BUMI ARMADA BERHAD
KLSE (MYR): ARMADA (5210)
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Last Price
0.635
Today's Change
+0.015 (2.42%)
Day's Change
0.615 - 0.635
Trading Volume
32,473,300
Discussions
45 people like this. Showing 50 of 72,504 comments
My respect and thank you to AK who was loyal to his investments protecting Armada even in times of trouble. He loaned money to BAB and that way ensured that the company avoided distress. Grace for minority shareholders here.
1 week ago
I believe that AK's companies are generally well run and there's no need for minority shareholders like me to constantly look over their shoulders to see if he's trying to shaft them. If AK wanted money, he'll just declare dividends and not do some shady related party deals. A corporate cheiftain in the same mould as the great Teh Hong Piow.
Rest in peace sir.
5 days ago
Gut punch: https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3505462
This was a project that Bumi Armada had tendered for.
5 days ago
It's a fairly decent contract award - around USD35mil/year during the 10-year firm period.
5 days ago
@nikicheong- May I know how you to get the information? Did Bumi Armada tendered another project?
5 days ago
big player is now collecting in hidden mode. it seems that, Armada is set to become big.
4 days ago
Maybe it is a few dozens small players that get share from a big player of a whale ?
4 days ago
Today I wanted to buy some shares as the price softened at the closing during 5 minute TPC phase at 16:50, and instead I pressed SELL. Well, that was silly mistake. Those things can happen to big boys too, with more price implication.
I was upset with myself, so I put a buy for tomorrow to repurchase. Hopefully at same price.
4 days ago
Merger will happen, the only issue is the pricing of BAB for the merger. They have been talking for more than a year now, if you recall the CEO mentioned of potential corporate exercice at BAB in a briefing about a year ago.
3 days ago
as informed 5 days ago in my earlier post. We have now 60 cents. Congrats to all who has entered during 55 cents limbo. At this point, the only sound action is to add.
3 days ago
TimCoke- Don't worry too much, everyone have their own strategy to invest, so when reach their target price then will automatically sell off.
Refer to your question - run right?
I think you have to set up two type of targets which is stop loss target and target price, this will be very useful for you.
3 days ago
Wait for me for what? The highest I averaged up at was RM0.47 a few months ago. I'm not likely to add to my holdings anytime soon. I'm just waiting on the sidelines to see how things pan out.
2 days ago
Yes. I heard that one before. Operator keeps price low to achieve some type of financial target for transaction in the future. I tried to suppress a penny stock (PN17) once, but it ended badly for me. Break through and an opportunity loss by selling too low.
1 day ago
Yes you do. And it was similar transaction value, but no loss, only breaking even. And my mistake was trying to block it on a few levels. It is like trying to stop the flood of the ocean at the beach using a bucket and a sandcastle. Buying wave goes through and continues. So is was happening with Armada. I saw 8 million offer (sell) at 60 sens yesterday, with only 0.5 buy at 59.5 sens. A few hour later 8 million was gone and price was 61. Next day it is 63.5. Momentum suggest that this too will be taken.
1 day ago
its also an obvious indicater at 0.595. When the volume hit extremely high to push pass the selling que...then only 0.60 appeared. This suggest a further TP than previous round. There are several significant indicator this round.
1 day ago
I sold some at 59.5 of Armada, because sometimes those even numbers, like 0.6 take longer to cross. I take almost the same money from sale, and it occurs easily. I think the best similar example is bitcoin at 100k. Breaking through seems difficult. No problem to sell at 98k.
Obviously, I underestimated buying momentum for Armada. Even though there are no big bid, people just buy and new levels are reached. My next selling will be around 70 - using IB guideline targets.
18 hours ago
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RIP Sir
1 week ago