Be the first to like this.

54 comment(s). Last comment by MissElizaClarke 2018-01-28 00:03

calvintaneng

56,552 posts

Posted by calvintaneng > 2018-01-26 15:50 | Report Abuse

VERY GOOD

CARIMIN AT 42 SEN IS GOING AT A NICE 62% TO IPO
26/01/2018 15:09
X
calvintaneng AND AT 42 SEN WITH SOLID NAV OF 67 SEN IT HAS A 38% DISCOUNT TO NTA

FOR MARGIN OF SAFETY
26/01/2018 15:10
X
calvintaneng A CHECK WITH ITS NTA REVEALED THAT A 2 STOREY SHOPHOUSE IN SS15 SUBANG JAYA HAS A BOOK VALUE OF RM224,911

AND CURRENT MARKET VALUE IS RM3.8 MILLIONS

SO IF REVALUED THIS SINGLE SHOPHOUSE IS WORTH 10X MORE

AND BEING A NEW IPO THE PLANTS/EQUIPMENTS ARE STILL FAIRLY NEW

SO THERE IS REAL RESIDUAL VALUE IN CARIMIN
26/01/2018 15:13
X
calvintaneng WITH THE REVIVAL OF BRENT CRUDE CROSSING USD71 A BARREL PETRONAS HAS AGAIN GIVEN FRESH JOB FOR CARIMIN. THIS CONTRACT WILL LAST FOR 5 YEARS
26/01/2018 15:14
X
calvintaneng ALREADY IN THE BAG IS A WATER JOB AWARD FOR RM60 MILLIONS

THIS WILL SPLIT INTO 2 YEARS WHICJ MEANS A REVENUE OF RM30 MILLIONS PER YEAR

AT 12% GROSS PROFIT CARIMIN EXPECTED TO GARNER RM3.6 MILLIONS FOR 2018 AND 2019

THIS ONE SINGLE CONTRACT ALREADY ENOUGH TO TILT THE ACCOUNTS INTO POSITIVE TERRITORY

AND MANY MORE EXPECTED ON THE WAY AS PETRONAS RAPID WILL START OPERATION OFFICIALLY BY YEAR END 2018

RAPID HAS A CAPEX OF A WHOPPING RM170 BILLIONS IN 10 YEARS.. LONG JOB ORDERS EXPECTED FOR CARIMIN
26/01/2018 15:18
X
calvintaneng AND CRUDE OIL WILL BE WELL SUPPORTED TO GET OTHER PLAYERS INTO RAPID

SAUDI WANTS CRUDE PRICE TO REMAIN ELEVATED BECAUSE OF ARAMCO IMPENDING IPO IN LONDON, NEW YORK OR HONG KONG (MALAYSIA TRX MIGHT ALSO BE A POSSIBLE CANDIDATE)

A WHOPPING USD2 TRILLIONS IPO OR ABOUT RM7.8 TRILLIONS

calvintaneng

56,552 posts

Posted by calvintaneng > 2018-01-26 15:51 | Report Abuse

TO SUPPORT CRUDE OIL PRICE SAUDI KING SALMAN MET PUTIN OF RUSSIA TO CONTROL OIL OUTPUT

RUSSIA IS ALSO AN OIL POWER

SEE

https://www.youtube.com/watch?v=bczgmVnshxw

calvintaneng

56,552 posts

Posted by calvintaneng > 2018-01-26 15:52 | Report Abuse

AND SEEING THE TURNING FORTUNE OF CARIMIN

INSIDERS HAVE BEEN BUYING AND BUYING UP CARIMIN SHARES QUIETLY

TAN SRI DATO' KAMARUZZAMAN BIN SHARIFF 29-Sep-2017 Acquired 950,000 0.470 View Detail
MR LIM YEW HOE 14-Aug-2017 Acquired 1,000,000 0.295 View Detail
MR LIM YEW HOE 14-Aug-2017 Disposed 1,000,000 0.295 View Detail
MR LIM YEW HOE 19-Jul-2017 Acquired 4,300,000 0.295 View Detail
MR LIM YEW HOE 19-Jul-2017 Acquired 281,900 0.295 View Detail
MR LIM YEW HOE 03-Jul-2017 Acquired 5,000,000 0.320 View Detail
MR LIM YEW HOE 07-Jun-2017 Acquired 550,000 0.320 View Detail
MR LIM YEW HOE 30-May-2017 Acquired 50,200 0.300 View Detail
MR LIM YEW HOE 19-Apr-2017 Acquired 1,700,000 0.380 View Detail
MR LIM YEW HOE 14-Apr-2017 Acquired 50,000 0.310 View Detail
MR LIM YEW HOE 14-Apr-2017 Acquired 1,800,000 0.380 View Detail
MR LIM YEW HOE 15-Mar-2017 Acquired 24,000 0.315 View Detail
MR LIM YEW HOE 14-Mar-2017 Acquired 6,000 0.310 View Detail
MR LIM YEW HOE 13-Mar-2017 Acquired 20,000 0.314 View Detail
ENCIK SHATAR BIN ABDUL HAMID 29-Aug-2016 Acquired 246,500 0.350 View Detail
MR LIM YEW HOE 20-Jul-2016 Acquired 34,900 0.375 View Detail
MR LIM YEW HOE 20-Jul-2016 Acquired 30,000 0.380 View Detail
MR LIM YEW HOE 20-Jul-2016 Acquired 1,000 0.385 View Detail
MR LIM YEW HOE 12-Jul-2016 Acquired 23,000 0.375 View Detail
MR LIM YEW HOE 30-May-2016 Acquired 25,000 0.400 View Detail

calvintaneng

56,552 posts

Posted by calvintaneng > 2018-01-26 15:52 | Report Abuse

AND OUTSIDE SUBSTANTIAL SHAREHOLDERS ALSO BUYING AND BUYING

MR GAN HAI TOH 11-Jan-2018 Acquired 200,000 0.000 View Detail
MR GAN HAI TOH 06-Dec-2017 Acquired 16,000 0.000 View Detail
MR GAN HAI TOH 05-Dec-2017 Acquired 200,000 0.000 View Detail
MR GAN HAI TOH 02-Oct-2017 Acquired 400,000 0.000 View Detail

THESE ACCUMULATIONS WERE RECENT AND CONSISTENT

lextcs

1,961 posts

Posted by lextcs > 2018-01-26 15:53 | Report Abuse

it sud be almost limit up by now...but why isn't it?

calvintaneng

56,552 posts

Posted by calvintaneng > 2018-01-26 15:53 | Report Abuse

AND ONE LADY BY THE NAME OF

MISS LIM GUAN NEE 19-Jul-2017 Notice of Interest 15,698,300 0.000 View Detail

SUDDENLY APPEARED IN TOP HOLDERS OF CARIMIN WITH 15.6 MILLION CARIMIN SHARES!

THIS SHOWS SOME BIG THINGS MIGHT BE BREWING IN CARIMIN

calvintaneng

56,552 posts

Posted by calvintaneng > 2018-01-26 15:53 | Report Abuse

CARIMIN?

APA ITU?

CARI AS IN SEARCH OR FIND IN MALAY

MIN SOUNDS LIKE MONEY/WEALTH

SO MAY ALL FIND SUBSTANTIAL WEALTH IN CARIMIN PETROLEUM!!

Alex™

12,594 posts

Posted by Alex™ > 2018-01-26 16:31 | Report Abuse

chun chun call mr calvin =D

calvintaneng

56,552 posts

Posted by calvintaneng > 2018-01-26 17:21 | Report Abuse

Alex™ chun chun call mr calvin =D
26/01/2018 16:31

Thks Alex

Hopefully, this will be another Waseong

Posted by MissElizaClarke > 2018-01-26 23:27 | Report Abuse

whats the TP?

apolloang

18,163 posts

Posted by apolloang > 2018-01-26 23:36 | Report Abuse

datuk calvin now u follow many crook tactics ar?already up more than 10% today, now u post and call people to buy ar? u been buying at 38cts a few days ago isn't it?

calvintaneng

56,552 posts

Posted by calvintaneng > 2018-01-26 23:44 | Report Abuse

Eliza
Target price is 80 sen.

apolloang

18,163 posts

Posted by apolloang > 2018-01-26 23:46 | Report Abuse

u gotta be kidding me rite.....hahaha

apolloang

18,163 posts

Posted by apolloang > 2018-01-26 23:47 | Report Abuse

I tot u u say butaland TP 80cts

calvintaneng

56,552 posts

Posted by calvintaneng > 2018-01-26 23:52 | Report Abuse

Sultan Apolloang,

I first bought at 42.5 sen. Then average down on weakness.

See, i called for a buy on jaks at 40 sen. After it crosses 50 sen i stopped. In fact i told all to sell jaks at Rm1.00

As for Dutaland i first promoted at 39.5 sen. Even at 55 sen i still think dutaland is undervalue.

And Carimin Director last purchase price was 47 sen.

So Carimin is still cheap in view of it being

a) AN ASSET PLAY. AS IT IS SELLING AT MORE THAN 30% DISCOUNT TO NTA

b) IT IS NOW A TURNAROUND PLAY AS BRENT CRUDE HAS CROSSED USD70.

c) LATER IT WILLB E LIKE MASTEEL AS A CYCLICAL GROWTH STOCK. BY THEN PRICE SHOULD HAVE CROSSED 80 SEN AND MANY OTHERS WILL GO GAGA AND SRART CHASING

FOR NOW PRICE IS STILL LOW.

calvintaneng

56,552 posts

Posted by calvintaneng > 2018-01-26 23:55 | Report Abuse

DUTALAND FIRST TARGET PRICE IS RM1.00
NEXT DEPENDS ON DUTA YAP

apolloang

18,163 posts

Posted by apolloang > 2018-01-26 23:57 | Report Abuse

carimin director yeoh 1st bought at 28cts only,last year....anyway I dunno u post to buy jaks at 40cts

apolloang

18,163 posts

Posted by apolloang > 2018-01-27 00:04 | Report Abuse

from carimin forum

apolloang anyway also down a lot from 60cts....if bought over 50-60cts only option is hold.it won't up a lot but down also limited

27/11/2017 18:16

datuk calvin if u tell me earlier this stock I hentam liao,i saw this when 31cts only last month. 2 rounds already I miss on this stock.1st round is when the director yeoh bought at 28cts only

calvintaneng

56,552 posts

Posted by calvintaneng > 2018-01-27 00:04 | Report Abuse

Go to Jaks forum tread.
Scroll back to december 16 2014

I CALLED FOR A BUY ON JAKS AT 40 SEN.

apolloang

18,163 posts

Posted by apolloang > 2018-01-27 00:05 | Report Abuse

sorry type wrong....the director name is lim yew hoe

apolloang

18,163 posts

Posted by apolloang > 2018-01-27 00:07 | Report Abuse

he bought 5,000,000 july last year.that time only 28cts

apolloang

18,163 posts

Posted by apolloang > 2018-01-27 00:07 | Report Abuse

2014 I am not in this forum yet....haha

Posted by John《 HIBISCUS 》 TP RM2 > 2018-01-27 00:09 | Report Abuse

I tot u just said all in in Opcom??

apolloang

18,163 posts

Posted by apolloang > 2018-01-27 00:12 | Report Abuse

opcom already up from 36 cts to 53cts before dropping now.....hehe

calvintaneng

56,552 posts

Posted by calvintaneng > 2018-01-27 00:15 | Report Abuse

WHEN JAKS WAS LOW AT 40 SEN I WAS VERY BULLISH. JAKS OVER RM1.00 OTHERS ARE BULLISH

WHEN MASTEEL WAS 66 SEN I WAS SO BULLISH. MASTEEL OVER RM1.50 MANY OTHERS TURNED VERY BULLISH

WHEN RCECAP WAS 27.5 SEN I WAS BULLISH. WHEN RCECAP OVER RM1.50 MANY TURNED BULLISH

WHEN DUTALAND WAS 39.5 SEN I WAS BULLISH. NOW DUTALAND AT 60 SEN GO SEE WHO IS BULLISH THERE?

SO WAS WANGZNG AT 75 SEN, PRESTAR AT 46 SEN AND WASEONG AT 73 SEN AND INSAS AT 65 SEN.

RIGHT TIME TO BE BULLISH IS WHEN ALL OTHERS ARE STILL BEARISH


AND WHEN ALL OTHERS HAVE TURNED BULLISH IT IS THE TIME TO BE CAUTIOUS.

SINCE 80% OF THE PEOPLE EVENTUALLY LOSE MONEY DUE TO GREED AT WRONG TIME WHEN PRICE IS EXPENSIVE AND TO BE FEARFUL AT WRONG TIME WHEN PRICE IS CHEAP

THE ONLY WAY TO ESCAPE LOSSES IS BY BEING TRUE CONTRARIAN.

TO BE FEARFUL WHEN OTHERS ARE GREEDY. AND TO BE GREEDY WHEN OTHERS ARE FEARFUL. THIS IS EASIER SAID THAN DONE.

apolloang

18,163 posts

Posted by apolloang > 2018-01-27 00:19 | Report Abuse

carimin M&A securities is the underwriter for it's IPO,when wanna listing in 2014,i ask the people inside for a placement....they very lan si and say not enough to distribute

calvintaneng

56,552 posts

Posted by calvintaneng > 2018-01-27 00:23 | Report Abuse

Correct. At Ipo Carimin at rm1.10 every one wanted at wrong timing.

At 28 sen when nobody wanted insiders loaded up.

At 3 sen insiders loaded up Huaan kaw kaw.

Always watch Insiders buying.

apolloang

18,163 posts

Posted by apolloang > 2018-01-27 00:23 | Report Abuse

that time oil 100 bucks lah

apolloang

18,163 posts

Posted by apolloang > 2018-01-27 00:25 | Report Abuse

also at that time the company no posted loss

apolloang

18,163 posts

Posted by apolloang > 2018-01-27 00:28 | Report Abuse

actually I don't like to buy loss companies unless they are undervalue or got huge assets like butaland.

calvintaneng

56,552 posts

Posted by calvintaneng > 2018-01-27 00:30 | Report Abuse

Did you sapu Dutaland last 40 lots at 61 sen at today closing price? If not it should Duta Yap himself buying through proxy

apolloang

18,163 posts

Posted by apolloang > 2018-01-27 00:34 | Report Abuse

u guess almost rite but not me....why u know always closing is me? hehe.

calvintaneng

56,552 posts

Posted by calvintaneng > 2018-01-27 00:38 | Report Abuse

THERE ARE 3 STAGES

1. BUY AT TOTAL UNDERVALUATION WHEN IT IS A BOMBED OUT STOCK.

2. BUY AT SECOND STAGE LIKE NOW WHEN OIL HAS REBOUNDED. SO THIS IS CALL A TURNAROUND BUY

3. BUY WHEN EVERYTHING IS CLEAR AS CLEAR AS CRYSTAL... EVERYONE ALREADY KNOW THE GROWTH STORY...

THE STOCK BECOMES LIKE MS UNIVERSE

I TOTALLY AVOID NUMBER 3! YOU CAN'T MAKE MUCH MONEY ON THAT WHICH IS SO POPULAR. LIKE SELLING RICE, EGG, FLOUR OR SUGAR. ONLY FEW CENTS PROFIT.

I LIKE NO. 1.
AND SINCE SO UNPOPULAR PEOPLE THOUGHT THEY WERE RUBBISH.

AND SO COLD AND UNTRADED REMISIERS WON'T RECOMMEND IT TO SAVE THEIR OWN RICE BOWL. SO REMISIERS DIRECT CLIENTS TO BUY "GORENG" STOCKS TO THEIR DETRIMENT.

apolloang

18,163 posts

Posted by apolloang > 2018-01-27 00:40 | Report Abuse

datuk calvin what u think of comcorp got 45cts div coming? or fpgroup down a lot already,what's ur opinion?

calvintaneng

56,552 posts

Posted by calvintaneng > 2018-01-27 00:42 | Report Abuse

OF COURSE THERE ARE GOOD REMISIERS AS WELL. THESE CARE FOR THEIR CLIENTS LONG TERM. THEY TRULY CARE FOR THEIR CUSTOMERS BY POINTING THEM TO VALUE STOCKS.

THEY WILL STILL MAKE MONEY LONGER THEM. AND THEIR CLIENTS ARE ALL LOYAL FRIENDS FOR VERY LONG TIME TO COME.

apolloang

18,163 posts

Posted by apolloang > 2018-01-27 00:44 | Report Abuse

that is old timers,my remisiers mostly let their lady assistants to entice me to buy only.....hahaha

calvintaneng

56,552 posts

Posted by calvintaneng > 2018-01-27 00:44 | Report Abuse

COMCORP IS OK. IT WILL BE LIKE REVASIA OR MAA. AFTER EX PRICE SHOULD STAY FIRM OR REBOUND. FPGROUP TOO SPECULATIVE

apolloang

18,163 posts

Posted by apolloang > 2018-01-27 00:47 | Report Abuse

my fren bought FPgroup 300,000 at 58cts kena kaw kaw,i tot wanna support him some lo.....hehe.many counters I keen to buy just worry about election.so I buy sikit sikit only to make some coffee n makan money....hehe

calvintaneng

56,552 posts

Posted by calvintaneng > 2018-01-27 00:50 | Report Abuse

Going for supper now

apolloang

18,163 posts

Posted by apolloang > 2018-01-27 00:52 | Report Abuse

eat apa for supper?

apolloang

18,163 posts

Posted by apolloang > 2018-01-27 00:53 | Report Abuse

come to penang lah I take u to eat supper....porridge wif fish and roast pork wif black sauce.....hehe

Posted by MissElizaClarke > 2018-01-27 10:06 | Report Abuse

Btw, whats ur average price for this stock ? Carimin involve in O&G ? In terms of E&P?

calvintaneng

56,552 posts

Posted by calvintaneng > 2018-01-27 10:18 | Report Abuse

Good morning,

Thks Sultan Apolloang,

I like all types of Penang food. But food is not a main priority for me. A simple bowl of porridge with a small fish & a side vege dish will do. Must eat moderately.

Yes, Ms Eliza,

I first bought at 42.5 & bought it down all the way to 38 sen. So it should be about 40 to 40.5 sen level.

As for E&P (Exploration & Production?) Carimin is into supporting O&G companies and others. It is more to do with Skilled ManPower Job. So the company is very hands on & versatile. It can adapt to O&G, Road Job & even Water Jobs. Theses guys really tough bunch & don't mind to soil their hands in hard work.

bleuerouge

3,221 posts

Posted by bleuerouge > 2018-01-27 11:15 | Report Abuse

I've been in and out Carimin for many times and pocketing between 16% to 50% profit on each trade. The latest one I bought at support level 38c last Thursday and I believe the price will reach beyond 50c soon.

Posted by MissElizaClarke > 2018-01-27 12:16 | Report Abuse

A 2 Storey Shophouse in SS15 SUBANG JAYA (HOT AREA) has a Book Value of the only Rm224,911. Do they do revaluation on this land and recorded at the books? my concern is does they recorded this gain in their previous reporting quarter? If they have not recorded or revalued this. I think there will be a big capital gain in their balance sheet

Posted by mamakspecial > 2018-01-27 16:43 | Report Abuse

most important thing is their financial results...
look at sapura..they want to list the exploration as separate entity and look at sime..once they split..the mother sime share goes up.

carimin at the end of the day will be judged based on its financial result only..not just basing on its property value.

calvintaneng

56,552 posts

Posted by calvintaneng > 2018-01-27 17:03 | Report Abuse

Eliza

Yes, carimin could do either these 2

1) Revalue Assets like EG, Fiamma, Hapseng or Seacera & then book them as profits. After that gives bonus issues & free warrants to goreng shares.

2) Revalue Assets and booked them as profits then give out dividends just like Oka did last time when one year earnings were poor.

calvintaneng

56,552 posts

Posted by calvintaneng > 2018-01-27 17:07 | Report Abuse

mamak

it is true that ultimately Carimin will be judged for its financial results (that is yet future)

For Sapura you might watch carefully its Rm15 BILLIONS Debt Burden

Over a very long term all the TRUE FUNDAMENTAL OF A COMPANY WILL SURFACE.

For now we must detect their health or any symptoms of hidden diseases

Posted by MissElizaClarke > 2018-01-27 17:58 | Report Abuse

wow I am surprised the management still not yet revalue the asset during the oil crisis.

Post a Comment
Market Buzz