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2019-06-28 21:30 | Report Abuse
Next month break the RM16 highest price..haha
2019-06-28 10:19 | Report Abuse
If break the 13.90 ..possible closed at 14+++
2019-06-26 10:10 | Report Abuse
Example:
TNB price up to RM16
C51 should be 20sen ( no premium) now the price 0.045 , profit can get 344% ++
C57 should be 34sen ( no premium) now the price 0.15 , profit can get 126%+++
Almost 3 times profit ..But high risk
2019-06-26 10:04 | Report Abuse
C57 gearing 7 only.. C51 gearing 31
2019-06-25 18:24 | Report Abuse
Haha..KLCI UP OR DOWN depend on TENAGA
2019-06-25 11:42 | Report Abuse
Every RM1 up should be up 10 sen if no premium
2019-06-25 11:09 | Report Abuse
Very agree..You must learn how to walk 1st,before you want to fly
2019-06-24 16:29 | Report Abuse
Agree..After 4 to 1 ..The mother price should be 0.30++ ..The WB exercise price @ 0.21..So WB is worth 0.10+++
2019-05-14 09:38 | Report Abuse
I holding armada-C50 5,000,000 units @ 0.02
Anyone can give me suggestion? Because now still can sell out 0.005
2019-04-24 17:45 | Report Abuse
Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
BUMI ARMADA BERHAD
Particulars of substantial Securities Holder
Name EMPLOYEES PROVIDENT FUND BOARD
Address Tingkat 19
Bangunan KWSP
Jalan Raja Laut
Kuala Lumpur
50350 Wilayah Persekutuan
Malaysia.
Company No. EPF ACT 1991
Nationality/Country of incorporation Malaysia
Descriptions (Class) Ordinary shares in Bumi Armada Berhad ("BAB Shares")
Details of changes
No Date of change
No of securities
Type of Transaction Nature of Interest
1 19 Apr 2019
6,328,600
Acquired Direct Interest
Name of registered holder Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board
Address of registered holder Citigroup Nominees (Tempatan) Sdn Bhd Level 42, Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur.
Description of "Others" Type of Transaction
Circumstances by reason of which change has occurred Acquired
Nature of interest Direct Interest
Direct (units) 418,827,500
Direct (%) 7.131
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change 418,827,500
Date of notice 22 Apr 2019
Date notice received by Listed Issuer 24 Apr 2019
Remarks :
The registered holders of the 418,827,500 Shares as follows:
1. Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board - in respect of 342,674,000 BAB Shares
2. Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident FD BD (CIMB PRI) - in respect of 47,495,500 BAB Shares
3. Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident FD BD (ARIM) - in respect of 7,000,000 BAB Shares
4. Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident FD BD (TEMPLETON) - in respect of 3,809,500 BAB Shares
5. Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident FD BD (ABERDEEN) - in respect of 17,848,500 BAB shares
Announcement Info
Company Name BUMI ARMADA BERHAD
Stock Name ARMADA
Date Announced 24 Apr 2019
Category Change in the Interest of Substantial Shareholder Pursuant to Section 138 of CA 2016
Reference Number CS2-24042019-00059
2019-04-13 15:51 | Report Abuse
How its fortunes have changed from a decade ago.
It was once an oil and gas darling in the early 2000s under then CEO Shah Hakim Zain and his partner Tan Sri Kamaluddin Abdullah. Barely a year after its debut on Bursa Malaysia in May 2003, the stock was trading close to the RM20 level because of its potential from new contracts as well as mergers and acquisitions.
Today, it is saddled with long-term borrowings of RM119.84mil and short-term borrowings of RM566.09mil. The company is also cashflow negative, with a deficit of RM25.98mil as of Dec 31, 2018.
For the nine months period to Dec 31, 2019, total losses stood at RM75.55mil on the back of RM421.97mil. Losses in the previous year stood at RM90.58mil on the back of RM571.7mil in revenue.
To make matters worse, on Feb 13, Scomi told Bursa Malaysia that it had defaulted and received a notice of demand from Malayan Banking Bhd for RM201.91mil.
The default arose due to the failure by Scomi Rail Bhd (SRB) to pay Maybank under the bank facilities granted to the company.
SRB is a wholly-owned subsidiary of Scomi Engineering Bhd, which in turn is a wholly-owned subsidiary of Scomi Group.
Scomi Group also received a notice of demand from Maybank amounting to RM113.96mil, due to Scomi Rail’s default.
As of Scomi’s announcement on April 8, Maybank has granted the group a further extension of time until April 22.
But all is not lost.
On April 4, Scomi Group announced that it had settled a dispute it had with Prasarana Malaysia Bhd relating to the Kuala Lumpur Monorail Fleet Expansion Project contract that dates back to June 3, 2011.
This settlement comes with a RM303mil contract, out of which RM181mil of works will be almost immediate.
The settlement also entails Scomi Group’s wholly-owned subsidiary Scomi Transit Projects Sdn Bhd (STP) entering into a deal for Prasarana to acquire seven new sets of four-car trains for the Rapid KL Monorail route. STP would also repair five sets of four-car trains that have stopped operating since January last year.
The orders of the seven new trains are worth some RM122mil and will take 30 months to materialise.
In the nearer term, the work order for the refurbishment of the five sets of trains worth RM181mil will take place. The announcement of this deal saw Scomi’s share price hit limit up, jumping to a high of 14.5 sen from its previous close of 5.5 sen.
The stock has since settled at the 10 sen level, with many investors still sceptical about the company’s ability to turnaround sustainably.
Scomi Group’s new group chief executive officer Sammy Tse Kwok Fai who replaced Shah Hakim last July, is confident that things are looking up for the company.
Stronger financial footing
Tse explains that the settlement agreement signed with Prasarana has several conditions precedent (CP) to be fulfilled within 14 working days from the date of the agreement.
He says that successful execution of the agreement with Prasarana is one of the key factors to improving Scomi’s financial position.“The immediate focus is to fulfil the CP and to commence the refurbishment works and subsequently to formalise the agreement for the manufacture of the seven new four-car trains,” says Tse.
More importantly, Tse adds that the agreement with Prasarana will contribute towards meeting short-term obligations and cash flow for the transport solutions business.
“However this is not the only factor. Of a greater impact to our balance sheet would be the planned corporate exercises. This will give us the flexibility to improve our cashflow and strengthen business development activities”.
Tse says Scomi is
Stock: [TENAGA]: TENAGA NASIONAL BHD
2019-06-29 04:01 | Report Abuse
Sapu C51 high gearing