BA top energy index report by the edge

Is there a AGM on the 15.03.19 or I read wrongly

ARMADA - All Right Mesti Ada Duit.... Action

Nasaie24 ... Good call really price up fast fast...last minute spike cross 0.20 ?

What the last announcement said pls can post here

Mmmm what announcement ?
Can give hint ?

I am not analyst. On Sumatec Cannot write like Mike or Pearlwhite. But something caught my attention . Loss compare Qty to Qty .. less 98% ... That itself is good news. And something about projects ...they will continue.. something about thier ost is cheaper compare to offshore.
Sorry better met at Sumatec when I bought . Wrong thread. Ha ha

I never encourage buy by Margin Trading - Daytraders - Contra

Yes .. leave Armana Alone .... What we have bought enough. drop 0.10 buy last round average.
If not it will slowly find it way up.... 0.25 to 0.30 .. slowly loh

Hi Mabel .
When buy PN17 ..like Sumatec , I will practice calculated risk. Yes risky but rewarding.
I only buy small amount . Maybe 50,000 shares at 0.01 = RM500 that will be enough.
If project is successful ... even 0.05 cents & above is very good already.

I never encourage buy by trading or contra.

Practices Calculated risk. If can buy 0.005 even better ...50,000 x 0.005 = RM250.00 only
and keep in the freight.

mmmm . Volume 44.5 millions plus 0.01 cents UP...
I though will go down 0.10 ... many also willing to let the shares slide down 0.10... to average down
or buy cheaper..... the less we positive news or talk less... the price go up... why like that..

At this moment right now .... yes this moment this year .. don't collect some ( small amount also can) of battered stock .. no more chance .....

Not to advertise ... I have collected some EDU ..at 0.035 x 90,000 shares ... I intent and will be collecting Sumatec hopefully 0.005 to 0.01 cents ( minimum 50,000 shares) please don't fight with me ... Let me collect as much as 0.005 ... and still looking for others. This times all mothers shares.

Armana did not drop 0.10 ( so will not collect) happy with Armana C-48.

DBE ... maybe .... AFTP ... maybe ...

Because in MAY 2019 or MAY 2020.... I think you understand what I mean loh....

If I predict right .... BULLLLLL BULLLLLL BULLLLRUN.

Dont say I never shares .... feeling from hearing form the ground ....

Dont say I never shares .... Malaysia will rise ... as TIGER OF ASIA again.

First test is to win ... PALM OIL battle with EU..... and second is after Tun M come back form China.

Dont say I never shares .... When bull run happen in Bursa Malaysia......

All battered stock will RISE..... ARMANA ..... too.....


Hopefully this will be my last few post here as I need to go to other side of the thread.

Hold mothers shares in regardless what happen... any battered stock.

I will be back....

Nasaie24 , If I bought mother ... I will follow your advise sell at 0.50 and some 0.25 as i said mother no expiry. but i own only Armana C-48 ... err last check ... very good no buyer.
By the way congrat all who hold mother shares and have holding power.
According to the news from the ground .... moving up.....

Nasaie24 You are right.

So what next ? How come volume low and price still 0.17 No go up no go down.
only those who hold mother shares win as no expiry

why I said that . Because their cashflow is the only factor any company will buy take over BA when price is right. Debt can be easily settled slowly but under White Knight .. no issue slowly but surely
BA get back on his feet. That time Where got 0.17 ...RM 2.50 and above maybe.

Misc in talks to acquire Bumi Armada" That was 2015 news when BA price what mm RM2.50 and above. No March 2019 ...BA price even below RM0.25 ....Stagnat at 0.17...
Possible MISC buy over... What other think... Buy over i think is only way out.

It Regardless What we post +positive - negative all are good posts. All here is expert on their own right. Must learns how to accept post Positive and negative. Must see head and tail side of the coin.

I am looking at another perspective ... Price should be drop by now. I think most of us want it to drop. Some want to average further until 0.10 ( that the lowest right) so that when reach bottom
no more analysis . OHHH more bad news ... i think will adjust to 0.05 cents .. I dont think so.

Most of us want it to drop... but why the price is is stagnant.....

My new perspective .... have we reach the equilibrium price ... at this price ... is that it .. 0.17 now is lowest it will ever get with low volume ... Funny when there is less positive post .... then the movement and shares volume decreases.... Why like that want ?

Because i sense .... it is no longer fundamental ... it is bigger than ARMANA.... something is brewing .... can you feel it..... BURSA BULL RUN IS COMING..... this wave will lift any battered form low to high.....

Dont ask me ... but i feel it.... something is going on.... Fund manager will come flocking in.
EPF will start buying back..... watch....


Everyday form now we watch Counter up How many , Counter down how many...
Today most counter up.

Still trying to link all this ? Why introduce short selling in the first place ? Benefit who the most ?
If big institution lends the shares for some income , what the deal ... you can have our shares for shorting for ... how long ? 6 months one year ?.. Where are all this going...
What if short sellers cannot covers their position .. what will happen ? ... billions of shares has been short ..... What will be the effect if price is stagnant no up no down? Holders of mother no worry..
can hold many months.

At least know I understand if the price do not go down to bottom I dony know ...0.15 0.10 0.08
what will happen to short sellers....

What i know is only this ... Once price reach 0.08 .... if ever reach 0.08 .. all shorts sellers is millionaires some billionares .... then next is to turn long .... with money in hand.. That is when
Armana price will be spike ... one good news after another.

Just my own view.

So I ask ... SO Waiting for WHAT ... Whole institutions news is negative ... All of them together sending strong hint.

Let do it .. WAITING FOR WHAT ?

Aunties and uncles, those people have good salary, can still live, you need to save whatever remaining of your hard earned savings

This time I agreed with Nasaie24 as above.

Nobody will win at current price stagnant

Agreed with Mabel and Mikeim
For once we work together all us
Accumulation on dip

No point the price hanging at current price
Nobody will.
Let go dip and accumulate when reach bottom
All support ok to spike up back when good news come out

As long as price dont reach bottom no good news will come out

Anyway joke aside .. mikekim
Well done many investors now have better understanding

I see nothing but only small statement
Recommended for promotion to be discuss with board of director

I manage to get a peep of the report

Wah Mikekim exposed already ....
By the way the Human resource manager of UTSB just came to investigate

Yes I support Mabel post above

Frequently said to our Armana contacts... like that... wah tomorrow I buy mother ...good news spread already...to Armana contacts

Yeah correct I also forget got announcement

Yeah what work

Ready to rock..... moving up toward 0.19 soon

Large followers

Mikekim
You will have a large following and it will grow bigger

Mikekim I hope you dont change your forum name forever mikekim ok. As after Armana we will track you down and follow your analysis whether you go. Ok bro ?

YSL betui... betui....

Getting interesting show card already CFA KAPLAN... PREP .. OK LAH I also study lah but any age restrictions ? 65 years old can take the course or no ?

Aiyoh old already ... mix up this mikekim and mikebill... though same person. But never mind lah same team only.

Want to buy scare price will go down .. ( But most know the lowest can go done is 0.15) but Scare alos miss out price spike .. with some news not yet release ... only some know but the rest like us dony know... This Armana .... really test our ..... ARGGGGG. So buy or no buy ?

Volume is picking up with + Green whether it is + 0.01 or + 0.005 is encouraging not volume pick with price down .. that is confident..... in the market... but still WHAT IS GOING ON ?

our new heros....mikebill , InvestorKing , Mabel ... well done ... I learns a lot and more confidence
Please keep posting as basically investors is at the lost .... and ask like me ..... WHAT NEXT ?
SO ? WHAT GOING ON NOW ? you all did well.....in your analysis

70 millions Shares done +0.01 ( Earlier 0.015) . Something we do not know again.
But all agreed , worst scenario over. All agreed next qtr better result. But what in between now and next qtr NOBODY know.

Thanks Pearl White for highlighting UTB . I have done research on UTB... and .....
Something about USAHA TEGAS make Armana stable ... I just can't link this yet but something about UTB and Armana .... mmmm

Seen that when UTB is mention CONFIDENCE is there.

So thank you Pearl White.

Very Good

Actually Leon did well .... the qtr 4 reporting is .... don't know how to describe... caught many by surprise when today close minus 0.005

Yes Heavenly...yes

from now waiting for good news

Alliance of Yinson and Armana could be strategic

Let all give him the support

Key title and qualification :
Chairperson of Risk Management Committee and member of Audit Committee
35 years of technical and managerial experience
Bachelor of Arts in Geology from Hamline University
Attended graduate school at Cornell University and Stanford University in the United States of America

DATE OF APPOINTMENT:
2 May 2018

Gary Neal Christenson (“Gary”) has over 35 years of technical and managerial experience in the petroleum exploration and production industry with a focus on South East Asia and Africa. His experience includes management positions at Tenneco Oil E&P, British Gas Indonesia, Unocal Indonesia Co. (“Unocal”) and Santos Indonesia (“Santos”). At Unocal he was the Senior Vice President of Unocal E&P Indonesia and President of Unocal Makassar and developed and produced the West Seno field utilising a min-TLP, semisubmersible TAD and a barge hull FPU. At Santos he was the President of Santos Indonesia and developed and produced the Maleo and Oyang fields. He was the Chairman and CEO of Black Gold Energy in partnership with Goldman Sachs and Temasek. He is a Director in Black Platinum Energy in partnership with Fortress. He is a Director in PT Agra Energi Indonesia (USA) in partnership with PT Saratoga Investama Sedaya Tbk. He holds a Bachelor of Arts in Geology from Hamline University and attended graduate school at Cornell University and Stanford University in the United States of America. He was an aircrew member in the United States Air Force.

GARY NEAL CHRISTENSON
Aged 63, United States of America
Independent Non-Executive Director /
Chairperson of Risk Management Committee and member of Audit Committee

New CEO in line Gary Neal Christenson - we support him