Posted by value_seeker > 2023-06-13 18:16 | Report Abuse

After announce can sell

Posted by David Gunter > 2023-06-13 18:25 | Report Abuse

Why ah?
value_seeker
After announce can sell
6 minutes ago

Posted by David Gunter > 2023-06-13 18:25 | Report Abuse

Why ah?
value_seeker
After announce can sell
6 minutes ago

Posted by David Gunter > 2023-06-13 18:53 | Report Abuse

Talk sue arse only sampah

Posted by ValueInvestor888 > 2023-06-13 19:01 | Report Abuse

@ Felix888,

Look like they cannot meet 95% SLA as now already almost 20 days gone. What is the best estimate costs or loss?

*************
There still risk on the 95% SLA. This could hit the price. Don't simply sialang. Hold your houses.

1 hour ago

Posted by sense maker > 2023-06-13 19:08 | Report Abuse

Last 15 minutes, big sellers came back. The company will not issue any announcement till the transformer issue has been fully resolved and the production resumption has reached stability and begun an upward trajectory towards greater volume, and with negligible risk of halt again for any reasons.

Posted by OrlandoOilSemiconIoT > 2023-06-13 19:35 | Report Abuse

13/06/2023 4,526,300

Gary Neal Christenson

Vesting MIP Shares



Gary chose to vest today so good news may not be true else he may be accused of insider trading

Posted by value_seeker > 2023-06-13 20:15 | Report Abuse

Should be good until annoucement. Normally once announcement out, share will drop. Hopefully tomorrow is the reversal trend. Those who bought low should be in the money.

Posted by David Gunter > 2023-06-13 20:30 | Report Abuse

Share drop because investors want to save underwear. Announcement will cause price to up back again. This is not QR announcement

Posted by armadatuah2017 > 2023-06-13 20:44 | Report Abuse

betulkah this news?

Posted by Hotstuff > 2023-06-13 20:46 |

Post removed.Why?

Posted by Felix888 > 2023-06-13 20:49 |

Post removed.Why?

Posted by KML889 > 2023-06-13 20:50 | Report Abuse

Wow, one hefty Gain, Hotstuff

Posted by value_seeker > 2023-06-13 21:02 | Report Abuse

Should move tommorrow until next week. By the time Armada do announcement time for retracement.

Posted by David Gunter > 2023-06-13 21:03 | Report Abuse

A lot contract experts lol

Posted by Felix888 > 2023-06-13 21:04 | Report Abuse

Hahaha layman interpretation. I could be wrong.

Posted by Felix888 > 2023-06-13 21:04 | Report Abuse

I bought a lot yesterday. But not dare to sailang. Nothing is 100% sure.

Posted by bingoman > 2023-06-13 21:10 | Report Abuse

i sell all at 43 sen yesterday. got people keep say price will below 40 sen.

Posted by value_seeker > 2023-06-13 21:16 | Report Abuse

othing is 100%. We just move by the news. Cannot hold long at the moment. This is possible to move both way. As long as production does not go back to 95%, nothing is guaranteed.

Posted by value_seeker > 2023-06-13 21:17 | Report Abuse

In out fast.

Posted by Felix888 > 2023-06-13 22:15 | Report Abuse

This Armada IR lembik. EnQuest IR immediately give response.

Armada IR email acknowledgement pun takde. Report problem without impact accessment, no target timeline at all buka open cheque for public guessing the impact.

Production restarted by phases no update also.

Hello Ardanan Krishna, fire your Bumi IR department please. Especially that Tengku with misai one.

Posted by Rangers > 2023-06-14 01:19 | Report Abuse

For traders target for long term any price below 50c should be a good value hunting but for short term sprinter any chance Hit 5c profits should sell and wait for another round.
BA definitely will hit back above 60c B4 end of the year.Time to make some money for Christmas.

Posted by Mabel > 2023-06-14 07:39 | Report Abuse

ML889 Wow, one hefty Gain, Hotstuff
13/06/2023 8:50 PM

Congratulations Hotstuff!

You are the man!

Posted by Mabel > 2023-06-14 07:40 | Report Abuse

Rangers For traders target for long term any price below 50c should be a good value hunting but for short term sprinter any chance Hit 5c profits should sell and wait for another round.
BA definitely will hit back above 60c B4 end of the year.Time to make some money for Christmas.
14/06/2023 1:19 AM

Indeed!

To Our Success !

Meow

Posted by Felix888 > 2023-06-14 08:09 | Report Abuse

Brent oil rebound 3.4%!

Posted by Kakume > 2023-06-14 09:23 | Report Abuse

Pls read EnQuest Forum in LSE, doesn't look good on the re start. Run first

Posted by luckyfrankie > 2023-06-14 09:24 | Report Abuse

Kakume, you will regret and come back

Posted by luckyfrankie > 2023-06-14 09:27 | Report Abuse

before noon should stable at 0.455😀

Posted by sense maker > 2023-06-14 09:49 | Report Abuse

Wah restarted and then re-stopped Kah?

Posted by Sslee > 2023-06-14 09:59 | Report Abuse

https://www.lse.co.uk/ShareChat.html?ShareTicker=ENQ&share=enquest

You can read from this Enquest chat on Karken back online

Posted by Ravi Kumar > 2023-06-14 10:02 | Report Abuse

That forum also a lot of fakers probably from here too. LOL

Posted by Ravi Kumar > 2023-06-14 10:03 | Report Abuse

And EnQuest shares are still holding up!!!!!! Speaks for itself

Posted by Sslee > 2023-06-14 10:04 | Report Abuse

https://www.enquest.com/investors/reports-results-and-presentations

You can read from above link on Report resilt on Kraken productoon

Posted by Mabel > 2023-06-14 10:20 | Report Abuse

Thanks a million Handsome Sslee..

You are truly a gem!

Meow Meow Meow

Posted by Felix888 > 2023-06-14 10:27 | Report Abuse

I3lurker you bought a Lamborghini doesn't mean you can run 300km/h on Malaysia highway.

Armada get full charter rate based on production efficiency. Not based on capacity VS actual output.

That production efficiency is equivalent to your satisfaction driving that Lamborghini with a pretty lady sitting beside you.

Posted by nicholas99 > 2023-06-14 10:29 | Report Abuse

go sepang ..

Posted by Felix888 > 2023-06-14 10:31 | Report Abuse

EnQuest still profitable else UK government won't charge them 75% windfall tax. Money gone to UK government.

Posted by i3lurker > 2023-06-14 10:32 | Report Abuse

yeah
the contract is renewable yearly now.
if its gonna be dry, then Bob's your uncle and where is Bob?

/////The contractual term is for a period of eight years, with an option for 17 annual extensions.////

Posted by Felix888 > 2023-06-14 10:37 |

Post removed.Why?

Posted by Felix888 > 2023-06-14 10:38 | Report Abuse

Uncle l3lurker you got any reference FPSO contract renew on yearly? Please share here.

Posted by i3lurker > 2023-06-14 10:52 | Report Abuse

Armada Kraken FPSO

The Armada Kraken, recently named at Keppel’s yard in Singapore, is a harsh-environment FPSO which has a design life of 25 years without dry-docking.

The vessel is able to handle a peak fluid rate of 460,000 barrels per day (bpd) and 80,000 barrels of oil per day (bopd), 275,000 bpd of water injection, 20 million standard cubic feet (MMscf) of gas handling and has a storage capacity of 600,000 barrels.

its like you own a 80 rated equipment and gets rental rate for 15 rated equipment
not too good

15,000/80,000

either Enquest paying too much or Armada getting too little, both unhappy

Both are bound by contract.
=> It takes only a small incident to blow it up just like Woodside

as sslee says, its excellent for Bintang beer only but dun get too serious about Armada

Posted by Patient Investor > 2023-06-14 10:56 | Report Abuse

Based on Annual Report FY2022

With the receivables 4.5b just almost on par to pay off total borrowings of 4.5b in next few years, does it mean there wont be any dividend payout expected in next few years?

The borrowings interest seems quite high
USD Term loan - floating rate 7.85% (3.55% in 2021)
Sukuk 6.35% (fix rate)
And more than 50% of it has to be repaid within 2 years

Posted by Felix888 > 2023-06-14 10:58 | Report Abuse

Just fall in love doesn't mean have to go into long term relationship. Short term also OK. You enjoy I enjoy both happy.

Posted by Felix888 > 2023-06-14 11:00 | Report Abuse

Patient you have to post your concern on interest rate in Yinson`s forum. Armada debts level at very comfortable level now.

Posted by Patient Investor > 3 minutes ago | Report Abuse

Based on Annual Report FY2022

With the receivables 4.5b just almost on par to pay off total borrowings of 4.5b in next few years, does it mean there wont be any dividend payout expected in next few years?

The borrowings interest seems quite high
USD Term loan - floating rate 7.85% (3.55% in 2021)
Sukuk 6.35% (fix rate)
And more than 50% of it has to be repaid within 2 years

Posted by Sslee > 2023-06-14 11:04 | Report Abuse

I3lurker is right.
Armada is good for trading gain but not for investment because of high debts and unable to pay dividend yet.

I invest on stocks that give dividend and hopefully also share price appreciation.

Posted by i3lurker > 2023-06-14 11:04 | Report Abuse

not to worry
its always 100% guaranteed refinanceable unless fraud case like Serba case
loan availability not an issue.

the issue is more towards getting a good rate
the meaning behind those financials is that Armada overbuilt the FPSO for the job.

so of course those rentals cannot cover the repayment for 20 ton stone lorry if you rent it out as 1 ton lorry rate to pork seller

Posted by Sslee > 2023-06-14 11:14 | Report Abuse

I just wonder Yinson very high debts yet doing well and pay dividend.
How Yinson charge their clents?

Posted by Patient Investor > 2023-06-14 11:25 | Report Abuse

Perhaps along the cash flow can sustain debt repayment and pay down borrowings, they will be doing fine.

4.5b avg 7.5% only 330million. armada operating cash flow is 1.4billion. They still have acces of 1billion to par down the debt, and further reduce the interest.

Posted by Johnchew5 > 2023-06-14 11:58 |

Post removed.Why?

Posted by Johnchew5 > 2023-06-14 12:00 |

Post removed.Why?