ALAM MARITIM RESOURCES BHD

KLSE (MYR): ALAM (5115)

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Last Price

0.03

Today's Change

-0.005 (14.29%)

Day's Change

0.03 - 0.035

Trading Volume

1,716,000


44 people like this.

15,201 comment(s). Last comment by liyam 3 hours ago

lextcs

1,961 posts

Posted by lextcs > 2019-11-18 10:31 | Report Abuse

BUY STRONG BUY GOOD BUY

Posted by acinanatucer > 2019-11-19 12:10 | Report Abuse

SAPURA ENERGY CONTINUES TO IMPROVE, SAYS RESEARCH HOUSE

Check this out:
https://klse.i3investor.com/blogs/ongmy/237699.jsp

ramada

3,955 posts

Posted by ramada > 2019-11-19 17:44 | Report Abuse

0.1 sen earnings per share, better than none.
https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=5115

thesteward

6,782 posts

Posted by thesteward > 2019-11-19 17:50 | Report Abuse

Wow good result

thesteward

6,782 posts

Posted by thesteward > 2019-11-19 18:08 | Report Abuse

Revenue also up a lot

Posted by Noob Investor > 2019-11-19 18:21 | Report Abuse

Nice result. Let's hope the QR performance reflect on the stock pricing.

myongcc5

708 posts

Posted by myongcc5 > 2019-11-19 18:57 | Report Abuse

A good start in making money! Revenue improve tremendously!
Next q still hv remaining >100m revenue to go.
Some new projects wth better margin is expected fr coming yrs.
Cheers.

thesteward

6,782 posts

Posted by thesteward > 2019-11-19 18:59 | Report Abuse

Yes next year even better .

thesteward

6,782 posts

Posted by thesteward > 2019-11-19 19:00 | Report Abuse

Maybank TP 18 Sen

thesteward

6,782 posts

Posted by thesteward > 2019-11-19 19:23 | Report Abuse

Anyone have the Maybank research report on Alam ? If I remember not wrong the TP was .18

thesteward

6,782 posts

Posted by thesteward > 2019-11-19 19:24 | Report Abuse

What is impressive is the increase in revenue and profit before tax.

thesteward

6,782 posts

Posted by thesteward > 2019-11-19 19:26 | Report Abuse

Can also considrer the warrant if believe in Alan’s future. Warrant is still young ....have more than 4 years or so

Posted by Md Zin Saleh > 2019-11-19 19:46 | Report Abuse

Third qtr profit rm535k.

Posted by T800Terminator > 2019-11-19 20:06 | Report Abuse

Qtr4 revenue 135M and maybe more. Estimate profit should be 10M. Hopefully annual profit can be positive.

Posted by T800Terminator > 2019-11-19 20:14 | Report Abuse

Stock: [ALAM]: ALAM MARITIM RESOURCES BHD
Nov 10, 2019 10:34 PM | Report Abuse

Read announcement report previously. One job secured 59MUSD will be realized end of Q42019. Job order started Q22019. It means Q32019 we should see Alam revenue 80-100M and Q42019 will be remaining balance of 59MUSD. Hmmmmm coming qtr report should profit?

snwong13

724 posts

Posted by snwong13 > 2019-11-19 20:20 | Report Abuse

.
.
Another wake up O&G small cap counters!
Buy while still very low!
Bank on Warrant too with low exercise price and long expiry.

thesteward

6,782 posts

Posted by thesteward > 2019-11-19 20:37 | Report Abuse

Tq Safri

thesteward

6,782 posts

Posted by thesteward > 2019-11-19 20:45 | Report Abuse

Read the report ...
18 Sen yummy ...
Agree w Super panda I also believe sooner or later 15 Sen no issue .

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-11-19 20:56 | Report Abuse

jackpot ! tomorrow will limit up ..

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-11-19 21:12 | Report Abuse

expect small loss but it turn out to be small profit, huat ar!

thesteward

6,782 posts

Posted by thesteward > 2019-11-19 21:20 | Report Abuse

Next quarter Lagi Huat arrr haha.
The warrant is also good still v young warrant .
Comgrars super panda

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-11-19 21:35 | Report Abuse

tomorrow panic buy?

Posted by Noob Investor > 2019-11-19 22:05 | Report Abuse

Limit up? Highly unlikely. Expecting gain of 1-2 cents max. It'll be gradual increase to reach TP of 0.15

Posted by T800Terminator > 2019-11-19 22:08 | Report Abuse

It needs to break resistance 0.125 tomorrow and end the f week stay at 0.13. Long term prospect looks promising. TP maybank shldnt be a problem.

Mabel

24,281 posts

Posted by Mabel > 2019-11-19 22:10 | Report Abuse

Brilliant.. This is definitely a very good news.

Posted by Noob Investor > 2019-11-19 22:11 | Report Abuse

Plus they have been accumulating from 0.09-0.105 for quite sometime already. Pushing the stock might not be tough. *finger cross. Let's see tomorrow. Sleep tight for show tomorrow.

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-11-19 22:57 | Report Abuse

will come true soon
_____________
Stock: [ALAM]: ALAM MARITIM RESOURCES BHD
Nov 7, 2019 10:57 AM | Report Abuse

if down to .95-.90, accumulate as much as you can, one good news will make it shoot to .15 in matter of days

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-11-19 23:00 | Report Abuse

chance to lock 1st profit if reach .15, not impossible
______________
Stock: [ALAM]: ALAM MARITIM RESOURCES BHD
Oct 29, 2019 1:00 PM | Report Abuse

just wait, 1st qtr profit out will be 15c, 2nd profit out will be 20c..

we dont know when but 2-3 qtrs wait should be worth if your ave below .10

ChoCho

345 posts

Posted by ChoCho > 2019-11-19 23:05 | Report Abuse

Extreme improvement quarter result. Latest quarter revenue increased ~400% compare to previous year's quarter.
"The Group’s revenue for the current quarter of RM114.60 million was higher than the preceding quarter's
revenue figure of RM66.39 million with a favourable variance of 73.5%. This was mainly due to higher
revenue contribution from OIC segment during the current financial quarter under review.
The profit before taxation for the current financial quarter was recorded at RM1.18 million as compared to
loss before taxation of RM5.02 million registered for the preceding financial quarter."

https://www.malaysiastock.biz/GetReport.aspx?file=2019/11/19/5115%20-%...

Get ready for rocket ride tomorrow. fastening seatbelt!

newbie911

1,111 posts

Posted by newbie911 > 2019-11-19 23:08 | Report Abuse

Revenue alr recognised...but only earn peanut.. Rm500k.

ChoCho

345 posts

Posted by ChoCho > 2019-11-19 23:11 | Report Abuse

already recognised means what? Alam is undergoing turnaround from loss making to profit making. If all the while if profit making, it wont be trading at rm10cent.

Posted by T800Terminator > 2019-11-19 23:26 | Report Abuse

Yup. From low revenue to sustainable revenue. It’s essential for s turnaround company. Market maker will do their part to push up the price. TP0.18 as predicted by maybank.

paktua73

18,357 posts

Posted by paktua73 > 2019-11-19 23:43 | Report Abuse

thanks.. s.panda..paktua never regret to fight here


tut tut
love fight

i3Value

612 posts

Posted by i3Value > 2019-11-20 01:10 | Report Abuse

Good comment, chocho

—————

Posted by ChoCho > Nov 19, 2019 11:11 PM | Report Abuse

already recognised means what? Alam is undergoing turnaround from loss making to profit making. If all the while if profit making, it wont be trading at rm10cent.

i3Value

612 posts

Posted by i3Value > 2019-11-20 01:21 | Report Abuse

EBITDA (including minority interests) for Q3 is RM10.5 million

5c0160

1,763 posts

Posted by 5c0160 > 2019-11-20 06:45 | Report Abuse

Oil price big drop.

Chokhmah

256 posts

Posted by Chokhmah > 2019-11-20 06:49 | Report Abuse

been viewing this counter for a while but the quarter result is not as expected still

Leoleo

5,550 posts

Posted by Leoleo > 2019-11-20 07:18 | Report Abuse

Alam revenue up is because of below project.
240m. This projecf contribite revenue From march till end of this year.
If exclude this projecf revenue. The revenue figure will be much lower.
Next year revenue will drop back . If it didnt win new project.


Alam Maritim Resources Bhd has bagged a US$59 million (RM240 million) contract to procure, construct and install a pipeline system.


The contract is for the Tembikai Non Associated Gas (TNAG) development by Vestigo Petroleum Sdn Bhd, a wholly-owned subsidiary of Petronas Carigali Sdn Bhd.


The contract’s duration is from March 5 until the work’s completion, expected to be in the fourth quarter of this year.

https://www.theedgemarkets.com/article/alam-maritim-gets-rm240m-pipeline-contract

Posted by Md Zin Saleh > 2019-11-20 07:39 | Report Abuse

After two years, the business is finally making a profit.

monetary

4,447 posts

Posted by monetary > 2019-11-20 08:37 | Report Abuse

congrats.

lextcs

1,961 posts

Posted by lextcs > 2019-11-20 08:51 | Report Abuse

once they are able to size down their fleet of vessels its going to be a shooting star for ALAM. Armada was in the same dung hole when their vessels are not fully optimized....50c in 6 months is possible.

Oleman

26 posts

Posted by Oleman > 2019-11-20 08:54 | Report Abuse

Maybank IB likely will up ALAM target price to 25sen-30sen after better than expected QR.

Oleman

26 posts

Posted by Oleman > 2019-11-20 08:58 | Report Abuse

ALAM will be another Armada. Buy and hold now. 20sen sure will hit.

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-11-20 08:59 | Report Abuse

view only dont buy you get nothing, for me every 1c up = rm10k
________________
Chokhmah been viewing this counter for a while but the quarter result is not as expected still
20/11/2019 6:49 AM

paktua73

18,357 posts

Posted by paktua73 > 2019-11-20 09:02 | Report Abuse

yeeehaaaaa..
kuuuudaaaa kuuu lariii
lajuuuuuu laaaluuuu tumpannng laluuu


tut tut
love earn

Posted by Noob Investor > 2019-11-20 09:04 | Report Abuse

Wow, 0.13 now! Woohoo! Congrats everyone.

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-11-20 09:08 | Report Abuse

contra players in for intraday gain

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