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

1,051,300


44 people like this.

15,212 comment(s). Last comment by koyokui 6 hours ago

Tan Sze

58 posts

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

haha ... i left 40 % .... nt sure to sell or not now ...

muiche

24 posts

Posted by muiche > 2014-04-21 10:27 | Report Abuse

possible to reach 2.00?

Investeye

2,347 posts

Posted by Investeye > 2014-04-21 10:27 | Report Abuse

Actually I try to buy back some at rm1.54 . I hope my next hope (YTL) can harvest this year is good enough for me.

Posted by bachok alwee > 2014-04-21 10:28 | Report Abuse

cimb tp rm2.00

Gusen

1,871 posts

Posted by Gusen > 2014-04-21 10:33 | Report Abuse

sold @ 1.66, thanks Alam :)

Posted by george_poros > 2014-04-21 10:34 | Report Abuse

i let go too soon, but good luck guys. hope u make tons of $$$!

Investeye

2,347 posts

Posted by Investeye > 2014-04-21 10:41 | Report Abuse

http://klse.i3investor.com/blogs/amresearch/50596.jsp
TP from amesecurity

Investeye

2,347 posts

Posted by Investeye > 2014-04-21 10:43 | Report Abuse

Alam Maritim is eyeing a slice of the sub-contracting works in relation to the RM10bn Pan Malaysia offshore transport and installation (T&I) jobs. To recap, in Dec 2013, Petronas awarded four T&I packages, worth about RM10bn, to three parties, namely Barakah (package A), Puncak Niaga's Global Offshore (package B) and SapuraKencana (packages C and D). Alam is in talks with these three parties to become their sub-contractor. Alam's pipelay barge, 1MAS300 is on standby for the potential jobs. The three parties are awaiting word from Petronas on the timing to mobilise their assets. Once they get the instruction, Alam can fill the slot by providing its asset for the job. Work is expected to start in 3Q14. (Edge Weekly)

metalmonk

174 posts

Posted by metalmonk > 2014-04-21 11:14 | Report Abuse

If you are trader, then look towards the 1.67.. it has happened that if it fails to challenge 1.67 it will usually fall back to 1.30 to 1.40 range.. look at the charts. why it's not 2.00 because simply their underwater business are having zero income since begin of this FY..

if you look at long term, then you can see that their management are doing something about their underwater business, that is buying new vessels that specialize in this area and doing JV with someone that are more renown for this area.

If you are long term, then hold it as they will surely get better after this.

Investeye

2,347 posts

Posted by Investeye > 2014-04-21 12:08 | Report Abuse

Metalmonk, I agreed with you that in long term Alam is potential to reach it TP of rm2+.
As for my investment, if my long term investment can achieve the gain much exceed the projected return (don't forget the main objective of investment to to get reasonable return) and balance with the risk ( potential risk in the market and it performance), I may decide to sell it. So far, only 1 share I still accumulate at low, this share is Pharma. This is due to no matter what market is ( economic is not good, H law pass, .....)the demand is still there and it is in expansion mode to Indo and Arab.

Investeye

2,347 posts

Posted by Investeye > 2014-04-21 12:17 | Report Abuse

I can gain more if I buy back when down again, of course if the price continue up I will miss to gain more but I better strict with my target return ( else to rule by our greediness, we can't forever gain until maximum. So, let those who buy it happy at the moment they but it.)

Posted by inikalilah888 > 2014-04-21 14:35 | Report Abuse

Second round...gogogo

chean1984

470 posts

Posted by chean1984 > 2014-04-21 16:07 | Report Abuse

still can't break 1.67.

metalmonk

174 posts

Posted by metalmonk > 2014-04-21 16:38 | Report Abuse

let's see till end of day and how is it tomorrow...

imoogi99

1,640 posts

Posted by imoogi99 > 2014-04-21 16:59 | Report Abuse

Nice closing for today with good volume....if tomorrow market still positive, it should be able to break 1.70.

xenolover

416 posts

Posted by xenolover > 2014-04-21 17:08 | Report Abuse

ha ha ha , bared hand catch flying katana... nice catch.

buffet88

237 posts

Posted by buffet88 > 2014-04-21 17:12 | Report Abuse

just sold 35k shares at average price 1.64. average cost price 1.47.

33448923

487 posts

Posted by 33448923 > 2014-04-21 17:14 | Report Abuse

good Volume tomorow can go to 1.70++

Posted by inikalilah888 > 2014-04-21 17:17 | Report Abuse

Congraz...buffet88...
My average price at 1.5, but i'm decided to hold this time... :)

steelheart

1,832 posts

Posted by steelheart > 2014-04-21 18:08 | Report Abuse

tomorrow no need to trade la...LoL...see what happens on wednesday...if like barakah last time...announce project but nothing very significant happen...hope Alam is not like that...

Jact5796

174 posts

Posted by Jact5796 > 2014-04-21 18:48 | Report Abuse

still can enter in this counter now ?

fortunebullz

2,000 posts

Posted by fortunebullz > 2014-04-21 18:51 | Report Abuse

Jact! Why want to enter now! Why not at 1.40 or 1.50!

Jact5796

174 posts

Posted by Jact5796 > 2014-04-21 18:58 | Report Abuse

fortunebullz: my frens told me about this counter 2 weeks ago but i din follow. And surprisingly c u and steelheart are here... i m one of ur follower from instaco. lol...

fortunebullz

2,000 posts

Posted by fortunebullz > 2014-04-21 19:00 | Report Abuse

No point jumping in now!

Alex Lim

588 posts

Posted by Alex Lim > 2014-04-21 19:09 | Report Abuse

2 days suspend...wah....solf 50% at 1.58 last Friday....little regret now..

harryt30

181 posts

Posted by harryt30 > 2014-04-21 19:37 | Report Abuse

This suspend will be good new or bad new for ALAM??

steelheart

1,832 posts

Posted by steelheart > 2014-04-21 19:39 | Report Abuse

Harry, good news for sure but whether the price will shoot up thats another thing. Sometimes good news can have unexpected results...then everybody will start saying the popular term "buy on rumor, sell on news" hehehe...

harryt30

181 posts

Posted by harryt30 > 2014-04-21 19:48 | Report Abuse

Steelheart, i hold this share from last year May. average at 1.45. hopefully can shoot up. then i will huat lar!!! haha~~

imoogi99

1,640 posts

Posted by imoogi99 > 2014-04-21 19:56 | Report Abuse

Oops....announcement of suspension...then no longer breaking 1.70....it will be 1.80 lor. That's the reason why today had a nice closing.

Tom

228 posts

Posted by Tom > 2014-04-21 20:09 | Report Abuse

MAMEE!!! THe MAgic from MAMEe KAWAN!!

Thank You!!!

fortunebullz

2,000 posts

Posted by fortunebullz > 2014-04-21 20:09 | Report Abuse

Game over! Once open better sell on news! Rumour days cut short!

Tom

228 posts

Posted by Tom > 2014-04-21 20:15 | Report Abuse

2013, Desmond stucked at 99 sen, MAMEE stucked at 88 sen hahahahahahaaa hihihiiihihi

Investeye

2,347 posts

Posted by Investeye > 2014-04-21 20:32 | Report Abuse

Great, this will be extra bonus and hopefully break rm1.70 !

fortunebullz

2,000 posts

Posted by fortunebullz > 2014-04-21 20:33 | Report Abuse

Investeye! Probable open 1.70 or higher then drift down! You know the drill sell on news!

jackson87

475 posts

Posted by jackson87 > 2014-04-21 20:40 | Report Abuse

Open high close low

Investeye

2,347 posts

Posted by Investeye > 2014-04-21 20:53 | Report Abuse

http://www.theedgemalaysia.com/mobile/article.php?id=286021
Look like not many research housing believe Alam will get a Big project.
Fortunebullz, I just left few lots (balance 12.5% only) and will clear all these lots soon. Of course may pick up if price down ( lower than rm1.60)

buffet88

237 posts

Posted by buffet88 > 2014-04-22 00:16 | Report Abuse

Announcement will be Positive. Open on Wed at 1.90 and will break 2.

Harryt30

181 posts

Posted by Harryt30 > 2014-04-22 06:41 | Report Abuse

It only will open on Thursday. Suspend for 2 days .

kleboy

292 posts

Posted by kleboy > 2014-04-22 10:42 | Report Abuse

Aiyoyo ... suspend

davors

889 posts

Posted by davors > 2014-04-22 12:39 | Report Abuse

if deny the news then mati~

Posted by Ghaleon Teoh > 2014-04-22 13:18 | Report Abuse

any guess on thurs opening price?

Posted by DrPitchard > 2014-04-22 14:02 | Report Abuse

Well, if the news is true, that Tan Sri QLC becoming a strategic shareholder, then I foresee the opening price to be at least 1.70, if not 1.75-1.80. Very conservative target.

gpsman79

142 posts

Posted by gpsman79 > 2014-04-22 14:36 | Report Abuse

HL boss

Posted by jazzymoments > 2014-04-22 14:48 | Report Abuse

first we need to understand why they suspend for material announcement?
if just to suspend to deny quek entering alam, wouldn't that be not too logic?
Possible to have quek injecting his money? Possible...I supposed
Material announcement on who is getting their subcon contract? Possible also

MikeT

204 posts

Posted by MikeT > 2014-04-22 15:12 | Report Abuse

Abang Duit Besar. Mana u? Bagus Alam

2767max

189 posts

Posted by 2767max > 2014-04-22 17:03 | Report Abuse

Either QLC inject fund or obtain subcon contract,wish tomorrow price fly to 1.8 to 2.00

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