Look like some organization restructuring in Alam. Hope it is better for Alam. I expect the price should not lower than rm1.30 and should revrse the trend by 1 or 2nd week of Apr
Good sign if share price do not go lower. Anyway still buy in few lots if price at rm1.34 to average the price. i still believe the trend will reverse within this 1 or 2 weeks.
All of my stocks are not doing well lately. I bought Alam around 1.53 and has gone down since. Today I notice bulk purchase of half a million at 1.36, I do hope the price will recover soon. Thank you.
I just jumped in when the price at rm1.42 , this is my 2nd round for this counter. At present, my average is about rm1.40 about -3% after consider all the fee.
Aiyo sotsot......sure Alam no contract so far meh......like that difficult liao lor.....may drop further to 120+.........waiting there.........ha ha ha
Actually I read it from The Star months ago! Something like Techip very sure getting contract from PETRONAS and Alam very sure getting piece of the action on JV! I don't know! Nowadays not so interested in oil and gas counters except SKPetronas! And stagnant Hibiscus!
AmResearch says its remains positive on the oil & gas sector as the roll-outs of Malaysia’s multiple enhanced oil recovery (EOR) projects will continue to underpin the re-rating cycle.
"We maintain our OVERWEIGHT call on the sector, with our BUY calls for SapuraKencana Petroleum, Bumi Armada, Yinson Holdings and Alam Maritim Resources while we have HOLD recommendations for Petronas Gas and Dialog Group," said AmResearch in its research note today.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Investeye
2,347 posts
Posted by Investeye > 2014-03-24 11:26 | Report Abuse
Locked in rm1.35 few lots to average the lprice