Posted by aaj9393 > 2014-04-25 10:16 | Report Abuse

For example of Iris. very risky. After private placement, drop like hell. gone to Holland.

Posted by samsung555 > 2014-04-25 11:14 | Report Abuse

Alam is cooking now, wants to raise soonest..........

Posted by mjusoh676 > 2014-04-25 11:44 | Report Abuse

tipuAlam..

Posted by abdulrahim > 2014-04-25 12:39 | Report Abuse

quek take profit. then he buy low again..

Posted by nicermannson > 2014-04-25 12:43 | Report Abuse

That's how quek is a billionaire.

Posted by Alex Lim > 2014-04-25 13:47 | Report Abuse

sold the balance 50%...overall gain 8.88%..

Posted by imoogi99 > 2014-04-25 15:18 | Report Abuse

Ha...ha...ha....when Quek dont have the shares how can he sell??? Read the announcement properly....here are the parts that you need to understand before nonsensical mumbling about selling or taking profit:

"The Proposed Share Issuance shall be conditional upon the following:
(i) the approval from Bursa Securities for the listing of and quotation for
the Subscription Shares on the Main Market of Bursa Securities;
(ii) the approval from the shareholders of the Company for the Proposed
Share Issuance;"

They will need to get the approval of both Bursa and shareholders before Quek got the shares. By the time, he got the shares, it does not mean that Alam share price will be at current level...it could be higher or lower than 1.35.

So stop nonsensical mumbling or else I will have to keep laughing.

Posted by abdulrahim > 2014-04-25 15:33 | Report Abuse

good. collect at low.

Posted by aaj9393 > 2014-04-25 15:52 | Report Abuse

Think of emotional power. It can bring the market up and down.

Posted by richienexus > 2014-04-25 19:16 | Report Abuse

The Proposed Share Issuance shall be conditional.....
So, does it mean that to stop Quek from buying the shares at such a low price of RM1.35, push up the share price so that the Bursa and shareholders would find it unfair at such a big discount given to Quek??

Or they will push down the share price to make it easy for Quek to obtain the approval??

Hard to understand how the market would react??

Posted by valuemaster > 2014-04-25 23:36 | Report Abuse

very easy guys, those eflla sure block it for market to approve quek's buy price, after it is approved, it will go up, so better buy before that

Posted by chan8 > 2014-04-26 07:35 | Report Abuse

When is the approval date??

Posted by lwyy60 > 2014-04-27 09:36 | Report Abuse

hovering 1.35 & 1.55, be ur guess~

Posted by horsebaby > 2014-04-27 20:26 | Report Abuse

rich ppl become richer...

Posted by Investeye > 2014-04-29 10:12 | Report Abuse

Time to re-consider Alam again as the price close to RM1.50
For long term, Alam should able to provide a good return.

Posted by Investeye > 2014-04-29 10:31 | Report Abuse

I am coming Alam...got few lots at RM1.50!

Posted by bkwoh > 2014-04-29 10:59 | Report Abuse

753 counters are down so far... Russia-Ukraine war has started ?

Posted by Investeye > 2014-04-29 11:47 | Report Abuse

Most of the people are expected coming May & Jun + Wolrd Cup period normally market will not perform well... In fact this period is good to accumulate good stock.

Posted by Tom > 2014-04-29 17:25 | Report Abuse

QE4

Posted by MAMEE MONSTER > 2014-04-29 19:18 | Report Abuse

LET's see who will grow faster. ALAM or CBSA?

Posted by MAMEE MONSTER > 2014-04-29 19:18 | Report Abuse

or TIGER!!!!!

Posted by MAMEE MONSTER > 2014-04-29 19:18 | Report Abuse

or MAMEE!!!! of COURSE

Posted by Investeye > 2014-04-30 09:11 | Report Abuse

Waiting to accumulate more...

Posted by Harryt30 > 2014-04-30 14:14 | Report Abuse

10% gone within 1 week.

Posted by BBB79 > 2014-04-30 14:16 | Report Abuse

ic, think will drop back below 1.40...

Posted by Investeye > 2014-04-30 14:59 | Report Abuse

What a good opportunity for me to accumulate back.....just a week i disposed all at rm1.65!

Posted by sklyte > 2014-04-30 18:47 | Report Abuse

can start buying back already, quek buying at 1.35, impossible fall below 1.40, is quek stupid?

Posted by Investeye > 2014-04-30 22:41 | Report Abuse

I expect the worse scenario is at rm1.40 for the very short term, so every down 1 or 2 cents will accumulate some lots (same strategy used previously). I still expect within this year, it price should back to at least rm1.65!

Posted by 33448923 > 2014-04-30 22:48 | Report Abuse

is good time buy in alam

Posted by anbz > 2014-05-01 02:04 | Report Abuse

is quek stupid? ... stupid question there ... if quek buys more at 1.20 instead of 1.35 or 1.40, then we can be sure whose the stupid moron asking

Posted by sklyte > 2014-05-01 11:22 | Report Abuse

anbz another moron,is my ex sifu flowerpower your friend? when did price reach 1.20 for the past 3 months? lol, read chart before you comment

alam is only trading at 10x P/E, compare to perdana there are still much room to grow from here, icon offshore is listing soon at higher P/E than perdana, quek's entry is the best time to ride the multiple expansion

Posted by fortunebullz > 2014-05-01 11:25 | Report Abuse

I guess hitting 1.20 is not impossible! For Quek to be privileged buying at much discount is not a healthy trend! It will become unhealthy for Quek to be given special treatment buying any stocks in bursa at discount!

Posted by sklyte > 2014-05-01 11:30 | Report Abuse

come on, quek is buying hundred of millions of shares, of course there is a discount, look at ezion, his price is 1.94, now trading at 2.27, there must be more than 10% premium

scomies is trading at 98cents, quek bought average at 80+, 20% premium

what makes alam trading at 1.20? 10% discount of quek's buy price? is quek stupid? you guys need more farsight la, of course alam has high potential only quek put in his money there, he is looking for investment with return of at least 20% per annum, if not why bother to put hundreds of millions in alam? his brain is cooked by anbz?

Posted by fortunebullz > 2014-05-01 11:32 | Report Abuse

If government cronies related to Petronas buying bulk at 1.35, I would be the first to buy Alam! Do Quek influence Petronas! I doubt!

Posted by davidlim07 > 2014-05-01 12:20 | Report Abuse

Cup and handle pattern?

Posted by steelheart > 2014-05-01 12:34 | Report Abuse

I think the safe thing to do is buy cheap and sell when it reaches RM1.60. That is always a safe bet. Happens one too many times already. Around Rm1.60 is a dangerous resistance level. Can get abt 10% profit also not bad already.

Posted by yongyos > 2014-05-01 13:38 | Report Abuse

Rm1.20 is very very impossible provided KLCI suddenly crash down 10% or more ....
Rm1.40 is probable depending on the selling pressure (traders cut loss).
Alam is one of the cheapest PE among other O&G counters with consistant earnings and healthy balance sheet. Now with Quek's entry should give us more confident on this counter ....
I wondered why people like to question he got some discount when buy at bulk and co issue new shares to him, so the EPS diluted therefore he got some discount .... it's make sense.

Posted by Tan Wan Ting > 2014-05-02 10:01 | Report Abuse

http://www.thestar.com.my/Business/Business-News/2014/05/02/Queks-presence-may-spur-tieups-for-Alam-Maritim/

Posted by sklyte > 2014-05-02 10:10 | Report Abuse

all the naysayers, look at it, hahah. wanna get 1.35? dream on, ask from quek first

Posted by sklyte > 2014-05-02 11:17 | Report Abuse

after the completion, alam price will not be lower than 1.65, announcement will come after the exercise is completed haha, good bet on alam-ca, Exercise price 1.33+ 2.5 x alam-ca , expiry on 22 august

Posted by Investeye > 2014-05-02 12:23 | Report Abuse

Great! Keep it up and up!

Posted by Investeye > 2014-05-02 15:36 | Report Abuse

Really happy of what Alam has performed...go go go!

Posted by sklyte > 2014-05-02 15:50 | Report Abuse

WHEN DROP people come and criticize, show how stupid they are, anbz especially, but i welcome them, because if they don't criticize how do I get cheap stock? hahahaha

Posted by Investeye > 2014-05-02 18:56 | Report Abuse

Latest infor from Alam: The Board of Directors of Alam Maritim Resources Berhad ("AMRB" or "the Company") is pleased to announce that its joint controlled entity, Alam Swiber Offshore (M) Sdn. Bhd. (“ASO”), has recently entered into an Agreement with Geoproduction (M) Sdn. Bhd. (“Technip”); Malaysia Marine And Heavy Engineering Sdn. Bhd. (“MMHE”) to cooperate and undertake the performance of the contract for engineering, procurement, construction, installation and commissioning in Malaysian waters.

Posted by wasiat126 > 2014-05-02 22:21 | Report Abuse

Great news!

Posted by 33448923 > 2014-05-02 22:45 | Report Abuse

next week Keep it up ~~

Posted by kingdomtan888 > 2014-05-02 22:46 | Report Abuse

Fortunebullz
Any suggestion on this counter on Monday?
Can up?

Posted by sklyte > 2014-05-02 23:23 | Report Abuse

where is stupid idiot anbz>? how about fortune bull, bullshit?fortunebull just kidding, i know you are a nice person, hahaha, don't comment so much if you duno how to play stocks, lol

Posted by sklyte > 2014-05-02 23:24 | Report Abuse

248million contract man! next week revisit 1.65

Posted by kingdomtan888 > 2014-05-02 23:26 | Report Abuse

Maybe can ask lim Brunei
To take the ride of alam

Kekekekkekekek