BARAKAH OFFSHORE PETROLEUM BHD

KLSE (MYR): BARAKAH (7251)

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Last Price

0.065

Today's Change

-0.005 (7.14%)

Day's Change

0.065 - 0.075

Trading Volume

5,211,400


20 people like this.

16,320 comment(s). Last comment by zulmuiz 5 days ago

DasWack

513 posts

Posted by DasWack > 2019-07-31 19:09 | Report Abuse

Need wait again.....

DasWack

513 posts

Posted by DasWack > 2019-07-31 19:10 | Report Abuse

At least not rejected la, see what new plan they will come up with

W0099

794 posts

Posted by W0099 > 2019-07-31 19:12 | Report Abuse

.... :-( Grrrr Barakah why don’t do work properly

DasWack

513 posts

Posted by DasWack > 2019-07-31 19:13 | Report Abuse

Maybe they didnt expect the suspension of petronas during the planning of the regulatisation plan

Posted by Trader Invest > 2019-07-31 19:15 | Report Abuse

Then when they want to propose new one? Another month?

DasWack

513 posts

Posted by DasWack > 2019-07-31 19:16 | Report Abuse

Not sure bro, hope it is ASAP

kianweng123

2,690 posts

Posted by kianweng123 > 2019-07-31 19:18 | Report Abuse

dead already my hopeless already

Posted by pepsicola1012 > 2019-07-31 19:19 | Report Abuse

Plan to cut lost ? @kian

W0099

794 posts

Posted by W0099 > 2019-07-31 19:23 | Report Abuse

I spend RM10K so I can afford to lose it. Kianweng if u borrow from your friend I think u should cut lost and pay your debt or invest different company.This is really too risky for u holding.. Poor everyone here!

W0099

794 posts

Posted by W0099 > 2019-07-31 19:27 | Report Abuse

See they can appeal Petronas ornt? Maybe the creditor want to ask for more from Barakah...

kianweng123

2,690 posts

Posted by kianweng123 > 2019-07-31 19:36 | Report Abuse

no eye see my bad feel become really tec view no good haizz keep untill end of the year

Posted by pepsicola1012 > 2019-07-31 19:38 | Report Abuse

I plan to give until year end , if still price . I will exit .

Posted by Chun Loke Low > 2019-07-31 19:47 | Report Abuse

This part "suspension of PBJV Group Sdn Bhd’s license, this had made it (challenging for the Company to implement the proposed scheme) presented to the Scheme Creditors".

If I were to read word by word and try to understand the actual meaning, this is scaring me hahahaha. It seems to me that the challenging part isn't creditors might reject the proposal if they were to put up the scheme for voting but something else in the scheme "suddenly" cannot proceed.

Newbiesky

792 posts

Posted by Newbiesky > 2019-07-31 19:48 | Report Abuse

should be reffering to lecca.

Posted by Chun Loke Low > 2019-07-31 19:50 | Report Abuse

So it's just not me thinking the same. That's why it's scaring me hahaha but I'm going for 0.04 queue tmr.

Happy3933

323 posts

Posted by Happy3933 > 2019-07-31 19:50 | Report Abuse

Lecca pulling out ???

sheep

3,847 posts

Posted by sheep > 2019-07-31 19:53 | Report Abuse

me q at 0.03

W0099

794 posts

Posted by W0099 > 2019-07-31 19:54 | Report Abuse

Actually I want to exit during PN17. But my husband don’t me sell. He ask me learn from my mistakes and move on Lol. But ask me keep the stock no matter what... :(

W0099

794 posts

Posted by W0099 > 2019-07-31 19:55 | Report Abuse

Maybe 0.04

Posted by Chun Loke Low > 2019-07-31 19:55 | Report Abuse

Nobody knows what really happened yet. My interpretation is highly likely Lecca pulls out, it could be wrong though, just guessing.

Posted by T800Terminator > 2019-07-31 19:57 | Report Abuse

As I said earlier. Lecca didn’t expect petronas will suspend their license. So Lecca feel cheated. Who wanna buy a company with no sincerity management? Nobody listen to me when I try to help. As I said earlier, better invest in Alam. Got order book a Billion and restructured done. Sky clear. Put in money and wait for harvest.

Posted by birkincollector > 2019-07-31 19:57 | Report Abuse

some of the veterans here said that barakah don't need petronas, on the day when license was pulled....they said got big contract from sapura etc...see what happened?

Newbiesky

792 posts

Posted by Newbiesky > 2019-07-31 19:58 | Report Abuse

its scarring me too, but, its a lesson for me as well. for newbie, better don't touch this counter LOL.

W0099

794 posts

Posted by W0099 > 2019-07-31 19:58 | Report Abuse

Hahaha imagine

Posted by T800Terminator > 2019-07-31 20:00 | Report Abuse

You trust that guy who fake the Scomi PN17 announcement. As I said, this guy deserve to lose big time.

Posted by T800Terminator > 2019-07-31 20:01 | Report Abuse

Cut loss and move to Alam. 0.10 nia, or buy Alam son 0.05 only. Cheap cheap.

kianweng123

2,690 posts

Posted by kianweng123 > 2019-07-31 20:02 | Report Abuse

bad news come out all sifu coming out

Happy3933

323 posts

Posted by Happy3933 > 2019-07-31 20:02 | Report Abuse

Anyway, nobody knows what really happened, right ? Down, yes I agree...Out, not sure yet !

Posted by T800Terminator > 2019-07-31 20:04 | Report Abuse

This is anticipated bad news and nothing new to me if you spent RM7 to get the edge weekly newspaper

W0099

794 posts

Posted by W0099 > 2019-07-31 20:04 | Report Abuse

:(( never mind move on..

W0099

794 posts

Posted by W0099 > 2019-07-31 20:05 | Report Abuse

T800 as late u give real information

Posted by T800Terminator > 2019-07-31 20:08 | Report Abuse

Not even worth 0.04 now. No contract no white knight CEO and CFO cabut. Better drop to 0.01 this year end la. Habis cerita

Happy3933

323 posts

Posted by Happy3933 > 2019-07-31 20:11 | Report Abuse

Hahaha, T800, you are really angry with Barakah

Posted by T800Terminator > 2019-07-31 20:13 | Report Abuse

Nope. I’m telling the truth based on my experience on SAAG.

Posted by Chun Loke Low > 2019-07-31 20:15 | Report Abuse

Negatively, game over. White knight run, no contract and future prospects shit.

Positively, it's not Lecca's issue or even if Lecca calls for a hold, they could still negotiate and/or maybe Barakah could persuade Petronas to uplift the ban.

W0099

794 posts

Posted by W0099 > 2019-07-31 20:22 | Report Abuse

Barakah have to put triple effort or more to get of this over mess. Nothing isn’t easy when the management spoilt the reputation... :((

Posted by T800Terminator > 2019-07-31 20:23 | Report Abuse

It’s game over. Cut loss and get over it. Don’t like me delisted and holding 1M on hand. Painful you know.

kianweng123

2,690 posts

Posted by kianweng123 > 2019-07-31 20:29 | Report Abuse

i will take this for my lesion

kianweng123

2,690 posts

Posted by kianweng123 > 2019-07-31 20:30 | Report Abuse

lesson

W0099

794 posts

Posted by W0099 > 2019-07-31 20:35 | Report Abuse

t800 I don’t have a choices

W0099

794 posts

Posted by W0099 > 2019-07-31 20:48 | Report Abuse

Prepare for tomorrow another hit

W0099

794 posts

Posted by W0099 > 2019-07-31 20:50 | Report Abuse

Are u all ready? Hahahaha fight fight fight!

Newbiesky

792 posts

Posted by Newbiesky > 2019-07-31 21:01 | Report Abuse

not sure how much it will drop

W0099

794 posts

Posted by W0099 > 2019-07-31 21:03 | Report Abuse

Drop to 0.03 cent maximum

Newbiesky

792 posts

Posted by Newbiesky > 2019-07-31 21:05 | Report Abuse

Ggwp

Posted by Chun Loke Low > 2019-07-31 21:06 | Report Abuse

Nothing is confirmed yet lol chillax

W0099

794 posts

Posted by W0099 > 2019-07-31 21:09 | Report Abuse

Hahaha now still got 10% chance...

DasWack

513 posts

Posted by DasWack > 2019-07-31 21:14 | Report Abuse

My perspective is that they will come up with another plan still involving Lecca, just that this time they will adjust to the license suspension

Posted by Chunkit Yip > 2019-07-31 21:21 | Report Abuse

So later nik show time..haha

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