who is the brave investor bought half million worth of share before closing.....haha

what is in their mind, made belated announcement one by one, investor are not stupid, just sell of the company...30 million loan due by this year and extension of principle repayment due on year end, worst still the war ship still idle, just sell the company, the longer it drag the cheaper it will be.

share diluted and worth 20% lesser. PE will increase....

calvintaneng ran away already....

again the extension was awarded in April.... why only now announce?

20% private placement has been approved, new 20% new share listing soon..

if the CEO does not know how to manage a company, just sell it and become an non-executive....

come on, PN17 is not far.......do something else 0.01 cent also possible

almost all counter up today except his barakah....haha

2017 net profit is 126 million, so if they need to pay RM50 million to issuer in year 2018, expecting profit would drop around 30% ++

this Saga has been drag since last year from 50 cent until 13.5 cent, if the CEO drag further, he would need to sell cheaper, he should make decision deliberately and timely, drag longer bring no befit to him and the company, most importantly the stakeholder like us.

i am curious how this counter would play out with the strong and consistent promoted by @calvintaneng...monitor closely.

From the news....The current Barakah contract value stands at RM225 million, of which 70 percent are works in the Sarawak waters.

if you exclude the 166 million from the extension contract announced recently, only left 60 million , so little, if CEO still refuse to compromise.....die lo

what is the good news?

haha, good try..let wait and see, everyone is waiting the white knight emerge...haha

@victory015 you are genius, how about tomorrow? haha

trapped is ok, if play contra with this penny stock, you need to cut all you limbs....lol

not familiar with Samling since it is Sdn......maybe your are right @vistory015....how you know?

Samling acquired as many as 82.55 million shares or 10% equity interest in July last year, and increased its shareholding to 13.57% or 112.05 million shares in early November last year. From early June to end-November last year, Barakah’s share price averaged 51.2 sen.

Samling invested 57million into Barakah, i reckon that Samling would be the white knight, i speculate that they has made the offer but pending Daud to accept..crossed finger.

totally agree, hope the GCEO make a deliberately decision for the sake of company bring in a strategy partner with a compromise deal, i believe the GCEO also don't want to fell in PN17, it will cost him more....

matched 0.14 :)...

try to catch 0.135 so far no luck...though to buy at 0.14 this morning, but some idiot just bought all in second...

me me, continue enter at range 0.14-0.15 while waiting for the white knight....

@victory015, it down to 0.14, would you re-enter with this price? if not you would buy at what price?

@victory015. haha...seem like you have sell today...just wonder how much you earn today?

@victory015, so are you going to short tomorrow, i don't think this stock is allow to short anyway..haha

20% PP coming....

going down, no deal yet......haha

@boldrun88, yeah, FIC ceased as substantial shareholder on 8-Jun which a month ago, how much they still holding as a today, i believe less than 5 million.....

a strong buy recently already indicate that the deal is closing ....NTA is above 20cent which is 45% higher than current price.

SERBADK is one of the potential buyer/partner for Barakah....as mentioned by the GCEO, he planning to sell portion of his share and looking strategy partner to bit for more project and as well as join own the idle boat.....don't forget extension of the principle repayment is due in 2019, so Barakah need a deal by this quarter before the company financial get worsen.

http://klse.i3investor.com/blogs/kentrade888/161544.jsp

need more oil.....

white knight going to emerge soon???

announcement of extension contract which take place in last year show tat the management want to push up the price...they need new funding urgently else p17 soon.

no white knight.....

go buy The Busy Weekly, they got feature this stock, but is bad news.....after read the article, trader may not able to sleep well....monday definitely will down....the question is how much...

still no good news been announced....

most active stock, crazy buy yesterday, maybe got good news in The Edge tomorrow....

hope you are right, not a trap...pray hard hard...

what is the story behind this hike

i guess today rally end already....now wait until the trade war take effect, tomorrow going to be a interesting day.

all oil counters gone up ........

omg, berjaya group is making loss still want to donate 5 million to gov....so next Q lose again?

good news on the contract, but just the timing of announcement is questionable, the contract is extended on last year but announced today which expire soon.....anyway enjoy tomorrow rally.

tomorrow would be the last rally if the trade war on Friday could not be avoided.

is this the new contract mentioned by @mohamsu

no doubt Barkah are teaming up with few parties bidding projects, just hope all the best.

need 2 year to turn black......better put the money into FD first since it confirm that making loss for the new few quarter.

tonight would be the last chance for US to avert the tariff on China, cause China will impose the tariff tomorrow midnight due to China time zone is 12 hours aheand of US...

not sure mohamsu lie or not, but base on his record where he lie about the TH exit P17 soon on January 2018, but in fact the TH target to out from P17 on 2019.

better discount his comment and judge by yourself before bet on it.

Stock: [THHEAVY]: TH HEAVY ENGINEERING BERHAD
Jan 25, 2018 06:55 AM | Report Abuse
mohamsu: Good news...soon will out from P17

Fact -->TH Heavy Engineering Bhd said it will undergo a kitchen-sinking exercise so it can start with a clean slate and exit the Practice Note 17 (PN17) status by the first quarter of next year 2019