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

Mabel

23,919 posts

Posted by Mabel > 2023-06-07 10:38 | Report Abuse

Mikecyc Haha Kon Mabell is mentally delusion in SD loh … Promoted TG at RM 7.25 to below RM 0.60 n Promoted SD at RM 0.57 n RM 0.42 in TG …

promoted Dnex at RM 1.02 .. now in Sapnrg loh … hahaha
07/06/2023 10:17 AM

nicholas99 mabel the cat stuck at sapnrg ka?
07/06/2023 10:20 AM

Haha SD, TG and Dnex all already lock profit. Old stories mah. why you all loves oldies.

For Trading, now Mabel is investing in Armada, Sapura and Air Asia. The later 2 are PN17 Companies. Ironically the two PN17 Companies are performing better than Armada in term of trading P&L.

Haha yesterday Mabel re-enter at 49.5 and 49 sen. Yes at current price of 47, Mabel is temporarily stuck. Hopefully not for long. Waiting for rebound after T3. Here's the latest weather forecast by Wall Streets.

Bumi Armada Berhad
ARMADA
Share Price 7 Day 1 Year
0.48 -24.8% 9.0%


Price target decreased by 11% to RM0.66.
Down from RM0.74, the current price target is an average from 13 analysts.
New target price is 36% above last closing price of RM0.48.
Stock is up 9.0% over the past year.
The company is forecast to post earnings per share of RM0.12 for next year compared to RM0.12 last year.

The big money is not in the buying and selling, but in the waiting. So we wait lor...

Meow

Bon888

3,368 posts

Posted by Bon888 > 2023-06-07 10:39 | Report Abuse

If Armada management keep silent without any update, the price could break 0.40.

nicholas99

9,863 posts

Posted by nicholas99 > 2023-06-07 10:41 | Report Abuse

cannot ma.. macam ataims. how to update?

Mabel

23,919 posts

Posted by Mabel > 2023-06-07 10:43 | Report Abuse

Hopefully Armada Management will cum with a statement soon..

They should..

Meow

nicholas99

9,863 posts

Posted by nicholas99 > 2023-06-07 10:44 | Report Abuse

Armada Management : yes, we are like ataims..
Mabel: Run..

joyvest

10,414 posts

Posted by joyvest > 2023-06-07 10:44 | Report Abuse

No need to wait. The said incident is said to last for at least 6 months. The upcoming 2 and or 3 QRs are believed to be down.

KoiFish

117 posts

Posted by KoiFish > 2023-06-07 10:46 | Report Abuse

Dun come out and cheat ppl la.

Meow

joyvest

10,414 posts

Posted by joyvest > 2023-06-07 10:48 | Report Abuse

Dont give me this excuse " one man's meat is another man's poison". The unfortunate incident has been materialised whether you like it or not.

Vicky

1,568 posts

Posted by Vicky > 2023-06-07 10:48 | Report Abuse

Loosing altitude now. Gap down again...

shiji93

47 posts

Posted by shiji93 > 2023-06-07 10:51 | Report Abuse

New to Armada what would be the safe entry price?

joyvest

10,414 posts

Posted by joyvest > 2023-06-07 10:54 | Report Abuse

Dont be self-deceiving by saying" everything is going to be all right " and/or " trust the management of Armanda " etc etc..The management should have known better and dealt with it before it was made a big proportion out of it

nicholas99

9,863 posts

Posted by nicholas99 > 2023-06-07 10:55 | Report Abuse

sure the management has no way to deal with it. only the news come out..

KoiFish

117 posts

Posted by KoiFish > 2023-06-07 10:55 | Report Abuse

safe entry price would be 0.20

Mabel

23,919 posts

Posted by Mabel > 2023-06-07 10:58 | Report Abuse

No need to blame anyone. Just do your own DD. All material shared in this forum, we can use as our guideline. Here's more from the IBs..

Date Open Price Target Price Upside/Downside Price Call Source News
07/06/2023 0.485 0.48 -0.005 (1.03%) SELL JF APEX Price Target News
06/06/2023 0.525 0.73 +0.205 (39.05%) BUY RHB-OSK Price Target News
06/06/2023 0.525 0.70 +0.175 (33.33%) BUY PUBLIC BANK

Meow

Mabel

23,919 posts

Posted by Mabel > 2023-06-07 11:00 | Report Abuse

Mikecyc Haha someone mentioned Kon TutTut n Kon Mabell :


Haha The most despicable one is Kacukan Tipuu TutTut/ Stingray / Ularsawa after got Attention in TSH …play Wayang on Recruitment , Telegram RM 100 membership fees pun mau main Tipuu Tipuu :
07/06/2023 10:13 AM

Yes Sifu Mickey Mouse,

TutTut is another gentleman. Mabel is a a gal..

Meow

Mabel

23,919 posts

Posted by Mabel > 2023-06-07 11:02 | Report Abuse

Bumi Armada May Resolve FPSO Vessel's Operations Suspension Soon -- Market Talk

Jun 6, 202310:20 GMT+8

Bumi Armada may resolve its Armada Kraken floating production storage and offloading vessel's suspension of operations in the short term, RHB IB analyst Sean Lim says in a note. He doesn't expect a "lumpy vessel impairment." Based on Lim's estimate, the Armada Kraken FPSO will generate about 30% to 35% of 2023 earnings. He therefore cuts his 2023 earnings forecast for the company by 14%, assuming a three-month interruption and additional maintenance expenses. RHB lowers Bumi Armada's target price to MYR0.73 from MYR0.80 but maintains a buy rating due to its attractive valuation and strengthening balance sheet. Shares are 21% lower at MYR0.50. (yingxian.wong@wsj.com)

RISK8888

2,231 posts

Posted by RISK8888 > 2023-06-07 11:09 | Report Abuse

then is a BUY BUY BUY call

Mabel

23,919 posts

Posted by Mabel > 2023-06-07 11:09 | Report Abuse

Armada Technical chart doesn't look nice after yesterday's drop.

Now trading below 20,50,100 and 200 MA. Currently oversold..

Mabel will cum back when Armada is ready to dance..

All the best guys..

Meow

nikicheong

2,496 posts

Posted by nikicheong > 2023-06-07 11:10 | Report Abuse

Some slight positive news:

Work on Mumbai FSRU starts again

https://www.petrowatch.com/synopsis.php?artId=20889&w=1

RISK8888

2,231 posts

Posted by RISK8888 > 2023-06-07 11:12 | Report Abuse

Kraken is the main pillar for Armada. The turnaround is all depends on Kraken. If it fails, Armada will collapse. Don't forget, 5bil debt still in the book. Kraken still need to stand strong until mid-2025 (end of the contract term), to make Armada stable. Otherwise....all the way to LONGKANG.

Medusa

537 posts

Posted by Medusa > 2023-06-07 11:16 | Report Abuse

If follow Medusa reach 40c collect sikit dulu

Listen other Holland coming on the way

Kikiki…

joyvest

10,414 posts

Posted by joyvest > 2023-06-07 11:17 | Report Abuse

Nope, most IB maintain " sell " calls.... It is believed that the Income would be reduced by about 43%. Hence, what was mentioned above by someone is misleading.

Hotstuff

3,285 posts

Posted by Hotstuff > 2023-06-07 11:19 | Report Abuse

bought 100k units @ 465. play small small to see wayang

joyvest

10,414 posts

Posted by joyvest > 2023-06-07 11:24 | Report Abuse

It is worth just to have skin in it. Basically, it is untouchable

Posted by sense maker > 2023-06-07 11:36 | Report Abuse

45.5. Wow

joyvest

10,414 posts

Posted by joyvest > 2023-06-07 11:42 | Report Abuse

Cutting losses in the process fast and furious which is demonstration of the investors to be losing patience and faith in the company.

Posted by sense maker > 2023-06-07 11:42 | Report Abuse

From 73sen to 45sen.

xuxu

5,779 posts

Posted by xuxu > 2023-06-07 11:43 | Report Abuse

wowow very long red candle ~

MichelleNg

1,031 posts

Posted by MichelleNg > 2023-06-07 11:43 | Report Abuse

6 months major down time may lead to pn17. Big players doing portfolio balancing....the downtrend may take few months too

Mikecyc

45,527 posts

Posted by Mikecyc > 2023-06-07 11:44 |

Post removed.Why?

joyvest

10,414 posts

Posted by joyvest > 2023-06-07 11:45 | Report Abuse

It is believed that the Income in the upcoming QR would be reduced by about 43%. Hence it is natural for the price to be dropped by 43 % if not more.

joyvest

10,414 posts

Posted by joyvest > 2023-06-07 11:48 | Report Abuse

Further depletion of earning would aggravate the shareholders' funds thereby triggering PN17

joyvest

10,414 posts

Posted by joyvest > 2023-06-07 11:52 | Report Abuse

Given all these insidious problems and clouded with all these uncertainties, there is no reason why the company is not plunging.....

RISK8888

2,231 posts

Posted by RISK8888 > 2023-06-07 11:58 | Report Abuse

Q2 result still good because disposal of vessel, but Q3 onward will be ungly.

RISK8888

2,231 posts

Posted by RISK8888 > 2023-06-07 11:59 | Report Abuse

if the price do not rebound today, tomorrow will be another heavy fall because trader did not earn from yesterday trade.

zonefinder

235 posts

Posted by zonefinder > 2023-06-07 12:01 | Report Abuse

Good luck to all you short term traders. I'm loading up.

Posted by David Gunter > 2023-06-07 12:01 | Report Abuse

I see ChatGPT answers lol

xuxu

5,779 posts

Posted by xuxu > 2023-06-07 12:08 | Report Abuse

hantu fight dgn syaitan siapa menang ? hehe

MM78

604 posts

Posted by MM78 > 2023-06-07 12:13 | Report Abuse

No one can buy or sell at best market price all the time, market sentiments are weak hence Armada Kraken's hiccup may be interpreted more serious than if the market is in bull run. Too many people are sitting on the edge at the moment due to generally weak market sentiments. Sharks are lurking for people jumping off the boat.

Mikecyc

45,527 posts

Posted by Mikecyc > 2023-06-07 12:22 |

Post removed.Why?

Posted by David Gunter > 2023-06-07 12:23 | Report Abuse

Like kena game lol

Posted by David Gunter > 2023-06-07 12:24 | Report Abuse

Later come out news limit up

Fklim888

1,613 posts

Posted by Fklim888 > 2023-06-07 12:27 | Report Abuse

bad news or good news....LU OR LD

BILLC

2,042 posts

Posted by BILLC > 2023-06-07 12:27 | Report Abuse

Bills all hangusssss,,,no mercy,,,,and burn to ashes,,,

KML889

1,092 posts

Posted by KML889 > 2023-06-07 12:35 | Report Abuse

I'll drink to Limit up. Why not. Isn't that why we are here and want, off course they are some alien species will want otherwise. Haha

Posted by David Gunter > 2023-06-07 12:36 | Report Abuse

EnQuest share still unaffected lol

Mikecyc

45,527 posts

Posted by Mikecyc > 2023-06-07 12:39 | Report Abuse

下跌股:布米阿马达 48仙支撑
Nanyang Wed, Jun 07, 2023 12:14am - 12 hours


布米阿马达(ARMADA,5210,主板能源股)日线股价趋势,于6月6日进入调整走势,陷入短期调整趋势时,跌破63.5仙后收48.5仙, 按日跌15仙或23.62%,料近期在48-33.5仙间取得应有的支撑。

Sslee

6,222 posts

Posted by Sslee > 2023-06-07 12:44 | Report Abuse

Dear Sir/Madam,

We acknowledge receipt of your email.

Thank you and have a good day.


Bursa 2U
Bursa Malaysia Berhad
Our Ref: CAS-29378-R4B6S6

Posted by success2628 > 2023-06-07 12:45 |

Post removed.Why?

BILLC

2,042 posts

Posted by BILLC > 2023-06-07 12:51 | Report Abuse

Next few days are the best time to roast innocent lambs and small potatoes,,,,hahaha,,,,,

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