Posted by sirdukes > 2023-04-25 16:07 | Report Abuse

any update?

Posted by Medusa > 2023-04-28 18:52 | Report Abuse

To the mooonnnnnnn

Posted by warris > 2023-05-04 22:27 | Report Abuse

Good question.

Posted by AlexChiaWS > 2023-05-08 23:35 | Report Abuse

The dispute between Barakah and Petronas exec & former exec had been withdrawn from court. (todays announcement). Possibly it had settled outside.
Hopefully Barakah gain some benefits during the settlement negotiation.

Posted by EvoDeer > 2023-05-21 11:35 | Report Abuse

HELLO hello ....oil and gas ...a lot of counter out there,,,,,,,,,

Posted by CubaTryTest > 2023-05-24 10:22 | Report Abuse

Suspension uplifted, petronas license renewed... next... jeng3... rumors

Posted by SNAS > 2023-05-26 00:35 | Report Abuse

jeng3 means there will be a surprise & very positive

Posted by moonslayer274 > 2023-05-26 09:39 | Report Abuse

(ii) To undertake a proposed shares consolidation of existing 10 Barakah Shares into 1 consolidated Barakah Share (“Consolidated Share”) (“Proposed Share Consolidation”);


(iii) Pursuant to the Proposed Share Consolidation, the Proposed Shares Issuance shall entail the subscription by Mr Zainal or his nominee for 5,000,000 Subscription Shares at RM0.20 each;

If the above is the case, the current share now is only worth 2 sen?

Posted by moonslayer274 > 2023-05-26 10:50 | Report Abuse

20 sen mother share, 4 rights issue at 10 sen each. Ex price: 12 sen. Warrant 2 lots free conversion price 20 sen. So warrant is 1 sen or nothing. Can someone enlighten what this Barakah is trying to do?

Posted by moonslayer274 > 2023-05-29 13:47 | Report Abuse

Normally, the PN17 up-lift is an announcement to expect positive movements, but for this Co, the status uplift is disaster, confirmed lose more than 100% of the money on consolidation. The appeasement and consolation is the so call rights shares and warrants .subscription. Better off either to just leave this Co to its whims and fancies or re-look once the new issuance is listed.

Posted by sirdukes > 2023-06-02 14:49 | Report Abuse

When is the PN17 up-lift announcement?

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Posted by CubaTryTest > 2023-06-27 10:02 | Report Abuse

Petronas license renewed.... next new contract then PN17 upliftment soon... come2..

Posted by Moneymore > 2023-07-12 22:47 | Report Abuse

Today got some movement ..bile mau rocket?

Posted by CubaTryTest > 2023-07-18 15:13 | Report Abuse

Barakah unit receives extension for pan-Malaysia MCM contract:: https://theedgemalaysia.com/node/675231

Posted by sirdukes > 2023-07-21 08:27 | Report Abuse

That is not new contract. Just an extension with no RM value unless there is job provided.

Posted by Michael Kwok > 2023-07-31 20:58 |

Post removed.Why?

Posted by sirdukes > 2023-08-09 11:40 | Report Abuse

https://theedgemalaysia.com/node/677890

Posted by sirdukes > 2023-08-09 11:40 | Report Abuse

New contract. Hmmmm

Posted by CubaTryTest > 2023-08-09 14:40 | Report Abuse

Next exit PN17 la...

Posted by MarioBros > 2023-08-09 21:53 | Report Abuse

Brunei project. Tomorrow fly to the sky

Posted by babayaga67 > 2023-08-21 23:38 | Report Abuse

bila mau jalan

Posted by Bull13 > 2023-09-06 09:26 | Report Abuse

BARAKAH. The next take over target after KNM?

Posted by CyrusQ > 2023-09-06 09:34 | Report Abuse

when exit pn17

Posted by CyrusQ > 2023-09-13 15:53 | Report Abuse

Whats the status here ?

Posted by Saifuddin Mohmad Fuzi > 2023-10-31 10:02 | Report Abuse

Need to re-formulate regularisation plan..... Long way to go.. or going under....

Posted by mike767879 > 2023-11-07 08:49 | Report Abuse

Need new regulations plan to spike its price !

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Posted by Dehcomic01 > 2023-12-09 07:27 | Report Abuse

From a ROE perspective, except for 2023, Barakah ROE was lower than those for my 2 reference Bursa energy services companies – Dayang and Deleum.
The only except was for 2023 where Barakah posted a 40% ROE. This seemed like a turnaround after the negative ROE of 177 % in 2022. https://i.postimg.cc/FzgHw3Jz/Barakah.png

But when I dug deeper, this positive 40% was because it had an after-tax loss of RM 4 million divided by a negative equity. It was a positive 40% due to arithmetic.
Moral of story – when numbers look funny, you better dig deeper

Posted by youarewelcome88 > 2023-12-13 21:43 | Report Abuse

Lelong as a scrap or what? What future holds for Barakah post-L101? Can anyone kindly enlighten the situation. Thanks

Posted by mike767879 > 2023-12-19 19:05 | Report Abuse

Need new projects to spike its price !

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Posted by AlexChiaWS > 1 month ago | Report Abuse

The QR announced was good.
Hopefully SC will convinced to extend regularisation plan submission date further.
While Kota Laksamana 101 is schedule to be auction in mid June (this month) , if there is a buyer it mean that Barakah can exit PN17.


https://www.xindemarinenews.com/m/view.php?aid=54520


When is arbitration result between Barakah and Enquest will come out?
Hopefully Enquest will have to pay full amount that court had decided.

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Posted by Robert Waters > 1 month ago | Report Abuse

Update on the efforts to sell the elephant.
Get info about the conditions of a white elephant barge ...

https://online.publuu.com/555600/1248833

Posted by warris > 1 month ago | Report Abuse

this boat koyak already...average 60%...if got buyer very lucky...

Posted by topkek > 3 weeks ago | Report Abuse

Up up up

Posted by bluebiznet > 3 weeks ago | Report Abuse

nampak mcm wayang pushing up for big fish to run. last chance to run before things go really really bad, sold all! dpt balik sikit better than kosong 0 nanti....

Posted by bluebiznet > 3 weeks ago | Report Abuse

since when i3vestor became a place flooded with those rubbish advertisement?

Posted by Kotaro > 3 weeks ago | Report Abuse

When is arbitration result between Barakah and Enquest will come out?
Hopefully Enquest will have to pay full amount that court had decided.

Posted by Robert Waters > 3 weeks ago | Report Abuse

There is no court case, only arbitration. And once this fails to reach an agreement, Enquest can drag it through the courts for years. Barakah will be long wound up by creditors before trial or appeal is set. Company may not survive for long enough to benefit from it.

Posted by Robert Waters > 2 weeks ago | Report Abuse

Looks like syndicate will finish the job on this counter soon. Big fish are still around here, but not biting any more. White Elephant Barge NOT sold. Deleum, Icon and Sapura Energy, similar counters are down. Only small fish still trying this one. But you can see the shark circling for more fish to come before feeding.
Today buy volume decreased from 9 to 3 million. Not a good sign.

Posted by bluebiznet > 1 week ago | Report Abuse

Agreed, Robert waters. run before it is too late, ive sold all at 4 sen, will soon become 0.035, 0.030, 0.025, 0.020...

Posted by Kotaro > 1 week ago | Report Abuse

Yes please run before it is too late, sell all you got until price drop to 2.5 sen at least

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Posted by Robert Waters > 3 days ago | Report Abuse

The attempt to lift the price today at 10 am has failed. Maybe the trader will try again in the afternoon. He bought about 60% of shares on offer and stopped. My guess is he expected sell orders to be canceled, but there is still 5 million available.