KLSE (MYR): ALAM (5115)
You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!
Last Price
0.04
Today's Change
0.00 (0.00%)
Day's Change
0.035 - 0.04
Trading Volume
1,357,800
Market Cap
61 Million
NOSH
1,532 Million
Avg Volume (4 weeks)
3,989,395
4 Weeks Range
0.03 - 0.04
4 Weeks Price Volatility (%)
52 Weeks Range
0.02 - 0.04
52 Weeks Price Volatility (%)
Previous Close
0.04
Open
0.04
Bid
0.035 x 137,839,600
Ask
0.04 x 56,306,300
Day's Range
0.035 - 0.04
Trading Volume
1,357,800
Latest Quarter | Ann. Date
31-Mar-2024 [#3] | 31-May-2024
Next QR | Est. Ann. Date
30-Jun-2024 | 30-Aug-2024
T4Q P/E | EY
1.37 | 73.15%
T4Q DY | Payout %
0.00% | 0.00%
T4Q NAPS | P/NAPS
-0.02 | 0.00
T4Q NP Margin | ROE
11.87% | 0.00%
2024-07-22
2024-07-16
Sector: ENERGY
Sector: ENERGY
Subsector: ENERGY INFRASTRUCTURE, EQUIPMENT & SERVICES
Subsector: ENERGY INFRASTRUCTURE, EQUIPMENT & SERVICES
Description:
Alam Maritim Resources Bhd is a Malaysia-based investment holding company. It operates through two business segments: Offshore support vessels and services, and Subsea services. Its Offshore support vessels and services segment is engaged in providing vessels for charter hire; assisting seismic operators in seismic survey related activities; transportation of crew and supplies; towing and mooring of rigs offshore; anchor-handling services and other support. Its Sub-sea services segment is engaged in providing offshore facilities construction and installation services, such as marine construction related services; sub-sea engineering services and offshore pipeline construction-related services, and designing, manufacturing and operating of remotely operated vehicles.
Last 6 month Vol was above 20mil wo. It touched 25mil last 15 days. Now again exceeded 20 mil wo.
3 weeks ago
Sept23 vol exceeded 50 million. D price was 3.5 sen wo. Wait another 50 mill sure exceeded 4 sen wo.
3 weeks ago
Looks like syndicate will finish the job on this counter soon. Big fish are still around here, but not biting any more. Gossip that alam selling ships – what else is new? Deleum, Icon and Sapura Energy down. Only small fish still trying this one a bit. But you can see the shark circling for more fish to come before feeding. Once big fish runs away shark will come in for big feeding.
3 weeks ago
The shark comes to eat small fish. The stock price returns faster than you could imagine to the level before the gossip and accummulation started. And then rug pull happens, when iquidity suddenly disappears.
3 weeks ago
Walaoeh, oil price spike up crazily !
Brent closed at=> $86.60 +1.60 +1.88 %
Like that today Alam going to limit up already liao lah !
Heng ah, Ong ah, Huat ah !
2 weeks ago
Syndicate nearly done here. Stock accumulated. Price walked up. Time to distribute more shares to the retail public now. And then comes the RUG PULL. Retailers finds out all of the sudden that they are alone buying from other minority shareholders while Big Boys left without a trace. 198 mln buy will be all gone too.
2 weeks ago
Well, demand was low too in previous quarter before latest positive quarter results were out. So, can’t conclude that it’s because insiders know something about earnings that’s why demand low. Must be something else……
2 weeks ago
Creditor meeting scheduled on 26th July 2024,its a positive developments, see how market reacts on Tuesday.
2 weeks ago
Situation is clear now. The Syndicate has begun SELLING behind the scenes. Look at sell volume of 50 mln shares on the offer side at 0.04. A first. Out of proportion with other price sell volume.
When syndicate are done, their share disposed, only ikan bilis will be trading small share parcels between each other.
5 days ago
As i told b4, AM will reach 4 sen. As per Mib, the Ask vol @ 4 sen is 53 mln n Bid @3.5 sen is 107 mln. Vol is 21 mln. Trade summary wt 3.7mln bid @ 4sen, 13.7mln @3.5sen. Ask 3.7mln. tayor
5 days ago
To my opinion, with good coming fin reports in long term
it will shoot up. Sky is the limit.
5 days ago
Earnings are NOT a factor for company in distress about to be delisted from bursa. They need any of below to prevent it:
• Settlement of debts with creditors
• Reduction of capital to cancel accumulated losses
• Onboarding of new investors (white knights) via issuance of new shares
• Sale of assets
• Issuance of free warrants and right shares to retain old investors
• Establishment of an Employees Share Scheme (ESS)
5 days ago
Robert Waters
Issuance of free warrants and right shares to retain old investors.
Thats proposal Bornoil n not AM.
5 days ago
I feel sorry for this company. As I recall, there was no announcement from them securing new project in year 2023. And we are in the 3rd quarter of 2024, there is still no announcement of new major project secured. To deduce, no new project means no new big income. No big income means no big profit. Sure, they are recording profits in the recent three quarters but they, like other companies, have huge debts as well. In conclusion, with no major projects secured plus having huge debts around is just a recipe for disaster. Just my 1 cent….
5 days ago
axe123, i will only consider to unload it when it's price is 15 cents and above which all i was bought it at the price of 0.025 around 2 year ago...
5 days ago
And i strongly believe that Creditor meeting on 26th July 2024 will be a positive developments which is a good path for Alam to exit from PN17 and start from today strong buying power of 4 cents seems already shows that a lot of the inisiders already knowing Alam's strong financial position that's why they all sailang now all their belongings till underwear to buy-in Alam's shares !
Heng ah, Ong ah, Huat ah !
5 days ago
There is NO strong buying. I see that one trader got about 100 mln shares at 3 to 3.5 sen. Now he tries to unload it at 4 sen. The problem is that there is no catalyst for price increase, except his buying.
Creditor Meeting is not a positive. It is a sign of distress. Most investors prefer companies without wind up petitions in the courts and without PN17 classification.
4 days ago
Buying has stopped as of today and Alam is trading at 3.5 sen.
So in my opinion 4 sen is in fact a ceiling, not a support. Counter never went past 4. Contratulations to those who sold at 4. I managed to sell small amount in pre-market.
3 days ago
Pivot Classic Fibonacci Camarilla Woodie DM
S3 0.028 0.033 0.039 0.033 —
S2 0.033 0.035 0.039 0.034 —
S1 0.037 0.036 0.040 0.038 0.038
P 0.038 0.038 0.038 0.039 0.039
R1 0.042 0.040 0.040 0.043 0.043
R2 0.043 0.041 0.041 0.044 —
R3 0.048 0.043 0.041 0.048
3 days ago
Alam Maritim forms consortium to explore upstream O&G and subsea opportunities in Malaysia and Southeast Asia
By Izzul Ikram / theedgemarkets.com
04 Jan 2023, 06:49 pm
Updated - 07:55 pm
3 days ago
Pandu1, Alam got announce want to give free warrants meh?
When is the news ? Today ?
3 days ago
7036 BORNOIL BORNEO OIL BHD
MULTIPLE PROPOSALS
MULTIPLE PROPOSALS
BORNEO OIL BERHAD ("BORNOIL" OR THE "COMPANY")I. PROPOSED BONUS ISSUE OF
WARRANTS;II. PROPOSED TERMINATION OF EXISTING ESOS; ANDIII.
PROPOSED NEW ESOS(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com
19/07/2024 05:01 PM
Ref Code: 202407193000059
Sorry. Its Bornoil
3 days ago
Robert Waters
Issuance of free warrants and right shares to retain old investors.
Thats proposal Bornoil n not AM.
Robert Waters mentioned d free warrants n i corrected him. Now i also got confused.
3 days ago
Pandu1, have not heard any projects won also...
Pandu1
Alam Maritim forms consortium to explore upstream O&G and subsea opportunities in Malaysia and Southeast Asia
By Izzul Ikram / theedgemarkets.com
04 Jan 2023, 06:49 pm
Updated - 07:55 pm
18 hours ago
2 days ago
So, the bottom line is:
1. Alam Maritim is NOT issuing any warrants. Borneo Oil is.
2. There is NO new contract or project for AM.
3. Creditor meeting is scheduled. If 25% of creditors do not agree to 'haircut of the debt' the company will be wound up and shares become worthless. Creditors will divide assets of the company between themselves.
2 days ago
Reference is made to the Company’s announcements dated 4 January 2023.
The Board of Directors of Alam Maritim Resources Berhad ("ALAM” or "the Company") (“Board”) wishes to announce that the MOU dated 22 December 2022 entered between the Company, SAFEEN Survey and Subsea Services and MCS Group has been mutually terminated with effect from 2 May 2023.
The termination of the MOU is not expected to have any material effects on the issued share capital and substantial shareholders’ shareholdings of the Company, as well as the net assets, gearing, earnings and earnings per share of the Company.
The announcement is dated 3 May 2023.
8 hours ago
Pandu1
Today's vol is 20.5 mill wo. Heng ah, Ong ah, Huat ah !
3 weeks ago