I take this this hiccup that can happen as the inherent operational risks of an FPSO ; it is not the end of the Kraken nor Bumi Armada but possibly an opportunity to accumulate again. The market is probably panicking too much.
Those want to sell already sold, hopefully the worst is over for this stock. Hope the share price can cross 200-day sma again at 0.52 soon. No more cheap sales.
ONGC says "best case scenario" for Armada Sterling V FPSO is August 2023 start-up, "worst case scenario" is October 2023 start-up.
------ For ONGC 98/2, that is Kg. Our best-case scenario is August oil production. Worst case scenario is October. It all depends on the way nature and monsoon works and, in the oil, production should commence and then gradually step up. ------
The Kraken FPSO will be restarted on Sunday. If all is good, we should get an update from Bumi Armada on Monday, probably even before the start of trading.
Referee, why allow sissy Pon pon to change his ID in an on-going contest? Why referee not disqualify him??? Can explain?? Haiyoh, correct?
Sissy Pon pon has surrendered and is ashamed of his ID. He knows his ID draws heavy critiscism and everyone would shoot at him. When people see the ID sissy pon pon, they want a piece of him...
Can Usain Bolt change his ID and run a race for someone else? Can Michael Jordan register under another ID and play a match for another person in a NBA game???
Use you common sense.....if you have...haiyoh, correct??
Contract Amendment 9/6/2023 Bon888 requested to change the ID to Felix888. Referee Approved and Signed.
Ladies and Jantanman the Janda Sapura finally ada satu competition between the Promoter Bon888 and Penkritik Bobby. They have decided to accept the term and condition to compete for the next 9 mths. Whoever win one can stay back and the loser has to get lost from Janda Sapura forum. You both cannot change the term until the 9 mths ended and Referee will announce the result 9 mths from today 8/6/2023.
Bon888 the Challenger as long as Janda Sapura hit 7sen will be the winner
Bobby as long Bon888 failed to make Janda Sapura 7 sen within the 9 months Bobby will be the winner.
The rest spectators want to support participant also can add your name you sapot siapa.
Why DSONIC at tge top when so few comment id DSONIC forum?
Posted by i3lurker > Jun 10, 2023 12:18 PM | Report Abuse sslee this moving the forum topic to Top of List using insults is always done in ALL stock forums. remember, there is a Suiyee Sucker Bilis born every second.
Trending Now - Hot Stocks Today Rank Company Score 1 DSONIC 1000 2 DNEX 506 3 ARMADA 471 4 SAPNRG 437 5 BPLANT 271 6 GENTING 243
* Note 1: Stock trends are derived from a number of activities related to the stock, each given a weightage and score. The activities contributing to stock scores include: 1.Searches on a stock 2.News & blog posts covering a stock 3.Price target for a stock 4.Announcement on a stock Stock entitlement (bonus, dividend, split, consolidation)
Likewise we received more good news on Friday with another strong recovery. When the UK government imposed the windfall tax on north sea oil, EnQuest has deferred the production well drilling at Kraken field. Now windfall tax is expected to withdraw, EnQuest could restart the drilling project. Yes, we are talking about drilling more production wells at Kraken field which could also translate to further contract extension. This is a very good news!
No issues mah as Kraken FPSO will be restarted today as announced earlier. If all is good, we should get an update from Bumi Armada on Monday, probably even before the start of trading...
Trending Now - Hot Stocks Today Rank Company Score 1 DSONIC 1000 2 DNEX 506 3 ARMADA 471 4 SAPNRG 437 5 BPLANT 271 6 GENTING 243 10/06/2023 6:20 PM
Haha Happy to see two Mabel Energy Battleships are already up on the podium. Too bad Mabel no more interested with DNEX ever since they started talking to make DNEX a pure semiconductor company. No More Battleship oledi since Ping has now becum Ping Pong..Hihihi
Although Mabel has many other collection, now Mabel is watching closely SE, Air Asia and Armada. Potential Mabel's Lobster and Abalone Dinner and Lunch..
Trending Now - Hot Stocks Today Rank Company Score 1 DSONIC 1000 2 DNEX 506 3 ARMADA 471 4 SAPNRG 437 5 BPLANT 271
UlarSawa Sister Mabel steady goyang kaki tapi itu Mike🐁 takut sampai kencing disini tak berani to accept Felix888 challenge lagi. Kesian. Haiyoh. Correct? 11/06/2023 7:39 AM
Haha Ular cut him some slack lor..
Now Mickey Mouse has becum Sifu oledi..
It's OK with or without challenge 60 sen is achievable..
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.
Here's another wang...
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)
The big money is not in the buying and selling, but in the waiting. So we wait lor...
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....
KML889
1,092 posts
Posted by KML889 > 2023-06-09 15:36 | Report Abuse
Kiss and say goodbye to cheap tickets. Huhu. Price action speaks louder than All the Alien species