Posted by Mabel > 2019-09-25 14:22 | Report Abuse

Honestly, the quicker he sells the better it is...

Let the retailers collects...and let's hope they find a new partners soon..

Posted by youarewelcome88 > 2019-09-25 14:31 | Report Abuse

I always find IB works in a weird way. In a weak market it is always prudent to sell in smaller manageable volume. Wholesale selling by the IB will not do justice to the margin account holders, and the market in general.

Posted by Mabel > 2019-09-25 16:33 | Report Abuse

@OBAMAR Or is he unloading before the ship sink ...

This is a big ship with many orders booking. Difficult to sink..

Posted by Mabel > 2019-09-25 16:34 | Report Abuse

@youarewelcome88 I always find IB works in a weird way. In a weak market it is always prudent to sell in smaller manageable volume. Wholesale selling by the IB will not do justice to the margin account holders, and the market in general

Fir the last few weeks many shorties and IDSS are burnt in Armada..

Posted by youarewelcome88 > 2019-09-25 16:56 | Report Abuse

Yes... perfect observation @Mabel. I notice that too. Armada has replaced Sapura as a favourite stocks for shorting. Shorts are for big boys. I stay away from such counter

Posted by Chun Loke Low > 2019-09-25 21:43 | Report Abuse

I'm gonna queue to buy 2500 lots at 0.03 tmr. Hopefully somebody sells mannn

Posted by youarewelcome88 > 2019-09-25 22:49 | Report Abuse

Ha ha... All the best in your buying

Posted by Happy3933 > 2019-09-26 00:05 | Report Abuse

@chunloke....wow, 2500 lots !!! You are really something... Rolls-Royce coming to your house soon... cheers...

Posted by Chun Loke Low > 2019-09-26 01:10 | Report Abuse

Got to average down my price, that's why. Even if 2.5k lot matched, my average still higher than you guys lahh hahaha

Posted by youarewelcome88 > 2019-09-26 08:56 | Report Abuse

@Happy3933... Aiyooyoo.. Another Rolls Royce on the way. Banyak bagus lo...

Posted by youarewelcome88 > 2019-09-26 09:46 | Report Abuse

It's heartening to see the buying volume exceeding the selling volume after a long while. I think we should thanked Loke Low for his buying... Cheers

Posted by Mabel > 2019-09-26 10:35 | Report Abuse

Well done Chun!

Posted by Happy3933 > 2019-09-26 11:22 | Report Abuse

2 Rolls Royce and 1 Bentley coming soon...

Posted by Happy3933 > 2019-09-26 12:25 | Report Abuse

Sorry, forgot to mention 1 more Buggati Veyron also coming for Queen Mabel... cheers.

Posted by youarewelcome88 > 2019-09-26 14:34 | Report Abuse

Let's see if there's something to cheer for... the next 2 trading hours.

Posted by pamie > 2019-09-26 22:39 | Report Abuse

What happened at the end of 2 hours, 88? 3-5pm.

Posted by youarewelcome88 > 2019-09-26 22:57 | Report Abuse

@pamie...I was actually hoping the technical rebound to happen but did not. Its been a while since Barakah last smile... Cheers

Posted by zakryfaa > 2019-09-27 10:25 | Report Abuse

i think barakah will win the case, hope rm1billion. Petronas under PH Gov not good.

Posted by Mabel > 2019-09-27 12:04 | Report Abuse

I think so too...

Posted by DasWack > 2019-09-27 13:12 | Report Abuse

I hopee so too

Posted by youarewelcome88 > 2019-09-27 13:53 | Report Abuse

Ever since Dr M broke up the Finance Ministry into 2...it has become HEADLESS. Clueless to what need to be done to revive the economy. Its reflected in the share market...

Posted by Jmz88 > 2019-09-27 14:47 | Report Abuse

have been queing to collect some at 0.03, hopefully can get some

Posted by Mabel > 2019-09-27 15:47 | Report Abuse

I put two trenches to average down my holding...

0.03 and 0.025....hehehe...

Posted by investortrader88 > 2019-09-27 20:17 | Report Abuse

i queue at 0.03 for 3 weeks can get. need to average down my shares.just like betting on toto queue at that price.

Posted by Happy3933 > 2019-09-27 21:49 | Report Abuse

Aiyah... queue so long also cannot get ah... I think if you all want to get @ 0.03, you must hope for some bad news from Barakah, if not 0.035 is already cheap... cheers everybody n have a nice weekend.

Posted by Chun Loke Low > 2019-09-28 00:06 | Report Abuse

I probably gonna buy @ 0.035 , still thinking.

Posted by Happy3933 > 2019-09-28 00:43 | Report Abuse

@ChunLoke... I think @0.035 is a good price already, just my personal opinion... anyway hope you can still get some @ 0.03...good luck to you.

Posted by Mabel > 2019-09-28 08:55 | Report Abuse

Sound like a good idea...

Cheers!

Posted by freddiehero > 2019-09-28 08:57 | Report Abuse

r u strong holding?

Posted by freddiehero > 2019-09-28 08:57 | Report Abuse

if ya u should do it..

Posted by Mabel > 2019-09-28 17:04 | Report Abuse

Yes Fred..

Absolutely!

Posted by Chun Loke Low > 2019-09-28 20:12 | Report Abuse

Hmmm I'll queue 0.03 abit longer first coz 0.035 no rush, many queue selling also

Posted by Mabel > 2019-09-29 14:30 | Report Abuse

Sound good to me Chun..

Likewise.. Same here since we already have collected enough.

Hence averages down is our goal. Anything lower is definitely much better..

Posted by T800Terminator > 2019-09-30 10:29 | Report Abuse

Eh. Still so active this forum. Not bad.

Posted by Hawk Eye > 2019-09-30 10:32 | Report Abuse

no movement la.I feel forgot to breakfast..ha ha

Posted by pamie > 2019-09-30 10:49 | Report Abuse

Last time, someone shared here that CEO SERBA disposed his shares in SERBA is
related to this counter. But seems no impact to the share here. Wonder whether the relationship is valid.

Posted by youarewelcome88 > 2019-09-30 15:59 | Report Abuse

@pamie... I believe you meant me. There are a few factors that made me believe what was written. Its a bargain to acquire an O&G outfit at the current market price. The other being Barakah is a Bumiputera-run company. It's executives are actively running the company. They are hands-on managers which I find them positive. The reason why they are currently in this distress state is because of the purchase of K Laksamana 101 which they bought brand new and they took delivery of it in 2012. The world crude oil collapsed in 2014. Its distress state is not due to mis-management but turn of economic cycles. It is for that reason Barakah should be a good takeover target. To me, Serba has the financial muscles and synergies to turn Barakah around. Whether the argument is valid... well, I can only say time will tell. Cheers

Posted by pamie > 2019-09-30 17:05 | Report Abuse

Hi, welcome88. Thanks for the sharing. Really appreciate.

Buying the Laksamana may not be the wrong decision, but somehow so happen the economy environment does not on their side.

Let see how. Yes time will tell. Cheers.

Posted by youarewelcome88 > 2019-09-30 19:45 | Report Abuse

@pamie... Just like us going through rough patch in life, is the same way I feel for Barakah. Its struggling to stay afloat currently. They have many friends out there who will extend their hands to them. In short... No de-listing in sight.. Ha ha & Cheers

Posted by Happy3933 > 2019-09-30 21:28 | Report Abuse

@88... you're back... Barakah used to be the best in it's field so don't worry, you remember I mentioned before, if you are good means you are good, once Barakah cross this hurdle, our Dreams will become reality... cheers.....

Posted by youarewelcome88 > 2019-09-30 21:40 | Report Abuse

@Happy3933... I don't dare dream a Rolls Royce Phantom... maybe a Proton Persona will do. Cheers

Posted by Happy3933 > 2019-09-30 22:12 | Report Abuse

@88...aiyah, you deserve more than a Proton Persona... I think at least a Range Rover... once you start to dream, don't let it stop until your dream becomes a reality.. cheers to you...

Posted by youarewelcome88 > 2019-09-30 22:22 | Report Abuse

@Happy3933... I really admire your free-flowing spirit. I will be very happy for you in your achievements. Cheers to you

Posted by Happy3933 > 2019-09-30 22:59 | Report Abuse

@88.... same to you.... cheers to you too.

Posted by Mabel > 2019-10-01 23:45 | Report Abuse

@youarewelcome88 @pamie... I believe you meant me. There are a few factors that made me believe what was written. Its a bargain to acquire an O&G outfit at the current market price. The other being Barakah is a Bumiputera-run company. It's executives are actively running the company. They are hands-on managers which I find them positive. The reason why they are currently in this distress state is because of the purchase of K Laksamana 101 which they bought brand new and they took delivery of it in 2012. The world crude oil collapsed in 2014. Its distress state is not due to mis-management but turn of economic cycles. It is for that reason Barakah should be a good takeover target. To me, Serba has the financial muscles and synergies to turn Barakah around. Whether the argument is valid... well, I can only say time will tell. Cheers

---
Sound good to me 88. This is what I think. Until we hear further good news, the White Knights is a Plan B

This is Plan A.


https://www.thestar.com.my/business/business-news/2019/08/06/barakah-sues-petronas-for-rm1bil-over-licence-suspension#cxrecs_s

Both Plan, should bring back Barakah to speed.

My question to the team is which one do you think will happen first?

Plan A or B?

Posted by Mabel > 2019-10-02 00:17 | Report Abuse

Foods for thoughts..

Good night!

Posted by Macrullen > 2019-10-02 00:17 | Report Abuse

H.

Posted by youarewelcome88 > 2019-10-02 10:29 | Report Abuse

@Mabel... the other question is the recent resignation of Petronas senior VP Upstream... Could it be related to Barakah's suspension? If it is, then I feel it is good news for Barakah. Perhaps, another food for thought. Cheers

Posted by youarewelcome88 > 2019-10-02 10:47 | Report Abuse

I believe Petronas have come to realise the negative implications in issuing the Letter of Suspension. It has virtually destroyed a PLC. What should have been done, in my opinion is just blacklist them internally. Meaning... let them bid for projects but don't award them any during the period. This manner, Barakah can still seek business opportunities elsewhere. So, Mabel... it's Plan A. An amicable solutions to both parties. Cheers

Posted by Chun Loke Low > 2019-10-02 12:59 | Report Abuse

These are just assumptions only lahh hahaha I don't think so.