All Armadians : Sell a small part of your armada, and use the proceeds to buy Alam.
Only sell a small % of your Armada

Armada sell at 0.545, and buy Alam at 0.15.
Your profit margin for Alam will be much higher than Armada in the near term.
Most important when we invest in shares, like any other business, we need to maximize our profit return.

Alam has a much higher profit margin due to it is now 0.15, much room to grow.
As always choice is always yours.

I have sold a small % of Armada, and have bought Alam today with the proceeds.
A small % of Armada only, ... and the profit margin for Alam will be higher...

Cheers All Armadians and Alamtians...
Alam Near TP0.215, Next TP 0.3

NEWSBREAK
Velesto Energy has received a Letter of Award from Carigali Hess Operating Company, for the provision of a jack up drilling rig for its 2020 drilling Programme. Velesto will assign Naga 8 for the job. The contract value for the firm period of 3 years and amounts to USD131m with an extension of c.18 months. Work is expected to commence by 2H20.

Velesto is expected to commence work for Carigali Hess Operating Company by 2020.
Always remember that we are buying now, Velesto at 0.395, so that when news out by 2020, Velesto price will surge/go up very very high.

Buy on dip, and take profit on news.
That's why Velesto 15Million Volume as of now
Always remember, when people sell, there must be people buying.
Investors has been busy collecting Velesto these few days, at 0.385/ 0.395.

Very soon Velesto will cross the 0.4 marking.
Velesto near TP 0.48, next TP 0.56

Earnings visibility. We are positive on the contract secured as it cements Velesto’s rig utilisation and earnings visibility for FY20 onwards. Note that Velesto has achieved 70% rig utilisation in 1H19 and is targeting to hit 80% this year. We expect FY20 should better than FY19’s utilisation rates due to less incidences of SPS activity in FY20 (which takes c. 6 weeks per rig). This award essentially sets in motion the first of the major rig renewal contracts for Velesto. Note that Naga 4 & Naga 7 will come up for renewal throughout 2020. NAGA 8 is a premium independent-leg cantilever jack-up rig that has a drilling depth capability of 30,000 feet and has a rated operating water depth of 400 feet.

Velesto Energy has received a Letter of Award from Carigali Hess, for the Provision of a Jack Up Drilling Rig for their 2020 drilling programme. Velesto has assigned Naga 8 for the job. The contract value for the firm period of 3 years amounts to USD131m with an extension of c.18 months. Work is expected to commence by 2H20. Post earnings revision and the new benchmark in day rates, we are upgrading our call to a BUY (from Hold) with a higher TP of RM0.46 based on 1.3x FY20 P/B multiple or +1SD above its 5 year mean P/B (from 0.9x FY19 P/B). Velesto remains an excellent proxy to recovering of oil prices and an uptick in upstream exploration and production activities.

clp72 guess everyone left Uzma and playing in Alam now... lol
21/11/2019 10:09 AM

Clp72 : Your guess are very correct.
Alam is a good buy now, still very cheap. at 0.145 today.

Soon Alam will cross 0.2, and price will then shot up very high.
Alam Near TP0.215, Next TP 0.3

yongch :Besides recently negative impact,The main reason why price keeping down all bcoz one overseas BIG players proposed tf interested bought over but he need lower the price below 0.12,leave it or take it!!!
TF got no choice but slowly bring down price,tp0.12!!!
20/11/2019 4:09 PM

Thanks yongch, for sharing...

All AAX investors, at 0.155, you will not want to wait till AAX 0.12, then only run right ?
Run now, and change AAX to Alam...
Both are A, and Alam will give you A result, just like Armada gives us, an "A" result..

As always choice is yours, to believe or not to believe is always your call.
To get rich or to get riches is always your call too.

Cheers Alam.
Alam Near TP0.215, Next TP 0.3

Bornwinner : I agree with you .
Bornwinner Many are trapped for many years. The longer we wait the lower price is going to be
20/11/2019 7:50 PM

AAX has been going down hill..Many AAX investors has been trapped for years at AAX. The longer we wait for AAX, the lower AAX price going downwards.

I have sold my AAX today, and trade that for Alam.
I sold my AAX at 0.155, and buy Alam for 0.145

With the changing of money from AAX to Alam, these will give me a chance to recover back some of my money from AAX.

At least, AAX is a sunset industry and a money dripping counter. But Alam at least is a growth company, and still have lots of room to grow and potential to get back our hard earn money.

Cheers Alam...go go go
Alam Near TP0.215, Next TP 0.3

Alam as of now 11AM, stand at 106,555,200 Volume.
Alam is Top no 1 in terms of volume for the ranking of Top 30 Volume.

Always remember, when people sell, there must be people buying..
106,555,200 Volume has been changing hands,
Why ? Contra players/ Players no holding power has been selling, and serious investors like us has been buying more and more Alam, that why you are seeing a huge volume Top no 1 in terms of volume today for Alam.

I will only buy share that has the surging momentum, meaning shares that has a lot of volume as well as share price keeps on going up.

I have increase my Alam today at 0.145, as Alam have cross the 1.15 marking. Each marking and each mid marking, i will top up / buy more Alam.
These way, my exposure to risk is minimized, and my gain will be tremendously huge gain.

Alam Near TP0.215, Next TP 0.30

Reason Number 4 to buy Alam :-
(4) Net asset 43 sen. It’s nothing to lose

Net asset as high as 43 sen. Total borrowings RM120 million and cash in hand RM30 million. Cash position not too good and also not too bad, at least better than Armada and Sapura, and Barakah and Icon.

With these, 4 top number reasons to buy Alam as shared by
Author: Bubur Cha-Cha | Latest post: Mon, 16 Sep 2019, 8:22 AM

The 4 reasons has proven correct as the author share this on Sept 16, 2019, and today Alam price has up to 0.15.

OTB ( Mr Ooi Teik Bee) : Thank you. I have always lots and tons of confidence in OTB.

Congrats to all those who buy in Jaks at 1.32 yesterday.
Today, Jaks goes up 1.39.

Jaks volume as of now 6.7Million. This shows Jaks investors has a lot of confidence in Jaks.
I will only buy share that has the surging momentum, meaning shares that has a lot of volume as well as share price keeps on going up.

I have buy Jaks today at 1.38, as Jaks will cross 1.4 marking very soon. Each marking and each mid marking, i will top up / buy more Jaks...


Jaks near TP 1.85, next TP 2.25, Next next TP3

Four simple reasons why Alam Maritim can hit 20 sen

Reason Number 3 :-
3) Oil & Gas rally

Oil prices have jumped more than 10% after a coordinated drone attack hit the heart of Saudi Arabia’s oil industry forcing the kingdom to cut its oil output in half, nearly 50%. It’s very serious and I believe that oil prices won’t recover easily in the near term. This has provided the great opportunity to us to invest in oil & gas counters, especially the undervalued one.
Although Saudi has come up and say, although the drone attack will not cause them much damage, logically if we think , should have an impact...

Petronas will be pumping more oils.... in view of the election round the corner...

Four simple reasons why Alam Maritim can hit 20 sen

Reason Number 2 :-
2) Low downside risk and huge potential upside

Alam Maritim has ranged from 8.5 sen to 9.5 sen within 4 weeks range. For 52 weeks range, it has ranged from 6 sen to 16 sen. Now we can see majority gas & gas counters are trading at one-year-high. But Alam Maritim and its warrants still in hibernation mode.

But today, Alam has surged/goes up from 0.125 to 0.15
Alam engines have started , and this momentum will keep on going up beyong 0.2

Four simple reasons why Alam Maritim can hit 20 sen

Reason Number 1 :-
1) Good Prospect

RM1 billion order book in hand. And it’s expecting 30% from its order book to be recognised this year. The first and the second quarter had been recorded revenue of RM27.6 mil and RM66.4 mil respectively. If everything goes well, the third and the forth quarter should can achieve RM100 mil per single quarter.

People are abandon KNM ship....
Dont know why
Stay safe everyone...

Uzma and Jaks today, contra players flush out, and get in serious investors.

Congrats to those who manage to get in Uzma at 0.97.
Congrats to those who manage to get in Jaks at 1.33.

Once the quarter result release around Nov 29, another wave of up price again.
Cheers Uzma and Jaks..

Uzma : Near TP1.45, next TP 2.5
Jaks : Near TP 1.85, next TP 2.25, Next next TP3

Nov 12, 2019 : Jaks at 1.15
That point of time, Jaks near TP 1.32, next TP 1.85, Next next TP3

Nov 19, 2019 : Jaks up to 1.42 (TP1.32 already go beyond).

Today, Nov 20, 2019 : 1.38 to 1.34 now...
Healthy price correction has been set, and been flush out all those contra players, and non serious investors.

1.34 now, is a good price for serious investors to get in Jaks now.
This is a good price to get in today.

Why?
Jaks quarter to be release result around Nov29, expected to be good increase of net profit.
This is a sure win !
Go and check out Jaks financial statement , and you will know why Jaks coming to be release quarter result will be sure to increase its net profit !!

Jaks near TP 1.85, next TP 2.25, Next next TP3

kpin913 : Wait a while first.
The price correction still in progress, as yesterday many of those who buy in at high price of 0.095/0.09 might throw tomorrow, if they have no holding power.

Only those who have holding power will keep on holding.

Once the price correction stabilized, then we will go in and add more AT to our portfolio.
in the mean time, cheers all AT'ians, and keep safe, and keep rich.

Upsidedown119 : Yes, you are right.

Upsidedown, if you have shares in Uzma, hope Uzma goes up then, and I hope you will be rich or richer.

This coming to be release qtr result Uzma will be doing good.
Cheers Uzma, and cheers upsidedown...
Stay safe Upsidedown, and keep our hard earn money working harder for us.

Quoted from Mr Ooi Teck Bee :-

OTB Using the closing price to count, major resistance for Uzma is 1.07.
This 1.07 is also the pivot line of Cup And Handle chart formation.
Once 1.07 can cross convincingly, the share price of Uzma will shoot up very high.
Market rumour is all oil and gas maintenance players will do very well in this incoming quarter result.
I also believe quarter result of Uzma will be good.
The share price of Carimin had moved up, no reason Uzma cannot follow.
Just wait patiently to win big if the share price of Uzma can cross 1.07 convincingly today.
Thank you.
08/11/2019 3:37 PM

Quoted from Mr Ooi Teck Bee :-
06/11/2019 7:49 PM

OTB The project was completed in July 2017.
Over payment was already accounted for 2017/2018 financial results.
There will not be any loss in future quarter result.
Hence this over payment is already discounted.
If the court case is positive, any claim back is an extraordinary gain.
I do not see any loss will appear in future earning, I can only see the gain if the over payment can claim back.

Thank you.
06/11/2019 8:03 PM

Upsidedown 119 :-
Answer to your questions :-

Pls bear in mind that Uzma is a public listed company, and subject to audit. Below is their auditors as reflected in their 2018 Annual Report.

Crowe Malaysia
Firm No: AF 1018
Chartered Accountants

Chin Kit Seong
Approval No: 03030/01/2019 J
Chartered Accountant

Crowe Malaysia is a reputable audit company, and a reputable auditors.

Uzma : 4 Quarters profit has been on increasing trend.
This coming Quarters, Uzma is set to increase its profit again, due to release around Nov 29.

Operators has been pressing Uzma down to 0.965 today, in order to buy in cheap, and then will start the next wave of up trend.

Now Uzma is on the next wave up, going up to 0.99.
Very soon will hit 1, and then will hit 1.2 ++

As always, choice is always yours, to believe or not to believe, to get rich or to get richer.
Cheers Uzma

Uzma :Upgrade to MARKET PERFORM, given its improving outlook on the back of: (i) normalised earnings levels expected moving forward, and (ii) beneficiary of increased local brownfield oil and gas activities, translating to potential contract wins. Post-relook, we raised our FY20E/FY21E CNP by 56%/18%, accounting for higher job executions. Meanwhile, our TP is also raised to RM1.05 (from RM0.61 previously), after pegging higher valuations of 0.6x PBV on FY20E, implying 10x forward PER (from previous valuation of 0.4x PBV at “floor” of -1.5SD from its mean).

Uzma Berhad - Earnings Set to Improve in FY20

Those who are worry about Uzma Legal Action, need to understand this :-

UZMA is suing two subcontractors to recover overpayments on the Kinabalu construction project. Overall, we are neutral as related expenses from the dispute has already been incurred in FY19A, and hence, earnings impact (if any) can only be positive should the court rule in favour of UZMA. Meanwhile, outlook for the company is also expected to improve, bouncing back from an underwhelming FY19. Upgrade to MP with TP of RM1.05.

Uzma sues to recover monies. Earlier, UZMA announced that it is taking legal action against South Korea’s Khan Co Ltd and Kong Offshore Malaysia who were UZMA’s subcontractors for the KNPG-B Topside Ph II, Kinabalu Non-Associated Gas (NAG) Development project. Disputes arose when the companies under-delivered their subcontracted works, resulting in UZMA having to take over the said project execution. UZMA is seeking to claim a total sum of RM63.14m plus interests comprising of rectification and additional costs to complete the project, as well as all sums found to be overpaid by UZMA.

Neutral on the impact. Overall, we are neutral on the news, as projectrelated expenses linked to the disputes have already been incurred in FY18-19A (i.e. no additional negative earnings impact moving forward), with the project already at 99% completion currently. As such, earnings impact (if any) can only be positive should the court rule in favour of UZMA. For illustration purposes, the aforementioned sum of RM63.14m (excluding interests) represents an upside of >100% on our FY20E numbers.

Uzma at 0.975 now is a good bargain/cheap price to buy before quarter result out Nov 26.
Operators/sharks are pressing Uzma price down now, so that the operators/sharks can buy cheap.
Once operators/sharks collected, then the next wave of Uzma will up in trend with the increase of net profit (Nov26).

As usual choice is yours, Uzma is a good buy now at 0.975.
Near TP1.45, next TP 2.5

24 Oct 2019 Acquired
1,000,000 EMPLOYEES PROVIDENT FUND BOARD
09 Oct 2019 Acquired
5,300 EMPLOYEES PROVIDENT FUND BOARD
08 Oct 2019 Acquired
300,000 EMPLOYEES PROVIDENT FUND BOARD
07 Oct 2019 Acquired
300,000 EMPLOYEES PROVIDENT FUND BOARD

EPF acquired/bought a lot of Uzma
EPF always have up to date, internal news, in order to support a good dividend payout.
EPF acquired ahead of this coming Nov 26, 2019 quarter result to be released, Uzma net profit is expected to increase higher.

AT : Less volume today. only 885K, very little volume as of now
At yesterday a high of 0.095, this morning drop to 0.08.

Why ? Lots of contra players throw/ lots of traders throw - to get some profit
Those who buy in at 0.04/0.045, also reap some profits...

This is a healthy price correction, most shares when up a new high, will have some price corrections.

Those holding AT with holding power, you only need to keep on holding, and add more, buy upon dip.

Those waiting to enter AT, wait for the price correction to subside, then buy AT, and hold until the next wave of up.

Cheers, AT.

More to come, Muiprop will cross 0.2 soon.
Good news coming soon....

That's why today 3.6 Million transactions with Muiprop hitting a high of 0.185

Muiprop slowly going up today 0.185

The last day to buy Dayang right issue is Nov 21.

Dayang today from 1.89 shot up to 1.98 now...
Why very simple...
More people wanting to buy Dayang now before Nov 21
Why more people buy Dayang now ?

If you have 10 shares you will be given 1 right to buy 1 share at 92 sen
Many people wanting to own Dayang share now, as 1 right is just 0.92 versus 1.98 now.

Petronas will continue to pump oil because Petronas has already paid for the oil rigs. The cost for just pumping is very small in comparison with the open market oil prices. Dayang, being the biggest oil rig maintenance contractor will be given more contracts. As a result, Dayang will have very good profit growth prospect which will push the price higher and higher.

With election round the corner, the mechanism to election will be running soon, to be early prepare, Petronas will need to pump more oil.
Dayang will stand to benefit from Petronas, and this will be reflected in Dayang Financial statements...

As usual choice is yours,... if you believe in Dayang, believe in Petronas, then hurry buy
Each 10 shares of Dayang will give you 1 right of Dayang at 0.92.

A very good and cheap bargain of Dayang...
Buy now, before Dayang shot higher and higher today.

Contra players/ or people with no holding power are throwing AT now at 0.08.

Those who has holding power , hold AT and dont sell, as AT has potential to go higher and higher

Those waiting to enter and buy AT, wait a while, till flush out those contra players/ or those without holding power
Wait a while before you buy AT.

Buy on dip... and be patience and sell high high...

Choice is always yours, as usual....

Velesto - Have patience in Velesto
No hurry, as velesto has lots and lots of projects on hand..

THis is a good time to collect more Velesto at 0.385, is real cheap..
Once Velesto cross the marking of 0.5, there will be no more return to this cheap bargain price

Congrats to all who believe in AT...
Cheers to all our winnings !!
Noob Investor, Michael - Thanks to our patience and believing in AT...

Another new high for AT 0.095

Another new high for AT0.09

Congrats to those who bought AT at 0.075, AT now shot to 0.085.

Buying more AT at 0.075

Mabel, I also believe in your Flying Dutchman.
I just bought KNM today at 0.43, KNM at this price is very cheap.

Those who have the funds, top up / buy KNM,
KNM has a golden egg - Borigsss... a German subsidiary which has a lot of projects on hand.
Buy into dips of KNM, and earn bucketfull of KNM

i just bought more Velesto at 0.385.
Cheers Velesto

KNM at 0.44 - this is a good buy, as contra players sell, and investors buy
11 million transactions changing hands today

Congrats to all who bought in at 0.445

KNM subsidiary Borsig is a German company located in Berlin.

KNM coming qtr to be released, expected a good increase profit....

BORSIG GmbH signs contract for sale of BORSIG ZM Compression GmbH.
Berlin, August 2019.
BORSIG GmbH signed a purchase contract on 27.08.2019 for the sale of its subsidiary BORSIG ZM Compression GmbH ("BZM"). Buyer is an INGC Group company Iskra-Neftegaz Compressor Limited Liability Company, "INGC", Russian Federation. The purchase contract is to be completed later this year.

Since 2004 the company BZM in Meerane has been part of the BORSIG Group, headquartered in Berlin. During this time, the company has developed into a globally active specialist supplier for reciprocating and integrally geared centrifugal compressors. INGC is active, inter alia, in the compressor business on the Russian market. The sale to INGC will provide BZM with targeted access to the important market in Russia and the CIS. This also includes the possibility to carry out individual production steps, such as final assembly, locally, which is more and more a prerequisite for successful market access. This is intended to secure and expand BZM's business in the long term. The sale is also part of BORSIG´s strategy of further expanding its longstanding successful core business units and its product portfolio through targeted new developments and acquisitions in other future-oriented areas

KNM subsidiary Borsig

BORSIG
WORLD-LEADING PROCESS TECHNOLOGY MADE IN GERMANY
BORSIG has been satisfying customers all over the world with pressure vessels, heat exchangers, process gas compressors, trend-setting membrane technology and innovative services from a single source for over 180 years.

Our products are used in plants of all leading companies of the chemical and petrochemical industry, oil and gas industry and energy production. BORSIG stands for leading technologies made in Germany, for the highest quality, reliability, state-of-the-art production methods and innovation.

Every day, highly qualified teams of engineers, technicians, production and service staff set themselves the goal of developing, manufacturing only the best systems and machines and installing them at their final destination. This is the reason why BORSIG products perform uncompromisingly well on site. They are efficient, reliable and an investment in the future even under the most demanding conditions.

Muiprop is anticipated this coming Nov21 to be released qtr result, profit to increase.
Buy now, once the result out, Muiprop will go higher.
Muiprop at 0.18, a very good price to buy

MuiProp near TP 0.25, next TP 0.38

MUI Properties said its wholly-owned investment firm Cesuco Trading Ltd will be converting an A$1.5mil secured convertible note in an Australian gold exploration company into ordinary shares.

This will result in Cesuco holding 40.73% of the enlarged share capital of Nex Metals Explorations Ltd, a Perth-based company that is listed on the Australian Securities Exchange;


Read more at https://www.thestar.com.my/business/business-news/2019/11/13/trading-ideas-sime-darby-london-biscuits-uem-sunrise-mui-properties#hMi1DTo0UKrygcei.99

Salute : 4 weeks range : 0.795-0.985
Salute : 1 Year range : 0.278 -0.985
Salute : IPO price : 0.80

Those who buy Salute when there was a huge price correction/drop to 0.30 from its IPO price at 0.8, have a good foresight, and able to buy into a good growth stock.
This is similar like AT now at 0.07 - AT is an automation company, next year, automation will rebound, those who buy into AT now at 0.07, have good foresight too.

Those who buy Salute at 0.90 ++ , believing that Salute will shot beyond 1, clearly has been disappointed. Why ? Why , Salute can't goes up above 1 this Quarter ? very simple, due to a lot of contra players / new investors/ existing investors are all worry that this coming Qtr to be release result on Nov 26 time frame, might NOT be good.

Salute is a good growth company, but this coming Nov 26 result, the financial results might not captured the new orders that has been received from Customer A.

Buy into weakness of Salute, but not buy into a high of Salute...
That's what make a good investors.

Those who have holding power, pls hold Salute
Those wanting to enter Salute, wait for the Nov 26 results, before you decide.
After all our hard earn money, we really need to stay safe.

Stay safe everyone in your journey to financial freedom.

Buying into AT now at 0.07., is like buying into KNM one year ago, as KNM one year ago also at 0.07. Today KNM is at RM0.45 with higher growth rate to go .

Choice is always yours, if you believe in AT, buy now, and hold, one year from now, AT will be higher than KNM.

Salute Qtr report will be out soon around the time frame of Nov 26.
The Qtr report might not capture the Customer A 's order , as the turn around production time, might not yet reflect in this coming Qtr.

No one knows for sure, will this be reflected in this coming Nov 26 soon to be release result or not.
What if , the results has not been reflected and the Qtr captured still loss or just a little bit increase in net profit ??

Then of course, most Salutians will be left holding a high price stocks especially if you enter and buy now.

But then, of course, if this coming Qtr produce an extremely good result although customer A order are not reflected in, then, Salute share will rise high.

This is like gambling as no one knows for sure, only the top management and the Finance people of Salute knows.

The choice is yours , to enter now, or to sell now, or to wait first, and no need wait, straight away buy in now...

I salute your choice, as it is a very difficult choice to make.
Most of the people would not gamble away our hard earn money.
Salute to all Salutians....

Penta Qtr result already out, not much news now.
Wait awhile everyone
Take note of GooShen advice .
What he say make sense too.
It just that for some of us still holding on to Penta, this is too much to read on GooShen advice.

Fact is fact, whether you like it or not.
Today, Penta not much volume and the price is stagnant for Penta 4.6.

Everyone is worry, would Penta drop below 4 ?
To sell or not to sell now ?

If you hold Penta at 0.9 last time, then of course dont sell.
If you buy Penta at 4.73 this month, you be wondering to cut loss or not... if you dont have holding power, what to do, cut loss, if you have holding power, stay on.. and see how.

If you buy Penta at 4.39 last month, you might want to consider taking profit first, and then wait to buy back Penta at a lower price.

The choice is all yours to make...

Velesto this coming Qtr target to be turning great, and black,
With that Velesto price will sure goes up high, as velesto has lots of contracts, and the contracts cames with two one year extensions each... these easily goes up till 2022