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 SaveMsiaFromPHGov > 2018-11-07 14:32 | Report Abuse

Yep. And them habitual doubters, hesitators & boat missers are going to cry in big regret. Again.

Posted by SaveMsiaFromPHGov > 2018-11-07 14:34 | Report Abuse

And then, expect them to be coming back with all kinds of shitty tactics to try bring the price back down. Just becos they did not have the foresight & the courage to come on board early, in the first place. Well, screw them all.

MoneyAndHoney

2,479 posts

Posted by MoneyAndHoney > 2018-11-07 14:39 | Report Abuse

Ha ha. Well, what can we do, bro. We live in the real world. There will always be people like them around.

CoolBull

3,675 posts

Posted by CoolBull > 2018-11-07 15:15 | Report Abuse

LOL. Stay cool, SMFPHG.

Jeffrey Ng

490 posts

Posted by Jeffrey Ng > 2018-11-07 16:34 | Report Abuse

there are many gambler in stock exchange.. they treat trading as gamble.. thats y many all this IDSS happen.. but a true value company will not drag the share price down..

Jeffrey Ng

490 posts

Posted by Jeffrey Ng > 2018-11-07 16:35 | Report Abuse

i heard many out there said reach is too risky compare to Hibiscus.. i wondering why?? but i still have faith in reach..

Posted by BountyOfTheBourse > 2018-11-07 17:04 |

Post removed.Why?

Posted by SaveMsiaFromPHGov > 2018-11-07 17:09 | Report Abuse

Jeffrey Ng, grow up & stop behaving like a little girl. If you scared playing in Reach, and you believe Hibiscus is safer according to people who tell you, then you can switch from Reach to Hibiscus. Problem solved. No point coming into Reach room every day & crying.

Want2Win

2,553 posts

Posted by Want2Win > 2018-11-07 17:14 |

Post removed.Why?

Posted by WealthSoWonderful > 2018-11-07 17:19 | Report Abuse

LOL

Jeffrey Ng

490 posts

Posted by Jeffrey Ng > 2018-11-07 17:20 | Report Abuse

haha... takut... i everyday also takut n cry.. no worry... hahah.. ki ki ki.. who no takut? haha... we all human.. too bad nowaday century all takut mati one.. go every room to cry cry cry... ki ki ki.. but cry still need to cari makan la... haha... good or bad market also need to survive, also need to cari makan geh... ki ki ki..

B4b4

7,593 posts

Posted by B4b4 > 2018-11-07 17:22 | Report Abuse

No need to takut..my friends. Demand for oil is always there. Just wait and be patient.

CoolBull

3,675 posts

Posted by CoolBull > 2018-11-07 17:23 | Report Abuse

But you cannot live your life in fear & controlled by your own fear. It is you who have to learn to control your fear, instead of your fear controlling you.

CoolBull

3,675 posts

Posted by CoolBull > 2018-11-07 17:29 | Report Abuse

Okay, Jeffrey. I have one suggestion for you. For you to learn to manage your fear.

You buy some Reach WA. Just a small amount. Maybe 100 big lots. But you buy only @9.5, never higher. So, you need RM9,500. You sell @10, you get RM500 profit. You do this a few times.

When you have gained a bit more courage, maybe you try sell @10.5, then you get RM1,000 profit.

Then, not only you conquer your fear. But you also make some small profit.

Posted by SaveMsiaFromPHGov > 2018-11-07 17:36 | Report Abuse

Klu lg manyiak takut, lu kina potong itu lancheow la, Jeffrey. Lu sudah potong itu, lu talak takut lagi la.

Want2Win

2,553 posts

Posted by Want2Win > 2018-11-07 17:41 |

Post removed.Why?

Posted by GoldenHarvest1 > 2018-11-07 17:49 | Report Abuse

He not yet potong also he always very takut. Mana amoy mau kawin sama dia.

MoneyAndHoney

2,479 posts

Posted by MoneyAndHoney > 2018-11-07 17:54 | Report Abuse

Very difficult la, like that. Everything also takut. Like that, money pun tak dapat, honey also tak dapat la.

Posted by SaveMsiaFromPHGov > 2018-11-07 18:00 | Report Abuse

Ha ha ha

Franklim1989

1,453 posts

Posted by Franklim1989 > 2018-11-07 18:01 | Report Abuse

OIL PRICE strongly moving up..the tencent news said RUSSIA and SAUDI ARABIAN in discuss cut oil production 2019...

Posted by Nicholasming91 > 2018-11-07 18:06 | Report Abuse

Ooooo russia is mad kikikiki

Posted by Nicholasming91 > 2018-11-07 18:12 | Report Abuse

Told u liao, trump lost, waiver gone, saudi and russia mad at him

Franklim1989

1,453 posts

Posted by Franklim1989 > 2018-11-07 18:17 | Report Abuse

Wow..suddenly +2usd...

Posted by DreamConqueror > 2018-11-07 18:34 | Report Abuse

The i-word

If I read it correctly, Democrats can now easily set in motion a process to oust Donald from power.

It only takes a simple majority of the House of Reps to undertake the first step to removing a president, and the Democrats now have that majority.

Posted by ProsperousRealm > 2018-11-07 18:40 | Report Abuse

Brent resuming uptrend

Posted by FortuneBlooming > 2018-11-07 19:00 | Report Abuse

Could be attacking 74 by tomorrow

Ziko Ro

1,186 posts

Posted by Ziko Ro > 2018-11-07 19:19 | Report Abuse

Todays brent oil highest touch 73.55 per barrel at this moment from yesterday closing below 72.

B4b4

7,593 posts

Posted by B4b4 > 2018-11-07 19:31 | Report Abuse

Discussion about output cut for 2019 between Russia and Saudi . This caused the oil price spike up. Oil price up , this is good for og stocks

Franklim1989

1,453 posts

Posted by Franklim1989 > 2018-11-07 19:47 | Report Abuse

Yap..good for oil stock..VERY strong oil price..

Franklim1989

1,453 posts

Posted by Franklim1989 > 2018-11-07 19:47 | Report Abuse

See the price up better then watch movie..

Franklim1989

1,453 posts

Posted by Franklim1989 > 2018-11-07 19:51 | Report Abuse

Tonite got EIA report...

acadi

314 posts

Posted by acadi > 2018-11-07 22:45 | Report Abuse

Hey..savemalaysiafromphgoverment...Dont be an asshole by taking the moral high ground..people like you , i have seen decades ago..
Let the others invest as they deem fit.may not agree with you strategy..so what..Does not necessary means they will loose money.Are you so sure of profitability in your given time frame?
As for CoolBull..keep your elemantary investment philosophy to you self..decades behinh time...

acadi

314 posts

Posted by acadi > 2018-11-07 22:46 | Report Abuse

Investors these days are more sophisticated albeit inexperienve

acadi

314 posts

Posted by acadi > 2018-11-07 23:04 | Report Abuse

I stand to be corrected now and in the immedite future for my comments..

Posted by WealthSoWonderful > 2018-11-08 01:24 | Report Abuse

Oil producing countries may be more willing to cut output, now that the U.S. midterm elections are over. Trump, whose Republican party was fighting to retain control of congress, had complained of higher gasoline (i.e. petrol) prices. But now he has lost the House of Representatives to Democrats.

Posted by WealthSoWonderful > 2018-11-08 01:28 | Report Abuse

OPEC was feeling the Trump pressure, but producers took action with the thinking that they just needed to get past the U.S. election," said Joe McMonigle, analyst at Hedgeye in Washington, in a note Wednesday. "We expect to start hearing public comments from OPEC ministers this weekend" about PULLING BACK (i.e. REVERSING DIRECTION) on the recent production boost.

Posted by WealthSoWonderful > 2018-11-08 01:30 | Report Abuse

A ministerial committee composed of some members of OPEC and OPEC allies, e.g. Russia, meets on Sunday in Abu Dhabi to discuss the outlook for 2019.

Posted by GoldenHarvest1 > 2018-11-08 01:35 | Report Abuse

I would expect that committee to decide at least to continue with their current 'low production, high price' policy.

Posted by FortuneBlooming > 2018-11-08 01:40 | Report Abuse

I don't believe that Trump now has the same power to exert as much pressure on OPEC-Russia as before. His wings have suddenly been clipped.

Posted by BountyOfTheBourse > 2018-11-08 01:49 | Report Abuse

Well, how else do you deal with an arrogant cockerel, short of completely caponising him?

You clip his wings, so he can't flap them so strong & leap so high.

Posted by SaveMsiaFromPHGov > 2018-11-08 01:55 | Report Abuse

Ha ha. Rightly so, too. He deserved it. He has had it coming to him for quite a while.

Posted by ProsperousRealm > 2018-11-08 02:00 | Report Abuse

But he can still crow, though. Can'stop him crowing. He is a natural crower.

CoolBull

3,675 posts

Posted by CoolBull > 2018-11-08 02:17 | Report Abuse

LOL. But it is going to be a significantly much less influential crowing, from now on.

CoolBull

3,675 posts

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

DJ latest +384.88 points (1.50%)

B4b4

7,593 posts

Posted by B4b4 > 2018-11-08 07:29 | Report Abuse

Reach Energy produces light and sweet oil which has high demand in Europe because of EU's stringent environmental legislations. Reach Energy has been able to produce such high quality oil to sell in Europe and China

B4b4

7,593 posts

Posted by B4b4 > 2018-11-08 08:42 | Report Abuse

In the last Qtr where Reach made its maiden profit, the average selling price for Brent is USD 65 pb, average production is 2900 bpd and forex is RM 3.98 to 1 USD. This coming Qtr is even better because Brent is now consistently above USD 70 pb, rate of production has increased tremendously, forex is 4.12.

Franklim1989

1,453 posts

Posted by Franklim1989 > 2018-11-08 08:42 | Report Abuse

Today see got goreng or not..

Franklim1989

1,453 posts

Posted by Franklim1989 > 2018-11-08 08:43 | Report Abuse

OIL PRICE let's EIA report pull down..

Franklim1989

1,453 posts

Posted by Franklim1989 > 2018-11-08 08:43 | Report Abuse

Iran export oil report when got result??who know

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