KUALA LUMPUR (Jan 7): UOB Kay Hian analyst Kong Ho Meng downgraded the recommendation on Bumi Armada Bhd to sell from buy.

* Price target (PT) lowered to 10 sen from 41 sen, implies 38% decrease. Bumi Armada average PT is 38 sen.

* Bumi Armada had 5 buys, 10 holds, 2 sells previously: Bloomberg data

* Analysts lowered their consensus one-year target price for the stock by 44 percent in the past three months. Forecasts range from 10 sen to 70 sen. 

Performance Metrics

* Investors who followed the analyst's recommendation would have received a negative 82 percent return in the past year, compared with the negative 80 percent return on the shares.