http://www.theedgemalaysia.com/business-news/264372-barakah-offshore-unit-bags-up-to-rm25-mln-contract.html

BARAKAH OFFSHORE PETROLEUM BERHAD

Type Announcement

Subject OTHERS

Description BARAKAH OFFSHORE PETROLEUM BERHAD
- AWARD OF CONTRACT FOR THE PROVISION OF DEWATERING, DRYING AND DRY PRESERVATION OF 14” AND 24” KBB LINEPIPES FOR KEBABANGAN NOTHERN HUB DEVELOPMENT PROJECT


INTRODUCTION
Barakah Offshore Petroleum Berhad ("Barakah" or the “Company") is pleased to announce that its wholly-owned subsidiary company, PBJV Group Sdn Bhd, has received a letter of award from Kebabangan Petroleum Operating Company Sdn Bhd (“KPOC”) for the provision of dewatering, drying and dry preservation of 14” and 24” KBB Linepipes for Kebabangan Nothern Hub Development Project (“Contract”) at a contract value between RM20 million to RM25 million. The work for the Contract is expected to commence in Q4 2013 and is expected to be completed by Q1 2014.

FINANCIAL EFFECTS
The Contract is expected to contribute positively towards the earnings and net assets per share of Barakah Group for the financial year ending 30 September 2014.

movin in tandem with Alam

The DOW is up 94pts now

KAQ4468 how much have u lost through ur analysis in the market. thus far? Just a ballpark figure my friend?

Based on my above opinion I safely coin this phrase " Now everyone can fly"

another possibility is ex- ing at Rm 8.00 to around Rm 1.60 and give the benefits of the additional premium of around 70c ( Rm 2.30 after ex) to those who were unable to jump on this pre-ex 'gravy train ' at the various low costs price ranges,This will work out to at least Rm 11.50 target price of the share. Now this is fair distribution, its only my opinion, I stand corrected here

only if 'christiano; is leading the attack!!

what game bro

flyin finish. tomorrow greater heights! Whats the news.

barakah flyin. Did they get the 'T &I"

2 c above ipo only! Bagi lah IPO at Rm 2.00 so that we all can make money

Fortunebull: MYEG will also blossom beautiful with its fair share of goodies, for sure. The shares will definitely rise well, but not so rapid in view of its market capitalization. U will also be amply rewarded for sure. The ultimate goal is the same, its just a matter of how fast u reach it.
Market mechanism are always in place to ensure stability in the event of unexpected volatility in prices. We are all here to make money. So peace brother! Malaysia boleh lah!

The difference between MTYEG and DATOSONIC !! Is there a difference!, the nature of the jobs awarded appears similar, except the quantum. The market capitalization is different, 'DATOSONIC' issued cap is 135m, whereas MYEG is 601m. That explains the surge compounded by the goodies ,the splits and the countless bank analysts upgrades!

Pardon by punt, it should read DATASONIC and not DATOSONIC!

Major shareholders of DATOSONIC BHD ( 64%) :-

1.Dibena Enterprise - 35.7%
2.Dato' Abu Hanifah bin Noordin - 15.5%
3. Chew Ben Ben - 12.8 %

Dibena Enterprise - 35.7% ????

"Pressure on property, new ruling likely to impact housing loan growth -
http://business.asiaone.com/news/pressure-property-new-ruling-likely-impact-housing-loan-growth

' Business as usual in the Property Market
"http://www.thestar.com.my/News/Nation/2013/11/17/Business-as-usual-in-property-market.aspx

Tommorow is T+4 for contra players who bought on Monday. Expect further drop to clear all these punters

With the 'T&I' to be announced Q4 '13-1Q'14. the shares will push to around Rm 2.50.

flushing time!

Perisai at 1.45: Alam at 1.56
Their issued shares are between 650m - 750m

its peers are Alam & Perisai with the around the same range of market capitalisation. Check their trading prices for comparison.

I will be looking at adverse and out of the context remarks in this forum by undesirable elements and have the administrators of .i3investor forum look at it and have these people banned. This is a forum for healthy and constructive discussions and opinions and not for some silly fools to say what they like. Remember they r genuine and intelligent investors in this forum.

Healthy flush out! Watch its movement up this week. Do not be weak and give into ppl in the forum who says sell, sell !, cause they might be buyin low when u sell. Use ur own discretion and analysis when u have invested. This stock has strong growth potential by virtue of their key personnels' strong prior working relationship and association with PETRONAS. Just wait patiently for the 'T&I' announcement. " Learn to swim with the sharks, not get eaten by them"

Well the co is confident of securing RM 500-600m worth of contracts per year for the next 3 years. Based on NET PROFT of 15% & Share base of 624,094,089 shares, the forward EPS based on 2014 earnings should be around 13c. PE of 15 X 13c = Rm 1.95. This is excluding the Pan Malaysia 'T & I" job

The trade analysis is in line with the financial analysis. A real gem!

JXRepcoBuffet: Check the quarterly financials of the co - Q1 16.72c, Q2 22.88c + Est Q3 21c = 60c

Estimated Q3 EPS 20c (conservative); Estimated 9 months ending September 2013 EPS 60c (conservative); PE 19x. Result: 60c x 19 = RM 11.40.
Q4 EPS....... need I hv to say more.!!! Now u know why they r chasing this 'low' free float with such intensity as if it is going out of fashion!

Siva & Stephenbond. Estimated Q3 EPS 20c (conservative); Estimated 9 months ending September 2013 EPS 60c (conservative); PE 19x.
Result: 60c x 19 = RM 11.40.
Q4 EPS....... need I hv to say more.!!! Now u know why they r chasing this 'low' free float with such intensity as if it is going out of fashion!

The true FV is much higher brothers. Good nite

relax brothers. Do not crack ur heads so much. It should be in the CDS account 2 days after ex and prior to listing. Nevertheless, if it takes longer, u need not worry as long as u have paid for the existing shares and r entitled for the split.. The system will capture this and will ensure it is in ur CDS accounts. Check with ur remeiser in case of doubts. Get a glass of warm milk and have a good sleep. More action on this counter tomolow!

why so long ah!

Siva68. The exdate is 2 days before the entitement date i.e on 24 Dec. On the entitlement date (i.e 26 Dec) the split shares are already in ur CDS Account, before being listed on 27 Dec. Hope that answers ur question..

Siva68. On ex date the price is automatically adjusted to reflect the split

Share split is not bonus. U don't add to ur existing shares. Simply multiply ur existing shares by the split number, and that is ur portfolio of shares post split. Ur portfolio worth remain the same, only ur no. of shares. Ur capital gain is based on (i) ur entry level for this exercise; and also (ii) gains thereafter when the shares move up after the listing exercise on 27 Dec.. This is how millionaires are made in the market!

An earlier article on Saturday 16 Nov 2013

http://www.thestar.com.my/Business/Business-News/2013/11/16/Analysts-see-upside-potential-in-Datasonic.aspx

http://www.theedgemalaysia.com/business-news/263357-hot-stock-datasonic-share-jumps-8-as-firm-reveals-more-details-on-share-split.html

it will be testing Rm 10 soon based purely on its EPS of 68c forecast for 2013.

stick to the mother. Be patient for further job announcements.

excellent growth potential stock. Be patient

its fyin now to touch Rm 9.00 soon. Remember 36% free float!

1.STAR Business News

Published: Saturday November 16, 2013 MYT 12:00:00 AM

Analysts see upside potential in Datasonic

IN the list of best performers to-date, information technology stocks have fared very well, taking up five spots out of the top 20 polled by Bloomberg.

Among the five information technology counters, Datasonic Group Bhd tops the chart, and is one of the two companies that exceeded RM1bil in market capitalisation. The other one is e-services provider My E. G. Services Bhd.

My E.G.’s current price-to-earnings (P/E) ratio is slightly over 40 times while its forward P/E for the financial year ending June 30, 2014 is close to 27 times, Bloomberg data shows.

Datasonic’s current P/E, on the other hand is about 31 times and its P/E for the financial year ending Dec 31, 2013 forecast (FY13F) is 11 times.

This excellent stock has only 36% free float in the market.I presume they will push further before exdate for the split. Even after the split it will roll up further on its excellent future potential and its low free float.

it appears to have frontloaded most of the future earnings into the IPO price. Its only my opinion. Not a call to buy/sell.

THE STAR
Published: Sunday November 17, 2013 MYT 12:00:00 AM

'Business as usual in property market'

There must be social justice. Everything can’t be about making money and capitalism. What about the person left behind? He is going to suffer more and more.”

It is too early to say if the stringent measures announced in Budget 2014 three weeks ago will affect the property market.

But Siva says it has already affected market sentiment.

“There is virtually no activity in the market because everybody has a knee jerk reaction.

PLEASE GO ONLINE AND READ FULLY THIS VERY INTERSTING ARTICLE. Thks

Datasonic forecasted EPS for FYE 2013 is 68c. Based on a conservative PE of 18x, its price should be trading around RM 12

ex at 10.00

very little free float in the mkt. Fund managers are undecided because of this. better to pick up after the split

The Edge Daily Thursday 14th November, 2013

EVERY conversation about Iskandar Malaysia (IM) revolves around three related topics. One, the launch price for residential properties and land prices have doubled in the past two years. Two, the huge supply of completed residential units that will come into the market in the next two to four years from projects launched in the past two years. And lastly, what is the impact of the cooling measures announced in the recent Budget and other specific measures contemplated by the State Government. -

better pick the stock after ex-date. Good counter with great growth potential.

ruslimz. Agreed bro, high time for new TP. The next big Petronas award is the 8 billion Pan Malaysia 'Integrated Transportation & Installation' ('T&I') job, which is BARAKAH's specialty