You mean Armada want only 1.4 billion?

If 25, I subscribe...clear ST debts, clear skies ahead

If RI is 35, then hover around 40 lah. 2.5 cent difference only

If drop to 40, opportunity. Sure got rebound. 13 is a lucky number

Ask spygame007 to buy more and support this share. Potentially 1.04 again

kk1kk1 thinks it will be 75 cents in February

looks like afternoon show. lrt3 orders....?

inexperienced running a country. let change to black shoes....

better you idss then....

what a waste of rakyats money

cant figure how EPF can make money on counters like this....high don't sell, low sell...somemore cannot get out...440 mil

for 10 days average volume above 10 million, let see if it dissipates....

worse condition today but sell volume less 2.3 mil vs 3 mil within 1st hour

easy to say after it happens...you can also do idss everyday

NO. EPF money is rakyat money

Maybe EPF is afraid of fail debt restructuring....

wait until end of October for news of debt restructuring..

10 years historical low....retailers wont sell...sellers would have to come from pension funds

If no RI, its undervalued at this level.....

Operator will collect at this level.....

epf also not stupid....

rebound coming...oversold

Bumi Armada does not need rights issue for project financing | The Edge Markets
www.theedgemarkets.com › article › bu...

There reiterate it via fund managers conference again.
The last RI was 2014 at 1.35

If they go for RI, they would raise 2.03 billion, that's settle the short term debt and preserve cash of 1.5 billion which actually bring about a better balance sheet. So in a way its good too....

obviously, they have 440 mil to dump....

if the RI is 35, probably hover around 40

no point cutting loss...its on the border of being oversold....
anyway if the RI is 35, there not much point

not easy to get an IB to underwrite the RI though....

looks like EPF dump again

basing on the volume some other pension fund are selling, just that their shareholdings are below 5%.
Its a party of 4

Another point is EPF should be investing, why are they transacting? PH should look into this

But EPF is trapped...they cant sell out 440 mil shares...LOL

nobody will touch a RI to clear debts

Danger point is if there is a RI, price could possibly gap down...again. Killer stroak

Actually, its the same situation with gadang, mitra. EPF bought those counters down

3 mil volume in 1st hour...so far EPF declare 7 plus million disposal bringing price down from 60 to 45.
So are they selling to 35? your guess is as good as mine

no. Armada can issue a statement if currently no RI exercise is in place....which is the truth

hard to say. Its an easy way out.
hard to explain the pension funds selling at a loss.....

the sell volume at all time histrorical low is still high

unless Armada released a statement denying the RI, it would be a continuous overhang

Its the potential RI that's hampering the price....circa 9 mil sell volume for half a day

he cant disclosed sensitive news just like that.....

Jonathan cant tell you whats in the works. Only what exist currently.

Let hope for the best

Armada could take the easy way out. interest free capital injection......

just to set the record straight, I check the records superbull 11 is above water. So that's a possibility. I got the dates mixed up.
Take into account the unusual selling volume and EPF disposing. But it has not materialized yet. So be aware. Just as a caution.

Anyway the price is near the potential RI price.

Yes. If they are at 10% stage, they would have been launched. They should show the initial sales revenue.
Good point

selling volume close to 16mil today...……..

superbull 11, can copy your warning then and show us?

Ever thought the property market is in a slowdown? Estimate profits if the whole project get sold. Very common now project is completely without fully sold. Very optimistic outlook. They might stop after phase 1.
Beside, how come the private placement is at 1.02 only?

exactly thought kraken acceptance was weeks ago...LOL

Purposely goring to control public perception