REACH ENERGY BHD

KLSE (MYR): REACH (5256)

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Last Price

0.025

Today's Change

+0.005 (25.00%)

Day's Change

0.02 - 0.025

Trading Volume

370,100


9 people like this.

19,253 comment(s). Last comment by Orson Chin 1 week ago

ran777rpt

2,945 posts

Posted by ran777rpt > 2018-09-27 16:57 | Report Abuse

Yes yes

Jeffrey Ng

490 posts

Posted by Jeffrey Ng > 2018-09-27 16:58 | Report Abuse

.435 is reach base... it need to break thru next @ .475 to go further..

DreamPredator

1,507 posts

Posted by DreamPredator > 2018-09-27 17:00 |

Post removed.Why?

nicchooi

35 posts

Posted by nicchooi > 2018-09-27 17:10 | Report Abuse

I think it will dip further tomorrow to 0.43 until majority of contra traders jump ship. It will rebound again next week. The cycle continue again and again but in an uptrend pattern. =)

Franklim1989

1,453 posts

Posted by Franklim1989 > 2018-09-27 17:26 | Report Abuse

OIL stock will rebound back because oil price still stay higher..IRAN let america stop export is good for oil price..whole world not only bursa other country also OIL stock hot..only for E&P stock..

Franklim1989

1,453 posts

Posted by Franklim1989 > 2018-09-27 17:26 | Report Abuse

I think will hot until oil price shooting usd100

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-09-27 19:46 | Report Abuse

i wanna buy at 40c, pls sell to me tomorrow

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-09-27 19:48 | Report Abuse

missed the bus when 24c, then missed again at 34c..

but lucky bought vs-wa at 21c less than 4 days 90% gain.

B4b4

7,593 posts

Posted by B4b4 > 2018-09-27 20:23 | Report Abuse

Next target is 50s

4444

1,800 posts

Posted by 4444 > 2018-09-27 21:41 | Report Abuse

Next is below 40 sen.

Posted by Nicholasming91 > 2018-09-27 23:02 | Report Abuse

Next is 44.44

Posted by Nicholasming91 > 2018-09-28 07:18 | Report Abuse

Prepare to fly ...

Franklim1989

1,453 posts

Posted by Franklim1989 > 2018-09-28 08:19 | Report Abuse

Today will be great day...PNB focus only O&G is for future,because next exploration stock is O&G,currently O&G stock just a start,Oil price usd 70 and still got usd 30 for next uptrend to usd 100,IRAN getting stop export by trump and OPEC no cut production..after PNB creating FUND for public invest and taking the money invest into STOCKMARKET..SAPRNG,HIBISCUS,REACH this 3 stock is malaysia O&G E&P stock..this 3 brother stock will together bumping up to 2.000 above..

B4b4

7,593 posts

Posted by B4b4 > 2018-09-28 08:52 | Report Abuse

Get ready to invest in Reach Energy. Brent still above 80 pb. Reach make maiden profit when Brent was 65 pb with only 2900 bpd. Now even better. Oil production is 3900 bpd with Brent up

robert168

558 posts

Posted by robert168 > 2018-09-28 09:16 | Report Abuse

strange.. for the first time opec price higher than Brent.. looks like something big going to happen soon..

robert168

558 posts

Posted by robert168 > 2018-09-28 09:17 | Report Abuse

buy popcorn and wait for the shows

B4b4

7,593 posts

Posted by B4b4 > 2018-09-28 09:28 | Report Abuse

Get ready guys to relax and enjoy. The show going to start anytime.

Franklim1989

1,453 posts

Posted by Franklim1989 > 2018-09-28 09:31 | Report Abuse

I everyday eat popcorn and see PC..haha

Posted by Nicholasming91 > 2018-09-28 09:43 | Report Abuse

Everyday maintaining 80 is profit day

Turnaround

288 posts

Posted by Turnaround > 2018-09-28 10:12 | Report Abuse

Good for long term investor

Posted by Nicholasming91 > 2018-09-28 10:33 | Report Abuse

Today profit taking day again

B4b4

7,593 posts

Posted by B4b4 > 2018-09-28 10:46 | Report Abuse

Both, profit taking and collecting at 44s. Soon Reach will surge towards 50s just like Brent price shooting towards 90

Posted by Nicholasming91 > 2018-09-28 11:19 | Report Abuse

Anyone managed to get son 0.105?

Franklim1989

1,453 posts

Posted by Franklim1989 > 2018-09-28 11:47 | Report Abuse

Coming soon..hope today 0.460 and rest holiday..profit taking done

Franklim1989

1,453 posts

Posted by Franklim1989 > 2018-09-28 11:50 | Report Abuse

SAPRNG , HIBISCUS , REACH REBOUND TIME

B4b4

7,593 posts

Posted by B4b4 > 2018-09-28 12:05 | Report Abuse

Hihihi

B4b4

7,593 posts

Posted by B4b4 > 2018-09-28 12:08 | Report Abuse

Sapura has very very very HIGH DEBTS. Reach has ZERO BANK BORROWINGS

Posted by 10100515546448244 > 2018-09-28 12:51 | Report Abuse

sapnrg is a purely goreng counter.. the debt is like so high... the report need to use ruler to measure the debts.. hahha

Posted by Nicholasming91 > 2018-09-28 13:05 | Report Abuse

Hello. Sapura has 175% debt to equity.. debt of billions.. how u gonna pay the debt. Even najib stole billions our country also struggle to recover, imagine sapura? Gg

RX350

1,968 posts

Posted by RX350 > 2018-09-28 14:02 | Report Abuse

still can buy?

Franklim1989

1,453 posts

Posted by Franklim1989 > 2018-09-28 14:03 | Report Abuse

SAPRNG sure got debt,but holding project is 17billion and PNB interest to join it,PNB will trying to transform the company..dangerous stock and ppl more then scare will be more rebound..

Franklim1989

1,453 posts

Posted by Franklim1989 > 2018-09-28 14:05 | Report Abuse

I just said SAPRNG not other stock,a company Bad news bad Qr,after good news and good profit sure rocket up..alike reach lose profit 2 years,after taking profit 11m already from 0.240 to 0.460..

B4b4

7,593 posts

Posted by B4b4 > 2018-09-28 14:13 | Report Abuse

Reach next coming Qtr will be even better because of increased production and Brent price

Jeffrey Ng

490 posts

Posted by Jeffrey Ng > 2018-09-28 14:19 | Report Abuse

maybe reach need to wait till final quarter?? this few days is been so quiet... no more dancing around...

Turnaround

288 posts

Posted by Turnaround > 2018-09-28 14:20 | Report Abuse

Reach = Rich

Franklim1989

1,453 posts

Posted by Franklim1989 > 2018-09-28 15:32 | Report Abuse

Start ady..

Franklim1989

1,453 posts

Posted by Franklim1989 > 2018-09-28 15:36 | Report Abuse

HIBISCUS also strong..1.260

Jeffrey Ng

490 posts

Posted by Jeffrey Ng > 2018-09-28 15:36 | Report Abuse

Franklim 1989 also always looking at reach all the time.. hahha

B4b4

7,593 posts

Posted by B4b4 > 2018-09-28 15:37 | Report Abuse

Buy and keep long term simply because of oil is soooooo bullish.

Posted by Nicholasming91 > 2018-09-28 15:41 | Report Abuse

Noone wants to do business with low profit.. now company want to use money.. OnG had enough cheap oil price for many years.. time for them to shineee and earn kau kau

robert168

558 posts

Posted by robert168 > 2018-09-28 18:50 | Report Abuse

hot news !!

KUALA LUMPUR (Sept 28): Reach Energy Bhd's producing asset in Kazakhstan, Emir-Oil LLP, has obtained authority approval to commence the trial production period of the North Kariman field in Kazakhstan for 15 months.

In a filing with Bursa Malaysia today, Reach Energy said the 15-month trial production period will commence on Oct 1, 2018 to Dec 31, 2019.

The approval granted for the trial production period allows Emir-Oil to put the North Kariman wells on production, and this is expected to increase current oil production levels substantially.

Reach Energy said the approval of the trial production period for the North Kariman field provides a clear signal from the authority for the company to proceed with the processes required to obtain a new production contract for the field.

In its 2017 annual report, Reach Energy had stated that it had applied for extension of trial production for the North Kariman wells to the Ministry of Energy of Kazakhstan.

At 5pm today, Reach Energy shares closed unchanged at 44 sen, for a market capitalisation of RM562 million.

robert168

558 posts

Posted by robert168 > 2018-09-28 18:50 | Report Abuse

Monday onwards. fly like rocket

asd88

809 posts

Posted by asd88 > 2018-09-28 18:53 | Report Abuse

Great !!!

Turnaround

288 posts

Posted by Turnaround > 2018-09-28 19:00 | Report Abuse

Should collect more when below .30

asd88

809 posts

Posted by asd88 > 2018-09-28 19:03 | Report Abuse

now is still not too late

Franklim1989

1,453 posts

Posted by Franklim1989 > 2018-09-28 19:08 | Report Abuse

GREAT,announcement coming ady..Monday sure up Gao Gao...

Franklim1989

1,453 posts

Posted by Franklim1989 > 2018-09-28 19:12 | Report Abuse

No announcement also reach up ady,announcement push will going heaven...enjoying holiday after monday see top voloume REACH..

Franklim1989

1,453 posts

Posted by Franklim1989 > 2018-09-28 19:14 | Report Abuse

After trial production still wait for report...increases how much barrel still a surprise...suddenly up to 5000bopd also a miracle..after next QR will BUMPING UP

Franklim1989

1,453 posts

Posted by Franklim1989 > 2018-09-28 19:16 | Report Abuse

Jeffrey Ng yap..I everyday and everytime see reach information

Posted by BlackCapital > 2018-09-28 20:31 | Report Abuse

good prospect

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