@Mabel... Yes, Serba is a far superior suitor. They too, will come in as a strategic partner. That's the missing link Barakah should be looking for...

@Mabel... I have my reservation on the the capability of Lecca to turn Barakah around. For one, Lecca is a One-man run company. I don't feel good about it.

@Mabel... Imagine a situation where the entire crude oil production of KSA is crippled.... I find such scenario a reality now... & its frightening to think about its far-reaching implications.

@Mabel... The Saudis have to beg for mercy, on behalf of the world for the crimes it inflicted on the Houthis... The entire kingdom is now a potential targets of the cheap Drones. We could be staring at a recession next year... the world over.

@Mabel... I think its already kept in the archives. Let's see what the market holds for Barakah next week, now that the supply of world's crude oil is at the mercy of cheap, unsophisticated Drones...revisiting US$100 per barrel again?

@Mabel... the Notice mentioned goes way back to early 2018. I suspect its the first notice issued... Anyway, many thanks Mabel.

@Happy3933... Yes, hopefully soon. Barakah will buy me the tickets... Ha ha

Barakah issued another Demand Notice against Petronas. Included is a declaration that notice of discontinuance dated March 30 2018 be declared null and void by the court. Couldn't trace this letter. Could this be the first notice on the suspension? Anyone? Thanks

@Mabel... I was right @Happy3933 was away for holiday where Internet connection is not available... Ha ha. Welcome back Happy3933. Good to have you around

@Mabel... My take is 8 sen... 1st barrier. Cheers

You need to be the Chosen One to buy at 3 sen... Ha ha. You will notice that not many are prepared to sell at 3 sen anymore. Anyway, the best of luck to you in your buying.

@Mabel.... On Perisai, I will find great personal satisfaction if it is re-listed on January 2, 2020. I always try to be better than the market... Ha ha

Another plus point I have for Perisai & Barakah if compared to Sumatec, is their key shareholders. I find this factor important. Nik did not cash-out of Barakah as compared to Sumatec's key shareholder. Nik just got hit by the banking system. They stay true to their companies.

@Mabel... Perisai, if compared to Barakah is a more distressed PN17 company. It has until year end to regularise its financials or it faces a de-listing. I am confident Perisai, just like Barakah will pull through. Without it's listing status, they will not be able to survive in the O&G industry. Its a highly geared business.

@Mabel... Ha ha.. Perisai is currently suspended.

@Mabel... Though I have yet to buy the distressed counters you mentioned, I have however Perisai with me. I bought it during the fire-sale. I bought Perisai with the same belief as Barakah.... Cheers Mabel

@Ron90...I always find reviving a distress PLC, very exciting. It is filled with exciting news. I, for one believe that the suspension by Petronas will be lifted soon. Strong possibility the crux of their disputes are due to the unauthorised variation works on the ground. Barakah will Never be unlisted...

I have a feeling that Barakah will revisit 2.5 sen... I also find it strange that Nik is helpless in defending a company that he has personally built. The big bikes he owns are worth more than his current shareholdings....

On Sapura... I will be very careful even to consider buying it again. If you were to read about Sapura, prior to its rights I was bullish on its prospect. Its a turnaround company especially with PNB & OMV coming on-board. However, it is the other factors that determine its market price. To me, the market price is still floating.... albeit on a narrow range

@Mabel... Ha ha. Your post is more inspirational than the song... Good to begin the morning with.

Perhaps many are away on holidays... they should be back with vengeance soon

@DawsonL... It's actually Investment Bank or Kenanga, in particular

Aiyooo... IB still at it

@Mabel... It's actually Win big or lose Small. Ha ha. Cheers

No answer to your question. However, I am expecting a rebound very soon. Do not contra.

@Mabel... Another good analogy. Hilarious though. The presence of market syndicates keeps the market alive. To me, they are real professionals. Very difficult to read their play.

@Mabel... I enjoy that chicken rice analogy. Fully agreeable. I am expecting Barakah to rebound next week... 2.5 sen is history. Future margin calls will no longer be damaging as what we have seen the last 2 months. Cheers

@zakryfaa...I tried buying at 2.5 sen the last 5 days. No luck... maybe you have better luck. The best to you...

@obamar. That's not what I meant. You know what I'm saying. Cheers & Happy Merdeka Day to you

@obamar... If only you understand what opinion is. In your case, you find pleasure in seeing people in difficult situations due to the market movement. Its in bad taste. Or nasty, if I may add

@DawsonL... You can see the buying stream coming on very beautifully.... I love such buying trend

@Happy3933... Well said. Same to you too...

Nik's margin call will soon be history. I reckon his holding is less than 5% by now. His selling should no longer dampen the market price as what we have seen the last 2 months. I have kissed 2.5 sen goodbye.... Say hello to 8.0 sen..

@DawsonL... Thanks

@DawsonL...are you targeting that message to @obamar & T800... Ha ha. Have a good evening...

@Mabel... Have a lovely evening

@Happy3933... It is almost impossible to buy at 2.5 sen. I will buy again at 3.0 sen tomorrow. Its for Merdeka Day 2019... Cheers to you

@Happy3933...it's a beautiful play today. The stage is almost set for a upward trend. We should not be too concerned with those with artificial intelligence. Cheers to you....

@obamar...I have you to thank for if my buying order is matched today.

@kianweng123...I long story to tell about Sapura. However, in short I would say... Avoid this counter. Its because other factors influence its market price.

@Happy3933... We are dealing with artificial intelligence here... Cheers. I like the price momentum of Barakah....

@Mabel... What a beautiful morning read. Many thanks

@Happy3933... I believe when you said 'invest within your limit' means... No Margin Account? Safer since no kena margin call... Good advice. Cheers

@DasWack...I would say you are right. Its nothing new for a distress company. & I will follow @Happy3933 to buy some if the price falls to 2 sen....

@Happy3933.... They do not know the difference... Barakah is a nuclear-powered Submarine.... They mistook it for a sampan. Can't really blame them. Cheers

@Happy3933... I think you are right to say that today is going to be a sunny day. Have a nice day...

Remote possibility... Barakah is ripe for takeover... whether hostile or friendly. Only set-back is it's huge liability. Lecca is just an opportunist without financial muscles. Not able to turn Barakah around...

Talking of margin call, I find the relationship between Koon Yew Yin & Jaks as the most classic case I know of. It happened just last year. KYY & his gang lost a cool RM64 million due to margin call!!!

@T800... Very sad to know that you terminated yourself by ghost of SAAG. You never recovered. Your constant repeat of SAAG keeps on reminding you of the sad episode. Normally time heals but not in your case.

@Jmz88...I salute your motivation. All the best to you