I think better check background stuff to see how much more RE is attributable to this company earnings, as well as how big are its Solar Farms, if any. Because if it has substantial, it should be reflected in its annual earnings. And how come losses are still experienced despite the years it had been in operations

Oil price is at pre-Trump's tweet. Stock price is at bargain now at 1.13 - recall how it hit 1.25 in manner of days? Goldman Sachs wrote an interesting piece on oil price. Looks like It's reaching for 75USD in a few months - which will not only do Opec countries well, it will also boost American shale producers. Think about it. And that's 10% away.

two reasons why this is temporary. That this counter is not entirely dependent on oil sale - more services. High or low, their services are needed. Second reason is Trump is doing a smokescreen over Venezuela and the world bought it. This article is interesting
https://www.ccn.com/trump-pumps-fake-oil-price-crisis-strangles-venezuelan-exports

nevermind, no need to argue. Bought heaps at 21.5, so let;s see if it's all a waste of time. or huge profits

Good showing today. Small volume of early birds catching the big worm. Must be big news coming.

haha... wow - this counter is really in the dumps.

And here perhaps:
https://www.nst.com.my/business/2019/01/455743/sasbadi-expects-book-better-results

Sorry, i mixed that up. here:

https://pustakasaujana.com.my/collections/past-year-paper-stpm-ekonomi/sasbadi

Bought right up to 1.19. remember the last high?

One question - why is the dividend less this time if it is making money? At least it should be maintaining. And the company they are seeking to have interest in - is it a strategic move? If so, how come market confidence is lacking? Just asking.

Unless it is planning for a bonus share this time - a rumour heard around august last year but yet confirmed

@ With a name like SASBADI, would you even consider buying these educational products for your children?

Are you sure? have you seen the books they produce? Check popular bookstore and ask for the PMR, SPM past year questions and reference workbooks. Also, go to BFM and look back to their podcasts.

Losses every quarter and rumours of rights issue sending the prices sky high. what are people buying into anyway? Didnt see news reports on its profits or new businesses.

If you trust the charts, breakout soon if it touches 1.18.

If you are into this counter, look back three weeks. Grab every news item, listen to every broadcast. The reasons are there for the rise. One of which is its investment into educational products for pre-schools across the region, particularly Singapore. Go figure why now.

Not only has it broken 1.13, but went on to touch 1.15. If technicals are to be believed, the potential for its new highs are good. Maybe even its last point of 1.20 can be tested

Sasbadi has entered the I-Cloud at current prices. If it hits 0.24 and continues upwards, then it will be above the cloud and signify renewed interest in purchases

Deleum is out and above the cloud. If it breaks 1.13 today, we shall be looking at new highs - guessing that it will return to 1.18 next week

Some contracts coming?

EPF purchases are board approved. Sasbadi rise is not strange. If you all had been paying attention to this counter three weeks ago, as well as all news items around it, you will know why it is moving. Share investing need research. Have a reliable database. You dont just play darts in the dark and expect God of Wealth to come your way just because you bought the stock.

EPF has been acquiring since December. Just figure that out

Just look at the current model. I believe that the owners are pretty smart. Just a few days ago, on BFM, they announced that they are concentrating on pre-school education which transcends national barriers and geographical limits. It means the company is looking beyond the lucrative Malaysia market and it is already in kiasu Singapore. With earnings in USD, and rising demand for education at a younger age, you can roughly plot your profitability of this stock. One cant deny that the owners are pretty smart and not depending on local market. As for its stock, I do have confidence that it will be moving up soon. The price to test is 0.24. If it breaks this, then it is above the cloud.

Ex-rights on Jan 23. So technically, there is more certainty in sharebase. ie. no more conversion to dilute existing share base. This augurs well for this and we can expect a rise pretty soon in prices. In other words, it should be in uptrend, all things considered

Just be careful when too many chasing limited stock base. So far this company has not shown any promising ventures. If you look at last quarter earnings, you will wonder why is it that red

It is moving already and already moving out of the cloud. Just hold your breath. I think it may just do 1.10 today and if it does, look at it next week to test higher. This is not just an oil producing counter you see

That's an old story. It may already not be relevant. One should ask how it will do in the next quarter. The last quarter it did not do too promising.

Looks like another false alarm.

Good potential. Quite near the top of the cloud and should break by next week or so. Hoping for it to hit 1.18 before CNY if Brent prices continue uptrend. More contracts received will help its financial quarter results defiitely

Good news on the way? Waking up and shooting up unnoticed. Charts looking good. Line strongly above the cloud. Last high was 0.155 two years ago, so let's keep our fingers crossed, shall we?

Matrix's Lukut projects will benefit greatly from PD's redevelopment under Anwar.

221% increase in profit!

It's RM5 for every 1,000. Postpone the Porche booking

if u have 100 will be better, rm12k a year

Yup, very consistent dividend, stock price value-buy. Drops only because of sentiments.

How come the price of this is dropping like no tomorrow? a well run company is resilient

Good results coming in two weeks.

This counter is gone. So is service at their outlets. New CEO has not shown any brilliant market moves, despite it being the most staffed distribution company. Dare one hope for more?

such a monopoly business and market confidence in this stock is so low?

Cant say looking at latest development in the middle east and the impending cold front in Europe and such. It may breakaway this afternoon to test a new high.

This morning, the RSI crossover is seen. If Deleum hits 1.23, then rest assured bulls wlll be back to push it past last high.

Velesto will need to reach 0.28 to be taken seriously by investors. If it does break 0.28, we are looking at 0.31 as next target.

It has broken it's 1.27 resistance level and now at 1.30 with this volume, it will test 1.37 and let fly. All it takes is some news indicating a marginal increase in Brent prices. Its last high before the decline was 1.36 two weeks ago from today. See how much it has recovered and sharply move upwards pumped by sheer volume the last few days

Watch this counter - PD is now under focus and this company has some projects in Lukut as well.

why fell so high?

There is bad news everyday if you trade daily. But the ability to look through the panic will save your day. Like S-panda said, paper loss is harmless if you dont sell. It's on paper. Right now, without new boost (except for its drilling in the new field), this stock will flatline. Those who bought at 0.43 a few days ago will sell to gain quick profits. when others sell too, they wait to catch the low. Now, the question is where is the low or is the new high visible by day's end? As for oil prices, read up the views and read whatever's online. Does it point to consolidation to the much said 70-80USD for Brent? If it doesnt, why panic?

OPEC will negate the Iranian shortfall but Reach's new oil finds will boost its fundamentals. Either way, it's still affordable at this stage.

https://www.spglobal.com/platts/en/market-insights/latest-news/oil/100918-crude-oil-futures-rise-despite-likely-us-stock-build-amid-supply-concern

It's poised to be another HIbiscus if the explorations are well managed.

Read more about this field:

http://reachenergy.listedcompany.com/newsroom/REB_Spudding_of_K-16_08.10.2018_final.pdf

It doesnt matter whether Brent will rise over the next few days or not. Fact is, even if it flatlines, this is still a positive development. Like for instance, if you plant durian trees years ago and now you see it flowers and fruits, you know that that effort will yield

And this is why that drill is important:
http://www.theedgemarkets.com/article/reach-energy-drill-potential-hydrocarbon-trap-near-north-kariman-field-kazakhstan