barakah already planned and knew that they will pn17 since february..you all arr so lazy to read news and report ..need me repeatedly say the same damn thing again and again! just now also got official confirmation said that they have regularization plan to get out pn 17!
https://www.klsescreener.com/v2/news/view/507457 here already stated the plan while others is non-disclosure! Pls scroll down and open your golden eye look at the MCM project awarded worth more than RM 1billion !
non disclosure!probably they will annouce during september together with white.knight news! or you can check with Sapura Energy, barakah wont be so easy collapse due to this is islamic counter and they have certain relationship with Saudi etc
subsidiary company creating debt that's why making this company fall into PN 17 , i think during next AGM have to change subsidiary company CEO really not doing his work!
@chunLoke. Late reply..busy on real life. Wow, today another red close. Friday dropped 0.01, today last min dropped 0.005. tomorrow drop? Now, I started to understand why Maybank report from Maybank rated tp at 0.01. 0.045 still far from 0.01 = down side potential is still high. I dare not enter yet tomorrow. For those who not aware on Maybank report from Maybank, pls see below (check on the date, is after all the good news shared by sifu here).
-&&& 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.
I guess can...Maybank will not simply value, Need to take care thier reputation. If out too much, how can they answer to people. If not 0.01, then will be 0.015 or 0.02. scary lo.. maybe tomorrow is last chance to run before operator come back from holiday.
You think everyone a pessimist like you meh? I happy or not happy your issue? Mind your own damn business la dumbass. Continue shake your empty little head la, already dw layan you at there pick fight like a retarded. Pui.
HAHAHAHHAHAHA so tmr 0.035 tokok Sifu? Okay, I queue 0.035. if not 0.035 how ah? Can buy more at cheaper price not happy? @@! Don't keep giving me fake hope orh
Hahahaha everyone holiday yah? That's why only drop half a cent? Ohh so basically everyone balik kampung, no internet access that's why cannot sell? WKAKAKAKAK
S&P500 down 0.5% while NASDAQ down 1.45% now. The whole world are shaking. But, I don't understand why sifu DasWack and sifu Chun so happy when his stock decline by 10% each day. Furthermore, his stock already pn17, high debt and bad than expected qr. Whole world is shaking, other barakah holder leg is shake and I have to shake my head when I see you so happy.
Aik then shouldn't tmr have no movement since people are on holidays now? Woii don't simply tokok can anot? I take ur estimation very seriously eh sifu
Ahh S&P500 and NASDAQ down = whole world shaking.. Your world is really quite.. ermm.. how should I place this.. it has plenty of "room" to improve yahh?
@chunLoke..yes, you are right. my world is very conservative. If I will you, ill not hehe haha here and there. Ill keep quite and pray for the white knight to be come. If not, Maybank tp of 0.01 will reach very very soon..
You meant quiet*? Can you check your words before hitting the "comment" button? It's very confusing kay? Also, I was trying to say your world is freaking small not conservative lah bebal -_-
To all sifu..I'll not fall into your trap. Try to paint good picture and con ppl go in now for you to escape from high price?
I'll always remind myself why Maybank report from Maybank rated tp at 0.01. 0.045 still far from 0.01 = down side potential is still high. I dare not enter yet tomorrow. For those who not aware on Maybank report from Maybank, pls see below (check on the date, is after all the good news shared by sifu here).
-&&& 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.
#Oodd, Not mean to look down on you, how much you can buy for us to escape. you are trying to paint a very bad picture here because you are so in love with Barakah , so you can afford to buy cheap.
@ChunLoke, you are correct. I got nothing to do now. Since the market so volatile, I prefer to keep my bag safe than gambling in this pn17, high debt, bad qr than expected company like barakah. Furthermore, world economy is in shake mode too. That's mean, I have plenty time to tell potential buyer - watch out! If you want to buy the share now, think twice. Don't fool by those inside news or white knight hope or old good news (those news came out before qr)
@invest...wowowo, look down people now. Go ahead look down all the potential buyer. We don't care whether you look up or down. We care only our money. Good try...you thought we scare you look down and go purchase high price of 0.045?
@ChunLoke, you are correct. I got nothing to do now. Since the market so volatile, I prefer to keep my bag safe than gambling in this pn17, high debt, bad qr than expected company like barakah. Furthermore, world economy is in shake mode too. That's mean, I have plenty time to tell potential buyer - watch out! If you want to buy the share now, think twice. Don't fool by those inside news or white knight hope or old good news (those news came out before qr)
_________________________________
I didn't ask for your opinion, don't have to tell me so much lol
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....
Veron_teo
1,492 posts
Posted by Veron_teo > 2019-06-03 19:16 | Report Abuse
u all know one stock called perisai aka kanasai?