CARIMIN PETROLEUM BERHAD

KLSE (MYR): CARIMIN (5257)

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Last Price

0.825

Today's Change

+0.005 (0.61%)

Day's Change

0.82 - 0.83

Trading Volume

148,300


11 people like this.

6,320 comment(s). Last comment by DreamSorcerer 2 weeks ago

Posted by birkincollector > 2020-05-18 18:37 | Report Abuse

let see how oil price doing overnight.....if drop then tmr will suffer

tkl88

8,712 posts

Posted by tkl88 > 2020-05-18 18:38 | Report Abuse

Wow, Fantastic !
Oil price continues to spike up to sky high man !

As at 6.30pm,
Nymex at => $31.56 (+2.04) (+6.91 percent)
Brent at => $34.30 (+1.80) (+5.54 percent)

KW7693

17 posts

Posted by KW7693 > 2020-05-18 18:42 | Report Abuse

continue up tomorrow

Talib

536 posts

Posted by Talib > 2020-05-18 19:11 | Report Abuse

lol.. all pawned

Posted by Antifakeguru > 2020-05-18 19:33 | Report Abuse

Dear valued clients,

Please note that Carimin and Penergy reported losses in the last quarter result released today and yesterday respectively.
I want to play safe in my investment, I had sold all my Oil and Gas Maintenance players stocks yesterday and today for a good profit.
I believe the quarter results of Dayang, Deleum and Serbadk may not be good, I really do not know the actual performance.
I suggest you sell them first and buy back later.
Please also read my comments in my last weekly report.

The final decision is always yours.

Thank you.
Ooi
寧可天下人負我, 休教我負天下人

Posted by Antifakeguru > 2020-05-18 19:34 | Report Abuse

Careful yo. Otb sell with profit. Ikan bilis is lossing money. This is how games play. Banker win

apolloang

18,163 posts

Posted by apolloang > 2020-05-18 19:41 | Report Abuse

loss money stock also so high? hehe

ks5S

4,601 posts

Posted by ks5S > 2020-05-18 19:45 | Report Abuse

carimin loss 2 million only.
now the oil price rocketing up. Price will continue up tomorrow

mrknowled

341 posts

Posted by mrknowled > 2020-05-18 19:55 | Report Abuse

Luckily took profit on 0.81

limitupupup

1,466 posts

Posted by limitupupup > 2020-05-18 19:56 | Report Abuse

buy red sell green, not asking u to chase high, sure profit

KW7693

17 posts

Posted by KW7693 > 2020-05-18 20:19 | Report Abuse

now the oil price in uptrend, carimin will get more contract soon. Buy and keep

Posted by Antifakeguru > 2020-05-18 20:21 | Report Abuse

Breaking News.

Dear valued clients,

Please note that Carimin and Penergy reported losses in the last quarter result released today and yesterday respectively.
I want to play safe in my investment, I had sold all my Oil and Gas Maintenance players stocks yesterday and today for a good profit.
I believe the quarter results of Dayang, Deleum and Serbadk may not be good, I really do not know the actual performance.
I suggest you sell them first and buy back later.
Please also read my comments in my last weekly report.

The final decision is always yours.

Thank you.
Ooi
寧可天下人負我, 休教我負天下人

See how banker always win. He sold off his share and only inform subscriber. Really bad ethnic sifu. Now all subscriber left behind. See his true face.

Posted by RiskToRich > 2020-05-18 20:46 | Report Abuse

The losses is expected what ...

Posted by RiskToRich > 2020-05-18 20:47 | Report Abuse

If we expected oil will fly to RM50 why must sell at losses?

leechen88

292 posts

Posted by leechen88 > 2020-05-18 20:50 | Report Abuse

Bo cao c

liewtz06

356 posts

Posted by liewtz06 > 2020-05-18 20:59 | Report Abuse

key message from the report:
Current prospect:
The global COVID 19 pandemic and plunging oil prices has caused much uncertainties to the oil
& gas industry. It is anticipated that many project work activities may be deferred and face risks of
cancellation. The Group will take proactive and appropriate measures to remain resilient in
managing the unprecedented challenges.

soros228

2,039 posts

Posted by soros228 > 2020-05-18 21:10 | Report Abuse

Anti fake guru , so bad ah? Which guru ? So that next time I don’t get caught.

ks5S

4,601 posts

Posted by ks5S > 2020-05-18 21:13 | Report Abuse

time to buy.
worry here, worry there, you will miss the boat

Posted by EatCoconutCanWin > 2020-05-18 21:15 | Report Abuse

Nothing to worry. Crude oil up. Collect when down. Opportunity is there. Up up

Posted by Stock Wizard ( no sell no loss ) > 2020-05-18 21:27 | Report Abuse

hahaha result is 2 month lagging idiottt

Sky Liew

940 posts

Posted by Sky Liew > 2020-05-18 21:36 | Report Abuse

Share is buy half year future la
That ask u sell then they can buy low ma.
I just know Caroline cash flow is sui sui
Project delay not cancel mco
Tonigrh dow up so many
Brent oil if close high
Tml maybe still open high kok
. Now is depend chips at who hand

SuperPanda

11,431 posts

Posted by SuperPanda > 2020-05-18 22:37 | Report Abuse

tomorrow might be green due to oil going up, chance to release before it gap down when oil and US market retrace back

Sky Liew

940 posts

Posted by Sky Liew > 2020-05-18 22:41 | Report Abuse

Hope oil can back go 50
Malaysia just can more income to cover

dlau8899

915 posts

Posted by dlau8899 > 2020-05-18 22:56 | Report Abuse

Going up 0.90 as soon

Iewis888

126 posts

Posted by Iewis888 > 2020-05-18 22:58 | Report Abuse

Price of SAPNRG increase since release of worst result few weeks ago.

Ron90

4,124 posts

Posted by Ron90 > 2020-05-18 23:15 | Report Abuse

we should expect latest QR sure in RED territory la..and has been translated into lahst mont price when Carmin was at 60...

Today price is for next QR where business already improving for the last few weeks, and oil up..means petronas and other oil producer got money to spend.

soros228

2,039 posts

Posted by soros228 > 2020-05-18 23:16 | Report Abuse

Well said Ron. Will hold.

SuperPanda

11,431 posts

Posted by SuperPanda > 2020-05-19 00:17 | Report Abuse

i dont have carimin shares but i can tell your statement is against petronas ceo

if next qtr (apr-jun) which release on aug will be profitable, i run naked on the street

Posted by OneSmallStep > 2020-05-19 00:38 | Report Abuse

Penergy reported losses but price steady
Lctitan reported losses but price up
My point is..if our investment horizon is not days...but perhaps month, then rely on many indicators and not just one QR.
The news stated clearly the loss is attributed mainly to low oil price. Now the prospect is better. This is my opinion. But decision is yours.

digi_three

729 posts

Posted by digi_three > 2020-05-19 01:17 | Report Abuse

Yes quarter report is historical view. The oil price now is going up to above $35 already and Carimin will have much better prospect in the coming quarter.

Ron90

4,124 posts

Posted by Ron90 > 2020-05-19 01:28 | Report Abuse

Next QR result will be for April - June performance, and we are only, exactly, at the middle of it. Anything is possible for the next 6 weeks. Tomorrow or next week, Petronas might review or change course again.

unless oil price still hovering around $20 and strict MCO still in place, than I can pretty sure .. next QR still in RED.

apple168

6,236 posts

Posted by apple168 > 2020-05-19 06:23 | Report Abuse

上帝要你灭亡,必先让你疯狂!

Posted by EatCoconutCanWin > 2020-05-19 08:19 | Report Abuse

nothing to worried, order book still 10Bil. for what worried about.

Posted by Happy_lucky > 2020-05-19 08:45 | Report Abuse

Can try hengyuan c12 c13

Scott Tan

88 posts

Posted by Scott Tan > 2020-05-19 09:19 | Report Abuse

very lucky got this oil wave , still give you time to escape haha

monetary

4,447 posts

Posted by monetary > 2020-05-19 09:49 | Report Abuse

it's naive to say carimin n dayang earning decoupled from oil price.

Current Prospect
The global COVID 19 pandemic and plunging oil prices has caused much uncertainties to the oil
& gas industry. It is anticipated that many project work activities may be deferred and face risks of
cancellation. The Group will take proactive and appropriate measures to remain resilient in
managing the unprecedented challenges.

upshare

3,239 posts

Posted by upshare > 2020-05-19 10:06 | Report Abuse

Habis

limitupupup

1,466 posts

Posted by limitupupup > 2020-05-19 11:07 | Report Abuse

who say only company loss 2.7m? now lao sai -6.29%

soros228

2,039 posts

Posted by soros228 > 2020-05-19 11:27 | Report Abuse

good for washing all the ikan billis, will move up again

Talib

536 posts

Posted by Talib > 2020-05-19 11:50 | Report Abuse

run. will below 0.7

Ron90

4,124 posts

Posted by Ron90 > 2020-05-19 14:34 | Report Abuse

ok run..if below 70, dont you think nobody will buy carimin..when they fully aware that since 2 weeks ago, brent already up so much..and business getting better..and future prospect looks green..

SuperPanda

11,431 posts

Posted by SuperPanda > 2020-05-19 15:16 | Report Abuse

even if oil 40usd next week it doesnt mean next month you will hve the extra margin in your pocket and work order will be awarded

check past history when oil bearish and recover, the timeline pattern is similar, learn from it when should you leave and enter the sector

soros228

2,039 posts

Posted by soros228 > 2020-05-19 17:04 | Report Abuse

Invest and trading ; u choose. I’ll hold.

SuperPanda

11,431 posts

Posted by SuperPanda > 2020-05-19 17:10 | Report Abuse

i hve sold most of my og yday and took profit, some said i sold too early but thanks i did, cannot be too greedy

limitupupup

1,466 posts

Posted by limitupupup > 2020-05-20 09:41 | Report Abuse

oversold, buy red sell green. Simple

SuperPanda

11,431 posts

Posted by SuperPanda > 2020-05-20 09:43 | Report Abuse

drop will continue till the end of this week

SuperPanda

11,431 posts

Posted by SuperPanda > 2020-05-20 09:45 | Report Abuse

those hold and paper loss must have strong heart to live with the increasing losses, this may take sometimes, weeks, maybe months.. depends on the market

never average down a falling knife

limitupupup

1,466 posts

Posted by limitupupup > 2020-05-20 09:46 | Report Abuse

told u all buy red sell green when 0.705, now 0.715. btw thanks for duit raya hoho

soros228

2,039 posts

Posted by soros228 > 2020-05-20 11:14 | Report Abuse

all ikan bilis out, now engine start, c u at 89

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