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

Posted by WealthSoWonderful > 2018-10-01 16:03 | Report Abuse

No fear, DreamConqueror. Reach's momentum is much stronger than the comments of any of your average so called "boddoh konttuik iddiot dikkhedd" investor LOL. Reach will eventually prevail over any minor disturbance or interruption.

Jeffrey Ng

490 posts

Posted by Jeffrey Ng > 2018-10-01 16:04 | Report Abuse

thank you Dream Conqueror.. by the way, u are so funny!! good :)
totally agree with WealthSoWonderful. What to worry about reach?? bodoh or idiot make no different... reach will eventually prevail over any minor distrbance or interruption. Reach movement are much more steady than Hibiscus. Peace V.V

Alibaba

273 posts

Posted by Alibaba > 2018-10-01 16:06 | Report Abuse

Hope so .. entered at 0.46. Lets "Reach" together !

Posted by newbie_2016 > 2018-10-01 16:12 | Report Abuse

UP UP UP AND AWAY!!!!

Want2Win

2,553 posts

Posted by Want2Win > 2018-10-01 16:13 |

Post removed.Why?

Posted by DreamConqueror > 2018-10-01 16:16 | Report Abuse

Fly baby fly. Up up to the sky.

Leave the shy. Fukk the sly. Say to them all, Bye Bye.

Franklim1989

1,453 posts

Posted by Franklim1989 > 2018-10-01 16:17 | Report Abuse

PERDANA today also up like crazy..+80...lol..
Reach just now taking profit 0.480 area...Reach is healty trade..ppl taking profit after break new high...

Franklim1989

1,453 posts

Posted by Franklim1989 > 2018-10-01 16:18 | Report Abuse

REACH better today taking profit..after tomorrow sure up again.

Franklim1989

1,453 posts

Posted by Franklim1989 > 2018-10-01 16:18 | Report Abuse

Hope suddently reach get suspend by NEWS..lol.

Posted by DreamConqueror > 2018-10-01 16:19 | Report Abuse

Another boddoh konttuik iddiot dikkhedd investor

Want2Win

2,553 posts

Posted by Want2Win > 2018-10-01 16:20 |

Post removed.Why?

Jeffrey Ng

490 posts

Posted by Jeffrey Ng > 2018-10-01 16:27 | Report Abuse

haha...boddoh konttuik iddiot dikkhedd investor can make us rich!! yay.. yay!!

Franklim1989

1,453 posts

Posted by Franklim1989 > 2018-10-01 16:28 | Report Abuse

perdana crazy..

Jeffrey Ng

490 posts

Posted by Jeffrey Ng > 2018-10-01 16:30 | Report Abuse

perdana also good to go in... petroleum... today really crazy!! more than 40%

Shernius

270 posts

Posted by Shernius > 2018-10-01 16:32 | Report Abuse

Reach shall back to RM0.60 very soon. Brent shall hit $85 pb by end of this week.

Posted by DreamConqueror > 2018-10-01 16:33 | Report Abuse

Some people. They enjoy gambling with their hard earned money, then spending all day studying this crap, pondering that crap; reading this analishit, eating that analishit; then selling off at the slightest sign or shadow of meagre profit; and then going home patting themselves on the back for what a fantastic player they hv been.

tts101

44 posts

Posted by tts101 > 2018-10-01 16:35 | Report Abuse

Hopefully today will end at 0.5...gogogo

Want2Win

2,553 posts

Posted by Want2Win > 2018-10-01 16:36 |

Post removed.Why?

Posted by GoldenHarvest1 > 2018-10-01 16:40 | Report Abuse

You got a point there, DreamConqueror.

Jeffrey Ng

490 posts

Posted by Jeffrey Ng > 2018-10-01 16:46 | Report Abuse

lai liao... 495.... come come reach... make it 500 closing!!

Kc Teh

454 posts

Posted by Kc Teh > 2018-10-01 16:47 | Report Abuse

some people not greedy :D

Posted by Jonathan Keung > 2018-10-01 16:49 | Report Abuse

contra players different from those with holding power. everyone has their own trading style. some happy lock in 10% profit . some only take profit if counter hit their target price, some go for the overkill 30%-50% target

Posted by DreamConqueror > 2018-10-01 16:51 | Report Abuse

It is not really about being greedy or not greedy. It is about playing the optimal game. Maximum output for your input.

ych00ng

54 posts

Posted by ych00ng > 2018-10-01 16:56 | Report Abuse

how much of upside can reach achieve?

Posted by DreamConqueror > 2018-10-01 16:56 | Report Abuse

Why settle for 3% ROI, if you can get 23%. The effort & energy you needed to hv expended for both is not that much different. Maybe some contra players need to study some basic engineering. Might achieve some improvement in the way they play.

Posted by DreamConqueror > 2018-10-01 16:59 | Report Abuse

Mr. YChoong, dude. Invest some time & effort. That is what a serious long term investor always has to do. Scroll back to two weeks ago, and see how much you wud hv been able to get Reach for, that time.

Posted by Nicholasming91 > 2018-10-01 16:59 | Report Abuse

Now many go perdana lol

Posted by Nicholasming91 > 2018-10-01 17:00 | Report Abuse

I heard perdana is not that good . Just ppl goreng only

Jeffrey Ng

490 posts

Posted by Jeffrey Ng > 2018-10-01 17:01 | Report Abuse

3%ROI is cash... 23% is paper profit. Some trade play long term... play long term u need lot of cash, cash being tide up. If play Contra T3, u dun need to spent single cent, when 3rd or 4th day either u gain or lose, lose u pay loses, gain u collect money. Thats y nowaday playing share not like last time, all keep share, holding shares... thats y now have short term, mid term, long term.. eg if theres a share confirm u earn 100% within 2mths time, but the share price cost RM30... see it can get double, but no capital to buy the share, how?? theres no right or wrong to win the ROI 3% or ROI 100%.. as long as trader happy...

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-10-01 17:04 | Report Abuse

Different people have different capacity and objective. As long as make money, thats good no matter small or big. Much better than loss.

ych00ng

54 posts

Posted by ych00ng > 2018-10-01 17:05 | Report Abuse

dream conqueror, i’ve just bought reach’s son today. been holding hibiscus for a long time cuz i know hibiscus still got upside. not so sure about reach’s future so a abit worried.

6257

1,650 posts

Posted by 6257 > 2018-10-01 17:10 | Report Abuse

Wa up 0.010 only

Posted by DreamConqueror > 2018-10-01 17:13 | Report Abuse

Posted by Jeffrey Ng > Oct 1, 2018 05:01 PM | Report Abuse

3%ROI is cash... 23% is paper profit.
____________________________________________________________________

You reckon? Really? Okay, tell me how many fantastic rounds of 3% ROI cash profit hv you made since Reach was @32.5 just two weeks ago.

B4b4

7,593 posts

Posted by B4b4 > 2018-10-01 17:14 | Report Abuse

Reach is good to keep. Buy and hold long term. Oil is soooooo bullish

Posted by DreamConqueror > 2018-10-01 17:23 | Report Abuse

@JeffreyNg.

32.5 was about my average entry price. Two weeks ago, approximately. At 50, I wud be getting 53.8% ROI. Now, with oil going strong, and Reach hvg shown good profit for its latest qrtr, there is not really much danger of any catastrophe in next week or so.

If I can sell @60 nx wk, I'd be getting 91.7% ROI. Now, this is what I call serious OPTIMAL & EFFICIENT game play.

Okay it's still paper prof for now. But 60 next week, or the week after that, for Reach, is now no more 'fantasy', for sure.

But you still want & love your 'real' 3% profit. Okay, you stay happy with that, friend.

Want2Win

2,553 posts

Posted by Want2Win > 2018-10-01 17:27 |

Post removed.Why?

stockraider

31,556 posts

Posted by stockraider > 2018-10-01 17:30 | Report Abuse

Yes go go go $$$$$$$$$$ come in loh...!!

Want2Win

2,553 posts

Posted by Want2Win > 2018-10-01 17:31 |

Post removed.Why?

Posted by DreamConqueror > 2018-10-01 17:39 | Report Abuse

This is roughly Jeffrey Ng's typical weekly game play pattern.

Monday, win 3% at closing. Tuesday, lose 3% at closing. Wednesday, win 3% at closing, Thursday, lose 3% at closing. Friday, lose 3% at closing, becos dare not take position over the weekend.

Overall performance for week: Lose 3%

Overall performance for 4 weeks: Lose 12%

See what I mean?

Want2Win

2,553 posts

Posted by Want2Win > 2018-10-01 17:41 |

Post removed.Why?

RichInv

185 posts

Posted by RichInv > 2018-10-01 17:45 | Report Abuse

Hit n run with perdana today... Good money. Pure luck actually. Bought. 28...sold. 315

Posted by DreamConqueror > 2018-10-01 17:47 | Report Abuse

Posted by bowman > Oct 1, 2018 05:41 PM | Report Abuse

http://www.theedgemarkets.com/article/cover-storydiverging-fortunes-malaysia%E2%80%99s-oil-and-gas-spacs
____________________________________________________________________

Mr. BowMan, dude. You are quoting from an article dated March 31, 2016?

So, when was the last time you took up a bow to hone back your old archery skills? It has really gone a bit rusty now. Or perhaps you are actually a time traveller from another world.

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-10-01 17:50 | Report Abuse

last friday bought reach 44c, monday 49.5c in just 1 day trade. total 200k shares.

see what i mean?


Stock: [REACH]: REACH ENERGY BHD

Sep 29, 2018 07:44 PM | Report Abuse

I have joined reach last Fri with small qty 200k shares only. By mid next year i believe will be 80c

Posted by DreamConqueror > 2018-10-01 17:51 | Report Abuse

This is roughly Jeffrey Ng's typical weekly game play pattern.

Monday, win 3% at closing. Tuesday, lose 3% at closing. Wednesday, win 3% at closing, Thursday, lose 3% at closing. Friday, lose 3% at closing, becos dare not take position over the weekend.

Overall performance for week: Lose 3%

Overall performance for 4 weeks: Lose 12%

And it's REAL loss too, not just paper loss.

See what I mean?

pang72

51,513 posts

Posted by pang72 > 2018-10-01 17:56 | Report Abuse

Reach become Rich!

pang72

51,513 posts

Posted by pang72 > 2018-10-01 17:57 | Report Abuse

Tomorrow become Very Rich!!

Want2Win

2,553 posts

Posted by Want2Win > 2018-10-01 17:59 |

Post removed.Why?

bizzybone

286 posts

Posted by bizzybone > 2018-10-01 18:03 | Report Abuse

To each their own. No right or wrong trading/investing process. Only those that work for each individual.

If someone can make 3% consistently every day, then over time he'll make a lot. Consistent being the operative word.

My approach depends on the stock itself. In this case, Reach was always going to be a long for me as I got in early.

I have both mum and son and I approach them differently.

The son is, for now, tracking the mum in terms of % gain. There will come a point where the son will take off and will trade at a bigger premium, considering expiry is in 2022, 4 years away.

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