Posted by tuapuikia > 2016-03-01 17:46 | Report Abuse

up up

Posted by SusanFx_BHD > 2016-03-01 17:46 | Report Abuse

:)

Posted by SusanFx_BHD > 2016-03-01 17:48 | Report Abuse

ALAM MARITIM RESOURCES BHD ALAM (5115)
0.380 +0.020 (+5.56 %)
High: 0.380 Low: 0.350 Vol: 4,049,400 Average Vol: 20,932

Industry: services Company website
Alam Maritim Resources Berhad ("AMRB") is an investment holding company with subsidiaries mainly involved in the provision of marine transportation support services and offshore facilities construction and installation, underwater services to the upstream activities in the oil and gas industry. AMRB was listed on the Main Board of Bursa Malaysia Securities Berhad on 20 July 2006. To-date, AMRB and it subsidiaries ("Alam Maritim Group") is an established owner and operator of offshore support vessels (OSVs).

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Posted by skybursa > 2016-03-02 07:50 | Report Abuse

Oil won't stabilize yet as Iran will increase production in the near future. Oil price always rebound & than followed by more correction

Posted by vc1922 > 2016-03-02 09:44 | Report Abuse

Buat alam

Posted by upsidedown119 > 2016-03-02 13:28 | Report Abuse

With the resolution of the Syria conflict, OPEC's likely to cut production. Saudi Arabia's financial position is dire because of the low crude price. Iran will not increase production if it gets less revenue due to lower price. Iran will only increase production if it can leverage against Saudi Arabia in Syria and less so in Yemen. But with the cease fire in Syria, there is less incentive to cut its own face to spite the Saudis so to speak.

Posted by upsidedown119 > 2016-03-02 13:30 | Report Abuse

I expect crude price to rise to about USD45/barrel. Above this level will enable the shale producers to get back into the game.

Posted by MuttonCurry > 2016-03-02 13:33 | Report Abuse

Syria conflict resolved oledi kah ? Shite and sunni now become brother and sister again kah .. fuyoh ! Then why oil price still upside down ?

Posted by skybursa > 2016-03-02 15:27 | Report Abuse

According to Maybank , Alam actually make a loss in 4 quarter of 2015.

Posted by skybursa > 2016-03-02 15:28 | Report Abuse

Upstream oil and gas business carried more risks

Posted by upsidedown119 > 2016-03-02 16:09 | Report Abuse

Cease-fire in Syrian conflict. Negotiations will take into account all interests. The surplus of oil stocks over demand is not too much - about 2 million barrels. China stimulus will more than off set this. With the demise of shale, the US will start buying again oil at under USD45/barrel.

Posted by 5c0160 > 2016-03-02 18:07 | Report Abuse

Tp 0.30. How to buy? Throw.

Posted by skybursa > 2016-03-02 20:25 | Report Abuse

China stimulus is not going to help the economy . Loads of bad debts & fake trade invoice and fake growth . Shale production will resume once oil hit USD 40. Couple with Iran production increase , freeze production by saudi & Russia will fail. Maybank already call for sell

Posted by upsidedown119 > 2016-03-02 22:37 | Report Abuse

And who's to say China's stimulus is not going to help? The crude price is already heading up! It's USD37 now and trending up. That's why Petronas can promise RM16 billion in tax payment this year. Russia already caped production in cooperation with Saudi.

Posted by ssboy > 2016-03-03 07:01 | Report Abuse

Crude oil hit 34.....today alam will further up..please watch...

Posted by upsidedown119 > 2016-03-03 11:21 | Report Abuse

No it's USD37/barrel. The oil producing countries are going to cap production.

Posted by ssboy > 2016-03-03 12:27 | Report Abuse

Upsidedown119,can u share the link to get latest crude oil?

Posted by upsidedown119 > 2016-03-03 12:38 | Report Abuse

ssboy. No need link. Google 'brent oil price'.

Posted by ssboy > 2016-03-03 16:26 | Report Abuse

How u can get 0.37/barrel?as i known current crude oil for today is 34.76...

Posted by upsidedown119 > 2016-03-03 18:54 | Report Abuse

ssboy. Try this link. There are several others.

http://www.euroinvestor.com/exchanges/gtis-energy/brent-oil/2327059

Posted by skybursa > 2016-03-03 21:33 | Report Abuse

China already on the brink of economic collapse. Oil price will not sustain

Posted by skybursa > 2016-03-03 21:35 | Report Abuse

Freeze production & not cut production . Saudi & Russia freeze production & Iran & others keep pumping more. China already in huge trouble

Posted by upsidedown119 > 2016-03-03 21:35 | Report Abuse

skybursa. China is far from collapse. Where you read such stories?

Posted by skybursa > 2016-03-03 22:19 | Report Abuse

No collapse doesn't means the troubles can just go away. Don't count on china to boasts crude price

Posted by upsidedown119 > 2016-03-03 23:02 | Report Abuse

No count on China. But a stimulus can move market expectations. The crude overhang is not much since many countries stock up on reserves to take advantage. These reserve will NOT be used down to zero before new purchase but will be topped up on a FIFO basis since these countries would want to maintain a certain level of reserves post-crisis! The event to watch is whether other oil producers will follow Russia and Saudi to cap production. If so, the next event should be a cut in production.

Posted by upsidedown119 > 2016-03-04 00:35 | Report Abuse

Crude oil price is USD37.04 now as per my link.

Posted by upsidedown119 > 2016-03-04 15:32 | Report Abuse

USD37.20/barrel now and likely heading north1

Posted by ssboy > 2016-03-04 16:58 | Report Abuse

Crude oil hit 37.2,alam also dun move....tengelam...

Posted by upsidedown119 > 2016-03-05 18:30 | Report Abuse

USD38.91/barrel now!

Posted by tuapuikia > 2016-03-06 20:27 | Report Abuse

going up soon!

Posted by vc1922 > 2016-03-07 09:11 | Report Abuse

Go alam

Posted by yingkang87 > 2016-03-07 19:19 | Report Abuse

but why no move??? suppose 430cents!!!!

Posted by ssboy > 2016-03-08 12:03 | Report Abuse

Sleeping counter....zzzzzzzzzzzzzzzzzzzz

Posted by Jolin Lai Chi Pet > 2016-03-08 13:19 | Report Abuse

tp is 60cts....................................buy now and then become millionaire by the end of the year!!

Posted by SHQuah > 2016-03-08 16:32 | Report Abuse

A lot of COWARD is selling.

Posted by SHQuah > 2016-03-08 16:39 | Report Abuse

If u r the seller today, then yourself COWARD with no balls.

Posted by skybursa > 2016-03-08 19:22 | Report Abuse

If cowards sell than SHQuah you buy all of it. You're a hero ?

Posted by ssboy > 2016-03-09 06:54 | Report Abuse

Last night crude oil down again...alam will down also...

Posted by tuapuikia > 2016-03-09 10:43 | Report Abuse

I am wondering if people know how to buy stock, this counter having a good prospect as it making money !

Posted by SHQuah > 2016-03-10 09:47 | Report Abuse

If and when oil price touch US$50 by end of the year, Petronas may re-activate some of the projects and produce more oil and gas.
Year 2017 oil price may hit between US$60 - US$80.
This year Goodwill impairment losses may become 1 time extra ordinary gain in future.
So buy now for long term investment.

Posted by SHQuah > 2016-03-10 09:51 | Report Abuse

ALAM - Net assets per share attributable to ordinary equity holders of the parent ($$) - RM0.95.
Current price RM0.365 is only 38% of NTA (Net tangible Assets)
Undervalue stocks.

Posted by yingkang87 > 2016-03-10 10:33 | Report Abuse

dun knw up one!!! zzzzzz

Posted by annmix > 2016-03-12 17:44 | Report Abuse

once up.. u canot chase.. invest is for long term

Posted by riff > 2016-03-12 18:01 | Report Abuse

@SHQuah I agree with you on the NTA part, as long as not like Icon or UMWOG, operating in major losses, then its very great to hold this because that 95 cent is what previous shareholders had accumulated for us :P free lunch, given that Brent stays above $40, we have hope :D

Posted by sell > 2016-03-12 18:19 | Report Abuse

Wait below 30 sen.

No spark yet for Alam Maritim amid tough environ
http://www.thestar.com.my/business/business-news/2016/03/01/no-spark-yet-for-alam-maritim-amid-tough-environ/

Posted by N00b > 2016-03-12 22:56 | Report Abuse

http://klse.i3investor.com/blogs/N00b/92955.jsp

Posted by CUTLOST > 2016-03-14 13:09 | Report Abuse

345 just nice entry

Posted by annmix > 2016-03-14 15:03 | Report Abuse

Today most oil n gas counter goin south.. weired

Posted by KrK_duit > 2016-03-14 15:04 | Report Abuse

buy time!!

Posted by tuapuikia > 2016-03-14 18:51 | Report Abuse

Buy!