BUMI ARMADA BERHAD

KLSE (MYR): ARMADA (5210)

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Last Price

0.54

Today's Change

-0.005 (0.92%)

Day's Change

0.535 - 0.545

Trading Volume

4,788,800


45 people like this.

72,415 comment(s). Last comment by RayLee 1 hour ago

pang72

51,518 posts

Posted by pang72 > 2 days ago | Report Abuse

US allows Ukraine to make long-range missile strikes into Russia
By Christian Edwards, CNN
Updated 9:41 AM EST, Mon November 18, 2024

nikicheong

2,537 posts

Posted by nikicheong > 2 days ago | Report Abuse

Yes there is a chance, albeit a miniscule one, that a dividend may be declared.

ocbc

1,169 posts

Posted by ocbc > 2 days ago | Report Abuse

RM$1.05 is minimum to take control !

pang72

51,518 posts

Posted by pang72 > 2 days ago | Report Abuse

It should be refer to nta $1.05 with premium for takeover normally.
If the oil price continues to rise over usd80 or usd90..., $1.05 shld be no problem

pang72

51,518 posts

Posted by pang72 > 2 days ago | Report Abuse

Technical Buy - ARMADA (5210)

PublicInvest
Publish date: Mon, 18 Nov 2024, 09:10 AM
Technical chart: ARMADA

Target Price: RM0.565, RM0.600
Last closing price: RM0.535
Potential return: 5.6%, 12.1%
Support: RM0.500
Stop Loss: RM0.480
Possible for sideways breakout. ARMADA is potentially staging a breakout from its sideways channel, with anticipation of continuous improvement in both momentum and trend in the near term. Should immediate resistance level of RM0.565 be genuinely broken with renewed buying interest, it may continue to lift price higher to subsequent resistance level of RM0.600. However, failure to hold on to support level of RM0.500 may indicate weakness in the share price and hence, a cut-loss signal.

Source: PublicInvest Research - 18 Nov 2024

pang72

51,518 posts

Posted by pang72 > 2 days ago | Report Abuse

Tmr can hits 56.5c..hopefully

pang72

51,518 posts

Posted by pang72 > 2 days ago | Report Abuse

54/54.4c accumulating strongly

pang72

51,518 posts

Posted by pang72 > 2 days ago | Report Abuse

Steady, quiet, solid accumulating without over showing

nikicheong

2,537 posts

Posted by nikicheong > 17 hours ago | Report Abuse

Not looking good at Kraken. With the drilling cancelled, there is nothing to support the production plateau and the long term viability of the field may be called into question.

https://www.upstreamonline.com/rigs-and-vessels/partner-dispute-leads-to-costly-rig-cancellation/2-1-1741948

Gabriel Khoo

1,022 posts

Posted by Gabriel Khoo > 9 hours ago | Report Abuse

How long the current field will last?

Gabriel Khoo

1,022 posts

Posted by Gabriel Khoo > 9 hours ago | Report Abuse

The company also announced that it has decided to terminate a rig contract with Dolphin Drilling at its Kraken oilfield after joint venture partners were unable to agree on a 2025 asset drilling programme. This will cost the company $14.6m but reduce 2025 planned capex by $60m.

RayLee

156 posts

Posted by RayLee > 1 hour ago | Report Abuse

RHB buy calls also. Let's hentam Armada

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