Posted by vicky > 2014-03-28 10:10 | Report Abuse

hi, the news announcement is for Barakah-LA. So, want to ask what is the impact to mother share? I know Barakah have strong base. However, the news announcement doesn't look good. is Barakah still worth to hold?

Posted by KAQ4468 > 2014-03-28 12:59 | Report Abuse

Mari lorrr...will buy back @ RM 1.40++... So lucky sold @RM 1.560 last week..

Posted by michael99 > 2014-03-30 13:04 | Report Abuse

1.45 is good for me already

Posted by johnny cash > 2014-03-30 13:37 | Report Abuse

https://www.facebook.com/photo.php?fbid=766629140015031&set=a.228820880462529.68340.228799620464655&type=1&theater BARAKAH (7251) break RM1.50 support level ?

Posted by caven101 > 2014-03-31 12:59 | Report Abuse

ready buy back once price below 1.30...

Posted by MikeT > 2014-04-02 15:34 | Report Abuse

barakah won saudi tender?

Posted by aiman168 > 2014-04-02 16:03 | Report Abuse

is it?haiyo anyone have the info?is it confirm?

Posted by huat888 > 2014-04-02 16:05 | Report Abuse

if not mistaken, re-tender Saudi job lah

Posted by wploun > 2014-04-03 11:55 | Report Abuse

Steady one day up 3~6cent with <3M share will soon move up to $1.8 level.

Posted by qwertyuiop > 2014-04-03 13:59 | Report Abuse

Breaks 1.6 is crucial .

Posted by AhMoi > 2014-04-03 14:08 | Report Abuse

The 1st redemption date for the RCUL was on 31-3-2014, Barakah did not redeem, so think the potential earning dilution is keeping Barakah's price down.

The price has dropped to 1.49, very close to the 1.48 stated by JCool in his post below.




JCool Tis redemption thingy.... has great impact.... n is gonna happen in jz months..... not years


While HLB is betting thr wil b no redemption....

MBBs stance is rather unclear... as it has not mentioned tis redemption at all..... so either its stance is...

thr wil b redemption.. as such.. no dilution.... n thus..... in total disagreement wit HLB...

Or..

in d worst case scenario...... it has missed d redemption thingy..... n hv not factored in d dilution in EPS.... tis can only means its TP of 1.98 is grossly overstated by 25%... or shd in fact b jz 1.48....
14/01/2014 09:07

Posted by Alex Lim > 2014-04-08 21:24 | Report Abuse

Barakah Oh Barakah

Posted by wploun > 2014-04-09 09:39 | Report Abuse

Move between 1.5~1.6 for past 1 month. Today can break 1.60 ?

Posted by therock2633 > 2014-04-09 13:54 | Report Abuse

Sure can..

Posted by sammaark > 2014-04-09 15:03 | Report Abuse

Hope too..

Posted by qwertyuiop > 2014-04-09 15:58 | Report Abuse

This stock will never disappoint you. better collect at current price, no problem one.

Posted by bmwf10 > 2014-04-09 16:20 | Report Abuse

"The 1st redemption date for the RCUL was on 31-3-2014" ?? ...what is this...

...anybody can explain briefly in the simple layman language ?

Posted by Alex Lim > 2014-04-09 21:46 | Report Abuse

Barakah Oh Barakah. It's time to climb back to 1.9

Posted by jenabchen123 > 2014-04-10 20:18 | Report Abuse

Spirit coming already. Players circling Oil and Gas stock now. With Oil price continue above USD 100, with thing in Ukraine disrupting supply to Europe, Petronas got a lot profits to spare.

Posted by LuckyLucky > 2014-04-11 13:53 | Report Abuse

low volume....

Posted by Alex Lim > 2014-04-11 22:03 | Report Abuse

only up when get contract

Posted by Azli > 2014-04-13 15:24 | Report Abuse

Waiting for below 1.5 to grab

Posted by Alex Lim > 2014-04-14 18:27 | Report Abuse

Finally, contract come



Type Announcement
Subject OTHERS
Description BARAKAH OFFSHORE PETROLEUM BERHAD

AWARD OF CONTRACT FOR THE PROVISION OF PRE-COMMISSIONING SERVICES FOR PIPELINE



Barakah Offshore Petroleum Berhad ("Barakah" or the “Company") is pleased to announce that its wholly-owned subsidiary company, PBJV Group Sdn Bhd, has received a letter of award from GOM Resources Sdn Bhd for the provision of pre-commissioning services for 28” x 282km pipeline from onshore Kerteh Terengganu towards the border of Malaysia/Thailand Joint Development Area (“Contract”).


Work for the Contract is expected to commence in Third Quarter for the financial year ending 31 December 2014 and is expected to be completed by First Quarter for the financial year ending 31 December 2015.


The Contract is expected to contribute positively towards the earnings and net assets per share of Barakah Group for the duration of the Contract.


Risk factors affecting the Contract include, but not limited to, execution risks such as availability of skilled manpower and materials and changes in prices of materials. Barakah Group has, throughout the years, established its track record and expertise to undertake such projects.


As such, the management believes that Barakah Group is able to mitigate the abovementioned risk factors.


None of the Directors and/or major shareholders and/or persons connected with the Directors and/or major shareholders of the Company has any direct or indirect interest in the Contract.



This announcement is dated 14 April 2014.

Posted by crawler > 2014-04-14 19:01 | Report Abuse

old news

Posted by 8u29song > 2014-04-14 19:03 | Report Abuse

what's project sum ?

Posted by ymtan > 2014-04-14 20:24 | Report Abuse

Crawler . Do u meant the Saudi Arabia one is a big project?? But not yet announce , right ??

Posted by nightc > 2014-04-14 21:13 | Report Abuse

old news or new news doesn't matter...as long as the news affects share value.

This one is going up. :-)

Posted by shafir888 > 2014-04-14 21:14 | Report Abuse

http://www.thestar.com.my/Business/Business-News/2014/04/14/Barakah-Offshore-bags-282km-pipeline-job-near-Malaysia-Thai-border/

Posted by joni > 2014-04-15 09:17 | Report Abuse

good to stay above 1.58

Posted by SJaladdin > 2014-04-15 10:11 | Report Abuse

kenanga lower its tp from rm1.98 to 1.74

Posted by kingleecha > 2014-04-16 17:00 | Report Abuse

bad management team. wont go further.

Posted by jackson87 > 2014-04-16 17:07 | Report Abuse

Stagnant there 1.5 plus

Move plz barakah

Kekekekekeke

Posted by jenabchen123 > 2014-04-18 13:20 | Report Abuse

But we should no worry. I heard its margin for contract with Petronas awarded recently is handsome.

Posted by jenabchen123 > 2014-04-18 13:20 | Report Abuse

And the contract amount not small small one.........

Posted by manutdchampion > 2014-04-18 14:01 | Report Abuse

sure?

Posted by Aceed Dica > 2014-04-18 18:40 | Report Abuse

本当？

Posted by Carrie Loh > 2014-04-21 15:35 | Report Abuse

power la. broke 1.60 then it will be high sky... come on board before its too late... thich block at 1.59 also cleared within 5min...

Posted by bobo > 2014-04-21 16:00 | Report Abuse

1.60 alr

Posted by joni > 2014-04-21 16:41 | Report Abuse

yes its ON

Posted by machiaveli > 2014-04-21 16:51 | Report Abuse

its not the time to fly yet.....

Posted by taiko36 > 2014-04-21 16:54 | Report Abuse

a lot of high value projects hv been awarded

Posted by hasruld > 2014-04-21 18:03 | Report Abuse

I heard so too..

Posted by knight1 > 2014-04-21 20:49 | Report Abuse

Price broke 1.58 & closed above structure resistance, that's a buy signal.

Posted by golden_horse > 2014-04-21 20:59 | Report Abuse

buy now before too late..

Posted by Alex Lim > 2014-04-21 21:41 | Report Abuse

Sleep dragon wake up after Alam.....go go go

Posted by bmwf10 > 2014-04-22 08:13 | Report Abuse

barakah won johor onshore 72km pipeline

Posted by Alexofb2b > 2014-04-22 08:16 | Report Abuse

wow, Barakah is moving lor...........

Posted by hasruld > 2014-04-22 09:14 | Report Abuse

Is it true barakah won pengerang?

Posted by qwertyuiop > 2014-04-22 09:22 | Report Abuse

Has successfully broken major resistance 1.60, yes it has waken, bababarara, strong counter, never disappointing. Buy !

Posted by hasruld > 2014-04-22 12:36 | Report Abuse

no enough buyer back to 1.60