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

B4b4

7,593 posts

Posted by B4b4 > 2018-10-05 09:38 | Report Abuse

Brent at rangebound 75-85pb ,Reach will make a handsome profit.

Posted by Microbilis > 2018-10-05 09:51 | Report Abuse

Brent rising back to 85.05..reach will up..but cb sparng and perdana keep floating..who still at that counter will die

Posted by Microbilis > 2018-10-05 09:52 | Report Abuse

Here just hope for oil price up..then all will be good

Franklim1989

1,453 posts

Posted by Franklim1989 > 2018-10-05 10:01 | Report Abuse

Yap..oil price cannot stop keep moving up..but slowly..

Jeffrey Ng

490 posts

Posted by Jeffrey Ng > 2018-10-05 10:03 | Report Abuse

anyone here know anything about barakah?

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

Barakah also same for me..Sohai counter .oil up but counter still float..more like saprng

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

for past few months...folks buy barakah hoping for white knight to appear...strong talks bout going PN17...but i hardly follow it nowadays and with the strong oil momentum, maybe it has found a turn around (??)

my personal view : stay away...many other better oil stocks to play around.

Jeffrey Ng

490 posts

Posted by Jeffrey Ng > 2018-10-05 10:12 | Report Abuse

thats mean basically OG left REACH & HIBISCUS can invest only??

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

what is ur risk profile? long term or wanna play contra (and hope for the best?)

there are a few oil players here..

dayang, velesto, icon, barakah, dnex(not fully)...etc etc...

but wanna talk decent fundamentals...then yes..i personally will go reach and hibiscus...

Do our own homework properly first...and invest wisely

Posted by WormEat Shark > 2018-10-05 10:32 | Report Abuse

For this stock, why it will shoot up?
1.) Marketing Trend?
2.) Making Profit?
3.) Good Future?
4.) Oil Price?

Hahahahahahahahahahahahahaha

VFTRADER

788 posts

Posted by VFTRADER > 2018-10-05 10:35 | Report Abuse

buy low sell high. opportunity...

VFTRADER

788 posts

Posted by VFTRADER > 2018-10-05 10:36 | Report Abuse

how low is low & how high is high???
For contra kaki.....

Franklim1989

1,453 posts

Posted by Franklim1989 > 2018-10-05 10:40 | Report Abuse

Wow..good..0.475 can but it..OIL price will shooting up again..

Posted by Jonathan Keung > 2018-10-05 10:41 | Report Abuse

Donald will be dump by its own Republican party

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-10-05 10:46 | Report Abuse

Bought again 475

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-10-05 10:47 | Report Abuse

Will collect again if 44

Posted by Nicholasming91 > 2018-10-05 10:48 | Report Abuse

Rule 1 : never buy stocks with huge debt.

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

CB so luck who buy at 47.5..

Posted by Microbilis > 2018-10-05 10:50 | Report Abuse

44 can get at 85 brent?could be big shark here if happen

Jeffrey Ng

490 posts

Posted by Jeffrey Ng > 2018-10-05 10:51 | Report Abuse

one thing dont understand!! how can a company making profit buy the share price keep going down? also, when the brent oil keep increase, and why the stock price still continue going down? Must be something happening in between... esp the OG Market in Malaysia now.. somekind of policy happen???

B4b4

7,593 posts

Posted by B4b4 > 2018-10-05 10:52 | Report Abuse

Just relax Jeffrey Ng, nothing happen. Brent price still above 80

Posted by WormEat Shark > 2018-10-05 10:54 | Report Abuse

Posted by Jeffrey Ng > Oct 5, 2018 10:51 AM | Report Abuse

one thing dont understand!! how can a company making profit buy the share price keep going down? also, when the brent oil keep increase, and why the stock price still continue going down? Must be something happening in between... esp the OG Market in Malaysia now.. somekind of policy happen???

========================================

The profit not come from oil. Is came from Foreign Gain/Loss :)

godhand

1,945 posts

Posted by godhand > 2018-10-05 10:55 | Report Abuse

the more i read the more funny it becomes

B4b4

7,593 posts

Posted by B4b4 > 2018-10-05 10:56 | Report Abuse

Reach is making profit, so relax and stay cool.

Posted by wilsonchan87 > 2018-10-05 10:56 | Report Abuse

Q result in end Nov 2018 estimate will still red.

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-10-05 11:07 | Report Abuse

its all abt sentiment mah.. anything can happen. even 40c also possible. already 100% up and retrace 10-30% is normal.

if hits 44, it will test your nerve. if you out of capital then your nerve will start to shrink

and then when it drop more turning your profit from green to red, there where you cannot tahan and cut loss
______________________________
Microbilis 44 can get at 85 brent?could be big shark here if happen

SuperPanda

11,431 posts

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

as you can see, even i dont say bad abt ths counter, it still can drop no matter how much you try to promote it.. its not comment drive the price.

so you know the so call guardian here hyphothesis on the bad comment effect the sentiment, you can put that hyphothesis right down to the drain.

Posted by Microbilis > 2018-10-05 11:14 |

Post removed.Why?

Jeffrey Ng

490 posts

Posted by Jeffrey Ng > 2018-10-05 11:22 | Report Abuse

drop back to 30s is impossible la.. but drop futher more that will.... brent oil is not playing a role here right now..

Sky88

230 posts

Posted by Sky88 > 2018-10-05 11:27 | Report Abuse

Afternoon will be up back, let's see

Posted by Nicholasming91 > 2018-10-05 11:32 | Report Abuse

Retracement . Will go up takes time. Dont worry and relax

txfs

84 posts

Posted by txfs > 2018-10-05 11:32 | Report Abuse

It is merely a healthy correction currently. Just remember that even if oil stay at current price, 85 USD, Reach still can make lots of money. Reach has the potential to ramp up production to 5000 bpd and further to 12000 bpd when central processing facility is completed in the near term. Reach has bigger oil reserve compared to Hibiscus and a massive gas reserve, which has yet to be extracted to preserve the value.

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-10-05 11:37 | Report Abuse

the 12k bpd i have shares my thought which will possible to see 5 qtrs from now.. so still far away and a lot of things can happen

just focus on from 2.9k to 3.9k by end year and towards 5k bpd which is practically achievable by 1Q19.

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-10-05 11:38 | Report Abuse

and comparing reach with hibs is not apple to apple bcoz reach currently only hold one asset

Posted by WormEat Shark > 2018-10-05 11:39 | Report Abuse

hahahahahahahaha

BillyK

570 posts

Posted by BillyK > 2018-10-05 11:40 | Report Abuse

high brent oil price but low production
what is the benefits

Posted by Jonathan Keung > 2018-10-05 11:43 | Report Abuse

depends which one is the turnaround story

BillyK

570 posts

Posted by BillyK > 2018-10-05 11:45 | Report Abuse

just one good goring story

Posted by WealthSoWonderful > 2018-10-05 11:50 | Report Abuse

https://www.smh.com.au/business/markets/fridays-rout-on-wall-street-is-this-the-start-of-something-big-20180203-h0t3n8.html

Salient excerpts #1:
"But it's definitely not the end of the bull market," Schulze said. "In order to see the end of the bull market, you need to see the US go into a recession. We have an economic dashboard at Clearbridge, 12 variables that have done a very good job of foreshadowing an economic downturn. Out of the 12 variables, only one of them is flashing any type of caution."

Salient excerpts #2:
"The underlying strength of the economy is still healthy. The overall level of interest rates is still quite low. If anything, we're surprised that it took so long for us to get a 3, 5 per cent correction in the market," said Evan Brown, New York-based director of asset allocation on the investment solutions team at UBS Asset Management, which oversees $US776 billion.

Posted by GoldenHarvest1 > 2018-10-05 12:09 | Report Abuse

Brent ignoring Wall Street

Posted by Microbilis > 2018-10-05 12:16 | Report Abuse

So desperate..3feb news show today for what..haha

Want2Win

2,553 posts

Posted by Want2Win > 2018-10-05 12:25 |

Post removed.Why?

B4b4

7,593 posts

Posted by B4b4 > 2018-10-05 12:30 | Report Abuse

4 th Nov, Iran sanctions begin. Then oil price........?

GrowingRich

2,753 posts

Posted by GrowingRich > 2018-10-05 12:36 | Report Abuse

DJ will recover

pang72

51,510 posts

Posted by pang72 > 2018-10-05 12:51 | Report Abuse

Dragon,
Open table here kah

Sky88

230 posts

Posted by Sky88 > 2018-10-05 12:52 | Report Abuse

Now brend back to 85

Posted by FortuneBlooming > 2018-10-05 12:55 | Report Abuse

Brent still strong. It's shrugging off the Dow rout.

pang72

51,510 posts

Posted by pang72 > 2018-10-05 13:00 | Report Abuse

Ooo..
That musang genting....

pang72

51,510 posts

Posted by pang72 > 2018-10-05 13:00 | Report Abuse

Many stuck in oil stocks...

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