The Chinese government has set a goal of building the first industrial prototype fusion reactor, which it has dubbed an “artificial sun,” by 2035, with officials hoping to begin large-scale commercial production of fusion energy by 2050. Nuclear fusion has become a national priority for China. They set a goal 2035, large scale is 2050. This is January 2024 news.

Oil price fall from 86 to 69 start from July not January, oil price drop because of economic data from China, Opec supply problem and economic worries. Now oil price going up from 69 to 75 because of US cut their interest rate.

That is normal for current oil stock, dayxng from 2.8 to 2.230, Perdxna from 0.5 to 0.33, velxsto 0.28 to 0.205, now is just depend which stock is undervalue and have the potential to going up.

Impossible back to 0.25 because that time covid-19 + brent oil price 33.

Currently, brent oil 71 same price as during 31,may,2021, armxdx price is 0.430 then the next day is 0.455 if get average will be 0.442 + on that time their averages qtr only have 120m+ and above.
Compare to current situation, same oil price but their average profit is 150m+ and above, + middle east war.

Current oil price drop because of (economic data from China and the U.S. revealed weaknesses in their manufacturing sectors, raising fears of declining demand. Additionally, potential increases in oil supply from Libya, due to political factions nearing an agreement, added downward pressure) take from Trading Economics website.

The most important thing is the next Fed interest rate decision, if interest rate is drop then will be good for economic. When all the money back to the market, everyone start working then oil demand going to increase, but have to depend on OPEC if they keep increasing production then oil price will maintain on same price if not mistaken.

Above comment that is not a suggestion for call buy or sell, if want to buy or sell please contact your own financial advisor.

0.38? you think this is goreng stock meh

Big shareholder also didn't worry so much hahaha. Go start a business create your own future, don't hope on other that is not the right decision. When your company get listed please share here, if interested I will buy some share to support you. All the best in future.💪

I'm not supporting armadx, but have some question that is not clear
If the management got problem why shareholder didn't pull down greedy Gary?
Why they still able to borrow money since no new project for 10 years? Lender didn't scare their money unable to receive?
If so disappointed on this stock why don't leave it alone and looking for a potential stock. Don't fall in love with stock.

USD400 million -USD135 million conventional syndicated term loan - USD265 million Islamic syndicated commodity Murabahah facility (collectively, "Facilities"), the proceeds of which are to be applied inter alia, towards the full redemption of the Sukuk and its related cross currency and interest rate hedge liabilities.
135+265 = 400, they didn't mention use for day to day operation.

Normal to borrow because they didn't have high profit from 2014 to 2023 except 2021 and 2022. Impossible they used up 2021 and 2022 profit to pay off the debt then there will be a high risk of facing cash flow problem, maintain high cash flow is good for a company.

That is normal to borrow, who run a business doesn't need to borrow money? Moreover, Armada only have high profit on 2021 and 2022, you ask them to reduce their cash to pay sukuk? Do you know what happen if a company lack of cash?

Some people keep throwing and some people keep collecting the ticket

Normal lah, they always not so positive.

I will just hold for one more month see how going

At least they did clarification of news. Better than nothing

Everyday green meh? impossible lah, this not goreng stock also.

Gary not greedy enough. He should boost the share price up since got 40m of share. hahaha

Good question, but you ask the wrong person. You should join the agm ask them to answer your question, because I'm not the one who set the prospect which is (Building our energy transition pathway towards achieving net zero goal by 2050 or earlier, by focusing on carbon emission reduction and carbon injection technologies and solutions including the Bluestreak joint venture; ) all is take from qtr.

Is quite funny to read this kind of report, what kind of future prospects must armada must have? They already mentioned their prospect (Building our energy transition pathway towards achieving net zero goal by 2050 or earlier, by focusing on carbon emission reduction and carbon injection technologies and solutions including the Bluestreak joint venture;) take from qtr. 2050 is not future then is what?

One of their prospect is (secure new projects in core regions and with our preferred partners;) take from qtr.
The most common thing, as a good company is seeking for a quality contract not a quantity contract because getting a new contract doesn't means you earn money there is a certain risk might be happen and need more capital to run for the new contract, if a company facing high debt situation they must more carefully get into new contract.

If company in high debt position is better to stable or increase their profit and try to reduce more debt, only think about new project.

Why normal profit should be 220 mil to 260 mil? From 2021 to 2023 Their qtr profit range is around 150m to 210mil only, even before covid-19 their most of the qtr is below 160m. Think the positive way, these few years they reduced their debt a lot, can be considered a good starting.

I will just wait for the AGM normally their qtr will release on that day

LOL , why don't you say this stock price dropped from 1.9 to 0.080 ? is there still got 200% profit for them that who bought at 1.9?

The problem is when Dayang going up but perdana still at sleeping mode

The problem is they just used a little money to invest if lose also no feeling.

gogogogo

More hope on second qtr

Micheal Kwok do you have license to call buy or sell?

gogogo back to pre covid price

Calvinharris may i know which year are you at 2016 or 2020？

hello，wood please look at the date？？？ you able to predict the step that going to be happen？

company making profit run for fun？