BARAKAH OFFSHORE PETROLEUM BHD

KLSE (MYR): BARAKAH (7251)

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Last Price

0.055

Today's Change

+0.005 (10.00%)

Day's Change

0.05 - 0.055

Trading Volume

14,058,400


20 people like this.

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

azfar8

971 posts

Posted by azfar8 > 2014-01-06 09:36 | Report Abuse

aman1, mana kau dapat info RM3.00 tu? macam aku rasa strong je...

Tommylim

335 posts

Posted by Tommylim > 2014-01-06 11:28 | Report Abuse

Bought Barakah today as suggested by my remisier on official announcement for saudi award this month. Can anyone verify this? Thank you.

swong76

275 posts

Posted by swong76 > 2014-01-06 11:36 | Report Abuse

Tommylim, mind to share your remisier? I am interested to open another account.

Tommylim

335 posts

Posted by Tommylim > 2014-01-06 11:42 | Report Abuse

Unfortunately my remisier do not take new client unless from close friends of his. Sorry.

coolio

620 posts

Posted by coolio > 2014-01-06 11:44 | Report Abuse

hahahah..win win situation also tak boleh ka?? weirdo

SJaladdin

420 posts

Posted by SJaladdin > 2014-01-06 11:53 | Report Abuse

kenanga join the game ! tp rm 1.98 wow!

swong76

275 posts

Posted by swong76 > 2014-01-06 12:06 | Report Abuse

Tommylim, I am also new.. but lose money. You are lucky to have good remiser. mine one always suggest those conned stocks. :( that 's why I plan to change

ccInvest

120 posts

Posted by ccInvest > 2014-01-06 12:08 | Report Abuse

1.98 is long term price? 2014 target?

coolio

620 posts

Posted by coolio > 2014-01-06 12:31 | Report Abuse

swong76, would suggest you to buy fundamental sound stocks like kcchongnz stock picks, you will never lose in the long run.

Posted by investkaki > 2014-01-06 15:13 | Report Abuse

foreign funds started to come back fr last week. hopefully this is a good sign for this counter. Tommylim, I mentioned few days back d 3 dates ...speculated 4/2/14 announcement fr Saudi, 27/1/14 US Fed meeting, 30/1/14 CNY

Posted by Lollipot Anison > 2014-01-06 15:17 | Report Abuse

volume has kicked in suddenly.

ccInvest

120 posts

Posted by ccInvest > 2014-01-06 15:19 | Report Abuse

there is a announcement of additional listing. does this affect any?

SJaladdin

420 posts

Posted by SJaladdin > 2014-01-06 15:20 | Report Abuse

engine start !

Posted by investkaki > 2014-01-06 15:24 | Report Abuse

not just Barakah, market volume and all other counters seems to imply big funds just came in the market. This is good, will help Barakah break previous highs.

Posted by Lollipot Anison > 2014-01-06 15:31 | Report Abuse

sell queue like too much already. hopefully closed at 1.56

blissleen

37 posts

Posted by blissleen > 2014-01-06 15:39 | Report Abuse

Swong76 and Tommylim, i'm also new here, i jus bought barakah, hopefully it will go up up, good luck to all of us ^^

sjou

129 posts

Posted by sjou > 2014-01-06 16:19 | Report Abuse

resistance at 1.57

azfar8

971 posts

Posted by azfar8 > 2014-01-06 17:14 | Report Abuse

tomorrow is another day to collect, prepare for break up 1.57 in a few days... most oil n gas counter also seem strong buying this late session... maybe angpow from oil n gas sector this time....

blissleen

37 posts

Posted by blissleen > 2014-01-06 17:41 | Report Abuse

hi investkaki, can i know what r the effects for the other 2 dates 27 jan 2014 and 30 jan 2014?

Tommylim

335 posts

Posted by Tommylim > 2014-01-06 18:15 | Report Abuse

I am buying more Barakah tomorrow as my remisier noted on unusual buying by both local and foreign funds. Please do advise if any of you receive similar news or otherwise. Thank you.

mchess77

66 posts

Posted by mchess77 > 2014-01-06 18:29 | Report Abuse

what would be the recommended accumulation price range? what was the unsual buying range? 1.53 to 1.55?

Posted by Lollipot Anison > 2014-01-06 18:59 | Report Abuse

from 1.51 to 1.57 and then drop back 1.51. Somebody is trying to supress the price

ran777

308 posts

Posted by ran777 > 2014-01-06 21:36 | Report Abuse

I was also told by my remiser that one local bank is taking position as fund manger. I received the news around 12.25noon. Bought a few lots at 1.50 Afternoon it really took off but unable to sell as my phone was out of line.

ProfitMan

2,094 posts

Posted by ProfitMan > 2014-01-07 00:56 | Report Abuse

Chartwise, sellers for this counter has exhausted. The doji formed today has a strong bullish undertone and with increased volume. Barring any external negative news, it is poised for another run up in price.

Dkwee

210 posts

Posted by Dkwee > 2014-01-07 08:43 | Report Abuse

What should be the tp today..anyone? Cheers:)

Stockman

684 posts

Posted by Stockman > 2014-01-07 08:51 | Report Abuse

Today TP 1.82

ccInvest

120 posts

Posted by ccInvest > 2014-01-07 09:20 | Report Abuse

@Stockman, 1.82? this is high!
It must be huge volume isnt it?

Posted by Lollipot Anison > 2014-01-07 09:22 | Report Abuse

It will hover around 1.50-1.55

kimtj

4,270 posts

Posted by kimtj > 2014-01-07 09:35 | Report Abuse

buy more.. gudluck

ProfitMan

2,094 posts

Posted by ProfitMan > 2014-01-07 10:03 | Report Abuse

Immediate TP is 1.60. With the low volume, can expect the price to range from 1.52 to 1.56.

Buhkuakia

79 posts

Posted by Buhkuakia > 2014-01-07 10:04 | Report Abuse

stockman wake up please :P

Stockman

684 posts

Posted by Stockman > 2014-01-07 10:13 | Report Abuse

Ok Buhkuakia :-)

Buhkuakia

79 posts

Posted by Buhkuakia > 2014-01-07 10:17 | Report Abuse

joking only stockman , dont angry ya.. ^^

azfar8

971 posts

Posted by azfar8 > 2014-01-07 10:20 | Report Abuse

barakah on the move now.....

ProfitMan

2,094 posts

Posted by ProfitMan > 2014-01-07 10:24 | Report Abuse

Insufficient volume.

Posted by Lollipot Anison > 2014-01-07 10:30 | Report Abuse

Need more patient on this counter.
Maybe will move abit when approaching Feb.

ProfitMan

2,094 posts

Posted by ProfitMan > 2014-01-07 10:40 | Report Abuse

Agree with you Lollipot - need patience and holding power.

emma

281 posts

Posted by emma > 2014-01-07 12:21 | Report Abuse

Whn can up to. .RM 3.80...??

Posted by Lollipot Anison > 2014-01-07 12:24 | Report Abuse

retesting 1.57

Buhkuakia

79 posts

Posted by Buhkuakia > 2014-01-07 12:26 | Report Abuse

resistant wat price?

Dkwee

210 posts

Posted by Dkwee > 2014-01-07 12:27 | Report Abuse

Hopefully can close above 1.60 ya....:))

promaxsam

172 posts

Posted by promaxsam > 2014-01-07 12:44 | Report Abuse

They will awarded project oil drilling at Saudi Arabia , announcement at 4/2/2014 , news from internal management

promaxsam

172 posts

Posted by promaxsam > 2014-01-07 12:46 | Report Abuse

Any sifu know about this , is it true . Thanks

lotusf1

1,159 posts

Posted by lotusf1 > 2014-01-07 12:55 | Report Abuse

Exercise caution n check first...often news of this sort ending with denial by barakah management....

Pegasus

7 posts

Posted by Pegasus > 2014-01-07 13:37 | Report Abuse

Saudi project is already in its pocket. It will conservatively contribute MYR 1.5B to their already ever increasing order book....more surprises. Stay tuned.

Posted by Candlestick > 2014-01-07 14:07 | Report Abuse

How say already in pocket? If so it will be good news. Good price effect on top of tni contract?

ccInvest

120 posts

Posted by ccInvest > 2014-01-07 14:14 | Report Abuse

Just remember what happen to this counter when announce petrolnas project....

Pegasus

7 posts

Posted by Pegasus > 2014-01-07 14:30 | Report Abuse

Candle, buy now and you won't regret. In fact, with the T&I contract, TA re-value it based on project worth 1.5b, however sources gathered that the contract is worth as much as 2.8b. Addition to that, with the Saudi project....you don't need to be an accountant to guess the price....

promaxsam

172 posts

Posted by promaxsam > 2014-01-07 14:40 | Report Abuse

definitely will go rm 3 after 4/2/2014

Pegasus

7 posts

Posted by Pegasus > 2014-01-07 14:49 | Report Abuse

Promaxsam : I am quietly confident but factor the contributing factors, TP 3.00 would be safer to say after the FY14Q1 financial report is out. Meanwhile rally for next >30days, it would hit 2.30 - 2.50.

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