BARAKAH OFFSHORE - RCULS 13/18

KLSE (MYR): BARAKAH-LA (7251LA)

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0.125

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1 person likes this.

194 comment(s). Last comment by zamsaham 2014-11-20 11:27

ladzatz

975 posts

Posted by ladzatz > 2013-11-12 22:38 | Report Abuse

boleh naik lagikah? very dangerous...checkout MQTECH..so many sharks changing hands

ktrader

1,863 posts

Posted by ktrader > 2013-11-12 22:44 | Report Abuse

Barakah Dan Mqtech dalam liga berbeza...tak kena klau nak buat perbandingan..

ladzatz

975 posts

Posted by ladzatz > 2013-11-12 23:09 | Report Abuse

don't worry the next tip is ... M Q T E C H

ladzatz

975 posts

Posted by ladzatz > 2013-11-12 23:13 | Report Abuse

barakah minyak...mqtech buat precise component for jet for Jetline International which already has got a RM 1b licence from Finance Ministry of Malaysia...and agreement has been made with MQTECH ma...new biznes....jet pun guna minyak

Posted by saddiqsepakraga > 2013-11-12 23:20 | Report Abuse

profit margine pulak camno?

Posted by saddiqsepakraga > 2013-11-12 23:22 | Report Abuse

margin..

zamsaham

778 posts

Posted by zamsaham > 2013-11-13 15:27 | Report Abuse

I still don't understand why need to discuss that 20cts.

Just buy, hold and sell. What;s the BIG issue here?

BUY 1.09 x 500,000 sell at RM 1.20 x 500,000 - dah profit besar. Apa lagi traders mau? In this case, who give a (*@&#@&$(!*&!^* what that *(~&^@*#& 20 cts clause.

Just my opinion. Don't need to fire or give stupid remarks, especially the dumbest person by name of NxxRx.

zamsaham

778 posts

Posted by zamsaham > 2013-11-13 16:17 | Report Abuse

JCcool - none of the bank experienced run in Malaysia. So your analogy is totally invalid.
Try again,

zamsaham

778 posts

Posted by zamsaham > 2013-11-14 22:56 | Report Abuse

ok sir. just maintain your position until the news is released on contract winning.

anbz

5,163 posts

Posted by anbz > 2013-11-15 00:45 | Report Abuse

JCool ..seems u re-enter...brave lah...remember our discussion in this barakah-La room ..about searching for excellent stock that people still don't understand? i think i might have found it...it's mqtech...please study the strange trading of mqtech for this past few months

and this i want to share with u...but i also want u to realise that your barakah-LA is now overvalued against it's mother...anyway congrat..i'm not as brave as u

remember our aim ... to share info about such stock with quality but people still don't understand or can't comprehend enough that makes the avoiding it

but please study it first...kalau boleh sekarang jugak...mqtech may make u rich just like barakah-la bro

JCool

961 posts

Posted by JCool > 2013-11-15 12:09 | Report Abuse

I hv not bot d LA again... Jz thinking of entering d mom..

caven101

911 posts

Posted by caven101 > 2013-11-15 15:02 | Report Abuse

they have just won the contract from petronas.. 5 year work billion ringgit worth..
http://www.thestar.com.my/Business/Business-News/2013/11/15/PETRONAS-AWARDS-13PACKAGE-RM10-BLN-CONTRACT-TO-6-LOCAL-FIRMS.aspx

zamsaham

778 posts

Posted by zamsaham > 2013-11-15 16:19 | Report Abuse

caven101 - no, the news didn't specifically mentioned Barakah.
Barakah not under HUC but T&I
==========================================================================
was awarded to Kencana HL Sdn Bhd, Dayang Enterprise Sdn Bhd, Petra Resources Sdn Bhd, PBVJ Sdn Bhd, Carimin Engineering Services Sdn Bhd and Sigur Ros Sdn Bhd

Posted by saddiqsepakraga > 2013-11-15 17:09 | Report Abuse

PBJV Sdn Bhd = BARAKAH...NO?

caven101

911 posts

Posted by caven101 > 2013-11-15 17:43 | Report Abuse

zamsaham PBJV Sdn Bhd = BARAKAH .

almufathal

1,360 posts

Posted by almufathal > 2013-11-16 08:45 | Report Abuse

Barakah is under PBJV

Posted by saddiqsepakraga > 2013-11-16 09:09 | Report Abuse

Extracted from btimes >>>>> SAPURAKENCANA Petroleum Bhd, Dayang Enterprise Holdings Bhd, Petra Energy Bhd and three other oil and gas companies have bagged a combined RM10 billion jobs from Petroliam Nasional Bhd (Petronas).

Three other recipients are PBJV Sdn Bhd (now known as Barakah Offshore Bhd), Carimin Engineering Services Sdn Bhd and Sigur Ros Sdn Bhd

Posted by Kamaru BahariBakar > 2013-11-16 11:14 | Report Abuse

Before you buy warrant, you must understand very well, there is 2 type of warrant 1. Call Warrant 2. Put Warrant 3. Loan Stock (LA). Barakah LA is a Loan Stock. The Barakah company only need $0.20 to redeem 1 unit Barakah LA or the warrant holder have to wait 5 years to convert to mother share. Put Warrant also looks like "dead warrant".

Posted by saddiqsepakraga > 2013-11-16 11:21 | Report Abuse

No... you are wrong !! there are 3 types of warrant: company warrant, call warrant and put warrant. And... No !!...you are wrong....LA holder can convert to mother next year....

Posted by Kamaru BahariBakar > 2013-11-16 12:21 | Report Abuse

Mr. sadiqsepakraga, you got wrong information, please read information below: Barakah offshore RCULS 13/18.
Type : Loan Stock Listing date :Nov 06, 2013
Maturity : Oct 24, 2018. Issue size :208,021,362.
Exercise price :MYR 0.20 Ratio : 1:1
Underlying Stock :Barakah.
Source : i-investor (Malaysia).

Posted by saddiqsepakraga > 2013-11-16 12:26 | Report Abuse

Aiseyyy man......you read this:

Remarks :
Each registered holder of RCULS shall have the right to convert the RCULS into fully paid-up new ordinary shares of RM0.20 each in Barakah at par during the Conversion Period (subject to the holder thereof giving thirty (30) days prior irrevocable written notice to the Issuer).

RCULS may be converted into new ordinary shares of RM0.20 each in Barakah, at the option of the olders, on any business day after the first (1st) anniversary of the issue date of the RCULS until Maturity Data ("Conversion Period"). The Maturity Date of the RCULS is the date falling on expiry of sixty (60) months from the Issue Date. Any outstanding RCULS which have not been redeemed or converted shall automatically be converted into new ordinary shares of RM0.20 each in Barakah at maturity.

JCool

961 posts

Posted by JCool > 2013-11-16 20:30 | Report Abuse

HaHa.... No need to know PBJV Sdn Bhd = BARAKAH.... Or if d LA is RCULS ICULS Warrant.... I knew I got spooked n untung sikit... D ones who jzzzzz bot made a lot

zamsaham

778 posts

Posted by zamsaham > 2013-11-18 00:26 | Report Abuse

http://www.pbjv.com.my/ = Barakah. LOL to myself. I thought Barakah = T&I contractor but also HUC contractor.

Another T&I contract is not yet announced, right?

ktrader

1,863 posts

Posted by ktrader > 2013-11-18 04:52 | Report Abuse

right brother....

ladzatz

975 posts

Posted by ladzatz > 2013-11-18 10:22 | Report Abuse

both mqtech and gpacket will increase significantly...
1. digi must buy gpacket spectrum ...I repeat..MUST
2. jetline international with RM 1b licence (exclusively in Malaysia) with tender to MQ Tech...must buy Mqtech for gains and strong grip and foothold of the biz jet industry...again...I said MUST
why buy share on the day of force selling or simply pressure selling??? that's not wise bro

ladzatz

975 posts

Posted by ladzatz > 2013-11-18 15:38 | Report Abuse

mq tech now fell..discount

zamsaham

778 posts

Posted by zamsaham > 2013-11-18 17:00 | Report Abuse

This is Barakah discussion, not MQTech or others. Behave or get flagged. Thanks

lisee

30 posts

Posted by lisee > 2013-11-20 21:29 | Report Abuse

so pls advise which is a better buy ,mother or loan stock...thks in advance

Posted by jeffrey123 > 2013-11-28 10:50 | Report Abuse

wow... no updates on la here at all

tchaipeng

63 posts

Posted by tchaipeng > 2013-11-28 12:45 | Report Abuse

http://www.barakahpetroleum.com/bop/index.php/corporate-info/bop-about-bop

http://www.barakahpetroleum.com/bop/index.php/corporate-info/corporate-structure

ABOUT BARAKAH
Barakah Offshore Petroleum Berhad (Barakah) was incorporated in Malaysia in March 2012 as an investment holding company for PBJV Group Sdn Bhd (PBJV).

The business of PBJV started in August 2000 in offshore pipeline services and still remains an integral part of its core business activities. PBJV recently being recognised as the best service provider for pipeline services by Petronas in 2012 for its excellent services. Being focused and committed in this ever-challenging industry and consistently striving to be the best, are the key success factors of the company.

From pipeline service provider, PBJV expanded its business activities into offshore transportation and installation works, hook-up and commissioning, onshore construction, underwater services and chartering of marine vessels and equipment.

prc4wifefe

3,564 posts

Posted by prc4wifefe > 2013-12-11 12:19 | Report Abuse

Barakah-LA is trading at 6 sen discount to mother share

Posted by Candlestick > 2013-12-11 15:00 | Report Abuse

About 8 sen discount from mother stock, worth buying this than mother?

Posted by saddiqsepakraga > 2013-12-11 15:04 | Report Abuse

why heavy selling on LA ? Price hard to move up!!

prc4wifefe

3,564 posts

Posted by prc4wifefe > 2013-12-11 15:12 | Report Abuse

now even more discount...wakakakaka

buyers still more than sellers but not so significant difference like main share...itu pasal sangkut

prc4wifefe

3,564 posts

Posted by prc4wifefe > 2013-12-11 15:13 | Report Abuse

if main share have support at 1.55...LA should be worth at least 1.33-1.35 already...hmmm

zamsaham

778 posts

Posted by zamsaham > 2013-12-11 16:24 | Report Abuse

trading discount = BUY at will.

1.57
1.28+0.20 = 1.48 +0.09cts discount

avucin

145 posts

Posted by avucin > 2013-12-16 10:02 | Report Abuse

big sharks have so many...they will push down the price of the LA...they will wait until force selling...nevermind that the mother is now 1.55 or 1.60...kill the son first and wait for 4 more days..sure if they execute their plan well...they could even get under RM 1..just like before

avucin

145 posts

Posted by avucin > 2013-12-16 10:04 | Report Abuse

then jcool we can come back safely hahaha

anbz

5,163 posts

Posted by anbz > 2013-12-16 11:53 | Report Abuse

1.57 and 1.30

now the discount only 7 cents...u talked so soon..hehehe

anbz

5,163 posts

Posted by anbz > 2013-12-16 14:53 | Report Abuse

rugi tak jual 1.38-1.40 ..rugi-rugi ..now 1.27

Wei Xin

128 posts

Posted by Wei Xin > 2013-12-20 20:06 | Report Abuse

valued now 1.27

itbp

54 posts

Posted by itbp > 2013-12-23 09:16 | Report Abuse

i thought the gap between mother and son is just 20 cent. But it keeps maintaining at 30 cents these few days. Any bro know what's happen? It's a trap or chance?

Posted by Candlestick > 2014-01-08 18:50 | Report Abuse

Still discounted price for LA in view of mother price @ 1.63, hope it narrow up the gap soon

jxlim1025

10 posts

Posted by jxlim1025 > 2014-01-09 15:20 | Report Abuse

fuyohhh...........

stlf

170 posts

Posted by stlf > 2014-01-10 16:02 | Report Abuse

confirm with registrar no need to add 20 cts for conversion. Only can convert after 1 year from listing and until expiry, automatic conversion to mother share! BUY!

stlf

170 posts

Posted by stlf > 2014-01-10 16:03 | Report Abuse

after 24 OCt 2014 can convert already. No need add cash!!! Also they are paying interest on the LA at 3.5 %.

laxlav

82 posts

Posted by laxlav > 2014-01-10 16:10 | Report Abuse

yes buy there is also a write up by HONGLEONG bank about
it and may be published in papers soon where they highlighted
the automatic conversion to mother share.
as such HONGLEONG BANK has recommended the purchase LA

Firebird2

1,730 posts

Posted by Firebird2 > 2014-01-10 16:23 | Report Abuse

HONGLEONG BANK did a good job in their research and explain to a lot of investors the value of the LA.

Firebird2

1,730 posts

Posted by Firebird2 > 2014-01-10 17:25 | Report Abuse

Means on 24 Oct 2014 you get a 1 for 1 Barakah-LA automatically converted to Barakah shares and you can sell it then, whatever the price of Barakah may be then.

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