Posted by Osman65 > 2021-04-27 05:24 | Report Abuse

The Board of Directors of Barakah wishes to inform that its wholly owned subsidiary PBJV Group Sdn. Bhd. (“PBJV”) has made an application to the Court pursuant to Section 366(3) and (4) of the Companies Act 2016 for an approval of PBJV’s Proposed Debt Settlement as detailed in the Explanatory Statement dated 19 February 2021 and the Court had on 26 April 2021 granted order thereof (“the Approval Order”).

Posted by Mike2626 > 2021-04-27 11:10 | Report Abuse

Means what? Share price still no up

Posted by kabukiman > 2021-04-28 08:23 | Report Abuse

mean nothing. not until barakah go see hrrypttr to place out the 167 million shares


*lol

Posted by Looiks > 2021-04-28 15:07 | Report Abuse

hehehe....

Posted by humble1102 > 2021-04-29 21:36 | Report Abuse

The Board of Directors of Barakah wishes to inform that its wholly owned subsidiary PBJV Group Sdn. Bhd. (“PBJV”) has made an application to the Court pursuant to Section 366(3) and (4) of the Companies Act 2016 for an approval of PBJV’s Proposed Debt Settlement as detailed in the Explanatory Statement dated 19 February 2021 and the Court had on 26 April 2021 granted order thereof (“the Approval Order”).

 

An office copy of the Approval Order shall be lodged with the Registrar of the Companies Commission of Malaysia within 7 days of issuance of the sealed order whereupon the Proposed Debt Settlement shall be binding on PBJV and its scheme creditors.

Posted by HrryPttr > 2021-05-03 02:43 | Report Abuse

Will meet them on Thursday

Posted by kabukiman > 2021-05-03 08:35 | Report Abuse

@mike2626: ha you see... now we know friday up

*LOL

Posted by humble1102 > 2021-05-03 22:18 | Report Abuse

The Board wishes to inform that as the Proposed Debt Settlement has been approved by PBJV’s creditors and also the court (“Approved Scheme”), the default in payment of the loan facility to Export-Import Bank of Malaysia Berhad (“EXIM Bank”) has therefore been addressed under the Approved Scheme. The Company is in the midst of finalizing the legal documentation and making payments in accordance with the Approved Scheme to relevant creditors, including EXIM Bank.

Posted by SharpSpear > 2021-05-05 10:36 | Report Abuse

Seems like Barakah resistance at 11 cents is so hard to break.

Posted by kabukiman > 2021-05-05 14:43 | Report Abuse

@sharpspear: Wait la esok hrrypttr meeting barakah... then friday will felai2

*lol

Posted by SifuTangmonk > 2021-05-06 09:00 | Report Abuse

May 5): With the world in the midst of a commodities boom, some in the oil market are gearing up for US$100-a-barrel crude.

Traders now hold options to buy the equivalent of almost 20 million barrels of US$100 oil over three key months, their open interest nearly doubling in the past week.

While a rally back to triple digits is far from the consensus view, and the derivatives remain a hedge against a spike in prices, they’re also a reminder that few expect the rally in crude to peter out anytime soon.

“Some have likened them to ‘lottery tickets’,” brokerage Eagle Commodities said in a note to clients. “Cheap, unlikely to be in the money, but worth having should a bullish wave take over in the coming months.”

On Monday, Brent December US$100 calls traded 4,600 times, more than any other option on the global benchmark.

Still, each contract cost 30 cents a barrel, making the total cost of the trade about US$1.4 million. The calls would profit a buyer if prices rallied toward or hit the specified level.

There was additional trading of US$100 calls on Wednesday, this time as part of a strategy that involves buying US$90 calls and selling US$100 calls. Those contracts had changed hands 6,300 times as of 7:15am in New York.

The global benchmark — which last touched US$100 in September 2014 — is up more than 30% so far this year, and is trading near US$70 a barrel as the global economy gradually recovers from the pandemic.

Much of Wall Street is betting that crude will continue to strengthen over the summer, as travel picks up with the roll-out of vaccination programs.

Among those with bullish calls are Goldman Sachs Group Inc, which sees oil reaching US$80 in the third quarter and Citigroup Inc, which says demand may hit a record in the summer.

While most of the US$100 calls are for December this year, June 2022 and December next year, there are plenty of other bullish oil options bets out there. The most-held Brent contracts over the next 12 months combined are US$75 and US$80 calls, according to data compiled by Bloomberg.

Posted by SharpSpear > 2021-05-11 15:45 | Report Abuse

hrrpttr, did u managed to meet barakah? dropping

Posted by HrryPttr > 2021-05-19 01:38 | Report Abuse

Not yet, I suspect they close shop ady

Posted by harimaubungaraya > 2021-05-21 12:18 | Report Abuse

Barakah will fly... patience...

Posted by MyInvest > 2021-05-25 15:57 | Report Abuse

PN17. Looks bad news for this Barakah.. :(

Posted by zamsaham > 2021-05-27 12:36 | Report Abuse

target entry at 2 to 3 cents.

Posted by HrryPttr > 2021-05-29 22:58 | Report Abuse

Barakah never dies

Posted by MyInvest > 2021-06-04 10:49 | Report Abuse

Good to enter 5 or 6 cents.

Posted by SifuTangmonk > 2021-06-14 16:33 | Report Abuse

July got show

Posted by lucky8 > 2021-06-21 18:01 | Report Abuse

looks like 0.06 is coming

Posted by ipohwhitecoffee > 2021-07-02 09:16 | Report Abuse

moving? story?

Posted by Joyvestt > 2021-07-02 10:01 | Report Abuse

RM1.02 billion

Posted by ubaid2020 > 2021-07-02 10:55 | Report Abuse

Any good news??? Please sharing..

Posted by WhatUtitsJustNow > 2021-07-02 14:25 | Report Abuse

Finally !

Posted by ipohwhitecoffee > 2021-07-02 18:14 | Report Abuse

+23% today. Next week sure huat.

Posted by mylinuxbsd > 2021-07-05 14:56 | Report Abuse

Going to 0.1 soon and might be 0.15 by end of this month

Posted by mylinuxbsd > 2021-07-06 10:38 | Report Abuse

OCBC Treasury Research sees Brent crude oil reaching US$80 .per barrel, possibly before the end of July, if the
planned output in August remains the same as July. “If the output increases as planned, we expect
the target of US$80 per barrel to be met possibly
only towards the end of 2021,” its economist .

Howie Lee said in a report toda

Posted by lucky8 > 2021-07-14 19:25 | Report Abuse

last surge did not catch it, wait again at 0.6

Posted by awesome20 > 2021-07-14 19:26 | Report Abuse

u wait at barakah while we are waiting at scomies

Posted by mosalahmobetul > 2021-08-27 21:19 | Report Abuse

sunyi betul sini., ok let me start first, next week onward price will be lying around 8cts!!

Posted by ubaid2020 > 2021-08-28 11:09 | Report Abuse

Buy n keep....zzzzz.....next week maybe wake up..

Posted by Osman65 > 2021-08-31 18:41 | Report Abuse

Exim bank settle case....any hope...

Posted by ubaid2020 > 2021-09-10 13:55 | Report Abuse

Barakah waiting to fly...so long zzzzz....

Posted by AlexChiaWS > 2021-09-16 02:06 | Report Abuse

Oil already filling up at USD76, default payment had cleared, project payment on the collection path.
So, we are coming to Golok lor.

Posted by Forcepre7238 > 2021-09-29 18:50 | Report Abuse

Tomorrow goreng

Posted by taloha > 2021-09-29 21:56 | Report Abuse

slow and steady yea hehhehe

Posted by ubaid2020 > 2021-09-29 22:29 | Report Abuse

QR good result...any opinions...

Posted by Raiz368 > 2021-09-29 23:29 | Report Abuse

PBT more then double from revenue...where come from ?

Posted by taloha > 2021-09-30 01:35 | Report Abuse

@Raiz368, is come from waiver of debt, debt settlement.

Posted by fairyz > 2021-09-30 02:47 | Report Abuse

Going down or not? EOT until 17th Nov.....


There were no significant unusual items affecting assets, liabilities, equity, net income or cash
flows for the Group during the current quarter and financial year-to-date other than the waiver of
debt under the approved debt settlement, reversal of provision made under Pengerang Gas
Pipeline Project, and gain on the valuation of KL101 Barge


c) On 3 June 2021, Bursa Malaysia Securities Berhad (“Bursa Securities”) has granted the Company an extension of time of six (6) months up to 17 November 2021 to submit a regularisation plan to the regulatory authorities (“Extension of Time”).
The Extension of Time is without prejudice to Bursa Securities’ right to proceed to suspend the
trading of the listed securities of Barakah and to de-list the Company

Posted by suprnoob > 2021-09-30 10:23 | Report Abuse

accumulated losses less 72m but still over 250m...go go go!

Posted by ubaid2020 > 2021-09-30 12:14 | Report Abuse

Clear PN 17 fly

Posted by Kotaro > 2021-09-30 13:17 | Report Abuse

c) On 3 June 2021, Bursa Malaysia Securities Berhad (“Bursa Securities”) has granted the Company an extension of time of six (6) months up to 17 November 2021 to submit a regularisation plan to the regulatory authorities (“Extension of Time”).

The Extension of Time is without prejudice to Bursa Securities’ right to proceed to suspend the trading of the listed securities of Barakah and to de-list the Company in the event:

(i) the Company fails to submit a regularisation plan to the regulatory authorities on or before 17 November 2021;

(ii) the Company fails to obtain the approval from any of the regulatory authorities necessary for the implementation of its regularisation plan; or

(iii) the Company fails to implement its regularisation plan within the time frame or extended time frame stipulated by any of the regulatory authorities.

Upon occurrence of any of the events set out in (i) to (iii) above, Bursa Securities shall suspend the trading of the listed securities of Barakah on the 6th market day after the date of notification of suspension by Bursa Securities and de-list the Company, subject to the Company’s right to appeal against the delisting

@fairyz next time please share in full.. it's not that easy to de-list a company

Posted by Forcepre7238 > 2021-09-30 13:54 | Report Abuse

Nice goreng.. see after lunch.. TP10cent

Posted by suprnoob > 2021-09-30 14:27 | Report Abuse

waiver of debt settlement painted nice picture on qr profit....heeeeeee......

Posted by Raiz368 > 2021-09-30 14:32 | Report Abuse

Consider company get moratorium up to 6 mths...so the debt still accumulate

Posted by ubaid2020 > 2021-10-01 15:51 | Report Abuse

Good buying...afternoon session

Posted by Kotaro > 2021-10-01 16:52 | Report Abuse

https://www.upstreamonline.com/finance/malaysian-contractor-takes-action-against-operator/2-1-1066267

Posted by Pang75 > 2021-10-15 09:50 | Report Abuse

Something is coming

Posted by Skng Keong > 2021-10-15 10:05 | Report Abuse

Maket r bad is got profit run.....