Barefoot Investor: Alam Maritim downgraded to 'neutral'

Alam Maritim Resources Bhd, a Malaysian oil and gas services provider, was cut to “neutral from “buy” at OSK Research Sdn Bhd on concern that the company may make provisions for doubtful debts.

The share-price estimate was reduced to RM1 from RM1.46, Jason Yap, an analyst at OSK, said in a report today. -(Bloomberg)

Read more: Alam Maritim downgraded to 'neutral'

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