There are ways to bailout the company. The money not necessarily coming from government. Could be Petronas or Saudi company. Think out of the box.
Barking not helping you earn any money from share market.

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This is not a gambling like in Genting Casino which just based on luck or probability.

This is a gambling with your ability to process the available information and made the right decision.

If you looking at the debts only, yes you are right there is no way Sapura could turn around it without any support from Government or White Knight.

For thus bought this counter already clearly known this is PN17 company. We just betting / gambling someone will come and save this company.

Don't compare this with Serba. Serba did fake accounting, no one able to save this Serba.

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Maybe is time to accumulate it. I wait and see first.

The US government is well prepared this time to prevent the SVB bankruptcy expending to the entire banking industry. The customers saving in the bank are guaranteed by government.

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A company have total debts of 1 million, now owner want to sell it at 77.9k. Insider news said this company has a piece of land could worth 11 million. Do you think this is good deal?

I waiting at 0.17. Sell to me.

Just drop 2% only. Don't kancheong kancheong. I hoping Armada drop 30% like Velesto few weeks ago.

Icon 1 year return not negative 5% meih?

Mabel Icon and Sapura not my cup of tea.

Cameia FPSO already in the pocket. Just wait for the official announcement.

He went for toilet break. Wait lah, don't need kancheong.

Steady Bom bi bi.

Short term adjustment is unavoidable. Mid term is up trend.

Long term forget about it, don't fall in love with goreng counter.

Be realistic. No new contract announcement how to break the previous high? Ask the management quickly settle the tenancy agreements and make announcement. One month one announcement is good enough to push the price above 0.40.

The followed by good quarter results announcement in May.

Prefect scenario to push the price back to it`s glory days.

Don't stop captain, full speed all the way!

Good stock don't need to worry people cruising still the price going up.

Camera FPSO EPCIC project is a good project for Armada. The risk is much lower, no need worry about capital and funding. Build it and collect money. Start printing money from the project phases. Unlike other projects waiting for 1st oil only start printing money.

No syndicate come and goreng the counter, share price will be flat or going down.

Syndicate`s success is depending on bilis. Bilis happily put the their head inside crocodile's jaw, finding food in between crocodile`s teeth. This is the national geography scene in share market.

So fast already closed the gap down last week. Now have to climb back the previous peak.

Uncle I3Iurker your curse does not work for Armada. This supertanker going to break 5 years high soon.

Don`t just look at technical chart and forget about sentiment factor in stock market. Sometimes you have to learn from young people :D.

I queue sell at 0.295 first.

https://www.nst.com.my/business/2023/03/886252/velesto-energy-post-strong-earnings-revised-charter-rates-existing-contracts

See just goreng the same overnight rice in the fridge. The fried rice looks delicious now compare to last week.

The bilis now are `smarter` bilis. They are educated and receiving latest information on stock market.

They don't jump in just based on rumours like "my relative said who who who going to goreng this stock". They jump in are based on information collected from social media, traditional media , sifu sifu and IB.

So the syndicates have to feed bilis with information, painting a good future for the company, asking sifu sifu to push a little bit, IB also playing their role to push.

Goreng stock also needs a good future story line. Look at glove stocks goreng were based on future ASP price hike and demand. Technology stocks flying because of semiconductor boom and electric car outlook.

Same for Velesto outlook for new contracts and higher daily charter rate. This is the *fundamental* or the base for goreng.

Remember this is goreng stock don't fall in love with goreng stock. Especially thus management only can make money during a super good time. Normal days they keep posting lousy results.

So Michael did you bought back at 0.18 or you chicken out when saw the falling knife?

Where is this Mabel cat? Lost all her panties in Serba Dynamik? She sold her Armada supertanker already?

My English not so good. Could someone explain what does the statement below mean?

"the French supermajor determined to only sanction developments that are “resilient” to oil prices under $20 per barrel, have a breakeven cost of less than $30 per barrel and whose emissions are below 19 kilograms per barrel."

Apa benda dia cakap?

Long time no see paktua73, Tut Tut!
You showing face here meaning got something big coming. Tut tut!

Congratulations for thus who sapu below 0.19!

When market is hot, sell some. When it dropped buy back. No one knows how long this rally will last. Just prepare for the worst and be optimistic on the future of this company.

OK sold some at 0.69. Just in case the price adjustment.

Continue support BA guys!

I will let go some near 0.69 but still keeping the balance to the peak.

Rasa rasa boleh pecah 0.70. Mantap guys!

Is SOP price now is a good price to enter? Financial result is good why share price going down?

If you strictly follow IB you die faster. IB follows the wing follow only.

Kenanga sell call when Velesto was trading at 0.085. Ask people sell shares to them. Then after some contracts awarded keep buy call until recently sell call again.

You see lah, if next quarter good results or new contract awarded, they buy call again.

You sell to them at 0.18, next quarter price up to 0.30 then you knocking your balls.

Hey Armada is coming. Check out Armada.

Look at Yinson agogo FPSO timeline.

Yinson emerged as the frontrunner for Agogo FPSO in September 2022.

Yinson enter into agreement phase for Agogo FPSO in Dec, 2022.

Yinson inked the agreement 2 days ago in February, 2023.

Armada enter into Camaie FPSO frontrunner in Sept, 2022. So is about the time for agreement preparation. Insiders may already involved in agreement negotiations.

High volume, close high. Very good sign for short term guys.

Niki, I have a good feeling on 1) Award of Cameia FPSO contract.
The is a game changer for Armada`s outlook.

Good analysis SinGor!

Bro Macgyver, I'm not comparing MYEG business model VS Velesto.

I just use MYEG recent incidents as a reference. MYEG recovered some lost ground not going deeper.

Uncles and Aunties no one knows when is the peak and when is the bottom.

Example you bought 200k shares at 0.160, when price went up to 0.28 you sell 100K and keep another 100k.

When the price dropped, you ma buy back 100K at lower price lah.

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Ini lah perangai bills. Bila harga melonjat tinggi dia rasa murah masuk masuk. Bila harga durian runtuh dia cut lost kata mahal, nak murah lagi. Ini lah selalu kena cuci bersih.

Today BA got power!