http://www.bursamalaysia.com/market/listed-companies/company-announcements/5088953

EPF still have confident with SKPetro

BMI Research said that production in Asia was also falling: "We anticipate combined crude oil production in the region's largest producers, namely China, India, Malaysia and Indonesia, to fall by 4.9% in 2016 (equivalent to 331,500 bpd) as low oil prices and upstream spending cuts weigh on overall output."

Adding Canada's disruptions to declines in Latin America and Africa, overall output has likely fallen by over 2 million bpd this year.

Adding Canada's disruptions to declines in Latin America and Africa, overall output has likely fallen by over 2 million bpd this year.

BMI Research said that production in Asia was also falling: "We anticipate combined crude oil production in the region's largest producers, namely China, India, Malaysia and Indonesia, to fall by 4.9% in 2016 (equivalent to 331,500 bpd) as low oil prices and upstream spending cuts weigh on overall output."
10/05/2016 13:20

Adding Canada's disruptions to declines in Latin America and Africa, overall output has likely fallen by over 2 million bpd this year.

BMI Research said that production in Asia was also falling: "We anticipate combined crude oil production in the region's largest producers, namely China, India, Malaysia and Indonesia, to fall by 4.9% in 2016 (equivalent to 331,500 bpd) as low oil prices and upstream spending cuts weigh on overall output."
10/05/2016 13:20

Adding Canada's disruptions to declines in Latin America and Africa, overall output has likely fallen by over 2 million bpd this year.

BMI Research said that production in Asia was also falling: "We anticipate combined crude oil production in the region's largest producers, namely China, India, Malaysia and Indonesia, to fall by 4.9% in 2016 (equivalent to 331,500 bpd) as low oil prices and upstream spending cuts weigh on overall output."

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5084173

EPF bought 51,161,500 SKPetro shares on 28th April 2016.

Today bought some at 0.36.

ssboy.......please sell all your ALAM to me..
Jolin........I think oil price could hit US$60, Protronas re activate some projects and I'll be happy if ALAM can hit $1.00 this year.

Oil price may hit US$60 by end of the year.
Next year may hit US$80. Is you sell now, you will cry next year.

Why there are still a a lot of stupid people selling ALAM shares.

Employees Provident Fund, Lembaga Tabung Haji and Great Eastern Holdings Ltd were the main local institutions that participated in the SapKen stake sale.

This should be a good news because all of them are long term investors.

PETALING JAYA: Local institutional funds took up most of the shares in the sale of an 8.2% block of SapuraKencana Petroleum Bhd (SapKen) shares by Norway-based Seadrill Ltd, indicating a decent appetite for oil and gas firms despite the weak market.

The Employees Provident Fund, Lembaga Tabung Haji and Great Eastern Holdings Ltd were the main local institutions that participated in the SapKen stake sale, sources said. Local institutions took up around 60% of the shares on sale, with the balance acquired by foreign funds, including some hedge funds.

To recap, a book-building process of the 8.2% block of SapKen shares at a price range of RM1.56 to RM1.66 apiece began after the market closed on Wednesday evening. By late that night, the process ended with the price being fixed at RM1.58 apiece. Morgan Stanley and Malayan Banking Bhd had acted as co-book runners for the deal.

http://www.thestar.com.my/business/business-news/2016/04/29/local-funds-mop-up-sapken/

Don't sell..... Don't wait...... Buy now. Cheap Cheap.

When oil price hit US$50. Petronas will start some of the old projects and open tender.
Then all oil stocks will fly high.

When oil price hit US$50. Petronas will re active some projects and start open tender.
Then oil stocks will fly high.
Now is the time to buy.

ICON share buy back soon.

Could rebound very soon after news over.

I hope today EPF bought a lot.....it is our blood money.

A lot of day trader....so the volume does not tell the truth story.

Alam recently daily trading volume very high. Still under collections mode.
Once investors have collected enough, then will only move north.

Seadrill is selling.....EPF and Malaysia pension fund is buying.....so is just changing hand only.
Company still the same.

Already stunt.
Today is the force selling day. Day trader and contra player going to die.
Afternoon or maybe tomorrow should recover.

Jolin.....GUARANTEE TP 80 cents ?....sure ?...I hope so.
I will keep until next year.

Hopefully in future no more impairment since oil price above $43.

Alam cannot play contra......contra player sure die.
Must pick up.

http://www.cnbc.com/2016/04/21/oil-at-85-by-the-end-of-the-year-rothman.html

http://www.cnbc.com/2016/04/21/oil-at-85-by-the-end-of-the-year-rothman.html

http://www.cnbc.com/2016/04/21/oil-at-85-by-the-end-of-the-year-rothman.html

1.80 change hand and play another round.....to 1.90

Bought a lot 0.36.....still holding.
No plan to sell until next year.

After ESOS Ex-date, they will push Alam share up so that they could make more profit.
But then they still can't sell after certain period.

Why Doha no-deal is actually great for oil prices.

http://www.cnbc.com/2016/04/18/why-doha-no-deal-is-actually-great-for-oil-prices.html

Why Doha no-deal is actually great for oil prices.

http://www.cnbc.com/2016/04/18/why-doha-no-deal-is-actually-great-for-oil-prices.html

Why Doha no-deal is actually great for oil prices.

http://www.cnbc.com/2016/04/18/why-doha-no-deal-is-actually-great-for-oil-prices.html

Esos is based on 10% discount from 5 trading days before cut off.
ALAM will have more cash in hand after ESOS.

EPF continue buying SKPetro

U.S. oil closed at 2016 highs on Tuesday after a report that top producers Russia and Saudi Arabia have agreed to freeze output ahead of a much-anticipated producers meeting on Sunday.
The output freeze news came as the U.S. government said that U.S. crude output was forecast to fall by 560,000 barrels per day

U.S. oil closed at 2016 highs on Tuesday after a report that top producers Russia and Saudi Arabia have agreed to freeze output ahead of a much-anticipated producers meeting on Sunday.
The output freeze news came as the U.S. government said that U.S. crude output was forecast to fall by 560,000 barrels per day

U.S. oil closed at 2016 highs on Tuesday after a report that top producers Russia and Saudi Arabia have agreed to freeze output ahead of a much-anticipated producers meeting on Sunday.
The output freeze news came as the U.S. government said that U.S. crude output was forecast to fall by 560,000 barrels per day

Oil to rise in next two years: Morningstar

http://www.cnbc.com/2016/04/11/oil-prices-dip-but-hold-above-40-ahead-of-producer-meeting.html

http://www.cnbc.com/2016/04/11/oil-analyst-why-crude-could-double-in-2016.html

http://www.cnbc.com/2016/04/11/oil-analyst-why-crude-could-double-in-2016.html

http://www.cnbc.com/2016/04/11/oil-analyst-why-crude-could-double-in-2016.html

When a share hit rock bottom & the company still with good NTA and a lot of cash in hand.
Then we should buy and keep for long term.
Petronas still need company like ALAM and ICON to support them even oil price is low.