Armada is expected to be faced with significant compensations and material lawsuits in coming months as a result of the shut in. All the existing ang future projects and contracts are in jeopardy with serious insidious effects. Whole world is dumping fast and furious....
History seems to repeat itself of Armada up and downs over the years; though it is frustrating to see the price dropped so suddenly but I do take some solace from my earlier " dividend aimed" disposals of about 45 % of my Armada total holding in batches with about 57 sens average . I did regret for selling a little too early when Armada eventually hit 72 sens weeks later. Now I am buying back in batches as Armada price dropped lately. It can be a little unnerving as the price keep dropping as its price further dropped after adding but it also means further opportunities to add further for a counter I see values in its business model and at such a cheap valuations. Its cash generation track records for the last 3 years is the cornerstone of my faith in Armada and with PE @ 3.5 , it is a steal. I am waiting for it to go up or down, either way I am excited. You can decide if this suits you. The market is panicking a little too much as it is swinging according to flow of the flocks.
so rubbish this stock, from 0.68 direct drop to 0.42 now, up also no that fast drop that fast, rubbish just a ship stop operate only not all ship stop operate, rubbish
Long long time ago, they is a monkey ask me about the story of karma. I am quite happy because newbie would like to learn from old man... So I had spent some time to write the story of karma so the newbie can understand the danger behind karma stock.
Who know the reply from the newbie after reading the karma story completely out of my thought...
He told me off why I wrote so long so many nonsense. Bla Bla Bla .. At that time, armada about 64c...
I thought I could save many innocent but I am not.. .
The lesson learn is to keep quiet to enjoy my life helping people...
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....
DickyMe
14,982 posts
Posted by DickyMe > 2023-06-12 15:20 | Report Abuse
"Posted by joyvest > 18 seconds ago | Report Abuse
One man's meat BALL is another man's poison.... This is the excuse given by her always...."
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You mean BAK KUT TEH?