BARAKAH OFFSHORE PETROLEUM BHD

KLSE (MYR): BARAKAH (7251)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

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

Posted by musangking998 > 2019-08-21 14:49 | Report Abuse

Just run .... lost 60%

Posted by pepsicola1012 > 2019-08-21 14:50 | Report Abuse

cut cut cut .... T..T

Mabel

23,658 posts

Posted by Mabel > 2019-08-21 16:26 | Report Abuse

Cut?

People are still buying..

Mabel

23,658 posts

Posted by Mabel > 2019-08-21 16:31 | Report Abuse

Less than 1 % total share traded today
Buyer seller ration 2:1

This mean 99.5% of the Investors still believe in Barakah.

Well done!

kianweng123

2,690 posts

Posted by kianweng123 > 2019-08-21 16:50 | Report Abuse

i stay at outside to see

Posted by sweetsours77 > 2019-08-21 17:37 | Report Abuse

come to mestron

Mabel

23,658 posts

Posted by Mabel > 2019-08-21 22:31 | Report Abuse

Sapura and Velesto are High Speed Trains. Meanwhile Barakah is like an old locomotive and she uses lots of coal to burn fire to run engine while bringing loads of debt.

FYI those former two used to be an old locomotive too. That’s why Barakah is also currently undergoing the process of upgrading and transformation. She needs a white knight to finance this work. Once she has completed with these exercises she will be another High-Speed Train in the ECRL Corridors. All she needs is for her shareholders to be patience and believe in her. As long as oil price remains bullish she will be back on her way to full recovery.

Posted by musangking998 > 2019-08-22 00:07 | Report Abuse

Then when she back I only board on

Mabel

23,658 posts

Posted by Mabel > 2019-08-22 08:18 | Report Abuse

See you then..

Cheers!

Posted by youarewelcome88 > 2019-08-22 08:30 | Report Abuse

@musangking998... If I were you, I will buy now. Hope you can understand the logic behind my saying. Have a good day....

kianweng123

2,690 posts

Posted by kianweng123 > 2019-08-22 09:13 | Report Abuse

mabel sealink now lagi kuat train like knm

Posted by musangking998 > 2019-08-22 09:17 | Report Abuse

@youarewelcome88 too late I already switch counter .... not dare this stock le

Mabel

23,658 posts

Posted by Mabel > 2019-08-22 09:19 | Report Abuse

@kianweng123 mabel sealink now lagi kuat train like knm

Noted kianweng123 ..

I believe this one I purchased this morning lagi kuat. This morning I decided to buy SERBA DINAMIK HOLDINGS BHD.

We are expecting good news soon..

This O&G company SERBADK is the best manage bumiputera company in Bursa without any support from government

Won multiple contracts; outlook remain intact

• Secured multiple contracts worth up to USD60m.
• Growth prospects look intact.
• Trading at 12.6x consensus FY19 EPS.

What’s New? Serba Dinamik announced that:

1) Its wholly-owned subsidiary Serba Dinamik International Ltd has secured a operations and maintenance (O&M) contract worth USD60m (approximately MYR250.6m);

2) Its wholly-owned subsidiary Serba Dinamik S/B has secured a total of six O&M contracts. These contracts do not have specific value as they are on a “call-out” basis whereby work orders will be awarded at clients’ discretion.
With these contract awards, Serba’s outstanding order book is expected to soar to approximately MYR8.5b, a step closer towards its MYR10b order book replenishment target for 2019.

Strong order book. More importantly, the latest job awards are O&M related, of which works are less susceptible to the fluctuation in oil price. Note that out of the outstanding order book (excluding these latest contract awards), O&M made up approximately 73% while EPCC accounted for 27%.

Growth prospects look intact. With the strong pipeline, Serba’s growth prospects look intact. Its outstanding order book is equivalent to ~2.3x its FY18 revenue. The street is forecasting a 14% 2-year EPS CAGR for FY18-21, also underpinned by management’s efforts to build up its asset base.

Assets. Under its stable, the group has: 1) a Compressed Natural Gas plant located in Sumatra, Indonesia; 2) water treatment plants in Kuala Terengganu (construction in progress); and 3) a 29.1MW hydropower plant in Kota Marudu Sabah (to commence operation in 4Q18); just to name a few.

Valuation. Brokers are positively biased on the stock with nine Buys and one Hold. The mean target price is MYR5.13. At current price, the stock is trading at 12.6x consensus FY19 EPS of 32sen, tad lower than its 2-year historical average P/E of 12.8x.

Posted by youarewelcome88 > 2019-08-22 10:01 | Report Abuse

@musangking998... Not to worry. The very best to you in your new buy.

kianweng123

2,690 posts

Posted by kianweng123 > 2019-08-22 10:18 | Report Abuse

last time serba interst take over barakah but nik dont want

Mabel

23,658 posts

Posted by Mabel > 2019-08-22 10:30 | Report Abuse

It's just a matter of time and the right price...

Posted by acinanatucer > 2019-08-22 15:57 | Report Abuse

the time still not come. just be patient everyone.

Mabel

23,658 posts

Posted by Mabel > 2019-08-22 17:53 |

Post removed.Why?

Mabel

23,658 posts

Posted by Mabel > 2019-08-22 18:23 | Report Abuse

What was the best lesson you learned during stock market crashes?

Most people panic.

Those that don’t panic, never regret it. Those that do, regret it long-term.

Nobody can predict when crashes will happen.

Those few people who do predict crashes, get the next one wrong, so would be better as buy and hold investors.

I have yet to meet a successful long-term market timer. 1/100 maximum can do it

The financial media and also the non-financial media, trade off fear.

When markets hit record highs, the media barely mentions it. Whenever there is a sell off. it is reported in the most sensational terms. `1,000 points drop` rather than a 4% drop. If there is a real crash, documentaries are made!

Diversification works but not over-diversification.

Markets tend to recover quickly. 1–7 years typically.

The public mistakes volatility for stability and safety.

However, things are slowly changing. More people are learning about the importance of buying and holding, rather than buying and trading

Happy3933

323 posts

Posted by Happy3933 > 2019-08-22 21:31 | Report Abuse

Hi Mabel....I really admire you... when everyone is down and disheartened, you will still write positive comments and give everybody hope.. cheers to you....

Posted by youarewelcome88 > 2019-08-22 22:47 | Report Abuse

@Happy3933... You are spot on on @Mabel. She's kinda an anchor of this forum. It's a tough market we're going through now. Cheers to you too.

Mabel

23,658 posts

Posted by Mabel > 2019-08-23 08:12 | Report Abuse

It's a temporary set back since many players decided to sideline. It's not only this counter, it's across the board...many has no more money to pump...

Patience is a bitter plant, but its fruit is sweet.

So just HOLD what you got !

Sumatec is in far more worst conditions but those guys really knows how to create excitements!

Cheers guys!

Happy3933

323 posts

Posted by Happy3933 > 2019-08-23 09:51 | Report Abuse

Calm before the storm ????

Posted by youarewelcome88 > 2019-08-23 11:38 | Report Abuse

@Happy3933... Goodness.. you can feel it!!

Happy3933

323 posts

Posted by Happy3933 > 2019-08-23 11:43 | Report Abuse

Hahaha 88.... just my 2 cents prediction... cheers to you....

Posted by youarewelcome88 > 2019-08-23 12:06 | Report Abuse

@Happy3933... No, I don't think it's a 2 sen prediction... to me it's more a 3 sen prediction. Ha ha... Cheers to you too

Posted by saintambrose > 2019-08-23 15:28 | Report Abuse

Any good news?

Posted by youarewelcome88 > 2019-08-23 16:10 | Report Abuse

@Happy3933... Your 2 sen prediction is coming to be a reality. The Sellers has swelled to match the Buyers....

Happy3933

323 posts

Posted by Happy3933 > 2019-08-23 16:13 | Report Abuse

Hahaha...no matter what happens... will collect some if it comes down to @ 0.03...my dream is still very much alive.... cheers...

Posted by youarewelcome88 > 2019-08-23 16:29 | Report Abuse

@Happy3933... That's the spirit. You are very much alive.... I will join you to buy some.

zakryfaa

124 posts

Posted by zakryfaa > 2019-08-23 19:05 | Report Abuse

someone say, buy anything, and keep it forever

zakryfaa

124 posts

Posted by zakryfaa > 2019-08-23 19:07 | Report Abuse

market sentiment is really bad, need to overhaul, first to overhaul....local politics

Happy3933

323 posts

Posted by Happy3933 > 2019-08-23 20:57 | Report Abuse

@zakryfaa...agree with you 100%. Btw, come what may, already standby bullets to attack @0.03....cheers to all of you and have a nice weekend.

Posted by youarewelcome88 > 2019-08-23 22:15 | Report Abuse

China just announced trade measures against Uncle Sam... it includes 5% tariff on American crude oil. Any more blood left to bleed.... Next week

Mabel

23,658 posts

Posted by Mabel > 2019-08-24 08:35 | Report Abuse

SERBADK is a typical example of good quarter result, good prospect but the share price is drop on the next day trading after good quarter result announce. So that is why share market is inefficient and only those who can see it will make big money

TWO days ago everyone is excited seeing the QR out wow wow wow as a investor I expect to see some shows next day but u can see no hoohaa whole day.

I can tell u today is not about retailer like u and me selling, is all those big funds that sell..

I agree, bottom line buy anything and hold it forever. As long as you don't sell you don't lose anything..

My typical benchmark is Sumatec. They are still around and kicking..

Mabel

23,658 posts

Posted by Mabel > 2019-08-25 09:08 | Report Abuse

Serba is currently trading at a grossly undervalued FY20F PE of 12x vs. 34x for Dialog Group – Serba’s closest peer with a recurring income profile in the oil and gas sector.

Mabel

23,658 posts

Posted by Mabel > 2019-08-25 09:30 | Report Abuse

My next wish is for Trump to keep his mouth shut..

Mabel

23,658 posts

Posted by Mabel > 2019-08-25 09:43 | Report Abuse

Latest Update on PN17 Company

Ironically, Utusan share still climb 10% on Friday

Even Sumatec at 0.025 still attracted many traders with circa 6 million shares traded on Friday.

Let's see how it progress by 28th...

If White Knight comes...I bet Utusan will jump again..

zulmuiz

1,308 posts

Posted by zulmuiz > 2019-08-25 14:19 | Report Abuse

Utusan??Semua takut to be white knight...will be eyeing by SPRM.

Posted by saintambrose > 2019-08-25 22:06 | Report Abuse

Only dead fish will shit mouth

Happy3933

323 posts

Posted by Happy3933 > 2019-08-26 09:03 | Report Abuse

Tsunami coming !!!!

Mabel

23,658 posts

Posted by Mabel > 2019-08-26 09:48 | Report Abuse

Absolutely ..Amazing Barakah

While others are falling left, right, front and back she climbs more than 16% today...

Unbelievable! Price will fly once done restructuring is done...Give them 6 months as we discussed earlier

Buy before too late...current price is dirt cheap..very attractive to the potential White Knights

Happy3933

323 posts

Posted by Happy3933 > 2019-08-26 11:43 | Report Abuse

Will our amazing Barakah withstand the tsunami today ????

Mabel

23,658 posts

Posted by Mabel > 2019-08-26 13:27 | Report Abuse

Absolutely!

The resistance is at 0.03...

Still above Sumatec...

Posted by youarewelcome88 > 2019-08-26 13:56 | Report Abuse

The IB has the answer.... staying tuned very closely

Happy3933

323 posts

Posted by Happy3933 > 2019-08-26 14:24 | Report Abuse

IB cannot be trusted one...@88 you are much better than those IB.... cheers...

Posted by youarewelcome88 > 2019-08-26 15:10 | Report Abuse

@Happy3933... Ha ha.. Good joke there. Feeling a little stressful now...

Happy3933

323 posts

Posted by Happy3933 > 2019-08-26 15:42 | Report Abuse

@88, no need to stress... just listen to Mabel and give Barakah some time...it will not disappoint us... cheers....

Happy3933

323 posts

Posted by Happy3933 > 2019-08-26 16:11 | Report Abuse

Hahaha... really tsunami....

Happy3933

323 posts

Posted by Happy3933 > 2019-08-26 16:12 | Report Abuse

Yummy...@0.03 matched... cheers...

Post a Comment
Market Buzz