Posted by Dkwee > 2014-01-07 14:52 | Report Abuse

Rm3 after 4/2/14 boleh ka...?haha..

Posted by azfar8 > 2014-01-07 14:55 | Report Abuse

buy...... :)

Posted by psd57 > 2014-01-07 14:57 | Report Abuse

is the push up for sale like yesterday, come back to Rm 1.52 again. The Saudi project is a long way fiom clinching. Nothing on the Saudi project yet till now. Dont let this be another hibiscus. Let the share go up gradually.

Posted by psd57 > 2014-01-07 15:00 | Report Abuse

Stay invested with Barakah. Let the punters spread all kinds of news. Investors will benefit eventually.

Posted by Lollipot Anison > 2014-01-07 15:02 | Report Abuse

Yes agree. Rather slow but steady.

Posted by psd57 > 2014-01-07 15:08 | Report Abuse

Dont let this counter be pushed up based on rumours. We will wait patiently for the announcement on 4 Feb 2014. Dont let it be like Ecowld.!!

Posted by Pegasus > 2014-01-07 15:15 | Report Abuse

psd57: I agree with you....can't be happier to be holding barakah since 0.65. It's been very reliable and the team behind has been doing a good delivery job.

Posted by ProfitMan > 2014-01-07 15:23 | Report Abuse

I doubt you will see a repeat of the price drop pattern after the suspension. Before suspension, the volume traded was building up and was high. Naturally a lot of profit taking thereafter. This time round, the volume traded were much lower and at healthier levels and the price movement is steadier.

But once the price movement shoots up and volume picks up tremendously, we can expect short term traders to re-enter for quick profits. For medium term investors, this is a good counter to be in. Lots of growth potentials. Would be interested to see their first year annual report.

Posted by psd57 > 2014-01-07 15:34 | Report Abuse

Pegasus and ProfitMan : the best audited accounts to gauge their performance will be CYSep'14, where the T&i contracts awarded in 2013 would hv gained enough traction, complemented by their ongoing jobs. If they land the Saudi project, then there no longer "PETRONAS' reliant co, but hv extended their expertise overseas. High potential co, till then we wait patiently.

Posted by ProfitMan > 2014-01-07 16:01 | Report Abuse

psd57 - agree with you. The Saudi job will be the next catalyst for the price to run up.

Volume in the afternoon has picked up tremendously.

Posted by Candlestick > 2014-01-07 16:10 | Report Abuse

Still relatively cheapest O&G counter with much upside potential at its current price

Posted by Jvei > 2014-01-07 16:15 | Report Abuse

@Profitman when will be the FY annual report release?

Posted by ProfitMan > 2014-01-07 16:30 | Report Abuse

Jvei - sorry, I don't know when but I gather from psd57 that the current year ends Sept 2014.

psd57 - Please correct me if I am wrong. Thanks in advance.

Posted by azfar8 > 2014-01-07 17:03 | Report Abuse

tomorrow hopefully another 5 - 8 cent....

Posted by psd57 > 2014-01-07 18:15 | Report Abuse

The Q1'14 ( 31 Dec 2013) financials by end Feb'14; and the CYSep'14 financials by end Nov '14 ( will be a whopper!!! ) and this price now will be history> But no need to chase the price now or the PE will be out. Let the stock price rise modestly. Dont listen to any rumours of contracts. Let it happen naturally and the stock will be respected BURSA wide as a good O &G stock with massive potential.

In other words don't chase tomorrow's dreams and incorporate into present price. Let tomorrow's investors also have their share of the cake. Anyway this is BARAKAH, to be shared among loyal investors today and tomorrow.

Posted by seong > 2014-01-07 18:15 | Report Abuse

Thank you psd57 for the reviews.

Posted by mcbaomc > 2014-01-07 21:23 | Report Abuse

TP2 by next week

Posted by Candlestick > 2014-01-07 21:48 | Report Abuse

I wonder why mother share moved up but not LA

Posted by caven101 > 2014-01-08 09:06 | Report Abuse

barakah coming....

Posted by 8u29song > 2014-01-08 09:10 | Report Abuse

yesssssssssss !

Posted by ssong > 2014-01-08 09:12 | Report Abuse

up...up...up

Posted by Tommylim > 2014-01-08 09:21 | Report Abuse

Good morning everyone. I bought around 1.50 to 1.57 accumulate about 100,000 shares. My remisier suggest to take profit within T+3 but I don't understand him. Roughly my profit already 10K now. What is the best selling price? Appreciate your feedback. Thank you.

Posted by Jonathan Keung > 2014-01-08 09:28 | Report Abuse

saudi project is still not confirm but nonetheless the T&I contract from Petronas is substantial. hopefully, more good new will come. more upside to come . this is my personal assessment. happy trading

Posted by ProfitMan > 2014-01-08 10:21 | Report Abuse

Tommylim - depends on yr trading strategy for this share. Very Short term traders will clear within T+3 while short/medium term traders will clear when it hits their target price.

Barakah has taken out the first resistance level today at 1.61 and is testing the 2nd resistance level at 1.63. The the 3rd resistance level is at 1.68/1.69. Counter is still bullish at the moment. You will have to decide yr own best selling price. Do bear in mind that you will not be able to buy at the lowest price and you will not be able to sell at the highest price.

Posted by Tommylim > 2014-01-08 10:23 | Report Abuse

I will hold Profitman. Thank you for your feedback.

Posted by SJaladdin > 2014-01-08 11:01 | Report Abuse

tommylim, u can refer to maybank tp rm1.85 or the recent tp by kenanga rm1.98

Posted by Lollipot Anison > 2014-01-08 11:54 | Report Abuse

Alot of ppl have entered at 1.62 today.

Posted by Gmn17 > 2014-01-08 12:11 | Report Abuse

nice~~

Posted by seong > 2014-01-08 12:24 | Report Abuse

Road block at 1.65.

Posted by Pegasus > 2014-01-08 12:36 | Report Abuse

Looks like a correction period in the 2nd half. Unusual volume at a premature timing.

Posted by psd57 > 2014-01-08 12:41 | Report Abuse

I think Barakah is being played up by contras again. it is not based on anything. Hope it corrects down and move steadily up and not like this, Something not right here. I am a loyal investor with 100k @1.30 and will keep on holding for its fundamentals and potential growth

Posted by psd57 > 2014-01-08 13:59 | Report Abuse

Don't speculate on this counter by rumours of TP1, 2, 3 and landing Saudi job. None is true. Stay invested !!!!

Posted by Lollipot Anison > 2014-01-08 14:38 | Report Abuse

I planned to collect more under 1.6 one. now already 1.65.

Posted by hasruld > 2014-01-08 14:45 | Report Abuse

you're correct psd57.

Posted by awangngah > 2014-01-08 15:02 | Report Abuse

wow, heavy transaction going on at 1.64

Posted by awangngah > 2014-01-08 15:04 | Report Abuse

doesn't look like contra kaki buying

Posted by Alex Lim > 2014-01-08 15:04 | Report Abuse

wah....syok

Posted by Buhkuakia > 2014-01-08 15:19 | Report Abuse

what happen ? suddenly up so much???

Posted by princess > 2014-01-08 15:21 | Report Abuse

TP 1.98

Posted by ProfitMan > 2014-01-08 15:23 | Report Abuse

Momentum is building up with very high volume. Attempting to break the 3rd resistance level.

Posted by Lollipot Anison > 2014-01-08 15:23 | Report Abuse

no idea what is happening. today alot of volume

Posted by bigturtle2010 > 2014-01-08 15:24 | Report Abuse

what is the 3rd resistance leverl? 1.74?

Posted by hasruld > 2014-01-08 15:25 | Report Abuse

now at 1.68 already

Posted by ProfitMan > 2014-01-08 15:25 | Report Abuse

Resistance 3 = 1.68/1.69

Posted by Lollipot Anison > 2014-01-08 15:26 | Report Abuse

previous all time high at 1.69

Posted by Buhkuakia > 2014-01-08 15:26 | Report Abuse

highest record 1.69

Posted by Buhkuakia > 2014-01-08 15:26 | Report Abuse

3rd resistent level what price?

Posted by bigturtle2010 > 2014-01-08 15:27 | Report Abuse

Thanks....

Posted by bigturtle2010 > 2014-01-08 15:28 | Report Abuse

hope it broke 1.71 for today~

Posted by ProfitMan > 2014-01-08 15:28 | Report Abuse

Buhkuakia - 1.68/1.69