Barakah has got LOA of TNI contract from the PSCs..it's just a matter when will they declare it to shoot the price up to RM 1.80. I have been accumulating this stock at 1.00, 1.24, 1.32.. RM 2b job for the next 3 years..Still not to late to pick up at current RM 1.40. Without the TNI job they even perform well posting net profit of RM 41m increased from RM33m in 2012
This very co rose to over 60 cts , then came down to 6.5 cts n lastly 2 cts just a year ago , but suddenly shot up to the present price ! May it repeat the history again is anybody guess....m pondering...
Leslie, 0.2 cents was previous pn17 company vastalux. Barakah reverse take over and relist @ 0.65. Price shot up now are because of its positive financial reporta and several up coming contracts.
You're right candlestick, Barakah should now be evaluated as a separate entity from Vastalux. So, historical price data on this counter goes out of the window as they are totally invalid now.
keep keep keep.. I have high faith on the management team.. Led by Nik Hamdan he grew the company from zero to hero.. Construct, own and manage its own derrick lay barge and now he has been rewarded for all his hard work.. for package A, they outbid other 8 bidders including SKPetro and Puncak group.
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....
psd57
2,314 posts
Posted by psd57 > 2013-11-28 09:32 | Report Abuse
1.41 and flyin