sold mine, re-collecting again @ good bargain

agree...

remember ALAM dropped two consecutive days on 27/28 Aug 2013 for total 28sen? This time we had only 25sen dropped within 3 days, not bad also.

KLCI's MA lines did not have any crossover and its stochastic is in oversold so i strongly believe our market will stage a good rebound next week. So sit tight and we ride through it together :)

not many people able to have bought any at 1.37 coz i was observing it and merely less than 100k were transacted only. Seen around 500k@1.38 transacted on wednesday only.

whatever it is, we'll know on monday session. I'm still confident with ALAM. The US markets closed green positive on friday's session, very good. Based on TA, the US markets' bullish momentum isn't done yet and it stands a good chance to climb for at least next week before retreating. ALAM's fundamental is strong and its management is doing a good job on getting job contracts and managing the company. I don't knw u guys but I feel that the BOD mgt team is doing great job running the company. I always buy heavily into a company coz i visualize myself owning it in real and my great team running it well. ALAM is such tht company so when its price dropped so much few days ago as compared to other O&G counters, i saw a tremedous opportunity to own chunks of it. Not to worry for those who really invest in O&G companies like ALAM.

Now higher chance to go up on monday :)

Guys, here we go with the latest news:
http://www.thestar.com.my/Business/Business-News/2013/11/16/Alam-Maritim-sails-into-calm-waters-New-jobs-raise-groups-order-book-to-RM14bil-one-of-its-highest-l.aspx

if that's the case then if u have a deep pocket, buy to average down and sell accordingly. It would happen if there's a major bad news but to date it's doing well.

lol what's with the mamee thingie ?

finally posted on Bursa, TH bought ALAM's shares:
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1462953

keep an eye on US market tonight to get a glimpse of what to expect on monday session

see u on monday!

hav a good weekend :)

yes today's candle just confirmed that. i expect monday touching 1.51 no problem

see that, we have a bullish candle for today

Good! momentum is building up quickly now

susan68, u sold urs oredi ?

bull is still angry... keep charging ahead.

it's happening now... :)

i observed that now 9 slots again queued 406,700@1.48 Could be a fund buying

it could happen anytime now touching above 1.50

funds or directors buying now.... huge chunks

yes susan, how abt u ?

yes we got it.... cleared 1.48

susan68, are u waging a war against shortsellers? haha

most research house gave the lowest TP @1.90 but for short to medium term, i think it's wise the TP to be moderately above pre-drop level @1.60-1.70

need to clear all queued @1.48 first then we're on d way to first TP

haha no need worry. it will touch 1.50 if not today then monday.

as long it's a bullish candle, we're on our way

market sentiment is positive across the region after FED meeting last nite so i dont think ALAM will go down.

director, fund managers, or... ?

Only 9 slots (434,500 shares) queued @1.47 Quite a big order.

If u are not trying to get the best lower price then the current price is still attractive compared to its peers.

whats there to get grumpy?

TA is just for guidance but the final decision is yours to make

omg thx for the drop.... collecting it now..

current price still very attractive compared to its peers.

johnny, RSI reached extreme oversold level two days ago. Now is still fairly oversold

anyone here bought at 1.37 two days ago?

any price below 1.52 is a keeper :)

ALAM has always find its way back to the 40MA line that's @ 1.52 currently. I'm not surprised the demand will push thru above it. So when reached, if dip down then buy back and keep for good.

ALAM bagging more jobs to be announced.....

Potential wild card. AMRB is bidding for jobs in the Pan Malaysia cluster involving subsea inspection, repair and maintenance (IRM) worth up to MYR2bn. We believe that it stands a good chance of securing some of the packages given the lack of credible local players. The company has also submitted bids for the Pan Malaysia transport and installation projects (package A: estimated at MYR2bn) via its 1MAS300 pipe-lay barge, for which the outcome may only be announced in 1Q14.

http://klse.i3investor.com/servlets/ptres/19041.jsp

yes iafx, there will be more contracts to be awarded by petronas. So much potential for the O&G sector.

i'm expecting orders queued until 1.51 to be bought out and touching some 1.52

we'll see price actions later 4pm onwards

touching 1.50 no problem

susan68, the candlestick formation is positive on chart, dont worry.

but of coz you've gotta pick a good company