• • 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.

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

TAN SRI DATO' KAMARUZZAMAN BIN SHARIFF	29-Sep-2017	Acquired	950,000	0.470
MR LIM YEW HOE	14-Aug-2017	Acquired	1,000,000	0.295
MR LIM YEW HOE	14-Aug-2017	Disposed	1,000,000	0.295
MR LIM YEW HOE	19-Jul-2017	Acquired	4,300,000	0.295
MR LIM YEW HOE	19-Jul-2017	Acquired	281,900	0.295
MR LIM YEW HOE	03-Jul-2017	Acquired	5,000,000	0.320

 CALVIN HAS A MODEST  TARGET PRICE FOR CARIMIN AT 80 SEN

REGARDS, Calvin Tan Research, Singapore

 As of now Carimin share price is 93 sen, which is 13 sen more than Calvin's target price of 80 sen

NOW THESE ARE THE TOP 8 REASONS WHY YOU SHOULD BUY DESTINI

1) DESTINI HAS JUST RECEIVED 2 FRESH JOB AWARDS (ONE FROM SHELL (MALAYSIA) & ONE FROM PETRONAS (THAILAND)

Just as Carimin received Job awards in Sept 2017 although its balance sheet was still negative Calvin confidently called for a buy at 39 sen...today DESTINI Balance sheet is at least positive

See Carimin balance sheet then

Quarterly rpt on consolidated results for the financial period ended 30 Sep 2017

 SEE THE ABOVE: THE TIME TO BUY CARIMIN WAS DUE TO ITS FUTURE EARNINGS {Even though in January 2018 result was still negative it was Still A Chun Chun Buy for the Brave.)

Today after good results are out every Tom, Dick or Harry will also chase Carimin

SO LOOK AHEAD : DESTINI IN ONE YEARS TIME WILL ALSO REPORT GOOD REVENUES & EARNINGS JUST LIKE CARIMIN. 

By then DESTINI SHARE PRICE WOULD ALSO BE AT 93 SEN OR EVEN MORE!!!

2) LIKE 5 OGSEs - DESTINI is Also Receiving More Off Shore & On Shore Jobs from Petronas.

Better Still - Petronas Is Awarding Rm50 Billions capex for year 2019 of which Rm15 Billions go to Upstream in Malaysia (domestic) Rm35 Billions will be awarded to International Jobs outside Malaysia. And since DESTINI Won the Petronas Job Award in Thailand - it is a testimony to the Superior Management of Destini in securing Jobs on its own Skill & Merit

3) NO FEAR OF BN LINK FOR THIS REASON

People feared When I called for a Buy on Naim because they said Naim belongs to Mohd Taib.

And Naim even gone Limit Up to Rm1.30 for more than 140% gain

People also complained When I recommended Penergy because they said Top Boss of Penergy is a crony of Ex PM Najib. And Penergy powered to Rm1.20 for over 50% gain

There is a fear because people think Director Dato Rozabil is linked to UMNO

Now why you shouldn't  fear about Destini. Why?

Answer

Please refer to Annual Report of Destini (2017)

1. AROMA TERAJU SDN. BHD. 200,000,000 17.31

THE TOP SHAREHOLDER OF DESTINI WAS AROMA TERAJU

NOW SEE THIS

TOP 30 SHAREHOLDERS OF DESTINI

1. AROMA TERAJU SDN. BHD. 200,000,000 17.31%

AND AROMA TERAJU IS OWNED BY THE MINISTER OF FINANCE (CURRENTLY UNDER LIM GUAN ENG)

SO MOF (MINISTER OF FINANCE INC, GOVT OF MALAYSIA) IS TOP HOLDERS OF DESTINI WITH 200 MILLION SHARES AT 17.31%

4) SAVVY INVESTOR BRAHMAL OF CREADOR FUND IS ALSO IN TOP 30 SHAREHOLDERS OF DESTINI

SEE

21. CIMSEC NOMINEES (TEMPATAN) SDN. BHD. BENEFICIARY: CIMB BANK FOR BRAHMAL A/L VASUDEVAN (PBCL-0G0115) 10,000,000 0.87

BRAHMAL HAS 10 MILLION DESTINI SHARES AT 0.87%

A CHECK WITH BRAHMAL ENTRY COST SHOWS HE BOUGHT DESTINI SHARES FROM NEAR 60 SEN TO NEAR 90 SEN

SO AT 31.5 SEN OUR ENTRY COST IS ONLY HALF OF BRAHMAL ENTRY PRICE

SAVVY INVESTOR WAS KNOWN TO HAVE BOUGHT MYEG AND MADE 300% AS WELL AS SMRT & MADE 140%

ANOTHER STOCK GOING FOR IPO SOON IS THE VERY POPULAR (DO IT YOURSELF (DIY) SHOP WHICH BRAHMAL HAS INVESTED HEAVILY

5) SINCE BRAHMAL LOWEST ENTRY COST WOULD BE AROUND 70 SEN IT IS VERY POSSIBLE THAT HE TARGETS RM1.40 FOR DESTINI BEFORE CASHING OUT

IF SO THEN AT CURRENT PRICE OF 31.5 SEN - THERE IS A 344% EXPECTED UPSIDE FOR DESTINI

6) MINISTER OF FINANCE APPOINTS ITS OWN PEOPLE AS DIRECTOR OF DESTINI

SEE

Change in Boardroom

Qualifications

Master of Finance

University of Adelaide, Australia

 RECENTLY MOF HAS APPOINTED ITS OWN MINISTER AS ONE OF DESTINI DIRECTOR

SEE

Kementerian Kewangan Malaysia

YBhg. Tan Sri Dr. Mohd. Irwan Siregar bin Abdullah [Ketua Setiausaha Perbendaharaan] YBhg. Dato’ Dr. Mohamad Isa bin Hussain [Setiausaha Bahagian Syarikat Pelaburan Kerajaan] YBhg. Datuk Ahmad Badri bin Mohd Zahir [Setiausaha Bahagian Pelaburan Strategik] Puan Normazli binti Abdul Rahim [Peguam Cara Perbendaharaan] Encik Ahmad Suhaimi bin Endut [Timbalan Setiausaha Bahagian Syarikat Pelaburan Kerajaan] Encik Razali bin Othman [Ketua Penolong Setiausaha Kanan Seksyen Penilaian, Penswastaan dan Pembiayaan] Puan Afidah Azwa binti Abdul Aziz [Ketua Penolong Setiausaha Kanan Seksyen Penilaian, Penswastaan dan Pembiayaan] Encik Faisal@Pisal bin Abdul Ghani [Ketua Penolong Setiausaha Sektor Tadbir Urus Korporat] Encik Mohd Shihabuddin bin Mukhtar [Ketua Penolong Setiausaha Sektor Strategik dan Am] Encik Iszad Jefferi bin Ismail [Ketua Penolong Setiausaha Sektor Strategik dan Am] Puan Noorhasnida binti Khairuddin [Penolong Setiausaha Seksyen Penilaian, Penswastaan dan Pembiayaan] Encik Mohamed Farhan bin Mohamed Ainuddin [Penolong Setiausaha Seksyen Penilaian, Penswastaan dan Pembiayaan] Encik Anas Hilmi bin Ahmad [Penolong Setiausaha Sektor Strategik dan Am] Encik Muhammad Khairul Fuadi bin Hamdan [Penolong Setiausaha Sektor Komersil] Encik Mohd Zahrain bin Mohd Nor [Setiausaha Sulit Kanan Ketua Setiausaha Perbendaharaan]

7) SO NOW DESTINI IS IN GOOD HANDS (DESTINI ALREADY CAPTURED 40% OF GOVT LINKED JOBS & 60% PUBLIC LISTED JOBS

GOING INTO YEAR 2019 DESTINI IS DESTINED TO PERFORM EXCEPTIONALLY LIKE NEVER BEFORE!!

8) so FILLED WITH HIGH HOPE & PROSPECT INSIDERS ALSO BOUGHT UP DESTINI SHARES AS HIGH AS 85 SEN

SEE

DATO' ROZABIL @ ROZAMUJIB BIN ABDUL RAHMAN	08-Sep-2017	Acquired	7,500,000	0.710
DATO' ROZABIL @ ROZAMUJIB BIN ABDUL RAHMAN	05-Sep-2017	Acquired	7,500,000	0.730
DATO' ROZABIL @ ROZAMUJIB BIN ABDUL RAHMAN	05-Sep-2017	Acquired	15,000	0.588
DATO ROZABIL @ ROZAMUJIB BIN ABDUL RAHMAN	28-Jul-2017	Acquired	22,000	0.649
DATO ROZABIL @ ROZAMUJIB BIN ABDUL RAHMAN	25-Jul-2017	Acquired	50,000	0.670
DATO' ROZABIL @ ROZAMUJIB BIN ABDUL RAHMAN	14-Jul-2017	Acquired	30,000	-
DATO' ROZABIL @ ROZAMUJIB BIN ABDUL RAHMAN	16-Jun-2017	Acquired	30,000	0.695
DATO' ROZABIL @ ROZAMUJIB BIN ABDUL RAHMAN	07-Jun-2017	Acquired	20,000	0.700
DATO' ROZABIL @ ROZAMUJIB BIN ABDUL RAHMAN	13-Apr-2017	Acquired	120,000	0.750
DATO' ROZABIL @ ROZAMUJIB BIN ABDUL RAHMAN	03-Jan-2017	Acquired	10,000	0.630
DATO' ROZABIL @ ROZAMUJIB BIN ABDUL RAHMAN	30-Dec-2016	Acquired	30,000	0.640
DATO' ROZABIL @ ROZAMUJIB BIN ABDUL RAHMAN	29-Nov-2016	Acquired	10,000	0.660
DATO' ROZABIL @ ROZAMUJIB BIN ABDUL RAHMAN	28-Nov-2016	Acquired	140,000	0.710

DATO' ROZABIL @ ROZAMUJIB BIN ABDUL RAHMAN	28-Sep-2016	Acquired	15,700	0.823
DATO' ROZABIL @ ROZAMUJIB BIN ABDUL RAHMAN	20-Sep-2016	Acquired	50,000	0.850

9) THE BEST OF THE VERY BEST REASON TO BUY DESTINI IS THIS: ITS PRICE IS DIRT CHEAP AT 31.5 SEN

AFTER SECURING 2 JOB AWARDS LAST WEEK PRICE OF DESTINI SURGED SOMEWHAT AND THEN WEAKENED

PEOPLE THINK DESTINI IS NOW TOO EXPENSIVE (WRONG THINKING & WRONG ASSUMPTION)

SAME DOUBT HAPPENED WHEN CALVIN CALLED FOR A BUY ON PENERGY AT 75 SEN

DOUBTERS SAID PENERGY ALSO WENT LIMIT UP FROM 42 SEN TO 72 AND SO PRICE CAN ONLY GO DOWN AGAIN AND THEREFORE CANNOT BUY

HOW WRONG THEY ALL WERE

PENERGY POWERED TO RM1.20 FOR 60% GAIN

SO NOW DESTINI IS ONLY 31.5 SEN AND PEOPLE STILL SAY THE SAME THING AND DOUBT THE SAME DOUBT

SURE.

ALL THESE HAVE MISSED THE CARIMIN BOAT, THE NAIM BOAT, THE PENERGY BOAT 

AND WILL ALSO GOING TO MISS THE DESTINI BOAT

WHO WILL RISE UP TO THE OCCASSION TO BUY DESTINI WHILE STILL CHEAP AT 31.5 SEN?

WHO WILL TAKE ACTION NOW AND CHANGE HIS FUTURE DESTINY FOR THE BETTER!!

IF YOU DON'T ACT NOW; OR SLOW TO ACT THEN YOU ARE FATED TO MISS ANOTHER GOLDEN OPPORTUNITY

10) CALVIN HAS A MODEST TARGET PRICE FOR DESTINI AT ONLY RM1.00 (WHICH IS AT LEAST 200% UPSIDE FROM 31.5 SEN WHICH I THINK IS HIGHLY POSSIBLE

BEST REGARDS

Calvin Tan

Singapore

Please buy/sell after doing your own due diligence