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 7 hours ago

vinvin

4,494 posts

Posted by vinvin > 2016-03-14 19:30 | Report Abuse

More contract for Alam as follows:-http://www.bursamalaysia.com/market/listed-companies/company-announcements/5029749

Invest123

1,634 posts

Posted by Invest123 > 2016-03-14 20:11 | Report Abuse

Great!

calvintaneng

56,552 posts

Posted by calvintaneng > 2016-03-14 20:26 | Report Abuse

Vinvin?

WinWin!

YES! ALAM MARTIN FLEET OF VESSELS WON'T SINK AS TABUNG HAJI IS NO 2 TOP SHAREHOLDERS.

CONSTANT STREAMS OF AWARDS AFTER AWARDS WILL KEEP ALAM MARTIN AFLOAT!

oi88

51 posts

Posted by oi88 > 2016-03-14 20:26 | Report Abuse

Calvin, how your Armada? Cut loss?

calvintaneng

56,552 posts

Posted by calvintaneng > 2016-03-14 20:32 | Report Abuse

oi88, I bought Armada at Rm1.29. Already cut loss at Rm1.08. Looking to buy back Armada below 50 cents again. For Alam Martin I bought 62 cents. Cut loss at 45 cents.

Now I am buying back Alam Martin at 36 cents!

stockmanmy

6,977 posts

Posted by stockmanmy > 2016-03-14 20:56 | Report Abuse

Avoid all oil and gas counters......all must cut loss.

One exception is coastal.

Coastal will survive what come may.

oi88

51 posts

Posted by oi88 > 2016-03-14 20:58 | Report Abuse

Calvin, you are long term investor, why cut loss?

Posted by calvintaneng > Mar 14, 2016 08:32 PM | Report Abuse

oi88, I bought Armada at Rm1.29. Already cut loss at Rm1.08. Looking to buy back Armada below 50 cents again. For Alam Martin I bought 62 cents. Cut loss at 45 cents.

Now I am buying back Alam Martin at 36 cents!

stockmanmy

6,977 posts

Posted by stockmanmy > 2016-03-14 21:04 | Report Abuse

Never cut loss is a bad strategy

calvintaneng

56,552 posts

Posted by calvintaneng > 2016-03-14 21:11 | Report Abuse

Oi88,

According to Peter Lynch there are different classes of shares like Stalwarts, Defensive Utilities, Growth Stocks & Cyclicals.

Oil & Gas are cyclical stocks. When Shale Oil Hammered Crude Oil I thought O & G Stocks were cheap enough to buy some. But I was wrong as Saudi went into a price war. Now 60% of Shale Oil Rigs have ceased production. The US Banks who financed these Shale Oil Cowboys are also in deep trouble. For now only Iran must come to agreement. And I think Crude Oil should have some support now.

That's why I am looking to buy back O&G stocks one by one now.

yingkang87

445 posts

Posted by yingkang87 > 2016-03-14 23:09 | Report Abuse

but Alam is dropping even though the oil price 40dollar!! why???

yingkang87

445 posts

Posted by yingkang87 > 2016-03-14 23:13 | Report Abuse

Alam get the contract for RM54.2mil tomorrow will up???

ivan9511

3,854 posts

Posted by ivan9511 > 2016-03-15 01:06 | Report Abuse

Hi team I also have same question as yingkang87 ,
why now oil and ringgit very strong but I find out many oil counters dropping include Alam.
any insider new , no cut produce by international or us slow down oil price ?

stockmanmy

6,977 posts

Posted by stockmanmy > 2016-03-15 01:21 | Report Abuse

avoid all OG counters.....you will be taken to the cleaners.

annmix

1,521 posts

Posted by annmix > 2016-03-15 15:26 | Report Abuse

No need to say avoid, everyone know now all oil n gas stock are bad now, but its also a good time to accumulate for long term investments

yingkang87

445 posts

Posted by yingkang87 > 2016-03-15 19:44 | Report Abuse

wah shit drop to 345cents only!!! any opinion???

VenFx

14,784 posts

Posted by VenFx > 2016-03-15 19:47 | Report Abuse

Inexpensive with green qtr results, so far. FAIRLY LOOK.

calvintaneng

56,552 posts

Posted by calvintaneng > 2016-03-15 19:54 | Report Abuse

Grossly oversold,

Buying Alam Martin now is just like buying Pm Corp from 13 cents all the way down to 9 cents when NOBODY WANTED.

This is the Opportunity for A Crop of New Millionaires When Oil & Gas Turn Upward.

Just buy all the way down - the cheaper the better.

Posted by Pui Che Hong > 2016-03-16 05:51 | Report Abuse

Most players are followers.

OPMS

1,183 posts

Posted by OPMS > 2016-03-16 19:38 | Report Abuse

Research house intentionally give lower TP, sometime they just want to buy low.

skybursa

1,483 posts

Posted by skybursa > 2016-03-16 20:12 | Report Abuse

Another opec & non opec meeting on April 16th , means positive news for crude oil. I guess oil below 35 is noy gonna happen. Oil rebound is good news for Malaysia economy, good news for business community & great news for the Rakyat too.

SHQuah

5,363 posts

Posted by SHQuah > 2016-03-17 15:19 | Report Abuse

Oil could touch US$50 by end of the year.
Hopefully next year US$70. By then Petronas will add back most if the big projects.

speakup

27,014 posts

Posted by speakup > 2016-03-17 15:46 | Report Abuse

Calvin Tan say buy this. Really?

yingkang87

445 posts

Posted by yingkang87 > 2016-03-17 17:15 | Report Abuse

see up a bit only!!! buaya purposely want collect low??

tuapuikia

2,346 posts

Posted by tuapuikia > 2016-03-18 18:16 | Report Abuse

Up up

Invest123

1,634 posts

Posted by Invest123 > 2016-03-18 18:52 | Report Abuse

Uppppppppppppppppppppppppppppppppppppppppppppppppppppp

tuapuikia

2,346 posts

Posted by tuapuikia > 2016-03-19 18:57 | Report Abuse

yes!!!!

faralenz77

1,033 posts

Posted by faralenz77 > 2016-03-20 10:30 | Report Abuse

Kenanga recommend SELL

vinvin

4,494 posts

Posted by vinvin > 2016-03-20 15:39 | Report Abuse

Ular dua kerpala!!!

nicky

3,356 posts

Posted by nicky > 2016-03-21 11:42 | Report Abuse

Too bad... still below RM0.40

annmix

1,521 posts

Posted by annmix > 2016-03-21 15:45 | Report Abuse

Today volume ok...

speakup

27,014 posts

Posted by speakup > 2016-03-22 09:36 | Report Abuse

Calvin, this ALAM can buy?
Compare ALAM and EATECH both in OSV, I see ALAM trading only at PE 7x only compared to EATECH at PE 15x. Is ALAM undervalued? Or EATECH overvalued?

superfly

519 posts

Posted by superfly > 2016-03-22 09:40 | Report Abuse

pickup long term boleh ler,dulu boleh cecah 0.50,tapi kena simpan ler.

Posted by stocksyndicate > 2016-03-25 21:10 | Report Abuse

Sapurakencana reported huge quarter loss. Next will be Alam

Angielim9955

2,049 posts

Posted by Angielim9955 > 2016-03-26 01:54 | Report Abuse

I quite shock of Sapurakencana reported, many people crying include me

SHQuah

5,363 posts

Posted by SHQuah > 2016-03-26 10:00 | Report Abuse

SapuraKencana - Impairment charges are non-cash items and reversible once the market improved.

A total of 2 billion impairment cost in 2015 could be add back as extra ordinary gain when oil price improve.

SHQuah

5,363 posts

Posted by SHQuah > 2016-03-26 10:02 | Report Abuse

When SKPetro one time write off old equipment is actually is a saving in future expenses.

Property and Equipment monthly depreciation is an expense or spending for a company.
When 2 billion impairment in 2015 meaning that 2 billion less expenses in next few years.

The same goes to ALAM and other oil and gas company.

SHQuah

5,363 posts

Posted by SHQuah > 2016-03-26 10:04 | Report Abuse

Impairment on GOODWILL could also be reversible once market improved.

Posted by stocksyndicate > 2016-03-27 20:34 | Report Abuse

Next few quater will definitely report losses.

ssboy

1,318 posts

Posted by ssboy > 2016-03-28 20:12 | Report Abuse

Stocksyndicate,provide data...dont talk nonsense.

vc1922

488 posts

Posted by vc1922 > 2016-03-29 09:11 | Report Abuse

Buy oil n gas. Brent oil Want to shoot

Posted by Jolin Lai Chi Pet > 2016-03-29 13:35 | Report Abuse

buy!!!!!!!!!! TP is 60cents next month.........

Ayat

231 posts

Posted by Ayat > 2016-03-29 17:48 | Report Abuse

Jolin is XXXX investment banks remiser/underwriter. Ayam Tua become wiser this time.

Posted by stocksyndicate > 2016-03-29 21:51 | Report Abuse

60 cent? Sweet dream tonight

yingkang87

445 posts

Posted by yingkang87 > 2016-03-30 02:00 | Report Abuse

but no move at all lo!!! dun simply shout la!!!

Posted by positivemarket > 2016-03-30 10:03 | Report Abuse

funny seeing all this comments

vc1922

488 posts

Posted by vc1922 > 2016-03-30 12:27 | Report Abuse

Buy alam rebound

SHQuah

5,363 posts

Posted by SHQuah > 2016-03-30 14:59 | Report Abuse

why sell when price already so low ?
Should Hold or buy

vc1922

488 posts

Posted by vc1922 > 2016-03-30 15:23 | Report Abuse

Buy alam look very strong

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