@ hollandking

Thanks for your advise.
I do check them once a week to see if it matched.

Already flew since early January, from 80 cent.

I also invest in US stocks but I prefer to put my order(buy/sell) by 11pm(Msia time) and leave there for many months/years.
Don't really bother about it since it's an investment rather than gambling/speculating.

Looks like there's some here who have sleepless nights.
A suggestions is to stay away from the stock market.

After the quarter result out, you'll know the answer.
Result to include the 25mil payout to Star

Just a correction only.
Already rally 40% from 1.22 to 1.70 in 2 months.

I think Yinson is a better buy for FPSO biz.

@ DickyMe

Typo?
You mean 100 sen?
---------------------------------------------------------------------------------------
Posted by DickyMe > Feb 21, 2019 09:44 AM | Report Abuse

Back to 10 sen soon. Fake rise! It's coming soon

Hope to see it's all time best when it traded at RM29 bil market capitalisation.
Previously known as SapuraKencana.

@ Jaya

Rights and debts are the common ones. But I think the company prefers private placements and warrants as seen in the past years.

More shares coming on board soon.

"Hibiscus anticipates that the group will undertake certain fundraising activities in the next six months to ensure that its projects are executed smoothly"

-------------------------------------------------------------------------------------------
https://www.thesundaily.my/business/hibiscus-q2-net-profit-up-fourfold-GC554008

Wow, this company has 1.9 billion shares (inclusive of warrant).
So many shares.

No news of the court case?

PChem is a big cap counter at RM70 bil and 8 billion share.
In order to make a leap for a 100% return , may require a decade or even more.
But nevertheless it's a blue chip, stable with consistent dividend.
Good call!

Any idea if this quarter result will have impairment?

Present Value = RM28.92?
How do you derived this figure?

This RM 2 billion large-scale solar (LSS) projects looks feasible for Jaks to tender since the company also looking into renewable energy.

-------------------------------------------------------------------------------------
https://www.klsescreener.com/v2/news/view/491084/power-sector-to-gain-from-govt-plan-to-expand-use-of-renewable-sources

http://www.theedgemarkets.com/article/jaks-looks-renewable-energy-new-revenue-source

https://www.thestar.com.my/news/nation/2018/11/15/rm2bil-worth-of-solar-power-projects-up-for-bidding-in-january/

Attempting to breach RM1 soon.

As crude oil rise, Airasia will go the other direction.

These people are selling, you're buying. They'll thank you for it.
Selling until ceased to be substantial shareholder.

------------------------------------------------------------------------------------------
15-Feb-2019 Insider Notice of ceasing to be substantial holder - MR GAN HAI TOH on 13-Feb-2019.
15-Feb-2019 Insider MR GAN HAI TOH (a substantial shareholder) disposed 58,000 shares on 12-Feb-2019.

Anyone still topping up?

Wow, it moves.
Never thought it could get through 30 cents.

@ DK66

MFCB's power plant in Laos is hydropower whereas Jak's coal fired power plant.
I believe hydro powered plant has better profit margin than coal fired plants as they do not incur cost like coal(price in USD) to run it.
Besides, they can't control the price of the commodities.
Even with "pass through", it still face the inefficiency which also happen to energy giant like TNB.

https://www.thestar.com.my/business/business-news/2019/02/14/tnb-in-focus-due-to-high-coal-prices/
--------------------------------------------------------------------------------------------------------
Posted by DK66 > Feb 17, 2019 11:33 PM | Report Abuse

It was reported in the latest edition of The Edge Weekly that the 260MW Don Sahong power plant in Loas which is 80% (208MW) owned by MFCB is expected to commence operation in early 2020. It is expected to contribute US$60-70M annual profits to MFCB. MFCB is expected to fully paid off its loans in 3 years

Jaks currently owns 30% of the 1,200MW Hai Duong plant, effectively equivalent to 360MW. If using MFCB profit of around US$0.31m (65m/208MW) per MW, Jaks is expected to make US$111m (RM450m) annual profits from its Vietnam IPP. Equivalent to EPS 0f RM0.77 (RM450/584m shares)

@ tehka

Need to monitor so specific?

Probably he will write his blog after he had accumulated and gain more than 50%(>RM1)

@ 684780829
@ ANALyst

Yeah, I'm newbie.

@ Nicole Chow

Refer to Bursa Malaysia website for announcement. The company normally announcement it 1 month before the AGM date and usually notice issued by end of February.

You guys are buying and they are selling. They will thank you for it.
--------------------------------------------------------------------------------------
13-Feb-2019 Insider WHE BINA SDN. BHD. (a substantial shareholder) disposed 358,500 shares on 11-Feb-2019.
13-Feb-2019 Insider ENCIK WAN HAMDAN BIN WAN EMBONG (a substantial shareholder) disposed 358,500 shares on 11-Feb-2019.
13-Feb-2019 Insider PLATINUM CASTLE SDN. BHD. (a substantial shareholder) disposed 358,500 shares on 11-Feb-2019.
13-Feb-2019 Insider MR GAN HAI TOH (a substantial shareholder) disposed 900,000 shares on 11-Feb-

Should be able to generate approximately USD680 mil worth of electricity annually for Vietnam scenario at 80% utilisation.
J@k$ holds 30% of the amount at this moment.

https://minh.haduong.com/files/HaDuong.ea-2017-VEAM17presentation.pdf

Will it breached RM1 or go other way around?

The 5-year concession for all its services will be due in May 2020.

Read again: ALL SERVICES!

If government stop renewing, MYEG will become ZERO.

Hope it limits up tomorrow and continue for the next 4 biz day.

You guys buying, these guys selling. They'll thank you for it.

-----------------------------------------------------------------------------------------

11-Feb-2019 Insider PLATINUM CASTLE SDN. BHD. (a substantial shareholder) disposed 458,600 shares on 07-Feb-2019.
11-Feb-2019 Insider WHE BINA SDN. BHD. (a substantial shareholder) disposed 458,600 shares on 07-Feb-2019.
11-Feb-2019 Insider ENCIK WAN HAMDAN BIN WAN EMBONG (a substantial shareholder) disposed 458,600 shares on 07-Feb-2019.
11-Feb-2019 Insider MR GAN HAI TOH (a substantial shareholder) disposed 163,300 shares on 08-Feb-2019.
11-Feb-2019 Insider MR GAN HAI TOH (a substantial shareholder) disposed 300,000 shares on 07-Feb-2019.

Since the crude oil average had dropped 15% from last quarter result, there's a possibility, topline and bottom line maybe impacted this coming quarter result.

Correct me if I'm wrong, 1,200MW power plant can only power 10,000 homes only
---------------------------------------------------------------------------------------
A 1,200MW power plant can power up 1.2m homes satisfying the need of 6m people which is almost the population of Selangor state. At RM300 per household, it is a RM4.32billion per annum business! Definitely a big business to be reckoned with.

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/192789.jsp

@ Veron_teo

I guess you bought it above 80 cent.

@ tehka

No of shares and free float% plays an important part also.

@ qqq3

Of course. Just restructure or rollover it.
Just like US shutdown....once reach the debt ceiling, increase limit will do...

------------------------------------------------------------------------------------
Posted by qqq3 > Feb 11, 2019 12:39 PM | Report Abuse

Dayang has current assets of $ 500m, current liabilities of $ 1300 million......can handle or not?

The 3 banks still unloading the unsubscribe 1.8 billion shares.
Will go lower as they sell.

Carimin move up from 20 cent to 80 cent with 1 bil project.
So Dayang will move from 50 cent to 3.00 with 3 bil project.

Any comment?

@ newrookie

One of these large projects (ECRL, Pan Borneo & HSR) is equivalent to all the construction projects combined.
So it's still important to get it.

Airasia is a better buy.

That was when oil price is above USD100.

By next few weeks, the quarter result will be out.
Let the numbers show who is right.

@ pang72

Already went up from 20 cent to 86 cent.
More than 4X

------------------------------------------------------------------------------------
Posted by pang72 > Feb 7, 2019 08:33 PM | Report Abuse

We want gain 3x or 4x to maximum the profit for a good company like carimin..
So, still tight tight hold lo

Shareholders starting to sell already??

----------------------------------------------------------------------------------------
31 Jan 2019 CARIMIN PETROLEUM BERHAD Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - ENCIK WAN HAMDAN BIN WAN EMBONG

2 31 Jan 2019 CARIMIN PETROLEUM BERHAD Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - MR GAN HAI TOH

3 31 Jan 2019 CARIMIN PETROLEUM BERHAD Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - PLATINUM CASTLE SDN. BHD.

4 31 Jan 2019 CARIMIN PETROLEUM BERHAD Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - WHE BINA SDN. BHD.

5 14 Jan 2019 CARIMIN PETROLEUM BERHAD Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - WHE BINA SDN. BHD.

6 14 Jan 2019 CARIMIN PETROLEUM BERHAD Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - PLATINUM CASTLE SDN. BHD.

7 14 Jan 2019 CARIMIN PETROLEUM BERHAD Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - ENCIK WAN HAMDAN BIN WAN EMBONG

8 14 Jan 2019 CARIMIN PETROLEUM BERHAD Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - MR LIM YEW HOE

9 14 Jan 2019 CARIMIN PETROLEUM BERHAD Changes in Director's Interest (Section 219 of CA 2016) - MR LIM YEW HOE

10 14 Jan 2019 CARIMIN PETROLEUM BERHAD Notice of Person Ceasing (Section 139 of CA 2016) - MISS LIM GUAN NEE

Whether next quarter result will still earn eps=5 cent, is still anyone's guess. If it hit losses due to impairment, a sharp correction maybe possible.

@ limkokthye

I think is temporary only.
The funds are adjusting their portfolio and switching to other counters or investment.
They will still be holding at least 5%.