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.
---------------------------------------------------------------------------------------- 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
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.
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.
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.
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
>>> 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.
>>>> 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.
>>> 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.
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
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.
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.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Scavenger23
294 posts
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