ST T's comment on ARMADA. All Comments

ST T
2 Like · Reply
Crude oil USD per barrel
2015-18: 50~60~35~50~60~75~45
2019: 45~65~45
2020: 60~20~60
2021: 40~60~80
2022: 70~120~95~70 (est.)

Net Margin
2015-18: -235m, -1.9b, 352m, -2.3b
2019: 58m
2020: 125m
2021: 574m
2022: 600m (est. at least)
which will lead to NTA of 0.74 increase at least 0.06-0.07 to 0.80-0.81.

Share price
2015-18: 1~1.25~0.8~1~0.8-0.5~0.8~0.15
2019: 0.15~0.30~0.50
2020: 0.55~0.35~0.10~0.35
2021: 0.35~0.45~0.55
2022: 0.45~0.55~0.40~0.32
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ST T
So, it is under value now.
The TP will be subjected to the market sentiment rather than the fundamental rational.
For those can hold for long, there is opportunity of capital gain from lower market price till it rebound.
Just a sharing without any buy call ya.
Invest on your own risk.
I'm waiting for 0.30 to have second buying for average down to 0.34 from current 0.38 and hold for long term.
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Like · 2 years · translate
dd tan
Good point.

I think probably with current situation 0.28 is still possible.

it will be a very term buy not just malaysia, all over the world same issue which many stock crash over 50%
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Like · 2 years · translate