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 1 hour ago

jguy

97 posts

Posted by jguy > 2019-11-21 10:31 | Report Abuse

#rr88 agreed, unless you bought in below 10 cents before, now its quite of a risk, may shoot up high, or go down low

MingGoon

1,774 posts

Posted by MingGoon > 2019-11-21 10:32 | Report Abuse

Four simple reasons why Alam Maritim can hit 20 sen

Reason Number 2 :-
2) Low downside risk and huge potential upside

Alam Maritim has ranged from 8.5 sen to 9.5 sen within 4 weeks range. For 52 weeks range, it has ranged from 6 sen to 16 sen. Now we can see majority gas & gas counters are trading at one-year-high. But Alam Maritim and its warrants still in hibernation mode.

But today, Alam has surged/goes up from 0.125 to 0.15
Alam engines have started , and this momentum will keep on going up beyong 0.2

MingGoon

1,774 posts

Posted by MingGoon > 2019-11-21 10:36 | Report Abuse

Four simple reasons why Alam Maritim can hit 20 sen

Reason Number 3 :-
3) Oil & Gas rally

Oil prices have jumped more than 10% after a coordinated drone attack hit the heart of Saudi Arabia’s oil industry forcing the kingdom to cut its oil output in half, nearly 50%. It’s very serious and I believe that oil prices won’t recover easily in the near term. This has provided the great opportunity to us to invest in oil & gas counters, especially the undervalued one.
Although Saudi has come up and say, although the drone attack will not cause them much damage, logically if we think , should have an impact...

Petronas will be pumping more oils.... in view of the election round the corner...

Michael Kwok

6,454 posts

Posted by Michael Kwok > 2019-11-21 10:44 | Report Abuse

The one,who write buy Alam among the nearest time.So many times on other blog include Scomi Energy.

ChoCho

345 posts

Posted by ChoCho > 2019-11-21 10:46 | Report Abuse

The upcoming Aramco IPO..world's largest IPO will boost the entire oil price and sectors globally.

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-11-21 10:47 | Report Abuse

its not a magic show if you read all my prev comments since Sep.
________________________
rr88 This 12 cent shark doing his majic show now. If you sell they would buy from you. If you buy they would sell to you. They pocketing 2 cents gain a piece. Once they r done they would disappear n left you holding the bagfull of shit. Buyers beware.
21/11/2019 10:20 AM

Michael Kwok

6,454 posts

Posted by Michael Kwok > 2019-11-21 10:48 | Report Abuse

U see,please read.Im right.

Scomi Energy
Posted by Michael Kwok > Nov 3, 2019 5:12 PM | Report Abuse X

Let buy AT 7.5 cent and Alam 10 cent(Alam not yet) as it's just showing recovery run.Not yet projects or profit run.Never buy uncertainty and weekly chart hooking down.Market look cruel.

MingGoon

1,774 posts

Posted by MingGoon > 2019-11-21 10:52 | Report Abuse

Reason Number 4 to buy Alam :-
(4) Net asset 43 sen. It’s nothing to lose

Net asset as high as 43 sen. Total borrowings RM120 million and cash in hand RM30 million. Cash position not too good and also not too bad, at least better than Armada and Sapura, and Barakah and Icon.

With these, 4 top number reasons to buy Alam as shared by
Author: Bubur Cha-Cha | Latest post: Mon, 16 Sep 2019, 8:22 AM

The 4 reasons has proven correct as the author share this on Sept 16, 2019, and today Alam price has up to 0.15.

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-11-21 10:53 | Report Abuse

dont be like armada, at 20c scare may drop more, when 30c no buy, at 40c too high, at 50c also no buy

next year if 70c then only tell why not buy when was 50c

must understand stock turn around and future potential, at the same time evaluate the risk, if wrong decision cut loss and move on

ChoCho

345 posts

Posted by ChoCho > 2019-11-21 10:55 | Report Abuse

It is 'magical' for those holding the shares and warrants right now. Both FA and TA are very favourable for Alam right now. Successful turnaround story, with more upsides to go. Big rounding bottom chart pattern with high price high green volume breakout. Coverage by big investment bank ie. Maybank Investment. Big established research house don't simply cover any counters one. This is a great validation for Alam. More great upsides to go.

Khaz

146 posts

Posted by Khaz > 2019-11-21 10:57 | Report Abuse

still around another 200M revenue to be realised for next Q and the rest for next year

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

Thank you super panda..been following u since september..
Whats the tp now?
Cheers

kianweng123

2,690 posts

Posted by kianweng123 > 2019-11-21 11:13 | Report Abuse

30% profit 200m revenue

MingGoon

1,774 posts

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

Alam as of now 11AM, stand at 106,555,200 Volume.
Alam is Top no 1 in terms of volume for the ranking of Top 30 Volume.

Always remember, when people sell, there must be people buying..
106,555,200 Volume has been changing hands,
Why ? Contra players/ Players no holding power has been selling, and serious investors like us has been buying more and more Alam, that why you are seeing a huge volume Top no 1 in terms of volume today for Alam.

I will only buy share that has the surging momentum, meaning shares that has a lot of volume as well as share price keeps on going up.

I have increase my Alam today at 0.145, as Alam have cross the 1.15 marking. Each marking and each mid marking, i will top up / buy more Alam.
These way, my exposure to risk is minimized, and my gain will be tremendously huge gain.

Alam Near TP0.215, Next TP 0.30

Michael Kwok

6,454 posts

Posted by Michael Kwok > 2019-11-21 11:40 | Report Abuse

Along the way,please buy Anzo 2.5 cent.NTA 16.

kianweng123

2,690 posts

Posted by kianweng123 > 2019-11-21 11:45 | Report Abuse

slow down already today hit 2m vol can?

dwee

48 posts

Posted by dwee > 2019-11-21 12:08 | Report Abuse

FOK DIP&CRUSSTED DINGDONG BEL!!!GOOOOD LUK

annmix

1,521 posts

Posted by annmix > 2019-11-21 12:16 | Report Abuse

if afternoon session still quiet mean gone case

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-11-21 12:53 | Report Abuse

gone case for those whom not believe its potential, like those sold at 11c

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-11-21 12:54 | Report Abuse

Alam Maritim Resources Bhd (+ve)

OFFSHORE marine services provider Alam Maritim Resources Bhd (fundamental: 0.95/3, valuation: 0.9/3), which posted its first profitable quarter after eight consecutive quarters in the red, made it to our Stocks with Momentum list yesterday for the third time this year.

The stock’s trading volume surged to 122.93 million, 20 times its 200-day average of 6.15 million shares. Its share price closed three sen or 30% higher at its six-month high of 13 sen.

The group said on Tuesday it recorded higher top and bottom lines for the third quarter ended Sept 30, 2019, thanks to higher job flows and better margins.

The only research house covering the stock, Maybank IB Research, has a target price of 18 sen on the group, which has exited its Corporate Debt Restructuring Committee scheme and is trading at a low price-to-book value ratio of 0.32 times.

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-11-21 12:59 | Report Abuse

today vol before noon break already 109m, another 2-1/2 hour trade for sure can achieve yday high 122m

those wealth and fund whom collect yday might hold ave at 11-12c, so to goreng big money and lure bilis, it should goreng above 15c before distribution

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-11-21 13:02 | Report Abuse

maybank tp not impossible to hit this year esp if another good news out on securing contract

Posted by T800Terminator > 2019-11-21 13:41 | Report Abuse

Need secure new contract at worth 300M and above. Then it can break resistance of 0.145 for next wave.

kianweng123

2,690 posts

Posted by kianweng123 > 2019-11-21 13:50 | Report Abuse

today closed what price ah?

Johnborne

182 posts

Posted by Johnborne > 2019-11-21 14:54 | Report Abuse

.16

SuperPanda

11,431 posts

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

vol 127m, break new high

kianweng123

2,690 posts

Posted by kianweng123 > 2019-11-21 15:11 | Report Abuse

boom 0.15

SuperPanda

11,431 posts

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

.145 broken without winning new contract
________________________
T800Terminator Need secure new contract at worth 300M and above. Then it can break resistance of 0.145 for next wave.
21/11/2019 1:41 PM

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-11-21 15:27 | Report Abuse

if today can close 14 consider good after hard fight buyer and seller since market mostly red

suraya

77 posts

Posted by suraya > 2019-11-21 15:30 | Report Abuse

alam maritime sudah naik langit jadi alam biru

annmix

1,521 posts

Posted by annmix > 2019-11-21 15:32 | Report Abuse

might close red sentiments turn bad

Posted by T800Terminator > 2019-11-21 15:43 | Report Abuse

Might be due to bad sentimental from Armada.

ChoCho

345 posts

Posted by ChoCho > 2019-11-21 15:44 | Report Abuse

Alam today is clear cut buyer fighting to buy shares. Many chasing Alam hoping for similar Armada, Carimin,etc remake. All the best to all shareholders!

kianweng123

2,690 posts

Posted by kianweng123 > 2019-11-21 16:00 | Report Abuse

apa macam?

Posted by T800Terminator > 2019-11-21 16:05 | Report Abuse

Operator switch to goreng Armada.

kianweng123

2,690 posts

Posted by kianweng123 > 2019-11-21 16:15 | Report Abuse

today see at 0.15?

kianweng123

2,690 posts

Posted by kianweng123 > 2019-11-21 16:16 | Report Abuse

4:30 have show or not?
no show i wan to sleep

bjaya

269 posts

Posted by bjaya > 2019-11-21 16:24 | Report Abuse

time for some breather ?

kianweng123

2,690 posts

Posted by kianweng123 > 2019-11-21 16:28 | Report Abuse

almost stock last 30min push down push up like monkey show

bjaya

269 posts

Posted by bjaya > 2019-11-21 16:29 | Report Abuse

yesterday up 30%, today up 11.5% ( @ 14.5 cent)

kianweng123

2,690 posts

Posted by kianweng123 > 2019-11-21 16:37 | Report Abuse

today closed 0.15

ChoCho

345 posts

Posted by ChoCho > 2019-11-21 16:38 | Report Abuse

operators more likely switch to tank Armada....long red candles jumping off the cliff, super high debt and high expensive finance costs (24% of its revenue is used to pay finance costs).

annmix

1,521 posts

Posted by annmix > 2019-11-21 16:43 | Report Abuse

might surprise close at 15sen

kianweng123

2,690 posts

Posted by kianweng123 > 2019-11-21 16:44 | Report Abuse

maybe

kianweng123

2,690 posts

Posted by kianweng123 > 2019-11-21 16:45 | Report Abuse

game over 0.145 see tomorrow

Posted by investortrader88 > 2019-11-21 18:00 | Report Abuse

good closing !

Mabel

24,281 posts

Posted by Mabel > 2019-11-21 18:01 | Report Abuse

Everyday climb for 1.5 sen not bad..

Tomorrow will be another 1.5 sen...

To fast up also not good..

1.5 each day's is good..

To 20 with loves..

Posted by investortrader88 > 2019-11-21 18:01 | Report Abuse

today klse blood bath. hope Alam tmrw continue uptrend !

James Ng

2,706 posts

Posted by James Ng > 2019-11-21 19:19 | Report Abuse

https://klse.i3investor.com/blogs/general/238676.jsp
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