Posted by Mat Cendana > 2015-08-13 01:17 | Report Abuse

@supernova This "delicious" aspect has gotten me burnt too many times :-) We'd think something "can't possibly go lower"...and it does just that. Critical things like NTA, potentials - even actual business performance - get ignored by the market.

I'm very interested in Alam but don't dare to guess the bottom anymore. At the very least, it must be above the 20-day Moving Average first. There's potential for at least a 50% capital gain with this kind of counter. The problem is, of course, in reading the movements right; to not jump in too early.

Posted by annmix > 2015-08-13 13:59 | Report Abuse

My bottom fishing price is 41.5, coz no more $$ already haha, for the guy who say pn17 jus now ? Based on what ? Alam has project to busy with for the next 3 year ! Result wont b bad, look at perisai, even 2nd qtr also better profit even compare to 2014

Posted by SHQuah > 2015-08-13 16:48 | Report Abuse

If you have no plan to hold for long term, please don't buy ALAM share.
You are not welcome.
We only welcome long term investors.

Posted by annmix > 2015-08-13 20:47 | Report Abuse

Onetonneman hopefully wont go below 40sen lah haha, I buy until no more money in the bank fr 66 sen till 41.5 , really stress seeing it drops non stop..now hv to eat roti + plain water everyday haha.. hopefully will go up soon

Posted by yingkang87 > 2015-08-13 23:19 | Report Abuse

Oh crude oil drop to new low!!! god help pls!!

Posted by changccs87 > 2015-08-14 00:09 | Report Abuse

I will support 1k lot tmr.

Posted by changccs87 > 2015-08-14 00:10 | Report Abuse

those who fear plz throw to us. we will collect

Posted by annmix > 2015-08-14 00:38 | Report Abuse

onetonneman, nevermind, i just suffer for the meantime, hopefully in a year or 2 i will get my rewards soon..jus a waiting game

Posted by vc1922 > 2015-08-14 11:39 | Report Abuse

very very low.hope oil will rebound to 200 usd per barrel

Posted by annmix > 2015-08-14 13:53 | Report Abuse

Break 40sen now, sad.. I curse najis everyday, no 1 enemy of this country

Posted by 5c0160 > 2015-08-14 18:14 | Report Abuse

2nd q financial result in trouble. Finish no hope with oil p so low

Posted by changccs87 > 2015-08-14 18:14 | Report Abuse

whats ur average price annmix? u bought how many qtY?

Posted by 5c0160 > 2015-08-14 18:17 | Report Abuse

Annmix, u are right so stress. No mre hope to go up instead wil go dwn to 0.35

Posted by Edmund investor > 2015-08-14 18:57 | Report Abuse

0.35 my target to buy but might drop further & below 0.30. Need to keep in safety box for a few years.

Posted by SniperElite > 2015-08-14 20:24 | Report Abuse

Like I said, it will get much worse before it gets any better. The current outlook is bleak with many economist predicting the World Crude Oil will dropped to US$30 a barrel, right now it is at US$42. It will take a while yet before O&G will recover but most predict it will stay or hover between US$60 to US$75 in the future...

Posted by changccs87 > 2015-08-15 00:41 | Report Abuse

onetonnneman, yes, just queue another 300 lot at 0.39, and partially match today, will queue more and support if the price drop again.

Posted by Edmund investor > 2015-08-17 14:36 | Report Abuse

Definitely not a goos time to buy now . The bear market just beginning & nobody knows when it going to bottom . Just not so soon . Global economy is in for a rough rides

Posted by 5c0160 > 2015-08-17 17:48 | Report Abuse

Everytin finish. Run faster.

Posted by yingkang87 > 2015-08-17 22:33 | Report Abuse

sold all alrd!!!!

Posted by vc1922 > 2015-08-18 16:02 | Report Abuse

buy and keep for investment

Posted by SHQuah > 2015-08-18 16:47 | Report Abuse

http://www.thestar.com.my/Business/Business-News/2015/08/18/Output-unaffected/?style=biz

Posted by SHQuah > 2015-08-18 16:47 | Report Abuse

“According to Petronas’ second-quarter results, the crude oil, condensate and natural gas volume production for the first six months was 2,327 thousand barrels of oil equivalent per day (boe/day), up from 2,234 thousand boe/day in the corresponding period last year.

“It was mainly due to the increase in new production streams in Malaysia, Iraq and Azerbaijan. This shows that the decline in exploration oil rigs does not have an immediate impact on current production,” said the analyst.

O&G players that own or support drilling rigs include UMW Oil & Gas Corp Bhd (UMW O&G), SapuraKencana Petroleum Bhd (SapKen), Icon Offshore Bhd, Alam Maritim Resources Bhd and Perisai Petroleum Bhd.

Posted by Forever > 2015-08-18 17:10 | Report Abuse

Possible to drop below RM0.300?

Posted by 5c0160 > 2015-08-18 18:45 | Report Abuse

0.20

Posted by Invest123 > 2015-08-18 20:23 | Report Abuse

0.10

Posted by Invest123 > 2015-08-18 20:25 | Report Abuse

Worldwide, not Alam alone.

Posted by nice1 > 2015-08-18 21:05 | Report Abuse

20cts can buy lar

Posted by annmix > 2015-08-18 23:32 | Report Abuse

Pls study alam company business first before dropping rubbish here

Posted by vinvin > 2015-08-19 12:56 | Report Abuse

Those who don't know about this company well please don't simplily talk rubbish here!!! If u don't open ur mouth nobody will say that u r dumb!!!

Posted by TAH > 2015-08-19 13:00 | Report Abuse

In the stage of panic and force selling, any price is possible couple with political and world issues.

Posted by Edmund investor > 2015-08-20 08:02 | Report Abuse

Crude price hit new low. Not good for alam

Posted by Edmund investor > 2015-08-20 08:03 | Report Abuse

Petronas is cutting expenses & reducing rigs services. Bad news

Posted by annmix > 2015-08-20 11:23 | Report Abuse

I think current situation alam might stable 38-40sen, hope this is the bottom already

Posted by SHQuah > 2015-08-20 14:26 | Report Abuse

Petronas is like OPEC, producing more oil than last year.
Support group like ALAM, ICON & PERISAI is getting more jobs than last year.

Posted by SHQuah > 2015-08-20 14:27 | Report Abuse

Q2'15 quarterly result soon. So just wait.

Posted by yctee > 2015-08-20 16:21 | Report Abuse

Buy and keep for 12 months, price will go 1.50

Posted by Jolin Lai Chi Pet > 2015-08-20 17:34 | Report Abuse

earn money is not that easy guys...................

Posted by SniperElite > 2015-08-20 21:31 | Report Abuse

I got a very strong feeling it will hit .33 cents in Mid-December. Wait for my forecast to come true. This is not my desire but an outcome that no one can stop cos of the current market forces.

Posted by nice1 > 2015-08-21 06:51 | Report Abuse

with oil price going down and stay low for next few months until year end or early next year

the share price is likely to be going down unless there is a share buyback or sudden recovery of oil prices

Posted by SniperElite > Aug 20, 2015 09:31 PM | Report Abuse

I got a very strong feeling it will hit .33 cents in Mid-December. Wait for my forecast to come true. This is not my desire but an outcome that no one can stop cos of the current market forces.

Posted by SHQuah > 2015-08-21 10:12 | Report Abuse

If u all think the price can drop to 0.33, then sell all now.
I AM WILLING TO BUY YOUR SHARES......Waiting for u.

Posted by SHQuah > 2015-08-21 14:03 | Report Abuse

events@chartnexus.com

Good time to buy good stocks at low price

Posted by SHQuah > 2015-08-21 16:49 | Report Abuse

An interest rate hike by the US Federal Reserve augurs well for Malaysia’s economy, according to Bank Negara governor Tan Sri Dr Zeti Akhtar Aziz

Posted by SniperElite > 2015-08-21 16:54 | Report Abuse

Already sold all, make sure you buy a lot can't wait to see your face when it hit 33 cents. ..

Posted by SniperElite > 2015-08-21 16:56 | Report Abuse

Jolin is right - money does not come easy, it is more than a hunch, more than what most people think, it is the current facts before you if you care to make the effort to find out everything...

Posted by annmix > 2015-08-22 05:26 | Report Abuse

Lol that Jolin also crap la, go to see what she post in hubline.. come to alam page telling money not easy to made but keep asking ppl to buy tat already sank hubline.. 0.5sen

Posted by victor1971 > 2015-08-22 20:08 | Report Abuse

In late 1985, oil prices slumped to $10 from around $30 over three months as OPEC raised output to regain market share following an increase in non-OPEC production, and our analyst hope by november global oil price is above $30. ALAM stock index is highly dependent on global oil price ad if it's ~$30 Alam might be between 0.21 - 0.23

Posted by UY > 2015-08-22 22:57 | Report Abuse

Victor , ur statement make me think of 1985 from $30 to $10 is about 1/3 left from the peak. But after 30 years from $110 to now $40 is almost 1/3 left also. Around there. Personal opinion, it almost at bottom line , 30 years later inflation have gain a lot already. So I think $35~$40 is bottom. Thanks ur trigger.
22/08/2015 20:28

Posted by koyokui > 2015-08-24 15:27 | Report Abuse

buy tp 80 sen

Posted by SniperElite > 2015-08-24 19:15 | Report Abuse

It is going to get a whole lot worse before it starts to get better. The trend now is sell and everything else is sliding ... bad time to buy.

Posted by annmix > 2015-08-24 22:42 | Report Abuse

Alam Well supported today, no free fall , any comment on this?