@taloha... To be honest, I think many of us are forced to be loyal to Barakah... Ha ha

@taloha...gone for a long holiday? Good that you are back again... Cheers

Pretty quiet market. I would suggest that we should all continue buying till our average price falls to 2.5 sen.... What say you guys & gals?

Talking about price averaging, I think the hero is the Chosen One who managed to buy 202 lots at 2.5 sen.... Don't worry, I'm not the Chosen One... Ha ha

@Angus Kuan... It's a historical factor. Within ourselves, we have friends who predicted the price of Barakah will plunge to 1 sen, then half a sen and then to the wilderness. So, staying at this current level, we find it comforting. Stay longer then you will understand us better. Cheers

@Mabel... A delayed telecast, I would say. Its consolidation is extended , of course but... no need for the blue pills lah. Serba pills would be good... Ha ha

@Happy3933... Maybe 2nd-hand Rolls Royce, boleh lah. Ha ha...

@Happy3933... I must also add, now with the new sports rim & tyres, the car will grow much faster... to become a Rolls Royce. Cheers

Oil plunges as Saudi set to resume 70% lost production...Soon. I find this report most amusing. Perhaps, damage control at play...

@Happy3933... Ha ha.. Good one. Cheers to you too

What a day... anti-climax indeed.

@blacksmith... It can be a long story. Its purpose differ from one to another. No two situations can be the same.

Kenanga is selling. They dampen the buying, in this instance. Armada as usual, the net winner

Ha ha... Kenanga is really a dinosaur!!!

@Happy3933... Let's have the IB for breakfast ..Ha ha

@Mabel... I somehow had this funny feeling that the IB will spoil our fun. The IB works like a robot... the dinosaur era version

My take is that the damage is very extensive. It will take 5-6 months for the operations to be running fully. The crude oil price is going to be volatile... right through winter. @Mabel ...Barakah is no longer a Buy & Forget counter. Please upgrade it... Ha ha

As for me, my expectation is that Barakah is due for a correction... an upwards rebound. I am expecting many smiling faces tomorrow. Also, many, many more relieved faces... Cheers to you all.

@Happy3933... Those days, many, many moons ago, it is the dreams of Mini that when they grow up, they want to be a Rolls Royce... Ha ha

@Happy3933.... A Mini will then grow up to be a Rolls Royce. Cheers

@Mabel.... Your matching Barakah with Serba is most interesting. Its kinda a perfect match. Well done Mabel ... I feel most encouraged by it. Thanks

@Mabel... Yes, Serba is a far superior suitor. They too, will come in as a strategic partner. That's the missing link Barakah should be looking for...

@Mabel... I have my reservation on the the capability of Lecca to turn Barakah around. For one, Lecca is a One-man run company. I don't feel good about it.

@Mabel... Imagine a situation where the entire crude oil production of KSA is crippled.... I find such scenario a reality now... & its frightening to think about its far-reaching implications.

@Mabel... The Saudis have to beg for mercy, on behalf of the world for the crimes it inflicted on the Houthis... The entire kingdom is now a potential targets of the cheap Drones. We could be staring at a recession next year... the world over.

@Mabel... I think its already kept in the archives. Let's see what the market holds for Barakah next week, now that the supply of world's crude oil is at the mercy of cheap, unsophisticated Drones...revisiting US$100 per barrel again?

@Mabel... the Notice mentioned goes way back to early 2018. I suspect its the first notice issued... Anyway, many thanks Mabel.

@Happy3933... Yes, hopefully soon. Barakah will buy me the tickets... Ha ha

Barakah issued another Demand Notice against Petronas. Included is a declaration that notice of discontinuance dated March 30 2018 be declared null and void by the court. Couldn't trace this letter. Could this be the first notice on the suspension? Anyone? Thanks

@Mabel... I was right @Happy3933 was away for holiday where Internet connection is not available... Ha ha. Welcome back Happy3933. Good to have you around

@Mabel... My take is 8 sen... 1st barrier. Cheers

You need to be the Chosen One to buy at 3 sen... Ha ha. You will notice that not many are prepared to sell at 3 sen anymore. Anyway, the best of luck to you in your buying.

@Mabel.... On Perisai, I will find great personal satisfaction if it is re-listed on January 2, 2020. I always try to be better than the market... Ha ha

Another plus point I have for Perisai & Barakah if compared to Sumatec, is their key shareholders. I find this factor important. Nik did not cash-out of Barakah as compared to Sumatec's key shareholder. Nik just got hit by the banking system. They stay true to their companies.

@Mabel... Perisai, if compared to Barakah is a more distressed PN17 company. It has until year end to regularise its financials or it faces a de-listing. I am confident Perisai, just like Barakah will pull through. Without it's listing status, they will not be able to survive in the O&G industry. Its a highly geared business.

@Mabel... Ha ha.. Perisai is currently suspended.

@Mabel... Though I have yet to buy the distressed counters you mentioned, I have however Perisai with me. I bought it during the fire-sale. I bought Perisai with the same belief as Barakah.... Cheers Mabel

@Ron90...I always find reviving a distress PLC, very exciting. It is filled with exciting news. I, for one believe that the suspension by Petronas will be lifted soon. Strong possibility the crux of their disputes are due to the unauthorised variation works on the ground. Barakah will Never be unlisted...

I have a feeling that Barakah will revisit 2.5 sen... I also find it strange that Nik is helpless in defending a company that he has personally built. The big bikes he owns are worth more than his current shareholdings....

On Sapura... I will be very careful even to consider buying it again. If you were to read about Sapura, prior to its rights I was bullish on its prospect. Its a turnaround company especially with PNB & OMV coming on-board. However, it is the other factors that determine its market price. To me, the market price is still floating.... albeit on a narrow range

@Mabel... Ha ha. Your post is more inspirational than the song... Good to begin the morning with.

Perhaps many are away on holidays... they should be back with vengeance soon

@DawsonL... It's actually Investment Bank or Kenanga, in particular

Aiyooo... IB still at it

@Mabel... It's actually Win big or lose Small. Ha ha. Cheers

No answer to your question. However, I am expecting a rebound very soon. Do not contra.

@Mabel... Another good analogy. Hilarious though. The presence of market syndicates keeps the market alive. To me, they are real professionals. Very difficult to read their play.

@Mabel... I enjoy that chicken rice analogy. Fully agreeable. I am expecting Barakah to rebound next week... 2.5 sen is history. Future margin calls will no longer be damaging as what we have seen the last 2 months. Cheers

@zakryfaa...I tried buying at 2.5 sen the last 5 days. No luck... maybe you have better luck. The best to you...

@obamar. That's not what I meant. You know what I'm saying. Cheers & Happy Merdeka Day to you