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Price may remain sideway for today.

Strong take up PP... depending who are the placees and there could be strong uptrend, starting from tomorrow. I believe at least 30% upside within a month!

Just my 2 cents of thought. Trade with caution.

Good investors don’t invest in company rotten for 40,50 years. They see value and invest in company with potential, transparent, and with good management. Few qtr of bad results doesn’t mean bad as it needs time to clear the rotten egg sss before we could see the clear sky. In Armada we trust!!

The announcement is inline with Tun press released. Since it can limit up, I don’t see why it should limit down just because of today announcement. Anyway GL to all holders and Heng Ong Huat ah!

Maybank will cry foul if it were to be disposed at zero cost, but it seem most likely the case now. There is no local white knight, and I don’t think the gov will allow such plant to be owned by foreigner. GL MBB.

only 2 counters in my list are green.... no eye see today

Wel said by cold eye.... to share some of my views (1) reputable major shareholder, (2) operating profits and positive operating cash flow (3) BA is too big a project to fail. Lender will have no choice by to extend, there is no way for the lenders to claw back their full money if they demand for payment. Breach of covenant is just a technical term, and for the lenders renegeotiate for better terms. I believe the lenders has a good views of BA Jan-Mat performance. That’s the reason for them to extend the default payment to April so that they have a good gauge. (4) crude oil is on the rise and with better utilisation,numbers would be great. (5) there could be more than 5 times return base on current share price within a year.

Base in the above analysis, I have vested into BA, but be caution as execution will be key for the company to perform. Don’t put all eggs into one basket as crude price is very volatile, a Twit by you know who may cause it the oil price move.

Just by 2 dents of thought.

@ Mabel, yes it will be good for AK but not for those who bought at high price, but this is how the game is being play. Now is just the beginning of recovering, results not shown yet, massive losses in previous quarters, low NTA, debts issue etc... so is the best time to do it, if there is an intention.

I have a feeling privatisation is on the card.

high class kopi...

lai liao lai liao....

Can’t submit trade using Maybank in afternoon... so sad

anyone experienced trade submission issue using Maybank?