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2024-02-28 21:36 | Report Abuse
In the slides presentation, next possible impairment will be Armada TGT 1 FPSO and Armada Sterling II FPSO (50% JV). The rest is under contract for many years to go.
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2024-02-28 21:25 | Report Abuse
Hi, may I know how much of the Kraken contributes to group revenue? Assuming worse case scenario after 2025 no new contract, and it drop to 30% of current revenue, how much damage it will cost the group.
Also, it seems that Armada will have 7 FPSO/FSU combined, we can only assume that this type of impairment might happen in the future to the other 6 (since Kraken impairment had happened in this quarter)
Stock: [ARMADA]: BUMI ARMADA BERHAD
2024-02-28 21:39 | Report Abuse
@nikicheong Thank you for the insight!