debt no problem if cashflow increasing with higher prod and price

armada securing loan been told 2 mths back and become reality today, i no prob to wait another 2 mths for barakah to announce

10c is a cheap counter, when good news out, people tend to forget the debt amount and looking fwd for future prospect with the debt plan as armada

whatever happen to armada will happen to barakah too, the keyword is buy at low and be patient

bad news already out for few years until it touch 14.5c, now no more bad news, all coming will be good news..

its nothing wrong if you plan to sell for short profit, but i really think it worth >30c by next month, maybe next week or tomorrow

and when qtr out end next mth, with extra earnings from kraken and vietnam, plus lower impairment, if rpt can turn green, you will see another big jump

if can wait 6 mths, 2 mths coming is not long time

TP 28c after qr out

qr will be good dont worry, but good also sometimes price not up, so have to wait lor

velesto have no factor to limit up, no big catalyst compare to armada... it will slowly up for sure

reach only can go up if it can produce more barrel at higher oil price

price now higher so have to wait coming report to see if it can produce more barrel

armada and reach different case, its debt very huge similar to sapnrg, so when it can refinance the debt, its a very good news

scomi i have no idea, it was very good during Tun Abdullah and KJ time, after that slowly die

from all og PN17, id prefer perisai than scomi or sumatec

latest news cimb TP is 10c.. if u still remember

as long made money, its good no matter how big. i believe tomorrow and friday will have profit taking so price may press down a bit

and then we see if it can rebound back next week to hit >30c

i just bet on oil recovery, if cannot get refinance, will burn here until losing underwear

40%

today 1.5c up is 15% is very good liao, wait next week maybe 12.5c

oil will go to usd80 for sure

next will be reach counter, dont forget to buy

should thank opec for letting oil price up, if oil slump, lenders wont give credit
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pepsicola1012 admire the patient you have . salute ~ @superpanda

lets see in 2 wks time what will the price it sustain, but do remember that ongc job news may arrive later, even not a big contract but at least wont make claire idle with impairment cost burden.. so another good news to boost up its price

haiyya ah pang, been suffer here for 6 mths while looking at you earn at dayang.. its terrible but now paid off

looking forward for 30c soon

35% clap clap clap

26 hits.. next week may see 30c.. omg

it happens within the same day !

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Stock: [ARMADA]: BUMI ARMADA BHD
Apr 24, 2019 9:38 AM | Report Abuse

when news on armada refinance out, armada will be the most active counter too, just wait

i was on 80k paper loss when it down to 14.5c, now almost breakeven : )

Till mid year oil price should be good until opec review their stand in June.. so keeping this stock till mid year is an option to those whom looking higher price

25c ! break 24c after few months

we should see the price moving upwards from now but if epf keep disposing their 400m shares, the price will stay low until they stop selling

the bottleneck is in oil price, when oil sustain, revenue increase, profit increase... and with cash earn can pay debt, no matter how long... lenders earn money from interest, the longer the better.. but lenders only lend money when they confident it can be paid back..

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emil This kind of restructuring back to square one as more debts increase.... LONG TERM even worse
24/04/2019 2:43 PM

when you see new people start commenting here and pour bad comment, and you find their comments is lack of contents compare to our expert pearlwhite, just dont bother

for the past 6 mths we have been discussing what is the worst and the best case scenario, today just is one of the conclusion

mine 26 sure can reach back, only abt time

armada just release its refinance news, lenders are +ve on o&g even on high debt

so dont worry on barakah debt, might follow same step. keep few months maybe can earn 50%

we might see increase in trade volume from now onwards, and next qtr will be another catalyst if operation wise can generate more income

been holding this stock for 6 mths, i see those shout PN17, TP0.10 and Right Issue, bla bla bla.. superbull and pearlwhite loan default, bankruptcy etc..

as for today, all those prediction were wrong, congrats to those whom keep holding

short trade only mah, earn few Ks then run lah, but if you believe oil price will sustain till rest of the year, then can hold for more profit

many IBs now +ve on o&g stocks, you can see when oil above 70usd, more volume traded on energy sector

when news on armada refinance out, armada will be the most active counter too, just wait

Stock: [ARMADA]: BUMI ARMADA BHD

Apr 17, 2019 11:55 AM | Report Abuse

Still holding armada and bought barakah 0.095 for short trade today : )

wait until report out, very soooooon coming

rakuten has posted technical view on its +ve momentum, if next week oil continue climbing, we can see 12c

u never hear maybe bcoz you never read (the news on AK applying for credit) or you dont understand why the bank like to offer you credit when you hve money.. if you in business the most common is overdraf facility

its a 30c stock, not rm3 anyway

study the chart and take opportunity when it comes, dont be too greedy and you will be safe

no need to bother the debt, that mgmt problem, we just buy at low and sell at high and if drop to our limit cut loss

be happy as oil now in continue uptrend, goreng time for o&g, just enjoy it

1st collection done 9c, if drop to 6c buy 2nd collection and cut loss at 5c

even PN17 perisai has announce to regular its debt and might win job too, barakah its better than perisai, so why not try luck

refinance news will be out soon, AK will able to get new credit to pay the debt, he’s the 5th richest man in msia..

bank only give loan to those whom have money to pay, so AK is one of them

Oil will hit 80 back based on the latest irans sanction waiver news

im jst looking for 30c by mid year if still cannot achieve i can wait until end year

while waiting that, we still can earn money in some other place

we dont trade this counter until its clear all the debt, so it doesnt matter if it will default in years to come

btw, as long as oil price remain good, o&g will survive and whatever debt it hold, it can be managed in many ways

if wanna bet 5c then, then have to wait until PN17 announce or when oil below 50 again

bought 9c for 1-2c profit and cl if drop below 8

if cannot take the risk, buy something else

buying a high debt stock only can go 2 ways, win big or lose big..

im not political but if BN cntinue rules, 1MDB hole will become worst and nation will more suffer

if Tun can brings prosper for 20 yrs a proven track record, in a year coming you can see the result

this uear gdp can maintain at 4% is not bad at all, only market sentiment weak, so its time to buy before foreign fund come back again once things settle down

do tke note one of the major shareholder now is sarawak tycoon

buy for the oil price sentiment, brent can hit usd80 again for sure