Posted by i_investor > 2016-05-18 12:29 | Report Abuse

anyone here has any idea about the possibility of MISC and ALAM MARITIM M&A info ?

Posted by speakup > 2016-05-18 13:39 | Report Abuse

Alam is deeply undervalued. Any M&A at the moment will help unlock the true value of Alam. Just look Alam PE 7x vs Eatech PE 15x already can see how undervalued Alam is.

Posted by i_investor > 2016-05-18 14:40 | Report Abuse

so if to calculate the reasonable acquisition price for ALAM based on PE15x EPS0.048 the reasonable price should be not less than 72sen. But the fact is that the NTA per share is already 95sen ?!

Posted by SHQuah > 2016-05-18 14:53 | Report Abuse

Anyone got any insider new ?
MISC and ALAM MARITIM M&A ?
Should be good news.

Posted by Josh Ong > 2016-05-18 14:56 | Report Abuse

Confirm bo? SHQuah

Posted by speakup > 2016-05-18 15:19 | Report Abuse

as much as u and I want to see MISC takeover Alam, but I doubt it will happen. maybe I am wrong.

Posted by i_investor > 2016-05-18 16:21 | Report Abuse

may be you are right! found Paul Poh Yang Hong (one of the directors from Guoline, a member of Hong Leong Group) emerged as substantial shareholder nearly 8% in ALAM , together with EPF about 1.5% in ALAM ! They know something that we do not know.

Posted by SHQuah > 2016-05-18 16:31 | Report Abuse

I am asking i_investor ?

Posted by speakup > 2016-05-18 16:32 | Report Abuse

Paul bought Alam stake long time ago when Alam was about rm1.50, before the oil crash.

Posted by SHQuah > 2016-05-18 16:36 | Report Abuse

Hi i_investor,
Are u sure the latest Alam Financial report Paul still got 8% shares ?
Where did u get the news on MISC merge or takeover Alam ?
Recently Alam shares very high trading volume.

Posted by annmix > 2016-05-18 16:37 | Report Abuse

Price down suddenly big volume sell down at 37

Posted by speakup > 2016-05-18 16:39 | Report Abuse

Alam price movement not indicating any M&A.

Posted by annmix > 2016-05-19 16:07 | Report Abuse

Something wrong.with alam.these 2days, keep get selling pressure with big qty

Posted by annmix > 2016-05-19 17:25 | Report Abuse

Lol me too bought some at 36, but feel abit not secure for my current holdings

Posted by annmix > 2016-05-20 14:59 | Report Abuse

great looks like oil heading steadily to USD50, last night drop was a bear trap

Posted by vinvin > 2016-05-24 09:37 | Report Abuse

annmix, how much is the oil price now? Thanks!

Posted by vinvin > 2016-05-24 16:00 | Report Abuse

Bought some today at .355 .................

Posted by Angielim9955 > 2016-05-24 18:59 | Report Abuse

Earth good or bad result ?

Posted by yingkang87 > 2016-05-24 19:45 | Report Abuse

Lost a bit only!!

Posted by annmix > 2016-05-24 21:09 | Report Abuse

20m abit ah? Hopefully wont cause heavy selling again.. hopefully oil price can up a lot tonight so better sentiment tomorrow

Posted by davors > 2016-05-24 21:11 | Report Abuse

below 0.30 soon... cut loss la...

Posted by vinvin > 2016-05-24 21:29 | Report Abuse

Net assets per share still high at 93 sen!!!

Posted by SHQuah > 2016-05-25 08:46 | Report Abuse

They announce Q1'16 very bad result so that they could buy cheaper during ESOS.
Let see what will happen after ESOS date and price fixed.

Posted by Risk Trader > 2016-05-25 08:49 | Report Abuse

Will fall below 30 cent soon......

Posted by speakup > 2016-05-25 09:18 | Report Abuse

Horrible results! DUMP IT!

Posted by i_investor > 2016-05-25 09:21 | Report Abuse

US crude oil price hits highest level in 7 months http://www.ft.com/cms/s/0/a8fb8a78-21f4-11e6-9d4d-c11776a5124d.html#axzz49ctLpwwQ

Posted by speakup > 2016-05-25 09:21 | Report Abuse

SELL ON NEWS!

Posted by i_investor > 2016-05-25 09:24 | Report Abuse

Financial results is actually past results and past is past. Look ahead what is coming!

OPEC Head Calls for $65 Oil http://oilprice.com/Energy/Oil-Prices/OPEC-Head-Calls-for-65-Oil.html

.

Posted by vinvin > 2016-05-25 09:53 | Report Abuse

What i_investor said is true n in fact the insiders have even known the performance of April n also coming May. So left another one month of June which they'll know very soon!!! As there's no heavy selling by the major shareholders, I think the company must be improving. Trade at own risk.

Posted by annmix > 2016-05-25 10:01 | Report Abuse

Plus our market sentiment is so depressed by this stupid 1mdb & the one family corruption scandal, even oil price up, but oil stock.hardly move as well

Posted by akunakkayo > 2016-05-25 10:09 | Report Abuse

No immediate revenue nor no new contracts awarded , how will it improve performance.
Oil price go up but in tandem there must also be service company participation and awarded contracts to have revenue

Posted by annmix > 2016-05-25 10:34 | Report Abuse

They wont die also if current qtr dont hv any contract reward, they already hv contracts to keep them goin for the next 2years, so if market oil price still improving.. mayb more project will b restarting

Posted by SHQuah > 2016-05-25 10:34 | Report Abuse

Perisai result also very bad, but after sometime the share price back to normal because everyone know the current price already factor in.
So Alam should be OK. Buy when the price drop and hold. Should be back to normal soon.
Oil price is almost US$50. Petronas should revise the rate higher.

Posted by i_investor > 2016-05-25 10:54 | Report Abuse

RECAP:

1. Under the contract, valued at $6.2 million (MYR 26 million), Alam Maritim will undertake EPCIC work for a 0.62 mile (1 kilometer) 10 inch pipeline for TCOT Effluent Discharge Line Extension Project, the firm said in a filing with local stock exchange Bursa Malaysia. The company commenced work on the contract Oct. 8, with physical execution in March 2016 and completion targeted for end June 2016. - See more at: http://www.rigzone.com/news/oil_gas/a/141887/Alam_Maritim_Bags_EPCIC_Contract_from_PETRONAS_Carigali_for_TCOT_Project#sthash.ndEyRFpk.dpuf

2. Alam Maritim (M) Sdn Bhd, has recently received another Letter of Award from Petronas Floating LNG 1 (L) Ltd. (PFLL), a wholly-owned unit of Petroliam Nasional Berhad (PETRONAS) for offshore work relating to the final positioning and mooring system hook-up of the floating liquefied natural gas (FLNG) facility, valued at $12.5 million (MYR 53.5 million), is tentatively scheduled from June 15, 2015 to April 30, 2016. - See more at: http://www.rigzone.com/news/oil_gas/a/141221/Malaysias_Alam_Maritim_Secures_125M_Subcontract_for_PFLNG1_Project#sthash.QrRZ2edo.dpuf

3. Alam Maritim tenders for RM3bil projects. Group Managing Director and Chief Executive Officer Datuk Azmi Ahmad said the company normally had a success rate of between 10 per cent and 15 per cent in securing contracts. The company's current order book of RM900mil would keep it busy for the next two to three years. See more at:
http://www.thestar.com.my/business/business-news/2015/06/12/alam-maritim-tenders-for-rm3bil-projects/

.

Posted by SHQuah > 2016-05-25 11:42 | Report Abuse

Waiting to buy at 0.34.....please sell to me.

Posted by Jolin Lai Chi Pet > 2016-05-25 12:48 | Report Abuse

Alam cannot drop below 30cents.....................see the oil prices? it's keep moving up!!!!

Posted by stocksyndicate > 2016-05-25 20:44 | Report Abuse

Already 0.34. I wonder how many SHQuah can accumulate ? Hahahahaha!

Posted by stocksyndicate > 2016-05-25 20:46 | Report Abuse

Maybank target price 0.11 really frighten off buyers. This figure means bad times ahead for Alam

Posted by yingkang87 > 2016-05-25 22:33 | Report Abuse

whr the source from??

Posted by Risk Trader > 2016-05-26 08:52 | Report Abuse

Start Q buy at 10 cent...

Posted by annmix > 2016-05-26 09:53 | Report Abuse

Those want to buy at 1, 5,10 sen, better dont waste yr money lah.. might as well u wish alan close shop haha.. anyway oil price marching towards usd50, n alam is up today.. guess u all need to wait longer.. made some kfc last night for 34sen

Posted by SHQuah > 2016-05-26 11:11 | Report Abuse

Yesterday bought at 0.34......no plan to sell.

Posted by SHQuah > 2016-05-26 11:20 | Report Abuse

With the current Brent oil price US$50. Once Petronas come up some good news. Oil stocks fly north.

Posted by vinvin > 2016-05-26 19:44 | Report Abuse

Collected some at .355 n .350 yesterday n day before!!!

Posted by stocksyndicate > 2016-05-27 19:17 | Report Abuse

Everyday i heard you guys keep buying at 0.34 & 0.35. Everytime drop also kerp buying . You guys print money like Federal Reserve ? Kacang putih investors got so much money ?

Posted by vincent27 > 2016-05-31 10:36 | Report Abuse

if they brought 100 unit everyday, they enrich those broker only

Posted by annmix > 2016-05-31 12:04 | Report Abuse

our market is dying,, very hard for oil counter to shoot even oil is goin 50 and above, thanks to those monkey makin the country become like shit

Posted by koyokui > 2016-05-31 15:12 | Report Abuse

Buy alam oil n gas rebound soon

Posted by SniperElite > 2016-05-31 17:42 | Report Abuse

The Objective News Report is very CLEAR, -65% down turn for the share price with a current TP of only 11 cents, the old TP a week ago was 29 cents. You will except it to slump down to 15 cents at least. This is the reality and these are the facts. Last quarter of 2015 gain $10 million ringgit but now at 1 st Quarter 2016 it lost $16 million ringgit. The buying on credit of the laying underwater cable contraption is costing the company dearly....

Posted by annmix > 2016-06-02 11:29 | Report Abuse

tp 11 is jus only maybank, other institution are giving higher tp, and tp can revised anytime soon