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

hasruld

47 posts

Posted by hasruld > 2014-05-08 10:18 | Report Abuse

wah today climb to 1.74..any good news?

pineapple

225 posts

Posted by pineapple > 2014-05-08 12:15 | Report Abuse

Vicky .if today u buy rm1.34 . U need to top up rm0.20 to convert the loan to mother share in oct. Ur cost rm1.54. Is it correct sifu ?

vicky

56 posts

Posted by vicky > 2014-05-08 12:31 | Report Abuse

Thanks, pineapple. How do convert it to mother share?

pineapple

225 posts

Posted by pineapple > 2014-05-08 17:00 | Report Abuse

Depending where u buy from. Ur broker or investment bank will call u...

hasruld

47 posts

Posted by hasruld > 2014-05-08 19:24 | Report Abuse

Barakah won another project from Petronas Dagangan worth 29m..announced today..go go barakah

johnny cash

6,400 posts

Posted by johnny cash > 2014-05-09 14:00 | Report Abuse

Barakah Offshore Petroleum ----DATED 8/05/14,,UOB KAY HIAN
(BARAKAH MK)
Technical BUY with +20.7% potential return
Last price : RM1.69
Target Price : RM1.90
Support : RM1.60
Stop-loss: RM1.58
BUY with a target price of RM1.90 with stop
loss placed below RM1.58. BARAKAH’s share
price breached the immediate resistance of
RM1.60 on 22 Apr 14 after consolidating in a
tight range since 25 Feb 14. BARAKAH had
climbed and hit a new high of RM1.69 before
profit-taking activity pulled the share price
lower. Nevertheless, the share price remained
steady above the rising trendline, thus last
Wednesday’s retest of the recent high should
signal the potential continuation of the previous
uptrend. Given the uptick in the RSI, positive
momentum should lend support to the share
price so that it can nudge higher and possibly
retest the all-time high of RM1.90 in the near
term

vicky

56 posts

Posted by vicky > 2014-05-12 13:26 | Report Abuse

really slow performance. Last week raise to 1.74... now drop to 1.68

chinchiaho

673 posts

Posted by chinchiaho > 2014-05-13 10:01 | Report Abuse

Dear Vicky & Pineapple, pls be informed the conversion of LA to mother share requires no payment at all, a lot of people are confused on this. Come Oct2014, the LAs are freely convertible into mother share at perhaps a small processing fee, if any.

Sky Liew

940 posts

Posted by Sky Liew > 2014-05-16 12:27 | Report Abuse

Barakah Offshore Petroleum (BARAKAH MK)
Earnings To Ramp Up In 2H14
Barakah Offshore Petroleum recently secured more pipeline installation projects,
proving to investors that it has what it takes to win contracts. While the main risk
lies in execution, we believe that the company could execute its jobs at decent
margins given its good track record and expect earnings to ramp up in 2H14. We
upgrade the stock to BUY from HOLD with a higher target price of RM1.95 from
RM1.70 as we upgrade our earnings forecasts in FY15.

nana88

110 posts

Posted by nana88 > 2014-05-16 15:54 | Report Abuse

@Sky Liew, where did you retrieve that from ?

Sky Liew

940 posts

Posted by Sky Liew > 2014-05-16 16:46 | Report Abuse

uob research
finaly want up tp

hwang112

39 posts

Posted by hwang112 > 2014-05-23 00:27 |

Post removed.Why?

vicky

56 posts

Posted by vicky > 2014-05-23 17:29 | Report Abuse

near to 2h, why still dropping?

sean

312 posts

Posted by sean > 2014-05-25 06:54 | Report Abuse

shd be continue dropping, but it a good chance to buy

Posted by anthonykok > 2014-05-26 10:33 | Report Abuse

Y keep dropping?

knight1

73 posts

Posted by knight1 > 2014-05-26 12:03 | Report Abuse

There's nothing unusual, stock price is driven by supply & demand. If the supply is high & demand is flat, price is going down & vice versa.

dg123

72 posts

Posted by dg123 > 2014-05-27 08:55 | Report Abuse

it is at fib 23.6% now, a rebound is in development.

yamiyugi

90 posts

Posted by yamiyugi > 2014-06-02 12:09 | Report Abuse

anyone knows why drop so much today?

focuz

1,447 posts

Posted by focuz > 2014-06-02 12:22 | Report Abuse

Only 0.03 cent normal lah! U mean market sentiment dwn a lot?

angku

489 posts

Posted by angku > 2014-06-02 18:37 | Report Abuse

i think this counter will continue to stay flat until next quarter report. unless pushed by some big brother

livermore

270 posts

Posted by livermore > 2014-06-02 18:40 | Report Abuse

Oh no barakah.....

Posted by ChristianoJay > 2014-06-02 19:34 | Report Abuse

There still a Saudi Tender on August this year, mayb the price will move up before the tender news announced.

Janet_cd

46 posts

Posted by Janet_cd > 2014-06-06 12:20 | Report Abuse

Good time to buy if price drop below 1.57

livermore

270 posts

Posted by livermore > 2014-06-06 12:23 | Report Abuse

maybe barakah will not get the tender?

dg123

72 posts

Posted by dg123 > 2014-06-06 18:51 | Report Abuse

down with low volume, a sign it is pushed down so big player can collect

sheep

3,849 posts

Posted by sheep > 2014-06-11 14:59 | Report Abuse

affected by the oil pipeline explosion?

sheep

3,849 posts

Posted by sheep > 2014-06-11 15:00 | Report Abuse

total loss?

dg123

72 posts

Posted by dg123 > 2014-06-11 17:15 | Report Abuse

sheep, what u mean?

Posted by RichandRich > 2014-06-13 11:06 | Report Abuse

have good faith in this. Collect before it flies high.

pradeep

1,324 posts

Posted by pradeep > 2014-06-13 11:49 | Report Abuse

I agree with you R ichardRich what do you think is the target

Alexofb2b

1,304 posts

Posted by Alexofb2b > 2014-06-13 11:55 | Report Abuse

Barakah, it may retest its support at 1.50000 near terms......., be aware lor.......

pradeep

1,324 posts

Posted by pradeep > 2014-06-13 11:59 | Report Abuse

I doubt Alexofb2b

Alexofb2b

1,304 posts

Posted by Alexofb2b > 2014-06-13 12:06 | Report Abuse

pradeep ,

Basing on chart, its hourly and daily shows weakness/ bearish . However, chart is chart, one can never predict the Traders' Sentiments over the next few days.... so just keep watching closely .....

May God bless All.......

pradeep

1,324 posts

Posted by pradeep > 2014-06-13 12:11 | Report Abuse

Thanks Alexofb2b

vicky

56 posts

Posted by vicky > 2014-06-16 09:24 | Report Abuse

this counter still worth to hold after the latest announcement come out?

pradeep

1,324 posts

Posted by pradeep > 2014-06-16 13:26 | Report Abuse

Vicky when the latest announcement coming out any idea to the target price, please advice

vicky

56 posts

Posted by vicky > 2014-06-16 18:09 | Report Abuse

Hi, Pradeep,
I also no idea on the Target price.
But the latest change in board make me worry.
http://klse.i3investor.com/servlets/anpth/997450.jsp
hence, i want to ask you guys opinion whether is it a good or bad news to barakah?

angku

489 posts

Posted by angku > 2014-06-16 18:30 | Report Abuse

same question raised

pradeep

1,324 posts

Posted by pradeep > 2014-06-16 18:58 | Report Abuse

Vicky and angku I don't see any problem due to the reason the fundamental is intact we have to wait for the announcement of new project

pradeep

1,324 posts

Posted by pradeep > 2014-06-16 18:59 | Report Abuse

Some guys are collecting this stock earlier 1.58/1.59 now 1.61/1.62

ngcc76

40 posts

Posted by ngcc76 > 2014-06-16 22:25 | Report Abuse

WAITING MIDDLE EAST TENDER. ONCE WIN THE TENDER, SURE WILL UP HIGH HIGH.
BE PATIENT.

pradeep

1,324 posts

Posted by pradeep > 2014-06-17 00:31 | Report Abuse

Ngcc76 I agree with your opinion

jsphyau

9 posts

Posted by jsphyau > 2014-06-18 11:04 | Report Abuse

Any idea when is the Middle East tender announcement?

angku

489 posts

Posted by angku > 2014-06-18 11:29 | Report Abuse

august

jsphyau

9 posts

Posted by jsphyau > 2014-06-18 11:31 | Report Abuse

Any indication of a successful tender?

pradeep

1,324 posts

Posted by pradeep > 2014-06-18 13:13 | Report Abuse

well supported should move higher

angku

489 posts

Posted by angku > 2014-06-18 16:45 | Report Abuse

jsphyau, not sure about the chance

crawler

4,829 posts

Posted by crawler > 2014-06-24 12:02 | Report Abuse

still long way before august..I foresee some correction..hold position

pradeep

1,324 posts

Posted by pradeep > 2014-06-25 20:35 | Report Abuse

Don't worry fundamental of this stock is intact

skyz

1,650 posts

Posted by skyz > 2014-06-27 11:47 | Report Abuse

huge road block ahead :(

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