Posted by mani_cum > 2015-03-31 15:29 | Report Abuse

walau eh.... worst than be4 short live rise

Posted by JN88 > 2015-04-01 14:39 | Report Abuse

Good to collect .....

Posted by Invest_168 > 2015-04-01 23:52 | Report Abuse

Time to collect slowly I think...PE only 7 now.

Posted by r°Moi > 2015-04-02 17:28 | Report Abuse

Beware Beware Beware....



Hapuskan AEDES sblum kita dihapuskan!

Kill AEDES b4 it kill us!

2015-85ppl died, >30k hospitalized.

Join on 4/4 to stop this.

facebook.com/T2Fight

Posted by mani_cum > 2015-04-02 19:00 | Report Abuse

Invest_168, PE is 8.37. Have to be honest in promoting counter. But totally agree with u to collect slowly. O&G normally normally traded at 12~~16 x PE.

Posted by Invest_168 > 2015-04-02 23:42 | Report Abuse

From Q4'2014 report, if use basic EPS 12.62 sen, then with current price: 86 sen, PE => 6.81
If use diluted EPS 11.35 sen, then PE => 7.57

Posted by mani_cum > 2015-04-03 01:17 | Report Abuse

Trillion dollar industry wipe out?? Now is the time for the strongest to survive and once's consolidates, price for sure rise up.

Posted by mani_cum > 2015-04-03 01:34 | Report Abuse

Barakah is 1 of the best small cap O&G counter. Can easily match bigger pier like UMWOG. To be on the save side wait the 1Q15 result announce to see how badly the earning shows, then decide the next move. As a downstream player which works on contract basis i guess the impact wouldn't be that severe.

I can sleep well knowing that the price paid is not at the high side and would love to add more if better discount offer. Bye!!

Posted by azlan88 > 2015-04-03 13:26 | Report Abuse

1Q might be a bit lower than 4Q last year. But 2Q onwards, hah

Btw, they won the topside maintenance contract as announced today.

Posted by azlan88 > 2015-04-03 13:31 | Report Abuse

On another unrelated news, Barakah subsidiary CEO just bought 2 limited edition Lotus for his daughter. Haha

Posted by Shareholderz > 2015-04-03 14:36 | Report Abuse

http://www.thestar.com.my/Business/Business-News/2015/04/03/Barakah-bags-topside-maintenance-job-from-KPOC/?style=biz

Posted by Shareholderz > 2015-04-03 14:36 | Report Abuse

announced toady

Posted by sheep > 2015-04-03 14:41 | Report Abuse

got contract also going down..lousy stock

Posted by Shareholderz > 2015-04-03 14:43 | Report Abuse

chill, accumulate now

Posted by azfar8 > 2015-04-03 16:03 | Report Abuse

Azlan, wah, bg no fon budak perempuan tu... :)

Posted by salman > 2015-04-03 16:31 | Report Abuse

KUALA LUMPUR: Barakah Offshore Petroleum Bhd announced that its wholly-owned subsidiary, PBJV Group Sdn Bhd (PBJV, has received a Letter of Award from Kebabangan Petroleum Operating Company Sdn Bhd (KPOC) for the provision of topside maintenance services in Sabah.

In a filing to Bursa Malaysia today, Barakah said the duration of the contract was for one year effective April 2, 2015 with an option for a further one-year extension.

The mobilisation date for the work is expected to be on May 1, 2015.

Barakah said the total value of the contract would depend on the actual work orders to be issued by KPOC 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,” it added. -- BERNAMA

Posted by Shareholderz > 2015-04-03 16:34 | Report Abuse

hold on to your shares

Posted by JN88 > 2015-04-03 17:12 | Report Abuse

Buy more!!

Posted by nsyee28282828 > 2015-04-03 17:26 | Report Abuse

Barakah fair value is how much?

Posted by Hazel Lee Mei Gin > 2015-04-03 18:40 | Report Abuse

No la.will come back

Posted by Lollipot Anison > 2015-04-03 23:14 | Report Abuse

The best oil & gas counter. It will come back when oil price recover.

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

nsyee. U already ride on it?? If not yet why not check how the price supported around 0.8 cos Tehran nuclear program may likely get green light and oil sanction will gradually remove. This will add more supply glut and pressure prices.

Mat salleh wanted oil stay low to boost it GDP. But oil can't stay low forever, and Barakah price had enter accumulation zone. Its all depends on investor discretion.

Mean time concentrate on our TROP. Cheers!!

Posted by changccs87 > 2015-04-04 13:13 | Report Abuse

Barakah get contract from sabah.

Posted by bluesky908 > 2015-04-04 19:56 | Report Abuse

Y Yesterday hv good news still drop..

Posted by markkim > 2015-04-04 20:03 | Report Abuse

sell and run, something wrong with this counter. Since announce of result during March 2015 , drop from 1.06 till now . Big shareholder are selling.

Posted by Steven Liew > 2015-04-05 21:45 | Report Abuse

By the time oil price recover maybe next 2 years or more Barakah would have accumulate high debts due to overhead expenses

Posted by skyz > 2015-04-06 10:26 | Report Abuse

big shareholders selling? where is your source? pls check company announcements before uttering rubbish!

Posted by skyz > 2015-04-06 10:59 | Report Abuse

then pls quote source of your claim where/who is the big gun? as long as they are substantial shareholders, their acquisition or disposals of shares will be disclosed (though a delay for a few days). hence pls stop making non-sensical claims here

Posted by nsyee28282828 > 2015-04-06 11:27 | Report Abuse

holding well at 85.0-85.5, can buy now? new contract seem has no effect on share price

Posted by nsyee28282828 > 2015-04-06 11:32 | Report Abuse

Kenanga said no change in TP of 1.04 despite new contract secured, price reasonable now but the selling momentum is still exists there

Posted by Shareholderz > 2015-04-06 11:33 | Report Abuse

as i said, hold onto your shares

Posted by skyz > 2015-04-06 11:39 | Report Abuse

where else can u find O&G counters at just PE 8+? the EPS is quite solid for the last 2 quarters. now its just the analyst pegging all O&G counters at a low PER due to unstable oil price. If a 16PER was used, it will be traded almost double to its price now. Unless you can't wait, then only you cut lost and enter more actively traded counters like technology stocks

Posted by skyz > 2015-04-06 11:41 | Report Abuse

how come I can't see Earth's replies. he claimed that big guns not equal substantial shareholders. then pls calrify openly here and let ppl read ur response

Posted by tnt88 > 2015-04-06 15:06 | Report Abuse

look like oil price will go up tonite

Posted by JN88 > 2015-04-06 15:55 | Report Abuse

SA naik harga sapu sapu sapu Asia....I expect they will cut production in this coming June....

Posted by salman > 2015-04-06 16:08 | Report Abuse

Barakah is moving now...

Posted by shazza > 2015-04-06 16:38 | Report Abuse

What I don't understand why has the price been going lower and lower for a few months. Thus, I am unsure if it will move up as well as crude oil prices are since the last round didn't have much effect here. It gets me concerned other forces are in play as a shareholder to keep the price down. Armada also like that but that.

Posted by skyz > 2015-04-06 16:46 | Report Abuse

Shazza, I have a similar concern with you. but at PE 8+, where else can you find such O&G counter at this price. Check out Perisai, it has been the top 10 most actively traded quite some time last month, and at 50cents+, its already hitting PE40! Imagine the same happening on Barakah, I don't dream much, perhaps PE20? That would be great news for all patient investors still holding on. Now we just need a playmaker

Posted by nsyee28282828 > 2015-04-06 17:06 | Report Abuse

Positive news, Arab Saudi raise its price in Asia, good sign for oil and gas counter!!

Posted by JN88 > 2015-04-06 17:06 | Report Abuse

Just sapu only la.....if you feel not confident ...look at the petrol station....so many people pumping oil....sure one day ...oil will become limited edition...wakakaka

Posted by nsyee28282828 > 2015-04-06 17:11 | Report Abuse

The selling may be over soon, today price very stable hovering at 85.5-86.0

Posted by shazza > 2015-04-06 17:33 | Report Abuse

My average is 93 think stay put and hope things will turn for the better. Armada also stuck but that one management is in question. Barakah seems alright just the price hovering below RM1 for too long. New quarter go green!

Posted by nsyee28282828 > 2015-04-07 10:40 | Report Abuse

bad news: Goldman Sachs says over supply concern!!

Posted by JN88 > 2015-04-07 10:48 | Report Abuse

Yup over supply....faster sell I want to buy at cheaper..hehehe

Posted by JN88 > 2015-04-07 11:22 | Report Abuse

Goldman Sachs may slowly collecting ...wakakaka

Posted by Jason Lim > 2015-04-07 12:43 | Report Abuse

think cos of mkt T3 T4 profittaking

Posted by JN88 > 2015-04-07 13:02 | Report Abuse

Not profit taking is T3 T4 cut loss...

Posted by jakar > 2015-04-07 13:29 | Report Abuse

buy at below RM0.80

Posted by bluesky908 > 2015-04-07 14:53 | Report Abuse

Aiyo wat happen?

Posted by nsyee28282828 > 2015-04-07 15:01 | Report Abuse

Big players play down la!!!