Posted by abcd11111 > 2022-04-14 00:24 |

Post removed.Why?

Posted by Mohd Qadri Abdul Rani > 2022-04-14 11:06 | Report Abuse

dah pancit

Posted by VTrade > 2022-04-14 11:08 | Report Abuse

Without FDI
Hard to up
Retail need 10k , how to buy from epf

Posted by strattegist > 2022-04-14 13:15 | Report Abuse

steady

Posted by Markv572421 > 2022-04-14 14:52 |

Post removed.Why?

Posted by Dangel > 2022-04-14 15:00 | Report Abuse

The bulls are expected to drive the stock towards the 51cts. resistance, followed by 55.5cts. according to RHB Retail Research so just relax & be patience for it.

Posted by abc1111111 > 2022-04-14 15:08 | Report Abuse

buy buy buy

Posted by MoneyMakers > 2022-04-14 15:25 | Report Abuse

Tq armada nice rally..hopefully can drop abit coming days

Posted by Sirius69 > 2022-04-14 15:36 | Report Abuse

TP 46 sen

69

Posted by SHOB > 2022-04-14 16:27 | Report Abuse

not much volume today

Posted by abcd11111 > 2022-04-14 17:32 |

Post removed.Why?

Posted by huathuat83 > 2022-04-14 18:59 | Report Abuse

hopefully can reach 0.52 soon

Posted by kingkong88 > 2022-04-14 20:12 | Report Abuse

easily 80 cents

Posted by strattegist > 2022-04-15 12:43 | Report Abuse

pegun

Posted by 1pingpong > 2022-04-15 17:16 | Report Abuse

As i said last friday, Armada is going up this week. From here, it will go side ways another few days. Most probably, right before Raya, it will shoot up again.

Posted by 1pingpong > 2022-04-15 17:17 | Report Abuse

last call last call for 0.43 - 0.45

Posted by strattegist > 2022-04-15 18:02 | Report Abuse

ala butut kaaaa

Posted by Bon888 > 2022-04-15 22:01 | Report Abuse

Malaysia market easily to get 100% gain. Just be patient. This counter 100% gain is 1000% comkaolanfirm.

Posted by Ismamiaku > 2022-04-15 23:30 | Report Abuse

Armadaku, bilalah boleh dapat duit untuk raya ! YaALLAH..amahadulilah.. Ku masih kat 0.50..bila sampai giliranku

Posted by Macgyver11 > 2022-04-16 09:58 | Report Abuse

Don't worry your turn will come soon...you're not alone many of them hold @ 0.50 above. Sabar relax

Posted by strattegist > 2022-04-18 12:54 | Report Abuse

low volume

Posted by davidkkw79 > 2022-04-18 20:17 | Report Abuse

Holland ?
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3251744

Posted by abcd11111 > 2022-04-18 20:48 |

Post removed.Why?

Posted by SHOB > 2022-04-18 20:53 | Report Abuse

die hard

Posted by abcd11111 > 2022-04-18 23:18 | Report Abuse

buy

Posted by soon2795 > 2022-04-19 09:33 | Report Abuse

Before buying, you might want to read this news first

Bumi Armada, unit make first court appearance in New Delhi for alleged Aircel-Maxis bribery scandal

https://www.theedgemarkets.com/article/bumi-armada-unit-make-first-court-appearance-new-delhi-alleged-aircelmaxis-bribery-scandal

Posted by abcd11111 > 2022-04-19 13:44 |

Post removed.Why?

Posted by abcd11111 > 2022-04-19 13:45 | Report Abuse

Small case

Posted by bjgdila123 > 2022-04-19 14:30 | Report Abuse

sap sap soy

Posted by Ninja _07 > 2022-04-19 22:43 | Report Abuse

That is an old case la..

Posted by SHOB > 2022-04-20 09:28 | Report Abuse

panic sell

Posted by sikusiku > 2022-04-20 09:35 | Report Abuse

What's with the selldown?

Posted by VTrade > 2022-04-20 09:51 | Report Abuse

Hibiscus pun sama

Sapura pun sama

Jatuh…

Posted by abcd11111 > 2022-04-20 10:04 |

Post removed.Why?

Posted by Macgyver11 > 2022-04-20 10:14 | Report Abuse

Others are fearful. Be greedy when others are fearful. Hahaha! Buy buy buy.

Posted by VTrade > 2022-04-20 12:15 | Report Abuse

Petang akan very fearful

Posted by ken2004 > 2022-04-20 15:43 | Report Abuse

the curse from good price target lol

Posted by Mohd Qadri Abdul Rani > 2022-04-20 16:35 | Report Abuse

rilek brother rilek

Posted by abcd11111 > 2022-04-20 19:05 | Report Abuse

https://www.enanyang.my/财经新闻/券商印度诉讼影响微-布米阿马达可逢低买进

Posted by Macgyver11 > 2022-04-20 19:38 | Report Abuse

KUALA LUMPUR (Sept 20): Bumi Amadada (ARMADA, 5210, main board energy stock) is caught in a lawsuit in India, but analysts are not overly worried that its local projects will be affected, and if the share price suffers as a result, it will be regarded as an entry Field time.

According to a report released today by AmInvestment Bank Research, as of the end of last year, Bumi Amada had a total outstanding order value of RM13.4 billion, of which 18% came from 4 joint venture projects in India; the world-renowned local consortium Sharpoorji Pallonji is the owner of all joint venture projects. partner.

The four Indian projects, including the Sterling & Sterlign II floating production storage and offloading (FPSO) vessel, in which Bumi Amadada holds a 49% stake, are currently operating at the D1 and Cluster-7 fields near Mumbai.

Next is the 30% Armada Sterling V FPSO currently used in the Cluster-II field of the ONGC NELP field KG-DWN 98/2 development project; the latter is located on the east coast of Kakinada, offshore India.

Then there is the 30-year franchise floating storage regasification unit operating in the Port of Mumbai, with Bumi Amadada holding a 49% stake.

“Excluding the Karapan Armada Steling III FPSO, which holds a 49% stake and is located in the Madura BD field off the coast of East Java, Indonesia, we estimate the company’s contribution from contracts in India (the first three projects) to account for 12% of the current total outstanding order value. ."

"As a result, we believe that about 12% of the company's pre-tax earnings in FY21 will come from India."

At this stage, analysts are not overly concerned that the company's local contracts will be implicated, as neither the joint venture partner nor its management are involved in the case.

The amount involved is not large

Furthermore, the actual amounts involved appear to be relatively insignificant to Bumi Amada's income.

"As such, we believe any potential share price downturn as a result of this event could be seen as a better buy-in."

In terms of valuation, the company's fiscal 2022 price-to-earnings ratio of 4 times is already unreasonable. After all, since Armada Kraken's operations returned to normal in the last quarter of fiscal 2020, its core earnings performance has been stable and its financial position is healthy.

Analysts kept their forecasts unchanged, pending further disclosure of the allegations, and maintained a "buy" rating with a target price of 83 sen, reflecting Neutral's 3-star ESG rating, and 8 FY22 multiple price-earnings ratio.

Bumi Amada closed at 43 sen on Wednesday, down 1.5 sen or 3.37%, with 37,267,300 shares traded.

Bumi Amadada performance forecast 20/4/22
The cause of the incident

Bumi Amadada recently confirmed that, along with its subsidiary Bumi Amadada Navigation Company (BAN), they have been prosecuted by India's Central Bureau of Investigation (CBI) and India's Enforcement Directorate (ED), and are currently in the interrogation stage.

Other defendants include former Indian finance minister Chidambaram, Chess Management Services, which is allegedly controlled by Chidambaram, and other businesses and individuals based in India and Malaysia.

The prosecution alleges that Chidambaram illegally approved the Foreign Investment Promotion Board in 2006 to approve Maxis' investment in Aircel.

In exchange, Bumi Amadada and BAN remitted approximately US$90,000 and 10,000 (approximately RM380,000 and RM40,000), respectively, to Chess Management Services in 2007 and 2009; the latter is controlled by Chidambaram's son .

Posted by Macgyver11 > 2022-04-20 19:39 | Report Abuse

Old story keep on repeating...

Posted by MoneyMakers > 2022-04-20 23:07 | Report Abuse

Key word 4 analyst - “pending further disclosure of allegations”

Could get ugly if really Armada payment to former India FM @ directly/indirectly approve Armada’s proj/FDI in India

Legal action by India Gov serious issue..KIV

Posted by Macgyver11 > 2022-04-21 09:44 | Report Abuse

Boleh settle punya out off court case...nothing is impossible in India hahaha!. AK influenced in India is very strong.

Posted by Macgyver11 > 2022-04-21 09:56 | Report Abuse

After all the bribery case not as like 1MDB involved in billions of dollars. This is bcoz of some BA negligent officers and former tamilnadu CM looking for cheap pasar malam side income. The issue now not on BA but CBI hunting for this CM to bring to justice...how? Bribery case lah, whatever money that he received during his tenure as CM. BA already said will give full cooperation in this case.

Posted by strattegist > 2022-04-21 10:36 | Report Abuse

low volume

Posted by Markv572421 > 2022-04-21 16:31 | Report Abuse

Long way to go for Armada to achieve RM 0.80

Posted by Markv572421 > 2022-04-21 16:51 | Report Abuse

probably next 2 years

Posted by abcd11111 > 2022-04-21 21:36 |

Post removed.Why?

Posted by Bon888 > 2022-04-22 01:18 | Report Abuse

RM500K case 10 times penalty just RM5 million. Small amount only. Thus panic sold out must be banging wall now. Sudah kena cuci keluar.

Posted by Markv572421 > 2022-04-22 08:53 |

Post removed.Why?