CARIMIN PETROLEUM BERHAD

KLSE (MYR): CARIMIN (5257)

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Last Price

0.84

Today's Change

+0.02 (2.44%)

Day's Change

0.815 - 0.84

Trading Volume

721,200


11 people like this.

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

Posted by Scavenger23 > 2019-01-31 15:52 | Report Abuse

Uncle Koon say sell at rm2 u better sell at rm1 hahaha if not same history like hy

AhTek

582 posts

Posted by AhTek > 2019-01-31 16:06 | Report Abuse

Yes, everyone should have your own TP.

Huat1

2,509 posts

Posted by Huat1 > 2019-01-31 16:20 | Report Abuse

The real angpau will be given out on the first week of CNY when market opens.

AhTek

582 posts

Posted by AhTek > 2019-01-31 16:23 | Report Abuse

Today seem like want to force the daily trader get out from this stock. Another wave will start soon?

AhTek

582 posts

Posted by AhTek > 2019-01-31 16:42 | Report Abuse

Coming back last minute.. Salute!!! Uncle Koon, please guide us.

Posted by Investar2862 > 2019-01-31 16:42 | Report Abuse

NEVER use the daily candle that is STILL NOT CLOSED YET. It can be misleading.


Posted by rr88 > Jan 31, 2019 11:57 AM | Report Abuse

Bearish engulfing oredy. Shooting star followed by bearish engulfing = drop kaw2

AhTek

582 posts

Posted by AhTek > 2019-01-31 16:52 | Report Abuse

Closing at 0.745.... good enough.

Icon8888

18,659 posts

Posted by Icon8888 > 2019-01-31 17:51 | Report Abuse

bosses selling woh, not scare ah ?

LA777

3,383 posts

Posted by LA777 > 2019-01-31 17:55 | Report Abuse

It is prepared to shoot up to rm1 real soon!

beinvested

2,447 posts

Posted by beinvested > 2019-01-31 18:53 | Report Abuse

In the Annual Report 2018, got .. UTILISATION OF PROCEEDS RAISED FROM CORPORATE PROPOSALS
On 10 November 2014, the entire enlarged issued share capital of the Company comprising 233,898,000 ordinary
shares of RM0.50 each was listed on the Main Market of Bursa Malaysia Securities Berhad (“Bursa Securities”).
The gross proceeds from the Public Issue of 60,700,000 new ordinary shares of RM0.50 at an issue price of RM1.10
per ordinary share (“IPO”) on 10 November 2014 amounted to RM66.77 million and the status of the utilisation of the
proceeds raised as at 30 June 2018 is as follows:-
Details of utilization.........

i see ... 233.898 mil units X 0.50 = RM116.9M paid up capital, + (60.7M units X RM0.50 = RM30.35M ) = issued capital @RM149.385M,

... found the the date of the FYE on page No. 67 of the AR2018. It is 30JUNE2018.
As at 30/06/2018 the losses was RM25.4M..

Net Asset per Share RM0.58 as compare to RM0.60 few days ago..

QR 30/09/2018 and 31/12/2018 coming? Soon?

If in the coming QR got any sign of improvement or profit for first quarter (for FYE 2019), that could motivate the investors to buy more.. the value can appreciate further.

Rjane88

4 posts

Posted by Rjane88 > 2019-01-31 18:53 |

Post removed.Why?

beinvested

2,447 posts

Posted by beinvested > 2019-01-31 18:56 | Report Abuse

Otherwise!

newbie8080

2,769 posts

Posted by newbie8080 > 2019-01-31 19:25 | Report Abuse

Shareholders starting to sell already??

----------------------------------------------------------------------------------------
31 Jan 2019 CARIMIN PETROLEUM BERHAD Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - ENCIK WAN HAMDAN BIN WAN EMBONG

2 31 Jan 2019 CARIMIN PETROLEUM BERHAD Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - MR GAN HAI TOH

3 31 Jan 2019 CARIMIN PETROLEUM BERHAD Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - PLATINUM CASTLE SDN. BHD.

4 31 Jan 2019 CARIMIN PETROLEUM BERHAD Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - WHE BINA SDN. BHD.

5 14 Jan 2019 CARIMIN PETROLEUM BERHAD Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - WHE BINA SDN. BHD.

6 14 Jan 2019 CARIMIN PETROLEUM BERHAD Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - PLATINUM CASTLE SDN. BHD.

7 14 Jan 2019 CARIMIN PETROLEUM BERHAD Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - ENCIK WAN HAMDAN BIN WAN EMBONG

8 14 Jan 2019 CARIMIN PETROLEUM BERHAD Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - MR LIM YEW HOE

9 14 Jan 2019 CARIMIN PETROLEUM BERHAD Changes in Director's Interest (Section 219 of CA 2016) - MR LIM YEW HOE

10 14 Jan 2019 CARIMIN PETROLEUM BERHAD Notice of Person Ceasing (Section 139 of CA 2016) - MISS LIM GUAN NEE

abang_misai

2,581 posts

Posted by abang_misai > 2019-01-31 19:29 | Report Abuse

Wow. New high

lizi

1,968 posts

Posted by lizi > 2019-01-31 19:46 | Report Abuse

bosses sure happy to sell......durian runtuh....

beinvested

2,447 posts

Posted by beinvested > 2019-01-31 20:13 | Report Abuse

THIRTY LARGEST SECURITIES ACCOUNT HOLDERS AS AT 28 SEPTEMBER 2018:-
fr the AR FYE2018

AMSEC Nominees (Tempatan) Sdn. Bhd./
(Pledged securities account for AmBank (M) Berhad for Cipta Pantas Sdn. Bhd.)
40,710,128 shares.

Means, Cipta Pantas ( 1 of the 30 substantial shareholders) is a borrower of AmBank, loan secured by pledging those shares to the lender, the shares were held as collateral by a custodian on behalf of AmBank which is AMSEC.

Another, Mr Lee Chee Hong, has 1M shares held directly under his name.

Next AR, Mr KYY will be the another substantial shareholder.

beinvested

2,447 posts

Posted by beinvested > 2019-01-31 20:23 | Report Abuse

Yes. A person may use a nominee so that the personal name will not appear in the substantial shareholders' list inside the AR. The shares are not under any encumbrances, no loan taken. You can appoint one or more custodian ,like Citibank (M) Nominee, so that your total wealth will not be known easily especially when your custodian (Nominee) is not suppose to disclose it.

Sniper86

516 posts

Posted by Sniper86 > 2019-01-31 20:46 | Report Abuse

KYY says his TP is Rm2 but so many shareholders already dumping..difficult to trust this old wolf

beinvested

2,447 posts

Posted by beinvested > 2019-01-31 21:10 | Report Abuse

Yes. He said RM2.00 TP. The sky is the limit...

Buying a francais in certain businesses do come with some advantages. One need not have to invent the menu/ingredients/formulas needed by your existing businesses. Most of all, you need not have the qualification or experiences related to the business offered by the principal.

Just like buying the shares in the banks, construction companies, IT firms or retail & food manufacturing companies. With some general knowledge and common sense, one can talk about the potential of growth in these companies which are listed in the stock exchanges.

For example, Mr Warren B is not a trained CoCa Cola maker, but he can like to drink coca cola also despite his investment in this company which is ever growing.

OK. Back to our KLSE.. one can do your investment by your own financial capability ( the least powered), gained the trust from your spouse/siblings/parents (more resources) or the Warren Buffet's way - start talking to your clan's members ( Association - Hokkien, Hainanese, Kwangtong). He approached his neighbors and friends to impart money with him to invest..people trusted him, that was how he started..he took incomes from the profits and distributed the profits in the form of additional shares from his company..Berkshire Hathaway. But here, deposit taking is an offense so ..find your way.. IF ONLY CAN GET MORE TRUST FROM MORE PEOPLE.

Posted by oldchinaman > 2019-01-31 22:52 | Report Abuse

KYY said lQ 5c x 4q =20c TP 2 pe 10x, very simple maths, kindergarten boy also know how to count

Posted by oldchinaman > 2019-01-31 22:53 | Report Abuse

BUAYA BESAR

684780829

3,651 posts

Posted by 684780829 > 2019-01-31 23:07 | Report Abuse

So what if the major shareholders are selling? They want to convert their holdings to cash. They still have millions of shares still. Idiots talking

pussycats

7,640 posts

Posted by pussycats > 2019-01-31 23:34 | Report Abuse

Believe in Kyy Tp2.00.
Now is the time to put your faith in Kyy... It's now or never???

Ron90

4,127 posts

Posted by Ron90 > 2019-02-01 00:34 | Report Abuse

if all the directors believe price could move higher even 5 cents in near future, sure don wanna sale..big amount oo.. but why selling now?..collect ang pow for CNY la !! .. so expect the next move purely speculatif and volatile, thats why they take profit

Posted by KLCI Going Heaven > 2019-02-01 00:38 | Report Abuse

go holland 2.0 hahaha KYY TP

3iii

13,213 posts

Posted by 3iii > 2019-02-01 08:06 |

Post removed.Why?

3iii

13,213 posts

Posted by 3iii > 2019-02-01 08:11 |

Post removed.Why?

3iii

13,213 posts

Posted by 3iii > 2019-02-01 08:19 | Report Abuse

>>>
31-Jan-2019 Insider MR GAN HAI TOH (a substantial shareholder) disposed 340,000 shares on 30-Jan-2019.
31-Jan-2019 Insider ENCIK WAN HAMDAN BIN WAN EMBONG (a substantial shareholder) disposed 300,000 shares on 30-Jan-2019.
31-Jan-2019 Insider ENCIK WAN HAMDAN BIN WAN EMBONG (a substantial shareholder) disposed 500,000 shares on 29-Jan-2019.
31-Jan-2019 Insider WHE BINA SDN. BHD. (a substantial shareholder) disposed 300,000 shares on 30-Jan-2019.
31-Jan-2019 Insider WHE BINA SDN. BHD. (a substantial shareholder) disposed 500,000 shares on 29-Jan-2019.
31-Jan-2019 Insider PLATINUM CASTLE SDN. BHD. (a substantial shareholder) disposed 300,000 shares on 30-Jan-2019.
31-Jan-2019 Insider PLATINUM CASTLE SDN. BHD. (a substantial shareholder) disposed 500,000 shares on 29-Jan-2019.

>>>{



Are insiders selling?

Take a look.

3iii

13,213 posts

Posted by 3iii > 2019-02-01 08:25 | Report Abuse

>>>>

>>>>
Posted by yewyin33 > Feb 1, 2019 06:26 AM | Report Abuse


I must say, God works in a mysterious way in directing me to look at Carimin's 1st quarter announcement 5.01 sen per share at end of November last year when the price was about 30 sen. Immediately started to buy with all my available funds. I even sold 2 pieces of land fronting the Meru Golf course to buy more Carimin share. In the last few trading days, an average of about 15 million shares changed hands. It shows that many institutional investors were buying so aggressively as if there is no more tomorrow. It shot up so rapidly. It went up more than 100% within 2 months. The last traded price was 72 sen,
Koon Yew Yin


>>>>>




Despite making huge profits in 2015, his losses last year must be huge and impactful.

This is evident as he has to raise more capital through selling his priced land assets.

What has happened to his access to the huge margin facilities?



Leveraging has its advantages and ugly risks. Enter the lion den only when you know what you are doing. Many are wiser choosing to remain on the outside.

3iii

13,213 posts

Posted by 3iii > 2019-02-01 08:27 | Report Abuse

Many a dragonslayer got slayed before killing a single dragon. (Poke)

3iii

13,213 posts

Posted by 3iii > 2019-02-01 08:52 | Report Abuse

>>>
Posted by dragonslayer > Feb 1, 2019 08:34 AM | Report Abuse

Aiyo..uncle kon...at this age still want play play with his reputation meh...to be substantial shareholder is just a peanut to him mah...market cap 174mil...he close both eyes also can be substantial shareholder like jaks mah..if insider dun sell..how he can accumulate more shares...correct or not...uncle kon offer exit plan for insiders mah...so he can replace them mah...correct or not...uncle kon...wtg your announcement ...you become substantisl shareholder soon.....aiyoyo...kikiki
>>>>



Your assumptions: either the insiders are stupid or they are in cahoot.

Either scenario you are the the smartest in the game.

3iii

13,213 posts

Posted by 3iii > 2019-02-01 08:55 | Report Abuse

Are u a remisier too? :-)

Beza

1,847 posts

Posted by Beza > 2019-02-01 09:44 | Report Abuse

KYY will exit at RM1 soon. Let the rest take his tickets. The spike is due to his gangs (OTB) pushed up to attractive flies to come.

newbie4444

1,264 posts

Posted by newbie4444 > 2019-02-01 09:45 | Report Abuse

Will curry mee end like Jaks? KYY and i3 forumers push and let insiders cash out?

Icon8888

18,659 posts

Posted by Icon8888 > 2019-02-01 09:51 | Report Abuse

of course lah.... what else ? help you to become millionaire so that you can retire early ah ?

tiu....

BillyK

570 posts

Posted by BillyK > 2019-02-01 09:55 | Report Abuse

beware of sharks in deep water

amet2017

3,150 posts

Posted by amet2017 > 2019-02-01 09:57 | Report Abuse

Aiyo referee is already here

684780829

3,651 posts

Posted by 684780829 > 2019-02-01 10:25 | Report Abuse

Lots of sour grape who cannot make as much money as KYY and OTB who have the last few years shown how to do it. If you lose money it is because of your own stupidity. Very sour. Next week is the best week to buy shares in Curry Mee. Why low volume and contra players and weak holders will sell.I am waiting for below 68 sen. Thanks losers

smartly

6,441 posts

Posted by smartly > 2019-02-01 10:45 | Report Abuse

uncle koon is buying enormously.
but substantial shareholder is happily selling to him.
see the contrast ?
if uncle koon is buying so much of shares but with no exit plan (maybe he relies on force selling as his exit mechanism?), who will take up his shares if carimin's turn sour ?
carimin is a lost making company for the past 2 years. just because of 1 +ve q to cause the share price spike up so quickly ?
think twice before you invest. riding on the wave and earn some small money still can but not stupidly follow simple TP pluck from sky lah.

CharlesT

14,953 posts

Posted by CharlesT > 2019-02-01 10:49 | Report Abuse

Hope the boss of the co will treat him better than ALP...amen

Icon8888

18,659 posts

Posted by Icon8888 > 2019-02-01 10:51 | Report Abuse

I will have more confidence if at least he goes and meet them

but nothing so far

then why the hell is he selling his land to bet big ?

LOL

i3lurker

14,491 posts

Posted by i3lurker > 2019-02-01 10:54 | Report Abuse

MGO very soon..

All shareholders will sell 100% and then start another company. There is no law says cannot do that for Carimin.

Koony Jai may be appointed CEO very soon.

cheoky

2,823 posts

Posted by cheoky > 2019-02-01 10:57 | Report Abuse

wake up la
go pengerang and sg renggit minum kopi and observe the crowd vs early last year before you said you want long term in carimin.

cari makan minum kopi dulu sebelum terjun masuk dan jadi FD otb.

CharlesT

14,953 posts

Posted by CharlesT > 2019-02-01 10:59 | Report Abuse

The golden finger broker OTB should be able to do a better job...

Unlike the useless plp qqq3 in jaks deal

CharlesT

14,953 posts

Posted by CharlesT > 2019-02-01 11:00 | Report Abuse

I sincerely hope than kyy will hv a better ending eating currymee n not laosai

i3lurker

14,491 posts

Posted by i3lurker > 2019-02-01 11:03 | Report Abuse

agree!

EVERYONE ABANDON SHIP!

give the WHOLE COMPANY to Koony Jai

altogether SELL NOW!

Posted by cheoky > Feb 1, 2019 10:57 AM | Report Abuse
wake up la
go pengerang and sg renggit minum kopi and observe the crowd vs early last year before you said you want long term in carimin.

cari makan minum kopi dulu sebelum terjun masuk dan jadi FD otb.

684780829

3,651 posts

Posted by 684780829 > 2019-02-01 11:07 | Report Abuse

LOL lots of negative energy. Poor losers

Alex™

12,594 posts

Posted by Alex™ > 2019-02-01 11:12 | Report Abuse

Aiyo... Why today judi table no open again? Everyday no open how to do business?

3iii

13,213 posts

Posted by 3iii > 2019-02-01 11:27 |

Post removed.Why?

cheoky

2,823 posts

Posted by cheoky > 2019-02-01 11:46 | Report Abuse

i prefer to be a loser in i3 than loser of own wealth. loser of wealth by following other people story or article is lagi worst and painful.

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