ALAM MARITIM RESOURCES BHD

KLSE (MYR): ALAM (5115)

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Last Price

0.025

Today's Change

+0.005 (25.00%)

Day's Change

0.02 - 0.025

Trading Volume

1,766,100


44 people like this.

14,951 comment(s). Last comment by Robert Waters 2 weeks ago

Posted by whistlebower99 > 2022-06-01 11:46 | Report Abuse

FOR NEWBIES

Profit/(loss) attributable to ordinary equity holders of the parent -10,363,000
https://www.klsescreener.com/v2/stocks/view/5115/alam-maritim-resources-berhad

6 years of losses in a row
High or low oil price, company still losing money !!!


Directors continue to receive remuneration and payment

===============
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance

====================
TAYOR, set realistic target

RWG

1,051 posts

Posted by RWG > 2022-06-01 21:17 | Report Abuse

when is agm? i want fuk them 9696

Posted by bullmarket1628 > 2022-06-10 07:04 | Report Abuse

Petronas ups annual capex to RM60 bil, makes first allocation for clean energy
SyafiqahSalim/theedgemarkets.com
June 09, 2022 16:20 pm +08

https://www.theedgemarkets.com/article/petronas-plans-rm60b-capex-2022-says-group-cfo

KUALA LUMPUR (June 9): Petroliam Nasional Bhd (Petronas) is allocating about RM60 billion for capital expenditure (capex) in financial year ending Dec 31, 2022 (FY22) compared with RM30.5 billion a year earlier as the Malaysian national oil company prepares for the resumption of business activities, which were earlier disrupted by Covid-19-driven movement restrictions, and as the group sets aside money for clean energy or non-hydrocarbon-related ventures.
"This year, we expect to almost double that [capex] amount which is RM60 billion, because of catch-up and the return of [business] activities. This is also the time we have to make inroads in some material steps into the non-hydrocarbon side of things," Petronas chief financial officer Liza Mustapha said on Thursday (June 9) at the MIDF Conversations event, which was held virtually.
MIDF group managing director Datuk Charon Mokhzani was the moderator for the event.
Liza said that out of Petronas' planned RM60 billion capex allocation for FY22, about RM40 billion has been earmarked for the oil and gas business besides non-hydrocarbon–related operations while the balance of the capex allocation has been earmarked to finance Petronas Chemicals Group Bhd's (PetChem) wholly-owned subsidiary Petronas Chemicals International B.V. (PCIBV) proposed acquisition of the entire stake in Sweden-based specialty chemicals group Perstorp Holding AB for €1.54 billion (about RM7.02 billion) from Financiere Foret S.A.R.L.
Petronas owns a 64.35% stake in PetChem, according to PetChem's latest annual report.
Looking ahead, Liza said non-hydrocarbon-related income is expected to account for about 30% of Petronas' revenue.
"[About] 30% of our revenue should be coming from something which is not related to hydrocarbons.
"We have to factor in [business] growth, otherwise, we will not be able to manage the energy transition and we will miss our target of achieving [net] zero [carbon] emissions by 2050," she said.
According to her, about 10% of Petronas' RM60 billion capex allocation for FY22 will be earmarked for non-traditional businesses such as specialty chemicals and solar energy.
"Previously, I think there was never a plan on what rate it should be [for the clean energy segment] because there was no allocation from the top. So, it didn't really take off.
"So, we need to rethink our decision on the capital allocation [for the clean energy segment] and put it aside, because if we leave it at that and let them go with the flow, we are going to be a year behind the target again," she said.
Petronas' financials improved in 1QFY22. In a statement on May 31, 2022, Petronas said profit after tax rose to RM23.44 billion in 1QFY22 from RM9.22 billion a year earlier while revenue climbed to RM78.75 billion from RM52.55 billion.
"Despite favourable [first quarter] performance, the high oil and gas prices are expected to remain vulnerable with increased volatility due to geopolitical and macro-economic uncertainties.
"Petronas will continue to strengthen our operational excellence to maximise value creation whilst intensifying our growth and sustainability agenda in Malaysia and internationally,” the company said.

Edited By: Chong Jin Hun

Posted by bullmarket1628 > 2022-06-12 16:40 | Report Abuse

南详商报。财经新闻
传Icon岸外拟购沙布拉能源资产
2022年06月11日

https://www.enanyang.my/财经新闻/传icon岸外拟购沙布拉能源资产

(吉隆坡11日讯)Icon岸外(ICON,5255,主板能源股)将成为新一个沙布拉能源(SAPNRG,5218,主板能源股)的拯救者?
根据财经周刊《The Edge》报道,Icon岸外有意接手,沙布拉能源在联营的沙布拉贝克休斯(Sapura Baker Hughes TPS)手持的51%股权。

Icon岸外和沙布拉能源并未否认此收购计划。

已经陷入PN17、急需重组的沙布拉能源,在回应《The Edge》时直言:“作为重组计划,我们在重审所有资产和业务,包括沙布拉贝克休斯。”
Icon岸外则回应指,该集团一直不断找寻强化自身能力,和为所提供服务增值的机会。

“现在的财务状况,让我们有着强劲地位去追求一些有价值的并购活动。”
沙布拉贝克休斯是沙布拉能源与美国油气巨头贝克休斯,以51:49方式联营的油气服务公司,并负责为国家石油的浮动液化天然气设施提供维修服务。
报道特别称,这家联营公司是沙布拉能源“较成功的一个单位”;截至2021年1月财年,这家公司拥有超过2亿令吉资产,以及约1.58亿令吉负债,并获得3785万令吉税后净利。

Posted by zenbeginner > 2022-06-13 10:24 | Report Abuse

Bullmarket, no prediction this week?

limkokthye

6,039 posts

Posted by limkokthye > 2022-06-21 21:19 | Report Abuse

Waiting to pn17

Posted by bullmarket1628 > 2022-06-28 11:51 | Report Abuse

Super good news !
Parliament will dissolves by end Sept 2022 and GE15 is on Nov 2022

For those who still haven’t grab any cheap stocks, please faster grab any of it before too late !
If not, later don’t just sit there and see all of us here making tonnes of profits ya !

Heng ah, Ong ah, Huat ah !

koyokui

1,904 posts

Posted by koyokui > 2022-06-28 14:31 | Report Abuse

Buy alam today oil n gas counter up

Posted by whistlebower99 > 2022-07-19 15:47 | Report Abuse

FOR NEWBIES

NOSH = 1,531,828,805

===============
Company keep losing money
Losses in 7 years in a row
Directors continue to receive remuneration and payment

================
Be careful trading high NOSH low price penny stocks

Directors have power to propose shares consolidation to trim down your shareholdings by many times and raise more fund via rights issue with free warrants

===============
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance

====================
TAYOR, set realistic target

koyokui

1,904 posts

Posted by koyokui > 2022-07-20 13:36 | Report Abuse

Buy alam very long time not move

koyokui

1,904 posts

Posted by koyokui > 2022-07-26 12:57 | Report Abuse

Buy time to rise long sleep

Posted by daneilchoong > 2022-07-27 09:36 | Report Abuse

all oil n gas already up

Posted by daneilchoong > 2022-07-28 08:10 | Report Abuse

today will buy some

Posted by zenbeginner > 2022-08-02 12:01 | Report Abuse

Are you waking up?

Posted by whistlebower99 > 2022-08-03 00:29 | Report Abuse

FOR NEWBIES

MERIDIAN is the latest high NOSH low price penny stock proposing to do shares consolidation !!!
Announcement dated 2 August 2022

===================
Be careful trading high NOSH low price penny stocks

Directors have power to propose shares consolidation to trim down your shareholdings by many times and raise more fund via rights issue with free warrants

List of penny stocks with shares consolidation:-

2022 - LKL, IMPIANA, YONGTAI, VSOLAR, FAST, DIGISTA, MTRONIC, AGES, IDMENSN, KANGER, AAX,

BEFORE 2022 - PWORTH, PDZ, LAMBO, PASUKGB, MTOUCHE, SANICHI, VC, TRIVE, VINVEST, ICON, MLAB, NETX,.........

====================
TAYOR, set realistic target, don't be caught with shares consolidation

Posted by daneilchoong > 2022-08-04 15:23 | Report Abuse

buy alam good anouncment coming

Posted by zenbeginner > 2022-08-08 14:17 | Report Abuse

daneilchoong

buy alam good anouncment coming

What announcement? :-)

Posted by daneilchoong > 2022-08-10 09:34 | Report Abuse

buy oil ngas looks like want to shoot.sapura kencana already loaded

Posted by daneilchoong > 2022-08-23 09:25 | Report Abuse

keep buy alam follow sapura

Posted by bullmarket1628 > 2022-08-23 10:47 |

Post removed.Why?

Posted by bullmarket1628 > 2022-08-23 11:36 |

Post removed.Why?

Posted by bullmarket1628 > 2022-08-23 11:52 | Report Abuse

Wow, Fantastics !

Now Hibiscs already traded at=>
0.965 (+0.065)(+7.2%) !



Heng ah, Ong ah, Huat ah !

Posted by bullmarket1628 > 2022-08-23 15:44 | Report Abuse

Wow, Fabolous !

Now Hibiscs already traded at=>
0.98 (+0.08)(+8.9 %) !



Heng ah, Ong ah, Huat ah !

Jering

1 posts

Posted by Jering > 2022-08-31 14:08 | Report Abuse

how new investor Propel Global Bhd landed on board and take over company, new navigator on board, possible to invest new asset can be placed?

Posted by bullmarket1628 > 2022-09-09 06:14 |

Post removed.Why?

Posted by bullmarket1628 > 2022-09-12 12:14 |

Post removed.Why?

Posted by bullmarket1628 > 2022-09-12 12:36 | Report Abuse

Strong turnaround in second half for Velesto, says Affin Hwang
By Azanis Shahila Aman
September 12, 2022 @ 9:47am

https://www.nst.com.my/amp/business/2022/09/830502/strong-turnaround-second-half-velesto-says-affin-hwang

KUALA LUMPUR: Affin Hwang Capital expects a strong second half of 2022 (2H22) profit turnaround for Velesto Energy Bhd on the back of a higher capacity utilisation.
The research house said the drilling market outlook had turned more favourable compared to a quarter ago with demand and charter rates on the rise. 

Barring any unforeseen disruptions, it said Velesto should end 2022 with a full-year 59 per cent utilisation. 
"Management is also sticking to its bullish tone as it expects utilisation to rise close to 80 per cent in 2023 from our existing 65 per cent assumption.

"Velesto has locked in roughly 18 per cent utilisation so far, with most of the potential contracts still under negotiation under Petronas' umbrella package," it said.
Meanwhile, the firm said the estimated higher 72 per cent rig utilisation in 2H22, above Velesto's 60 per cent breakeven level should lead to a strong profit turnaround and narrow 2022 losses significantly. 

It said 2023 was shaping up to be a strong recovery year driven by a recovery in both rig demand and charter rates. 
"We reaffirm our Buy rating and target price of 11 sen on Velesto. 
"We believe market expectation on Velesto has bottomed and downside on its share price appears limited. 
"We see value emerging and believe that the current share price has not factored in the improving drilling market outlook," it added.

Posted by bullmarket1628 > 2022-09-26 17:35 | Report Abuse

Tommorrow once the Donbast referendum being passed, then Russia will annexed those 4 Donbast regions from Ukraine, then will start war between Russia and Europe, then oil price will spike up to above USD $120 again !

Then all the O & G counters will spike up to sky high especially Alam's price will break above 30 cents !

Heng ah, Ong ah, Huat ah !

leedavid

414 posts

Posted by leedavid > 2022-09-27 09:16 | Report Abuse

alam target price 7 sen

Posted by bullmarket1628 > 2022-09-27 18:27 | Report Abuse

Russia's war in Ukraine is at a dangerous tipping point
Analysis by Nick Paton Walsh, CNN
Updated 1:49 AM EDT, Tue September 27, 2022

https://amp.cnn.com/cnn/2022/09/27/europe/putin-binary-moment-russia-ukraine-war-tipping-analysis-intl/index.html

Kramatorsk, Ukraine(CNN) The chaos of the past week might be incorrectly comforting. Despite Russia's continued disastrous handling of its war of choice in Ukraine, the conflict's most dangerous moment may be nearing.
At some point this week, the Kremlin will likely declare that "sham" referendums in four partially occupied areas of Ukraine have delivered a mandate for their swift assimilation into what Moscow calls Russian territory…

Posted by bullmarket1628 > 2022-09-28 10:48 | Report Abuse

Latest news from CNN…
A war between Russia & USA/Europe will be ignited anytime from now if the ‘Sham’ referendum results is in favour to russia (of course is a sure guranteed passed results created by Russia), So, since russia will use this results by annexed 4 Ukraine’s regions and as an excuse for them to publicly giving mandate to them to sending millions of troops to based the stations permanently into this 4 regions,
then a new World War III cannot be avoid and will happened anytime from now already !

Then the Oil price definitely will immediately shooting up to sky high !

And then all the O & G counters definitely will follow to spike up like mad already !

Posted by bullmarket1628 > 2022-09-28 10:48 |

Post removed.Why?

Posted by bullmarket1628 > 2022-10-04 07:55 |

Post removed.Why?

Posted by bullmarket1628 > 2022-10-04 09:17 |

Post removed.Why?

Posted by bullmarket1628 > 2022-10-05 07:00 |

Post removed.Why?

Posted by bullmarket1628 > 2022-10-05 07:28 | Report Abuse

Oil prices could soon return to $100 as OPEC+ considers ‘historic’ cut, analysts say
PUBLISHED MON, OCT 3 2022 6:43 AM EDT

Lee Ying Shan @LEEYINGSHAN
Sam Meredith @SMEREDITH19

https://www.cnbc.com/amp/2022/10/03/opec-oil-prices-could-soon-return-to-100-a-barrel-analysts-say.html

KEY POINTS
* OPEC and non-OPEC producers, a group often referred to as OPEC+, will meet in Vienna, Austria on Wednesday to decide on the next phase of production policy.
* The oil cartel and its allies are considering an output cut of more than a million barrels per day, according to OPEC+ sources who spoke to Reuters.
* "The OPEC ministers are not going to come to Austria for the first time in two years to do nothing. So there's going to be a cut of some historic kind," said Dan Pickering, CIO of Pickering Energy Partners.

Posted by bullmarket1628 > 2022-10-05 09:27 |

Post removed.Why?

Posted by bullmarket1628 > 2022-10-05 09:29 |

Post removed.Why?

Posted by bullmarket1628 > 2022-10-05 09:31 | Report Abuse

Wow, Fantastics !
Now Hibiscs already traded at=>
0.955 (+0.085) (+9.8 %)!

Heng ah, Ong ah, Huat ah !

Posted by bullmarket1628 > 2022-10-05 09:38 | Report Abuse

Wow, Fabulous !
Now Hibiscs already traded at=>
0.97 (+0.10) (+11.5 %)!

Heng ah, Ong ah, Huat ah !

Posted by bullmarket1628 > 2022-10-05 09:40 | Report Abuse

Wow, Awesome !
Now Hibiscs already traded at=>
0.98 (+0.11) (+12.6 %)!

Heng ah, Ong ah, Huat ah !

Posted by bullmarket1628 > 2022-10-06 07:09 |

Post removed.Why?

Posted by bullmarket1628 > 2022-10-06 07:34 | Report Abuse

White House Disappointed With OPEC’s ‘Shortsighted’ Decision
By Charles Kennedy - Oct 05, 2022, 12:00 PM CDT

https://oilprice.com/Energy/Energy-General/White-House-Disappointed-With-OPECs-Shortsighted-Decision.amp.html

A White House statement following the OPEC+ decision to defy the Biden administration with an output cut for November vows to find new ways to temper OPEC’s control over energy prices. 

Earlier on Wednesday, members of OPEC+ said they would cut November production quotas by 2 million bpd, citing the “uncertainty that surrounds the global economic and oil market outlooks”. 

The decision immediately led to a more than 2% increase in Brent crude and WTI prices and goes directly against the Biden administration’s attempts to lobby Saudi Arabia for higher production to bring prices down. 

Shortly after the release of an OPEC+ press release detailing the output cuts, the White House said, “In light of today's action, the Biden Administration will also consult with Congress on additional tools and authorities to reduce OPEC's control over energy prices.”

Posted by bullmarket1628 > 2022-10-06 07:51 | Report Abuse

OPEC+ agrees deep oil production cuts, Biden calls it shortsighted
By Ahmad Ghaddar, Alex Lawler and Rowena Edwards
October 6, 2022 4:33 AM GMT+8Last Updated 17 min ago

https://www.reuters.com/business/energy/opec-heads-deep-supply-cuts-clash-with-us-2022-10-04/

VIENNA/LONDON, Oct 5 (Reuters) - OPEC+ agreed steep oil production cuts on Wednesday, curbing supply in an already tight market, causing one of its biggest clashes with the West as the U.S. administration called the surprise decision shortsighted.
OPEC's de-facto leader Saudi Arabia said the cut of 2 million barrels per day (bpd) of output - equal to 2% of global supply - was necessary to respond to rising interest rates in the West and a weaker global economy..

Posted by bullmarket1628 > 2022-10-07 07:05 |

Post removed.Why?

Posted by bullmarket1628 > 2022-10-08 07:33 |

Post removed.Why?

Posted by success2628 > 2022-10-11 16:48 | Report Abuse

Walaoeh, What happended ?
Super damn hot man ICON today !
Now ICON already traded at => 0.125 (+0.015) (+13.6 %)

Congratulations to all of the ICON diehard supporters !

Posted by success2628 > 2022-10-20 07:09 | Report Abuse

Walaoeh, oil price spike up like mad !
Brent closed at=> $92.41 +2.38 +2.64 %

Like that today Alam will be limit up already liao lah !

Congratulations to all the Alam die hard supporters!

leedavid

414 posts

Posted by leedavid > 2022-10-21 07:57 | Report Abuse

looks like want to go up

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