Posted by vespa > 2024-05-13 04:40 | Report Abuse

He ought to know we expect a dividend of 5 to 6 % yield considering the healthy cashflow. Am sure he is a guy after my own heart.

Posted by nikicheong > 2024-05-13 13:28 | Report Abuse

If the Pharos COO was right, we should get news of the TGT FPSO extension real soon.

Posted by TimCoke > 2024-05-13 14:48 | Report Abuse

good to know, interesting...

Posted by chankahmun77 > 2024-05-14 10:28 | Report Abuse

Does the company has a dividend policy?

Posted by vespa > 2024-05-14 15:46 | Report Abuse

The last divided paid I suspect was in 2015 but since then none but hopefully it would be revived

Posted by vespa > 2024-05-14 16:30 | Report Abuse

Dividend per Share - - - - - 2024 div 0.0350 2025 div 0.0173 2026 div 0.0390
Market screener has 12 analysts following the stock and this is what it says. DYOR to be sure

Posted by vespa > 2024-05-14 16:31 | Report Abuse

https://www.marketscreener.com

Posted by zonefinder > 2024-05-15 14:33 | Report Abuse

Forget about dividends. Armada will need more cash should we hit on a big project. Why distribute and then have to raise funds via rights issue later?.

Posted by vespa > 2024-05-15 15:11 | Report Abuse

good point! but there is enough to do both if management is clued in. This not a growth company but a mature one.

Posted by rohank71 > 2024-05-16 08:33 | Report Abuse

anyone has insight of Q results.. I believe it may be the largest profit made by BA.

Posted by shocklim > 2024-05-16 09:09 | Report Abuse

@rohank71 - hopefully the profit will be reflected in the share price which have been falling recently

Posted by TimCoke > 2024-05-16 16:03 | Report Abuse

wah, coincidently developing a double bottom which could signifying some of the TA kakisss

Posted by TimCoke > 2024-05-17 12:32 | Report Abuse

580 final countdown to enter i think

Posted by nikicheong > 2024-05-17 17:25 | Report Abuse

This seems new:

In 2023, Bumi Armada was granted the Akia PSC, which spans an area of 8,394 square kilometers and encompasses the Aster and Tulip oil and gas discoveries, estimated to contain 860 BCF of gas and 60 MMboe of oil and condensate.

We have recently acquired new 3D seismic data to assess the potential for a fast-track development. The success of this initiative holds significance in shaping our standing in the upstream sector of the oil and gas industry.

Posted by nikicheong > 2024-05-17 17:26 | Report Abuse

www.bumiarmada.com/business/

Posted by Gabriel Khoo > 2024-05-17 20:34 | Report Abuse

Yes. The biz part has been down in last 2 weeks. Infos not available

Posted by Gabriel Khoo > 2024-05-17 20:35 | Report Abuse

Transition stratergy also under deveopment

Posted by TimCoke > 2024-05-19 16:27 | Report Abuse

very tentatively it will be a positive

Posted by jacintateh > 2024-05-20 16:53 | Report Abuse

when will u move, turtle stock? very slow movement :(

Posted by jacintateh > 2024-05-20 18:16 | Report Abuse

does anyone know when the qr results will be out? thanks

Posted by nikicheong > 2024-05-21 00:08 | Report Abuse

Results out on AGM day (at noon).

Posted by ProtocolSix > 2024-05-21 00:46 | Report Abuse

Anyone know exact date of AGM?
Is it 30th May?

Posted by vespa > 2024-05-21 02:35 | Report Abuse

AGM Thursday, 30 May 2024

Posted by jacintateh > 2024-05-21 11:51 | Report Abuse

wonder why results to coincide with AGM. past 3 years was on 25/5

Posted by Robert Waters > 2024-05-21 15:43 | Report Abuse

We will know the results before the AGM based on the price action. So far, looks neutral.

Posted by steven rt > 2024-05-22 14:55 | Report Abuse

QR results will be out 25th May

Posted by RISK8888 > 2024-05-23 07:54 | Report Abuse

25th May is Saturday la Kawan.

Posted by TimCoke > 2024-05-23 10:18 | Report Abuse

the QR may be will shock you all, lol

Posted by jacintateh > 2024-05-23 11:57 | Report Abuse

Other o&G up except this sleepy head. Really tiresome waiting n waiting.

Posted by vespa > 2024-05-23 15:25 | Report Abuse

Indeed, falling in love with a stock is a probable investment tragedy....some of us just do not have an insurance float or wherewithal like WB to be longer term investors..

Posted by kkwong13 > 2024-05-23 16:38 | Report Abuse

Oil sector is shortage of FPSO oil tanker, tight supply and continue bullish outlook set for year 2024 execution phase until 2027 as reported by oil industry analysts. Armada will continue to capitalize on growing demand for FPSO demand, evidence on gaining more contract, securing FPSO full bareboat charter rates, 7years charter extension, pipelay vessel new contracts & upcoming new FPSO contract wins. I believe the chances to secure & get final acceptance contract awards is high due to less FPSO companies beside Armada & Yinson. Let's see the upcoming Qtr result report out, expected 24th May.

Posted by vespa > 2024-05-23 17:09 | Report Abuse

Fingers crossed

Posted by TimCoke > 2024-05-24 09:51 | Report Abuse

exactly

Posted by nikicheong > 2024-05-24 12:06 | Report Abuse

Nobody ought to care about quarterly results anymore. If anything, there are more hidden risks than there are hidden rewards in there. New contracts - that's the mantra we ought to live by. Things are rather disappointing on that front I'd have to say.

Posted by Genovese > 2024-05-24 12:11 | Report Abuse

I don't understand this, could someone explain this? Is the company paying 0.60 a share for the Mat Salleh MD?

1. Details of corporate proposal
Whether the corporate proposal involves the issuance of new type and new class
of securities? N
Types of corporate proposal : Others
Details of corporate proposal : Management Incentive Plan
No. of shares issued under this corporate proposal : 5,147,400
Issue price per share ($$) : 0.6002

Posted by nikicheong > 2024-05-24 13:55 | Report Abuse

I believe those are stock options. The exercise price is at RM0.6002.

Posted by Genovese > 2024-05-24 14:03 | Report Abuse

Why he exercise the option higher than market price. Is not logic.

I believe the company paying for the price. He get it FOC.

Posted by Robert Waters > 2024-05-24 22:04 | Report Abuse

I believe this is an option that is free money for the guy if the stock is valued above MYR 0.6.
After all, one does NOT need to pay until one collects the shares.

Posted by ProtocolSix > 2024-05-25 15:44 | Report Abuse

I believe in the probability of an upside in price movement with a net positive QR earnings. Looking forward to seeing the result.

Posted by rohank71 > 2024-05-26 00:38 | Report Abuse

very easily, BA will make 400M PAT for Q1. even the past Q4 was 380M before the 500M impairment....
with lower depreciation as they have written down 500M in Q4 this Q1, we may see higher PAT or an EPS of close to 7 sen/Q.
based on TA, R1 is still 58 sen and R2 is 63 sen... above 63 is 70+

Posted by Ninja _07 > 2024-05-27 09:47 | Report Abuse

When is the QR coming out?

Posted by nikicheong > 2024-05-27 10:03 | Report Abuse

Rohan, calm your tits will ya. PAT will be in the region of RM200mil - RM250mil. Anything below RM200mil will be a disappointment.

Posted by jacintateh > 2024-05-27 11:07 | Report Abuse

Ninja _07 When is the QR coming out? investing.com states today

Posted by Ninja _07 > 2024-05-27 11:30 | Report Abuse

@jacintateh .. thank you :)

Posted by vespa > 2024-05-27 16:47 | Report Abuse

Decorum chaps

Posted by nikicheong > 2024-05-27 22:55 | Report Abuse

www.bumiarmada.com/wp-content/uploads/2024/04/Our-Journey-.mp4

Posted by Robert Waters > 2024-05-28 01:44 | Report Abuse

Thank you for above video. It clearly shows that Armada achieved NOTHING from 2017.
ASV still in the works, scheduled for 2024.

In corporate lingo ACTIVELY LOOKING means doing nothing, just pretending.

Posted by vespa > 2024-05-28 02:52 | Report Abuse

Cheers Niki and as Robert said an indicment of management's sloppiness

Posted by TimCoke > 2024-05-28 09:14 | Report Abuse

What if BA starts making battery for EV?

Posted by jacintateh > 2024-05-28 10:37 | Report Abuse

Just broke the support, heck. the longer it takes to release the QR report the more uncertainty and jitter it creates. trying to delay and doing last min touch up huh on the report. May be a dissapointing report.if it is so good it will already be released, studpid armada.