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6/11: Price seems stable after correction, now expecting a better q3 results. Gdluck .
22/10: 早早提醒存在危机 接刀等跌稳 不要冲动
14/10: Armada all the way shoot up to 0.4 above, now time to wait for the next qr improvements again. More waves to come, stay tuned,cheers ~
23/9 : High order book, improvement of kraken, utilization rate is getting higher and debt restructuring. Next qtr most likely to be profitable as well, hold and buy on dips. Otw back to las
9) Idle Perdana sale to pare down debt, gain on disposal and lower maintenance expense.
10) Hands-on CEO, stock options pricing aligns interest with shareholders to improve share price.
11) Trade war de-escalation, higher global growth and oil demand, higher oil price.
12) Higher capex by Petronas - 36bn in 2H2019, Armada’s OSVs potential beneficiary.
13) Year end window dressing starting soon
14) Foreign funds begin to flow back to Malaysia, one of the worst laggers in Asia. That means an extra push to stock prices.
15) Still grossly undervalued at <1x P/B vs Yinson >2x P/B.
16) Bearish IBs like Maybank and Kenanga who called around RM0.10 TP after Q2 results will have no choice but to upgrade TP after Q3 results out. They already look like the stupidest fool in the market to the institutional investors.
17) EPF holdings quite close to 5% floor. Historically when they reach closer to 5% they net buy. When they reach 7-8% they net sell. When another positive Q3 is out, EPF will get justification to buy more.
18) 2020 will be even better, so it’s a sustained turnaround not just a quarterly hero.
Zhong i see gt any chance come back next time at lower. Ive cut at 0.5 as i mentioned. Just playing short term, must discipline. For mid term holders, still optimistic so far.
Volume getting lesser and bearish reversal now. Idk yr avg price can't gv advise. Last time i told below 0.5 must cut. Might test support back to 0.45/0.46 in short term.
As i mentioned earlier fair value max only 0.53 . Being dragged down by massive debts, the profit they can earn only can repay interest, long term wise sustainability remain questionable
Gay Kok not like last time liao la after he sold. He changed jor. See his pattern talking for this particular shares not same as last time liao lo. Anyways, most important now is... SKL GAY THOMAS IS BACK!
Lol paikiakia, talk based on technical and facts ma, not talk coxk like others. I already told reversal on 0.5 based on ta, and now the price shows it...
Zhong no ideas now, 0.5 support just break now testing 0.45 support quite strong. Hope can back to its value, i believe o&g trend will continue next year. Seems like coming back above 0.5,looking good
most short term traders only see the last few qr performance but overlook the previous year of big losses. the company already losses 2.3billion compare to the small profit
Actually I have been observing Armada operator style, when at 0.20 time, operator really like the price to stay around 0.20-0.21, then collected cheap shares, same to 0.30-0.31, then 0.35-0.355, then 0.40-0.41, then again 0.45-0.455 (up two times to 0.55), and now 0.465, Armada operator will be doing the same again, to collect at 0.45-0.46 again and again, take note on this
Hi Thomas, in my opinion i think Armada next qr remain uncertainties. Because year end we have monsoon weather might affect their business. While the court case and huge debt are the impacts as well. Armads have to show significant growth in future to move further. Just my 2 cents.