For those who says vivo is con, please save ur time here. Go n check for ghksys,oldtown,wellcall.. I give u free tips so yall can chow from here..hahaha

Vivo will up on its own strength.. Even because of bad mouth MaggieeCurree

Today's purpose is to kill off contra players. After 4.30 will take off again. Lets wait n see.

im looking at ghlsys as growth stock and not div play. We're expecting better Q2-Q4 results as philippines, cimb and TNB project start to kicks in their book. Hopefully everythg will be good. Fingers crossed!

The attractiveness of counter basically because of their growth story. It's been projected that CAGR 2015-2017 will be around 80%. Since its primarily engaged in service sector where the margin is quite big and the risk is low so the profit of 30-40 mils is realistic target within 3 years. I think its achievable since this company is run by good management team. Also note that one of the major shareholder is Mr Brahmal Vasudevan who has the midas touch on company he invested in. CIMB twice give TP of 1.45 and believe in their execution plans. For me i will continue to ride this counter until 2017 and mb beyond. Hopefully GHLSys will reward us as their longterm investor. All the best peeps!

It is possible that the good result already to show in this quarter perhaps from its venture in Philipines. Remember that they're rolling out their biz in philipines since end of last quarter. Well im thankful for this counter. First n second round made about 40%, now in for third round. Like my remiser said, if u find good counter with growth just ride with it. In and out to make more profits. Good luck yall!

Train is collecting passenger.. Once fully loaded then will move fast again.. TP next week 1.30. Hope dream comes true. Simply a jewel in my portfolio. Cheers and all the best peeps!

Bought 90K at 80 cents.. I hope u're correct fotunebullz.. Then it will be bonus for difficult year.. Immediate TP 1.30

Now already at 26% popit.. Still hold on to it as new target price set by my remiser.. 1.33
1-3 months.. TOYOR!

Exponential grow rates of 100% yoy for the next 3 years.. With device cost per unit can last up to 7 years. Great potential.. Already enter at 0.799.. Looking first TP 0.90, 2nd TP 1.00..
Hopefully will repeat the same behaviour like mitra. Highly recommended by CIMB Analyst.

Share bonus, div 10%, major shareholders converting warrants to mother share.. everything is looking good for now. cheers!

financially backed by Tabung Haji and HL Group, technically backed by McDermott.. Looking forward for a stellar year ahead.

Period 1Q14

Actual vs. Expectations Reported 1Q14 core net profit of RM11.1m which accounted for 14.3% and 15.7% of our and consensus full-year FY14 forecasts of RM77.6m and RM70.7m, respectively.

We deem the results as within expectations as the 1H of the financial year is typically weaker on seasonal factor due to the monsoon season.

We have restated BARAKAH’s earnings to include: (i) the one-off gain on disposal of subsidiary Vastalux Energy Bhd, (ii) one-off impairment loss on goodwill and, (iii) its IPO listing expenses.

Dividends No dividend was declared as expected.

Key Results Highlights

QoQ, revenue declined by 5% to RM82.8m mainly due to a decrease in the turnover generated from installation and construction segment as there was lesser revenue generated from barge chartering and T&I projects in the current quarter.

YoY, 1Q14 core net profit was down by 30.9%, mainly due to lower barge income and higher administrative costs as the company built up its orderbook and went for a public listing last year.

Outlook Management guided that 1H14 results could be seasonally lower due to the monsoon factor. However, things will pick up in 2H14 on the back of higher installation and construction activities.

The secured orderbook stands at RM2.24b which provides earnings visibility for next three years. We understand that BARAKAH has been actively involved in bidding for new projects with its current tender book of RM3.0b, comprising 70 oil and gas projects.

We believe that the commissioning segment is able to provide Barakah stable earnings as it has a 90% win rate in the commissioning market every year with its excellent track record.

Besides that, Barakah is looking to secure T&I international work from the Gulf Region through its existing joint-venture partner in Saudi Arabia, which is expected to be awarded this year.

Additional growth for the T&I segment will hinge on BARAKAH’s future asset expansion. We understand that the company might expand the asset base in line with the expansion in contracts awarded.

Change to Forecasts Due to change of financial year end (from FYE September to FYE December), we have adjusted our FY14E and 15E forecasts to RM111.5m and RM130.8m.

Rating Maintain OUTPERFORM.

Valuation We maintain our target price of RM1.98, which is based on an implied target PER of 13x on CY15 EPS of 15.2 sen.

We believe our valuation for BARAKAH is still reasonable as we are valuing it at a 13.3% discount to the 15.0x PER ascribed to industry peers such as ALAM (OP; TP: RM2.07) given its smaller asset base (it currently owns only one pipelay support vessel).

Risks to our call (i) A downturn in the oil & gas sector could result in delays in contract rollouts. (ii) Delay in the Pan-Malaysia’s T&I project, which will reduce the potential earnings being factored in our forecasts. (iii) Lower-than-expected margins.

Source: Kenanga

UOB KH back in January report even put it this way.
our back-of-the-envelope calculation projects 2.30-2.50 if it wins the Saudi Aramco bid.

another interesting story is that Barakah currently in discussing to refinance its debt which if successful will save half the current interest they're paying for now.

Both will contribute significantly to its bottom line.

Lets pray hard and hopefully it will soon fly to new heights.

perhaps lower profit including the listing/reverse takeover cost..

hard to say.. China manufacturing index down.. already cut loss. better find a good stock than stuck in here longer. i learn something from this stock, perception matters.

so if i bought before the announcement, do i have to sell it even for loss?

if it's not shariah, then y LTH invest in first place?

http://www.btimes.com.my/Current_News/BTIMES/articles/20131129000353/Article/index_html

first good news coming out. i would say many more is queuing to surface just like the oil itself. cheers peeps. pray hard and play smart. have the bravest heart to ride the roughest tide. soon u will see the shore with lots of black gold! :)

keep faith peeps! play for longterm. PMB subs shareholder. chances are high they will also get projects from Petronas in future. if u in for contra, then u might wanna cut loss asap.

onshore means less capital to produce oil. it's like paying the price of car to own a speedboat..haha less cap x same oil price = more profit.

buy lor before u miss the boat or train or lift or whatever u wanna call.. u think after years of exile Halim Saad will play2 again? the king is trying to get back his throne, he brings all the kazakhs warrior with him.. *this is no recommendation to buy. trade on ur own risk ok. chow to jumaat prayer. i will pray hard for this counter! :)

Cat2 sekelian.. please be nice.. up or down make sure its mean2.. up i sell, down i average.. rilekslaa, ada kit kat baru jd!

if translate will be background dancers.. lol

max: u mean backup dancers? no need to be so malay ma..haha

i want2! both good singer can make biz.. got tix then i jadi ulat tiket.. cover my losses.. got xtra money can buy train tix to kazaks! haha

she said this is for longterm.. wait until june next year then judge her ma. this is blessing in disguise for some as most can average down. just my 0.365 cents thought.

going up tomorrow.. if not i will cut my nails!