Hmmm I'll queue 0.03 abit longer first coz 0.035 no rush, many queue selling also

I probably gonna buy @ 0.035 , still thinking.

Almost time for an epic comeback

Maybe a reversal soon. Or rebound before waterfall? Hahaha

Got to average down my price, that's why. Even if 2.5k lot matched, my average still higher than you guys lahh hahaha

I'm gonna queue to buy 2500 lots at 0.03 tmr. Hopefully somebody sells mannn

RIP warrant waterfall like no tmr

Dangerous

I planning to add some 150k shares next week to average down my current price to 0.055

Aameen

Someone said.. "Too bad....today market didnt open..... if not cincai can up 15%....."

It will go across all energy sectors whether it involves production or non production..

_________________________________________

Yes @Mabel, that's what I meant by positive market sentiment. All O&G could be benefited from it but should also take note that the highest affected companies are still the ones that produce & sell oil. I meant.. people would focus on those stocks more, rather than midstream or downstream. But yeah, it should send positive signals to the O&G industry.

Aameen

Someone said.. "Too bad....today market didnt open..... if not cincai can up 15%....."

It will go across all energy sectors whether it involves production or non production..

_________________________________________

Yes @Mabel, that's what I meant by positive market sentiment. All O&G could be benefited from it but should also take note that the highest affected companies are still the ones that produce & sell oil. I meant.. people would focus on those stocks more, rather than midstream or downstream. But yeah, it should send positive signals to the O&G industry.

Oil price spikes is generally good for O&G companies (positive market sentiment) but it might be less sensitive to Barakah. Then again, Barakah doesn't involve in production of oil.

@DawsonL if takeover were to happen, what will happen to the share price and company?

Now we know why the price kept dropping. That much of shares disposal from Nik Hamdan, obviously it'd fall hahaha. Brace yourself, last 84 mil/10%

0.035 then all in lorr hahaha

Quickly grab 0.045 while you can, no more after this ahaha

Those entered warrant at 0.09 - 0?095 you won't lose money lah hahaha . The warrant will spike when mother share goes beyond 1.20, sit back and relax.

Buy go down, sell also go down hahahaha

0.045 it's now or neverrr

@Mabel and @Taloha gave some really good discussions. I actually think our guessing of Lecca pulling out is quite unlikely now hahaha 0.05 will be a good entry

Chillax.. nothing happened lol seems like it hasn't started or our guessing is all wrong hahaha

I'm actually hoping to collect some at 0.04 though. Hopefully get matched, average price still abit high haha

Nothing is confirmed yet lol chillax

Negatively, game over. White knight run, no contract and future prospects shit.

Positively, it's not Lecca's issue or even if Lecca calls for a hold, they could still negotiate and/or maybe Barakah could persuade Petronas to uplift the ban.

Nobody knows what really happened yet. My interpretation is highly likely Lecca pulls out, it could be wrong though, just guessing.

So it's just not me thinking the same. That's why it's scaring me hahaha but I'm going for 0.04 queue tmr.

This part "suspension of PBJV Group Sdn Bhd’s license, this had made it (challenging for the Company to implement the proposed scheme) presented to the Scheme Creditors".

If I were to read word by word and try to understand the actual meaning, this is scaring me hahahaha. It seems to me that the challenging part isn't creditors might reject the proposal if they were to put up the scheme for voting but something else in the scheme "suddenly" cannot proceed.

We should expect a slight retracement soon.

-_- speechless. Seems like this dude doesn't understand we are simply having discussion based on unconfirmed assumptions lmao

But I don't think Lecca would give up Barakah bahh unless something/someone disallows him. I'm actually hoping to buy more at 0.045 now lol hahahahah

I'm prepared to buy more if it goes down to 0.045 unless Lecca calls off the deal haha

Aiyor it's not really that bad yet lah lol

Oh well, coming days to months should be very interesting. Let's sit back and watch how it goes.

I'm not too sure about Lecca being cheated n stuff but if the scheme is rejected, they simply have to renegotiate only what hahaha after all, if Barakah close shop, they would probably get even lesser than what the scheme could offer now.

So, it could potentially go lower than 0.06 if the scheme is rejected. Meaning, BUY MORE LOR hahaha. Also, my personal opinion about Nik Hamdan's comeback could be positive and negative. Positive - exactly like what everyone guesses, he can persuade the creditors to accept the scheme. Negative - maybe the scheme is rejected? Lecca cannot become white knight? So Nik Hamdan might as well just come back? Of course, who the heck knows what is really happening right? Hahaha that's the fun of investment. "Speculation".

Nik hamdan says "I'm coming in at the worst time... But I know the company better than anyone"

About the suspension, Nik hamdan says "we are appealing the suspension and we feel it is debatable that we should be suspended... A lot of the accusations can be defended."

Basically these are the only important points in the article, sekian.

I copy and paste 1 some part.

(A creditor who spoke to the edge on condition of anonymity is certain the scheme will not go through. "No way" , he says bluntly.)

Based on the article, it seems the creditors are not happy with the scheme solution because there's "limited" cash involved and they must suffer more than 60% cut from the debt "repayment". Also, it is stated in the article that most debt will be settled using shares and only 11.11% of the total debt will be repaid with cash.

Ermm guys, actually what he said is true about the creditors' comment. There's really an article about Barakah in The Edge but not available online.

Those are last week's data. I feel like EPF is kinda disposing abit this week.

Achived a new year high, should topup WE soon.

0.12 far from waking up lor hahaha

300k queue highly unlikely to get at 0.055 lah hahaha, I collected at some at 0.06

Last chance to enter

Yeah, it's just lagging behind. Based on past few years' performance, it should be 0.18++ . I'm still holding on to it hahaha.

Might drop to 0.165

Uhh he's following you @Depeche lol.. no wonder gone for so long hahahahah

Lai liao lai liao.. 1 day show or real comeback? Hahaha

Warrant still lagged behind

As of now, 3.2m shorted hahahaha

I'm dead confused HAHAHAHAHA