CARIMIN PETROLEUM BERHAD

KLSE (MYR): CARIMIN (5257)

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Last Price

0.825

Today's Change

-0.015 (1.79%)

Day's Change

0.82 - 0.83

Trading Volume

141,800


11 people like this.

6,320 comment(s). Last comment by DreamSorcerer 3 weeks ago

Posted by ConfirmKaya > 2018-12-06 16:48 | Report Abuse

OMG up so much..huat ah

Posted by DreamConqueror > 2018-12-10 11:11 | Report Abuse

Chilakat lu. Gua so envious, man.

mf

29,212 posts

Posted by mf > 2018-12-10 16:31 |

Post removed.Why?

tehka

1,928 posts

Posted by tehka > 2018-12-10 18:12 | Report Abuse

Uncle kyy say. . This carimin good profit growth

Primeinvestor

1,454 posts

Posted by Primeinvestor > 2018-12-11 09:38 | Report Abuse

looks like gonna break and shoot up again!

Primeinvestor

1,454 posts

Posted by Primeinvestor > 2018-12-11 09:45 | Report Abuse

uncle kyy will shoot it up to 45cents soon

Shinnzaii

3,114 posts

Posted by Shinnzaii > 2018-12-11 10:28 | Report Abuse

got many feng shui master enter before publish their article...hehehe...

ramada

3,955 posts

Posted by ramada > 2018-12-11 10:41 | Report Abuse

A single quarter EPS as high as RM0.05, due to contribution from Petronas Carigali MCM contract. And this contract will be effective for five years, Sept. 20 2017 to Sept. 20 2022.

ramada

3,955 posts

Posted by ramada > 2018-12-11 10:44 | Report Abuse

High chance the earnings r sustainable, if can get 2-3 sen EPS per quarter, it is considered very good already.

apolloang

18,163 posts

Posted by apolloang > 2018-12-11 10:45 | Report Abuse

nenek calvin sold all,kyy is buying?

Posted by Shareview123 > 2018-12-11 10:50 | Report Abuse

Bought 20 k @ 0.40 , waiting to average down 30 k @ 0.355 and 50 k @ 0.305 .

Posted by Shareview123 > 2018-12-11 11:00 | Report Abuse

Sharks and major shareholders have accumulated enough .

ramada

3,955 posts

Posted by ramada > 2018-12-11 11:06 | Report Abuse

If they can get RM0.10 earnings per share for financial year 2019, target price should be RM0.80 based on merely 8x P/E.

What you guys target price for Carimin Petroleum? Just share share since no investment bank covering this undervalued gem.

https://klse.i3investor.com/servlets/stk/fin/5257.jsp

tehka

1,928 posts

Posted by tehka > 2018-12-11 11:10 | Report Abuse

Uncle kyy say carimin good profit growth...

--
Remember Jaks in not the only listed companies that you must buy. There are so many companies with profit growth such as FLB, AWC, Carrimin, MBMR, FPI, GCB, Muda Holdings etc, etc.

cccc

167 posts

Posted by cccc > 2018-12-11 11:11 | Report Abuse

Potential multibagger stock next year, hopefully.

石油股:佳利敏石油 — 小公司,大合约『Carimin Petroleum』
https://klse.i3investor.com/blogs/misaikucing/185812.jsp

石油股:佳利敏石油 — 亮眼的业绩能否持续?『Carimin Petroleum』
https://klse.i3investor.com/blogs/misaikucing/185514.jsp

Posted by Shareview123 > 2018-12-11 11:12 | Report Abuse

My first target is 0.54 - 0.55 . If profit is sustainable , 0.70 - 0.80 should be reasonable .

cccc

167 posts

Posted by cccc > 2018-12-11 11:15 | Report Abuse

A single earnings per share five sen, so it may go to RM0.50-RM0.60 within this three months, at least.

If sustainable, maybe RM1.00-RM1.50. I'm not kidding, seriously.

CharlesT

14,954 posts

Posted by CharlesT > 2018-12-11 11:21 | Report Abuse

Could b kyy's most undervalued stock in the world now

apolloang

18,163 posts

Posted by apolloang > 2018-12-11 11:24 | Report Abuse

uzma more worth than this stock why uzma so low this carimin so high?

Shinnzaii

3,114 posts

Posted by Shinnzaii > 2018-12-11 11:25 | Report Abuse

Need to monitor next quarter also...COS over revenue occupied 80%+...

OrlandoOIL

4,909 posts

Posted by OrlandoOIL > 2018-12-11 11:29 | Report Abuse

Jz 1 MCM contract hahaha

DAYANG has 6 MCM contracts

DAYANG reported profit 2 consecutive qtr d

ramada

3,955 posts

Posted by ramada > 2018-12-11 11:32 | Report Abuse

Dayang's earnings r using to pay debts, but Carimin no need to do so, because this counter has very healthy balance sheet.

ramada

3,955 posts

Posted by ramada > 2018-12-11 11:34 | Report Abuse

Investors don't like Dayang, because it may propose rights issue anytime.

cccc

167 posts

Posted by cccc > 2018-12-11 11:37 | Report Abuse

Buy before uncle pushing it to another higher level. KIKIKI.

OrlandoOIL

4,909 posts

Posted by OrlandoOIL > 2018-12-11 11:42 | Report Abuse

Jz 1 MCM contract on call basis

Carimin result wil be erratic at best

Shinnzaii

3,114 posts

Posted by Shinnzaii > 2018-12-11 11:45 | Report Abuse

Watch out the queue....=)

ramada

3,955 posts

Posted by ramada > 2018-12-11 13:00 | Report Abuse

Petronas Carigali MCM contract will be effective for five years. The group no need pay high debt & borrowings, so high chance the earnings r sustainable.

tehka

1,928 posts

Posted by tehka > 2018-12-11 16:03 | Report Abuse

Is it Kyy collecting. Up a lot

apolloang

18,163 posts

Posted by apolloang > 2018-12-11 16:11 | Report Abuse

the pump and dump manipulator is back

apolloang

18,163 posts

Posted by apolloang > 2018-12-11 16:15 | Report Abuse

why uncle buy carimin? carimin profit growth is when oil average at USD70++ now oil only USD60,next quarter profit down then he dump again like jaks?

apolloang

18,163 posts

Posted by apolloang > 2018-12-11 16:25 | Report Abuse

nenek calvin where r u? u still got carimin stocks,quickly now ur chance to throw for uncle.....hehe

ramada

3,955 posts

Posted by ramada > 2018-12-11 16:27 | Report Abuse

No, Carimin's earnings r depend on contracts, not oil prices. And the MCM contracts can generate RM1 billion revenue for Carimin within 2017 to 2022.

That means merely this MCM contract, can contribute RM40-50 million revenue to the group per quarter. If you refer to latest quarterly report, it makes sense.

apolloang

18,163 posts

Posted by apolloang > 2018-12-11 16:28 | Report Abuse

uzma also on contracts why drop so much? uncle simply push only

likewise

697 posts

Posted by likewise > 2018-12-11 16:39 | Report Abuse

Bro how do you know is KYY ?

Shinnzaii

3,114 posts

Posted by Shinnzaii > 2018-12-11 16:43 | Report Abuse

and where is the notice of new substantial shareholder?or you just borrow his name to promote your interest?=)

tehka

1,928 posts

Posted by tehka > 2018-12-11 16:52 | Report Abuse

Dunno kyy buy or not la. But he mention in jaks forum that carimin has good profit growth.

tehka

1,928 posts

Posted by tehka > 2018-12-11 16:53 | Report Abuse

Dec 10, 2018 03:27 PM | Report Abuse

I have openly stated that I have already sold all my Jaks shares and my rights to buy the warrants and admitted my Rm 64 million mistake. I do not have any more interest in Jaks. Nevertheless, I wish to help investors to make money.

Just like the last quarter, it reported losses due to interest charges, it is most likely continue to report losses due to interest charges for the huge bank borrowings.

Remember Jaks in not the only listed companies that you must buy. There are so many companies with profit growth such as FLB, AWC, Carrimin, MBMR, FPI, GCB, Muda Holdings etc, etc.

Profit growth prospect is the most powerful catalyst to move share prices.
Koon Yew Yin

apolloang

18,163 posts

Posted by apolloang > 2018-12-11 16:56 | Report Abuse

I know cos I test market buy some and sold already making a few hundred and he's been queueing to buy and sell.all from Ipoh maybank

ramada

3,955 posts

Posted by ramada > 2018-12-11 16:57 | Report Abuse

tehka, I thought you talk cock only. That's real, uncle did mention Carimin Petroleum.

Posted by yewyin33 > Dec 10, 2018 03:27 PM | Report Abuse

I have openly stated that I have already sold all my Jaks shares and my rights to buy the warrants and admitted my Rm 64 million mistake. I do not have any more interest in Jaks. Nevertheless, I wish to help investors to make money.

Just like the last quarter, it reported losses due to interest charges, it is most likely continue to report losses due to interest charges for the huge bank borrowings.

Remember Jaks in not the only listed companies that you must buy. There are so many companies with profit growth such as FLB, AWC, Carrimin, MBMR, FPI, GCB, Muda Holdings etc, etc.

Profit growth prospect is the most powerful catalyst to move share prices.
Koon Yew Yin

likewise

697 posts

Posted by likewise > 2018-12-11 17:01 | Report Abuse

apolloang .........I see thks ! you sold too early, keep can earn more

warren buntut

7,854 posts

Posted by warren buntut > 2018-12-11 17:03 | Report Abuse

apolloang always sell early one like MI hahaha

likewise

697 posts

Posted by likewise > 2018-12-11 17:03 | Report Abuse

then kyy is accumulating

Shinnzaii

3,114 posts

Posted by Shinnzaii > 2018-12-11 17:06 | Report Abuse

let see it will fly or sink

CharlesT

14,954 posts

Posted by CharlesT > 2018-12-11 17:08 | Report Abuse

Mkt so bad yet this counter still can up so much...very koon style

CharlesT

14,954 posts

Posted by CharlesT > 2018-12-11 17:10 | Report Abuse

Mkt cap only rm99m...koon can use his sales proceeds of jaks ard rm80m to rm90m to goreng kao kao

apolloang

18,163 posts

Posted by apolloang > 2018-12-11 17:12 | Report Abuse

koon pump and dump lo.....if u people buy a lot he dump for u all,if nobody buy he push it up lo

Shinnzaii

3,114 posts

Posted by Shinnzaii > 2018-12-11 17:12 | Report Abuse

make sure he did not turn to con style...hehe

apolloang

18,163 posts

Posted by apolloang > 2018-12-11 17:13 | Report Abuse

now he know's many stuck in jaks,so he come up with an excuse saying jaks will post losses for the next 3 years,cos he will not push up for all ikan bilis to sell

i3lurker

14,498 posts

Posted by i3lurker > 2018-12-11 17:14 | Report Abuse

dumping already in progress.

tehka

1,928 posts

Posted by tehka > 2018-12-11 17:14 | Report Abuse

Aiyoo. if wait for notice of new substantial shareholder it is too late already oh.. from past experience, before uncle write article is the best time to buy, once uncle start write article no 1, still can buy, once article no 2 or article no 3 to promote the share, you must really drop everything, run fast fast.

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