If you put everything aside, this stock is still undervalued. Let's see how low will it go.

If goreng plan intact, tomorrow must at least 0.65.
If goreng plan abandoned, this few days should see price retrace to below 0.55.

I just don't like their core biz tin now becomes secondary to F&B.

So next quarter got RM120m revenue or not?

Can you find another stock in Bursa more "attractive" than Carimin?

Time is running out ;)

lol

So next quarter got RM120m revenue or not?

Tomorrow either 80 cents or 58 cents close.

Buying Hibiscs is like trading crude oil. Trading crude oil is like betting on Trump & Xi.

I scared this Carimin suddenly revenue drops a lot next quarter only. You know la contract based revenue hard to tell one.

Hibiscs is totally follow crude oil price one la.. Just tell me how much crude oil worth in future enough. Don't need to know a thing about the company.

So next quarter got RM120m revenue or not?

Uncle Koon is pro in when market crash, he dares to buy. I miss the good old days when Carimin is trading at 0.35.

And for the current hot phone scams, if they tell you they are the police. Wut? Just over the phone you said you're the police then I must believe?! What if I say I'm LGE?? hehe

The most funny is bitcoin. If they say in future will use bitcoin to replace dollar, why they still need you to use dollar to buy bitcoin? And why the sellers eventually want back the dollars?? lol

Nah, Padini is already very reputable. Yet also collapsed half. But who knows it will rise back higher.

Actually every stock will rise and eventually fall. It is normal. US big stocks also like that. Just that Malaysian stocks rise faster and fall even faster. Because market is immature and companies are unsustainable.

Everybody is just having fun !

But be mindful of the current volatile market and next QR just a month away oh. Timing is everything.

And from there onward, push up again to find new batch of buyers. :p

I think the best is to crash it to find the real support.

Actually operator also dilemma one. If they die die push clear 0.62 upwards, a lot bilis will have happy ending. End up the operator buys back at so high price. If they try taking profit keep selling down to below 0.58, there is not enough ready buyers also. So what should they do now? kiki

First sign to exit a stock --> When the forum becomes overheat.

There are no retailers parkin' at below 0.58. All panic buyers already masuk before 10:30am. Simply said, now sellers are heavily overweight vs buyers. In the right mind, big funds will wait.

If you can survive pennies like YKGI, Opcom, Hbglog, Huaan etc.. Pmetal or Topglov or Harta or Vitrox is kacang only.

If you can survive Bursa, Wall Streets is all yours.

Eatech? Wow you guys really fast & furious.

From my observation, usually after Carimin recognized huge contract revenue for a quarter, the following quarter will have fewer revenue because most of its projects were nearing completion stage. That means high probability next quarter revenue will be lower than RM80m. The difficult part is we have no idea how much and when they will start recognizes contract revenues. So I expect revenue for every quarter will be highly volatile.

They already hinted they will be profitable before the Nov QR out. kek

Personally I quite like this from Carimin Annual Report : "FY2018 was Carimin’s most challenging year admist the industry downturn. Today, the Group remains in a healthy position financially with a stable contracts in hand. Moving forward, the Board and Management are confident about the Group’s performance and strongly believe we will be back to being profitable."

Oil price rebound is a certain bonus here.

That's why Carimin stated "Despite of the volatility and drop in oil price, there has been an increase in project activities andwork orders." Because Petronas doesn't give shit to oil price anymore? haha

The third quarter 2018 prospect stated "The Board expects that the Group's performance to show an improvement compared to the previous financial year. Even as the Group contends with more volatile prices, continuous efforts will be pursued to deliver operational excellence."

Since Carimin depends on Petronas Carigali to cari makan a lot, serious investors should look at the quarter report of Petroliam Nasional Berhad at here https://www.petronas.com/media/downloads?category=financial%20results , so that to grasp more about how active Petronas is gonna expand their activities thus work orders distributed to Carimin etc.

USD weakening

Is Carimin a one-hit wonder or exponential growth stock? Hmmm...

Even though market has been crashing past weeks, this Hibiscs is not really beaten down also..

I would rather market stays volatile so that gem can remain beaten down and undervalued. If market up up up, every nice stock already jacked up. It is because this recession fear everyone gets the chance to buy Carimin at insane low price of 35 cents up to 45 cents.

No one can replace Steve Jobs.. There isn't anyone in Apple bold enough to create an alien product and bet it win or bust. Every executive just plays safe and earns their millions every year!

WB isn't investing for monetary gains. He just buys the companies he loves and keeps it permanently if everything is well. Not like he needs money to fund Rolls-Royce, mansion, birds kind of things.

Haiz.. WB where know these tech trend la..
Report said WB first invested in AAPL in early 2016, that's around $100. In 2 years he almost gained 100%. Isn't he a pro trader also? kiki

Last August, Buffett told CNBC that he was not focusing on iPhone "sales in the next quarter or the next year," adding that he liked Apple because there are "hundreds millions of people who practically live their lives" by the iPhone.

See, WB is not "trading" AAPL. He is gonna long it for like >10 years. So probably he doesn't care unless Apple bankrupt?

Companies that grow revenues and earnings will see share prices grow over time. But can you foresee it? Better foresee its downfall before everyone else !

This Carimin forum is full of my dream list of SIFUS that left me dumb struck !

Now my biggest dream is to successfully long a stock like Pmetal from 0.70 to 6.00, Annjoo from 0.70 to 4.00 and Topglov from 1.60 to 3.30 as well as 3.00 to 6.00 !

Koon sifu taught me how to pick a winning stock.
Paperplane sifu taught me the virtue of patience.
Duit sifu showed me nothing is impossible with his ever mind blowing stock trades.
Icon sifu gave me the strength to fight the bear with his recurrently defiance to succumb to the bear !

The key point is the guy who manages to buy at lowest point and sell at highest point is the pro-est. Just like how PAPERPLANE sifu you managed to buy KESM at RM4.50 and kept till RM20 with 340% gain in 1 and a half year is absolutely fantastic !

If you bought 1 lot @ 0.27 and held until now, you are better than the guy who bought 5000 lot @ 0.56 and sold at 0.58. Yes, in trading world, percentage wins > absolute amount wins.

But I still doubt Carimin's earnings sustainability la. You know la contract-based business. That's why I'm reluctant to long it.