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

Want2Win

2,553 posts

Posted by Want2Win > 2018-11-08 22:41 | Report Abuse

Alamak, Ah Dream. Apa pasat x kasi tau sama wa lu ala bili Perdana leh. Wa lu pinya loyal follower juga leh. Talak shiok loh lu ini maciam. Satu olang liam liam bili satu olang liam liam huat arr juga.

Posted by WealthSoWonderful > 2018-11-08 22:55 | Report Abuse

LOL. Unusually secretive for DC. Wonder why.

Posted by DreamConqueror > 2018-11-08 23:24 | Report Abuse

I was just worried that someone might get hurt, if I had simply recommended to anyone. So, that's why I went in on the quiet, this first time around.

Posted by DreamConqueror > 2018-11-08 23:25 | Report Abuse

I only gave hints at Suma room, my all weather haunt & chilling place. But none of the guys there listened so much to me, I reckon.

Posted by DreamConqueror > 2018-11-08 23:59 | Report Abuse

Posted by B4b4 > Nov 8, 2018 11:18 AM | Report Abuse

I am in the oil stock since 2016, guys. Just be patient. Our CEO is working very hard to get new major shareholders to buy the Reach shares. His Vision and Mission is fantastic. The latest interview in NST on the 5th Nov speaks volumes of his dreams and hopes to bring Reach to new heights . Let us wait it out .
______________________________________________________________________

Are you a member of the staff of Reach Energy?

Posted by toffeemoose > 2018-11-09 00:04 | Report Abuse

congrats dream (on ur perdana trip)

B4b4

7,593 posts

Posted by B4b4 > 2018-11-09 00:11 | Report Abuse

No sir, I am not a member of the staff. Correction....The CEO .......

B4b4

7,593 posts

Posted by B4b4 > 2018-11-09 00:12 | Report Abuse

Sorry for the typo error

Posted by DreamConqueror > 2018-11-09 00:22 | Report Abuse

LOL. You are forgiven, man.

Posted by DreamConqueror > 2018-11-09 00:25 | Report Abuse

Thanx, ToffeeMoose. We'll go in together then, the next time it hits 26.5 or something, shall we?

Posted by FortuneBlooming > 2018-11-09 00:29 | Report Abuse

Looks like someone's got a bit heady from the rise in Reach

Posted by ProsperousRealm > 2018-11-09 00:35 | Report Abuse

Ha ha. We understand.

Posted by DreamConqueror > 2018-11-09 00:46 |

Post removed.Why?

Want2Win

2,553 posts

Posted by Want2Win > 2018-11-09 00:53 |

Post removed.Why?

B4b4

7,593 posts

Posted by B4b4 > 2018-11-09 06:04 | Report Abuse

Opec and Opec+ meeting in Abu Dhabi this coming Sunday will discuss about 2019 production cut. Let's see how it goes. Anyway, Brent is still above 70 pb. Since Reach Energy is going downstream business like refinery, then the oil price either way up or down does not matter much.

Franklim1989

1,453 posts

Posted by Franklim1989 > 2018-11-09 06:32 | Report Abuse

B4b4 not december??oil price still keep moving down..

B4b4

7,593 posts

Posted by B4b4 > 2018-11-09 06:42 | Report Abuse

Opps sorry, next Opec meeting in early December 2018. 6 and 7th Dec

B4b4

7,593 posts

Posted by B4b4 > 2018-11-09 06:58 | Report Abuse

The Iran Sanctions by Trump administration is just a ploy. Trump requested Opec to pump more oil to replace the loss of Iranian oil. However, Trump allows waiver for 8 countries to buy Iranian oil. Hence, we have excess supply in the market. However, the coming Opec meeting will help to rectify this problem. Saudi and Russia have bilateral meeting recently regarding the oil production cut

paktua73

18,332 posts

Posted by paktua73 > 2018-11-09 08:43 | Report Abuse

Wah long time paktua not come here wooo..
Still maintained holding share here..
Now..if happen any correction wave paktua will grab to reload more share on hand..


Tut tut
Will never sell until next qr release

Posted by WeiZian Chin > 2018-11-09 08:59 | Report Abuse

mean like dialog?

Posted by Nicholasming91 > 2018-11-09 09:13 | Report Abuse

Wow first time hear pak tua so positive ! Give u 10000 likes ok !

Posted by Nicholasming91 > 2018-11-09 09:24 | Report Abuse

Aiyoyo opec better cut production lo if not oil price keep drop lo

Jeffrey Ng

490 posts

Posted by Jeffrey Ng > 2018-11-09 09:30 | Report Abuse

i think today will drop below 0.4 again... hopefully... this time really have to buy some when drop below 0.4 to keep...

Franklim1989

1,453 posts

Posted by Franklim1989 > 2018-11-09 09:44 | Report Abuse

Today market not good..so will no any show..

Jeffrey Ng

490 posts

Posted by Jeffrey Ng > 2018-11-09 10:00 | Report Abuse

maybe will back to .38 level again...

Lai Hm

167 posts

Posted by Lai Hm > 2018-11-09 10:20 | Report Abuse

yeah the .4 wall is strong...

speakup

27,014 posts

Posted by speakup > 2018-11-09 10:33 | Report Abuse

good thing my average kept below 40sen. Got strong wall to protect :-)

Turnaround

288 posts

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

With Bamboo and coconut

apolloang

18,163 posts

Posted by apolloang > 2018-11-09 11:31 | Report Abuse

bomoh in hokkien is botak.....hahaha

B4b4

7,593 posts

Posted by B4b4 > 2018-11-09 11:46 | Report Abuse

Reach NTA is 74s, oil demand is good. Countries like China, India, and Japan are buying up oil at so low price now. Soon, oil shortage and the whole process of K Wave cycle repeated.

Shinnzaii

3,114 posts

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

patience....
https://www.wsj.com/articles/saudi-arabia-opecs-anchor-ponders-a-future-without-the-cartel-1541703893
saudi got the thinking of want to quit OPEC...hehehehe...driven by pressure of trump to reduce oil price and increase production...

jasontan1177

1,768 posts

Posted by jasontan1177 > 2018-11-09 13:37 | Report Abuse

breaking up OPEC? its like suicide for saudi i think

speakup

27,014 posts

Posted by speakup > 2018-11-09 15:15 | Report Abuse

ironic US wants oil price to drop considering that it is top 5 oil producer in the world.

speakup

27,014 posts

Posted by speakup > 2018-11-09 15:17 | Report Abuse

compare this with Russia (also a top 5 producer), Russia wants oil price to go up

speakup

27,014 posts

Posted by speakup > 2018-11-09 15:19 | Report Abuse

and why isn't Russia in OPEC? Russia wants higher oil prices and it is also Top 5 Producer. Shouldn't Russia join OPEC?

Shinnzaii

3,114 posts

Posted by Shinnzaii > 2018-11-09 15:22 | Report Abuse

Join then optimize the oil price edi...then oil price drop....russia not happy

Shinnzaii

3,114 posts

Posted by Shinnzaii > 2018-11-09 15:23 | Report Abuse

If saudi really want to leave OPEC, they have to find others arm dealer replace US first....

Jeffrey Ng

490 posts

Posted by Jeffrey Ng > 2018-11-09 15:31 | Report Abuse

US increase interest rate... whole asia market down... next week also wont be better...

Franklim1989

1,453 posts

Posted by Franklim1989 > 2018-11-09 16:04 | Report Abuse

Don't worry guys..Sunday is 11/11 shopping day,after Monday sure will be green..Tuesday IPO securematric more green..next week is happy week..Today which stock over drop faster and buy..Monday taking profit..

Franklim1989

1,453 posts

Posted by Franklim1989 > 2018-11-09 16:06 | Report Abuse

After 11/11 shopping day, the transport,electrical,travel,technology stock online pay will next week GREEN..let's us see next week,enjoy weekend everyone

Posted by Nicholasming91 > 2018-11-09 16:39 | Report Abuse

Oil price Taking in position for winter

B4b4

7,593 posts

Posted by B4b4 > 2018-11-09 17:37 | Report Abuse

Happy holidays

Franklim1989

1,453 posts

Posted by Franklim1989 > 2018-11-09 17:47 | Report Abuse

OIL PRICE drop good for CHINA,malaysia oil price drop will damage economy,our government income will drop..

Posted by wilsonchan87 > 2018-11-09 18:35 | Report Abuse

Oil gonna to be continue bearish. Already warning before few weeks ago. Only the natural gas is beneficial during winter, sorry not to oil.

Posted by Nicholasming91 > 2018-11-09 18:39 | Report Abuse

U never lived in cold countries u dont know. Not only natural gas, now people use electricity to heat up homes instead, power plant uses coal, oil and ng to heat up to produce electricity .

Franklim1989

1,453 posts

Posted by Franklim1989 > 2018-11-09 21:51 | Report Abuse

DOW JONE & HSI all index will rebound on Monday..

CoolBull

3,675 posts

Posted by CoolBull > 2018-11-09 22:05 | Report Abuse

Russia, Norway etc. not being in OPEC is historical. It's becos Russia & Norway are both relatively new as major producers, whereas OPEC is an old grouping. But Russia especially is now a strong ally of OPEC. Kind of a de facto associate member.

RiverOfSilver

2,833 posts

Posted by RiverOfSilver > 2018-11-09 22:19 | Report Abuse

US might be a top producer but they are still a net importer, not a net exporter. Becos they consume a lot more themselves, compared to other producers. That is why they prefer low price to high price.

Posted by WealthSoWonderful > 2018-11-09 22:28 | Report Abuse

Sunday Abu Dhabi meeting is special OPEC-Russia meeting to discuss oil production strategy for 2019.

December meeting is exclusive OPEC meeting for OPEC members only. But Russia might still be there as special observer by special invitation.

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