Posted by Nicholasming91 > Oct 1, 2018 10:28 PM | Report Abuse
Im really proud that this counter has no negative comments. No arguments, just rich reach people lol ______________________________________________________________________
If someone comes up with some negative crap, becos he's a Johnny-come-lately & he wants to drag the price down, we'll just fukk him & shit on him, all right.
Reach Energy has tremendous potential to move up multiple times simply because of Emir-Oil region has a land area slightly bigger than Singapore ! The Oil block area in Kariman and North Kariman is indeed very rich in high grade Brent oil. With the TPP approval by the Kazakhstan govt. Reach will be able to increase the oil production much more. Soon, Reach have the capacity to hit 12000-20000 bpd.
B4b4, price up now mere on oil price rally and trial news... projected prod by end year 3.9k bpd @ 34% increase and gradually up to 5k from its only asset. So next qtr might be 14m and early 2019 would be 72% increase @ 19m.
the 12k bpd CPF only projection commission in 3Q19 (only commisioning), so actual prod may only happen in 4Q19 and contribute at 1Q20.
i do believe its future growth but 5 qtrs ahead still too far to tell.
based on next 3 qtrs earning if i take 44m, if rolling to 4 qtrs, minus 21m loss, profit = 23m eps stand 0.021, at 80c, pe is 38.
Premium just indicate the votality of the stock. But in such condition OnG is super bullish doesnt affect. Only small retracement of 0.05-0.1 cent so no worries
KUALA LUMPUR: S&P Global Ratings has revised the benchmark Brent crude forecast to US$70 per barrel next year as it is unlikely to hold firm above US$80, weighed by supply concerns.
“Looking at the Brent crude futures curve, it remains on a downward trend, not to mention, traders and oil professionals are a little bit sceptical about the ability of oil prices to hold firm,” he said.
Selagi harga minyak dalam lingkungan 70 keatas, lebih kurang Reach dapat keuntungan. Semoga moga nya, Reach akan dapat keuntungan yang lumayang dan terus maju ke hadapan.
Premium is the diff between its price + exercise price - underlying stock price . If +, it in the money and vice versa.
If the warrant expired tomorrow, current value is out of money, you warrant is worthless if not converted. Gbgaqrs WA for example where lot people losing money.
Thanks for your effort to answer but still lack of content. Keep learning and you will be better in trade.
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....
FortuneBlooming
4,108 posts
Posted by FortuneBlooming > 2018-10-01 22:28 | Report Abuse
OMG. I'm going to hear that DQ song in my sleep tonite.