Anyway, I don't hold very big position here. Hopeful, but reserved.

Like u said, it's not announced yet. But the moment they do, you know what to do la.
Anyway, it's Nov. We will find out soon enough with next QR. No need argue.

60 sen momentarily, MAYBE. But that counter I will stay away like I stay away from MYEG, DSONIC and GKENT. Got balls needed to buy them. Not brain. Pray for what? Zahid didn't get money from them? Why do u think Pres price plunged? Just waiting for MACC to drag somebody into court. That company generates revenue not by merit but crony. Well, not much can be said about punters trading that counter.

Damm...talking to a parrot make me look stupid. not gonna do that anymore.

Huatexpert,Yeah lo. Havent annouce mar. Announce liao gonna stay 40sen mer? Market is like Huatexpert. Behind the curve. Wait announcement only buy ar? Investors will look beyond the curve. I don't think I mind risking 25% here if compared to 50% gain after annoucement. Restructuring the debts is Armada is the number one priority. They will keep banging it until they make it. And that's the CFO for.

Woi! Cukup! Jgn naik lg.

Don't attract anymore stupid punters that creates selldown in slightest correction.
We need investors. Not monkeys. Buy liao don't look until 2021.

Just like how some people buy Penta in 2016 and dont look until 2018. *hint see the retained earnings. From zero retained earnings in 2016 to RM 100mil last quarters. It's alot of work and patience to make good pick.

Use ur brain if u have any and Come back with points.

Being a parrot repeating gibberish garbage only prove u r not only a parrot but a stupid one.

Which part of superbull statement shows that there is anything smart?

I can agree on Panda is pretty good...

I can agree on current situation can’t finance new project GIVEN they fail to convert Kraken STD to LTD.

I don’t think Superbull11 has any grey matter in between his eyes to differentiate RI to plug finance cost and RI to secure new project. One is bottomless pit and the other is investing in opportunity. Not all RI are bad.

Pang72, U got anything to say when RJ hold from 35 sent to 76sen? Ini ke-banggangan suatu spesis manusia. =D

Try scroll all the way back to Jan 2017, see how many rounds RJ make money. Ofcos, it's gonna be difficult for pang to swallow that. in fact, i shared few sheet of my fundamental study on VIS in google drive. It's still there. *shakehead.

Let's agree to disagree. I agree that I don't know when it will get to RM1. But if it's possible for VIS to get to RM 1? Totally agree. It's trading at PE10 now. If it trades at PE20, it's RM1. Mind u, all it's peers are trading above PE20.

what I disagree is punting TP65 all the way down to TP40. What's the blardy point if you TP left and right but you are not buying? Ini suatu ke-banggangan suatu spesis manusia lagi.

So Pang, u r very unique spesis. You possess both type of ke-banggangan. =D

P.S. Guys, please laugh quietly. Else, he will literally stalk all the comment in I3 and piss there. Lol.

The price won't drastically move until Q2,19. Because VIS Q1 don't do business one. Weird company. I guess the sales team hit sales target and don't want take anymore order between Nov-Jan. Every year the same period, inventory conversion is near zero. If u know how to count, u know i'm right. Now, YoY sales growth 25%-50% I wonder how much money the sales team get as bonus since ESOS so little.

In between, there will be up down side ways.

Edited: I had to correct some figure. I compared sales growth from 2018 with 2016 instead of 2017. My bad.

maintain TP40 got lan chiat use mer? Not that u gonna put ur chip in also.

U know in genting, the most tulan people are those standing beside screaming. 24 24 24...Yay! 24! When people ask. nei yeng gei duo? Nguo mou mai boh...those on the table goes...Chiuuuuuuuu!!! Hui sei la nei!!!

I wanna congratulate him also cannot. What to do?

I one year buy or sell 4 times. When prospect drastically change from my study on QR. If it fell below what I project it should be, I will average down. After all, this game is about predicting the companies prospect. And it's prospect will not change because of price movement or punting. Why would I be angry at anyone le? Like I said, I need punters to help me get the price I want. U see, pang puns 40 sen is good for me. Else, how do I get that price le? If indeed I overlooked something and my analysis is wrong, who else do I hv to blame but myself?

bro, month end is today u know? I think u meant end of Nov. I think it's will go above 50c by mid Nov anticipating "good" QR. A good question to ask if there is another impairment inbound and if STD has converted to LTD. If it does, it should back to 75sen level. If it doesn't, good opportunity to collect. Risk is alot lower if compared to now.

To address investorking question. It has to do with Annualised revenue/Annualised barrel transported. Now, Kraken has received it's final acceptance with full charter rate. Then u can estimate forward revenue income with factoring in barrels from Kraken. Next good points are operating income/operating interest expense and working capital. Especially working capital, it's abit tight now. If u are hardworking, please go back count how many barrel do Armada's 6 FPSO transported 2017 and add how much more from Kraken going to contribute.

Then extrapolate the Armada's 2019 Annualised revenue from projected annualised barrel transported. Then, check QoQ EBIT and Retained Earning if it's growing. Don't expect me to share the numbers. I don't do that for free. What's free is IF Annualised EPS grows to 6-8sen per share, FPE 13 gives 78 sen RM1.05. That's how research institution share the free review. The details, they keep it too themselves. How long to materialise this 6-8sen annualised earning is a good question. Now, I use annualised. Meaning KIV for at least a year or more. Next 2 QR Annouce eps 3, then i'm confident it goes above RM1.

The charter rate is FIXED regardless of crude price. But, the receivables conversion does depends on crude price. Client no profitable when oil price drop, how to pay armada for his service? Well, that's upto Armada to write off bad debts or blardy sue the client. I prefer the latter, that's the RIGHT THING TO DO. Else, u encourage ur other client to NOT PAY. But, some idiot use that to slander Armada saying not having good relation. Don't take jobs from stupid 3rd world country. People don't use Nigerian Scam just because they are racist.

In this business, taking job from First world country risk facing impairment. Taking job from 3rd world broke ass african country risk write off. So, Armada will have to swim in the middle.

Although I disagree, but using Superbulls11 logic, Superbulls11 abang must be a bodoh. That's why superbull11 is....(fill in the blank)....

I can explain how Armada is gonna make it's money and it's profitable

have u actually looked into Presbhd QR or financial statement. It is empty shell.

Their revenue depends on the "crony" from previous gov. So, presbhd plunge is parallel with Dsonic, Myeg and Gkent. The cronies are out of office.

Please do enlighten how presbhd gonna generate it's revenue?

Retrofitting armada claire doesn’t require much capex. Don’t u rmb anything?

Now, claim compensation from Woodside and convert STD to LTD. and armada should look pretty.

i hope superbull take his profit and laugh to bank...That company really hanky panky to make gov money. Not exactly a legit business.

Market sentiment affects the price. But not the business. What makes you think just bcos Pang come talk cock sing song, Vis is gonna lost RM1 for its revenue? But if Pang has contact to Vis clients or direct competitor to Vis. Then, he could be a threat. Unlikely, but give him benefit of doubt. And so, I'm declaring my stand on punt is pretty much useless and stupid, so, it won't be just Pang that I will call monkey and treat them as such. I will do that to anyone else.

I'm here to see if the company have the fundamental to grow the company. If you guys are here for punting, better take a break. The sentiment is bad. Pun any counter also die one Go holiday. Go holiday.

Else, join me talk cock sing song making fun of people.

Inb4, I think Pang is gonna say he knows President Xi and he is gonna tell China to stop buying from VIS because he is angry at RJ. *wink.

P.S. Please laugh quietly. Else, Pang will be piss off at you too and start pour shit on ur counter.

I wonder what's ur objective of writing here, Pang? My objective of making u an example is to encourage people to NOT TIME the market as statistically proven to be not very profitable or most cases gambling. If u gamble, you are very likely to lose. If u understand gambling well, you know the difference between the house and the player. The house has the cash to outlast the player. All the time.

What u do here is more like standing by the roulette table guess what's the next number without the chip on the bet. And screams 36, 24, 36 5 17 21. Jumps around like monkey if you are right without gaining anything. Can someone tells me what exactly is the point is monkey doing ar? =D

pang72 Don't know le
Recently very cun...70cents no buy...
65,cents no buy
60cent no buy
Now 50cents..No buy..
27/10/2018 12:36

Buy also never admit la. If got evident that you do, wouldn't that make u world class BODOH?
Factually, you are stupid. And yet you have proven yourself one.

pang72 Today break 40centd...Hit my TP...
29/10/2018 14:38

I dunno what kinda stupid is this. I guess people can read it themselves.

Market correction come talk cock sing song. Market bullish tat time nvr come say RJ very good. This is a typical monkey behaviour. No need further elaboration on that? Jokes!

Any news during this period is bad new.

Guys, go take holiday or smtg and come back Q2 next year. Checking in here everything 30 mins won't do you any good.

The revenue are at its all time high and that’s not a bluff. But market refuse to realize its value has nothing to do with Mgmt.

The QR is there. Prospectus is there. Even if they mgmt do PC on every penny they make wouldn’t make a difference if everyone associate OnG poor performer in market price with Sapura.

See Sapura...compare the salary and income statement...

lead by who? Mat Salleh at least do smtg and claim what they deserve. Some people do nothing and yet got the cheek to ask even more.

Anyway pang,if u so desperate wanna be “cun”. Why not say tmr 7am, sun will rise from the East. U will be right 365 times a year. And go wank urself as much as u like about it.

P.S. I’m just writing for public entertainment. Don’t take me too seriously. =D

Here’s my estimate. Something abit more useful. The revenue should be around 13-15 mil last quarter.

I will share details later. If sentiment is as bad. I guess nothing will happen.

Well, when the price goes up to 1.3, it will turn to big win.

That’s how i won in Dufu...entered at 1.3, drops to 1.0, bought even more. But monkeys come punting saying lao sai and shit. When it rocket all the way to 2.8. Monkeys no where to be found. I believe u were one of them. That’s why I can’t stop rubbing into u.

It’s equally pointless to based ur argument on hindsight. Even more pointless to for u to share ur “record” considering u amount lies u spew.

Nicholasming91, I had good times with VIS. I still remember the first time I buy in after QR in 2017. Last closed was 76sen, I keyed in 72sen, opened at 68sen and plunged to 65sen. It was a good QR. Subsequently, it shot up to RM1.25 or somewhere there within few months.

I make my investment based on Quarter Report. Not what pang says or DJIA performed. But what they can do for me, is creates panic selling for better buy in or better exit price for promoting. So, people that's both fear mongering and promoting has its role to play.

Besides, if u understands how market works. You should know that the opportunity lies at market's inefficiency in determining the true value. So, i'm not angry at anybody. They hv their role to play to keep things interesting.

Have a nice weekend everyone.

Now Pang is getting all railed up because people are more incline to listen to RJ than Pang.

Here's the reason. If wanna talk from hindsight; put a blardy parrot. It can pretty much do the same job. As for punting, it's just like how RJ has been asking pang, why 54 sen? why 54sen won't get stuck? And now, why 40sen and why 40sen won't get stucked? If you are willing to scroll all the way back, U will be stucked in every level that pang recommended. And if he actually does that he says, anyone with a blardy brain knows 200% is a lie. It's either the buy is the lie or the gain is the lie. Common sense would hv expose that.

It's not pang is stupid or what. Any traders that's aiming short term gain is gonna get burned in a correction or entering recession. Like I said, sentiment is bad. You buy at 30sen, u CL at 25sen. Just because you don't hv holding power. In this environment, you CL 50 times, u really pokai liao. You don't have much cash, even less shares on top of little opportunity to make a good bet. To make things worse, you go margin. Nobody can save you liao. I strongly recommends traders to take a break and go holiday.

Here's a few things you can learn from response in I3. Pain of being wrong is bad. So, bad that they will lie about XYZ% gain they made. Instead of being honest about it, they lie about it. I hope they realize how useless that is.

like I say, wait DJIA goes sideways and after Q1,19 shows sustainability only come back KLSE do some shopping. This is the effect of trade war materialising for the first time. Q4, is gonna be ugly. After Q1, 19, see which company adapts to the threat only buy.

Pang, if u make money. Better go holiday.
If u lose money, also go holiday. Double up ur bet is gonna make ur situation worse.

And this is directed to Pang and his alike.

Happy holiday everybody!

I don’t need people to come support the price la. That’s pathetic.

I more scared that the North Asia customers are bad paymaster. Then, really jiak sai liao...

U the one that say won’t stuck at 54sen. Not me also. I asked what makes u think u won’t get stuck at 54sen. Thank god u not stupid enough to buy on ur own stupidity. =D

RM1 is not impossible. Need EPS 6. By the time it hit EPS 10, it will join Penta liao. But when is another question. Time is not a luxury traders has unlike investor.

Genuine advise, u buy ANYTHING that pang say won’t get stuck during this period, u will. And very likely he lies about it. 300 counter in the red. If you buy accordingg to Pang yesterday, u r wrong 3/4 of it.

I still hold about 200k shares avg at 45sen I bought since Mac. Wait, It drop below 45sen and u can come rub it in. =D

But I sold the last 100lot I say I bought at 59 and 54sen. At a price when somebody said somebody make some handsome return. At 300k share in a single counter, exposure is too big dy for small fish like me.

A sincere advise, really stay out for now. Not even 50sen. U look at DJIA QR is bad man. Better wait another 2 QR and search for true value counter that survives current economy condition.

U come insult me. I go insult u. Won’t do us any good. Better we do research, and see what biz is still doing well fundamentally.

Don’t rush in quick bucks. U know, traders normally lose in this condition. Keep CL, CL, and CL. Better don’t trade la.

The pain of losing makes people irrational. That’s why people in Genting goes suicidal. When u lose, u double up ur bet. In current sentiment, there is no difference from gambling in genting.

Even me myself hv to make a point, don’t react irrationally. Just stay in bed and chill.
My expectation to vis is simple. EPS6 with PE 15. 90sen. I don’t know when it will come. But I’m willing to wait.

Q4 is gonna be pretty damm ugly. Hv to wait Q1, 2019 if anything gets better.

Again, don’t rush. It’s better to enter when sentiment gets better and QR comes out to be positive.

In this sentiment, even vis has a phenomenal QR, market will sceptically move up abit. Only then consider to join also not too late. Anything in between is temporary.

Market going into reversal. Dunno where is bottom yet.

Again, u can join pang at 50sen and CL at 0.45 by next Friday.

If market really go into full reversal, we looking at Dow Jones plunge to 16000pts. Buy anything now got a lot CL to do.

Anyway, I mean no harm. Just teasing Pang. I hope he doesn’t recklessly buy at 50sen

U mean “Join Pang at 54sen and CL 0.50”?

Only cun part is CL at 50sen is it? =D

No need next week...CL today...

How many stuck at 54sen...what? Pang didn’t buy at 54sen ar? Caught lying again.

*shakehead

lai lai lai punters, join pang stuck 54sen. and CL at 50 sen. Apparently, "support" has broken again next week. Market is going reversal. Buy anything now and u hv alot CL to do. Not just VIS.

Current situation with Iran sanctions and problem with Saudi. Not easy to push the price down.

Even if trump is unhappy, he needs time and money to restart his shale oil.

No he can’t. Just because he was lucky once, he thought he is god of 4D.

Maybe he is right. 50 years later when everything are powered by green technology. Armada will seriously need RI and they will be very deep in the red. Kraken probably decommission by then and mikekim would enjoying his millions after selling armada at RM3 in about 8 years from now.

And he will come back necromance he was right. Why not set a time just to prove how dumb/great he is.

Then u wont stuck at 54sen? =D

It will rebound when Armada restructures its debt and materialized Woodside claims.
Report good profit for consecutive 4 QR.

This counter really feels like they are holding back and depress the price to win BIG. Like real big.
Purposely hv poor investor relation to keep everyone in the dark while they collect.

i will only move after market has fully digest the budget and looking forward to next QR.

Until then, it's the institution squeeze weak holder for collection.

Don't take any project. Load up pocket first. Focus on collecting impairment from Woodside and re-deployment of Armada Claire. Those are low hanging fruit that will make the balance sheet look awesome.

Why? U wanna stuck at 54sen? =D

During a selldown, u should be asking who is selling and who is buying. U should be more worried if there are a lot of seller but no buyer. Not like this.

MengYew, if u r Institution, u pulling a selldown down move. Do u buy with ur primary account? U only push it up using primary to convince the public the worse is over. U wait 9 -12 months. Tide starts to change, then both institutin buying and FM buying now will laugh to the bank.

Then idiot like superbull, will either sing different tune or MIA. 9-12 months, I bet he will.

P.S. btw, if u want example of real paria not able to handle any intellectual discourse, look at how monkey superbull retort.

Who say epf sell at loss? They sell to buy more from idiots...

So, superbull is either stupid or working with them to collect more. I hope the latter.

Only time anybody says runnn or sell is because he wants to buy.

Who? No volume got la.

As it drops further, the risk gets less.

Jom! Lets go AGM. All our shares add up got how many %?

They Fking unhappy that they issue public circular to people to vote the CEO out. And the CEO used dirty trick to stay in his position. Is it the same as Armada.

The answer is obvious.

U r talking about futures. When interest goes up, commodities drop. Not just oil.

Armada was profitable when it was USD 40. Can u telll me how much is Brent crude now? Now fed increase interest could drop oil price below USD70.

Geezzz, some people here don’t seem to hv any memory of anything. Eh, u fella remember who is ur Daddy’s name ar?

Do you know what's upside rewards limited, downside risk is huge ka? Imagine u buy any of what u have suggest and shit like Armada happens to them, you have more to lose. Value emerges when shit hit the fan for a counter and the market oversold it below what's it's worth. I do not disagree Velesto and Sapura are shit. Don't equate a company that has positive core operating profit with those report 6 straight core operating loses despite oil price rebounded to USD80 per barrel.

Construction and property; I will look into them when Gov reduce deficit and GDP growth equals 2009 to 2010 from -5% to +10%. Property boom from 2010 - 2014. Now, GDP is heading south. Gov expenditure reduced. That's mean less money in circulation. Revenue gonna come from where? Your ass ar? If domestic goods price don't come down with SST, consumer counters will suffer too. Don't forget there is no more BRIM. Atleast last gov give BRIM twice a year. Consumer sector can report 2 good quarter. Now, how? Money gonna come from where? You ass ar?

Better eye those export company that still got margin with clear revenue visibility. That's the only way to sit through this shit storm.