Posted by 劉尹光 > 2019-04-19 11:46 | Report Abuse

dropping,... ala ... huge loss..

Posted by afifi > 2019-04-19 11:57 | Report Abuse

change ceo bursa
not improve

Posted by Wong Kahcheng > 2019-04-19 12:44 | Report Abuse

can we say that someone is accumulating？this few days...

Posted by Davidyeap > 2019-04-19 13:19 | Report Abuse

三林集团，以美里为基地，
是砂劳越的一个未上市但财力雄厚的集团，
三林通过UNITED POWER在2017年购入
BARAKAH的11.91%股份。

砂州已经成立了PETROS （砂油），
以后砂州境内的油气工程，
主要由它和国油协商和分配。
三林在PAN BORNEO独得一个配套。
实力可想而知。

另外，BARAKAH通过它的子公司和
Brooke Dockyard跟三林签署一项联营合约，
一起竞标砂州的油气工程。
Brooke Dockyard 是砂州政府持股公司，
目前有很多油气平台工程在进行中。
综合来看，这三家公司的合作，
有了资金，有了经验，有了网络，
理应会分得一杯羹。

就像T7Global 有重要人士进驻，
UMWOG后面由PNB支撑，
BARAKAH相信会由PETROS支撑。
油气中上游虽然未明显回春，
但是大家都在努力部署了。

Posted by bigfund > 2019-04-19 15:37 | Report Abuse

Stay tune

Posted by Flyinghorse > 2019-04-19 17:03 | Report Abuse

Yup yup stay tune

Posted by Pisex > 2019-04-20 11:14 | Report Abuse

“BEWARE: BURSA MALAYSIA SCAM ALERT! YOU ARE BEING SCAMMED!

Ever wondered why the counter that you’ve invested your hard-earned money in, can NEVER MOVE, come hell or high water?

The reason is simple. It is under the control of a bottom-feeding shark cartel. They cleverly place half a million to one million Ringgit in a fake buyers queue to entice buyers to buy. In Talam’s case, they put a fake buyer’s’ queue of 650k lots to buy at 0.04 cents. That block of 650k lots equals 65M shares amounting to RM2.6M! That block is too big for the ordinary investor to buy up and they know it and that, in a nutshell, is their modus operandi. That’s the reason why the shares won’t move for as long as they have control.

They are actually ikan-billis sharks. They target lower priced or penny stocks and cos in distress for they know that the owners are as hapless as the rest of us. Their modus operandi is what I would call a straddle-control scam and it works as follows. They pool together a relatively small sum of, say, Rm7M. They proceed to buy up penny stocks or distressed co shares all the way from the bottom to the relative top (won’t be very high as the co is in distress). Then they place RM1M to RM2.6M worth of buy orders at the bottom price (called the bottom fake queue)

In PHB’s case, they place a fake buyer’s queue to buy at 0.020. That block of 483,430 lots equals roughly 50 million shares (probably the original fake queue) amounting to RM1M! With Netx, they put a fake buyer’s’ queue of 1.08M lots to buy at 0.01 cents. That block of 1.08M lots equals 108M shares amounting to RM1.08M! In TDM’s case, they hide themselves in the second tier queueing to buy at 0.17. That block of 37,518 lots equals 3.7518M shares amounting to RM1/2M! In Daya‘s case, they create a fake buyer’s queue of 2.38M lots to buy at 0.005 cents. That block of 2.38M lots equals 238M shares amounting to RM1.19M! In Sumatec’s case they place a huge buy order of 3.5M lots at 0.005 cents. That works out to 350M shares amounting to RM1.75M!

These ikan-billis sharks are actually bottom feeders. Normally in a free and honest market, with such a massive buy order, it’s inevitable that the sell (ask) order would be executed/taken by someone. But these scammers ensure that they do not. These bottom feeder sharks will ensure that the price of the stock will NEVER rise and they’re happy to make as little as half cent per share. Multiply that half cent with the billions of shares issued by these penny stocks plus the number of daily transactions over the years and these scammers have reaped hundreds of millions and perhaps, billions, from poor investors! Notice that their buy order of 1M lots remain static, come hell or high water. If genuine buyers chase the stock higher, they’re happy to sell at the higher price. They then send their agents to these forums to sow fear, create doubt and generally to talk down the stock. You see, all the Calvin-bashing is really aimed at making the stock fall in price for that’s part of their M.O. Next, they gently let the price fall towards the level of their bottom fake queue so that first, the contra players are forced to sell at that bottom price and later the long holders who eventually give up as the price keeps falling despite the millions of buy orders (the bottom fake queue)!

Their objective is to create a situation where they frustrate the hell out of buyers until these buyers sell to them eventually at that bottom price and they’ve profited from the price difference as the seller (previously buyer) bought it from them at a higher price (Talam recently went up to 0.055c) plus they get to buy back the stock at the rock bottom price that these sharks have parked their fake queues!

Angry? Here’s what you can do. First, don’t EVER sell your shares and help the scammers succeed with their scam. They are going to jail and the counter will finally be subject to free market forces! It’s like taking antibiotics to get rid of the bad bacteria in your system. It’s necessary and will eventually lead to complete healing. So DON’T DUMP your shares and help the scammers, coz that’s what they want! All the other counters mentioned above stopped bleeding and the panic selling stopped by the afternoon session. So stay calm and do not panic, k?

Those of you with contacts in the mass media or Politicians or have saudara in the Police force especially in the Commercial Crimes Division of PDRM or MACC or Bursa Malaysia or the Companies Commission of Malaysia, please contact them and lodge a complaint/report with them.

Whatever the case, those of you who’ve been hurt by the actions of these sharks can file a complaint with ALL of the above agencies. Include the Usernames of those who are obviously agents of these scammers who come to these forums to talk down the stock and help the syndicate/scammers drive down the prices!

Posted by Pisex > 2019-04-20 11:15 | Report Abuse

Share your thought please.. Seems like we were the victim now. If we were then I hope they all burnt in hell..

Posted by Megan88 > 2019-04-20 12:44 | Report Abuse

who would want to invest in a debt ridden company and on the verge of administration?

Samling would have come in and took over if they have the interest to do so last year when the price sinked to 0.04/0.05.. right issue is the only way out just like sapura... moreover, most of the contract won last year mainly on maintenance scope (contract value depending on actual works carried out)..

I would rather award new contract to a slightly expensive contractor rather than a cheaper but financially troubled with the risk of going into administration..

I managed to sold some at 0.105 couple weeks ago and still have 200k lot left.. next week will clear out once and for all.. good luck guys..

Posted by Flyinghorse > 2019-04-20 13:18 | Report Abuse

No worries. Believe Barakah will have a shinning white knight to its rescue. Wait monday for good show

Posted by Azhar1990 > 2019-04-20 15:11 | Report Abuse

Megan88 nick trick. Let them do the work.

Posted by Pisex > 2019-04-20 15:46 | Report Abuse

In my opinion Barakah should have been flying way sooner but there is always huge q of sellers and buyers in the past few months. Its ridiculous compared to other energy companies. Someone with authority please check whether this unethical behaviour is happening in this counter,, It feels like this manipulation pumps and dumps keep happening. We ikan bilis can only see.. Spread it the out pleaseee

Posted by Nikmon > 2019-04-20 18:04 | Report Abuse

Game over, 三林 selling like no tomorrow...

Posted by Megan88 > 2019-04-20 18:49 | Report Abuse

Exactly.. even samling (2nd largest shareholder) is selling a few million after a few million shares.. beware guys..

Posted by Scalp3r > 2019-04-20 18:53 | Report Abuse

https://www.thestar.com.my/business/business-news/2019/04/20/nik-hamdan-reduces-stake-in-barakah-offshore/

Posted by Scalp3r > 2019-04-20 18:53 | Report Abuse

Runn huhu

Posted by Nikmon > 2019-04-20 19:17 | Report Abuse

Monday should be limit down, samling is the only hope all this while, if even they disposing with loses, no doubt they are abandon ship and move on

Posted by whoo > 2019-04-20 22:31 | Report Abuse

Suddenly so many ppl pray for it to be down

Posted by Flyinghorse > 2019-04-21 08:38 | Report Abuse

Barakah will go up on monday. Good show coming

Posted by Megan88 > 2019-04-21 09:28 | Report Abuse

From announcement through bursa packcity/magnadrive, yaw teck seng/yaw holdings..

Posted by analiser > 2019-04-21 21:21 | Report Abuse

if it going down only 10cent and it become 1cent. a big room on top side it will going up why you all afraid?

Posted by analiser > 2019-04-21 21:21 | Report Abuse

be a long term invester

Posted by calvintaneng > 2019-04-22 08:05 | Report Abuse

Barakah pilot parachuting and escaping from a nose diving plane!!

Get out now. Sell all and leave quick!!!

Barakah?

Bar as in bar or prevent

Aka = also known as

H = hell

THE deeper meaning is

Bar = those who don't escape early will be barred(trapped)

Aka (trapped in a place of agony)

H = it will be like hell or nightmare

Get out to safety now and don't get barred!!

Posted by sham2020 > 2019-04-22 09:29 | Report Abuse

i'm wondering why did u say so calvin ? base on what ?

Posted by Megan88 > 2019-04-22 09:59 | Report Abuse

Annalise: long term? As in 3 years? 5 years? Wouldn't it be better to put your money elsewhere rather than stuck at this counter?

Posted by bigfund > 2019-04-22 10:39 | Report Abuse

If follow the main trend. 4cent may be lowest that cannot get it anymore It will move up slowly. Be patient.maybe next ottom is 6c

Posted by BigPro > 2019-04-22 10:45 | Report Abuse

Brent crude oil up more than 2% to USD 73.5...

Posted by Pisex > 2019-04-22 11:14 | Report Abuse

Untill Nik Hamdan wont settle it will be a long long way up.. with that money u can already benefit alot from other counters.. just my 2 cents

Posted by Chun Loke Low > 2019-04-22 15:36 | Report Abuse

281K Volume , 75% B.. relax

Posted by bigfund > 2019-04-22 16:23 | Report Abuse

Ya people throw away.

Posted by calvintaneng > 2019-04-22 16:26 | Report Abuse

Posted by sham2020 > Apr 22, 2019 9:29 AM | Report Abuse

i'm wondering why did u say so calvin ? base on what ?


BASED ON THIS

BARAKAH GOING BANKRUPT SOON

CALL TO THEIR KL OFFICE GOT NO ANSWER

CALL AGAIN SAY OFFICER NOT IN

THIS WAS WHAT HAPPENED TO NAMFATT

CALLED BUT GAVE EVASIVE ANSWERS

NAMFATT LATER GONE BANKRUPT

WILL BARAKAH GO BANKRUPT?

Posted by Flyinghorse > 2019-04-22 17:14 | Report Abuse

Tomorrow hope Barakah will move upwards......huat ah!!!

Posted by bigfund > 2019-04-22 17:18 | Report Abuse

Buy buy. Now tycoon accumulate at this level

Posted by bigfund > 2019-04-22 17:19 | Report Abuse

Including me ha ha ha

Posted by zakryfaa > 2019-04-22 18:25 | Report Abuse

based on today announcement, something fishy. Is big guy about to buy in?

Posted by Ron90 > 2019-04-22 18:46 | Report Abuse

habis la..no more restraining order ..point of no return..this company confirm going for bankrupt pathway. creditor will take over the management and start process to recover their money.

Posted by Ron90 > 2019-04-22 18:47 | Report Abuse

Barakah = Sumatec

Posted by Flyinghorse > 2019-04-22 19:39 | Report Abuse

No worries. Barakah will survive. Will uptrend

Posted by VICin13 > 2019-04-22 20:50 | Report Abuse

Still trading above 100 DMA ... And a possible inverted H&S forming ... SL around 0.07-0.08 with TP around 0.115-0.120 ... Maybe one last puff . Hit and run

Posted by SuperPanda > 2019-04-22 20:59 | Report Abuse

buy for the oil price sentiment, brent can hit usd80 again for sure

Posted by SuperPanda > 2019-04-22 20:59 | Report Abuse

do tke note one of the major shareholder now is sarawak tycoon

Posted by whoo > 2019-04-22 21:22 | Report Abuse

Who absorbed all the shares? Ikan bilis? If this company will wind up soon who so stupid absorbed the shares in that quantity?

Posted by whoo > 2019-04-22 21:23 | Report Abuse

This few days not yet declared who absorbed all the shares thrown out... Shall be good news soon.

Posted by Flyinghorse > 2019-04-22 21:32 | Report Abuse

Stay tuned

Posted by SuperPanda > 2019-04-22 22:56 | Report Abuse

buying a high debt stock only can go 2 ways, win big or lose big..

Posted by SuperPanda > 2019-04-22 22:58 | Report Abuse

if cannot take the risk, buy something else

Posted by T800Terminator > 2019-04-22 23:03 | Report Abuse

But can take risk doesn’t mean need to buy this stock. Safer bet 5c.

Posted by SuperPanda > 2019-04-23 04:31 | Report Abuse

if wanna bet 5c then, then have to wait until PN17 announce or when oil below 50 again

bought 9c for 1-2c profit and cl if drop below 8

Posted by Flyinghorse > 2019-04-23 06:36 | Report Abuse

No need to guess. Wait for good show today

Posted by avatarsnipe > 2019-04-23 08:01 | Report Abuse

Flyinghorse, you saying that for about a month already.