The company was fall into pn17 due to zero revenue for three quarter continuously last year.Now revenue achieve 259 mil & 269mil for 2nd & 3rd quarter this year.There is no issue on delist of the company

This coming quarter, if renewable energy can contribute 1 mil to the earning,then this will be consider a good start to the company.

Now I know why people sent old news,I also did the same mistake.Sorry for there

http://www.theedgemarkets.com/article/stock-momentum-bumi-armada-0

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5589885

EPF keep on buying .I think coming quarter result is good

Today is the last day for payment to subscribe.They don't want us to subscribe, that's why the price maintain there.After today is the show time

I don't have any OR otherwise I will go & subscribe.if PNB put their money in FD with 4% interest instead of subscribe into rcps-i.Every year they will earn 4.85bilx0.30x4%=58mil.I don't think they want to lost 58mil every year.Every drop of share 0.01,they will additional lost 4.85bil x 0.01=48mil

Private placement is allocated to selected big share holders.Normally they know the good prospects of the company,then they only willing to take out money.Whereas rights issued is applied to all share holders.

Yes,you are right.If the project no risk and can earn a lot of money,they should ask for private placement not rights issue.

If nobody going to subscribe rights,all the warrants will be in PNB 's hand.Probably warrant price will be in the high side.As warrant is more easy to push up

If rights issue is use to execute contract,then it is good.But if use to paying debt,then no good

Now very hard to push up,after rights even harder

PNB will take on the excess of the rights not taken by other shareholders in the form of rcps.This means not all 6 bil rights will be listed in the market.

6bil x 0.30=1.8bil

The major share holder need to sell umwog then only have money to subscribe the right issue

It seem that gunung berapi akan meletup bila bila masa.Just like gunung berapi in Bali.

Those who can't sell OR doesn't matter.Maybe WTI go above USD 60,then you can consider subscribe the right.

Agreed with brain.If you subscribe right & you only get 0.25warrant.Say if warrant price is 0.06,your cost will be 0.29.But there will be extra 6 billion share in the marketl once the rights is traded.The price may push down below 0.29.They want you to finance their company without paying any interest.If so good,why so many people willing to sell OR at 0.005.

Limit up?How many MW will be generated income in this coming quarter?

Choord2121.You are right

I will buy OR at 0.01 if anyone willing to sell

OR will be listed on 26/9 & life span is only 5days.You can buy or sell the OR.After 3/10,you need to prepare bank draft Rm 0. 30/share & registrar fees(ard rm20) to tricor investor & issuing house and bhd.(at Bandar south).By courier also can.Bank draft attention to Umwog.Anyway, you will receive letter by umwog & they will teach you how to do

Normally people sell their umwog and subscribe their right.But I will play differently,I will keep my umwog and sell my OR.

I think the shares will only push up after ex-date

I guess this coming quarter result lost is around 8mil

I vote no,get cash refund 17k.Then i bought around 500k@ 0.62.After 1st quarter result out,I sold reach at 0.51,lost 60k,sell warrant at 0.11-0.115,earn 86k.Net profit 32k.i just wait to see the 2nd quarter result,mainly on their operation cost.

Boleh tahanlah.Got 47mil cash lost 1.6mil.

http://www.bursamalaysia.com/market/listed-companies/list-of-companies/plc-profile.html?stock_code=7676

I cut lost at 0.51.Now waiting for the right time to buy

I guess this coming quarter result lost more than 2 mil

I also got trap in this share.I think this coming quarter result is bad,that's why people keep selling down.But this is cash rich company,50 mil in hand,which equal to 50% of current share price.

It seem 0.40 is the bottom.But I still wait to see the coming quarter result and how they solve the shortage of fund.If the result lost is less than 5mil,then consider good

I

Not the first time delay in payment.Not so critical.People already get used to this

The more production,the cheaper the cost.Need to wait 2nd quater result,then only know roughly the operation cost for usd25 is based on how many barrel per day.If base on 20,000 barrel per day,then have to wait until 2020.

The operation cost usd25 per barrel is based on how many barrel per day?

I think they need to replace pp with right issue then only can raise sufficient fund

Cost of operation 62.38mil is too high for 1st quarter.Even though Dec 2017 production increase to 5,000 bbl/day.The cost still very high if operation cost remain unchanged.

Cost per barrel
62.38m/90days/5,000x60%/4.30=Usd 53.70

Their assumption maybe wrong on cost operation before acquire this oil field.Sahul Hamid may not know about this.He may just listen to his quantity surveyor.Only account will show the real figure.

Pp price not fixed yet.i think no investor willing to come out with money to invest

Yesterday off market transaction 450k@0.54.Really do not understand,he can buy cheaper in market

If drop below 0.50,I am going to cut lost.The operation cost is too high.I estimate the next two quater result will still suffer a lost.Only 4th quater will break even.For 2018,once they complete their pipeline to port,they only can earn better profit. If compare future earning with reach,I think jaks has better prospect.

A lot of DBT done at 0.51.They need to support at this level

Estimated they purchased 150mil@0.76

MTD purchased 118mil@0.76 from credit suit.They need to suppress the share price to lower down their cost.They can buy from market at low price & pp to average their cost.As the pp shares need to be shared among all the major shareholders who vote yes,they can't get 100% pp shares according to the shares they owned. Not only they want to average the cost,others as well .But no matter how they average the cost,their cost is still higher than others average cost who purchased in market.This is the game between you & MTD.Dont stop the game before MTD stop

Now you know why they don't fix the pp price.They are waiting for lost result

N

Sorry,14.28mil

Anyone know how this finance cost amounting to 13.28mil is counted?

Revenue is acceptable.Is tax 13.8mil is one time off?If yes, then actual lost is 4mil.Currently the production is around 3,000 bbl/day.By end of the year production wil be increased to 5,000 bbl/day.The operating cost per barrel is high mainly due to low production.