REACH ENERGY BHD

KLSE (MYR): REACH (5256)

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Last Price

0.02

Today's Change

-0.005 (20.00%)

Day's Change

0.02 - 0.025

Trading Volume

381,700


9 people like this.

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

MoneyAndHoney

2,479 posts

Posted by MoneyAndHoney > 2018-10-20 15:37 | Report Abuse

Naah, govt related stocks are tough to predict, in terms of their movement. Overly unpredictable & excessively prone to speculations this way & that.

O&G easier to play, becos Brent can serve as reasonable indicator. Just avoid the companies with major unmanageable debt problems.

Posted by Nicholasming91 > 2018-10-21 00:12 | Report Abuse

Lol u think saudi and opec cares ? Brent has higher demand than crude.

Posted by DreamConqueror > 2018-10-21 01:26 | Report Abuse

Saudi-OPEC-Russia is just playing a clever game now. They're just soothing & calming Donald Trump with US$80 Brent for a while. Essentially, what they're doing is controlling the price at around that US$80 level. Becos DT is kind of a bit of uncomfortable with US$85 Brent.

But this is just something temporary. When things hv cooled down enough, Saudi-OPEC-Russia will just be going back to their old stuff again. Letting oil gradually rise again.

Posted by DreamConqueror > 2018-10-21 01:50 | Report Abuse

It's like, your customer is now upset becos the latest price of your product is now too high, at least in his view. So, what do you do. You gv him a lttle discount, just to pacify him for a while. But it can't last forever, becos you're a businessman, running your own company, right.

So, when the dust has kind of settled a little, and he begins accepting the new reality, you slowly increase your price again.

Posted by Nicholasming91 > 2018-10-21 11:29 | Report Abuse

Oil industry has high operating cost, they have not been earning for 4 years. Do u think they want to stay in low price forever ? No ! Country need money to survive the economy, And especially in the future where oil will be replaced and depleted, the Saudi,Qatar,UAE will earn money from oil to develop infrastructures and techonologies, in preparation for the future. Think about it

Posted by GoldenHarvest1 > 2018-10-21 19:21 | Report Abuse

The Saudis once had a dream. In that dream, they were told that low oil price wud be good for them, wud slay their rivals & make them achieve much greater market share, thereby making them richer.

Of course, it was the naivest & most idiotic of ideas. So, quite predictably, it did not work. And then they woke up from that dream, wised up to their great stupidity, and learned how things really work in the real world.

Now that they have learned their big lesson, they're certainly not going to let it go again, for sure.

TrippleZ

1,563 posts

Posted by TrippleZ > 2018-10-21 19:25 | Report Abuse

Simple lesson need to go through years to learn. Damn...I hate human.

Franklim1989

1,453 posts

Posted by Franklim1989 > 2018-10-21 21:19 | Report Abuse

B4b4 you still here?

Jeffrey Ng

490 posts

Posted by Jeffrey Ng > 2018-10-22 09:23 | Report Abuse

B4b4 sold reach went holiday already.. wait he come back... ki ki ki

CoolBull

3,675 posts

Posted by CoolBull > 2018-10-22 12:01 | Report Abuse

Very good

偉國

56 posts

Posted by 偉國 > 2018-10-22 12:05 | Report Abuse

Oil price will shoot up at next month after 4/11... stay tuned

Posted by ProsperousRealm > 2018-10-22 12:40 | Report Abuse

Amen

Posted by GoldenHarvest1 > 2018-10-22 13:01 | Report Abuse

Yes. Quite likely.

ran777rpt

2,945 posts

Posted by ran777rpt > 2018-10-22 13:54 | Report Abuse

The news say that in order to divert the mess of the murder of the journalist, Saudi would indirectly lower the oil production in the midst of the looming Iranian sanctions

Franklim1989

1,453 posts

Posted by Franklim1989 > 2018-10-22 14:29 | Report Abuse

Oil price keep moving up...

Turnaround

288 posts

Posted by Turnaround > 2018-10-22 14:47 | Report Abuse

Back to .80

speakup

27,014 posts

Posted by speakup > 2018-10-22 14:58 | Report Abuse

already said last week, any drop is buying opportunity
speakup now holding about 1Mil shares now

Posted by The speculators The speculators > 2018-10-22 15:20 | Report Abuse

Tonight oil up

Posted by The speculators The speculators > 2018-10-22 15:21 | Report Abuse

Saudi struggle to Issue more oil replace Iran shortage

Posted by The speculators The speculators > 2018-10-22 15:21 | Report Abuse

Tonight Dow future is up

Posted by wilsonchan87 > 2018-10-22 16:33 | Report Abuse

Something wrong on WTI and Brent oil. Look uptrend strength getting weaker. better watch out closely

Posted by Nicholasming91 > 2018-10-22 16:48 | Report Abuse

U should look from Jan2018 to date the graph .

ran777rpt

2,945 posts

Posted by ran777rpt > 2018-10-22 17:10 | Report Abuse

Very strange counter lah.

Posted by fazlyfaruc > 2018-10-22 17:51 | Report Abuse

no catalyst. tido dulu lah

Posted by BountyOfTheBourse > 2018-10-22 20:57 | Report Abuse

Building up momentum. Patience is power.

Posted by PresidentRotiCanai > 2018-10-23 09:27 | Report Abuse

building reach to be rich

Posted by PresidentRotiCanai > 2018-10-23 09:29 | Report Abuse

may decide whether oil takes another run at $100 a barrel

Libya and Nigeria are heading into high-stakes elections that could usher in a period of instability and disrupt oil supplies.Outages in the two OPEC nations would make it harder for the cartel to compensate for the loss of supply from Iran and Venezuela.

Posted by Nicholasming91 > 2018-10-23 11:22 | Report Abuse

Wait wait... patience

pang72

51,509 posts

Posted by pang72 > 2018-10-23 12:47 | Report Abuse

Dragon, what is the TP for reach ?
35cents OK kah?

Sapura 33 cents...

Reach atas sikit sebab banyak atas investor, scold people idiot of not buying Reach but lucky not buying...hihu

pang72

51,509 posts

Posted by pang72 > 2018-10-23 13:23 | Report Abuse

Haha....
Why not 40, 30, 20?

pang72

51,509 posts

Posted by pang72 > 2018-10-23 13:25 | Report Abuse

Keretapi tanah melayu is fetching the passenger from JB to Guamusang. Then from Guamusang to Jb...

So, it is two way train.

Franklim1989

1,453 posts

Posted by Franklim1989 > 2018-10-23 13:56 | Report Abuse

HSI INDEX yesterday up +626,today drop -710..omg so scary

asd88

809 posts

Posted by asd88 > 2018-10-23 14:49 | Report Abuse

Told u guys to wait for lower price but some people just cant live without excitement (losing money) Lol!!

Posted by Nicholasming91 > 2018-10-23 16:27 | Report Abuse

Boleh collext lo

paktua73

18,333 posts

Posted by paktua73 > 2018-10-23 16:41 | Report Abuse

manage grab big some at 0.415
paktua lose at air asia waaaa

tut tut
also at gkent(on paper onlylaa not sell yet will hold long)
huhuhuhu

Posted by PresidentRotiCanai > 2018-10-23 16:45 | Report Abuse

no grab now, 2molo price up up

kimyu1995

37 posts

Posted by kimyu1995 > 2018-10-23 17:04 | Report Abuse

Everyday come here just saw: if not grab today, tomorrow price up...until now the price only dumb until no father no mother

pang72

51,509 posts

Posted by pang72 > 2018-10-23 17:05 | Report Abuse

Haha

Posted by PresidentRotiCanai > 2018-10-23 17:05 | Report Abuse

2moro sure up, cz today down so much

pang72

51,509 posts

Posted by pang72 > 2018-10-23 17:07 |

Post removed.Why?

Posted by Nicholasming91 > 2018-10-23 17:08 | Report Abuse

Kid . U still new

Posted by Nicholasming91 > 2018-10-23 17:11 | Report Abuse

If oil price bounce back up tomorrow sure up.

apolloang

18,163 posts

Posted by apolloang > 2018-10-23 17:11 | Report Abuse

not crash lah slow death.....crash is dow jones drop 2000 pts not 200 pts

pang72

51,509 posts

Posted by pang72 > 2018-10-23 17:18 |

Post removed.Why?

apolloang

18,163 posts

Posted by apolloang > 2018-10-23 17:19 | Report Abuse

hope so lah then I can buy cheap.....hahaha

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-10-23 18:27 |

Post removed.Why?

freddiehero

16,722 posts

Posted by freddiehero > 2018-10-23 18:29 |

Post removed.Why?

4444

1,800 posts

Posted by 4444 > 2018-10-23 18:33 | Report Abuse

Why not 20-30 sen cheaper?

SuperPanda 40c kambing pls
23/10/2018 18:27

freddiehero

16,722 posts

Posted by freddiehero > 2018-10-23 18:34 | Report Abuse

hehe cant say too low.. later ppl no believe

pang72

51,509 posts

Posted by pang72 > 2018-10-23 18:48 |

Post removed.Why?

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