Posted by investi3i4i5 > 2019-05-07 18:10 | Report Abuse

https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=5...

PENERGY - 0.53 sen in Q1. Bye Bye Carimin...

Posted by VincentTang > 2019-05-07 21:20 | Report Abuse

https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=5133

Penergy quarter result very bad. Carimin and Dayang will drop tomorrow as well.

Posted by Kpin Yeoh > 2019-05-08 07:55 | Report Abuse

Similar case where Carimin posted low profit last Q and follow up with Dayang huge profit. This game is really interesting.

Posted by ivy88_ > 2019-05-08 08:38 | Report Abuse

Kinda agreed. Per stated, Carimin mgmt hint that all of the work order pending in last Q418 especially on off-shore works was carried out in Q119. That mean most of the Petronas contracts had been give to Carimin by this Qtr result.

Posted by moneykj > 2019-05-09 08:50 | Report Abuse

How sure next q gonna be good q?
Better go for Redtone. Ultimate power of Umobile BDL.

Posted by ivy88_ > 2019-05-09 15:48 | Report Abuse

Carimin got multiple business segment include commissioning HUC, mid segment and vessel. Very comprehensive with such small size of company. My prediction on profit margin within 10%+ with
Revenue be equal or greater than Penergy of RM110mil range on this Quarter result mid/end May, expected more work order contract completion.

https://www.mprc.gov.my/sites/default/files/resources/MPRC_OGSE2018_Complete.pdf

Posted by dusti > 2019-05-09 17:48 | Report Abuse

Ivy88_Buying tons?price and timing to QR seems good now

Posted by 8888_ > 2019-05-10 03:01 | Report Abuse

Agree. Might be QR is loss like last year. You can see Carimin directors keep disposing.

Posted by moneykj > May 9, 2019 8:50 AM | Report Abuse
How sure next q gonna be good q?
Better go for Redtone. Ultimate power of Umobile BDL.

Posted by 8888_ > 2019-05-10 03:04 | Report Abuse

MR LIM YEW HOE 22-Apr-2019 Disposed 110,000 0.000 View Detail
ENCIK WAN HAMDAN BIN WAN EMBONG 09-Apr-2019 Disposed 500,000 0.000 View Detail
PLATINUM CASTLE SDN. BHD. 09-Apr-2019 Disposed 500,000 0.000 View Detail
WHE BINA SDN. BHD. 09-Apr-2019 Disposed 500,000 0.000 View Detail
MR LIM YEW HOE 08-Apr-2019 Disposed 110,000 0.000 View Detail
MR LIM YEW HOE 04-Mar-2019 Disposed 800,000 0.000 View Detail
MR LIM YEW HOE 04-Mar-2019 Disposed 625,000 0.000 View Detail
ENCIK WAN HAMDAN BIN WAN EMBONG 04-Mar-2019 Disposed 500,000 0.000 View Detail
PLATINUM CASTLE SDN. BHD. 04-Mar-2019 Disposed 500,000 0.000 View Detail
WHE BINA SDN. BHD. 04-Mar-2019 Disposed 500,000 0.000 View Detail
MR LIM YEW HOE 01-Mar-2019 Disposed 500,000 0.000 View Detail
MR LIM YEW HOE 01-Mar-2019 Disposed 175,000 0.000

Posted by Bluey > 2019-05-10 10:29 | Report Abuse

Should consider buying now. It gets better everyday!

Posted by calvintaneng > 2019-05-10 11:53 | Report Abuse

No.

Better buy Uzma

This May result might boost Uzma share price to overtake Carimin

Best course of action now

Sell currymee and switch to Uzma now!!

Posted by KAQ4468 > 2019-05-10 11:55 | Report Abuse

interesting

Posted by JY2019 > 2019-05-10 17:08 | Report Abuse

How about Penergy?

Posted by calvintaneng > 2019-05-11 12:35 | Report Abuse

JY2019

Penergy now offers better value than Carimin after price corrected to only 71.5 sen

Penergy secured package one OGSE job with four others oil entities - Dayang, Carimin, Deleum and Sapnrg

But in package two OGSE job when 12 oil entities we're selected only Penergy was again chosen. Both carimin and Dayang we're not included

So I think Penergy's temporary setback presents a good buying opportunity now

Posted by InvestorKING > 2019-05-11 17:00 |

Post removed.Why?

Posted by Fulltimeinvestor > 2019-05-11 20:38 | Report Abuse

Why directors ran away, along chase aah,

Posted by Kpin Yeoh > 2019-05-12 16:18 | Report Abuse

Penergy with high operation, it can only stay with profit if revenue above 150 mil other wise you will see the profit remain low. Just like u have 5 factories and demand only load into 2, but still paying the head count and all machines depreciation and interest.
If you know the detail why revenue drop else not the right time to buy.

Posted by Bluey > 2019-05-13 15:06 | Report Abuse

Carimin’s oil pipe is leaking. On 30/1 famous KYY wrote an article showing Carimin with a TP of 2.00. Circumstances may have changed, maybe KYY would like to update his TP forecast and tell us what happened to his complaint to the S C on the three I Bs suspected of suppressing price

Posted by kariwong9394 > 2019-05-13 15:07 | Report Abuse

good opportunity to buy...brent oil is coming, once us & iran in war, brent oil will up to 100USD

Posted by Qwertyuiop > 2019-05-13 17:09 | Report Abuse

Later kyy comes out an article saying why hibiscs is better and he has switched to hibiscs. MUAHAHAHA play die you guys fool chasing high

Posted by kariwong9394 > 2019-05-13 17:15 | Report Abuse

Later ? Ahahahah

Posted by dusti > 2019-05-14 11:12 | Report Abuse

Don't bother about anything. Just buy for QR3.

Posted by InvestsucessTrader > 2019-05-14 11:17 | Report Abuse

Today MBB say will drops to 0.615 in 3 weeks,

Posted by kariwong9394 > 2019-05-14 14:20 | Report Abuse

@ InvestsucessTrader Any proof or news' link?

Posted by InvestsucessTrader > 2019-05-14 14:26 | Report Abuse

Mbb IB website

Posted by kariwong9394 > 2019-05-14 15:45 | Report Abuse

Got link?

Posted by kariwong9394 > 2019-05-15 10:50 | Report Abuse

this few day the director left hand give right hand, right hand give back left hand...

u know what is happening d la .. if not buy now, later will chase higher d..

Posted by pussycats > 2019-05-16 15:40 |

Post removed.Why?

Posted by VictorTan > 2019-05-16 20:20 | Report Abuse

Carimin open for many job vacancy on last 4-5 month. (You may find this information from few job advertisement). Foresee Carimin has big project happen on this quarter.
Waiting the result to be coming up on next week.

Posted by VictorTan > 2019-05-16 20:27 | Report Abuse

https://www.indeed.com.my/m/jobs?q=Carimin+Petroleum

Posted by Kpin Yeoh > 2019-05-17 09:02 | Report Abuse

They have at least few big projects on hand, heard they are still hiring engineers on site. More projects to deploy on offshore compare to last quarter.

Posted by Investor 999 > 2019-05-17 11:56 | Report Abuse

FINAL ESCAPE !

Posted by kieferchong9 > 2019-05-17 12:48 | Report Abuse

Waiting for Carimin QR

Posted by kkshen > 2019-05-17 17:08 | Report Abuse

Unlike Penergy which was affected by -ve loss marine division, Carimin only owns 2 vessels ie. Carimin Airis and Carimin Acacia and both were deployed at Dulang Oilfield.

Carimin achieved lower profit last Qtr given both vessels were off hiring, Carimin Airis - 5 years mandatory dry docking/maintenance and Carimin Acacia - monsoon season which result in higher expenses incurred on maintenance and 3rd party charter last Qtr. Expect coming QR to improve!

Extract from last QR's comment below:

"Despite the dry docking of Carimin Airis for its mandatory 5 years major maintenance
and off hiring of Carimin Acacia during the monsoon season, MS division’s performance
registered an improvement by 1.92 million with some utilization of 3rd party vessels for the MCM
contract."

Posted by kkshen > 2019-05-18 23:07 | Report Abuse

Carimin is indeed a safer bet given its low debt position and +ve net cash position RM15.9mil. Dayang just announced fund raising exercise yesterday incl cash call to pare down debts

Posted by ivy88_ > 2019-05-23 10:17 | Report Abuse

Buy Carimin now! Mega sales. Great opportunity to collect now. Expected today after hour will come out.

Posted by dusti > 2019-05-23 10:25 | Report Abuse

Good luck to you ivy88. Let's see after hours

Posted by ivy88_ > 2019-05-23 10:34 | Report Abuse

if an investor review and research its core business fundamental last Qtr result statement, this Q119 will be an outstanding Qtr result for Carimin in term of increase work order & profit margin.

Posted by ivy88_ > 2019-05-23 10:37 | Report Abuse

Imagine for next Q2 & Q3 Qtr result, more earning on core business will improve, more work order & offshore maintenance raise.. strongly believe next 3 Qtr coming result will be outstanding & impressive vs other Dayang/Perdana or Penergy.

Posted by Kpin Yeoh > 2019-05-23 11:00 | Report Abuse

added in at .70

Posted by ZeroCityHunter > 2019-05-23 11:03 |

Post removed.Why?

Posted by kelvin_ik4u > 2019-05-23 12:53 | Report Abuse

Great opportunity to buy. I buy more today as I strongly believe this Q119 result is good. If a person look on whole year 2019, with work order & contract increase for oil maintenance companies, definitely Petronas is giving more jobs and sales order to these 5 companies.
For next 3 Quarter Q2, Q3 & Q4 will be impressive and grow higher as long as oil price within $65 to $75 range.

Analyst predict oil supply will shortage for this year 2019, expected oil price will raise to $90 as geopolitical sanction on Iran, Venezuela, Libya & Russia contaminated oil will bring effect to oil supply in 2H2019.

The key here is, will coming OPEC+ meeting this June will increase or maintain oil production. I believe OPEC+ will remain maintain supply, increase it to abit $75 to $80 region.

Trade war trigger by Trump will be a temporary market noise, those fear economy go to recession in end 2019 is ignorant. Trump next president election is mid/end 2020, will it cause it US economic to big drop, affect normal US citizen depress into recession?

A wise man speak before and proven correct in many decades: Be fear when people greedy, be greedy when people fear.

Posted by InvestorKING > 2019-05-23 13:14 | Report Abuse

Buy super undervalued stock: bumi Armada

Aminvest giving discount from its valuation of 36cents, hongleong giving valuation of 33cents, hwangaffin giving 31cents valuation (all these not target price, is fair valuation price), so by right the actual fair price is around 0.33 to 0.36

But the big shark still collecting the super cheap shares around 0.18 to 0.19

But before Armada being awarded the court winning for Woodside claim soon, 20cents gap up, that time will worth for 0 50+++

Posted by Kpin Yeoh > 2019-05-23 13:41 | Report Abuse

Bumi Armada is not efficient at all and keep losing money even contract awarded. During the turn around for the crude oil Bumi still failed to reflect its earning. I would prefer to buy Carimin than Bumi at least we are seeing it recover to profit for the last 2 quarter.

Result tell but not so call charting or guess.

Posted by Penergy > 2019-05-23 15:12 | Report Abuse

Loss QR so QR delay and directors disposed? Sell and buy Penergy safer. QR out and profitable.

Posted by kieferchong9 > 2019-05-23 16:53 | Report Abuse

Keep dropping

Posted by ivy88_ > 2019-05-23 17:18 | Report Abuse

Today share price 0.68 already factor in the worst case of earning -ve EPS result. If it maintain or show +ve earning result, that it a huge potential to shoot up to 1.00 if it hit EPS >+2sen & above.

Posted by moneykj > 2019-05-23 19:01 | Report Abuse

O&G play is finished.

Posted by akupolitikkk > 2019-05-23 19:04 | Report Abuse

another holland stock from KYY...tomoro another down...huray

Posted by Icon8888 > 2019-05-23 19:07 | Report Abuse

Another bomb exploded