Congrats to all, you have chance to witness who is KLSE Buffett. Summary of long story - - @InvestsuccessTrader with his 3 royal followers @Zulmuiz, @Bug62 and @Daswack was trapped high price (around 8-10sen) on counter Barakah (7251). But they are very confident that Barakah will shoot back to 0.09 or above. - on the other hand, @Ooddd feel that Barakah will drop to 0.035 or below. Ooddd confident was came from Maybank tp of 0.01.
So, both camp decided to fight for who is next Buffett.. looking forward on the progress of Barakah...
Evidence in below: from mighty @InvestsuccessTrader ---&&& Stock: [BARAKAH]: BARAKAH OFFSHORE PETROLEUM BHD
May 31, 2019 7:26 PM | Report Abuse
monday Queue at 0.45-0.05, sure can double or triple after this year,7months only. 100k becomes 200k or 300k. you won't lose money at this price
To all bros, This Oodd known as the barking dog at Barakah was mocked by all the investors there,trying to be the IB who predited Barakah will drops to 1 cents, In KLSE he doesn't own a single share and nobody entertain him. Pls check his history.
Also, u know tp of 0.01 is from Maybank, not me...see below
---- /05/2019 3:13 PM
kianweng123 Barakah Offshore Petroleum (BARAKAH MK) by Thong Jung Liaw Share Price: MYR0.06 Target Price: MYR0.01 Recommendation: Sell 15MFY19: A miss Results came in below our expectation, which led to a 57% rise in our 18MFY19 core loss estimate. Barakah is now a PN17 stock following the default of its loans. It needs to address its under-utilised assets and rising debts. We do not rule out an impairment/ fire-sale exercise of its KL101 vessel (single-largest cost component) to resolve this issue. We cut its TP to MYR0.01, pegging it to 0.1x BV, reflective of peers that face similar debt default risk.
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....
KLSEBOTS
379 posts
Posted by KLSEBOTS > 2019-06-10 11:27 | Report Abuse
they push down again to force sell. buy if u want add more