http://www.marketwatch.com/story/this-big-us-fracker-is-most-likely-to-keep-the-oil-flowing-2015-03-17

During a discussion on the future of the U.S. shale-oil industry earlier this month, Phil Flynn, senior market analyst at Price Futures Group, and James Williams, an economist at WTRG Economics, said they expected a major decline in shale-production output during the second half of 2015 to cause a big rebound in prices.

The number of active U.S. oil and natural-gas rigs declined by 56 in the week ended March 20, to 1,069, according to Baker Hughes BHI, -0.67% That is 41% fewer active rigs than a year ago.

Do you all think this is true ?

We need a strong team to purchase all the lose shares.
We know someone is collecting at low price but there r still some coward willing to sell to them.

Still got a lot of weak holder......no teamwork

There is only 2 ways to push the oil price up.
1) US Dollar down
2) Another Middle east WAR

ALAM and Barakah is a very good company.
OPEC and US pump more oil to cover for price drop and market share.
PETRONAS could do the same by pumping more oil, then Alam and Barakah will have more job and revenue.

As long as you don't sell, u still can make profit as the company is doing well and cash rich.
If u sell now, confirm loss.

They are not stupid but smart..
If you want to buy more, you will push the price down.
Once all those cannot hold sold all their shares. Only remaining those investors like us which plan to hold for long term. Then.......just wait for oil price to go up end of the year or maybe next year.

EPF everyday still accumulating is big volume ?

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1907453

EPF Acquired 16/03/2015 6,000,000

Got good support even with oil price drop.
Investors slowly accumulating as top 30 shareholders is holding more than 75% of total shares after HL boss acquire at RM1.35......NTA RM0.90
Caprice Capital International Ltd & Poh Yang Hong is still buying is big volume.
I hope one day Alam go private at RM1.35

Sometime it's good to have impairment when oil price down
Later when oil price up, then there will be one time extra ordinary gain.
so long term same same.

the impairment is a non-cash item and impact may be muted as it could be offset by the inclusion of new gas reserves discovered in 2014

No matter Oil price up or down, Alam still need to provide services to Petronas.
With contract more than 1 billions. Should have no problem getting profit next 2 years.
Half price compare to HL boss buying at $1.35
So why selll when u have already hold for so long ?

ihunter.......since u know revenue is ok for this quarter, is there any impairment in this quarter result ?

There must be some reason why EPF continue accumulating SKPetro shares in big volume.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1904065

EPF Acquired 11/03/2015 3,899,600
887,140,994 = 14.81%

http://www.theedgemarkets.com/my/article/saudi-oil-adviser-says-strengthening-demand-will-lift-prices

Growth in U.S. output, currently rising by 1.2 million barrels day, will slow by the end of this year to 500,000-700,000 barrels a day, Ed Morse, Citigroup Inc.’s head of commodities research, said at the conference. The slower rate of increase in U.S. production could last for a decade, Morse said.

http://www.theedgemarkets.com/my/article/saudi-oil-adviser-says-strengthening-demand-will-lift-prices

Growth in U.S. output, currently rising by 1.2 million barrels day, will slow by the end of this year to 500,000-700,000 barrels a day, Ed Morse, Citigroup Inc.’s head of commodities research, said at the conference. The slower rate of increase in U.S. production could last for a decade, Morse said.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1900525

EPF Acquired 09/03/2015 12,000,000

Good support at RM2.40
A lot of investors and EPF accumulating.
Later when Mokhzani news cool down. SKPetro will back to normal....Slowly recover to RM2.60 - 2.80...may take some time....still depend on oil price.

Mokhzani and Director resign without replacement.
SKpetro can save a few million RM a year from their Vice Chairmen and Director fees.

EPF still buying in big volume

When all those cannot hold sold their shares......and those no plan to sell will not sell.
Then ALAM can fly high. SO please together hold tight tight.

SO many stupic and coward selling at $0.68 ?
They push the price down so that they could accumulate more at cheaper price.
Yet so many cheated by them.

They push the price down so that they could accumulate more at cheaper price.
But still so many cheated by them.

There is so many stupic and coward still selling ALAM at $0.68.

US$3.71 up maybe good for SKpetro as they are selling using US$

When result will be out ?

Do not sell just because oil proce drop and buy when oil price is up the next day.
Just buy and keep for long term as the company is doing well and cash rich after injection from HL boss last year when he bought at RM1.35

Even with the Crude oil price drop, there is still a lot of work for Alam.
Alam will remain profitable for the next few years and the NTA will continue going up.

When US$ is up to RM3.70, meaning that local oil price is getting more expensive in term of Malaysian Ringgit. So oil price is actually up in RM and not down.
Petronas need to pump more oil to support local demand. there will be more work for local oil and gas company.

When US$ is up to RM3.70, meaning that local oil price is getting more expensive in term of Malaysian Ringgit. So oil price is actually up and not down.
Petronas need to pump more oil to support local demand. there will be more work for local oil and gas company.

No need to monitor everyday

Alam NTA - RM0.90
Now RM0.70....undervalue stock......buy and just keep for a few months. U will see the profit later.

For those who can't pick up and hold, please don't buy Alam shares and get loss.
We only welcome good investors with confident with Alam.

Caprice Capital International Ltd and Poh Yang Hong is collecting...they can wait because they have the money and time.
so why so panic and sell to them such a low price ?

Look like buyer can wait.....seller just not sure because they have no goal and direction.
Buyer mostly win....seller always losser

think of long term, maybe 6 months to 1.5 year.
...not today or next week. You won't know tomorrow oil price....but long term should be up.

Oil price one day sure go up again. If u can hold, most probably u can gain from investment.
Is u sell now....confirm loss.
Alam below $0.70 can consider cheap....don't forget HL boss bought at $1.35 last year.
Half price.....50% discount.

It's good to have impairment now......later when Oil price go up.....then one time extra oridinary gain.
better.

Hope Oil price can go up to $60 - $70 second half 2015. Anything is possible,

Just bought some at $2.44 after lunch.

As long as EPF and Tan Sri Dato' Mokhzani Mahathir is not selling their shares. Then don't have to worry.

Who will be the new Vice Chairman ?
Dr. M ? or Tan Sri Dato' Mokhzani Mahathir son ?
Just wait for the announcement. Market will rebound if the right person chosen.

But there are still a lot of people panic and sell to them.

they push the price down so that they could buy cheaper.
Today they do the same.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1893745

Caprice Capital International Ltd - acquired 03/03/2015 - 4,180,000 shares - total : 7.86%

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1893753
Poh Yang Hong - acquired 03/03/2015 - 4,180,000 shares - total - 8.02%

Why so many selling at 0.695 ?
Later when oil price go up......they will start buying again at higher price.....stupic and funny investors.

Don't understand why keep on going down.

With NTA RM0.90
Cash in Hand RM240 miilio

http://www.theedgemarkets.com/my/article/brent-holds-above-60-after-saudi-price-hikes

SINGAPORE (Mar 4): Brent held above $60 a barrel on Wednesday supported by a hike in Saudi crude prices and strikes on oil facilities in Libya.

In a move widely seen as a vote of confidence by Saudi Arabia in demand recovery, the OPEC kingpin raised the official selling prices (OSPs) for its oil deliveries to Asia and the United States on Tuesday.

"This is a sign that prices have bottomed out because it means Saudi is confident in raising prices without being afraid of losing market share," said Tony Nunan, a risk manager at Mitsubishi Corp in Tokyo.