BARAKAH OFFSHORE PETROLEUM BHD

KLSE (MYR): BARAKAH (7251)

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Last Price

0.05

Today's Change

-0.005 (9.09%)

Day's Change

0.05 - 0.055

Trading Volume

2,803,300


20 people like this.

16,354 comment(s). Last comment by mf 5 days ago

kianweng123

2,690 posts

Posted by kianweng123 > 2019-05-23 11:44 | Report Abuse

@jayce i know 2013 story only go to find what happen at 2013

kianweng123

2,690 posts

Posted by kianweng123 > 2019-05-23 11:46 | Report Abuse

all the story because ex ceo kena force selling and white knight collect ticket once done collect they will announment rebound coming

Mabel

24,096 posts

Posted by Mabel > 2019-05-23 11:51 | Report Abuse

@ Ron90 still some people in this forum continue to post fake news and cerita white knight la, sarawk tycoon la.. now see la..all tipu only. And continue suggesting people to buy at low again?..Reminder again, Barakah in the same boat with Sumatec.

I bet to differ bro..

First, Sumatec has zero revenue for two straight quarters. Barakah is generating handsome revenues every quarters. That's the major difference.

Second, if the White Knight is coming from any Tom, Dick and Harry, I buy it's fake, however this White Knight has been consistently repeated in their Press Releases and statements are being made by their officials.

Third, nobody is asking anyone to buy. It's everyone's personal call. You decide what you want to do based on your risk tolerance and resources you have.

Cheers!

Bug62

289 posts

Posted by Bug62 > 2019-05-23 11:52 | Report Abuse

Well said Mabel !!! . I am of the same opinion.

Mytrd

617 posts

Posted by Mytrd > 2019-05-23 12:00 | Report Abuse

Last time heard serbadk got interest in this company. Que a bit at 0.045 and see how lor, gambling a bit

Megan88

360 posts

Posted by Megan88 > 2019-05-23 12:05 | Report Abuse

Kianweng123, your TP only 0.30 for barakah? Why so low? My TP 1.00.. go go go.. white knight.. hahahahaha

kianweng123

2,690 posts

Posted by kianweng123 > 2019-05-23 12:08 | Report Abuse

maybe 5year 1.0 also possible

wendyuong

2,126 posts

Posted by wendyuong > 2019-05-23 12:09 | Report Abuse

Already buy this stock die die die also keep... wakaka

BigPro

688 posts

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

Hope will re bounce back soon after somebody press down the price to lowest...

wendyuong

2,126 posts

Posted by wendyuong > 2019-05-23 12:14 | Report Abuse

:-) yes Bigbro!! maybe not re bounce too soon. It’s could be after 6 months or year

InvestorKING

5,931 posts

Posted by InvestorKING > 2019-05-23 12:17 | Report Abuse

Buy super undervalued stock: bumi Armada

Aminvest giving discount from its valuation of 36cents, hongleong giving valuation of 33cents, hwangaffin giving 31cents valuation (all these not target price, is fair valuation price), so by right the actual fair price is around 0.33 to 0.36

But the big shark still collecting the super cheap shares around 0.18 to 0.19

But before Armada being awarded the court winning for Woodside claim, 20cents gap up, that time will worth for 0 50+++

BigPro

688 posts

Posted by BigPro > 2019-05-23 12:18 | Report Abuse

Technical re bounce 2 to 3 cents may be more faster.

wendyuong

2,126 posts

Posted by wendyuong > 2019-05-23 12:38 | Report Abuse

Hihihi pray for the company get project from Villianz, Minsheng Bigpro!

DasWack

513 posts

Posted by DasWack > 2019-05-23 12:42 | Report Abuse

I dun think mingsheng will let their partner crash and burn la

jasonor

1,004 posts

Posted by jasonor > 2019-05-23 12:43 | Report Abuse

last time i come, i saw 0.09, now left 0.045 hahahhaha

kianweng123

2,690 posts

Posted by kianweng123 > 2019-05-23 12:52 | Report Abuse

wait or sell that all

Posted by pepsicola1012 > 2019-05-23 13:00 | Report Abuse

这边的comment看看就好,虽然我手里也有这个股,不过看到不被看好,冷嘲热讽的comment,我觉得很爽。。。哈哈哈

moneypedia

5,987 posts

Posted by moneypedia > 2019-05-23 13:07 | Report Abuse

sumatec wannabe??????????????

Megan88

360 posts

Posted by Megan88 > 2019-05-23 13:15 | Report Abuse

If you plan to renovate your home, would you prefer a slightly more expensive contractor or a cheaper but PN17 contractor..? All barakah current projects are mostly servicing contract which means the value is depending on the actual scope.. White knight... hahahahahaha

fkser

622 posts

Posted by fkser > 2019-05-23 13:16 | Report Abuse

全部白痴没事做的鸟人跑进来

fkser

622 posts

Posted by fkser > 2019-05-23 13:18 | Report Abuse

Buy armada orang tu Otak tak betul

wendyuong

2,126 posts

Posted by wendyuong > 2019-05-23 13:39 | Report Abuse

Hihihi waiting for miracle lo... One day the CEO not yet announced fake White Knight mean we still have chance

Posted by pepsicola1012 > 2019-05-23 13:53 | Report Abuse

aiyor , all be happy la , PN17 jiu PN17 , Hohup also PN17 before , ppl stand strong @ 0.61 now .... anything can happen ~~

wendyuong

2,126 posts

Posted by wendyuong > 2019-05-23 14:10 | Report Abuse

Bye bye I will watch another counter. 3 or 6 months later I will come back this form, lol hope everyone still here. Wakaka

Notconfused

1,523 posts

Posted by Notconfused > 2019-05-23 14:16 | Report Abuse

rebound soon

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-05-23 14:35 | Report Abuse

3 or 6 mths later maybe 0.005

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-05-23 14:40 | Report Abuse

see all later

Mabel

24,096 posts

Posted by Mabel > 2019-05-23 14:51 | Report Abuse

Honestly, it’s the same story like Armada. Once Armada managed to restructure it's debt the price has been very stable. I believe the price for Barakah will stabilise soon. It seems it has stop going down as of this posting


KUALA LUMPUR: Barakah Offshore Petroleum Bhd is seeing selling pressure in early Thursday trade on news that its subsidiary had defaulted on its loan payments.

Read more at https://www.thestar.com.my/business/business-news/2019/05/23/barakah-falls-21pct-on-news-of-loan-default/#WUtMobrQOYiAWpmx.99

Mabel

24,096 posts

Posted by Mabel > 2019-05-23 14:54 | Report Abuse

Interesting to see a subsidiary default can cause this damage this week. Barakah Communication Chief should be fired. This free fall could have been prevented if Communication Plan is done properly.

Posted by InvestsucessTrader > 2019-05-23 14:58 | Report Abuse

Today margin call too much, dayang all die, perdana also die,

Megan88

360 posts

Posted by Megan88 > 2019-05-23 15:08 | Report Abuse

Comparing armada with barakah... just goes to show how stupid you are.. both in massive debts but one is own by mr. ananda krishnan.. barakah own by..?? Hahahahaha

wendyuong

2,126 posts

Posted by wendyuong > 2019-05-23 15:10 | Report Abuse

We will see... no one know what’s will happen in the future. But the CEO keeping remind mid restructure of the company. We will see...

Notconfused

1,523 posts

Posted by Notconfused > 2019-05-23 15:11 | Report Abuse

should be lower than 0.045 leh

wendyuong

2,126 posts

Posted by wendyuong > 2019-05-23 15:13 | Report Abuse

Armada own by myself... wakaka

wendyuong

2,126 posts

Posted by wendyuong > 2019-05-23 15:14 | Report Abuse

Btw I never trap of fake new before... Maybe on is the first time and last. Loll

Posted by T800Terminator > 2019-05-23 15:25 | Report Abuse

Next buying point 0.03. Tomorrow can get?

wendyuong

2,126 posts

Posted by wendyuong > 2019-05-23 15:27 | Report Abuse

Maybe 31/5 result come out can get 0.03

kianweng123

2,690 posts

Posted by kianweng123 > 2019-05-23 15:38 | Report Abuse

wait a monument

CITADEL

1,867 posts

Posted by CITADEL > 2019-05-23 15:48 | Report Abuse

very high chance becomes sumatec perisai daya

kianweng123

2,690 posts

Posted by kianweng123 > 2019-05-23 16:35 | Report Abuse

we see after 3month

kianweng123

2,690 posts

Posted by kianweng123 > 2019-05-23 16:54 | Report Abuse

closed 0.05 not bad

Posted by InvestsucessTrader > 2019-05-23 16:57 | Report Abuse

I queue at 0.45 ,

Posted by Chun Loke Low > 2019-05-23 17:00 | Report Abuse

Can you see how many green transactions were transacted after 3.30PM :)

People (assumption) are still buying at 0.05 though.

BigDaddyCool

1,806 posts

Posted by BigDaddyCool > 2019-05-23 17:07 | Report Abuse

When gullible and starburness people defy the odds.End up shitting inside pants.Cant imagine if the chosen one buy 5 millions unit at 0.100 cents.Shitting all the way.

taloha

206 posts

Posted by taloha > 2019-05-23 17:07 | Report Abuse

lol funny those who say how safe how profitable to buy blue chip as if u can know how high how low can it be. some of my frens paper lost 6 figures on these counters. ok lai now pls suggest me which blue chip can make good money, how long should i hold. I spare 200k in cash to buy(not trying to show off yea). especially you megan88 pm me exchange real contact, if really make profit as you predicted I give you 10% as commission.

Posted by christine123 > 2019-05-23 17:10 | Report Abuse

Barakah Offshore Petroleum Bhd is seeing selling pressure in early Thursday trade on news that its subsidiary had defaulted on its loan payments.
At 9.08am, the stock was down 1.5 sen or 21.43% to 5.5 sen on the back of 13.84 million shares done.
Barakah said it is in the midst of finalizing a comprehensive plan, which may include restructuring all its banking facilities. Barakah said it would endeavor to continue its other remaining business operations notwithstanding the default and will engage with the lenders and suppliers for their continuous support.

The drawdown amount of the loan was US$57.46mil in August 2014 while the total amount outstanding on May 16, 2019, was US$42.32mil.

Mabel

24,096 posts

Posted by Mabel > 2019-05-23 17:10 | Report Abuse

When the selling stops, the price will go up..

Posted by Chunkit Yip > 2019-05-23 17:40 | Report Abuse

Mabel,不用跟这些人讲这么多,要卖让他们去卖吧。有很多人说nik知道barakah不行了,快快卖了股份跑了,都pn了,请去看看他还有多少巴仙股份,难道要陪barakah一起完蛋。他margin call 多少我不知道,但是如果已经解决了呢,那他留在干什么。

kianweng123

2,690 posts

Posted by kianweng123 > 2019-05-23 17:52 | Report Abuse

如果 不是nik 中margin 现在就在0.1 左右 只能等卖够了 就是反弹了

Posted by pepsicola1012 > 2019-05-23 17:55 | Report Abuse

lol funny those who say how safe how profitable to buy blue chip as if u can know how high how low can it be. some of my frens paper lost 6 figures on these counters. ok lai now pls suggest me which blue chip can make good money, how long should i hold. I spare 200k in cash to buy(not trying to show off yea). especially you megan88 pm me exchange real contact, if really make profit as you predicted I give you 10% as commission.

=========================================================

hoooo~~ this by far the most entertaining comment i'd seen since this morning started ... i wonder will MEGAN88 accept the challenge as 10% commission quite high , dnt need invest just tikam zhun zhun earn 10% .... kakakaka

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