"With four contracts already awarded, Petronas and its partners are set to award another RM5.5bn worth of hook-up and commissioning (HUC) and topside major maintenance (TMM) jobs. Marine support providers are in a sweet spot as these jobs require the supply of vessels."
extract from Kiasutrader, dd 28th May 2013: Alam Maritim (AMRB)’s 1QFY13 results whizzed past our and consensus estimates. More upside surprises are likely if the company secures more IRM and OIC contracts. We continue to like AMRB’s stable outlook and improving earnings visibility. Maintain BUY, but at a higher revised FV of MYR1.65 (from MYR1.25), pegged to 14x FY14 EPS (previously 13x FY13 EPS).
Above estimates. AMRB’s 1QFY13 earnings of MYR22.2m exceeded forecasts, making up 29.1% of our and 28.5% of consensus’ full-year estimates. Revenue across its three divisions of offshore supply vessel (OSV), offshore installation and construction (OIC) and subsea improved significantly, resulting in an overall 68.6% y-o-y revenue surge.....
May be u r right.. That y i keep half and sell half... If it move upward i still enjoy the riding..(i no xpert in TA like bro risktrader,bursabulltrader or bro nekro. So i need to carefull)
Just one to tell you all. I have received ALL reports from Alam, Perdana, Dayang, Naaim, Risk & Trader. All are beautiful. Good sign this stock will move up, give them a bit more time.
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....
BobbyS
5 posts
Posted by BobbyS > 2013-05-28 23:19 | Report Abuse
Which page,, can you mention it again?