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

UnicornP

2,855 posts

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

Hi moneykj.

beachboy

1,728 posts

Posted by beachboy > 2019-05-23 19:13 | Report Abuse

Currymee got div leh.. Better than dayang

calvintaneng

56,624 posts

Posted by calvintaneng > 2019-05-23 19:16 | Report Abuse

Very good!

Carimin result is positive and also able to give a fair 1.4 sen dividend

This is a refreshing change after so many lousy results

You guys at least got currymee to eat

Clap!

Clap!!

Clap!!!

Next watch Uzma result

Posted by Bouncingggg > 2019-05-23 19:20 | Report Abuse

Eps change from - ve to ve, this is good news rite?

Posted by kariwong9394 > 2019-05-23 19:27 | Report Abuse

Good result & better than to other same field company like Dayang & Penergy for this moonsoon season as many of the company is affected by the moonsoon...

Somemore, got dividen 1.4 sen per share to given out...

Well done & good job...Thanks to whose who sold out today...

Bullbursa

455 posts

Posted by Bullbursa > 2019-05-23 19:44 | Report Abuse

result not bad but not good enough to push the stock up. Qr dropped compared to precedent qr.

ivy88_

61 posts

Posted by ivy88_ > 2019-05-23 20:04 | Report Abuse

Carimin Qtr result quite promising, if investor exclude one-time earning drop (still +ve earning) due to seasonal monsoon season that affect all oil gas sector, less offshore maintenance business, actually overall Carimin is improving QoQ with 0.9sen earning (better than others Dayang/ Penergy/ Perdana Qtr result) + divident payout 1.4sen. Giving divident payout that also represent management is quite confidence on its next coming Qtr result for Q2 & Q3 onward.

Some more, revisit to Carimin's Q3'FY19 report, actually total cash vs debt ratio improve significantly with strong cash flow. Q3'FY19 total cash improve from RM49.7mil to RM61.6mil (that 24% QoQ total cash improve) + total debt (short + long) term debts reduce from RM58.5mil to RM55mil (+6.3% better). If investor looking onto bigger picture, next coming Qtr Apr till June (Q219) & Jul till Sept (Q319) will be much better, no monsoon season affected, more work sales & contract will be constructed and deliver, eventually deliver better earning result report.

Posted by Bouncingggg > 2019-05-23 20:23 | Report Abuse

Ivy - with conditions crude oil remain high.

Bullbursa

455 posts

Posted by Bullbursa > 2019-05-23 20:44 | Report Abuse

Brent crude below 70 now

KK

1,368 posts

Posted by KK > 2019-05-23 21:13 | Report Abuse

Haiz , good news come in a bad timing where uncertainty & turbulence in world market caused by US/China trade war couple with crude oil downward trend

Posted by huatahhuat > 2019-05-23 21:18 | Report Abuse

GG.com, from bad to worse than previous quarter.

sell

2,456 posts

Posted by sell > 2019-05-23 22:11 | Report Abuse

No wonder directors sold. Bad QR they knew? 40 sen back?

calvintaneng

56,624 posts

Posted by calvintaneng > 2019-05-23 23:05 | Report Abuse

Sell?
Sell your head now
After monsoon low season things will get better

dusti

2,404 posts

Posted by dusti > 2019-05-24 01:29 | Report Abuse

For tomorrow Dow is not likely to help

leoz88

24 posts

Posted by leoz88 > 2019-05-24 08:27 | Report Abuse

Oil recover slowly.

signalmw

3,314 posts

Posted by signalmw > 2019-05-24 08:28 | Report Abuse

50 sen 2day?

beachboy

1,728 posts

Posted by beachboy > 2019-05-24 08:46 | Report Abuse

I will collect more currymee if drop a lot. 1.4cent div I am Ok to have more

kelvin

2,808 posts

Posted by kelvin > 2019-05-24 09:47 | Report Abuse

beachboy, already drop a lot from 1.0.

Kwphuah

8 posts

Posted by Kwphuah > 2019-05-24 09:57 | Report Abuse

Why drop even earning positive

Kwphuah

8 posts

Posted by Kwphuah > 2019-05-24 11:45 | Report Abuse

Why??

Posted by kieferchong9 > 2019-05-24 15:16 | Report Abuse

keep dropping gg

Posted by DonaldTrumpMalaysia > 2019-05-24 15:21 | Report Abuse

wat happeneed

Posted by kariwong9394 > 2019-05-24 16:07 | Report Abuse

All market is bad... brent oil is dropping... wait for brent oil rebound...once brent oil re-bounce, many of the O&G company will be beneficial...

Buy low Sell high

Posted by InvestsucessTrader > 2019-05-24 16:22 | Report Abuse

Back to those glory days 0.42

Bullbursa

455 posts

Posted by Bullbursa > 2019-05-25 00:03 | Report Abuse

All other o&g earnings are not good in this qr due to monsoon. Carimin still made profit and declared div, a lot better than other peers. Coming qr results will be good after the low season. RM1.2 is not far fetched.

freddiehero

16,722 posts

Posted by freddiehero > 2019-05-25 09:49 | Report Abuse

lets break 0.30

Veron_teo

1,492 posts

Posted by Veron_teo > 2019-05-25 10:59 | Report Abuse

lol. after sendai, jaks, hengyuan lionind you all still wanna trust this kyy and otb.. they only got money but don't know stock market one

Bullbursa

455 posts

Posted by Bullbursa > 2019-05-25 11:31 | Report Abuse

Kyy is healing his wounds...

Posted by InvestsucessTrader > 2019-05-25 19:52 | Report Abuse

These counters killed many peoples who followed Dayang,carimin ,perdana,destini, DWL,

sell

2,456 posts

Posted by sell > 2019-05-26 11:25 | Report Abuse

60 sen directors not buy back? They want to wait 40 sen?

calvintaneng

56,624 posts

Posted by calvintaneng > 2019-05-26 18:39 |

Post removed.Why?

dusti

2,404 posts

Posted by dusti > 2019-05-27 10:28 | Report Abuse

Thot price slide to allow big shots to buy back then go back up?

InvestorKING

5,931 posts

Posted by InvestorKING > 2019-05-27 15:37 | Report Abuse

Buy bumi Armada (super super undervalued stock, and big shark still busy keep collecting stupid shorties shares)

Can you imagine, previous 2 good news like debt restructuring, able to move the price up from 0.21 to 0 285, then securing new India FPSO project, move the price up from 0.21 to 0.25, then all dropped back all the way to 0.18 from 0.25

Now with positive quarter report, price only up from 0.185 to 0.20???????

Is that really ridiculous?????


(MANIPULATION by shark and EPF behind too OBVIOUSLY, to collect more n more stupid shorties shares again and again, NON stop one

EPS 0.01 x PE minimum 10= 10cents (PE 10 is quite conservative already)

With EPS 1cent, but not able to move the share price up for 10cents, not even 5cents up

And you see the trading pattern, shark still busy collecting shorties shares at 0.195)

(Kindly take note that hongleong giving fair valuation at 0.33 before this quarter result, and aminvest giving 30% discount from its FAIR value of 0.33 before quarter this result also, not target price, it's FAIR valuation price)

InvestorKING

5,931 posts

Posted by InvestorKING > 2019-05-27 15:37 | Report Abuse

Buy bumi Armada (super super undervalued stock, and big shark still busy keep collecting stupid shorties shares)

Can you imagine, previous 2 good news like debt restructuring, able to move the price up from 0.21 to 0 285, then securing new India FPSO project, move the price up from 0.21 to 0.25, then all dropped back all the way to 0.18 from 0.25

Now with positive quarter report, price only up from 0.185 to 0.20???????

Is that really ridiculous?????


(MANIPULATION by shark and EPF behind too OBVIOUSLY, to collect more n more stupid shorties shares again and again, NON stop one

EPS 0.01 x PE minimum 10= 10cents (PE 10 is quite conservative already)

With EPS 1cent, but not able to move the share price up for 10cents, not even 5cents up

And you see the trading pattern, shark still busy collecting shorties shares at 0.195)

(Kindly take note that hongleong giving fair valuation at 0.33 before this quarter result, and aminvest giving 30% discount from its FAIR value of 0.33 before quarter this result also, not target price, it's FAIR valuation price)

InvestorKING

5,931 posts

Posted by InvestorKING > 2019-05-27 15:38 | Report Abuse

Buy bumi Armada (super super undervalued stock, and big shark still busy keep collecting stupid shorties shares)

Can you imagine, previous 2 good news like debt restructuring, able to move the price up from 0.21 to 0 285, then securing new India FPSO project, move the price up from 0.21 to 0.25, then all dropped back all the way to 0.18 from 0.25

Now with positive quarter report, price only up from 0.185 to 0.20???????

Is that really ridiculous?????


(MANIPULATION by shark and EPF behind too OBVIOUSLY, to collect more n more stupid shorties shares again and again, NON stop one

EPS 0.01 x PE minimum 10= 10cents (PE 10 is quite conservative already)

With EPS 1cent, but not able to move the share price up for 10cents, not even 5cents up

And you see the trading pattern, shark still busy collecting shorties shares at 0.195)

(Kindly take note that hongleong giving fair valuation at 0.33 before this quarter result, and aminvest giving 30% discount from its FAIR value of 0.33 before quarter this result also, not target price, it's FAIR valuation price)

Posted by Earthwood ... > 2019-05-27 16:07 | Report Abuse

i think can buy already.. drop from. 75 cent to 59 cent.

Sitandplay

140 posts

Posted by Sitandplay > 2019-05-27 16:19 | Report Abuse

all of you please catch the falling knife

Bullbursa

455 posts

Posted by Bullbursa > 2019-05-27 17:06 | Report Abuse

Tomorrow up 12%

tai yee

697 posts

Posted by tai yee > 2019-05-27 17:08 | Report Abuse

Agreed with Earthwood... 0.59 is a very tempting price for carimin.

Bullbursa

455 posts

Posted by Bullbursa > 2019-05-27 18:11 | Report Abuse

Next qr will be improved. In fact carimin is doing better than the rest. Shall see rm1.00 again

ken9893

2 posts

Posted by ken9893 > 2019-05-27 18:14 | Report Abuse

Penergy drop non stop , be careful carimin also follow . If break current price RM0.59 it will continue down trend .

Veron_teo

1,492 posts

Posted by Veron_teo > 2019-05-27 18:45 | Report Abuse

lol.

oasischeah

1,461 posts

Posted by oasischeah > 2019-05-27 19:05 | Report Abuse

Never know how low it can still go ? Most stocks also down but this one is too speculative

Posted by Moneyking543 > 2019-05-27 19:12 | Report Abuse

0.30¢

Will76

591 posts

Posted by Will76 > 2019-05-28 10:02 | Report Abuse

After reporting 3 consecutive QR with reducing profit, this stock has no positive catalyst for now.

This means this stock will have limited upside (usually dead cat bounce) and unlimited downside.

Posted by kieferchong9 > 2019-05-28 10:08 | Report Abuse

The recent QR bad is due to monsoon, believe next QR will have better result.

Posted by invincibledog > 2019-05-28 14:50 | Report Abuse

kyy sell share already la. old folk

Bullbursa

455 posts

Posted by Bullbursa > 2019-05-28 17:22 | Report Abuse

U think kyy control the mkt? Without kyy stock won’t move?

Posted by invincibledog > 2019-05-29 10:37 | Report Abuse

now put buyer will give throw straight away , selling pressure very big, wont up.

Bullbursa

455 posts

Posted by Bullbursa > 2019-05-29 13:46 | Report Abuse

Tokok acting like expert...pui

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