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

ck2201

223 posts

Posted by ck2201 > 2019-10-14 09:58 | Report Abuse

Today is the day hehe ^-^

ck2201

223 posts

Posted by ck2201 > 2019-10-14 09:59 | Report Abuse

Yohoo!!!

ck2201

223 posts

Posted by ck2201 > 2019-10-14 10:04 | Report Abuse

Wah !!! Reached RM1.28 once!!!

Bluey

349 posts

Posted by Bluey > 2019-10-14 10:12 | Report Abuse

Yay, yay, heading for my TP of 1.47.

ck2201

223 posts

Posted by ck2201 > 2019-10-14 10:15 | Report Abuse

Jeng JENG ^-^ Reach RM1.28 twice!!!

bc8660

253 posts

Posted by bc8660 > 2019-10-14 10:51 | Report Abuse

Still lagging behind, hope to catch up soon.

ck2201

223 posts

Posted by ck2201 > 2019-10-14 11:50 | Report Abuse

Here we go !!!!!

ck2201

223 posts

Posted by ck2201 > 2019-10-14 11:53 | Report Abuse

!!!!!! "v"

dusti

2,404 posts

Posted by dusti > 2019-10-14 14:25 | Report Abuse

What's?! Only 1.47? My TP is 1.66.

林俊松

6,930 posts

Posted by 林俊松 > 2019-10-14 16:16 | Report Abuse

Wah... today every1 is happy... all Dayang, Uzma, Armada & Carimin up.

bc8660

253 posts

Posted by bc8660 > 2019-10-14 16:21 | Report Abuse

PE below 14.x should be quite reasonable for me.
The current price only trading at PE 10.x and has more upside.

Posted by Robert Waters > 2019-10-14 17:45 | Report Abuse

Do I read it well, as it says 1.32 MYR ???
Maybe it is some mistake as all here discuss reaching 1.28.

Wow. At loss of words.

dusti

2,404 posts

Posted by dusti > 2019-10-14 19:55 | Report Abuse

CARIMIN IS REALLY ROCKING,

TanDavid88

1,137 posts

Posted by TanDavid88 > 2019-10-14 20:48 | Report Abuse

Looking at the 5 stocks OTB recommended for 2019.

Carimin
Dayang
Jaks
Penergy
Uzma.

All shoot through the roof top.

Will76

591 posts

Posted by Will76 > 2019-10-14 23:28 | Report Abuse

Breaking News from CNBC

Oil prices dropped on Monday as scant details about the first phase of a trade deal between the United States and China undercut optimism over a U.S.-Sino thaw that had helped lift crude markets by 2% at the end of last week.

Brent crude dropped $1.85, or 3.1% to $58.66 a barrel, while U.S. West Texas Intermediate (WTI) crude lost $1.74, or 3.2% to $52.99 a barrel.

sell

2,456 posts

Posted by sell > 2019-10-15 02:26 | Report Abuse

14-Oct-2019 Insider Notice of ceasing to be substantial holder - MR LIM YEW HOE on 11-Oct-2019.
14-Oct-2019 Insider MR LIM YEW HOE (a company director) disposed 1,000,000 shares at 1.200 on 11-Oct-2019.
14-Oct-2019 Insider MR LIM YEW HOE (a company director) disposed 250,000 shares at 1.200 on 11-Oct-2019.

sell

2,456 posts

Posted by sell > 2019-10-15 07:44 | Report Abuse

Those follow KYY will likely get roasted when more and directors dispose each day. Earlier is KYY pump and dump eg in HRC, Jaks, Sendai etc.

sell

2,456 posts

Posted by sell > 2019-10-15 07:46 | Report Abuse

Mokhtar bin Hashim still left 58 million shares. So KYY must spend > RM 70 million to buy all?

Bluey

349 posts

Posted by Bluey > 2019-10-16 09:16 | Report Abuse

Monday 14/10 saw volume traded surged about 3 times daily average. Surely, those investors expect price to appreciate? At least to my TP of 1.47? Have a profitable trading day!

Posted by akupolitikkk > 2019-10-16 14:54 | Report Abuse

Expected drop 10% today...SELL

林俊松

6,930 posts

Posted by 林俊松 > 2019-10-16 14:58 | Report Abuse

Is time to move on.
Bye~

dusti

2,404 posts

Posted by dusti > 2019-10-16 15:22 | Report Abuse

Is it just traders being weeded out?j

calvintaneng

56,622 posts

Posted by calvintaneng > 2019-10-16 15:36 | Report Abuse

DIRECTORS/INSIDERS OF CARIMIN SELLING AND RUNNING AWAY

SELL CARIMIN AND BUY NETX NOW

GO HIDE IN THE SAFETY OF NETX

NETX GOT 3 SEN PURE CASH AND ALMOST ZERO BORROWINGS

AND GOOD PROSPECT OF RM21.6 BILLIONS FIBERISATION JOB TO BE AWARDED

dusti

2,404 posts

Posted by dusti > 2019-10-16 16:24 | Report Abuse

How many grades of snake oil is the bloke selling?

mkmike

220 posts

Posted by mkmike > 2019-10-16 16:50 | Report Abuse

The bloke was promoting T7Global when its price was at 0.52 early this year. Look what happens now.

Johnchew

2,405 posts

Posted by Johnchew > 2019-10-16 20:20 | Report Abuse

Ho ho Singaporean calvin is a blower..

w Netx 14/10..272 mil shares..today T+2 125mil shares done....tomolo force selling...beware

fkser

622 posts

Posted by fkser > 2019-10-17 08:14 | Report Abuse

some pull back signal here , try to take some profit first

Bluey

349 posts

Posted by Bluey > 2019-10-17 09:07 | Report Abuse

This bloke is everywhere, doing evil stuff. When exposed he will delete and disaappear.ha ha .
Carimin has more stamina, interesting dividend payer.

calvintaneng

56,622 posts

Posted by calvintaneng > 2019-10-17 13:37 |

Post removed.Why?

dusti

2,404 posts

Posted by dusti > 2019-10-18 11:35 | Report Abuse

Can start collecting?

Dinasour

61 posts

Posted by Dinasour > 2019-10-18 14:26 | Report Abuse

sure.. next QR coming.. listen to kyy.. =D

ken

673 posts

Posted by ken > 2019-10-18 20:28 | Report Abuse

Almost 4 million shares disposed by directors for the past one week; between RM1.20 to RM1.36. I can't figure out a good reason why almost all directors selling their shares in open market, IF the business is Sooo good and profit going to be very good in the coming QRs. Why dont they just keep for another one month for the fantastic good QR to be released end of November!!! Anyone can enlighten me?

calvintaneng

56,622 posts

Posted by calvintaneng > 2019-10-19 15:09 |

Post removed.Why?

Johnchew

2,405 posts

Posted by Johnchew > 2019-10-19 19:13 |

Post removed.Why?

Ooi Teik Bee

11,550 posts

Posted by Ooi Teik Bee > 2019-10-20 15:30 | Report Abuse

I wish to challenge you that the growth of Oil And Gas maintenance players performance will be good for next 2 to 3 years. It will be good until at least 2020/1.
I had done my homework many ... many times, I wish to debate based on facts and figures.
I do not have any insider information, all information I gathered is from quarter result or report.
Look at quarter result performance as follows :-
https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=5257

Let me know is my homework correct or not.
All technology stocks are running ahead of fundamental, PER cannot be used to value the stock price.
Look at Netx quarter result performance as follows :-
https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=0020

I will definitely will not buy this type of stock.
All readers, please do your homework, you should understand why I wish to challenge him.

Thank you.
Ooi

Bluey

349 posts

Posted by Bluey > 2019-10-20 20:39 | Report Abuse

Conversation of four investors at a popular coffee place in PJ today was on O&G and all four wondered whether Carimin will surprise with a third dividend..............??? Please share a view.TQ
.

Ooi Teik Bee

11,550 posts

Posted by Ooi Teik Bee > 2019-10-21 12:35 | Report Abuse

Dear bc8660,
The short terms oil price volatile will not impact the O&G services segment, in fact, this may provide an opportunity for more support maintenance works, the people now very smart and already realized this fact.

Don't try to fool people there, the Carimin uptrend would remain intact.

For me, Carimin is one of the best company picks in this sector, not regrets!

Ans :
I think you are very good in analyse stock.
I agreed with you.
Carimin passed 5 of my most important criteria to assess the fundamental of a stock.
Growth - 213% compared against previous year
Cash flow generating from operating activities - 35 million in Q4 2019 result
PER - 8.5
ROE - 18.2%
EV/Ebit - 5.9

TA chart pattern is "Cup And Handle Chart Formation" which is super bullish.

I wish to buy cheap today, unfortunately I cannot get it despite bearish KLSE market sentiment.
I still hope to buy some on weakness if there is one in next few days.

Best of luck in your investment.
Thank you.
Ooi

Ooi Teik Bee

11,550 posts

Posted by Ooi Teik Bee > 2019-10-21 12:36 | Report Abuse

Do not listen to rumour, please do your homework and check my statement.
Thank you.
Ooi

Stanley8

203 posts

Posted by Stanley8 > 2019-10-21 14:12 | Report Abuse

1. Naim (95.5sen)
No of share volume: 514m
Market Cap: 491m

2. Dayang (RM 1.93)
No of share volume: 965m
Market Cap: 1862m


Naim have 26.4% stake in Dayang = RM 491.6m = whole Naim value. These Naim 26.4% investment in dayang already is its entire market value give rise to Naim core assets are essentially FREE.

Among Naim FREE assets are 2600 acre of landbank situated in 3 flagship property project in Miri, Kuching and Bintulu + construction orderbook (RM 2 billion including pan Borneo highway),

Despite, possess so many assets and investment in Dayang 26.4% stake + 10% stake in Perdana, Naim balance sheet remain very healthy with cash holding RM 310m, and short+long term borrowing RM 510m.

VincentTang

1,228 posts

Posted by VincentTang > 2019-10-21 14:49 | Report Abuse

Buy call Uzma, Jaks, Carimin and Perdana. Sapu...

Stanley8

203 posts

Posted by Stanley8 > 2019-10-21 14:58 | Report Abuse

Next month is Sarawak state budget, many infrastructure project including coastal highway, trunk road are awaiting to be awarded. Naim is key highway beneficial in the state.

VincentTang

1,228 posts

Posted by VincentTang > 2019-10-22 10:49 | Report Abuse

XXX buy call Uzma, Jaks, Carimin and Perdana. Sapu... Sapu again...

Posted by bargadcapital > 2019-10-22 14:28 |

Post removed.Why?

pertamina

215 posts

Posted by pertamina > 2019-10-22 18:49 | Report Abuse

Insider keep on selling is not a good sign. Uzma is way more safer.

DatoLim24

75 posts

Posted by DatoLim24 > 2019-10-23 01:35 |

Post removed.Why?

dusti

2,404 posts

Posted by dusti > 2019-10-23 12:04 | Report Abuse

Not many "insiders" know much about a company, some are happy with 5 sen profit, others go for 40 sen. Don't worry about them or the manipulators on the forum. Follow your own feelings and take your profit at your own time.

OTB

11,550 posts

Posted by OTB > 2019-10-23 14:03 | Report Abuse

Calvin Tan is using diamond to exchange for carbide.
Netx can buy ? Please check yourself.
https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=0...
Netx is not ready yet.
May be 6 months later to show at least 1 or 2 good quarter results first.

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