my advise would be not to be so excited in the morning trade, let it find its way for today till rest of week what will be the direction

but for shorties, their game just restarted

epf was holding 5.45% before qtr out and latest is 5.6%, i cant see epf real intention, dispose or accumulate, my view is neutral on them

but having the price rose >100% after qtr out and good news, id never expect it went this high..

for me price between 30~40c is fair value considering the party doing pumping ave should hold this range of average

id would rather wait till end of the week to add or to sell some

sometimes we cannot be too greedy...

im the one that having that 21.5 ave

its up from 21.5 till 50c never stop, if your ave at .21, at 40c still earn almost 100%

rally too long already, time to do correction

wow.. panic sell

today is the anniversary price .50, the day i started buying armada, i didnt cut loss when it down bcoz i believe its recovery but its impairment and debt was so bad cause fund to let it go and i suffered 5 figure paper loss

its was very painful when it down to .145, but thanks it paid off now

lot of people now jealous with armada same when when dayang went up

moral of the story, dont jealous at others and have trust in yourself of what youre buying (but must do research why you need to buy them)

of course if you buy at high, must always set your cl

keep till end dec

collecting and accumulate WB at .375... gbgaqrs is one of the party that high chance to secure ecrl package

to superbull11 and pearlwhite... do we need to report police for missing people?

and johnchew, ckca too.. with note.. from armada with love : )

if anyone see 3iii, pls send my regards to him

i’d been screwed at armada when it down to .14, but now those naysayer gone missing while im laughing looking at my profit

wait next qtr, profit will be 40-50m, then only can rebound.. while that, time to accumulate

3 years ago 2016 if entered is unlucky bcoz o&g still downtrend with decrease revenue and increase debt

- 2018 o&g just start recover with increase in work order but revenue still low with impaired on assets
- 2019 only start to reflect profit for services, maintenance
- 2020 those still red will back to profit if have accumulate work order enough..

a bit more can buy small car already cash

profit become big and bigger..

this type of stock you just need to buy and hold it.. current TA no momentum as many dont see of its turnaround point compare to armada (eventhough armada gearing is far higher)

based on work order and company asset exercise (disposal and upgrade), Q1FY20 confirm will turn to profit while Q3 and Q4 will continue loss as informed

but with the increase in revenue for next 2 qtrs, it might surprise us with profit, we never know

its a very low risk to accumulate at this price but higher risk to buy later (when TA buy call).... imagine one good news out, for 9c stock, it so easy to up 30% in a day trade

just let the profit continue to grow..

im accumulating every time it touch lowest bocz i believe next qtr will be better profit and oil will stay around 60 which enough for driller to make money

this stock downtrend due to :

- profit drop prev qtr (tax expense)
- oil drop to below 60usd

but at the same time you see others service provider o&g continue rally up which is against the oil price movement

in this case, if you want to enter, which stock you think will be the safest?

always asking myself, if next 2 qtrs profit >80m, what will be armada price then

the rally havent stop since 21c, wondering how high it will go up till next quarter

its hard to see others counter up while the counter we hold dont

what people didnt know that when armada up from 0.14 to 0.44 today, those ride the uptrend some been waiting for a year (if bought frm .50)

never expect rebound so fast broken .40

huat ar!

buying alam now is just like buying hibiscus and carimin 1 year ago when the price are .40 & .30

maybe superbull11 has changed name to johnchew or ckca..lol

from 5 figure loss to 5 figure profit.. if you find superbull11 and pearlwhite, pls send my regards to them

FY19 will see 30% of .99b work orders to be realized, thats equal almost 300m rev, Q1 + Q2 both 94m

so bal will be another 206m for next Q3 and Q4.

lets discount 30% to that, so will see 140m rev can divide to 70m each qtr

with another few vessels to be disposed this fiscal year, will see some extra money to the cash flow

coming 2 qtrs abt 6 mths time, will be very worth to wait if can return >50%.. with condition your ave below .10... min TP @ 0.15

if you want 22c here, quite impossible but if you want 0.09c can buy alam maritim : )

buy and accumulate when it low, like armada when below 20c and alam maritim now at 0.09

enjoy the ride, if next year how much, 70c?

la la la la

promoted counter can play if enter early, i dare to stay counter like dayang can go as far as rm3 as projected bcoz supported by promoters even though its gearing still very high and going to RI soon

but thats how market works, big fund playground, bring low price higher when reason surface and will be the one to leave first when all the ikan go inside

Good morning all armada holders whom siting on profit, for those still in paper loss hope you can recover back soonest

Imagine another 2 consecutive qtr coming with another >80m profit, what wud be armada price then?

alam time will come, just accumulate and hold, 1st profit will boost the price >.15, then 2nd consecutive profit will easily make it .20

this is my next year 1H gem

in volatile market trap is everywhere, to play safe dont buy at 52w high unless price ma200 and support not broken when market downtrend or selling pressure

Q1 will be lower yoy as prev year have goodwill, but for sure will be higher than prev qtr

even next qtr only 30m, pe will still below 10, in coming qtr we might see div coming

based on current price its cheaper and better than dayang, penergy and uzma in term of stock price, cashflow and free debt

collect again .09, new ave .091

end year always weak and sell down esp near to nov and dec, same pattern last year, you only can see strenght in market from feb next year

along the way may have surprise news due to global uncertainties

saudi will not let price drop too low as they need to release aramco ipo

whom will subscribe if oil continue drop

the only prob is if you out of capital and cant buy more at lower

armada was in high debt when i entered at .50 drop till .14 paper loss 5 figure then ave down and after one year earn back

if a high debt can rebound, i believe for free debt stock will not a problem

it will rally back once market cool off and oil price rebound, have to wait and accumulate at low

btw sorry to those ave at high but i do believe this debt free company has nothing to worry abt.. its just a matter of game play due to oil price and its profit down..

whatever go down will come up for sure

oil continue drop, price will move down.. bad news for player but opportunity to buy lower.. will take opportunity to buy at bottom and hold

son is at 52w low now, my new ave at .30 after collect .27 and .265 today, and will collect more if touch new low .25

next qtr will be more than 80m and for 3rd consecutive qtr with profit, you can hope it will hit .40

i can be wrong but so far after a year here, i managed to turnaround my position here

wish others all the best

we should not sell stock when it on the path of growth or recovering, unless we play for short trade and look for opportunity in weak market

looking at the ma, if it continue to sustain esp when others are down, that should be the reason to hold

but the worst of the market yet to come (im predicting dji will hit 24k point end year), it will test the support in weeks coming... if this happen, its time to accumulate at weakness or buy back for those have sold

oil and market continue drop towards end year (expected similar pattern as prev year)

nothing much you can expect during the period but in dec result will out, that might be lead to another signal on its revenue and pl

dont think it will turn to profit but revenue should be consistent or slightly higher due to increase in o&g activities as petronas activity outlook