Posted by SuperPanda > 2018-08-30 18:28 | Report Abuse

revenue drop due to sub sea segment, osv segment better

Posted by huathuat11 > 2018-09-06 15:34 | Report Abuse

now can buy this counter. please advise

Posted by skybursa > 2018-09-07 10:56 | Report Abuse

There will be a cash call soon, a right issue. Just like sapura energy. Beware

Posted by Lim Tek Wai > 2018-09-07 11:05 | Report Abuse

This quarter is making very good profits, the best ever!

Posted by tuapuikia > 2018-09-07 11:41 | Report Abuse

tp 80sen

Posted by SuperPanda > 2018-09-10 20:36 | Report Abuse

Alam Maritim venturing into offshore underwater services

BUSINESS NEWS
Saturday, 8 Sep 2018

KUALA LUMPUR: Alam Maritim Resources Bhd plans to venture into and provide offshore underwater and subsea services which include a complete work programme of underwater, structural and topside inspection, repair and maintenance, particularly in the international markets.

In a filing with Bursa Malaysia, Alam Maritim said its wholly-owned subsidiary, Alam Hidro (M) Sdn Bhd (AHSB) and AME Subsea Sdn Bhd (AME) have entered into a shareholders' agreement (SA).

“In line with the agreement, AHSB and AME have incorporated a joint venture company known as Subsea Worldwide Solutions Sdn Bhd (SWS),” it said in a filing to Bursa Malaysia.

The completion of the SA was not expected to have any material effects on the share capital and shareholding structure of the company.

SWS is expected to contribute positively to the earnings and net tangible assets of the company for the year ending Dec 31, 2018 and beyond. — Bernama

Read more at https://www.thestar.com.my/business/business-news/2018/09/08/alam-maritim-venturing-into-offshore-underwater-services/#vKbbX46ouxyMdPWi.99

Posted by SuperPanda > 2018-09-10 20:37 | Report Abuse

Between reach, perdana, icon, knm, velesto, alam has the lowest debt.

Posted by Yael Jasper > 2018-09-12 10:59 | Report Abuse

Very confident stock, good to invest it and then can buy more car HAHAH!

Posted by Norliza Mohd Harith > 2018-09-21 10:32 | Report Abuse

Very weak stock. Need major changes esp in the Management Side. Some well experienced and professional player from developed countries are very much needed as "doctors" to this particular stock.

Posted by Feizal Mazlan > 2018-09-28 17:12 | Report Abuse

Go down further laa.

Posted by mfbs > 2018-09-29 07:34 | Report Abuse

Shit

Posted by KAQ4468 > 2018-10-01 14:41 | Report Abuse

waaaaaaaa

cun cun

Posted by Feizal Mazlan > 2018-10-03 13:44 | Report Abuse

if going down further........ RI maybe just around the corner company direction to reduce debt.

On my radar screen......

Posted by Vivonewbie > 2018-10-03 22:59 | Report Abuse

Debts so high. Why not wait below 10 sen cheaper?

Posted by Feizal Mazlan > 2018-10-05 14:22 | Report Abuse

Its possible going down below 10 cent....

Posted by riko > 2018-10-12 21:09 | Report Abuse

bonus warrant

Posted by skybursa > 2018-10-13 10:08 | Report Abuse

Pakatan going to implement capital gain tax on share purchases. Avoid the stock market

Posted by Feizal Mazlan > 2018-10-18 12:18 | Report Abuse

Going South again

Posted by tuapuikia > 2018-10-22 15:23 | Report Abuse

going up?

Posted by pang3839 > 2018-10-25 07:28 | Report Abuse

When bonus warrant

Posted by Feizal Mazlan > 2018-10-26 10:26 | Report Abuse

Already touch 10 CENT...... GO GO DOWN FURTHER BELOW 10 CENT..

Posted by Feizal Mazlan > 2018-10-26 10:27 | Report Abuse

Mustake.... Already touched 11 CENT...... GO GO DOWN FURTHER BELOW 10 CENT..

Posted by Feizal Mazlan > 2018-11-05 11:24 | Report Abuse

Look like can go lower than 10 cent if coming Qr is negative.

Posted by stocksyndicate > 2018-11-28 06:40 | Report Abuse

Heavy loss might call for right issue to cover debts. Will investors subscribe for the shares? This stock will hit lower towards 5cents

Posted by Feizal Mazlan > 2018-11-28 17:32 | Report Abuse

Wow. Down to 9.5 cent.
Alam is now in big trouble... Maybe another - QR.

Posted by freddiehero > 2018-11-28 17:36 | Report Abuse

soon 0.05

Posted by stocksyndicate > 2018-11-29 23:35 | Report Abuse

Definitely bad coming quarterly result

Posted by Feizal Mazlan > 2018-11-30 14:01 | Report Abuse

Now down to 9 cent. Qr maybe really bad if released this evening.

Posted by commonsense > 2018-12-06 15:01 | Report Abuse

Given the depressing offshore supply vessel (OSV) industry at the moment, it was not really a surprise to see Alam Maritime recording another quarterly losses for 3Q18. It should be expected that this losing trend to continue at least until FY19. Even though oil price has since recover from its low in 2015, Petronas still has yet to go out in full steam for its upstream capex. Most of the capex for FY 19 would focus more on downstream segment (in particular the Rapid project).

On the bright side, the company's balance sheet is a lot better if you compared to its other competitors. Debt is at RM128mil (RM112 being short term debt) with cash reserves of RM59mil.

Those that are interested to buy into this company, i would advice you to wait till Petronas indicates that they will start spending back capex into the upstream industry. Until then expect continue losses for future quarter results.

For those looking to diversify their portfolio outside of the O&G industry, i would recommend them to look at MBMR.

The company is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 5.6x PE (based on target FY18 PATAMI of RM145mil. 9m PATAMI is already RM106mil). PB is low at only 0.6x BV. 4Q18 results is expected to be higher than 3Q18 and last year 4Q17. And FY19 growth will be driven by the still high demand of new Myvi and the launch of the new SUV in 1Q19.

Please go through the analyst reports (https://klse.i3investor.com/servlets/stk/pt/5983.jsp) and do your own analysis before making any decisions.

Hope Petronas will focus back on the upstream industry once Rapid is completed next year. The OSV industry are really in dire need of it.

Good luck

Posted by Feizal Mazlan > 2018-12-06 15:26 | Report Abuse

Tough time for ALAM. Look like very hard to recover.
Share price could go down to 5 cent and below in 2019. On my radar screen now.

Posted by newbie8080 > 2018-12-13 17:18 | Report Abuse

3 OSV contract awarded by PETRONAS, Exxon Mobil & HESS
Is it good?

Posted by Feizal Mazlan > 2018-12-14 14:13 | Report Abuse

Look like next year would go down and touch 5 cent.
Most probably there will be RI. Better avoid and do not touch this share.

Posted by commonsense > 2018-12-15 00:01 | Report Abuse

Hi newbie,

The contract is good news just that it is on a "call out basis". Meaning Alam will only get paid when there is a job order. Its not like time charter contract where they pay you based on a daily charter rates (so even if you don't have work, you will still get paid). Need to see 1Q19 if the financials improve.

Good luck.

Posted by Feizal Mazlan > 2018-12-18 22:26 | Report Abuse

Don't touch this counter. Don't ever catch dropping knife. Let it fall on the ground.

Let it drop kaw kaw.... Then buy.

Posted by newbie4444 > 2018-12-28 20:14 | Report Abuse

sifus why is Feizal in i3? Everywhere he appear sure badmouth. Isn't place FD or buy ASB easier for him than posts in i3?
https://klse.i3investor.com/servlets/cube/post/feizal.jsp

Posted by signalmw > 2018-12-28 20:39 | Report Abuse

目前，石油价格今年已重挫28.8%，逼近熊市关口。周三亚洲盘中，石油期货交投淡静，纽约期油涨1.46%，至每桶43.15美元；布兰特期油起0.89%，至每桶50.92美元。两者上日双双重挫超过6%，跌至逾一年新低。

Posted by JuliusCeasar > 2019-01-03 20:05 | Report Abuse

Going South below 5 cent please.

Posted by vivabursa > 2019-01-04 13:35 | Report Abuse

Buy at low, oil will rebound eventually, multiple fold return

Posted by JWLL1668 > 2019-01-04 13:35 |

Post removed.Why?

Posted by Airapi Dir > 2019-01-13 18:56 | Report Abuse

Buy

Posted by Mamat_Win > 2019-01-18 15:43 | Report Abuse

worth to buy alam?

Posted by SuperPanda > 2019-01-19 05:14 | Report Abuse

Its time to go in now and keep for 1 year till end year, easily hits 15c back.. thats already 50% return

Posted by mfbs > 2019-01-23 20:38 | Report Abuse

Job 27 million from petronas

Posted by SuperPanda > 2019-01-24 07:37 | Report Abuse

Alam Maritim Resources Bhd’s unit Alam Maritim (M) Sdn Bhd has secured work orders worth some RM24.62 million from Petronas Carigali Sdn Bhd for the provision of three platform supply vessels.

Alam Maritim said the work orders are expected to contribute positively to its earnings and net tangible assets for the financial year ending Dec 31, 2018 (FY18) to FY23.

Posted by davidkkw79 > 2019-01-30 10:25 | Report Abuse

Maybank investment is right, now alam only worth around 10 sen

Posted by Crasd123 > 2019-02-08 09:30 | Report Abuse

Which idiot say 0.05, is a pig yr pigmind,,,oh Stupid ancient Juliese Ceacor , pass away in war........

Posted by YSL76 > 2019-02-08 10:07 | Report Abuse

Pig year ma... sure got many pig brain here this year hihihi...

Posted by Mrsonic > 2019-02-08 15:01 | Report Abuse

wow buy at 0.070 now 0.105....berhuhuhu

Posted by vivabursa > 2019-02-10 11:08 | Report Abuse

Another carimin?

Posted by SuperPanda > 2019-02-11 17:51 | Report Abuse

now 10.5c next month 12.5