Onetonneman , business is okay thats why I think it should bottom off already for recently 2weeks panic sales free fall from 50++ to 36sen, we already know alam has secure a few contracts tis year n they hv contracts can last for 2-3 years at least.. tats why im seeing this few days thoight index drop alot but it still recover at closing price, I made 2-3k jus do daytrade in this 2day, quite lucky but still canot cover few% my loses buying fr 66sen to 41sen.. haha
When oil price is low, Alam can still make good profit.....CASH RICH company.
If oil price back to US$60 or $70 a barrel. Alam can go back to RM0.70 Compare to NTA RM0.92....now is less than half price. So buy now for long term investment.
Well but 2nd qtr brent oil still ard usd60, but now 3rd qtr oil is usd42, so will alam facing problem with thier 3rd n last qtr result? Are we still optimistic ?
Yes, a good company is worth holding!!! The owners of the QUEK group of companies r not stupid investors n they must have good reasons for choosing this company for their group. Just have a look at all the companies in their stable which r all making good profits. My opinion only, trade at own risk.
Alam very steady, oil price drop still remain unchange. Alam have bottoming out, can buy and keep now, when oil rise it sure jump atleast 5cent or even more.
Agree to changccs87. Alam have bottoming out. Should buy now for long term. Very good support at 0.45 this morning. I've bought some recently during black Monday last week at 0.385.....no plan to sell, will keep until next year.....will continue to buying at 0.45.
Good job, oil steady rising now, those havent buy yet should buy some to keep, now volume low still got chance accumulate, when volume big, then will have to pay higher price already.
the above link says, Opec leader is going to talk with russia to come out to stabilize price, wat is means that, OIL price going to stabilize soon after they have action. Oil wont stay too low and long .it will eventually go up already. Is best time to accumulate now, once the news come out,it will shoot like rocket.
Every tree, there a some dry branches , we need to let all those dry branches drop. Then with the remaining good branches, then the tree can grow taller. Same like ALAM, RM0.455 is the testing point before go up higher.
Obviously there are ppl want to buy more today, by throwin 100 share everytime the share price up abit... closing also they throw 100share at 0.455 or else it should close at 46. I guess tomorrow will gap up coz past 2day been seeing collecting shares
What do you think will happen if Oil price drops down below 40Cents again? Which is very likely considering the volatility and unstable environment of world crude oil prices.
yeah, when I last time mention at around 40cents, it already show no sign off ppl wan to sell thier stock, there is the bottom there. Buying momentum will getting strong when oil price rising slowly. Atleast will rise to 70cent++ again for sure.
if based on yr oil price low thoery, if share price drop everytime oil price drop, most oil n gas counter should be delisted by now..there is no short term easy profit , but for long term investor u will see big profit in the future if u have holding power
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Jolin Lai Chi Pet
1,452 posts
Posted by Jolin Lai Chi Pet > 2015-08-25 08:00 | Report Abuse
today will free fall..........................................