Posted by keringkontang > 2012-10-31 15:34 | Report Abuse

kembali hijau....go go go!!!

Posted by Vincent_737 > 2012-10-31 16:47 | Report Abuse

enjin start going to RM.80

Posted by Vincent_737 > 2012-11-01 22:53 | Report Abuse

Go go Go 0.85

Posted by chinwei86 > 2012-11-01 23:41 | Report Abuse

today stay stagnant only...

Posted by excelyou > 2012-11-02 01:12 | Report Abuse

Next stage of growth – pipelay market. Alam’s
partnership with Swiber allows the company to address
execution risk by leveraging on Swiber’s expertise as EPCIC
contractor to bid for contracts, as well as jointly share the
capital outlay of the barge to effectively manage its gearing
level. We believe this move is a step in the right direction to
move up the value chain, having already established itself in
the near-saturated 5,000bhp AHTS market

Posted by excelyou > 2012-11-02 01:14 | Report Abuse

A market underserved by local players. Historically, the pipelaying market is largely dominated by international players,
such as McDermott and Saipem, as they are usually the ones
with the capacity to own the asset (barge). However, such
landscape has changed in recent years as local oil and gas
players have since grown under the stewardship of Petronas.
To date, there are 4 local pipelay barge owners in the market
– SapuraCrest Petroleum, Perisai Petroleum, Sigur Ros Sdn
Bhd, and PBJV Group Sdn Bhd – with others like Sime Darby
Marine Sdn Bhd and Master Offshore Sdn Bhd expected to
join in the fray. There are only a handful of local barges
operating in the country currently. Alam’s new
barge would benefit from the low local participation.

Posted by sontoloyo > 2012-11-02 01:37 | Report Abuse

Mr Excel, noted on the exciting pipelay market is big in dollar sense but can we safely say that it is also already overcrowded? From what has been announced by the big players like Sapura etc, the contract will be given on long term basis. So, if one of the players got the contract, the rest will "gigit jari" and stuck with expensive asset.

Posted by excelyou > 2012-11-02 10:11 | Report Abuse

Normally Petronas award a project, assume 230km pipe to few players. If one player, the pipelaying will took many years to finish. When the last 5km pipe finish completed, the first 25km pipe might need replacement already.

Posted by チャン チェンチン > 2012-11-02 10:13 | Report Abuse

still can buy in?

Posted by chimera > 2012-11-02 12:50 | Report Abuse

sold@0.75 today. Now time to wait before buy again...

Posted by excelyou > 2012-11-02 13:14 | Report Abuse

SapuraKencana’s double orders on yesterday could signal the start of exciting contract flows for the O&G sector, especially in the FPSO segment which has been going through a dry spell this year.

Posted by chinwei86 > 2012-11-02 17:19 | Report Abuse

hope that alam also will up up

Posted by nath77 > 2012-11-03 11:22 | Report Abuse

Expected a news this weekend but not there. Normally Alam acts after a news is out. So wait fot it and there will be ample time to go in.

Posted by excelyou > 2012-11-03 18:18 | Report Abuse

Indicators
1) Trendline - Broke above the Uptrendline (Bullish)
2) Support/Resistance - Formed higher high (Bullish)
3) MACD -3G4R (Bearish) . Waiting for 4R1G for a bullish signal
4) RSI - Overbought region and declining towards 70% (Bearish) .Bearish signal getting stronger

a) More Bullish- it rebound from 70% and incline again
b) More Bearish- If break below 80%

5) STO - Bearish Crossover and and declining toward 80%(Bearish).
6) Ichimoku - a) Above support cloud (Bullish).
b) Conversion line above the base line (Bullish).
c) Price above the baseline ( Bullish)
7) Candlestick - Shooting Star Formed at the resistance of 0.73. ( Bearish).

Posted by Hustle > 2012-11-05 14:39 | Report Abuse

What is the summary?

Posted by excelyou > 2012-11-05 18:34 | Report Abuse

Alam Maritim as received a letter of award from
Carigali Hess Co for the provision of an anchor-handling tug supply vessel.

The RM21.28 million contract will be for a firm period of 21 months with no specific provision for extension option.

The contract is expected to positively contribute to the earnings and net assets of the group for the financial year ending Dec 31, 2013.



Read more: Alam Maritim bags RM21.28m Carigali contract http://www.btimes.com.my/Current_News/BTIMES/articles/20121105182327/Article/index_html#ixzz2BLKTGTIJ

Posted by チャン チェンチン > 2012-11-05 19:02 | Report Abuse

gud news, thank excelyou

Posted by excelyou > 2012-11-05 22:05 | Report Abuse

Bullish Trend

Posted by excelyou > 2012-11-05 22:07 | Report Abuse

Expect stronger YoY results in 3Q12. Expect Alam to deliver a steady net profit of MYR14m-16m in 3Q12 (2Q12: MYR16m; 3Q11: MYR13m). OSV operations are likely to anchor group earnings, underpinned by steady vessel utilisation and charter rates, as offshore drilling campaigns step up. However, the stronger OSV earnings are likely to be offset by pretax losses at its underwater services division (- MYR2-4m) due to insufficient job wins to cover overheads. Meanwhile, its offshore installation & commissioning (OIC) 51:49 JV with Swiber will bring in MYR2m-3m in associate profits.

Posted by Erica > 2012-11-06 08:49 | Report Abuse

Good News...
Go..Go..Up..UP

Posted by chinwei86 > 2012-11-06 09:25 | Report Abuse

yeah...go up.

Posted by hema > 2012-11-06 09:52 | Report Abuse

can still go in at o.72?

Posted by chunyue8220 > 2012-11-06 12:41 | Report Abuse

yes...buy buy buy...

Posted by chunyue8220 > 2012-11-06 12:42 | Report Abuse

TP 0.88

Posted by excelyou > 2012-11-06 15:13 | Report Abuse

Maintain BUY. All in, we are positive on Alam’s OSV division, which we expect to bag a few more contracts in the near term. We thereby reiterate our BUY recommendation on Alam and value the stock at RM1.25, pegged to 12x FY13 EPS. Our fair value implies a return of 76.1%. Key downside risks include: i) the failure to secure new contracts for its subsea and OIC businesses, and ii) intense competition in the OSV segment causing charter rates to dwindle. OSK

Posted by excelyou > 2012-11-06 15:20 | Report Abuse

ALAM is expected to release its 9M12 results in mid-Nov with a flattish QoQ net income growth at c.RM15m for 3Q12. Yesterday, ALAM continued to show its ability to secure contracts as it bagged a new RM22m AHTS contract. Nonetheless, we have trimmed FY12E earnings by 7% due to an expected lower margin from SOGT and a loss of RM1m-RM3m from its Subsea division in 3Q12. We have also cut FY13-FY14 EPS by 15%-20% after the company lost a contract to SKPETRO last week. As a result, our new price target is now RM0.92/share, based on an unchanged CY13 PER of 10x. Even then, this implies a potential upside of 28% from its current price. As such, we remain positive on ALAM and continue to rate it as an OUTPERFORM. Kenanga

Posted by excelyou > 2012-11-07 12:44 | Report Abuse

Barack Obama elected 44th president of US. Equity shall rise. Asian market rise.

Posted by Karim Seman > 2012-11-08 16:56 | Report Abuse

good news must go up..

Posted by Anua Bin Ahmad Rosdi > 2012-11-08 17:22 | Report Abuse

i miss u today but tomorrow i will get u.

Posted by excelyou > 2012-11-08 17:38 | Report Abuse

Good result coming out soon.

Posted by Hong2 > 2012-11-08 19:26 | Report Abuse

Excelyou, what's the TP? Thanks...

Posted by excelyou > 2012-11-08 19:45 | Report Abuse

Short term TP RM0.80

Posted by excelyou > 2012-11-08 19:45 | Report Abuse

Long term RM1.13

Posted by ahhmadd76 > 2012-11-09 15:20 | Report Abuse

result keluar maybe minggu ketiga.rasanya minggu depanbaru boleh beli. sekarang dah oversold...

Posted by pirate99 > 2012-11-09 15:28 | Report Abuse

sudden drop... red alam..

Posted by rogerlim > 2012-11-09 15:30 | Report Abuse

what happen to alam?? already drop 0.035 so far

Posted by pirate99 > 2012-11-09 15:40 | Report Abuse

Run forrest run..

Posted by rogerlim > 2012-11-09 15:44 | Report Abuse

is the profit taking activity going on right nw????

Posted by weechin53 > 2012-11-09 15:48 | Report Abuse

we made the wrong forecast,the share library stated 0.715 cut loss! SI LIAO!

Posted by excelyou > 2012-11-09 15:48 | Report Abuse

Profit taking after Alam stay at RM0.71 tp RM0.73 for more than a week.

Posted by excelyou > 2012-11-09 15:49 | Report Abuse

Dato LXXX is happily accumulate it.

Posted by rogerlim > 2012-11-09 15:50 | Report Abuse

oic,quite suddenly also....

Posted by Hong2 > 2012-11-09 15:51 | Report Abuse

Excel you, at what's price the best to buy? Thanks

Posted by excelyou > 2012-11-09 15:53 | Report Abuse

Anytime now

Posted by zack_liza > 2012-11-09 16:04 | Report Abuse

buy RM0.65 and below ...good price..

Posted by rogerlim > 2012-11-09 16:06 | Report Abuse

don't buy at too low price

Posted by loiteckyew > 2012-11-09 16:16 | Report Abuse

no..... next week will up?? why so many ppl to sell??

Posted by Ram Cheong > 2012-11-09 16:20 | Report Abuse

hopefully can close 0.705 , if not next week lausai

Posted by Hustle > 2012-11-09 16:21 | Report Abuse

Please refer to OPEC lowers global oil demand forecast

Posted by rogerlim > 2012-11-09 16:25 | Report Abuse

that is quite hard if the current situation continue....