pang72 If you scroll back to check the history traded volume , you will find the traded volume was range in 100,000 to 400,000 shares before Dec18 for many years. The volume spiked up to average 7.8 millions shares up to date. The interest parties are accumulating Carimin in a big way in knew reasons.
Haha... Low mentality engineer? This is the description for a multi millionaire or a billionaire ? Dcmh, you need to revisit your wealth before you comnents. If you are equally multi millions then I shut up.
Carimin iscnow on unchartered waters.It iscnow pump stage.Let's joint efforts to "hoot" it up.If good results then will kaboom.If not then is very dangereous for those who chased at peak.I'm in comfort zone as my holdings are below 0.40sen.
You cannot annualise latest Qtr results. Petronas' MCM contract which has been guesstimated to be about RM1bil spread over 5 years is not guaranteed, and is in the end dependent on oil price. Old man koon promoting like his life depended on it...look at lionind and hengyuan la where he's actually selling to you as he promotes and says he won't sell lol...and he doesnt need to announce that he holds > 5% since he has three parties acting in concert - himself, his wife, his nephew which means that he can go 14.97% and need not announce...old man wants to buy, sell to him like Jaks and let him play with syndicates because no institutional fund's will touch such a small, illiquid with no track record co, so what's left is you retailers. Results are at max 1 to 2 more quarters then.....
stingray_ea stingray( 100% Candlestick,simple,fast,high accuratecy No Trendline, UpDown,Z,M,N,W Reverse lines, U,F,O turns. No Indicator No News No FA / TA Go deep into operator mind and read their steps Go deep into retailer mind and read their steps after operator actions )
Baca sikit sejarah:_ RM10B for 6 companies. So, satu company 1.66B for 5 years. So, satu company 333mils revenue utk satu tahun So, agak agak plug from air margin 13.0% = 43.3mils profit satu tahun...
Carimin profit satu tahun = 43.3/234mils = EPS 18.5cents.
PE 10 rm1.85... Uncle TP 2.00......Ada logic juga!
@deMusangking,better follow me and my sifu, Calvin to buy Talam.It is now 0.03sen n downside is very limited.You can sleep soundly like Musang in day time.You can make 100% profit when it reaches 0.06 at the end of this year.
Talam is selling mud(landbank) to pare down debts.It has started to report lower losses.You may be surprised they report profit in future qtr from selling landbanks.So better grab some.
This MCM contracts which worth RM10 billion were 2012 contracts. So don't confuse others here, the new MCM contracts worth RM6 billion only, where Dayang got the largest portion which worth RM1.5 to RM2 billion. You go to check the revenue of Carimin from 2012 to 2017, where got RM1 billion?
valuelurker is right. That MCM contracts not guaranteed. All depend on oil price, if oil price good, then Petronas Carigali will pay more. No good, then pay less.
And one more thing, they didn't pay 24% corporate tax in previous quarter. So this time must to pay more.
I guess this quarter should be around 2 sen with revenue of RM60 million. They need to pay tax, and the average oil price also not good in the final quarter.
And also this is contract basis jobs, revenue of RM80 mil in previous quarter maybe came from two quarters, from April to September 2018.
"Like it or not, they (Petronas) will still have to ensure the integrity of these existing facilities are maintained. During the downturn, Petronas did cut down both capital and operational expenditures but under this segment, they cannot afford to do that," he said.
"We feel confident… The indication given to us is that more projects will come up with the [MCM] contract," he added
Mokhtar pointed out that work scopes under the MCM contract is wider, as it is for existing facilities, unlike the hook-up and commissioning (HUC) greenfield contracts that Carimin is traditionally involved in.
Haha... Mokhtar reaffirmed the confident on MCM contract. Petronas still need to service the oil rig even in downturn to ensure integrity of the facilities...
They feel confident they can turnaroud this year. They are right, but not 5 sen for every single quarter. Why don't you go to study how much profit margin they got from 2012 to 2014?
Once again, I bet 2 sen for this quarter with revenue of RM60 million.
Even though 5sen, 2 sen, 5 sen , 2 sen with total 14sen...
Pe10 ....still rm1.4.
Lu ada faham ....Carimin now 87.5cents only.. You still got solid 60% gain while touching rm1.40...
As I said , oil and gas PE 10 is conservative.. I am looking forward people goreng sapura or armada fiercely next week. Then you will know loss marking oil and gas worth nothing can goreng up...
this uncle KYY is very very fond of China superiority..hemm..why ah?
in regards of China, uncle KYY forgot what history tells us..many many great giant companies collapsed, closed-down, die..over the years.. and huawei olso no exception. that company is not really private company, its belong to the party..and uncle KYY please don ever forget that China is not democratic ..KKY blind about this eh? KYY happy with China?..go la...meet your friend Jho Lo... he's living happily, protected and secure after mission completed to harm our economy... Now U should know, JhoLo works for whom ??
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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....
pang72
51,666 posts
Posted by pang72 > 2019-02-09 11:03 | Report Abuse
Good morning uncle.
Thank you for reaffirms your interest in Carimin.
Wish you gain a lot of money for you and for charity!!