I think the long term upward momentum of its price is intact with or without the potential Saudi project. The Saudi project has been factored into the price already. If they fail to win the project, there may be a temporary sell down on the price and of course if they win it, the uptrend will be expedited. Whichever scenario, the long term growth potential of the company is good.
woo...good job barakah, performing solidly, sold off recently to pursue other counters, hope you do well la, but if drop also nvm la, then i can reenter again...lol
i like the video, it agrees my opinion but this is NOT a political forum. We have to respect others in the sense this forum is each of us to share/ pick up important points on the counter. This type of topic comes in will only defocus our minds. The Chinese saying 'don't eat and shit at same place'.
I also bought some at 1.80 today. I have high hope that there is good news on Saudi project by end of this month. Then, someone will sure goreng betul-betul this counter.
Dont speculate. Everyone talking about saudi project. Please also look into barakah other projects on the pipelines. Don't just follow blindly when comes to buying shares.
I presumed most of us in this forum are speculators. When we see the price is good and able to meet our profit expectation, we will sell it. In this online trading world, I don't think it is suitable to call ourselves investors unless we buy for the sick of holding the counter for long run regardless of the price fluctuation.
aboochansami - I know Barakah has very good potential and is good counter for keeping but other O & G counters are also very tempting. Not enough capital to hold a lot.
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....
teddy070703
7 posts
Posted by teddy070703 > 2014-02-07 10:24 | Report Abuse
How anyone will know if the middle east contract is good or bad? just rumor mongers will know... sigh!!!
BTW with its expertise and experience, do not surprise if it gets more contracts in Malaysia eg Jphor Pengarang project ...???