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

0.05 - 0.05

Trading Volume

15,000


20 people like this.

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

wendyuong

2,126 posts

Posted by wendyuong > 2019-07-18 14:59 | Report Abuse

Hahaha I should chase Focus dynamic instead

kianweng123

2,690 posts

Posted by kianweng123 > 2019-07-18 15:09 | Report Abuse

chase smtrack

wendyuong

2,126 posts

Posted by wendyuong > 2019-07-18 15:19 | Report Abuse

So headaches

kianweng123

2,690 posts

Posted by kianweng123 > 2019-07-18 15:20 | Report Abuse

ya headches

wendyuong

2,126 posts

Posted by wendyuong > 2019-07-18 15:30 | Report Abuse

Close shop kakakaka

kianweng123

2,690 posts

Posted by kianweng123 > 2019-07-18 15:39 | Report Abuse

i dont wan see any more missing 1month

wendyuong

2,126 posts

Posted by wendyuong > 2019-07-18 15:44 | Report Abuse

Me too seriously

wendyuong

2,126 posts

Posted by wendyuong > 2019-07-18 15:44 | Report Abuse

:(((

kianweng123

2,690 posts

Posted by kianweng123 > 2019-07-18 15:45 | Report Abuse

every day see also no mood

Posted by newbieinvestor08 > 2019-07-18 15:46 | Report Abuse

why these few days the klci kept down one

Posted by pepsicola1012 > 2019-07-18 15:47 | Report Abuse

trade war might resume , and oil price drop , might be the cause of red sea everywhere , dow jones also declined ....

Posted by newbieinvestor08 > 2019-07-18 15:47 | Report Abuse

all red.... ang ang hai si lang

Posted by newbieinvestor08 > 2019-07-18 15:48 | Report Abuse

china hongkong us all down ....

kianweng123

2,690 posts

Posted by kianweng123 > 2019-07-18 15:50 | Report Abuse

very sien

Newbiesky

792 posts

Posted by Newbiesky > 2019-07-18 15:53 | Report Abuse

t800 can get at 0.055 sens dy. his wish come true
haha

kianweng123

2,690 posts

Posted by kianweng123 > 2019-07-18 15:54 | Report Abuse

cant get la no people selling

wendyuong

2,126 posts

Posted by wendyuong > 2019-07-18 15:54 | Report Abuse

Poor him Scomi PN17

kianweng123

2,690 posts

Posted by kianweng123 > 2019-07-18 15:55 | Report Abuse

hope later have people sapu 0.06

Posted by T800Terminator > 2019-07-18 15:59 | Report Abuse

Now downtrend, nobody want to catch falling knife at 0.055. I rather wait at 0.04. Follow white knight never die. Kikikiki.

Posted by Chunkit Yip > 2019-07-18 16:01 | Report Abuse

0.04 is super vip price,you think you can get..haha

kianweng123

2,690 posts

Posted by kianweng123 > 2019-07-18 16:10 | Report Abuse

T800 good 0.065 q at 0.055 now 0.055 q at 0.04 Wtf are you kinding me?

Chan Cy

318 posts

Posted by Chan Cy > 2019-07-18 16:11 | Report Abuse

he is joker ,,just dont want to buy only

Posted by T800Terminator > 2019-07-18 16:14 | Report Abuse

No catalyst won’t go up la. Face the reality la. Petronas also don’t want Barakah. Who going to give business then? Check the remaining job on hand la. How much left, can survive for how long? If today close at 0.055, next week will down dive again la. So I can wait....0.04 is a bargain la. Oddddd you stuck?

kianweng123

2,690 posts

Posted by kianweng123 > 2019-07-18 16:19 | Report Abuse

T800 do you know barakah project on hand? pan malaysia project aleast have 5year sapura project 3year and haven't announce project how can petronas project only little bit only.

kianweng123

2,690 posts

Posted by kianweng123 > 2019-07-18 16:20 | Report Abuse

T800 dont know dont talk kok

kianweng123

2,690 posts

Posted by kianweng123 > 2019-07-18 16:20 | Report Abuse

go find this two year all news

kianweng123

2,690 posts

Posted by kianweng123 > 2019-07-18 16:21 | Report Abuse

barakah have pan malaysia support so lecca wan to go in

wendyuong

2,126 posts

Posted by wendyuong > 2019-07-18 16:24 | Report Abuse

T800 I’m so tired argue with u.... wakaka

kianweng123

2,690 posts

Posted by kianweng123 > 2019-07-18 16:25 | Report Abuse

KUALA LUMPUR: Barakah Offshore Petroleum Bhd has bagged a Farm-In Agreement from IPC Malaysia BV. The contract is for Barakah to provide maintenance, construction and modification services in the oil and gas fields offshore of Peninsular Malaysia to IPC Malaysia’s client, Pan Malaysia.

The tenure of the contract is from November 2018 to July 2023.

However, there is no firm contract value mentioned in the filing with Bursa Malaysia.

“The total value of the contract is not fixed and will depend on the actual scope based on work orders to be issued by the client from time to time throughout the duration of the contract. The contract duration is from Nov 22, 2018, to July 10, 2023, in accordance with the terms and conditions of the contract,” Barakah said in the filing.

Barakah said the contract is expected to contribute positively towards the group’s earnings and net assets per share for the contract duration.

Barakah’s share price rose half a sen, or 5%, to 10.5 sen, with a market capitalisation of RM87.76 million. The counter saw some 24.77 million shares traded. The shares have fallen about 60.38% over the past year.

kianweng123

2,690 posts

Posted by kianweng123 > 2019-07-18 16:26 | Report Abuse

In a Bursa Malaysia filing yesterday, Barakah said the total value of the contract was not fixed and would depend on work orders to be issued by the client from time to time throughout the duration of the contract

PETALING JAYA: Barakah Offshore Petroleum Bhd has been awarded a five-year contract for maintenance, construction and modification work by Petrofac (Malaysia-PM304) Ltd.

In a Bursa Malaysia filing yesterday, Barakah said the total value of the contract was not fixed and would depend on work orders to be issued by the client from time to time throughout the duration of the contract.


The contract duration is for five years effective from July 17, 2018.

“The contract will generally include maintenance, construction and modification work for structures and facilities for the client’s oil and gas fields offshore peninsular Malaysia.”

kianweng123

2,690 posts

Posted by kianweng123 > 2019-07-18 16:28 | Report Abuse

KUALA LUMPUR: Barakah Offshore Petroleum Bhd has won a five-year maintenance contract awarded by Hess Exploration and Production Malaysia BV.

The scope of the contract covers maintenance, construction and modification work for structures and facilities located offshore Peninsular Malaysia.

“The total value of the contract is not fixed and will depend on the actual scope agreed in work orders to be issued by the client from time to time throughout the duration of the contract. Barakah said.

The contract duration is for five years effective from July 17, 2018.

kianweng123

2,690 posts

Posted by kianweng123 > 2019-07-18 16:29 | Report Abuse

KUALA LUMPUR: Barakah Offshore Petroleum Bhd has secured a five-year contract to provide maintenance, construction and modification (MCM) services for Sapura Energy Bhd’s oil and gas fields off Peninsular Malaysia.

Its wholly-owned unit PBJV Group Sdn Bhd won the job from Sapura Exploration and Production Inc to provide the services from 2018 to 2023, said Barakah in a stock exchange filing.

The contract that started on July 11 has no fixed value and will be based on work orders that will be issued by the client from time to time, said Barakah.

The group expects positive contributions from the contract towards the earnings and net assets per share of the group for the duration of the contract.

“These contracts are expected to contribute positively to the group’s bottom line and replenish our order book, while keeping us occupied for the next five years,” Barakah chief executive officer Nik Hamdan Daud said in a separate statement.

“Moving forward, we believe 2019 will be an exciting year for us as more oil and gas projects are expected to come on stream following a recovery in the sector,” he said.

Barakah’s share price rose 1.5 sen or 10% to close at 16.5 sen yesterday, with a market capitalisation of RM136.36 million

kianweng123

2,690 posts

Posted by kianweng123 > 2019-07-18 16:29 | Report Abuse

T800 why dont do homework aleast 4 company sign with barakah means? no project to do? buzy barakah

Posted by newbieinvestor08 > 2019-07-18 16:31 | Report Abuse

kianweng123 like machine gun aneh lol

kianweng123

2,690 posts

Posted by kianweng123 > 2019-07-18 16:34 | Report Abuse

let t800 learning

wendyuong

2,126 posts

Posted by wendyuong > 2019-07-18 16:35 | Report Abuse

Fire ball shoot shoot... :-p

Posted by T800Terminator > 2019-07-18 16:36 | Report Abuse

Yeke. Why Q1 revenue only 50M? Do you think revenue 50M enough for operating cost? This is the fact.

kianweng123

2,690 posts

Posted by kianweng123 > 2019-07-18 16:37 | Report Abuse

this few month i study all barakah news i know white knight why put in money for barakah

Posted by T800Terminator > 2019-07-18 16:40 | Report Abuse

Revenue 50M loss 40M at Q119, revenue 70M loss 21M at Q418. What is the operating cost you guess? So if no revenue 150M Barakah won’t make money. If no make money how to pay loan interest?

kianweng123

2,690 posts

Posted by kianweng123 > 2019-07-18 16:42 | Report Abuse

that why barakah need bid project oversea

Newbiesky

792 posts

Posted by Newbiesky > 2019-07-18 16:42 | Report Abuse

then why are u still interested in barakah?

kianweng123

2,690 posts

Posted by kianweng123 > 2019-07-18 16:43 | Report Abuse

petronas only give less money now go oversea bid project maybe can earn more

kianweng123

2,690 posts

Posted by kianweng123 > 2019-07-18 16:45 | Report Abuse

now white knight come in put in cash so barakah can do more project and dispore so useless thing will show green qr next year

wendyuong

2,126 posts

Posted by wendyuong > 2019-07-18 16:46 | Report Abuse

Bid America project, China, Middle East...

Posted by newbieinvestor08 > 2019-07-18 16:49 | Report Abuse

now no one want to sell or buy keep waiting and watching the movie only

Newbiesky

792 posts

Posted by Newbiesky > 2019-07-18 16:51 | Report Abuse

but its OK ka. t800 got his own opinion, sometime opposite opinion is useful also, at least he provide some insight to us on how he view it

Newbiesky

792 posts

Posted by Newbiesky > 2019-07-18 16:51 | Report Abuse

its up to use whether to listen or not to listen his opinion. chill ya all

Newbiesky

792 posts

Posted by Newbiesky > 2019-07-18 16:51 | Report Abuse

us*

kianweng123

2,690 posts

Posted by kianweng123 > 2019-07-18 16:53 | Report Abuse

end of the day 0.055

kianweng123

2,690 posts

Posted by kianweng123 > 2019-07-18 16:53 | Report Abuse

hope any bad news come out today

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