towards 12.30pm just now it seems quite a number started to sell ad pushed down the price to 1.37, if not it was quite stable around 1.39 and 140 earlier on. Hopefully it is just temporary and price will shoot up back after market re-open 2.30pm later today....tp 1.45 if got strong buy interests.
Barakah is could potential counter now consider low price yet for gas and oil sector. Don't worry. Market share got up and down if your company have good future nothing need to worry, investor might scare and quit for awhile only once they feel market is stable they will come back to this counter again.
Strong co with excellent track record; sound management and strong future growth potential. The price retracement today is temporary and expected from a overbought situation. Should see it movin up tomorrow if the overall market sentiment is good. Need to watch DOW tonite.
Important reminder :Down trend for KLCI index just begun Technical type: Head & Shoulder RHB Research show as below: R1=1826 R2=1800 S1=1790 S2=1775, You are advise to keep your money in trust accaunt. If you still want to buy, just buy Strong fundemental stock like THH Heavy & Barakah for long term investment.
kamaru Baharibakar thanks for you info. good sharing here. i agree with you if want buy just buy the strong fundemental stock for long term investment.
Strong co with excellent track record; sound management and strong future growth potential. The price retracement today is temporary and expected from a overbought situation. Should see it movin up tomorrow if the overall market sentiment is good. Need to watch DOW tonite. 13/11/2013 19:46
i would love to see if the price can be pushed up to at least 1.40 today only if someone with capital willing to push up. This can be done quite easily as the selling volume is ok. Anyone out there??? Keep our finger cross!!!
Current orderbook stands at RM775m while tender book is significant at RM6.1b. The company is confident of securing RM500m-RM600m new contracts per annum for the next three years on: (i) continued growth in market share in the commissioning segment, and (ii) increased subcontract work in the T&I space.
The group to achieve RM38.0m (+14.5% YoY), RM49.0m (+28.9% YoY) and RM73.1m (+49.2% YoY) of net profits in FY13, FY14 and FY15, respectively. Its FY13, FY14 and FY15 turnovers, meanwhile, are expected at RM287.0m (+42.1% YoY), RM435.0m (+51.5% YoY) and RM522.8m (+20.2% YoY), respectively. Drivers for the significant growth in revenue are: (i) better opportunity in T&I segment and (ii) continued growth of market share in the commissioning segment.
Assuming Barakah manages to secure a whole package of the 8 billion Pan Malaysia’s 'Integrated Transportation & Installation' Project (T&I) by 4Q13-1H14, the stock would be valued at a much higher valuation of RM2.63/share
The group’s dedicated management team has an excellent historical track record in formulating and implementing strategic plans and posses delivery track record with zero long-term injuries since 2000. The group is led by an experienced Board with vast experiences in various senior leadership and operational positions in the oil and gas sector, especially in offshore pipeline installation.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Alfred Aun
1,139 posts
Posted by Alfred Aun > 2013-11-13 10:44 | Report Abuse
Why no UMA to this counter? shooting up so fast...