From the announcement, Nik now has 2 margin account with the same IB. Interesting turn of events....

@Happy3933... The one thing that I will find comforting if Nik were to continue buying is that he is prepared to sink or swim with us all. In other words, de-listing is a foreign word now... Cheers

@Happy3933... Does Nik knows something juicy coming up that we don't? Cheers

@Mabel... Good question. You can see in the announcements to Bursa today.

Nik got his son to join us to buy Barakah... Ha ha. He has acquired 10.5 million shares, so far.

I feel Barakah will be revisiting 2.5 sen again...thanks to the IB.

@Mabel... I believe many of us here are more concern about the market price. Its a long-overdue wait & it's tiring... Ha ha. You are right to say its a good opportunity time to buy. I am waiting to buy again at ridiculous price if the IB is prepared sell. Cheers

@tiruban85... Good Morning, I don't believe in the target price set by analyst. I leave it to the market forces to determine what the prices should be. My immediate expectation is... lifting of the suspension by Petronas. Once this is realised, all others will follow suit. Exiting PN17 will also become academic... Cheers

@Happy3933... The fat lady have started singing... in the bathroom!! Can you hear? Ha Ha. Cheers

@tiruban85...I fully agree with you. You have gone this far... just hang on. We are almost there.... Cheers

@Happy3933... @investortrader88 already got his 1st prize. Ours.. on the way... Ha ha

@Mabel... Ha ha... The silent majority would agree to the calling Silent Mary. A silent but deadly ship... Cheers

@Mabel... being a Malaysian-base O&G company, Barakah needs the confidence of Petronas. Foreign peers do look up to Petronas for guidance when giving out O&G contracts. With the suspension, Barakah is at a disadvantage. I feel Nik is no longer able to solve the suspension issues diplomatically. The entrance of Zaid Ibrahim could be the key to solving the suspension issues amicably... Cheers

@calvintaneng...Ha ha. Calvin, you write like a clown. I doubt you understand what you have written. I am sorry to say the quality of your so-called analysis written is amateurish.

Events the last few days have shown concerted & serious work are at play to revive Barakah. Zaidi Ibrahim too feels he can bring value to Barakah. I believe efforts are already on-going to have the Letter of Suspension revoked for I find Barakah's survival hinges on this revocation. It is only with this revocation, strategic suitors will find it comfortable to enter into an alliance. The revocation is enough to make the market price fly, which is good enough for me. The PN17 classification , however remains unchanged. Cheers

@BigPro...Thanks. Things should get clearer from now on....

@Happy3933... Ha ha... Not much confident in getting any... Cheers

@Newbiesky...It's getting juicier by the day, isn't it?

@Happy3933... Ha ha.. No luck. Will try again tomorrow. Cheers

@Happy3933... Feeling greedy. Buying a little more Barakah at 3.0 sen. See can get

@T800... 5:1 shares is history now. All agreements with Lecca have been mutually terminated. Read the announcement yesterday. Cheers

My dream... at long last, Serba marries Barakah, the damsel in distress who once jilted him... Ha ha

@Mabel... Interesting post indeed. It would be great if the waves will grow to become a tsunami... soon, that is.

Ha ha... I would love to buy a little bit more at 2.0 sen. I will give you a treat T800 if I manage to be The Chosen One... Cheers

@Chun... You have enough. That's good enough. You will be seeing new market reactions to the new combinations... Cheers

Market reaction will be flat, no doubt but I am more encouraged now. Barakah is now free to negotiate or enter into agreements... with strategic suitors.

Barakah has officially divorced Lecca... Looking for a new suitor. I find this interesting...

@Mabel... Well deserving karma... A good deed deserves another. Well done...

@Happy3933... Yes, we have to continue dreaming Ha.. Ha. Have a wonderful weekend with your family too. Cheers

@Happy3933... The decision to recommend a Buy at that period of time may not be totally wrong... I personally find the Letter of Suspension by Petronas changed the whole landscape drastically. It is the worst kept secret of the market. The announcement totally shocked me. The subsequent measures taken have convinced me that it was a irresponsible act against Barakah. Damage have already been done as reflected in the market price. For the reasons above, I will not fault the buying recommendation made at that period of time. I always find the share market to be a tough place to be in... Hopefully we can smile next week. Seeing renewed buying interest. Cheers

@RICH MAN... You are not only a rich man but actually a humourous man...

@Mabel... Good that you believe in your instinct. You now have many turnaround companies. Midas touch, you are.

@Mabel... You were right about Armada. Its going to break the 40 sen level...and higher. They taught the shorties expensive lesson. Cheers

@limkopi... Barakah is not a restricted stock. Maybe due to other reasons.

@Mabel... Is something cooking?

@limkopi...Cash purchase! That's bad news

@Mabel... Ha ha.. Was trying at 2.5 sen. No luck, perhaps

@Happy3933... Cheers to you

@Mabel... Feels good after reading your post. I find using the word Rubbish is strong & crude. I am all for healthy exchange of opinions. Cheers

I will only buy Netx at 0.005 sen... It's expensive even at 1.5 sen. Cheers

@Happy3933... No total loss lah. Just another bad dream... Ha ha. Cheers

@annmix...I fully agree with you. Expecting another empty budget announcement...

@Happy3933... Let me guess. Is it a Bentley? That's a sweet dream.. Ha ha. Cheers

@Cnlim...Barakah at this level is opportunity, to me. We all go through bad times in life...Cheers

@Mabel... What a dream come true reading the out of court settlement... Ha ha. Cheers

@Mabel... I still believe the fastest way out for Barakah is through the one who put them in the mess in the first place... Petronas. Its going to be a wasteful $1 billion if Petronas decides to challenge the lawsuits. Out of court settlement is the better and cheaper option for Petronas. With the writ of summons already issued, I forsee settlement not too far a distance ... Keeping fingers crossed though. Cheers

@Mabel... It is an endorsement for Serba with EPF & KWAP coming on board. Switching their portfolio from Sapura...

@Mabel... Serba's CEO bought Powernet today. Hopefully he's on a buying spree...

@Happy3933... If that dog is a Belgium Shepherd... no play, play lo. Have not read anything on Petronas's replies yet. My 2 sen opinion says Petronas has limited chance of winning. Need to buy more Barakah shares... Cheers

The Suspension letter have also caused its owner financial distress... He has less than 7% shareholding by now. I hope Nik will take legal recourse against Petronas for having caused him untold damages...