Eye on stock – Barakah Offshore


Dateline 2013-12-14, The Star:

AN oil and gas stock which has got the market all excited since its debut on Nov 6 would be Barakah Offshore Petroleum Bhd. Not only has its stock price done well (it’s up 2.4 times to RM1.56 from its offer price of 65 sen), but it has also won a Petroliam Nasional Bhd (Petronas) contract less than two months after its listing.

While trading in Barakah remains suspended as at press time, the stock will likely see further action when trading reopens.

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This entry was posted on Tuesday, February 11th, 2014 at 6:00 am and is filed under investment, Malaysia, oil and gas. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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