Armada qtrly is end of sept not Aug @KIm Sua, mimpi kah kamu

NIKI and walter , can you kindly do us a favor on an intelligent calculation of the impact of kraken disruption to the next quarter results 30.06.2023, based on the latest info available and taking into account , whatever insurance, they might have covered on their assets and loss of revenue ( bearing in mind any impact will straddle across coming and next quarter ) ?

0.425, 0.500 , 0.525, 0.550,0.600 say any shit price you want, now kraken production is at pre disruption level, as I say, even if it moves, it will not go any further than 0.550. I doubt it would even come near. Investors are looking at the damage to the coming qtr results. So either you buckle up and wait for another 2 weeks or shooos ! and sell the f..k off .

Wah ! this 55 resistant line is so difficult to break. real test of perseverance

@Ray88 , I have mentioned Oil increasing is not a big factor to get BA to move big unlike Yinson. BA is comparatively and relatively less elastic . Even if you have oil hitting 90 , you will not get BA touching 60. the reason , i m saying this is , investors are grappling with the coming and next qtr results. until there is better clarity , i doubt there can be a drastic move. Come on , do you seriously think BA came up to 55sen because oil is 80-83. i doubt ,I think its because of kraken back to 60% then 90% . I agree oil has its impact on BA but not in the way kraken news are afecting it. Thats my view , please correct me .

Granted but everyone has different strategy to make money . The fact that you are in Armada ,you are by default not consciously taking a 2-3 years view. Bro, BA is a penny stock , its no brainer "most" of us not thinking beyond 1 year to make money. if you are its because you are bloody stuck buying high. Sometimes looking beyond 1 qtr already make it unexciting . No single person is right whatever way you are looking. The investment game with a hit and run game is good money but also risky and very much emotional. I think investment base on sound information and discernment has lesser chance of getting burn ( i m not saying cannot get burn but lesser chance) , i can say rewarding and more peace of mind comparatively. Thats why you need to listen more to people like niki and Bob. There are quite many here, dont take them too seriously

I Don't think we need to be too much concerned about luxury beliefs or not . Realization of Carbon net Z is far out in the horizon in so far as to influence our Armada investment decision for the next 6 months to a year . Events evolving around Claire, Cameia, Kraken, Stirling and potential contract extensions, ongoing RFPs around the region are the determinants. Next is to know how soon kraken will come back 100%, estimate of the effects on P/L on next qtr, Insurance mitigation, annoucement for Cameia , claire is written off in books- disposal will be reported as outright profit , how much is the sale btw? Niki has always been our best guru to fill us with all the blanks above. It is unlikely BA will touch 0.60 ,and i say this because investors will haggle over what's going to be coming qtr profits as they digest the kraken damage. The extend of the kraken damage on this qtr result will give a fair appreciation of what impact it will have on the next qtr . dont think price will come near 60sen at least until end August 2023 (result time)

Super salute to Niki , as always very resourceful

@RR88 so much for oil at 80 . Armada going in reverse . Look whose talking kok. You are telling others to make money and don't be hero. I reckon you are speaking to yourself. Many ways to make money. There is the riskier way , some prefer longer distance , some hit an run, yet some stop look go, whichever the way , we dont talk kok .

RR88 you should investigate before shooting blanks. Thanks to Felix 88 who shuts all the true Kok talker.

@RobRouser 88-Jasongks don't know how to talk kok. But if you check your historical facts correctly, its true BA is less sensitive to movement in Oil price compared to Hibiscus. I have always maintain Hibiscus has elastic reaction to oil, not so BA. Maybe you misread BA upward movement the last 2 days as attributable to Oil. I always have great faith in Niki's data. If Niki can have access to the latest info that kraken will hit 80%in the coming week , i'm sure market has its own feelers . Which therefore you think is more credible to move BA. Oil or Kraken? I leave it to you. whichever way i'm still making money , talking kok or no kok doesn't matter. Moh Siong Kon !!!

@mabel meow . I think where BA is standing now its rather insensitive to movement of oil. There were many seasons where oil was above 80 did not cause investor to get excited. To get excited, some substantial job announcement will be gamechanger (like total) . contract extensions will reinforced some of the confidence . Concrete progress on Stirling in the months ahead can be prime mover. Of course Kraken back to normal pre disruption production level will create immediate knee jerk but market can still be cautious. That's why BA management is careful managing this , to make sure they get to the bottom of it. This calls for patience. But i take the silence as good tiding. You are wise to have collected below 50c. Barring any surprise , we are in a good place now. Taking position now is not a bad idea.

Cograts mabel , fortune follows many who live by wisdom and humility

@Gabriel Khoo .Thanks for the update. This is an additional commercial and market reinforcement of the earlier news announced in Mid last month. Nothing technical about it that requires any validation and is a good fanning update by the bosses to get everyone excited and i think it should go down well for BM and hopefully in the foreseeable next few qtrs some thing more tangible can happen . I agree with recommendation to start collecting even at 50c. I think the <50 boat just left.

Max 2838 Thanks to the ChatGPT lesson on FPSO incorporating carbon capture. I'm sure BA and Navigator have done their pre viability assessment before they ink their MOU. there are some scientific inputs and meeting of brains before deciding on future cooperation. There is no doubt this is some positive way forward for BA in terms of diversification in a clean energy Bill environment.
Many Cleverman thinks this is a far fetch initiative on the basis of their work experience in the rig ,so on and so forth. That's why they remain as cleverman . Wiseman will refrain from making negative comments unless you are cock sure you did a similar non-viability study or have specific facts to back it up. Then many will have no choice but to listen. other than that its nothing more than a jilted lover proving a point

@Nikicheong
There are many so called cleverman but not many wiseman around. Foolish or not is a matter of understanding what another person is actually saying. we'll leave it at that , as this is an investment forum not a personal debate.
When you say Pessimism needs to be substantiated , that's what cock sure means in English language. Going beyond that is a waste of investor time. I for one personally value your contribution because your information and sharing adds a lot of value for many of us here making investment decision. they add value because of the research and the thought process you put in your sharing. Good job bro.

This is a public chat , hopefully will help support the market direction , even in a small way. Any pessimism , its better of to keep it at home. but we like optimism, Unless you are cock sure about something that add value to the information already available . we dont need clever man but helpful positive man and women

Rob is a pessimist as if he's being jilted

Arh.... interesting in June ? can you tell us more why interesting ? new story .. !!!

Niki, depending on the type of investor you are. There is certainly not much dynamic that is of interest about Armada at this point . Yes the key is you can park your money else where, to get some faster return. Yes I agree its interesting , in fact far too interesting not to be able to comprehend the true mismatch . Afraid, Not an investor type who will wait there like a scare crow. Time to move on for me

Until BA lands on a major win , investors are not convinced BA can land any major win in the horizon . This is partly compounded by the fact that BA is picking on jobs not just any job to augment shareholder value. Can this be the mismatch ?

Very strange , market is indifferent to the solid qtr achievement in spite of the solid balance sheet telling of a strong management, demonstrating good financial discipline, showing excellent debt management, ,strong order book with very likely extension options, even the general oil market condition is now favorable into 23/24. What then is the mismatch between what investor see and the results ?

"Bon88 - New project announcement is the most important."
Unlikely to have new project
announcement