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2019-06-03 11:58 | Report Abuse
@newbiesky, this stock is in my list. But, I dare not go in at such high price. This is because
1. The qr is bad than expected.
2. US stock, treasury yield and oil price drop on Friday
3. US-chins trade war with no end sight
4. Today T2 for those who fall into chase high trap on Thursday
5. Short trading week
6. Extremely high debt
7. The most important, since all smart sifu got trap at high price....no one will let you go so easy
2019-06-03 11:46 | Report Abuse
@chunkit, honestly, I'm not understand why you so high. You are the one who hold at high price. But, regardless how you talk. I'll not go in at this high price. I still believe there must be a reason why Maybank rate this counter as 0.01 on thier Maybank report. For those who don't know the detail of Maybank report from Maybank. Below is the detail.
Think twice before you fool by someone in forum.
---&
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.
2019-06-03 10:54 | Report Abuse
My dear @Bug62. Thanks foe worry on me but Im not playing short sell...just a normal, little investor. You, encourage to buy now 0.05. go,go..many investor need your help to escape from chasing high. But, I'll not buy now due to
1. The qr is bad than expected.
2. US stock, treasury yield and oil price drop on Friday
3. US-chins trade war with no end sight
4. Tomorrow T2 for those who fall into chase high trap on Thursday
5. Short trading week
6. Extremely high debt
7. The most important, since all smart sifu got trap at high price....no one will let you go so easy
2019-06-03 10:03 | Report Abuse
@chan, yes..you can buy..better buy 0.05 now. need your strength to push up. I'll not buy because I'm still worry on Maybank report from Maybank. See below, Maybank report from Maybank. 0.01 may not reach...but gap between 0.01 to now still big.
---
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.
2019-06-03 09:09 | Report Abuse
Barking? Trying to stop me from sharing thought so that all burned hand sifu able to escape from big lost??
I'll not buy today and fall into your white knight trap because
1. The qr is bad than expected.
2. US stock, treasury yield and oil price drop on Friday
3. US-chins trade war with no end sight
4. Tomorrow T2 for those who fall into chase high trap on Thursday
5. Short trading week
6. Extremely high debt
7. The most important, since all smart sifu got trap at high price....no one will let you go so easy
2019-06-03 08:27 | Report Abuse
@DasWack, copy pls...don't say without action..
2019-06-03 08:01 | Report Abuse
For those want to q high today...take note on below,
------
1. The qr is bad than expected.
2. US stock, treasury yield and oil price drop on Friday
3. US-chins trade war with no end sight
4. Tomorrow T2 for those who fall into chase high trap on Thursday
5. Short trading week
6. Extremely high debt
7. The most important, since all smart sifu got trap at high price....no one will let you go so easy
2019-06-03 08:01 | Report Abuse
My dear sifu, no need argue...I don't care you agree or not. Since you already bought , report is too late for you remember...Maybank report is from Maybank. The report remind us be careful on this falling knife.. if you want bet, better bet in getting or wait few more days..here you go, maybank report from Maybank.
---+
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.
2019-06-02 22:23 | Report Abuse
My dear hand burned sifu @zulmuiz. You don't care or too late to care? Since you already trap at high price, you no need to care. But, I'm very care on Maybank report created by maybank. The report tell me that very risky to hold this counter. See careful on below report from Maybank.
-----
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.
2019-06-02 22:12 | Report Abuse
@chunloke, if you are in panic mode, take rest then only comment. If you are not in panic mode, then ask your dad to explain to you or save all the text and read again when you grow up. By that time, you will understand.
Again...is always up to you if you believe or not on below fact. To me, ill just hold my capital and go in at right time. 0.045 is still expensive to gamble due to
1. The qr is bad than expected.
2. US stock, treasury yield and oil price drop on Friday
3. US-chins trade war with no end sight
4. Tomorrow T2 for those who fall into chase high trap on Thursday
5. Short trading week
6. Extremely high debt
7. The most important, since all smart sifu got trap at high price....no one will let you go so easy
2019-06-02 21:38 | Report Abuse
Ok..good luck then...but, average may not work all time. Sometimes, cut lost is a better option... 6sen up 2sen is more than 10sen down 2sen. Also, during bad time, save capital is always important than try to gain earning.
2019-06-02 20:17 | Report Abuse
The rest, I lazy to counter..only great sifu like you force to invest even at bad day/bad price. Only burned hand sifu like you have to tell people buy high price on sunset company now. We normal people will only go in when time right on right counter
2019-06-02 20:11 | Report Abuse
@chunloke, qr is bad than expected is from Maybank report that came from Maybank. 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.
2019-06-02 19:25 | Report Abuse
@investsuccess, don't try to be funny. I checked your past post, u bought this counter at high price since few days/weeks back.
Those who not believe, check on his profile comment..
Again, this hand burned sifu trying hard to promote this counter so that they can minimize loses.
Again, think twice if you want to invest tomorrow due to
1. The qr is bad than expected.
2. US stock, treasury yield and oil price drop on Friday
3. US-chins trade war with no end sight
4. Tomorrow T2 for those who fall into chase high trap on Thursday
5. Short trading week
6. Extremely high debt
7. The most important, since all smart sifu got trap at high price....no one will let you go so easy
2019-06-02 19:02 | Report Abuse
#investsuccess, if you can buy @0.03 why you buy @0.04?
2019-06-02 17:19 | Report Abuse
@chunkit, not 1 skill..beside Maybank..there are many other factors that ask us don't buy @0.045. see below
1. The qr is bad than expected.
2. US stock, treasury yield and oil price drop on Friday
3. US-chins trade war with no end sight
4. Tomorrow T2 for those who fall into chase high trap on Thursday
5. Short trading week
6. Extremely high debt
7. The most important, since all smart sifu got trap at high price....no one will let you go so easy
2019-06-02 17:13 | Report Abuse
Ok..@DasWack. now, all know below Maybank news is from Maybank..so, Maybank tells us be cautious if you want to go in @0.045.
------
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.
2019-06-02 16:34 | Report Abuse
@chunkit, buy on right timing. Good stock will not up forever and bad stock will not down forever (unless delisted). What i can say now is this is not the right time to buy barakah. If you want buy, wait for lower price since
1. The qr is bad than expected.
2. US stock, treasury yield and oil price drop on Friday
3. US-chins trade war with no end sight
4. Tomorrow T2 for those who fall into chase high trap on Thursday
5. Short trading week
6. Extremely high debt
7. The most important, since all smart sifu got trap at high price....no one will let you go so easy
2019-06-02 16:30 | Report Abuse
@DasWeck, finally you aware that Maybank news is not from me. For those would like to know Maybank news. Pls see below..be careful if you want to gamble on next Monday @0.045
-----&
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.
2019-06-02 16:23 | Report Abuse
@chunkit, good boy, finally you agree not to buy at this high price of 0.045 since
1. The qr is bad than expected.
2. US stock, treasury yield and oil price drop on Friday
3. US-chins trade war with no end sight
4. Tomorrow T2 for those who fall into chase high trap on Thursday
5. Short trading week
6. Extremely high debt
7. The most important, since all smart sifu got trap at high price....no one will let you go so easy
2019-06-02 16:17 | Report Abuse
I'm not fortune teller, I don't have crystal ball. What I believe is this stock will drop in near future. So, is not a good time to buy.
Once I finish slapping those sifu, I'll stop. Since I earn or lost nothing if the price is up or down. (Unless I really want to gamble on 0.035 or below)
2019-06-02 15:56 | Report Abuse
@DasWack, my dear...Maybank target price news is not from 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.
31/05/2019 3:16 PM
2019-06-02 15:39 | Report Abuse
@chunkit, buy at lowest price is not that important. It is ok if you buy at high price on sunrise stock. But, you and other sifu case is totally different, you all bought high price on sunset stock. If you think you are good, then is ok.. since this is your money.. but, don't give false hope to potential buyer on white knight, inside news, etc bs news. As all of us know, the price going to drop further due to
1. The qr is bad than expected.
2. US stock, treasury yield and oil price drop on Friday
3. US-chins trade war with no end sight
4. Tomorrow T2 for those who fall into chase high trap on Thursday
5. Short trading week
6. Extremely high debt
7. The most important, since all smart sifu got trap at high price....no one will let you go so easy
2019-06-02 15:21 | Report Abuse
@chunLoke, I pening...no wonder I can't recall this. it was on Jan 2018...are you ok, boy? Don't worry too much on tomorrow result, it is pretty much set. Lost money is ok but don't lost yourself
2019-06-02 14:18 | Report Abuse
For those who don't know Chun loke and don't know why he suddenly come out annjoo comment...don't worry, I don't know as well...after I do some research, then I understand why he try to divert focus...this is because he is holding big barakah @10sec (see below as evidence). So, pls forgive him.. if I will him, I'll also panic and say something that I also don't understand what I'm saying.
----
May 22, 2019 8:07 AM | Report Abuse
@kianweng Wait price fall until 6c and 5c then average lur. My average price now also 10c.
2019-06-02 14:09 | Report Abuse
@chun loke, I will not del anything...just show here...we can start from there..if not, u better post at annjoo site..don't disturb me focus on my 0.025 tp
2019-06-02 13:39 | Report Abuse
@nikmon, thanks for remind on the sky high debt. Now, I can understand why Maybank give tp as low as 0.01. I have to revise my tp from 0.035 to 0.03 and now 0.025.
2019-06-02 13:08 | Report Abuse
@chunkit, pls explain your share - Jan news for what purpose? Try to trap blur investor go in tomorrow at high price of 0.045? The news is old. During that time, barakah haven't pn17, haven't out worst qr, maybank haven't rate tp 0.01, trade war haven't turn bad...so, what is the reason you show this old news?
2019-06-02 12:41 | Report Abuse
@chun, u refer to me? If yes, show evidence. Honestly, I don't recall this. If you are my true fan, u will know I exist klse for quite some time...so, what you want perli, pls quote or show evidence....then we can start from there.
2019-06-02 11:21 | Report Abuse
I agreed worst event is pn17..but, worst case is still not that day since many still put hope on white knight, good news, better qr, etc.
But now, qr is worst than expected, Maybank give tp of 0.01, trade war getting serious after surprise tariff on mexico + China strong attitude against trump, etc - worst case coming soon....
2019-06-02 11:04 | Report Abuse
Haha...my dear sifu. Try harder. Maybe someone will listen to you and go in tomorrow @0.045. but, I'll will not since
1. The qr is bad than expected.
2. US stock, treasury yield and oil price drop on Friday
3. US-chins trade war with no end sight
4. Tomorrow T2 for those who fall into chase high trap on Thursday
5. Short trading week
6. The most important, since all smart sifu got trap at high price....no one will let you go so easy.
2019-06-02 07:08 | Report Abuse
@chunkit, your perli come too early, should wait for Monday result. Be patient, Monday will have the answer....0.03...mari Mari come..
2019-06-01 23:35 | Report Abuse
@money, nice seeing you here...lets ask sapnrg gang here....shout together.. 0.03 Mari Mari come...let's slap all expert sifu gao gao.
2019-06-01 23:22 | Report Abuse
@taloha, if you want 0.045, q on Monday morning. If you want 0.04, q on noon, if you want 0.035, q 1h before close
2019-06-01 21:48 | Report Abuse
@T800. No need wish...you q on Monday or Tuesday..can hit..
2019-06-01 21:39 | Report Abuse
@Chunkit, Yes, Im stupid...you are too smart to buy @0.090. yes, I'm stupid to look on realized news....you are too smart to look at 'future' news.
----
Chunkit Yip 可以去读一下新闻吗,伤脑筋。真的不怕笨的,怕遇到没脑又乱乱讲的,给你一条link,看white knight是谁讲的
01/06/2019 2:05 PM
2019-06-01 21:08 | Report Abuse
My dear @DasWack, don't del post later...data speaks by itself. Last Friday got wrack .let's see on Monday. Mari Mari come..0.035..
2019-06-01 20:03 | Report Abuse
@investsucess, let's see Monday...hold your seat belt and pray.... Only smart sifu will in tomorrow or next week ..
2019-06-01 20:01 | Report Abuse
For those who believe white knight news from barakah aka Chunkit...try to imagine..will you tell people thst company have left little hope when you are still holding big share.
-----
May 17, 2019 10:06 PM | Report Abuse
I start buy barakah on 24 apr.after i check back the details.barakah total shares volume is 8xxmilion share.after 24 until now,total trading volume no more than 300m
2019-06-01 19:50 | Report Abuse
Those who trust sifu Chan cy on white knight or insider news...pls be careful...think twice if you want go in now @ 0.05. see below.
-----
May 30, 2019 10:33 PM | Report Abuse
save me and kianweng , we both stuck at here. i will top up more to average down my price
2019-06-01 19:40 | Report Abuse
I can't wait on Monday result to slap the sifu....U.S stock, treasury yield and oil prices all dropped on friday...force selling on t2..I'll see how sifu Chan Cy and sifu Das will comment...I'm sure they will still act confident and paint good pic on barakah future. Again, don't dream any stupid will come in now to say your high holding price...
2019-06-01 19:28 | Report Abuse
@chunkit, sorry. Your wish don't come true. Your sifu DasWack need me here..i can wait to slap him more on next Monday/week
2019-06-01 19:27 | Report Abuse
@DasWack, my dear...do you think I scare Kena shoot? I just don't want to put my fun on all sifu wound. In fact, I'm more than happy if anyone like you want to continue...this will make boring trading become more interesting. I share shit or your white knight, good news, insider news is more shit?..we will know later by this week, this month or this year. Don't dream that ppl will push the price for you to escape. Catch falling knife in klse is always risky than gamble in casino....
2019-06-01 13:50 | Report Abuse
@chunkit...you slap by ownself....see below. White Knight idea is from you.
May 24, 2019 4:59 PM | Report Abuse
Yes,nik need force sell his share to paid margin call,but the news mention already, don't know how much his need to sold. If he settle his debts already,and still kept his share.why?if barakah will delist soon and no white knight,why he not sold out all. Actually when you see someone sold out big volume,you think this guy must nik, actually may be someone take opportunity to sell high and buy low
2019-06-01 13:40 | Report Abuse
@mabel, you have point....I stop here...since I earn nothing when sifu lost money. But, if any sifu keep shoot me, I'll continue spending my time bs with sifu here
2019-06-01 13:28 | Report Abuse
@chunkit, I hold nothing, how to sell? If I could, ill sell before qr out. you all are the one who mention white knight and all good news first...everyday flood the forum with empty fact..
2019-06-01 13:23 | Report Abuse
@investsucess, yes, this stock is in my watch list.. but, I dare not go in yet. With this price, the risk is too high. I'm spending time bs with sifu here is just because I can't tahan they keep talk empty hope in forum....just trying minimize thier lost by hoping ppl chase high
2019-06-01 13:19 | Report Abuse
Don't talk so loud that 0.035 will not hit....time will tell..
2019-06-01 13:16 | Report Abuse
Last Friday result already slap those sifu face ..I want to see how they say on next Monday end, next week end and next month end..
Stock: [BARAKAH]: BARAKAH OFFSHORE PETROLEUM BHD
2019-06-03 12:13 | Report Abuse
@newbiesky,sorry if I hurt your mode...I just want to play with few kid sifu here who are very cute to me.