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Saudi oil production cut by 50%. And here is the best oil & gas counter to play — Alam Maritim & its warrants

kingcatkingcat
Publish date: Sun, 15 Sep 2019, 12:10 PM
kingcatkingcat
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TP ALAM MARITIM : RM0.20

 

Saudi Arabia shut down half its oil production Saturday after a series of drone strikes hit the world’s largest oil processing facility in an attack claimed by Yemen’s Houthi rebels.

https://www.cnbc.com/2019/09/14/saudi-arabia-is-shutting-down-half-of-its-oil-production-after-drone-attack-wsj-says.html

Recently, there are some oil & gas counters shot up. Just like I show as below.  

 

ARMADA

 

CARIMIN PETROLEUM

 

PENERGY 

 

UZMA

 

ALAM MARITIM

 

In annual general meeting few months ago, CEO of Alam Maritim said that he expects 30% of its RM990 million order book to be recognised in this financial year. And what can we see recently is, the latest revenue has been shot up more than 100% in second quarter 2019. Alam Maritim has very bright future and their total revenue of this year may reach as high as RM300 million. 

 

DISCLAIMER : Investment involve risk, including possible loss of principle and other losses. This article and charts are provided for information only and should not be construed as a solicitation to buy or sell any of the instruments mentioned herein. The author may have positions in soe of these instruments. The author shall not be responsible for any losses or lost profits resulting from investment decisions based on the use of the information contained herein. If investment and other professional advice are required, the services of a licensed professional person should be sought.

Discussions
Be the first to like this. Showing 4 of 4 comments

ming

Strong get stronger.. weak get weaker.. not the right theory meh?

2019-09-15 13:15

stockraider

WHY U REALLY NEED TO CHASE ARMADA WHO HAS RISEN ABOVE RM 0.30 VERY FAST LOH....!!

JUST IMAGINE IF U HAVE BOUGHT INTO ARMADA AT RM 0.80 TO RM 1.00 WHEN THE SHARE PRICE HAD BEEN CRASHING CRASHING TO RM 0.16 FOR A LONGTIME.!!

U FEEL VERY SORRY FOR YOUR FAMILY ESPECIALLY THE FUND FOR CHILDREN FUTURE EDUCATION HAD BEEN SUBSTANTIALLY DEPLETED BCOS U LOH...!!

U WAITED AND WATCHED THE SHARE MKT ESPECIALLY ARMADA DON KNOW WHAT TO DO LOH.....!! BCOS U NO LONGER TO AFFORD THE PAIN OF FURTHER LOSING MAH..!!

THEN SUDDENLY RAINBOW APPEAR...ARMADA SHOOT UP FROM RM 0.22 TO ABOVE RM 0.305 ARE U GOING TO WATCH ANY FURTHER LEH ??

NO LOH...!! U SHOULD PUT YOUR MONIES TO WORK right a way & THIS IS WHY LOH ??

Armada have the following good news & catalyst and its share price will keep shooting upwards on sustain basis loh...!!

1. Armada equity and contract on hand much bigger than yinson.

2. Armada latest to qtr earnings has exceeded yinson. With its last qtr earnings exceeded yinson profit 2x.

3. Armada borrowing has been reduced by 1 billion & coming down further.

4. The new ceo has initiated alot of wealth creation initiative.

5. Most importantly armada share price already breakout from rm 0.30 resistance and expected the momentum to carry it higher loh...!!

6. EPF has been regularly buying armada recently with large quantities.

Yes u will see better days for Armada, just hang tight loh...!!


ARMADA IS A POTENTIAL 8 BAGGERS AT THE PRICE OF RM 0.305 LOH...!!

Posted by stockraider > Sep 15, 2019 11:45 AM | Report Abuse X

1.Saudi issue add Extra boost for armada....which already riding on string of extremelly bullish news mah...!!

2. technically the share price very bullish as it just broke the resistance rm 0.30 loh...!!

2019-09-15 17:47

Armada An Quantum Leap Stock In 2019/2020

Be extra carefully
If one intended to
Trade ALAM

A nimbly skill required if want to trade alam.
There are many other safer stocks.

2019-09-15 18:41

KAQ4468

Waaaaa


6 cents mau pergi 36 cents ka ??

30 cents jatuh Dari langit la itu maciam



Kikikiki Kiki

2019-09-16 23:03

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