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

344,500


44 people like this.

15,211 comment(s). Last comment by zenbeginner 2 hours ago

steveooikp

4,689 posts

Posted by steveooikp > 2016-11-25 07:31 | Report Abuse

substantial shareholder.... bcos they are rich mah.
kyy also rich man... can be substantial share holder here and there, anytime...

BN_menang

2,982 posts

Posted by BN_menang > 2016-11-25 11:32 | Report Abuse

Shariah compliant.

CUTLOST

5,178 posts

Posted by CUTLOST > 2016-11-26 00:01 | Report Abuse

Oil back to Holland

SHQuah

5,363 posts

Posted by SHQuah > 2016-11-26 10:08 | Report Abuse

Alam loss more than 2 Millions. No as bad as Bumi Armada.
Result not so good but consider not so bad due to low oil price.
Hope oil price recover after OPEC meeting.

beso

2,137 posts

Posted by beso > 2016-11-26 16:30 | Report Abuse

Alam Maritim sinks into the red in 3Q with net loss of RM2.12m
holland counter

SHQuah

5,363 posts

Posted by SHQuah > 2016-11-28 08:09 | Report Abuse

This was due to losses suffered by associates, jointly controlled entities and unrealised foreign exchange losses, the group said in a filing with Bursa Malaysia today.

Posted by Jolin Lai Chi Pet > 2016-11-28 08:16 | Report Abuse

i will use all my money to buy Alam today!!!!!!!!!!!!Already bottom now, why wait? BUY!!!!!!!!!!!!!!!

Posted by positivemarket > 2016-11-28 21:40 | Report Abuse

name also lai chi pet.....mai lai la....

SHQuah

5,363 posts

Posted by SHQuah > 2016-11-29 10:29 | Report Abuse

I feel Alam over sold.....

EDINVESTOR

597 posts

Posted by EDINVESTOR > 2016-11-29 20:04 | Report Abuse

At 0.25 many said almost over sold & time to buy. Now at 0.20 they said the same thing again. I'm not so sure there's a bottom yet.

zzzzz

1,894 posts

Posted by zzzzz > 2016-11-30 11:59 | Report Abuse

Below RM0.20.... scary.. All O&G yet to hit bottom ? Armada, UMWOG, SK PETRO, KNM.....

SHQuah

5,363 posts

Posted by SHQuah > 2016-11-30 15:42 | Report Abuse

http://www.theedgemarkets.com/my/article/og-sentiment-could-recover-2h17-says-ocbc

SINGAPORE (Nov 30): OCBC Investment Research believes the worst might be over for the oil and gas sector, with less downside risk than a year ago and most of the negatives having been priced in.

“Currently, many companies are now trading at about 0.5x book or lower, with a few exceptions,” says OCBC lead analyst Low Pei Han in a Wednesday report.

The challenge now, Low says, is in “picking companies with the ability to ride the downturn” and “identifying the inflection point in which a sustainable recovery would begin”.

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2016-11-30 16:24 | Report Abuse

why alam keeps dropping to 0.185??

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2016-11-30 16:45 | Report Abuse

rebound back 0.190!!

CUTLOST

5,178 posts

Posted by CUTLOST > 2016-11-30 19:46 | Report Abuse

Oil Bullish..hope tomolo can sell at 205

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2016-11-30 22:12 | Report Abuse

why sell? wait it rebound back to 0.30

Posted by Jolin Lai Chi Pet > 2016-12-01 07:25 | Report Abuse

Limit up happen anytime.................. TP 35 cents before christmas

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2016-12-01 08:46 | Report Abuse

yes. looking forward their next quarterly report. Next year should be recovery year and 2018 should be bull year for oil. Alam expected profitable and gap up back to 1.00

SHQuah

5,363 posts

Posted by SHQuah > 2016-12-01 11:12 | Report Abuse

Don't sell.
if you sell now you can never buy back at this low price.

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2016-12-01 11:42 | Report Abuse

Yes. Fundamentally production level will start to fall and finally oil price can hit another high price

SHQuah

5,363 posts

Posted by SHQuah > 2016-12-01 14:48 | Report Abuse

Today highest volume done.
3 million share change hand at 0.205 after lunch.
This time could be real ?

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2016-12-01 15:28 | Report Abuse

yesterday sold 0.185 really wasted.

SHQuah

5,363 posts

Posted by SHQuah > 2016-12-01 15:35 | Report Abuse

Need to eat all 0.21 can only go higher.

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2016-12-01 15:36 | Report Abuse

today got people sell so much volumes

SHQuah

5,363 posts

Posted by SHQuah > 2016-12-01 16:10 | Report Abuse

yet got so many people bought so much volumes.
3 persons games. A pass to B, B pass to C. C pass back to A. round and round.
Then the shares can only go up.

Yesterday I bought 0.19......This morning sold at 0.22.
Now bought back at 0.205

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2016-12-01 17:45 | Report Abuse

good. keep tight for this share. next year should be bright year for alam

891088

595 posts

Posted by 891088 > 2016-12-01 21:22 | Report Abuse

Tq Alam..huge profit

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2016-12-01 21:40 | Report Abuse

oil price breaking 53 and very steady above 50. Alam should profitable

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2016-12-01 21:50 | Report Abuse

tomoro can break 0.25?

Shauns

212 posts

Posted by Shauns > 2016-12-01 22:33 | Report Abuse

When oil price is breaking USD 50.00 and firm for couple of days that will make good oil and gas counters bound back significantly as they have dropped all the time low like "Alam Maritim" dropped as low as 19 cents .

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2016-12-01 22:52 | Report Abuse

if next week russia and non opec deal oil price another wave limit up to 60 above. Oil price should hard to fall back 40++ anymore.

davidkkw79

5,068 posts

Posted by davidkkw79 > 2016-12-02 07:37 | Report Abuse

Maybank investment ask for sell it at 11 sen Lei...

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2016-12-02 08:31 | Report Abuse

those investment bank cannot be trust. they don't put in some immediate factor

sctan

468 posts

Posted by sctan > 2016-12-02 08:42 | Report Abuse

investment bank just make the story they want ppl to know. like sometimes they use PE to judge a stock value. sometimes they use PB, or even use growth story.

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2016-12-02 08:42 | Report Abuse

if klci recover this counter should fly very fast

sctan

468 posts

Posted by sctan > 2016-12-02 08:44 | Report Abuse

one thing for research report is, they compiled the past data for you. whether you trust their estimated future data, hmm.....

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2016-12-02 08:46 | Report Abuse

yes. this counter really can give us great profit. bottom is over, towards bright future in later moment.

SHQuah

5,363 posts

Posted by SHQuah > 2016-12-02 10:13 | Report Abuse

Alam only loss 2 millions should be consider very good.
Compare to Bumi Armada, UMWOG & KNM which loss a lot of $$$

NTA (Net Tangible Assets) = RM0.93
4 times below value. - Can make 400% profit if go up to RM0.93
Next year if Petronas increase back the charter rate. ALAM should go back to Profit.

Shauns

212 posts

Posted by Shauns > 2016-12-02 11:19 | Report Abuse

Strait to the main point that if cruse oil price stabilised at the range between USD 50 to 55 dollars this counter (Alam M) will turn back to RM0.30 easily on potential projects to be awarded by Petronas and overseas given that stable oil price at the range and US shale oil production cost at the range as well and the OPEC and Russia oil production deal is delivered next year January.

Shauns

212 posts

Posted by Shauns > 2016-12-02 11:26 | Report Abuse

The main point is this counter did not suffer huge loss and even posted marginal profit as well in the past quarter as compared to Armada and UNW oil & gas which suffered huge losses in the past quarter. But il this counter share price hit lowest of RM0.19. It is very to put money in this counter at this very reasonable price. Good luck !!

Posted by Jolin Lai Chi Pet > 2016-12-02 17:04 | Report Abuse

don't worry, Alam will follow the crude oil prices to all the way up!!!!!!!!!

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2016-12-05 09:29 | Report Abuse

a lot oil stocks begin to fly, in recovering process now

CUTLOST

5,178 posts

Posted by CUTLOST > 2016-12-05 10:27 | Report Abuse

Going back to holland..wait.back..at 195

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2016-12-05 10:32 | Report Abuse

haha no more 0.195

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2016-12-05 10:53 | Report Abuse

if a company profitable above 50 for the oil price, why we worry?

CUTLOST

5,178 posts

Posted by CUTLOST > 2016-12-05 13:34 | Report Abuse

Maybank Tp 11cts

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2016-12-05 16:16 | Report Abuse

If oil price below 40 maybe

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2016-12-05 16:17 | Report Abuse

U sell to me lo. I want 0.20

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2016-12-06 08:51 | Report Abuse

One week oil price maintain 50 and above. Looking forward coming Sat meeting..

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