ALAM MARITIM RESOURCES BHD

KLSE (MYR): ALAM (5115)

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Last Price

0.03

Today's Change

-0.005 (14.29%)

Day's Change

0.03 - 0.035

Trading Volume

233,200


44 people like this.

15,209 comment(s). Last comment by bullrun168 1 week ago

annmix

1,521 posts

Posted by annmix > 2019-10-20 17:03 | Report Abuse

not much diffrence if 9sen or 8 sen

KAQ4468

21,497 posts

Posted by KAQ4468 > 2019-10-20 18:02 | Report Abuse

I'm looking for a different ... Where is it ?

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-10-21 17:57 | Report Abuse

3 years ago 2016 if entered is unlucky bcoz o&g still downtrend with decrease revenue and increase debt

- 2018 o&g just start recover with increase in work order but revenue still low with impaired on assets
- 2019 only start to reflect profit for services, maintenance
- 2020 those still red will back to profit if have accumulate work order enough..

Michael Kwok

6,488 posts

Posted by Michael Kwok > 2019-10-21 18:19 | Report Abuse

I'm going to upgrade KYY words TA,FA and add potential.If investors have experience there will know.Im 26 years experience since the market bull run in 1993.My age is on 15 years old.The one who recommend to buy IPO on TNB shares where not much people subcribe due to the price.Ask my mom to subcribe to the IPO.Subsribe 10 lot(today's means 100 lot) and win 6 lot.Its like winning 4d numbers.After for a while it's it's up more than 100 percent +++ and my mom sold it.No comment.The biggest win on my mom history.

Posted by T800Terminator > 2019-10-21 21:06 | Report Abuse

What message you’re trying to deliver?

bigman888

187 posts

Posted by bigman888 > 2019-10-22 13:16 | Report Abuse

Is good to have mom like that... Why so susah susah to dump your hard earned money in market?

zhm540

2,491 posts

Posted by zhm540 > 2019-10-22 17:01 | Report Abuse

last minute buy.... tomorrow should be good.

5c0160

1,763 posts

Posted by 5c0160 > 2019-10-22 19:13 | Report Abuse

Hopeless oil counter.

Michael Kwok

6,488 posts

Posted by Michael Kwok > 2019-10-22 23:13 | Report Abuse

Ini kalilah.Syndicate not stupid.Its will up soon.Among Last O and G not up dramatically with clean balance sheet.Recommend buy maybe the 5 th time.

Posted by bclassinvest > 2019-10-23 09:50 | Report Abuse

Panda, another gruesome company after Armada? Hmm....interesting....

Posted by bclassinvest > 2019-10-23 09:50 | Report Abuse

Good to see fellow Armadians, Mabel n Micheal here too.

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-10-23 11:39 | Report Abuse

this stock has basis, just look at the revenue for the past few qtrs, been increasing

it will come no surprise if it will back to green.. just about time

when it happen to a super cheap stock like this, 30% rise in single day trade is easy

Posted by T800Terminator > 2019-10-23 11:45 | Report Abuse

MBB also said it should worth 0.18 la.

lextcs

1,961 posts

Posted by lextcs > 2019-10-23 11:53 | Report Abuse

guys go check this out....this fella got 39 vessels and we are talking about vessels only ya... now they are trying to scale it down to 9 …. 30 x 10m usd = 300mil usd x 4.2 = 1.3billion myr / 970million shares = 1.35 per share.... Now u do your own maths...and tell me why this stk will go limit up? Buy and sell at your own discretion ya....

lextcs

1,961 posts

Posted by lextcs > 2019-10-23 12:05 | Report Abuse

start your collection NOW

fzank

1,537 posts

Posted by fzank > 2019-10-23 12:16 | Report Abuse

QUID PRO QUO

fzank

1,537 posts

Posted by fzank > 2019-10-23 12:19 | Report Abuse

QUE SERA SERA ....
WHATEVER WILL BE ... WILL BE ....
THE FUTURE IS NOT FOR US TO SEE ...
QUE SERA SERA ....

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-10-23 13:22 | Report Abuse

they scale down osv from 39 to 30 and to focus on oic and sub sea segment.. shifting for better prospect business since many msian offshore asset already 35 yrs old

Michael Kwok

6,488 posts

Posted by Michael Kwok > 2019-10-23 15:13 | Report Abuse

Armada up,AT up,Alam not yet but feeling is near,Anzo will follow possible at łeast late next month.Now is Alam.Seing people are snapping up undetected again.

Michael Kwok

6,488 posts

Posted by Michael Kwok > 2019-10-23 15:24 | Report Abuse

I call it 4A counter.Investor only have 3A.Because there forget AT.But Alam will move.overdue.

5c0160

1,763 posts

Posted by 5c0160 > 2019-10-23 19:10 | Report Abuse

i said the rubbish og counter

Michael Kwok

6,488 posts

Posted by Michael Kwok > 2019-10-23 22:13 | Report Abuse

X
Michael Kwok Please 5c0160 see the futures.Some monthly chart is in oversold for many months.It sure will up.Please read below.Im buying low at 10 cent worth 12k.

Malaysia have hundreds of oil and gas(old oil well)that need decommissioning.1 small to medium value at 140-200 million.20 percent profit margin(28-40 million profit).Assume 50-80 in 10 years that need decommissioning.(Assume 50 old oil well over 30 years worth 140-200 million per well then 7-10billion project will be given).Facts from investment bankers.

Petronas will not be so stupid to give just to 10 companies but maybe more due to shares of wealth vision 2030.
23/10/2019 8:37 PM

Michael Kwok

6,488 posts

Posted by Michael Kwok > 2019-10-23 22:26 | Report Abuse

PETALING JAYA: As more oil and gas (O&G) fields in Malaysia and the region approach the end of their lifespan, the demand for decommissioning works is set to surge.

The value of decommissioning contracts in the region, over the next three years, is expected to reach up to RM6bil, according to estimates by industry players.
UOB Kay Hian Research analyst Kong Ho Meng said while there have not been any large tenders awarded by Petroliam Nasional Bhd (Petronas), it expected contracts to be rolled out from next year.
In Malaysia, he said, about 11% or about 35 of the over 300 platforms have been operating for over 40 years, and more than 200 wells have already been identified to be plugged and abandoned.

Decommissioning is a rapidly developing sub-segment in the O&G sector, which refers to works to safely dismantle and remove wells and platforms to prevent environmental damage.

The growing requirement for decommissioning works relates to the commitment from oil majors to reduce their impact to the environment via late-life asset management.

There are two key services for decommissioning – well abandonment services and upstream facilities dismantling.

lextcs

1,961 posts

Posted by lextcs > 2019-10-24 08:37 | Report Abuse

you will see price jump 2x by this time next yr

KSLI

630 posts

Posted by KSLI > 2019-10-24 09:24 | Report Abuse

Alam coming up

monetary

4,447 posts

Posted by monetary > 2019-10-24 09:44 | Report Abuse

taking off!

KSLI

630 posts

Posted by KSLI > 2019-10-24 09:45 | Report Abuse

ya man..!!!!

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-10-24 09:46 | Report Abuse

until new contract news arrive and 1st profit reported, this counter only play for goreng like happened before

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-10-24 09:47 | Report Abuse

so stick to your reason why you should buy and hold for bigger return

Posted by shahriss > 2019-10-24 10:10 | Report Abuse

any good news for Alam?

Shinnzaii

3,114 posts

Posted by Shinnzaii > 2019-10-24 10:17 | Report Abuse

Aiyo....management said expect 30% from 990mil (297mil) for FYE2019....now edi 94.04mil and left 2 quarter....can this company survive with thin margin or not?hehe

Davidyeap

324 posts

Posted by Davidyeap > 2019-10-24 10:49 | Report Abuse

最低价油汽股,等待爆发

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-10-24 10:56 | Report Abuse

vol increase up to 12m now where as prev days and weeks just 1-2m and ave around 5m

if trend continue might reach 11c

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-10-24 10:59 | Report Abuse

if short trade should buy when it was .09 and sell at .11, if you have 0.5m, that already 10k profit

bal 2 qtrs may stay red as informed but next year sure back to profit.. along the way might have surprise

Michael Kwok

6,488 posts

Posted by Michael Kwok > 2019-10-24 20:03 | Report Abuse

People selling Alam made them look stupid.Please use the brain.Never be brainless.I say worst case scenario above 20 cents.See my blog when I write it.Not best case.

Alam
Michael Kwok I agree.Alam will be passing 20 cent worst case scenario.If things gone 2-3 quarter of of increase in profit consecutively then testing the 30 cent possible.Finally we agree with this counter.
15/09/2019 11:51 PM

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-10-25 10:36 | Report Abuse

Just buy and hold, i can make 5k now if sell at .10 for 600k shares (buyer ready) but thats not my target

i want to earn 100k here ; ) tp .20 by next 1Q20

annmix

1,521 posts

Posted by annmix > 2019-10-25 16:24 | Report Abuse

only if they have secure more contract and post qtr profit, or else hard to go up based on current bursa sentiment ! oil gas is not a popular sector anymore

monetary

4,447 posts

Posted by monetary > 2019-10-26 06:43 | Report Abuse

everything dropped to the bottom value will emerge.

monetary

4,447 posts

Posted by monetary > 2019-10-26 06:53 | Report Abuse

the challenge is to predict the bottom. now is the bottom.

5c0160

1,763 posts

Posted by 5c0160 > 2019-10-26 16:46 | Report Abuse

True??

Ken

678 posts

Posted by Ken > 2019-10-27 11:54 | Report Abuse

Anyone how is coming quarter's result?

5c0160

1,763 posts

Posted by 5c0160 > 2019-10-27 15:44 | Report Abuse

Still confirm losses.

Ken

678 posts

Posted by Ken > 2019-10-27 18:36 | Report Abuse

But look like to going to move

Michael Kwok

6,488 posts

Posted by Michael Kwok > 2019-10-27 18:57 | Report Abuse

There resistance of 15-16 cents.So maybe before end of the year may test 15-16 cents.usually market maker know 3-6 months in advance.Do you think 3-6 month Alam in trouble?I will say no.U all.Below 15-16 cents is Alam in trouble.So....

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-10-29 13:00 | Report Abuse

just wait, 1st qtr profit out will be 15c, 2nd profit out will be 20c..

we dont know when but 2-3 qtrs wait should be worth if your ave below .10

Davidyeap

324 posts

Posted by Davidyeap > 2019-10-29 14:50 | Report Abuse

RIGHT

5c0160

1,763 posts

Posted by 5c0160 > 2019-10-29 18:48 | Report Abuse

Additional listing. Game is over.

Michael Kwok

6,488 posts

Posted by Michael Kwok > 2019-10-29 18:56 | Report Abuse

I already calculate one year probably 10-12 percent extra shares listing out of conversion of loan notes.Not dead.Its not like 30-50 percent extra shares one shot.

Posted by T800Terminator > 2019-10-31 17:08 | Report Abuse

Nice closing.

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-10-31 17:29 | Report Abuse

you see all the bottom price o&g counter has rise, especially for those has carried debt restructure plan.. alam time will be coming soon.. trust me

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