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 FortuneBlooming > 2018-10-01 22:28 | Report Abuse

OMG. I'm going to hear that DQ song in my sleep tonite.

GrowingRich

2,753 posts

Posted by GrowingRich > 2018-10-01 22:30 | Report Abuse

Ha ha. Me too.

Franklim1989

1,453 posts

Posted by Franklim1989 > 2018-10-01 22:30 | Report Abuse

Tomorrow sure oil stock rebound,NYS & NYSE index up..oil price also OIL..

Posted by DreamConqueror > 2018-10-01 22:35 |

Post removed.Why?

Posted by DreamConqueror > 2018-10-01 22:44 |

Post removed.Why?

Posted by Nicholasming91 > 2018-10-01 22:47 | Report Abuse

Dude go create a whatsapp group and add us into it

Posted by DreamConqueror > 2018-10-01 22:55 | Report Abuse

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.

B4b4

7,593 posts

Posted by B4b4 > 2018-10-01 23:01 | Report Abuse

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.

Posted by Nicholasming91 > 2018-10-01 23:02 | Report Abuse

Come come more positive comments, reach will reach higher than mount everest googog

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-10-01 23:13 | Report Abuse

80c mid next year, might early than that

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-10-01 23:14 | Report Abuse

retracement would not happen if oil stay above usd80

B4b4

7,593 posts

Posted by B4b4 > 2018-10-01 23:30 | Report Abuse

Hi SuperPanda, 80s mid next year ? No no.....if we looked at 12,000 bpd m by mid next year Reach will easily hit at least RM 1.40

Posted by Nicholasming91 > 2018-10-01 23:31 | Report Abuse

Now retracement temporary. When hit 85usd i think no more retracement

B4b4

7,593 posts

Posted by B4b4 > 2018-10-01 23:31 | Report Abuse

Of course , brent oil is still robust growth

Posted by Nicholasming91 > 2018-10-01 23:32 | Report Abuse

Now oil also alrdy 84. Just one more

Posted by Nicholasming91 > 2018-10-01 23:35 | Report Abuse

When they see the profit exceeed the revenue, confirm burst high up kau kau

pang72

51,513 posts

Posted by pang72 > 2018-10-01 23:50 | Report Abuse

Pensang lo

Posted by Nicholasming91 > 2018-10-01 23:55 | Report Abuse

Oil 84.66 .

Posted by Nicholasming91 > 2018-10-01 23:56 | Report Abuse

If tonight hit 85 we better que for tomorrow before everyone go que hahah

Mustovoi

364 posts

Posted by Mustovoi > 2018-10-02 00:13 | Report Abuse

Oil dont move up too fast....scary lor.... Later if drop 5 dollar per day, everyone cabut like no tomorrow.

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-10-02 02:23 | Report Abuse

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.

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-10-02 02:27 | Report Abuse

but no need to think abt next 3 qtrs now, focus is how oil price will sustain and if current 2am price 84.6 maintain, tomorrow sure >55c

Depeche

4,451 posts

Posted by Depeche > 2018-10-02 03:23 | Report Abuse

Not too late to join the party...cos it only just started.

Alibaba

273 posts

Posted by Alibaba > 2018-10-02 03:49 | Report Abuse

Wow.. Brent Oil almost $86

B4b4

7,593 posts

Posted by B4b4 > 2018-10-02 04:38 | Report Abuse

Oil up 3% ! ! !

likewise

697 posts

Posted by likewise > 2018-10-02 05:45 | Report Abuse

Let's everybody gather in reach, kasi pancut!

Franklim1989

1,453 posts

Posted by Franklim1989 > 2018-10-02 06:02 | Report Abuse

GOOD MORNING GUY,TODAY OIL STOCK MORE THEN CRAZY,BRENT OIL 85...TODAY SURE REBOUND LIKE ROCKET!!!

apple168

6,236 posts

Posted by apple168 > 2018-10-02 06:14 | Report Abuse

Wow! 70 percents gain in this counter! Up up up...

Posted by EngineeringProfit > 2018-10-02 06:19 | Report Abuse

Amazing....

...beyond imagination

Franklim1989

1,453 posts

Posted by Franklim1989 > 2018-10-02 07:20 | Report Abuse

NO MORE MONEY BUY ADY..IF UP LIKE HELL ALSO SEE MOVIE..

B4b4

7,593 posts

Posted by B4b4 > 2018-10-02 07:37 | Report Abuse

Buy and hold long term guys. You sell , you will regret next year !

Shernius

270 posts

Posted by Shernius > 2018-10-02 07:44 | Report Abuse

Today might test 0.58

Posted by Nicholasming91 > 2018-10-02 07:48 | Report Abuse

0.58 alrdy almost 20% wow wow

6257

1,650 posts

Posted by 6257 > 2018-10-02 07:50 | Report Abuse

Nicholasming91-how abt the warrant?

Posted by Nicholasming91 > 2018-10-02 08:05 | Report Abuse

Warrant should worth 0.15 now. But yesterday many profit taker. Later i will get 0.125 if can

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-10-02 08:09 | Report Abuse

Good morning ... all the best to holders today. dont afraid to buy at current price for future growth.

Warrant premium is high but if looking for long term >1 year, it still worth. I forecast will 100% gain by early next year.

Even if it retrace, just hold.

Posted by Nicholasming91 > 2018-10-02 08:15 | Report Abuse

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

nuke

349 posts

Posted by nuke > 2018-10-02 08:37 | Report Abuse

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.

Posted by EngineeringProfit > 2018-10-02 08:39 | Report Abuse

I need to see if the price break and hold above this resistance

Posted by Nicholasming91 > 2018-10-02 08:40 | Report Abuse

Noone can stop the bull

amet2017

3,150 posts

Posted by amet2017 > 2018-10-02 08:41 | Report Abuse

Ini cerita tahun depan yang belum pasti

nuke

349 posts

Posted by nuke > 2018-10-02 08:43 | Report Abuse

“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.

B4b4

7,593 posts

Posted by B4b4 > 2018-10-02 08:45 | Report Abuse

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.

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-10-02 08:47 | Report Abuse

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.

Posted by NORIZANABDULRAZAK > 2018-10-02 08:52 | Report Abuse

Oil 85

Posted by Nicholasming91 > 2018-10-02 08:56 | Report Abuse

Thank u for typing for me . Haha

azrylamyr

203 posts

Posted by azrylamyr > 2018-10-02 09:06 | Report Abuse

break 0.51

oppa

91 posts

Posted by oppa > 2018-10-02 09:08 | Report Abuse

4x son = 1x mother ....buy more son !!!

B4b4

7,593 posts

Posted by B4b4 > 2018-10-02 09:13 | Report Abuse

Brent now is 85 ! Oil is sooooo bullish......

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