ALAM MARITIM RESOURCES BHD

KLSE (MYR): ALAM (5115)

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Last Price

0.03

Today's Change

0.00 (0.00%)

Day's Change

0.03 - 0.035

Trading Volume

378,000


44 people like this.

15,211 comment(s). Last comment by Robert Waters 5 days ago

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2017-05-29 12:33 | Report Abuse

thinking whether is lembaga big selling just now or not??

Posted by Jolin Lai Chi Pet > 2017-05-29 12:35 | Report Abuse

time to buy on today!!!!!!!!!!!!!!!SURE WIN

Posted by tkchin1966 > 2017-05-29 12:45 | Report Abuse

信心就买,悲观就卖 。我等16cts

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2017-05-29 14:34 | Report Abuse

@tkchin1966 why 0.16 coming tomorrow??

Minion88

88 posts

Posted by Minion88 > 2017-05-29 14:45 | Report Abuse

I'm sure the Q results lost big money. Got big loan to pay too. Better stay away. Like Perisai

EDINVESTOR

597 posts

Posted by EDINVESTOR > 2017-05-29 14:49 | Report Abuse

RM 117 millions loss. Not a kacang putih.

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2017-05-29 14:50 | Report Abuse

@Minion88 how poor? poorer than last quarter??

EDINVESTOR

597 posts

Posted by EDINVESTOR > 2017-05-29 14:57 | Report Abuse

Bad bad bad results. Share price is sinking

Posted by BearBear1980 > 2017-05-29 15:04 | Report Abuse

Last Q bad result then open low go high, when whole market know the news even not "announced" yet, market already react to it........wait for "bad" announcement" then buy on news......hopefully wont bankrupt :(

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2017-05-29 15:24 | Report Abuse

@EDINVESTOR woo you know the exact loss amount!!

Minion88

88 posts

Posted by Minion88 > 2017-05-29 16:49 | Report Abuse

@EDINVESTOR, 117 million lost was last year Q4.

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2017-05-29 17:28 | Report Abuse

@Minion88 should be loss 118 million last qtr

Posted by SniperElite > 2017-05-30 15:39 | Report Abuse

Alam Maritim bags RM26mil contract from Petronas Maritime 3April 2017
http://www.thestar.com.my/business/business-news/2017/04/03/alam-maritim-bags-rm26mil-contract-from-petronas-maritime/

Posted by SniperElite > 2017-05-30 15:39 | Report Abuse

Alam Maritim wins RM99mil contract 22Mar 2017
http://www.thestar.com.my/business/business-news/2017/03/22/alam-maritim-wins-rm99mil-contract/

Posted by SniperElite > 2017-05-30 15:39 | Report Abuse

Alam Maritim gets RM34mil FPSO contract 9Mar 2017
http://www.thestar.com.my/business/business-news/2017/03/09/alam-maritim-gets-rm34mil-fpso-contract/

skybursa

1,486 posts

Posted by skybursa > 2017-05-30 17:37 | Report Abuse

Win contract but at the end of the day, report loss again. Hopeless

Darren

343 posts

Posted by Darren > 2017-05-30 17:38 | Report Abuse

Last quarter loss -117M
This quarter loss -11.9M

Much improve

skybursa

1,486 posts

Posted by skybursa > 2017-05-30 17:38 | Report Abuse

Contract won are not enough to cover debts

skybursa

1,486 posts

Posted by skybursa > 2017-05-30 17:41 | Report Abuse

Loss is still a loss. A company suffering 3 straight quarter of loss is not a good investment

Posted by stocksyndicate > 2017-05-30 17:49 | Report Abuse

Sooner the management will asked shareholders to subscribe to rights issues.

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2017-05-31 05:13 | Report Abuse

Later maybe breaking 0.200 or lower?

mfbs

1,229 posts

Posted by mfbs > 2017-05-31 10:23 | Report Abuse

Alam collapse

Harold Huong

1,036 posts

Posted by Harold Huong > 2017-05-31 10:31 | Report Abuse

Buy when collapse

Sani Wahi

112 posts

Posted by Sani Wahi > 2017-05-31 11:07 | Report Abuse

Kena terok ni adoiii.

Cimbnet

317 posts

Posted by Cimbnet > 2017-05-31 12:26 | Report Abuse

Be rational guys ... sukuk due soon in July. If miss payment u guys know how the share price will react. Just salvage whatever left

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2017-05-31 12:47 | Report Abuse

if default payment, the company will be falled into pn17?

Cimbnet

317 posts

Posted by Cimbnet > 2017-05-31 13:15 | Report Abuse

U think lo bro, equity holder last to claim the asset if anything goes wrong. Amount due on jul is 30 mil. With it's constant cash outflow and the bank balance, u do the math.

Don't wait until it becomes perisai.

Posted by stocksyndicate > 2017-05-31 13:43 | Report Abuse

Alam sukuk debts already facing downgrade

jack2

1,359 posts

Posted by jack2 > 2017-05-31 15:28 | Report Abuse

below 0.20 cts really shivering liao

jack2

1,359 posts

Posted by jack2 > 2017-05-31 15:30 | Report Abuse

nearer to sukuk payment date
the price going lower and lower

Harold Huong

1,036 posts

Posted by Harold Huong > 2017-05-31 15:42 | Report Abuse

I cancel the queue, thanks

micky92

759 posts

Posted by micky92 > 2017-05-31 20:32 | Report Abuse

Another contract worth approximately rm19M...wonder how market react to it.

Posted by TheSyndicate > 2017-05-31 21:28 | Report Abuse

@micky92, where did you get an early news? The edge published at around 9.30. Do you mind to share?

yflawrence

114 posts

Posted by yflawrence > 2017-06-01 09:49 | Report Abuse

book value for company 720 million. Still can hold.

bangkap

4 posts

Posted by bangkap > 2017-06-01 10:00 | Report Abuse

it worth buy at 0.205???

mfbs

1,229 posts

Posted by mfbs > 2017-06-01 10:01 | Report Abuse

No

Posted by tkchin1966 > 2017-06-01 13:34 | Report Abuse

joshuaMS7 kenanga tp15

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2017-06-01 14:42 | Report Abuse

@tkchin1966 noted. haha waiting 0.15 only buy some lol

yflawrence

114 posts

Posted by yflawrence > 2017-06-02 15:06 | Report Abuse

Alam make me bleeding. Across the board I can only see few good O&G counter. May be Armada and the Dayang have better prospect.

Posted by stocksyndicate > 2017-06-02 16:30 | Report Abuse

Lots of contracts but weak cash flow. Contract with low return & keep borrowing. That's how a bumi runs a company.

Cimbnet

317 posts

Posted by Cimbnet > 2017-06-02 21:24 | Report Abuse

Yeah, take this chance to cabut man. Cash flow weak

king36

1,022 posts

Posted by king36 > 2017-06-04 15:40 | Report Abuse

This is d difference between a good management and an idiotic management!

onetonneman If they collect back partial of the trade receivables RM 83.7 million and other receivables RM 120.9 million to pay back the sukuk, they don't have to restructure the debt at all, yet they will still have the RM 37.5 million cash to continue their operation and a clean balance sheet.

Bullhunter

1,194 posts

Posted by Bullhunter > 2017-06-04 16:05 | Report Abuse

hope it don't follow the path of perisai...

Posted by Jolin Lai Chi Pet > 2017-06-04 17:55 | Report Abuse

It will follow perisai for sure

Posted by SniperElite > 2017-06-06 14:41 | Report Abuse

The best solution to the problem is to collect back the trade receivables of RM 83.7 million and the other receivables of RM 120.9 million to pay back the 2 sukuk of RM 30 million and RM 45 million. But the management does not want to talk about the receivables. Investment bank analyst also has no guts to ask the question. That's why so many panic sellers dump their shares everyday, since they thought Alam has no more hope or no more current assets to pay back the 2 sukuk.

From this issue, I can tell that the management is not a good management.- I totally agree with this assessment.

mfbs

1,229 posts

Posted by mfbs > 2017-06-08 07:06 | Report Abuse

Oil 5% down..aiyo

Sani Wahi

112 posts

Posted by Sani Wahi > 2017-06-22 12:03 | Report Abuse

Berdarah dah. Nak cabut tak boleh..adoiii.

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