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

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-10-25 04:37 | Report Abuse

Wallanweh.. early morning check forum kena flag lagi. Ha ha. Idiot.

You think by flagging can help to support the price. Dumb ass.

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SuperPanda Post removed. Why?
24/10/2018 19:17

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-10-25 04:39 | Report Abuse

Ada org bili 44-44.5, skrg ini olang tulur sudah goyang. He he...


Stock: [REACH]: REACH ENERGY BHD

Oct 18, 2018 11:37 AM | Report Abuse

Why mau tggu above 46 balu mau bili. Bili 44 - 44.5 lg baik lor.

Posted by Nicholasming91 > 2018-10-25 05:44 | Report Abuse

Gg dji drop 99 600 points

aboy

29 posts

Posted by aboy > 2018-10-25 05:48 | Report Abuse

Posted by ProsperousRealm > Oct 25, 2018 12:47 AM | Report Abuse

Forget about Dow Jones. Oil company profit in Malaysia is not impacted whatsoever by trends in DJIA.



SAYS WHO? MIND YOU DJ JUST DROP BY 608 POINTS, SO ? RUN RUN RUN

B4b4

7,593 posts

Posted by B4b4 > 2018-10-25 06:45 | Report Abuse

Four years ago, the US oil rig count was about 1600 oil rigs. Today, the actual oil rigs count is only 873 which is about halved as compared to the period of Oct 2014. The global demand for oil is reported to hit 100 M bpd as early as next year 2019. This will surely support oil price if not going for US 100 pb. Reach Energy has the added advantage because of plentiful oil reserves. The recent success in oil exploration in the Yessen Oil Fields augurs well for the company. As to date Reach scores a 100% success in Y-1,2,and 3 oil Wells.

Posted by Nicholasming91 > 2018-10-25 07:12 | Report Abuse

Short selling brent back to 75.7 level . Expect of 78 by end of this week.. big bulls havent come and pump

B4b4

7,593 posts

Posted by B4b4 > 2018-10-25 07:53 | Report Abuse

Depleting matured oil fields and lack of oil exploration is one of the main concern for any oil companies. However, Reach has increased the number of producing wells from 17 in May 2017 to 25 in May 2018. That means Reach will has new oil wells and have a long life span rather than many other companies that has matured oil wells. It is important for EP companies like Reach Energy to keep on searching for new wells. Since Emir-Oil has and area slightly bigger than Singapore, this company has ample opportunities to look for new wells in the future.

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-10-25 07:57 | Report Abuse

35c kambing

Franklim1989

1,453 posts

Posted by Franklim1989 > 2018-10-25 07:59 | Report Abuse

News paper Sin chew first time listing REACH this word bigger today,Oil price maintain,today will hit to 0.450 above..

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-10-25 08:02 | Report Abuse

lets queue together

Franklim1989

1,453 posts

Posted by Franklim1989 > 2018-10-25 08:04 | Report Abuse

Dow jone yesterday drop -600,but currently the indices future is +30 above already,TESLA big profit taking QR3...

Posted by Nicholasming91 > 2018-10-25 08:07 | Report Abuse

Frankl got meh newspapwr

Franklim1989

1,453 posts

Posted by Franklim1989 > 2018-10-25 08:08 | Report Abuse

WTI Oil price from 76.60 drop until 66.30 is 10usd,REACH 76.60 time price 0.525 now 0.385,this announcement push up how much dont know yet.. but oil price shooting back 70 above confirm REACH price 0.500 above..

pang72

51,509 posts

Posted by pang72 > 2018-10-25 08:17 | Report Abuse

Wow,
35cents mari

Posted by Nicholasming91 > 2018-10-25 08:18 | Report Abuse

Ahahhahahaha why u so like WTI one wtf

Faiza

666 posts

Posted by Faiza > 2018-10-25 08:29 | Report Abuse

What is the reserve volume (81M); production cost per barrel; production volume present & future; capex;etc
anyone?

pang72

51,509 posts

Posted by pang72 > 2018-10-25 08:32 | Report Abuse

Aiyo,
Ada Tesco lelong kah!
Macam hari hari cheap sale le

Jeffrey Ng

490 posts

Posted by Jeffrey Ng > 2018-10-25 08:59 | Report Abuse

haha.. 2 way... either make lost, cut loss now... and reenter again... or just keep hold it till next year la... simple saja

asd88

809 posts

Posted by asd88 > 2018-10-25 09:13 | Report Abuse

finally accepting the fact but some still in denial. if can get with 30% discount price why want to hold at high price

emil

1,428 posts

Posted by emil > 2018-10-25 09:16 | Report Abuse

Oil price should re-balance to 55-60.....many o&g companies still close

Jeffrey Ng

490 posts

Posted by Jeffrey Ng > 2018-10-25 09:27 | Report Abuse

If can accept the lost why not just cut loss then use the cash to re enter again at lower price?

asd88

809 posts

Posted by asd88 > 2018-10-25 09:29 | Report Abuse

now u got my point jeffrey but i was cutting profit instead of loss

B4b4

7,593 posts

Posted by B4b4 > 2018-10-25 09:36 | Report Abuse

Brent price is still profitable. The last Qtr result reported a maiden profit and Average Brent price was only 65 pb. Now, the brent range is 70 pb and above which is even better. Next coming Qtr will be even better, estimated Revenue is RM 77m and Profit estimated is RM 15 m

Franklim1989

1,453 posts

Posted by Franklim1989 > 2018-10-25 09:37 | Report Abuse

Today market whole world red..

B4b4

7,593 posts

Posted by B4b4 > 2018-10-25 09:38 | Report Abuse

Buy Reach now, since it is cheap and this company will be the next Hibiscus.

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-10-25 09:38 | Report Abuse

speakup average up 1mil share.. dunno mother or son.. pray for speakup

Posted by WeiZian Chin > 2018-10-25 09:47 | Report Abuse

WHY NO DROP MORE....I WAIT TO BUY MORE

Posted by Nicholasming91 > 2018-10-25 09:50 | Report Abuse

Remember, USD is 4.16 . And at 75 per barrel is still profitable, above 80 is a bonus

kimyu1995

37 posts

Posted by kimyu1995 > 2018-10-25 09:54 | Report Abuse

Wait afternoon...might have big offer again...

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-10-25 09:55 | Report Abuse

im lucky 400k units only, paper loss 3.5c

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-10-25 09:56 | Report Abuse

waitg 35c to load another round.. mybe 36c lah see how

paktua73

18,333 posts

Posted by paktua73 > 2018-10-25 10:15 | Report Abuse

Superpanda..paktua follow..

Tut Tut
See green on face when see red on screen

Jeffrey Ng

490 posts

Posted by Jeffrey Ng > 2018-10-25 10:16 | Report Abuse

wondering here anyone still holding @ 505? ki ki ki

Franklim1989

1,453 posts

Posted by Franklim1989 > 2018-10-25 10:31 | Report Abuse

Super low price now,the Dow jone is slowly going up ady..I think market will rebound on afternoon..

Franklim1989

1,453 posts

Posted by Franklim1989 > 2018-10-25 10:34 | Report Abuse

Don't know why so many investor follow the index throw the share...lol..

Franklim1989

1,453 posts

Posted by Franklim1989 > 2018-10-25 10:34 | Report Abuse

This a few day whole world index effect market..

MoneyAndHoney

2,479 posts

Posted by MoneyAndHoney > 2018-10-25 11:14 | Report Abuse

Sanctions on Saudi? Well, why not. If Iran can be punished with sanctions, then why not Saudi also.

Posted by Nicholasming91 > 2018-10-25 11:21 | Report Abuse

Ya possible, best is all kena sanction ahahha

ran777rpt

2,945 posts

Posted by ran777rpt > 2018-10-25 11:24 | Report Abuse

Trump and his nasty mouth. Have screwed up the global economy as a whole. Impeach this monster

Posted by Puvaneshwaran Karupaya > 2018-10-25 11:28 | Report Abuse

all just pray for a sanction on Saudi and price of crude will hit $100

kimyu1995

37 posts

Posted by kimyu1995 > 2018-10-25 11:33 | Report Abuse

in this case, continue top up will be better choice?

GrowingRich

2,752 posts

Posted by GrowingRich > 2018-10-25 11:33 | Report Abuse

More like $120. If not $150.

Turnaround

288 posts

Posted by Turnaround > 2018-10-25 11:41 | Report Abuse

Trump the manipulator with his mouth

haziq

28 posts

Posted by haziq > 2018-10-25 11:45 | Report Abuse

can get 35 sen be patient

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-10-25 11:53 | Report Abuse

Haiyya can sanction saudi meh?... then whom going to buy 50b of american weapons.

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-10-25 11:54 | Report Abuse

if tomorrow market not rebound then next week will continue for more discount

Posted by SaveMsiaFromPHGov > 2018-10-25 11:59 | Report Abuse

Saudi can buy equally good weaponry from Russia. At possibly two thirds or sometimes even half the price of American weaponry.

Even NATO member Turkey has opted for Russian made S400 missile defence system.

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