Bursa Malaysia Stock Watch

Alam Maritim downgraded to 'neutral'

kltrader
Publish date: Thu, 02 Dec 2010, 10:05 AM
kltrader
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Following Message
Alam Maritim Resources Bhd, a Malaysian oil and gas services provider, was cut to neutral from buy at OSK Research Sdn Bhd on concern that the company may make provisions for doubtful debts.

The share-price estimate was reduced to RM1 from RM1.46, Jason Yap, an analyst at OSK, said in a report today. -- Bloomberg
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