Posted by ielts > 2015-01-22 10:23 | Report Abuse

come on Barakah baby! ^_^

Posted by erkongseng > 2015-01-22 11:00 | Report Abuse

o.93 buy in,when oil price rise ,this stock will rise.

Posted by steveooikp > 2015-01-22 11:07 | Report Abuse

Skyz ... i m still here

Posted by kenken85 > 2015-01-22 12:35 | Report Abuse

How far can it go babe... ?? hehe

Posted by Josh Ong > 2015-01-22 15:05 | Report Abuse

A bit slow already now...

Posted by WRY9876 > 2015-01-22 16:21 | Report Abuse

yahoo!!

Posted by erkongseng > 2015-01-22 16:26 | Report Abuse

欧央行Qe 开动,原油须求上升,帶升油气股全面回升,把握止趺回升之便宜油气股,
barakah 7251 rm0.93 買入,丯衣足食。
估计全年 eps=10 sen,pe=13 ,tp=rm1.30

Posted by shidayea > 2015-01-22 16:28 | Report Abuse

wah moving..

Posted by SLIM25 > 2015-01-22 17:18 | Report Abuse

R1=RM1.05!

Posted by stockinsider > 2015-01-22 17:28 | Report Abuse

http://www.theedgemarkets.com/my/article/opec%E2%80%99s-el-badri-says-oil-will-rebound-instead-fall-20

Posted by erkongseng > 2015-01-22 17:35 | Report Abuse

rm1.00 above tomorrow.

Posted by erkongseng > 2015-01-22 19:41 | Report Abuse

more new barakah-http://www.kongsenger.blogspot.com/

Posted by Carlsraj55 > 2015-01-23 10:22 | Report Abuse

All O & G counters are moving up, what is happening to Barakah .... it moving down ?

Posted by Shareholderz > 2015-01-23 10:39 | Report Abuse

ppl take profit, just be patient

Posted by MyInvest > 2015-01-23 12:15 | Report Abuse

it will comeback to normal price (.98 / +.99) end of the day.. I feel it will reach to 1.30 to 1.4 soon.
Cheers..

Posted by sharez > 2015-01-23 13:47 | Report Abuse

just sit back and relax.. hold long term

Posted by Jim Sted Power > 2015-01-23 16:43 | Report Abuse

Fund managers bought enter at 0.7++, now already dispose and take $$

Posted by erkongseng > 2015-01-23 17:29 | Report Abuse

T+3 下星期二到,短暫套利,之后估计将继续上升之旅.遇低进入.

Posted by erkongseng > 2015-01-24 20:48 | Report Abuse

Barakah may trend higher after inching above the 50-day MAV line and the MYR0.97 level on the latest trade. Traders may buy as a bullish bias could be present above this level, with a target price of MYR1.06, followed by MYR1.15. The stock may pull back to take a breather if it falls back below the MYR0.97 level. In this scenario, further support is anticipated at MYR0.89, where traders can exit upon a breach.
http://klse.i3investor.com/blogs/rhb/69025.jsp

Posted by Superb99 > 2015-01-26 11:23 | Report Abuse

oil price yoyo, barakah also yoyo...that's simple

Posted by Shareholderz > 2015-01-26 14:15 | Report Abuse

short term drop

Posted by r°Moi > 2015-01-26 14:43 | Report Abuse

Some of the GLCs have big capital expenditure (capex) requirements but if the government asked them to pay more dividends, they will still have to oblige,” he added, citing the case of Petroliam Nasional Bhd.

While the national oil firm’s management had expressed its reservations on raising dividends, the government has repeatedly “reminded” the former that it makes the ultimate decision on the level of dividends that the national oil firm has to pay.

Posted by r°Moi > 2015-01-26 14:44 | Report Abuse

Austerity.....

Posted by Lollipot Anison > 2015-01-26 15:00 | Report Abuse

luckily out at 1.00 days ago. will reenter once it back 0.82~0.85

Posted by SLIM25 > 2015-01-26 17:10 | Report Abuse

Quarterly results coming......

Posted by erkongseng > 2015-01-26 19:04 | Report Abuse

0.88 chance buying.

Posted by erkongseng > 2015-01-26 19:31 | Report Abuse

李稻葵：2015年第二季度世界原油價格將回升
http://www.kongsenger.blogspot.com/2015/01/mgtv2015.html

Posted by ssong > 2015-01-27 10:02 | Report Abuse

Cannot understand....wats the news about.......

Posted by themazetrader > 2015-01-27 17:08 | Report Abuse

OIL up 1.00 %, Barakah tomorrow RM1.00

Posted by erkongseng > 2015-01-27 18:33 | Report Abuse

7251今天成功守住0.89之上,下来几天有望突破0.97的阻力,往rm1.10前进

Posted by erkongseng > 2015-01-27 19:07 | Report Abuse

Oil gives up early gains on firm dollar, shrugs off OPEC comments

By Reuters / Reuters | January 27, 2015 : 3:49 PM MYT
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SINGAPORE (Jan 27): Oil gave up early gains with Brent futures slipping below $48 on Tuesday as a stronger dollar weighed, offsetting comments from producer group OPEC that prices may have found a floor.

The Secretary-General of the Organization of the Petroleum Exporting Countries, Abdullah al-Badri, said oil prices may have bottomed out and warned of a risk of a future jump to $200 a barrel if investment in new supplies was too low.

"Crude oil markets continue to consolidate near term," ANZ analysts said, adding that Brent traded in the range of $48-$50 last week and showed little direction.

"OPEC's Secretary General commented yesterday that prices may have bottomed, but there was no imminent prospect of OPEC producers sitting down to discuss cutbacks until mid-year."

Brent fell 20 cents to $47.96 a barrel by 0700 GMT, after climbing to $48.38 earlier. It settled down 1.3 percent on Monday.

U.S. West Texas Intermediate (WTI) crude was down 17 cents at $44.98 a barrel after slipping to a session low of $44.35 on Monday, close to a near 6-year low.

Oil prices turned negative after the dollar index strengthened, making the dollar-denominated commodity more expensive for holders of other currencies.

Trading volumes are likely to be limited later on Tuesday as a snow storm is expected to disrupt transport in New York.

Oil prices have dropped nearly 60 percent since peaking in June 2014 on ample global supplies from the U.S. shale oil boom and a decision by OPEC to keep its production quotas unchanged.

Standard Chartered said OPEC's decision to keep production high was beginning to impact other producers.

"Non-OPEC output is being hit hard, and we now expect the oil market to tip into supply deficit in H2," the bank said.

Traders said there were other signs of a potential market pick-up.

"I'm not sure if prices have bottomed out, but I can see some signs for prices to rebound," said Yusuke Seta, a commodity sales manager at Newedge Japan, referring to a rise in Brent's open interests in the past few weeks.

Brent's open interest on the Intercontinental Exchange (ICE) hit 1.69 million lots in the week of Jan. 20, a record high since the data started in 2011.

Open interest is the number of contracts outstanding on a futures trading platform such as ICE.

However, WTI may come under pressure this week as commercial crude stockpiles likely rose nearly 4 million barrels last week, a Reuters survey showed, after posting its largest build in 14 years in the previous week.

The data stretched Brent's premium to over $3 a barrel last week.

Posted by JN88 > 2015-01-28 09:00 | Report Abuse

Anytime oil will rebound soon.....buy low and sell high...never buy at point when every greedy and happy....

Posted by kenken85 > 2015-01-28 14:48 | Report Abuse

today end 0.95?

Posted by JN88 > 2015-01-28 14:49 | Report Abuse

Going up soon....

Posted by JN88 > 2015-01-29 15:36 | Report Abuse

T+3

Posted by JN88 > 2015-01-30 19:05 | Report Abuse

So many people selling, who is supporting this stock at 0.9??

Posted by munhou > 2015-02-04 01:22 | Report Abuse

oil price is up! ANG POW time for O&G counters

Posted by sharez > 2015-02-04 08:37 | Report Abuse

get ready for a bull run today

Posted by Lollipot Anison > 2015-02-04 09:09 | Report Abuse

back to rm1 soon

Posted by JN88 > 2015-02-04 09:51 | Report Abuse

This friday may reach rm 1.0....once oil price stable at USD60-65...Barakah should be rm 1.1-1.2....

Posted by r°Moi > 2015-02-04 11:01 | Report Abuse

and.... so... all the O&G counters is living happily ever after................

Yes? No? Yes? No?


or are they just doing a dead cat.... ????

Posted by JN88 > 2015-02-04 11:17 | Report Abuse

OPEC say u will never see USD100/barrel ady...but they never say you will never see USD 80,90,99 ma.... haha

Posted by Invest123 > 2015-02-04 15:01 | Report Abuse

OPEC is not God lah

Posted by gohcheehoh > 2015-02-04 23:35 | Report Abuse

Oil & gas had limited downside but have huge potential upside. U never able to buy at bottom and now trending look promising.

Barakah n Dayang is my best pick.
Low PE, high YOY GROW, wonderful margin >20% and mid cap

Posted by gohcheehoh > 2015-02-06 00:26 | Report Abuse

After one day price correction, oil up again. Reaching 55 soon.... Barakah n Dayang is good investment.

Posted by aleroe > 2015-02-06 11:59 | Report Abuse

Can we see closing above rm1 today?

Posted by sharez > 2015-02-06 15:38 | Report Abuse

coming soon

Posted by SLIM25 > 2015-02-06 17:33 | Report Abuse

New LOA - BARAKAH OFFSHORE PETROLEUM BERHAD

Type Announcement
Subject OTHERS
Description BARAKAH OFFSHORE PETROLEUM BERHAD
- AWARD OF CONTRACT

INTRODUCTION

Barakah Offshore Petroleum Berhad ("Barakah" or the “Company") is pleased to announce that its wholly-owned subsidiary company, PBJV Group Sdn Bhd (“PBJV”), has received a Letter of Award from PETRONAS Carigali Sdn Bhd (“PCSB”) for the provision of engineering, procurement, fabrication, installation, commissioning and maintenance works of pig trap system (“Contract”).

INFORMATION ON THE CONTRACT

The Contract comprises provision of engineering, procurement, fabrication, installation, commissioning and maintenance works of pig trap system in Peninsular Malaysia, Sabah and Sarawak. The Contract duration is from 23 January 2015 to 22 January 2018, with extension option of one year, from 23 January 2018 to 22 January 2019. The pig trap system is essentially a facility to launch and receive pipe inspection gauges (“PIG”), which are used to run through internal section of pipelines from one end to the other end for inspection and maintenance of pipelines.

FINANCIAL EFFECTS

The total value of the Contract will depend on the actual work orders to be issued by PCSB from time to time during the Contract period. The Contract is expected to contribute positively towards the earnings and net assets per share of Barakah Group for the duration of the Contract.

RISK FACTORS

Risk factors affecting the Contract include, but not limited to, execution risks such as availability of skilled manpower and materials and changes in prices of materials. Barakah Group has, throughout the years, established its track record and expertise to undertake such projects.

As such, the management of Barakah Group believes that the Group is able to mitigate the abovementioned risk factors.


DIRECTORS' AND MAJOR SHAREHOLDERS' INTERESTS'

None of the Directors and/or major shareholders and/or persons connected with the Directors and/or major shareholders of the Company has any direct or indirect interest in the Contract.

This announcement is dated 6 February 2015..

Posted by kenken85 > 2015-02-06 18:57 | Report Abuse

Good news.. No 1.20 no sell

Posted by sheep > 2015-02-06 19:43 | Report Abuse

CNY rally will push above rm1.20. Those who bog huat ahhh.