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

Posted by Nicholasming91 > 2018-11-01 22:51 | Report Abuse

10:50pm 74.86

Posted by Nicholasming91 > 2018-11-01 23:25 | Report Abuse

11:25pm 73.78

Cslee1228

61 posts

Posted by Cslee1228 > 2018-11-01 23:41 | Report Abuse

Brent oil drop 3%dy

Posted by Nicholasming91 > 2018-11-01 23:46 | Report Abuse

Ya, big sellers , many commodities trader lost money

Posted by WeiZian Chin > 2018-11-01 23:52 | Report Abuse

haiz...

Posted by Nicholasming91 > 2018-11-02 00:00 | Report Abuse

Mr pang coming back kikiki

Posted by The speculators The speculators > 2018-11-02 01:15 | Report Abuse

QR COMING FOR SURE MAKE MONEY, why so kanchong

Posted by stockintalk > 2018-11-02 05:51 | Report Abuse

Around Rm20 mil profit coming qr.

Posted by Nicholasming91 > 2018-11-02 07:39 | Report Abuse

Drop so many times bo feeling liao lo

ironsozai

12 posts

Posted by ironsozai > 2018-11-02 07:42 | Report Abuse

don't scare just buy more

B4b4

7,593 posts

Posted by B4b4 > 2018-11-02 07:45 | Report Abuse

Just buy and wait for the 3 Qtr results. Estimated Revenue RM 77M and profit RM 20 M.

ironsozai

12 posts

Posted by ironsozai > 2018-11-02 07:46 | Report Abuse

yes yes don't worry, any dip is good chance to buy more

Jeffrey Ng

490 posts

Posted by Jeffrey Ng > 2018-11-02 07:47 | Report Abuse

drop more buy more.... wait next week!

Posted by Nicholasming91 > 2018-11-02 07:47 | Report Abuse

Today will go 0.365 i gonna collect some haha

B4b4

7,593 posts

Posted by B4b4 > 2018-11-02 07:47 | Report Abuse

Iranian oil will be block by the Trump administration starting on 4th November 2018. It is very difficult to replaced Iranian supply. Surely, price will spike up. Furthermore, the winter months are coming in December. Again more oil is needed to heat up many homes.

ironsozai

12 posts

Posted by ironsozai > 2018-11-02 07:47 | Report Abuse

drop more nicer, can collect more. When QR out?

B4b4

7,593 posts

Posted by B4b4 > 2018-11-02 07:49 | Report Abuse

This is golden opportunity to buy cheap Reach shares today. Just wait for the shares to dropped, then you can slowly nibble it up.

Posted by Nicholasming91 > 2018-11-02 07:56 | Report Abuse

QR should be end of this month

Franklim1989

1,453 posts

Posted by Franklim1989 > 2018-11-02 08:19 | Report Abuse

Securematric over subcrice 20 times...omg..this securematric open price sure break 0.500 and up to 1.100 above..

Franklim1989

1,453 posts

Posted by Franklim1989 > 2018-11-02 08:20 | Report Abuse

Oil price drop too much.. will rebound soon..

Alibaba

273 posts

Posted by Alibaba > 2018-11-02 08:25 | Report Abuse

Brent Oil start rebound ! Good green Friday ahead ~ Good Luck all Warrior of Reach !

Posted by Nicholasming91 > 2018-11-02 08:33 | Report Abuse

Yes i subcribed securemetric too

Posted by Nicholasming91 > 2018-11-02 08:34 | Report Abuse

Ya i think is better than Revenue because they do overseas business as well as Singapore,

Turnaround

288 posts

Posted by Turnaround > 2018-11-02 08:43 | Report Abuse

Still keeping

B4b4

7,593 posts

Posted by B4b4 > 2018-11-02 08:48 | Report Abuse

Now waiting to buy cheap. Many oil companies especially the shale oil, are having shrinking oil production but Reach Energy company has increasing oil production. From 2900 bpd in the last Qtr, their oil production has been increasing up to 5400 bpd in September. With the coming completion of the CPF, it will be 12,000 bpd soon next year.

Posted by Nicholasming91 > 2018-11-02 09:06 | Report Abuse

Somehow i think below 0.37 were actually big buyers who hold lots of shares..

Franklim1989

1,453 posts

Posted by Franklim1989 > 2018-11-02 09:35 | Report Abuse

Sure I keeping reach..

Posted by Nicholasming91 > 2018-11-02 09:37 | Report Abuse

I still keeping because i know it will be like hibiscus one day. Regardless of oil price, u can see how hibiscus progressed these years.

Franklim1989

1,453 posts

Posted by Franklim1989 > 2018-11-02 09:39 | Report Abuse

REACH got some moving..

Posted by Nicholasming91 > 2018-11-02 09:43 | Report Abuse

U cannot deny that reach is the biggest SPAC ever on bursa. Surely they have powerful people managing it

Posted by toffeemoose > 2018-11-02 09:45 | Report Abuse

demmm....my 0.37 q not biting...

jasontan1177

1,768 posts

Posted by jasontan1177 > 2018-11-02 10:01 | Report Abuse

that MbS killed the journalist . now saudi have to give face to Trump to press down oil price .
in exchange of letting go this MBS.

grilled those who long oil kaw kaw this time

Posted by Nicholasming91 > 2018-11-02 10:03 | Report Abuse

Wait election la, now give face only. Lose alrdy who want give u face. Republican hurt the economy too much

jasontan1177

1,768 posts

Posted by jasontan1177 > 2018-11-02 10:04 | Report Abuse

yaya

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-11-02 10:19 | Report Abuse

drop buy, up sell and repeat 10 times

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-11-02 10:21 | Report Abuse

if earn 1c each time, 10 times earn 10c

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-11-02 10:21 | Report Abuse

but i never did lah.. theory only. he he.

Posted by Nicholasming91 > 2018-11-02 10:23 | Report Abuse

Aiyo u want so susah for what.. like that do ah ur hair cepat botak lo bang. U terus enter 0.37 la

B4b4

7,593 posts

Posted by B4b4 > 2018-11-02 10:52 | Report Abuse

The cost of oil production is USD 6.37 pb. The Operating expenses is about USD 13.74 pb. Hence, Reach still make profit.

B4b4

7,593 posts

Posted by B4b4 > 2018-11-02 10:53 | Report Abuse

Reach Energy has excellent cash flow from operating activities ie RM 27m from the last Qtr.

Posted by KLCI Going Heaven > 2018-11-02 10:57 | Report Abuse

Buy buy buy!Don't miss the chance

Ziko Ro

1,186 posts

Posted by Ziko Ro > 2018-11-02 11:11 | Report Abuse

Dow jones rebound to recover their highest and maybe oil prices will be rebound to catch up 80 per barrel If oil recover back REACH can be uptrend.

Posted by Nicholasming91 > 2018-11-02 11:30 | Report Abuse

Wa green weh ! Haha

Ziko Ro

1,186 posts

Posted by Ziko Ro > 2018-11-02 11:33 | Report Abuse

Wow done 39.5 one swallow good news for qtr report

Franklim1989

1,453 posts

Posted by Franklim1989 > 2018-11-02 11:34 | Report Abuse

REACH UP??so miracle..

Lai Hm

167 posts

Posted by Lai Hm > 2018-11-02 11:34 | Report Abuse

big volume buy now... good good

Posted by Nicholasming91 > 2018-11-02 11:35 | Report Abuse

Someone should know the QR result liao. Better than expected

B4b4

7,593 posts

Posted by B4b4 > 2018-11-02 11:38 | Report Abuse

Based on my calculations, Revenue is RM 77 M and profit is RM 20M

speakup

27,014 posts

Posted by speakup > 2018-11-02 11:38 | Report Abuse

this morning paper loss, now paper gain :-)

Ziko Ro

1,186 posts

Posted by Ziko Ro > 2018-11-02 11:38 | Report Abuse

Last qtr report reach still get profit on fuel price 55 to 65 now fuel prices jump 70 to 80 per barel on more bpd..If oil prices rebound back reach can be rich !! He hel

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