saddiqsepakraga, I was very amazed and bewildered on the first and second day of listing of Barakah LA RCULS 13/18 and couldn't believe what I really saw as tremendous arbitrage opportunity and decided to inform i3 investors on the first evening about this fantastic arbitrage opportunity...Glad that I have opened up your eyes and congratulations to you for daring to take the decision to invest in RCUL 13/18....
Rest assured you have made the right decision and it is worth holding the RCULS 13/18 to maximize on your profits in the future as I am fully convinced that Barakah business model is very sustainable and Barakah has the management competency/skillsets to capitalize on opportunities in the T&I project business...It will be fantastic that Barakah becomes the main contractor for "PETRONAS T&I project awards" in the near future and that means big $$$$$ for Barakah shareholders including RCUL 13/18 holders...
Ya... lagi untung... n I m holding it for its full potential...
LA shd = Mother.... n while dividend for Mother is not assured... d interest for d LA is guaranteed
I think banks whc hv taken Vastalux PN 17 co shares as security for loans previously... whc r now holding Barakah n its LA... hv bin dumping.. dumping.. dumping.... dumping n dumping all d way from 80+ sen to whatever... they jz want to recover their loans immediately... tis is nothing irrational to them.. tis is forced sellings.. fast n furious..
n ths dumpings by d banks hv scared d shit out of d buyers... n also made some of them greedy n held back from buying.. hoping d price wil go down further... n when d price actually went down further.. d buying Q got even less...n d price went down even more...... n thus tis fantastic buying opportunity ; )
BUT tis anomaly cannot last n it wont last... for when d banks hv sold off all their LA n d selling pressure gone... d price of d LA wil play catch-up wit d Mother... Quickly.. not slowly.. as evident by tis 20% up tis morning....
LA = Mother.... but while dividend for Mother is not assured... d interest for d LA is guaranteed
Not one banks but a few banks hv given d thump up to Barakah... wit some saying it could go up to well over RM 2.... tis is a total wet dream coming true... ; )
Barakah is a new stock not on most analyst radar screen...It has a very good niche business model in growing its business particularly in upcoming PETRONAS T&I projects which will be awarded soon.
Those who have already bought into the Barakah RCUL 13/18 should hold onto it and realize much higher profits in the future and monitor the revenue growth, profit growth and earning per share growth of the mother share...Once the earnings per share starts to plateau it maybe a good signal to exit...
Jcool..if it is true as u said that u bought at 66 cents...not only bigfat ...all here in the forum including me should to thank you also...because the lowest today is 66 cents...because of your 'some' bravery...may be has ignited the game today..do u get what i mean..cheers
i think mr jcool..this should be the way we must trade...find any stock that people still has no understanding then we just tell simple explanation just like bigfat...then bedezum...jcool if u have any stock u can recommend to me..please be my guess.
even people like kcchong...kcloh ...sepiroth...otb...and many more ...all so called sifus pun tak sedar hal yg mudah macam ni...cheers
ANBZ... If buying at 66 sen is... brave... thn i m more brave thn tat my man.... FYI my first entry was 63.5 sen d day b4.... so whn my average became 66 sen.. u know i hv bot n bot n bot at way beyond 66......
My average price has gone up now as my last entry was at 80.5 sen.... a bit lower thn d 81 sen all time high thn.... n now d strong support ... yes i bot even at 80.5 sen... brave!
Clarity... clarity... clarity... clarity had made me brave.. tat tis is indeed d totally once in a blue moon tat i must seize... tis is d one tat i can put aaaaaa lot into... n make some serious money... n i did jz tat
N d fact tat i hv... to rush.. to fight... to really sweat it... to get it at 80.5 sen is a good sign... sign tat thr hv bin panic buyings... n d party is stil on... ; )
I wont sell it soon tat is for sure... d party is stil on... n d petronas t&i project is to b awarded soon .. n tis LA price is stil lower thn d mother's
meaning pick up? but your the chances for price increase are not that high anymore...if the mother goes up it will follow...still u might have chance of 65-35...based on perception and friday TA...congrat again
Yes yes.. must keep our eyes open for anomalies like tis... n once found.. quickly establish d facts.... n if confirmed.. really a sure winner... whack.. whack.. whack...
if u think it will go up again...u still can buy again...but u don't know...so bersyukur ...that's your rezeki..provision ..fated and destined with certain precision and accuracy intent by Allah azza wa jalla
JCool, Thanks for the info. I became aware of the fine details pertaining to RCULS 13/18 being redeemed by Barakah at 20 cents last night vide the i3 forum. Consequently I went to Bursa website to double check and this was confirmed by documents in the Bursa website.
The terms and conditions of the RCULS 13/18 was skewed to the issuer and lacks fairness to purchasers who had purchased the RCULS from the BURSA market. To be fair to the purchasers of RCULS 13/18 the issuer should state that it shall redeem at the average market price over 5 trading days prior to the issue of notice to redeem. In view of this I had taken the decision today to sell out 100% of RCULS 13/18 this morning as it clearly showed to me that the BARAKAH management cannot be trusted and will not be fair to the minority shareholders due to this unfair clause of redemption of RCULs by the Issuer....
May I know what Barakah can start to redeem RCULS? Impossible if they just list RCULS last week & going to redeem it in 3 months ba. They can generate so much profit in months?
must...pay another 20 cents within 5 years i think ...but if u do NOT exercise it...it becomes the share automatically after 5 years...itu yg wa faham...tapi yg wa tak faham "redeemable" bermaksud company boleh beli balik the LA at 20 cents? itu wa memang tak faham peraturan bodoh macam ni pun ada
JayC, strike price 20 cents to convert warrant into mother share. anbz, if u r Barakah, will u borrow money from bank then pay back earlier in a week? U sure use that money to generate more money instead of redeem back that warrant which u listed last week. They need atleast 6 months to generate income, even they earn big money & want to redeem the warrant pun 6 months later punya story lah. =.=" Not logic. I think they just scare u off so that they could buy at a lower price. I just bought at RM1.05 this morning. Happy!!!
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....
saddiqsepakraga
725 posts
Posted by saddiqsepakraga > 2013-11-08 12:01 | Report Abuse
$$$$$$$$$$ :) :) :)