BARAKAH OFFSHORE PETROLEUM BHD

KLSE (MYR): BARAKAH (7251)

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Last Price

0.05

Today's Change

0.00 (0.00%)

Day's Change

0.045 - 0.05

Trading Volume

1,565,800


20 people like this.

16,346 comment(s). Last comment by Kotaro 1 week ago

wendyuong

2,126 posts

Posted by wendyuong > 2019-07-01 16:00 | Report Abuse

Wakaka agree with blacksmith! So how long do we need to wait??? Wakaja

Posted by InvestsucessTrader > 2019-07-01 16:05 | Report Abuse

many selling because they need the money to buy others stock. cannot tahan to see others going up,

Posted by pepsicola1012 > 2019-07-01 16:06 | Report Abuse

@investsucessTrader , do you think IKHMAS can hold or for shorterm goreng ?

blacksmith

208 posts

Posted by blacksmith > 2019-07-01 16:07 | Report Abuse

@wendyuong I think the people who queue to sell at 0.055 is actually the one who bought at 0.05.

I’m amused that they are happy with that meager profit. Lol

Posted by InvestsucessTrader > 2019-07-01 16:09 | Report Abuse

## Pepsi, Just going to starts ,

Posted by InvestsucessTrader > 2019-07-01 16:11 | Report Abuse

#Pepsi, If you bought on friday at 0.195 then maybe you can take profit at 0.23cts, Good enough 0.035cts,

wendyuong

2,126 posts

Posted by wendyuong > 2019-07-01 16:12 | Report Abuse

Blacksmith ah okok. Hahahha sometimes 9% is good enough! Never mind that’s their choices :-)

Posted by pepsicola1012 > 2019-07-01 16:31 | Report Abuse

@investsuccT nahhh , i did not , i just in @ 0.225 , but not much

kianweng123

2,690 posts

Posted by kianweng123 > 2019-07-01 16:34 | Report Abuse

end of the day tomorrow trump will say tradr war all going down

Ooddd

918 posts

Posted by Ooddd > 2019-07-01 16:38 | Report Abuse

Folks..party everywhere...any good news from my friend old?

wendyuong

2,126 posts

Posted by wendyuong > 2019-07-01 16:46 | Report Abuse

Wakak Maybe tomorrow will going down

siaoliao

917 posts

Posted by siaoliao > 2019-07-01 16:58 | Report Abuse

wendyuong Wakak Maybe tomorrow will going down
+1

wendyuong

2,126 posts

Posted by wendyuong > 2019-07-01 19:04 | Report Abuse

Yeah Siaiao! Hope not but expect coming ;-p

wendyuong

2,126 posts

Posted by wendyuong > 2019-07-01 19:16 | Report Abuse

What’s mean Default in Paymend to Paragraph 9.19A? :-p

Posted by Chunkit Yip > 2019-07-01 19:16 | Report Abuse

Got announcement... asked your wait

wendyuong

2,126 posts

Posted by wendyuong > 2019-07-01 19:22 | Report Abuse

Chunkit May I ask know what’s mean default in Payment...

Newbiesky

792 posts

Posted by Newbiesky > 2019-07-01 19:25 | Report Abuse

default in payment means u didn't pay the money owed

Posted by Chunkit Yip > 2019-07-01 19:27 | Report Abuse

Normal anounment for pn company lah, monthly requirement,daya also had this kind of anounment

kianweng123

2,690 posts

Posted by kianweng123 > 2019-07-01 19:50 | Report Abuse

no money to pay

wendyuong

2,126 posts

Posted by wendyuong > 2019-07-01 19:50 | Report Abuse

Ah okok Newbiesky,Chunkit! Waiting lo

Posted by InvestsucessTrader > 2019-07-01 19:54 | Report Abuse

KLSE gave 1 year, still got 10 months to restructure ,no worry,

Chan Cy

318 posts

Posted by Chan Cy > 2019-07-01 21:55 | Report Abuse

wont stuck if people willing to buy at @0.055

kianweng123

2,690 posts

Posted by kianweng123 > 2019-07-01 22:14 | Report Abuse

Reference is made to the announcement made by the Company on 21 May 2019 in relation to the default in payment pursuant to Paragraph 9.19A of the Listing Requirements. The Board wishes to inform that the loan facility is still in default as at the date of this announcement. The Board is still in midst of formulating a plan to regularise its financial conditions that will include proposals to address this default.



Further announcement will be made as and when necessary to Bursa Securities with regards to the development of the above matter.

kianweng123

2,690 posts

Posted by kianweng123 > 2019-07-01 22:15 | Report Abuse

The Board of Directors wishes to inform that the Company is in the midst of formulating a plan to regularise its financial conditions (“Regularisation Plan”). The Company has approximately ten (10) months to submit its Regularisation Plan to the relevant authorities for approval.



Further announcement will be made to Bursa Securities with regards to the development of the Regularisation Plan in due course.

kianweng123

2,690 posts

Posted by kianweng123 > 2019-07-01 22:15 | Report Abuse

lagi ada 10month

ksham

37 posts

Posted by ksham > 2019-07-01 22:24 | Report Abuse

so it is possible we need to wait for another 10 months... right?

Chan Cy

318 posts

Posted by Chan Cy > 2019-07-01 22:51 | Report Abuse

no ,plan will finalised and completed at end of this year as promised. Further detail about white knight will released before end of sept

ksham

37 posts

Posted by ksham > 2019-07-01 23:13 | Report Abuse

ohhh... understand.. thanks

FatRat93

146 posts

Posted by FatRat93 > 2019-07-01 23:55 | Report Abuse

why you guys bought barakah? look at yearly report keep on have losses...

Posted by Chunkit Yip > 2019-07-02 08:32 | Report Abuse

Management very happy due to many people cut loss go to another counter goreng.This counter must patient lah,another counter may be got 20 or 30 percentage profit, this may be loss or 200 or 300 percentage profit.

Posted by Chunkit Yip > 2019-07-02 08:36 | Report Abuse

Is not wrong, mr hamdan still hold over 10 percentage share, if barakah will delisted,why he still hold?sapura got more new contact will benefits barakah,no any anounment?

Posted by Chunkit Yip > 2019-07-02 08:39 | Report Abuse

They won't let the price up before the good news out, buyer at 0.05 and seller at 0.055 is same person lah,later good news out,block will automatic disappear.

kianweng123

2,690 posts

Posted by kianweng123 > 2019-07-02 09:58 | Report Abuse

i think this month will fly

kianweng123

2,690 posts

Posted by kianweng123 > 2019-07-02 09:59 | Report Abuse

better slow slow go up

wendyuong

2,126 posts

Posted by wendyuong > 2019-07-02 10:40 | Report Abuse

Thank u Investsucesstrader! Worry also no use. :-)

Posted by InvestsucessTrader > 2019-07-02 10:50 | Report Abuse

#Pepsicola, I think you can take profit now at 0.235-24cts, already too fast up 25% (Ikhmas)

Posted by pepsicola1012 > 2019-07-02 10:52 | Report Abuse

@invstSuccTr , u mean to cut now ? dnt hold ?

Posted by InvestsucessTrader > 2019-07-02 10:53 | Report Abuse

Yes,sell now ,later buy back at lower price,

Posted by pepsicola1012 > 2019-07-02 10:58 | Report Abuse

@InvtSuccTr , are u in veles ?

Posted by InvestsucessTrader > 2019-07-02 11:00 | Report Abuse

No, Now trading at Huan,

Posted by pepsicola1012 > 2019-07-02 11:10 | Report Abuse

@invstSucTr - now good price to go in ? 0.185

Posted by InvestsucessTrader > 2019-07-02 11:19 | Report Abuse

#pepsi, Its up to you, Only 2 choices, Queue or buy, I don't think you can get 0.18ct, You van try queue,

wendyuong

2,126 posts

Posted by wendyuong > 2019-07-02 11:37 | Report Abuse

Investsucesstrader May I ask what’s the effect Huan will go up?

Posted by InvestsucessTrader > 2019-07-02 11:46 | Report Abuse

# Wendy, In my opinion Huan will do some catch up as last year ,sapura,Armada, Huan are at around 0.35cts, and even KNM is only 0.15cts. But today Huan is the Laggard and the best in term of profit every QR. (the other 3 are loses)

Newbiesky

792 posts

Posted by Newbiesky > 2019-07-02 12:28 | Report Abuse

investsucess, u promote huaan Gao Gao arh. will monitor the price

wendyuong

2,126 posts

Posted by wendyuong > 2019-07-02 16:20 | Report Abuse

Seriously still force selling :;

wendyuong

2,126 posts

Posted by wendyuong > 2019-07-02 16:21 | Report Abuse

:-(

Posted by Chunkit Yip > 2019-07-02 16:50 | Report Abuse

I don't think so, now barakah like run marathon,everyday got people give out and cut loss. Because management don't tell you still how long distance this marathon will finish.

Posted by Chunkit Yip > 2019-07-02 16:53 | Report Abuse

If people buy low price at this counter,just cut loss 10 or 15 percentage,if barakah trap at higher price at this counter,no choice lah,just wait the good news out and the price will recover back very soon loh

wendyuong

2,126 posts

Posted by wendyuong > 2019-07-02 19:18 | Report Abuse

Agree with u Chunkit. We enter to high price. Can’t do any now, The thing here’s the management don’t give us any hint, lol

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