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 .
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.
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
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.
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
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
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
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