Posted by jjohnchew > 2020-03-03 14:28 |

Post removed.Why?

Posted by Mabel > 2020-03-03 15:15 | Report Abuse

See i told you oledi..

My Armada with 11.5 billion debt plus many many negative things you posted can still give 3 digit margin... sitting comfortably at P2..

Just imagine the potential Scomies can do once her issues is resolved..

Think long term my dear...

Meow...

Posted by jjohnchew > 2020-03-03 15:49 |

Post removed.Why?

Posted by jjohnchew > 2020-03-03 15:50 |

Post removed.Why?

Posted by jjohnchew > 2020-03-03 15:51 |

Post removed.Why?

Posted by Superb99 > 2020-03-03 16:26 | Report Abuse

0.18 only

Posted by mukhriz02023 > 2020-03-03 16:43 |

Post removed.Why?

Posted by Superb99 > 2020-03-03 16:56 | Report Abuse

0.18/5=0.036

Posted by Mabel > 2020-03-03 17:27 | Report Abuse

I say JC..

Who is the real blower here?

I don't smoke cigar...

I don't make this.. O O O.. Smokes signals..

Don't forget to drink Orange Juices..

You need lots of Vitamin C.. to think straight..

Meow..

Posted by Mabel > 2020-03-03 19:55 | Report Abuse

Here's some facts since my JC still wants to talk about Armada. One of my motivation for keeping Armada in my collection of Battleships is because of it's the only ship with FPSO capabilities and you know very well that FPSO is a growing business and not dependent on Malaysian Business. Armada is a Global Players.

So I actually have two choices...Armada and Yinson..

Orderbook: Armada(17.5+10Bil), Yinson (est RM40bil)
Core Profit - 53mil - RM90.9mil (Can check the IB Report)
PE : Armada(0.31/0.04 = 7.75X), Yinson (7/0.2216 = 31.5X)
Price to book value : Armada (0.3/0.55 = 0.55X), Yinson (7/1.58=4.43X)
Current Ratio: Armada (2.24/2 = 1.49X, Yinson (2.27/1.25 = 1.86X)
Total Ratio: Armada(14Bil/9.5 = 1.47X), Yinson (9.5/5.58 = 1.7X)

This 2 company quite similar. If u don't like the debts, you discount 50% from Market Cap. Armada at least worth RM4bil at 60sen. If you don't want discount from market cap. Discount from 70% from earnings, at PE 12 is 48sen. Yinson can go buy premium. Come to Armada, discount this discount that.

Facts, from balance sheet. If this Gary the CEO can just focus on FPSO and sell the stupid OMS, Armada wouldn't be in this mess. So in this trade, it's all about patience...

Meow..

Posted by Mabel > 2020-03-03 19:57 | Report Abuse

@Superb99 0.18/5=0.036
03/03/2020 4:56 PM

Congratulation..

Meow...

Posted by Want2Win > 2020-03-03 20:09 |

Post removed.Why?

Posted by T800Terminator > 2020-03-03 22:05 | Report Abuse

0.13 is a good buy. I insist.

Posted by Mabel > 2020-03-03 23:05 | Report Abuse

Cheers Guys,

Do the Hustle..

https://www.youtube.com/watch?v=V3kE0rvAJhM

Compliments from Mabel’s Body Shops

Meow..

Posted by jjohnchew > 2020-03-04 09:02 |

Post removed.Why?

Posted by jjohnchew > 2020-03-04 09:02 |

Post removed.Why?

Posted by jjohnchew > 2020-03-04 09:03 |

Post removed.Why?

Posted by jjohnchew > 2020-03-04 09:03 |

Post removed.Why?

Posted by Mabel > 2020-03-04 09:56 | Report Abuse

@jjohnchew Why Mabel no more post in Armada..
04/03/2020 9:03 AM

I did make my analysis during the recent entrancement. Unfortunately, lately, there's been too many unproductive dialogue (Personal attacks between two groups) in that Forum. So I better put my energy else where.

What I do is to categorize my portfolio into 3 categories to priorities my engagements:

1. Buy and Engage - short to mid term
2. Buy and Hold - mid to long term
3. Buy and Forget - long term

Armada now has been upgraded from Category 2 to 3. She is sitting comfortably on P2 with a 3 Digit Margin in my Armada Fleets of 13 Battleships. Her cost is very low so she can stand all the weather conditions on the high sea.

My Long Term TP for Armada is RM 4.55. Like I said many times, if Yin can do, so can Arma..

Meow..

Posted by jjohnchew > 2020-03-04 10:00 |

Post removed.Why?

Posted by Mabel > 2020-03-04 10:16 | Report Abuse

Yes...I can see that with very thin volume...

Let all the weak holders get off this ship..

Meow..

Posted by jjohnchew > 2020-03-04 10:17 |

Post removed.Why?

Posted by jjohnchew > 2020-03-04 10:19 |

Post removed.Why?

Posted by mukhriz02023 > 2020-03-04 10:27 | Report Abuse

Sayonara guys. Give reminder when the price at 11 cents previously.

Posted by beLIEve > 2020-03-04 10:44 | Report Abuse

@mukhriz02023 that's why you earned a lot lesser. i think many earned a lot by not listening to you, at the expense of people like me. buy at the right time and sell at the right time, you earn big.

Posted by mukhriz02023 > 2020-03-04 10:54 | Report Abuse

Are you Calvin in new user name? hahaha. So sad

Posted by jjohnchew > 2020-03-04 10:55 |

Post removed.Why?

Posted by jjohnchew > 2020-03-04 11:53 |

Post removed.Why?

Posted by jjohnchew > 2020-03-04 11:56 |

Post removed.Why?

Posted by jjohnchew > 2020-03-04 11:57 |

Post removed.Why?

Posted by Mabel > 2020-03-04 13:44 | Report Abuse

Bottom line, Scomies is the lender.

This means Net assets and bringing loan are intact. From what I understand this QR loss of 9 million includes impairments for this loan tp Scomi. Otherwise, Scomies will register 2 consecutive profits like my Jolly Roger TH Heavy.

This is what all the Naysayers used to say about Armada.

https://www.theedgemarkets.com/article/bumi-armada-rises-fresh-refinancing-facility

Armada rises today.

Soon it will be Scomies turn..

Meow

Posted by Mabel > 2020-03-04 13:49 | Report Abuse

@jjohnchew
Scomi 29 % , wan 18% , GG 18 % , still in legal tussle, will drag to delisting..

04/03/2020 11:53 AM

This is what they used to say to my weakest 13th Battleship, Silent Mary Barakah. Today Silent Mary climbs 25%.

11 Darn Good Reason why Barakah will not be delisted.

1. Focus on bidding for more projects - Estimated tender book value of RM928 million.
2. Execution of projects to sustain operations
3 Orderbook of RM600 million provides earnings visibility up to 2023.
4. Utilisation of pipe-lay barge KL101 - Currently on used by MCM contract, offshore of Terengganu
5. Collaborate with stronger companies
6. Strategic tie-up with Vallianz.
7. Collaboration with Minsheng.
8. To explore areas of collaboration
9. Actively disputing & taking legal action against Petronas lead by Chairman Zaid - RM1.02 billion demand against Petronas Carigali in August 2019.
10. Actively disputing & taking legal action against Petronas lead by Chairman Zaid - RM179.84 million from Petronas Gas Bhd, in relation to the procurement, construction and commissioning of Pengerang Gas Pipeline Project (formerly RGT2 Pipeline project).
11. Work in Progress to get out of PN17. Clear visibility that Barakah is actively working on improving their financials and business prospects.

All Scomies supporter, it will be nice if we can come up with similar list. We did something similar with Armada and KNM when the Naysayers were saying Delisting...

Meow

Posted by Mabel > 2020-03-04 13:55 | Report Abuse

Summing up..

Whenever .you are in doubt...Do the Hustle..

https://www.youtube.com/watch?v=V3kE0rvAJhM

Compliments from Mabel’s Body Shops

Meow..

Posted by jjohnchew > 2020-03-04 13:56 |

Post removed.Why?

Posted by jjohnchew > 2020-03-04 14:00 |

Post removed.Why?

Posted by Mabel > 2020-03-04 14:04 | Report Abuse

@jjohnchew Ho ho still take opportunity to blow promote .. Why no more post in Armada..
04/03/2020 1:56 PM

Armada now has many upcoming stars who will with me when the Ships was severed attack by JC and the Team.. So I let them continue since the ships is sailing well and on target. It does not any more help from me. In management we call in empowerment..

What I do is to categorize my portfolio into 3 categories to priorities my engagements:

1. Buy and Engage - short to mid term
2. Buy and Hold - mid to long term
3. Buy and Forget - long term

Armada now has been upgraded from Category 2 to 3. She is sitting comfortably on P2 with a 3 Digit Margin in my Armada Fleets of 13 Battleships. Her cost is very low so she can stand all the weather conditions on the high sea.

My Long Term TP for Armada is RM 4.55. Like I said many times, if Yin can do, so can Arma..

Meow..

Posted by Mabel > 2020-03-04 14:07 | Report Abuse

Now issues JC, I can wait until October...

I'm not going anywhere.

My Margin is O&G sector is very good. We can ride this wave...

Meow..

Posted by Mabel > 2020-03-04 14:11 | Report Abuse

I’m a long-term investor. I started building my 4 Boutiques in parallel when I renter KLSE after GE14. As you know KLCI is down about 10 % since early this year. My average margin is a very healthy double digit. This mean my selections have outperformed the KLCI. This also mean, I can take more risks..

Warren Buffet said "Never invest in a business you cannot understand.”

I suppose everyone have different views in making their respective investments. For me, it is easier if you invest on something that goes in line with the country’s direction and at the same time doing something that will benefits this Country as well as the Global community. I always has this rule of thumb when I made my investments. I do this as it will benefits the people surrounding me and also to the Global Community.

10 years from now as I look back, I want to feel that I was part of these success stories. Current performance in term of margin for my 4 Boutiques:

P1 - Plantation
P2 - Oil & Gas
P3 - Digital Economy
P4 - Visit Malaysia Year 2020

Meow..

Posted by chimchim > 2020-03-04 14:19 | Report Abuse

Delisting incoming

Posted by jjohnchew > 2020-03-04 14:23 |

Post removed.Why?

Posted by Mabel > 2020-03-04 14:36 | Report Abuse

How can I be a con artist when I have stakes in this ship..

I asked you to champion VC- Failed big time
I asked you to champion Iris - Failed big time

The only time I follow you is with Netx. I see your point. However, I still made money in Netx...Bought new batches at 0.015 and 0.02 in big volumes. I was one of the early adopter as I see it compliments by Digital Economy Business Plan.

Managed to cash in all at 0.02 and 0.025.

Meow..

Posted by Mabel > 2020-03-04 14:58 | Report Abuse

@jjohnchew Mabel is a blower .. from holding 66 counters to 16 counters.. never listen to blower n kon artist
04/03/2020 2:23 PM

If you need to quote how many counters I played, you need to more accurate. That number is now out dated. Here's the latest..

Industry (No of Companies)
Mabel Airlines 2
Mabel Automobiles 2
Mabel Media 3
Mabel Telecom 4
Mabel Glove 4
Mabel Banking 4
Mabel Steel 4
Mabel Construction 7
Mabel Real Estates 7
Mabel Properties 7
Mabel Technologies 10
Mabel Plantation 10
Mabel Energy 13
Total 77

The size of holding varies from one counters to another. As an example, I have released most of my holding in Sapnrg Queen Anne at different stages. I'm still keeping 10,000 shares as I still want to be part my Anne's future journey. I usually leave some tips on the table whenever I go for dining. It's my way of saying...THANK YOU!

Anne is currently sitting on P9 with a healthy margin on my Armada Fleets of 13 Battleships.

Meow

Posted by jjohnchew > 2020-03-04 15:23 |

Post removed.Why?

Posted by Mabel > 2020-03-04 15:40 | Report Abuse

Wrong again..

A con artist or a blower is someone who said negative things on counters he does not hold..

I'm just defending my assets here which is Scomies.

Just as much you loves your cigar..

Meow..

Posted by Mabel > 2020-03-04 15:45 | Report Abuse

You did exactly the same things with one of my Plantation companies, TDM..

However, I leave it to my comrades in TDM to defend that counter since that counter has strong team like my Armada Team.

Unfortunately, not many people are defending my little baby Scomies..

Anyway, enough said let the market forces decide..

Meow..

Posted by Michael Kwok > 2020-03-04 16:58 | Report Abuse

Mabel,long time never say dun by scomies.Now is just 3cents after 5 consolidated into 1.U see.

Posted by Michael Kwok > 2020-03-04 16:59 | Report Abuse

Then come to my Benalec only 11 cents.Last time ask 13 cents.

Posted by KAQ4468 > 2020-03-04 17:00 |

Post removed.Why?

Posted by Vincentong > 2020-03-04 17:24 | Report Abuse

Just add some today...

Posted by Michael Kwok > 2020-03-04 20:36 | Report Abuse

Playing stocks not like playing toys.Dear.If it's come from dramatic downward with oversold for a while(o).Then not to worry.Please left some for short-medium terms(60 percent short medium term 30-40 percent for more than 6 months).