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2019-10-22 22:08 | Report Abuse
*Bumi Armada* share price tumbled (-17% at market close @ 40c).
*Management clarified after market close that this news* (https://www.bbc.co.uk/news/amp/uk-scotland-north-east-orkney-shetland-50134399) *has nothing to do with where FPSO Kraken is operating*. In short, it’s located in the same basin, but different field all together.
*From our google check*, Thristle platform is located 201km north east away, FPSO Kraken is located 400km towards the Eastern side. *No negative earnings impact, maintain BUY and TP: RM0.45.*
Stock: [FPGROUP]: FOUNDPAC GROUP BERHAD
2019-10-28 14:56 | Report Abuse
Wao, Norges Bank, Norway Central Bank owns 12.7m shares in FP !