Posted by metalmonk > 2014-04-18 10:44 | Report Abuse

Alam has already secured contracts for future. What determines the share price is then about future growth..

What are Alam drawbacks:
Offshore installation and construction (OIC) business and their underwater divisions (no income at all)
their growths on vessels business with 90% utilization rates is their strengths currently.

so if they can secure OIC and underwater contract, surely it can easily reach the FV target of 2.00 because alam is consider laggard compared to other Oil n Gas counter..

another new development just before the share price going up and the increase activity is that they are investing in new US$80mil (RM262mil) modern diving support ship (DSS), which will be operated together with a joint-venture partner as part of Alam’s strategy to secure more underwater inspection, repair and maintenance (IRM) jobs. This vessel will be deployed together with the group’s fleet of remotely operated vehicles (ROVs).As its a joint venture, i foresee they will get contracts soon and improve the no income in underwater divisions..

My 2 cents

Posted by Investeye > 2014-04-18 11:12 | Report Abuse

Metalmonk, you are right. The good thing about Alam is it management is proactive to manage their business and explore the opportunity after restructuring after a downturn few years ago.

Posted by Gusen > 2014-04-18 11:46 | Report Abuse

waiting 1.6 :)

Posted by inikalilah888 > 2014-04-18 11:48 | Report Abuse

Huhu~~~

Posted by TaurusGal82 > 2014-04-18 11:49 | Report Abuse

beautiful!

Posted by inikalilah888 > 2014-04-18 11:55 | Report Abuse

1.6 d!!!

Posted by Gusen > 2014-04-18 11:55 | Report Abuse

ini kali lah!!!

Posted by Investeye > 2014-04-18 11:56 | Report Abuse

Sold half of Alam at RM1.58 to lock in the profit. Thanks Alam. You are so beautiful!

Posted by metalmonk > 2014-04-18 11:58 | Report Abuse

There must be something brewing.. some upcoming changes or net buy from foreign.. let's see if it can challenge previous high at 1.67

Posted by TaurusGal82 > 2014-04-18 11:58 | Report Abuse

alam is backkkkkkkk!

Posted by joni > 2014-04-18 11:58 | Report Abuse

already 1.60

Posted by Alex Lim > 2014-04-18 12:10 | Report Abuse

go go go...a le a le a le

Posted by Tan Sze > 2014-04-18 12:12 | Report Abuse

sold 60% ! buyers are so rich !! buying in hundred lots ....

Posted by abdulrahim > 2014-04-18 12:18 | Report Abuse

deep sea explorations DP ship

Posted by bachok alwee > 2014-04-18 12:21 | Report Abuse

good ALAM not putar alam

Posted by buffet88 > 2014-04-18 12:23 | Report Abuse

should be touching 1.90 soon. Company announcing great moving forward plans.

Posted by tinyinvestor > 2014-04-18 12:28 | Report Abuse

when the news is going to be announced?..anyone know..

Posted by ken9775 > 2014-04-18 12:55 | Report Abuse

Now the resistance for ALAM is at 1.60,if it can breaking this level and stand above 1.60 then RM 1.80 to 1.90 is not a dream..be patient

Posted by ken9775 > 2014-04-18 12:57 | Report Abuse

It had been 4x break 1.61 to 1.66 but after that down back to 1.40 level..so hopsfully this time it a real time to boost..

Posted by Investeye > 2014-04-18 13:24 | Report Abuse

Sold 75% at rm1.58 & rm1.59 to lock in the gain , if price go down will buy back some lots.

Posted by Tommylim > 2014-04-18 14:32 | Report Abuse

With upcoming sk316 contract award by Petronas and latest purchase of DSS, I believe the fair value for Alam is 2.30. I compare Alam with Perdana with market price of 1.90. Perdana is much smaller than Alam.Thank you

Posted by warrenbuffett0830 > 2014-04-18 15:05 |

Post removed.Why?

Posted by joni > 2014-04-18 15:37 | Report Abuse

naturally ... profit taking

Posted by MAMEE MONSTER > 2014-04-18 16:02 | Report Abuse

DESMOND!!!!

Posted by Kamaruzaman Mahmood > 2014-04-18 16:17 | Report Abuse

Jual 158, 4 day gain...larii n buy back become 140

Posted by 33448923 > 2014-04-18 19:08 | Report Abuse

volume makin hari makin besar next week nak sampai 1.65++ go go go

Posted by Tom > 2014-04-18 19:44 | Report Abuse

Ada Desmond(diamond) di sebalik batu, hahahhaaaaa

Posted by fortunebullz > 2014-04-18 19:52 | Report Abuse

Need to break 1.60 to see it fly, sky is the limit! Or else it will drift lower!

Posted by joni > 2014-04-19 23:03 | Report Abuse

close weak better profit take ; make your best call

Posted by Jennie > 2014-04-20 23:25 | Report Abuse

I am looking for MAMEE. MAMEE you come out now. please.

Posted by n3lly > 2014-04-21 01:06 | Report Abuse

anyone can confirm rumours on new shareholder emerging?

Posted by horse2014 > 2014-04-21 09:10 | Report Abuse

Any one know what is the TP for this week? Already hit 1.62.

Posted by Gusen > 2014-04-21 09:18 | Report Abuse

today possible 1.69

Posted by george_poros > 2014-04-21 09:26 | Report Abuse

been there, done that ... baik lari at 1.60 and wait for it to fall again

Posted by buffet88 > 2014-04-21 09:48 | Report Abuse

it should hit 1.80 short term. momentum very strong.

Posted by inikalilah888 > 2014-04-21 09:48 | Report Abuse

huhuhuhu.....MAMEE.....

Posted by Gusen > 2014-04-21 10:06 | Report Abuse

today rocket!!

Posted by Coco Chen > 2014-04-21 10:08 | Report Abuse

还会涨吗？我1.52买的，想要卖了。

Posted by Investeye > 2014-04-21 10:08 | Report Abuse

Break rm1.65! Go.. Go. Rm1.66

Posted by fortunebullz > 2014-04-21 10:09 | Report Abuse

Not surprise! Read news that got contract soon!

Posted by inikalilah888 > 2014-04-21 10:10 | Report Abuse

On fire now...better dont sell first...

Posted by Tan Sze > 2014-04-21 10:11 | Report Abuse

haha investeye u left 25% ??

Posted by Gusen > 2014-04-21 10:12 | Report Abuse

at least sell 1.69

Posted by metalmonk > 2014-04-21 10:13 | Report Abuse

critical point if it can challenge and stay above 1.67.

Posted by fortunebullz > 2014-04-21 10:14 | Report Abuse

With go above 1.80!

Posted by Gusen > 2014-04-21 10:16 | Report Abuse

rocket come! better don't sell first

Posted by metalmonk > 2014-04-21 10:17 | Report Abuse

yes, 1.67 challenged...

Posted by Investeye > 2014-04-21 10:18 | Report Abuse

Yes, just sold balance half at rm1.67, but I still happy. It is good the people who bought my shares is happy too. so I let about 12.5%

Posted by xenolover > 2014-04-21 10:18 | Report Abuse

what happened here?

Posted by Gusen > 2014-04-21 10:21 | Report Abuse

1.67 too tough