REACH ENERGY BHD

KLSE (MYR): REACH (5256)

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Last Price

0.02

Today's Change

0.00 (0.00%)

Day's Change

0.02 - 0.02

Trading Volume

350,000


9 people like this.

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

Alibaba

273 posts

Posted by Alibaba > 2018-10-04 01:38 | Report Abuse

Brent Oil $86.50 now

B4b4

7,593 posts

Posted by B4b4 > 2018-10-04 03:00 | Report Abuse

Oil rally is very strong. Oil market 'fever' is just pushing prices up and up. Looked like 100 pb is becoming a reality. Reach Energy will make more and more profit.

hello0309

41 posts

Posted by hello0309 > 2018-10-04 06:57 | Report Abuse

together we "reach"

Posted by Jonathan Keung > 2018-10-04 07:04 | Report Abuse

brent touching > usd 86

Franklim1989

1,453 posts

Posted by Franklim1989 > 2018-10-04 07:35 | Report Abuse

I also canot believe it OIL PRICE keep moving up not effect by (USD and EIA America oil saving UP)IF USD down and EIA down sure oil price currently stay at 80 above...

Posted by Nicholasming91 > 2018-10-04 08:25 | Report Abuse

Brothers, prepare to fly . Speculation gone, break resistance

6257

1,650 posts

Posted by 6257 > 2018-10-04 08:38 | Report Abuse

WA 0.150 today

Kang Yoon

83 posts

Posted by Kang Yoon > 2018-10-04 08:39 | Report Abuse

Buy REACH Confirm RICH

L2earn

349 posts

Posted by L2earn > 2018-10-04 08:53 | Report Abuse

Joker?
Franklim1989 OIL PRICE 76.50..
04/10/2018 01:37

Shernius

270 posts

Posted by Shernius > 2018-10-04 08:56 | Report Abuse

@L2earn, he meant for crude oil wti.. Go read up.. Lol

L2earn

349 posts

Posted by L2earn > 2018-10-04 09:05 | Report Abuse

oh, Brent, Crude, which one should be referred?

Posted by Machinecat > 2018-10-04 09:11 | Report Abuse

Brent

speakup

27,019 posts

Posted by speakup > 2018-10-04 09:11 | Report Abuse

For Reach & Sumatec, follow Brent.
Not sure about Hibiscus.

Posted by WormEat Shark > 2018-10-04 09:17 | Report Abuse

0.44 :)

speakup

27,019 posts

Posted by speakup > 2018-10-04 09:19 | Report Abuse

Reach hard to up coz a lot of short term punters instead of real investors

L2earn

349 posts

Posted by L2earn > 2018-10-04 09:21 | Report Abuse

and seems these short term punters are loaded, able to take control. May be not punters but rather some "real" investors wanted to collect more and cheaper?

Jeffrey Ng

490 posts

Posted by Jeffrey Ng > 2018-10-04 09:23 | Report Abuse

look at the value of the company instead of the stock price... stock price cant seem to be accurate. even how many short term trade or contra player trades.. if the company doing good, make more profit eventually the stock price will raise.. esp now the brent oil is increasing all the time. Definitely the price will go up.. just need to wait & break the resistance

Posted by EngineeringProfit > 2018-10-04 09:25 | Report Abuse

INVEST LONG WITH CONVICTION FOR WEALTH

speakup

27,019 posts

Posted by speakup > 2018-10-04 09:27 | Report Abuse

for share price to up, need genuine investors, those willing to hold months or years or decades (not short term punters who hold for hours, days, weeks).

B4b4

7,593 posts

Posted by B4b4 > 2018-10-04 09:41 | Report Abuse

Reach NTA is 74s whereas Hibiscus NTA is only 63s. Hence, Hibi is overvalued at RM 1.28 whereas Reach is undervalued at on 50s. Buy Reach and wait long term , the day will come with 12,000 bpd when CPF is completed

TheContrarian

9,497 posts

Posted by TheContrarian > 2018-10-04 09:48 | Report Abuse

Speakup, heavy presence of punters/contra players only started about a week ago. Sometime last week there were only six active people on this forum.

Posted by WormEat Shark > 2018-10-04 09:55 | Report Abuse

Yes. I love REACH. But if you have deep research on REACH, you will notice reach not doing well. Have a lot debts and last quarter profit is not from their main businesses. It is from Foreign Gain/Loss. If you trust REACH, REACH does not worth at current price. REACH will push to 0.5 is because of punters/contra players. Real investor won't buy at high price, just wait until T3 and T4 then you will see the price real or not. But, I also hope that all short term, mid term, long term players take profit. Contra player just becareful, you can gain more and can lose more.

B4b4

7,593 posts

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

Why run to Hibi? It should be the other way round, Chua Joe Beng. Hibi 2 lots can buy 5 lots of Reach.

B4b4

7,593 posts

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

Reach has lots of Brent oil in the ground, the size slightly bigger than Singapore.

samuel

659 posts

Posted by samuel > 2018-10-04 10:29 | Report Abuse

@superpanda, did get my email? Thx

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-10-04 10:42 | Report Abuse

ok get it. msg u later.

Posted by The speculators The speculators > 2018-10-04 10:51 | Report Abuse

Foreign gain also ok ma, as long still under reach

Posted by The speculators The speculators > 2018-10-04 10:52 | Report Abuse

Next qr also will be Doing well , With their foreign gaining double or triple

Posted by The speculators The speculators > 2018-10-04 10:52 | Report Abuse

Next qr also will be Doing well , With their foreign gaining double or triple

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-10-04 11:00 | Report Abuse

reach upside is bigger than hib, but need patient

some people doing day trade or short trade, so depends what your trade strategy.. after all its your own money

L2earn

349 posts

Posted by L2earn > 2018-10-04 11:05 | Report Abuse

anyone can comment about DNEX?

speakup

27,019 posts

Posted by speakup > 2018-10-04 11:30 | Report Abuse

Dnex is not pure O&G company. It has 15% stake in Anasuria oilfield in UK. Hibiscus own 50% of Anasuria.

speakup

27,019 posts

Posted by speakup > 2018-10-04 11:30 | Report Abuse

Dnex also do IT as well as Engineering, apart from O&G

speakup

27,019 posts

Posted by speakup > 2018-10-04 11:32 | Report Abuse

but if u noticed Dnex fell quite a lot after GE14 cos it is a BN related company.

speakup

27,019 posts

Posted by speakup > 2018-10-04 11:34 | Report Abuse

Anasuria is the gem of Hibiscus, that's what been driving up Hibiscus like crazy

Run Bull

238 posts

Posted by Run Bull > 2018-10-04 11:35 | Report Abuse

For those who wait at 0.44c. I'm so sorry.. I don't think so.. Maybe u guys should look & shift to sprng counter..

Shernius

270 posts

Posted by Shernius > 2018-10-04 11:51 | Report Abuse

Brent might hit $87 soon

B4b4

7,593 posts

Posted by B4b4 > 2018-10-04 12:18 | Report Abuse

Reach has so many reserves of oil and gas. Just buy and keep long term and wait for oil production of 12,000 bpd

asd88

809 posts

Posted by asd88 > 2018-10-04 14:39 | Report Abuse

@kk1kk1, help yourself

6257

1,650 posts

Posted by 6257 > 2018-10-04 15:02 | Report Abuse

Buy be4 late

B4b4

7,593 posts

Posted by B4b4 > 2018-10-04 15:04 | Report Abuse

It is moving up now.

L2earn

349 posts

Posted by L2earn > 2018-10-04 15:04 | Report Abuse

it's moving because I just sold?
damn it, it's also like that......

B4b4

7,593 posts

Posted by B4b4 > 2018-10-04 15:04 | Report Abuse

Reach, Hibi, Sapura the three darling og stocks are moving up simultaneously

Posted by Microbilis > 2018-10-04 15:13 | Report Abuse

If think this oil counter exp..go to perdana..still cheap..better then that Sohai saprng

Jeffrey Ng

490 posts

Posted by Jeffrey Ng > 2018-10-04 15:14 | Report Abuse

perdana is not moving at all... it just floating there.. cant wake up..

Jeffrey Ng

490 posts

Posted by Jeffrey Ng > 2018-10-04 15:27 | Report Abuse

anyone red the news? regarding although oil prices have rebounded sharply, but OG contracts have only recovered in 2years time.

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-10-04 15:57 | Report Abuse

perdana going to cash call soon. private placement. might have knee jerk effect.

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-10-04 15:58 | Report Abuse

same with barakah

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