BARAKAH OFFSHORE PETROLEUM BHD

KLSE (MYR): BARAKAH (7251)

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Last Price

0.055

Today's Change

0.00 (0.00%)

Day's Change

0.05 - 0.055

Trading Volume

107,000


20 people like this.

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

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...

ktrader

1,887 posts

Posted by ktrader > 2013-11-13 10:46 | Report Abuse

newly listed maa...

caven101

911 posts

Posted by caven101 > 2013-11-13 10:53 | Report Abuse

good barakah. i love you so much. i saw our front still have a lot of future there.

Posted by littlewhite > 2013-11-13 10:58 | Report Abuse

pn 17 still can up so much?

caven101

911 posts

Posted by caven101 > 2013-11-13 11:24 | Report Abuse

barakah will have good news announce soon. big project

Ojwong

130 posts

Posted by Ojwong > 2013-11-13 11:28 | Report Abuse

P&I package secured, up up up

nkn1

686 posts

Posted by nkn1 > 2013-11-13 11:54 | Report Abuse

Yup yup around RM 300 Mil contract for 2014

nkn1

686 posts

Posted by nkn1 > 2013-11-13 12:03 | Report Abuse

Mother price should be around RM2 with new contract in hand

alphajack

3,685 posts

Posted by alphajack > 2013-11-13 12:51 | Report Abuse

nah RM2..RM1.45-1.50 at most

jsjy123

543 posts

Posted by jsjy123 > 2013-11-13 13:38 | Report Abuse

i also think short term should be no problem to reach 1.45 to 1.50 within this week.

hobbits

121 posts

Posted by hobbits > 2013-11-13 13:41 | Report Abuse

This is by far the lowest oil and gas counter you could get. Fair value should be above 1.80

jsjy123

543 posts

Posted by jsjy123 > 2013-11-13 13:42 | Report Abuse

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.

jsjy123

543 posts

Posted by jsjy123 > 2013-11-13 13:43 | Report Abuse

ojwong and nkn1, how to confirm your news? Pls share.

psd57

2,314 posts

Posted by psd57 > 2013-11-13 14:06 | Report Abuse

ojwong and nkn1, pl share ur info on the contracts

jsjy123

543 posts

Posted by jsjy123 > 2013-11-13 15:59 | Report Abuse

Apa Contract ni???? the price is currently down so much from earlier on......

nkn1

686 posts

Posted by nkn1 > 2013-11-13 16:01 | Report Abuse

down can buy some more la : )

freonsf

645 posts

Posted by freonsf > 2013-11-13 16:01 | Report Abuse

be patient and confident with this stock.

Posted by Kamaru BahariBakar > 2013-11-13 16:55 | Report Abuse

Lucky I'm not playing contra for 3rd time. Just make $7000 contra profit.

caven101

911 posts

Posted by caven101 > 2013-11-13 17:31 | Report Abuse

now whole market is down. waiting for tonight what news announce by US is more important.

Posted by saddiqsepakraga > 2013-11-13 17:33 | Report Abuse

news on tapering?

nicky

3,351 posts

Posted by nicky > 2013-11-13 17:41 | Report Abuse

I bot back LA RM1.24......

ktrader

1,887 posts

Posted by ktrader > 2013-11-13 18:10 | Report Abuse

I bot back too....i foresee good prospect in this ctr..

caven101

911 posts

Posted by caven101 > 2013-11-13 19:27 | Report Abuse

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.

zamsaham

778 posts

Posted by zamsaham > 2013-11-13 19:32 | Report Abuse

How could one think this company is PN17? Or in their own mind, , others are stupid. Lol.
If a simple info u can't comprehend- better dont trade this.

psd57

2,314 posts

Posted by psd57 > 2013-11-13 19:46 | Report Abuse

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.

Posted by Kamaru BahariBakar > 2013-11-13 20:27 | Report Abuse

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.

caven101

911 posts

Posted by caven101 > 2013-11-13 22:58 | Report Abuse

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.

nicky

3,351 posts

Posted by nicky > 2013-11-14 07:08 | Report Abuse

THHEAVY & Barakah can hold for long term I tot for contra only...

nicky

3,351 posts

Posted by nicky > 2013-11-14 07:16 | Report Abuse

I think Barakah in overbought position..., Will fall today ?

jsjy123

543 posts

Posted by jsjy123 > 2013-11-14 08:22 | Report Abuse

Keep our finger cross!!!!
Hope for the Best!

psd57

2,314 posts

Posted by psd57 > 2013-11-14 08:38 | Report Abuse

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

It will bounce back today

trustme932

4,864 posts

Posted by trustme932 > 2013-11-14 09:25 | Report Abuse

Its juz consolidating now,a healthy sign,looking at the short term chart,1.24 shud be a support..when the time is rite,u will c 2.50 or higher.

jsjy123

543 posts

Posted by jsjy123 > 2013-11-14 09:50 | Report Abuse

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!!!

Posted by Malhi Diljit > 2013-11-14 11:12 | Report Abuse

trustme932 the target price 2.50, is it long term ?

psd57

2,314 posts

Posted by psd57 > 2013-11-14 17:05 | Report Abuse

strong closing with good volume. would thread further tomorrow

JCool

961 posts

Posted by JCool > 2013-11-14 18:17 | Report Abuse

very tempting... to whack d mom...

psd57

2,314 posts

Posted by psd57 > 2013-11-14 21:03 | Report Abuse

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.

Posted by Candlestick > 2013-11-14 22:06 | Report Abuse

This counter will be suspend soon to make announcement on contract secured...i guess

caven101

911 posts

Posted by caven101 > 2013-11-14 23:03 | Report Abuse

after the announcement will be next HLCAP? wakakaka

Posted by sayandquoteit > 2013-11-15 09:12 | Report Abuse

barakah is like shooting star, up up and up.

caven101

911 posts

Posted by caven101 > 2013-11-15 09:34 | Report Abuse

come back my barakah...all switch to barakah now...wakakakka

joelabu

17 posts

Posted by joelabu > 2013-11-15 10:52 | Report Abuse

go barakah go

ran777

308 posts

Posted by ran777 > 2013-11-15 12:07 | Report Abuse

Anyone know about declaring dividend??

caven101

911 posts

Posted by caven101 > 2013-11-15 12:26 | Report Abuse

barakah buyer still a lot. seem like something will be announce soon.

Posted by ramlihashim > 2013-11-15 12:29 | Report Abuse

Barakah bawa berkat.....he ge

Posted by bachok alwee > 2013-11-15 12:35 | Report Abuse

Now barakah at ceiling level

Posted by sayandquoteit > 2013-11-15 13:04 |

Post removed.Why?

kenrixx

179 posts

Posted by kenrixx > 2013-11-15 13:54 | Report Abuse

why barakah still not rebound? barakah has won new contract

prc4wifefe

3,564 posts

Posted by prc4wifefe > 2013-11-15 14:24 | Report Abuse

Now queue millions of sellers...

slts

2,235 posts

Posted by slts > 2013-11-15 14:29 | Report Abuse

barakah need to rest too overbought
switch your funds to daya
rhb tp 0.49 low risk high gain

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