Longterm chart-wise, GENM still going South.

See you at RM2.00 support level. :)

My opinion:

Hold onto your horse. 15sen is the bottom where the sharks are accumulating.

At this bashed down price, any negative QR will not likely make the price to plunge way down below 15sen.

BUT if QR report is positive, Armada could fly like Dayang or Petra. :) :)

Posted by ChristianTan > Feb 27, 2019 01:44 PM | Report Abuse

Pearlwhite, Kuku jiao punter & 1099,
What is agenda behind that you all keep on asking ppl to sold off Armada share?
27/02/2019 13:40



My comment: They are crooks, bandits, vultures, crocodiles, immoral
At 19sen, many still holding IPO price are already practically dead. Those who bought at 70sen to RM 1.0 also 80% dead.

They still wanted these almost deasd shareholders to dispose their share to them. Hope krama will eventully come to them.

mikebill, you can adjust the number of shares to determine whether you can stomach a loss of 25% to 50%.

For an investment of 10k: 25% to 50% loss is 2.5k to 5.0k
For a investment of 1.0 million: 25% to 50% loss could be huge to you. A loss of 250k to 0.5 million.

Just adjust you investment to your risk tolerance.

Lets make some logical analysis:

For Technical Analysis:
Short term market is Random.
Long term, there is high probability to know where the trend goes.

My humble interpretion:
Armada most likely had found a bottom around 15sen. The current price of 20sen is not far from the bottom.

If you accumulate at 20sen, a drop to 15sen means a loss of 25%. Even if it plunge down to 10sen, it means a loss of 50%.

Most likely the right issue is a non event. When the market realised that, Armada could shoot up to 50sen - 70sen. A HUGE gain of 150% - 250%. What happen, if it shoots up to RM1.00? We call it, the the potential of upside gain is much more than downside loss. This is a classical technique of positioning yourself for LONG-TERM gain.

Anything can happen.
You could loss 50% or at worst 100% but you can also make a huge gain of 150% to 250%.

The decision is yours. Make sure you can afford the loss. :)

Still holding my buy shares as my technical signals are still buy signals. No sell signal yet.

Maybe tomorrow could be a sell signal? Will to bet my buy signal as the downside is limited. Upside could be potential.

Best of luck.

Those who buy Armada, make sure you know where is your cut loss level.

QR coming out soon. It could gap down if the report is bad.

Technically, both weekly and daily are buy signal.

Hope the QR is positive.

Miss the chance. Too impatient. Took the sell 0.21sen earlier. :(

Calm before the storm.

As Armada has been bashed down to such a ridiculous low price, the storm could be a big gap up.

Anybody manage to buy at 0.205 sen?

So far, anybody manage to buy at 0.20 sen?

InvestorKing, I don't know Armada will limit up or not.
If I know, I will be God.

Stock market trading is based on probability i.e. technical analysis.

My technical analysis is bullish on the O&G counters. The crude oil price is also bullish.

Armada is a pure O&G counter. As such, Armada price should move up sooner or later. Later is better, so that we can have chance to collect more before it shooooooot up.

InvestorKing, no point queing at 0.205 when the O&G counters are getting hotter and hotter.

Just take the seller price. The downside is small but the upside is huge. We miss the boat on Dayang, Petra....

Herd mentality is very powerful.

Like all O&G counters, they had been bombarded with negative news for a few years.

Just have to wait for one or two positive news, Armada will shoot up instantly. Just like Dayang, Petra, ......

armadatuah, I also tried many days queing at 0.20 with no result.

With O&G counters getting hotter by the minutes, queing at 0.205 could be useless.

I already eat the seller at 0.21. Just keep my finger cross and hope Armada QR is good.

Posted by mikekim > Feb 25, 2019 11:53 AM | Report Abuse

There's not going to be RI at this share price.

If they wanted to do RI, they would've done it earlier when share price was around RM0.80+ and get 4-5x more money.

Management clearly knows that they would have impairment charges in Q2 and Q3 2018, that's when the share price tanked from RM0.80 to RM0.15.

There's no logic for them to announce 2 large impairments, and then only do RI at such a low price.
Well, I guess although management is lazy, passive and secretive, they are not stupid and retarded at least.

My Comment: mikekim, you analyss is very logical.
Final conclusion, RI should not be on the table. One extremely negative news is dead. CIMB report of 70% chance of RI is just bul shi

LeslieGoh! you appear again from no where.

Armada may tank with you around. :)

Anyway, you come to realise collecting at 0.18 should be impossible.
With O&G getting hotter by the minutes, you may need to take the seller price fast before Armada follow the O&G sentiment.

By the way, technically the weekly and daily charts are indicating buying signal. Strike fast before you miss the boat.

EPF cost could be around 1.00 to 2.00
It don't make sense for EPF to dispose Armada around 0.15 to 0.21

Most likely EPF loan the shares to Shorties to collect some fees.

Our cheerleader LeslieGoh no longer cheering Armada. Most likely give up this counter.

Our Shortie 1099 also very quite. Maybe had collected enough and getting ready to pump up the share soon.

By the way, weekly and daily charts indicate BUY signal. The upside potential is more than the downside.

Furthermore, O&G counters getting stronger and stronger. Good sign for those who are still holding Armada. :)

Huatexpert, by the time the result is out...
You may be too late to buy if the result is positive.
But if the result is negative, you will also miss the boat to short.

One have to make a calculated judgement based on technical and fundamental analysis.

No risk no gain. Just make sure you don't risk more than you can afford.

As for me, my decision is to accumulate before the result is out.

By the way, short term market is random. Anything can happen. You don't need to know everything to make money in the market.

Anybody manage to buy 20sen?

Weekly chart shows Armada still a buy candidate.
Daily chart, Armada moving into oversold zone soon. Time to collect? Your guess is as good as mine. :)

By the way, short term, market is random. Anything can happen. There is no sure thing.

If you buy, make sure you have an exit strategy. How much are you willing to lose without feeling too stressful.

You only make money when you sell not when you buy. Don't count the chicken before it is hatched. :)

SuperPanda Thousand apologies
:)

"Posted by SuperPanda > Feb 22, 2019 01:00 AM | Report Abuse

and some made buy call everyday at destini but price never up also... so dont talk like a pro when your pick the same rubbish

Posted by SuperPanda > Feb 22, 2019 01:04 AM | Report Abuse

and if later armada moves up and destini moves nowhere, then we will hve the fun begins"


Good Morning SuperPanda - I hope your above postings are not referring to me.

If there are, pls be informed, I have not mention anything about Destini let alone trying to to make a buy call everyday on Destini.

By the way, how do you accuse me on the Destini bad call? Pls show proof.

For your information, I am just a small time investor/trader trying to make some money in the stock market. My decision is based on 80% technical analysis and 20% fundamental.

I just wanted to contribute my experience and only become active for less than a month in this forum.

Every quarters Armada has impairment loss. They need to write-down gradually. As such most likely there could be impairment loss.

If another huge impairment loss, it will be negative.

Hope it is smaller than the previous one. Then it is good news.

When Leslie stop cheering the market up, it means he/she has throw in the towel and move on to other stocks.

At that point, most likely the Shark may start pushing the market all the way up. :)

One word of caution, the Shark can also artificially create a "Last Engulfing Bottom" pattern and later short all the way down to 0.15.... before moving up is quite possible. Most likely 15sen is the Shark accumulation level.

If you are willing to keep for 1 year duration, buying at around 21sen is safe. Opportunity for HUGE HANDSOME CAPITAL GAIN 1 year down the road is a great possibility.

Just for your information: MHB had big losses in fourth quarter. After announcement on 13th Feb., the general public was very negative and started selling. Price drop slightly. From there shoot up all the way to around 20% as of today.

Big Sharks always against the general public. When the general public is selling, they are buying and vice versa. This is why 85% of the people losses money in the stock market.

If Armada 4th quarter announcement is negative, price could gap down. It created a candlestick pattern called "Last Bearish Engulfing Bottom". That is, the price has bottomed out and from there it could move upward for a big capital gain.

Final conclusion: Unlikely the Right Issue is on the Table

At 13sen RI, shark will be buying up all the cheap R where others not subscribing. AK will not have the chance to mop up all the unwanted Right.

He could end up facing potential hostile takeover of his company at cheaper price. The shark could later break up the company into small pieces and sell them at higher price.

My opinion: Dump first and Pump later strategy in progress.

Left Hand going to the Right Hand.

The Left Hand is shorting the shares but the Right Hand is supporting the price at lower price. Both Hands belong to the same syndicate. Net result is collecting more shares at the lower price then selling at higher price.

Just for your information. Below is extract from part of CIMB report.

“We slash our target price to 30 sen, based on a 70% chance of a rights issue at 13 sen, and 30% chance of a business-as-usual sum-of-parts valuation of 70 sen,” it said on Thursday.
CIMB Research maintained its Add call since upside is more than 10%, but highlight that the share price may be volatile given the risk of a potential rights issue.

My comment: Their target price is 30 sen, based on a 70% chance of a RI. This is extremely unlikely.
Their TP price is 70 sen for 30% chance of a business-as-usual sum-of-parts valuation.

Most important, CIMB still maintain its ADD CALL.

Please study their statement and make your decision on this.

My decision is add more and wait for big capital gain sooner or later.
Reason: The downside is limited, but the upside is HUGE.

CIMB report is based on WORST CASE scenario. This is very unlikely with oil price bottoming out and moving North.

Most likely, their objective is to create panic for their syndicates to collect the shares at lower price.

Another option is to take his company private. Most of the existing shareholders are unlikely to agreed to sell their share at RM0.13 to RM0.20

He may need to offer higher price between RM1.0 to RM0.70. At this offer price, the original shareholders still have big losses as their IPO price was RM3.03

Right Issue at this rdiculous low price of RM0.13 don't make sense.
The IPO price was RM3.30. AK cost could be around RM2.0 to 2.50.

If RI at RM0.13, AK cost after right issue could be around RM 1.07.

Sharks coming in at RM0.13 cost could easily take control of his company soon. He is better off, selling his company.

He is a billionaire and with his ego, it is very unlikely he will sell his company.

Just buy Armada at this low level and keep it for big gain (100% plus) within 1 year.

My opinion: 0.50 to 0.70 is achievable.

For your information, EPF investment is normally long term.

Don't get panic when you see EPF disposing and acquiring shares frequently.

My opinion: EPF reports on disposing shares does not mean EPF is actually selling its holding in Armada.

Most likely, EPF just loan their huge holding on Armada shares to the short sellers via broker firms, etc. EPF can generate extra income by lending it shares instead of leting it sitting idle.

When short sellers wanted to carry overnight their short position, they need to borrow the shares from someone. If EPF loan the shares to the short sellers, naturally it is recorded as EPF is 'deposing' the share.

Short sellers have to cover their position (maximum within 6 working days) and it will be transfered back to EPF. This time EPF is recorded as acquiring the shares.

Armada is very unlikely to default on their loan. With AK backing, the debt restucturing should not be a big issue.

If you have extra cash, collecting at this price level of 0.225 is no brainer.

In my humble opinion, TP between 0.50 to 0.70 withing one year time should not be a problem.

Don't miss this golden opportunity.

Posted by Huatexpert > Feb 13, 2019 01:36 PM | Report Abuse

What is the biggest risk for armada, announce right issue share to reduce debt..
At this moment, there is still no news on payment for short term debt with banks.
Quarterly result coming soon. Hope that no surprise as last Q.
Armada could has write off for omv segment..no job for armada constructor yet.
My Comment: Don't make sense to have RI at this low price of 0.225. AK need to issue huge amount of rights to pay the short term debt. If I am correct, I read somewhere in the news, AK did rule out any potential RI.

My opinion, good to accumulate at around this price 0.225. Big capital gain within 1 year.