Posted by jcpy > 2019-02-21 08:55 | Report Abuse

Carimin seemed oversold now, ready for another uptrend.

Posted by freddiehero > 2019-02-21 08:59 | Report Abuse

fly ?

Posted by 3iiii > 2019-02-21 11:05 | Report Abuse

Let’s go HRC, Uncle koon , buy Call.

Posted by rr88 > 2019-02-21 11:09 |

Post removed.Why?

Posted by kk7198 > 2019-02-21 13:05 | Report Abuse

Sureboh rr88.

Posted by Steven_boo > 2019-02-21 16:02 | Report Abuse

Sell more pls . I collect at 0.7

Posted by digi_three > 2019-02-21 18:18 | Report Abuse

huat huat up tomolo haaa! nice qtr result lor.

Posted by ramada > 2019-02-21 18:18 | Report Abuse

As I said, 2 sen only.
https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=5257

Posted by Nicholasming91 > 2019-02-21 18:19 | Report Abuse

5m profit only ????

Posted by Op3rs > 2019-02-21 18:22 | Report Abuse

Show ends. Good bye

Posted by valuelurker > 2019-02-21 18:28 | Report Abuse

Thats why ive said you cannot annualise last Qtr earnings, because their projects/work orders and their recognition are lumpy / not guaranteed. But dont worry old man koon will take this opportunity to buy low like when jaks announced a drop in profits then he will be long-term shareholder trolololo

Posted by qqq3 > 2019-02-21 18:32 | Report Abuse

carimin results out........within expectations.....this company $ 20 million a year, they can congratulate themselves........impressive revenue but why such low margins?

Posted by SuperPanda > 2019-02-21 18:41 | Report Abuse

so tomorrow up or down.. maybe down first then up back with uncle support : )

Posted by kalteh > 2019-02-21 18:42 | Report Abuse

Lower margins but good cash flow generation on its operations. I wouldnt worry too much.

Posted by Joshk > 2019-02-21 18:46 | Report Abuse

Carimin's 1st quarter EPS was 5.01 sen and its 2nd quarter result will be announced before the end of February. Due to the North East monsoon raining season, the company might complete less maintenance contract work. As a result, it is likely to report less profit. Clever Shareholders should be able to foresee this happening.
Koon Yew Yin
20/02/2019 08:14

Uncle's comment. Read btw the lines. but, based on QR, dont think it's the issue of completing lesser works as the revenue went up. Q: Clever shareholders should be able to foresee this happening, what does he mean?

Posted by unice > 2019-02-21 18:47 | Report Abuse

Revenue improve 14% on qtr basis

Posted by stock_investor > 2019-02-21 18:49 | Report Abuse

Kyy sell all shares.pleasr dont fool urself

Posted by (S = Qr) Philip > 2019-02-21 18:54 | Report Abuse

Higher revenue means more billing, more maintenance and topside work done, completed and carried out. Lower earnings means it cost them more to get the same amount of work done (due to monsoon season). This is basic engineering costings.( I have experience working in multiple platforms before)

Now I realize kyy doesn't have a crystal ball. I start to smell bullshit.

How can he say less maintenance contract work done, unless CARIMIN has a special rule where they can bill performa invoice to Petronas first for upcoming work to be done?

Posted by KLCI Going Heaven > 2019-02-21 18:56 | Report Abuse

kyy is king of bullsh1ticus

Posted by (S = Qr) Philip > 2019-02-21 18:58 | Report Abuse

I expect the terminal value going forward will be 80-90 million every quarter going forward with low profit margins, 2-4 cents per share. 5 years from now, carimin will be just another handout company hoping for a slice of a very competitive pie with no competitive advantage versus all the other market players. Terminal value met.

Moving on.

Posted by KLCI Going Heaven > 2019-02-21 18:59 | Report Abuse

Philip it's okay, people in Bursa like 80 cents stock, RM 9 too expensive

Posted by Veron_teo > 2019-02-21 19:10 | Report Abuse

good result.

Posted by SuperPanda > 2019-02-21 19:11 | Report Abuse

he meant you should sell before qtr out

----------------------------------------------------
Clever Shareholders should be able to foresee this happening.
Koon Yew Yin
20/02/2019 08:14

Posted by Shinnzaii > 2019-02-21 19:11 | Report Abuse

COS still high....wew....let see next quarter

Posted by SuperPanda > 2019-02-21 19:11 | Report Abuse

then buy back at lower price because next quarter it will be up again..

Posted by PotentialGhost > 2019-02-21 19:15 | Report Abuse

Walao curry mee make me so dissapointed

Posted by hollandking > 2019-02-21 19:17 | Report Abuse

hahaha

Posted by Dato Nik > 2019-02-21 19:18 | Report Abuse

Revenue higher than last quarter but PAT lower, there is no real impact on the moonsoon don't get misleaded. Read carefully to be fair you should take both QR as reference I will say EPS= 0.14 is more realistic. This quarter is higher cost and lower margin due to the mix services. So don't expect EPS 0.05/Qtr that is too optimistic.

Posted by windcloud > 2019-02-21 19:21 | Report Abuse

Can ask since did not look at results... Carimin recent results are whether part or parcel due to Rapid project... What if Rapid project close the end and start to operate in year 2019.... Will this affect Carimin following qtr results...

Posted by qqq3 > 2019-02-21 19:22 | Report Abuse

philips....I think kyy likes to keep things simple....and may have made millions in one operation....not bad for 2 month work....

Posted by qqq3 > 2019-02-21 19:23 | Report Abuse

I think people think too much....compared to kyy....

Posted by amet2017 > 2019-02-21 19:25 | Report Abuse

It depends on the type of contract, but suspect that for this long term contract there will be lump sum work orders with no standby on weather charge allowed. Hence they get a good revenue/payment from petronas/psc for works completed but they need to pay extra for any standby on weather (vessel, equipment and manpower) , hence more operating cost and trim down the margin.

Posted by Shinnzaii > 2019-02-21 19:29 | Report Abuse

i use to track their cost flow every each quarter....so i need to see next quarter

Posted by Lukesharewalker > 2019-02-21 19:35 | Report Abuse

So...uncle once again mislead people into buying. Soon he will tell you lucky I sold before QR like hibiscus

Posted by qqq3 > 2019-02-21 19:36 | Report Abuse

luck works in mysterious ways.....

Posted by Aseng > 2019-02-21 19:37 | Report Abuse

uncle yewyin33,

1. how should we read your "golden rule" now ? we are loyal followers of your golden rule, please do not buy carimin or sell since it does not comply with your share selection golden rule anymore.

we do not wish to see a super investor , uncle yewyin33, is actually has no different from many of us who like to pass senseless comments or talk rubbish as you like to tell us many times here.





Posted by yewyin33 > Feb 20, 2019 08:38 AM | Report Abuse

Hibiscus announced its 2nd quarter EPS 3.15 sen yesterday and many so-called experts said that its profit is more than 4 time its corresponding profit last year. You must remember its 1st EPS was 6.3 sen. Why is it showing reducing profit?

Since it does not comply with my share selection golden rule, I will not buy it now.

Fortunately, I sold all my shares a few months ago when I discovered Carimin and Dayang.
Koon Yew Yin

Posted by Shinnzaii > 2019-02-21 19:38 | Report Abuse

You cannot blame him lorh...he no call you to buy even already signalling...so dont hand itchy go press buy call and dumb dumb hold...follow his style got rule one...dont so greedy...

Posted by hollandking > 2019-02-21 19:38 | Report Abuse

maybe uncle already changed his tactic, u can see he no longer play substantial shareholder, why? Bcoz easy to run

Posted by Shinnzaii > 2019-02-21 19:41 | Report Abuse

now uncle like follow calvin...chun chun call...lo

Posted by Aseng > 2019-02-21 19:49 | Report Abuse

I do not blame him
I just want a clear direction to trade
I am a loyal supporter of his golden rule
I hope the market will prove his rule golden
I love him
I do not want people say his golden rule is rubbish



Posted by Shinnzaii > Feb 21, 2019 07:38 PM | Report Abuse

You cannot blame him lorh...he no call you to buy even already signalling...so dont hand itchy go press buy call and dumb dumb hold...follow his style got rule one...dont so greedy...

Posted by Dato Nik > 2019-02-21 19:56 | Report Abuse

Now you all should know why Directors keep selling last few weeks.. LOL! KYY again played you all out!

Posted by newbie911 > 2019-02-21 20:16 | Report Abuse

Earning droo by 50%....
Tomorrow will uncle dump?

Posted by hollandking > 2019-02-21 20:23 | Report Abuse

i suspect uncle already sell part of it, locked in the profit first

Posted by titus > 2019-02-21 20:24 | Report Abuse

Uncle koon golden rule very fluid n dynamic 1.....lol. U all can follow o not? Soon he will tell u rule is dead but ppl is alive. Rule is made by ppl ma.... i really like to see wht he will do with carimin since it same predicament like hibiscus where reduce 50% profit.

Posted by hollandking > 2019-02-21 20:25 | Report Abuse

he no need declare, so definitely he can move in and out easily

Posted by Nicholasming91 > 2019-02-21 20:34 | Report Abuse

Nice... Tomorrow drop, then reversal go up ! Idss mati

Posted by calvintaneng > 2019-02-21 20:34 | Report Abuse

Earnings drop is still earning lah

Already expected Nov to March North East monsoon blowing so less activity is cyclical

0&G activity will resume strongly after that

Look at the bigger picture

Posted by ANALyst > 2019-02-21 20:45 |

Post removed.Why?

Posted by ANALyst > 2019-02-21 21:17 |

Post removed.Why?

Posted by Duntalkcockla > 2019-02-21 21:17 | Report Abuse

Of course lock In profit lo, wait result bomb come out kill himself meh?