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

steveooikp

4,689 posts

Posted by steveooikp > 2014-12-27 11:03 | Report Abuse

Sunztzhe spreads negative news .... want to create panic selling so he can buy back at cheap price

steveooikp

4,689 posts

Posted by steveooikp > 2014-12-28 20:13 | Report Abuse

Barakah now per very unreasonably low.

steveooikp

4,689 posts

Posted by steveooikp > 2014-12-30 21:03 | Report Abuse

Good TP by research house. Kenanga TP 1.62

oopstikus

242 posts

Posted by oopstikus > 2015-01-02 16:09 | Report Abuse

buy buy buy

Posted by BURSAMASTER > 2015-01-03 21:49 | Report Abuse

Top picks. For the big cap space, we favour SKPETRO (OP; TP: RM3.03) for its improved risk-to-reward dynamics post the significant share price decline and PETGAS (MP; TP: RM22.14) should be a core-holding for portfolio-benchmarking purposes albeit it is fairly valued for now, given its sustainable earnings that are derived from concession assets. Within the small-&-mid cap space, we see value emerging for BARAKAH (OP; TP: RM1.34) again given the attractive CY15 PER of 4.7x (a significant discount to other peers which trade at 6-8x CY15 PER).

sheep

3,849 posts

Posted by sheep > 2015-01-03 22:05 | Report Abuse

Ini lama punya report... xboleh pakai lagi...

dell6400

26 posts

Posted by dell6400 > 2015-01-05 00:00 | Report Abuse

Is it going to shine? http://www.nanyang.com/node/672956?tid=462

Icon8888

18,658 posts

Posted by Icon8888 > 2015-01-05 00:09 | Report Abuse

Very attractive, to be honest

But I still hesitate to buy. Why ? I also can't answer

kenken85

724 posts

Posted by kenken85 > 2015-01-05 12:14 | Report Abuse

hmm... Can it because of fear? uncertainity of oil future? Look really attractive. Get some at 0.775

Icon8888

18,658 posts

Posted by Icon8888 > 2015-01-05 12:17 | Report Abuse

maybe wait until oil drops until USD50 ? then go in and sapu ?

kenken85

724 posts

Posted by kenken85 > 2015-01-05 12:33 | Report Abuse

OK.. boss.. but too cheap to ignore. buy a bit first. haha

kenken85

724 posts

Posted by kenken85 > 2015-01-05 12:34 | Report Abuse

everybody say wait until usd50. now ady 51.7. so i think can get a bit now.. down side risk is limited.

oopstikus

242 posts

Posted by oopstikus > 2015-01-05 22:18 | Report Abuse

Barakah: Sets its sights on Kepodang gas field. Barakah Offshore Petroleum is confident of securing a pipelaying job from the
Kepodang natural gas field to Tambak Lorok in Central Java in Indonesia, stretching some 200km in length. The integrated solutions
provider’s CEO Syed Abdul Rahim Syed Jaafar said he is cautiously optimistic of obtaining the job by 1Q15. The project will take some two
to three years for completion from the date of procurement. (Source: The Malaysian Reserve)

Posted by KianHin Toh > 2015-01-06 18:40 |

Post removed.Why?

Icon8888

18,658 posts

Posted by Icon8888 > 2015-01-06 18:44 | Report Abuse

Berakah at current price...

Very tempting....

Slurp...

lemang_80

23 posts

Posted by lemang_80 > 2015-01-06 22:33 | Report Abuse

Brent crude oil 52.66, some said the support at 30- 40. Wait a little bit longer before enter...

damagpie

281 posts

Posted by damagpie > 2015-01-07 00:52 | Report Abuse

Im looking to see if the support at 70c holds.

Posted by sarifahselinder > 2015-01-07 13:40 | Report Abuse

Icon888, how can u buy Barakah? ?? How can u buy O&G counters? ? When u r busy promoting counters that will benefit from low oil price!!!

U main ular dua kepala ka??

r°Moi

5,802 posts

Posted by r°Moi > 2015-01-07 15:03 | Report Abuse

How is Hamdan's financial health?

He ought to be a rich guy after floating Barakah....... well, anyway, just wondering.....

Posted by BURSAMASTER > 2015-01-09 00:08 | Report Abuse

uptrend to continue

Icon8888

18,658 posts

Posted by Icon8888 > 2015-01-09 07:35 | Report Abuse

sarifahselinder Icon888, how can u buy Barakah? ?? How can u buy O&G counters? ? When u r busy promoting counters that will benefit from low oil price!!!

U main ular dua kepala ka??
07/01/2015 13:40
----------------

Sarifahselinder I am absolutely shocked by your lack of common sense !

In stock market, it is well known that one has to be contrarian. While export oriented stocks are doing well, never get complacent. The general principle in investing is that when everybody is bullish and in a euphoria (as is the case for export stocks now), always turn around and look to check whether there is a tiger at your back ready to pounce on you

Oil has dropped to USD50. I might not know the bottom, but my guess is that it can't be too far from it

So is it really that contradictory for me too look at Barakah ?

Btw, please don't call me a two headed snake, because that really made me hissed (pissed) (pun intended)


: )

Posted by sarifahselinder > 2015-01-09 08:37 | Report Abuse

Actually I also think those heboh heboh about benefiting from low oil price low RM r jz theme play... isn't it???!!! Low oil price n RM not likely to last for ever not even till year end so benefit pun sekejap je.... Not sustainable to give me long term joy and satisfaction....

Anyway I understood u main front n back... I like n take position macam tu too... seronok betul kalau can time it right dan techniques smooth... aaahhhhh

Icon8888

18,658 posts

Posted by Icon8888 > 2015-01-09 09:19 | Report Abuse

Sarifah,the furniture stocks don't need super low Ringgit to thrive

With RM at 3.25 per usd, Poh Huat is already making 25 sen EPS. So any weakening of RM is a bonus

Also, this is not a mere low RM play, it is also a U.S. recovery play.

Posted by sarifahselinder > 2015-01-09 09:53 | Report Abuse

Kalau US recovery hard n solid... its interest % will go up.. more fund will leave EM n go back to US Malaysia mati la

Kalau US recovery hard n solid.. USD will turn hard n solid... n oil price will betul betul mati... go down to USD 40

Icon8888

18,658 posts

Posted by Icon8888 > 2015-01-09 09:57 | Report Abuse

All those things too macro. Unlike you, I don't have the wisdom and knowledge to judge and make a prediction

Posted by sarifahselinder > 2015-01-09 10:05 | Report Abuse

HaHa dont say that.... ok la ok la masuk dari front masuk dari back I understood dan suka

Tapi kalau US recovery stong USD wil strong... oil price will drop lagi... Barakah can wait till oil price US 40 la... main poh huat dulu

Posted by sarifahselinder > 2015-01-09 10:18 | Report Abuse

Icon8888 I understood what u r doing... masuk dari front masuk dari back

Mungkin I jz belum used to ur way.... u kinky.. u exhibitionist.. u like to do it for public too see

Do it in public... tell me does it intensified the experience???

Posted by sarifahselinder > 2015-01-09 10:28 | Report Abuse

Oh....finally I faham why I thought u masuk dari front masuk dari back... ada sikit apa tu...
It is because u heboh heboh beli counters benefiting from low oil price low RM.. but quite quite u eying barakah pula..

But i understood what u r doing... I suka juga masuk dari front masuk dari back... ahhhhh

r°Moi

5,802 posts

Posted by r°Moi > 2015-01-09 11:38 | Report Abuse

Hamdan setting his determination at 0.735??

Once broken.. to go below 0.70?

SHQuah

5,363 posts

Posted by SHQuah > 2015-01-18 11:51 | Report Abuse

Oil price should go up slowly. More and more North America oil company shutting down and cutting work force. That is what OPEC want. Most reasonable oil price should be $70.00.

SHQuah

5,363 posts

Posted by SHQuah > 2015-01-18 11:52 | Report Abuse

Need to break $0.800 and continue going up. Barakah is a very good company.

Josh Ong

449 posts

Posted by Josh Ong > 2015-01-19 01:38 | Report Abuse

Actually, it's a good time to accumulate this share. I'm accumulating now and yet to achieve my target.

Posted by Lollipot Anison > 2015-01-19 11:17 | Report Abuse

Hopefully brent can convincingly break above 50usd. now it is still not confirmed but Barakah is on my watchlist now

Josh Ong

449 posts

Posted by Josh Ong > 2015-01-19 13:54 | Report Abuse

Lollipot, now your watchlist becoming hot list. hehe... Fortunate for me to purchase some in this morning...

Posted by Lollipot Anison > 2015-01-19 14:41 | Report Abuse

@josh ong what is your avg price? I bought some at 85.

Josh Ong

449 posts

Posted by Josh Ong > 2015-01-19 15:32 | Report Abuse

0.8

Posted by Lollipot Anison > 2015-01-19 15:36 | Report Abuse

let's roll

r°Moi

5,802 posts

Posted by r°Moi > 2015-01-19 16:53 | Report Abuse

Barakah.... all local projects, what if Najib tries to impress Moody not Malaysian.... and ask PETRONAS to give even more tomorrow??

r°Moi

5,802 posts

Posted by r°Moi > 2015-01-19 16:56 | Report Abuse

I mean where else could the extra fund needed comes from more conveniently???

PETRONAS... the ATM

r°Moi

5,802 posts

Posted by r°Moi > 2015-01-19 16:57 | Report Abuse

No... nay... no fund coming from IMDB's profit anytime soon......................

r°Moi

5,802 posts

Posted by r°Moi > 2015-01-19 16:59 | Report Abuse

Squeeze the government servants... no... nay... no way!!

r°Moi

5,802 posts

Posted by r°Moi > 2015-01-19 17:02 | Report Abuse

More payment to government... less capex ler... PETRONAS

oopstikus

242 posts

Posted by oopstikus > 2015-01-19 22:22 | Report Abuse

luckily still holding it and finally see some light.

sheep

3,849 posts

Posted by sheep > 2015-01-19 22:47 | Report Abuse

q results coming next week...might drop kaw kaw.

r°Moi

5,802 posts

Posted by r°Moi > 2015-01-20 09:55 | Report Abuse

For Moody or for Malaysian man in the street??

r°Moi

5,802 posts

Posted by r°Moi > 2015-01-20 14:25 | Report Abuse

Now Najib also says oil prices will be around USD 55 per barrel long time......

r°Moi

5,802 posts

Posted by r°Moi > 2015-01-20 14:44 | Report Abuse

He added the development expenditure remains at RM48.5bil while the operating expenditure was cut by RM5.5bil.

Najib said the government would also increase dividend payments from the government linked companies (GLCs) and government investment linked companies (GLICs).


Of course, PETRONAS too ler

r°Moi

5,802 posts

Posted by r°Moi > 2015-01-20 15:30 | Report Abuse

RM 3.61 to USD.... what Najib says has 0 effect on foreign funds............

skyz

1,650 posts

Posted by skyz > 2015-01-22 08:17 | Report Abuse

steve, where are you? lama didnt hear your positive comments :D

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