The worst stock in my portfolio is coming back now beyond purchase price. And since NOBODY here did as bad as me, all of the investors must be happy. So do not expect many selling without trying for an extra growth. :-)
The share price is at new high. The price showed a breakout at 1.10. The volume is very high today. Hold tight like your girl friend until Nov 2019. I hope next quarter result will be very good. Can hit 1.40 to 1.50 in 2019 ?
Oil prices plunge on Wednesday after U.S. manufacturing activity dropped to a 10-year low as U.S.-China trade tensions weighed on exports and depressed global markets.
Brent crude futures, an international benchmark for oil prices, plunge 2.1% to $57.63 a barrel. U.S. West Texas Intermediate (WTI) crude futures plunge 2.1% to $52.43 a barrel.
"ITS TIME FOR BIG CORRECTION FOR OIL & GAS STOCKS AS OIL PRICE CONTINUE TO PLUNGE TOWARDS $50 A BARREL"
The short terms oil price volatile will not impact the O&G services segment, in fact, this may provide an opportunity for more support maintenance works, the people now very smart and already realized this fact.
Don't try to fool people there, the Carimin uptrend would remain intact.
For me, Carimin is one of the best company picks in this sector, not regrets!
Dear bc8660, The short terms oil price volatile will not impact the O&G services segment, in fact, this may provide an opportunity for more support maintenance works, the people now very smart and already realized this fact.
Don't try to fool people there, the Carimin uptrend would remain intact.
For me, Carimin is one of the best company picks in this sector, not regrets!
Ans : I think you are very good in analyse stock. I agreed with you. Carimin passed 5 of my most important criteria to assess the fundamental of a stock. Growth - 213% compared against previous year Cash flow generating from operating activities - 35 million in Q4 2019 result PER - 8.5 ROE - 18.2% EV/Ebit - 5.9
TA chart pattern is "Cup And Handle Chart Formation" which is super bullish.
I wish to buy cheap today, unfortunately I cannot get it despite bearish KLSE market sentiment. I still hope to buy some on weakness if there is one in next few days.
I hope Will76 can help me so that I can buy cheap in next few days. He is calling sell on this stock for a few weeks.
TQ for details. Big investors, small investors do need money for daily expenses. Naughtier ones may be up to funny tricks, to mislead fellow investors, like some on this forum so they can make more profits, or promote shares they already bought to sell and make crooked profits..sounds logical? Play your own game, Carimin has its own Route 66!
This counter can’t chase Penergy as sole biz only Maintenance. Maintenance income very unpredictable, every call/order (even if the company secured 1 or more projects in a quarter) have different set of works and type of margin. So, earnings will definitely be volatile.
Penergy have oil field. Totally different games. The only setback for Penergy is mgmt bad track record and Najib cronies.
A true investor said the price of Carimin should be higher than Dayang if you compare their results and potential. This means that Carimin is poised to shoot up soon. Anyone shares this view?
Very strange we're still stuck at the current level while other peers like Deyang, Penergy and even Uzma continue moving higher. From the past few historical data, We can easily see the company would produce more results in the event above peers are performing well in the same quarter.
Due to the current price gap between those peers, I have foreseen more uptrend room for Carimin at current moment.
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....
Will76
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Posted by Will76 > 2019-10-01 10:01 | Report Abuse
Breaking News from CNBC
"Oil plunged as China’s economic outlook remained weak amid an ongoing trade war with the United States and Saudi Arabia's output quickly restored."
"Brent crude futures were down 3.3%, at $59.71 a barrel and U.S. West Texas Intermediate (WTI) crude futures fell 3.3%, to settle at $54.50."