3months waiting period. Retail investors trapped at 75-79cents will have to wait for 3 months.

Going up or down depends on our King of Punters EPF big boss...

Look like a new bullish trend is confirmed. Heading towards RM1.40 by year end.

Panic selling is coming tomorrow. Retail investors will be caught buying high 0.75-0.79, then sell low tomorrow to 55 cents. Buy high sell low is typical of retail investors...

Waiting at 55 cents....come on....fund managers will try to kill off retail investors. Panic selling is coming....

Insiders have seen the reports earlier than any one of us. Technical charts show insiders are selling shares crazily. Indian Tycoon quickly resign as he cannot earn money in this company. All these are bad signs that the financial reports are very bad.

I repeat, downtrend....retail investors left buying high, puntering fund managers are running away

Insiders already know the financial reports. They goreng up to 79 cents. They know the report is bad so they delay release of the report so that they have time to sell their shares to retail investors. Next Monday when the results is released it will be shockingly losses...Puntering fund managers sell and exit now. Only left retail investors holding the shares at 75cents to 79 cents. When it is dropping all the way to 65 cents, will you dare to buy or not?

90% of the rally has already completed by now. Late comers will be stuck holding Bumi Armada shares for at least 3months. EPF and fund managers punters will be cashing out in prolonged consolidation mode. If financial reports are bad, see you at 55 cents. Waiting there.

Short term high volume double top and shoulder. Be careful

Downtrend.

Time for another profit taking

0.69 cents profit taking, expected

0.69 will become next resistance profit taking level.

That is why it must break 66cents convincingly. Otherwise next week buyers will disappeared then drop back. Only insiders know whether they are playing up to the financial report or trying to trap retail investors at 66cents. However if you believe Armada will reach 1.40 by December 2017, then you just buy and hold, then EPF cannot scare you to sell your Armada shares to them.

It cannot move far until this "financial report 2016 Hugh losses are out". That is the main reason why it's share price cannot move up much, because bad financial report.

The fund managers are waiting to sell to retail investors. This is called "fake stability".

Exactly, the financial report must be very lousy. Insiders are selling now. Are you still holding? Sell now buy back at 55 cents

I think EPF is trying hard to push it down before financial report release. Right now those insiders already know the bad financial report. So they will push down hard sell sell sell until the release of financial report by end of February. So the best short term strategy is to sell now, buy back at 55 cents and below after financial report is out. Then after that it will go up to RM1.40 by end of December. For long term investors, just buy now and keep there sitting no need to sell.

Time to enter to collect.

Indian government is trying to catch Ananda Krishnan hiding somewhere in Malaysia.

Yinson was chosen but the contract still needs to be negotiated by April 2017. Look like this FPSO project has very low margin so it is better not to take it up. Waiting for cash flowing nonstop from 4 FPSOs. 3 already generating cash flow continuously.

Failed Ca Rong Do FPSO

Those puntering fund managers do not want you to buy at 0.615, but they want to sell their shares to you at 0.62. That is why you see Millions queuing there.

Everyone is watching Trump inauguration tomorrow. Good if many punters sell and exit to the sidelines, especially EPF puntering fund manager.

After this consolidation, it will go to 0.70. Buy and wait.

Evil of all is Trump. He is inaugurated on this Friday.

Armada Olombendo and Armada Madura are generating free cash everyday from now on. Just buy and keep. Sit and wait. No need to sell.

FSU Malta from Armada Meditteranea--> RM208,333 per day cash( excluding operating cost and interest expenses, USD1 to RM4.5). Assuming 10% margin--> RM20,833 per day net cash= RM7.4million cash net per year.

Armada Kraken is stuck at Rotterdam Port. Exact reasons unknown to the public. North Sea got some problems recently.

Too many punters entering this counter, hard to go up.

Ignore all these punters fund managers, buy and keep. Those punters fund managers will scare you so that you sell your shares to them. After that only they push up the price.

This is called sector rotation. Ringgit is strengthening crazily, along with renminbi. All foreign funds and punters are forced to buy up emerging markets equities. With crash in dollar values, oil price will jump to USD70 very soon. This is bullish factors compounding on each other. Buy and keep. See you Bumi Armada at RM1.00 in 3 months.

Too many short term investors in this counter. Hard to go up kena trapped easily. However just buy at 65 cents, do not sell so that in 1 year RM1.40.

Just buy do not sell. This year 2017 it's profit will double, so it's share price will double to RM1.40. Now still very cheap.

Nigeria government has made arrangements with oil majors to restructure their defaulted payments over decades. That is why Nigeria is increasing its oil exports to get money to pay the debts, including payments to Bumi Armada FPSO service. Nigeria is exempt from output cut for that reason.

Buy 60 cents and keep, do not sell. Armada will only go up to 70 cents 3 months later not now, unless got news on Armada Claire, new FPSO projects, Nigeria payments and so on...

Failed 0.62 again multiple times...

Permodalan Nasional Berhad has sold all 5% shareholding at 62 cents, cease to be substantial shareholder.

Ringgit keeps dropping, oil price failed to test resistance USD56 multiple times due to extra strong US Dollar. This will affect Bumi Armada share price due to hugh USD denominated debt. This is stopping Bumi Armada at 62 cents strong resistance.

62 cents resistance hard to break. Failed multiple attempts today.

Remember, multiple resistance level at 62 cents 64 cents 66 cents 68 cents 70 cents. Not so happy yet. Need some triggers or hot news.

Lots of resistance from 62 cents onwards. Bull bear battle line at 60 cents. Many retail investors bought when it crashed down hard from 70 cents to 62 cents. Many are taking profits from 50 cents to 60 cents. Year end coming many want to take cash out by selling shares...Ringgit keeps dropping, USD keeps rising, oil price stabilising at USD 50 above. Technical chart said overbought at 60 cents. If you buy at 60 cents, keep until next year la. If cannot keep, sell and cash out go enjoy Christmas!

Doji pattern coming out now at 60cents. Lots of heavy sellers at 62,64,65,68cents. 65 is the heaviest resistance. All eye on the US Fed rate hike decision tonight at 2am. At 60 cents, 50% up, 50% down. Stay tuned!

How to play US Fed Yellen rate hike? Sell today and tomorrow at 60 cents. Thursday midnight 2am Yellen will say rate hike. If Thursday USD down, buy in... If USD up higher sell all and see you market in 2017 after Trump goes into office. Right now, 50% chance go up and 50% chance go down. Put your bet for trading wisely. Good luck!

Sell before US Fed Yellen hike interest, buy after US Fed hike interest. Good move!

Oil price USD60-70 is good for offshore exploration. Actually USD has already jumped more than 13%, so at oil price of USD60, it is actually same as oil price USD60x113% =USD67.8 in 2014. Now some asset impairment write down will become asset revaluation up. So no play play for share price in 2017. Grab the shares now at 50-70 cents and then put them in place, go enjoy and come back in May2017 later. Election also coming next year.

Permodalan Nasional Berhad bought 5.5% of Bumi Armada shares on 06 December 2016 at one go at 56-57 cents per share, emerging as substantial shareholder overnight.

Unlikely to break 0.59 today. Wait for 1-2 weeks

It should be a nice V-Shaped recovery to 0.70. Now waiting for 3 FPSO projects approval. By 31 Dec2016, old bad financial year will be gone.