Posted by MingGoon > 2019-12-09 15:26 | Report Abuse

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

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..
07/12/2019 1:34 PM


Thanks, Mabel, for sharing this information...
This week, should be a good week....

Posted by Tunjung > 2019-12-10 12:18 | Report Abuse

Time to collect before xmas rally next week

Posted by MingGoon > 2019-12-10 15:10 | Report Abuse

Mabel : Pls share your thought on Alam...

Posted by Mabel > 2019-12-10 16:00 | Report Abuse

MingGoon I'm still holding it just like I'm holding ARMADA, KNM, Velesto and the rest of my energy stocks.

My earlier comments and finding still stands..

Alam is something you can benefits next year...you need to have a holding power to play with this stocks.

Maybank TP is 18

My TP is still 20..

Posted by RJ87 > 2019-12-10 18:48 | Report Abuse

0.3 PTBV, 130mil market cap; 80mil is cash. 1.8Current ratio. About 2 total ratio.

No liquidity issue. And revenue from subsea services tripled. If Alam's asset in-line with petronas capex. Will get a chuck off the Petronas 5Bil capex.

Posted by lumberjack > 2019-12-10 21:07 | Report Abuse

Super panda long time no see

Posted by SuperPanda > 2019-12-11 09:28 | Report Abuse

: ) im still around, end year bad market so just chill and look around for bargain

Posted by SuperPanda > 2019-12-11 09:30 | Report Abuse

technically will drop more as support broken and when vol low, RCN comes in, price will dilute

Posted by SuperPanda > 2019-12-11 09:33 | Report Abuse

those bought below .10 and sold above .14 is lucky as can buy back at .10~.11 soon (if market continue weak)

unless alam comes with new contract wins

Posted by T800Terminator > 2019-12-11 10:28 | Report Abuse

I’m one of the lucky (shld not fall lucky, to me is wise investment, sell when everybody chasing high). Will buy back when somebody disposed off his holding. He is here, the boat will sink. Kikikiki.

Posted by Mabel > 2019-12-11 13:01 | Report Abuse

Good for you T800

For the rest of us.. will continue to wait..

As the saying goes "tak kan lari gunung di kejar"

Posted by lumberjack > 2019-12-11 14:49 | Report Abuse

Super panda..im still holding below 0.10..
Hopefully can reach 0.20

Posted by SuperPanda > 2019-12-11 16:26 | Report Abuse

lucky bcoz we cannot timing the market, at armada if you sold at 30c you missed 50c ride.. at dayang if you sold at <1.50, you missed rm2..

Posted by SuperPanda > 2019-12-11 16:35 | Report Abuse

if your ave below .10, you can sell for profit now (to
lock profit) and hope it will drop to below .10 again.. this is your option. you have to decide..

but what if after you sold, it going further up? some say i will buy again.. this is another option (buy when uptrend)

for me i have sold some to lock profit and keep another portion and wait for another wave.. if it down to below .11, i will top up

in the long run, this stock for sure will hit .18 if it can continue to post profit.. it seems going to do that based on the increase in revenue and order book

Posted by lumberjack > 2019-12-11 16:54 | Report Abuse

Thank u super panda

Posted by Mabel > 2019-12-11 23:16 | Report Abuse

Good point Panda...

I actually wanted to sell some at 15...unfortunately it does not happen...

So will wait for the next spike...

My holding cost is below 10...so no issues to HOLD...beside there's many good reports about this stock as shared earlier..

Hopefully I can do that in the CNY rally...

Would be nice to have these ang pow before heading for the new years holidays since I have many kittens for the give angpow next year..

Cheers!

Posted by SuperPanda > 2019-12-12 01:12 | Report Abuse

this month might have another 2 tranch of RCN for 5m and 11m, if market can absorb the dilution ((16m x .09)+(existing no of shares x current price) / total all shares ) > 0.12, then we can expect .12 will be real support... so below 0.11 will be hard to get again ..

but if price diluted below .12, then in jan 2020 another 3 tranches of RCN, price will depress to .10~0.11

Posted by T800Terminator > 2019-12-12 10:10 | Report Abuse

Great. Come on 0.105...I can wait...

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

Noted Panda..

If drop further I will surely collect more..

Target price is still 20

Maybank is 18.5

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

0.10 I can

Posted by Ken > 2019-12-13 22:42 | Report Abuse

Monday market will be good,investor want to wait trade deal is really signed then they only believe Trump.

Posted by T800Terminator > 2019-12-13 22:47 | Report Abuse

Why dispose 43M or share to market?

Posted by Mabel > 2019-12-14 09:19 | Report Abuse

@T800Terminator Why dispose 43M or share to market?
13/12/2019 10:47 PM

Not sure what you mean...please calrify

Posted by Wallabie > 2019-12-14 10:25 | Report Abuse

they disposed warrant .. kikikiki

Posted by Ken > 2019-12-14 11:22 | Report Abuse

They dispose warrant because conversion is 0.12,Based on current warrant price 4.5ct,after conversion the price become 16.5ct.Someone willing to buy means they have confident mother shares will go above 16.5ct,simple as that.

Posted by T800Terminator > 2019-12-14 19:35 | Report Abuse

Nope. It’s not direct transfer. It dispose thru open market. Ikan bilis eat all shares. Not good.

Posted by Ken > 2019-12-15 08:48 | Report Abuse

Not stated thru open market

Posted by davidkkw79 > 2019-12-15 08:49 | Report Abuse

Why oil market up but alam share price drop?

Posted by Ncm88 > 2019-12-15 09:11 | Report Abuse

U think ikan bilis can buy 45m of warrant mea lol

Posted by Ken > 2019-12-15 10:42 | Report Abuse

Got two catalysts,signing of trade deal & Bandar malaysia,Monday market will be very active.Oil market will be up as economy become better

Posted by Ken > 2019-12-16 10:38 | Report Abuse

If warrant don't move,mother hard to move up further

Posted by acinanatucer > 2019-12-17 11:39 | Report Abuse

https://klse.i3investor.com/blogs/ongmy/248707.jsp

Sapura Energy Berhad to Benefit from WHP Surge

Posted by acinanatucer > 2019-12-17 16:26 | Report Abuse

elevated upstream oil and gas activities set to benefit local players

check this: https://klse.i3investor.com/blogs/ongmy/248846.jsp

Posted by Ken > 2019-12-17 17:44 | Report Abuse

https://www.klsescreener.com/v2/announcements/view/3083080

Posted by lumberjack > 2019-12-17 17:57 | Report Abuse

Good news

Posted by bigfund > 2019-12-17 19:13 | Report Abuse

Tomorrow up

Posted by Mabel > 2019-12-17 21:56 | Report Abuse

Noted Cheers Guy!

It's looking good..one more contract....

Posted by SuperPanda > 2019-12-17 22:48 | Report Abuse

its a work order of existing contract, small amt but still a good news

RCN in dec so far only 11m, next might be done within good news out.. lets see if my guess is right

Posted by Ken > 2019-12-18 14:41 | Report Abuse

When Alam was 0.09,warrant was 0.04;When Alam 0.13,warrant 0.045.

Posted by MingGoon > 2019-12-18 21:14 | Report Abuse

The Board of Directors of Alam Maritim Resources Berhad ("ALAM” or "the Company") is pleased to announce that its wholly-owned subsidiary, Alam Maritim (M) Sdn Bhd has been awarded with the Work Order under the Provision of Anchor Handling Tug (“AHTS”) for PETRONAS Carigali Sdn Bhd (“Contract”).

2. SALIENT TERMS OF THE CONTRACT

The salient terms of the Contract are as follows:



Vessel

Firm Charter Duration

Extension

Total Work Order Value (RM)

Contract Effective Date

Taha Assafa

125 days

Up to 30

6,587,500

3 October 2019

Posted by MingGoon > 2019-12-18 21:15 | Report Abuse

3. FINANCIAL EFFECTS

The Contract is expected to contribute positively to the earnings and net tangible assets of ALAM and its group of companies for the financial year ending 31 December 2019 to 2020. Notwithstanding this, the Contract will not have any material effect on the share capital and shareholding structure of ALAM.

Posted by MingGoon > 2019-12-18 21:18 | Report Abuse

last release qtr result for Alam in Nov , net profit increase 103%...

That's why today, Alam shot up high.
Alam passed 0.125, will break through this resistance level, and will go up another new high.
Wave for Alam has arrive, lets ride the wave of Alam.

I will top up more Alam tomorrow, as wave for Alam has arrive.
Join me if you believe in Alam...

Posted by Tunjung > 2019-12-19 06:50 | Report Abuse

Xmas rally started

Posted by Noob Investor > 2019-12-19 08:46 | Report Abuse

Next resistance level is 0.15 follow by 0.165. Previously 0.15 couldn't be broken that's why consolidated to 0.12 with strong support. Let's hope this rally will break above 0.15. All the best everyone.

Posted by Noob Investor > 2019-12-19 08:47 | Report Abuse

With volume gradually increase, it's also a good sign!

Posted by RJ87 > 2019-12-19 11:23 | Report Abuse

Ken, warrant premium too high relative to exercise value.

Posted by Ken > 2019-12-19 13:22 | Report Abuse

RJ87 If Alam up to 0.20,then warrant at least 0.08.then premium for Alam is 0.025/0.125 x 100%=60%;Premium for warrant at least 0.035/0.045X100%=78%.

Posted by RJ87 > 2019-12-19 13:56 | Report Abuse

The exercise price is 12sen. Then, that makes sense.

Can take a position on the WA.

Posted by micsoh > 2019-12-19 15:14 | Report Abuse

Ken, that 60 and 78 is call capital gain,not premium.

Posted by Ken > 2019-12-19 15:31 | Report Abuse

okok,then premium is 0.165-0.125/0.125 x100%=32%,right?