3 people like this.

169 comment(s). Last comment by SirKoin 2014-10-14 17:20

cakarayam

302 posts

Posted by cakarayam > 2014-08-15 02:32 | Report Abuse

mother sure open 80 cent lor

DRwarrant

8,354 posts

Posted by DRwarrant > 2014-08-15 05:20 | Report Abuse

REACH -WA LIMIT UP 30.5 SEN meaning NO SELLER , mother REACH RM 1.00 ++ .....huarttt arrrrrrrr $$$$

DRwarrant

8,354 posts

Posted by DRwarrant > 2014-08-15 05:31 | Report Abuse

IPO REACH-WA LIMIT UP TODAY 30.5 SEN ,,,,as comparison even less popular SONA-WA SOARED ( jump ) 247 % during dull market lasy year !

NOW SUPER RALLY ON WARRANT & PENNY STOCK...$$$$$

MOTHER REACH >> RM 1.00 ++

read the following >> for the record

Sona's warrants soar 247% on debut

Posted on 31 July 2013 - 05:36am
Ee Ann Nee
sunbiz@thesundaily.com


KUALA LUMPUR (July 31, 2013): Sona Petroleum Bhd, the third special purpose acquisition company (SPAC) to list on Bursa Malaysia, saw its warrants soar 246.67% to 26 sen at the close of its first trading day yesterday, as investors saw high value in snapping up warrants in the company

DRwarrant

8,354 posts

Posted by DRwarrant > 2014-08-15 07:27 | Report Abuse

Latest....HOT...HOT REACH-WA ( 5256-WA) IPO this MORNING LIMIT UP 30.5 SEN...$$$$$

zaini014

42 posts

Posted by zaini014 > 2014-08-15 07:41 | Report Abuse

demmm.....hopefully daya will fly toooo

DRwarrant

8,354 posts

Posted by DRwarrant > 2014-08-15 07:48 | Report Abuse

HOT...HOT REACH-WA ( 5256-WA) IPO this MORNING LIMIT UP 30.5 SEN...$$$$

DRwarrant

8,354 posts

Posted by DRwarrant > 2014-08-15 08:27 | Report Abuse

REACH -WA IPO ( 5256-WA ) LIMIT UP 30.5 SEN this morning $$$$$$$$$$$$$$$$$

DRwarrant

8,354 posts

Posted by DRwarrant > 2014-08-15 08:31 | Report Abuse

REACH-WA IPO LIMITTTTTTTTTTTTTT UP $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$

BumbleBee

602 posts

Posted by BumbleBee > 2014-08-15 08:35 | Report Abuse

cela***ka _warrant limit uppppppp worrrrrrrr

fyda74

226 posts

Posted by fyda74 > 2014-08-15 09:09 | Report Abuse

any advice how to trade REACH & REACH-wa?

sosfinance

1,305 posts

Posted by sosfinance > 2014-08-15 09:33 | Report Abuse

At 9.30am, REACH warrants high is 29sen, now is about 20sen. Btw, what is the exercise price?

Alpha Trader

1,983 posts

Posted by Alpha Trader > 2014-08-15 09:34 | Report Abuse

you guys should start accumulating now, is just a zone to collect more, but don't listen too much to DR WARRANT, he is DR KIM in investlah- famous for trapping people on IPO

fyda74

226 posts

Posted by fyda74 > 2014-08-15 09:42 | Report Abuse

I buy warrant at 0.22, 200 lot . Wish me luck :D

Investhor

537 posts

Posted by Investhor > 2014-08-15 09:53 | Report Abuse

seller taking profit will start to finish soon, now is the time for buyer to come in

DRwarrant

8,354 posts

Posted by DRwarrant > 2014-08-15 09:54 | Report Abuse

DR KIM remanded by BURSA due to REACH manipulation....

Posted by wintermelon > 2014-08-15 10:05 | Report Abuse

75sen conversion price for warrant

Posted by wintermelon > 2014-08-15 10:06 | Report Abuse

anyone knows if this SPAC fails after 3 years, how much we can get back? not full 75sen?

fyda74

226 posts

Posted by fyda74 > 2014-08-15 10:07 | Report Abuse

Can I know how to convert the REACH-wa to REACH later? Is it we can do the conversion anytime? Provided REACH is above 0.75 sen?

Posted by Kitty Kitty > 2014-08-15 10:07 | Report Abuse

90% literally translating to 67.5cent

kakisaham

7,263 posts

Posted by kakisaham > 2014-08-15 10:08 | Report Abuse

Sebelum disenarai ghairah nak beli..ada yg kecewa tak dapat IPO...ini semua org2 yg menilai counter...nah lihat harga sekarang.....Sebenarnya counter ni boleh jalan but not now..

vinvin

4,495 posts

Posted by vinvin > 2014-08-15 10:11 | Report Abuse

May I know whether 70 sen is a good price to enter/ buy? Tq.

Investhor

537 posts

Posted by Investhor > 2014-08-15 10:13 | Report Abuse

very safe price is 67.5c because its 90% of mother price..

however based on current supply and demand, seems 69c was the lowest price it touched..therefore to me 70-71c seems still a safe price to buy

i bought a little bit higher but can hold so no problem..

DRwarrant

8,354 posts

Posted by DRwarrant > 2014-08-15 10:14 | Report Abuse

Dr KIM in BURSA CUSTODY due to REACH manipulation this morning !!,,,,sighh sighhh

PenStock

14 posts

Posted by PenStock > 2014-08-15 10:26 | Report Abuse

Hi DRwarrant where u got that news from?

DRwarrant

8,354 posts

Posted by DRwarrant > 2014-08-15 11:39 | Report Abuse

Dr KIM remanded news from BURSA insider !

RI77

22 posts

Posted by RI77 > 2014-08-15 12:03 | Report Abuse

Alpha Trader,

Reach can buy now?

Thanks

speakup

27,214 posts

Posted by speakup > 2014-08-15 12:20 | Report Abuse

Reach put 95% of money raise into trust account (not 90%)
95% = 71.25sen.

speakup

27,214 posts

Posted by speakup > 2014-08-15 14:05 | Report Abuse

Cornerstone investors of Reach :
Lembaga Tabung Haji
Koperasi Permodalan Felda Malaysia Bhd
Pelaburan Mara Bhd
MTD Capital Bhd
Paul Poh (Quek's associate)
Chua Sai Men (son of Chua Ma Yu)

Cornerstone collectively own 20% of Reach.


Funds holding Reach :
Norges (Norway’s sovereign fund)
Areca Asset Management
Kenanga Investment
Allianz Investment

fyda74

226 posts

Posted by fyda74 > 2014-08-15 15:06 | Report Abuse

Buy REACH at 0.695 & REACH-wa at 0.22 . WIsh me luck ^_^

bolt

107 posts

Posted by bolt > 2014-08-15 15:08 | Report Abuse

Goodluck fyda74.
Whats your TP for Reach?

fyda74

226 posts

Posted by fyda74 > 2014-08-15 15:10 | Report Abuse

I plan to hold it till they purchase sth. What do you think? Hopefully REACH can be second HIBISCUS?!

bolt

107 posts

Posted by bolt > 2014-08-15 15:22 | Report Abuse

Since you are thinking long term, should be a good buy for you.
I bought at 72.5, will decide based on performance next week.

fyda74

226 posts

Posted by fyda74 > 2014-08-15 15:34 | Report Abuse

Thanks, bolt. I don't buy a lot REACH & REACH-wa. I just slowly buy it. I got allocated 9k share during IPO. Thus plan to accumulated more if drop.

vinvin

4,495 posts

Posted by vinvin > 2014-08-15 15:47 | Report Abuse

Bought some today at 70 sen n now queuing some more at 69.5 sen n 69 sen..........

Posted by wintermelon > 2014-08-15 16:53 | Report Abuse

Sorry.. who is Dr KIM?

vinvin

4,495 posts

Posted by vinvin > 2014-08-15 16:58 | Report Abuse

Can DRwarrant let wintermelon know who is Dr KIM please? Tq

pisangkuat

1,060 posts

Posted by pisangkuat > 2014-08-15 17:42 | Report Abuse

Another tipu duit spac counter...

fyda74

226 posts

Posted by fyda74 > 2014-08-15 17:54 | Report Abuse

high risk? high return? LOL

fyda74

226 posts

Posted by fyda74 > 2014-08-15 18:00 | Report Abuse

https://uk.finance.yahoo.com/news/malaysias...-013836862.html
Malaysia's Securities Commission said in December that SPAC funds from an IPO must not be used to pay remuneration for the management team until an asset acquisition is completed. The company's management also cannot sell their shares in the SPAC until assets are generating income.
The firm's management, whose experience and track record must fall in line with the SPAC's objectives, must hold at least a 10 percent stake to ensure a "meaningful financial participation".
Reach Energy is led by Managing Director and Chief Executive Officer Shahul Hamid, who has had senior roles at Esso, Shell and Petroleum Development Oman (PDO). Other top officials include former staff from Petronas, Schlumberger and Sime Darby.
According to Reach Energy's IPO prospectus, Malaysia's pilgrimage fund Lembaga Tabung Haji, CIMB-Principal Asset Management Bhd, and Hong Leong Asset Management are among the cornerstone investors in the sharia-compliant company.
"This is seen as the safest SPAC to date, because it is the first one to genuinely attract institutional attention here," said a banker who was involved in the Reach Energy IPO.

GPS777

184 posts

Posted by GPS777 > 2014-08-15 18:46 | Report Abuse

Friday....flyday, must Take profit first. Ha....ha..... better than Cliq

think_big

95 posts

Posted by think_big > 2014-08-15 19:54 | Report Abuse

Why so worry.they already recognized company they want to acquire.the acquisition negotiation will commencing as soon as possible.just put your faith in this company.it will be better than sona and much better than cliq.

vinvin

4,495 posts

Posted by vinvin > 2014-08-15 23:03 | Report Abuse

Yes, keep for long term for better returns...............................trade at own risk

speakup

27,214 posts

Posted by speakup > 2014-08-18 07:42 | Report Abuse

Institutions & funds investors of Reach:
Lembaga Tabung Haji
Koperasi Permodalan Felda Malaysia Bhd
Pelaburan Mara Bhd
Norges (world’s largest sovereign wealth fund)
CIMB Principal Asset Management
Hong Leong Asset Management
MTD Capital
Kenanga Investors
Areca Asset Management
Allianz Investment
Chua Sai Men (Chua Ma Yu's son)
Poh Yang Hong (Tan Sri Quek's associate)

Just shows how good Reach Energy is.

http://hongwei85.blogspot.com/2014/08/ipo-reach-energy-well-known-cornerstone.html

Posted by Moraz Klg > 2014-08-18 09:51 | Report Abuse

What happen to Public investor contained 20 Million, if still hold the share?

vinvin

4,495 posts

Posted by vinvin > 2014-08-18 11:57 | Report Abuse

A lot of solid supporters, no worry will up soon after clearing all the weak holders..................trade at own risk

fyda74

226 posts

Posted by fyda74 > 2014-08-19 14:07 | Report Abuse

Hold REACH till RICH ^_^

Posted by Khoo Stevenkhoo > 2014-08-19 14:10 | Report Abuse

wait until below rm 0.20 and collect

SirKoin

3 posts

Posted by SirKoin > 2014-10-07 22:02 | Report Abuse

Will be going up tomorrow.

SirKoin

3 posts

Posted by SirKoin > 2014-10-14 17:20 | Report Abuse

Reach warrants green today

Post a Comment
Market Buzz