ALAM MARITIM RESOURCES BHD

KLSE (MYR): ALAM (5115)

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Last Price

0.03

Today's Change

0.00 (0.00%)

Day's Change

0.03 - 0.035

Trading Volume

1,449,200


44 people like this.

15,209 comment(s). Last comment by koyokui 3 days ago

Posted by T800Terminator > 2019-11-25 08:57 | Report Abuse

Precisely. That’s why I sold with 50% profit and waiting to buy back at 0.095 or 0.10. This is not the first time Alam behave like that. Unless it secure new contract by end of this year. Else back to square.

tuapuikia

2,346 posts

Posted by tuapuikia > 2019-11-25 09:18 | Report Abuse

Come on !!!

tuapuikia

2,346 posts

Posted by tuapuikia > 2019-11-25 09:19 | Report Abuse

Conversion loan notes?

tuapuikia

2,346 posts

Posted by tuapuikia > 2019-11-25 09:22 | Report Abuse

Yes!!!

paktua73

18,324 posts

Posted by paktua73 > 2019-11-25 09:36 | Report Abuse

done paktua troops sold partially at 0.135,0.13
secure back capital
lock good some profit..
left only tiny share on hand..
just tactical step for more comfortable to fight later..


tut tut
always play with own style

kianweng123

2,690 posts

Posted by kianweng123 > 2019-11-25 09:37 | Report Abuse

so need to sell?

davidkkw79

5,068 posts

Posted by davidkkw79 > 2019-11-25 10:28 | Report Abuse

Yupe sell now, cause now the pakatan harapan is very fuck up, they don't care about share market, they just care about their minister position and their pocket.

kianweng123

2,690 posts

Posted by kianweng123 > 2019-11-25 10:35 | Report Abuse

today all o

Mabel

24,140 posts

Posted by Mabel > 2019-11-25 12:10 | Report Abuse

@T800Terminator Precisely. That’s why I sold with 50% profit and waiting to buy back at 0.095 or 0.10. This is not the first time Alam behave like that. Unless it secure new contract by end of this year. Else back to square.

I doubt it will go back to these prices...

Mabel

24,140 posts

Posted by Mabel > 2019-11-25 12:14 | Report Abuse

Too Hugh Buying Queue compare to selling for Alam

This will be another Armada...Many were to scare to buy Armada when she was 15. Many weak holders has abundant the ships on the road to 50. Those that has bought Armada has already made more than 300X. We are heading to 60 now..

I'm expecting the same treatments here for Alam.

To 20 with loves..

annmix

1,521 posts

Posted by annmix > 2019-11-25 14:02 | Report Abuse

See, going back to square again

clp72

817 posts

Posted by clp72 > 2019-11-25 14:19 | Report Abuse

@ Mabel, armada didnt have RCN notes issued at 9 cents.. difficult to go up unless all there has been converted and sold...

Tyro

23 posts

Posted by Tyro > 2019-11-25 15:13 | Report Abuse

The minimum conversion price for RCN is at RM 0.09.
The conversion shall be based on average price of 3 days consecutive days at 20%, 18% and 16% discount. TQ

MingGoon

1,774 posts

Posted by MingGoon > 2019-11-25 15:13 | Report Abuse

Armada is for the brave, when it was 0.18/0.19 - no one dare to buy?
Why ? There were many people who bought Armada during May 2014, it was at RM3.67, Sept 2014 RM1.35 Apr 2015 RM1.01, and Sept 2019 , RM0.325

Armada during 2014 in its glory day, Armada is consider the blue gem, the darling of Oil and Gas...
Then, it started to drop 3.67 to 1.35, 1.01, and 0.18....

Most people would think at 0.18 - they would not buy again...as they burnt their fingers during the 3.67, 1.35 , 1.01....

But there are some people who knows that where you fall, is where you pick up yourself again.
So, at 0.18/ 0.19, 0.15, 0.325, 0.45.... they are go in...and then, Armada seeing 50++, and very soon Armada will be seeing 60++...


Alam also the same, now Alam today is so cheap at 0.13...
Alam will be the same as in Armada, very soon, will be seeing the 50s
( Most people will not believe, but those people who believe in Armada will believe in Alam ).

As always, choice is always yours, to get rich, or to get richer.
Cheers Alam, 0.13 i just bought.

StockLORD

153 posts

Posted by StockLORD > 2019-11-25 15:38 | Report Abuse

for those who believe in smart trading....you need to put your emotion aside....go back to fundamental and technical analysis and then you decide to buy or to sell.
If ALAM is not at uptrend...why would the bid is at Millions volume still? Does that answer the question ? or it means those who bid in Millions are simply donkeys??

Mabel

24,140 posts

Posted by Mabel > 2019-11-25 15:43 | Report Abuse

@clp72 @ Mabel, armada didnt have RCN notes issued at 9 cents.. difficult to go up unless all there has been converted and sold...
25/11/2019 2:19 PM

Touche clp72,

That's why I have factored this in the TP 20 cents..

Once they have collected enough, they will push up again..

This is exactly what happened in Armada..

Tunjung

201 posts

Posted by Tunjung > 2019-11-25 15:57 | Report Abuse

Force selling dah nak mula..

Posted by acmilan2005 > 2019-11-25 15:59 | Report Abuse

Referring to the above comments, my TP of RM 1 is still valid. This counter is bloody cheap.

kianweng123

2,690 posts

Posted by kianweng123 > 2019-11-25 16:00 | Report Abuse

force selling?

kianweng123

2,690 posts

Posted by kianweng123 > 2019-11-25 16:01 | Report Abuse

buy rate still nice no problem

Mabel

24,140 posts

Posted by Mabel > 2019-11-25 16:10 | Report Abuse

@StockLORD for those who believe in smart trading....you need to put your emotion aside....go back to fundamental and technical analysis and then you decide to buy or to sell.
If ALAM is not at uptrend...why would the bid is at Millions volume still? Does that answer the question ? or it means those who bid in Millions are simply donkeys??

I always adore smart man..

Whether it is 13 or 15 or 17... you should be selling at above 20 in 3 months ... Early next year.

Don't settle for peanuts!

Leoleo

5,532 posts

Posted by Leoleo > 2019-11-25 16:27 | Report Abuse

wah paktua sula run kaw kaw ga......
aiyoyo

Posted by T800Terminator > 2019-11-25 16:31 | Report Abuse

Still insist will back to square. Kikikiki.

kianweng123

2,690 posts

Posted by kianweng123 > 2019-11-25 16:37 | Report Abuse

if no back square how ah?

CUTLOST

5,178 posts

Posted by CUTLOST > 2019-11-25 17:01 | Report Abuse

Pretty nice closing at 125..next support 10cts

Mabel

24,140 posts

Posted by Mabel > 2019-11-25 17:53 | Report Abuse

Big shark is offloading to feed ikan bilis

Posted by T800Terminator > 2019-11-25 20:14 | Report Abuse

Yeah....big shark will go to Scomies tomorrow due to positive QR.

Mabel

24,140 posts

Posted by Mabel > 2019-11-25 20:52 | Report Abuse

... and to Icon..

Mabel

24,140 posts

Posted by Mabel > 2019-11-25 20:53 | Report Abuse

With good QR coming up, big sharks confirm fening which counter to unload..

Posted by T800Terminator > 2019-11-25 21:07 | Report Abuse

Ave at 0.075, Q to sell 0.11 tomorrow, 50% profit enough. Yahooooo

cat lim

1,284 posts

Posted by cat lim > 2019-11-25 21:09 | Report Abuse

To open 7 cent

Mabel

24,140 posts

Posted by Mabel > 2019-11-25 22:11 | Report Abuse

Better sell as soon as you can...

Scomi Energy: Auditor flags going concern uncertainty. Scomi Energy Services external auditor Messrs KPMG PLT has expressed material uncertainty over the group's ability to continue as a going concern based on its financial statements for the FY19. It also triggered the Practice Note 17 (PN17) criteria as its shareholders’ equity on a consolidated basis has fallen below 50% of its issued share capital as at June 30, 2019. It will seek a waiver from being classified as a PN17 company to Bursa Securities. (The Edge)

kianweng123

2,690 posts

Posted by kianweng123 > 2019-11-26 08:46 | Report Abuse

PN17

StockLORD

153 posts

Posted by StockLORD > 2019-11-26 09:41 | Report Abuse

seems many are trying to buy at low...but sellers are holding up. Likely will surpass 14ct today...

kianweng123

2,690 posts

Posted by kianweng123 > 2019-11-26 10:28 | Report Abuse

no vol hopoless

Posted by acmilan2005 > 2019-11-26 10:33 | Report Abuse

Vol will start very soon.

MingGoon

1,774 posts

Posted by MingGoon > 2019-11-26 10:41 | Report Abuse

Mabel, thanks for sharing on Scomi Energy, PN17, not a good news, better sell fast.

Switch from Scomi Energy to Alam... you will never regret this.
Play safe it better, our hard earn money.

Posted by ArmadaLuck88 > 2019-11-26 11:57 | Report Abuse

I wonder is this PN17??

ChoCho

345 posts

Posted by ChoCho > 2019-11-26 12:14 | Report Abuse

Bursa got a list of PN17 ma. where got PN17 with so much revenue one....

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-11-26 12:19 | Report Abuse

alam need to stay above 12.5 bcoz those buying from .10 till .145 should hold ave at 12.0-12.5

if broken, means will drop lower

kianweng123

2,690 posts

Posted by kianweng123 > 2019-11-26 12:26 | Report Abuse

suddenly kick come

Davidyeap

324 posts

Posted by Davidyeap > 2019-11-26 12:43 | Report Abuse

没有记错沙地阿美下个月上市,所以没有理由卖

beinvested

2,445 posts

Posted by beinvested > 2019-11-26 12:51 | Report Abuse

No mistakes, Saudi Aramco will be listed next month, so there is no reason to sell.

Mabel

24,140 posts

Posted by Mabel > 2019-11-26 12:55 | Report Abuse

@MingGoon Mabel, thanks for sharing on Scomi Energy, PN17, not a good news, better sell fast.

Switch from Scomi Energy to Alam... you will never regret this.
Play safe it better, our hard earn money.
26/11/2019 10:41 AM

@ArmadaLuck88 I wonder is this PN17??
26/11/2019 11:57 AM

@ChoCho Bursa got a list of PN17 ma. where got PN17 with so much revenue one....
26/11/2019 12:14 PM

Yes, it's another potential PN 17. It may be resolve after after capital reduction and share consolidation just like what Barakah is currently doing. Scomies has secured a conditional letter of offer for a bridging facility to meet the shortfall for the repayment of the guaranteed serial bond due on 14 December 2019. Technically Barakah is better since it is 4X cheaper and has 6X lesser floating shares than Scomies.

I always believe that the only way to learn about a company is to put in your stakes in it. So with Scomies announced positive result last night, this morning I tried to test the water. I throw in 2K into Scomies at 0.08 just for fun since yesterday it closed at 0.075. You know what? I got it immediately. Now it has retracted back to 0.075.

Technically, I believe Alam is a much better bet based on the information that was shared earlier by the team.

Hence, if you need to choose, I will put my bet on Alam since it is more than 2X lesser floating shares than Scomies and it is PN17 Free...

Cheers!

kianweng123

2,690 posts

Posted by kianweng123 > 2019-11-26 13:39 | Report Abuse

who say this will back to square?

Mabel

24,140 posts

Posted by Mabel > 2019-11-26 14:36 | Report Abuse

@kianweng123 who say this will back to square?

Those that has sold too early and want to collect back...

kianweng123

2,690 posts

Posted by kianweng123 > 2019-11-26 14:43 | Report Abuse

yes someone no holding power sell and pur some rumor

kianweng123

2,690 posts

Posted by kianweng123 > 2019-11-26 14:44 | Report Abuse

to hope get low orice

StockLORD

153 posts

Posted by StockLORD > 2019-11-26 16:23 | Report Abuse

for sure tomorrow can fetch 15cts...

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