Posted by Chunkit Yip > 2019-07-08 18:04 | Report Abuse

If barakah will share consolidate, management also need buy more share in low price to increase share percentage their hold.

Posted by Chunkit Yip > 2019-07-08 18:05 | Report Abuse

News will come out very soon.. trading volume start increase..

Posted by BigPro > 2019-07-08 19:19 | Report Abuse

News out....

https://www.klsescreener.com/v2/announcements/view/29080280

Posted by kianweng123 > 2019-07-08 19:26 | Report Abuse

how to say？

Posted by kianweng123 > 2019-07-08 19:35 | Report Abuse

game start or game over？

Posted by wendyuong > 2019-07-08 19:36 | Report Abuse

What’s this new mean ?

Posted by analiser > 2019-07-08 19:37 | Report Abuse

is it good news or bad news

Posted by wendyuong > 2019-07-08 19:40 | Report Abuse

Proposal many thing

Posted by InvestsucessTrader > 2019-07-08 19:50 | Report Abuse

Finally the white knight comes in, For the moments the share price will stay above o.45cts, as the placement shares is 0.04cts. The regularisation plan are already in place as announce. that is good news.

Posted by wendyuong > 2019-07-08 19:53 | Report Abuse

Yeah :-p Lecca company is the Whiteknight right Sucesstrader?

Posted by wendyuong > 2019-07-08 19:54 | Report Abuse

I’m reading now. And understand a little bit. :-p Thank God White Knight are appear!

Posted by kianweng123 > 2019-07-08 19:59 | Report Abuse

White knight is lecca？ look like barakah son comoany

Posted by Newbiesky > 2019-07-08 20:00 | Report Abuse

Hmmm, but still, it need to get approval from Sc rite? anyone mind made a summary on the deal? don't really understand

Posted by kianweng123 > 2019-07-08 20:00 | Report Abuse

不會看就Google

Posted by InvestsucessTrader > 2019-07-08 20:07 | Report Abuse

SC definetly approve one la,

Posted by wendyuong > 2019-07-08 20:07 | Report Abuse

Read slowly. First A Proposed reduction of the issue share capital Barakah pursuant to Section 116 of the Companies Act 2016 ( Proposed Share Capital Reduction). Meaning dispose the share to Lecca!

Posted by InvestsucessTrader > 2019-07-08 20:09 | Report Abuse

After regularisation the company is healthy and free of debts,

Posted by wendyuong > 2019-07-08 20:12 | Report Abuse

b : Propose disposal of a pipelay barge. Which is a marine vessel that is primarily used for laying of Pipes underwater owned by KL101 ( Pipe Lay Barge) to Lecca Group Pte Ltd (Lecca) for a total cash consideration of USd 21 million ( Proposed disposal) Meaning Bakarah willing transfer Pipe Lay Barge to Lecca for 21 million USD..

Posted by wendyuong > 2019-07-08 20:14 | Report Abuse

Newbiesky slowly check your dictionary. You will understand... :-p

Posted by InvestsucessTrader > 2019-07-08 20:14 | Report Abuse

Yes,

Posted by wendyuong > 2019-07-08 20:15 | Report Abuse

Sunshine are coming, :-)))))

Posted by kianweng123 > 2019-07-08 20:16 | Report Abuse

PP 0.04 i think someone cant collect below 0.045

Posted by Newbiesky > 2019-07-08 20:16 | Report Abuse

thanks thanks, but it mention, will issue new shares at 4 sens to lecca, so, doesn't it means that the share will be further diluted?

Posted by Newbiesky > 2019-07-08 20:17 | Report Abuse

@investsuccess, based on ur opinon, will the share price drop to 4 sens since new share will be issued at 4 sens to lecca

Posted by wendyuong > 2019-07-08 20:17 | Report Abuse

Hahaha I think white knight will collect it. That’s why normal investor can’t jump pin

Posted by Chan Cy > 2019-07-08 20:20 | Report Abuse

cut loss better?capital reduction le wei !

Posted by Chan Cy > 2019-07-08 20:23 | Report Abuse

全部对公司好对小股东不好啊！

Posted by InvestsucessTrader > 2019-07-08 20:23 | Report Abuse

Normally the share price will stay above the PP price a few cts, Like ekovest the PP is 0.72 the share price is around 0.78cts,

Posted by kianweng123 > 2019-07-08 20:25 | Report Abuse

對小股東不好 就變成大股東

Posted by Newbiesky > 2019-07-08 20:26 | Report Abuse

chan cy, cut loss, but seems like will loss quite alot wor if cut. unless, need money lo

Posted by Newbiesky > 2019-07-08 20:26 | Report Abuse

@invest, ekovest sad story Leh. huhu

Posted by wendyuong > 2019-07-08 20:29 | Report Abuse

Chan CY why we have to cut lot when the management already come out the plan?

Posted by Chan Cy > 2019-07-08 20:29 | Report Abuse

lecca bought 0.04 few cent just assume we let it 0.06, but capital reduction share will dilute maybe 10:1 , 5:1 ,crying!

Posted by InvestsucessTrader > 2019-07-08 20:29 | Report Abuse

why sad story?

Posted by wendyuong > 2019-07-08 20:30 | Report Abuse

@Invest what’s mean Ekovest The PP is 0.72

Posted by Chan Cy > 2019-07-08 20:31 | Report Abuse

股权稀释10股变 1 ，5变1

Posted by wendyuong > 2019-07-08 20:32 | Report Abuse

Huhuhu.. is good new why people still crying

Posted by Newbiesky > 2019-07-08 20:35 | Report Abuse

capital reduction means , the share in our hand will decrease. that's why its rugi to us, but still depends on how's the long term development ba

Posted by Newbiesky > 2019-07-08 20:36 | Report Abuse

@wendyuong, pp means private placement. means, issue new share to private person.

Posted by Newbiesky > 2019-07-08 20:36 | Report Abuse

@invest, today melt down lur, that's why sad story. not sure gonna stuck how long inside

Posted by wendyuong > 2019-07-08 20:37 | Report Abuse

Hmmm... The share have to decrease the the White Knight want to buy cheap stock ma.

Posted by wendyuong > 2019-07-08 20:38 | Report Abuse

Ah thank you Newbiesky! :-p Never u have me stuck with u in ekovest! Learn from our mistake don’t chase high lo.

Posted by Newbiesky > 2019-07-08 20:40 | Report Abuse

that's why, for us, seems like not good lo. but again, for me, it depends on how's the long term development Ba.

Posted by InvestsucessTrader > 2019-07-08 20:40 | Report Abuse

Capital reduction means the par value of the share ,let say the IPO is 0.50 per share, now become less maybe 0.25cts.It will not affect the share price.Let say when the IPO time the capital is RM500millions, now is reduce to RM 250millions.

Posted by Chan Cy > 2019-07-08 20:43 | Report Abuse

will not affect share price but will affect ur number of share holding-_-

Posted by InvestsucessTrader > 2019-07-08 20:44 | Report Abuse

#newbiesky, Ekovest will recover in a few days, You will not lose money in ekovest if you can hold for a few weeks,

Posted by InvestsucessTrader > 2019-07-08 20:48 | Report Abuse

I think it doesn't affect our shares holding, It doesn't said (shares consolidation) Or 10 to 1, 5 to 1

Posted by Newbiesky > 2019-07-08 20:49 | Report Abuse

so it is advisable to wait for after reduction, then only we buy in more share rite? if wanna buy la

Posted by Newbiesky > 2019-07-08 20:49 | Report Abuse

@invest, hopefully, hopefully.

Posted by wendyuong > 2019-07-08 20:52 | Report Abuse

@invest I and Newbiesky hopefully Ekovest will rebound soon... :)