The dispute between Barakah and Petronas exec & former exec had been withdrawn from court. (todays announcement). Possibly it had settled outside. Hopefully Barakah gain some benefits during the settlement negotiation.
(ii) To undertake a proposed shares consolidation of existing 10 Barakah Shares into 1 consolidated Barakah Share (“Consolidated Share”) (“Proposed Share Consolidation”);
(iii) Pursuant to the Proposed Share Consolidation, the Proposed Shares Issuance shall entail the subscription by Mr Zainal or his nominee for 5,000,000 Subscription Shares at RM0.20 each;
If the above is the case, the current share now is only worth 2 sen?
20 sen mother share, 4 rights issue at 10 sen each. Ex price: 12 sen. Warrant 2 lots free conversion price 20 sen. So warrant is 1 sen or nothing. Can someone enlighten what this Barakah is trying to do?
Normally, the PN17 up-lift is an announcement to expect positive movements, but for this Co, the status uplift is disaster, confirmed lose more than 100% of the money on consolidation. The appeasement and consolation is the so call rights shares and warrants .subscription. Better off either to just leave this Co to its whims and fancies or re-look once the new issuance is listed.
Make your life easier by using our smart map. You don't need to remember complicated routes or complicated directions anymore https://mapquest-drivingdirections.io
From a ROE perspective, except for 2023, Barakah ROE was lower than those for my 2 reference Bursa energy services companies – Dayang and Deleum. The only except was for 2023 where Barakah posted a 40% ROE. This seemed like a turnaround after the negative ROE of 177 % in 2022. https://i.postimg.cc/FzgHw3Jz/Barakah.png
But when I dug deeper, this positive 40% was because it had an after-tax loss of RM 4 million divided by a negative equity. It was a positive 40% due to arithmetic. Moral of story – when numbers look funny, you better dig deeper
Retro Bowl blends American football excitement with vintage charm. Its pixelated visuals and addictive gameplay offer a nostalgic arcade experience. Manage rosters, make strategic decisions, and enjoy matches with simple controls. https://retrobowl-game.io
Replica watches have gained increasing importance in recent times As we all recognize, watches play a vital role as timekeepers in our daily routines, guiding us through various activities. Beyond their utilitarian function, a watch serves as a symbol of an individual’s success, personal style, and attitude. Owning a high-quality luxury watch signifies not just a sense of style but also taste and confidence in one’s achievements.
In the contemporary market, many enthusiasts seek imitation watches that offer affordability, remarkable resemblance to the originals, and meticulous craftsmanship. In essence, they aspire to have it all. Is there a watch that can meet these criteria for discerning watch enthusiasts? Indeed, there is. For example, we proudly present a collection of superb Rolex replica watches.
At Kodehash, we're more than just a mobile app development company - we're your partners in growth. We blend innovation with creativity to create digital solutions that perfectly match your business needs. https://kodehash.com/solutions/application-development
The QR announced was good. Hopefully SC will convinced to extend regularisation plan submission date further. While Kota Laksamana 101 is schedule to be auction in mid June (this month) , if there is a buyer it mean that Barakah can exit PN17.
Thanks for sharing this excellent information. It’s a very interesting topic, and I found it extremely helpful. Your article is well-written and informative, and I believe it will be beneficial for other readers as well. Visit: https://www.webasha.com/courses/google-cloud-training-delhi
nampak mcm wayang pushing up for big fish to run. last chance to run before things go really really bad, sold all! dpt balik sikit better than kosong 0 nanti....
There is no court case, only arbitration. And once this fails to reach an agreement, Enquest can drag it through the courts for years. Barakah will be long wound up by creditors before trial or appeal is set. Company may not survive for long enough to benefit from it.
offers a highly interactive experience, where players are constantly making decisions and solving problems as they arise. This active participation makes the game more alive and engaging while creating a strong sense of immersion.
15 million buy orders at 0.40 by 53 people, means the average order is 300k. But the day volume is only 100k shares. So, not even one buyer of 53 who want barakah executed his bid. Obviously it is all FAKE buyers that do not want the shares. One strong hand supports the price and blocks others from transacting. I think dumping will occur in the near future when demand established and retailers join in the line up. Brace yourself when orders from retail come in => they will be getting the BIG DUMP.
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
EvoDeer
331 posts
Posted by EvoDeer > 2023-04-20 11:19 | Report Abuse
Apa cerita........