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2019-09-12 10:23 | Report Abuse
*Market News*
*President Donald Trump on Tuesday tweeted that he will be delaying $250 billion in tariffs on China to October 15 from Oct 1* as a “gesture of good will” to China. (CNBC)
*U.S. President Donald Trump tweeted with envy on Wednesday about the ultra-low, even negative interest rates in other parts of the world, berating what he called the “boneheads”* at the Federal Reserve for not following suit. (Reuters)
*U.S. President Donald Trump has suggested that the U.S. Federal Reserve drive interest rates into negative territory*. He says his motivation was to refinance the U.S. government’s $22 trillion in outstanding debt and lengthen the amount of time over which it is repaid.(Reuters)
*U.S. oil prices dropped more than 2% on Wednesday* after Bloomberg News reported that President Donald Trump discussed easing sanctions on Iran in order to reopen negotiations.(CNBC)
The *Hong Leong group* in partnership with private equity firm TPG has won a bid to buy the hospital business of Columbia Asia group in Southeast Asia, sources say.(The Edge)
Confectionery maker *Khee San Bhd* said it will issue new shares to Wah Kong Corp Sdn Bhd at 33 sen each under a plan to acquire Wah Kong's distribution business.(The Star)
*Inari Amertron Bhd* signed an agreement with PCL Technologies Inc to set up a joint-venture to secure, manage and manufacture optical transceivers and other related products in Penang. (The Edge)
*Sime Darby Bhd* said it is acquiring three Sydney, Australia luxury car dealerships representing the BMW, MINI, Volkswagen, Jaguar and Land Rover marques for A$112 million (RM321 million) to strengthen its presence in the automotive market there. (The Edge)
*MMAG HOLDINGS BHD* ’s subsidiary, Line Clear Express and Logistics Sdn Bhd and Jakarta-based PT Lion Express have inked a multi-year business collaboration agreement on a parcel sending service. (The Star)
*Tadmax Resources Bhd* has received the government’s nod to proceed with its power plant project in Pulau Indah, Selangor.(theSunDaily)
*Mah Sing Group Bhd hopes the government will continue to exempt first time house buyers from stamp duty payment in the upcoming Budget 2020*, to be tabled in Parliament on Oct 11.(Bernama)
Wednesday, 11 Sep 2019
6:23PM ESCERAM Single-tier dividend of RM0.006
2019-09-12 10:03 | Report Abuse
Today T2 , sure a lot of dumping from contra players
2019-09-12 08:51 | Report Abuse
I also queued 1.5mil each at 0.275, 0.28, 0.285 to support
2019-09-12 08:27 | Report Abuse
Today T2, I'm waiting to collect cheap cheap again at 0.275 & 0.28, hope can get some by today
2019-09-11 14:11 | Report Abuse
This is excluding court case win (another 0.20 up), written back of huge impairment (another 0.10- 0.15 up), and Armada installer & constructor securing new project (another 0.10 up)
2019-09-11 08:50 | Report Abuse
Armada will up n up, impossible will drop back already
2019-09-11 07:18 | Report Abuse
EPF will be the supporter of Armada share price, so you guys can keep buying and buying, Armada definitely won't drop back already
2019-09-11 07:13 | Report Abuse
Very hardly the Armada price will drop back to 0.27 already, so EPF will keep.buying and buying and price will up and up
2019-09-10 20:46 | Report Abuse
What's that news????? Hope won't drop tomorrow? Otherwise my contra 2mil need to force sell already
2019-09-10 19:20 | Report Abuse
EPF will keep buying and buying, so pice will UP and UP
2019-09-10 18:43 | Report Abuse
I believe should be no more shorties already
2019-09-10 18:41 | Report Abuse
You guys all please keep buying, I'm 10000000% very sure this round won't drop back already to below 0.275
2019-09-10 18:26 | Report Abuse
Today I got buy 2mil shares at 0.28 by contra, I think Armada is unlikely to drop back already, quite safe :)
2019-09-10 18:25 | Report Abuse
Armada please chase over knm now
2019-09-10 18:23 | Report Abuse
Very long time never see Armada price taken over sapura already, next is knm
2019-09-10 18:20 | Report Abuse
Wow, I'm quite sure this round Armada won't drop back to 0.27, will be all the way up and up
2019-09-10 12:58 | Report Abuse
Klci and djia already very high now, worried of djia collapse only
2019-09-10 07:43 | Report Abuse
With one positive news and good oil market sentiment, today Armada limit up
2019-09-10 07:43 | Report Abuse
EPF will keep buying and won't dispose already
2019-09-10 07:18 | Report Abuse
Oil price bullish now, oil pice up to 63 USD already, up almost 2%
2019-09-09 21:40 | Report Abuse
Shpok, queue sell at 0.28, sure can break one
2019-09-06 19:46 | Report Abuse
Anyway, we don't care about that, just follow the bursa announcement, as I believe they already impaired Armada perdana for FY 2018, that's why disposal now have some gain which is still quite positive
2019-09-06 19:45 | Report Abuse
"However, the Armada Perdana FPSO was previously estimated to have a book value of up to RM300 million."
Extracted from the edge article, this Armada operator very cunning, very fast to come out this statement
2019-09-06 19:44 | Report Abuse
Mikekim, it's only gain of USD 5mil, not 23mil
2019-09-06 18:23 | Report Abuse
With this announcement, it should increase the share value by 20m/5876mil shares x PE 10 (at least)=0.034
2019-09-06 18:21 | Report Abuse
It's quite a positive news la, firstly can reduce the debt or got cash coming in, secondly, got gain of the disposal somemore
2019-09-06 18:18 | Report Abuse
It means the disposal of the aseet has gained 5mil USD as paper profit
2019-09-06 18:17 | Report Abuse
Robert, read it carefully, it's selling USD 40mil, with USD 5mil gain
2019-09-06 13:34 | Report Abuse
Whenever they came out with this negative news media, they sure will make sure the price drop one, so today price either drop or maintain flat
2019-09-06 13:21 | Report Abuse
Haha, Armada operator still want Con more sohai stupid shorties to short
2019-09-06 10:12 | Report Abuse
Armada operator still playing those sohai stupid shorties at 0 26
2019-09-06 09:59 | Report Abuse
Armada operator still very cunning, controlling n manipulating the price, market sentiment so positive, still not allow to push up to 0.27/0.275
2019-09-06 09:44 | Report Abuse
Volume totally very low, not even can break 0.265 n touch 0.27
2019-09-06 06:39 | Report Abuse
Trade talk seems very positive, creating a very positive market sentiment now today
2019-09-06 06:38 | Report Abuse
Yes, everybody here be united, keep buying, if u all have extra or little bit bullet, also shoot now
2019-09-05 21:49 | Report Abuse
And if the disposal of assets make sense, then can be settled even earlier than that.maybe 2 years also can settle with disposal of certain assets and trade receivable, etc etc
2019-09-05 21:47 | Report Abuse
I personally studied the whole quarter report for 4 days without missing any, the company should worth for 0.50++.
The media always repeat the high debt high debt, actually it's to frighten those retailers and investors
If you really study in depth the report, the 10b can be settled as fast as 5years, and if Woodside claim is won, then will be 4'years, fully settled with no debt
Company has a very healthy and strong cash flow coming in everyday
Stock: [ARMADA]: BUMI ARMADA BERHAD
2019-09-12 12:32 | Report Abuse
Personally feel that armada operator wanna push down the price to 0.27-0.275