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

kianweng123

2,690 posts

Posted by kianweng123 > 2019-05-21 16:07 | Report Abuse

ask them qr out today also wan dead
1 time and shoot up time

wendyuong

2,126 posts

Posted by wendyuong > 2019-05-21 16:08 | Report Abuse

The more we wait the more something not come out. Just ignore it

wendyuong

2,126 posts

Posted by wendyuong > 2019-05-21 16:12 | Report Abuse

Don’t know much CEO still hold

Posted by Realistic Investor > 2019-05-21 16:22 | Report Abuse

18% shares nik hamdan still hold. you can refer their website

kianweng123

2,690 posts

Posted by kianweng123 > 2019-05-21 16:29 | Report Abuse

i think haven't update

wendyuong

2,126 posts

Posted by wendyuong > 2019-05-21 16:29 | Report Abuse

Thank you Realistic..

siaoliao

917 posts

Posted by siaoliao > 2019-05-21 16:39 | Report Abuse

lol delisted soon

DasWack

513 posts

Posted by DasWack > 2019-05-21 16:42 | Report Abuse

Soon is when brother

Posted by pepsicola1012 > 2019-05-21 16:44 | Report Abuse

i thought today opening will drop immediately half to 0.04 - 0.035 , but not that worse even after the news released , lets see thursday any further price drop .

wendyuong

2,126 posts

Posted by wendyuong > 2019-05-21 16:53 | Report Abuse

Not bad even PN17 warning take up 3 cents

wendyuong

2,126 posts

Posted by wendyuong > 2019-05-21 17:03 | Report Abuse

Omg just 5 minutes.... :-(

Posted by Chunkit Yip > 2019-05-21 17:14 | Report Abuse

Why always asked you run, because they cannot get buy cheap er stock..

Bug62

289 posts

Posted by Bug62 > 2019-05-21 17:20 | Report Abuse

Make up your own mind lah. You think all the guru commenting here have good intenison for you ah?. All have their reason. Some want to short some want to throw at you. All i know they have a white night. So o buy today and keep at most take a 20% loss lah.

Bug62

289 posts

Posted by Bug62 > 2019-05-21 17:21 | Report Abuse

Or I make 30%

DasWack

513 posts

Posted by DasWack > 2019-05-21 19:13 | Report Abuse

.......

DasWack

513 posts

Posted by DasWack > 2019-05-21 19:50 | Report Abuse

I think Thursday will drop even more

Posted by Chun Loke Low > 2019-05-21 20:41 | Report Abuse

Wowowow 0.07 support cleared.. by.... Retail investors? That's some 15m shares

Posted by Chunkit Yip > 2019-05-21 20:56 | Report Abuse

有人说还会跌,到最后剩3分。我有些问题不明白。今天barakah 一直在7到7.5分收货的会是小鱼吗?换是你们敢接吗?如果没有人在7分接货,barakah可能正的要跌到4或5分。如果是大户接了这麽多货,他还会让barakah一直跌到3分。6到7分可能是他比较好收货的时间,4到5分应该很多人抢

wendyuong

2,126 posts

Posted by wendyuong > 2019-05-21 20:57 | Report Abuse

Tomorrow will drop more

Posted by Chunkit Yip > 2019-05-21 21:08 | Report Abuse

Most of the people think like that,so they sold out and plan re-enter.if tomorrow suddenly announce who is white knight...how..ikan bilis still lose money.you all buy 9cent from nik and may be sell 4 or 5 sen to white knight

wendyuong

2,126 posts

Posted by wendyuong > 2019-05-21 21:16 | Report Abuse

Again he say mid of restructure company pass due to creditor...

wendyuong

2,126 posts

Posted by wendyuong > 2019-05-21 21:17 | Report Abuse

We already expect this thing happening. Just wait lo

Posted by T800Terminator > 2019-05-21 22:03 | Report Abuse

CAN all in if 0.05 below. Do or die.

Posted by InvestsucessTrader > 2019-05-21 22:23 | Report Abuse

how much is your all in? RM 5k,50k,500k,5m,50m,500 millions,

Posted by Jason Ngan Jia Chen > 2019-05-21 23:18 | Report Abuse

We wish to clarify that the Company did not trigger Paragraphs 2.1(a) and 2.1(e) of PN17 of the Listing Requirements. The Company is being classified as a PN17 Company pursuant to the Paragraph 2.1(f) only as the Company had received a notice of demand dated 17 May 2019 from Export-Import Bank of Malaysia Berhad due to a breach of terms in its facility agreement for failing to make instalment payments pursuant to Paragraph 9.19A of the Listing Requirements and the Company is unable to provide a solvency declaration to Bursa Malaysia Securities Berhad.

Wuzy

1,579 posts

Posted by Wuzy > 2019-05-21 23:37 | Report Abuse

T800Terminator, I agree with you, haha

wendyuong

2,126 posts

Posted by wendyuong > 2019-05-21 23:48 | Report Abuse

Where got 141m. Its just 18m

Chan Cy

318 posts

Posted by Chan Cy > 2019-05-21 23:56 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6166529 the company DID Not trigger Paragraphs 2.1(a) and 2.1(e) of PN17 of the Listing Requirements. The company is being classified as a PN17 Company pursuant to the Paragraph 2.1(f) only as the Company had received a notice of demand

Posted by thomas_dennis > 2019-05-21 23:57 | Report Abuse

looking at today's price. Cannot believe bck thn i bought it 36 cents

Posted by thebeginner > 2019-05-22 00:15 | Report Abuse

lAnything can happened in bursa, i used to bought at RM1.25

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-05-22 01:14 | Report Abuse

when directors and main shareholders selling million of shares in open market, that an exposure

i had moved on, loss 2c

dont worry can earn back 2c in others

kianweng123

2,690 posts

Posted by kianweng123 > 2019-05-22 07:18 | Report Abuse

i already lose 35c

kianweng123

2,690 posts

Posted by kianweng123 > 2019-05-22 07:19 | Report Abuse

3.5c

Posted by Chun Loke Low > 2019-05-22 08:07 | Report Abuse

@kianweng Wait price fall until 6c and 5c then average lur. My average price now also 10c.

Posted by InvestsucessTrader > 2019-05-22 08:09 | Report Abuse

is the market close today? father sick closed, son sick closed, grandmother sick closed, pass urine closed,

kianweng123

2,690 posts

Posted by kianweng123 > 2019-05-22 08:35 | Report Abuse

yes today public holidays

wendyuong

2,126 posts

Posted by wendyuong > 2019-05-22 08:36 | Report Abuse

So many holiday

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-05-22 09:48 | Report Abuse

based on latest performance in o&g qtr rpt, even good recovery prospect like perdana and velesto making a loss, barakah highly possible will be similar fate or worst due to impairment and low profit

the chance to be better in coming qtr is almost 0%

bought bcoz of its white knight news but the news not seem to happen soon, if yes directors would not be selling

Megan88

360 posts

Posted by Megan88 > 2019-05-22 10:43 | Report Abuse

White knight... hahahahha

wendyuong

2,126 posts

Posted by wendyuong > 2019-05-22 10:50 | Report Abuse

Megan88 so busy body

wendyuong

2,126 posts

Posted by wendyuong > 2019-05-22 11:07 | Report Abuse

Now so many sifu come out. When is up than Sifu disappear lol

Megan88

360 posts

Posted by Megan88 > 2019-05-22 11:43 | Report Abuse

Sooner or later we will see a full pond of dead small fish.. white knight... hahahahaha..

Posted by Jason Ngan Jia Chen > 2019-05-22 12:06 | Report Abuse

Are the director selling?

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-05-22 12:23 | Report Abuse

when up sifu sell take profit, later it down sifu ask follower to cut los

actually sifu comes here to eat your money

Posted by Chunkit Yip > 2019-05-22 13:05 | Report Abuse

Current director or Ex-director?

BigDaddyCool

1,806 posts

Posted by BigDaddyCool > 2019-05-22 13:06 | Report Abuse

Oil and gas firm Barakah Offshore Petroleum Bhd faces yet another setback as its wholly-owned major subsidiary, Kota Laksamana 101 Ltd (KL101), has defaulted on its instalment payments to the Export-Import Bank of Malaysia Bhd (Exim Bank).

On May 17, KL101 received a notice of demand for the outstanding US$2.65 million (approximately RM11.08 million) owing under a 2014 facility agreement. The default may aggravate the group’s current financial concerns, said the Practice Note 17-company


Similar cases alike SUMATEC.Be prepared for tje worst as its losses is unpayable.Exim bank is in the midst of execising legal suit against Barakah.Game over.PN17 RIP

Megan88

360 posts

Posted by Megan88 > 2019-05-22 13:39 | Report Abuse

Who said game over? Got white knight... hahahahahaha

Megan88

360 posts

Posted by Megan88 > 2019-05-22 13:39 | Report Abuse

All dont sell... keep it... hahahahahaha

Posted by mike_kim319 > 2019-05-22 13:59 | Report Abuse

Come come 0.03 ... to in..

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