Truths Half Truths & Deceptions


Bumi Armada Headwinds Tailwinds

Friday, 14 September 2018, 10:38 | Stocks Shares & Markets |

Bumi Armada (5210) share price has moved up a little since end of last month. Sluggish though. I pitched it when it was at 52.5 sen, essentially going with the view of CGSCIMB analyst's view. The cause for the collapse in its share price from 70 sen was due solely to the 'shocking' disclosure of the size of the losses. Armada made a huge write...

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