And armada is seen to be continuoulsy profitable as reflected in prev qtr and coming qtr... thats why lender still agree to refinance the debt

When it comes to financial, you need to check the figure carefully and most important, can the business continue running and make profit?

If not, you should know what to do.. good luck.

Cannot compare armada with barakah bcoz when armada take impairments for few quarters, operational still profitable around 70m.

you need to have trust on o&g sector if to bet on it, the cycle is long, form bullish to super bearish takes 5 years, so from bearish to bullish may take few years too

along the way is a roller coaster ride, most important is it will reach destination

in other thinking, thats the signal to buy and accumulate more.. in few week coming will have rally and thats time to sell for short trade profit if dont plan to hold long

only prob is market still weak, dayang post decent profit also going down

70m profit is firm, dont worry.. might be more if no new impairment on claire or osv's

in order to survive, you need 1) experience, 2) inflow capital 3) patience...

experience will teach you to understand the market, making decision in trade either to become swing, short, mid or long term trade... and when to buy and sell

inflow capital means you are not lock up with monthly fix income basis, only trade within your limit and should have continuous flow of income to buy at cheap which available esp at a time of crisis

patience needed when sell down happen, it may take months and years before market can resume to its normal, at this time, you experience and inflow capital may help you to gain some profit on short trade due to market ups and downs

this is how stock market works.. small fish will always get fry first.. why? simple, small fish cannot move the price ups and downs... so will always become the victim when sell down happen

what ever below .40 is cheap buy and hold for long term

most rebar only sell to local market, thus very depending on local demand

this coming rpt and next coming rpt will be a loss due to weak property and infra project

thats how market works, a good can be bad and a bad can be good.. its a cycle

queue also at .215

the right time to buy steel is before ecrl and hsr announce and demand only can be seen increase next year

coming rpt will be a loss, next rpt also will be a loss.. asp and demand low, tnb tariff up, then megasteel need to run required more capital, no way can profitable

the only risk now oil price continue down, no sign of rebound soon, so sentiment very weak

queue for .215

will armada become PN17??

you need to understand that a PN17 cmpny will have -ve earnings due to opex is higher than income, which then lead to continuous losses like utusan, barakah.

while armada is operationally profitable.. only prob is it have high gearing due to big debt

it was an old comment copy paste again and again for almost a year since armada down to .14 and cimb tp .10

if +ve then will be above expectation.. price will shoot up

as per mgmt said next year will back to black

i predict still -ve, but lower

this qtr below expectation but not far from my prediction at 5.5.. move fwd anything below 5m is bad and if >6 is good... i guess coming will remain 5-6m after discount to certain market segment result as seen ths quarter
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chl1989 super panda, any indication on q3 results? :)
22/08/2019 3:41 PM

RainT - he asked which “good IT share”. As far as i know, most good IT share (i guess he means tech stock) will cost much more than krono

buy a lot then sell 70 also good already

tomorrow fast2 cut win, then can buy back later.. why? hibiscs even post profit also down.. sentiment not good

once restructure asset done for under utilize osv, you will see their operation will be more profitable.. current earnings been dragged by the osv segment..

similar problem to others osv player like perdana, armada and rest of osv players

alam is far away better than icon and barakah.. based on the gearing you already knows.. even better than sapnrg which price 200% more

alam 0.55
icon 12.14
barakah 2.47
sapnrg 0.94

coming qtr might be red again, opportunity to buy below 0.09 if people throw.. below .08 is impossible based on the growth and order book it has on hand

with only 88m shares, at price of .90 compare to its peers with >500m shares, if it can post 2-3m profit, its price actually much much cheaper than aemulus, eforce and some others

the report might surprise us with write back on kraken, who knows

osv will remain bad, perdana reports clearly tells but fpso will contributes better

on track for >70m profit, not really big income to pay debt and interest but operationally show recovery in business

if buy at high price, then market bad, you will be the 1st victim

if the stock is good, then it will be not cheap (have to buy at high price)

slowly collect bit by bit

sell please, i will collect

.27 is my short TP if 70m can be achieved

projected 70m profit still remain with the improvement earnings from vietnam TGT1 and Kraken

OSV will still below utilisation but that already take into account

the next rally just around the corner.. stay tune

still holding till ex div, short tp .70 when qtr out

im jst passing by here, tp .38 i cut win before qtr out

even if it not hit .15 in mid term, 2c earn profit will be jst fine for me, its a 5 figure gain

RCN itself cost .09, have millions of them, the price will not go far with the RCN conversion.. be realistic

my ave now 0.095 and i believe its a very safe margin price to hold

my strategy is to keep until it turns profit (expected next year Q1), but between the time it might win contract that may touch back .15 abt 40% gain

If you buy a .09 stock and expect it turns to be .20c shortly, you must be a joker

it will move >.64 this time

u surprise, me not.. expect 5.5m but still ok

at least at rsi >50%

will move 1.05 end this week

now pe 16, might be pe18 soon

9m vol, let it go.. let it go...