BUMI ARMADA BERHAD

KLSE (MYR): ARMADA (5210)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.59

Today's Change

+0.005 (0.85%)

Day's Change

0.58 - 0.595

Trading Volume

10,824,200

Discussions
46 people like this. Showing 50 of 71,162 comments

linheng

This week shd see Bumi Armada GO

4 days ago

nikicheong

Seems like the floating carbon storage (FCSIU) project is still being worked on. We should get an official announcement to Bursa Malaysia in H1 2024 if they manage to secure a firm contract. If we hear nothing by June 2024, safe to assume this venture is dead in the water.

4 days ago

Gabriel Khoo

BAB updated their ESG in website ald

3 days ago

nikicheong

@Gabriel, anything specifically new you've identified? I don't seem to see anything new compared to last week.

3 days ago

Robert Waters

Personally I do NOT believe in Carbon Capture project. You can buy credits for 18 USD in Brazil. Why would you pay Bumi Armada 80 USD for same credit ...

The only benefit is good mention by Investor Bankers in their recommendations.

3 days ago

nikicheong

Alas, we shall get some better clarity as to what they've been up to this week.

3 days ago

ITreeinvestor

(SINGAPORE) ABS has awarded Approval in Principle to 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.

3 days ago

marlboroman2

Price is moving up towards Brent Oil's current price?

1 day ago

rohank71

highest level since Karken issue.

1 day ago

Ravi Kumar

record profit?

1 day ago

marlboroman2

all heaven breaking loose now

1 day ago

TimCoke

rocketing soon, monitor ya

1 day ago

nikicheong

Some signs of insiders purchasing after getting to know some good news (new contract?). Or could just be the crazed market gyrating.

1 day ago

nikicheong

Good Q4 alone shouldn't shoot up the price. There has to be more to this, otherwise chalk it down to Mr Market's manic episodes.

1 day ago

Ninja _07

Or maybe anticipating oil might break $90

1 day ago

marlboroman2

Buyers in control of price action, Brent Oil TP 85 sens therefore BA shall follow suit

1 day ago

ITreeinvestor

Armada just follow the trend of oil sector, there is nothing related to new contract or good Q4

1 day ago

zonefinder

Huge volume pushing up price

1 day ago

zonefinder

Lets hope its a project win

1 day ago

TimCoke

everyone was right, its the sythesis of multiple factors

1 day ago

adikkici

Poonnnnnnn beri laluan, beri laluan

1 day ago

mroys74

how high can bumi reach, bulan?

1 day ago

rohank71

63 is next resistance.

1 day ago

zonefinder

Lets see if can hold above 60 today

1 day ago

Ninja _07

Dialog also shoot up

1 day ago

zonefinder

Dayang as well

1 day ago

nikicheong

False alarm, looks like a pump scheme across the sector in KLCI.

1 day ago

nikicheong

Got me excited and hopeful for a while there!

1 day ago

TimCoke

guess, who are those buying today

1 day ago

rohank71

breaking past high of 58.5 is already a good sign. keep fingers crossed for an uptrend chart.

1 day ago

KimSua

KLSE bull is back.. Easier to make money now :) Cheers, CNY bull, never seen this for ages!

1 day ago

Felix888999

You guys have to thank Dialog today. One stock pull up entire sector!

1 day ago

Felix888999

Sold one batch 0.595. 😁
开工大吉!!!

1 day ago

Felix888999

Oil and gas counters Ong because expected good result like Dialog today?

Bumi QR result kambing next week!

1 day ago

nikicheong

Felix, this week or next week?

1 day ago

Felix888999

Last year announcement was 26th Feb. So I guess QR out next week. Hopefully my 2nd batch going out next week ✌✌✌✌.

Today`s 0.595 I queue sell before CNY for ang pow. Finally today 开工大吉!!!🤣🤣🤣🤣🤣

1 day ago

Gabriel Khoo

28/2

1 day ago

Felix888999

Aiyoh 28/2 too late. CNY goreng ending loh.

1 day ago

OrlandoOilWeb3AI

Today Houthi downed a multi million $ US drone and blew a big hole on a UK vessel

Bad blood ain't gonna end soon

1 day ago

nikicheong

Gabriel, is that a guess or you checked with IR?

1 day ago

Gabriel Khoo

From PIB

1 day ago

Ravi1969

Uzma just released great results expecting the same

1 day ago

Felix888999

USD 80 is a sweet spot for oil and gas industry. The 2013 / 2014 peak is coming.

1 day ago

adikkici

Very stubborn.. many o&g counter rise up. But this very slow

20 hours ago

nikicheong

ConocoPhillips is ready at last to start a FEED competition for a floating production unit at the Salam-Patawali oil project offshore Sarawak, Malaysia.

ConocoPhillips has worked quietly on this project for some years, with its efforts last year focused on pre-FEED technical studies performed by floating production, storage and offloading specialists, according to Kuala Lumpur sources.

Market suggestions were that Malaysia's MISC, Dutch company Bluewater and a few other contractors had been engaged in last year's pre-FEED work.

Now, the focus has turned to a FEED competition to be performed by a minimum of two parties, with ConocoPhillips currently going through the process of selecting those companies.

All the top-tier Malaysian FPSO companies are keen on a new contract with a quality client, including BumiArmada with its Indian partner Shapoorji Pallonji Energy, MISC and
Yinson Holdings, all of which are currently wrapping up the delivery of FPSOs on their books.

Other Malaysian companies like MTC Engineering are also keen, while Bluewater is in the mix too.

https://www.upstreamonline.com/exclusive/eagerly-awaited-malaysian-floater-project-advancing-as-oil-giant-narrows-contractor-field/2-1-1601411

3 hours ago

Felix888999

0.60 already broken, next challenge 0.70 close up the previous gap after the QR release. Ji bai hoseh liao!

2 hours ago

nikicheong

Just got confirmation that Q4 2023 results will be released at 12.30pm on 28th Feb 2024.

Expectations would be of a net profit of ~RM200mil to RM220mil (after stripping off any one-offs). Anything above can be said to be a bonus, anything below will be a disappointment as the Kraken FPSO was back to 100% during the whole quarter.

2 hours ago

nikicheong

But again, profits mean nothing really. With sustained "good" profits, the company will probably head closer to 70 sen. But to go beyond that (looking at RM1.00 and above), the mantra is "new contracts, new contracts, and new contracts". Can't run away from that.

2 hours ago

Sslee

Me already sold down Armada and switch to Yinson.

the mantra is "new contracts, new contracts, and new contracts". Can't run away from that.

2 hours ago

rohank71

tq Niki

1 hour ago

Post a Comment