Agreed with you ktrader..might be right and also might miss the flight.. I'm investor..only entered 2 or 3 times a year with right price.. How smart we're , we will not get the lowest price ever and sell at the highest price.. Everyone have their own methodology and indicator..
I did't own any single share of Barakah..but will acquire soon.. Overbought market still need to neutralize ..healthy correction.. Right time purchase ..
Hope Barakah today able to close on 1.40 let more investor come back on next week. Need to close in more higher price before any announcement from barakah on petronas contract then just worth for us can earn more. Wakakaka
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 Kebabangan Petroleum Operating Company Sdn Bhd (“KPOC”) for the provision of dewatering, drying and dry preservation of 14” and 24” KBB Linepipes for Kebabangan Nothern Hub Development Project (“Contract”) at a contract value between RM20 million to RM25 million. The work for the Contract is expected to commence in Q4 2013 and is expected to be completed by Q1 2014.
Description BARAKAH OFFSHORE PETROLEUM BERHAD - AWARD OF CONTRACT FOR THE PROVISION OF DEWATERING, DRYING AND DRY PRESERVATION OF 14” AND 24” KBB LINEPIPES FOR KEBABANGAN NOTHERN HUB DEVELOPMENT PROJECT
INTRODUCTION 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 Kebabangan Petroleum Operating Company Sdn Bhd (“KPOC”) for the provision of dewatering, drying and dry preservation of 14” and 24” KBB Linepipes for Kebabangan Nothern Hub Development Project (“Contract”) at a contract value between RM20 million to RM25 million. The work for the Contract is expected to commence in Q4 2013 and is expected to be completed by Q1 2014.
FINANCIAL EFFECTS The Contract is expected to contribute positively towards the earnings and net assets per share of Barakah Group for the financial year ending 30 September 2014.
Barakah is ' like a box of chocolate, u never know wht u gonna get, until u open it'. so catch it on Monday before it takes flight. Don't analyse too much - 'paralysis by analysis'
Can someone explain to me why they are showing Vastalux Energy Berhad (VEB) annual report instead of Barakah Offshore Petroleum Berhad annual report? If I take the amount of revenue from VEB report, is it the same with Barakah's? Please help. I would be very grateful if somebody enlighten me a bit. I'm trying to get my assignment done. Thank you in advance! :)
Barakah is an mystery package we don't know what will have inside the box. its could be gold also could be an nothing. if you believe that will bring you a happy moment just wait for future, if you not believe that is your right to quit cause money our own. Barakah is a good company have potential growth in their business and the share market price for this moment is still cheaper. GAS and OIL related company all will be shine on this few year so good to invest. we are hard to predict what will going on future if feel something wrong just quick on future but at least we are collect on cheaper price before it going to next high price. Good example company for offshore related company. Share market from FEB 2013 to NOV 2013
Dayang - provision of offshore topside maintenance services, minor fabrication works and offshore hook-up and commissioning services for oil and gas industry(From 1.90 - 5.31),
seems this stock if there any change to be made it should be uptrend..look at the secured contract with petronas....no problem of achieving 1.45-1.50 in not too far future
just keep this stock in ur portfolio and watch its performance after 6 months to a year. Definitely 50 - 80% ROI. Just look at Punack Niaga at Rm 3.48, a 198% increase from January 2013
Just reading PRC4WIFEFE. This guy first call sell sell sell. Sometimes buy buy. Now reversed. Simple my friend. If u dont like this stock, dont whine and be like a nagging wife. Move on to other stock. But knowing u it will repeat of the same cycle.
'Our TP, pegged to 12x FY15 fully diluted PER, is under review pending the contract announcement' of the for the Pan Malaysia T&I job." MBB. That is why they strongly recommend "BUY"
the most funny weirdest name in history of bursa ! why cant they choose some fancy name like "ting ting ching ching oil corp" " halikingking petroleum" instead of ba... ra.. kah.. ba .. ra.. kah.. ..ba .. ra.. kah..
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....
freonsf
645 posts
Posted by freonsf > 2013-11-21 16:48 | Report Abuse
congrat to you Saddiq, enjoy the trip in this boat.