Dear Friends, Investors & Traders,

Last time in January 26 2018 Calvin saw Petronas dishing out Rm60 Millions Job Award to Carimin after a long drought of several years since Crude Oil crashed to USD27 per barrel (After 3 to 4 years without Fresh Job Awards Many O&G Entities floundered like Swisbor & Ezra in Singapore. And in Malaysia shares of Sumatech, Daya, Thheavy, Barakah, Perisai & others gone into insolvency

But Carimin survived & stood out due to its clean balance sheet

And the Rm60 Millions fresh job award caught my attention

See

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

Carimin was 39 sen then. Today Carimin is Rm1.13 or up or up 289%

Check out the facts & figures yourselves

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/145533.jsp

https://www.google.com/search?q=carimin+i3&oq=carimin+i3&aqs=chrome..69i57j0l2j69i60.4938j1j4&sourceid=chrome&ie=UTF-8

THE MAIN LIFE GIVING BOOSTER FOR CARIMIN WAS DUE TO PETRONAS RM30 BILLIONS CAPEX

NOW CALVIN SEES HUGE POTENTIAL IN REDTONE (0032) AS ANOTHER CARIMIN IN WAITING

LIKE CARIMIN WITH THE BOOSTER FROM PETRONAS HUGE SPENDING - REDTONE ALSO STAND TO BENEFIT A LOT BY THE UPCOMING 12 MP EMPHASIS ON DIGITAL ECONOMY WITH RM21.6 BILLIONS CASH INFUSION IN LAST MILE INTERNET CONNECTIVITY INTO ALL RURAL AREAS OF MALAYSIA

THE PIE FROM PETRONAS WAS HUGE - RM30 BILLIONS - BUT OGSE PLAYERS ARE ALSO MANY

IN NFCP CASE THE PIE IS RM21.6 BILLIONS OR 72% OF PETRONAS RM30 BIL CAPEX

BUT THE PLAYERS IN TIER ONE DIGITAL ECONOMY LISTED STOCKS ARE FEW

AMONG TOP PLAYERS ARE OPCOM, REDTONE, NETX, GPACKET & OCK

SO FEW PLAYERS TO SHARE SUCH A BIG PIE?

THIS WILL BE THE ONCE IN A LIFE TIME EARNING OPPORTUNITY FOR THESE CHOSEN PLAYERS OF THE DIGITAL AGE FOR MALAYSIA'S BRIGHT FUTURE

REDTONE  ALREADY HAS A CLEAN BALANCE SHEET LIKE CARIMIN WITH OVER RM50 MILLIONS IN NET CASH & LITTLE DEBT

AND THE LATEST GOOD NEWS

REDTONE HAS JUST BEEN AWARDED A NICE RM130 MILLIONS JOB AWARD 

See

REDtone MEX bags RM130 mln medical contract in Sri Lanka

KUALA LUMPUR, Oct 2 -- REDtone MEX Sdn Bhd has secured a RM130 million contract to provide medical imaging, filmless radiology information system infrastructure and network connectivity to 20 hospitals in Sri Lanka, including the National Hospital in Colombo.

It will also be setting up a teleradiology command centre in a secured datacenter with a telecommunications operator, enabling radiologists to remotely store, retrieve, view and analyse images, the company said in a statement today.

Chief executive officer Yee Kar Fong said the command centre and the utilisation of Artificial Intelligence will drive efficiency and productivity by pooling together radiologists and medical specialists to promptly diagnose, improve treatment plans and prescribe treatments to patients speedily, especially in the rural areas.

“This should, over time, improve the quality of healthcare services in Sri Lanka. Additionally, the Sri Lankan government can derive significant cost savings through the implementation of this system as the current practice of buying radiology films, printing, distribution and storage is inefficient and expensive,” he said.

The company said the healthcare industry in Sri Lanka currently faces various challenges, including medical care delivery turnaround time, shortage of radiologists and rising costs.

REDtone MEX is a healthcare technology and services company that provides teleradiology, picture archiving and communication system and filmless radiology information systems to hospitals, medical centres and clinics.

-- BERNAMA

REDTONE ALREADY IN THE BLACK AND EVEN PAYS A SMALL DIVIDEND

Latest Quarter Report shows 0.84 sen profit

See

REVENUE OF RM32.534 Millions generated a net profit of 0.84 sen 

How much profit will Rm130 Millions get?

So Rm130 millions divided by Rm32.534 millions  multiply by 0.84 sen

= 3.356 sen

Bringing it to nearest decimal

3.36 SEN

Latest quarter profit is 0.84 sen

So 3.36 sen is how many times more than 0.84

So divide 3.36 by 0.84 = Exactly 4 times!!

WAHAHA!!

MATHS IS SO INTERESTING

FROM HERE WE CAN SEE THAT JUST THIS FRESH JOB AWARD WILL RESULT IN 4 QUARTER EARNINGS OF 0.84 OR EQUIVALENT TO WHOLE YEAR OF CURRENT EARNINGS

WITH THAT GOOD JOB SECURED IN THE BAG WE CAN SLEEP REALLY WELL

BUT MORE!!

LIFT UP YOUR EYES AND LOOK AHEAD!!

A WHOPPING RM21.6 BILLIONS FRESH JOB AWARD IS COMING SOON = RM21.6 BILLIONS WORTH

AND REDTONE IS AMONG THE TOP PLAYERS IN THE VERY FOREFRONT

SEE WHAT i3 FORUM ADMIN WROTE ABOUT REDTONE

Refer to Redtone i3 forum page

Business Background

 1) Telecommunications Services which offers data and voice services to government, enterprises, and small and medium enterprises (SMEs)

DATA & VOICE SERVICES TO GOVT (LIKE GPACKET?)

2)  Managed Telecommunications Network Services (MTNS) which includes building, maintaining and operating large scale WiFi hotspots, radio access network (RAN) infrastructure and fibre optic infrastructure,

BUILDING LARGE SCALE WIFI HOT SPOTS

(WHOA! LOTS & LOTS WILL BE NEEDED)

INFRASTRUCTURE & FIBER OPTIC INFRASTRUCTURE

YES!! REDTONE HAS THE RIGHT EXPERTISE IN THE RIGHT PLACE AND AT A CHUN CHUN TIMING?

3) and Industry Digital Services (IDS) which includes data centre services, internet of things (IoT) services, cloud services and applications, and healthcare solutions to enterprises, government and the healthcare industry. The company’s Telecom services generate maximum revenue for the company.