BUMI ARMADA BERHAD

KLSE (MYR): ARMADA (5210)

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Last Price

0.535

Today's Change

-0.005 (0.93%)

Day's Change

0.535 - 0.545

Trading Volume

12,490,700


45 people like this.

72,409 comment(s). Last comment by pang72 8 hours ago

rr88

6,532 posts

Posted by rr88 > 2023-07-03 14:50 | Report Abuse

Breakout above 21/6 0.485 close.

12/6 close = 0.42
It will go to = 0.485 + (0.485 - 0.42) = 0.55

But then 0.55 is above 06/06 opening price of 0.525. Which will be another breakout move.

After gostan from 0.55 to 0.525, it will go to 0.63.

Take the sellers now at 0.495!


Jerichomy

4,346 posts

Posted by Jerichomy > 2023-07-03 14:57 | Report Abuse

I thot you want to keep until RM 1

Gabriel Khoo

1,019 posts

Posted by Gabriel Khoo > 2023-07-03 14:58 | Report Abuse

Biz model for ccs. BA will be an owner for injection vessel and operatijg for the vessel

Jerichomy

4,346 posts

Posted by Jerichomy > 2023-07-03 15:00 |

Post removed.Why?

J2911

67 posts

Posted by J2911 > 2023-07-03 15:00 | Report Abuse

strong sell at 0.490

MichelleNg

1,031 posts

Posted by MichelleNg > 2023-07-03 15:02 | Report Abuse

Finally moving up.

Felix888

3,375 posts

Posted by Felix888 > 2023-07-03 15:02 | Report Abuse

Jerichomy. My core stack will keep till PE 15. Thus batches are my dividend from ikan billis like you.

Felix888

3,375 posts

Posted by Felix888 > 2023-07-03 15:04 | Report Abuse

Thank you very much for push down the price as low as 0.42. You done a great job Jerichomy!

Felix888

3,375 posts

Posted by Felix888 > 2023-07-03 15:13 | Report Abuse

Armada drop to such a low price you don`t want to buy. You follow people bought Hengyuan at RM 6. Haiyoh..Crack spread cracked your pocket ke?

Hotstuff

3,291 posts

Posted by Hotstuff > 2023-07-03 15:24 |

Post removed.Why?

shiji93

47 posts

Posted by shiji93 > 2023-07-03 15:42 | Report Abuse

fuyioh broke 0.495

Ravi Kumar

3,649 posts

Posted by Ravi Kumar > 2023-07-03 16:01 | Report Abuse

I wonder what that useless POS rr88 is going to say together with that ID-10-T waiting at 30 sen

icecool

5,028 posts

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

keep going can eat lobster soon

Ravi Kumar

3,649 posts

Posted by Ravi Kumar > 2023-07-03 16:05 | Report Abuse

rr88 you bougy 100 shares?? wakakakaka

Felix888

3,375 posts

Posted by Felix888 > 2023-07-03 16:17 | Report Abuse

0.50 broken!!!

Jerichomy

4,346 posts

Posted by Jerichomy > 2023-07-03 16:23 |

Post removed.Why?

Jerichomy

4,346 posts

Posted by Jerichomy > 2023-07-03 16:26 |

Post removed.Why?

Posted by Robert Waters > 2023-07-03 16:30 | Report Abuse

As a long in this ticker, I would cash out of some short term profit and wait for a pullback. There was no good news. Wish I had more funds to buy 2 weeks ago.

Russel

546 posts

Posted by Russel > 2023-07-03 16:36 | Report Abuse

Armada FOMO Panic Buy Mode!

rr88

6,532 posts

Posted by rr88 > 2023-07-03 16:37 | Report Abuse

50 cents dy. Still dont believe me?
It is called an ASCENDING TRIANGLE BREAKOUT, which is a BULLISH breakout.

It will hit 0.55 tommorow or the next day.

No need to think. Just take 0.50 sellers. I hv already done the hard thinking for you.

rr88

6,532 posts

Posted by rr88 > 2023-07-03 16:40 | Report Abuse

Breakout occurred at 11.41 am this morning when it cleared 0.485 with heavy volume.

Fklim888

1,613 posts

Posted by Fklim888 > 2023-07-03 16:41 | Report Abuse

Tomorrow .....sell ka....lol

Ravi Kumar

3,649 posts

Posted by Ravi Kumar > 2023-07-03 16:41 | Report Abuse

U-turn ahh rr88? Need to run ah rr88? lol

Russel

546 posts

Posted by Russel > 2023-07-03 16:48 | Report Abuse

When the Grand Sifu rr88 ask you to buy....Just Buy, Sailang, don't ask!

Posted by success2628 > 2023-07-03 16:53 |

Post removed.Why?

Posted by sense maker > 2023-07-03 17:02 | Report Abuse

Haha suddenly nobody said it would crash towards 30sen.

Felix888

3,375 posts

Posted by Felix888 > 2023-07-03 17:52 | Report Abuse

I expecting few rounds of swing before the Kraken issue settled (financial impact is visible). Now Armada management still silent on the financial impact.

Follow the waves, don't sailing unless you have insider information.

Jerichomy

4,346 posts

Posted by Jerichomy > 2023-07-03 18:17 |

Post removed.Why?

chopstick

642 posts

Posted by chopstick > 2023-07-03 18:28 | Report Abuse

Armada kraken is running at 90% after a major repair

Posted by armadatuah2017 > 2023-07-03 18:46 | Report Abuse

really oh? got announcement?

Zhuge_Liang

2,420 posts

Posted by Zhuge_Liang > 2023-07-03 19:03 |

Post removed.Why?

Mabel

24,158 posts

Posted by Mabel > 2023-07-03 19:10 | Report Abuse

Armada so power today...

Meow Meow Meow

RTA09391

269 posts

Posted by RTA09391 > 2023-07-03 20:35 | Report Abuse

Wow Armada might be RM1 by 2050

nikicheong

2,536 posts

Posted by nikicheong > 2023-07-03 22:00 | Report Abuse

Please do not listen to unfounded rumours. As of this point in time, production remains at between 50% - 60% on a single train. The second train operation has yet to resume, it's expected to happen in the coming 2 to 4 weeks.

Posted by Robert Waters > 2023-07-03 23:29 | Report Abuse

I cannot see how this C02 JV could be successful. Armada has no experience in C02 injection which is technically challenging. Navigator has a questionable record (bankruptcy).

Projects of C02 are in the UK, and an oil supermajor like BP could get government funding there, 'greenwash' their oil operation and undercut JV. I worked for BP. I know their 'energy company' theme, helios logo and BP being translated as 'Beyond Petroleum.'

How can we compete under such cirumstances, without grants and support, on someone else's turf ?

Gabriel Khoo

1,019 posts

Posted by Gabriel Khoo > 2023-07-04 08:34 | Report Abuse

Navigator has been prpfitable over the last 3 years. The equity fund stand at 1.1B.

Max2838

502 posts

Posted by Max2838 > 2023-07-04 08:59 | Report Abuse

Robert said Navigator has a questionable record (bankruptcy)...
Gabriel said Navigator has been profitable for the past 3 yrs...
A search can inform clearly that Wilbur Ross has acquired Navigator in 2012 after its bankruptcy in 2006.
WL Ross is a billionaire investor whose company focuses on investments in financially distressed companies with undervalued stocks... WL Ross also has interest in Maersk shipping....

Max2838

502 posts

Posted by Max2838 > 2023-07-04 09:01 | Report Abuse

Some posts are just like putting "spanner in the works"

Max2838

502 posts

Posted by Max2838 > 2023-07-04 09:13 | Report Abuse

The oil tanker Ingrid Knutsen that has transported oil from Kraken FPSO 2 days ago is also docked at Scapa Flow. Scapa Flow, as an energy hub is also the largest natural deep-water harbour in the northern hemisphere where supertankers can also dock.

If got good production from Kraken, why worry so much about other minor issues.
This is not like Hibiscus-Dnex Anusuria FPSO riser issue that was down for a year in 2022.
Armada has the Mgt, funds and machinery to fix issues much faster....

jasongks

23 posts

Posted by jasongks > 2023-07-04 09:17 | Report Abuse

Rob is a pessimist as if he's being jilted

Posted by Robert Waters > 2023-07-04 10:05 | Report Abuse

This CO2 Venture is non binding. They do not even have a client with FID. I would not be hyping it. Need to clear the Kraken issue. Otherwise it will be questioned. Concerns raised.

I am optimistic in a way that hopefully the Cameia FPSO will NOT be anounced under troubled circumstances. Note that stock went down when CO2 was published. Good news about new venture when facing technical problems is wasted. But I guess it is timing of Total.

joyvest

10,533 posts

Posted by joyvest > 2023-07-04 10:28 | Report Abuse

The company is not in Zero production but 60% +++ . It is a matter of time ( very soon) to restore to full production. so why fret on other insignificant issues ?

KML889

1,092 posts

Posted by KML889 > 2023-07-04 12:25 | Report Abuse

Just 2 more weeks, that's all I'm asking, says BA

RayLee

154 posts

Posted by RayLee > 2023-07-04 12:26 | Report Abuse

Need to sustain at above 50 cents then good

Posted by sense maker > 2023-07-04 13:11 | Report Abuse

Digesting some sales by contra fellows. Meanwhile, some see the target price as 54 sen, not much upside from the current level, so they sold some first. For long term holders, just keep buying loh, no issue.

jasongks

23 posts

Posted by jasongks > 2023-07-04 13:33 | Report Abuse

This is a public chat , hopefully will help support the market direction , even in a small way. Any pessimism , its better of to keep it at home. but we like optimism, Unless you are cock sure about something that add value to the information already available . we dont need clever man but helpful positive man and women

RTA09391

269 posts

Posted by RTA09391 > 2023-07-04 14:13 | Report Abuse

Majority stocks was down & market also doing bad this season

rr88

6,532 posts

Posted by rr88 > 2023-07-04 15:53 | Report Abuse

Breakout 0.485 to 0.505.
Then return to retest breakout point 0.485 - success. Then next will take out 0.505 to 0.525. Then breakout 0.525 to 0.55.

That oso you dont know ka. Hai ya.

Felix888

3,375 posts

Posted by Felix888 > 2023-07-04 15:57 | Report Abuse

Queue to sell 2nd batch 0.545.

hng33

20,491 posts

Posted by hng33 > 2023-07-04 17:01 | Report Abuse

Share price still waiting for kraken to recover back above 100%

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