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
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...
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
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.
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.
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.
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.
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.
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
.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
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!
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).
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
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