KLSE (MYR): ARMADA (5210)
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Last Price
0.585
Today's Change
-0.005 (0.85%)
Day's Change
0.58 - 0.595
Trading Volume
17,347,000
Ann. Date | Date | Type | Name | Title | View |
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Potentially negative news: https://www.upstreamonline.com/finance/uk-north-sea-producer-waldorf-facing-liquidity-concerns/2-1-1626872
1 week ago
Nik. I think its still managable given that the JV only 1/4 even if the field is to be liquidated
1 week ago
Looks like its mostly the retail sellers. Large and institutionals are buying ie inflows. Wonder if its reaction to Iran lobbing drones and missiles into Israel and possible reaction from latter.
1 week ago
Other O&G counters rebounded.
Armada's drop could be a mixture of:
(Geopolitical + Waldorf) = then must watch closely the price movement as most likely price will be shaken a bit;
(Geopolitical Only) = then the price will rebound back to 0.62
1 week ago
There is not going to be a problem from 29.5% owner Waldorf..EnQuest which holds 70,5% can easily pick up any shortfall as it has just struck 2 huge oilfields in Bressay and Bentley .Just buy low now and sell at 0.68
1 week ago
Is there any news regarding the final acceptance of Sterling V? It is expected to be completed this month.
1 week ago
Sterling V acceptance is not happening this month. Still 3 to 6 months away, at minimum.
1 week ago
Guys, I am off-loading for now... I think the Waldorf issue is a concern for now... See you all in the next round yeah. Will be back soon!
1 week ago
#TimCoke.. the same here... looking forward for a good QR and also some notes in Annual Report and AGM presentation before end of May.
1 week ago
Misc, dayang, hibiscus, perdana, dialog all went up .. but armada going down 🤔🤔
1 week ago
Ooops.... mouse pointer on the X .....accidently click and delete my own comments ... .hahaha
1 week ago
Competition warming up for large gas FPSO in Southeast Asia
https://www.upstreamonline.com/exclusive/competition-warming-up-for-large-gas-fpso-in-southeast-asia/2-1-1630052
5 days ago
TimCoke when you say that often enough, it's bound to come true at some point.
5 days ago
Niki, law of attraction ma, but its actually based on fact... Below 6 is still a good buy
4 days ago
The 2023 Annual Report should be out in the coming days. Hopefully there are some concrete, positive developments hidden in there.
Regardless, we need some positive announcement specifically relating to a concrete contract win by June 2024. Otherwise, be prepared to write-off Bumi Armada.
If you read the recent Glassdoor review, it seems like a company without any future potential. Such a sad state of things. Gary must be held accountable for this debacle!
4 days ago
Reviews from Glassdoor
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Relaxing!
Pros
Relax culture, you can get to know everyone in the company, KLCC view, half day on Friday, 10 mins walk from public transport (LRT)
Cons
Could be better on the employee & career development structure.
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Bonus payout is considered low as compared to peers
Pros
Friendly environment, rarely working overtime
Cons
No projects. Transparency between upper management and employees is low
Advice to Management
Provide more profit sharing to the employee to retain the talent
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4 days ago
LMAO they work just half-day on Friday. Intern says it is a relaxing environment, this not good for us.
The second review says no projects. Also, not good for us.
4 days ago
sometimes better no new project vs loosing money in new project. unfilled sales up to 20B or NPV @ 13% @ 90 sen per share, better sit and collect the sales and don't screw up. Once debt paid, pay out the extra cash as DV.
4 days ago
this May after QR most analyst will upgrade to 80 to 90 sen band target price as long as NO screw ups. we don't need new projects... but just implement what's is already there with perfection.
4 days ago
Rohank that is right with cost of equity at just over 16 % and with debt pared down would generally relate to a lower discount increasing PV subject to freecashflow projections. These guys need another project to bump up valuation as buffer to future cashflow projections.
4 days ago
The "kick" is in the terminal valuation in the DCF model. A growing company would have a higher valuation. That is why Yinson's valuation is streets ahead
4 days ago
Let us NOT kid ourselves. We, investors, are not going to make any profit, unless Armada management gets off their asses and start looking for new contract. Project division has been sitting 'half' idle for 5 years now.
3 days ago
Check the news. Greedy Gary is giving himself millions of shares and here is 60k for MGMNT. Seems unbalanced.
2 days ago
Greedy Gary has taken too much for himself, and left not much for the rest.
He is the reason Bumi Armada is decaying.
Hopefully, AK will awake from his slumber and shake things up at the top of Bumi Armada.
Greedy Gary has gotten too comfortable in his position.
2 days ago
AK also sleeping, so don't expect growth from BA... its just collection of contracts till expiry of contracts... and sale of BA to Indian party.
2 days ago
I do not think that Greedy Gary would allow for any payments for shareholders. He already has 30 million of shares for free or half free, will likely ask to pass a special resolution to award more for himself. Maybe another 30 million over few years ? He gave 60 k for management. That is 0.2% or less. At premium. This guy is so greedy it is sick. There will be no money for shareholders left.
23 hours ago
vespa
with socks,shoes and what not are headlines optimism is an empty promise
1 week ago