yeah...DIVIDEND is given. Naim ready to come back

mfbs is 68? but why the site put 48???

profit growth and revenue growth sure barakah is selected by investor now. if barakah could giving out first dividend sure non-stop fly

if they not buy back the share, it could be rubbish soon better take profit and wait for they settle all the issue first just re-invest back.

yup if who sell on early morning they already get a lot profit. now seem the trend is going down. confirm now is not a good time for properties share cause all properties share are in freeze zone not so active.

i have some sense barakah now is control only by someone in price now and its seem start to slowly let it ready to break through 1.40 soon. better ready to grab on the cheaper price now.

no need to worry on what TP will get on next. important is the GST project is confirm and no delay to assign censof to perform software installation or migration into agency government as much possible, then sure we wont get any loss will only have more and more profit.

NEW IPO TITIJAYA launch...investor busy on there kot.....

Maintain BUY. Barakah’s FY9/13 results were in line, at 106% of our estimates. The key angle to this stock lies with its prospects for the Pan Malaysia T&I job. Securing this contract would be a major catalyst, which could see a 45% and 65% upgrade to our earnings forecasts to MYR100m and TP to MYR1.65, on a higher PER of 14x (blue sky scenario). Without this contract, our base case TP is MYR1.00, pegged to 12x FY15 fully diluted PER.

Snapshot of 4QFY9/13 results. 4Q revenue and core net profit of MYR87m (+51% QoQ) and MYR11m (+97% QoQ) took FY9/13 net profit to MYR41m (+24% YoY). The underlying QoQ growth was due mainly to higher contributions from its installation and construction services division. Revenue jumped 10x to MYR42m, driven by its pipelay barge KL 101 deployment as an accommodation barge to Pertamina at a DCR of MYR50k over Jul-Nov 2013. This offset lower earnings at its pipeline and commissioning services division (revenue fell 16% QoQ to MYR45m). Group effective tax rate in 4Q was 51%, as Barakah was hit by MYR11m in deferred tax provisions.

2-year net profit CAGR of 29%. Our base case forecasts are unchanged. We expect FY14/15 earnings to grow by 15%/45% to MYR47m/MYR69m, driven by higher profits from its: (i) KL 101 pipelay barge and (ii) hook-up and commissioning (HUC) operations, underpinned by a MYR756m order backlog. Our FY14/15 forecasts assume: (i) KL 101 will be deployed for 120/180 days for T&I works and 200/140 days as an accommodation barge, coupled with (ii) HUC operations reporting revenues of MYR100m/MYR150m p.a..

Eyes on the Pan Malaysia T&I Package A job. Barakah’s MYR6.1b worth of tenders is equally split between local and overseas bids. The focus is on the local tenders. The lucrative Pan Malaysia T&I award is likely to be announced soon with Barakah as the frontrunner for Package A, among six other bidders. Our estimate of a 15% net margin on revenue of MYR500m p.a. (100km of pipelines at MYR5m/km) suggests this job alone could contribute a net profit of c.MYR75m p.a..

Source: Maybank Research - 27 Nov 2013

walau eh...BENALEC so big problem ah....revenue drop so much and still in loss status. why suddenly turn to loss so much?

rubbish counter make me feel sleepy and wasting time and money only. no news at all. SAMPAH

if Barakah could giving Dividend sure will more attract investor to come in...

Barakah is an mystery package we don't know what will have inside the box. its could be gold also could be an nothing. if you believe that will bring you a happy moment just wait for future, if you not believe that is your right to quit cause money our own. Barakah is a good company have potential growth in their business and the share market price for this moment is still cheaper. GAS and OIL related company all will be shine on this few year so good to invest. we are hard to predict what will going on future if feel something wrong just quick on future but at least we are collect on cheaper price before it going to next high price. Good example company for offshore related company. Share market from FEB 2013 to NOV 2013

Dayang - provision of offshore topside maintenance services, minor fabrication works and offshore hook-up and commissioning services for oil and gas industry(From 1.90 - 5.31),

Alam - Offshore supply vessels (From 0.70- 1.57)

Barakah Offshore Petroleum Berhad ("Barakah" or the “Company") is pleased to announce that its wholly-owned subsidiary company, PBJV Group Sdn Bhd, has received a letter of award from Kebabangan Petroleum Operating Company Sdn Bhd (“KPOC”) for the provision of dewatering, drying and dry preservation of 14” and 24” KBB Linepipes for Kebabangan Nothern Hub Development Project (“Contract”) at a contract value between RM20 million to RM25 million. The work for the Contract is expected to commence in Q4 2013 and is expected to be completed by Q1 2014.

lee9fold if buy already this counter must be confident, if not confident better keep money in bank. wakakaka. let us continue see the result and celebrate together. (^_^)b

Hope Barakah today able to close on 1.40 let more investor come back on next week. Need to close in more higher price before any announcement from barakah on petronas contract then just worth for us can earn more. Wakakaka

Nothing worry on censof. if GST is confirm implemented on 2015 sure benefit to censof. 2014 the software must be ready cause some of government department sure will start trial run testing. after that phase by phase to other agency, once reach 2015 is must start to go LIVE for all which need GST. That time you want get censof on current price is impossible already. Example you could see like MyEG, that is a good sample to refer.

collect and keep the stock while low price. let it drop below 90 cent...wakakaka

after correction will be rebound back. Censof not only for GST software so this counter is worth to keep one..

freonsf i'm also newbie only...hahaha only 1 year inside here. so need to work closer with some experience reminser on it.

freonsf don't worry small investment is just the starting point, soon you will learn and earn more and more.

freonsf hahaha i just a small potato chips and poor so not much i enter only hahhaha. you seem like buy a lot big investor of barakah. good luck for you and barakah hahaha.

need to wait until announcement from censof just continue to up trend.

freonsf ...investment sure have risk one. just pray more..hahaha but as i notice all good counter sure will have good future, example zhulian before election also only 2.70 now reach 5.00. so just need be patient. they will panic only for contra player.

freonsf i'm not sure. if you want to take profit first just sell and collect again on the best price. but if you already in negative you are force to collect again with the better price to average your price. investment have up and down just need to be patient to control your stock. once get announcements from barakah will benefit you soon. that why when invest must choose the company which business will growth on future.

Jellyfish big shark all buy in low price range below 1.10 sure they SELL loh...let it down take profit. after that collect back again on low price again loh. they buy a lot unit so up a bit already could earn a lot not like small investor need to wait. Don't worry if strong counter with good future wont be impact. now consider overbought and during correction you could feel panic, so be patient awhile.

yup loh....don't always come here just say SELL SELL after that collect at behind. cheat all of new investor here only.

jfr3333 yup agree with you....now is the period big shark quit. after that will be stable and move to next TP.

VT share must be careful, a lot investor scare on his units. i saw from forum a lot investor dislike his share unit.

Qiii thanks for your explanation.

thanks Qiii but i still not understand on it, why suddenly having RCN on censof? what the purpose? benefit to investor?

What is RCN ? what is proxy form? i also blur on what the document censof sent. anybody can tell me more detail about RCN?

who believe on this counter just hold and buy...who are not believe on this counter just sell...cause money is your so you could make your decision. some one take profit and buy when drop. some believe it wont drop will continue shine. this is investment sure have up and down. just to say good luck to barakah supporter.

prc4wifefe only the barakah announcement will do let them feel comfortable. now all of them worry on overbought.

just an correction will be continue shine after this. in addition Today is IPO Listing for Berjaya Auto Berhad IPO Price is 0.70 now is 1.95 gain 1.25. All investor now concentrate on that counter.

Today is IPO Listing for Berjaya Auto Berhad IPO Price is 0.70 now is 1.95 gain 1.25. All investor now concentrate on that counter. while buyer volume drop sure will affect a bit once they get profit they will switch back GAS and OIL counter. barakah is the most cheaper counter compare with other...be patient

up 1.04 damn crazy gain....so sad can't get this IPO

1.62 now with IPO price just 0.70.....this few month IPO damn crazy

today will be good start. wait for 1.40 (^_^)b

zamsaham PBJV Sdn Bhd = BARAKAH .

trend is always up. really hope monday could turbo fix and continue to another High.

wont get on 1.00 one lah...now in uptrend volume keep on increasing now. everyone also know this counter is the still the cheapest share among all the oil and gas counter. to find profit sure will invest here.

psd57 sure start moving cause Petronas has awarded. Major 13-package, five-year offshore services contract with a total work value of about RM10bil to six local providers one of it is barakah oh...wakakaaka ready for celebration all barakah investor

i think still will up. cause buyer volume keep on increasing. is a good sign for this company.

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

cristiano7mu thanks for your info. if you not tell us we don't know PBJV Sdn Bhd = Barakah. thanks a lot. that is a good news for barakah holder.

fayzspace the contact got mention is allocate to barakah? if got why barakah don't want announce news?

prc4wifefe where you get the news? no in bursa also

barakah buyer still a lot. seem like something will be announce soon.

low buyer....all going to holiday liao..wakakaka