Highlights
KLSE: ALAM (5115)       ALAM MARITIM RESOURCES BHD MAIN : Energy
Last Price Today's Change   Day's Range   Trading Volume
0.125   0.00 (0.00%)  0.00 - 0.00  0
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Overview

Market Cap: 128 Million
NOSH: 1,024 Million
Avg Volume (4 weeks):31,086,870
4 Weeks Range:0.095 - 0.15
4 Weeks Price Volatility (%):
83.33%
52 Weeks Range:0.06 - 0.16
52 Weeks Price Volatility (%):
78.12%
Average Price Target: 0.13
Price Target Upside/Downside: +0.005

Financial Highlight

Latest Quarter | Ann. Date 30-Sep-2019 [#3]  |  19-Nov-2019
Next QR | Est. Ann. Date: 31-Dec-2019  |  28-Feb-2020
T4Q P/E | EY: -0.91  |  -109.99%
T4Q DY | Payout %: 0.00%  |  - %
T4Q NAPS | P/NAPS: 0.3671  |  0.34
T4Q NP Margin | ROE: -58.41%  |  -37.45%

Headlines

Date Subject
27-Nov-2019 PublicInvest Research Headlines - 27 Nov 2019
27-Nov-2019 Oil & Gas - Petronas Posts Weaker 3QFY19 Results
26-Nov-2019 钱景改善获追捧‧环境海事价量齐涨
26-Nov-2019 IS ALAM THE MOST UNDERVALUED O&G STOCK IN TOWN?
10-Nov-2019 ALAM MARITIM (5115)
16-Sep-2019 Four simple reasons why Alam Maritim can hit 20 sen
26-Apr-2019 PublicInvest Research Headlines - 26 Apr 2019
15-Apr-2019 获巨额合约激励 世界海事-WA初登场大涨/温世麟硕士
02-Apr-2019 PublicInvest Research Headlines - 2 Apr 2019
12-Mar-2019 PublicInvest Research Headlines - 12 Mar 2019
12-Mar-2019 Mplus Market Pulse - 12 Mar 2019
31-Jan-2019 PublicInvest Research Headlines - 31 Jan 2019
29-Jan-2019 Daily Technical Highlights – (ALAM, VIZIONE)
24-Jan-2019 Mplus Market Pulse - 24 Jan 2019
24-Jan-2019 PublicInvest Research Headlines - 24 Jan 2019
13-Dec-2018 PublicInvest Research Headlines - 13 Dec 2018
13-Dec-2018 Mplus Market Pulse - 13 Dec 2018
12-Dec-2018 TH cutting exposure to stock market
12-Dec-2018 Mplus Market Pulse - 12 Dec 2018
12-Dec-2018 PublicInvest Research Headlines - 12 Dec 2018

Business Background

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.
Analyze this stock with MQ Trader system

  41 people like this.
 
Isaac Chow big player usually collecting slowly in low volume low price, before qr release only push up, i check few stock also same situation.
29/11/2019 9:57 AM
Miz Raya Bloom auditor resigned, tu pasal ngorat ku X dapat hihihi
29/11/2019 10:03 AM
newbie170919 Debt will be pay after 5yrs by installment sure positive qr this quarter.
29/11/2019 1:43 PM
acinanatucer Driving efficiency with Sapura Energy Berhad

Check this out: https://klse.i3investor.com/blogs/ongmy/241815.jsp
29/11/2019 3:14 PM
Mabel Good progress.. Green.. One of the very few counters that closes GREEN
29/11/2019 6:54 PM
Mabel KLCI is down by 21 points Ma...

Everywhere drops...
29/11/2019 11:32 PM
annmix still maintain, not bad
02/12/2019 11:39 AM
Smartinvestor2030 Worst seen over for O&G sector. But which one still cheap?
https://klse.i3investor.com/m/blog/thebesttips/242645.jsp
02/12/2019 1:25 PM
Mabel Of course Alam is still cheap. Next Armada in the making..
02/12/2019 1:54 PM
kytan https://www.theedgemarkets.com/article/all-eyes-aramco-effect-post-ipo

“It is also good to have a rotational play with laggards that are currently undervalued, such as vessel operators,” adds Liaw, who has a “buy” call on Alam Maritim Resources Bhd and Icon Offshore Bhd in the segment.
02/12/2019 7:51 PM
bullstudent Mabel, what’s your target for Alam?
02/12/2019 8:26 PM
Mabel My target price is 20
03/12/2019 12:11 AM
Mabel ALAM

Fundamental 1.3

Technical 5.8

Total Score 7.1

Moving Average (Short Term) BUY

Moving Average (Mid Term) BUY

Moving Average (Long Term) BUY
03/12/2019 2:42 PM
kianweng123 T800 are you ok? scomi pn17 scomies follow soon
03/12/2019 2:47 PM
T800Terminator Instead it gives me good opportunities to accumulate Scomies at lower price. Nothing to worry.
03/12/2019 4:11 PM
kianweng123 okay you continue accumulate going pn17 soon
03/12/2019 5:34 PM
T800Terminator I wish can buy more then. Kikikiki.
03/12/2019 6:23 PM
kianweng123 see you at pn17
03/12/2019 7:00 PM
T800Terminator We meet there buddy....kikikiki
03/12/2019 7:47 PM
T800Terminator Alam puncture liao
04/12/2019 1:59 PM
velan20 still can buy or sell?
04/12/2019 2:55 PM
annmix Not really puncture la. Bursa 2days drop so much alam only drop 1sen. Still boleh tahan
04/12/2019 4:56 PM
kimleong_ang Alam hurt me so many times.....
04/12/2019 6:08 PM
Mabel Budak2 bermain gasing
Bermain dgn anak Kak Mabel
Alang2 window dressing
Biar sampai tukar pagar stainless steel

Meow!
04/12/2019 7:49 PM
Miz Raya Bloom mabel ini kelakar hihihi ada baca ini https://whims2016.wordpress.com/
04/12/2019 8:51 PM
Mabel Yes I have read the article Miz!

Thanks for sharing...

Meow!
04/12/2019 9:33 PM
Mabel Pak Mael duduk di Jalan Gasing
Anak nya yang bongsu bernama Mabel
Dengan untung window dressing
Bukan saja pagar, satu rumah perabut kita tukar ke stainless steel

Ho Ho Ho..

Huat chaiii...
04/12/2019 9:46 PM
Miz Raya Bloom ku harap sangat naik 25 sen, boleh ke kawan2?
05/12/2019 8:51 AM
Ron90 Alam already up by 30%, and the recovery is really good?...last QR performance due to revenue from OSV business ., and at the same time they still selling OSV assets to get cash.
05/12/2019 12:32 PM
Miz Raya Bloom kawan ku kata company ini ok, but jenis bisu, jenis pemalu, projek dah dapat, selalu lambat announce
05/12/2019 12:34 PM
Ron90 ask your friend la , what project they got..huhu
05/12/2019 2:03 PM
kianweng123 boring
05/12/2019 2:20 PM
T800Terminator Hahahaha you stuck again. I told you liao, I’ll in after you disposed off you holding.
05/12/2019 3:45 PM
Mabel Wait lah.. Sell when cross 20..

Wait for CNY Rally..
05/12/2019 8:17 PM
MingGoon Alam : 0.125 ...
buy now if not when cross 0.2, how to sell....
06/12/2019 3:56 PM
MingGoon Mabel ALAM

Fundamental 1.3

Technical 5.8

Total Score 7.1

Moving Average (Short Term) BUY

Moving Average (Mid Term) BUY

Moving Average (Long Term) BUY
03/12/2019 2:42 PM

Thanks, Mabel for sharing....
I am topping up more Alam at 0.125..
Cheers Alam... crossing 0.2 soon
06/12/2019 3:57 PM
T800Terminator As usual how Alam behave. Volume gone and soon back to square 0.095.....
06/12/2019 4:53 PM
acinanatucer Good Job Sapura Energy Bhd!!!

https://klse.i3investor.com/blogs/ongmy/244669.jsp
06/12/2019 5:38 PM
acinanatucer Berita bagus ni!!!

https://klse.i3investor.com/blogs/ongmy/244675.jsp
06/12/2019 5:40 PM
Mabel @MingGoon Mabel ALAM

Fundamental 1.3

Technical 5.8

Total Score 7.1

Moving Average (Short Term) BUY

Moving Average (Mid Term) BUY

Moving Average (Long Term) BUY
03/12/2019 2:42 PM

Thanks, Mabel for sharing....
I am topping up more Alam at 0.125..
Cheers Alam... crossing 0.2 soon
06/12/2019 3:57 PM

Cheers MingGoon!
06/12/2019 11:04 PM
Mabel Some people saying Alam Maritim's share price would rally akin to Bumi Armada, whom has rallied 200% within 5 months after Bumi Armada started turning around in 1Q19, which the results announced end of May 2019.

Some people started worrying about seasonal factor for O&G sector in 4Q19. As for Alam, it has already turned around and "IF" it happens, it should has already been priced in recent consolidation in the share price. It would not be a major correction because seasonal factor is not an indication for earnings prospect. Therefore, a recent healthy correction or consolidation in Alam's share price provides great great opportunity to accumulate at current cheap valuation and cheapest in town!

At 13sen on 26th November 2019, Alam Maritim has still been trading at 0.3x PBV only! Still cheaper and cheapest in the industry.

Compare against its direct competitor in OSV sector, Alam still lagging behind. Ignore the P/E ratio due to distortion (because O&G sector just started turning around in the 3Q19 results).

Perdana: 0.64x PBV (while business is heavily realiance on Dayang)
Icon: 1.36x PBV (trading at premium despite still loss making)

Should Alam Maritim be traded at 23sen, it would just imply 0.53x PBV. Still cheap though!

Compare against large-to-small caps upstream O&G, ignore the P/E ratio due to distortion (because O&G sector just started turning around in the 3Q19 results):


By Subsea, drilling rigs and FPSO:
Velesto: 1.12x PBV
Sapnrg: 0.3x PBV (still loss making!!!)
Bumi Armada: 0.83x PBV
Yinson: 4.18x PBV
Hibiscus: 1.11x PBV

By fabrication, pipelines and maintenance:
Dayang: 1.44x PBV
Wah Seong: 0.94x PBV
Petra Energy: 1.35x PBV
Deleum: 1.18x PBV

Alam Maritim achieved a record high 3QFY19 revenue of RM114.6 million since 3QFY14 of RM127.9 million when the oil price was above USD100/bbl! Its bottomline also started turning around with net profit of RM535k after so many quarters of loss! This could be the beginning of new era of Alam Maritim.

The OSV market is improving, which operationally, OSV utilization is picking up.

A rise in daily charter rate (DCR) akin to the JU rigs business (Velesto) is a re-rating catalyst, as the majority of its term charters are currently locked in at bottom-cycle DCRs.

Maybank-IB has BUY call on Alam Maritim with target price of 18sen at O.4x PBV. Again At 23sen, it would imply 0.53x PBV! Still cheap though and cheapest among the O&G stock in town!

https://klse.i3investor.com/blogs/thebesttips/242645.jsp
07/12/2019 8:39 AM
Miz Raya Bloom Mabel ty for sharing, ku sentiasa tunggu bila la nak naik ALAM. Jalan power tak cukup, gostan balik. Hibiscus pun sama.
07/12/2019 8:42 AM
Mabel https://www.google.com.sg/amp/s/mobile.reuters.com/article/amp/idUSKBN1Y90UK

Reuters: Oil producers led by Saudi Arabia and Russia agreed on Thursday to cut output by an extra 500,000 barrels a day in the first quarter of 2020.

Next week should be a good week..
07/12/2019 1:34 PM
annmix well, talk about technical sometime useless, if cannot secure more jobs it will back to square
07/12/2019 2:17 PM
Miz Raya Bloom Mabel kalau awak rajin, jadi promoter sini. Ku dulu pernah jadi promoter hisbiscus naik juga 1.10, sekarang ku dah mati kutu dengan O&G industry hihihi
07/12/2019 3:16 PM
RJ87 need more profit
08/12/2019 11:32 PM
acinanatucer Check this out!!!

https://klse.i3investor.com/blogs/ongmy/245219.jsp
09/12/2019 9:29 AM
Smart Beginners Can anyone share why should i buy in ALAM??
09/12/2019 11:01 AM
T800Terminator Back to square otw.....kikikiki.....
09/12/2019 11:16 AM
MingGoon Mabel https://www.google.com.sg/amp/s/mobile.reuters.com/article/amp/idUSKBN...

Reuters: Oil producers led by Saudi Arabia and Russia agreed on Thursday to cut output by an extra 500,000 barrels a day in the first quarter of 2020.

Next week should be a good week..
07/12/2019 1:34 PM


Thanks, Mabel, for sharing this information...
This week, should be a good week....
09/12/2019 3:26 PM


 

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