ARMADA above $4.65 by 31-Aug-2012

  • target price: $4.65 ( 4.49 % in 135 days)
  • price when predicted: $4.45
  • current price: $0.76
  • 2122 days pass target date.
I have a TP of RM4.80 for Armada by end of 2012, but its likely to see that surpassed with my guesstimate of a new TP RM5.00 with all the good news and contract wins... plenty more to come.
Armada is holding steady at its current price and with current contract wins and awaiting Q1 FYE 2012 results, imho, the price will slowly tread in between RM4.50 to RM4.80.

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