please add me into the group

Brent future rose to $54.17 a barrel & expected to reach $60 in 3 months due to production cut back by OPEC & demand pick up in US in the coming summer holidays etc.

last week there were panic investors who sold and run claiming crude price will go to $45 soon.
Well, today crude still at $48+ on report of Libyan disruption & OPEC extension hopes & US shale oil are mainly for their own consumption as their own President step up productivity in their own industries. Time to buy back as the coming qr will even fare better than the last report.

Mulpha is moving upward & with volume will break 30sen soon. With investment in Australia now running high with AUD to Ringgit at 3.2o, the company is reaping huge profit in coming qr.

so right now buy if you can stomach the wait when price of crude is rang bound between USD53 to 55 pb for over two month now. If it go over USD60pb at the end of the year "ho say leow". Shale oil producers would not be able to function if crude go below USD50pb. USA -Make America Great Again" needs abundant of oil to run their industries, gigantic border fence, increase defence speeding, huge north to south oil piping etc.

Sumatec is going for big expansion in Kazakhstan. Similarly, Reach is planning to do same in the country. If price of crude oil stays at around USD55 pb, the final result in 2017 for Reach will be remarkable.

QR looks good showing profit when crude price was around USD48 pb for second half of last year. The company is going to push up production this year when price of crude is hovering around USD54 pb now. Baring any unforeseen circumstances, Reach is going to show remarkable result next QR.

read that EPF is looking to sell some of their properties bought in England about 5 yrs ago. Converting to Ringgit that will means making huge profit & bringing multi millions back to Malaysia. Will that happen to MUI too?

Finally after 4 years in the British court their marriage ended. We will be seeing how KKP going to hander the settlement with assets/properties in Malaysia, England & other parts of the world. What will be the effect on MUI & other companies in Malaysia?

Hibiscus up 1.5sen to 545 sen, Sumatec up .5sen to 9sen, crude oil which is lingering around USD53.5 pb for the last few sessions has now moved up to USD54 but Reach is still at 64.5sen

Hibiscus is on the move this morning add 1.5sen to 545sen while Reach is still stuck at 645sen. What a difference between companies in similar industry.

Hibiscs was at 30sen in Dec & now 53sen a whopping 80% gain while Reach was at 60sen and now 65sen a dismay 8% gain. Why why? Both are in the hunt for crude oil where prices were at USD50pb in Dec and now at around USD55.

warrant's premium is high because of the intention of the major shareholders to keep the mother share low at 65sen in-order to cash in on private placement proposed earlier. Fortunately mother share will be creeping upwards in line with the rising price of the world crude oil hopefully towards USD60 by the next few months.. The good showing of the coming qr will also influence the mother share favourably

qa will be out at the end of this month. Sure profitable how much is the question as selling crude oil is already on the way up late last year. Plus convertible to Ringgit from USD will boost the bottom line in the balance sheet. MIE Holding had reported late last year that they had undertook cost control in their operations. MTD has emerged as a major shareholder & reported to has revamped the board of directors making sure of putting the right people in the right place. Although oil markets are range bound now with reported supplies plentiful due to increase shale oil production on one hand & OPEC led cuts on the other hand. There will be a limit of production by the shale oil investors as they would surely wound not want the price to drop so as that would also hurt their pockets.

There will be likely a few corporate moves within the company as well as outside with other investors before the release of the next QA next month. Just stay tune & hope everything will be for the betterment of the shareholders.

last week, price of crude oil retreated on concern that some countries may be cheating on the production cut. Well, the oil ministers & analysts had reported that members of the groupings had kept & uphold their pledges. So prices of crude had advances in the last two sessions. Even another counter Nakamichi had announced its move into oil & gas venture as part of the plan to exit PN17 status. Look like the management of the company has taken this move as a live or die challenge as they see very good prospect in the future in all oil related.

Going into 2017 with high expectation for crude oil to reach USD60 first half. Good start for oil related counters showing gain today - Sumatec, Hibiscs & Reach. Happy trading.

Cry out loud. Reach shot up like mad-will it be the darling for 2017?

Warrant is holding up well but mother share is suffering from inaction waiting for pp to roll out.
Warrant is well supported because investors know that the future is very promising going into 2017 & beyond although there might be some bumps along the way.

normally how long does the company undertake the pp rollout? it seem Investors are waiting for it to be implement soonest.

Even small oil producing country like Malaysia is joining to reduce output. Leading industry experts say prices should stay above USD50 if oil producing countries stick to their guns & cut supply for 2017. Some even say scheduled production cuts would means crude oil will stay in the ground & will be extracted later when prices strengthen further.

Speackup thanks for some critical issues relating to Reach that you raised otherwise MD Shahrul or its representatives would not come out to explain matters of concern to the investors. Thanks again.

with such comfortable news, should we sell, sell & sell?

Reduce 10% production, crude price increase 12% still acceptable. Even countries outside NON-OPEC like Malaysia & Brunei will be asked to join in to restrict production. Remember for 2 years now, oil producing countries are having a tough time to balance their economy/budgets. Every 6 months, these countries will meet again to juggle their statistic (may be to increase production} so that they can move forward in a win-win situation.

Reach proposed to buy Kaz's asset mar.16 crude price then was USD35 then with QA in hand price up to USD47 now with OPEC & Non-OPEC agreement on production cut price increase to US55. What is in store for 2017? Saudi signal to cut deeper if market warrant -price may then hit USD60?

oil extends gains on hope for non-OPEC output cuts this morning. NYMEX crude for Jan's 17 delivery up USD51.01 a barrel. Officials from both side will met tomorrow to hammer out a workable production cut to reduce supply.

Reach's mother share up these few days & warrant is sure to follow

Goldman Sachs Group Inc said that oil prices may break above USD60 a barrel in 2017. This will bore well for Reach's investors in the immediate & long run.

with oil price shot up because of the decision to cut production, Hibiscus share is going up 3 sent to 30. Time for Reach's mother share to race up too.

Read that oil prices edge up on anticipation of an Opec led crude production cut to be finalized by the end of Nov 2016.International Brent up 10 cents to USD49.22 per barrel in the future market. Not sure that members of this group will finally agreed to this cut back or let the price continue to drop and threaten their economy.

All of us are in the market to make money. We can't be carrying the umbrella all the time looking for the rain. If the weather turn bad so what just wait in the shade & the sun will shine again without fail. oil is something which is widely use worldwide but only a few countries are producing it. They would have to get their acts together as their future & livelihood depend on a pricing that they can sustain. Can they dray their feet for a long time?

Reach is once a SPEC that rose above others in these specialise field.
With QA in the hand, it is now able to count the money that are generating out of its oilfield. The future is both very lucrative or vulnerable nobody can foretell at this moment. Those (oversea investors] who were sitting tight to receive the marginal yield- income would now be blaming the foreign exchange for weakling the Ringgit. They would be taking back less USD now when compared to that rate say 1 or two years ago. Alternatively, they have to wait for the Ringgit to strengthen again. Warrant is a better bet than the mother share as one can hold/trade/converse over a long period of over 5 yrs.

before key investors come together to approve the QA, there were quite a number of people who were actively campaigning on the other side to defeat the motion. Now we can still see them going around again to dampen other from riding on the success of a dynamic management who have shown skills, determination & foresight to get things done for the benefit of all shareholders.

look like all markets in ASIA retreating in line with Trump winning in many states of US. The same can be true with European & Dow Jones when their market open later.

tomorrow will be the D-day whether Reach will reach the sky or tumble like its predecessors Sona & Cliq. The way I see it, there is now a big stage just like we saw on tv wresting show. There are quite a number of wrestlers, referees & even spectators -jostling, pushing, arguing, pulling etc just to get attention to themselves. Well, the closing of its share today seem stable or maybe a shade better than the previous few days.

Malaysia International Furniture Fair coming March 2016 to be held in KL is the no. 1 furniture in S.E.A. Many traders from all over the world will be coming to place orders for our quality furniture. Every year SHH is a regular exhibitor at the fair.

just shouting huat huat is not going to move mui if KKP continue to ignore the financial proceeding following the English's court order. Remember it tool 3 long years for the divorce to be finally granted in the court.

marco has been holding at around 0.15 for over a month now in the midst of market turmoil starting 2016. Stock has been bitten down left,right & center even most of the blue chips suffered the same fate but not marco. That could mean that it has inherent value not yet known to the general public.....eg assets held for many years yet kept in the books at purchase price.

marco future is bright. Smart watches are fast catching up in the market with the advances of technology just like the handphones. These
kind of watches are highly prices and many companies are cashing in the new fab.

the management of TA has been running a stock brokerage for many years now. Sad to say that despite all the experience etc (together with managing other business}, it has failed the investing public. Other similar brokerage businesses have expanded and made fantastic profit unlike TA. Its share price is hovering around 55 sens and may be dipping to new low in the coming months.

Gadang good earning is from construction division and not from property though it helps to increase the bottom line. Directors are back buying from the open market. We have about another month to December to complete a successful 2015 operation. So far 9 mts to September Gadang has reported a set of good results,why not wait for the momentum to carry on to the end of the year.

Tabung Hazi had now got smart and decided to dispose some Icon's shares. They still has allot of these shares to sell. So it will be very difficult for Icon to move up. It will be a matter of time before other local investers follow suit. People in T Hazi just sit up and quickly disposed these shares just like they had earlier influenced into buying asset from 1MDB.

wonder what will happen if under hudud system. Will their hands or heads be chopped off for stealing from investing publics.

icon share still going down south implying everything is not doing well in spite of come out of company's various statements to calm the investors. How low can it go? It's it limbo rock time? Will there be more surprises? All the corner stone investors should initiate legal actions to recover their loses. The fact that now corruption agency
has moved in to investigate way back early this year must be in response on some big shots calling for actions otherwise the bleeding would have continue without abate.

ask ordinary businessman, he would be more concern about a skillful employee who cheat the company whenever he can, either by himself or jointly with others than a unskilled and dull employee. The latter can be motivated and stay honest to whatever he does.

it is good that the Corruption Agency stepped in to nap the two CEO. What will happen if they (CA) and the management team choose to ignore the irregularities and allow to continue as if nothing had happen, Icon will be suck dried in time to come. No wander the share as been downtrend since the time of IPO.

if it was forgery/ manipulate accounts or other serious and dishonest dealings, these people must be charged and sent to jail. Illegal money taken
must be returned to the investing public.

from now on do not simply apply for new ipo. Except for 7 eleven and Econpile which maintain good premium while B. Plant and Icon are really waste of time and effort. Watch out for the new few ipo coming

so it is quite safe to buy now @RM 1.85? The stabilizing manager will not allow it to go below its ipo price.

reach energy ipo coming @ 0.75 seeking qa within 2 yrs, hibiscus now @ 1.58 with finger licking good everywhere but no oil, cliq now @0.635 still looking high and low for qa, sona now @0.505 seeking approval to sign s & p & immediate receive barrels of oil. Ask yourself, which of these is a better bet?