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Overview
Financial Highlight
HeadlinesBusiness Background Carimin Petroleum Bhd provides technical and engineering support service to oil and gas industry. The company's services include hook up, commissioning production platform system maintenance and upgrading, manpower supply and minor fabrication service.
  Will76 Oil price plunge to USD66/barrel this morning. Looks like trade war between CHINA & USA will intensified further. I suspect oil price will plunge further, maybe below USD60 next month. Carimin QR Sep 2018 : NP = 11.5mil Dec 2018 : NP = 5.2mil Mar 2019 : NP = 2mil Carimin has reported declining net profit for last 2 QR. Will Carimin report another declining net profit or maybe net loss next QR? I suspect likely. With all the NEGATIVE catalyst for Carimin, Its time to SELL and NOT BUY. Be RATIONAL guys 31/05/2019 12:45 PM  calvintaneng Sell carimin? Then buy what leh? CAN BUY UZMA, T7 GLOBAL OR AZRB! A LOOK AT PETRONAS LATEST GOOD QUARTER RESULT OF 9% EARNINGS GROWTH, Calvin Tan Research https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/209105.jsp 31/05/2019 7:10 PM Will76 Wow! Oil price PLUNGED 5% to USD62/barrel last Friday. Carimin most likely DROP A LOT tomorrow. I will sell first thing in the morning 02/06/2019 8:33 PM kariwong9394 ready to collect Carimin.... Come on Carimin... End of this month, after the G20 the share will up.... Always remember **** Buy Low Sell High ***** 02/06/2019 11:44 PM Primeinvestor only silly people go and cut loss now, haha, carimin revenue is all time high, utilisation rate turns, then u get 10mil profit next quarter again, please buy from me at 90cents, thanks 03/06/2019 9:54 AM apple168 https://www.cnbc.com/2019/06/05/oil-markets-us-crude-inventories-rosneft-comments-in-focus.html 05/06/2019 10:57 PM Will76 Be RATIONAL guys. Oil price plunge to USD62/barrel. Looks like trade war between CHINA & USA will intensified further. President Xi & Trump will LIKELY NOT MEET at G20 for trade talk end of this month. I suspect oil price will plunge further, maybe below USD60 this month. Its time to SELL and NOT BUY. Be RATIONAL guys 07/06/2019 11:53 AM Dandanjoe https://www.malaysia-chronicle.com/?p=165969 Malaysia beneficiary of us China trade war 07/06/2019 12:56 PM Dandanjoe https://www.malaysia-chronicle.com/?p=165969 Malaysia beneficiary of us China trade war 07/06/2019 12:59 PM Dandanjoe https://www.malaysia-chronicle.com/?p=165969 Malaysia beneficiary of us China trade war 07/06/2019 1:02 PM Bus0829 Wil76, don't simply write, oil price already up 64/barrel, your parents never teach u? Or u son of bitch? Dont understand English, eat shot grow up? 08/06/2019 6:55 PM Bus0829 Wil76, go attend Course by OTB, at PJ 25-6 The cheapest price rm4500, and dont waste your time here talk nonsense 09/06/2019 6:34 PM siaoliao siapa mahu attend my course ........rm6000 , 1 blow job, cow riding , leg job with exclusive massage oil ....only available in JUNE 10/06/2019 11:39 AM Bullbursa I in .59 sen now making 30% profit in two weeks...hahaha....pui all the experts tokok predictions and analysis..Going to BMW showroom now wakaka.. 10/06/2019 12:04 PM CaptainKeng Only for the brave lor. My buying price 60c and I am selling cheap cheap my 3rd batch. Who wants? 10/06/2019 2:10 PM dusti So many clever, clever kids around. Really made money; what about the loss? Balance? Donate some to charity. 11/06/2019 4:58 PM Will76 NEWS FROM THE STAR ONLINE TODAY "China will respond firmly if the United States insists on escalating trade tensions, the foreign ministry said on Tuesday after U.S. President Donald Trump said further tariffs were ready to kick in if no deal was reached at June's G20 summit." "Trump has repeatedly said he is getting ready to meet Chinese President Xi Jinping at the Osaka summit at the end of June, but China has not confirmed it." "Trump said last week he would decide after the meeting of the leaders of the world's largest economies whether to carry out a threat to impose tariffs on at least $300 billion in Chinese goods." SUMMARY TRADE WAR between CHINA & US is very likely going to ESCALATE and oil price has fallen to USD62/barrel today, which is likely to fall further moving forward. CORRECTION in Oil & Gas counter likely will be coming soon. 11/06/2019 11:20 PM Will76 BREAKING NEWS FROM CNBC "Oil prices sank on Wednesday following government data that showed another rise in U.S. crude stockpiles and as the market continues to grapple with concerns about weakening fuel demand." "Brent crude, the international benchmark for oil prices, was down $1.14, or 1.8%, at $61.15 around 10:40 a.m. ET (1435 GMT). Brent hit a session low at $60.30 in early morning trading." "U.S. West Texas Intermediate crude futures fell $1.18, or 2.2%, to $52.09 per barrel. WTI fell as low as $51.46 earlier in the session." 13/06/2019 12:12 AM Will76 "Affin Hwang Capital Research has downgraded the Oil & Gas sector (O&G) to “Neutral” (from Overweight) and said with heightened uncertainty over global demand and a good run-up in O&G stock prices in 1H19, the risk-reward profile is skewed to the downside." 18/06/2019 9:50 AM Will76 BREAKING NEWS FROM BLOOMBERG "Oil slipped further into a bear market as American factories and homebuilders offered the latest signs of weakening demand." "Futures slid 1.1% in New York while London-traded Brent crude fell almost 2% as OPEC and its allies struggled to pick a meeting date to discuss supply cuts. In the U.S., the Federal Reserve found a record slowdown in June for New York State factories while sentiment among housing contractors unexpectedly dropped for the first time all year." "West Texas Intermediate for July delivery closed 58 cents lower at $51.93 a barrel on the New York Mercantile Exchange. Brent for August settlement fell $1.07, or 1.7%, to $60.94 a barrel on London’s ICE Futures Europe Exchange." 18/06/2019 9:58 AM dusti Oil price has negligence impact on Carimin where contract has been firmed several years forward. Big boys are obviously collecting. 18/06/2019 3:15 PM  |
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