by stockraider > Jul 16, 2019 10:33 AM | Report Abuse
Armada is truly a value stock mah...!! ============
when people says he is a value investor.......the stuffs that get into my head are...............low PE, high NTA, very conservative, very kedekut, boring stuffs with little volume and no interest, and mostly no movements like Insas.................
by stockraider > Jul 16, 2019 10:33 AM | Report Abuse
Armada is truly a value stock mah...!! ============
when people says he is a value investor.......the stuffs that get into my head are...............low PE, high NTA, very conservative, very kedekut, boring stuffs with little volume and no interest, and mostly no movements like Insas.................
another image that comes to mind when talking about value investors is that value investors stocks are accountants dream stocks.............Armada with its high borrowings it not likely to come under the radar of a value investor.............
Armada a truly quality company and about same standard as Yinson loh ??
1. It achieved the latest same qtr profit as yinson. 2. It has slightly lesser gearing compare to yinson 3. It has more fpso than yinson 4. Armada revenue is twice of yinson. 5 Armada equity is twice of yinson.
MOST IMPORTANT INVESTMENT PREPOSITION : ARMADA is 7 times cheaper than yinson.
Armada is a good contrarian play, one of the best. Stock fallen from $ 4 to 20 sen........billions written off, billions of loan liabilities, bankruptcy risk....but to a contrarian, game not over yet, there is hope yet, still winning projects............turn around plan based on monetisation of assets is a possibility.
Posted by stockraider > Jul 16, 2019 10:51 AM | Report Abuse X
Armada a truly quality company and about same standard as Yinson loh ??
1. It achieved the latest same qtr profit as yinson. 2. It has slightly lesser gearing compare to yinson 3. It has more fpso than yinson 4. Armada revenue is twice of yinson. 5 Armada equity is twice of yinson.
MOST IMPORTANT INVESTMENT PREPOSITION : ARMADA is 7 times cheaper than yinson.
Posted by qqq3 > Jul 16, 2019 11:07 AM | Report Abuse
Armada is a good contrarian play, one of the best. Stock fallen from $ 4 to 20 sen........billions written off, billions of loan liabilities, bankruptcy risk....but to a contrarian, game not over yet, there is hope yet, still winning projects............turn around plan based on monetisation of assets is a possibility.
and also the Australian court case... bring in RM1 bil if wins
Posted by qqq3 > Jul 16, 2019 11:07 AM | Report Abuse
Armada is a good contrarian play, one of the best. Stock fallen from $ 4 to 20 sen........billions written off, billions of loan liabilities, bankruptcy risk....but to a contrarian, game not over yet, there is hope yet, still winning projects............turn around plan based on monetisation of assets is a possibility.
Correctloh...on Australian court case Armada will surewin, but it all depends on how much loh....!!
The range of compensation is from Rm 300m to Rm 2.2 billion but the irony, is that the mkt value this case not only zero value but negative Rm 500m loh...!!
Surely this add to Armada huge undervalue turnaround opportunity loh..!!
Posted by Icon8888 > Jul 16, 2019 11:13 AM | Report Abuse
and also the Australian court case... bring in RM1 bil if wins
Posted by qqq3 > Jul 16, 2019 11:07 AM | Report Abuse
Armada is a good contrarian play, one of the best. Stock fallen from $ 4 to 20 sen........billions written off, billions of loan liabilities, bankruptcy risk....but to a contrarian, game not over yet, there is hope yet, still winning projects............turn around plan based on monetisation of assets is a possibility.
“There will be an initial judgement [on the claim] in the fourth quarter of 2019. Then there will be a period for appeals, as we understand the legal process,” said Christenson, hinting of a longer timeline before Bumi Armada can receive the compensation even if it wins in court.
(S=QR) Philip 1893 posts Posted by (S=QR) Philip > Jul 16, 2019 2:46 PM | Report Abuse
“There will be an initial judgement ===========
that is icing on the cake.......the attractiveness of this stock is that any good news, this stock will response with a force. Expectations are low and not taken into account its new investments.....next results, same as last results, the stock limit up one..............
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Posted by qqq3 > 2019-07-16 10:03 | Report Abuse
Armada, Jaks, Ekovest, Teo Seng..............these are not your classical value investor stock picks.....................
These are also not your classical long term investor stock picks ala Philips.
This is a stock pick of a speculator/ trader.....Armada and Ekovest consistent high volume/ high interest in recent months.