Highlights

THE INVESTMENT APPROACH OF CALVIN TAN

Author: calvintaneng   |   Latest post: Sun, 13 Jan 2019, 07:16 PM

 

CARIMIN (Curry Mee) ANOTHER CHUN CHUN CALL OF CALVIN TAN RESEARCH (Now can take profit & buy these 10 stocks)

Author:   |    Publish date:


Hi guys

 

Calvin first called to Buy CARIMIN (Currymee) Around 40 sen. Then Carimin dropped to 20.5 sen 52 weeks ;low

After Carimin declared a huge EPS Uncle Koon & others have chased it to 60 sen for a 50% Gain

But for those who bought Carimin at 20.5 sen they have made almost 200% now

 

SO THESE 10 STOCKS WILL BE AS HOT AS CARIMIN SOMEDAY

 

1) TA ENTERPRIZE (NEXT IN LINE FOR PRIVATISATION)

2) DUTALAND (JUTA BANK) THE SAFEST BANK IN MALAYSIA NOW

3) GUH (KING OF NET NET AND LANDS NEAR PH VVIP STRONGHOLD)

4) EKSONS (KING OF NET NET AND CASH)

5) MPHBCAPITAL (KING OF ALL BANKS: BETTER THAN RCECAP)

6) BJ CORP (KING OF VALUE)( BJ LAND AND BJ ASSETS INCLUDED))

7) MUI BHD (QUEEN OF VALUE)

8) CSCSTEEL(KING OF FLAT STEEL)

9) JTIASA (GIANT TREASURE)

10) ECS ICT (E COMMERCE PROXY)

 

EXTRA! EXTRA!!

 

INSAS

THE MOST NEGLECTED ONE NOW. THEREFORE INSAS SHALL BE THE NUMBER ONE SUPER HOTTEST CHAMPION IN FUTURE!!!

 

See

 

THE INVESTMENT APPROACH OF CALVIN TAN

Author: calvintaneng   |   Latest post: Tue, 8 Jan 2019, 01:31 PM   |  >> Go to Blog Dashboard

  

TOP 10 REASONS WHY CARIMIN PETROLEUM IS NOW A STRONG BUY (Calvin Tan Research)

Author:   |    Publish date: 



Dear Friends/Investors of i3 Forum,

 

TOP 10 REASONS FOR BUYING CARIMIN PETROLEUM

 

1) AT 39 SEN CARIMIN HAS FALLEN BY 65% FROM ITS RM1.10 IPO PRICE.

BUYING CARIMIN NOW IS BUYING AT HUGE DISCOUNT TO IPO PRICE.

 

2) MARGIN OF SAFETY

At 39 sen with NTA of 67 Sen Carimin is selling at a nice Discount of 42%. This meets Ben Graham criteria of 30% Discount To NTA as a Margin of Safety.

 

3) CARIMIN ASSETS ARE VALUABLE REAL ESTATES UNDERSTATED WITH DEEP VALUE

A look at Property/Plants/Equipments (PPE) of CARIMIN reveals the Happy Discovery of Highly Undervalue Solid Assets

Take for example (Refer to Annual Report of Carimin under Property)

 

(viii) No.7, Jalan SS15/2A, Subang Jaya, 47500 Selangor Darul Ehsan....................Book Value...Rm224,911

Double storey intermediate terrace shophouse (Gross built up 2,646 sq ft)

 

WHOA! A 2 Storey Shophouse in SS15 SUBANG JAYA (HOT AREA) has a Book Value of only Rm224,911?

 

What is the Current Market Value?

For that let us go to iproperty.com website

 

Selangor

RM 3,800,000

SS15/4D- 2 storey shop, Subang Jaya

Selangor

    • Built-up : 2,147 sq. ft.
    •  
    • Land area : 20x65
    • Whoa! A Crazy Rm3.8 MILLIONS ASKING PRICE?
    •  
    • This is the address of Carimin office in SS15 Subang Jaya. All can go SEE & VERIFY YOURSELF
    •  
    • ((( No.7, Jalan SS15/2A, Subang Jaya, 47500 Selangor Darul Ehsan)))

       

      4) AFTER THE CARNAGE OF OIL COLLAPSE MANY O&G COMPANIES HAVE GONE BANKRUPT ONE BY ONE: SO CARIMIN LEADERS BEING HANDS ON "SEE" GREAT OPPORTUNIES IN THE BUSINESS OF DECOMISSIONING, WELL PLUG & DISMANTALATION & STRIPPING OF ASSETS

      The Board of Directors of Carimin wishes to announce that Carimin Engineering, a wholly-owned subsidiary of the Company, had on 5 April 2017 entered into a collaboration agreement with EMAS (“COA”). Carimin Engineering has experience and expertise on hook-up and commissioning (HUC), topside maintenance of offshore facilities, supply of marine vessels, onshore fabrication and the provision of manpower services in the oil and gas platforms in Malaysia, whereas EMAS is principally involved in provision of engineering and technical innovative solutions for pre-commissioning, commissioning, decommissioning, well plug and abandonment services.

      So CARIMIN FORMED A JV WITH EMAS WHOSE PARENT COMPANY IS EZRA WHICH IS GOING INTO LIQUIDATION

      EMAS is a 99.99% owned subsidiary of Emas Energy Services Pte. Ltd., a company incorporated in Singapore. The parent company of the group is Ezra Holdings Ltd (“Ezra”). Additional information on EMAS may be obtained from Ezra website at http://www.ezraholdings.com/

       

      This shows that CARIMIN BOSSES are on the look out for opportunities & not afraid of dirty work hands on.

      This was what happened to Muda who recycled waste paper & rubbish.

      In these bad times many O& G are going kaput & turned belly up! So there is opportunity to make money in cannibalising & salvaging leftover for sale.

      This kind of Value Add Management is rare.

      Example is TMakmur willing to rear animals for sale in its plantations (TMakmur later taken private!)

      Another one is Scientex. Scientex not only build houses. They also do the dirty manual work of making their own cement bricks to save cost. By cutting cost Scientex is able to compete against all other Housing Developers in Johor!

       

      SO KUDOS TO CARIMIN MANAGERS!!!

      CALVIN GIVES THUMBS UP!!!

       

      5) MAJOR SHAREHOLDERS WITH MYOPIC VISION SOLD DOWN CARIMIN SHARES ON THIS NEW JV

      RIGHT AFTER THIS ANNOUNCEMENT ONE SHAREHOLDERS DUMPED CARIMIN SHARES BELOW 30 SEN

       

      Particulars of substantial Securities Holder

      Name DYNAC SDN. BHD.
      Address No. 16, Jalan Skudai, Straits View 
      Johor Bahru 
      80200 Johor 
      Malaysia.
      Company No. 85602-M
      Nationality/Country of incorporation Malaysia
      Descriptions (Class & nominal value) Ordinary Shares
      Name & address of registered holder AmSec Nominees (Tempatan) Sdn. Bhd. (Pledged securities account for Dynac Sdn. Bhd.) 22nd Floor, Bangunan AmBank Group 55, Jalan Raja Chulan 50200 Kuala Lumpur

      Details of changes

      Currency: Malaysian Ringgit (MYR)

      Type of transaction Description of Others Date of change
      No of securities
      Price Transacted ($$)
      Disposed   05 Apr 2017
      3,536,500
       

       

      Circumstances by reason of which change has occurred Disposal of shares through open market
      Nature of interest Direct
      Direct (units) 1,410,000
      Direct (%) 6.029
      Indirect/deemed interest (units) 0
      Indirect/deemed interest (%) 0
      Total no of securities after change 14,100,000
      Date of notice 08 Apr 2017

       


      Remarks :
      This notice was received on 10 April 2017.

       


      Announcement Info

      Company Name CARIMIN PETROLEUM BERHAD
      Stock Name CARIMIN
      Date Announced 10 Apr 2017
      Category Change in Substantial Shareholders Interest Pursuant to Form 29B
      Reference Number CS2-10042017-00080

      SO STUPID INDEED!!

      It was the dirty work of Muda in paper recycling that caused Muda to go up from 32 sen to Rm2.40 & split (Up 700%)

      And OKA who deals with Longkang also up 600% from 35 sen to over Rm2.00

      Don't look down on Longkang & sampah business! So is Carimin decommisioning job!! If it pays well, so what?

       

      6) CARIMIN HAS MANAGABLE DEBT WITH HIGH NTA & HIGH CASH RESERVE

      Being a Man Power Company there is little Mark Down of Assets depreciation unlike others whose Equipments are already aged. In fact we already see the Valuable Examples of Carimin understating Its Real Estate Value.

      So going forward CARIMIN has survived while others face insolvency due to horrendous debt

       

      7) JOBS ARE WELL SECURED IN RAPID (Pengerang RAPID), WEST COASTAL HIGHWAY (WCE) & KL WATER WORKS

      Fear of payment default is little as Paymasters of Petronas, Malaysia Govt & other Entities of Repute.

       

      8) RM60 MILLIONS JOB AWARD & OTHER SERVICES BY PETRONAS ENSURE GOOD COMING QUARTERS

       

      The Board of Directors of Carimin is pleased to announce that Carimin Bina Sdn. Bhd. ("CBSB"), a subsidiary of Carimin, had on 23 June 2017 received a Letter of Award dated 22 June 2017 (“LOA”) as the exclusive Sub-Contractor from Urban Masterpiece Sdn. Bhd. for the construction of all civil and engineering works in respect of the rainwater storage tank, consisting of 2 numbers of tube wells, 1 basement tank, 1 level of service/maintenance floor and external works (excluding mechanical and electrical works) for a project in relation to the management, control and store water for flood mitigation purposes in the area of Jalan Termeloh, Taman Tasik Titiwangsa, Kuala Lumpur, subject to the terms and conditions as stipulated in the LOA (“Sub-Contract”).  

       

      2. THE SUB-CONTRACT SUM

       

      The Sub-Contract is estimated to be approximately RM60,000,000.00 (Ringgit Malaysia: Sixty Million Only).

       

      3. DURATION OF THE SUB-CONTRACT

       

      The anticipated period for the completion of the Sub-Contract shall be twenty-four (24) months from the date of site possession. Tentatively, the dates on which CBSB shall commence and complete the Sub-Contract are as follows:-

       

      a) The Date of Site Possession: 16 October 2017

      b) The Date of Completion: 15 October 2019

       

      Estimating Rm30 Millions for One Year with 12% profit CARIMIN already show a future profit of Rm3.6 Millions just from this one job award.

       

      And latest is

      The Board of Directors of Carimin is pleased to announce that the Company's wholly-owned subsidiary, Carimin Engineering Services Sdn Bhd (“CES”), had on 20 September 2017 accepted a Letter of Award dated 20 September 2017 (“LOA”) from PETRONAS Carigali Sdn Bhd (“PETRONAS Carigali”) for Provision of Maintenance, Construction and Modification (MCM) Services (Package C (Offshore) Peninsular Malaysia Oil) (“the Contract”).

      2. INFORMATION OF THE CONTRACT

      The contract duration will be for a primary period of five (5) years with one (1) year extension option effective from 20 September 2017 and will expires on 19 September 2022, at an agreed fixed schedule of rates.

      The details of the scope of works in relation to the Contract will be addressed in a work order which will be issued by PETRONAS Carigali and shall include any or all other work and services which is generally related to Topside Structural Maintenance, Workover Preparation and Facilities Improvement Project.

      SO FOR THE NEXT 5 YEARS CARIMIN'S FUTURE IS GUARANTEED BY THE JOB AWARD FROM PETRONAS. A MAMMOTH RM170 BILLIONS TOTAL CAPEX FOR PENGERANG RAPID - THERE WILL BE LOTS MORE JOBS COMING CARIMIN WAY

       

      9) THE ARRIVAL OF SAUDI ARAMCO INTO RAPID FOR DOWNSTREAM O&G PROJECTS

      ARAMCO BEING WORLD LARGEST OIL COMPANY IS INVESTING USD7 BILLIONS (RM28 BILLIONS) INTO RAPID.

      OTHERS WILL COME LATER.

      AND CARIMIN HAS AN EVEN BRIGHTER FUTURE!!

       

      Saudi Aramco’s US$7b investment in Rapid tops Asean’s M&A list

    • Image result for saudi aramco picture

       

      .

10) WITH SO GOOD FUTURE AHEAD CARIMIN BOSSES & INSIDERS ARE LOADING UP CARIMIN SHARES IN UNISON

 

 

SEE FURTHER DOWN FOR MORE

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

CALVIN HAS A MODEST  TARGET PRICE FOR CARIMIN AT 80 SEN

 

See if it will follow Waseong to gain 100% in less than 2 years

 

REGARDS, Calvin Tan Research, Singapore

 

 

Further Note

 

Carimin & Hibiscus depend on Crude Oil Price Strength

Since Crude Oil has crashed 40% from USD80 to USD$50 a barrel Calvin urge all not to chase Carimin unless Crude Oil rebound up to USD$80

 

Best Regards

 

Calvin Tan Research

Singapore (January 8th 2019

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Labels: CARIMIN

Related Stocks

Chart Stock Name Last Change Volume 
CARIMIN 0.575 0.00 (0.00%)

  qps9999 likes this.
 
GrowingRich You are so slow, CalvinTanEng. LOL

You should have started recommending Carimin when it was 24.5

Now, how about you start recommending Perdana, when it is still relatively low.
09/01/2019 09:55
qqq3 me? I told u many times, I am a trader....I buy and sell any share.

I am writing here for the common man who strives to be a successful investor in the stock market ......a simple methodology almost guaranteed to work over a life time.....the kind of stuffs I would like my kids to follow.


as for good management....that is the most important element, above every thing else.....as I have been writing for 3 years.....in stock picking it is good management, good business and good numbers......in that order..........
09/01/2019 10:01
calvintaneng Jaks failing to deliver projects on time is bad management

Sendai razor thin profit and horrendous Receivables also bad management

Qqq3 is a quack accountant
09/01/2019 10:34
calvintaneng GrowingRich

Since you are so clever

Just post you tip here for all fellow i3 forumers to buy cheap ok?
09/01/2019 10:36
qqq3 this forum full of people calling themselves value investors.....does it work or not? or just emotionally appealing?

In QL forum, long number guy described well what worked for him.

I am a trader......Trading worked for me....but it is tough.

for the common people, for my kids, I will break it down to 3 simple rules


...only good management stocks
...very low turnover of portfolio
....learn to say NO.... must say NO 99 times before saying Yes.
09/01/2019 10:37
RajaBursa2019 King of value, queen of value, king of steel


+ king of Kong !!


kikikiki
09/01/2019 10:43
RajaBursa2019 aiyooo nenek

kasi lagi cun cun punya prediction la ...gua mau tengok ... ada king or ada kong
09/01/2019 10:44
qqq3 calvintaneng > Jan 9, 2019 10:36 AM | Report Abuse

Just post you tip here for all fellow i3 forumers to buy cheap ok?
====================================


calvin.....since everyone here don't see value in QL but I do....why not just use QL against your pick......? 1 year money, 2 years money, 5 years money......
09/01/2019 10:45
gladiator Called to Buy CARIMIN 40 sen dropped to 20.5 sen almost 50% drop you call this chun chun call?

At 20.5 sen did you come back to make a fresh call ask people buy? No? Why? No confident on your currymee or already cut loss?

bpuri how? you ask to buy 45 sen 3 years ago now also almost 50% drop. Continue to hold many many years then one day shit happens price move up and wait for you to came back shout chun chun call only sell?
09/01/2019 10:57
calvintaneng For Ql the next Domino to fall

Better sell now and get out!
09/01/2019 11:04
CharlesT Posted by gladiator > Jan 9, 2019 10:57 AM | Report Abuse

Called to Buy CARIMIN 40 sen dropped to 20.5 sen almost 50% drop you call this chun chun call?

Calvin cut loss at 30% or 40%?
09/01/2019 11:11
shahbj Agree wif u qq3.-)
09/01/2019 11:11
calvintaneng Carimin the currymee I made more than enough to go USA for tour

Hohoho!!!
09/01/2019 11:15
qqq3 calvintaneng > Jan 9, 2019 11:04 AM | Report Abuse

For Ql the next Domino to fall
==========

u can name any stock to compete....but must name only 1 stock....not a list of 20 stocks and then if 1 of them jump up due to random events declare victory....that would not be fair nor proper.......
09/01/2019 11:22
SALAM Calvin, how about Pinepac which going to rake in big pile of cash on coming asset disposal soon ?
09/01/2019 11:47
qqq3 y calvintaneng > Jan 9, 2019 11:04 AM | Report Abuse

For Ql the next Domino to fall
=======

u see the market as a series of dominos....for successful investors, they see the market as a place to participate in the growth of companies......
09/01/2019 11:57
3iii https://docs.google.com/spreadsheets/u/1/d/1YuIjScYwulf8oOGyAXBdOXh3Ey...
Ben Graham’s Check-list for finding good undervalued stocks.



>>>>qqq3 calvin...I can see the logic of buying low...I cannot see the logic of buying of dead stocks, of buying mismanaged stocks, of stocks with lousy management...
>>>>


Good point. Even Benjamin Graham which Calvin worships insisted on both qualitative and quantitative margins of safety.




>>>>>
I further cannot see the logic of investing 5% in stock market spread over 50 stocks and talking so much......

calvin, I know u got 2 fans here...that raider and that sslee...sslee is a beginner and that raider is a guy with 1 year experience X 10.....can make money ah?
09/01/2019 01:15
>>>>>>
09/01/2019 12:39
calvintaneng Salam

Pinepac like Dutaland. Kwantas. Jtiasa. HARNLERN. Mphbcap are deep value assets play
09/01/2019 12:51
calvintaneng Calvin invest longer term

One stock is Umw

Bought in year 2004
Now 15 years already
09/01/2019 12:52
joetay7 Post removed. Why?
09/01/2019 13:05
Shinnzaii joetay...yesterday just baca...he did...

Posted by calvintaneng > Jan 20, 2018 12:47 PM | Report Abuse

One fella bought Carimin 200 lots.

In Carimin got support but in UMW OG ASB is selling.

That shows that Carimin is better than UMW OG

See
http://www.bursamalaysia.com/market/listed-companies/company-announcem...


Posted by calvintaneng > Jan 26, 2018 03:09 PM | Report Abuse

VERY GOOD

CARIMIN AT 42 SEN IS GOING AT A NICE 62% TO IPO
09/01/2019 13:10
Shinnzaii just that price enter not same...hehe
09/01/2019 13:12
joetay7 Post removed. Why?
09/01/2019 13:15
calvintaneng Hi guys

Foreign Funds are reading our posts

Please refrain from vulgar words
09/01/2019 13:19
joetay7 Post removed. Why?
09/01/2019 13:19
calvintaneng One of Calvin's buddy loaded up Cbip at Rm1.00 kaw kaw

Today he must be clapping his hands

All Calvin's stocks will have their day under the sun

Watch Guh, MUI Bhd, Insas, Dutaland, Talam, Eksons and etc etc

They are potent with Value... Latent with Power
09/01/2019 13:23
calvintaneng Power to Calvin's Chun Chun Bull's Eye Stock

Will Rocket up one by one in their time

Going Xi Gong Xi
09/01/2019 13:25
joetay7 Post removed. Why?
09/01/2019 15:19
fatimah dia mana ada standard!!!bising pandai!
09/01/2019 15:20
joetay7 Post removed. Why?
09/01/2019 15:23
Primeinvestor hahaha got stucked badly huh LOL
09/01/2019 18:55
SarifahSelinder calvintaneng


Semua lousy companies ni wait til second coming la


Second coming all shall b salvaged
09/01/2019 19:20
calvintaneng Selinder

2nd Coming of Jesus?

Yes

See www.chick.com
09/01/2019 19:37
calvintaneng Good evening all

Today I visited Booming Iskandar

Looks like quite a number of things going up in prices. Inflation?

High cost of rental or wages?

An FD rate of 3.5% cannot protect from the ravages of inflation

Chasing pump and dump hot stocks also too dangerous. Often you are the last to buy. And when syndicates dump without telling you. Then you are stuck

So invest in Value Safe Stocks with Good Dividend Support

If nothing happen still you receive good dividend protection
09/01/2019 20:56
calvintaneng joetay7 Post removed. Why?
09/01/2019 15:19

Naughty Joetay7 now banned by i3 Admin

Kudos to i3 forum admin team!

Great job!
09/01/2019 21:54
calvintaneng qqq3 calvintaneng > Jan 9, 2019 10:36 AM | Report Abuse

Just post you tip here for all fellow i3 forumers to buy cheap ok?
====================================


calvin.....since everyone here don't see value in QL but I do....why not just use QL against your pick......? 1 year money, 2 years money, 5 years money......
09/01/2019 10:45


I Went to see QL briefly

THIS QL will be the next to fall kaw kaw!
09/01/2019 23:39
calvintaneng Good morning

This qps9999 for clicking like

You are the rare only who clicked likes out of 111 comments

Thks
10/01/2019 06:18
Sales Calvintaneng always brings us to Holland.
10/01/2019 10:15
calvintaneng Sales

You should go and shout like this in QL Forum

THOSE WHO CHASED QL SHARES OVER RM6. 65 WILL ALL GO TO HOLLAND SOON!!!
10/01/2019 10:24
Sales Please give tips to those stock that not yet go up.
10/01/2019 10:43
calvintaneng Whoa

Say Calvin always bring you to Holland

AND next phrase is "Please give tips to those stock that not yet go up"?

OK ok

I want to give you a very chun chun tip

1. If got QL shares just sell as soon as possible

2. If you can go and short QL now.
10/01/2019 11:41
kenie Problem malaysia oil gas company.
https://klse.i3investor.com/blogs/muze/
10/01/2019 16:40
calvintaneng Yes

Carimin now over bought

Crude Oil down from USD80 to USD50 no good for Carimin

Only sorchai follow Uncle Pump & Dump

http://www.infomine.com/investment/metal-prices/crude-oil/3-month/
10/01/2019 16:43
joetay2 Post removed. Why?
11/01/2019 01:01
joetay2 Post removed. Why?
11/01/2019 01:04
calvintaneng QL RESOURCES - Shocking Manipulation Revealed & Funds Are Selling & Getting Out, Calvin Tan Research

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/189675.jsp
11/01/2019 01:38
qqq3 broken record, calvin?
11/01/2019 01:41
joetay2 but calvin, why u no join stock pick 2019????

i been wanting to see u walk the talk and get a ranking above me.

lol...........

Posted by calvintaneng > Jan 11, 2019 01:38 AM | Report Abuse

QL RESOURCES - Shocking Manipulation Revealed & Funds Are Selling & Getting Out, Calvin Tan Research

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/189675.jsp
11/01/2019 10:11
joetay2 Post removed. Why?
13/01/2019 15:46
joetay2 Post removed. Why?
14/01/2019 15:19


 

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