These bunch of IB liars still can't beat RJ87...RJ87's TP 72sen intact. =P

Bumi Armada - Sailing Off FY19 a Knot Higher
Source : HLG, Price Call : BUY, Price Target : 0.60
Last Price : 0.305, Upside/Downside : +0.295(96.72%)

Bumi Armada Berhad - Earnings Supported by Armada Kraken
Source : MIDF, Price Call : BUY, Price Target : 0.56
Last Price : 0.305, Upside/Downside : +0.255(83.61%)

Bumi Armada Berhad - Impairment on Woodside Claims
Source : PUBLIC BANK, Price Call : TRADING BUY, Price Target : 0.53
Last Price : 0.305, Upside/Downside : +0.225(73.77%)

Bumi Armada - Supported by Improved Kraken Operations
Source : AmInvest, Price Call : BUY, Price Target : 0.54
Last Price : 0.305, Upside/Downside : +0.235(77.05%)

Bumi Armada Bhd - Steady Kraken’s Uptime to Drive Profits
Source : KENANGA, Price Call : BUY, Price Target : 0.42
Last Price : 0.305, Upside/Downside : +0.115(37.70%)

Afteralll, these clowns is just gonna go on and on that i'm a conmen. Might as well, join the IB's and be the bigger conmen.

Here's my take...

Armada Kraken coupled with interest cost savings of c.RM20m/quarter arising from the disposal of Armada Perdana~ Public Bank. (I didn't see that reduced in finance cost. ~Public Bank is a liar)

Armada registered 4Q19 core earnings of RM52.7m (-42% QoQ, +7.3% YoY), lifting FY19 net profit to RM281.2m (+23.3% YoY). This came within expectations due to improved contributions from its FPO segment offset by weaker OMS and JV contributions, making up 102%/100% of ours/consensus full-year forecasts. We keep our earnings estimates as the results were largely inline. Maintain BUY and SOP-driven TP of RM0.60/share. ~ Hong Leong. (Know how to count or not Hong Leong!!! It's 45.2mil only. Don't try to deceive the public.)

BAB’s 4QFY19 normalised earnings grew +23.8%yoy to RM42.5m. Bumi Armada Berhad’s (BAB) 4QFY19 reported earnings came in at -RM235.2m. However, its normalized earnings (excluding one-off impairment on its OMS vessels of RM43.7m and impairment loss arising from legal actions against Woodside Energy of RM234.0m) came in at RM42.5m. This brought its FY19 cumulative earnings to RM254.5m which was within our but below consensus’ full-year earnings estimates at 93.6% and 90.2% respectively. Comparing against 4QFY18, revenue was lower by -10.5%yoy whilst earnings grew by +23.8%yoy respectively. Meanwhile on a quarterly sequential basis, revenue declined marginally by -2.3%qoq whilst earnings dipped by -40.6%qoq respectively. This was primarily attributable to: (i) adjustment made on charter hire revenue of Armada Kraken FPSO; (ii) lower vessel utilization rates at 54% in 4QFY19 vs 58% in 3QFY19 as well as; (iii) lower share of results from joint ventures. ~MIDF (Dunno how to count ar? 150mil to -250mil, what reduced 40% qoq? it's 266% drop. Don't try to con the public)

Here's my take. TP72sen. I try to con u to buy at 30sen so that I can sell at 30sen. my average price 28sen, can make 2 also good. U monkey are very clever. =D

Real con men are those sold at 55sen and keep telling to u sell (from different account). And still asking u to sell at 30sen. Sell to who? Who was the one fight with me? I try to sapu 31sen, 27sen, and 24sen. U guys should let it slide all the way down to 20sen. U bought 40sen, u sell 20sen to realize 50% loss, u stupid or what? Who so stupid go queue 30sen-34sen yesterday if u know it's gonna slide until 20sen? I'm gonna keep punting 20sen.

after all, I learned my lesson. Even if I say why this is a rare opportunity also none of u will believe. Might as well say it's worth 20sen and hope it does drop to collect myself. I regret didn't buy more below 30sen the last round. I'm not gonna miss this round. Oh, i'm lying too..i'm trying to sell. Monkeys! i'm a BIG CON MAN. Don't bother to reply k.

=D

Dieeeee....armada full of surprises...

Sighhhhh....

Remember...get yourself educated. Know what and why you buy!
Don't buy rubbish like ARBB even if it's PE0.1. No PROFIT in cash is as good no profit.
A company with market cap RM80mil to deliver RM1Bil worth of MoU. You try to cheat who?

Here's the comparison between Armada and Yinson. REAL BUSINESS.

Orderbook: Armada(20.5+10Bil), Yinson (est RM40bil)
Price to book value : Armada (0.4/0.59 = 0.68X), Yinson (7.11/1.58=4.5X)
PE : Armada(0.4/0.06 = 6.67X), Yinson (7.11/0.2216 = 32X)
Current Ratio: Armada (2.24/3.47 = 0.65X, Yinson (2.27/1.25 = 1.86X)
Total Ratio: Armada(15.76/11.5 = 1.37X), Yinson (9.5/5.58 = 1.7X)

OMS
2017, Annual Revenue RM969mil, Annual Gross Profit RM403mil (Gross Margin 40%).
2018, Annual Revenue RM724mil, Annual Gross Profit RM197mil (Gross Margin 27%).
Q3,19, Annual Revenue RM232mil, Annual Gross Profit RM72mil (Gross Margin 31%) after selling few OSV fleet.

FPO
2017, Annual Revenue RM1.43Bil, Annual Gross Profit RM748mil (Gross Margin 52%)
2018, Annual Revenue RM1.7Bil, Annual Gross Profit RM810mil (Gross Margin 47%).
Q3,2019, Annual Revenue RM 1.33Bil, Annual Gross Profit RM758mil (Gross Margin 57%).

After Short Term Debt conversion to Long Term Debts
Orderbook: Armada(20.5+10Bil), Yinson (est RM40bil)
PE : Armada(0.4/0.06 = 6.67X), Yinson (7.11/0.2216 = 32X)
Price to book value : Armada (0.4/0.59 = 0.68X), Yinson (7.11/1.58=4.5X)
Current Ratio: Armada (2.24/2 = 1.12X, Yinson (2.27/1.25 = 1.86X)
Total Ratio: Armada(17.76/11.5 = 1.56X), Yinson (9.5/5.58 = 1.7X)

I stepped shit in ARBB.

this kong kams are either one of these 3, Elaine Tan, THEREALDEAL, kenny chua

from
https://klse.i3investor.com/servlets/stk/7181.jsp

Woodside kena sue for USD275mil because the conveniently terminate contract with Armada.

U know how to read one or not? But Armada gets paid for the conversion work and keep the ship.
The problem is there is operational cost comes together from keeping the ship.

If redeployed or sold, additional income or reduced operational expenses. Only good news, no bad news.

I wrote this...they beh song..what to do?

ARBB is not IR4.0.
IR4.0 is awesome.
ARBB IS NOT. Very likely a SCAM job.

Do your careful research on ARBB. Out of 35mil 2019 profit, 40+mil from increased trade receivables. Operationally, ARBB is ACTUALLY operationally deficit by 4-5mil.

When these trade receivables are written off, then the "profits" will vaporize.

From a timber/wood manufacturer; suddenly 360 change into IR4.0 company. Issue 1.4bil ICPS at 0.01sen. 20sen to convert into a share. After converting, still get free 5-6sen per share by selling open market. Why go buy premium at 27-28sen. The fair value should be 21sen. Why wanna benefit them by buying high? Currently, converted about 200mil shares, got 1.2billion shares yet to be converted. Own subsidiary ARBIOT that report 35mil earnings by increasing trade receivables by 40mil to support 1.2Bil shares diluting EPS. Currently at PE 2, what a way to set value trap. You can read from Q4,18 quarters until last quarter reports. You will agree with me.

1.4Bil ARBB-PA shares was issued at 0.01sen, Subscription at 0.005sen. Cost to ICPS owners is 0.015. Cost to convert is 20sen. If you buy at 25.5sen. 4sen got to ICPS pocket, likely Owner of ARBB. 20sen go to the company as equity which controlled by owner of ARBB. In total, u give 4sen directly to the owners pocket and another 20sen for him to control as equity. Total conversion of 1.4Bil shares will raise about RM300mil for a "software" company. If that makes sense to you, then buy lo.


Cancel MoU, total worth ~ USD220mil GONE
a) ARBD and East Insurance had mutually agreed to terminate the MOU as East Insurance undertook an internal restructuring exercise. ~USD20 million GONE

b) Group announced that ARBD and HKYT Life Insurance had mutually agreed to terminate the MOU ~USD100mil GONE

c) Group announced that ARBIOT and CCTG had mutually agreed to terminate the MOU due to
both parties have been unable to agree and finalise the terms of the potential collaboration. ~USD100mil GONE

Let see if these trade receivables turns into cash or vaporize.
Stay safe. Don't be victim of scam.

it's woodside, not woodwater...why so stupid one?

Who is the one hiding. RJ use one account.
Sohai use freaking 10 accounts.

This sohai is one of these 3 fella from
Elaine Tan, THEREALDEAL, kenny chua

https://klse.i3investor.com/servlets/stk/7181.jsp

I exposed the scam. They beh song come here kaw beh kaw bu.
*shakehead

I can't see the future. But, I can roughly identify scam counter like ARBB.

What I can confirm is you are one useless low life hiding behind keyboard with multiple fake accounts. That's CONFIRM.

Stupid, use one account to talk ur rubbish enough la...it makes no difference if it's 1 account or 10 accounts if there is only 1 sohai. But it saves u the trouble creating new accounts. =D

Operators don't operate this way...they are smarter...

They create a monkey shoulder on the chart to offload their shares in a panic buy. or some funny hats to create panic sell to buy.

And operators operates on small cap company or those within his reach. KYY operates on 400mil to 800mil market cap counter. Those within his ability to support the price and create buy in momentum.

Remember

ARBB is not IR4.0.
IR4.0 is awesome.
ARBB IS NOT. Very likely a SCAM job.

Do your careful research on ARBB. Out of 35mil 2019 profit, 40+mil from increased trade receivables. Operationally, ARBB is ACTUALLY operationally deficit by 4-5mil.

When these trade receivables are written off, then the "profits" will vaporize.

From a timber/wood manufacturer; suddenly 360 change into IR4.0 company. Issue 1.4bil ICPS at 0.01sen. 20sen to convert into a share. After converting, still get free 5-6sen per share by selling open market. Why go buy premium at 27-28sen. The fair value should be 21sen. Why wanna benefit them by buying high? Currently, converted about 200mil shares, got 1.2billion shares yet to be converted. Own subsidiary ARBIOT that report 35mil earnings by increasing trade receivables by 40mil to support 1.2Bil shares diluting EPS. Currently at PE 2, what a way to set value trap. You can read from Q4,18 quarters until last quarter reports. You will agree with me.

1.4Bil ARBB-PA shares was issued at 0.01sen, Subscription at 0.005sen. Cost to ICPS owners is 0.015. Cost to convert is 20sen. If you buy at 25.5sen. 4sen got to ICPS pocket, likely Owner of ARBB. 20sen go to the company as equity which controlled by owner of ARBB. In total, u give 4sen directly to the owners pocket and another 20sen for him to control as equity. Total conversion of 1.4Bil shares will raise about RM300mil for a "software" company. If that makes sense to you, then buy lo.


Cancel MoU, total worth ~ USD220mil GONE
a) ARBD and East Insurance had mutually agreed to terminate the MOU as East Insurance undertook an internal restructuring exercise. ~USD20 million GONE

b) Group announced that ARBD and HKYT Life Insurance had mutually agreed to terminate the MOU ~USD100mil GONE

c) Group announced that ARBIOT and CCTG had mutually agreed to terminate the MOU due to
both parties have been unable to agree and finalise the terms of the potential collaboration. ~USD100mil GONE

Let see if these trade receivables turns into cash or vaporize.
Stay safe. Don't be victim of scam.

I talk, I educate and I train for a living.
I think I will never retire. Too much energy.

That day ruptured my ACL, MC for 90 days.
Back to work on the 14th day. Cannot stand boredom of not doing anything...

I always discouraged people to short. The reason is, u can hold long position as long as you want as long business fundamentals are intact. Sentiments will pass. News will past. Good business will thrive.

The same can't be said to short seller shorting based on sentiments. When sentiments pass, they will to pay through their nose and bleed to death.

https://www.youtube.com/results?search_query=tesla+short+seller
they are dying an ugly death.

wsy5023, agreed.

If u r playing a game and to do well; there are 2 things you need to do.
1) Know the rules of the game.
2) Know the players. They are (Retail Investor, Institutional investors, traders/shorties, and business owner themselves)

But what would serve the general public as retail investor the best is to learn to identify what makes a good business and invest based on data and facts. Not emotion or sentiment.

It can drop if IDSS daring enough to short low hoping to create selldown momentum.

But they will die an ugly death if sudden surge of buying interest.

That one I say dai sei.

Only bad and evil people wishes honest business don’t do well so they can short with no capital cost.

Another type of bad people are those that try to hide a scam business.

I don’t fall into any of these category.

I3 and bullrun are shorties...

Exposing evil intention of shorties is indeed stealing opportunity of bad evil shorties conning the public...I’m good at exposing bad evil people and their intention...

U can choose to be conned by buying high from these shorties and sell low to them....or use ur advantage, set sell queue, force them to short sell low and force them to buy high in the end of the day....rmb Intraday short seller have to buy back at the end of the day.

U can force them to buy high by refusing to sell low.

I3lurker took shorting position...if selling pressure is strong, he will take advantage..

Today’s game plan is to put sell queue at all the way from 38-42sen. If he wanna short, he has to short low. If today close back 37.5 sen, he lose money. See how he gonna puke guiness back out to pay the bills.

Don’t forget to cancel ur sell queue when there is suddenly surge of buying pressure.

havent buy one can stay on the side...

even if good QR, the panic buying won't be as great....better wait how the next 5-8 months unfolds.

Hibiscus good QR also selldown...

Dunno if operators in Armada will support or push the price like Wahseong even reported bad quarter.

Total market sell down since Jan about +/-90 bil. Must be alot margin call and stuff....

Only scumbags are punter from here...

https://klse.i3investor.com/servlets/stk/7181.jsp

Suddenly only left with one fake account. If you are on a train, better pay attention to ur belongings than writing rubbish here. I don't want anything bad to happen to you.

Cos i will laugh very hard if u were pick pocketed or trip urself on the way out.
I don't wanna do that.

============================================
rj87conman beware conman rj87, mikekim ,superpanda, when you see this name, just beware!
26/02/2020 7:09 PM

Find ur reason to buy and not to buy. Weight it out.

I will say stay at the side and KIV. Macroeconomics not appearing good. Even good QR also, won't have much activity. Market abit skeptical at the moment. Buy what also difficult.

But definitely don't by ARBB. It's a SCAM. The monkey not happy that I pointed out why it's a scam. U can go over to read.

https://klse.i3investor.com/servlets/stk/7181.jsp

Here are my reasons

FPO/OMS is better investment bcos 1) The customers are international. 2) Clear revenue visibility from orderbook. 3) Charter rate does not directly affected by oil price.

Remember...get yourself educated. Know what and why you buy!
Don't buy rubbish like ARBB even if it's PE0.1. No PROFIT in cash is as good no profit.
A company with market cap RM80mil to deliver RM1Bil worth of MoU. You try to cheat who?

Here's the comparison between Armada and Yinson.

Orderbook: Armada(20.5+10Bil), Yinson (est RM40bil)
Price to book value : Armada (0.4/0.59 = 0.68X), Yinson (7.11/1.58=4.5X)
PE : Armada(0.4/0.06 = 6.67X), Yinson (7.11/0.2216 = 32X)
Current Ratio: Armada (2.24/3.47 = 0.65X, Yinson (2.27/1.25 = 1.86X)
Total Ratio: Armada(15.76/11.5 = 1.37X), Yinson (9.5/5.58 = 1.7X)

OMS
2017, Annual Revenue RM969mil, Annual Gross Profit RM403mil (Gross Margin 40%).
2018, Annual Revenue RM724mil, Annual Gross Profit RM197mil (Gross Margin 27%).
Q3,19, Annual Revenue RM232mil, Annual Gross Profit RM72mil (Gross Margin 31%) after selling few OSV fleet.

FPO
2017, Annual Revenue RM1.43Bil, Annual Gross Profit RM748mil (Gross Margin 52%)
2018, Annual Revenue RM1.7Bil, Annual Gross Profit RM810mil (Gross Margin 47%).
Q3,2019, Annual Revenue RM 1.33Bil, Annual Gross Profit RM758mil (Gross Margin 57%).

After Short Term Debt conversion to Long Term Debts
Orderbook: Armada(20.5+10Bil), Yinson (est RM40bil)
PE : Armada(0.4/0.06 = 6.67X), Yinson (7.11/0.2216 = 32X)
Price to book value : Armada (0.4/0.59 = 0.68X), Yinson (7.11/1.58=4.5X)
Current Ratio: Armada (2.24/2 = 1.12X, Yinson (2.27/1.25 = 1.86X)
Total Ratio: Armada(17.76/11.5 = 1.56X), Yinson (9.5/5.58 = 1.7X)

==================================

AlvinTSK Can buy in now ?? Need advise...
26/02/2020 7:02 PM

How would I know why you eat shit tonite?

Ask yourself why la. =D

Ask urself la you stupid piece of shit. =D
Come ask me for what?

rj87conman beware why conman rj87? are you nuts , where are those fake accounts that you copy and paste?
26/02/2020 7:03 PM

Where are all the fake account? Oh, no tab to use anymore.

Too bad...hv to wait u get home first right?
Wait, I don't think you have a computer at home u sorry @ss.

And now...this stupid idiot has left office. Can only reply from his phone.

Can only play with one account lo.

So free go create so many account to be called FAKE...and then type rubbish to have them deleted...

FAKE

8877rjrj
Summary
Total comments 1
Past 30 days 1
Past 7 days 1
Today 1

Are u gonna at least admit that there is only ONE stupid idiot that's farting none stop behind the keyboard and not shy about it. =D

There are exact same copy and paste. If you aren't blind or dumb; you should apologise for accusing me to have accused people as FAKE. They are Evidently fake account.

The thief, are only IDSS/short seller.
=============================

i3lurker rj87

share prices goes up and down
thats ok
no one blames you

I actually, for one, do not blame you at all.

problem with you is that you make wild accusations against others

it is actually your wild accusations that betray your dishonesty
it is the way you accuse people that make yourself sound like a thief.

I apologise
you may not be a thief

I am just saying that it's the way you accuse people, make you, rj87 sound like a thief.

You are a short seller...How honest can you be?

Beside...see these childish behaviour.
Am I not wrong to call them FAKE? or u r too stupid to see that?

Different ID. Same copy paste. *shakehead.

========================================


i3lurker there are actually a lot of people reading these posts
these people just read, do not comment.

it reached a stage whereby these silent majority beh tahan
so they log in to comment
end result just 1 post.

dun please simply accuse people of this or that

if you are a thief, please remember that not everyone is a thief

NOT everyone is as dishonest as you

This is probably pitiful office workers....

Can only be so active after 5pm. Morning have to wake up at 6.30am.
Boss will burn their @ss if spends time here creating fake account and writing rubbish.

fartardrj87
Summary
Total comments 1
Past 30 days 1
Past 7 days 1
Today 1

FAKE

donkeyrj87
Summary
Total comments 1
Past 30 days 1
Past 7 days 1
Today 1

Not obvious enough i3lurker? It's just u not happy with me keep calling ur bluff blowing ur cover la. =P

FAKE

tengsam
Summary
Total comments 1
Past 30 days 1
Past 7 days 1
Today 1

FAKE

sapuyourmother
Summary
Total comments 1
Past 30 days 1
Past 7 days 1
Today 1

FAKE

assmin
assmin
Summary
Total comments 1
Past 30 days 1
Past 7 days 1
Today 1
User Comments

i3lurker, u commented with ur actual account right? Why cannot show me ur actual account?
Why come over and make fake account?

U also quite shameless. U use this account to short...
And use another account for those you buy and hold...

They are not from ARBB. That side pretend quiet. Hahahaha

https://klse.i3investor.com/servlets/stk/7181.jsp

Same monkey with new account...

rangegoodwill
Summary
Total comments 1
Past 30 days 1
Past 7 days 1
Today 1

How u identify it's a monkey...check their post count...Click the name and comment section, you will see something like this.

It's all same...

Summary
Total comments 1
Past 30 days 1
Past 7 days 1
Today 1

Compare with the other real users or me....

RJ87
Summary
Total comments 3093
Past 30 days 451
Past 7 days 177
Today 49

3100 post counts. To match with me; if u have 5 fakes account, u have to create 15000 posts.
U type until ur finger senget. =D

quartz128
quartz128
Summary
Total comments 1
Past 30 days 1
Past 7 days 1
Today 1

wendytiew
wendytiew
Summary
Total comments 1
Past 30 days 1
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Today 1

quartz128
quartz128
Summary
Total comments 1
Past 30 days 1
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Today 1
User Comments

Let recap...

ARBB is not IR4.0.
IR4.0 is awesome.
ARBB IS NOT. Very likely a SCAM job.

Do your careful research on ARBB. Out of 35mil 2019 profit, 40+mil from increased trade receivables. Operationally, ARBB is ACTUALLY operationally deficit by 4-5mil.

When these trade receivables are written off, then the "profits" will vaporize.

From a timber/wood manufacturer; suddenly 360 change into IR4.0 company. Issue 1.4bil ICPS at 0.01sen. 20sen to convert into a share. After converting, still get free 5-6sen per share by selling open market. Why go buy premium at 27-28sen. The fair value should be 21sen. Why wanna benefit them by buying high? Currently, converted about 200mil shares, got 1.2billion shares yet to be converted. Own subsidiary ARBIOT that report 35mil earnings by increasing trade receivables by 40mil to support 1.2Bil shares diluting EPS. Currently at PE 2, what a way to set value trap. You can read from Q4,18 quarters until last quarter reports. You will agree with me.

1.4Bil ARBB-PA shares was issued at 0.01sen, Subscription at 0.005sen. Cost to ICPS owners is 0.015. Cost to convert is 20sen. If you buy at 25.5sen. 4sen got to ICPS pocket, likely Owner of ARBB. 20sen go to the company as equity which controlled by owner of ARBB. In total, u give 4sen directly to the owners pocket and another 20sen for him to control as equity. Total conversion of 1.4Bil shares will raise about RM300mil for a "software" company. If that makes to you, then buy lo.


Cancel MoU, total worth ~ USD220mil GONE
a) ARBD and East Insurance had mutually agreed to terminate the MOU as East Insurance undertook an internal restructuring exercise. ~USD20 million GONE

b) Group announced that ARBD and HKYT Life Insurance had mutually agreed to terminate the MOU ~USD100mil GONE

c) Group announced that ARBIOT and CCTG had mutually agreed to terminate the MOU due to
both parties have been unable to agree and finalise the terms of the potential collaboration. ~USD100mil GONE

Let see if these trade receivables turns into cash or vaporize.
Stay safe. Don't be victim of scam.

You confirm I wrote that answer that? If you not confirm, why you said I wrote that answer in the first place?

ahahahhahaha

mike and panda. No fact talks here. Can join for clown talk also good.

maybe not 25% of Yinson la. 10% of RM7 at RM0.7. Hoseh or not?

25% of Yinson. at RM1.75. Hoseh or not?

maybe not 10% of Yinson la. 10% of RM7 at RM0.7. Hoseh or not?