ALAM MARITIM RESOURCES BHD

KLSE (MYR): ALAM (5115)

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Last Price

0.03

Today's Change

0.00 (0.00%)

Day's Change

0.03 - 0.03

Trading Volume

363,100


44 people like this.

15,211 comment(s). Last comment by zenbeginner 15 hours ago

Posted by sayakamiyuki > 2015-02-25 20:38 | Report Abuse

Tp 0.59 by kenanga research

Posted by Newbiebetta > 2015-02-25 20:59 | Report Abuse

Definitely Kenanga have no idea how to evaluate Alam and they have just started their IRM campaign. Rubbish writing from Kenanga. I'm on the IRM job myself.

annmix

1,521 posts

Posted by annmix > 2015-02-25 22:28 | Report Abuse

Sayakamiyuki your eye got problem is it ? kenanga write tp 95, not 59, its trading buy call..... So kenanga u-turn so fast same like u on perisai 35sen to Rm1 ?


http://klse.i3investor.com/blogs/kenangaresearch/70706.jsp

Dentist

49 posts

Posted by Dentist > 2015-02-25 22:30 | Report Abuse

Tp achievable if oil price climbs

annmix

1,521 posts

Posted by annmix > 2015-02-25 22:31 | Report Abuse

Chart-wise, ALAM is seen to trend almost in tandem with crude oil prices. In tandem with the strengthening of crude oil prices recently, ALAM has recently reversed from its multimonth downward spiral to gain 26.2% YTD. As seen on the high trading volume recently, strong buying support has emerged at the RM0.52. Uptrend looks very promising from here as the share price recently surged to break above its downtrend regression channel. Key indicators are also bullish-biased as depicted by the bullish divergence shown in the MACD, while both Stochastic and RSI indicator are suggesting bullish buying momentum despite their near overbought situation. With the bullish outlook ahead, we are placing a ‘Trading Buy’ call on this counter with an anticipation that the share price would rally, riding on the strengthening crude price towards our target price objective of RM0.95 (multi-month resistance level) in the near-term. Meanwhile, a strict stop-loss is placed at RM0.73 (in line with the mean-regression line).


Publish on 17 Feb 2015 By Kenanga

So Kenanga U-Turn so fast within 1week.. ?

Xiao Mi

468 posts

Posted by Xiao Mi > 2015-02-26 10:50 | Report Abuse

Kenanga asked to sell and the TP is 0.59

annmix

1,521 posts

Posted by annmix > 2015-02-26 11:46 | Report Abuse

If u guys jus buy sell based on all the stories n expert call, so 1 day ask buy , 1 days ask sell , is it the way to trade ?

annmix

1,521 posts

Posted by annmix > 2015-02-26 13:42 | Report Abuse

Bravo to kenanga.. 1week before trading buy call 95sen, this week sell call 59sen after alam secure nother small contract..jus 4 trading day they can u-turn 30% tp (36sen). What kind of reseach hpuse is this?

Wow123

1,971 posts

Posted by Wow123 > 2015-02-26 14:53 | Report Abuse

Lets why this Joker one day call buy & another day call sell. How to qualify judgment or justify their calculation ?

Wow123

1,971 posts

Posted by Wow123 > 2015-02-26 14:55 | Report Abuse

Maybe they like urtaman call buy & call sell.

UY

130 posts

Posted by UY > 2015-02-28 01:07 | Report Abuse

Still earn many , not bad.

annmix

1,521 posts

Posted by annmix > 2015-02-28 05:34 | Report Abuse

Great lucky top up some today at 76sen

SHQuah

5,363 posts

Posted by SHQuah > 2015-03-02 16:33 | Report Abuse

Those can pick up at current price....sure win if can hold for long term.
Oil price cannot be always below US$50. Sooner or later can touch US$60 - US$70.
Alam NTA RM0.90
Now RM0.74....below NTA

SHQuah

5,363 posts

Posted by SHQuah > 2015-03-02 16:34 | Report Abuse

Based on quarterly report......Cash rich

annmix

1,521 posts

Posted by annmix > 2015-03-02 19:18 | Report Abuse

Yup jus top up more at 74sen

skybursa

1,483 posts

Posted by skybursa > 2015-03-02 20:18 | Report Abuse

Profit drop more than 70% also good news? Be realistic

annmix

1,521 posts

Posted by annmix > 2015-03-03 01:24 | Report Abuse

Better than making huge loss as thheavy, profit still profit.. kudos to kenanga within 10 trading day can call from trading buy tp 95sen, to 59sen now 44sen..expert review that we can trust for our investment?

riff

226 posts

Posted by riff > 2015-03-03 11:21 | Report Abuse

Kenanga is a freaking joker, can't rely on their given TP. Doubt their actually selling, Alam still has a long way to go.

TylerTan

439 posts

Posted by TylerTan > 2015-03-04 10:32 | Report Abuse

freaking counter dead.. wth

SHQuah

5,363 posts

Posted by SHQuah > 2015-03-04 10:51 | Report Abuse

As long as Hong Leong boss is still holding. Then should be no problem.
Those cannot hold or pick up. sure loss.
Can hold still got good chance to win.
Oil price should recover 2nd half 2015.....2016 fly

TylerTan

439 posts

Posted by TylerTan > 2015-03-04 10:57 | Report Abuse

i will hold.. at least until i get back my cost price.

SHQuah

5,363 posts

Posted by SHQuah > 2015-03-04 11:47 | Report Abuse

http://www.theedgemarkets.com/my/article/brent-holds-above-60-after-saudi-price-hikes

SINGAPORE (Mar 4): Brent held above $60 a barrel on Wednesday supported by a hike in Saudi crude prices and strikes on oil facilities in Libya.

In a move widely seen as a vote of confidence by Saudi Arabia in demand recovery, the OPEC kingpin raised the official selling prices (OSPs) for its oil deliveries to Asia and the United States on Tuesday.

"This is a sign that prices have bottomed out because it means Saudi is confident in raising prices without being afraid of losing market share," said Tony Nunan, a risk manager at Mitsubishi Corp in Tokyo.

TylerTan

439 posts

Posted by TylerTan > 2015-03-04 11:52 | Report Abuse

i stock in at 0.735.. will only let go if it reaches 0.810. 10% net return

SHQuah

5,363 posts

Posted by SHQuah > 2015-03-04 11:55 | Report Abuse

Don't understand why keep on going down.

With NTA RM0.90
Cash in Hand RM240 miilio

Posted by inikalilah888 > 2015-03-04 12:31 | Report Abuse

Oil price up also down :(

Posted by Jackychanbv > 2015-03-04 12:32 | Report Abuse

i thing down again.....waithing at 0.640...

Invest123

1,634 posts

Posted by Invest123 > 2015-03-04 12:49 | Report Abuse

Interesting to see how cheap it can go.

TylerTan

439 posts

Posted by TylerTan > 2015-03-04 14:53 | Report Abuse

faster up lah !!

tuapuikia

2,346 posts

Posted by tuapuikia > 2015-03-04 14:58 | Report Abuse

guys, it is good to collect now. Last year was a bad year anyway. This year going to shoot liao. As petrol price keep increasing now.

TylerTan

439 posts

Posted by TylerTan > 2015-03-04 15:13 | Report Abuse

if it hits below 0.67 i'm going to stock in more and hold

SHQuah

5,363 posts

Posted by SHQuah > 2015-03-04 15:19 | Report Abuse

Why so many selling at 0.695 ?
Later when oil price go up......they will start buying again at higher price.....stupic and funny investors.

Invest123

1,634 posts

Posted by Invest123 > 2015-03-04 15:38 | Report Abuse

Could be short selling following the stupid technical analyses.

TylerTan

439 posts

Posted by TylerTan > 2015-03-04 16:37 | Report Abuse

oil drop they drop. oil increase they further drop. wth

SHQuah

5,363 posts

Posted by SHQuah > 2015-03-04 18:59 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1893745

Caprice Capital International Ltd - acquired 03/03/2015 - 4,180,000 shares - total : 7.86%

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1893753
Poh Yang Hong - acquired 03/03/2015 - 4,180,000 shares - total - 8.02%

SHQuah

5,363 posts

Posted by SHQuah > 2015-03-04 19:00 | Report Abuse

they push the price down so that they could buy cheaper.
Today they do the same.

SHQuah

5,363 posts

Posted by SHQuah > 2015-03-04 19:05 | Report Abuse

But there are still a lot of people panic and sell to them.

TylerTan

439 posts

Posted by TylerTan > 2015-03-04 21:28 | Report Abuse

Wow. They bought so much ? Is that a positive sign ?

annmix

1,521 posts

Posted by annmix > 2015-03-05 09:51 | Report Abuse

I sold mine too at 70sen, think they will push down more for next wave goreng.. March will be boring for oil n gas counter i guess

Invest123

1,634 posts

Posted by Invest123 > 2015-03-05 11:36 | Report Abuse

Oil price will be up and up and this counter is fundamentally ok, I prefer to hold and buy at the right time.

annmix

1,521 posts

Posted by annmix > 2015-03-05 11:46 | Report Abuse

Invest123, what is yr ideal price to re-enter? Im planning below 65sen you think its possible?

TylerTan

439 posts

Posted by TylerTan > 2015-03-05 16:51 | Report Abuse

Sudden boost ! nice !!

Posted by inikalilah888 > 2015-03-05 16:58 | Report Abuse

Good sign!!

annmix

1,521 posts

Posted by annmix > 2015-03-05 19:26 | Report Abuse

Is kenanga have problem with thier analysist? Always issue different call n view.. Trust which one.. Target 45sen, but stop loss level 73sen???

UY

130 posts

Posted by UY > 2015-03-05 20:33 | Report Abuse

Why today after 3pm all OnG counter up? any idea?

annmix

1,521 posts

Posted by annmix > 2015-03-05 20:45 | Report Abuse

Push down by operator by using research house latest low tp since early this week n then absord panic sell now try to push up for panic buy again.

Wow123

1,971 posts

Posted by Wow123 > 2015-03-05 20:56 | Report Abuse

This joker analysis call sell or hold at low prices why ?
I don't how they justify the share prices and maybe they graduate from
diapex U so despite crazy prices.

Posted by trialuservista > 2015-03-05 23:17 | Report Abuse

there is no answer for every questions, we are just follower, we can not lead, hence follow the trend, and dont be the last one

annmix

1,521 posts

Posted by annmix > 2015-03-06 02:36 | Report Abuse

Another countract for Alam, not Bad




AWARD OF AN UMBRELLA CONTRACT FOR THE PROVISION OF SPOT CHARTER MARINE VESSEL SERVICES



INTRODUCTION
The Board of Directors of Alam Maritim Resources Berhad ("ALAM” or "the Company") wishes to announce that its wholly-owned subsidiary, Alam Maritim (M) Sdn Bhd, has recently received a Letter of Award from PETRONAS Carigali Sdn Bhd (“PCSB”) for the provision of spot charter marine vessels (“the Contract”).



DETAILS OF THE CONTRACT

The Contract is for a period of two (2) years effective from 29 January 2015 until 28 January 2017 with an extension option of one (1) year exercisable by PCSB, from 29 January 2017 to 28 January 2018.

Alam Maritim (M) Sdn Bhd has been awarded seven (7) out of the eight (8) packages offered by PCSB under the Umbrella Contract and allows the Company to provide marine vessels for the following categories:

(i) Anchor Handling Tug / Supply Vessel



60 MT

120 MT

150 MT



(ii) Straight Supply Vessel

(iii) Fast Crew Boat

(iv) Workboat

(v) Work barge

(vi) General Purpose/Utility Vessel

(vii) Platform Supply Vessel



The Contract shall enable ALAM to provide the vessels, crew and associated equipment for continuous 24-hour operations.
The total value of the Contract will depend on the actual number of days the vessels are on-hire based on instructions from the PCSB from time to time during the Contract period.



FINANCIAL EFFECTS
The Contract is expected to contribute positively to the earnings and net tangible assets of ALAM for the financial year ending 31 December 2015 and beyond. Notwithstanding this, the Contract is not expected to have any material effects on the share capital and shareholding structure of ALAM.

RISKS ASSOCIATED WITH THE CONTRACT
The risks associated with the contracts are mainly operational risks such as accidents and unexpected breakdown of vessels and delays due to human, mechanical and logistic factors as well as weather condition. In mitigating such risks, the Company will closely monitor all planned activities as per the project schedule and ALAM adheres to the Quality, Health, Safety and Environment - Integrated Management System in ensuring to continually deliver reasonable quality services. Further, ALAM has developed a programmed maintenance schedule which stringently adheres to the International Safety Management (ISM) Standards in maintaining performance and seaworthiness of all vessels in ALAM fleet.



DIRECTORS' AND MAJOR SHAREHOLDERS' INTERESTS

None of the Directors or major shareholders or persons connected to the Directors or major shareholders has any direct or indirect interest in the abovementioned Contract.



DIRECTORS' STATEMENT
The Board of Directors of ALAM is of the opinion that the acceptance of the abovementioned Contract is in the best interest of the Company.



The announcement is dated 5 March 2015.

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