well, start turning red.

tkl88 Who sold/Idss at 0.365 million shares
then bought it back later afternoon session
at high price i.e 0.38 aren't that will encounter
a hugh losses?

Really worry for these guys!
Good luck to you all guys!
10/10/2019 9:23 AM

aiyoo.. you dont know how IDSS work kah ? where got IDSS trade that way and lose that much ? We have our stop loss and target profit already key in early in the morning. Losses, if any will be limited, IDSS profits normally we will let it run further

So far have u seen me enter IDSS during days which Armada has high gain ? Until today I dont even need to have the stop loss triggered because IDSS players knows exactly which day can trade and which day cannot trade.

sychan Ckca have no brain people invest and made big money he have pig mount false predict as be false prophet
10/10/2019 8:36 AM

Each time I trade I earn IDSS hard cash, EACH DAY.

You people buy and keep earn just imaginary money, now imaginary nice profit, later drop back imaginary money all disappear. Earn nothing at the end... and worse yet to come when Armada finally declared bankrupt, imaginary profit become real hard cash losses.

today I will do my activities quietly to prevent detection... so, watch out for it.

Armada share have no value ( going bankrupt soon, RM12 billion debt ), in fact zero value because will go bankrupt. Now only pump and dump operators pushing up share price, helping to transfer zero value Armada shares to ikan bilis.

yesterday Armada up, I was not here... hahaha, see pump and dump operators failed to catch me again. Today I am in again with IDSS.. dont believe watch how I make money again. Today sure down, because pump and dump are also caught together with all the ikan bilis at high price... just see who run first.

EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) disposed 1,350,000 shares on 03-Oct-2019.

die lor... EPF already cabut, now left ikan bilis holding Armada.

iRJ87 ckca is back. U guys decide if u wanna buy high and sell low to him.

And investors, is a good opportunity to hang IDSS by not selling back to them.
---

There is nothing you can do, the pump and dump operators are releasing their Armada shares.

it will drop, still got some bilis buying. soon reality sets in.. they will panic sell.

ok lah... I just sit back and wait for it to drop.. will come back later to collect my IDSS profit money

all these pump and dump operators can only say future will be this and that... but will it happen or not ? Already proven it is not as rosy as they painted it. Already proven, Nigeria, disaster, Australia also disaster.. Kraken also disaster ( they claim can fix, but can they ? a question mark ) BUT the refuse to look at the current real situation RM11.5 billion debt that Armada cant pay.

All Armada income or assets are based on future ( lots of guessing work, for example like Armada Claire, sudden did not renew contract, Armada almost gone case already ) This kind of thing can easily happen.. their Nigeria deal also same case, their future expectation never happen. BUT RM11.5 deb is real , it is here and hurting Armada badly. Day and night the debt increased by itself..

Investment on a half bankrupt company is bad investment. people invest in good quality company. anyway these people got too much money to throw away. Already RM11.5 billion debt, still dare to invest... Armada is only good for short term pump and dump. Today onwards is dump period, past few days already pump up. They wont pump anymore for sure.

going down now... red is coming

no wonder pump and dump operators so active in this counter, they can even compare Armada with US government.

sychan BY KIMBERLY AMADEO Updated October 03, 2019
The U.S. debt is the sum of all outstanding debt owed by the federal government. As of Sept. 30, 2019, it exceeded $22.6 trillion.
Armada debt not much hahahahahahahaahah
08/10/2019 10:31 AM

US gov can print money lah, Armada can do what ? US gov got tax to collect, Armada cellect what ?

sychan... when are you going to sell to take real profit ?

Total perdana sales amount not even enough to cover the interest cost from the RM11.5 billion debt. That is why AK have to lend more money to Armada, with a catch ( 30% of Armada profitable unit goes to AK private company if cant pay back the new debt ).

About the hype about Kraken, has Kraken actually make any money ? Still suffer heavy losses in Kraken. FPSO claire court case as good as lose already lah.. you look at the case details, no way Armada can win... some more have to spend money to lawyers.

sychan We do solid comment and made big money ckca no shares with false talk
08/10/2019 10:24 AM

sure or not you make big money ?, you still not yet sell you Armada shares, how can you make money ? you only have Armada shares only, that is not real money...while my IDSS play each session already cash out money. Real money in my pocket.. while all of you are on just paper profit, not even yours yet.

have you all forgotten... RM11.5 billion debt nothing has been done to fix it. By now should be more than RM12 billion already. Opps I almost forget, it cant be fixed... all they can do now is to trick as many ikan bilis as possible while they quietly run.

TAK1 One war cool down never stop one more started in the north now give correct info ckca oil 59
08/10/2019 10:20 AM

In armada case oil price what also no use, it will still go bankrupt. Oil price up is only good for pump and dump operators to con ikan bilis. They can use that excuse to push up the share price... even though there is no improvement in debt handling inside Armada. All these push up share price wont last forever, they will take profit, they will run be ikan bilis got a chance to run. Worse case ikan bilis like some of you will never have a chance to smell the real profit.

sychan loser ckca talk again oh no shares talker really sad, do baseless comment really false prophet . Hahahahaha I count money everyday ......ckca only talk

you can count all your paper profit only before you can cash out, already suspended and delisted... bankrupt

Johnchew Ho ho who said i dont know...window dressing n then down...
08/10/2019 10:17 AM

wow my apology, I thought you also got tricked by those pump and dump operators. Looks like IDSS players are just too smart for them. They can con ikan bilis but when comes to IDSS player.. all they can do is call IDSS player pigs or something like that.

u can take a ride from the pump and dump operators, if you have profit.. run fast before they run. U fortunately most likely you are all caught. So my advice to hose who have yet to enter,.. this is not the time to enter, pull back is on its way, that is why I am here... trading IDSS After this pull back, dont know pump and dump operators will still push up or not.. if they dont push up.. Armada shares will continue to drop... I think very likely they wont push it up anymore, because risk is getting higher each day. Yemen war is more or less over.. oil price drop badly.

but I can tell you what Johnchew say is true, Armada will go bankrupt soon... only trouble is johnchew did not anticipate the pump and dump operators driving up the share price to trap ikan bilis. Whether Armada goes up or down, it will still go bankrupt at some point in the future. If you are caught still holding Armada shares, suddenly PN1, then suspended... you lose all you money.

I am sure by now you should realize that I have never lost a single IDSS trade. I make it a practice, whenever I trade IDSS I let everyone know. For showing off of cos.. at the same time make money and save more bilis from being trapped by sweet talk of pump and dump promoters.

RJ87... u should worry more about me.. ckca is more dangerous than johnchew

ikan bilis soon will realise they are trap and will be cutting loss soon, I think today should be the day when everyone starts to pull out.

Armada do not have any value in it, it is just for syndicate pump and dump, past few trades I got some insider news, pump and dump operators going to push it up to trap ikan bilis. then they run quietly when the clueless ikan bilis buy.

if I am not here, means I am not trading. I know some of you are still hoping to see me lose money, well.. it wont happen because today Armada will turn red.

I guess all of you are waiting for me to lose money. hahaha guess what until today, I have yet to lose money from IDSS. Last few trading day I did not trade.. see, smart or not. Today I am in again.. IDSS

IDSS saves people from holding bankrupt shares. Pump and Dump ask people to buy and keep bankrupt shares.

Wish all you can, they cant pay up the bank. All. options already exhausted. AK has already taken 30% JV, nothing more from Armada to offer AK.

RJ87 Don't want waste time educate retards here. Waste my time. Better use my time focus on things that pays me money. Armada will do well as long as prudent management that knows what they are doing.

Short of cash. Pay interest will do.
Pushing current liabilities to long term debt is for cosmetic.
Don't know graduate from which school...

Soh@i to the max. That's why Malaysian equity still got chance. Super inefficient in determining value. Even "analyst" also 3 x 5. zzz
02/10/2019 3:17 PM

aiyoo... calling people retard dont cry later try to be smart when you are not. You say "Pay interest will do", hahaha already confirmed, Armada cant pay the interest.

Armada is a sure bankrupt case, just matter of time, They may be able to delay it for a while, let people like you buy more.. while smart money have been running for month. Of cos once a while push up to trap people like you.

you know why I am not interested in Armada book order ? I am more interested in the current revenue, because it will decide PN1 or not. Once PN1 is announced, all the book orders will magically disappear because all the customer will find excuse to cancel order

RJ87 U failed to make any rebuttal as far as I recall. You failed to differentiate current liability and long term debt. You failed to understand orderbook and revenue.

All it proved is you don't know what you are talking about. Whats more to make a valid point to argue with me.

Only thing that we arguing here is if you are actually a STUPID there. =D
02/10/2019 2:24 PM

You still want to go through this ? not scare Armada share price go down if too many people rad my posting. It is you who failed to understand Orderbook and Revenue. Orderbook is the total sum which has yet to happen... Revenue is the real thing that has happened.

Book order may sound big, it is spread across many years and if Revenue for the year is too low, how to pay debt for that year ?

Already shown clearly, biggest Armada revenue from 2014 to 2018 is just RM2.4 billion in 2017, debt is RM11.5 billion. Based on 2 Quarterly results, the revenue for 2018 maximum will be around RM2 billion regardless of how big your book order is. Not enough to even pay the loan interest ( short term or long term, still have to pay bank interest ). Not enough money to pay, bank will label you as PN1, When PN 1 is announced, Armada goes below 5 sen the next day.

Big Book order or or Small book order not does not matter, because it is the current year revenue that counts, if not enough money to pay bank.. PN1. Simple as that also dont understand.

RJ87 ckca, maybe he forgot, doesn't mean you are right. What's has proven is you are ignorant about business and financial statement.

Facts. Facts that proved you lied and ignorant.
02/10/2019 2:16 PM

I dont need to argue with you the same old story because you wont understand it anyway. So we just wait for Armada to go bankrupt.

sychan John Chew, Geco, Apanama do not’t create fear or anything they just show their foolliness stupidness gilaness and pigness .And they got no money and no shares only talk hahahahah.i won 15m from armada ,their only loser hahahaha

Now I am counting money everyday not like John no shares hahahahaha loser
02/10/2019 12:08 PM

thank god my name was not mentioned. Meaning sychan still thinks I am correct. This morning I kept very quiet waiting for it to go up for me to sell, unfortunately cant go up despite the promoters spamming the forum with useless information. My chart shows disaster on its way...

Johnchew Mabel is the one never read ..vc quarterly report not out also insist out...haha
02/10/2019 1:35 AM

dont blame Mabel, she has to work very hard at Marini ...

---

Mabel @ckca Mabel There's a promotion at Marini at 57 at KLCC..

It is not just about IDSS.. the main point is.. Armada is confirmed a bankr u pt company in the making. IDSS or no IDSS the danger of having Armada shares is exceptionally high.

IDSS is just a trading method, fully endorsed by Bursa. this is a very common trading option all over the world, nothing to be upset about, you can always join in if you wish. Armada is ideal for IDSS is because it has real troubles, it will cra s h big time when PN1 is announced. If Armada is a safe company, nobody will be interested to play IDSS on it.

oh my god.. I am still talking to the "God Level Stupidity" Armada has already defaulted PN1, if no outside rescue coming in on time. This is just one off rescue.

Nobody can rescue Armada forever because these rescue is just to settle repayment only, not the loan itself. Next round of repayment, if nobody come to rescue.. PN1 will be announced.

Its "your mommy lend you money", not "your mommy borrow you money". IF you mommy borrow you money you will be worse off.

Do yo need to pay back that RM50K your mommy lend you or not ? Will your mommy take over your car if you cant pay her back ? After she took over your car, you cant go to work, you have to take another loan to buy another car. Will your mommy lend you RM50K again next month ?

Kids nowadays, so old already still depend on mommy.

AK only lend RM300 million ( and it is not free, need to pay back. AK can take away 30% JV anytime he wish ). RM300 million is only enough to service the current defaulted repayment ( prevented PN1 for this round, next round will be coming again ). The remaining RM1150 million debt is still there.

is this guy serious or what ?

If you guys have bought shares blindly based on their recommendation, after reading all these comments from them... I hope you can still sleep well.

RJ87 Why this soh@i ckca, so stupid one? Omg...u might as well call yourself soh@i

Someone else please educate this boy what's revenue and what orderbook?

---

Tell me what is the use of Order Book when it cannot generate actual sales/money ?

What important is how much money it can generate each year. Despite of orderbook of RM20 billion as you claimed, it can only generate RM2.4 billion sales each year.

The RM2.4 billion sales have to service repayment ( interest + portion of principal ) for a debt of RM11.5 billion each year. Which is clearly not enough. That is why Armada already run into PN1 situation, it is just only not announced because it has been delayed with outside help for this round.

PN1 will be coming again

Mabel

I don't need much tips as Armada has already tips me generously. My request is just follow your animal instincts and act like an entrepreneur since entrepreneur sees opportunities everywhere he looks, but many people see only problems everywhere they look

Cheers ckca !
01/10/2019 11:55 PM

I am sure Armada has tip you generously with GLS like RJ87 as a major fuel in your pump and dump system.

Ur level ckca, too noob la...

Are u paying me consultation fees on education corporate finance and strategy?
No right. Only take away is ckca is a LIAR. and rather dumb one.

I can make better rebuttal against myself. If I make my point against myself, I also shut up.
01/10/2019 11:54 PM

you are right, I am nowhere near your "God Level Stupidity"

...

Just now you say. Perdana freed, Claire freed... means alot of order book from Perdana and Claire also also "freed". Means there is no such thing as RM20 billion book order now.

Just look at the revenue, the max it hit is only RM2.4 billion. does it look like Armada still have the old story of RM20 billion book order?

Perdana sold for RM167 million... just how much the RM167 million can do ?

RM11.5 billion debt minus RM167 millon Armada Perdana sales. Still got RM11.3 billion debt. You sales is only RM2.4 billion the max. Now asset is also further reduced, you have less assets to bargain terms with the banks.

Mabel There's a promotion at Marini at 57 at KLCC..

Lobsters delight with Champagne..
Dress code...Black tie

There's another promotion at Abbot, Giulio and Castello

Abalone mancini with coconut juices
Dress code...Beach Party..

You decide what's best for you!
01/10/2019 11:37 PM

Mabel will personally prepare the drinks for you, please remember to tip her generously.

If you math is so good, then why only RM2.4 billion revenue when you claim got order book RM20 billion ?

RJ87 ckca, 20Bil orderbook with potential 10Bil orderbook extension can easily service the 11Bil debts. Don't leave this out too.
----
Where is the orderbook ? I don't see it in the Quarterly Result or the Annual Report Revenue. Maybe their "orderbook" customers already close shop. If really got so much book order, Revenue will not be just RM2.4 billion.

You really think the Australian will pay for Claire ? They wont pay a single sen, there is no guarantee Armada can win the court case.. the Australian are not stupid people.

Some say I only talk about debt... very boring. Promoters can set any beautiful target price. BUT that boring debt issue will kill Armada... it just matter of time before PN1 is announced.

RJ87 Since u such a huge fan of saying debts is bad. TM, TENAGA, AXIATA ALL BIG DEBTS
Can u admit that if loans are serviceable by strong cash flow. There is nothing wrong having debts?

Can you agree with that. Or too bodoh to not understand or admit that?

Like I say, ARMADA DEBT HAS REDUCED.

---

Ask Armada to reduce the debt to RM2.5 billion... and still have RM2.4 billion sales.. then we may see Armada alive, Can they do it ?

After selling asset, FPSO.. they also lose sales. Even if they managed to sell all their assets ( FPSO+other ships worth RM7.6 billion ), I very generous give them RM7.6 billion from the sales of those assets ( normally cant even get 50% out of those old ships )... the maximum they can reduce the RM11.5 billion debt is to around RM3.9 billion.

But then after sales of all the ship assets.. with Zero Revenue, How to deal with remaining RM3.9 billion debt ?

Armada An Quantum Leap Stock In 2019/2020 Why debts are automatically linked to something disastrous?
Its a double edges sword .

Importantly, armada able to control and benefit from it.
----

Problem is they cant!! It has already gone out of control. There is no way a RM2.4 billion revenue can solve a RM11.5 billion debt. Even if they sell all the Assets, still no way they can deal with the debt.... in other word, just matter of time before it declares bankruptcy. As for you, depend how lucky you are... if you are still holding Armada when they announce it, all your money gone forever.

Now I understand why he kept on saying debt already refinanced, trouble for Armada is over. He thinks after refinance, Armada no need to do the annual debt repayment anymore... "GLS"

RJ87 Let's talk about debt. Do you know Tenaga has RM50Bil debts? Do you know Axiata got RM25Bil debts? Do you know TM also got RM10Bil.

Go there say they pokai lo.
01/10/2019 9:36 PM

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adoi, bodoh nya... I have to admit surrender to these "God Level Stupidity". How can you compare Armada with Tenaga, TM and Axiata. Do you know the size of their business or not ?

Tanaga Revenue is RM50 billion, Debt RM50 billion
TM Revenue is RM12 billion, Debt RM10 billion
Axiata Revenue is RM24 billion, Debt RM25 billion

All the 3 companies mentioned have Revenues can match their Debts. How about Armada ?

Armada Revenue is RM2.4 billion, Debt RM11.5 billion... Did u see the size of the gap ? Impossible task to be able to survive.

Tenaga has RM130 billion Fixed Assets vs RM50 billion debt,
Armada has RM7.6 billion Fixed Asset vs RM11.5 billion debt ( of cos you may see finance lease as fixed asset... those asset will disappear into the thin air if FPSO assets are sold or if their customer goes bankrupt ).

Amazing, even the Grade B promoter like Mabel is cheering him for that comparison

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Mabel Indeed RJ87!

We are very pleased to have another great Financial savy in our team

Syabas RJ87! God bless you!
01/10/2019 9:50 PM
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Looks like Mabel needs to be downgraded from Grade B to Grade F promoters.

So newbies, if you are buying based on their "advice" , you better be prepare to lose all your money.