fyda74 u are dreaming if u can buy Reach below 71.5sen. 98% of the shares given out to institutions & high net worth individuals, impossible to drop below IPO price. IMPOSSIBLE!
even during dull market last year >> SONA-WA soared by 247 % , so now with WARRANT & PENNY RALLY , the limit up 500 % for REACH-WA can't be rule out !!
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
Please please DO NOT chase Reach tomorrow as it will open very high coz 98% of the shares are given to institutions & high net worth individuals. Dont let them take away YOUR HARD-EARNED MONEY!
Buy Daya instead as proxy to Reach. It is cheaper & safer to buy Daya as an indirect entry to Reach.
No lock up period means that company ( REACH ) have confidence that most of the shareholders want reach energy to be like HIBISCUS @ hibiscus-wa ... ( only those poor need money want to sell , the rest want to grow with REACH $$$ )
IPO REACH-WA LIMIT UP TODAY 30.5 SEN ,,,,as comparison even less popular SONA-WA SOARED ( jump ) 247 % during dull market lasy year !
NOW SUPER RALLY ON WARRANT & PENNY STOCK...$$$$$
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
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
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..
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
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
DRwarrant
8,354 posts
Posted by DRwarrant > 2014-08-14 17:21 | Report Abuse
REACH ENERGY IPO TOMORO >>
REACH 62.5 sen
REACH-WA 12.5 sen ( limit tp 62.5 sen )