BUMI ARMADA BERHAD

KLSE (MYR): ARMADA (5210)

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Last Price

0.66

Today's Change

0.00 (0.00%)

Day's Change

0.655 - 0.665

Trading Volume

11,114,500


45 people like this.

72,559 comment(s). Last comment by Gabriel Khoo 15 hours ago

Jerichomy

4,346 posts

Posted by Jerichomy > 2023-05-14 13:40 | Report Abuse

Make sure bon888 lose money until
He losw his pants

Bon888

3,381 posts

Posted by Bon888 > 2023-05-14 13:57 | Report Abuse

Hahaha my Armada almost 150% paper gain. Hard to lose till pants drop loh.

Jerichomy

4,346 posts

Posted by Jerichomy > 2023-05-14 17:09 |

Post removed.Why?

Bon888

3,381 posts

Posted by Bon888 > 2023-05-14 18:33 | Report Abuse

Check my posts in Armada. I was promoting Armada since Armada`s debts restructuring. You can easily guess my entry price.

你就继续厌天厌地,你永远不会成长。

Jerichomy

4,346 posts

Posted by Jerichomy > 2023-05-14 19:37 |

Post removed.Why?

Jerichomy

4,346 posts

Posted by Jerichomy > 2023-05-14 19:38 | Report Abuse

Then, bon888 should writing nonsense if So Confident

Jerichomy

4,346 posts

Posted by Jerichomy > 2023-05-14 19:39 |

Post removed.Why?

RISK8888

2,232 posts

Posted by RISK8888 > 2023-05-14 21:35 | Report Abuse

Aiyo, all win all win. No losser. Continue to win big!

Jerichomy

4,346 posts

Posted by Jerichomy > 2023-05-14 21:54 |

Post removed.Why?

serpent100

216 posts

Posted by serpent100 > 2023-05-16 17:35 | Report Abuse

Zzz

RISK8888

2,232 posts

Posted by RISK8888 > 2023-05-17 07:08 | Report Abuse

so boring, no news? waiting QR to move the price! up up up 0.70 go!

Posted by Robert Waters > 2023-05-17 11:46 | Report Abuse

Yes, awaiting news and a small rally. I made 11 points that I expect to be achieved building up on Nick's catalysts. Once 7 of them is achieved, I diversify most. So far we only have 2:
1. Armada Claire Sale
2. OSV Disinvestment

7 more to go.
_____________________________________________________________________________________
Here is NIck's list provided here, without his permission. But good to change the tone here:
BAB Aims

Potential Bumi Armada Re-rating catalysts:

New wins:

1) Award of Cameia FPSO project in Angola from Total Energies - This is only an EPCC contract that will sustain earnings for 2-3 years. This is NOT a long-term charter contract. However; it could be valued up to 1 bln myr.

2) 1 Major FPSO contract win (large scale FPSO, likely with a JV partner) - Unlikely to happen soon as there are no known large scale bids from Bumi Armada, but possibilities exist in West Africa / South America with market rather tight in terms of supply as many suppliers are overextended.

3) 1 Minor FPSO contract win (either a small/medium scale FPSO, 100% owned) - Active bids in Tuna field (Indonesia) and Palok field (Mexico).

4) Non-FPSO contract win (either 100% owned or JV) - e.g. FSRU, FSU, FSO - The Mumbai Port FSRU project has been deferred. No other publicly known bids for now.

5) New contract win for the 2 SC vessels in the Caspian Sea and 1 JV-owned SC vessel in Indonesia. Potential for new wins for the Caspian Sea vessels is high as flurry of work in the region exists due to high oil price environment. All 3 vessels as of 31 Dec 2022 are laid up.

Green energy goals (leading to ESP score upgrades and rerating up to 6% by IB):
1) "Green energy" initiatives for future FPSO/non-FPSO wins (e.g. zero flaring or fully electrified FPSO)
2) Decarbonisation for existing fleet of FPSO
3) Diversification into floating CCS and other "green" structures

Business as usual objecties:
1) First oil achievement and then full acceptance of Armada Sterling V FPSO by ONGC at the 98/2 field in India
2) Confirmation of sale or scrapping of Armada Claire FPSO
3) Full divestment of the remaining offshore vessel

Contract extensions:
1) Positive development at the Kraken field, such as drilling of the Kraken Western flank or tieback to the nearby Bressay and Bentley fields - This would signal long-term contract extension for Armada Kraken FPSO which is due to expire in Q3 2025. For now, Enquest has indefinitely deferred drilling due to commence in 2023 because of the newly introduced windfall tax in the UK.
2) Confirmation of contract extension for Armada TGT FPSO in Vietnam - Might only be announced in Q4 2024, but it's all but certain the contract will be extended as new wells are still being pursued in the aged TGT field.
3) Contract extension of Armada Sterling II (due in Q4 2024).

_______________________________________________

Jerichomy

4,346 posts

Posted by Jerichomy > 2023-05-17 20:01 |

Post removed.Why?

Jerichomy

4,346 posts

Posted by Jerichomy > 2023-05-17 22:29 | Report Abuse

Haha

Bon888

3,381 posts

Posted by Bon888 > 2023-05-17 22:36 | Report Abuse

Jerichomy please read the post shared by Armada experts like Robert Waters and Nickcheong. They sharing Armada`s analysis for years.

请认真学习。别错过好机会。

Jerichomy

4,346 posts

Posted by Jerichomy > 2023-05-17 22:36 |

Post removed.Why?

Jerichomy

4,346 posts

Posted by Jerichomy > 2023-05-17 23:57 |

Post removed.Why?

Bon888

3,381 posts

Posted by Bon888 > 2023-05-18 00:01 | Report Abuse

废材一个。没药医。

Mabel

24,541 posts

Posted by Mabel > 2023-05-19 11:59 | Report Abuse

It's looking good....

Meow Meow Meow

RISK8888

2,232 posts

Posted by RISK8888 > 2023-05-19 13:25 | Report Abuse

0.7 boleh?

Bon888

3,381 posts

Posted by Bon888 > 2023-05-19 13:27 | Report Abuse

Absolutely, anytime from now.

Mabel

24,541 posts

Posted by Mabel > 2023-05-19 15:49 | Report Abuse

Armada already breaches 20,50,100,200 Moving Average

Waiting patiently for the Golden Gross..

To Our Success !

Meow Meow Meow

serpent100

216 posts

Posted by serpent100 > 2023-05-19 16:43 | Report Abuse

Hopefully can hit pe 8.x

RISK8888

2,232 posts

Posted by RISK8888 > 2023-05-19 19:36 | Report Abuse

Bila golden cross?

RISK8888

2,232 posts

Posted by RISK8888 > 2023-05-20 07:32 | Report Abuse

Rm1 boleh kah?

Bon888

3,381 posts

Posted by Bon888 > 2023-05-20 10:04 | Report Abuse

Boleh, you have to wait a little bit longer.

Jerichomy

4,346 posts

Posted by Jerichomy > 2023-05-20 14:15 |

Post removed.Why?

Jerichomy

4,346 posts

Posted by Jerichomy > 2023-05-20 16:18 |

Post removed.Why?

Bon888

3,381 posts

Posted by Bon888 > 2023-05-20 16:32 | Report Abuse

输钱输到傻了。废人一个。永远的ikan bilis.

Bon888

3,381 posts

Posted by Bon888 > 2023-05-20 16:34 | Report Abuse

I also promoting Topglov, Sapura, Velesto, QL, Dnex. Please post there.

Mabel

24,541 posts

Posted by Mabel > 2023-05-20 22:17 | Report Abuse

Weekly oil inventories rose sharply this week, by around 5 million barrels, while economists were expecting a decline of 1.3 million barrels. However, this data has not prevented crude oil prices from rising by around 3% over the last five sessions. The reason for this is that traders are looking to the future, which is more likely to see a price recovery for two main reasons. Firstly, the US Department of Energy has announced the purchase of crude oil to start filling its strategic reserves. We are talking about 3 million barrels at the moment, which is relatively small, but the information is clear: the United States is starting to rebuild its strategic reserves, which, let's not forget, have melted like snow in the sun since last year. Secondly, the International Energy Agency has raised its demand growth forecast for 2023 and thus foresees a tighter market in the second half of the year. In this context, oil prices have recovered, with Brent crude at USD 76 per barrel and WTI at USD 72. In European natural gas, the Dutch benchmark, the Rotterdam TTF, is trading at EUR 30/MWh, a level not seen since November 2021.

RISK8888

2,232 posts

Posted by RISK8888 > 2023-05-20 22:19 | Report Abuse

Aiyo Jerichomy, can you stop spamming? Very hard to read msg when you flood the room with all the cut and paste.

RISK8888

2,232 posts

Posted by RISK8888 > 2023-05-20 22:22 | Report Abuse

I remember some member promoting armada going to get contract. But waiting so long yet to announce.

RISK8888

2,232 posts

Posted by RISK8888 > 2023-05-20 22:23 | Report Abuse

Sterling V also waiting for first oil for quite some time. No news also.

Jerichomy

4,346 posts

Posted by Jerichomy > 2023-05-21 02:01 |

Post removed.Why?

Jerichomy

4,346 posts

Posted by Jerichomy > 2023-05-21 02:01 |

Post removed.Why?

RISK8888

2,232 posts

Posted by RISK8888 > 2023-05-21 11:54 | Report Abuse

Aiyo Jerichomy, you not tire keep spamming? If you got fact, just lay it out rationally. Put it short. If true cannot be false.

RISK8888

2,232 posts

Posted by RISK8888 > 2023-05-21 11:59 | Report Abuse

If really kena cheat in public forum like this, it is part of learning to gain investment experience. I also fail many times after reading comment and believe end up lose money. But we need to learn. Always verify what people say.

Zhuge_Liang

2,540 posts

Posted by Zhuge_Liang > 2023-05-21 14:07 |

Post removed.Why?

Bon888

3,381 posts

Posted by Bon888 > 2023-05-21 14:37 | Report Abuse

Look at his old postings in HRC. Fuiyoh talk about Crack Spread, promoting HRC like an expert.

Zhuge_Liang

2,540 posts

Posted by Zhuge_Liang > 2023-05-21 15:04 |

Post removed.Why?

Jerichomy

4,346 posts

Posted by Jerichomy > 2023-05-21 15:05 | Report Abuse

Haha

Bon888

3,381 posts

Posted by Bon888 > 2023-05-21 15:12 | Report Abuse

Same as Gloves stock. When people goreng Gloves, everyone also expert. Keep talking about ASP but forgotten vaccine already in the market.

都着了魔才输钱。股市靠的是技术,其实更考验心理素质。

Jerichomy

4,346 posts

Posted by Jerichomy > 2023-05-21 18:27 |

Post removed.Why?

RISK8888

2,232 posts

Posted by RISK8888 > 2023-05-21 20:19 | Report Abuse

Wasting time.

RISK8888

2,232 posts

Posted by RISK8888 > 2023-05-21 20:20 | Report Abuse

Rm1 can reach?

RISK8888

2,232 posts

Posted by RISK8888 > 2023-05-21 20:22 | Report Abuse

I understand fpso contract can last for years (up to 30 years). But why armada contract only few years?

RISK8888

2,232 posts

Posted by RISK8888 > 2023-05-21 20:24 | Report Abuse

If only few years, how can they recover the capital? If capital pun cannot recover, how they going to make profit?

Jerichomy

4,346 posts

Posted by Jerichomy > 2023-05-22 00:00 |

Post removed.Why?

RISK8888

2,232 posts

Posted by RISK8888 > 2023-05-22 08:07 | Report Abuse

Genius

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