https://minh.haduong.com/files/HaDuong.ea-2017-VEAM17presentation.pdf

Will it breached RM1 or go other way around?

The 5-year concession for all its services will be due in May 2020.

Read again: ALL SERVICES!

If government stop renewing, MYEG will become ZERO.

Hope it limits up tomorrow and continue for the next 4 biz day.

You guys buying, these guys selling. They'll thank you for it.

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11-Feb-2019 Insider PLATINUM CASTLE SDN. BHD. (a substantial shareholder) disposed 458,600 shares on 07-Feb-2019.
11-Feb-2019 Insider WHE BINA SDN. BHD. (a substantial shareholder) disposed 458,600 shares on 07-Feb-2019.
11-Feb-2019 Insider ENCIK WAN HAMDAN BIN WAN EMBONG (a substantial shareholder) disposed 458,600 shares on 07-Feb-2019.
11-Feb-2019 Insider MR GAN HAI TOH (a substantial shareholder) disposed 163,300 shares on 08-Feb-2019.
11-Feb-2019 Insider MR GAN HAI TOH (a substantial shareholder) disposed 300,000 shares on 07-Feb-2019.

Since the crude oil average had dropped 15% from last quarter result, there's a possibility, topline and bottom line maybe impacted this coming quarter result.

Correct me if I'm wrong, 1,200MW power plant can only power 10,000 homes only
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A 1,200MW power plant can power up 1.2m homes satisfying the need of 6m people which is almost the population of Selangor state. At RM300 per household, it is a RM4.32billion per annum business! Definitely a big business to be reckoned with.

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/192789.jsp

@ Veron_teo

I guess you bought it above 80 cent.

@ tehka

No of shares and free float% plays an important part also.

@ qqq3

Of course. Just restructure or rollover it.
Just like US shutdown....once reach the debt ceiling, increase limit will do...

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Posted by qqq3 > Feb 11, 2019 12:39 PM | Report Abuse

Dayang has current assets of $ 500m, current liabilities of $ 1300 million......can handle or not?

The 3 banks still unloading the unsubscribe 1.8 billion shares.
Will go lower as they sell.

Carimin move up from 20 cent to 80 cent with 1 bil project.
So Dayang will move from 50 cent to 3.00 with 3 bil project.

Any comment?

@ newrookie

One of these large projects (ECRL, Pan Borneo & HSR) is equivalent to all the construction projects combined.
So it's still important to get it.

Airasia is a better buy.

That was when oil price is above USD100.

By next few weeks, the quarter result will be out.
Let the numbers show who is right.

@ pang72

Already went up from 20 cent to 86 cent.
More than 4X

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Posted by pang72 > Feb 7, 2019 08:33 PM | Report Abuse

We want gain 3x or 4x to maximum the profit for a good company like carimin..
So, still tight tight hold lo

Shareholders starting to sell already??

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31 Jan 2019 CARIMIN PETROLEUM BERHAD Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - ENCIK WAN HAMDAN BIN WAN EMBONG

2 31 Jan 2019 CARIMIN PETROLEUM BERHAD Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - MR GAN HAI TOH

3 31 Jan 2019 CARIMIN PETROLEUM BERHAD Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - PLATINUM CASTLE SDN. BHD.

4 31 Jan 2019 CARIMIN PETROLEUM BERHAD Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - WHE BINA SDN. BHD.

5 14 Jan 2019 CARIMIN PETROLEUM BERHAD Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - WHE BINA SDN. BHD.

6 14 Jan 2019 CARIMIN PETROLEUM BERHAD Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - PLATINUM CASTLE SDN. BHD.

7 14 Jan 2019 CARIMIN PETROLEUM BERHAD Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - ENCIK WAN HAMDAN BIN WAN EMBONG

8 14 Jan 2019 CARIMIN PETROLEUM BERHAD Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - MR LIM YEW HOE

9 14 Jan 2019 CARIMIN PETROLEUM BERHAD Changes in Director's Interest (Section 219 of CA 2016) - MR LIM YEW HOE

10 14 Jan 2019 CARIMIN PETROLEUM BERHAD Notice of Person Ceasing (Section 139 of CA 2016) - MISS LIM GUAN NEE

Whether next quarter result will still earn eps=5 cent, is still anyone's guess. If it hit losses due to impairment, a sharp correction maybe possible.

@ limkokthye

I think is temporary only.
The funds are adjusting their portfolio and switching to other counters or investment.
They will still be holding at least 5%.

@ DK66

You're right.
I'm still a strong believer of the IPP power plant.
However, not a believer of J@K$ handling it properly.

A small project like Pacific Star(USD200mil) with 51% stake could even go wrong.
Of course, many would say the project has many changes to the original design causing massive delay.

Well, a USD1.8bil power plant with Chinese counterpart would present greater issues. I doubt J@K$ ability to handle them.

IB selling down the unsubscribe shares of 1.8 bil.
May take a few months of beating.

@ DK66

All the best to you and the others who are holding.
I think it may drop further before recovering.


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Posted by DK66 > Jan 29, 2019 07:41 PM | Report Abuse

newbie8080, Jaks is for those who believe in the long term value of the power plant. For those who are doubtful, like you said, should just sell and move on to other stocks.

However, it seems that a lot has chosen to stay even until this day including those in doubt. why ?

Because the vietnam ipp is just too huge to ignore.

@ pputeh

Aeon credit is non bank financial institution offering small loans and credit card to consumers.
LPI is a insurance company.

Zooming toward rm1 soon.

@ shpg22

Berkshire Hathaway is an investment company different from LPI which is just an insurance company.
Bershire also do not declare dividends unlike LPI.

Totally different type of company.

@ DK66

Besides that, the major shareholder had disposed and move on to Carimin.

Quite pricey at current PE=20.
Any comment?

@ DK66

Well done trying to put facts here.
However, the share price seems to be saying otherwise.
From 1.80 to 0.5, proves that it's possible to go from 0.50 to 0.10.
No one is buying on the power plants prospect unlike MFCB which still have value at RM2 during the construction of the plant.

@ dragonslayer

Shell have USD77 bil in debts.

https://www.shell.com/investors/financial-reporting/quarterly-results/quarterly-results-2018/q3-2018/_jcr_content/par/toptasks_1119141760.stream/1540997460811/0471eeba6196db8eb689d44e74a4e67193af7da812dea25a12ddf655f20ca84f/q3-2018-qra-document.pdf

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Posted by dragonslayer > Jan 29, 2019 10:19 AM | Report Abuse

Aiyo..only...debt free ong in the workd...ada salah boh...lol...wait for shell to announce qtrly report this week if not wrong....earn
how much per annum...you see how small is bungaraya lah...lol.. aiyoyo...kikiki

The only debt free oil&gas company is the world.

Haha, since you're looking at 20 cent.
Better wait for 1 cent instead

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Posted by i3lurker > Jan 28, 2019 03:43 PM | Report Abuse

you are right it wun go back to 40 sen

it will go back to 20 sen

Going to reach soon.
Prepare your cash.

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Posted by viagra > Jan 23, 2019 08:43 PM | Report Abuse

No way back to 0.4 already... I wish I can get at rm0. 4 too

1.8 billion shared owned by 3 investment bank worth RM540 mil @ 30 cent/share

But now at 28 cent, paper loss of RM36mil for the banks.

@ speakup

With such a "good news", shareholders are selling?

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24-Jan-2019 Insider DATO' SRI MOHD HILMEY BIN MOHD TAIB (a substantial shareholder) disposed 150,000 shares on 22-Jan-2019.
24-Jan-2019 Insider DATO' SRI MOHD HILMEY BIN MOHD TAIB (a company director) disposed 150,000 shares on 22-Jan-2019.

@ speakup

Merger?
How 2 companies worth 100m each can benefit each other?

Any comment for next upcoming quarterly result?

No more a monopoly company with more company's able to deliver e-gov services.

Funds are disposing.
Seems an uphill task to entice new customers and orders.

@ Dericlock

So for 2019, need around RM200 mil for capex for the 2 oil wells?
For this year, is either breakeven or make losses?

http://www.theedgemarkets.com/article/another-round-og-impairment-seen-4q18

So sad to see the 3 investment bank forced to subscribe to the 1.85 billion under-subscribe shares.
Really bad biz dealing with SAPNRG

So next quarter EPS also at least 5 cent?

Good write up

Going back to 0.40?

@ sardin81

Going for 1 cent soon.

As you guys are buying, notice that the shareholders are selling.

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14-Jan-2019 Insider Notice of ceasing to be substantial holder - MISS LIM GUAN NEE on 10-Jan-2019.
14-Jan-2019 Insider WHE BINA SDN. BHD. (a substantial shareholder) disposed 382,900 shares on 10-Jan-2019.
14-Jan-2019 Insider ENCIK WAN HAMDAN BIN WAN EMBONG (a substantial shareholder) disposed 382,900 shares on 10-Jan-2019.
14-Jan-2019 Insider PLATINUM CASTLE SDN. BHD. (a substantial shareholder) disposed 382,900 shares on 10-Jan-2019.
14-Jan-2019 Insider MR LIM YEW HOE (a substantial shareholder) disposed 300,000 shares on 10-Jan-2019.
14-Jan-2019 Insider MR LIM YEW HOE (a substantial shareholder) disposed 73,200 shares on 10-Jan-2019.
14-Jan-2019 Insider MR LIM YEW HOE (a substantial shareholder) disposed 1,600 shares on 09-Jan-2019.
14-Jan-2019 Insider MR LIM YEW HOE (a company director) disposed 300,000 shares at 0.626 on 10-Jan-2019.
14-Jan-2019 Insider MR LIM YEW HOE (a company director) disposed 73,200 shares at 0.622 on 10-Jan-2019.
14-Jan-2019 Insider MR LIM YEW HOE (a company director) disposed 1,600 shares at 0.620 on 09-Jan-2019.

Another worthless GLC company being push up.

@ Nikmon

So by the next CNY 2020, should be RM2.