I agreed worst event is pn17..but, worst case is still not that day since many still put hope on white knight, good news, better qr, etc. But now, qr is worst than expected, Maybank give tp of 0.01, trade war getting serious after surprise tariff on mexico + China strong attitude against trump, etc - worst case coming soon....
@chun, u refer to me? If yes, show evidence. Honestly, I don't recall this. If you are my true fan, u will know I exist klse for quite some time...so, what you want perli, pls quote or show evidence....then we can start from there.
@chunkit, pls explain your share - Jan news for what purpose? Try to trap blur investor go in tomorrow at high price of 0.045? The news is old. During that time, barakah haven't pn17, haven't out worst qr, maybank haven't rate tp 0.01, trade war haven't turn bad...so, what is the reason you show this old news?
@nikmon, thanks for remind on the sky high debt. Now, I can understand why Maybank give tp as low as 0.01. I have to revise my tp from 0.035 to 0.03 and now 0.025.
You know yourself whether you ever bought it :) you can try to deny but before that, delete ur relevant comments first so that people can dig it HAHAHA DUMBASS
And sure enough, I'm your true fan :) I enjoy reading your jokes everyday hahahahhaha
@chun loke, I will not del anything...just show here...we can start from there..if not, u better post at annjoo site..don't disturb me focus on my 0.025 tp
For those who don't know Chun loke and don't know why he suddenly come out annjoo comment...don't worry, I don't know as well...after I do some research, then I understand why he try to divert focus...this is because he is holding big barakah @10sec (see below as evidence). So, pls forgive him.. if I will him, I'll also panic and say something that I also don't understand what I'm saying.
---- May 22, 2019 8:07 AM | Report Abuse
@kianweng Wait price fall until 6c and 5c then average lur. My average price now also 10c.
Wakakakaakaka you don't know? 22th January 2018? Funny orh? Bought Ann Joo @ 3.42 now die liao lahh.. I will also panic if I were you HAHAHA down more than 50%
@chunLoke, I pening...no wonder I can't recall this. it was on Jan 2018...are you ok, boy? Don't worry too much on tomorrow result, it is pretty much set. Lost money is ok but don't lost yourself
@chunkit, buy at lowest price is not that important. It is ok if you buy at high price on sunrise stock. But, you and other sifu case is totally different, you all bought high price on sunset stock. If you think you are good, then is ok.. since this is your money.. but, don't give false hope to potential buyer on white knight, inside news, etc bs news. As all of us know, the price going to drop further due to 1. The qr is bad than expected. 2. US stock, treasury yield and oil price drop on Friday 3. US-chins trade war with no end sight 4. Tomorrow T2 for those who fall into chase high trap on Thursday 5. Short trading week 6. Extremely high debt 7. The most important, since all smart sifu got trap at high price....no one will let you go so easy
@DasWack, my dear...Maybank target price news is not from me...see below..
---- /05/2019 3:13 PM
kianweng123 Barakah Offshore Petroleum (BARAKAH MK) by Thong Jung Liaw Share Price: MYR0.06 Target Price: MYR0.01 Recommendation: Sell 15MFY19: A miss Results came in below our expectation, which led to a 57% rise in our 18MFY19 core loss estimate. Barakah is now a PN17 stock following the default of its loans. It needs to address its under-utilised assets and rising debts. We do not rule out an impairment/ fire-sale exercise of its KL101 vessel (single-largest cost component) to resolve this issue. We cut its TP to MYR0.01, pegging it to 0.1x BV, reflective of peers that face similar debt default risk. 31/05/2019 3:16 PM
Odd you tell us what to do now? When we are trap here? For me I won’t sell my stock unless the company is delisted. Anything in the future can happen. Either company will announce bankrupt or can strike back. We won’t know. Can you give me the date when this company will close? If you are so sure it will bankrupt... >_<
I'm not fortune teller, I don't have crystal ball. What I believe is this stock will drop in near future. So, is not a good time to buy.
Once I finish slapping those sifu, I'll stop. Since I earn or lost nothing if the price is up or down. (Unless I really want to gamble on 0.035 or below)
@chunkit, good boy, finally you agree not to buy at this high price of 0.045 since 1. The qr is bad than expected. 2. US stock, treasury yield and oil price drop on Friday 3. US-chins trade war with no end sight 4. Tomorrow T2 for those who fall into chase high trap on Thursday 5. Short trading week 6. Extremely high debt 7. The most important, since all smart sifu got trap at high price....no one will let you go so easy
@DasWeck, finally you aware that Maybank news is not from me. For those would like to know Maybank news. Pls see below..be careful if you want to gamble on next Monday @0.045
-----&
05/2019 3:13 PM
kianweng123 Barakah Offshore Petroleum (BARAKAH MK) by Thong Jung Liaw Share Price: MYR0.06 Target Price: MYR0.01 Recommendation: Sell 15MFY19: A miss Results came in below our expectation, which led to a 57% rise in our 18MFY19 core loss estimate. Barakah is now a PN17 stock following the default of its loans. It needs to address its under-utilised assets and rising debts. We do not rule out an impairment/ fire-sale exercise of its KL101 vessel (single-largest cost component) to resolve this issue. We cut its TP to MYR0.01, pegging it to 0.1x BV, reflective of peers that face similar debt default risk.
@chunkit, buy on right timing. Good stock will not up forever and bad stock will not down forever (unless delisted). What i can say now is this is not the right time to buy barakah. If you want buy, wait for lower price since
1. The qr is bad than expected. 2. US stock, treasury yield and oil price drop on Friday 3. US-chins trade war with no end sight 4. Tomorrow T2 for those who fall into chase high trap on Thursday 5. Short trading week 6. Extremely high debt 7. The most important, since all smart sifu got trap at high price....no one will let you go so easy
Dont twist my words, I never say you are the one who release maybank news and I didnt realize that because i never said its you from the start. And who doesnt know maybank news not from you of course not from you la BIG SIFU Maybank News ofcourse from maybank
Ok..@DasWack. now, all know below Maybank news is from Maybank..so, Maybank tells us be cautious if you want to go in @0.045. ------
05/2019 3:13 PM
kianweng123 Barakah Offshore Petroleum (BARAKAH MK) by Thong Jung Liaw Share Price: MYR0.06 Target Price: MYR0.01 Recommendation: Sell 15MFY19: A miss Results came in below our expectation, which led to a 57% rise in our 18MFY19 core loss estimate. Barakah is now a PN17 stock following the default of its loans. It needs to address its under-utilised assets and rising debts. We do not rule out an impairment/ fire-sale exercise of its KL101 vessel (single-largest cost component) to resolve this issue. We cut its TP to MYR0.01, pegging it to 0.1x BV, reflective of peers that face similar debt default risk.
@chunkit, not 1 skill..beside Maybank..there are many other factors that ask us don't buy @0.045. see below
1. The qr is bad than expected. 2. US stock, treasury yield and oil price drop on Friday 3. US-chins trade war with no end sight 4. Tomorrow T2 for those who fall into chase high trap on Thursday 5. Short trading week 6. Extremely high debt 7. The most important, since all smart sifu got trap at high price....no one will let you go so easy
@investsuccess, don't try to be funny. I checked your past post, u bought this counter at high price since few days/weeks back. Those who not believe, check on his profile comment.. Again, this hand burned sifu trying hard to promote this counter so that they can minimize loses. Again, think twice if you want to invest tomorrow due to 1. The qr is bad than expected. 2. US stock, treasury yield and oil price drop on Friday 3. US-chins trade war with no end sight 4. Tomorrow T2 for those who fall into chase high trap on Thursday 5. Short trading week 6. Extremely high debt 7. The most important, since all smart sifu got trap at high price....no one will let you go so easy
1. Bad qr than expected? Ermm whose expectation? Yours? Hahahah 2. Judging by this point of yours, so no investment is good lor right now? ^^ Also, get your fact right. How many times people need to tell you oil prices don't affect Barakah? duhh or you trying to say fall in oil price sends negative market sentiment? ^^ 3. The crap as (2) , majority stocks can stock down due to trade war so again, don't invest lor? 4. Your assumptions? HAHA 5. This is the only points makes sense LOL 6. High debt.. okay, so? @@ if low debt what's the point of debt restructuring LOL .. ahhh right2 you are gonna say they won't success in debt restructuring/fake news release by the management? Ok. 7. Wao. Fact? K.
sometimes strong fundamental counter can cause heartache too.... i have friends who paper lost 6 figures on blue chip... u wont know what will happen tomorrow. conclusion is too much possibilities in stock trading no sure win counter 1 haha.
@chunloke, qr is bad than expected is from Maybank report that came from Maybank. See below --- 05/2019 3:13 PM
kianweng123 Barakah Offshore Petroleum (BARAKAH MK) by Thong Jung Liaw Share Price: MYR0.06 Target Price: MYR0.01 Recommendation: Sell 15MFY19: A miss Results came in below our expectation, which led to a 57% rise in our 18MFY19 core loss estimate. Barakah is now a PN17 stock following the default of its loans. It needs to address its under-utilised assets and rising debts. We do not rule out an impairment/ fire-sale exercise of its KL101 vessel (single-largest cost component) to resolve this issue. We cut its TP to MYR0.01, pegging it to 0.1x BV, reflective of peers that face similar debt default risk.
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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....
Chunkit Yip
384 posts
Posted by Chunkit Yip > 2019-06-02 11:20 | Report Abuse
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