Posted by babayaga67 > 2024-08-19 14:34 | Report Abuse

tipu dosa zul

Posted by topkek > 2024-08-19 16:41 | Report Abuse

BBBB UUUU

Posted by zulmuiz > 2024-08-19 20:48 | Report Abuse

Esok hingga jumaaat mungkin harga bukan bawah 0.10 lagi...dan mungkin juga dibawah 0.050 sebab news belum keluar. So nasib lah siapa yg terkena...mgkn saya pun hehe

Posted by babayaga67 > 2024-08-20 10:51 | Report Abuse

yang limit up tu betul ke zul. ingatt tipu dosaa

Posted by zulmuiz > 2024-08-20 11:14 | Report Abuse

Rasa mcm trading halt very soon..stay alert

Posted by zulmuiz > 2024-08-20 11:54 | Report Abuse

Jika diikutkan syndicate boleh jatuhkan harga 0.65 n below..tapi tetap hold range harga ni...sebab masih collect trader yg contra dan takde holding power...sure ada sebab? Matter of time saja....sabar

Posted by topkek > 2024-08-29 21:23 | Report Abuse

Krik Krik..

Posted by Whiteevoque > 2024-08-30 00:08 | Report Abuse

Power QR barakah.

Posted by Rocky Mass > 2024-08-30 09:40 | Report Abuse

QR data... "Reversal provision accrued purchases amounting to RM70.223 million..." .

Posted by BestOne > 2024-08-30 09:56 | Report Abuse

Go go go…

Posted by Rocky Mass > 2024-08-30 10:09 | Report Abuse

Anyone can furnish more accurate data ?

The Reversal provision accrued purchases might not represent operational profit... it is crucial to distinguish accounting gained adjustment from operational profit..

Posted by BestOne > 2024-08-30 12:05 | Report Abuse

Note that it was Q4 result ending June, regardless.

Posted by Whiteevoque > 2024-08-30 14:49 | Report Abuse

Cantik. Target 15-20 short term

Posted by izoklse > 2024-08-30 15:59 | Report Abuse

wow powerful Qreport. With PN17 uplift soon.

Posted by Bull13 > 2024-09-03 10:57 | Report Abuse

Disposal of vessel...?

Posted by SNAS > 2024-09-03 12:46 | Report Abuse

will go back to 0.03 cents soon...run away as you can!!! 😱😱😱

Posted by Kotaro > 2024-09-06 16:07 | Report Abuse

Slowly collecting the tickets? Yesterday 7sen.. today 7.5sen.. smart moves to avoid panic buying/selling.. I think something good is coming.. so I will keep mine until the moment has come..

Posted by UnicornP > 2024-09-06 16:29 | Report Abuse

If 0.08 cleared, might have show

Posted by ubaid2020 > 2024-09-06 21:56 | Report Abuse

May be next week range 0.07-0.075 or 0.075-0.08

Posted by Whiteevoque > 2024-09-08 23:01 | Report Abuse

This week 8-9sen

Posted by zulmuiz > 2024-09-09 20:12 | Report Abuse

All targets is wrong....at last but not least 0.050-0.055....dangerous holding it might pullback to 0.030-0.035....hope not, let see another days..

Posted by zulmuiz > 2024-09-10 21:58 | Report Abuse

Hahaha dont worry tomorrow my prediction price will down another 0.005 - 0.010 or close at 0.040....until stabilise at 0.025 before it will be delisted from the bursa....

Posted by Kotaro > 2024-09-10 23:18 | Report Abuse

tipu dosa zul

Posted by newboys > 2024-09-11 10:32 | Report Abuse

before this Zul said no more below 0.70 now change . hahaha

Posted by Firefighter > 2024-09-11 11:31 | Report Abuse

Buyback at 0.005

Posted by zulmuiz > 2024-09-11 12:33 | Report Abuse

Saya pun kena scam dgn counter PN17 ni...Penipu Niaga 17....tak berakah atau tak berak kah?...

Posted by zulmuiz > 2024-09-13 12:25 | Report Abuse

Advice to reduce ur holding or sell before they press then hold to 0.025 - 0.030 in few months by the Person u know collaboration with dealer before playing same game in order creating profit for quarterly own expenses as usual...do ur own research and homework on past movement !!

Posted by zulmuiz > 2024-09-13 21:08 | Report Abuse

There is no issue out from PN17 only in dream can happen. Infact if something wrong somewhere....delisted... only surviving and opportunity to get something in the trading. If u jump in thats ur luck winning but remember they can trap u in their net as usual as before...paring along with some positive news.

Posted by AlexChiaWS > 2024-09-15 12:42 | Report Abuse

Looks like a serious buyer for Kota Laksamana had emerged.

https://www.klsescreener.com/v2/news/view/1392307

Posted by Kotaro > 2024-09-15 16:29 | Report Abuse

“From what we know, the negotiations are ongoing and Barakah Offshore is actively working towards a deal.”

The company did not respond to the above news.

Posted by Kotaro > 2024-09-21 11:37 | Report Abuse

He already bought it.. 18/09/2024.. 66,862,800 at 0.035 = RM2,340,198.00

Posted by AlexChiaWS > 2 months ago | Report Abuse

Now that we know Baxtech is the one who ceased the 67 million shares at lower than market price. Thanks Mr Kotaro.
Do the company have intention to keep their shares in public market? They should be able to submit their regulation plan if they really want to.

Posted by Kotaro > 2 months ago | Report Abuse

You're welcome Mr. AlexChiaWS.. selling the barge, lessen the short-term borrowings of RM51.91 million, formulating the regularisation plan + order book for secured contracts for the next 3 to 5 years + good QRs.. maybe will uplift the PN17 status

Posted by bullrun168 > 2 months ago | Report Abuse

Walaoeh, oil price spike up like mad !
Brent closed at=> $80.93 +2.88 +3.69 %
Heng ah, Ong ah, Huat ah !

Posted by mf > 2 months ago | Report Abuse

Crude Oil WTI
Nov 24 71.22 72.12 70.75 -2.61 -3.54%
02:57:51
Copper
Dec 24 4.3505 4.4115 4.3432 -0.0532 -1.21%
02:57:49
Brent Oil
Dec 24 74.75 75.70 74.25 -2.71 -3.50%

Posted by AlexChiaWS > 1 month ago | Report Abuse

It is SOLD at Usd9.7M.
Barakah top up another Usd1.4M for settlement with Exim Bank.

Tomorrow submit regularisation plan.

Then exit PN17.

When Enquest pay, it will be net profit to company.

Posted by topkek > 1 month ago | Report Abuse

To the moon

Posted by BigWhiteSand > 1 month ago | Report Abuse

If sold or confirm sold?

Posted by Rocky Mass > 1 month ago | Report Abuse

Fuhh.. sell on news...

Posted by Firefighter > 1 month ago | Report Abuse

Oil price is heating up on US election day!

Posted by AlexChiaWS > 1 month ago | Report Abuse

The boss always want cheap shares.
He want to buy 62.5M unit for Rm 7.5M (after consolidate). That mean around 0.035 per share at current situation.
While Esos, is being estimated to be at 0.040 of current.

I understand to reward the employee (this is good) and company require more capital to expand.
Why not, RI for chance to all share holder to subscribe. If not fully subscribe, than boss can wallop the remaining portion.

Posted by mf > 1 month ago | Report Abuse

Dow Jones

Dow Jones Industrial Average

41,763.46

-378.08

0.89%

Nasdaq

NASDAQ Composite

18,095.15

-512.78

2.75%

Posted by AlexChiaWS > 3 weeks ago | Report Abuse

What is this?
Even received Rm76M, market valuation is 0.045/pcs? What kind of anticipation does the market is having?

Posted by Robert Waters > 3 weeks ago | Report Abuse

This company bought a white elephant barge for MYR 350 mln. Then 10 years later after upkeep in millions they sold it for 50 million. Loss in excess of 300 mln. I think that 70 mln does NOT cover it at all.

Posted by Kotaro > 3 weeks ago | Report Abuse

The difference between the Disposal Consideration of USD9.70 million and last instalment to EXIM Bank of USD11.06 million amounts to USD1.36 million (equivalent to approximately
RM5.86 million). For information, the Company’s cash and cash equivalents stood at RM54.56 million based on the audited consolidated statement of financial position of Barakah as at 30 June 2024 and the Company’s cash and cash equivalents will increase to RM133.38 million should the Group receive the RM78.82 million Adjudication Sum.

Posted by Flyinghorse > 3 weeks ago | Report Abuse

1QR nett loss rm 8.323m

Posted by AlexChiaWS > 3 weeks ago | Report Abuse

Bad decision happens doesnt it @Robert?
Same as last few years when there was company wanted to buy that barge at USD20M but Barakah decided to refuse.
End of result, the sale is realised and the lender agreed with the settlement proposed.

Those bad decision supposedly already priced in when the valuation of it share price went down from 0.800.
Now, the company valuation is at Rm55M. It receipt Rm76M which is suppose to bring positive to its value.

I am just wondering why the market is reacting otherwise...

Posted by Robert Waters > 3 weeks ago | Report Abuse

In my opinion the market reacts without enthusiasm due to the record of the company. Yes, they were able to succeed in courts and arbitration by harrassing own clients. Yet they are unable to secure contract and execute them profitably. Unless they have more client to sue, future does not look bright.

Posted by AlexChiaWS > 3 weeks ago | Report Abuse

We will see "updates on the contracts being tendered" as per quoted inside announcement previously.

Posted by Robert Waters > 2 weeks ago | Report Abuse

Yes, many new contracts now are being issued by Petronas for the MCM services (30BLN). Sapura, a PN17 company won a big reward (5BLN estimate, but not guaranteed as call outs needed for orders). Hope that Barakah gets some too. So far, 3 weeks later, there is nothing. But related to this, earnings just announced by Barakah are nothing short of disasterous. Profit turned into a loss of MYR 8 mln. This amount, not exactly a spare change for Barakah that needs to pay off debts instead of going deeper into red.. Just not enough work they say. Focused too much on litigation ? Without new contracts there will be no clients to sue. for Barakah, and their model to go after parters in courts may not be sustainable.