ALAM MARITIM RESOURCES BHD

KLSE (MYR): ALAM (5115)

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Last Price

0.03

Today's Change

-0.03 (100.00%)

Day's Change

0.00 - 0.00

Trading Volume

1,160,800


44 people like this.

15,212 comment(s). Last comment by koyokui 10 hours ago

iafx

4,632 posts

Posted by iafx > 2014-01-10 21:48 | Report Abuse

alam's OSV order book now stands at RM1.2bn

othman66

68 posts

Posted by othman66 > 2014-01-10 22:03 | Report Abuse

Novice8.......nextweek will be break 1.60. Rumour target 1.68 next week

thesteward

6,782 posts

Posted by thesteward > 2014-01-10 22:04 | Report Abuse

Not surprising...most other peers already up alot

iafx

4,632 posts

Posted by iafx > 2014-01-10 22:06 | Report Abuse

IB gave $2, same tp level as barakah, perisai

novice8

603 posts

Posted by novice8 > 2014-01-10 22:46 | Report Abuse

Okay tq Othman!

Dkwee

210 posts

Posted by Dkwee > 2014-01-10 23:26 | Report Abuse

Hopefully everyone here can get CNY big angpow lor..

ohkns

1,365 posts

Posted by ohkns > 2014-01-11 14:03 | Report Abuse

Tabung Haji's Coastal up....next show....Alam. Up, up and away!

Posted by MAMEE MONSTER > 2014-01-12 22:57 | Report Abuse

EAT MAMEE!

Jack Knight

1,024 posts

Posted by Jack Knight > 2014-01-13 13:19 | Report Abuse

i am still hungry for more...

Tops

8 posts

Posted by Tops > 2014-01-14 13:07 | Report Abuse

Can you please EAT UP TROP (5401) ?Thanks.

kimtj

4,343 posts

Posted by kimtj > 2014-01-14 18:19 | Report Abuse

Tmw fly gudluck!

thesteward

6,782 posts

Posted by thesteward > 2014-01-16 12:04 | Report Abuse

does anyone knows why Alam behaving so badly ?

Posted by cheahts65 > 2014-01-16 13:19 | Report Abuse

strong resistance at 1.60 for this Alam stock..it has tested many times but failed to break..I noticed the chart is forming ascending triangle pattern and waiting for breakout

thesteward

6,782 posts

Posted by thesteward > 2014-01-16 16:39 | Report Abuse

real bad

Posted by 秦始王 > 2014-01-16 21:08 | Report Abuse

BECAUSE IT NEED TO WAIT TROP (5401) TO BE GORENG BEFORE UP

katani17

190 posts

Posted by katani17 > 2014-01-17 08:29 | Report Abuse

why yesterday drop 5cent b4 climb to 1.52 again

Posted by jasonpaul > 2014-01-18 23:57 | Report Abuse

steady..oil and gas counters are hot gem...alam will be bounce back

Posted by Kong_Sing_Yee > 2014-01-22 22:33 | Report Abuse

YES

Posted by Kong_Sing_Yee > 2014-01-22 22:33 | Report Abuse

It Will

Posted by master_raikun8 > 2014-01-30 14:42 | Report Abuse

everyday red... :(

Posted by richienexus > 2014-01-30 15:00 | Report Abuse

Alam is a good potential profit making stock. Start to accumulate now during the time when the price is falling. Institutional investors will accumulate when the price is low, when the price is falling. They will accumulate over a long period and not just two or three days. they will slowly and slowly accumulating the stock. When the price goes up and up, it will be the time for the institutional investors to sell to make profit. So..., be like them and not to worry.

Joyce

105 posts

Posted by Joyce > 2014-01-30 15:11 | Report Abuse

WHY OH??????????????????????????????????????????????????????????

anbz

5,163 posts

Posted by anbz > 2014-02-03 19:05 | Report Abuse

tuesday disposing time...berita sudah keluar- gambar besar-...meaning time to run

Azauddin

31 posts

Posted by Azauddin > 2014-02-03 20:28 | Report Abuse

Berita APA?????

yungshen1

2,134 posts

Posted by yungshen1 > 2014-02-03 21:15 | Report Abuse

is time for alam shareholder cut loss now.if price down below 1.390

Ben101

44 posts

Posted by Ben101 > 2014-02-03 21:22 | Report Abuse

What kind of news?? can anyone advise?

yungshen1

2,134 posts

Posted by yungshen1 > 2014-02-03 21:29 | Report Abuse

run now. before too late.

anbz

5,163 posts

Posted by anbz > 2014-02-03 22:40 | Report Abuse

The Star biz segment on monday...front page with big picture of Alam's Vessel -very big picture- and with very positive news also in 2nd page...

just my 2 cents...usually it is time sell..from experiences...but i may be wrong

optimus7

571 posts

Posted by optimus7 > 2014-02-03 22:44 | Report Abuse

Wakakaka.. clearance sales.

Posted by Ratna NinjaGal > 2014-02-03 22:48 | Report Abuse

But don't sell yourself short.
wakakaka

speakup

27,014 posts

Posted by speakup > 2014-02-03 22:50 | Report Abuse

anbz, yes sell when news out.

optimus7

571 posts

Posted by optimus7 > 2014-02-03 22:50 | Report Abuse

Why every n any things I write get flag?.?. Wakakakaka. I m so popular.

Funtrade

596 posts

Posted by Funtrade > 2014-02-03 22:57 | Report Abuse

Optimus the flag collector. Blue flag, orange flag, red flag all fully collected. haha.

optimus7

571 posts

Posted by optimus7 > 2014-02-03 22:58 | Report Abuse

I m loving it!

Posted by Teo Hock Song > 2014-02-03 23:01 | Report Abuse

If it is a positive news, why there's a need to sell ?

anbz

5,163 posts

Posted by anbz > 2014-02-03 23:09 | Report Abuse

Posted by Teo Hock Song > Feb 3, 2014 11:01 PM | Report Abuse

If it is a positive news, why there's a need to sell ?
----
Posted by speakup > Feb 3, 2014 10:50 PM | Report Abuse

anbz, yes sell when news out.
---
your choice..your money...just the usual thought..no need to follow....but that is the way 'THEY' operate occasionally

anbz

5,163 posts

Posted by anbz > 2014-02-03 23:28 | Report Abuse

funtrade...after i checked....u are right...i;m wrong...silly me ..sorry sorry sorry everyone..it was perdana

anbz

5,163 posts

Posted by anbz > 2014-02-03 23:29 | Report Abuse

but they are twins , aren't they?

Posted by master_raikun8 > 2014-02-04 14:42 | Report Abuse

red all the way...

Joel

4,580 posts

Posted by Joel > 2014-02-04 16:21 | Report Abuse

9MFY13net profit exceeds our full-year estimate. AMRB’s 9MFY13
core net profit of MYR76.3m (+36% q-o-q, +88% y-o-y) beat our full year
estimate by 2%. The numbers made up 92% of consensus’ full-year
forecast. This was due to the significantly higher profit contribution from
its jointly-controlled entities (JCE), driven by a higher vessel utilization of
about 90%. The 9MFY13 gross profit margin (GP) improved significantly
in 9MFY13 to 20% from 15% in 9MFY12. However, the higher staff and
other operating costs were mitigated by

Joel

4,580 posts

Posted by Joel > 2014-02-04 16:22 | Report Abuse

Outstanding orderbook estimated at MYR2bn. AMRB has secured a
contract for the provision of a straight supply vessel (SSV) to an oil & gas
(O&G) company, which boosted its estimated orderbook to MYR2bn.
Given the tightening supply of vessels in the Malaysian market and
growing demand due to more contracts potentially being awarded by
Petronas, we believe AMRB stands to be one of the biggest
beneficiaries, thanks to its large fleet of vessels.

Joel

4,580 posts

Posted by Joel > 2014-02-04 16:22 | Report Abuse

Maintain BUY, with MYR2.25 FV. We nudge our FV higher to MYR2.25
from MYR2.00, at an unchanged target FY14 P/E of 14x. We revise
higher our FY13 and FY14 earnings estimates by 15.6% and 10.1%
respectively to reflect improved contribution from JCE. We believe that
AMRB will be able to maintain its high vessel utilization rate given that
more T&I projects that require the use of its vessels may be awarded.

Joel

4,580 posts

Posted by Joel > 2014-02-04 16:27 | Report Abuse

good to accumulate at rm1.40 something right now.

Posted by master_raikun8 > 2014-02-05 09:30 | Report Abuse

Alam is coming back!

TaurusGal82

1,204 posts

Posted by TaurusGal82 > 2014-02-05 09:54 | Report Abuse

Yes!

ALAM MARITIM RESOURCES BHD  ALAM  5115
Year Q1 Q2 Q3 Q4 12Month Audited EPS
2012 0.9 2 2 2.7 7.6 7.4
2013 2.8 3.7 2.7 - 9.2 -

evaluate yourself! :D

joel

4,580 posts

Posted by joel > 2014-02-05 16:30 | Report Abuse

Exxon Extends Accommodation Barge Lease in Malaysia

Posted on Feb 5th, 2014 with tags Accommodation, Barge, Extends, Exxon, Lease, Malaysia .
Malaysia’s supplier of offshore vessels Alam Maritim has been awarded an extension of its contract with ExxonMobil for the provision of one accommodation barge.

The extension of the contract will be effective from 1 February 2014. ExxonMobil has decided to extend the contract for a one year period.

The value of the contract extension is estimated to be around $17.6 million (RM58.8 million).

Offshore Energy Today Staff, February 05, 2014

joel

4,580 posts

Posted by joel > 2014-02-05 19:19 | Report Abuse

Gets Extension On Existing Contract

Alam Maritim (AMRB)’s wholly-owned subsidiary has been awarded an
extension worth MYR58.8m on its contract to provide an
accommodation barge. The 12-month extension took effect on 1 Feb
2014. We make no changes to our FY14/FY15 earnings forecasts as the
extension has been reflected in our numbers. Maintain BUY, with an
unchanged FV of MYR2.25, based on a target FY14 P/E of 14x.

1. 12-month contract extension worth MYR58.8m. AMRB announced
that its wholly-owned subsidiary, Alam Maritim (M) SB, has been
awarded an extension of its existing contract with ExxonMobil
Exploration & Production Malaysia Inc (EMEPMI). The contract involves
the provision of an accommodation barge by AMRB for a period of 12
months. The extension, which took effect on 1 Feb, is worth about
MYR58.8m.

2. FY14/15 earnings estimates remain intact. We maintain our FY14/15
earnings estimates as the contract extension has been reflected in our
forecasts. We have imputed an average fleet utilisation rate of around
82% throughout FY14/15. We do not expect any vessel to be idle for
more than two months as we believe demand for offshore support
vessels (OSVs) remains buoyant.

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