alam only post 1 qtr small profit, if next qtr another profit, price will be stay above .18, if not will be correction but still will be above .18 at end year, mgmt has said fy20 will be its turnaround year
not enough with converting millions of loan notes at just 9 cents, sell nearly double at 17 cents..
now they propose to add another 10% PP1 and another 20%PP2 = total 30% PP !!!
.. bear in mind, that previous Loan Notes at 9 cents still not fully converted yet !!.. so where is the indication that Alam actually in healthy financially condition ??..
Quite amusing la for me..doesn't seem that this Alam already doing well..in fact more into deep state...however..stock market move based on speculative..so lets play, but beware all the time,..haha
Hi Mabel , my message sent on 13 Jan refers. I am sorry for very late reply( I meant very very very late based on the prevailing technologies )...thanks for the list of construction companies in your portfolio . Now I will have to burn the midnight oil to study them thanks in advance
@Ron90 how u know the loan notes of 0.09 not yet fully converted? Where can find such info? This alam has converted many tranches of loan notes recently, 2 tranchess this month, 2 tranches in Dec19, 3 tranches in Nov19, and few others. How many remaining loan notes yet to convert? It's huge immediate profit to those owner of loan notes.
Oil dropped to its lowest level since October on Monday, as fears over a potential slowdown in crude demand, sparked by the coronavirus outbreak, continued to pressure prices.
U.S. West Texas Intermediate crude fell 2.3%, or $1.26, to $52.93, putting it on pace for its fifth straight session of losses. At its low, WTI dipped more than 3% to hit $52.13, a price not seen since Oct. 10.
International benchmark Brent crude fell 2.5%, or $1.53, to $59.16. It’s also coming off its third straight week of losses, and its worst week since Dec. 2018.
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....
Davidl
1,816 posts
Posted by Davidl > 2020-01-18 12:53 | Report Abuse
Beware of correction guys!