Posted by Mike Jcy > 2020-07-19 10:10 | Report Abuse

@Oipolloi, may i know how much on ur TP?

Posted by Oipolloi > 2020-07-19 12:40 | Report Abuse

@Mike Jcy, my short term TP: 0.105 / 0.13

Posted by Cash_Is_King > 2020-07-19 14:34 | Report Abuse

@Oipolloi, the contract secured and running already? New owner already confirm?

Posted by Cojack31 > 2020-07-19 17:52 | Report Abuse

Slow counter. Increase 0.05 cts or 1 cts only. Better buy top glove HA or supermax HB .

Posted by tuapuikia > 2020-07-19 21:47 | Report Abuse

TP: 0.105 / 0.13 is good enough

Posted by tuapuikia > 2020-07-19 21:47 | Report Abuse

Look at the percentage

Posted by Oipolloi > 2020-07-19 23:14 | Report Abuse

@Cash_Is_King, yes. I can assure you that it is already secured and running. New owner also already confirmed, but still in transition period. Expect within 6 months to finalise.

Posted by Cash_Is_King > 2020-07-21 15:33 | Report Abuse

Suddenly there is a huge buy at 0.09.

Posted by tkl88 > 2020-07-21 23:01 | Report Abuse

Walaoeh, Oil price spike up crazily !
As at 10.55pm,
Nymex=> $42.41 ‪(+1.49) (+3.64%) !‬
Brent=> $44.80 ‪(+1.52) (+3.51%) !‬

‪Huat ah ! Heng ah ! Ong ah !‬

Posted by Shines > 2020-07-22 06:07 | Report Abuse

Ini kali lah

Posted by nasrulfahmi > 2020-07-22 07:42 | Report Abuse

i like

Posted by cmloo > 2020-07-22 09:42 | Report Abuse

restart engine

Posted by nich0las > 2020-07-22 19:25 | Report Abuse

Got new contract.

Posted by Oipolloi > 2020-07-22 19:37 | Report Abuse

FYI, that new IPC contract is not the one that I told about. Anyway, hope to get some profit from this news.

Posted by trade101 > 2020-07-22 19:53 | Report Abuse

Posted by Oipolloi > Jul 22, 2020 7:37 PM | Report Abuse

FYI, that new IPC contract is not the one that I told about. Anyway, hope to get some profit from this news.

Sure aa not this one..coz its only 10mil worth of job only..need more to start this laggard

Posted by investortrader88 > 2020-07-22 20:06 | Report Abuse

https://www.theedgemarkets.com/article/alam-maritim-bags-rm99m-underwater-services-work-order

Posted by cmfoo93 > 2020-07-22 20:26 | Report Abuse

@Oipolloi and when is your so-called thousands of billions contract gon come? LOL

Posted by Oipolloi > 2020-07-22 20:35 | Report Abuse

@cmfoo93, Definitely not billions. But can say between 50m and 100m. It's ok if you don't want to believe. We are here to help each other.

Posted by lee_m2020 > 2020-07-22 21:42 | Report Abuse

ARMADA, KNM, ICON, ALAM, HISBISCS, SCOMIES and BARAKAH start/already converging into Golden Cross.

Check yourself here: https://mindabursa.com/2020/07/22/golden-cross-on-ong-sector-related-companies/

Fly very soon!!!!

Posted by Kiakaha > 2020-07-22 21:43 | Report Abuse

it depends on oil price

Posted by peyoy > 2020-07-22 22:25 | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3070716

Posted by peyoy > 2020-07-22 22:26 | Report Abuse

1. INTRODUCTION

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 Release Order for FPSO Bertam Underwater Inspection in Lieu of Drydocking (UWILD) under the Provision of Pan Malaysia Underwater Services, Petroleum Arrangement Contractors for IPC Malaysia B.V. (“Contract”).

2. THE CONTRACT

The Contract is valued at approximately RM9,934,000.00 and is expected to commence by end of April 2020 until June 2020.

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 2020. Notwithstanding this, the Contract will not have any material effect on the share capital and shareholding structure of ALAM.

Posted by Oipolloi > 2020-07-22 23:01 | Report Abuse

If based on this contract announcement, there should be two more contract announcements. One for short term Exxon contract and another for long term Repsol contract. All are back to back projects. However, this counter will only fly if oil price increases. TAYOR.

Posted by trade101 > 2020-07-23 07:21 | Report Abuse

at least 1sen up today good already...

Posted by HowAh > 2020-07-24 04:32 | Report Abuse

Zzzzz

Posted by shorttermtrader > 2020-07-25 08:13 | Report Abuse

At this stage accumulaton in progress waiting for suitable time to announce good news and push the price higher ... Cheer!

Posted by zachkid > 2020-07-27 12:17 | Report Abuse

Any latest news about the new owner?

Posted by Valgrovest > 2020-07-27 15:22 | Report Abuse

Once world oil prices move up, this counter will definitely move up... i am just waiting patiently for it to happen.

Posted by Valgrovest > 2020-07-27 15:27 | Report Abuse

What is the good news expected? Mind to share please.

Posted by HowAh > 2020-07-27 18:38 | Report Abuse

Wow...crappy. Closing

Posted by Valgrovest > 2020-07-29 08:51 | Report Abuse

After completion of its private placement, prices should rise as company flushed with cash.

Posted by nasrulfahmi > 2020-07-29 09:10 | Report Abuse

today?

Posted by Oipolloi > 2020-07-30 08:09 | Report Abuse

Not today. Should take time within these 6 months. Expect to see announcements for Exxon, Carigali Hess and Repsol contracts between now and September.

Posted by shorttermtrader > 2020-07-30 08:40 | Report Abuse

Oipolloi may I know what are the amounts for those contracts . Thks. .... ; )

Posted by Oipolloi > 2020-07-30 19:39 | Report Abuse

Exxon and Carigali Hess about the same as IPC mentioned above. Repsol in the range of 50m-100m. Can refer to this link for similar contract price. https://www.theedgemarkets.com/article/alam-maritim-wins-rm99m-contract-provide-imr-job

Posted by shorttermtrader > 2020-07-30 20:00 | Report Abuse

Thks Oipolloi hope alam obtained more contracts and can turn black in the future qtr result... Cheer!

Posted by king36 > 2020-07-30 20:18 | Report Abuse

Old news.
Where are all the monies from previous contract?
Why the share price is still so low?
Can the mgmt explain?

Posted by JuliusCeasar > 2020-07-31 17:18 | Report Abuse

Also wonder why TP all the time s high but share prices keep on going down despite SOMETIME SHOWING POSITIVE RESULTS....

GORENGGGG DOWN NOT UP!!

Posted by Shines > 2020-08-02 17:30 | Report Abuse

If no gireng sure low, goreng only will move up

Posted by HowAh > 2020-08-03 20:46 | Report Abuse

Oil price drop..... Sigh

Posted by tkl88 > 2020-08-03 22:17 | Report Abuse

Wow, Oil price continues to spike up !
As at 10.15pm,
Nymex=> $40.82 ‪(+0.55) (+1.37%) !‬
Brent=> $43.88 ‪(+0.36) (+0.83%) !‬

Posted by tkl88 > 2020-08-03 22:44 | Report Abuse

Walaoeh, Dow Jones continue it’s bull run !
As at 10.41pm,
DJI => 26,638.51 (+210.19) (+0.80 %) !

Posted by lauys96 > 2020-08-04 14:42 | Report Abuse

alam sudah jatuh dlm longkang:..

Posted by Oipolloi > 2020-08-04 17:28 | Report Abuse

Look at the latest announcement. Repsol five years contract. Hope tomorrow fly.

Posted by VLVL > 2020-08-04 18:38 | Report Abuse

5 years project. Ini kali lah 15 cents min

Posted by shorttermtrader > 2020-08-04 19:29 | Report Abuse

good news for alam . anybody know what is the estimated value of the contract. Not mention in the annoucement.

Posted by investortrader88 > 2020-08-04 19:38 | Report Abuse

https://www.theedgemarkets.com/article/alam-maritim-awarded-5year-contract-repsol-oil-gas-malaysia

Posted by Limo123 > 2020-08-04 19:39 | Report Abuse

Dun think tomorrow will fly.. no mention contract amount and who is the new owner. Still need to wait.. dun be too happy

Posted by dihas73 > 2020-08-04 20:29 | Report Abuse

Contract value depends on PO rcv during the 5 yrs contract period..at least must hv estimation figure..corporate comm of alam too naive larr..

Posted by kiasu_trader > 2020-08-04 21:16 | Report Abuse

Its about 100mil contract