CARIMIN PETROLEUM BERHAD

KLSE (MYR): CARIMIN (5257)

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Last Price

0.82

Today's Change

-0.005 (0.61%)

Day's Change

0.81 - 0.835

Trading Volume

328,400


11 people like this.

6,320 comment(s). Last comment by DreamSorcerer 2 weeks ago

Wanpendang

118 posts

Posted by Wanpendang > 2019-12-30 14:41 | Report Abuse

How much value of contract?

OTB

11,560 posts

Posted by OTB > 2019-12-30 14:46 | Report Abuse

All contracts awarded to others also never mention the contract value.
The share price of the stock awarded the contract will move up higher after this announcement.
Hope this good news will help to move up the share price of Carimin.
Thank you.

Wanpendang

118 posts

Posted by Wanpendang > 2019-12-30 14:55 | Report Abuse

10q OTB....hopefully can up with this contract...10q also for ur info in Jaks...very helpful...now i transfer to carimin 1st...haha...

Wanpendang

118 posts

Posted by Wanpendang > 2019-12-30 14:55 | Report Abuse

Have any TP for carimin mr OTB?

Bluey

349 posts

Posted by Bluey > 2019-12-30 15:26 | Report Abuse

Wonderful news for CARIMIN. Good Luck and Happy n Prosperous 2020 to all

bc8660

253 posts

Posted by bc8660 > 2019-12-30 15:28 | Report Abuse

Very good my carimin, huat ah!

MingGoon

1,774 posts

Posted by MingGoon > 2019-12-30 15:50 | Report Abuse

Thanks Ooi Teik Bee.
I always value your opinion, and always happy to see your thought...

Wonderful news for Carmin.
Carimin 1.25 with 2.2 Million Volume changing hands today.

Tomorrow Carimin will go higher as tomorrow is the last day of 2019
Carimin will have a good high price to start 2020 with a bang !!

OTB

11,560 posts

Posted by OTB > 2019-12-30 15:55 | Report Abuse

I prefer Carimin because of free cash flow in its financial statement.
Hopefully the new contract will help to move up the share price.
Thank you.

bc8660

253 posts

Posted by bc8660 > 2019-12-30 16:29 | Report Abuse

Carimin is one of the net cash company is this sector.

bjgdila123

3,470 posts

Posted by bjgdila123 > 2019-12-31 08:43 | Report Abuse

sell follow directors

stock_hunt

250 posts

Posted by stock_hunt > 2020-01-01 21:42 | Report Abuse

maybe the director is noy informed they will get a new contract perhaps...so he sold...and realise a=after that...haha

whywhy22

82 posts

Posted by whywhy22 > 2020-01-02 12:14 | Report Abuse

150k of shares is small amt

Posted by kariwong9394 > 2020-01-02 12:53 | Report Abuse

02/01/2020 12:53 PM

OTB stock pick 2020 is as follows:

1. JAKS - 30%
2. PPHB - 15%
3. VIS - 15%
4. Carimin - 10%
5. Uzma - 10%
6. JTiasa - 10%
7. Krono - 10%

Thank you.
OTB
01/01/2020 10:26 AM

dusti

2,404 posts

Posted by dusti > 2020-01-03 09:29 | Report Abuse

OTB What is your take on KYY’s article dated 30/12/19?

Posted by LibraInvestor > 2020-01-04 20:26 | Report Abuse

All in carimin

moneykj

6,145 posts

Posted by moneykj > 2020-01-06 07:19 | Report Abuse

Gold related counter:

https://gma98.blogspot.com/2020/01/blog-post.html?m=1

Posted by LibraInvestor > 2020-01-06 09:48 | Report Abuse

Now i holding 80% oil stocks, and 20% gold stocks.
Buy some gold, all in oil can be risky, recommend pohkong

Steven1717

246 posts

Posted by Steven1717 > 2020-01-07 13:16 | Report Abuse

waiting iraq war with big bro

Bluey

349 posts

Posted by Bluey > 2020-01-07 15:32 | Report Abuse

Carimin needs to wake up soon. It is on the buy list of many notables. From trading pattern too many T+3 kakis are involved. These guys must take it easy; in its present mode Carimin is not suitable for play -play. Good luck anyway.

LouisLim

224 posts

Posted by LouisLim > 2020-01-08 14:26 | Report Abuse

Dow future rebound from -440 to -161

dusti

2,404 posts

Posted by dusti > 2020-01-09 09:54 | Report Abuse

Stop nonsense comments. I think the market is working its way towards a mini boom for CNY.

luckyman

720 posts

Posted by luckyman > 2020-01-09 20:12 | Report Abuse

If the company can maintain the significant big jump in its quarterly revenue seen in the last two quarters for the remaining current financial year, then its share price may be able to climb above the RM2 mark in the next 8 months. Let's first see its next quarterly result by end of February.

Posted by trading2019 > 2020-01-13 20:13 | Report Abuse

Dayang bags four year contracts from Petronas Carigali. What about Carimin?

Posted by trading2019 > 2020-01-13 20:44 | Report Abuse

How come Carimin didn't react to the news of it been awarded a 4-year contract from Petronas Carigali like how Dayang reacted today? https://www.theedgemarkets.com/article/carimin-gets-4year-contract-petronas-carigali

moneyfind

244 posts

Posted by moneyfind > 2020-01-13 23:50 | Report Abuse

I think Tomorow show..
Carimin uptrend to feb for past 5 years.
Gud luck guys

bc8660

253 posts

Posted by bc8660 > 2020-01-14 09:14 | Report Abuse

It's funny enough where Dayang and Carimin are awarded similar Petronas contract but Dayang reacted fiercely by up 0.20++ but Carimin was downtrend since the same contract awarded.

Posted by kariwong9394 > 2020-01-14 11:27 | Report Abuse

PE & Dividen comparison for O&G counter
---------------------------------------------------------

Dayang : RM 2.70 PE = 11.2 Dividen = no
Carimin : RM 1.22 PE = 9.77 Dividen = 3 cent
Uzma : RM 0.95 PE = 9.53 Dividen = no
Penergy : RM 1.33 PE = 6.93 Dividen = 4 cent


Conclusion : Dayang is overvalued and Penergy is undervalue

Bluey

349 posts

Posted by Bluey > 2020-01-14 13:21 | Report Abuse

Carimin appears to be still sleeping. Maybe we should look at other counters in peaceful slumber like Mflour and Willow, in the hope that one will wake up in good time, to give an ANG POW. Good luck Fellow Investors!

Dinasour

61 posts

Posted by Dinasour > 2020-01-17 15:58 | Report Abuse

gotta to run.. GG

luckyman

720 posts

Posted by luckyman > 2020-01-18 23:11 | Report Abuse

https://klse.i3investor.com/blogs/stock_pick_2020/2020-01-04-story-h1482032737-Stock_Pick_Year_2020_by_The_Star.jsp

Going forward, Carimin’s earnings momentum is expected to be underpinned by two main factors. Firstly, we expect high levels of maintenance works for the HUC and TMM segments in 2020.

Secondly, Carimin’s venture into sub-sea activities is expected to contribute positively as it commands higher margins compared with its existing MCM business. To recap, Carimin ventured into the sub-sea segment with the acquisition of a 60% stake in Subnautica Sdn Bhd in March 2019.

(Subnautica has been licensed by Petronas to undertake subsea underwater inspections, repair as well as maintenance (“IRM”) works and services. These services typically encompass platform and pipeline inspection, structural integrity as well as debris clearance activities.

Subnautica has been awarded a contract for the provision of a Dynamic Positioning 2 (“DP2”) diving support vessel that includes an inspection class remotely operated vehicle (“ROV”) with competent personnel. Through this acquisition, Carimin was able to immediately provide
subsea IRM capabilities, thus benefiting from the contract secured. The medium-term to post-2020 demand outlook remains favourable for Carimin’s new subsea business as Petronas in its execution of scheduled underwater services programme supports the use of locally owned assets.)

It has a strong balance sheet with a net cash (including short-term investments) position of RM106mil (equivalent to about 37% of its market cap) as of end-September 2019.

Carimin’s resilient balance sheet has enabled the company to weather the recent oil and gas industry downturn without the need for an equity call.

Valuation-wise, Carimin trades at a price earnings ratio of 8x for FY20, which is at a discount to its peers and the market.

calvintaneng

56,638 posts

Posted by calvintaneng > 2020-01-22 08:23 | Report Abuse

Posted by calvintaneng > Jan 22, 2020 8:22 AM | Report Abuse X

WE INVEST NOT BY LOOKING AT PAST RECORDS

CALVIN INVESTED IN CARIMIN AT 39 SEN WHEN ITS PAST RECORDS WERE AS BAD AS NETX NOW

THE GAME CHANGER FOR CARIMIN WAS PETRONAS RM30 BILLIONS JOB AWARDS FOR OGSE UPSTREAM

AFTER GETTING JOBS THE FORTUNES OF CARIMIN CHANGED AND PRICE UP OVER 200%

SO THE GAME CHANGER FOR NETX IS RM50.3 BILLIONS FIBERISATION THRUST

WHEN CARIMIN WAS SO NETX IS

CARIMIN TOO HIGH TOO CHASE NOW

NETX IS CERTAINLY TOO CHEAP TO IGNORE

Dinasour

61 posts

Posted by Dinasour > 2020-01-22 10:55 | Report Abuse

hit bottom already. time to collect stocks~

Posted by trading2019 > 2020-01-24 09:40 | Report Abuse

TP of 1.3 by UOB is a little too conservative based on the coming Quarterly Earning. Keep holding and topping.

Posted by Ismail5595 > 2020-01-29 17:41 | Report Abuse

Carimin ada pontensi melepasi 2.00

michaelwong

3,072 posts

Posted by michaelwong > 2020-01-30 17:13 | Report Abuse

New low liao . Hard to climb back where it belongs

moneyfind

244 posts

Posted by moneyfind > 2020-02-01 17:29 | Report Abuse

@yongch what the best bottom price?

TanDavid88

1,143 posts

Posted by TanDavid88 > 2020-02-03 21:49 | Report Abuse

Cannot understand why this stock is so weak.
Fundamental is good, but cannot move up.

ChefSaham

516 posts

Posted by ChefSaham > 2020-02-03 23:54 | Report Abuse

kyy coming in to goreng

ChefSaham

516 posts

Posted by ChefSaham > 2020-02-03 23:54 | Report Abuse

carimin fits his 2 golden rules

Will76

591 posts

Posted by Will76 > 2020-02-04 09:04 | Report Abuse

Breaking News from CNBC

U.S. West Texas Intermediate fell 2.8%, or $1.45 per barrel, to settle at $50.11 per barrel. Earlier in the session, WTI fell more than 3% to $49.92, its lowest level since Jan. 2019.

International benchmark Brent crude dropped 3.9%, or $2.21, to $54.41 and hit its lowest level since Jan. 3, 2019.

reloy

175 posts

Posted by reloy > 2020-02-04 11:25 | Report Abuse

KYY make comments that implies that OTB is either a fool or a crook for recommending carimin and then cut loss. Now it is Dayang vs Jaks, game on!

stlf

170 posts

Posted by stlf > 2020-02-04 12:08 | Report Abuse

KYY is pushing up Carimin to show that he's better than otb. Once up further otb will inform his subscribers the buy signal is out, then kyy will make a sell down.

stlf

170 posts

Posted by stlf > 2020-02-04 12:10 | Report Abuse

KYY

stlf

170 posts

Posted by stlf > 2020-02-04 12:52 | Report Abuse

KYY

Savemoney

90 posts

Posted by Savemoney > 2020-02-04 15:13 | Report Abuse

Follow KYY

Posted by enigmatic ¯\_(ツ)_/¯ > 2020-02-04 16:32 | Report Abuse

cut loss yesterday will kena today.
But who knows, CARIMIN may fall further 2moro

Posted by Lee Kim Chong > 2020-02-04 18:16 | Report Abuse

Kyy just voice his opinion. Buy sell is your own decision. Money is yours

Simple Man

908 posts

Posted by Simple Man > 2020-02-04 18:44 | Report Abuse

kyy bo song otb..??

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