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

Mabel

24,140 posts

Posted by Mabel > 2019-11-29 09:54 | Report Abuse

Sharks is collecting.

They will deposes before Xmas..

Posted by Isaac Chow > 2019-11-29 09:57 | Report Abuse

big player usually collecting slowly in low volume low price, before qr release only push up, i check few stock also same situation.

Posted by Miz Raya Bloom > 2019-11-29 10:03 | Report Abuse

auditor resigned, tu pasal ngorat ku X dapat hihihi

Posted by newbie170919 > 2019-11-29 13:43 | Report Abuse

Debt will be pay after 5yrs by installment sure positive qr this quarter.

Posted by acinanatucer > 2019-11-29 15:14 | Report Abuse

Driving efficiency with Sapura Energy Berhad

Check this out: https://klse.i3investor.com/blogs/ongmy/241815.jsp

Mabel

24,140 posts

Posted by Mabel > 2019-11-29 18:54 | Report Abuse

Good progress.. Green.. One of the very few counters that closes GREEN

Mabel

24,140 posts

Posted by Mabel > 2019-11-29 23:32 | Report Abuse

KLCI is down by 21 points Ma...

Everywhere drops...

annmix

1,521 posts

Posted by annmix > 2019-12-02 11:39 | Report Abuse

still maintain, not bad

Posted by Smartinvestor2030 > 2019-12-02 13:25 | Report Abuse

Worst seen over for O&G sector. But which one still cheap?
https://klse.i3investor.com/m/blog/thebesttips/242645.jsp

Mabel

24,140 posts

Posted by Mabel > 2019-12-02 13:54 | Report Abuse

Of course Alam is still cheap. Next Armada in the making..

kytan

2,865 posts

Posted by kytan > 2019-12-02 19:51 | Report Abuse

https://www.theedgemarkets.com/article/all-eyes-aramco-effect-post-ipo

“It is also good to have a rotational play with laggards that are currently undervalued, such as vessel operators,” adds Liaw, who has a “buy” call on Alam Maritim Resources Bhd and Icon Offshore Bhd in the segment.

Posted by bullstudent > 2019-12-02 20:26 | Report Abuse

Mabel, what’s your target for Alam?

Mabel

24,140 posts

Posted by Mabel > 2019-12-03 00:11 | Report Abuse

My target price is 20

Mabel

24,140 posts

Posted by Mabel > 2019-12-03 14:42 | Report Abuse

ALAM

Fundamental 1.3

Technical 5.8

Total Score 7.1

Moving Average (Short Term) BUY

Moving Average (Mid Term) BUY

Moving Average (Long Term) BUY

kianweng123

2,690 posts

Posted by kianweng123 > 2019-12-03 14:47 | Report Abuse

T800 are you ok? scomi pn17 scomies follow soon

Posted by T800Terminator > 2019-12-03 16:11 | Report Abuse

Instead it gives me good opportunities to accumulate Scomies at lower price. Nothing to worry.

kianweng123

2,690 posts

Posted by kianweng123 > 2019-12-03 17:34 | Report Abuse

okay you continue accumulate going pn17 soon

Posted by T800Terminator > 2019-12-03 18:23 | Report Abuse

I wish can buy more then. Kikikiki.

kianweng123

2,690 posts

Posted by kianweng123 > 2019-12-03 19:00 | Report Abuse

see you at pn17

Posted by T800Terminator > 2019-12-03 19:47 | Report Abuse

We meet there buddy....kikikiki

Posted by T800Terminator > 2019-12-04 13:59 | Report Abuse

Alam puncture liao

velan20

1 posts

Posted by velan20 > 2019-12-04 14:55 | Report Abuse

still can buy or sell?

annmix

1,521 posts

Posted by annmix > 2019-12-04 16:56 | Report Abuse

Not really puncture la. Bursa 2days drop so much alam only drop 1sen. Still boleh tahan

Posted by kimleong_ang > 2019-12-04 18:08 | Report Abuse

Alam hurt me so many times.....

Mabel

24,140 posts

Posted by Mabel > 2019-12-04 19:49 | Report Abuse

Budak2 bermain gasing
Bermain dgn anak Kak Mabel
Alang2 window dressing
Biar sampai tukar pagar stainless steel

Meow!

Posted by Miz Raya Bloom > 2019-12-04 20:51 |

Post removed.Why?

Mabel

24,140 posts

Posted by Mabel > 2019-12-04 21:33 | Report Abuse

Yes I have read the article Miz!

Thanks for sharing...

Meow!

Mabel

24,140 posts

Posted by Mabel > 2019-12-04 21:46 | Report Abuse

Pak Mael duduk di Jalan Gasing
Anak nya yang bongsu bernama Mabel
Dengan untung window dressing
Bukan saja pagar, satu rumah perabut kita tukar ke stainless steel

Ho Ho Ho..

Huat chaiii...

Posted by Miz Raya Bloom > 2019-12-05 08:51 | Report Abuse

ku harap sangat naik 25 sen, boleh ke kawan2?

Ron90

4,118 posts

Posted by Ron90 > 2019-12-05 12:32 | Report Abuse

Alam already up by 30%, and the recovery is really good?...last QR performance due to revenue from OSV business ., and at the same time they still selling OSV assets to get cash.

Posted by Miz Raya Bloom > 2019-12-05 12:34 | Report Abuse

kawan ku kata company ini ok, but jenis bisu, jenis pemalu, projek dah dapat, selalu lambat announce

Ron90

4,118 posts

Posted by Ron90 > 2019-12-05 14:03 | Report Abuse

ask your friend la , what project they got..huhu

kianweng123

2,690 posts

Posted by kianweng123 > 2019-12-05 14:20 | Report Abuse

boring

Posted by T800Terminator > 2019-12-05 15:45 | Report Abuse

Hahahaha you stuck again. I told you liao, I’ll in after you disposed off you holding.

Mabel

24,140 posts

Posted by Mabel > 2019-12-05 20:17 | Report Abuse

Wait lah.. Sell when cross 20..

Wait for CNY Rally..

MingGoon

1,774 posts

Posted by MingGoon > 2019-12-06 15:56 | Report Abuse

Alam : 0.125 ...
buy now if not when cross 0.2, how to sell....

MingGoon

1,774 posts

Posted by MingGoon > 2019-12-06 15:57 | Report Abuse

Mabel ALAM

Fundamental 1.3

Technical 5.8

Total Score 7.1

Moving Average (Short Term) BUY

Moving Average (Mid Term) BUY

Moving Average (Long Term) BUY
03/12/2019 2:42 PM

Thanks, Mabel for sharing....
I am topping up more Alam at 0.125..
Cheers Alam... crossing 0.2 soon

Posted by T800Terminator > 2019-12-06 16:53 | Report Abuse

As usual how Alam behave. Volume gone and soon back to square 0.095.....

Posted by acinanatucer > 2019-12-06 17:38 | Report Abuse

Good Job Sapura Energy Bhd!!!

https://klse.i3investor.com/blogs/ongmy/244669.jsp

Posted by acinanatucer > 2019-12-06 17:40 | Report Abuse

Berita bagus ni!!!

https://klse.i3investor.com/blogs/ongmy/244675.jsp

Mabel

24,140 posts

Posted by Mabel > 2019-12-06 23:04 | Report Abuse

@MingGoon Mabel ALAM

Fundamental 1.3

Technical 5.8

Total Score 7.1

Moving Average (Short Term) BUY

Moving Average (Mid Term) BUY

Moving Average (Long Term) BUY
03/12/2019 2:42 PM

Thanks, Mabel for sharing....
I am topping up more Alam at 0.125..
Cheers Alam... crossing 0.2 soon
06/12/2019 3:57 PM

Cheers MingGoon!

Mabel

24,140 posts

Posted by Mabel > 2019-12-07 08:39 | Report Abuse

Some people saying Alam Maritim's share price would rally akin to Bumi Armada, whom has rallied 200% within 5 months after Bumi Armada started turning around in 1Q19, which the results announced end of May 2019.

Some people started worrying about seasonal factor for O&G sector in 4Q19. As for Alam, it has already turned around and "IF" it happens, it should has already been priced in recent consolidation in the share price. It would not be a major correction because seasonal factor is not an indication for earnings prospect. Therefore, a recent healthy correction or consolidation in Alam's share price provides great great opportunity to accumulate at current cheap valuation and cheapest in town!

At 13sen on 26th November 2019, Alam Maritim has still been trading at 0.3x PBV only! Still cheaper and cheapest in the industry.

Compare against its direct competitor in OSV sector, Alam still lagging behind. Ignore the P/E ratio due to distortion (because O&G sector just started turning around in the 3Q19 results).

Perdana: 0.64x PBV (while business is heavily realiance on Dayang)
Icon: 1.36x PBV (trading at premium despite still loss making)

Should Alam Maritim be traded at 23sen, it would just imply 0.53x PBV. Still cheap though!

Compare against large-to-small caps upstream O&G, ignore the P/E ratio due to distortion (because O&G sector just started turning around in the 3Q19 results):


By Subsea, drilling rigs and FPSO:
Velesto: 1.12x PBV
Sapnrg: 0.3x PBV (still loss making!!!)
Bumi Armada: 0.83x PBV
Yinson: 4.18x PBV
Hibiscus: 1.11x PBV

By fabrication, pipelines and maintenance:
Dayang: 1.44x PBV
Wah Seong: 0.94x PBV
Petra Energy: 1.35x PBV
Deleum: 1.18x PBV

Alam Maritim achieved a record high 3QFY19 revenue of RM114.6 million since 3QFY14 of RM127.9 million when the oil price was above USD100/bbl! Its bottomline also started turning around with net profit of RM535k after so many quarters of loss! This could be the beginning of new era of Alam Maritim.

The OSV market is improving, which operationally, OSV utilization is picking up.

A rise in daily charter rate (DCR) akin to the JU rigs business (Velesto) is a re-rating catalyst, as the majority of its term charters are currently locked in at bottom-cycle DCRs.

Maybank-IB has BUY call on Alam Maritim with target price of 18sen at O.4x PBV. Again At 23sen, it would imply 0.53x PBV! Still cheap though and cheapest among the O&G stock in town!

https://klse.i3investor.com/blogs/thebesttips/242645.jsp

Posted by Miz Raya Bloom > 2019-12-07 08:42 | Report Abuse

Mabel ty for sharing, ku sentiasa tunggu bila la nak naik ALAM. Jalan power tak cukup, gostan balik. Hibiscus pun sama.

Mabel

24,140 posts

Posted by Mabel > 2019-12-07 13:34 | Report Abuse

https://www.google.com.sg/amp/s/mobile.reuters.com/article/amp/idUSKBN1Y90UK

Reuters: Oil producers led by Saudi Arabia and Russia agreed on Thursday to cut output by an extra 500,000 barrels a day in the first quarter of 2020.

Next week should be a good week..

annmix

1,521 posts

Posted by annmix > 2019-12-07 14:17 | Report Abuse

well, talk about technical sometime useless, if cannot secure more jobs it will back to square

Posted by Miz Raya Bloom > 2019-12-07 15:16 | Report Abuse

Mabel kalau awak rajin, jadi promoter sini. Ku dulu pernah jadi promoter hisbiscus naik juga 1.10, sekarang ku dah mati kutu dengan O&G industry hihihi

RJ87

5,134 posts

Posted by RJ87 > 2019-12-08 23:32 | Report Abuse

need more profit

Posted by acinanatucer > 2019-12-09 09:29 | Report Abuse

Check this out!!!

https://klse.i3investor.com/blogs/ongmy/245219.jsp

Posted by Smart Beginners > 2019-12-09 11:01 | Report Abuse

Can anyone share why should i buy in ALAM??

Posted by T800Terminator > 2019-12-09 11:16 | Report Abuse

Back to square otw.....kikikiki.....

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