With all the bad news, ALAM still holding very well between 0.46 - 0.47.
Good support.

Oil production from the Organization of the Petroleum Exporting Countries fell by 120,000 barrels per day in October from a month earlier, to 31.08 million barrels per day, according to a Platts survey of OPEC and oil industry officials and analysts released Monday. Platts attributed the decline to output cuts in Saudi Arabia and Iraq. "OPEC output has now dropped over three consecutive months

Oil production from the Organization of the Petroleum Exporting Countries fell by 120,000 barrels per day in October from a month earlier, to 31.08 million barrels per day, according to a Platts survey of OPEC and oil industry officials and analysts released Monday. Platts attributed the decline to output cuts in Saudi Arabia and Iraq. "OPEC output has now dropped over three consecutive months

http://www.marketwatch.com/story/opec-oil-production-falls-for-a-3rd-straight-month-platts-2015-11-16

Oil production from the Organization of the Petroleum Exporting Countries fell by 120,000 barrels per day in October from a month earlier, to 31.08 million barrels per day, according to a Platts survey of OPEC and oil industry officials and analysts released Monday. Platts attributed the decline to output cuts in Saudi Arabia and Iraq. "OPEC output has now dropped over three consecutive months

http://www.marketwatch.com/story/opec-oil-production-falls-for-a-3rd-straight-month-platts-2015-11-16

Oil price cannot be always so low......time will come.
U don't know when there will be another WAR in middle east....US and Russia they are in control.

I am still accumulating....thanks you for selling to me......I can wait for the time to come since I've been in stock market for more than 35 years.

Losses keep on selling.
Winner keep on buying at low price.

sleepybryan and 5c0160......If u all still have ALAM shares, please sell all your share since u don't have confident with ALAM.

vinvin.....keep it up. We will hold for long term.

sleepybryan and 5c0160......do u still all have ALAM shares ?

Added some today 0.49

why there are always some coward always want to throw down before close ?
COWARD

http://www.theedgemarkets.com/my/article/sapurakencana-secures-fdp-approval-b15-gas-field

Maintain market perform with a higher target price of RM2.38: SapuraKencana Petroleum Bhd announced that its wholly-owned subsidiary, SapuraKencana Energy Inc has secured a field development plan (FDP) approval from Petroliam Nasional Bhd (Petronas) for the SK310 B15 gas development project.

http://klse.i3investor.com/servlets/stk/5218.jsp

http://www.insage.com.my/Upload/MediaNews/ALAM/Alam-Sinchew-05112015.pdf

They are not interested with their share price and they don't care about their share holders.
The whole management team should change and get fire.

In future SapuraKencana Petroleum Bhd has it's own gas production field.
First step to be a own oil and Gas giant.
2nd in Malaysia beside Petronas

SKpetro - the making of next Petronas

SapuraKencana Petroleum Bhd (SapKen) is targeting to start commercial gas production from its own field off the coast of Sarawak in late-2017 after having secured the field development plan (FDP) approval from Petroliam Nasional Bhd (Petronas).

http://www.insage.com.my/Upload/MediaNews/ALAM/ALAM-TheStar-04112015.pdf

Next year RM1......hopefully during Chinese new year

When most of the oil stocks up, Waseong down.
That is why I say Waseong Bosses no balls.

Waseong Bosses ......No seed Durian.

Please help to break RM0.50 today.
Then next week fly higher....RM0.60

Those cannot hold mostly sold.
Remaining all strong holder. ALAM later going to fly high.

recently a lot of investors collect at 0.48 & 0.485.
When the right time come, ALAM will fly

a lot of coward selling at 0.48 and 0.485.
If u r the one selling today, look at the mirror and see our own Coward face.

We need very good teamwork and strong team.
Contra player is not welcome.

How many are with me in the ALAM winning team ?

We need to form a team - ALAM winning team.
Encourage more people buy ALAM shares and all hold for long term and don't sell if price below RM1.00. If everyone can cooperate, the we all sure can win.

Rich investors hold for long term and make good profit
Coward investors sell low and chase when price go up.

How to earn BIG money if you can't hold good stock like ALAM.
Oil price could recover in 2016.

Weak oil prices deplete Russia’s sovereign-wealth fund

Russia, US & Saudi in big financial problem now. How long they can survive with such low oil price. Sooner or later they need to push the price up again.

Weak oil prices deplete Russia’s sovereign-wealth fund

Russia, US & Saudi in big financial problem now. How long they can survive with such low oil price. Sooner or later they need to push the price up again.

Weak oil prices deplete Russia’s sovereign-wealth fund

Russia, US & Saudi in big financial problem now. How long they can survive with such low oil price. Sooner or later they need to push the price up again.

Weak oil prices deplete Russia’s sovereign-wealth fund

Russia, US & Saudi in big financial problem now. How long they can survive with such low oil price. Sooner or later they need to push the price up again.

A lot of people never learn, they sell low but buy high.
Now is the time to buy and not selling.

GST relief for O&G sector will boost downstream businesses

GST relief for O&G sector will boost downstream businesses

GST relief for O&G sector will boost downstream businesses

Why sell when you have already hold for so long ?
Next year oil price should be better.

KUALA LUMPUR (Oct 21): Alam Maritim Resources Bhd ( Valuation: 1.10, Fundamental: 1.40) has bagged a RM53.5 million subcontract from Petroliam Nasional Bhd (Petronas).

In a filing with Bursa Malaysia, the company said that its wholly-owned subsidiary Alam Maritim (M) Sdn Bhd had received a letter of award from Petronas Floating LNG 1 (L) Ltd, a wholly-owned subsidiary of Petronas, for a subcontract for the floating liquefied natural gas (FLNG) offshore works of final positioning and mooring system hook-up including flexible riser installation, pre-commissioning and commissioning of pipeline, pipeline end terminal and riser from KAKG to FLNG (Package No 2).

The duration for the subcontract is from June 15, 2015 until April 30, 2016.

"The subcontract is expected to contribute positively to the earnings and net tangible assets of Alam for the financial year ending Dec 31, 2015 and beyond," said the company.

http://www.theedgemarkets.com/my/article/alam-maritim-bags-rm535m-job-petronas

Venezuelan Oil Minister Eulogio del Pino said on Tuesday that eight non-OPEC countries have been invited to an Oct. 21 oil meeting: Azerbaijan, Brazil, Colombia, Kazakhstan, Norway, Mexico, Oman and Russia. The technical meeting of oil experts from the Organization of Petroleum Exporting Countries and non-OPEC countries will be held in Vienna, he told Reuters.

Venezuelan Oil Minister Eulogio del Pino said on Tuesday that eight non-OPEC countries have been invited to an Oct. 21 oil meeting: Azerbaijan, Brazil, Colombia, Kazakhstan, Norway, Mexico, Oman and Russia. The technical meeting of oil experts from the Organization of Petroleum Exporting Countries and non-OPEC countries will be held in Vienna, he told Reuters.

Venezuelan Oil Minister Eulogio del Pino said on Tuesday that eight non-OPEC countries have been invited to an Oct. 21 oil meeting: Azerbaijan, Brazil, Colombia, Kazakhstan, Norway, Mexico, Oman and Russia. The technical meeting of oil experts from the Organization of Petroleum Exporting Countries and non-OPEC countries will be held in Vienna, he told Reuters.

After all the force selling and contra play end, Wednesday ALAM should up again.
I hope Alam can close above RM0.57 this week. Then next week break RM0.60

ICON......a Government link stock

I got so many oil and gas stocks.......this is the worst stock.
Always push the price down and go for share buy back.
The boss never take care of the share holders.
The bosses must be a coward with no balls.