Posted by ZulZA > 2017-10-30 15:00 | Report Abuse

fly fly up n away :)

Posted by Cikam > 2017-10-30 21:04 | Report Abuse

Esok up 5 cents!!!!

Posted by ZulZA > 2017-10-31 09:40 | Report Abuse

waiting to re-entry

Posted by ansontan > 2017-10-31 11:29 | Report Abuse

meeting on the way, due oil price

Posted by stevenwongg > 2017-10-31 16:13 | Report Abuse

On the way?? On the way to sinking

Posted by bleuerouge > 2017-11-01 13:42 | Report Abuse

get ready !!!

Posted by bleuerouge > 2017-11-01 15:10 | Report Abuse

we are flying at the moment with 11% profit, not sinking..hehehe

Posted by stevenwongg > 2017-11-02 17:01 | Report Abuse

When oil price shoot up carimin up little bit, when oil price comes down it shoot down fast, if you want carimin to fly unless oil price up to 70

Posted by stevenwongg > 2017-11-03 09:48 | Report Abuse

It's good example for now, oil price rebound , other o&g counter but carimin still in selling mode???

Posted by bleuerouge > 2017-11-03 19:26 | Report Abuse

as usual, buy back on dips. this is how we play stocks.

Posted by ZulZA > 2017-11-03 19:38 | Report Abuse

yeah..i enter back when its red

Posted by Uncle_Lim > 2017-11-04 19:13 | Report Abuse

don't play oil stock yet liao.. technology theme not yet finish.. tripled my money from tech alone.. this oil counter only make you hard to sleep

Posted by humaira89 > 2017-11-06 12:58 | Report Abuse

This stock just follow behind hibiscus, better choose hibiscus. Price not moving much but drop too much. I watch it from september until today.

Posted by stevenwongg > 2017-11-06 15:35 | Report Abuse

Ya, absolutely correct, now oil up they down now

Posted by humaira89 > 2017-11-06 17:10 | Report Abuse

For those who had bought this stock better stick with hibiscus, much stable than this stock. If you want to buy this for hold one, better keep half or a bit. I think this stock will cure again soon but not for now. Maybe this condition will drag until end of this year.

Posted by stevenwongg > 2017-11-07 11:07 | Report Abuse

Oil price push so high and carimin up a little bit ?? Beware when the oil price drop... Imagine how much it will drop

Posted by Rowie > 2017-11-07 13:53 | Report Abuse

today heavy T4 for Hibiscus & Carimin
Perhaps later today or tomorrow will move up

Posted by stevenwongg > 2017-11-07 16:06 | Report Abuse

Hibiscus already shoot up

Posted by bleuerouge > 2017-11-07 23:03 | Report Abuse

46-46.5c was a strong support, lets see tomorrow. All the best !!

Posted by Rowie > 2017-11-08 07:57 | Report Abuse

Carimin has 2 core business now
1. Oil & Gas
2. Construction

Posted by Rowie > 2017-11-08 07:58 | Report Abuse

It has contracts for both so the next few qtr results may be better

Posted by Rowie > 2017-11-08 14:33 | Report Abuse

news on 2 Oct 2017

: Carimin Petroleum Bhd
image: https://cdn.thestar.com.my/Themes/img/chart.png

has secured a contract for the provision of maintenance, construction and modification (MCM) services from Petronas Carigali Sdn Bhd.

The contract will be effective for a primary period of five years from Sept 20, 2017, to Sept 19, 2022, following which there will be an option for a one-year extension.

"The details of the scope of works in relation to the Contract will be addressed in a work order which will be issued by Petronas Carigali and shall include any or all other work and services which is generally related to Topside Structural Maintenance, Workover Preparation and Facilities Improvement Project," said Carimin in its announcement.

A report quoting industry sources said that each contract was expected to be worth about RM1bil. Petronas Carigali’s MCM contracts are said to have a combined value of RM6bil.

Carimin clinched the “Peninsular Malaysia Oil” portion while Dayang secured the “Sarawak Oil” portion.

Posted by Rowie > 2017-11-08 14:35 | Report Abuse

The market is not factoring the contract value quoting industry sources said that each contract was expected to be worth about RM1bil.

If this is correct then the share price will shoot up dramatically

Posted by stevenwongg > 2017-11-08 15:26 | Report Abuse

0.45 now, resistance break

Posted by Bullhunter > 2017-11-09 10:45 | Report Abuse

accumulate and hope coming qtr will be much better, especially with the new contracts..

Posted by Rowie > 2017-11-09 14:21 | Report Abuse

good news for Hibiscus so watch out Carimin

Posted by myuptownboy > 2017-11-09 15:28 | Report Abuse

yes coming back

Posted by carilembu > 2017-11-09 16:46 | Report Abuse

time for Carimin to catch up with hibiscus

Posted by Rowie > 2017-11-09 21:12 | Report Abuse

INVESTORS who bought Carimin Petroleum Bhd’s shares earlier this year are now laughing all the way to the bank.

Since mid-September, its share price surged as high as 90% to 55 sen on Sept 27 from 29 sen on Sept 13, boosted by the recent gains in oil prices.

Prior to this increase, the company’s share price looked as though it wasn’t going to break the 30-40 sen range, peaking at 38 sen in January.

The company went public in 2014 when oil prices were at an all-time low. Although its share price is far from the RM1.10 it closed at on its first day of trading, investors who took advantage of the cheap entry point have since made a tidy profit.


Mokhtar says Carimin is at a turning point

Carimin is on the cusp of a turnaround, says managing director Mokhtar Hashim. “I believe we are at a turning point,” he tells FocusM.
On Oct 2, the company announced winning a five-year contract to provide maintenance, construction and modification (MCM) services under Package C (offshore) from Petronas Carigali for an undisclosed sum.

The contract, which expires on Sept 19, 2022, comes with a years’ extension.

Several other oil and gas (O&G) players were similarly awarded Petronas’ MCM contracts in recent weeks.

Carimin, which specialises in hook-up and commissioning (HUC), and manpower supply, decided to diversify into civil construction to continue earnings during lean times.

The decision paid off as the segment brought in a revenue of RM9.02 mil in Q4 ended June 30, which is 32% of its total revenue of RM28.36 mil.

Of this, HUC jobs drew the bulk of revenue at RM15.23 mil (53.7%), while manpower services revenue stood at RM4.1 mil – a 61% drop from RM10.55 mil in the previous corresponding quarter.

The increase of 21.8% in the HUC segment (from RM12.5 mil previously) indicates a return to form in the O&G industry.

“HUC achieved a revenue increase of RM8.73 mil over the immediately preceding quarter as several contracts moved towards final documentation.

“The utilisation of vessels and third-party charter also increased,” the company says.

Posted by Rowie > 2017-11-09 21:18 | Report Abuse

Next qtr results may show RM 2m to RM 5m profit or very small loss. Place yr bets

Posted by Rowie > 2017-11-09 21:20 | Report Abuse

But the BOSS says it's at a turning point. So if u read between the lines, it mean profit

Posted by MoneyNotEnough > 2017-11-10 12:08 | Report Abuse

http://www.enanyang.my/news/20171110/%E8%BF%91%E6%9C%9F%E6%95%B2%E5%AE%9A%E4%B9%B0%E5%8D%96%E7%BB%86%E8%8A%82br-%E5%A4%A7%E7%BA%A2%E8%8A%B1%E7%9F%B3%E6%B2%B9%E5%AF%84%E6%9C%9B%E6%B2%99%E5%B7%B4%E8%B5%84%E4%BA%A7/

Posted by MoneyNotEnough > 2017-11-10 12:08 | Report Abuse

http://www.theedgemarkets.com/article/hibiscus-active-136-positive-outlook

Posted by MoneyNotEnough > 2017-11-10 12:08 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5597269

Posted by stevenwongg > 2017-11-10 12:23 | Report Abuse

This is carimin stock

Posted by marzuq > 2017-11-10 22:38 | Report Abuse

Just onboard the boat. Hopefully right entry

Posted by Bullhunter > 2017-11-13 09:30 | Report Abuse

moving up nicely

Posted by FGV_ > 2017-11-13 15:03 | Report Abuse

Mau cari minyak tapi air laut saja jumpa.

Posted by FGV_ > 2017-11-13 15:04 | Report Abuse

Sea water found not oil.

Posted by 4444 > 2017-11-13 15:15 | Report Abuse

Back to 30 sen again.

Posted by shidayea > 2017-11-13 16:07 | Report Abuse

Arghh i'm holdjng almiat 3 wks oledi.. x naik2..

Posted by ilovehits > 2017-11-13 16:09 | Report Abuse

CARIMIN is a small O&G company. But they just won the contract worth $1 billion from PETRONAS.

Posted by ilovehits > 2017-11-13 16:09 | Report Abuse

Frankly speaking, I see a lot of money. Haha..

Posted by ilovehits > 2017-11-13 17:03 | Report Abuse

I give you few reasons why I buy Carimin the little giant.

a) Just won $1 bil MCM contract from Petronas, effective from sept. 20 this year.
b) Let’s say 8% profit margin for this contract. Carimin will earn $80 mil within 5 years. Every year should be able to earn $16 mil.
c) $16 mil is very huge for Carimin, since its total share 234 mil only.
d) This $16 mil NOT INCLUDED other contract won by Carimin. Think about it.

I know my calculation NOT too accurate. But I buy at my own risk. Haha..

Posted by ilovehits > 2017-11-13 20:06 | Report Abuse

Borrowings and debt $81 mil, cash in hand $53.1 mil. NOT bad too.

Posted by ilovehits > 2017-11-13 22:37 | Report Abuse

This Carimin very bad luck. Their IPO price as high as $1.10.

Posted by ilovehits > 2017-11-13 22:38 | Report Abuse

Listed in 2014 Dec like that. Then oil price crash. Haha..

Posted by ilovehits > 2017-11-13 22:44 | Report Abuse

Now $0.49, discount more than 50%.

Posted by ilovehits > 2017-11-13 22:44 | Report Abuse

OK, look like l talking to myself only. Tomorrow continue. Haha..

Posted by TakeProfits > 2017-11-13 23:18 | Report Abuse

No more bullets lar I lovehits and carimin. Have to wait her some plofit from coastal. Then enjoy teh tarik and canai and then may buy Carimin. Carimins financials looks good as,per lovehits explanation. Syabas