Posted by kianweng123 > 2019-05-23 18:13 | Report Abuse

the shark already smell the blood

Posted by Megan88 > 2019-05-23 18:29 | Report Abuse

My tips to buy barakah offshore as much as you can.. like that so chai use cc, p loan, whatever loan all in barakah.. because got white knight.. hahahahahahaha

Posted by Megan88 > 2019-05-23 18:30 | Report Abuse

Keep the 10% for yourself to buy underwear next month..

Posted by taloha > 2019-05-23 18:39 | Report Abuse

hahahah see? no pm? no real contact? i also dunwan to comment on you lar another funny troll person in i3.

Posted by Bug62 > 2019-05-23 18:41 | Report Abuse

This Megan 88 must have lost a lot on this stock now crying like a pondan. Peoples money why he give a F i don't understand.

Posted by taloha > 2019-05-23 18:43 | Report Abuse

always being sacarstic cant help one ler. aduii. cant show how intelligent r u oso. give u money earn also talk east talk west what u want to be honest?

Posted by Bug62 > 2019-05-23 18:44 | Report Abuse

When people talked all kind of cock about seacera and it drop to 0.17 i bought 800k sold all at 0.32 . Now waiting to go in again.

Posted by Megan88 > 2019-05-23 19:05 | Report Abuse

Not a lot.. down 70k left barakah got back 50k from armada last round.. u think I care how much you gain or lose? Hahaha.. I only care about white knight..

Posted by Davidyeap > 2019-05-23 19:11 | Report Abuse

Liverpool 0vs3

Finally 4vs3

Anything can happen

Posted by wendyuong > 2019-05-23 19:16 | Report Abuse

Wow Bug62... very lucky yeah... :-)

Posted by Chun Loke Low > 2019-05-23 19:22 | Report Abuse

Guys, come onn. Just ignore these unnecessary comments/humans. Don't entertain him anymore lol

Posted by wendyuong > 2019-05-23 19:38 | Report Abuse

Hihihi Chun Loke Low Everyonr here are busy body including me, wakaka

Posted by pepsicola1012 > 2019-05-23 19:41 | Report Abuse

I find sarcastic comments very entertaining by showing wht their standards are ~

Posted by 7300 > 2019-05-23 19:44 | Report Abuse

sarcastic is even excellent if hit bull eye,i agreed!

don't like scholar n like many IB talk to nose n fool people!

Posted by Bug62 > 2019-05-23 19:45 | Report Abuse

Look at dayang. Every gurus said buy its going to RM 2, now all got screwed. Even when i was not confident of this overvalued stock i did not bad mouth it or the people who were buying it. All because it's not my money, not my circus and not my monkeys so i just keep quiet.

Posted by Chan Cy > 2019-05-23 19:56 | Report Abuse

i bought a lot on this counter, i am not afraid about the white knights or else, i am afraid of that trump . There is high chances that economy recession due to his stupid trade war

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

btw gratz to those who hold knm till today heheheh. cheers~

Posted by Mabel > 2019-05-23 22:47 | Report Abuse

@taloha btw gratz to those who hold knm till today heheheh. cheers~

Yes KNM is really Rock Steady !

Many counters are RED today, However KNM is up by 3 %

Posted by Mabel > 2019-05-23 22:50 | Report Abuse

@Chunkit Yip 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。

注意并感谢Chunkit！

请检查一下。 谢谢你的建议！

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

布尔萨声明称，Nik Hamdan于4月9日出售了10,000,000股股票，而4月16日该公司发布了关于辞职的声明的那一天出售了5,000,000股股票。 由于出售，他目前拥有31.44％，其中31.15％是综合石油和天然气解决方案提供商的直接股权。

他仍然是单一最大的单一股东。

谢谢你提醒我这个Chunkit

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

CHALLENGES AND OUTLOOK

1. The Group immediate requirement is to strengthen its balance sheet which has been substantially eroded following losses for the last 2 year period. The Group plans to embark on a regularization plan to :
• address significant long outstanding amount due to creditors,
• improve its net assets position, and
• resolve the situation of lack of utilization of its main asset pipe lay barge.

The proposal for a regularization plan is envisaged to be formalized by middle of 2019.

2. The Group continues to engage with the creditors to arrive at a settlement through a
comprehensive debt restructuring scheme that will form part of the Group’s regularization plan.

3. Business outlook is more positive premised on the following factors.
• Pipe-lay barge Kota Laksamana 101 is currently on hire offshore Terengganu as accommodation
vessel for the MCM contract. This is an encouraging development following more than 2.5 years
of no utilisation for the vessel.
• Order book balance of RM1.36 billion provides revenue visibility to 2023.
• Currently bidding for new projects with total estimated value of RM1.3 billion. Active participation
in pre-qualification for potential future projects bidding.

Posted by Machho > 2019-05-24 04:23 | Report Abuse

2nd knm, even better, can be rich within 1 month!

Posted by Machho > 2019-05-24 04:24 | Report Abuse

Good news out soon to cover pn17, coming qr result better than knm!

Posted by Machho > 2019-05-24 04:28 | Report Abuse

Hold for new ceo who keep remind for restructuring plan, we believed he can success with white knight in dark, more and more projects coming soon, stay tuned!

Posted by Machho > 2019-05-24 04:32 | Report Abuse

Vallianz and minsheng, creditors somemore are the hopes to grab up!

Posted by SuperPanda > 2019-05-24 08:10 | Report Abuse

today will drop another 1.5c at least, when see fire, must run out and save your self from burning...

better loss small than big and capital stuck for ages

Posted by Chunkit Yip > 2019-05-24 08:16 | Report Abuse

他应该卖空不少，这两天收不回货，就要自己把价位买会上去。

Posted by Chunkit Yip > 2019-05-24 08:17 | Report Abuse

Pn,5分暂时差不多这个价位。

Posted by moneypedia > 2019-05-24 09:22 | Report Abuse

sumatec dan pelisai ala kawan lagi lepas ni....talak kesunyian wooo....

Posted by siaoliao > 2019-05-24 09:38 | Report Abuse

buy on weakness or sell on weakness ? which one win rate higher ? hahaha

Posted by siaoliao > 2019-05-24 09:38 | Report Abuse

punter mari mari

Posted by kianweng123 > 2019-05-24 10:26 | Report Abuse

one more Qr after that can top up

Posted by Mabel > 2019-05-24 11:14 | Report Abuse

Mabel Mabel @ CHALLENGES AND OUTLOOK

1. The Group immediate requirement is to strengthen its balance sheet which has been substantially eroded following losses for the last 2 year period. The Group plans to embark on a regularization plan to :
• address significant long outstanding amount due to creditors,
• improve its net assets position, and
• resolve the situation of lack of utilization of its main asset pipe lay barge.

The proposal for a regularization plan is envisaged to be formalized by middle of 2019.

2. The Group continues to engage with the creditors to arrive at a settlement through a
comprehensive debt restructuring scheme that will form part of the Group’s regularization plan.

3. Business outlook is more positive premised on the following factors.
• Pipe-lay barge Kota Laksamana 101 is currently on hire offshore Terengganu as accommodation
vessel for the MCM contract. This is an encouraging development following more than 2.5 years
of no utilisation for the vessel.
• Order book balance of RM1.36 billion provides revenue visibility to 2023.
• Currently bidding for new projects with total estimated value of RM1.3 billion. Active participation
in pre-qualification for potential future projects bidding.


Team,

Here's the Price range for Barakah over the last 52 weeks : 0.04 - 0.24

The current price levels is nothing new. The recent price drops was due the force selling by Kananga and many investors panic. FYI, Nik Hamdan still remain as the single biggest shareholdes.

Above 1 and 2 are still work in progress since Q418. Once this is resolved, investors confidence will improve. White Knights and Creditors are definitely on the table and has been repeated many times by Barakah Officials. Nothing has changed and it's not Fake!

As per Item 3, unlike other PN17, Barakah has fantastic orders booking. As long oil price is above USD 50 to 60, Barakah should have fighting chance to recover. Sapura reported another profit making quarter and has declared dividend. KNM reported fantastic results yesterday.

What Barakah need is time. So I'm giving this company time as I'm in no hurry to cash in and I'm prepared to wait. I believe today's price will be the lowest this round since the panic has subsided Once the selling stop, the price will improve.

Hence, use your best judgments, don't panic. Q1 is not even out. You decide what you want to do with your money. Selling at this price is peanut. Not enough to buy another Mercedes ...

Happy trading!

Cheers!

Mabel

Posted by wendyuong > 2019-05-24 11:57 | Report Abuse

Lets wait all... :-)

Posted by Joslang > 2019-05-24 14:02 | Report Abuse

Hi.. any prediction for upcoming QR? It would drop further if it's bad?

Posted by zulmuiz > 2019-05-24 14:06 | Report Abuse

When shares plug...no holding power...sure mental stress..haha

Posted by siaoliao > 2019-05-24 14:09 | Report Abuse

so cheap 0.045 put few k to bet maybe 50:50 sikit naik sudah byk untung

Posted by Jason Ngan Jia Chen > 2019-05-24 14:11 | Report Abuse

I don't think qr is good
If it's good they would've cleared the debt
Another loss for this quater

Posted by Joslang > 2019-05-24 14:14 | Report Abuse

I see.. then I wait for 0.035.. haha

Posted by wendyuong > 2019-05-24 14:41 | Report Abuse

Better wait for quarter out 31/5

Posted by wendyuong > 2019-05-24 15:00 | Report Abuse

Don’t buy first the CEO still selling

Posted by kianweng123 > 2019-05-24 15:01 | Report Abuse

ya wait qr out first than can buy in

Posted by InvestsucessTrader > 2019-05-24 15:07 | Report Abuse

Same as dayang, 1.71-0.88, Perdana 0.54-0.25,carimin 1.00-0.605,Pccc 0.55-0.35, destini 0.45-0.24, Hahaa

Posted by wendyuong > 2019-05-24 15:12 | Report Abuse

Don’t know who still collecting when we are expecting bad announce quarter result...

Posted by kianweng123 > 2019-05-24 15:15 | Report Abuse

White kinght

Posted by siaoliao > 2019-05-24 15:15 | Report Abuse

black knight

Posted by siaoliao > 2019-05-24 15:16 | Report Abuse

later suddenly QR result out all terkejut

Posted by Newbiesky > 2019-05-24 15:17 | Report Abuse

yes, but I think, all expected to be red.

Posted by SuperPanda > 2019-05-24 15:17 | Report Abuse

when qtr out, with big loss, you will see 0.01-0.02

Posted by wendyuong > 2019-05-24 15:18 | Report Abuse

Let’s see...