BARAKAH OFFSHORE PETROLEUM BHD

KLSE (MYR): BARAKAH (7251)

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Last Price

0.055

Today's Change

+0.005 (10.00%)

Day's Change

0.05 - 0.055

Trading Volume

14,058,400


20 people like this.

16,346 comment(s). Last comment by Kotaro 1 week ago

boldrun88

528 posts

Posted by boldrun88 > 2019-01-04 09:40 | Report Abuse

wow...

Posted by OSEResearch > 2019-01-04 09:40 |

Post removed.Why?

bonds56

313 posts

Posted by bonds56 > 2019-01-04 11:18 | Report Abuse

https://www.google.com/amp/s/www.chinapress.com.my/20181012/获颁5年合约-巴勒卡股价走高/amp/

Megan88

360 posts

Posted by Megan88 > 2019-01-04 13:25 | Report Abuse

Pls stop sharing old news..

Moneymore

532 posts

Posted by Moneymore > 2019-01-06 00:23 | Report Abuse

Soon will back up to 0.12, after Samling bought enough!

Posted by mmoneysifu > 2019-01-07 10:58 | Report Abuse

Waiting news out

Megan88

360 posts

Posted by Megan88 > 2019-01-07 11:10 | Report Abuse

Target price, anyone?

Jmz88

126 posts

Posted by Jmz88 > 2019-01-07 11:15 | Report Abuse

@mmoneysifu Where'd you hear about this from?

whizzkid

1,336 posts

Posted by whizzkid > 2019-01-07 12:54 | Report Abuse

amoy byk k*ngk*k ini hari

tai yee

697 posts

Posted by tai yee > 2019-01-07 16:27 | Report Abuse

0.065 COMING...

Posted by crystalball > 2019-01-07 16:27 |

Post removed.Why?

Megan88

360 posts

Posted by Megan88 > 2019-01-07 16:41 | Report Abuse

@mmoneysifu delete post? Wakaka..

Posted by sweetylemon > 2019-01-08 08:54 |

Post removed.Why?

BigPro

688 posts

Posted by BigPro > 2019-01-08 12:24 | Report Abuse

Please don't share old news

Megan88

360 posts

Posted by Megan88 > 2019-01-08 13:19 | Report Abuse

No buying power today..

Megan88

360 posts

Posted by Megan88 > 2019-01-09 09:09 | Report Abuse

Expecting announcement today? Court order expiring today..

Posted by more_n_more > 2019-01-10 16:55 | Report Abuse

no announcement = silent2 = good2

just worry bad announcement out soon, run......

Megan88

360 posts

Posted by Megan88 > 2019-01-10 17:09 | Report Abuse

Still waiting announcement white knight to save barakah

Posted by DreamConqueror > 2019-01-10 18:29 | Report Abuse

So cheap ah

bonds56

313 posts

Posted by bonds56 > 2019-01-11 15:22 | Report Abuse

7.5 cents now. Still cheap to invest

Posted by DreamConqueror > 2019-01-11 17:08 | Report Abuse

Uh huh. 7.69% up. Cool.

Megan88

360 posts

Posted by Megan88 > 2019-01-12 18:19 | Report Abuse

Yea.. Will consider to buy some average my cost and keep.. it would take maybe a year or two for o&g sector to boom again..

bonds56

313 posts

Posted by bonds56 > 2019-01-13 07:33 | Report Abuse

Yes, I will buy some TOO to average my cost.

Megan88

360 posts

Posted by Megan88 > 2019-01-14 16:42 | Report Abuse

Feel sorry for those who bought perisai shares.. hopefully we are not the next.. lol

KAQ4468

21,497 posts

Posted by KAQ4468 > 2019-01-14 16:55 | Report Abuse

tak lama lagi join Perisai ler ni


kikikiki

MyInvest

496 posts

Posted by MyInvest > 2019-01-15 12:44 | Report Abuse

I feel Barakah shud be ok this time till next elections. :). Can not compare with Perisai or Sumatech.

Megan88

360 posts

Posted by Megan88 > 2019-01-15 15:08 | Report Abuse

Feel worried.. not winning enough project to generate profit is a concern for barakah

Posted by lilbirdy > 2019-01-15 23:40 | Report Abuse

kan nee na court rejected the restructuring proposal. Shit hits the fence tomorrow all the creditors confirm lai liao. wasted only my time on this. see la 2moro

persie

1,412 posts

Posted by persie > 2019-01-16 13:20 | Report Abuse

Restraining order of default payment ended on Jan 14. Now time for creditors to collect their money from Barakah or they will sue in court. Otherwise PN17 will be affected.

Posted by DreamConqueror > 2019-01-16 15:10 | Report Abuse

Ah. Lagi tulun gah. Haiiyyaahhhh.

Posted by more_n_more > 2019-01-16 15:26 | Report Abuse

PN 17 soooon

Barakah, no hope!!!!!!!!!!!!!!

same same Perisai

lcwin

326 posts

Posted by lcwin > 2019-01-16 20:09 |

Post removed.Why?

Posted by DreamConqueror > 2019-01-17 02:17 | Report Abuse

BoA Merril Lynch keep US$70 average forecast for Brent in 2019

https://oilprice.com/Energy/Crude-Oil/Oil-Markets-Could-See-Deficit-In-2019.html

Mie3030

3 posts

Posted by Mie3030 > 2019-01-17 07:30 | Report Abuse

KUALA LUMPUR (Jan 16): Barakah Offshore Petroleum Bhd’s unit has won a five-year contract to service Petrofac (Malaysia-PM304) Ltd’s oil and gas fields offshore peninsular Malaysia.

In an exchange filing today, the group said the contract, awarded to its wholly-owned subsidiary PBJV Group Sdn Bhd for the years 2018 to 2023, includes Pan Malaysian maintenance, construction and modification works for structures and facilities for the client’s oil and gas fields.

The contract's total value is not fixed and will depend on the actual scope based on work orders to be issued by the client from time to time throughout the contract duration, which is effective for five years from July 17, 2018.

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Barakah expects the contract to contribute positively to its earnings and net assets during the period.

Yesterday, the debt-laden company announced it was still negotiating an amicable debt settlement proposal with its lenders and creditors.

That statement came after Kuala Lumpur High Court's order to restraint any proceedings and actions by the lenders against Barakah and PBJV expired on Monday. The restraining order was obtained on Oct 12 last year.

Shares in the Main Market-listed group slid half a sen lower to close at 5.5 sen today, giving the oil and gas service provider a market capitalisation of RM45.97 million.

victory015

341 posts

Posted by victory015 > 2019-01-17 10:36 | Report Abuse

barakah keep moving up. I bought at 0.055

victory015

341 posts

Posted by victory015 > 2019-01-17 10:46 | Report Abuse

let everyone buy barakah and make it fly higher

MyInvest

496 posts

Posted by MyInvest > 2019-01-17 11:04 | Report Abuse

I told on 15th. This counter should be ok. Not worst like Perisai or Sumatec. :))
I feel can buy more as it is very low price..

Megan88

360 posts

Posted by Megan88 > 2019-01-17 11:15 | Report Abuse

Too much selling at 0.065.. it almost feels like someone trying to push down the price

persie

1,412 posts

Posted by persie > 2019-01-17 12:52 | Report Abuse

Hello everybody here, last 5 days shares of Barakah went up from 4c to 8c. Why ? Many know the rumours of getting contract. Yesterday news out and they BUY ON RUMOURS AND SELL ON NEWS. Retailers always losers.

victory015

341 posts

Posted by victory015 > 2019-01-17 13:37 | Report Abuse

let everyone buy, price up, and i will sell at 0.08

victory015

341 posts

Posted by victory015 > 2019-01-17 14:31 | Report Abuse

i will profit from it

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