Fears of virus X and another lockdown dragged not only Armada share price but rest of other stocks. Investors caution withdraw the money first. Hospital in Malaysia well prepared to face another pandemic like virus X...according to sources. Will there be another lockdown? Need to be very careful....
Pharos Energy is coming to KL next week, to discuss and maybe even sign the contract extension for the TGT FPSO charter hire.
From what I gather, they will sign a 2 year firm extension to Dec 2026 first, with a 5 year optional extension to Dec 2031.
Take note that the TGT field license extension was approved to Dec 2026, and the field operators are currently applying for the TGT field license to be extended to Dec 2031. The final decision will be known by Q1 2024.
Felix I have flagged the TGT extension long ago and shared information from the Pharos Energy investor meets.
The latest information I can share is that they're meeting Bumi Armada in KL next week for contract extension discussion and finalization. No idea if the contract will actually be signed then, or later on. I gather that it will be on a 2y firm + 5y optional basis.
@felix888 dope, it is obvious the anger to towards your dumb action for spamming the page every day with your lies and dramas...dope, go get a life and stop spamming forum with all your personal dope views
@armadatuah2017 you don't have the qualification to comment I spamming. Did you share serious fasts and information here? You don't. You contribute nothing in this forum besides throwing out your anger probably lost heavily from your Serbak and Armada.
good time to go in again. 0.53/.535 oklah. US bond at its peak and will retreat, US dollar to weakend and Oil price goes back up and the cycle continues. Oil price demand will not improve , more of a supply side price movement and how the dollar index move.
Hari2 gaduhkah dlm ni blog...semua mcm budak kindergarten. You all arguing each other also no point..stock market doesn't care any shit of that so why spend your valuable energy and time for non value add argument.
@ Macgyver111 "Hari2 gaduhkah dlm ni blog...semua mcm budak kindergarten. You all arguing each other also no point..stock market doesn't care any shit of that so why spend your valuable energy and time for non value add argument."
Agreed with your comments on the incessant squabbling among some members here, making this forum noisy for nothing. We are here sharing our insights or useful information for profitable share investment but not proving who is smarter. Everyone makes mistakes in share investment from time to time; so we need to have useful discussions here.
Checked with someone from ONGC, internal target deadline pushed back to Dec 2023. Quite a shit show I must say. Indian nationals are the masters of overpromising and undderdelivering. If you've worked with them, you'll know.
wa, so teruk. delay almost one year. no wonder share price so depress, was hope this month can see some goreng. no choice la, wait next QR will have another push. 10% good enough for a swing.
It's sad, but thankfully Bumi Armada is one of those stocks with ample margin of safety. The downside at these levels are capped, while the potential upside is high. However, the upside might still take years to materialise, and maybe even, never.
Lets see how things go though. Hopeful we get an announcement of TGT extension sometime next week.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Jacintha
36 posts
Posted by Jacintha > 2023-10-04 18:44 | Report Abuse
where is admin?