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

Alibaba

273 posts

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

Wow ... Good news coming ! Yes ~

Alibaba

273 posts

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

Its 40 now ~ gogogo !

B4b4

7,593 posts

Posted by B4b4 > 2018-11-02 11:44 | Report Abuse

The operating expenses is about USD 13.75 pb and the cost of production is USD 6.37 pb, total cost is about USD 20.12 pb. Now the Emir Oil is sent to Ansagan by pipelines which is far cheaper and faster. Hence the cost will be lower

Posted by Nicholasming91 > 2018-11-02 11:44 | Report Abuse

U can expect good earnings from onshore extraction, and pipepine deliveries to customers. Low-cost

Posted by Nicholasming91 > 2018-11-02 11:45 | Report Abuse

Also remember, they sell in USD.

Franklim1989

1,453 posts

Posted by Franklim1989 > 2018-11-02 11:46 | Report Abuse

QR still need 3 week,maybe got some news..

B4b4

7,593 posts

Posted by B4b4 > 2018-11-02 11:46 | Report Abuse

Reach will be the next Hibiscus stock. On shore and off shore stocks, whereby off shore oil Wells has decommissioning costs

Posted by Nicholasming91 > 2018-11-02 11:50 | Report Abuse

Big volume for 0.40

Ziko Ro

1,186 posts

Posted by Ziko Ro > 2018-11-02 11:55 | Report Abuse

7 million done 40 sen more to up

Alibaba

273 posts

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

Could it be good news from the Budget 2019 ?

Posted by Nicholasming91 > 2018-11-02 11:59 | Report Abuse

I think so

Ziko Ro

1,186 posts

Posted by Ziko Ro > 2018-11-02 12:04 | Report Abuse

Last qtr report on 27 aug reach get net profit 11 million plus what do you think this qtr report.

Posted by toffeemoose > 2018-11-02 12:07 | Report Abuse

sold some minor amount of shares.. for some pocket money...

back to ZZZZzzzzzzz time...waiting for afternoon show

Posted by Nicholasming91 > 2018-11-02 12:07 | Report Abuse

This qtr will be doubled . Or maybe more . Q4 will be even better

Franklim1989

1,453 posts

Posted by Franklim1989 > 2018-11-02 12:07 | Report Abuse

Financial budget Monday will report?

a4u2018

3 posts

Posted by a4u2018 > 2018-11-02 12:08 |

Post removed.Why?

Franklim1989

1,453 posts

Posted by Franklim1989 > 2018-11-02 12:09 | Report Abuse

HIBISCUS also up..maybe oil stock rebound abit..

B4b4

7,593 posts

Posted by B4b4 > 2018-11-02 12:13 | Report Abuse

Hi Ziko Ro, the best news for Reach is the new oil well discovered in Yessen Fields ie Y-3 area which is 34m deep of oil reserves.

Posted by toffeemoose > 2018-11-02 12:18 | Report Abuse

dey...this counter is very very hard to lose money lerrrr...as long you have the capacity to hold at least 5 days...


been making loads of $$$ here...esp to cover that bloodshed few weeks back

Posted by WealthSoWonderful > 2018-11-02 12:20 | Report Abuse

Good news coming from many directions

Posted by ProsperousRealm > 2018-11-02 12:25 | Report Abuse

Coming qrtr should be better than last one, logically. Becos avrg oil price higher.

Posted by DreamConqueror > 2018-11-02 12:26 | Report Abuse

Yo! Great weekend coming, fellas.

Posted by Nicholasming91 > 2018-11-02 12:28 | Report Abuse

For so long time, i first time see friday so green

Posted by toffeemoose > 2018-11-02 12:29 | Report Abuse

come to papa!!!!!!!!!!!!!!!!!!!

Posted by Nicholasming91 > 2018-11-02 12:29 | Report Abuse

Has the curse been broking ? Friday selling comes to an end haha

Posted by DreamConqueror > 2018-11-02 12:30 |

Post removed.Why?

Posted by BountyOfTheBourse > 2018-11-02 12:33 | Report Abuse

US-China trade war also possibly gradually moving toward a peaceful compromise & resolution

Want2Win

2,553 posts

Posted by Want2Win > 2018-11-02 12:37 |

Post removed.Why?

MoneyAndHoney

2,479 posts

Posted by MoneyAndHoney > 2018-11-02 12:42 | Report Abuse

I would not worry too much about the oil slipping a bit. It will be temporary.

Posted by FortuneBlooming > 2018-11-02 12:45 | Report Abuse

I like it when Urgent comes up. Gvs me a good excuse to get up & rock & dance.

CoolBull

3,675 posts

Posted by CoolBull > 2018-11-02 12:48 | Report Abuse

I'm waiting for the pretty dancing girls

Posted by GoldenHarvest1 > 2018-11-02 12:51 | Report Abuse

Iran sanctions going full steam on Sunday. It's really weird that Brent is sliding.

Posted by DreamConqueror > 2018-11-02 13:08 |

Post removed.Why?

samuel

659 posts

Posted by samuel > 2018-11-02 13:11 | Report Abuse

Brent engine start roaring...Jump up above 73 now

Franklim1989

1,453 posts

Posted by Franklim1989 > 2018-11-02 13:11 | Report Abuse

HSI +1000

Posted by DreamConqueror > 2018-11-02 13:32 |

Post removed.Why?

Posted by DreamConqueror > 2018-11-02 13:46 |

Post removed.Why?

Want2Win

2,553 posts

Posted by Want2Win > 2018-11-02 13:52 |

Post removed.Why?

Posted by ProsperousRealm > 2018-11-02 14:01 | Report Abuse

Ha ha

Posted by ProsperousRealm > 2018-11-02 14:03 | Report Abuse

Well, we can do with something to warm us up in this coolish weather.

Posted by Nicholasming91 > 2018-11-02 14:08 | Report Abuse

The 2019 Budget allocation would be based on average crude oil price of US$70 per barrel, although the benchmark Brent crude oil was nearing US$80 per barrel currently.

RiverOfSilver

2,833 posts

Posted by RiverOfSilver > 2018-11-02 14:10 | Report Abuse

Northern winter looming on the not so far horizon. Going to drive up the price of oil.

Franklim1989

1,453 posts

Posted by Franklim1989 > 2018-11-02 14:13 | Report Abuse

Omg HSI still strong going up..+ 1044

speakup

27,014 posts

Posted by speakup > 2018-11-02 14:13 | Report Abuse

anybody here "average up"?
or just me?

RiverOfSilver

2,833 posts

Posted by RiverOfSilver > 2018-11-02 14:15 | Report Abuse

You rich tycoon

Posted by DreamConqueror > 2018-11-02 14:20 | Report Abuse

SpeakUp, maybe our good friend SuperPanda.

Posted by DreamConqueror > 2018-11-02 14:21 | Report Abuse

She has tonnes & tonnes of cash, just like you.

speakup

27,014 posts

Posted by speakup > 2018-11-02 14:21 | Report Abuse

not many ppl like to average up coz it pushes their average price up. never expected reach to drop so much to as low as 37sen recently. if I didn't average up, at 37sen, would still be +

speakup

27,014 posts

Posted by speakup > 2018-11-02 14:22 | Report Abuse

superpanda is a "she"? not he? how u know?

speakup

27,014 posts

Posted by speakup > 2018-11-02 14:25 | Report Abuse

why stop at 70?
make it rm1?
better still rm2 :-)

Posted by deMusangking > Nov 2, 2018 02:23 PM | Report Abuse

i reli hope the management will push up to >70.. so that the pioneers will not lose!!!

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