Posted by toffeemoose > 2018-10-17 09:13 | Report Abuse

there is some support at .11...saw the fake queues in the pre-open morning which is a signal for me to exit

Posted by toffeemoose > 2018-10-17 09:22 | Report Abuse

somebody trying to defend at 0.11

Posted by toffeemoose > 2018-10-17 09:41 | Report Abuse

yeah...its time to look and see...if the oil sector is on uptrend...there is still some hope in the future for this counter...

went into hibiscus, reach and now...gatal2 looking to make a quick profit here...until the suspension yesterday makes me nervous

Posted by saburo11 > 2018-10-17 09:45 | Report Abuse

OMG..NOT BARAKAH AT ALL..LOSERS AVERAGE LOSERS GUYS..THINK DEEPLY BEFORE AVERAGING..CHEERS..

Posted by sheryn74 > 2018-10-17 09:46 | Report Abuse

I will say sayonara to this counter. Right Issue will imposed anytime. I run first.

Posted by ColaBear > 2018-10-17 10:00 | Report Abuse

heading to holand liao...

Posted by Sniper S > 2018-10-17 10:05 | Report Abuse

Why do we have so many dumbassss managing oil & gas companies?

Posted by bulldog > 2018-10-17 10:05 | Report Abuse

Heading to 5

Posted by Tigerchan > 2018-10-17 10:07 | Report Abuse

PN 17 kambing

Posted by toffeemoose > 2018-10-17 10:11 | Report Abuse

dun think it will go pn17...they did clinched some contracts...and if they do go into pn17 at kinda of global oil price...then they are indeed mega-dumbass

Posted by Sniper S > 2018-10-17 10:21 | Report Abuse

Looks like this bunch of idiots are planning to fail. No legal proceeding taken yet but they apply for restraining order, suspend trading some more...super brilliant moves! Let's get out from this counter.

Posted by Bull13 > 2018-10-17 10:31 | Report Abuse

Coming be like Perisai, Daya or Sumatec

Posted by Notconfused > 2018-10-17 10:35 | Report Abuse

well done barakah

Posted by Sebastian Sted Power > 2018-10-17 10:37 | Report Abuse

bankrupty?

Posted by Sniper S > 2018-10-17 10:39 | Report Abuse

Don't worry, they are planning towards that direction.

============================
Sebastian Sted Power bankrupty?

Posted by paulthesotong > 2018-10-17 10:44 | Report Abuse

Now living in borrow time.. bad biz model..high gearing.

Posted by Megan88 > 2018-10-17 10:59 | Report Abuse

Don't think samling group would let barakah go into bankruptcy.. after all they have more than 10% share.. still believe they could turn this around but not in the short term.. perhaps 2-3 years if oil price is continuing uptrend

Posted by Megan88 > 2018-10-17 11:04 | Report Abuse

They just increased their stake last year at estimated 0.60 per share.. do you really think that you are smarter than these multi millionaire?

Posted by Sniper S > 2018-10-17 11:14 | Report Abuse

Money is not a benchmark for the level of intelligence. However the rich certainly have the resources to make you think that they are smarter that you.

Posted by Megan88 > 2018-10-17 11:20 | Report Abuse

Just my own thoughts.. Anyway, im holding on to it.. at least I wouldn't lose any sleep at the current price..

Posted by BursaGolfer > 2018-10-17 11:29 | Report Abuse

better dont touch... i dont wan to go OFF shore...haha

Posted by speakup > 2018-10-17 11:54 | Report Abuse

i smell pn17 coming

Posted by Tigerchan > 2018-10-17 12:20 | Report Abuse

Sure kambing, i got caught like perisai. Lost 50k, it is better 2 sell all at .105 than fell sorry later.

Posted by sheryn74 > 2018-10-17 13:17 | Report Abuse

Ya i also kena from Sapura. Loss 30k in a mth time. All oil counters has very high debts. Scary!

Posted by Moon0108 > 2018-10-17 14:22 | Report Abuse

Will be delete soon

Posted by bulldog > 2018-10-17 14:40 | Report Abuse

Will take it private soon

Posted by deadchicken > 2018-10-17 15:09 | Report Abuse

privatization soon....stay tune.....

Posted by surewin111 > 2018-10-17 15:14 | Report Abuse

short and long terms loan RM200m, cash RM18m, losing RM165m. Applying for injuction. Better RUN, Better RUN now..... no joke.

Posted by bulldog > 2018-10-17 15:20 | Report Abuse

Game start after 4pm

Posted by Megan88 > 2018-10-17 16:03 | Report Abuse

Surewin111 what about fixed deposit 90++mil?? Don't be an idiot

Posted by xxxx > 2018-10-17 16:51 | Report Abuse

Yes, don't be an idiot.

Posted by Sniper S > 2018-10-17 17:11 | Report Abuse

Megan88 i hope i can enlighten you a bit. The FDs are pledged against the loans and Barakah won't be able to use them even if they wanted to. When time comes the bank will claim the FDs against the loans. So you have to disregard the FD and Barakah will fall into a deficit position which means they won't be able to cover their opex and at the same time service their short term loans. That is why they know they are in deep shit and need to renegotiate terms with creditors and applied for restraining order. At the same time their contracts fall shorts of breaking even, so it doesn't look good at all.

Posted by speakup > 2018-10-17 17:16 | Report Abuse

reminds me of Daya

Posted by Sniper S > 2018-10-17 17:33 | Report Abuse

tomorrow another round of blood bath for sure...

Posted by moneypedia > 2018-10-17 17:38 | Report Abuse

well well wellllll

Posted by Megan88 > 2018-10-17 17:46 | Report Abuse

I understand the FD is pledged to banks and agree 100% they (or rather we as an investor) are in deep shit.. my point is that not as if they will go bankrupt any time soon.. they should still be able to operate unless there are more cover up that we didn't already know in terms of their financial situation..

Posted by Sniper S > 2018-10-17 17:56 | Report Abuse

or perhaps a really really smart billionaire will save them.

Posted by Megan88 > 2018-10-17 18:09 | Report Abuse

I suppose everyone is entitled to their own opinion and action.. buy/hold/sell.. I'm not trying to influence anyone decision.. just sharing my thoughts.. good luck

Posted by bulldog > 2018-10-17 18:21 | Report Abuse

Target buy at 0.05

Posted by ramada > 2018-10-18 05:56 | Report Abuse

Same case with Perisai.

Posted by surewin111 > 2018-10-18 09:46 | Report Abuse

Winding Up/ Receiver......No Joke. JUST RUN. RUN..

Posted by Nafster > 2018-10-18 10:15 | Report Abuse

30m Q buyers coming..but only 14% buy rate

Posted by persie > 2018-10-18 11:09 | Report Abuse

Historical chart showed that the price once reached 0.085 and went up till 0.225. Does this phenomena will repeat again ?

Posted by ahmadsolih90 > 2018-10-18 11:20 | Report Abuse

anything can happen...

Posted by xxxx > 2018-10-18 11:33 | Report Abuse

52-week low-high price is 8.5-44.5, therefore price is at/near 52-week low. Barakah is at a buyable level. My gut feeling is that the only way the price will go is UP, so brave yourselves up. Jump in when others are scared.

Posted by bonds56 > 2018-10-18 13:08 | Report Abuse

Already jump in

Posted by xxxx > 2018-10-18 14:46 | Report Abuse

RI - speculation or fact?

Posted by persie > 2018-10-18 15:14 | Report Abuse

There is no Right Issue proposed.

Posted by Sniper S > 2018-10-18 15:28 | Report Abuse

All the best in this shit hole. I managed to leave this morning.

Posted by xxxx > 2018-10-18 15:42 | Report Abuse

Goodbye,then, Sniper.