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

Posted by Chunkit Yip > 2019-05-19 07:50 | Report Abuse

新ceo也有提到,希望Q4能转亏为赢。
所有觉得barakah会去荷兰的人,我想问你们一个问题,如果公司正的不行了,你是公司股东是不是会多拖一阵,尽量把手上股票卖掉。

Posted by Chunkit Yip > 2019-05-19 07:56 | Report Abuse

个人关点,白武士也是真金白银拿出来,所以也希望快点获得回酬。所以他只给barakah半年时间。
星期二跌剩5分
然后白武士出来起
债权人通过起
国外合约期
Q4盈利起
符合脱离pn大起

wendyuong

2,126 posts

Posted by wendyuong > 2019-05-19 12:03 | Report Abuse

For me I will sell re-enter...

wendyuong

2,126 posts

Posted by wendyuong > 2019-05-19 12:05 | Report Abuse

Let’s see what’s market react on Tuesday first. Than we can decide again...

wendyuong

2,126 posts

Posted by wendyuong > 2019-05-19 12:17 | Report Abuse

TH heavy oil and gas companies drop pit 0.3The company also PN17. Now up to rm0.6

Nikmon

3,010 posts

Posted by Nikmon > 2019-05-19 12:39 | Report Abuse

Limit down tuesday

Posted by Chun Loke Low > 2019-05-19 16:45 | Report Abuse

I agree with @taloha, if falls a little then good to sell n buy back but if down too much then average is better choice.

Wuzy

1,579 posts

Posted by Wuzy > 2019-05-19 18:17 | Report Abuse

我会等管理层宣布白武士的身份才决定买不买,管理层有必要玩到酱神秘吗?

Chan Cy

318 posts

Posted by Chan Cy > 2019-05-19 19:08 | Report Abuse

之前不是说了是CNOOC?不过官方还没确认!

wendyuong

2,126 posts

Posted by wendyuong > 2019-05-19 21:48 | Report Abuse

Ok! Tuesday I still keep my stock still. Wait until next month... see anything happening?

Wuzy

1,579 posts

Posted by Wuzy > 2019-05-19 22:03 | Report Abuse

If you decide to keep, better keep till restructuring done, management said need 6 months time settle. So if you believe management story, you should keep else.....

Mabel

23,978 posts

Posted by Mabel > 2019-05-19 22:58 | Report Abuse

@ Chunkit Yip 只要白武士公布,脱离pn只是时间问题。因为他们已经有白武士,所以脱离pn的时间会短很多。不像其他pn 公司,pn了才开始找,不知道几时找到。barakah有几亿合约,但是亏钱吧了。

Thank you CY! Here;'s the translation for the rest of the team..

As long as the White Warrior announced, it is only a matter of time before leaving the pn. Because they already have white warriors, the time to get out of pn will be much shorter. Unlike other pn companies, pn started to look for it, I don’t know when to find it. Barakah has hundreds of millions of contracts, but it’s a loss.

Mabel

23,978 posts

Posted by Mabel > 2019-05-19 22:59 | Report Abuse

@Chunkit Yip 如果有其它新合约,就算现在的白武士放弃,也会有其他白武士出现...他们肯出国外发展就代表他们在正事他们现在的问题..

If there are other new contracts, even if the white warriors give up now, there will be other white warriors appearing... they will go abroad to represent them in the matter of their current affairs..

Mabel

23,978 posts

Posted by Mabel > 2019-05-19 23:00 | Report Abuse

@Chunkit Yip 毕竟跟石油有关的公司,合约大多是上亿的,很多pn公司都是没什么生意的,有几个pn公司有几亿合约在手。就算pn,也是还很有希望的。只要你手上还有生意,还不起没关系,他会让你慢慢还。好像ah隆,他宁愿你慢慢还,也不要你跑路。

After all, oil-related companies, most of the contracts are hundreds of millions, many pn companies have no business, there are several pn companies with hundreds of millions of contracts in hand. Even pn is still very promising. As long as you still have business in your hand, it doesn't matter, he will let you slowly return. It seems that ah Long, he would rather you slowly return, and do not want you to run.

Mabel

23,978 posts

Posted by Mabel > 2019-05-19 23:01 | Report Abuse

@ Chunkit Yip 我相信之前白武士已经知道了Q1的结果,他愿意继续融资,证明 Q1的结果影响不会很大。

I believe that the former White Warrior already knows the results of Q1, and he is willing to continue financing, which proves that the impact of Q1 will not be significant.

Mabel

23,978 posts

Posted by Mabel > 2019-05-19 23:04 | Report Abuse

Chunkit Yip 个人关点,白武士也是真金白银拿出来,所以也希望快点获得回酬。所以他只给barakah半年时间。
星期二跌剩5分
然后白武士出来起
债权人通过起
国外合约期
Q4盈利起
符合脱离pn大起

....personal point, the white warrior is also real money, so I hope to get a return soon. So he only gave barakah half a year.
5 points left on Tuesday
Then the white warrior came out
Creditors pass
Foreign contract period
Q4 profit starts
Meet the departure from pn

Mabel

23,978 posts

Posted by Mabel > 2019-05-19 23:05 | Report Abuse

Chunkit Yip

感谢您分享您的想法。 我符合你的观点。

神速!

Mabel

23,978 posts

Posted by Mabel > 2019-05-19 23:17 | Report Abuse

@Wuzy 我会等管理层宣布白武士的身份才决定买不买,管理层有必要玩到酱神秘吗?

听起来像个好主意。 让我们等待正式公告。

Sound like a good idea. Lets wait for the official announcements.

Mabel

23,978 posts

Posted by Mabel > 2019-05-20 04:37 | Report Abuse

Question to the team..

How many contracts does Barakah has?

Mabel

23,978 posts

Posted by Mabel > 2019-05-20 04:42 | Report Abuse

As an example, Armada has 20 B order bookings with a potential of another extension of 10 B

Mabel

23,978 posts

Posted by Mabel > 2019-05-20 04:52 | Report Abuse

Sapura and Velesto are High Speed Trains. Meanwhile Barakah is like an old locomotive and she uses lots of coal to burn fire to run engine while bringing loads of debt.

FYI those former two used to be an old locomotive too. That’s why Barakah is also currently undergoing the process of upgrading and transformation. She needs a white knight to finance this work. Once she has completed with these exercises she will be another High-Speed Train in the ECRL Corridors. All she needs is for her shareholders to be patience and believe in her. As long as oil price remains bullish she will be back on her way to full recovery.

Chan Cy

318 posts

Posted by Chan Cy > 2019-05-20 08:30 | Report Abuse

are.u really sure.what barakah core business.is! barakah has nothing do with oil and oil price

Posted by Chun Loke Low > 2019-05-20 08:46 | Report Abuse

Did you translate it right? He seriously mentioned Barakah has hundreds of million contracts? Haha where can I check this ah? Maybe I didn't pay enough attention but I only saw words like "collaboration" and "teaming up" , none mentioned the value of contracts though. Or maybe it is in the quarterly report? But still, I don't remember seeing it.

Mabel

23,978 posts

Posted by Mabel > 2019-05-20 08:52 | Report Abuse

Yes, if anyone knows, please put it on the table...

Please feel free to edit the translation, it's best efforts..

wendyuong

2,126 posts

Posted by wendyuong > 2019-05-20 08:53 | Report Abuse

I agree with Wuzy. If I decide to keep. I have to wait for haft a year. See anything process in the future. Never mind I have time to wait for the management to prove his perform.

Mabel

23,978 posts

Posted by Mabel > 2019-05-20 08:55 | Report Abuse

Chan Cy, didn't KLSE categorize as Energy?

Barakah Offshore Petroleum Bhd is a Malaysia-based investment holding company. It is involved in the oil and gas industry in Malaysia. The company, through its subsidiary, is engaged in providing and carrying out onshore and offshore contracting works, such as pipeline pre-commissioning, commissioning and de-commissioning, pipeline installation, fabrication, hook-up, topside maintenance and other related activities. It offers various services, including pipeline services, offshore transportation and installation works, hook-up and commissioning, onshore construction, underwater services and chartering of marine vessels and equipment.

wendyuong

2,126 posts

Posted by wendyuong > 2019-05-20 08:57 | Report Abuse

Mabel I agree with you! Don’t sell when we get panick. I have been thinking a few days. That’s why I decided and keep. Isn’t I don’t want to cut lose. Its just something suspicious here...

analiser

99 posts

Posted by analiser > 2019-05-20 09:30 | Report Abuse

8c is supporting level. its a hard breaking level. possible tomorror is going up.

Mabel

23,978 posts

Posted by Mabel > 2019-05-20 09:48 | Report Abuse

As long you don't sell you don't lose anything. It's important we stay together avoid price free falls. I have seen it happen in Armada during the March fiasco..

Look at Armada today.. It's on the upwards trends..

Mabel

23,978 posts

analiser

99 posts

Posted by analiser > 2019-05-20 09:57 | Report Abuse

When the price drop below buying price. It means the money is safe in our trading accn.Meaning we have saving untill price go up. Dont worry we actually buy it at cheap price. Soon or later will going up. Just keep it.

kianweng123

2,690 posts

Posted by kianweng123 > 2019-05-20 10:42 | Report Abuse

tomorrow gan jeong lo

emil

1,428 posts

Posted by emil > 2019-05-20 10:45 | Report Abuse

still in denial mode??... dah classified as PN17 Co. Price will trade/stuck in 0.03-0.05 range for few years

Posted by Chun Loke Low > 2019-05-20 10:55 | Report Abuse

That's why financial literacy is important. Not all PN17 companies are classified under this category For the same reason. Lookout why it falls under PN17? any chances to get out of PN17? Future prospects?

Sure enough the price will fall this Tuesday, CONlanFIRM will. It's a matter of question whether the price can recover back bruhh. Having the confidence in its future prospect doesn't mean living in denial duhh

Newbiesky

792 posts

Posted by Newbiesky > 2019-05-20 11:20 | Report Abuse

different people, different opinion Ba, that's what I can say

wendyuong

2,126 posts

Posted by wendyuong > 2019-05-20 11:25 | Report Abuse

Never mind I will hold it a next a few months or year.. Let’s the company finalize it... Hahaha rm10K for my education... :-)))

Posted by InvestsucessTrader > 2019-05-20 11:36 | Report Abuse

Don't sell on tuesday, if every one sell it will worsen the price, some vultures are waiting to pounce on this opportunity.just wait for a few days as they had ample times to restructure,

wendyuong

2,126 posts

Posted by wendyuong > 2019-05-20 11:44 | Report Abuse

Yes Investsucesstrader! Let’s wait and see...

Posted by Chunkit Yip > 2019-05-20 11:44 | Report Abuse

I also hold,just take like fixed deposit,他人笑我太疯癫,我笑他人看不穿

wendyuong

2,126 posts

Posted by wendyuong > 2019-05-20 11:47 | Report Abuse

Hand up...

Posted by pepsicola1012 > 2019-05-20 12:29 | Report Abuse

要稳定不要乱

snwong13

720 posts

Posted by snwong13 > 2019-05-20 12:40 | Report Abuse

.
Please take note that the GOOD NEWS came before PN17!
Clearly meant there are HOPES moving forward.
The HOPES may turn around anytime but give them sometime.
It is a matter of whether you believe in them!
The choice is yours!
Good Luck!

whoo

213 posts

Posted by whoo > 2019-05-20 13:25 | Report Abuse

I will still hold. Anyway this is just the 1st announcement for pn17. There is still hope and time for recovery. So why need to get panic.... They still have time to turn everything to be profitable

whoo

213 posts

Posted by whoo > 2019-05-20 13:27 | Report Abuse

There are plenty of declared pn17 companies that are more worst than this company. Anyway this company announced they are in the recovery process... So just wait for 2 or 3 mnths. We at losses now. Cut loss we still need to loss so just wait and see how it will goes... Maybe that time we can take profit and exit this counter safely

7300

2,152 posts

Posted by 7300 > 2019-05-20 13:44 | Report Abuse

tues ,clear others sector stocks,...full opportunity cost shift will try some,buying the Trend$ n timing of crude oil price surging there!!!......searched n just found same range price brothers scomies and icon,etc.....alreadu n almost clear out those weak mangements,we can TP above 60sen min,....agree?

7300

2,152 posts

Posted by 7300 > 2019-05-20 13:54 | Report Abuse

since last weeek,watch out local n gov related funds ,every breath

and moments they take means>>>.........PRE & POST Hari Raya green

paus!!!

Posted by Chunkit Yip > 2019-05-20 15:10 | Report Abuse

Atcual most important is who is white knight,if new boss, white knight background is very strong, all people will ignore barakah is pn company or not

Posted by Chunkit Yip > 2019-05-20 15:12 | Report Abuse

So some people wait who is white knight news announce..make sense

wendyuong

2,126 posts

Posted by wendyuong > 2019-05-20 15:25 | Report Abuse

First who is the white knight second get business from Minsheng third Vallianz expand to Middle East... So we will see after 3 months to 6 or 1 year...

Legend

4,119 posts

Posted by Legend > 2019-05-20 18:25 | Report Abuse

no need to talk so much...tomorrow all selling like hell...this is reality...if you can run better do now.

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