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

190,100


20 people like this.

16,361 comment(s). Last comment by Robert Waters 11 hours ago

Posted by youarewelcome88 > 2020-07-21 19:29 | Report Abuse

@Happy3933... Pretty long wait, isn't it? The dream came at last... Cheers

Newbiesky

792 posts

Posted by Newbiesky > 2020-07-21 21:02 | Report Abuse

wonder whether Mabel is still here to watch it

Posted by youarewelcome88 > 2020-07-21 21:56 | Report Abuse

@Newbiesky...I would say Yes. Cheers

Flyinghorse

3,721 posts

Posted by Flyinghorse > 2020-07-22 06:39 | Report Abuse

Fresh day. Exciting days ahead for Barakah.

Posted by Huat huat 2020 > 2020-07-22 07:03 | Report Abuse

It will double up ... 12c min .
Good news soon

Joyvestt

135 posts

Posted by Joyvestt > 2020-07-22 07:20 | Report Abuse

Possibility:
1. win the claim against petronas
2. Got debt restructuring plan (3months from may if u read the news)
3. Exit PN17 (less possibility)
4. Oil Price increase
5. Company making money for 2 consecutive quarter
6. A new overseas contract

mf

29,214 posts

Posted by mf > 2020-07-22 08:50 | Report Abuse

BREAKING NEWS: Large And Unexpected Crude Build Halts Oil Rally

Happy3933

323 posts

Posted by Happy3933 > 2020-07-22 09:11 | Report Abuse

Morning @88....yes....we waited more than a year, from 0.09 keep on averaging down, lucky never give up. Already more than 100% profit. Cheers to you n all those who believe in Barakah.... meow meow meow

afifi

2,036 posts

Posted by afifi > 2020-07-22 09:23 | Report Abuse

yes hee hee

Posted by youarewelcome88 > 2020-07-22 10:25 | Report Abuse

@Happy3933... Yes, it was worth the wait though it is definitely a long & tiring wait. Don't forget to realise your dream... Cheers

Mabel

24,281 posts

Posted by Mabel > 2020-07-22 10:25 | Report Abuse

@Newbiesky wonder whether Mabel is still here to watch it
21/07/2020 9:02 PM

Meow Newbiesky...

Of course I'm watching. Barakah is one my favourite turnaround Battleship. I saw this ship was climbing earlier this week. I thought I should give it few days before commenting as we have seen it's been going up and down before..

Looks like the upwards trends this time remain intact. I believe the operators has collected enough...Now they are pushing it up...

Well done to those that has waited patiently..Time to collect our reward pretty soon...

Meow Meow Meow..

Posted by youarewelcome88 > 2020-07-22 10:38 | Report Abuse

@Mabel... Good that you are back. Its always a pleasure reading your post. Cheers

Mabel

24,281 posts

Posted by Mabel > 2020-07-22 10:58 | Report Abuse

Meow Meow Meow Meow

Posted by investortrader88 > 2020-07-22 11:09 | Report Abuse

yee haa .huat ahhhhhh ,!

Posted by investortrader88 > 2020-07-22 11:10 | Report Abuse

more than 100% profit after waiting for more than one year . :):)

Flyinghorse

3,721 posts

Posted by Flyinghorse > 2020-07-22 12:38 | Report Abuse

Drop back leo.......game over? Maybe wait for afternoon session to peak?

Flyinghorse

3,721 posts

Posted by Flyinghorse > 2020-07-22 17:36 | Report Abuse

Hope tomorrow can push up higher. Got news coming soon?

Mabel

24,281 posts

Posted by Mabel > 2020-07-22 21:52 | Report Abuse

BARAKAH OFFSHORE PETROLEUM BHD has just posting an excellent revenue RM23mil+ and profit RM17mil+ in the recent QR despite having PN17 status. For the record, overall performances for the period of the Financial Year Ended on 30 June 2020, its revenue so far stood at RM146,339,000 with a net profit RM22,588,000. Although the remaining QR to be reported seems tough as the real impact on COVID 19 will take hit, beyond that, we are optimistic the better stand ahead as the economy start recovering process.

With that positive ability to turnaround in the near future, a Golden Cross emerged recently.

Right now a sign of a strong bullish is confirmed!

Now BARAKAH is exiting the Accumulation Phase.

It's looking guys...

It's time to move this ship to the next level...

Meow Meow Meow

SiLiaw

209 posts

Posted by SiLiaw > 2020-07-22 22:39 | Report Abuse

big trap

Flyinghorse

3,721 posts

Posted by Flyinghorse > 2020-07-23 07:09 | Report Abuse

Fresh new day. Waiting to ride the wave.....

Newbiesky

792 posts

Posted by Newbiesky > 2020-07-23 09:56 | Report Abuse

no more power? heavy selling at 7 cents

Flyinghorse

3,721 posts

Posted by Flyinghorse > 2020-07-23 16:37 | Report Abuse

No show today. Rest day

JK22

1,789 posts

Posted by JK22 > 2020-07-23 17:21 | Report Abuse

profit taking .Some are satisfied by the 2 cents gain . But probably very little chances to re-enter lower .

Flyinghorse

3,721 posts

Posted by Flyinghorse > 2020-07-23 17:57 | Report Abuse

Patience. Think slowly creeping upwards. Sabar sabar

Tva17

93 posts

Posted by Tva17 > 2020-07-23 19:06 | Report Abuse

Type Announcement
Subject DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
Description DEALINGS BY PRINCIPAL OFFICER IN SECURITIES OF BARAKAH OFFSHORE PETROLEUM BERHAD ("BARAKAH" OR THE "COMPANY") OUTSIDE CLOSED PERIOD
Pursuant to Paragraph 14.09(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the following Principal Officer of the Company has given notice of her dealings in the securities of the Company as follows:-

Name of Principal Officer: Haniza Binti Jaffar
Description of Securities: Ordinary Shares
Date of Transaction: 20.07.2020
No. of Securities Acquired: 1,000,000
% of Securities Acquired: 0.1196%
Transaction Price per share (RM): 0.045
Remarks: Acquisition of shares

This announcement is dated 23 July 2020.

Flyinghorse

3,721 posts

Posted by Flyinghorse > 2020-07-23 19:10 | Report Abuse

She already made a handsome profit already. Syabas

taloha

206 posts

Posted by taloha > 2020-07-23 19:40 | Report Abuse

Haniza Binti Jaffar(Vice President -Finance & Accounts)

now we know what barakah try to tell.....hehehe

Flyinghorse

3,721 posts

Posted by Flyinghorse > 2020-07-23 19:51 | Report Abuse

Waiting for Barakah to flyyyyyyyyy

Flyinghorse

3,721 posts

Posted by Flyinghorse > 2020-07-24 07:17 | Report Abuse

Fresh new day. Waiting for a good show

Flyinghorse

3,721 posts

Posted by Flyinghorse > 2020-07-24 09:14 | Report Abuse

Drops to 0.060. Lol

mylinuxbsd

139 posts

Posted by mylinuxbsd > 2020-07-24 10:01 | Report Abuse

going down to 0.04 again

JK22

1,789 posts

Posted by JK22 > 2020-07-24 10:23 | Report Abuse

Vice President- Finance & Accounts officer loading and yet people are selling ? Betul or not ? Seriously. Will you still dump your money onto the sinking boat you captained ?

Flyinghorse

3,721 posts

Posted by Flyinghorse > 2020-07-24 10:58 | Report Abuse

@ JK22. True. But bursa show differently. Going south now.

mylinuxbsd

139 posts

Posted by mylinuxbsd > 2020-07-24 11:32 | Report Abuse

Strategy to trap ikan bilis

taloha

206 posts

Posted by taloha > 2020-07-24 13:28 | Report Abuse

lol up one day say something very positive about strategy, drop one day say something very negative about conspiracy. Then your daily life would be very emotional, up n down haha.

Joey23

116 posts

Posted by Joey23 > 2020-07-24 15:16 | Report Abuse

Be Patient

JK22

1,789 posts

Posted by JK22 > 2020-07-24 15:29 | Report Abuse

Ya.. They those who need fund and need to take profit.

Newbiesky

792 posts

Posted by Newbiesky > 2020-07-24 16:40 | Report Abuse

hi taloha. long time no see. haha

longvalley

2,287 posts

Posted by longvalley > 2020-07-25 11:27 | Report Abuse

...... by August the difference story....,
.......hopefully gd nws....
Lets see

mylinuxbsd

139 posts

Posted by mylinuxbsd > 2020-07-27 10:19 | Report Abuse

no power, those need to make profit already made their money.

those who brought, wait for 4 months

Flyinghorse

3,721 posts

Posted by Flyinghorse > 2020-07-27 16:54 | Report Abuse

Going back to 0.045 ?

Flyinghorse

3,721 posts

Posted by Flyinghorse > 2020-07-28 07:23 | Report Abuse

Fresh new day. Barakah will continue go south or reverse and go up north ?

JK22

1,789 posts

Posted by JK22 > 2020-07-28 10:00 | Report Abuse

Only up. Those profiting already shaken out . Now chasing high. Collect or not up to you. Oil price will soon recover . Financial institution will not longer able to support O&G . Many will go down.. Demand will over supply soon

Newbiesky

792 posts

Posted by Newbiesky > 2020-07-28 10:03 | Report Abuse

roadblock at 6.5 sens

taloha

206 posts

Posted by taloha > 2020-07-28 15:25 | Report Abuse

@ Newbiesky, hey yea bro hope u doing fine

taloha

206 posts

Posted by taloha > 2020-07-28 15:32 | Report Abuse

lol sorry to say crude oil up or down does not affect MUCH in barakah, not even covid19. What really can make barakah spike is depend on 3 things, operator wan goreng or not, speculation and lastly is inside news. This is pn17.

taloha

206 posts

Posted by taloha > 2020-07-28 15:48 | Report Abuse

barakah is still having strong cash flow of 90m. Consider steady for a tiny like barakah. Continuously granted restraining orders from creditors by high court. Actually i see there is a light in barakah. Aiyaa don’t all in la no need make life so ganjeong.

Newbiesky

792 posts

Posted by Newbiesky > 2020-07-28 16:21 | Report Abuse

yeah, I'm fine @taloha. nope, I didn't all in, just hopping it can reach 8.5 sens.

Flyinghorse

3,721 posts

Posted by Flyinghorse > 2020-07-29 06:32 | Report Abuse

Fresh day. Let see if today can go above 7 sen or not

sirdukes

62 posts

Posted by sirdukes > 2020-07-29 09:31 | Report Abuse

hopefully

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