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2015-01-26 12:07 | Report Abuse
Don't pick a company. Pick a SMART/CLEAN Leader. Your people competence is the biggest factor in your FPSO business success.
2015-01-26 09:46 | Report Abuse
tshwong....you loss your underwear sooner . I guessed that you lost a lot $$$
If you don't believe, please find out DETAIL. We are talking "TRUTH" inside forum
ANY reason behind Captain HB and VP Legal has left immediately on December 2014
2015-01-24 09:37 | Report Abuse
rmoi.....upupshare is just BIG LIAR , insider/supporter of armada.
FPSO availability & performance, downtime and readiness are PART "CLAUSE" inside legal contract. The owner can cancel/terminate the contract anytime in case of out of the client expectation/requirement.
Armada Claire might be ONE of example sooner.
2015-01-24 09:10 | Report Abuse
Posted by oilguy75 > Jan 22, 2015 01:45 PM | Report Abuse
I know this is a forum for investment topics, Yet no harm in sharing information which is the TRUTH abt what is going around in BA right???? Anyway 3D Animation is forecasts to be release soon , so for a start i would suggest we replace the A-TEAM with I- TEAM !!!!!!!.
According to sources that has been gathered the I- Team is being very cold for the past weeks , unlike how they use to be. True that one of the TOP Gun tried to lobby Yinson, but he failed as YSP is well aware abt the current situation.
Bravo to UT Auditors who is grilling the BA Project Management team up, down , left & right.......
This should have been done long time ago which would have saved millions of $$$ of BA
2015-01-24 09:04 | Report Abuse
Upupshare is a big LIAR,
He said C7 first oil in mid of January. Any news announced inside the media. ???Is it TRUTH his saying???
So far, there are 3 months from sail away, still can’t hook up onsite and start production. Eni big worried on unproven turret.
3D audit animation will be released sooner; Bravo to UT auditor for goodness to UT . One of top guy keeps approached to YSP; YSP said “No”
2015-01-23 10:15 | Report Abuse
Cat short bounce to let Giant selling. All essays are fact & TRUTH
tshwong, you will loss underwear soon. BIG JOKER
Q4 2014, red or green will be released sooner, the final answer - winner or loser still not yet.
This colour is totally due to A-team brought by Captain HB
2015-01-23 07:50 | Report Abuse
oilguy75 elaborates more I-TEAM means to WHAT!!!
I-Team very quiet past weeks including site and other related and a lot of I-team CV starts flooded to anywhere!
Brilliant to warriors and UT auditors for goodness to Armada & Malaysia economic!
Chan, clean all viruses inflected armada; any reason behind hiring CHIEF HR Indian passport, taking care of Malaysian firm human resource & talent resourcing; Malaysia can't hire any experienced HR in the market.
UT brainstorms carefully and acts wisely on next move, avoid such BIG mistakes created next Ebola same virus in future again;
Posted by oilguy75 I know this is a forum for investment topics, Yet no harm in sharing information which is the TRUTH abt what is going around in BA right???? Anyway 3D Animation is forecasts to be release soon , so for a start i would suggest we replace the A-TEAM with I- TEAM !!!!!!!.
According to sources that has been gathered the I- Team is being very cold for the past weeks , unlike how they use to be. True that one of the TOP Gun tried to lobby Yinson, but he failed as YSP is well aware abt the current situation.
Bravo to UT Auditors who is grilling the BA Project Management team up, down , left & right.......
This should have been done long time ago which would have saved millions of $$$ of BA .
22/01/2015 13:45
2015-01-22 14:02 | Report Abuse
freestylepunk, please shut your mouth and get away from this forum
It is impossible that A-team escape away to any FPSO competitors, all keys are aware of their disgrace action.
They only go back Chennai for fishing
"CLEAN" Management!
2015-01-22 10:20 | Report Abuse
Q4, 2014 report in what colour "red or green sooner will be announced ............... all project overrun cost due to A- team
tshwong will cry & loss your underwear ........
2015-01-22 07:47 | Report Abuse
Top gun A -team has close relationship to oil tech that generates few Millionaire to A team and site team leader;
Poor Armada, Poor public malaysia, Poor UT.
By using oiltech and few companies set up linked oiltech to supply manpower to armada
Any reason behind hiring LEAD HR holding Indian passport about talent resourcing and also, a lot Indian site team and engineering team well connected
Chan , BOD, UT, it is time to clean these virus for goodness to armada and Malaysia economic
Posted by nirvana A-Team Top Gun might sack !!!! Big black hole is Oil tech Engineering India linked to armada; BOD shall question this in detail
21/01/2015 12:17
2015-01-22 07:38 | Report Abuse
Posted by kilsnk a lot projects at huge loss but not reported.
all shit created by A team
Armada Claire loss xxx mil USD.
RTM mooring problem
topside problem. client but a huge claim now.
Armada Claire surely be another Ningaloo vision which killed prosafe production in 2010.
c7 mooring system seriously deign problem. Mooring load seriously under estimated. Riser system as well in big problem. 3 months cant hook up. Mooring lines broken. Risers damaged.
ONGC no accept c7.
More disaster on eni job emerged. Eni turret at a total disaster.
Kraken as well ….
A team really made Hassan suffer. Hassan brought in. but they created so many disaster forced Hassan been kicked out by Board.
Huge finding in auditing. 3D animation before CNY.
Be seated and watch good movie.
2015-01-21 14:40 | Report Abuse
Latest hot new,........Armada Claire one year delay - now Liquidated damages claim is USD200m... Captain HB resign or sack.....It is another question .
All black holes will be found through on-going audit
UT and Chan act and think wisely for goodness
2015-01-21 12:49 | Report Abuse
WHERE upupshare ....Minum susu dalam rumah..... tak ada muka cakap
Where is first oil of c7? Good luck to BOD & investor! It is already 3 months from 26th sailaway.
No news on Armada Sterling II announced on any media
It is time "UBAH" clean Ebola A- team for Malaysian
Posted by Upupshare Stock: [ARMADA]: BUMI ARMADA BERHAD
Oct 27, 2014 01:13 PM | Report Abuse
Armada Sterling II sail away from Keppel on 26th..
2015-01-21 08:25 | Report Abuse
Chan CB, UT WAKE UP ....it is time " UBAH"; clean up Ebola virus A team...
A lot of black holes inside it
2015-01-21 07:56 | Report Abuse
http://www.ifrasia.com/loans-bumi-armada-finalising-us$750m–$800m-kraken-refi/21181500.article
Armada encounters financial challenge due to A team competence, Kraken project overrun due to A team, wrong donor vessel for harsh environment and now thousands of new steel are required for hull
One year delay on Armada Claire first oil; Now, great impact caused by Cluster 7 ??? When will be first oil due to turret design & hook up problem by A team.
Eni worried on large unproven turret.
Armada struggling cash flow now.
Issue is top guy A team has own greedy agenda
2015-01-19 16:03 | Report Abuse
How about C7 turret problem due to A- team ebola virus
2015-01-19 08:15 | Report Abuse
Where's upupshare !!!...Tidur and minum susu dalam rumah......tak ada muka.....cakap banyak and bohong banyak ...tipu banyak
Whole world & forum are in discussion; C7 will be another failed project again due to unproven A-team??? WHEN will be first oil of c7 due to mooring and subsea damaged. it is similar like Balnaves one year delay
Time to change management. Clean up all Ebola virus.!!!!
2015-01-19 08:06 | Report Abuse
Posted by nirvana
Bad karma continues return to those cureless people.
Someone at top has own personal & greedy agenda linked inside ARMADA,
Dirty game inside Oil Tech Engineering India owned by someone's brother in-law, well-connected to engineering department. Popular known procurement department full with dirt agenda; manager could drive luxury car and wear decent watch
Magic 3-D audit is on-going as it is public listed Malaysian firm, poor to Malaysian public . Time to change, clean and smart management
17/01/2015 11:50
2015-01-17 08:41 | Report Abuse
Now, eni worried about unproven huge external turret due to Ebola virus by Singapore A - Team. So far A-team has no any successful stories – one year delay Balnaves, Now C7 turret is in Deep Shit and whole world is in discussion. Head A-team keeps approach yinson through his best contact and run away from C7
Senior project manager T&I that joined less 2 years already resigned because c7
It is impossible that A- team can manage this eni turret.
2015-01-16 15:56 | Report Abuse
Latest info, Senior GM T&I Ex BW was scary, resigned and run away from Cluster 7 turret.
Whole world knew A-team created turret design problem
2015-01-16 13:51 | Report Abuse
Outbreak of Ebola virus “A-team” inside Armada bites company & CEO; HR department still requires foreign chief HR who manages talent resourcing. Shock!! Another puzzle???
Also, there has NO “Balance" & Quota of employee race who is working inside the company
CHAN CB, it is the time to clean up the company dirt; everywhere change anytime for goodness
2015-01-16 12:47 | Report Abuse
SMART Company engages lean brilliant team / people to deliver project on profitability.
It is good time Chan and UT consider of 3P’s - People, Profit & Planet approach on Armada and Please bear that it is public listed Malaysian firm. Nowadays, PETRONAS is not interested to support Armada
2015-01-16 12:15 | Report Abuse
Already well seated to watch interesting now.... Any news on Singapore Office and A-team caused company in Deep Problem from profit to under-performing regardless many projects on-going.
Any reason behind hiring a Chief HR Indian passport, Unless Malaysia has no talent HR pool in the market and also, it is public listed Malaysian firm
2015-01-16 11:57 | Report Abuse
tshwong........Please wait and see....u ask arwen eowyn as well. THINK WISELY.... Is it reality that Captain HB jump off from Armada because of family
Latest info, Armada wants to sell out OSV NEW Build to market now, cut down their spending ??? WHY
Posted by arwen_eowyn found that Armada's operational costs for its current projects are budgeted based on USD 80/bbl brent crude prices. Now that oil prices are coming closer and closer everyday to USD 40, it means that they are losing money. However, the madura project was budgeted at a lower oil price of USD 60/bbl as the deal was concluded during the oil price decline so the drop in oil price has been priced in. But Madura is still at project stage so no production yet. It takes two years for the project to materialise from now. All the current projects that are running... are running at a loss. Also, it is prudent to check on Usaha Tegas Sdn Bhd financial standing who are behind the Bumi Armada. Any comments from anyone on Usaha Tegas's financial standpoint?
2015-01-16 09:33 | Report Abuse
A-team made eni block 15/06 scary and worried. A lot of rumours spread to ENI.....Big turret much impact to eni
WHERE is supporter of A-team, upupshare ......
Posted by oilguy75 Karma- There will not be any chance off any A- Team members moving into YSP. Worse case the A- TEAM may set up their own New Fishing Company back in Cheenai Waters.
15/01/2015 12:14
2015-01-16 07:38 | Report Abuse
rumours that HEAD "A-team" would like JUMP from Armada that creates project failure one by one and approached his best contact "Mr K" Yinson...
ENI worried that big turret problem designed by Armada now ?????Houston based turret supplier laugh now
2015-01-16 07:34 | Report Abuse
market rumour continues keep discussing Q4 result will "RED" due to "A-team" . Captain HB and his trusted right hand man JUMP from sinking Armada. NEW CEO Wake Up
Posted by arwen_eowyn found that Armada's operational costs for its current projects are budgeted based on USD 80/bbl brent crude prices. Now that oil prices are coming closer and closer everyday to USD 40, it means that they are losing money. However, the madura project was budgeted at a lower oil price of USD 60/bbl as the deal was concluded during the oil price decline so the drop in oil price has been priced in. But Madura is still at project stage so no production yet. It takes two years for the project to materialise from now. All the current projects that are running... are running at a loss. Also, it is prudent to check on Usaha Tegas Sdn Bhd financial standing who are behind the Bumi Armada. Any comments from anyone on Usaha Tegas's financial standpoint?
2015-01-15 14:36 | Report Abuse
Chan & UT never wake up, this Ebola virus caused by A-team made armada in very hard time sooner. Q4 will be in “red” among market discussion
Company transformation & restructuring are becoming a best medicine to cure this virus. Learn from new leader from India & Indonesia election, country change for goodness
This A - team is famous of company killer to cause FPSO suffering
2015-01-15 13:23 | Report Abuse
oilguy75, Head "A-team" keeps approaching yinson through his best friend contact's "Mr K"; yinson CEO already wake up and keep away from inflected virus like Ebola.
OSV Head armada already jumped off from armada.
NEW CEO WAKE UP
2015-01-15 08:42 | Report Abuse
Latest info about Armada, Hope YINSON up up
Armada business model is not sustainable.
FPSO sectors mainly depends get job in a much lower price. This will end up all projects will lose money in the end. In addition, the engineering capability is nothing compare to market leader.
CEO HB trusted management team are not sound and capable enough to support HB’s ambitious. Key personnel’s in the team have their own agenda in other close related company in India etc. they use armada as a platform to growing those company.
This team fail projects made armada profit keep drop for four quarters. These trends will continue. No surprise if see red in Q4 2014 or Q1 2015.
Finally, all report need pass audit. Play with account digital by postpone reporting loss will not last further.
In addition, Serious problem on OSV, T$I and too much rely on Russian in Caspian Sea area.
New business sector like Oil field service, Marginal field development so far no project at all. With PETRONAS cut CAPEX. These sectors confirm gone.
Armada indeed full of hidden problem. What will be the impact in final report 2014 after consider the engineering mistake, delay, cost overrun, penalty from client and etc. for armada Claire , armada sterling II cluster 7(C7) and etc.? Note armada still not able to come out a solution for C7 mooring under design issue. To make things worse, now the turret mooring system design problem cause hook up problem and damaged some part of system at offshore India. Its almost 2 months on site still cannot hook up. 3 mooring line broken.
2015-01-15 08:40 | Report Abuse
Latest news from market.
HEAD "A-team" that creates project failure one by one, plans to run to YINSON through his best contact
2015-01-14 14:16 | Report Abuse
Armada business model is not sustainable.
FPSO sectors mainly depends get job in a much lower price. This will end up all projects will lose money in the end. In addition, the engineering capability is nothing compare to market leader.
CEO HB trusted management team are not sound and capable enough to support HB’s ambitious. Key personnel’s in the team have their own agenda in other close related company in India etc. they use armada as a platform to growing those company.
This team fail projects made armada profit keep drop for four quarters. These trends will continue. No surprise if see red in Q4 2014 or Q1 2015.
Finally, all report need pass audit. Play with account digital by postpone reporting loss will not last further.
In addition, Serious problem on OSV, T$I and too much rely on Russian in Caspian Sea area.
New business sector like Oil field service, Marginal field development so far no project at all. With PETRONAS cut CAPEX. These sectors confirm gone.
Armada indeed full of hidden problem. What will be the impact in final report 2014 after consider the engineering mistake, delay, cost overrun, penalty from client and etc. for armada Claire , armada sterling II cluster 7(C7) and etc.? Note armada still not able to come out a solution for C7 mooring under design issue. To make things worse, now the turret mooring system design problem cause hook up problem and damaged some part of system at offshore India. Its almost 2 months on site still cannot hook up. 3 mooring line broken.
WAKE UP NEW CEO.........Clean up inflected virus
2015-01-13 11:59 | Report Abuse
Sydney,
SMART CEO, GO investigate, listen feedback from market and PERFORM REAL Audit starting from HR, Chief HR Indian passport holder......
Block 15/06, Houston turret supplier has kicked out by armada after finished FEED and promise to award!!!!
It was interesting that how armada to deliver big turret block 15/06 since c7 already in disaster.
A-team is inflected virus creates a lot nightmare to armada
2015-01-13 11:03 | Report Abuse
Whole oil/gas world discussed C7 turret disaster; mooring line and subsea damaged.
A-team with huge team can't deliver Project one by one , No project success and track records.
Eni worried now. Eni block 15/06 big turret will another big chapter sooner to hurt Bumi BOD and shareholder interest
NEW CEO , Chan and UT shall act wisely on inflected virus
2015-01-13 08:34 | Report Abuse
whole market spread words to everywhere on C7 turret problem.....sooner and later, there is impact on Eni block 15/06.
NEW CEO WAKE UP , CLEAN UP this inflected virus
2015-01-13 08:32 | Report Abuse
Posted by ogt8989 Armada hopeless. A-team create another disaster on C7!
C7 turret mooring subsea still no hook. Design mistake cause serious problem at offshore.
Turret subsea system mooring line and riser damage. Need long time to repair. No one no if ok after repair. First oil just a dream.
Pity so many losers in this counter. All in dreaming mood hope others lift price for them cut loss!
12/01/2015 16:06
2015-01-12 15:41 | Report Abuse
pdm172, Kindly appeal to Chan, New CEO .......think and act wisely. Find root cause causing profit drop after Q4 2013 from bottom level
PROFIT is business drivability and keep away Singapore "A team"; Hiring good people & team execute $$$ million project in order having sustainability long term
2015-01-12 09:48 | Report Abuse
WRY9876..........PLEASE read all past forum feedback & summarise it, ...it is just a customer feedback..."No improve" always stayed in same circle until no more BEST medicine cured this inflected VIRUS.
Project FAILED and OVERRUN eroded company profitability, impacting to stock pricing. Profit drop is from Q4 2013 , continues dropping ...WHY
WHY; no doubt that Q4 2014 result will be "RED
WE want armada up up up.
Captain HB bye bye
2015-01-12 08:52 | Report Abuse
Armada, public listed Malaysian firm used public Malaysia rakyat wang $$$$ to execute project.
"A-team continue failed project one by one (Balnaves, C7, Kraken), delivered design problem and hurt interest to BOD, public, EPF.
New CEO and UT open eyes, think and act wisely with remedial solution, from 3-D animation Audit
2015-01-12 07:32 | Report Abuse
oilguy75 PDM172, for your info lets say U are the new buyer regardless Ur from the same country, do u think u want to maintain the same A-Team who has created shityy to the current company. A wise fellow will surely bring in HIS own team rather then working with the spoiled viruses.....Think Think Think...........
2015-01-12 07:31 | Report Abuse
Posted by chgkl Armada business model is not sustainable.
FPSO sectors mainly depends get job in a much lower price. This will end up all projects will lose money in the end. In addition, the engineering capability is nothing compare to market leader.
CEO HB trusted management team are not sound and capable enough to support HB’s ambitious. Key personnel’s in the team have their own agenda in other close related company in India etc. they use armada as a platform to growing those company.
This team fail projects made armada profit keep drop for four quarters. These trends will continue. No surprise if see red in Q4 2014 or Q1 2015.
Finally, all report need pass audit. Play with account digital by postpone reporting loss will not last further.
In addition, Serious problem on OSV, T$I and too much rely on Russian in Caspian Sea area.
New business sector like Oil field service, Marginal field development so far no project at all. With PETRONAS cut CAPEX. These sectors confirm gone.
Armada indeed full of hidden problem. What will be the impact in final report 2014 after consider the engineering mistake, delay, cost overrun, penalty from client and etc. for armada Claire , armada sterling II cluster 7(C7) and etc.? Note armada still not able to come out a solution for C7 mooring under design issue. To make things worse, now the turret mooring system design problem cause hook up problem and damaged some part of system at offshore India. Its almost 2 months on site still cannot hook up.
This window dressing rebound consider come to an end.
Time to take profit
Good luck
2015-01-08 12:18 | Report Abuse
"rectify along the time frame" could delay first oil production and hurt BOD and shareholder's interest. Burn $$$ million everyday ... Armada is just fpso operator, not field operator.
Advise Upupshare better stay, working in Non-Profit Organisation; when will be first oil of c7
New CEO would consider and make your wise decision to restructuring
2015-01-08 11:16 | Report Abuse
upupshare .... Jangan bisik sini dan tipu sini...
Sound known everything about armada
Any owner would like to pump in $$$ to means "rectify along the time frame" How such company can survive and afford to waste such resource of time and money to fix "rectify along the time frame"
New Captain think & act wisely
2015-01-08 09:00 | Report Abuse
Upupshare, jangan tipu sini semua pelabuk
…
Heard that one of Singapore A-Team who has created shityy to the current company will “bye bye” follow legal department footstep. Latest info and everyone aware of, C7 no hook up so far, pulled by few tugs, subsea flexible pipe already damaged. ????? turret design problem, not other contractor
agreed with oilguy75
A wise fellow will surely bring in HIS own good team rather then working with the spoiled viruses.....UT , new ceo Think Think Think bad team or good team to kill his ambitious ...........
2015-01-07 15:48 | Report Abuse
Team competency and experienced management are key of driving Fpso business. Unless new owner hopes to invest an under -perform company that continues bites business profitability and suicide himself
We are in business world.
Captain HB already bye bye
2015-01-07 15:25 | Report Abuse
pdm171 dan upupshare same kaki.
New CEO and new owner shall behave as business & result-orientated and focus on the way of maintaining profitability and company sustainability in long term run.
Think and work wisely
2015-01-07 14:23 | Report Abuse
upupshare,
semua pelabur di dalam forum memberitahu saya masalah c7... anda tentu mencipta masalah ini, kalau tak ada, mengapa berjelas ini
2015-01-07 13:22 | Report Abuse
upupshare ....mana awak ????
pls menjelaskan ini
oilguy75 Good afternoon guys.huhuhu....y la u all tensed now??? C7 is still not hooked up la.come on guys face it ........gone were the days of running around the bush and UT Group is no longer buying all the bull shit stories anymore.
As I said the 3D animation movie is yet to release soon and then all will know how many jINGBENGS will be asked to leave or worse then that.
Its time for a new management to come in. My 1 cent view will be a new buyer from India ...Speculations looks ahead like that . But who ever also this Spore A Team will be wiped out pretty sooon..............
2015-01-07 12:11 | Report Abuse
Upupshare
Awak tanyak "chgkl" , jangan gila sini, u diam lagi diam lagi
saya baca only.
tunjuk gambar c7 , tentu awak dari armada
Stock: [ARMADA]: BUMI ARMADA BERHAD
2015-01-27 07:45 | Report Abuse
Posted by oilguy75 > Jan 22, 2015 01:45 PM | Report Abuse
I know this is a forum for investment topics, Yet no harm in sharing information which is the TRUTH abt what is going around in BA right???? Anyway 3D Animation is forecasts to be release soon , so for a start i would suggest we replace the A-TEAM with I- TEAM !!!!!!!.
According to sources that has been gathered the I- Team is being very cold for the past weeks , unlike how they use to be. True that one of the TOP Gun tried to lobby Yinson, but he failed as YSP is well aware abt the current situation.
Bravo to UT Auditors who is grilling the BA Project Management team up, down , left & right.......
This should have been done long time ago which would have saved millions of $$$ of BA