im still confident with barakah, my tp remain .12cts. I noticed huge volume being collected, u throw they collect, u throw they collect, been months. I can smell what the rock is cooking
Of course I am kidding. LOL! Trade at your own risk! Kikiki!
But @john, technically speaking, $17.5M PAT over 836 NOSH, thats EPS 8sen annually. With oil price going up now, and merely PE10, it is already $0.84 TP .... would you agree?
PRPC is one of the Petronas unit. Barakah had a court case of $85M against them but they did a counter claim of $46M. If they both prove their case in the court, the remaining amount left is ~$39M and the judge may ask them to settle between them outside the court.
@sirdukes in such case like barakah, fresh fund is needed in order to exit pn17. They need to settle creditors debts first, at least a minimum payment for further repayment arrangement? so called regularise plan. Good qr is insufficient UNLESS they boom like gloves counter where the whole world throw money at your face during this pandemic. How barakah can have fresh fund, could be right issues?(get more fund from investor like us)private placement? (interested company pump money), or acquisition. Right issues is unlikely as the current share price is too low. More new contracts is needed to keep them alive too. Good sentiment and qr will only makes them flow up n down. haha.
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....
taloha
206 posts
Posted by taloha > 2020-07-29 18:39 | Report Abuse
im still confident with barakah, my tp remain .12cts. I noticed huge volume being collected, u throw they collect, u throw they collect, been months. I can smell what the rock is cooking