ALAM Stock Forum

The company's solicitor believes that the default of appearance judgement can be legally defended and the company will proceed with its overall restructuring and rehabilitation plan by way of a proposed scheme of arrangement with its creditors.

Good morning mooers! Here are things you need to know about today's market:
●US Equity Indexes Rise as Netflix Results Boost S&P 500 and Nasdaq, Tesla Disappoints After Hours
●Bursa Malaysia Defies Expectations, Rises in Early Trading Despite Stumble in US Markets
●Choppy Trading Dominates Kuala Lumpur Bourse as FBM KLCI Tests Key Resistance Level
●Stocks to watch: MISC, IHH
-moomoo News MY
Wall Street Summary...

Warren Buffett has famously said that “I don't look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.” This reflects his investment philosophy, emphasizing the importance of simplicity and avoiding challenging situations.
I think Alam is a 7-foot bar. Alam share price has been declining from its 2014 high. You should not be surprised since the last time its ROE was positive was in 2015. If you were hunting for Bursa energy services companies...