Posted by pang72 > 2018-10-05 17:00 | Report Abuse

Correction come!!

Posted by pang72 > 2018-10-05 17:01 | Report Abuse

Finally....

Posted by Jeffrey Ng > 2018-10-05 17:01 | Report Abuse

i believe next monday open will be lower..

Posted by WealthSoWonderful > 2018-10-05 17:09 | Report Abuse

Dark clouds don't last forever. Next week will bring sunshine.

Posted by Want2Win > 2018-10-05 17:12 |

Post removed.Why?

Posted by SuperPanda > 2018-10-05 17:15 | Report Abuse

Depends on then wind

Posted by FortuneBlooming > 2018-10-05 17:22 | Report Abuse

O&G is eventually going to disengage from DJIA & KLCI. Becos these do not really dictate the profitability of O&G. O&G is not like infrastructure, construction, manufacturing etc. The major impactor for O&G is only oil price.

Posted by GrowingRich > 2018-10-05 17:26 | Report Abuse

Bright sun brings fair winds

Posted by Want2Win > 2018-10-05 17:52 |

Post removed.Why?

Posted by Nicholasming91 > 2018-10-05 17:54 | Report Abuse

80 is a wet dream. Hehehhe next week will fly fly fly. No such thing as up forever, sure got up and down. Those who prevail will be rewarded !

Posted by DreamConqueror > 2018-10-05 18:30 | Report Abuse

No, it's not a wet dream, Nicholas. Becos Reach is on a real turnaround, with production steadily growing. Just two months ago, if someone said Reach can hit 52 in October, you'd hv told them it's a so called 'wet dream'. But now, no more. It did that a few days ago.

This year is not like 2013 - 2014. That time oil was already at peak. This time, it's just beginning an upsurge. And there is also no danger of Saudi-OPEC making another stupid-ridiculous-suicidal price dropping strategy. They hv already learnt their painful lesson, big time. The conditions are completely different.

Now guys are talking US$100 oil. Pretty soon, they'll be talking US$110. You don't believe me, you just wait & see.

Posted by DreamConqueror > 2018-10-05 18:41 | Report Abuse

Perhaps Saudi-OPEC was conned by the Americans into that idiotic, high prod low price strategy, that time. Maybe the Yanks told them that their rivals like Russia wud be hit & injured, when in actual fact it was the Americans who gained the most from cheap oil.

Who knows.

Posted by Nicholasming91 > 2018-10-05 18:48 | Report Abuse

Yea i think they kena conned by US also . 2013-2014 price can go to 130 .. so will this happen in 2019..?

Posted by musangfoxking > 2018-10-05 20:41 | Report Abuse

DreamConqueror doesnt have wet dream? u never fantazise?

Posted by B4b4 > 2018-10-05 21:52 | Report Abuse

Oil prices must not go up too fast. This will have negative impart on global economies and will resulted in reduce demand for oil. It is best for Brent to stabilise at 75-85 pb. However, EM, Dow and HSI must also stabilise. This will be good for ALL.

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

Yes. Go up , drop a bit , go up again , drop a bit . No such thing as overnight rise. Life has ups and downs too ;)

Posted by SuperPanda > 2018-10-05 22:25 | Report Abuse

i hve 300k shares now

Posted by GoldenHarvest1 > 2018-10-06 00:03 | Report Abuse

That's quite a bit

Posted by GoldenHarvest1 > 2018-10-06 00:04 | Report Abuse

Wait. 300k shares, meaning 300,000 lots, or 300,000 units?

Posted by Nicholasming91 > 2018-10-06 00:17 | Report Abuse

Should be units

Posted by GoldenHarvest1 > 2018-10-06 00:23 | Report Abuse

That was what I was thinking. So, 3,000 small lots, or 300 big lots. Okay.

Posted by BountyOfTheBourse > 2018-10-06 00:27 | Report Abuse

Yesterday's DJ drop of 200+ was less than 1%. Reach should not hv dropped 5%. Complete over-reaction. Panic selling by contra players mostly, quite likely. Especially when Brent is now going so strong.

Posted by Nicholasming91 > 2018-10-06 07:13 | Report Abuse

Brent fell a bit back to 84.00

Posted by SuperPanda > 2018-10-06 07:29 | Report Abuse

No need to track DJ or oil price everyday. Just calculate it earnings based on 70usd and at 3k barrel and you can tell what is the fair value for evry qtr coming.

Posted by SuperPanda > 2018-10-06 07:35 | Report Abuse

75usd - 85usd would be reasonable range so 70usd is firm value. above 70 is bonus. above 90 is histeric.

Posted by pang72 > 2018-10-06 07:48 |

Post removed.Why?

Posted by EngineeringProfit > 2018-10-06 08:11 | Report Abuse

Ok.....will watch to buy back coming week(s)

Posted by B4b4 > 2018-10-06 08:27 | Report Abuse

Oil price still good ie rangebound 75-85, Dow just a little correction which is good. Lets see next week trading especially Shanghai Index after a week long holiday.

Posted by pang72 > 2018-10-06 08:39 |

Post removed.Why?

Posted by pang72 > 2018-10-06 08:41 |

Post removed.Why?

Posted by amet2017 > 2018-10-06 08:52 | Report Abuse

Turun 40 sen hang kecut, tunggu 30 sen pulak. Bila pecut naik 50 sen, hang gigit jari mula la sebar berita palsu

Posted by pang72 > 2018-10-06 09:09 | Report Abuse

Musang,
My wish and your wish coming true.

Pang sai now!

Posted by pang72 > 2018-10-06 09:10 |

Post removed.Why?

Posted by pang72 > 2018-10-06 09:11 |

Post removed.Why?

Posted by pang72 > 2018-10-06 09:15 | Report Abuse

Why not le?

Posted by pang72 > 2018-10-06 09:15 | Report Abuse

Every one happy

Posted by pang72 > 2018-10-06 09:16 |

Post removed.Why?

Posted by pang72 > 2018-10-06 09:17 | Report Abuse

I don't like to use Pang sai except you!!

Posted by pang72 > 2018-10-06 09:17 |

Post removed.Why?

Posted by pang72 > 2018-10-06 09:20 | Report Abuse

It is Reach. But not me!

Posted by pang72 > 2018-10-06 09:22 | Report Abuse

Haha....
Always...
Thank you

Posted by pang72 > 2018-10-06 09:23 | Report Abuse

Many will thanks me!!

Posted by Jeffrey Ng > 2018-10-06 09:32 | Report Abuse

if DJIA continue to drop on Monday... for sure REACH going to drop another 5% again.. For those earning profit should sell it and wait it back to 40s and re accumulate again.

Posted by pang72 > 2018-10-06 09:37 | Report Abuse

Jeffrey,
You put honest comments will screw by Musang.

Posted by pang72 > 2018-10-06 09:40 | Report Abuse

Better be liar!

Posted by SuperPanda > 2018-10-06 09:45 |

Post removed.Why?

Posted by Jeffrey Ng > 2018-10-06 09:45 | Report Abuse

liar or fact... inside everybody heart will know it... as usual.. thats human being... when buy a share drop from profit to lose, u holding then u said u are long term holder.. when u buy n shoot for profit then u said u are speculator play short term.. This is the market!! sometime no need to study and we did have some common sense too.. especially the market now we all can see.. holding cash is the power now..

Posted by Nicholasming91 > 2018-10-06 09:46 | Report Abuse

Wa like that say hibiscus also drop back to 1.00 lol

Posted by Jeffrey Ng > 2018-10-06 09:53 | Report Abuse

no doubt.. yesterday DJIA drop another 180++ index again.. u see la.. Monday definitely again red sea.. can run better run.. those doing contra all lose badly.. the market is really no good.. why still be stubborn keep for it when u have profit now?? If the market turn bull again, we always can enter again n seek for better prospect

Posted by Nicholasming91 > 2018-10-06 09:58 | Report Abuse

U sold all ur shares mei, haha bought low no need worry . Buy high those only worry