Highlights
KLSE: ALAM (5115)       ALAM MARITIM RESOURCES BHD MAIN : Trading&Services
Last Price Today's Change   Day's Range   Trading Volume
0.14   0.00 (0.00%)  0.14 - 0.145  1,748,300
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Overview

Market Cap: 129 Million
NOSH: 924 Million
Avg Volume (4 weeks):2,161,755
4 Weeks Range:0.125 - 0.155
4 Weeks Price Volatility (%):
50.00%
52 Weeks Range:0.115 - 0.25
52 Weeks Price Volatility (%):
18.52%
Average Price Target: 0.10
Price Target Upside/Downside: -0.04

Financial Highlight

Latest Quarter | Ann. Date 31-Mar-2018 [#1]  |  24-May-2018
Next QR | Est. Ann. Date: 30-Jun-2018  |  25-Aug-2018
T4Q P/E | EY: -0.88  |  -113.32%
T4Q DY | Payout %: 0.00%  |  - %
T4Q NAPS | P/NAPS: 0.63  |  0.22
T4Q NP Margin | ROE: -87.90%  |  -25.18%

Headlines

Date Subject
28-Jun-2018 [转贴] [ALAM MARITIM RESOURCES BHD,审慎管理及执行策略] - James的股票投资James Share Investing
28-Jun-2018 世界海事 新合约减清盘风险
27-Jun-2018 PublicInvest Research Headlines - 27 Jun 2018
27-Jun-2018 Mplus Market Pulse - 27 Jun 2018
25-May-2018 Alam Maritim Resources - Deemed Below Expectations
25-May-2018 Alam Maritim (Cease Coverage) - Still a Challenging Industry
07-May-2018 Mplus Market Pulse - 7 May 2018
02-Apr-2018 Alam Maritim Resources - A Step Closer
01-Mar-2018 Alam Maritim Resources - Ends With Deep Losses
01-Mar-2018 Alam Maritim - Continues to Struggle
27-Nov-2017 Alam Maritim (SELL, Maintain) - No Near-term Catalyst
27-Nov-2017 Alam Maritim Resources - Sinking Deeper
21-Sep-2017 Daily Technical Highlights - (ALAM, ICON)
28-Aug-2017 Alam Maritim Resources - Expecting a Weaker 2H17
28-Aug-2017 Alam Maritim - Still Sees Red
26-Jul-2017 Alam Maritim Resources - Not Out of the Woods Yet

Business Background

Alam Maritim Resources Bhd is a Malaysia-based investment holding company. It operates through two business segments: Offshore support vessels and services, and Subsea services. Its Offshore support vessels and services segment is engaged in providing vessels for charter hire; assisting seismic operators in seismic survey related activities; transportation of crew and supplies; towing and mooring of rigs offshore; anchor-handling services and other support. Its Sub-sea services segment is engaged in providing offshore facilities construction and installation services, such as marine construction related services; sub-sea engineering services and offshore pipeline construction-related services, and designing, manufacturing and operating of remotely operated vehicles.
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  39 people like this.
 
KEYBOARD SHARE TA...B12 C11 TP36 THE TIME PERIOD IS COMING
07/03/2018 13:27
whitebutterfly big loss 2017 and no new contract this yr.. sifu2 any hope?
07/03/2018 16:19
tuapuikia Just need to get back all the outstanding payment and restructure, it will become green again
08/03/2018 09:54
yiniugongxiong ALAM 5115 QUARTERLY REPORT 31 DEC 2017
http://yiniugongxiong.blogspot.my/2018/02/alam-5115-quarterly-report-31-dec-2017.html
12/03/2018 19:04
tuapuikia why suddenly huge volume?
21/03/2018 09:37
whitebutterfly can today go down to 13.5 sen??
21/03/2018 14:18
whitebutterfly Write a comment..Reference is made to Alam Maritim Resources Berhad’s ("ALAM” or "the Company") previous announcements dated 26 May 2017 in relation to the admission of the Company to Corporate Debt Restructuring Committee of Bank Negara Malaysia (“CDRC”); 7 July 2017 in relation to the Proposed Restructuring Scheme; and 25 July 2017 in relation to the extension of time.

The Board of Directors of the Company is pleased to announce that the Company and its subsidiaries, joint-venture companies and associated companies (collectively, the “Affected Companies”) had received the requisite approval-in-principle from the respective lenders/financiers of at least seventy five percent (75%) of each class of creditors. To date, the Company has received the requisite approval-in-principle representing 87% of the Company’s secured debt and the requisite approval-in-principle representing 100% of the Company’s unsecured debt.

In view of the abovementioned event, the Company’s Proposed Restructuring Scheme ("PRS") is deemed effective subject to:

Award of contracts;
Consent of shareholders of the Affected Companies;
Completion of the bilateral settlement documentation within 60 days from the date of this announcement or any extension thereof.
The Group’s restructuring involves a bilateral settlement between each borrowing entity and its respective lenders/financiers by amending and extending the terms and conditions of the existing borrowing/facilities based on their respective cash flow forecast.

The Company has been working closely with the respective lenders/financiers to address and manage queries and to set out the material terms of the PRS. The PRS provides the Company with an affordable capital structure to deliver long-term value to all of its stakeholders. The Company believes this PRS also sets a firm foundation to sustain and grow the business going forward.
30/03/2018 17:47
whitebutterfly seems to have new hope
30/03/2018 17:47
Lim Elson wow.... dapat loan ke?.. boleh naik ke ?

then i queue 0.135 cuba sikit.
01/04/2018 11:03
tuapuikia Will fly tomorrow!!
01/04/2018 20:46
whitebutterfly I already queue at 12 sen.. hope get something in the morning.
02/04/2018 01:15
tuapuikia 12 cents? LOL
02/04/2018 10:00
Lim Elson cancel... sleepy counter
02/04/2018 10:19
Lim Tek Wai ok up
02/04/2018 10:35
tuapuikia ok up x2
02/04/2018 10:41
whitebutterfly couldnt get 12 sen.. i think the lowest will be 12.5 sen on average for this month.. buy2.. new industry news is going out.
04/04/2018 16:52
Lim Tek Wai Hold?
04/04/2018 17:07
tuapuikia can just hold, 0.12 is really all time low
05/04/2018 12:35
Yael Jasper company buy back?
05/04/2018 14:08
mansaham1972 Masuk 14.5 sen.semua kaunter minyak dah meletop
13/04/2018 17:23
annmix hopefully will recover soon and get more contract as brent oil is stedily going up !
13/04/2018 17:30
mfbs Alam masih belum gerak..
16/04/2018 11:45
abcde12345 Finally moving..
16/04/2018 13:23
Jessie Ng hahah gooooodd
16/04/2018 13:36
tuapuikia define move?
19/04/2018 09:49
dompeilee Bought some Alam @ 15c
19/04/2018 10:05
annmix dont know why all these oil counter not moving at all since brent already recover
20/04/2018 09:48
bigman888 many are services provider.... not producer
20/04/2018 18:11
mfbs Hello...
14/05/2018 20:11
Moon Wht is impact of GE14 to this counter?
17/05/2018 13:36
Sani Wahi Mampos kaunter ni. Dok demam ajer.
28/05/2018 15:00
Tedinvestor Oil price collapsing. Spell disaster for Alam. Both Russia and Saudi are raising output.
30/05/2018 07:47
Moneymore So far only Dialog, Bumi, Yinson and Hibiscus are gerating good profit when oil price up. Dialog is sure win with Pengerang, Hibiscus the only real oil producer, the rest of are service companies rely on oil company for job: barakah, Uzma, Perisai, Icon, Alam, UMW, Petra, Carimin, Scomi, T7, many more all are in deep trouble, so the choice is easy, don't buy on what people told you, do you own calculation. Also stay away from oil companies associated with Khazakstan like Sumatec and Reach, too much fishy. Best bet in this oil cycle up will be Hibiscus, next Dialog, then Yinson and Bumi.
03/06/2018 10:58
Kho Hon Hua comming back?
07/06/2018 16:57
mfbs Before raya 20 cent??
07/06/2018 22:49
Patron where is Tan End who promoted this at 61.5 cents?? hip hip horrayyyy
08/06/2018 20:10
Patron https://klse.i3investor.com/servlets/pfs/47695.jsp?stockName=PERISAI
08/06/2018 20:10
mfbs wow new contract 226milion...up2
27/06/2018 08:42
mfbs buy buy
27/06/2018 08:42
annmix finally some new contracts..hopefully can sustains
27/06/2018 10:57
RedEagle KUALA LUMPUR: The Kuala Lumpur Composite Index could be dragged as low as 1,580- points, should the United States impose tariffs on an additional US$200 billion worth of Chinese imports.

TA Securities Holdings Bhd Research Senior Vice-President Kaladher Govindan said the US move would encourage more fund outflow from regional markets and Bursa Malaysia could follow suit.

However, he reaffirmed that the year-end target would remain at 1,780 points based on a price earnings ratio of 15.5 times.

“Our overview is that US President Donald Trump will stop after imposing tariffs on US$50 billion worths of goods from China and would not proceed with the second tranche of tariffs on US$200 billion in Chinese imports,” he told reporters after TA Enterprise Bhd and TA Global Bhd
27/06/2018 16:29
Bullcoming KUALA LUMPUR (June 27): Offshore support vessel (OSV) provider Alam Maritim Resources Bhd expects its vessel utilisation to pick up to 55%-60% this year and more than 70% in 2019.

The vessel utilisation has plunged in the past few years, in line with weak offshore oil and gas (O&G) explorations. In 2015, the utilisation level averaged 63% and fell to 52% in 2016. However, its vessel utilisation has improved to 51% in in the first quarter ended March 31, 2018 (1QFY18), from 47% in 4QFY17.

Speaking to reporters after the group’s annual general meeting today, Alam Maritim managing director and chief executive officer Datuk Azmi Ahmad said he expects the utilisation level to improve, supported by existing and new contracts.

The group is confident of securing another new contract from "a large O&G company that has local presence" by the third quarter of this year, Azmi said, which will further boost its revenue and utilisation rate.

This is in addition to the RM226.08 million worth of OSV contracts that it had recently won from O&G companies and main contractors in Malaysia and the Middle East. The contracts are a mixture of short- and long-term ones, with a primary period of six months to three years.

On the potential contract, Azmi said the group is tendering an inspection, repair and maintenance (IRM) project, adding that the “the value of the entire project is higher than the contracts it had secured recently".

The potential project consists of three packages with different work scopes, and the work is carried out on an on-call basis, Azmi added.

Azmi also said Alam Maritim's tenderbook stands at RM1.2 billion, with an estimated success rate of between 10% and 15%.

Amid the challenging outlook for the OSV segment this year, the group is undertaking cost optimisation measures, including cutting down its fleet size to half from its current size in the long term and no new hiring to replace for any workers who have left the group.

Azmi said the group is also looking to dispose of its vessels that are more than 15 years old. It currently has a fleet of 42 vessels.

“We target to reduce our fleet size to 35 from 38 by the end of this year,” he said, adding that the group had disposed of three barges for RM3 million.

On Alam Maritim's proposed restructuring scheme (PRS), Azmi said it is set to be completed by the third or fourth quarter of this year.

The current progress of the PRS is coming to a “tail end”, waiting to sign a bilateral settlement between each borrowing entity and its respective lenders by amending and extending the terms and conditions of the existing borrowing/facilities, based on their respective cash flow forecast, he added.

In April, Alam Maritim announced that the group and its subsidiaries, joint-venture (JV) companies and associated companies had received the requisite approval-in-principle to date from the respective lenders/financiers of 87% of the secured debt and the requisite approval-in-principle, representing 100% of the unsecured debt.

Alam Maritim shares closed up one sen or 7.69% at 14 sen today, with 11.43 million shares done, bringing a market capitalisation of RM134.6 million.
27/06/2018 17:56
signalmw 清盘风险降

该股的投资评级也从“落后大市”上调至“和大市同步”,以及目标价从11仙提高至13仙。在赢得新合约后,该公司的清盘风险已降低。
27/06/2018 20:05
HazByn up up and away..
27/06/2018 21:01
vinvin ........to the MOON!!!
28/06/2018 08:01
mfbs Moon koyak
28/06/2018 11:50
James Ng https://klse.i3investor.com/blogs/general/163089.jsp
[转贴] [ALAM MARITIM RESOURCES BHD,审慎管理及执行策略] - James的股票投资James Share Investing
28/06/2018 12:10
Shahrizal Bin Ibrahim https://www.thestar.com.my/business/business-news/2018/07/06/petronas-appoints-ainul-azhar-to-its-board/

this one can limit up? or old news?
07/07/2018 10:44
mfbs Hahaha
07/07/2018 16:28
annmix down somemore.. all o&g counter are still doom
13/07/2018 15:03


 

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