Posted by Max2838 > 2023-09-04 10:24 | Report Abuse

Perhaps, it's time to start the gamestopping as shorties have reduced their positions by 11% over the past week.
Brent price will firm up further until end of year as Saudi n Russia continue squeezing oil supply....

Posted by Why2TellMeWhy > 2023-09-04 11:14 | Report Abuse

scare die me... phew. finally come back to above 54 sen.

Posted by Fklim888 > 2023-09-04 11:20 | Report Abuse

what happened.....

Posted by KML889 > 2023-09-04 11:22 | Report Abuse

A dollar worth and selling for 50 cents. It's all about MOS. Sit back and enjoy the rest of the show.

Posted by KML889 > 2023-09-04 11:23 | Report Abuse

Unless you're a day trader

Posted by RISK8888 > 2023-09-04 11:40 | Report Abuse

good good slow down tomorrow go down bit for me to collect more.

Posted by TimCoke > 2023-09-04 14:39 | Report Abuse

ya, it need some time going back to 0.69

Posted by jacintateh > 2023-09-04 15:01 | Report Abuse

the share is under-valued with NTA @0.97; buy call made by all analyst with an average of 0.70. holding power however is required.

Posted by limitupandsurewin88 > 2023-09-04 15:20 |

Post removed.Why?

Posted by Max2838 > 2023-09-04 18:34 | Report Abuse

Key Insights on BAB
Using the 2 Stage Free Cash Flow to Equity, Armada fair value estimate is RM0.87
Armada's RM0.53 share price signals that it might be 39% undervalued.
Our fair value estimate is 40% higher than analyst price target of RM0.62

Posted by RISK8888 > 2023-09-05 07:39 | Report Abuse

Come down baby, I wanna collect more!

Posted by KML889 > 2023-09-05 08:00 | Report Abuse

Most likely will hover around 56-57 cents this week preparing for 60++ next week

Posted by KML889 > 2023-09-05 08:06 | Report Abuse

It's always futile to ho against major trends. Just go along the trends if day trade. Yang already on-board mau uptrend whereas not yet loaded, on-boarded mau turun.

Posted by KML889 > 2023-09-05 08:09 | Report Abuse

Or yang jual normally turned quiet or disappear from the thread here and vice versa. So obvious isn't it. Speaking for myself

Posted by TimCoke > 2023-09-05 09:04 | Report Abuse

Target is easily achievable at 0.69

Posted by Fklim888 > 2023-09-05 09:08 | Report Abuse

Armada....can make it.

Posted by TimCoke > 2023-09-05 11:34 | Report Abuse

525 now, good buy

Posted by Ninja _07 > 2023-09-05 11:36 | Report Abuse

Very good entry now at 0.525

Posted by gamble > 2023-09-05 13:43 | Report Abuse

never ever thought armada is lower than uzma. all the oil stocks up crazy shit..

Posted by armadatuah2017 > 2023-09-05 13:52 | Report Abuse

this KML889, whenever he appeared, our boss is not happy.. too much noises..it will rise back once he cut loss..

Posted by armadatuah2017 > 2023-09-05 13:53 | Report Abuse

We do not let noobs to gain from the counter.

Posted by KML889 > 2023-09-05 17:34 | Report Abuse

Bagus bagus, mangkuk 2017 belum jual lagi.

Posted by KML889 > 2023-09-05 17:35 | Report Abuse

How to jual, 9 out 10 oil counters turun. Mangkuk

Posted by Felix888 > 2023-09-05 19:33 | Report Abuse

What mangkuk? You don't scare me leh. I still have full hands of BA.

Posted by Felix888 > 2023-09-05 19:52 | Report Abuse

Old ah kua you don't know how much my paper gain I have in this counter. I'm steady bom bi bi in this counter. Don't jealous ya

Posted by KML889 > 2023-09-05 20:33 | Report Abuse

Uncle, what Killer Whale and who are "they". Boleh share kah. Nevertheless, you will not get me to dump a dollar worth BA for 50 cents in view of some greenhorn newbies unable to endure the short term ups and downs of typical volatility of oil stocks

Posted by KML889 > 2023-09-05 21:07 | Report Abuse

Oic. Ingat tadi some infamous syndicates or individuals. Boleh, I can take that. Thanks.

Posted by hng33 > 2023-09-05 22:19 | Report Abuse

Brent crude oil > 90

Posted by Felix888 > 2023-09-05 22:21 | Report Abuse

Wow wow this is a phycological level break through.

Posted by armadatuah2017 > 2023-09-06 07:55 | Report Abuse

KML889 Felix888 scumbags, let's see how you will endure.

Posted by Felix888 > 2023-09-06 08:01 | Report Abuse

Armadatuah did I scam you?

Posted by RayLee > 2023-09-06 09:28 | Report Abuse

Possibly oil price will move up to $100/ barrel again

https://www.reuters.com/markets/commodities/oil-prices-mixed-receding-support-chinas-steps-revive-economy-2023-09-05/

Posted by Fklim888 > 2023-09-06 09:35 | Report Abuse

huge block....break through

Posted by lloydlim > 2023-09-06 10:48 | Report Abuse

Time to accumulate!

Posted by KML889 > 2023-09-06 12:02 | Report Abuse

Anyone knows the meaning of continuous buying of 300 units board lot currently. FM or by specific syndicates.

Posted by rohank71 > 2023-09-06 12:18 | Report Abuse

Machine buying. Normally, it may be an AI Fund. Fund which buys based on AI indicators.

Posted by rohank71 > 2023-09-06 12:20 | Report Abuse

The machine may also sell down once the AI indicator says sell. So its not a fundamental driven trade

Posted by KML889 > 2023-09-06 12:37 | Report Abuse

Thanks rohank71 for the explanation. Meaning AI says Buy for now. Great news off course

Posted by rohank71 > 2023-09-06 12:46 | Report Abuse

https://theedgemalaysia.com/node/681446

Posted by TimCoke > 2023-09-06 14:47 | Report Abuse

0.54 still good price to enter, gogogo

Posted by TimCoke > 2023-09-06 14:48 | Report Abuse

0.69 easily

Posted by Felix888 > 2023-09-07 11:12 | Report Abuse

This stock like to do cha cha dance.

Posted by Ninja _07 > 2023-09-07 11:20 | Report Abuse

then don't play man. this counter is for investors not traders.

Posted by nikicheong > 2023-09-07 13:05 | Report Abuse

ABS Awards AIP for Bumi Armada’s Pioneering Carbon Storage and Injection Vessel

ABS has awarded Approval in Principle (AIP) for Bumi Armada’s pioneering design for a floating carbon storage and injection unit (FCSIU).

Bumi Armada’s FCSIU concept is a floating terminal capable of storing and injecting liquified carbon dioxide (LCO2) into depleted oil and gas fields or aquifers. This novel concept incorporates the ability to accept LCO2 deliveries in an offshore setting, the flexibility to manage LCO2 at low or medium pressure, the provision of LCO2 buffer storage and the preparation of LCO2 for sequestration - permanent storage of CO2 deep beneath the seabed.

The FCSIU can receive LCO2 from various sources, such as electricity generation, manufacturing and construction, offering a new solution for reducing CO2 emissions from these industries.

The AIP is applicable to either a new build or a converted donor carrier, with smaller tanks to optimize the cargo space layout.

“Carbon capture and reinjection in depleted fields is a promising technology for reducing greenhouse gas emissions, and it is likely that this process will become more widespread and play an increasingly important role in the transition to a low-carbon economy. ABS is a leader in the field and is committed to supporting the safe development and adoption of the technology,” said John McDonald, ABS President and Chief Operating Officer.

Gary Christenson, Bumi Armada’s Chief Executive Officer, said, “We are excited to bring sustainable and scalable solutions to reduce carbon emissions, which is also in line with Bumi Armada’s recently launched decarbonization agenda to achieve net zero by 2050. This solution is a testament to our strong commitment towards providing the best decarbonization solutions globally.”

https://news.cision.com/american-bureau-of-shipping/r/abs-awards-aip-for-bumi-armada-s-pioneering-carbon-storage-and-injection-vessel,c3830219

Posted by Robert Waters > 2023-09-07 13:41 | Report Abuse

A bit more technical description in this article...
https://maritime-executive.com/article/bumi-armada-proposed-floating-unit-to-build-out-co2-storage-operations

ABS highlights the challenges in liquid carbon transport and storage noting that while there currently are over 100 gas carriers capable of carrying CO2, there are only a few pure LCO2 carriers in the world. While liquified CO2 is seen as the most promising state both for transport and injection for storage, ABS highlights it is also very challenging. ABS explains that because CO2 is carried at around -54.4 Celsius and 5.-7 bar pressure in a liquid state, one of the challenges is that it can rapidly move from the liquid state to the solid state when there is a drop in pressure. This they said can lead to the formation of dry ice, causing technical and safety challenges.

Another challenge for the transport is that LCO2 must be carried in cryogenic pressurized tanks. Current designs for the tanks are limited in size before the tanks become too heavy and too expensive, according to ABS.

Posted by KML889 > 2023-09-07 14:54 | Report Abuse

Another avenue for BA making more money for shareholders although the 1st shipment from Bluestreak JV (JV formalization in Q4) will only begin in 3 years later after FID. Mr Market is however not excited at all. Moody and Muted.

Posted by pang72 > 2023-09-07 16:07 | Report Abuse

So, 60c coming...
Everything is clear... Clear....
2 transformer installed, back up 10 more..
No transformer problem for next 10 years

Posted by Felix888 > 2023-09-07 16:10 | Report Abuse

Pang72 I thought you already sold BA. Last time post a lot in BA forum.

Posted by UncleFollower > 2023-09-07 17:13 | Report Abuse

That gap from .635 to .485 will be filled, matter of time no worries

Posted by nikicheong > 2023-09-07 17:34 | Report Abuse

I have received confirmation from Pharos Energy's IR that Bumi Armada have submitted a proposal for the extension of the lease of the Armada TGT FPSO to Pharos Energy and they are currently in the midst of negotiating the extension. A formal announcement would be made once the extension is confirmed.