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

CoolBull

3,675 posts

Posted by CoolBull > 2018-11-12 15:54 | Report Abuse

Being a narcissist is bad enough. But being proud about being a narcissist, that would be bad to the power of four, at the very least.

Now it's confirmed, he is never going to get a girl in his life, ever. I mean, how could he. He is just going to love his own arse much more than that of the girl. Oh dear. Poor kid.

Posted by SaveMsiaFromPHGov > 2018-11-12 15:57 | Report Abuse

Probably spends his evenings shoving dildos into his own arse, while watching a gay porno movie.

CITADEL

1,867 posts

Posted by CITADEL > 2018-11-12 16:00 | Report Abuse

eh savemalaysia u are invited to my homosexual orgy party

Posted by DreamConqueror > 2018-11-12 16:06 | Report Abuse

Citadel, kid. We veteran investors do not waste our life cracking our head with useless charts, shifting from stock to stock, earning chicken feed or even less.

We only identify a few good counters, after thorough study, and we stay with them long enough. We do recalibrate our positions every now & again. Becos no analysis or judgement can be impeccable. But most of our choices always gv us back handsome profit.

Now. Off on your bike. Kid.

B4b4

7,593 posts

Posted by B4b4 > 2018-11-12 16:10 | Report Abuse

Brent now is 71.70

Posted by SaveMsiaFromPHGov > 2018-11-12 16:13 | Report Abuse

Sorry, Citadel kid. I don't do gay orgies. I shall leave that kind of thing to you & your kind. Only authentic, genuine females for me.

Lai Hm

167 posts

Posted by Lai Hm > 2018-11-12 16:15 | Report Abuse

71.80, tonight hope dont drop back, then tmr will gap up. :):)

CITADEL

1,867 posts

Posted by CITADEL > 2018-11-12 16:15 | Report Abuse

savemalaysia, u order a fake doll would be a lot easier.

CITADEL

1,867 posts

Posted by CITADEL > 2018-11-12 16:17 | Report Abuse

I respect your way doing business but why u treat others method as garbage? you being such condescending just make me sick

B4b4

7,593 posts

Posted by B4b4 > 2018-11-12 16:24 | Report Abuse

Hi CITADEL, invest in Reach Energy

CITADEL

1,867 posts

Posted by CITADEL > 2018-11-12 16:27 | Report Abuse

if i didnt buy why i come this forum

B4b4

7,593 posts

Posted by B4b4 > 2018-11-12 16:31 | Report Abuse

You are welcome CITADEL. Just follow the forum, will update everyone here. In the oil business, many factors after production. For example , forex and weather conditions in Kazakthan. Besides brent oil prices, cost of production and rate of production are important. Also have to study about contango and backwardation.

Posted by GoldenHarvest1 > 2018-11-12 16:34 | Report Abuse

Poor kid. He needs a girlfriend, I think.

CITADEL

1,867 posts

Posted by CITADEL > 2018-11-12 16:36 | Report Abuse

thank you mate.

Want2Win

2,553 posts

Posted by Want2Win > 2018-11-12 16:37 |

Post removed.Why?

CITADEL

1,867 posts

Posted by CITADEL > 2018-11-12 16:38 | Report Abuse

F off golden, still living in your own pathetic imagination?

Posted by toffeemoose > 2018-11-12 16:41 | Report Abuse

cool guys....

let's just agree to disagree....as long everybody makes money...we all cool...

btw...i still lazing around here....hands itchy due to non action...

Posted by DreamConqueror > 2018-11-12 16:41 |

Post removed.Why?

Want2Win

2,553 posts

Posted by Want2Win > 2018-11-12 16:53 |

Post removed.Why?

Posted by WealthSoWonderful > 2018-11-12 16:59 | Report Abuse

Brent creeping back up toward 72

Posted by DreamConqueror > 2018-11-12 17:04 | Report Abuse

There was once a man
Who thought he was a godsend
His name was Donald
And he was really abysmal
But whupped he was, in the end
By a lady called Brent

kfliau

1,977 posts

Posted by kfliau > 2018-11-12 17:08 | Report Abuse

Hi, can anyone advise what is the production cost per barrel of Reach?

Ziko Ro

1,186 posts

Posted by Ziko Ro > 2018-11-12 17:10 | Report Abuse

All oil counter koyak already because refer on friday fuel prices and conditiion market is bad .If tonight fuel higher tomorrow we open a new book!! He he. KLCI index manyak kacau .

Posted by Nicholasming91 > 2018-11-12 17:12 | Report Abuse

Wa this Ziko i manyak suka, confident kau kau

Want2Win

2,553 posts

Posted by Want2Win > 2018-11-12 17:14 |

Post removed.Why?

B4b4

7,593 posts

Posted by B4b4 > 2018-11-12 17:16 | Report Abuse

Production cost is USD 6.37 pb

B4b4

7,593 posts

Posted by B4b4 > 2018-11-12 17:17 | Report Abuse

Operating cost is cheap too because forex with kazakhstan Tenge is now 374

MoneyAndHoney

2,479 posts

Posted by MoneyAndHoney > 2018-11-12 17:17 | Report Abuse

Oil outlook beginning to look favourable again

Posted by DreamConqueror > 2018-11-12 17:22 | Report Abuse

Not trying to promote anything, but just sharing, guys. After all, what are friends for, right.

Perhaps you should consider putting some of your cap in Perdana also. It has been recording quite good movement this last week or so, in % terms.

kfliau

1,977 posts

Posted by kfliau > 2018-11-12 17:23 | Report Abuse

Thanks B4b4. Didn't know it's even cheaper than Hibiscus's USD16

B4b4

7,593 posts

Posted by B4b4 > 2018-11-12 17:27 | Report Abuse

It is cheaper because on-shore drilling is far cheaper than off-shore. Furthermore, off shore drilling has decommissioning cost when the oil Wells become dry and the platform in the high seas have to be dismantle

Posted by DreamConqueror > 2018-11-12 17:33 | Report Abuse

It is also brownfield, rather than greenfield, IIRC.

Ziko Ro

1,186 posts

Posted by Ziko Ro > 2018-11-12 17:41 | Report Abuse

Nicholasming91, u see tomorrow you can laugh forever !! Ha ha

kfliau

1,977 posts

Posted by kfliau > 2018-11-12 17:46 | Report Abuse

Hi DreamConqueror, what's the difference between brown field from green field? Does it mean green field is a new oil field? How does it impact production cost? What's this IIRC? Sorry to truoble you

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

I am just guessing, KFLiau. Based on what I know from my brother, who was a SM at Petronas. He is a geologist by training. He told me that the fields owned by Sumatec, also in Kazakhstan, were brownfield. Meaning that they hv already been worked previously, but hv been abandoned due to difficult conditions, low productivity etc.

So, someone else who take over later does not hv to do much exploration work, becos the reserves are already proven. There are many such fields in Kazakhstan, legacy of Soviet era Russian rule.

LOL, dude. IIRC = If I Recall Correctly

B4b4

7,593 posts

Posted by B4b4 > 2018-11-12 18:18 | Report Abuse

Brownfield is matured oil well and at the stage of declining output.

Posted by DreamConqueror > 2018-11-12 18:25 | Report Abuse

Point is, the tech available to a company today is far more developed & advanced, compared to that of another working thirty years ago. So, if you get a major brownfield concession today, it cud still mean a few hundred millions, or even a few billions, USD worth of extractable oil.

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-11-12 19:52 | Report Abuse

been bz lately so dont hve time to forum a lot, what i had missed?

damn. still 1c earn only. ok wait qtr out.

Posted by The speculators The speculators > 2018-11-12 19:56 | Report Abuse

QQQQQQQQQQQQRRRRRRRRRRRRR COMING , VIIIIIIIIIIIIIENA. COMING , 2 bonus event coming 65 sen coming

kfliau

1,977 posts

Posted by kfliau > 2018-11-12 21:54 | Report Abuse

Thanks DreamConqueror and B4b4 for your valuable info

Posted by Nicholasming91 > 2018-11-12 22:16 | Report Abuse

Wa show no respect to the great bomoh tp ipo price ! 0.70

4444

1,800 posts

Posted by 4444 > 2018-11-12 22:16 |

Post removed.Why?

Ziko Ro

1,186 posts

Posted by Ziko Ro > 2018-11-12 22:33 | Report Abuse

Today market for counter oil refers to friday price for tomorrow will refer tonight

Ziko Ro

1,186 posts

Posted by Ziko Ro > 2018-11-12 22:46 | Report Abuse

4444, if price back 25-30 sell to me 35 give u discount !! ha ha

Posted by Nicholasming91 > 2018-11-12 23:16 | Report Abuse

Wa oil rebound up after EU closing.. hopefully stay above 71.50 tonight !

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-11-12 23:35 | Report Abuse

short TP 50c after qtr out.. then only talk another story for 60 or 70.. demand vs supply now politically motivated

moneypedia

5,987 posts

Posted by moneypedia > 2018-11-12 23:58 | Report Abuse

dowjones now is fallin down fallin down dow jones is now fallin dow jeng jeng jwng jeng

4444

1,800 posts

Posted by 4444 > 2018-11-13 05:19 |

Post removed.Why?

strong_sink

2,808 posts

Posted by strong_sink > 2018-11-13 05:42 | Report Abuse

Gg.

mukhriz02023

1,291 posts

Posted by mukhriz02023 > 2018-11-13 05:57 |

Post removed.Why?

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