and HLG with hold calls with TPs of 34 sen and 37 sen respectively. Do you think these investments banks are out to deceive people to buy?


happyking95
72 posts
Posted by happyking95 > 1 month ago | Report Abuse
actually u really trust their TP 100%? if we dont buy, then how are they gonna sell?

Posted by Jerichomy > 2023-04-23 23:03 |

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Posted by Robert Waters > 2023-04-24 23:57 | Report Abuse

Let's start another week. Something tells me that it will be a good one. We are long overdue for some positive news.

Posted by Jerichomy > 2023-04-25 06:27 |

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Posted by Jerichomy > 2023-04-25 15:07 |

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Posted by serpent100 > 2023-04-25 19:17 | Report Abuse

The Board of Bumi Armada Berhad (“Bumi Armada”) announces that its wholly owned subsidiary, Armada Balnaves Pte Ltd (“ABPL”), has completed the sale of the Armada Claire FPSO (“Armada Claire”).



The Armada Claire sale was on an “as is where is” basis, at a sale price of US$20 million. The sale proceeds were received by ABPL on 19 April 2023.



The Bumi Armada Group will recognise a gain on sale of the Armada Claire of approximately US$12 million in its second quarter financial results. Proceeds from the sale, net of transactions fees, will be applied towards a reduction of Bumi Armada Group’s corporate debt.



None of the Directors, and/or major shareholders of Bumi Armada and/or persons connected with them have any interest, either direct or indirect, in the transaction.

Posted by RISK8888 > 2023-04-25 19:17 | Report Abuse

Armada Claire sudah jual

Posted by nikicheong > 2023-04-25 19:19 | Report Abuse

Armada Claire sale completed for USD20m. I posted a few weeks back that anything above USD20m would be a bonus, I guess we've just missed the threshold but still on the upper side of a satisfactory sale price.

Gain on disposal of USD12m (approx RM54m).

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3346652

Posted by serpent100 > 2023-04-25 20:33 | Report Abuse

Don’t hv dividend….zzz

Posted by RISK8888 > 2023-04-25 21:44 | Report Abuse

I guess divd possible start in 2024.

Posted by Bon888 > 2023-04-25 21:51 | Report Abuse

One more quarter profit record already have ability to pay dividend. Subject to big bosses approval.

Armada Claire finally sold, this ship drag share price performance for many years. Closed the old chapter and move on to new chapter!

Posted by winmal > 2023-04-25 22:48 | Report Abuse

should save Armada to keep & maintain Armada Clair even there is not contract. finally Armads Clair manage to disposal. welldone

Posted by Bon888 > 2023-04-25 22:52 | Report Abuse

Maintain this haunted ship is not easy better sell it for cash and invest else way. I remember this ship was proposed for India ONCG project but rejected. ONCG decided to build a new ship instead.

Posted by abcb > 2023-04-25 23:22 | Report Abuse

Gap up tomorrow

Posted by Nepo > 2023-04-26 07:54 | Report Abuse

A nice YouTube regarding Armada to share with you:-
https://www.youtube.com/watch?v=5JxPqhP9Pe4&t=48s

Posted by zonefinder > 2023-04-26 10:30 | Report Abuse

Don't get hung up over dividends..not when it's still has heavy debt issue. Also need to build up cash reserves for potential projects. Reduction of former and wins more crucial..

Posted by 3lephAnt > 2023-04-26 10:55 | Report Abuse

It's a sell on news day

Posted by Colin01 > 2023-04-26 12:38 | Report Abuse

Otb and otb macai selling? Hahahaha

Posted by Robert Waters > 2023-04-26 16:03 | Report Abuse

Looks like insiders were in the know and bought in anticipation of news release last week, driving the price up. Did not make much profit as there was no gap up. It was 'Investorking' (may he reign in peace) that supported the operator controlling price theory being always ahead of us, small investors.

From my long armada experience, there is usually a drop following good news, but then it regains lost value in a few days. So let us hope for a good end of week. It is all in line with BAB tough love that longs has been received, but better times ahead of us.

Posted by nikicheong > 2023-04-26 16:05 | Report Abuse

Does anyone have access to CIMB or UOB reports? Did they publish any "update" today? If yes, appreciate if you could share.