Posted by pang72 > 2023-03-06 16:16 | Report Abuse

70.5c in a glance...

Posted by Nepo > 2023-03-06 16:20 | Report Abuse

see Syndicate can squeeze Short or not?
if above RM 0.70 for a few days, then most probably Short will surrender..

Posted by Zhuge_Liang > 2023-03-06 16:24 | Report Abuse

White cat or yellow cat, can catch a rat is a good cat.
Karma stock or non-karma stock, can make money is a good stock.
No point to twist the story to suit you and bad mouth a good person.

Posted by Zhuge_Liang > 2023-03-06 16:29 | Report Abuse

Armada will secure the Cameia FPSO project in Angola in 2023.
EPCIC project only, not charter service project.
Margin is high in the current tight FPSO market.

Posted by Bon888 > 2023-03-06 16:36 | Report Abuse

Camera FPSO EPCIC project is a good project for Armada. The risk is much lower, no need worry about capital and funding. Build it and collect money. Start printing money from the project phases. Unlike other projects waiting for 1st oil only start printing money.

Posted by pang72 > 2023-03-06 16:40 | Report Abuse

Don't kacau kacau my good stock.
Keep quiet and don't invite your enermy here will do.

Posted by Zhuge_Liang > 2023-03-06 16:41 | Report Abuse

Charter service contract has a better margin.
EPCIC contract, the margin is low.
May be make 8% margin within 2 years for a RM 1.5 billion job.

Posted by wallstreetrookieNEW > 2023-03-06 16:51 | Report Abuse

haha

Posted by wallstreetrookieNEW > 2023-03-06 16:58 | Report Abuse

Bumi Armada will head to RM0.80 and then second target price would be RM1.00

Posted by Gabriel Khoo > 2023-03-06 16:59 | Report Abuse

Usd 1B for this project

Posted by wallstreetrookieNEW > 2023-03-06 17:06 | Report Abuse

Cameia FPSO project commencement and billions of Ringgit worth of contracts will be announced

Posted by wallstreetrookieNEW > 2023-03-06 17:06 | Report Abuse

We would see a historical high QR in the next few quarters

Posted by wallstreetrookieNEW > 2023-03-06 17:07 | Report Abuse

All the analysts are bullish

Posted by wallstreetrookieNEW > 2023-03-06 17:07 | Report Abuse

Things are looking great

Posted by pang72 > 2023-03-06 18:09 | Report Abuse

Yap. Let's go baby armada!

Posted by Colin01 > 2023-03-06 18:31 | Report Abuse

I hope those shorties and get hurt so bad for messing with the Pearl Armada, to those Ikan Bilis get lost if you are not interested in making big money.

Posted by Colin01 > 2023-03-06 18:37 | Report Abuse

To those believers, Captain is on the deck lets sail tgt to prosperity land. Happy life awaits you there.

Posted by Bon888 > 2023-03-07 09:38 | Report Abuse

Good stock don't need to worry people cruising still the price going up.

Posted by pang72 > 2023-03-07 09:39 | Report Abuse

Strong sailing

Posted by pang72 > 2023-03-07 09:40 | Report Abuse

Captain Colin,
Next stop 80c, pls

Posted by Bon888 > 2023-03-07 10:00 | Report Abuse

Don't stop captain, full speed all the way!

Posted by 8ackwoods > 2023-03-07 16:02 | Report Abuse

Sailing steady now, gogogogo

Posted by RISK8888 > 2023-03-08 05:26 | Report Abuse

Get ready for down hill. World market in red last night.

Posted by Bon888 > 2023-03-08 12:30 | Report Abuse

Steady Bom bi bi.

Posted by RCZ2020 > 2023-03-08 12:37 | Report Abuse

What had happened? Armada ship captain lost his way?

Posted by Bon888 > 2023-03-08 13:01 | Report Abuse

He went for toilet break. Wait lah, don't need kancheong.

Posted by nikicheong > 2023-03-08 14:46 | Report Abuse

One thing I've missed out on and just realised is that there is a high likelihood of an extension in the firm charter period upon the expiry of the initial firm charter period for Armada Sterling II in Q2 2024.

From ONGC 2022 annual report:
Production of Cluster-7 & 8 fields of Mumbai High Asset increased from 5,700 bopd on 1 April 2021 to 16,800 bopd on 28 January 2022.

Cluster-7 and Cluster-8 are both tied to the Armada Sterling II FPSO. This augurs well for the long-term viability of the FPSO.

Posted by RCZ2020 > 2023-03-08 16:13 | Report Abuse

I think the captain is back on Armada ship. Started sailing again. Hope he can speed up

Posted by Mabel > 2023-03-08 16:33 | Report Abuse

Bon888 Where is this Mabel cat? Lost all her panties in Serba Dynamik? She sold her Armada supertanker already?
03/03/2023 5:36 PM

Haha Mabel been busy with Singapore and Hong Kong boyfriends, Bankers, Gamuda, Sime Darby, Sunway etc.. As for Battleships Mabel is busy with Dnex, Icon and Sapnrg. Serba is a cruise as far as mother shares is concern. Still holding the 2019 Free Warrant..

Armada no need to monitor one. Highly Profitable Battleships since 2019..

To 80 with loves

Captain Mabel Meow

Posted by Colin01 > 2023-03-08 17:25 | Report Abuse

Captain is back, go pangsai awhile oso cannot meh?

Posted by Robert Waters > 2023-03-08 18:18 | Report Abuse

The action on the price of Armada is very encouraging today. But I still keep my stake in it until:
1. Armada Sterling V produces first oil.
2. QE improve as profits from 1 will replace costs.
3. New project is anounced.
The above should cause rating upgrades and upswing to fair value. Then I cash in.

Posted by nikicheong > 2023-03-08 18:46 | Report Abuse

Just to share my thought process:

In the absence of any new developments, I will consider start to consider selling at RM0.80 level, strongly consider at RM0.90 level, and definitely cash in at RM0.95 level.

As and when further developments come to light, I'll adjust my price target view accordingly.

Posted by Bon888 > 2023-03-08 19:45 | Report Abuse

Cameia FPSO already in the pocket. Just wait for the official announcement.

Posted by RISK8888 > 2023-03-08 21:07 | Report Abuse

Wah, so many sifu jumping out.

Posted by Bon888 > 2023-03-08 21:25 | Report Abuse

Mabel Icon and Sapura not my cup of tea.

Posted by Mabel > 2023-03-09 11:41 | Report Abuse

Haha one man poison is another woman's meat.

Sapura is up more than 11%
Icon up more than 5%
Armada today having period ..

One smart gentleman won himself Mercedes SLK in the previous Icon rally..

Meow Meow Meow

Posted by Mabel > 2023-03-09 11:43 | Report Abuse

However this round Armada is very bullish breaking all previous resistance, like smashing the Great Wall of China..

Now retrace is an excellent opportunity to collect lor..

Meow Meow Meow

Posted by serpent100 > 2023-03-09 18:02 | Report Abuse

Actually Uzma better than Armada….at least drop not too much

Posted by Mabel > 2023-03-09 19:15 | Report Abuse

Here's some perspective..

Sapura : 7 days return is 0%, 1 year return is 25%
Icon: 7 return is 5.56%, 1 year return is 62%
Armada: 7 days return is 3.79%, 1 year return is 59.3%

To 80 with loves..

Meow Meow Meow

Posted by Bon888 > 2023-03-09 22:08 | Report Abuse

Icon 1 year return not negative 5% meih?

Posted by i3lurker > 2023-03-10 03:28 | Report Abuse

taxi driver sold to buy punctured tyre

Posted by RISK8888 > 2023-03-10 05:44 | Report Abuse

Red sea coming!

Posted by mf > 2023-03-10 05:57 | Report Abuse

Dow Jones

Dow Jones Industrial Average

32,256.05

-542.35

1.65%

Nasdaq

NASDAQ Composite

11,338.35

-237.65

2.05%

Posted by pang72 > 2023-03-10 13:45 | Report Abuse

I think armada turns to Karma stock liao.. Shit!

Posted by pang72 > 2023-03-10 13:46 | Report Abuse

Just be carefull on the penny stock

Posted by Bon888 > 2023-03-10 13:48 | Report Abuse

Just drop 2% only. Don't kancheong kancheong. I hoping Armada drop 30% like Velesto few weeks ago.

Posted by KimSua > 2023-03-10 13:59 | Report Abuse

I am done with 50% run up from 0.40 c. Time to look elsewhere

Posted by pang72 > 2023-03-10 14:03 | Report Abuse

Are you sure for wishing 30% drop?
It is easily hit 30% downward in reality then moving upward.
I hope you tarik balik your wishes!

Posted by pang72 > 2023-03-10 14:03 | Report Abuse

Many will suffer then but this is life

Posted by nikicheong > 2023-03-10 17:42 | Report Abuse

Bloodbath after recent high. Oh well, such is life. These market gyrations should have no bearing on long-term investors.