Yeah chin Poh - can ur Q4'13 EPS beat 7.00c and if so wht is it. PE is 8x for this industry. Can u share it with us

This scenario is called 'frontloading' future earnings into current prices, leaving future investors with nothing much. PE > 40x wow!!!

rich, u r right. THE PE should be 20x and not this high. Same thing happened to hibiscus with PE of 420x before downfall!!!!

whr is fortunebull????

I am looking at the best possible scenario of 7.21c for Q4'13. But I don't think they will beat Q4'12 EPS of 7.28c. So take care at this level. Mr market might look at it differently with everyone tryin to push it up and cash out before Q4'13 announcement tommorow

Poh huat price will be based on est 13c EPS - CY 2013 (31/10/'13) = 13c X PE 8x = Rm 1.04. is there already. The best possible scenario financially.

Pohuat - Technical and Fundamental Analysis

Author: Ooi Teik Bee | Publish date: Wed, 18 Dec 23:41

Dear valued members,

Enclosed is the technical chart of Pohuat.

Below is the Fundamental analysis of Pohuat.

Method 1
EPS 0.13
g, % 10.00
Y 7.00
IV= (EPS*(8.5+1.5g)*4.4)/Y 1.93
Current price 0.86
Margin of Safety 55.45%
Potential gain 124.49%

Method 2
Discounted Cash Flows Calculator
Discount rate 12.00%
EPS 0.13
Earning expected to grow (annually) 5.00
for the next (? Years) 3.0
before leveling off to an annual growth 3.00
Calculate Stock Value per share 1.79
Current price 0.86
Margin of Safety 51.96%
Potential gain 108.14%

Method 3
ROE 9.54%
Rr, % 8.00%
NTA 1.37
IV= ROE/ Rr*NTA 1.63 Target price
Current Price 0.86
Margin of Safety 47.36%
Potential gain 89.97%

Method 4
(22.5*EPS*Book value per share)^0.5
EPS 0.13
Total equity 147271
Number of shares 113387
(22.5*EPS*Total Equity/share)^0.5 1.95
Current price 0.86
Margin of Safety 56.00%
Potential gain 127.25%


Checklist Goal Actual Remarks
10 Years Average Turn Over - any growth ? > 10% 8% Excellent
10 Years Average Net Profit - any growth ? > 10% 64% Excellent
PE Ratio < = 15 7 Excellent
ROE > 10% 10% Ok
Price CAGR % (Buy and Hold 3 years) > 10% 24% Excellent
Dividend 3.0 sen 2.00 Ok
Free cash flow Positive Yes Ok
Operating activities - any growth ? >10% 77% Excellent

Thank you.

Ooi Teik Bee

OTB the counter holding well at 1.05. Any takes on this. tqvm

meena: this is BARAKAH forum. Why this post?

The management and shareholders of HIBISCUS will not let genuine INVESTORS down. Will definitely benefit by holding. Look at the best scenario for the next well. I do not own this share, but I wish the best for the INVESTORS. Hold tight and u guys will have the last laugh. God Bless

Stay invested with Barakah. More news to come. Among the performing stocks come 2014.

where is calvintan

Watch this counter on closing today. Should be interesting like yesterday. Rush, rush to buy. 26 Dec onwards it will be different price for sure.

if give Rm 3.00, can consider selling. I mean 'can consider' only. remember the 'fund managers' belum masuk lagi in full force.

'long into the future'. it should read 'look into the future'

All keepin to grow with the co, that's why not much seller. don't sell this share. long into the future first. tewnama, yes 50,000 shares. sorry to address u like this. Hope u don't mind, wht can I do. ha ha

bhgt at 2.15 yesterday 50 lots, and I am keeping for sure. Not happy with RHB TP, should be Rm 3.20

its restin b4 the next range. Need to recharge to mve thru the '40s to Rm 2.50 today sellers not much, all keepin for future

Rm 2..50 closing today

slts posting: 'if the sentiment is bad, falling below 1.00 also no problem
the Co can sue me because of my lower buy entry price ??
maybank tp is 1.85
it touches 1.6x & fall back, should i sue maybank also for giving false hope?
99% of ppl here can be sued based on wat u claim
talk sense a little lah '

Carefully read the Maybank Research Report ('Barakah TP Rm 1.85) dated 16 Dec 2013 and u will find the 'disclaimer cause' under Appendix 1. I mean the original version. Being a finance guy, u should know how established institutions based their analysis. See u hv not even read the research report well enough before posting.

22/12/2013 14:34

Barakah share price will do the talking. Just concentrate on its fundamental FA and stay invested. Should be alright for all Investors. Got to go. Happy holidays

slts; Since u r a finance man, I respect ur qualification, but not the way u present urself in this forum. Terribly unprofessional , like acting like an 'along'. Come to my humble 'KEDAI KOPI MAMAK ANAYSIS' corner and we talk finance there. I am a trained CFA myself, but we always must be humble, and not scare new investors in this forum. U don't even have a 'disclaimer clause' at the end of whatever u write. U could be sued by the company! My advise only lah

Put the financial and TA facts together and we will appreciate ur contribution. Anyway we r all here to make money with our hard earned money etc etc, and also to learn and share valuable info on the stock. also care for all the investors here - sama sama make money mah..

BARAKAH Management led by their unrivalled Nik Hamdan has spoken about the company's growth and imminent direction in the link posted by 'Junglestock' above. Excellent article by him in Star Biz. This is professionalism and sign of 'good management practise', assuring investors of what the co was and where it is heading in future. Go read it, Secondly investors here r knowledgeable enough. We r not day traders or contras. I pick stocks beginning of year for at least 3-6 mths investment period.The sifus who present themselves in this forum r our guide. They command, and not demand respect.

OTB: thks for ur advise in this forum. I will call NIKO tomorrow and arrange for the Shareexprt course.

slts: u r here again my friend. Telling everone to buy lower. Wht happen to ur hibiscus?. Didn't I always forewarn u the dangers of 'spac counters' like hibiscus , when the PE is a high 400x, and no oil found. At least u should consider BARAKAH with contracts in hand and more to come. Don't come to a forum and talk this and that. We have enough good sifus like kcchongz, OTB, mktwatch guiding us here. If u r not an investor here, why so sibuk? There r ethics set by the ADMINISTATOR of the forum, follow that closely. Till them STAY INVESTED.

meena. Thks for the article posted and OTB link.

OTB Thks

Ooi Teik Bee: How shal I get registered for ur SharesXPert training course? I am based in Bangsar and would like to know the venue, date, time and course fees. Tqvm

Thks sifu OTB

meena;s posting in PM Corp forum:-
Translate from the link http://bblifediary.blogspot.com/2013/12/barakah.html
21/12/2013 00:25

Oil and gas stocks recently emerging star BARAKAH (Baraka offshore, 7251, the board trade clothing group), the initial listing of its shares from RM0.65, had opened just a few pages of a month, the current price is RM1 .55.

BARAKAH the pre-existence is VASTALX (VASTALUX energy), listed on the second board in the year 2008, but not long before the listing, the company's performance began to deteriorate.

When in 2010, VASTALX even suffered a fatal blow, the contractor's license by the National Petroleum (Petronas) terminates, then the company will be a dedication of appetite, and thus was included in the PN17 company ranks.

Fortunately, the company later got a BARAKAH this white knight, and ultimately to 3 ratio of 65 shares for equity swap inverted acquisition BARAKAH, then after the listing is transferred to BARAKAH.

VASTALX Since then reborn, later renamed BARAKAH, the company also began to get good results.

In the six months ended September 30, 2012 fiscal year, BARAKAH get 200 million turnover of 98.9 million ringgit, as the terms of the net profit achieved 41.06 million ringgit.

Core business BARAKAH for commissioning works, offshore transport and installation, connection and commissioning, and construction of the onshore pipeline construction and commissioned works (EPCC), as well as ship management and chartering business.

At the time of listing, BARAKAH has many works contracts (information provided by users):
1) to PETROFAC, NEWFIELD & TALISMAN provide HUC project, worth 495 million ringgit;
2) provide for the KPOC T & L project, worth 74 million ringgit ;
3) provide for the country oil pipeline commissioning works, worth 73 million ringgit;
4) to provide procurement, construction and commissioning services for Petronas PRAI 2 lateral gas pipeline, worth 94 million ringgit;
5) provide for the KPOC pumping, drying and dry preservation services, worth 20 million ringgit;

these contracts totaling 700 million 56 million ringgit a year to earn enough to make BARAKAH 40 million ringgit net profit in the next two years, and replaced with a minimum net income of 8 cents per share.

Originally the company's share price should have reached the apex of the (j19 times PE ratio), but recently a new contract letting analysts to re-evaluate the company.

December 13 (Friday), the national oil worth 10 billion ringgit awarded the Pan Malaysian oil and gas program (Pan Malaysia) offshore transport and assembly (T & I) contract, a total of three companies benefited, BARAKAH is one of them.

It is reported that the total value of BARAKAH matching obtained about 1.5 billion ringgit, the contract for a period of three years. Coupled with the previous contract, the company is currently in the hands of the total contract has reached more than 2.2 billion ringgit.

This new contract in the future be able to make much contribution to the company?

According BARAKAH earnings for analysis, its net profit margin (net profit margin) is approximately 13.7%, 1.5 billion over three years to perform the contract, that is to contribute to the annual turnover of 500 million ringgit, if still maintaining 13.7% of net Vice-earned, that company will be netted from 68.5 million ringgit a year of this contract.

So just this new contract, the company's net annual contribution has been made ​​by 11 cents, plus 8 cents other contracts, BARAKAH future performance will likely reach 19 cents per share net income. Of course, when the real implementation of the contract, the contribution they bring may not necessarily so.

If we take 19 cents net income for future reference value to 20 times PE ratio to calculate the oil and gas sector, the future of its share price to rise to RM3.80 not impossible.

not sure bro. if it is positive vibes in the US, it is good for the world

Meena; thks for the lengthy update

DOW is up by 60pts>

TIME FOR 'KEDAI KOPI MAMAK ANALYSIS' FOR ALL INVESTORS OF BARAKAH

(i) Barakah Package A, could single-handedly contribute about Rm 60m-75m p.a. in net profit (assuming 12-15% net margin - 300km pipelay; 100km/yr @Rm 5m/km). Existing works (i.e. HUC and commissioning contracts) would generate Rm 30m-50m p.a..With a market cap of 624m shares..one is looking at EPS of Rm 125m/624m shares (15%) = 20c/share. PE 14. **TP 2.80.

(ii) Barakah is further bidding for a T&I job, relatively similar to this PETRONAS’ T&I Package A, in Saudi Arabia but which offers a longer fixed duration (5 years) and improved day rates. The tender is now down to three prospective bidders and the award is expected be announced in Feb 2014. Should Barakah bags the job, it will likely deploy an external pipelay barge in the interim period..Revised TP target again.

(iii) Notwithstanding the offshore pipelay works, management has also alluded to its intention to bid for onshore pipeline works in Malaysia (i.e. RAPID). With an improving balance sheet outlook, Barakah could also save about MYR2m p.a. in interest costs should it re-finance its borrowings on lower interest rates (current: 8.1%).

Happy weekend Investors. Stay safe and cheerful. Neither the stock or the Management will let u down

20/12/2013 23:12



psd57

mike; (i) Barakah Package A, could single-handedly contribute about Rm 60m-75m p.a. in net profit (assuming 12-15% net margin - 300km pipelay; 100km/yr @Rm 5m/km). Existing works (i.e. HUC and commissioning contracts) would generate Rm 30m-50m p.a..With a market cap of 624m..one is looking at EPS of Rm 125m/624m (15%) = 20c. PE 14. TP 2.80.

(ii) Barakah is further bidding for a T&I job, relatively similar to this PETRONAS’ T&I Package A, in Saudi Arabia but which offers a longer fixed duration (5 years) and improved day rates. The tender is now down to three prospective bidders and the award is expected be announced in Feb 2014. Should Barakah bags the job, it will likely deploy an external pipelay barge in the interim period..Revised TP target again.

(iii) Notwithstanding the offshore pipelay works, management has also alluded to its intention to bid for onshore pipeline works in Malaysia (i.e. RAPID). With an improving balance sheet outlook, Barakah could also save about MYR2m p.a. in interest costs should it re-finance its borrowings on lower interest rates (current: 8.1%).

Dow up by another 57pts

mike; the Saudi project, they r shortlisted and optimistic of getting. All the forrumers of the counter waiting, Today generaly the O&G counters took a beating, fund managers cashing in on the good run, time to declare their dividends to shareholders.

mike, I am still holding 100lots barakah @ Rm1.30; takaful; bght latitude& homeritz; and some UMWOG. Cash tight, but contended as these are uptrending stocks with strong financials. Only mkt retracing now due to holiday season. I hope our fellow bros in the forum take ur and OTB's advise and look at some other stocks. Heard u r living for vacation on 23rd. God Bless, Hv a blessed Christmas and a Happy and prosperous New Year. Wish the same for all our forumers here as well.

why r u guys flogging a dead horse!! Its not going to get up and gallop away to the finish line. Make up for the loss in other counters and write-off this loss off from ur books. Star off Year 2014 on a clean state and be cheerful

Whos comin here for VISIT MALAYSIA 2014!! Want to get mugged. The streets r not safe according to most countries.

Before one take cheap shots at Barakah, kindly try to know the management team and the people behind BARAKAH. It will trend higher for sure. Currently market is retracing on the whole due to the holiday season. Happy investing.

go get a life. Invest in UMWOG & SKPETRO. No one gets drilled there!

caven 101; I agree with u totally. don't come to this counter and be shit stirrer. Where is sklyte? He used to run down this counter, but now bleeding at hibiscus. Give constructive criticism which is welcome by all us investors.. Barakah will move up after all these contras r cleared, hopefully from next week onwards. When it moves, we will be surprised.

PE 390x and no oil found yet. Another DOTCOM story!

philipchua either pcked up or transferred to margin

Barakah should trend well from now

the stock price can only gain the right traction with 'investors' buying and selling to take their targeted profit. This will only happen by next week.

tsurukame thks bro for sharing

tsurukame post: 'Super high PE means SUPRA INFLATED PRICES,VERY LOW CONFIDENCE, SUPER SPECULATION',
16/12/2013 20:06

Agree with u on ur rationale analysis ..... hibiscus

Don't speculate on hibiscus price and push it to a stratospheric level for poor future newbies to hold!. Price should move when the news of oil findings takes place, and when earnings are captured in the B sheet.and reflected in the EARNINGS PER SHARE (EPS) Then the PE will find its own bearing. Like wht I said earlier, I would not want to touch any stock that I cannot comprehend. .BARAKAH has the contracts and I can feel and touch it and analyze the price anytime. That's the different.

I hope the US tapering process will be delayed till next year quarter. They cant do it right away for fear of deflating prices further, They r only focusing on labour and economic growth which has picked up, but prices are lagging. Any adverse tapering will tailspin the economic back into a deflationary mode.They can ill afford this. As for EUROPE, they have rebounded back on economy growth very strongly this year led by Germany.