Claire was a depleting field and hit by global oil price crashed. Armada was the victim but too bad lost the case. Otherwise you got chance to buy Armada below 0.20 meih?
Can all please stop excessive unnecessary insulting arguments in this forum. We are here to share honest opinions to make money investing in Armada instead of attacking each other with childish statement. If you wish to argue on other counter please do it in the relevant forums. We cant destroy this forum with excessive flooding of such attacking and counter attacks among 2-4 participants. Please have some respects for each others.
Armada’s past earnings record had been in turmoil for donkey years till two years ago when we began seeing stability. Market is now pricing in possibilities of impairment losses creeping back in especially for financial year end 2023.
Armada has recorded 12 consecutive quarterly reports with handsome profits and strong cashflow. This equivalent to 3 years continue profit, including this year with or without this incident still a profit year.
What kind of impairment lost you are talking about? All OMV sold, Claire sold. What else?? You got do homework before posting here?
Posted by sense maker > 3 minutes ago | Report Abuse
Armada’s past earnings record had been in turmoil for donkey years till two years ago when we began seeing stability. Market is now pricing in possibilities of impairment losses creeping back in especially for financial year end 2023
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....
Felix888
3,381 posts
Posted by Felix888 > 2023-06-12 00:46 | Report Abuse
You continue do homework, I go to sleep now.