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 2 hours ago

Posted by acmilan2005 > 2019-11-20 16:09 | Report Abuse

The show begins.......

paktua73

18,357 posts

Posted by paktua73 > 2019-11-20 16:10 | Report Abuse

now Paktua troops sitting on 40k profit ready..
but..
we not come only this far..
we come to be greatest winner..
let ride until above 0.20

tut tut
dare to fight more

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-11-20 16:30 | Report Abuse

congrats paktua.. current is just the beginning of the bigger profit to come... my target 100% gain

Shinnzaii

3,114 posts

Posted by Shinnzaii > 2019-11-20 16:42 | Report Abuse

Aiyo...congratulations for collect lower...now edi 208mil/297mil...management confident is sincere...but dont too happy, still need to monitor...hehe

tkl88

8,712 posts

Posted by tkl88 > 2019-11-20 16:43 |

Post removed.Why?

tuapuikia

2,346 posts

Posted by tuapuikia > 2019-11-20 16:47 | Report Abuse

Huat ar!!!

tkl88

8,712 posts

Posted by tkl88 > 2019-11-20 16:53 | Report Abuse

Another KNM and Armada in the making !
Huat ah ! Heng ah ! Ong ah !

paktua73

18,357 posts

Posted by paktua73 > 2019-11-20 16:59 | Report Abuse

yes paktua agree with s.panda..
let we ride till the higher mounting..

tut tut
let ride more up

Posted by good spectra > 2019-11-20 17:15 | Report Abuse

this counter enough to buy new car already :))))))))))

kianweng123

2,690 posts

Posted by kianweng123 > 2019-11-20 17:16 | Report Abuse

one say make few profit

davidkkw79

5,068 posts

Posted by davidkkw79 > 2019-11-20 17:20 | Report Abuse

easily one day up 30%..... = =

tuapuikia

2,346 posts

Posted by tuapuikia > 2019-11-20 17:26 | Report Abuse

Good job today, tomorrow up again!

tuapuikia

2,346 posts

Posted by tuapuikia > 2019-11-20 17:28 | Report Abuse

This counter never disappoint me, I been monitoring this counter closely. This is once of the life time to catch it really cheap. Miss the boat, miss the fortune

Mabel

24,281 posts

Posted by Mabel > 2019-11-20 17:29 | Report Abuse

Clap Clap Clap!

ChoCho

345 posts

Posted by ChoCho > 2019-11-20 17:34 | Report Abuse

great day for Alam. next TP 0.15 and mid term TP 0.35. Large rounding bottom waking up...............

Posted by T800Terminator > 2019-11-20 17:35 | Report Abuse

Great closing at 0.13. Tomorrow 0.15?

Tunjung

201 posts

Posted by Tunjung > 2019-11-20 17:53 | Report Abuse

Tomorrow sure hit new high 17 sen.

bjgdila123

3,470 posts

Posted by bjgdila123 > 2019-11-20 18:05 | Report Abuse

besok 0.20 tp

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-11-20 18:19 | Report Abuse

whom bought 11.5 already make day trade profit
____________________________
people buy 11.5 bcoz they believe it can go further up, same with when armada 20c to 30c, people buy at 30c now earn big profit at 53c

must understand stock potential and study the momentum
20/11/2019 11:36 AM

annmix

1,521 posts

Posted by annmix > 2019-11-20 18:42 | Report Abuse

have to break 13 or more, or else just like last time, go up after contract announcement.. then down again to 9sen..

Shines

2,824 posts

Posted by Shines > 2019-11-20 18:47 | Report Abuse

Can up so much meh, qr profit year loss woh

williamtkb

3,216 posts

Posted by williamtkb > 2019-11-20 18:55 | Report Abuse

Sky is the limit. Let's hits 20cents first

Posted by investortrader88 > 2019-11-20 18:58 | Report Abuse

good closing ! huat ahhh !

Boringguy

1,090 posts

Posted by Boringguy > 2019-11-20 19:31 | Report Abuse

good job !! don't forget warrant!! those miss out the mother share still can collect warrant!!

Posted by T800Terminator > 2019-11-20 20:03 | Report Abuse

Tomorrow need to maintain volume 80M at least, else back to square.

ChoCho

345 posts

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

The power of penny stocks is the ability to leapfrog and fly. Many stocks experienced it recently. Now is Alam's turn...

tuapuikia

2,346 posts

Posted by tuapuikia > 2019-11-20 21:17 | Report Abuse

I love penny stocks, it can bring fortune

tuapuikia

2,346 posts

Posted by tuapuikia > 2019-11-20 21:18 | Report Abuse

If hitting 0.17 tomorrow will be great

Posted by de_yangtulor > 2019-11-20 21:24 | Report Abuse

Will break 0.20 2moro....

Posted by T800Terminator > 2019-11-20 21:37 | Report Abuse

Won’t la. RCN at 0.09. How to hit 0.20?

Chokhmah

256 posts

Posted by Chokhmah > 2019-11-20 21:46 | Report Abuse

waiting at 0.09

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-11-20 21:53 | Report Abuse

RCN conversion at 11m tranch and 5m tranch a mth, if vol traded 50m-100m a day, you wont able to see the dilution price as market force can absord..

Posted by brutusbeefcake > 2019-11-20 21:53 | Report Abuse

already hit price target larrr.

ching9

5 posts

Posted by ching9 > 2019-11-20 22:18 | Report Abuse

In page 8 of quarterly result, The auditors' report on the financial statements of the Company and its subsidiaries for the financial year
ended 31 December 2018 were not qualified.to continue as a going concern. The auditors' opinion is not modified in respect of this matter..

"not qualified.to continue as a going concern" means "the entity cannot remain in business for the foreseeable future"? Anyone have idea on it?

ChoCho

345 posts

Posted by ChoCho > 2019-11-20 22:43 | Report Abuse

"not qualified.to continue as a going concern" means no problem. all is good.

ChoCho

345 posts

Posted by ChoCho > 2019-11-20 22:45 | Report Abuse

From DR Google: qualified opinion is a reflection of the auditor's inability to give an unqualified, or clean, audit opinion. An unqualified opinion is issued if the financial statements are presumed to be free from material misstatements.

myongcc5

708 posts

Posted by myongcc5 > 2019-11-20 22:50 | Report Abuse

Tht was when Alam 's project in hand was not sufficient to generate revenues.
Tdy, Alam has secured sufficient ctrs fr 2019 till 2021. Therefore, revenue has increased fr the last 3Qs, fm 27m to current 114m.
Even the bottom line has returned to black.
In addition, the business model has partially changed fm totally dependent on low margin OSV.
Wr can expect more ctrs with higher margin to come in before 2Q of 2020.

Michael Kwok

6,454 posts

Posted by Michael Kwok > 2019-11-20 22:57 | Report Abuse

Please read my posting.Among the most consistent,

Posted by Michael Kwok > Oct 13, 2019 11:52 PM | Report Abuse X

I may say it may made a small profit for the 3rd quarter 0-5 million due to an even smaller impairment charge and above 10 million profit for last quarter.Its won't sell all the ship and made big impairment.If there continue to get projects before the 4 th quarter then(let say 200-300 millions then) next year(year 2020) first quarter will be starting from 15 millions and above.

Posted by Michael Kwok > Oct 27, 2019 6:57 PM | Report Abuse X

There resistance of 15-16 cents.So maybe before end of the year may test 15-16 cents.usually market maker know 3-6 months in advance.Do you think 3-6 month Alam in trouble?I will say no.U all.Below 15-16 cents is Alam in trouble.So....

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-11-20 22:57 | Report Abuse

read the 3rd & last paragraph : )
_______________________
Stock: [ALAM]: ALAM MARITIM RESOURCES BHD
Oct 19, 2019 12:19 AM | Report Abuse

this type of stock you just need to buy and hold it.. current TA no momentum as many dont see of its turnaround point compare to armada (eventhough armada gearing is far higher)

based on work order and company asset exercise (disposal and upgrade), Q1FY20 confirm will turn to profit while Q3 and Q4 will continue loss as informed

but with the increase in revenue for next 2 qtrs, it might surprise us with profit, we never know

its a very low risk to accumulate at this price but higher risk to buy later (when TA buy call).... imagine one good news out, for 9c stock, it so easy to up 30% in a day trade

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-11-20 22:59 | Report Abuse

chun chun 30% up in a day trade

myongcc5

708 posts

Posted by myongcc5 > 2019-11-20 23:01 | Report Abuse

Yes,just the beginning...hold till next yr

Posted by diehardunited > 2019-11-21 00:32 |

Post removed.Why?

snwong13

724 posts

Posted by snwong13 > 2019-11-21 06:28 | Report Abuse

.
Oil prices settle about 3% higher as U.S. crude supplies rise less than expected

https://www.marketwatch.com/story/oil-prices-bounce-higher-ahead-of-eia-crude-inventory-report-2019-11-20

Mabel

24,281 posts

Posted by Mabel > 2019-11-21 06:56 | Report Abuse

Panda
Perhaps we should upgrade Alam from Tier 3 to Tier 2.:)

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-11-21 07:26 | Report Abuse

indeed Mabel : ), definitely will be in Tier 2 now

Mabel

24,281 posts

Posted by Mabel > 2019-11-21 08:08 | Report Abuse

Brilliant Panda!

To 20 with loves :)

Cheers!

cbpenbrush

322 posts

Posted by cbpenbrush > 2019-11-21 08:15 | Report Abuse

Panda I hv been following ur call n comments on Alam. Rational n with FA studies. Great call !

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-11-21 08:43 | Report Abuse

you should congratulate yourself bcoz youre the one whom read the info, analyse and make decision to buy.

finding good information is an effort
analyse is a skill
making decision is a bravery

if things go wrong, never ever blame others, must learn how to be discipline it cutting loss and move on

williamtkb

3,216 posts

Posted by williamtkb > 2019-11-21 08:49 | Report Abuse

Will today another 30%?go go go Alam

Posted by BeginnerLearner > 2019-11-21 08:51 | Report Abuse

30% is feasible considering the momentum and the prospects

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