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

Pmaster

5,577 posts

Posted by Pmaster > 2018-06-08 18:28 | Report Abuse

Game is over , price will bk to below 0.10 very soon. Many of you fall into trap.

Cnlim

489 posts

Posted by Cnlim > 2018-06-08 18:49 | Report Abuse

No lah delisted

Ant

1,504 posts

Posted by Ant > 2018-06-08 19:25 | Report Abuse

Bankrupt

maymay

95 posts

Posted by maymay > 2018-06-08 19:29 | Report Abuse

Y bankrupt..

kelvinfixx

1,245 posts

Posted by kelvinfixx > 2018-06-08 20:01 | Report Abuse

Good company not sure, but the oil price is recovering, a new contract, and there is a chance an investment from some better companies.

ZoneFD

212 posts

Posted by ZoneFD > 2018-06-08 20:38 | Report Abuse

Big shark will push it up after big selling...

Thorsc

29 posts

Posted by Thorsc > 2018-06-08 20:41 | Report Abuse

Hope put up

RedEagle

3,194 posts

Posted by RedEagle > 2018-06-08 23:50 | Report Abuse

KUALA LUMPUR (June 8): The FBM KLCI fell 10.37 points or 0.6% on profit taking and as Asian share markets dropped on expectation that the US will raise interest rates next week.

At 12.30pm, the KLCI settled at 1,775.44 after the index rose 8.68 points to 1,785.81 yesterday. On Wednesday (June 6), the KLCI climbed 21.99 points.

Today, Hong Leong Investment Bank Bhd wrote in a note: "On the local front, we expect the FBM KLCI to trade on a higher note led by potential 1H window-dressing activities, but profit taking could emerge on the broader market after the relief rebound over the past four trading days."

"Nevertheless, we opine that investors are still digesting reform plans by the Pakatan Harapan-led government to fine tune their investment strategies moving forward in the 2H18 and could trade sideways over the mid-term," Hong Leong said.

Today, Malaysian shares fell with Asian markets on expectation that the US will raise interest rates next week. Reuters reported that Southeast Asian stock markets fell on Friday on heightened caution ahead of a key meeting of global leaders and amid expectations that the Federal Reserve will raise US interest rates next week.

"Singapore shares were down as much as 0.6%, weighed down by bank stocks. Philippine stocks fell as much as 1.1%, after a three-day winning run," Reuters reported.

Pmaster

5,577 posts

Posted by Pmaster > 2018-06-09 21:59 | Report Abuse

Trader just use the article to trap u all. Becareful.

turbofast

257 posts

Posted by turbofast > 2018-06-09 22:46 | Report Abuse

Pmaster Like dog

L2earn

349 posts

Posted by L2earn > 2018-06-09 23:00 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements#/?company=7251&category=all

such a huge volume, no announcement yet in Bursa, impossible no top-30 shareholders transactions at all?

Risk Trader

3,942 posts

Posted by Risk Trader > 2018-06-10 11:12 | Report Abuse

Next week will back to 10 cent.... trap for retailer only

turbofast

257 posts

Posted by turbofast > 2018-06-10 12:38 | Report Abuse

Risk like pig

kelvinfixx

1,245 posts

Posted by kelvinfixx > 2018-06-10 17:50 | Report Abuse

Sure there are many create fear in forum, that is pretty normal. The last minute buying on Friday is strong. Does it indicate anything? Maybe....

cruz

397 posts

Posted by cruz > 2018-06-10 21:54 | Report Abuse

Barakah’s Nik Hamdan close friendship with Hassan Merican? Barakah Limit Up Tomorrow?
https://www.thestar.com.my/news/nation/2018/06/10/hassan-merican-to-return-to-petronas-as-chairman/

kentrade888

1,572 posts

Posted by kentrade888 > 2018-06-10 22:01 | Report Abuse

What's the relationship to (Barakah)?

Moneymore

66 posts

Posted by Moneymore > 2018-06-11 00:17 | Report Abuse

I think he was his ex uncle best friend's friend's boss...ha ha ha..tomorro 0.25 lai lai

kelvinfixx

1,245 posts

Posted by kelvinfixx > 2018-06-11 09:28 | Report Abuse

Looks like Serba Dinamik to acquire Berakah news can be real, because today again the trading volume is high, but the price is cheaper.

winwin2288

1,325 posts

Posted by winwin2288 > 2018-06-11 09:37 | Report Abuse

looks good, reload

ppginvest

1,591 posts

Posted by ppginvest > 2018-06-11 09:38 | Report Abuse

Sometimes rumors are real, human can't keep secret. But in share market, devils using this weakness to slaughter human

yanerfei

64 posts

Posted by yanerfei > 2018-06-11 09:40 | Report Abuse

i think something big will happen

kelvinfixx

1,245 posts

Posted by kelvinfixx > 2018-06-11 09:40 | Report Abuse

I can feel Serba Dinamik has started to buy the share in cheaper price before the renouncement. I am just guessing.

kelvinfixx

1,245 posts

Posted by kelvinfixx > 2018-06-11 09:43 | Report Abuse

I felt that because buying at 0.19 and 0.195 buying is strong. It felt like someone is acquiring a huge sum.

carilembu

1,249 posts

Posted by carilembu > 2018-06-11 09:48 | Report Abuse

maybe another big push in the afternoon.

kelvinfixx

1,245 posts

Posted by kelvinfixx > 2018-06-11 09:50 | Report Abuse

maybe another big push in the afternoon.

----------------------

Difficult to tell, but don't know why buying at 0.19 is pretty strong.

joe8032

215 posts

Posted by joe8032 > 2018-06-11 09:54 | Report Abuse

Run....

kentrade888

1,572 posts

Posted by kentrade888 > 2018-06-11 09:54 | Report Abuse

Ha ha! Will not rise.

kelvinfixx

1,245 posts

Posted by kelvinfixx > 2018-06-11 10:09 | Report Abuse

Yah may not. but who knows.

Secret

875 posts

Posted by Secret > 2018-06-11 10:23 | Report Abuse

Let move up to 0.200!

cruz

397 posts

Posted by cruz > 2018-06-11 10:32 | Report Abuse

Serba Dinamik may acquired Barakah to expand its O&G venture as new Petronas Chairman renew hopes

joe8032

215 posts

Posted by joe8032 > 2018-06-11 10:36 | Report Abuse

Fake news....

kelvinfixx

1,245 posts

Posted by kelvinfixx > 2018-06-11 10:41 | Report Abuse

It is not fake news. Cruz is using "may", it is just a rumors. Anyway, I have asked around, the news "maybe" real, just maybe.

apolloang

18,163 posts

Posted by apolloang > 2018-06-11 10:57 | Report Abuse

MAY? now is JUNE already.....hehe

kelvinfixx

1,245 posts

Posted by kelvinfixx > 2018-06-11 11:23 | Report Abuse

yah, it is either may or june.

cruz

397 posts

Posted by cruz > 2018-06-11 12:09 | Report Abuse

Afternoon Limit Up?

whizzkid

1,336 posts

Posted by whizzkid > 2018-06-11 12:09 | Report Abuse

unnecessary fear...I don't know why some people keep doing it

winwin2288

1,325 posts

Posted by winwin2288 > 2018-06-11 12:14 | Report Abuse

buying power is very strong !

noobbie

1,122 posts

Posted by noobbie > 2018-06-11 12:24 | Report Abuse

if break 24c..im gonna say the deal is succeed

yanerfei

64 posts

Posted by yanerfei > 2018-06-11 12:29 | Report Abuse

i think more ppl will chase, ppl like to chase when its high

zzzzz

1,880 posts

Posted by zzzzz > 2018-06-11 14:16 | Report Abuse

Risky... pre open RM0.20

yiqqre

906 posts

Posted by yiqqre > 2018-06-11 14:23 | Report Abuse

BARAKAH OFFSHORE PETROLEUM BERHAD (7251.KL) currently has a 14-day Commodity Channel Index (CCI) of 135.61. Active investors may choose to use this technical indicator as a stock evaluation tool. Used as a coincident indicator, the CCI reading above +100 would reflect strong price action which may signal an uptrend. On the flip side, a reading below -100 may signal a downtrend reflecting weak price action. Using the CCI as a leading indicator, technical analysts may use a +100 reading as an overbought signal and a -100 reading as an oversold indicator, suggesting a trend reversal.

Digging deeping into the BARAKAH OFFSHORE PETROLEUM BERHAD (7251.KL) ‘s technical indicators, we note that the Williams Percent Range or 14 day Williams %R currently sits at -33.33. The Williams %R oscillates in a range from 0 to -100. A reading between 0 and -20 would point to an overbought situation. A reading from -80 to -100 would signal an oversold situation. The Williams %R was developed by Larry Williams. This is a momentum indicator that is the inverse of the Fast Stochastic Oscillator.

The RSI, or Relative Strength Index, is a widely used technical momentum indicator that compares price movement over time. The RSI was created by J. Welles Wilder who was striving to measure whether or not a stock was overbought or oversold. The RSI may be useful for spotting abnormal price activity and volatility. The RSI oscillates on a scale from 0 to 100. The normal reading of a stock will fall in the range of 30 to 70. A reading over 70 would indicate that the stock is overbought, and possibly overvalued. A reading under 30 may indicate that the stock is oversold, and possibly undervalued. After a recent check, the 14-day RSI for BARAKAH OFFSHORE PETROLEUM BERHAD is currently at 58.67, the 7-day stands at 66.91, and the 3-day is sitting at 66.45.

Another technical indicator that may be a powerful resource for determining trend strength is the Average Directional Index or ADX. The ADX was introduced by J. Welles Wilder in the late 1970’s and it has stood the test of time. The ADX is typically used in conjunction with the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) to help spot trend direction as well as trend strength. At the time of writing, the 14-day ADX for BARAKAH OFFSHORE PETROLEUM BERHAD (7251.KL) is noted at 37.46. Many technical analysts believe that an ADX value over 25 would suggest a strong trend. A reading under 20 would indicate no trend, and a reading from 20-25 would suggest that there is no clear trend signal.

Investors are paying close attention to shares of BARAKAH OFFSHORE PETROLEUM BERHAD (7251.KL). A popular tool among technical stock analysts is the moving average. Moving averages are considered to be lagging indicators that simply take the average price of a stock over a specific period of time. Moving averages can be very useful for identifying peaks and troughs. They may also be used to help the trader figure out proper support and resistance levels for the stock. Currently, the 200-day MA is sitting at 0.33, and the 50-day is 0.19.

Investors may be trying to get a read on the next big stock market move. Projecting which stocks are ready to make a run can be tricky. Many investors will track the market from various angles in order to make the best educated decisions. Keeping tabs on all the important economic indicators can help when analyzing the overall health of the stock market. Some financial strategists may be projecting a sharp downturn over the next few months while others believe that there is no tangible reason for the market to lose the near-term momentum.

https://fisherbusinessnews.com/2018/06/10/barakah-offshore-petroleum-berhad-7251-kl-shares-needle-moving-2-70/

zzzzz

1,880 posts

Posted by zzzzz > 2018-06-11 14:37 | Report Abuse

no power

zzzzz

1,880 posts

Posted by zzzzz > 2018-06-11 15:02 | Report Abuse

below RM0.20.....

zzzzz

1,880 posts

Posted by zzzzz > 2018-06-11 15:10 | Report Abuse

UOBKayHian ... sell call... co might go bankrupt

kentrade888

1,572 posts

Posted by kentrade888 > 2018-06-11 15:21 | Report Abuse

limit up there.

zzzzz

1,880 posts

Posted by zzzzz > 2018-06-11 15:34 | Report Abuse

down, down down... selling pressure coming

kentrade888

1,572 posts

Posted by kentrade888 > 2018-06-11 15:35 | Report Abuse

Again, once cheated.

bjgdila123

3,470 posts

Posted by bjgdila123 > 2018-06-11 15:50 | Report Abuse

BUY 4 LATE ......

noobbie

1,122 posts

Posted by noobbie > 2018-06-11 15:53 | Report Abuse

i saw some stregth in today price movement...interesting

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