Posted by m16454 > 3 weeks ago | Report Abuse

Aiyoyoy coward. Please check your comment record la... Buay tahan u this liarrr hahahah

Posted by liyam > 3 weeks ago | Report Abuse

People who do wrong will blame other people first, useless to entertain this people.

Posted by liyam > 3 weeks ago | Report Abuse

No assumptions. Just facts from the Regularisation Plan. Just read it, then dispute. Link is on bursa site. Look for section 5.1, page 11, top paragraph. Here is the extract about the price (AFTER consolidation 10:1):
'Entitled Shareholders on an entitlement date to be determined for the Proposed Rights Issue with Warrants (“Rights Issue Entitlement Date”) at an issue price of RM0.12 per Rights Share and 1 Rights Warrant for every 4 Rights Shares subscribed.'

So, price is RM0.12/10 = RM0.012 sen. 10 is the factor of consolidation.

See properly ya.People are not blind.This exactly copied from robert comments.

Posted by m16454 > 3 weeks ago | Report Abuse

U r really such a cunnttt. Sth wrong with your brain. Gila gila betul

Posted by liyam > 3 weeks ago | Report Abuse

m16454,i think you are blind.hahahaha....

Posted by liyam > 3 weeks ago | Report Abuse

And no one here support you and robert.

Posted by liyam > 3 weeks ago | Report Abuse

From all your previous comments records, nothing was true, simply say things.

Posted by m16454 > 3 weeks ago | Report Abuse

U r my idolll. Muacks.

Posted by jemi2020 > 3 weeks ago | Report Abuse

Don’t gaduh-gaduh bro. We will see how market tomorrow.. if going up.. it is good luck..

Posted by m16454 > 3 weeks ago | Report Abuse

Yeaa u r right. Dont keep talking craappsss

Posted by liyam > 3 weeks ago | Report Abuse

Those talking crappss are not holding any tickets, they just want to kacau only. Forget abt them.

Posted by m16454 > 3 weeks ago | Report Abuse

I holding 3m shares. U dont play play lar kidss

Posted by liyam > 3 weeks ago | Report Abuse

Dont be talking non-sense, why you ask people to sell if you holding so many tickets? You got something wrong with your brain ha?

Posted by Pandu1 > 3 weeks ago | Report Abuse

As per Maybank Investment Bank: Now bid @ 3.5sen 163.5million n Ask @4sen 30.5 million.

Posted by Pandu1 > 3 weeks ago | Report Abuse

I think its going south. Anyway Trading view recommend strong sell between 3.6 to 3.9 sen.

Posted by Pandu1 > 3 weeks ago | Report Abuse

Name Value Action
Exponential Moving Average (10) 0.037 Sell
Simple Moving Average (10) 0.038 Sell
Exponential Moving Average (20) 0.038 Sell
Simple Moving Average (20) 0.038 Sell
Exponential Moving Average (30) 0.038 Sell
Simple Moving Average (30) 0.038 Sell
Exponential Moving Average (50) 0.038 Sell
Simple Moving Average (50) 0.038 Sell
Exponential Moving Average (100) 0.039 Sell
Simple Moving Average (100) 0.039 Sell
Exponential Moving Average (200) 0.039 Sell
Simple Moving Average (200) 0.039 Sell
Ichimoku Base Line (9, 26, 52, 26) 0.038 Neutral
Volume Weighted Moving Average (20) 0.039 Sell
Hull Moving Average (9) 0.036 Sell
Pivots
Pivot Classic Fibonacci Camarilla Woodie DM
S3 0.020 0.030 0.037 0.025 —
S2 0.030 0.034 0.038 0.030 —
S1 0.035 0.036 0.039 0.035 0.035
P 0.040 0.040 0.040 0.040 0.040
R1 0.045 0.044 0.041 0.045 0.045
R2 0.050 0.046 0.042 0.050 —
R3 0.060 0.050 0.043 0.055

Posted by Pandu1 > 3 weeks ago | Report Abuse

Tayor

Posted by Pandu1 > 3 weeks ago | Report Abuse

Now last done price @ 3.5 sen. Whats d idea all fine people here. Can buy @ 3.5 sen? Ill parked 3 sen. I pun pening lh psal right n warrant issue which is not stated in Mib. Is it meant for creditors.

Posted by Pandu1 > 3 weeks ago | Report Abuse

Now many selling @ 3.5 sen.

Posted by Pandu1 > 3 weeks ago | Report Abuse

Im happy if i can get back 3 sen. Recently touched 4.5 sen.

Posted by Pandu1 > 3 weeks ago | Report Abuse

When touched 4.5 sen many sold @ 4 sen.

Posted by Pandu1 > 3 weeks ago | Report Abuse

I sold all @ 3.5sen. If theres future im willing to buy back @ d same price. Just pay the brokerage fee.

Posted by Pandu1 > 3 weeks ago | Report Abuse

KUALA LUMPUR (July 26): Practice Note 17 (PN17) company Alam Maritim Resources Bhd (KL:ALAM) has announced its regularisation plan, which includes a share capital reduction of RM440 million, 10-to-one share consolidation, an issuance of renounceable rights shares with warrants and a scheme of arrangement with its creditors.

In a filing with Bursa Malaysia on Friday, the integrated marine oil and gas services company said the credit arising from the share capital reduction will be used to set off the company's accumulated losses amounting to RM489.81 million as at March 31, 2024.

Alam Maritim is also proposing to consolidate every 10 shares into one share. The company, with an issued share capital of 1.53 billion shares as at June 30, 2024, will see this reduced to 153.18 million shares after the proposed reduction.
in the group's audited accounts for the financial period from Jan 1, 2021 to June 30, 2022 in October 2022.

Shares in Alam Maritim closed up 0.5 sen or 14.29% to four sen on Friday, giving the group a market capitalisation of RM61.27 million. Its share price has risen 33.33% so far this year.

Read also:
Alam Maritim classified as PN17 company after auditor expressed disclaimer of opinion in accounts
Alam Maritim submits regularisation plan to exit PN17 status
By Kang Siew Li / theedgemalaysia.com
26 Jul 2024, 08:26 pm

Posted by Robert Waters > 3 weeks ago | Report Abuse

I also sold the rest (very small amount) for 4 sen at 9:00 am. I will try to stay away from the forum to let others speak up freely.
Sorry for being a bit forceful at times. Myself, I have absolutely no animosity towards anyone here. I like it that people express different opinion. Makes me learn about other market participants. And you need a party to every transaction. Someone bought from me and this moring, and it is good.
Good luck to other players involved here and ... see you around.

Posted by Pandu1 > 3 weeks ago | Report Abuse

Robert Waters. Thank you Mr Robert. My sincere advise to you is whenever you write a comment @ any company, please quote the source. Eg The Edge etc. Please dont leave the forum. Many here need your view Sir. May god bless you.

Posted by jemi2020 > 3 weeks ago | Report Abuse

Don’t leave mr. robert. I also need your view this company

Posted by Pandu1 > 3 weeks ago | Report Abuse

A very good morning all. What do you think of AMRB after the consolidate of shares and issuance of renounceable rights shares with warrants. At what price we should buy. Tq.

Posted by Pandu1 > 3 weeks ago | Report Abuse

Now 163mill bid @ 3.5 sen n 37.6mill ask @ 4 sen.

Posted by Pandu1 > 3 weeks ago | Report Abuse

Last done @ 4 sen.

Posted by Pandu1 > 3 weeks ago | Report Abuse

148,000 only.

Posted by Robert Waters > 3 weeks ago | Report Abuse

Just a comment on today's action as the stock returns to reality. I put transactions in a spreadsheet when BIG SALE occured. I sorted them by size. Turns out there were only 700k orders of 100k or less. 35 million was in big orders of 500k. So it should tell you that there was not much investor buying. Big boys sorted it between themselves.

Time Price Amount
10:53:03 0.035 3,500,000
10:53:03 0.035 2,000,000
10:53:05 0.035 1,783,500
10:53:10 0.035 1,500,000
10:53:09 0.035 1,500,000
10:53:08 0.035 1,500,000
10:53:08 0.035 1,208,000
10:53:06 0.035 1,187,500
10:53:06 0.035 1,050,000
10:53:06 0.035 1,020,000
10:53:08 0.035 1,000,000
10:53:08 0.035 1,000,000
10:53:06 0.035 1,000,000
10:53:06 0.035 515,300
10:53:14 0.035 500,000
10:53:14 0.035 500,000
10:53:12 0.035 500,000
10:53:11 0.035 500,000
10:53:11 0.035 500,000
10:53:11 0.035 500,000
10:53:10 0.035 500,000
10:53:10 0.035 500,000
10:53:10 0.035 500,000
10:53:09 0.035 500,000
10:53:09 0.035 500,000
10:53:09 0.035 500,000
10:53:09 0.035 500,000
10:53:09 0.035 500,000
10:53:08 0.035 500,000
10:53:08 0.035 500,000
10:53:08 0.035 500,000
10:53:08 0.035 500,000
10:53:07 0.035 500,000
10:53:07 0.035 500,000
10:53:07 0.035 500,000
10:53:07 0.035 500,000
10:53:07 0.035 500,000
10:52:59 0.035 500,000
10:52:53 0.035 500,000
10:52:49 0.035 500,000
10:52:44 0.035 500,000
10:52:40 0.035 500,000
10:52:36 0.035 500,000
10:10:34 0.035 500,000
10:53:04 0.035 490,000
10:53:14 0.035 280,200
10:53:05 0.035 250,000
10:21:05 0.035 250,000
10:53:04 0.035 210,000
10:53:06 0.035 140,500
10:53:06 0.035 100,500
10:38:29 0.035 100,000
10:53:05 0.035 83,000
10:53:04 0.035 81,000
10:53:12 0.035 50,000
10:53:12 0.035 50,000
10:53:12 0.035 50,000
10:53:12 0.035 50,000
10:53:12 0.035 50,000
10:53:12 0.035 50,000
10:53:12 0.035 50,000
10:53:11 0.035 50,000
10:53:06 0.035 47,500
10:53:09 0.035 29,500
10:53:06 0.035 15,000
10:53:05 0.035 13,500
10:53:05 0.035 13,500
10:29:43 0.035 10,000
10:53:05 0.035 2,000
10:53:06 0.035 200

Posted by MamakKutty > 3 weeks ago | Report Abuse

rawButtwaters

Posted by axe123 > 3 weeks ago | Report Abuse

managed to sell everything at 4 cents and finally out of this dogwater stock

Posted by Pandu1 > 3 weeks ago | Report Abuse

Even i sold @ 3.5 sen im still satisfied. Ran for my life.

Posted by axe123 > 3 weeks ago | Report Abuse

wait till next year july again for it to go 4 cents back lmfao

Posted by axe123 > 3 weeks ago | Report Abuse

thats the pattern you can see for yourself in the charts this stock only reaches 4 cents every july

Posted by Robert Waters > 3 weeks ago | Report Abuse

Managed to get out and feeling good about it. Let big pocket guys accummulate at 3 sen and above.

Posted by jemi2020 > 2 weeks ago | Report Abuse

Rest for a while…. Relax

Posted by axe123 > 2 weeks ago | Report Abuse

nah just wait till next year july to see 4 cents back

Posted by mf > 2 weeks ago | Report Abuse

The US, UK and France are among several countries urging their citizens to leave Lebanon as heightened tensions in the region spark fears of a widening Middle East conflict

Posted by zenbeginner > 2 weeks ago | Report Abuse

Oh no, that's it? Show over?

Posted by mf > 2 weeks ago | Report Abuse

TEL AVIV — Israel is bracing for a potential multiday attack by Iran and its ally Hezbollah following the assassination of two senior militant leaders last week, an Israeli official told NBC News.

The official said Israel fears waves of missiles and drones could be fired over several days in response to the killing of Hamas political leader Ismail Haniyeh and Hezbollah commander Fuad Shukr.

“They’ll just try to wear us out,” the official said.

Posted by axe123 > 2 weeks ago | Report Abuse

yep the show only appears every year july
this stock is higly manipulated so dont be jumping in the bandwagon it leads to nowhere

Posted by Robert Waters > 2 weeks ago | Report Abuse

Well, about 1/3 of shares is owned by one director through SAR ventures. Not sure if that is the Syndicate controlling the price (spike in July), but I think they support the price to guarantee plan to issue right shares and warrants is viable.

Posted by Pandu1 > 2 weeks ago | Report Abuse

No confident even to buy back @ 3 sen. U c what happened to Xox. The different is Alam is making profit n Xox not.

Posted by Robert Waters > 2 weeks ago | Report Abuse

Which xox ? Technology, bhd or networks ?
I like to research distress companies. Will take a look.

Posted by zenbeginner > 2 weeks ago | Report Abuse

Robert, care to explain further

Robert Waters

Well, about 1/3 of shares is owned by one director through SAR ventures. Not sure if that is the Syndicate controlling the price (spike in July), but I think they support the price to guarantee plan to issue right shares and warrants is viable.

1 day ago

Posted by Robert Waters > 2 weeks ago | Report Abuse

I watched list of 30 Alam insiders on a regular basis. SAR Syndicate has most shares, but they do not trade them. I talked to the broker and apparently they are arrogant and want big premium for selling them, turning down offers and even negotiations. The bottom line is they do not transact. I heard that the Property Company does most of transacting.

Posted by koyokui > 5 days ago | Report Abuse

Buy alam out of pn17. Insya allah

Posted by bullrun168 > 4 days ago | Report Abuse

PRACTICE NOTE 17 / GUIDANCE NOTE 3 : REGULARISATION PLAN
ALAM MARITIM RESOURCES BERHAD
Announcement details

Type: Announcement
Subject: PRACTICE NOTE 17 / GUIDANCE NOTE 3
REGULARISATION PLAN
Description: ALAM MARITIM RESOURCES BERHAD ("AMRB" OR THE "COMPANY")
PROPOSED REGULARISATION

Reference is made to the earlier announcement dated 26 July 2024 in relation to the Proposed Regularisation Plan (“Requisite Announcement”). Unless stated otherwise, abbreviations and definitions used throughout this announcement shall bear the same meaning as those defined in the Requisite Announcement.
 
On behalf of the Board of Directors of AMRB, Interpac wishes to announce that the application in relation to the Proposed Regularisation Plan had been submitted to Bursa Securities on 16 August 2024.
 
This announcement is dated 19 August 2024.

Date Announced: 19-8-2024