BARAKAH OFFSHORE PETROLEUM BHD

KLSE (MYR): BARAKAH (7251)

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Last Price

0.055

Today's Change

+0.005 (10.00%)

Day's Change

0.05 - 0.055

Trading Volume

14,058,400


20 people like this.

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

Tommylim

335 posts

Posted by Tommylim > 2014-01-09 16:25 | Report Abuse

I didn't realise I bought so many stocks. I sold some Barakah to offset purchases of Sapres and Hevea. My remisier said some take profit just in case sudden drop if any. Thank you.

steve84

12 posts

Posted by steve84 > 2014-01-09 16:27 | Report Abuse

Sold mine 1.75! Yahoo...

ProfitMan

2,094 posts

Posted by ProfitMan > 2014-01-09 16:28 | Report Abuse

caven 101 - yah, we profit together.

caven101

911 posts

Posted by caven101 > 2014-01-09 16:34 | Report Abuse

ProfitMan i think this counter worth to long hold...target point 1.85, 1.98 also not a problem to hit one...

AhHuat118

19 posts

Posted by AhHuat118 > 2014-01-09 16:34 | Report Abuse

Barakah sound like Melaka in hokkien, bought rm1.56, still keep.
Hope got new year angpow as company may not give bonus this year.

ProfitMan

2,094 posts

Posted by ProfitMan > 2014-01-09 16:39 | Report Abuse

caven 101 - you are right. It has a lot of growth potentials in it and we know the contracts in O&G can be huge.

caven101

911 posts

Posted by caven101 > 2014-01-09 16:47 | Report Abuse

hahahaha...now come in AhHuat118 lagi...this time kaya already...Profit and Huat...wakakaka

AhHuat118

19 posts

Posted by AhHuat118 > 2014-01-09 17:16 | Report Abuse

I just bough 15k units, not much profit. But is happy now.

Posted by Lollipot Anison > 2014-01-09 17:17 | Report Abuse

not bad closed at 1.73. new high

Posted by Tiong Yong Soon > 2014-01-09 17:24 | Report Abuse

shit...sold LA 1.27 2 days ago...

hasruld

47 posts

Posted by hasruld > 2014-01-09 17:35 | Report Abuse

me too sold at 1.54 2 days ago..

othman66

68 posts

Posted by othman66 > 2014-01-09 18:23 | Report Abuse

those people hold Barakah,please wait .Tomorrow or monday will be touch 1.95.............Last 2 days i make a comment please buy .That time price range 1.52-1.53. The real sources

mcbaomc

1,343 posts

Posted by mcbaomc > 2014-01-09 18:24 | Report Abuse

"WILD CARDS"

lobster

58 posts

Posted by lobster > 2014-01-09 18:32 | Report Abuse

Hi Othman66, what price should I sell? My average price is 1.22. I have 300k shares in total.

Firebird2

1,730 posts

Posted by Firebird2 > 2014-01-09 18:35 | Report Abuse

Is it better to buy Barakah-LA ?

othman66

68 posts

Posted by othman66 > 2014-01-09 19:07 | Report Abuse

lobster.....Best to sell 1.88....1.92

hepitrade

5,290 posts

Posted by hepitrade > 2014-01-09 20:01 | Report Abuse

lobster...wow.. U can turn to be GOLDEN LOBSTER liao.. hahaha

Posted by Ruhaizat Talib > 2014-01-09 20:37 | Report Abuse

Barakah actualy is not good company indeed because it's have a connection with vastalux where history are not lying for what had happen in vastalux before this, please dont got involve in buying in this kind of stock if you dont want to lose your money

awangngah

67 posts

Posted by awangngah > 2014-01-09 20:55 | Report Abuse

Ruhaizat, Yes the company was formerly known as Vastalux, but it is no longer the same company today. The shareholders of Barakah and the management team, are today, different people.

hasruld

47 posts

Posted by hasruld > 2014-01-09 20:58 | Report Abuse

Yes agree..the best VDP Petronas vendor.

Posted by Ruhaizat Talib > 2014-01-09 21:03 | Report Abuse

OIC, thank you for your valuable information because before this I have lost my money when I invest in Vastalux, I've got scared when I heard this company is involved in vastalux

awangngah

67 posts

Posted by awangngah > 2014-01-09 21:14 | Report Abuse

Hope you can recover the losses, though your investments in companies like Barakah :)

mcbaomc

1,343 posts

Posted by mcbaomc > 2014-01-09 21:22 | Report Abuse

Guys, base on current resources TP is around 2... but soon you all will receive a new TP from other resources. much beyond that and please do focus at the TA. Cheers

SJaladdin

420 posts

Posted by SJaladdin > 2014-01-09 21:48 | Report Abuse

honestlim newbie here?

Alex Lim

588 posts

Posted by Alex Lim > 2014-01-09 21:49 | Report Abuse

paper gain 13.48% (cost per share 1.524 on 30 Dec 13)....possible go up to 1.98 in next 2 weeks?

lobster

58 posts

Posted by lobster > 2014-01-09 22:56 | Report Abuse

Thanks othman66, I think I will play safe n offload abit. Tempted to sell last week when it drops below 1.50. Luckily I hold on to it by a few days.

Firebird2

1,730 posts

Posted by Firebird2 > 2014-01-09 23:34 | Report Abuse

Thx Honestlim, does the present management have any connections with the previous Vastalux?

azfar8

971 posts

Posted by azfar8 > 2014-01-10 09:01 | Report Abuse

Most of you i seem lost, Barakah is not the same with Vastalux... Barakah buy the "listing status" of vastalux... Anyway, i hope to buy additional at lower level because previously, they do nothing to the share price to flush out contra player.... :)

psd57

2,314 posts

Posted by psd57 > 2014-01-10 09:11 | Report Abuse

After KENANGA, BARAKAH next TP will be out soon. Definitely above Rm 2.00.

Posted by Jonathan Keung > 2014-01-10 09:11 | Report Abuse

Barakah is a different Company headed by Management. Their core business is also different from Vastalux. Vastalux sold their listing status to Barakah. Barakah is a tie 1 (VDP) with Petronas,

Vastalux shareholders completely cut off from Barakah take over their listing status. more information can be obtained from business times prior to Barakah listing in October. happy trading

psd57

2,314 posts

Posted by psd57 > 2014-01-10 09:13 | Report Abuse

today closing Rm 1.88

Posted by Lollipot Anison > 2014-01-10 09:18 | Report Abuse

slow slow up better la.

psd57

2,314 posts

Posted by psd57 > 2014-01-10 09:20 | Report Abuse

get on the train babe. Stay invested above Rm 2.00, then we decide. Tqvm

fayzspace

10 posts

Posted by fayzspace > 2014-01-10 09:22 | Report Abuse

it's rather speculative..

people bought to ride on the uptrend..

but lots of its revenue is short term.. and already accounted for in the price at RM1.40

what further growth story that it has other than what already announced?

psd57

2,314 posts

Posted by psd57 > 2014-01-10 09:25 | Report Abuse

LA should close the 7c gap now. Mother 1.78; LA 1.51

lobster

58 posts

Posted by lobster > 2014-01-10 09:27 | Report Abuse

All matched. Tq so much... This counter is superlicious :)

psd57

2,314 posts

Posted by psd57 > 2014-01-10 09:29 | Report Abuse

lobster. Tqvm

azfar8

971 posts

Posted by azfar8 > 2014-01-10 10:15 | Report Abuse

sapa2 kaki kontra tu, blh pikir2 take profit la if any, i sense correction mode....

psd57

2,314 posts

Posted by psd57 > 2014-01-10 10:18 | Report Abuse

Accumulate on weakness. Barakah is on the next 1.70's level.

AhHuat118

19 posts

Posted by AhHuat118 > 2014-01-10 10:33 | Report Abuse

let all the kaki contra out, can see the seller are most in small volume

hybrid2013

448 posts

Posted by hybrid2013 > 2014-01-10 10:33 | Report Abuse

this evening annoucement

Posted by Lollipot Anison > 2014-01-10 10:42 | Report Abuse

normal la. Festive period ahead. alot ppl will cash out. If drop then collect more lo. I will buy more if it's around 1.6

hybrid2013

448 posts

Posted by hybrid2013 > 2014-01-10 10:47 | Report Abuse

collecting

minitrader

2,273 posts

Posted by minitrader > 2014-01-10 10:52 | Report Abuse

likely to turn red after the run-up....

psd57

2,314 posts

Posted by psd57 > 2014-01-10 11:01 | Report Abuse

hybrid2013 what announcement this evening

psd57

2,314 posts

Posted by psd57 > 2014-01-10 11:07 | Report Abuse

healthy profit takin at 1.73. all taken up. waitin for the next push up

ProfitMan

2,094 posts

Posted by ProfitMan > 2014-01-10 12:07 | Report Abuse

psd57 - yes, healthy profit taking. Looks to be holding well so far. Lets see it can break Resistance 1 at 1.77.

t816b

131 posts

Posted by t816b > 2014-01-10 12:49 | Report Abuse

Barakah is overbought at the moment. The price should consolidate before the next uptrend.

Posted by Lollipot Anison > 2014-01-10 13:44 | Report Abuse

Agree. Has offloaded some. Feel like it will consolidate for awhile and will buy back when reach my price. Good luck others.

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