Highlights
KLSE: CARIMIN (5257)       CARIMIN PETROLEUM BHD MAIN : Energy
Last Price Today's Change   Day's Range   Trading Volume
1.17   0.00 (0.00%)  1.15 - 1.17  799,400
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Financials


Market Cap: 274 Million

Market Cap 274 Million
NOSH 234 Million

Latest Audited Result:  30-Jun-2019

Latest Audited Result: 30-Jun-2019
Announcement Date 29-Oct-2019
Next Audited Result: 30-Jun-2020
Est. Ann. Date: 29-Oct-2020
Est. Ann. Due Date: 27-Dec-2020

Latest Quarter:  30-Sep-2019 [#1]

Latest Quarter: 30-Sep-2019 [#1]
Announcement Date 27-Nov-2019
Next Quarter: 31-Dec-2019
Est. Ann. Date: 21-Feb-2020
Est. Ann. Due Date: 29-Feb-2020
QoQ | YoY   24.75%  |    3.35%

Annual (Unaudited) ( EPS: 12.32, P/E: 9.50 )

Revenue | NP to SH 443,005  |  28,816
RPS | P/RPS 189.42 Cent  |  0.62
EPS | P/E | EY 12.32 Cent  |  9.50  |  10.53%
DPS | DY | Payout % 3.00 Cent  |  2.56%  |  24.35%
NAPS | P/NAPS 0.68  |  1.73
YoY   214.86%
NP Margin | ROE 6.45%  |  18.21%
F.Y. | Ann. Date 30-Jun-2019  |  04-Sep-2019

T4Q Result ( EPS: 12.49, P/E: 9.37 )

Revenue | NP to SH 511,161  |  29,209
RPS | P/RPS 218.56 Cent  |  0.54
EPS | P/E | EY 12.49 Cent  |  9.37  |  10.67%
DPS | DY | Payout % 1.60 Cent  |  1.37%  |  12.81%
NAPS | P/NAPS 0.71  |  1.65
QoQ | YoY   1.36%  |    323.07%
NP Margin | ROE 5.78%  |  17.63%
F.Y. | Ann. Date 30-Sep-2019  |  27-Nov-2019

Annualized Result ( EPS: 20.72, P/E: 5.65 )

Revenue | NP to SH 608,972  |  48,432
RPS | P/RPS 260.38 Cent  |  0.45
EPS | P/E | EY 20.72 Cent  |  5.65  |  17.70%
DPS | DY | Payout % -
NAPS | P/NAPS -
QoQ | YoY   68.07%  |    3.35%
NP Margin | ROE 8.20%  |  29.24%
F.Y. | Ann. Date 30-Sep-2019  |  27-Nov-2019



Business Performance

Business Performance (By Quarter)

Trailing 4 Quarters Trailing 8 Quarters
Available Quarters 4 Quarters 8 Quarters
Continuous Quarters Of Revenue Growth 0 / 4 0.00% 0 / 8 0.00%
Total Positive Profit Years 4 / 4 100.00% 5 / 8 62.50%
Continuous Quarters Of Positive Profit 4 / 4 100.00% 5 / 8 62.50%
Continuous Quarters Of Profit Growth 2 / 4 50.00% 2 / 8 25.00%
Continuous Quarters Of Adjusted EPS Growth 2 / 4 50.00% 2 / 8 25.00%
Total Dividend Years 1 / 4 25.00% 1 / 8 13.00%
Continuous Quarters Of Dividend 0 / 4 0.00% 0 / 8 0.00%
Continuous Quarters Of Dividend Growth 0 / 4 0.00% 0 / 8 0.00%
Continuous Quarters Of Adjusted Dps Growth 0 / 4 0.00% 0 / 8 0.00%
Average ROE 4.59% 1.08%
Average Net Profit Margin 5.40% -3.64%

Business Performance (By Year)

Last 5 Financial Years Last 10 Financial Years
Available Years 5 Years 6 Years
Continuous Years Of Revenue Growth 2 / 5 40.00% 2 / 6 33.33%
Total Positive Profit Years 2 / 5 40.00% 2 / 6 33.33%
Continuous Years Of Positive Profit 1 / 5 20.00% 1 / 6 16.67%
Continuous Years Of Profit Growth 1 / 5 20.00% 1 / 6 16.67%
Continuous Years Of Adjusted EPS Growth 1 / 5 20.00% 1 / 6 16.67%
Total Dividend Years 2 / 5 40.00% 2 / 6 33.33%
Continuous Years Of Dividend 1 / 5 20.00% 1 / 6 16.67%
Continuous Years Of Dividend Growth 0 / 5 0.00% 0 / 6 0.00%
Continuous Years Of Adjusted Dps Growth 1 / 5 20.00% 1 / 6 16.67%
Average ROE -1.26% -1.05%
Average Net Profit Margin -3.48% -2.90%

Key Result

Key Result

T4Q Annualized Annual (Unaudited) Last 10 FY Average Last 5 FY Average
Revenue 511,161 608,972 443,005 163,833 196,600
NP to SH 29,209 48,432 28,816 -889 -1,067
Dividend 3,742 - 7,016 1,559 1,871
Adjusted EPS 12.49 20.72 12.32 -0.38 -0.46
Adjusted DPS 1.60 0.00 3.00 0.67 0.80

NP to SH = Net Profit Attributable to Shareholder, EPS = Earning Per Share, DPS = Dividend Per Share

All figures in '000 unless specified.

EPS & DPS's figures in Cent.


Growth

Growth (By Quarter)

LQ QoQ LQ YoY CQ YoY LQ vs Average of T4Q LQ vs Average of T8Q
Revenue -9.37% 81.05% 81.05% 19.14% 72.20%
NP to Owner 24.75% 3.35% 3.35% 65.81% 501.08%
Dividend 0.00% 0.00% 0.00% 0.00% 0.00%
Adj. EPS 24.82% 3.39% 3.39% 65.89% 501.45%
Adj. DPS 0.00% 0.00% 0.00% 0.00% 0.00%

LQ = Latest Quarter, CQ = Cumulative Quarter, T4Q = Trailing 4 Quarters, T8Q = Trailing 8 Quarters, QoQ = Quarter on Quarter, YoY = Year on Year

Growth (By Year)

T4Q vs LFY T4Q vs AL5FY T4Q vs AL10FY AQR vs LFY AQR vs AL5FY AQR vs AL10FY LFY YoY LFY vs AL5FY LFY vs AL10FY
Revenue 15.38% 160.00% 212.00% 37.46% 209.75% 271.70% 223.86% 125.33% 170.40%
NP to Owner 1.36% 2,836.98% 3,384.37% 68.07% 4,638.23% 5,545.88% 214.86% 2,800.15% 3,340.18%
Dividend -46.67% 100.00% 140.00% - % - % - % 0.00% 275.00% 350.00%
Adj. EPS 1.38% 2,839.04% 3,386.84% 68.18% 4,643.86% 5,552.63% 214.82% 2,801.76% 3,342.11%
Adj. DPS -46.67% 100.00% 140.00% - % - % - % 0.00% 275.00% 350.00%

T4Q = Trailing 4 Quarters, T8Q = Trailing 8 Quarters, AL5FY = Average of Last 5 Financial Years, AL10FY = Average of Last 10 Financial Years, LFY = Latest Financial Year AQR = Annualized Quarter Result, YoY = Year on Year

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  7 people like this.
 
moneyfind Aiyo come here promote dayang?dayang now start to dying...total correction like others energy counter...I in Carimin at 1.10 and wait until february lo
16/12/2019 12:13 PM
OTB Posted by teoct > Dec 16, 2019 11:18 AM | Report Abuse

Petronas Activity Outlook 2020-2022 is out. This can be downloaded at Petronas-media site.

Page 57 indicated that for 2019, MCM planned manhours (mhrs) was 17.7 m mhrs while actual came in at 15.2 m mhrs (this is the first time Outlook included actual figures). Base on 15.2 m mhrs, already all the three companies had much improved performance.

Now for 2020, the planned mhrs is 18.9 m (previous 2019-2021 outlook for 2020 was 17.6 m mhrs, thus a 7.4% increase). Imagine next year what would be the performance - much better than 2019 for sure IMHO.

And this is MCM only, I have not looked at HUC etc.
16/12/2019 12:17 PM
OTB Kenanga Investment Bank Bhd Research has maintained its "Neutral" call on the oil and gas sector, noting that it is positive on the Activity Outlook for 2020-2022 by Petronas and feels comforted that upstream activities would continue to stay elevated from the surge in 2019.

Big winners from Petronas' Activity Outlook. Among them are fabricators (e.g: MHB, SAPNRG), which will benefit from the surge in numbers of wellhead platforms (WHPs).

Based on the Activity Outlook, Kenanga Research said marine vessel providers (e.g: PERDANA, ALAM, ICON, COASTAL) will benefit from the huge rise in demand for offshore support vessels (OSVs).

Kenanga Research also highlighted that offshore players (e.g: DAYANG, CARIMIN) will continue to enjoy increased maintenance, construction and modification work orders.

"Meanwhile, VELESTO whose rig fleet are currently fully chartered out, is expected to continue to enjoy high utilisation rates amidst sustained drilling rig demand,"
16/12/2019 12:23 PM
Bluey Good job OTB. Always at hand to clarify blur situations. Am strong believer that Carimin will find new high soon. Good luck all investors.
16/12/2019 1:09 PM
noinoi HUC is the one that have higher profit margin. MCM margin is way too low. So the focus shd be on HUC. Better Buy Dayang.
16/12/2019 2:31 PM
Ed168 all playing plantation and construction now. o
17/12/2019 8:39 AM
cooldownguy86 @Yu and Mee - how do come up with the assessment that downside is higher if not close above 1.30?
18/12/2019 12:19 PM
diehardunited The next skyrocket stock akin to Carimin: https://klse.i3investor.com/blogs/fatprofitstock/2019-12-18-story-h148...
18/12/2019 5:46 PM
dusti Many investors have probably gone on holiday so not much excitement............can put some money on Carimin’s number, 5257 ha, ha, ha. Merry Christmas & Happy New Year all. Let’s zoom in 2020.!!!!!!!
20/12/2019 3:35 PM
bc8660 lucky number to win 4d? But I think the recent price stagnant might because of someone who tries to goreng Dayang and press down the price on other peers.
20/12/2019 3:48 PM
dusti Touch 1.47 by Friday?
23/12/2019 11:38 AM
Fooksing Wong feel will rebound soon :)
25/12/2019 10:39 AM
mohdkhidir https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3012573
30/12/2019 1:48 PM
Wanpendang How much value of contract?
30/12/2019 2:41 PM
OTB All contracts awarded to others also never mention the contract value.
The share price of the stock awarded the contract will move up higher after this announcement.
Hope this good news will help to move up the share price of Carimin.
Thank you.
30/12/2019 2:46 PM
Wanpendang 10q OTB....hopefully can up with this contract...10q also for ur info in Jaks...very helpful...now i transfer to carimin 1st...haha...
30/12/2019 2:55 PM
Wanpendang Have any TP for carimin mr OTB?
30/12/2019 2:55 PM
Bluey Wonderful news for CARIMIN. Good Luck and Happy n Prosperous 2020 to all
30/12/2019 3:26 PM
bc8660 Very good my carimin, huat ah!
30/12/2019 3:28 PM
MingGoon Thanks Ooi Teik Bee.
I always value your opinion, and always happy to see your thought...

Wonderful news for Carmin.
Carimin 1.25 with 2.2 Million Volume changing hands today.

Tomorrow Carimin will go higher as tomorrow is the last day of 2019
Carimin will have a good high price to start 2020 with a bang !!
30/12/2019 3:50 PM
OTB I prefer Carimin because of free cash flow in its financial statement.
Hopefully the new contract will help to move up the share price.
Thank you.
30/12/2019 3:55 PM
bc8660 Carimin is one of the net cash company is this sector.
30/12/2019 4:29 PM
bjgdila123 sell follow directors
31/12/2019 8:43 AM
ciaksai Directors sold at 1.3 OTB never informed?
31/12/2019 9:54 AM
ciaksai 30-Dec-2019 Insider TAN SRI DATO' KAMARUZZAMAN BIN SHARIFF (a company director) disposed 150,000 shares at 1.300 on 26-Dec-2019.
31/12/2019 9:55 AM
stock_hunt maybe the director is noy informed they will get a new contract perhaps...so he sold...and realise a=after that...haha
01/01/2020 9:42 PM
whywhy22 150k of shares is small amt
02/01/2020 12:14 PM
kariwong9394 02/01/2020 12:53 PM

OTB stock pick 2020 is as follows:

1. JAKS - 30%
2. PPHB - 15%
3. VIS - 15%
4. Carimin - 10%
5. Uzma - 10%
6. JTiasa - 10%
7. Krono - 10%

Thank you.
OTB
01/01/2020 10:26 AM
02/01/2020 12:53 PM
dusti OTB What is your take on KYY’s article dated 30/12/19?
03/01/2020 9:29 AM
LibraInvestor All in carimin
04/01/2020 8:26 PM
moneykj Gold related counter:

https://gma98.blogspot.com/2020/01/blog-post.html?m=1
06/01/2020 7:19 AM
LibraInvestor Now i holding 80% oil stocks, and 20% gold stocks.
Buy some gold, all in oil can be risky, recommend pohkong
06/01/2020 9:48 AM
Steven1717 waiting iraq war with big bro
07/01/2020 1:16 PM
Bluey Carimin needs to wake up soon. It is on the buy list of many notables. From trading pattern too many T+3 kakis are involved. These guys must take it easy; in its present mode Carimin is not suitable for play -play. Good luck anyway.
07/01/2020 3:32 PM
LouisLim Dow future rebound from -440 to -161
08/01/2020 2:26 PM
dusti Stop nonsense comments. I think the market is working its way towards a mini boom for CNY.
09/01/2020 9:54 AM
luckyman If the company can maintain the significant big jump in its quarterly revenue seen in the last two quarters for the remaining current financial year, then its share price may be able to climb above the RM2 mark in the next 8 months. Let's first see its next quarterly result by end of February.
09/01/2020 8:12 PM
trading2019 Dayang bags four year contracts from Petronas Carigali. What about Carimin?
13/01/2020 8:13 PM
trading2019 How come Carimin didn't react to the news of it been awarded a 4-year contract from Petronas Carigali like how Dayang reacted today? https://www.theedgemarkets.com/article/carimin-gets-4year-contract-petronas-carigali
13/01/2020 8:44 PM
moneyfind I think Tomorow show..
Carimin uptrend to feb for past 5 years.
Gud luck guys
13/01/2020 11:50 PM
bc8660 It's funny enough where Dayang and Carimin are awarded similar Petronas contract but Dayang reacted fiercely by up 0.20++ but Carimin was downtrend since the same contract awarded.
14/01/2020 9:14 AM
kariwong9394 PE & Dividen comparison for O&G counter
---------------------------------------------------------

Dayang : RM 2.70 PE = 11.2 Dividen = no
Carimin : RM 1.22 PE = 9.77 Dividen = 3 cent
Uzma : RM 0.95 PE = 9.53 Dividen = no
Penergy : RM 1.33 PE = 6.93 Dividen = 4 cent


Conclusion : Dayang is overvalued and Penergy is undervalue
14/01/2020 11:27 AM
Bluey Carimin appears to be still sleeping. Maybe we should look at other counters in peaceful slumber like Mflour and Willow, in the hope that one will wake up in good time, to give an ANG POW. Good luck Fellow Investors!
14/01/2020 1:21 PM
yongch Hahaha...already said this counter big players FM waiting for ikan bilis come in n big sell started from 1.20..1.19..1.18...tp 1.0!No point u BUY call now,the more u acquired the more dropping!!!!kikiki...tp1.0!
15/01/2020 9:28 AM
Dinasour gotta to run.. GG
17/01/2020 3:58 PM
luckyman https://klse.i3investor.com/blogs/stock_pick_2020/2020-01-04-story-h1482032737-Stock_Pick_Year_2020_by_The_Star.jsp

Going forward, Carimin’s earnings momentum is expected to be underpinned by two main factors. Firstly, we expect high levels of maintenance works for the HUC and TMM segments in 2020.

Secondly, Carimin’s venture into sub-sea activities is expected to contribute positively as it commands higher margins compared with its existing MCM business. To recap, Carimin ventured into the sub-sea segment with the acquisition of a 60% stake in Subnautica Sdn Bhd in March 2019.

(Subnautica has been licensed by Petronas to undertake subsea underwater inspections, repair as well as maintenance (“IRM”) works and services. These services typically encompass platform and pipeline inspection, structural integrity as well as debris clearance activities.

Subnautica has been awarded a contract for the provision of a Dynamic Positioning 2 (“DP2”) diving support vessel that includes an inspection class remotely operated vehicle (“ROV”) with competent personnel. Through this acquisition, Carimin was able to immediately provide
subsea IRM capabilities, thus benefiting from the contract secured. The medium-term to post-2020 demand outlook remains favourable for Carimin’s new subsea business as Petronas in its execution of scheduled underwater services programme supports the use of locally owned assets.)

It has a strong balance sheet with a net cash (including short-term investments) position of RM106mil (equivalent to about 37% of its market cap) as of end-September 2019.

Carimin’s resilient balance sheet has enabled the company to weather the recent oil and gas industry downturn without the need for an equity call.

Valuation-wise, Carimin trades at a price earnings ratio of 8x for FY20, which is at a discount to its peers and the market.
18/01/2020 11:11 PM
calvintaneng Posted by calvintaneng > Jan 22, 2020 8:22 AM | Report Abuse X

WE INVEST NOT BY LOOKING AT PAST RECORDS

CALVIN INVESTED IN CARIMIN AT 39 SEN WHEN ITS PAST RECORDS WERE AS BAD AS NETX NOW

THE GAME CHANGER FOR CARIMIN WAS PETRONAS RM30 BILLIONS JOB AWARDS FOR OGSE UPSTREAM

AFTER GETTING JOBS THE FORTUNES OF CARIMIN CHANGED AND PRICE UP OVER 200%

SO THE GAME CHANGER FOR NETX IS RM50.3 BILLIONS FIBERISATION THRUST

WHEN CARIMIN WAS SO NETX IS

CARIMIN TOO HIGH TOO CHASE NOW

NETX IS CERTAINLY TOO CHEAP TO IGNORE
22/01/2020 8:23 AM
Dinasour hit bottom already. time to collect stocks~
22/01/2020 10:55 AM
yongch Hahaha...finally got people who also acquired below rm0.50 before,But this counter too many fund managers hold & waiting to SELL...fair price RM1.0!!!so those who will to come in may just wait ya otherwise now the more u buy the more drop drop drop...tp1.0!!!!
23/01/2020 8:57 AM
trading2019 TP of 1.3 by UOB is a little too conservative based on the coming Quarterly Earning. Keep holding and topping.
24/01/2020 9:40 AM