Posted by mf > 2020-03-23 08:31 | Report Abuse

wait 1cent

Posted by richman > 2020-03-23 10:50 | Report Abuse

Alam should recover today and trade 4 to 4.5cts

Posted by analiser > 2020-03-23 11:11 | Report Abuse

dont affraid . the situation will back to normal soon.now is buying time

Posted by richman > 2020-03-23 11:19 | Report Abuse

I think so because the market has gone down so bad so any drop in dow will have little effect on us

Posted by richman > 2020-03-23 11:20 | Report Abuse

ALAM provides logistic support so this is a critical service today

Posted by Keyman188 > 2020-03-23 11:30 | Report Abuse

Lai...lai...lai.......

My 1,000,000 share waiting for you @ 0.05 & 0.055 fruition.....

Come...come...come...

My 1,000,000 share waiting for you @ 0.05 & 0.055 to harvest.....

Posted by tkl88 > 2020-03-23 13:33 | Report Abuse

Dow Jones stabilised at 18,000 plus points & oil price stabilised around USD $20 plus ....
Great, now it’s the right time to accumulate O&G stocks and other record lowest undervalue potential good stocks !

Posted by tkl88 > 2020-03-23 13:34 | Report Abuse

Once Covid-19 announcement that been solved and DJI & crude oil price started to spike up, who sailang now will be making a big profits !

Posted by john1 > 2020-03-23 14:14 | Report Abuse

S&P Ratings slashed its forecast for oil prices by $10 a barrel, citing severe supply-demand imbalance due to the coronavirus outbreak.

Posted by JoshuaMS7 > 2020-03-23 15:30 | Report Abuse

Finally cut loss at 0.040 and wait dji crash until 15000 (since US getting more cities are closing soon) and oil price crash below 20 usd!! Gogogo!!

Posted by freddiehero > 2020-03-23 15:48 | Report Abuse

wah... big discount ka

Posted by tkl88 > 2020-03-23 21:28 | Report Abuse

Yes, Dow Jow Futures turn green !
As at 9.20pm,
DJI Futures at=> 19,274.0 (+234.0) (+1.23 percent) !

Posted by Mabel > 2020-03-24 11:31 | Report Abuse

14 % rise is really lovely...

I have collected enough Alam Shares. For me this counter is a waiting game for me to reap...

Hence over the last two week my focus has been on Serba Dinamik and lately Dayang. This is how I implement by 80/20 rule.

Anyway, my Dayang send her regards to all of you. She's also sweet like my Alam..

https://youtu.be/BIVGpXypktw

Meow..

Posted by Valgrovest > 2020-03-24 12:56 | Report Abuse

I also collected enough. Not selling - just wait for it to go back to its normal level when oil price recovered (only a matter of time).

Posted by freddiehero > 2020-03-24 12:57 | Report Abuse

yeah me too..

Posted by Goodprofit > 2020-03-24 22:12 |

Post removed.Why?

Posted by JokerT > 2020-03-25 10:02 | Report Abuse

gonna fly today

Posted by Mabel > 2020-03-25 10:30 | Report Abuse

Wah today up by another 13%

So nice...

Meow...

Posted by Tunjung > 2020-03-25 13:45 | Report Abuse

Cancel q to sell 5 cent and change to buy 3 cent

Posted by ShakiraShakira > 2020-03-25 15:55 | Report Abuse

omgoddess

Posted by lauys96 > 2020-03-25 20:26 | Report Abuse

2moro RUN

Posted by JoshuaMS7 > 2020-03-26 03:23 | Report Abuse

why run?

Posted by Mabel > 2020-03-27 07:37 | Report Abuse

Wah.....

Dow Jones is up...

Market will be meowing today...

Meow..

Posted by JokerT > 2020-03-27 15:02 | Report Abuse

time to rebound

Posted by JokerT > 2020-03-27 15:30 | Report Abuse

going rocket up

Posted by tkl88 > 2020-03-28 01:45 |

Post removed.Why?

Posted by tkl88 > 2020-03-28 01:47 | Report Abuse

As at 1.43am,
Crude oil price,
Nymex => $21.27 (-1.33) (-6.64%)
Brent => $24.58 (-1.76) (-6.68%)

Posted by tkl88 > 2020-03-28 07:19 | Report Abuse

Dow Jones closed at=> 21,636.78 (−915.39) (-4.06%)

Posted by Mabel > 2020-03-28 20:05 | Report Abuse

Actually Two things will happen.

Either we will move onto a post-apocalyptic society or the stocks will make a comeback like every other crisis before this.

If the first one was to happen, there is not much difference between wasting your money on stocks compared to anything else. Even stocking on supplies will not help you on the long run.

However, if the markets recover, like they do all the time, then you would be buying the stocks when they cheap, making you a hefty profit. But this might require a long patience, and unfortunately not many people have that.

Think about it...

Meow..

Posted by Will76 > 2020-03-29 22:49 | Report Abuse

News from CNBC

Oil prices dropped nearly 5% on Friday and were on track for a fifth straight weekly loss as demand destruction caused by the coronavirus outweighed stimulus efforts by policymakers around the world.

Brent crude was trading 5.1% lower at $24.99 per barrel.

U.S. crude fell $1.09, or 4.8%, to settle at $21.51 per barrel.

Stocks fell sharply on Friday, giving back some of the strong gains experienced in the previous three days to cap off another volatile week on Wall Street.

The Dow Jones Industrial Average dropped 915.39 points, or 4.1%, to 21,636.78. The S&P 500 slid 3.4% to 2,541.47 while the Nasdaq Composite closed 3.7% lower at 7,502.38.

Posted by mf > 2020-03-29 22:50 | Report Abuse

Dukacita dimaklumkan sehingga kini, terdapat satu (1) lagi pertambahan kes kematian berkaitan COVID-19 yang telah dilaporkan kepada CPRC Kebangsaan. Pelaporan terbaharu ini menjadikan jumlah kumulatif kes kematian COVID-19 di Malaysia sebanyak 35 orang setakat ini.

Kes kematian ke-35 (kes ke-1952) merupakan seorang perempuan warganegara Malaysia berusia 57 tahun. Beliau mempunyai sejarah perjalanan ke Indonesia.

Beliau telah mula bergejala 5 hari sebelum dimasukkan ke Hospital Putrajaya pada 17 Mac 2020 dan kemudiannya ke Hospital Kuala Lumpur dan Hospital Sungai Buloh. Hasil ujian pengesahan COVID-19 telah didapati positif pada 18 Mac 2020. Kesihatan beliau merosot hari demi hari, dan disahkan meninggal dunia pada 29 Mac 2020 jam 4.00 petang.

KKM mengucapkan takziah kepada seluruh ahli keluarga beliau.

‎إِنَّا لِلّهِ وَإِنَّـا إِلَيْهِ رَاجِعون

Posted by tkl88 > 2020-03-31 01:48 | Report Abuse

As at 1.47am,
Nymex=> $19.89 ‪(-1.62) (-7.53%)‬
‪Brent =>‬ $26.04 ‪(-1.91) (-6.83%)‬

Posted by tkl88 > 2020-03-31 03:09 | Report Abuse

As at 2.05am,
Nymex => $19.57 ‪(-1.94) (-9.02%)‬
Brent => $25.75 ‪(-2.20) (-7.87%)‬

Posted by tkl88 > 2020-03-31 03:11 | Report Abuse

Oil Prices Slide As Saudi Arabia Confirms Another Export Boost
By Tsvetana Paraskova - Mar 30, 2020, 9:00 AM CDT

https://www.google.com.my/amp/s/oilprice.com/Energy/Crude-Oil/Oil-Prices-Slide-As-Saudi-Arabia-Confirms-Another-Export-Boost.amp.html

Saudi Arabia is not backing down from the oil price war for market share, pledging another increase in its crude oil exports starting in May, despite a growing global glut amid crashing demand.
“[T]he Kingdom intends to increase its crude oil exports, starting from May, by about 600 thousand barrels per day, bringing the total of Saudi petroleum exports to 10.6 million barrels per day,” an official at the Saudi Arabian Energy Ministry said on Monday, as carried by the official Saudi Press Agency.

Posted by foo > 2020-03-31 08:44 | Report Abuse

Urusharta ceases to be substantial shareholder in Alam Maritim Resources
Kuala Lumpur (March 30): Urusharta Jamaah Sdn Bhd, the Finance Ministry’s special purpose vehicle (SPV), has ceased to be a substantial shareholder of Alam Maritim Resources Bhd, after disposing of 4.66 million shares or a 1.29% stake in the listed company.
Urusharta Jamaah emerged as a substantial shareholder of Alam Maritim on Dec 28, 2018, when it took over Lembaga Tabung Haji’s stake in the company. The SPV previously owned a total of 91.96 million Alam Maritim shares, equivalent to a 9.94% stake.
According to Bursa Malaysia filings, Urusharta Jamaah had started to pare its stake since March 16.
Shares in Alam Maritim closed down 0.5 sen or 11.11% at 4 sen today. Year-to-date, the stock has fallen 70%.

Posted by tuapuikia > 2020-03-31 16:40 | Report Abuse

time to load this counter, will have new shareholder soon

Posted by tuapuikia > 2020-03-31 16:43 | Report Abuse

https://oilprice.com/Energy/Energy-General/Russias-Plan-To-Bankrupt-US-Shale-Could-Send-Oil-To-60.html

Posted by tuapuikia > 2020-03-31 16:45 | Report Abuse

https://oilprice.com/Energy/Energy-General/Russias-Plan-To-Bankrupt-US-Shale-Could-Send-Oil-To-60.html

Get ready after that!!

Posted by tkl88 > 2020-04-01 04:42 | Report Abuse

Dow Jones closed at=> 21,917.16 (-410.32) (-1.84%)

Posted by tkl88 > 2020-04-01 16:22 | Report Abuse

As at 4.21pm,
Dow Jones future at=> 21,114.0 (-637.0) (-2.93%)

Posted by tkl88 > 2020-04-01 16:30 | Report Abuse

As at 4.29pm,
Nymex=> $20.09 (-0.39) (-1.90%)
Brent => $24.91 (-1.44) (-5.46%)

Posted by Keyman188 > 2020-04-01 21:42 | Report Abuse

Oil prices could soon turn negative as the world runs out of places to store crude, analysts warn

(PUBLISHED WED, APR 1 20207:13 AM EDT)


~ The coronavirus pandemic has meant countries have effectively had to shut down, with many governments imposing draconian measures on the daily lives of billions of people.

~ It has created an unprecedented demand shock in energy markets, with storage space – both onshore and offshore – quickly running out.

~ Analysts at Goldman Sachs have warned the coronavirus shock is “extremely negative for oil prices and is sending landlocked crude prices into negative territory.”



Global oil storage could reach maximum capacity within weeks, energy analysts have told CNBC, as the coronavirus crisis dramatically reduces consumption and some of the world’s most powerful crude producers start to ramp up their output.

The coronavirus pandemic has meant countries have effectively had to shut down, with many governments imposing draconian measures on the daily lives of billions of people. It has created an unprecedented demand shock in energy markets, with storage space – both onshore and offshore – quickly running out.

At the same time, a three-year pact between OPEC and non-OPEC partners to curb oil output ended on Wednesday, paving the way for oil producers to ramp up production.

OPEC kingpin Saudi Arabia has pledged to hike output to a record high.

“Refineries in many places are now losing money for every barrel they process, or they have no place to store their output of oil products,” Bjarne Schieldrop, chief commodities analyst at SEB, told CNBC via email this week.

He pointed out that when refineries shut down, many oil producers have nowhere to send their crude if the refinery is also part of the logistical chain to the market.

“For land-based or land-locked oil producers, this means only one thing,” Schieldrop continued. “The local oil price or well-head price they receive very quickly goes to zero or even negative, because if they have too much oil, they must pay someone to transport it away until they have managed to shut down their production.”

Analysts at Goldman Sachs have warned the coronavirus shock is “extremely negative for oil prices and is sending landlocked crude prices into negative territory.”

The U.S. investment bank estimates that the world has around 1 billion barrels of spare storage capacity, but much of that will never be accessed “as the velocity of the current shock will breach transportations networks.”

“Indeed, given the cost of shutting down a well, a producer would be willing to pay someone to dispose of a barrel, implying negative pricing in landlocked areas,” analysts at Goldman said in a research note published Monday.

To be sure, Goldman said it expects waterborne crudes like Brent to be far more insulated from the coronavirus shock, with the international benchmark likely to stay near cash costs of $20 a barrel — albeit with temporary spikes below.

In contrast, WTI (which is landlocked and 500 miles from accessible tanker storage) is expected to be among those hardest hit, alongside WTI Midland and Western Canada Select (WCS).

Earlier this week, the price of WCS was quoted as low as $4.18 a barrel, traders told CNBC’s Brian Sullivan. That’s thought to be less than a good pint of beer in Canada.


##https://www.cnbc.com/2020/04/01/coronavirus-oil-prices-could-turn-negative-as-storage-nears-capacity.html

Posted by tkl88 > 2020-04-01 22:05 |

Post removed.Why?

Posted by tkl88 > 2020-04-02 06:38 | Report Abuse

Dow Jones closed at=> 20,943.51 (−973.65) (-4.44%)

Posted by tkl88 > 2020-04-02 06:55 | Report Abuse

Dow plunges 974 points after Trump warns of 'painful' times to come and a 'shocking' coronavirus death toll
Carmen Reinicke
Apr. 1, 2020, 04:09 PM

https://www.google.com.my/amp/s/markets.businessinsider.com/amp/news/stock-market-news-today-dow-sp-fall-coronavirus-death-projections-2020-4-1029056226

* US stocks fell sharply on Wednesday after President Donald Trump told the country to brace for a "very, very painful two weeks" amid the coronavirus pandemic.
* The White House projected that the US could see 100,000 to 240,000 deaths from COVID-19, the illness caused by the coronavirus.
* The losses came on the heels of the worst-ever first quarter for the Dow Jones industrial average.
* Read more on Business Insider.

US stocks fell Wednesday after President Donald Trump issued a dire new warning about pain ahead due to the coronavirus pandemic. 
Trump told Americans to brace for a "very, very painful two weeks" during a press briefing Tuesday evening, adding "this is going to be three weeks like we've never seen before."
The White House is now projecting that the US could see between 100,000 and 240,000 deaths from the coronavirus pandemic, peaking over the next two weeks. Right now, the US has 189,000 confirmed cases of COVID-19, currently the largest outbreak in the world. As of April 1, 4,000 have died of coronavirus in the US. 

Here's where major US indexes stood at the 4 p.m. ET market close on Wednesday:
* S&P 500: 2,470.50, down 4.4%
* Dow Jones industrial average: 20,943.51, down 4.4% (974 points)
* Nasdaq composite: 7,360.58, down 4.4%

Investor sentiment is falling as the impact of the coronavirus pandemic is "maybe starting to hit home for people that had been hoping for better news," Liz Ann Sonders, chief investment strategist at Charles Schwab, told Markets Insider in an interview. 
The losses came after the Dow Jones industrial average posted its worst-ever quarterly performance on Tuesday, slipping more than 23%. Both the Dow and the S&P 500 also posted their worst monthly returns since the depth of the financial crisis in October 2008, falling 14% and 13% in March.

Posted by Valgrovest > 2020-04-02 10:01 | Report Abuse

Lets not be too negative. Brent oil price is up 4% today and Dow future is positive.

Posted by JokerT > 2020-04-02 10:24 | Report Abuse

today flying

Posted by Valgrovest > 2020-04-02 12:27 | Report Abuse

https://klse.i3investor.com/servlets/fdnews/248264.jsp

Better prospect on the horizon.

Posted by bigman888 > 2020-04-02 13:35 | Report Abuse

Pain for few months...need to kick out America shale oil from market... last time 2014 to 2016 ...cannot killed them... this time...sure more than half will bankrupt..

Posted by tkl88 > 2020-04-02 14:58 |

Post removed.Why?