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

pradeep

1,324 posts

Posted by pradeep > 2014-06-27 14:21 | Report Abuse

Road block even though huge it is artificial

pradeep

1,324 posts

Posted by pradeep > 2014-07-02 14:51 | Report Abuse

Skyz I have to agree with you it is something real which I did not notice anyhow thanks

angku

489 posts

Posted by angku > 2014-07-02 17:55 | Report Abuse

any bad news?

livermore

270 posts

Posted by livermore > 2014-07-03 12:47 | Report Abuse

what happen to barakah?

skyz

1,650 posts

Posted by skyz > 2014-07-03 15:22 | Report Abuse

maybe some people are already bored of the stagnancy, endure some loss, pack their bags and went to other counters?

ngcc76

40 posts

Posted by ngcc76 > 2014-07-03 15:37 | Report Abuse

coming to oversold position. No any latest news.

skyz

1,650 posts

Posted by skyz > 2014-07-03 16:07 | Report Abuse

quite heavy buy queue at 1.53 zone. seems like got intention to push it down for big players to accumulate.

Hunkyman

207 posts

Posted by Hunkyman > 2014-07-06 17:15 | Report Abuse

Waste of time for 2014

vicky

56 posts

Posted by vicky > 2014-07-07 16:27 | Report Abuse

2h will be better later. now wait for good news only.

Posted by REDbutterfly > 2014-07-14 08:38 | Report Abuse

ready to fly..buy buy

dell6400

26 posts

Posted by dell6400 > 2014-07-21 14:09 | Report Abuse

Sleeping counter?

Posted by zainalazaha69 > 2014-07-22 10:56 | Report Abuse

Bila caunter attack?

Harvard57

495 posts

Posted by Harvard57 > 2014-07-22 15:22 | Report Abuse

this counter must wait punya, i was told it will be second Dayang, slow slow collect and out of sudden Petronas award a package, they will goreng and announce bonus n share spli into 10 sen.

dell6400

26 posts

Posted by dell6400 > 2014-07-22 22:18 | Report Abuse

wait until when ah?

Datokim

600 posts

Posted by Datokim > 2014-07-23 00:26 | Report Abuse

when our Tun petronas advisor retire

skyz

1,650 posts

Posted by skyz > 2014-07-25 16:45 | Report Abuse

finally some positive movements... the big players had accumulated enough and plan to buy their way up....

johnny cash

6,400 posts

Posted by johnny cash > 2014-07-31 13:06 |

Post removed.Why?

johnny cash

6,400 posts

Posted by johnny cash > 2014-07-31 13:08 | Report Abuse

 Selective small/mid caps to appeal. In our review of the last 14 years, small caps - as
proxied by the FBMSC Index - are enjoying one of their longest sequential winning
streak, having outperformed the FBMKLCI on a mom basis in the last seven months.
While the index’s absolute PE and discount to the FBMKLCI’s PE are no longer
compellingly cheap, we see good market liquidity and low risk aversion supporting
moderate outperformance by small/mid caps.
 Stick with small/mid-cap plays that have compelling investment themes:
a) O&G plays, namely Barakah and Deleum. Share price of Uzma has eased after our
recent downgrade to HOLD (following its strong outperformance) and the stock would
be attractive again if it softens further.
b) Property plays, namely emerging developer MRCB, which has multiple catalysts (the
upcoming prime Kwasa Land and PJ2 developments, more property disposals to a
Quill Capita REIT, EDL tolling). We also like emerging REIT plays like WCT (which
has some RM1.5b of investment properties, equivalent to 0.9x of market cap, that
could be REITed) and Tiong Nam Logistics, which could set up a RM700m industrial
REIT (1.3x current market cap). We also like Sunway, and expect it to successfully
replicate its Bandar Sunway (Selangor) township development in Medini, Iskandar.
 Other themes we like are: Cyclical recovery plays such as SKP Resources (BUY on
weakness) which is poised to deliver a 3-year net profit CAGR of 23-30%. Finally, we like
the Sarawak Corridor of Renewable Energy (SCORE) theme, for which our key pick is
Cahya Mata Sarawak, which is poised to benefit from the commencement of operations
at its ferrosilicon alloy smelter plant by Sep 14. This should boost CMS’s earnings by
15% once it is in full production in 2015.
RISKS
 Small/mid caps typically fare worse during downdrafts. In our small/mid caps
strategy, note the downside risks during downdrafts. We note the FBMSC fared
significantly worse than large caps during bearish markets. Hence, we advocate sticking
to small/mid caps with compelling near-term catalysts.

helloQst

30 posts

Posted by helloQst > 2014-08-01 00:17 | Report Abuse

it look like old men stock????////// up down..updown , ..up down...ha ha ha!!!

sarawakian

292 posts

Posted by sarawakian > 2014-08-01 18:04 | Report Abuse

betul betul uji kesabaran....

chin888

313 posts

Posted by chin888 > 2014-08-05 10:41 | Report Abuse

Can start accumulate this stock?

joerakmo

725 posts

Posted by joerakmo > 2014-08-06 11:34 | Report Abuse

accumulate loan stock!

kt888 88

313 posts

Posted by kt888 88 > 2014-08-06 14:55 | Report Abuse

why is loan stock?

dell6400

26 posts

Posted by dell6400 > 2014-08-06 20:40 | Report Abuse

Hopefully the old man will become Superman soon
http://biz.sinchew.com.my/node/99563?tid=23

newkid

966 posts

Posted by newkid > 2014-08-07 12:58 | Report Abuse

i heard got very big new coming soon, TP220 -2.50

angku

489 posts

Posted by angku > 2014-08-07 14:52 | Report Abuse

Do you mean their tender in Saudi Arabia?

johnny cash

6,400 posts

Posted by johnny cash > 2014-08-09 20:56 | Report Abuse

https://www.facebook.com/228799620464655/photos/np.89245001.100002496753938/833096970034914/?type=1&notif_t=notify_me

BARAKAH (7251) retest RM1.54 support level again...

login to facebook first

ngcc76

40 posts

Posted by ngcc76 > 2014-08-11 10:12 | Report Abuse

can't see

tchaipeng

63 posts

Posted by tchaipeng > 2014-08-12 17:10 | Report Abuse

anticipate Barakah will win BIG Saudi o&g project soon ... Buy now before too late .. Something big is brewing ... accumulate when it is Quiet at low price ... !! watch out !!

tchaipeng

63 posts

Posted by tchaipeng > 2014-08-13 17:14 | Report Abuse

Here comes the mid-cap O&G play... today someone swallow at 4:40p.m. to push price up from $1.54 to $1.59 !!!! Good job! See you UP UP there tomorrow.

JayC

1,302 posts

Posted by JayC > 2014-08-13 17:21 | Report Abuse

buy barakah - LA better. another 2 month can convert to mother share already

Posted by Lollipot Anison > 2014-08-13 22:37 | Report Abuse

JayC what is the conversion price for LA, mind to share?

Posted by Lollipot Anison > 2014-08-13 22:44 | Report Abuse

last minute push, sth is brewing?

JayC

1,302 posts

Posted by JayC > 2014-08-14 12:22 | Report Abuse

1 for 1 conversion....

angku

489 posts

Posted by angku > 2014-08-15 16:45 | Report Abuse

why the selling

AliAbu

134 posts

Posted by AliAbu > 2014-08-16 20:00 | Report Abuse

???? why ???? scared ?????

angku

489 posts

Posted by angku > 2014-08-16 21:46 | Report Abuse

not yet. just bored

JayC

1,302 posts

Posted by JayC > 2014-08-16 22:37 | Report Abuse

Any news when gonna explode?

sheep

3,849 posts

Posted by sheep > 2014-08-16 22:39 | Report Abuse

selling means bad quarterly result...coming out

tchaipeng

63 posts

Posted by tchaipeng > 2014-08-16 23:01 | Report Abuse

UOB covered Barakah .... Go go go

KUALA LUMPUR: UOB Kay Hian Malaysia Research expects market conditions will continue to favour small/mid-cap stocks, which have outperformed the FBM KLCI on a month-on-month basis in the last seven months.

The research house said this was one of the longest winning streaks in its 14-year performance review.

“Year-to-date (YTD), the FBM Small Caps Index has outperformed with a 21.7% year-to-date rise versus the KLCI’s 0.6%.

“We advocate being selective, picking beneficiaries of compelling investment themes or with specific event catalysts. These include Deleum, Barakah Offshore and Malaysian Resources Corp Bhd (MRCB),” it said.

UOB Kay Hian while small/mid caps have trounced the large caps’ YTD returns in all sectors under its coverage in 1H14, it reckons market conditions will still support further outperformance although it advocates being selective in stock picking.

“Valuation drivers include ample domestic liquidity amid government-led efforts to support undervalued small/mid-caps in Budget 2014.

“We also reckon retail investors, who have remained net sellers of Malaysian equities with RM500mil and RM6.5bil in net sell trades in 1H14 and 2013 respectively, would raise exposure in small/mid-caps.

“We also reckon the interest rate environment is still supportive, and even a potential further 25 basis point hike in the overnight policy rate (OPR) in September 2014 would not derail sentiment,” it said.

UOB Kay Hian said however, speculation in particularly the micro-to-small caps is stretched, for example companies trading at high multiples (nearing 10 times) or investors bidding up unproven conceptual stocks without perusing the strength of their business models (for example quality of earnings).

However, it pointed out that there was still value to be found. Small/mid-caps, as proxied by the FBM Small Cap Index, are up 21.7% YTD and 60.5% since the General Election in 2013, against the KLCI’s 0.6% and 10.8% respectively.

“Our top picks are MRCB, Deleum and Barakah (particularly its loan stock), while interesting situational stocks include Hong Leong Industries (see table overleaf).

“Notable NOT-RATED stocks include Suiwah, Tune Insurance and Heveaboard. Heveaboard’s earnings growth will be driven by higher operating margins from its expansion into higher-value ready-to-assemble (RTA) products, a more favourable product mix in the particle board segment, as well as a 50% decline in interest expense from 2Q14 onwards, having already settled its high-interest-rate term loans.

“Other beneficiaries of thematic investment plays include Sunway (emerging township in Medini, Iskandar) and SKP (cyclical recovery play).

“The recent retracement of HOLD–rated stocks that should rebound include Uzma and Tropicana. For year-end positioning, we like Perisai, Sunsuria and WCT,” it said.

http://www.thestar.com.my/Business/Investing/2014/07/31/Market-conditions-to-favour-small-mid-cap-stocks-UOB-Kay-Hian/

Posted by Lollipot Anison > 2014-08-19 15:25 | Report Abuse

nt bad today

JayC

1,302 posts

Posted by JayC > 2014-08-19 15:30 | Report Abuse

barakah up but barakah-la not following suit

Posted by Lollipot Anison > 2014-08-19 15:48 | Report Abuse

yea. barakah mother is a better bet

sarawakian

292 posts

Posted by sarawakian > 2014-08-19 16:11 | Report Abuse

Barakah's waking up from its' slumber?

JayC

1,302 posts

Posted by JayC > 2014-08-19 16:35 | Report Abuse

barakah mother is better bet because public misunderstand that LA need 0.20 to convert

JayC

1,302 posts

Posted by JayC > 2014-08-19 16:50 | Report Abuse

i mean public think that they need 0.20 to convert LA to mother. That is why the difference

sarawakian

292 posts

Posted by sarawakian > 2014-08-19 21:42 | Report Abuse

http://biz.sinchew.com.my/node/100457?tid=18
TP:RM1.95

Posted by winterspot > 2014-08-26 23:17 | Report Abuse

This counter still no up movement...

Posted by Lollipot Anison > 2014-08-27 00:45 | Report Abuse

when is the petronas T&I contract commence? anyone can update me?

eddie168

17 posts

Posted by eddie168 > 2014-08-27 15:37 | Report Abuse

now mother share more worth it

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