see kssc...
I bot 50.5 ... then QR announce.... lost a bit of $$...
dropped like shit... till 37....
then next QR made a lot lot... up to 52....
then now ? 42....
damn lah....

it will stay at 1.53 1.54 1.55 for long time...
see chinwell... it wont move for long time.

yes.
we also need Lynas plant
we also need KL118
we also need submarine
we also need telescope to peep at altantuya
we also need private jet to go Milan
we also need the greedy wolf in wall street spending billions of RM and lead to depreciation of RM

profit down... share price will be down like shit....
you will see at 9 am.
profit down a bit only, share price down like lou sai.
profit up a lot, share price only up a bit.

Fking bursa.

how about those racing track? wasting money again? fking armno.

bing ? tuahuat ? there.....

share market is damn.
result good only up 1-2 sen...
result low profit... down 4-10 sen
result loss a bit ... down 12 to 15 sen...
result loss a lot .... down till damn damn

how u know? announce?

income from gst also not enough to spend by mo1

Got plenty of private university in Malaysia.
UTAR local - cheap and good
Curtin Sarawak - also good and recognized.

Why go overseas to study?

Must oust JIB JIB BIRD BIRD..... see RM damn....

dropping.... damn.

nobody in this counter? all sold at loss?

guarantee payment project..... get a JV partner... got cash one... move it.

nexgram --- move the project quick.

constantly got projects awarded ---- can't understand why this counter seem abandon.

INTRODUCTION



Barakah Offshore Petroleum Berhad ("Barakah" or the “Company") is pleased to announce that its wholly-owned subsidiary company, PBJV Group Sdn Bhd (“PBJV”), has received the Letter of Award from Sabah Shell Petroleum Company Ltd (“SSPC”) for the Provision of Effluent Discharge Pipeline Replacement for Labuan Crude Oil Terminal (“Contract”).



INFORMATION ON THE CONTRACT



Labuan Crude Oil Terminal (“LCOT”) is a facility operated by SSPC that receive, dehydrate, store and export crude from fields located offshore Sabah which are operated by SSPC, PETRONAS Carigali and Repsol via two incoming trunk lines. The processed crude is then exported to tankers and the produced water is treated prior to disposal into the South China Sea via the effluent discharge pipeline.



The Contract involves Engineering, Procurement, Construction, Installation and Commissioning of a new effluent discharge pipeline in LCOT. The transportation and installation shore approach involves the stringing of the new pipeline in the beach area in the vicinity of LCOT. The pipeline will then be towed into the water and buried under the seabed.



FINANCIAL EFFECTS


The lump-sum Contract having a value of more than RM25 million is effective from October 2016 until the completion of the project, estimated to take approximately 2 years. The Contract is expected to contribute positively towards the earnings and net assets per share of Barakah Group for the duration of the Contract.



RISK FACTORS



Risk factors affecting the Contract include, but not limited to, execution risks such as availability of skilled manpower and materials and changes in prices of materials. Barakah Group has, throughout the years, established its track record and expertise to undertake such projects.



As such, the management of Barakah Group believes that the Group is able to mitigate the abovementioned risk factors.



DIRECTORS AND MAJOR SHAREHOLDERS' INTEREST


None of the Directors and/or major shareholders and/or persons connected with the Directors and/or major shareholders of the Company has any direct or indirect interest in the Contract.


This announcement is dated 10 November 2016.

INTRODUCTION



Barakah Offshore Petroleum Berhad ("Barakah" or the “Company") is pleased to announce that its wholly-owned subsidiary company, PBJV Group Sdn Bhd (“PBJV”), has received the Letter of Award from Sabah Shell Petroleum Company Ltd (“SSPC”) for the Provision of Effluent Discharge Pipeline Replacement for Labuan Crude Oil Terminal (“Contract”).



INFORMATION ON THE CONTRACT



Labuan Crude Oil Terminal (“LCOT”) is a facility operated by SSPC that receive, dehydrate, store and export crude from fields located offshore Sabah which are operated by SSPC, PETRONAS Carigali and Repsol via two incoming trunk lines. The processed crude is then exported to tankers and the produced water is treated prior to disposal into the South China Sea via the effluent discharge pipeline.



The Contract involves Engineering, Procurement, Construction, Installation and Commissioning of a new effluent discharge pipeline in LCOT. The transportation and installation shore approach involves the stringing of the new pipeline in the beach area in the vicinity of LCOT. The pipeline will then be towed into the water and buried under the seabed.



FINANCIAL EFFECTS


The lump-sum Contract having a value of more than RM25 million is effective from October 2016 until the completion of the project, estimated to take approximately 2 years. The Contract is expected to contribute positively towards the earnings and net assets per share of Barakah Group for the duration of the Contract.



RISK FACTORS



Risk factors affecting the Contract include, but not limited to, execution risks such as availability of skilled manpower and materials and changes in prices of materials. Barakah Group has, throughout the years, established its track record and expertise to undertake such projects.



As such, the management of Barakah Group believes that the Group is able to mitigate the abovementioned risk factors.



DIRECTORS AND MAJOR SHAREHOLDERS' INTEREST


None of the Directors and/or major shareholders and/or persons connected with the Directors and/or major shareholders of the Company has any direct or indirect interest in the Contract.


This announcement is dated 10 November 2016.

good announcement.
meaning angkasa project still ongoing.
hope they secure the land or JV with others.
Further blue hills are going for PRISM 1 projects.

china why need hermes? they have their own brand.... xinquan's brand.

haha.... no 105 lah
must collect more... if 105

why tpy disposed ?

I bot earlier than you and more expensive than you.
wa lau... shd hv sold at 112.....

calvin tan also no more here..... he has cut loss on his mulpha?

calvin tan no more in bj.... I guess he has sold his those 45 sen 48 sen bjcorp.

back to 29 sen... sienz

cepat - please issue special div or bonus share...

good order book, 67 sen I believe is only temporary.

still maintain at 5 sen.... shd be ok....
once blue hill projects pick up , psrim1 projects announce... it think will be ok.

hehe.... I think osk is ok.
if drop more, then buy and keep.
with pjd and oskprop.
the eps and nta will increase

I think is going to hover around 1.5x region....

MO1 usual style.... MO1 is the best finance expert, can siphon the money in all angles and direction. RM 55 billion is expensive.

better sell Johor to china - so I can be china citizen.

MO1 also eligible to sign agreements with China? Then Ah Kow Ah Mao can also sign with Li Ke qiang.

who has given the right to MO1 to sign those agreement on behalf of our beloved land?

waiting....should be around 70 sen

haha.... ah pek company.
patience.... i think they will announce to buy more profitable companies....
eventually pjd and oskprop profit will be reflected in osk Q report...

you got 108? I bot 108 2 weeks ago

if hovering at 1.5x.... can buy more....
I believe coastal will move up

aiyo.... I bot 153 now 150..... osk why?

RM 1 looks cheap

let it drop 1st.
like I bot kssc at 50.5... I tot is cheap.
q report announce, profit drop... can drop till 37
then subsequent q report, earn a lot... but up a bit only.
damn lor.

better be careful.
sometimes, once div announced, it will drop.
I also don't know why.
I tried b4.
B4 div not the stock, once announce, drop. funny. like a trap.

this counter shd give special dividend.
or any bonus share.

most listed companies share price 50% discount to its NTA.
Malaysia stock market is in this thread.
See OSK... RM 3.xx and not RM 1.5xx.
OSK after buying up OSK prop and PJD.... I think is more than RM 3.xx.... PJD is bought by OSK at RM 1.50... I doubt PJD is only worth RM 1.50... by looking at the landbanks.

Coastal - NTA RM 3.xx.... now also RM 1.5x....

ya.
I hv coastal, osk and wtk.

and wtf .... few paper loss counters.... don';t know what to do with them, did not cut loss....

cepat may announce bonus share or special div?

up due to good profit/

I bot osk, I did not buy pjd.
Last time I bot pjd at 85 sen sold at 95 sen..... never expected up to 1.50.....
but 1.50 bot by osk at this moment is cheap as those lands and properties prices increased more than double for the past few years/

long term is like money in the bank.
other div.... etc will be bonus.

0,025 x 2 = 0.05 / 1.53 = 3.27 % div.
and 0,05 is the least div as per track record.
Now pjdev is in osk. shd be worth more.
More income for osk.