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 15:59 | Report Abuse

Brent Oil still moving up. $86.37 now

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-10-04 16:05 | Report Abuse

its their share mah, let them be. if no one sell how u can buy.
__________________

deMusangking jus sold? only sohai does that!

B4b4

7,593 posts

Posted by B4b4 > 2018-10-04 16:19 | Report Abuse

Old news L2earn

Jeffrey Ng

490 posts

Posted by Jeffrey Ng > 2018-10-04 16:30 | Report Abuse

feel like lately OG stock not much movement even the brent oil keep increasing... anyone know anything happen?

L2earn

349 posts

Posted by L2earn > 2018-10-04 16:36 | Report Abuse

no worry, usually after I sell a counter, that counter will fly next day. So be patient, wait for tomorrow, ok

Posted by WealthSoWonderful > 2018-10-04 17:21 | Report Abuse

Good closing

Want2Win

2,553 posts

Posted by Want2Win > 2018-10-04 17:31 |

Post removed.Why?

B4b4

7,593 posts

Posted by B4b4 > 2018-10-04 18:05 | Report Abuse

Not bad. Closing 50s. Now Reach can move to 60s very soon as Brent moves up to 100 pb

Posted by EngineeringProfit > 2018-10-04 18:05 | Report Abuse

Wow....

acadi

314 posts

Posted by acadi > 2018-10-04 18:33 | Report Abuse

Price of Reach would most likely stay range bound between .50 to .59 until oil price can show stability at around Usd80 to usd85 and Reach can show production inching to 4000 bpd...stay vigilant..

Posted by GoldenHarvest1 > 2018-10-04 18:44 | Report Abuse

If range bound, then can play in and out, in and out.

Posted by FortuneBlooming > 2018-10-04 19:02 | Report Abuse

Could come faster than we think

Posted by Nicholasming91 > 2018-10-04 19:14 | Report Abuse

I dont think saudi nor russia has good relationship with the US to do a private deal. Like, never. Cyka blyat to USA

Posted by Nicholasming91 > 2018-10-04 19:15 | Report Abuse

Reach is like an atomic bomb, first round booom landed , second is the real deal of shockwavess . Price go up up up

B4b4

7,593 posts

Posted by B4b4 > 2018-10-04 19:22 | Report Abuse

Reach moves like tsunami

GrowingRich

2,753 posts

Posted by GrowingRich > 2018-10-04 19:25 | Report Abuse

US is only testing the effectiveness of their political pressure. But Saudi-OPEC is now allied with Russia in O&G. If they both don't want to kowtow to US regarding oil production & oil price, there is not that much that US can do.

Want2Win

2,553 posts

Posted by Want2Win > 2018-10-04 20:04 |

Post removed.Why?

Posted by BountyOfTheBourse > 2018-10-04 20:10 | Report Abuse

Donald Trump is not that powerful. Not to the point that he can control & dictate everything on this planet. He can even be impeached before his term ends.

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-10-04 20:34 | Report Abuse

Everybody so +ve on oil price rally which i also agree, but im always keeping half of my fund to be used during bad market.

If anything struck the market, the one whom all in will stuck like what happen in 1H18 and those with cash can bottom fish with huge profit ever later.

drgondrong

135 posts

Posted by drgondrong > 2018-10-04 20:57 | Report Abuse

I agree w panda

B4b4

7,593 posts

Posted by B4b4 > 2018-10-04 21:06 | Report Abuse

Relax and stay cool

LEEKS7

161 posts

Posted by LEEKS7 > 2018-10-04 22:23 | Report Abuse

Yupe .. will wait till next quarterly result .. end Nov, 60cts coming soon

hello0309

41 posts

Posted by hello0309 > 2018-10-04 22:24 | Report Abuse

we are "reach"!!!

Posted by Nicholasming91 > 2018-10-04 22:26 | Report Abuse

Next QR is end of Nov.

Franklim1989

1,453 posts

Posted by Franklim1989 > 2018-10-04 22:55 | Report Abuse

Until new years still got 2 QR...hope got big Angpow...

Posted by Nicholasming91 > 2018-10-04 23:27 | Report Abuse

Now alrdy big angpau.... june to sept profit should be good . If sept till dec brent remains 80 .. huge profit will surge. But have to wait till february for QR.

GoodBoy

6,594 posts

Posted by GoodBoy > 2018-10-04 23:51 | Report Abuse

Reach could be technically bullish, fundamentally overpriced ...

Posted by GoldenHarvest1 > 2018-10-04 23:56 | Report Abuse

I don't care about all that jargon. If something can move forward, that is all that matters to me. Perception is the name of the game, not fundamentals.

Posted by Richard KH Wong > 2018-10-05 00:06 | Report Abuse

buy reach-wa at 0.13

.

Posted by Nicholasming91 > 2018-10-05 00:06 | Report Abuse

Oil price retreat a bit . Takes time to climb to 100 hehe

Posted by GoldenHarvest1 > 2018-10-05 00:09 | Report Abuse

The important thing is to get in early when something looks promising, and the conditions & environment are also looking right. And that is what I have done.

While so called 'fundamentals' are also very subjective, depending a lot on the person doing the evaluation, his assumptions etc. The Reach Overview page, for example, says that Reach's TP is 32. But Reach is now 50. That does NOT mean that Reach is so called 'fundamentally overpriced'. It just means that the person making the TP has not updated his TP to take into account Reach's recent turnaround & latest developments in oil.

You can wait for another 'fundamentally right-priced' stock, GoodBoy. But it looks to me like you have already missed the Reach boat. And you're now crying sour grapes.

692718720

2,079 posts

Posted by 692718720 > 2018-10-05 00:15 | Report Abuse

0.26 to 0.5
Time to rest ....

Wait for nx push

GoodBoy

6,594 posts

Posted by GoodBoy > 2018-10-05 00:18 | Report Abuse

Wish u make more money ... I m happy for u, no envy from me ... Cheers ...

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-10-05 00:49 | Report Abuse

come on, stock market have many opportunities.. it doesnt mean you missed the bus now you cannot make money bigger than the earlier bird

those hold 10k shares at 24c may now hold 100% profit.. if convert to money would be rm2.4k. it sounds great rite? but those come later if he bought at 34c with 50k shares will earn rm7k.

at the end its only abt how much money you made that counts.

of course bigger capital comes with bigger risk but this example is to show late comer would not always late at all if he knows how to put their capital at the right stock

another scenario, the person whom hold 10k shares at 24c may hold another 2 stocks at a time and out of that 3 only 1 is perform, the other 2 is losing... success rate is 1/3... but the late comer whom hold 10k shares at this counter only, have 1/1 success rate, which is better off than the first.

B4b4

7,593 posts

Posted by B4b4 > 2018-10-05 06:29 | Report Abuse

Brent down a little bit but still hover above 80 ie 84.88 pb. At this price, Reach make profit. Stay cool and relax.

Posted by Nicholasming91 > 2018-10-05 07:26 | Report Abuse

Down because of hike rate only.. tmr will recover

B4b4

7,593 posts

Posted by B4b4 > 2018-10-05 07:41 | Report Abuse

REACH earnings will surely be much better than the previous because of two reasons, 1. Brent is above 80 pb and 2. Oil production will increase due to TPP recent approval by the authority.

osseng74

114 posts

Posted by osseng74 > 2018-10-05 07:58 | Report Abuse

IPO is how much?

bushtrump

151 posts

Posted by bushtrump > 2018-10-05 08:03 | Report Abuse

Oil falling. Close shop.

Posted by Nicholasming91 > 2018-10-05 08:22 | Report Abuse

Brothers, come out and bash this trump

Franklim1989

1,453 posts

Posted by Franklim1989 > 2018-10-05 08:22 | Report Abuse

REACH IPO之前是0.750..
油价下跌是暂时性的,因为美国将在04/11霸道自行终止伊朗出口油到各国的管道,美国也在这几天威胁沙特阿拉伯也就是OPEC组织的领导增加产量来尼补伊朗被终止出口的产量,这样会导致伊朗和沙特阿拉伯的关系更僵的局面,美国也在昨天终止和伊朗的友好,所以这样一来油价将会被这乱局势给推上更高的价钱,所以油价下跌是短暂的。

Franklim1989

1,453 posts

Posted by Franklim1989 > 2018-10-05 08:31 | Report Abuse

Trump is helping us..lol..he sure wanna make oil price fly new high..because America also become Biggest O&G production country..higher oil price will beneficial to america..

B4b4

7,593 posts

Posted by B4b4 > 2018-10-05 08:37 | Report Abuse

Brent price rebounded, now at 85.01 pb, still moving upwards this morning . Buy , hold and keep your Reach shares. You sell , you might not get this cheap anymore .

Posted by stockholm999 > 2018-10-05 08:43 | Report Abuse

i keeping it. sure will make some price correction de ma. u tot everyday 过年咩.keep up up up up up

Posted by Nicholasming91 > 2018-10-05 08:57 | Report Abuse

Trump sleeping , oil price increase. Simple

Turnaround

288 posts

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

Buy and keep, just like buy at .30 last time and keep now won't regret

Jeffrey Ng

490 posts

Posted by Jeffrey Ng > 2018-10-05 09:15 | Report Abuse

today can get some cheap stock for reach... US market drop a lot yesterday, HSI drop as well, more or less will affect all the industries..

Jeffrey Ng

490 posts

Posted by Jeffrey Ng > 2018-10-05 09:36 | Report Abuse

hi guys n sifu, as the the price now.. i bought wa @ 110... now 115, should i sell the wa to buy mother or continue to keep the son better??

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