Highlights
KLSE: BARAKAH (7251)       BARAKAH OFFSHORE PETROLEUM BHD MAIN : Energy
Last Price Today's Change   Day's Range   Trading Volume
0.04   0.00 (0.00%)  0.04 - 0.04  1,310,800
Analyze this stock with MQ Trader system

Overview

Market Cap: 40 Million
NOSH: 1,003 Million
Avg Volume (4 weeks):2,620,473
4 Weeks Range:0.035 - 0.045
4 Weeks Price Volatility (%):
50.00%
52 Weeks Range:0.03 - 0.065
52 Weeks Price Volatility (%):
28.57%
Average Price Target: 0.06
Price Target Upside/Downside: +0.02
Stamp duty exempted for year 2024

Financial Highlight

Latest Quarter | Ann. Date 31-Mar-2024 [#3]  |  28-May-2024
Next QR | Est. Ann. Date: 30-Jun-2024  |  29-Aug-2024
T4Q P/E | EY: -5.21  |  -19.21%
T4Q DY | Payout %: 0.00%  |  - %
T4Q NAPS | P/NAPS: -0.0219  |  0.00
T4Q NP Margin | ROE: -5.93%  |  0.00%

Headlines

Date Subject
11-Mar-2024 Daily Market Commentary - 11 Mar 2024
11-Mar-2024 PublicInvest Research Headlines - 11 Mar 2024
11-Mar-2024 Mplus Market Pulse - 11 Mar 2024
11-Mar-2024 Kenanga Today Highlights - 11 Mar 2024
26-Jan-2024 Daily Market Commentary - 24 Jan 2024
26-Jan-2024 Mplus Market Pulse - 26 Jan 2024
13-Dec-2023 Daily Market Commentary - 13 Dec 2023
13-Dec-2023 PublicInvest Research Headlines - 13 Dec 2023
13-Dec-2023 Mplus Market Pulse - 13 Dec 2023
13-Dec-2023 Barakah Proposes to Auction Vessel to Repay Debts
31-Oct-2023 Mplus Market Pulse - 31 Oct 2023
31-Oct-2023 Auditor Doubts Barakah Offshore’s Ability to Continue as Going Concern
09-Aug-2023 Daily Market Commentary - 09 August 2023
09-Aug-2023 PublicInvest Research Headlines - 9 Aug 2023
09-Aug-2023 Mplus Market Pulse - 9 Aug 2023
09-Aug-2023 Daily Market Report - 9 Aug 2023

Business Background

Barakah Offshore Petroleum Bhd is a Malaysia-based investment holding company. It is involved in the oil and gas industry in Malaysia. The company, through its subsidiary, is engaged in providing and carrying out onshore and offshore contracting works, such as pipeline pre-commissioning, commissioning and de-commissioning, pipeline installation, fabrication, hook-up, topside maintenance and other related activities. It offers various services, including pipeline services, offshore transportation and installation works, hook-up and commissioning, onshore construction, underwater services and chartering of marine vessels and equipment.
Trade this stock with T+7 trading account. Find out more.

  20 people like this.
 
Medusa To the mooonnnnnnn
28/04/2023 6:52 PM
warris Good question.
04/05/2023 10:27 PM
AlexChiaWS The dispute between Barakah and Petronas exec & former exec had been withdrawn from court. (todays announcement). Possibly it had settled outside.
Hopefully Barakah gain some benefits during the settlement negotiation.
08/05/2023 11:35 PM
EvoDeer HELLO hello ....oil and gas ...a lot of counter out there,,,,,,,,,
21/05/2023 11:35 AM
CubaTryTest Suspension uplifted, petronas license renewed... next... jeng3... rumors
24/05/2023 10:22 AM
SNAS jeng3 means there will be a surprise & very positive
26/05/2023 12:35 AM
moonslayer274 (ii) To undertake a proposed shares consolidation of existing 10 Barakah Shares into 1 consolidated Barakah Share (“Consolidated Share”) (“Proposed Share Consolidation”);


(iii) Pursuant to the Proposed Share Consolidation, the Proposed Shares Issuance shall entail the subscription by Mr Zainal or his nominee for 5,000,000 Subscription Shares at RM0.20 each;

If the above is the case, the current share now is only worth 2 sen?
26/05/2023 9:39 AM
moonslayer274 20 sen mother share, 4 rights issue at 10 sen each. Ex price: 12 sen. Warrant 2 lots free conversion price 20 sen. So warrant is 1 sen or nothing. Can someone enlighten what this Barakah is trying to do?
26/05/2023 10:50 AM
moonslayer274 Normally, the PN17 up-lift is an announcement to expect positive movements, but for this Co, the status uplift is disaster, confirmed lose more than 100% of the money on consolidation. The appeasement and consolation is the so call rights shares and warrants .subscription. Better off either to just leave this Co to its whims and fancies or re-look once the new issuance is listed.
29/05/2023 1:47 PM
sirdukes When is the PN17 up-lift announcement?
02/06/2023 2:49 PM
elijahnelson Need an upgrade???
https://mapquestdrivingdirections.io
07/06/2023 10:54 AM
CubaTryTest Petronas license renewed.... next new contract then PN17 upliftment soon... come2..
27/06/2023 10:02 AM
Moneymore Today got some movement ..bile mau rocket?
12/07/2023 10:47 PM
CubaTryTest Barakah unit receives extension for pan-Malaysia MCM contract:: https://theedgemalaysia.com/node/675231
18/07/2023 3:13 PM
sirdukes That is not new contract. Just an extension with no RM value unless there is job provided.
21/07/2023 8:27 AM
Michael Kwok Post removed. Why?
31/07/2023 8:58 PM
sirdukes https://theedgemalaysia.com/node/677890
09/08/2023 11:40 AM
sirdukes New contract. Hmmmm
09/08/2023 11:40 AM
CubaTryTest Next exit PN17 la...
09/08/2023 2:40 PM
MarioBros Brunei project. Tomorrow fly to the sky
09/08/2023 9:53 PM
babayaga67 bila mau jalan
21/08/2023 11:38 PM
Bull13 BARAKAH. The next take over target after KNM?
06/09/2023 9:26 AM
CyrusQ when exit pn17
06/09/2023 9:34 AM
CyrusQ Whats the status here ?
13/09/2023 3:53 PM
Saifuddin Mohmad Fuzi Need to re-formulate regularisation plan..... Long way to go.. or going under....

31/10/2023 10:02 AM
mike767879 Need new regulations plan to spike its price !
07/11/2023 8:49 AM
ryanrobbie Make your life easier by using our smart map. You don't need to remember complicated routes or complicated directions anymore https://mapquest-drivingdirections.io

17/11/2023 4:09 PM
Dehcomic01 From a ROE perspective, except for 2023, Barakah ROE was lower than those for my 2 reference Bursa energy services companies – Dayang and Deleum.
The only except was for 2023 where Barakah posted a 40% ROE. This seemed like a turnaround after the negative ROE of 177 % in 2022. https://i.postimg.cc/FzgHw3Jz/Barakah.png

But when I dug deeper, this positive 40% was because it had an after-tax loss of RM 4 million divided by a negative equity. It was a positive 40% due to arithmetic.
Moral of story – when numbers look funny, you better dig deeper
09/12/2023 7:27 AM
youarewelcome88 Lelong as a scrap or what? What future holds for Barakah post-L101? Can anyone kindly enlighten the situation. Thanks
13/12/2023 9:43 PM
mike767879 Need new projects to spike its price !
19/12/2023 7:05 PM
sikeca5360 Retro Bowl blends American football excitement with vintage charm. Its pixelated visuals and addictive gameplay offer a nostalgic arcade experience. Manage rosters, make strategic decisions, and enjoy matches with simple controls. https://retrobowl-game.io
28/02/2024 6:47 AM
topreplicas https://topreplicas.cc
29/02/2024 2:36 PM
topreplicas https://topreplicas.cc/nike-replica/
29/02/2024 2:38 PM
qweqwe123 Replica watches have gained increasing importance in recent times
As we all recognize, watches play a vital role as timekeepers in our daily routines, guiding us through various activities. Beyond their utilitarian function, a watch serves as a symbol of an individual’s success, personal style, and attitude. Owning a high-quality luxury watch signifies not just a sense of style but also taste and confidence in one’s achievements.

In the contemporary market, many enthusiasts seek imitation watches that offer affordability, remarkable resemblance to the originals, and meticulous craftsmanship. In essence, they aspire to have it all. Is there a watch that can meet these criteria for discerning watch enthusiasts? Indeed, there is. For example, we proudly present a collection of superb Rolex replica watches.

https://golfwatchs.com/
04/03/2024 9:01 AM
kodehash Best Application Development Company In UAE

At Kodehash, we're more than just a mobile app development company - we're your partners in growth. We blend innovation with creativity to create digital solutions that perfectly match your business needs.
https://kodehash.com/solutions/application-development
03/05/2024 5:42 PM
AlexChiaWS The QR announced was good.
Hopefully SC will convinced to extend regularisation plan submission date further.
While Kota Laksamana 101 is schedule to be auction in mid June (this month) , if there is a buyer it mean that Barakah can exit PN17.


https://www.xindemarinenews.com/m/view.php?aid=54520


When is arbitration result between Barakah and Enquest will come out?
Hopefully Enquest will have to pay full amount that court had decided.
02/06/2024 3:48 PM
webasha5242 Thanks for sharing this excellent information. It’s a very interesting topic, and I found it extremely helpful. Your article is well-written and informative, and I believe it will be beneficial for other readers as well.
Visit: https://www.webasha.com/courses/google-cloud-training-delhi

17/06/2024 7:02 PM
Robert Waters Update on the efforts to sell the elephant.
Get info about the conditions of a white elephant barge ...

https://online.publuu.com/555600/1248833
20/06/2024 1:09 PM
warris this boat koyak already...average 60%...if got buyer very lucky...
20/06/2024 9:55 PM
topkek Up up up
24/06/2024 11:15 PM
bluebiznet nampak mcm wayang pushing up for big fish to run. last chance to run before things go really really bad, sold all! dpt balik sikit better than kosong 0 nanti....
25/06/2024 9:26 AM
bluebiznet since when i3vestor became a place flooded with those rubbish advertisement?
25/06/2024 10:16 AM
Kotaro When is arbitration result between Barakah and Enquest will come out?
Hopefully Enquest will have to pay full amount that court had decided.
25/06/2024 9:13 PM
Robert Waters There is no court case, only arbitration. And once this fails to reach an agreement, Enquest can drag it through the courts for years. Barakah will be long wound up by creditors before trial or appeal is set. Company may not survive for long enough to benefit from it.
27/06/2024 2:37 PM
Robert Waters Looks like syndicate will finish the job on this counter soon. Big fish are still around here, but not biting any more. White Elephant Barge NOT sold. Deleum, Icon and Sapura Energy, similar counters are down. Only small fish still trying this one. But you can see the shark circling for more fish to come before feeding.
Today buy volume decreased from 9 to 3 million. Not a good sign.
04/07/2024 9:52 PM
bluebiznet Agreed, Robert waters. run before it is too late, ive sold all at 4 sen, will soon become 0.035, 0.030, 0.025, 0.020...
10/07/2024 4:30 PM
Kotaro Yes please run before it is too late, sell all you got until price drop to 2.5 sen at least
11/07/2024 3:45 PM
AngelaIBurrough You are good to have the best services that are providing us the results we need. Also, from the https://www.adelaidepressurecleaningpros.com.au/ I saw many great services that are providing us what we need to know.
11/07/2024 10:03 PM
bluebiznet great! a very serious white knight sighted.
24/07/2024 10:09 AM
bluebiznet conservatively expect to see 30sen - 40sen
24/07/2024 10:13 AM


APPS
I3 Messenger
Individual or Group chat with anyone on I3investor
MQ Trader
Stock Screener using Technical and Fundamental criteria
MQ Affiliate
Join the MQ Affiliate Program today to earn rewards
 
 

189  464  643  1182 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 HSI-CXU 0.14-0.025 
 HSI-CXN 0.07-0.02 
 HSI-HWW 0.235+0.015 
 HSI-CXJ 0.115-0.015 
 MQTECH 0.010.00 
 EKOVEST 0.48-0.01 
 BAHVEST-WA 0.0150.00 
 MASTEEL-WB 0.14+0.005 
 SCBUILD 0.015+0.005 
 AHB-WC 0.08+0.005 
PARTNERS & BROKERS