if so they just bought it from market and delist it.

no strong goreng boss behind, just one day show. show 1 day sleep 10 days....

now become sleepy ugly. no more volume. long sleep.....mati.

kaput......

he not yet major shareholder, egm also not yet held to approve the earlier proposal.

https://www.klsescreener.com/v2/news/view/1016569/will-reach-be-beyond-the-reach-of-management

retailer always goyang very fast, after bought for awhile see so many selling keep coming out for sure follow sell.

if the price shoot up, many people wont support, may ask for more. seems like someone keep pressing the price from going up.

will it be related to SRL? look at it, if confirm emir oil got buyer from SRL. very lightly......emmmmm......

if not mistaken got one more major share holder that purchase direct thru MTD not in the picture yet.

means direct sell to specified person. weird why the volume so high.

invest at current price, downsize risk is smaller, the deal still pending for voting to proceed. once proceed the price should be slowly moving up. seems like some one keep pressing the price to go up

yes agree. what prediction just prediction. lets see

so now they can look for new buyer selling at 176m usd

with major controlling of reach, he had no resistance or objection to dispose emir oil. he is investor, i dont think he will manage emir oil.

with this 14% interest offset to share and 13m reduce to 5%, emir oil definately able to show profit.

after the deal complete, very soon will see hammer capital dispose off emir oil.

is definately better then RI. furthermore with so low share price, how much fund can raise.

last few month ago, i did post that hammer capital hk buy over emir oil 40% @ usd 55m. when he just bought reach 20% he already controlling emir oil. cause reach share pricing so low, oil price up no reason they dont buy up. next scenario will be sold off emir oil at higher price since he already controlling major stake of emir oil.

this price is MTD start dispose in open market

the deal should be 0.075-0.09

if the DBT price high, then the market price normally will go up. but now dont know who is the new major shareholder, if famous tycoon then will jump up. if not the popular then make no different.

elephant too big to hide after 2-3 weeks time.

see you at 0.25 with in 2-3 weeks

i think this round got new share holder are increasing their stake. soon by 2-3 weeks will get to know

the music of the show just started, do you think so fast back to square?

dont think is affected much. if so should be had warn in.

really dont understand why the board not suggest to dispose emir oil since they cant turn it around after 5 years they bought over.

reach market capital RM49.5m usd 4.388 wah only usd 11m. emir oil 40% sell usd 55m. reach own 60% value usd 85m. who want to take over REACH. the board dont suggest to sell, those take over can sell it off and distribute to all shareholder and close shop. AGM need to screw them up on this to the board of director

lets wait, very soon got shock news.

wait slowly like brahim announced that it going to delist.

look like internal people knowing something rotten news will be out thats why sell fast

buy and keep in safe for couple of years....

since the price stable above usd 100, they can start maximize the production back to 3000 bopd.

root cause is covid + low brent crude price that cause them to reduce production. normally higher production will bring down the cost to normal at below usd 10 which mention in 2021 annual report.

2020 ebitda negative (125m), at least 2021 ebitda positive 35m is very good turn around. with 2022 crude oil average stay above usd 100, confident this counter should be good bet. lets see end of may 1st qr out, if still running losses, then can consider this counter useless.

the price already 0.04, what kind of result you expected?

good. im waiting....to keep accumulate down..0.055 manage to get it.

haha...is ok, give me more lower price, i would like to see more lower price to come. so i able to keep buy down till close shop. anyway assume keep the money in the bank going bankrap....

soon those not buying at this price will be regret.

keep quet and just keep buying, with this price, soon will have someone will took over. this management dont know how to drive the value, but many crocodile know how to drive up since the brent oil so high. took over and delist it, sell off 60% emir oil. the value up by 2-3x since emir oil are the one pump out the oil. ALL OUT. SHOW HAND N FINGER. yeh.....

i think pp share are selling at 0.045.