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

Posted by T800Terminator > 2019-07-09 20:26 | Report Abuse

Sold 50% of my holdings at 0.06. Tomorrow sell again of hit 0.065. Buy back later ok

Posted by InvestsucessTrader > 2019-07-09 20:28 | Report Abuse

Suddenly they appear to give free advice from nowhere, then you must know they want the price to drops so they can buy.they already miss the train. You must beware stranger give you free lunch. Why nobody ask us to sell the last 3 months when it is 0.04-0.05cts?.When the white knight appeared and price rose they ask you to sell.

Alert003

93 posts

Posted by Alert003 > 2019-07-09 20:29 | Report Abuse

Yeas wendyuong, we all just look at the facts.

wendyuong

2,126 posts

Posted by wendyuong > 2019-07-09 20:30 | Report Abuse

Investsucesstrader That’s why I’m so tired talk to them. :-p

Posted by Chunkit Yip > 2019-07-09 20:36 | Report Abuse

Is this someone can give some info about lecca background..

Posted by InvestsucessTrader > 2019-07-09 20:49 | Report Abuse

This regularisation will be quite fast as today they had already call for a meeting for creditors at the end of July,( barakah website)

paulthesotong

2,774 posts

Posted by paulthesotong > 2019-07-09 20:53 | Report Abuse

The sole shld of lecca lim chong ping???

Newbiesky

792 posts

Posted by Newbiesky > 2019-07-09 20:54 | Report Abuse

I guess priCE will not move until they announce the outcome of the meeting?

Posted by InvestsucessTrader > 2019-07-09 21:02 | Report Abuse

previously they had already agreed the formula, now is official from high court order meeting.

kianweng123

2,690 posts

Posted by kianweng123 > 2019-07-09 21:17 | Report Abuse

wait this end of month sure some Storie diffent

Posted by T800Terminator > 2019-07-09 21:55 | Report Abuse

Tomorrow back to 0.05?

kianweng123

2,690 posts

Posted by kianweng123 > 2019-07-09 22:04 | Report Abuse

see how la i bet 0.06 above

taloha

206 posts

Posted by taloha > 2019-07-09 22:05 | Report Abuse

what i predict is the flow would be uplift from pn17, appeal on petronas suspension, appeal successfully. the management team got good connection wif petronas lol

Alert003

93 posts

Posted by Alert003 > 2019-07-09 22:08 | Report Abuse

0.05sen seem impossible as main news already digested in the trade today, white knight offset petronas contract, then the latest news is about the deal of the debt, which public already know barakah is in Pn17 that's why price drop from 10sen to 5sen at few months ago. The latest news and the white knight bring hopes for barakah to out from PN17. that's what I see

wendyuong

2,126 posts

Posted by wendyuong > 2019-07-09 22:32 | Report Abuse

I don’t think will drop below 0.06! Cause White Knight already come out. Now just go through the document...

wendyuong

2,126 posts

Posted by wendyuong > 2019-07-09 22:33 | Report Abuse

T800 u happy drop back so that u can collect some right ! Waksks

kianweng123

2,690 posts

Posted by kianweng123 > 2019-07-09 22:55 | Report Abuse

no hope go 0.05 please see 0.055 blocking

Chan Cy

318 posts

Posted by Chan Cy > 2019-07-10 04:04 | Report Abuse

wendyuong go google lecca pte ltd got official website

Chan Cy

318 posts

Posted by Chan Cy > 2019-07-10 04:09 | Report Abuse

tdy will close 0.7 just ignore the petronas news

kianweng123

2,690 posts

Posted by kianweng123 > 2019-07-10 07:00 | Report Abuse

0.7??

DON_JUAN

1,488 posts

Posted by DON_JUAN > 2019-07-10 07:09 | Report Abuse

Ptronas throw cold water to Dying Barakah
Finish liao

sheep

3,849 posts

Posted by sheep > 2019-07-10 07:41 | Report Abuse

due to recent announcement (suspension of licence), Will Lecca call off the deal?

Posted by Chunkit Yip > 2019-07-10 07:46 | Report Abuse

I see your comment that i know you just take note for this counter loh, Lecca is based on Singapore company,they try to bid international contract,like China and Arab contact. You see why serbadk make profit even previous time oil price drop, because got a lot of contract at Arab and dif country loh.

Posted by Chunkit Yip > 2019-07-10 07:48 | Report Abuse

So why cooperate with Alliance and Min sheng,i think Lecca should have some relationship with them loh

Posted by Chunkit Yip > 2019-07-10 07:50 | Report Abuse

Petronas case like Mc donald no sell ice cream only,not burger lah

Posted by Chunkit Yip > 2019-07-10 07:54 | Report Abuse

Some people buy house want buy 100% fully construction,so they always buy expensive one. But some people like buy semi construction one, because got a lot of discount for the selling price. Same with barakah situation lah..haha

kianweng123

2,690 posts

Posted by kianweng123 > 2019-07-10 07:57 | Report Abuse

the question is petronas not main custom for barakah only small project give barakah pan malaysia is big customer and new customer is sapura

Mabel

23,976 posts

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

KUALA LUMPUR: Shares in Barakah Offshore Petroleum Bhd rose 18% on Tuesday after it found a white knight, Singapore’s Lecca Group Ptd Ltd, to revive the company.

Read more at https://www.thestar.com.my/business/business-news/2019/07/09/quick-take-white-knight-rides-to-barakah-rescue-shares-soar/#CwqRJpGff5LQatYQ.99

kianweng123

2,690 posts

Posted by kianweng123 > 2019-07-10 07:59 | Report Abuse

if barakah no project no work you think White knight pump the money? Only pan malaysia given barakah jobs also can eat 5 year

wendyuong

2,126 posts

Posted by wendyuong > 2019-07-10 08:00 | Report Abuse

I think Lecca already know the case. They why Barakah dare to propose to Lecca. Nothing to worry!

kianweng123

2,690 posts

Posted by kianweng123 > 2019-07-10 08:00 | Report Abuse

if china and arab have new project more buzy barakah

kianweng123

2,690 posts

Posted by kianweng123 > 2019-07-10 08:02 | Report Abuse

Barakah said it will seek clarification from Petronas and appeal against the suspension.

this is main point

Mabel

23,976 posts

Posted by Mabel > 2019-07-10 08:23 | Report Abuse

Yesterday Barakah soar 18%. All we need is continue sharing good news..

kktoo11

5 posts

Posted by kktoo11 > 2019-07-10 08:28 | Report Abuse

Barakah will back to his glory time rm1

rr88

6,532 posts

Posted by rr88 > 2019-07-10 08:31 |

Post removed.Why?

rr88

6,532 posts

Posted by rr88 > 2019-07-10 08:34 | Report Abuse

Market wizards say when it moves against you, admit yr mistake n get out. If you r not willing to absorb losses, one of these days you will get hit by mother of all losses.

Posted by InvestsucessTrader > 2019-07-10 08:36 | Report Abuse

Even seacera and london biscuit without white knight are around 0.20cts, Barakah with white knight only at 0.06cts.Too cheap to miss the opportunity to make big money.

Posted by toffeemoose > 2019-07-10 08:37 | Report Abuse

congrats to those who collected below 6 cents past few weeks....at least now can make some money...i know i do.

for those who keep harping 1 cents all this while, please queue at 1 cents or dun buy.

thanks

Posted by InvestsucessTrader > 2019-07-10 08:45 | Report Abuse

Just ignore the 1cts hyena who suddenly appears from the forum threads ,whose always posted nonsence. ( comments history)

Ron90

4,094 posts

Posted by Ron90 > 2019-07-10 08:51 | Report Abuse

.. it all depend on what Lecca gonna do with barakah?..split it, absorb it, or sell profitable segment to can recover their investment..thats really matters.

kianweng123

2,690 posts

Posted by kianweng123 > 2019-07-10 08:51 | Report Abuse

open by0.055

kianweng123

2,690 posts

Posted by kianweng123 > 2019-07-10 09:01 | Report Abuse

today uwc show

moneypedia

5,987 posts

Posted by moneypedia > 2019-07-10 09:10 | Report Abuse

Stock: [BARAKAH]: BARAKAH OFFSHORE PETROLEUM BHD

Jul 9, 2019 9:34 AM | Report Abuse

hover or close around 5.5 - 6.5 sen, we will see
___________________________________________________________

so close .06. i like to see today closing, down or up...interesting...maybe....a bit lower...

kianweng123

2,690 posts

Posted by kianweng123 > 2019-07-10 09:14 | Report Abuse

i think cant break 0.055

wendyuong

2,126 posts

Posted by wendyuong > 2019-07-10 09:15 | Report Abuse

Let’s see this 31/7

Posted by pepsicola1012 > 2019-07-10 09:35 | Report Abuse

Barakah 1 day show

tai yee

697 posts

Posted by tai yee > 2019-07-10 09:36 | Report Abuse

hah.... withered already...

wendyuong

2,126 posts

Posted by wendyuong > 2019-07-10 09:45 | Report Abuse

Hahaha patience lo

Ron90

4,094 posts

Posted by Ron90 > 2019-07-10 09:49 | Report Abuse

back to square 1... might getting lower..pity for those who didnt sell at > 7 cents

kianweng123

2,690 posts

Posted by kianweng123 > 2019-07-10 09:50 | Report Abuse

wont 1 day show today have show you what is powrr

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