at current price, if you are using CURRENT EPS, its already trading at around PE12. wat the analyst are using are forecasted earnings on FYE15 and FYE16 respectively. if their PER10 can be adopted, the TP is most likely occur in a year's time theoratically. I have no choice since I'm stuck, so I have to endure first. I also do hope the TPs given by the analyst do come true though realistically it wont be happening, at least in the near future. until Arab countries stop playing loggerhead games with US.
next announcement also good result lah... bcos on hand they aldy have RM 2.3 billion projects.... the issue now is the oil price affected..... that's all..... if next year oil price stabilise... able to sustain at USD 80 and above... this stock will have more project due to its good connection and experience.....
the NTA will be getting better and better for the next 3 years for barakah.... simple reason, their profit already locked in. Profit made in the RM 2.3 billion will contribute to NTA. I will buy more on this counter if drop. Treat this counter as long term investment, don't punt and go. Now may be is good chance to spot some good and growth counters in bursa.
Last round my average price was 1.31..... then I sold off half at 1.39..... I bot in 2 week ago at 99 sen..... now my average price is 1.15....... did not see when 1.05..... else can sell buy sell buy to reduce the average price
I've been holding for a yr, wanted to sell when it was 1.8 but thinking it would go higher. I don't like to cut loss so average down la... don't mind to wait another yr..
Market sentiment..... barakah aldy secured rm 2.35 billion of contract on hand for the next 3 years. Profit aldy locked in. This price 98.5 sen.... is very dirt cheap.
profit also no use since in the near future the PER will be greatly slashed by IB analyst. you have an EPS of 20 cents also no use if they just give u a PER of 5 or 6 later!
Joel ...... haha.... u have sold yours....... now want to collect very cheap..... buy a bit lah..... else. .when chiong up... u catch then too late. .. see the profit. .... eps. ... better than a lot of o&g counters
Steeve, I agree barakah performance is relatively better than most other O&G sector counters. but the problem is not the with the company, its with the overall O&G sector. Yaya one day will go up, bila?
Oil production as usual even oil price drop. If the production as usual. Service providers still got business as usual. Oil producers still need service providers to perform the works. Barakah is the service provider, I don't see any major impact. Maybe some reduction in profit margin for new contracts, that's all. Share price press down is due to panic selling by those contra kaki. If you look at the eps for Barakah. At 90 sen, I believe Barakah is traded at PER 7 or 8.
Oil price down..... tell you. Petronas not effected!!!... bcos you are still buying ron 95 at 2.26!! So Petronas lugi what? Only the consumers like us lugi!!!! Excuse the press down the market so we lose money.
Tonite US market open will see another 3% drop in oil price......and might trigger a massive sell off in Dow jones, then wat will happen to our market on Monday?
Oil & Gas SPACS have SOLID CASH...all the other Oil & Gas service providers cum wannabe Oil field owners have huge debts and may possibly face cash flow crunch!!!!
Sheep. ... fund ... bot at 1.36 and 1.37..... current oil price .... push o&g counters down... Other counters also down a lot except armada yesterday signed an agreement... then only dropped 1 sen. For sure barakah earning is locked in for the next 3 years. Will monitor and buy more for my 3rd top up to average down..... what to do.
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....
skyz
1,650 posts
Posted by skyz > 2014-12-02 14:12 | Report Abuse
wait till they all decided to use PER8 the next report...