Posted by apolloang > 2018-02-06 23:00 | Report Abuse

dow up over 300 pts now dunno can up 1000 pts back,so I can key in to sell at 40cts tomoro morning.......hehe

Posted by apolloang > 2018-02-07 09:08 | Report Abuse

sold carimin at 39cts.....money in the pocket liao.....hehe

Posted by apolloang > 2018-02-07 17:13 | Report Abuse

tomoro I queue to buy at 35 cts......hope u can join me datuk calvin.....hehe

Posted by janetchiam8 > 2018-02-09 09:44 | Report Abuse

CARIMIN : CATALYSTS FOR GROWTH

Coming 2Q results to be announced this month should be better/good based
On the following factors:-
1) Its last year’s 4 Q was positive with a net profit of 1.584M. Its following
1Q for FYE 30/6/218 was a small loss of 183K. Our optimistic projection
of a much better 2Q was derived from 2 very valuable new contracts:-

JOBS ARE WELL SECURED IN RAPID (Pengerang RAPID), WEST COASTAL HIGHWAY (WCE) & KL WATER WORKS
Fear of payment default is little as Paymasters of Petronas, Malaysia Govt & other Entities of Repute.
The Board of Directors of Carimin is pleased to announce that Carimin Bina Sdn. Bhd. ("CBSB"), a subsidiary of Carimin, had on 23 June 2017 received a Letter of Award dated 22 June 2017 (“LOA”) as the exclusive Sub-Contractor from Urban Masterpiece Sdn. Bhd. for the construction of all civil and engineering works in respect of the rainwater storage tank, consisting of 2 numbers of tube wells, 1 basement tank, 1 level of service/maintenance floor and external works (excluding mechanical and electrical works) for a project in relation to the management, control and store water for flood mitigation purposes in the area of Jalan Termeloh, Taman Tasik Titiwangsa, Kuala Lumpur, subject to the terms and conditions as stipulated in the LOA (“Sub-Contract”).
THE SUB-CONTRACT SUM
The Sub-Contract is estimated to be approximately RM60,000,000.00 (Ringgit Malaysia: Sixty Million Only).
DURATION OF THE SUB-CONTRACT
The anticipated period for the completion of the Sub-Contract shall be twenty-four (24) months from the date of site possession. Tentatively, the dates on which CBSB shall commence and complete the Sub-Contract are as follows:-
a) The Date of Site Possession: 16 October 2017
b) The Date of Completion: 15 October 2019

Estimating Rm30 Millions for One Year with 12% profit CARIMIN already show a future profit of Rm3.6 Millions just from this one job award.

2) The Board of Directors of Carimin is pleased to announce that the Company's wholly-owned subsidiary, Carimin Engineering Services Sdn Bhd (“CES”), had on 20 September 2017 accepted a Letter of Award dated 20 September 2017 (“LOA”) from PETRONAS Carigali Sdn Bhd (“PETRONAS Carigali”) for Provision of Maintenance, Construction and Modification (MCM) Services (Package C (Offshore) Peninsular Malaysia Oil) (“the Contract”).
INFORMATION OF THE CONTRACT
The contract duration will be for a primary period of five (5) years with one (1) year extension option effective from 20 September 2017 and will expires on 19 September 2022, at an agreed fixed schedule of rates.
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.
SO FOR THE NEXT 5 YEARS CARIMIN'S FUTURE IS GUARANTEED BY THE JOB AWARD FROM PETRONAS. A MAMMOTH RM170 BILLIONS TOTAL CAPEX FOR PENGERANG RAPID - THERE WILL BE LOTS MORE JOBS COMING CARIMIN WAY

These 2 contracts’ relevant portions of revenues (and profits) will be recognised in the this 2Q
---------------------------------------------------------------------------------------------------------------------

results bcos their job commencement dates were 16th October 2017 and 20th September 2017
---------------------------------------------------------------------------------------------------------------------

Carimin’s fundamentals and financials are very sound as detailed by our good fella Calvin Tan’s TOP 10 REASONS WHY CARIMIN PETROLEUM IS NOW A STRONG BUY (Calvin Tan Research)
Author: calvintaneng | Publish date: Fri, 26 Jan 2018, 11:41 AM
Going forward Carimin’s business prospects will be positive based on :-
(i) Crude oil prices had recovered very well. It had more than doubled
From < USD30 to >USD60 per barrel translating into many new jobs and
Contracts for its O&G services from those companies which survied and now growing again (in addition to those jobs of engineering SALVIGING works for those companies which are exiting the oil sector)
(ii) Saudi Aramco’s US$7b investment in Rapid Pengerang Johor will translate into many new jobs for Carimin being a Petronas O&G engineering service contractor

Posted by cheshirecat > 2018-02-11 23:22 | Report Abuse

Hi janet ! Me auntie thank q to u for sharing. Treasureable info. Thank q very much.

Posted by janetchiam8 > 2018-02-14 18:58 | Report Abuse

Ok. But my worry now is the return
of down trend in crude oil prices
as it broke down below its support
level from USD67 to RM 58 per
barrel now. Due to world
over supply aggravated by
USA Shale Oil flooding the
markets. Can dampen the oil
sector. Need to watch it

Posted by ironmania > 2018-02-18 20:36 | Report Abuse

Carimin..gud prospect

Posted by bleuerouge > 2018-02-19 23:57 | Report Abuse

my magical numbers on carimin still apply, from entry point 35 before holidays turned to 38 today.

Posted by curious2 > 2018-02-23 19:33 | Report Abuse

Loss QR can up? M'sia tak bolehlah.

Posted by Devadason Robert Peter > 2018-02-23 20:36 | Report Abuse

Does this mean that when petroleum price was ridiculously low previous year they did better? Does not make sense unless other factors involved.

Posted by bleuerouge > 2018-02-24 15:33 | Report Abuse

opportunity to enter again on price weakness next week.

Posted by kudamuda > 2018-02-26 09:09 | Report Abuse

too bad..such a bad QR. I wonder it would become another Barakah.. or Vastalux (if you can remember this counter). Not all O&G counter could flourish like HengYuan .. so many services & spectrum in O&G .. from upstream to downstream to .... etc..

Anyway, hope you all can share your view on the lastest QR.

Posted by pussycats > 2018-02-26 17:25 | Report Abuse

CalvinTan, where You are hiding now? why you promote Holland counter ???

So kesian to Calvin Tan, always says asset more than market share price. Are you Kidding me???

Posted by calvintaneng > 2018-02-28 21:21 | Report Abuse

Posted by Jamaica > Feb 28, 2018 09:16 PM | Report Abuse

How your promoting O&G counter _ Carimin? Still OK? I see drop almost 20-25% already.
http://klse.i3investor.com/quoteservlet.jsp?sa=ss&q=CARIMIN

Carimin & Bonia as well as CSCSteel all perfectly OK

Carimin is facing the last negative quarter from backlog

Next quarters should turn positive all the way just like Waseong
28/02/2018 21:17

Posted by TakeProfits > 2018-03-04 10:00 | Report Abuse

Thanks. A lot of talk but siapa betul get up tahu. Tuhan saja yang tahu lar. Research well and invest at own risk!

Posted by bleuerouge > 2018-03-13 23:22 | Report Abuse

Watch closely tomorrow.

Posted by jad88 > 2018-03-14 00:20 | Report Abuse

Everyday drop what a useless counter. Other people selling susu tepung make more money than this 30 sen oil and gas company ... aiyooo!

Posted by bleuerouge > 2018-03-15 18:03 | Report Abuse

From 0.300 to 0.320 within a day, not so bad lah. I don't mind if the company doesn't make money, at least I earn something here. Muchass Graciass !!

Posted by PriceKeepUp > 2018-03-19 10:35 | Report Abuse

Any news?

Posted by bleuerouge > 2018-03-19 18:01 | Report Abuse

No news is good news, muchass graciass Carimin!!

Posted by TakeProfits > 2018-03-23 23:21 | Report Abuse

Tak da guna punya stock...haiyah

Posted by Patron > 2018-03-23 23:32 | Report Abuse

Tan Eng cabut dy. now he goreng mrcb.

Posted by BenPg > 2018-03-28 18:25 | Report Abuse

Hi Calvin TE. Is Carimin still a good buy ?

Long time no more news about Carimin from you
Think Too busy chasing Mrcb which is getting cheaper n cheaper. Carimin also down to 31sen. Hope to hear from you soon

Posted by calvintaneng > 2018-03-29 04:43 | Report Abuse

Carimin, Bonia, Kpscb, cscsteel, bj corp, mui bhd have all fallen to very attractive levels.

For now these two are tops

mrcb as GE14 is imminent

Ta Enterprize as it has value cum growth plus extra boosters

Posted by Patron > 2018-04-18 19:09 | Report Abuse

Tan End stock. run.

Posted by Follower > 2018-04-19 15:47 | Report Abuse

what happen stay there so long...waiting for GE14

Posted by Romyzam > 2018-05-17 22:15 | Report Abuse

Consolidate quite sometimes. Time to move up, brent broke 80 dollars per barrel. Sabar...

Posted by Eddredd > 2018-05-23 05:56 | Report Abuse

holdddd..

Posted by jojo85 > 2018-05-23 07:53 | Report Abuse

Today is the qr right? Still worry eventhough oil price is still climbing. It just my opinion based on deleum qr.

Posted by hl18 > 2018-05-23 20:47 | Report Abuse

BAD QR AGAIN.....@CALVIN..HOLLAND COUNTER

Posted by carilembu > 2018-05-24 11:02 | Report Abuse

another qr loss pushing price down...

Posted by Moneymore > 2018-06-03 10:54 | Report Abuse

So far only Dialog, Bumi, Yinson and Hibiscus are gerating good profit when oil price up. Dialog is sure win with Pengerang, Hibiscus the only real oil producer, the rest of are service companies rely on oil company for job: barakah, Uzma, Perisai, Icon, Alam, UMW, Petra, Carimin, Scomi, T7, many more all are in deep trouble, so the choice is easy, don't buy on what people told you, do you own calculation. Also stay away from oil companies associated with Khazakstan like Sumatec and Reach, too much fishy. Best bet in this oil cycle up will be Hibiscus, next Dialog, then Yinson and Bumi.

Posted by Bettyem > 2018-06-06 14:40 | Report Abuse

Petronas Carigali向Carimin Petroleum授予合同
https://themalaysianreserve.com/2018/01/17/petronas-carigali-awards-contracts-5-firms-2/

Posted by Bettyem > 2018-06-06 15:58 | Report Abuse

Carimin恢复制造场地的作品，看好合约机会
https://oglinks.news/article/50d5e0/carimin-to-resume-works-on-fabrication-bullish-on-contract-opportunities

Posted by Bettyem > 2018-06-07 17:47 | Report Abuse

Carimin关键客户和项目
Petronas Carigali Sdn Bhd Provision of Hook Up & Commissioning and Topside Major Maintenance Services for 2013 to 2018
Talisman Malaysia Limited Provision for Minor Fabrication for Flowlines and Structural Work
Petronas Carigali Sdn Bhd Provision for Pre-Commissioning and Commissioning at Pulai A Glycol
Dehydration & Regeneration System Reinstatement
Petronas Carigali Sdn Bhd Umbrella Contract for the Provision of Spot Charter Marine Vessels Services
PC Myanmar (Hong Kong) Ltd Provision of Skilled Manpower Supply for Onshore/Offshore Operations and Maintenance
http://www.mprc.gov.my/properties/carimin-sdn-bhd

Posted by Bettyem > 2018-07-19 15:07 | Report Abuse

由于近期收购Petronas维护，建筑和装修（MCM）合同，原油价格上涨和消费者信心，预计CARIMIN将在2018年取得更好的业绩

MIER消费者信心指数触及21年高点，企业也乐观
"MIER consumer sentiment index hits 21-year high, businesses also upbeat"
http://www.theedgemarkets.com/article/mier-consumer-sentiment-index-hits-21year-high-businesses-also-upbeat
https://themalaysianreserve.com/2017/11/28/carimin-expects-better-year-mcm-project/

Posted by Bettyem > 2018-07-24 14:03 | Report Abuse

Carimin预计2018年将迎来更好的一年

CARIMIN Petroleum Bhd is expected to clock in a better performance for 2018, buoyed by a maintenance, construction and modification (MCM) contract that it recently secured.

The MCM project secured from Petronas Carigali Sdn Bhd, will provide the company ongoing activities which commensurate well with the nature of the contract.

Carimin will carry out engineering and maintenance services, which includes topside major maintenance (TMM) as well as facilities improvement projects (FIP) for a five-year period from September 2017, with an option to extend an additional year.

“These contracts encompass requirements such as the utilisation of marine vessels from Malaysia-owned companies only and the mandatory participation of 20% local state service providers to spur value-added services that ensures growth in Malaysia’s oil and gas upstream services industry"
http://www.theedgemarkets.com/article/petronas-carigali-awards-mcm-contracts-five-companies
https://www.thestar.com.my/business/business-news/2018/01/16/carimin-dayang-petra-secure-petronas-carigali-contract/
https://themalaysianreserve.com/2017/11/28/carimin-expects-better-year-mcm-project/

Posted by joni > 2018-07-25 10:00 | Report Abuse

today Carimin's turn to move 31 sen

Posted by Bettyem > 2018-07-25 14:30 | Report Abuse

是的，Carimin已经开始......接下来Ancom将在本周取得好成绩......据MPlus Research称，Ancom的目标是RM0.635-RM0.67...

https://klse.i3investor.com/servlets/stk/4758.jsp

Posted by JJTAN0409 > 2018-08-21 20:09 | Report Abuse

QR 出炉了，大家有什么看法。

Posted by Romyzam > 2018-08-21 20:14 | Report Abuse

QR masuk longkang. Pity those still holding.

Posted by FamousAmos > 2018-08-21 20:15 | Report Abuse

TanEnd’s Holland pick.

Posted by Romyzam > 2018-08-21 21:07 | Report Abuse

Yeah, - 6 cents eps. More revenue, more loses. Ongoing Petronas MCM contract obviously compressed until no profit margin. Asal ada biz rugi tak pe shareholders tanggung.

Posted by calvintaneng > 2018-08-21 21:23 | Report Abuse

Not so bad lah if you read the accounts

Revenue Up and Operating Profit is up. Loss was due to impairment on vessels and some bad debts. So Carimin has turned the corner from here since Petronas is reporting much better earnings

Posted by apolloang > 2018-08-21 21:51 | Report Abuse

25 cts or below on thurs opening

Posted by JJTAN0409 > 2018-08-21 22:05 | Report Abuse

不可能会跌到25仙。我个人觉得，股东持票率高，应该是对公司很有信心。

Posted by JJTAN0409 > 2018-08-21 22:40 | Report Abuse

信心还好啦，至少没有很高的债务，比起其他油气股。

Posted by JJTAN0409 > 2018-08-24 14:01 | Report Abuse

我错了，cut

Posted by apolloang > 2018-08-26 12:12 | Report Abuse

I sold all few months ago and make a few k......no good to eat currymee anyway,bad for health.....hahaha

Posted by cumcumshot > 2018-08-29 09:50 | Report Abuse

There is this KLSE Wizstock promoting Carimin in the Telegram. I am wondering how to trade this stock... Volume is so low but he is very excited.
Typical Kaki kong, kaki song.