REACH ENERGY BHD

KLSE (MYR): REACH (5256)

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Last Price

0.025

Today's Change

+0.005 (25.00%)

Day's Change

0.025 - 0.025

Trading Volume

92,000


9 people like this.

19,253 comment(s). Last comment by Orson Chin 1 week ago

Posted by Nicholasming91 > 2018-12-14 07:16 | Report Abuse

US consume banyak oil la... see their military also know d.. if war on middle east comes again... oil price will spike ..

B4b4

7,593 posts

Posted by B4b4 > 2018-12-14 09:19 | Report Abuse

Stay cool and relax. Just buy and keep.

Posted by VolatileIsMyGold > 2018-12-14 11:28 | Report Abuse

Good idea

pang72

51,506 posts

Posted by pang72 > 2018-12-14 18:37 | Report Abuse

Haha...
Sudah kena taruk......

TheContrarian

9,495 posts

Posted by TheContrarian > 2018-12-14 20:10 | Report Abuse

I am still waiting to buy back.

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-12-15 01:24 | Report Abuse

haiyya no need to argue.. in 2 wks you can see whom is correct.. got dressing or closing..

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-12-15 01:31 | Report Abuse

price is dropping towards xmas and new year..... decision to cut loss at 34 seems good for me.. can sleep well and can buy at cheaper.. maybe 24c.. back to old price..

Posted by DreamConqueror > 2018-12-15 02:19 | Report Abuse

Ha ha. Lu itu maciam mayin gah. Klu satu kali cut loss lu sutah lose 20%, lu lima kali cut loss habis padam 100% lu pinya capital lor.

Apa pinya investment strategy ini maciam pinya leh.

gih gih gih

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-12-15 07:56 | Report Abuse

at least wa dare to declare buy price, ave down and cut loss... lu apa pun tk brani declare.. lagi you punya hipotesis apa mcm? stock up due to good comment in forum...have effect on retailers?? wallanweh.. mana sekolah stock blaja..

tulur kicik.. tapi mau jadi pro..

cl at 34 for -3 loss whre got 20%.. tak pandai kira kah.. and now 26.5 mah.. later will touch back 24 and no dressing one... see china data very bad.. tarak baca kah

how much paper loss now... dare declare or not... gih gih gih.. xmas and new year will be lower tau... ha ha.

Posted by DreamConqueror > 2018-12-15 08:26 | Report Abuse

Siapa olang yg kichit tolot pinya ah. Olang yg manyiak tagut & so yuai panuc selling cut loss gah, atau olang yg blani & keep holdung pinya gah. Haiiyyaahhhh. Ini hat pun lg bulum faham pinya gah.

Posted by DreamConqueror > 2018-12-15 08:41 | Report Abuse

Aah, I see. So, lu butut butut prasan lu butut butut pro la hor. Ah. Hor.

Yah lor. Lu manyiak pro la hor. Itu pasat lu mayin tiap-tiap timpat pun sutah kina latut libu losses lor. Hibby lg, dieyoung lg, barrakah talak balkat lg, bummy halamyatah lg. gih gih gih.

Tp lu hubby multi multi millionaire lor. Lu blapa latut libu losesses puntia tolong cover lor.

Manyiak sinang ini maciam mayin lor. Happy happy mayin, kasi enjoy buang itu wang caja lor hor. Ah. Hor.

gih gih gih

GoodBoy

6,594 posts

Posted by GoodBoy > 2018-12-15 10:41 | Report Abuse

Itu Donald Trump, lagi main kukujiao lagi kakikong kakisong ... Ekonomi mau jatuh, harga minyak mau turun lor ... Kalau mau main minyak kena berhati hati sikit lor ... Reach 0.265 memang sudah murah, tapi boleh turun lagi kalau ekonomi tak baik ...

Posted by SaveMsiaFromPHGov > 2018-12-15 15:03 | Report Abuse

Haiya GoodBoy, klu itu maciam kuat mau hati2 langsung x boleh jadi Bursa investor la. Boleh jd FD investor only la. Mau ada positive thinking & gung ho skt la.

Lain org sudah bikin hundred k's of profit from being optimistic, klu dia org slalu ini macam cakap srupa lu, dia org langsung tarak main la.

Oil already positive long term with strong upside leh, after OPEC-NOPEC agreement. Klu mau main short term only memang susah la.

TheContrarian

9,495 posts

Posted by TheContrarian > 2018-12-15 15:19 | Report Abuse

When I bought Reach at 0.255 I think Brent was around USD70. When I sold Reach at 0.505, Brent was around USD85. Now that Brent is still struggling at USD60, should I buy back?

Posted by SaveMsiaFromPHGov > 2018-12-15 15:20 | Report Abuse

Big scorers do not needlessly & unproductively waste their time & effort thinking small picture & short term. They optimise & maximise their resources strategising big picture & long term.

GoodBoy

6,594 posts

Posted by GoodBoy > 2018-12-15 16:03 | Report Abuse

Boleh invest, tapi kena jaga lar ... Kalau tidak, beli 0.50 sekarang sudah jadi 0.265 lor ... Banyak rugi lar ... hahaha ...

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-12-15 19:44 | Report Abuse

good for me doesnt mean good for others.. play your own strategy.. its your money.

same goes to me.. i earn or loss never affect anyone.. so no need to bother abt it.

CoolBull

3,675 posts

Posted by CoolBull > 2018-12-15 23:26 | Report Abuse

TheContrarian, I'd like to recommend this one very nice song to you. By Roxette. It's called 'Listen to Your Heart'. Might go some way toward helping you out.

TheContrarian

9,495 posts

Posted by TheContrarian > 2018-12-15 23:57 | Report Abuse

My heart tells me to watch Brent before deciding on Reach.

longvalley

2,287 posts

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

Bought at $0.275..@hold......4 six month at least....hee!!

CoolBull

3,675 posts

Posted by CoolBull > 2018-12-16 00:38 | Report Abuse

LOL. Okay, Contrarian. BTW, it's Bonnie Tyler, not Roxette. Memory slip.

CoolBull

3,675 posts

Posted by CoolBull > 2018-12-16 00:43 | Report Abuse

Anyways, come February, the likelihood of Brent going 70 is much higher than that of it going 50, I reckon.

Posted by BountyOfTheBourse > 2018-12-16 02:22 | Report Abuse

Knowing the man's almost insane natural overzeal as an anti-OPEC crusader, his impeachment, if it occurs, could be a substantial positive for Brent.

Posted by BountyOfTheBourse > 2018-12-16 02:37 | Report Abuse

Not six months la, LongValley. Becos Brent could hit 75 by late March, if not earlier.

Posted by DreamConqueror > 2018-12-16 04:59 | Report Abuse

LOL, SuperPanda. But your current strategy does not seem to suit even you yourself, dude. Or else you would not hv been making God knows how many hundreds of thousands, even possibly millions, of cut-loss losses all over Bursa.

Well. Perhaps you should start seriously considering a drastic strategy overhaul. I mean, it's simply not working, man.

pang72

51,506 posts

Posted by pang72 > 2018-12-16 08:30 | Report Abuse

I thought proven method and work well ?
Hahaha...

longvalley

2,287 posts

Posted by longvalley > 2018-12-16 08:41 | Report Abuse

Dtrump......muslihat....
Permainan yg tak kan selesai.........!!!!
......israel....iran......yamen ....saudi.....
akan ada ubah perhatian.....dri isu dlmn trump kpd isu luar......
Let wait n see........
hee......
Oil price byound controll.......!!!!?

Posted by GoldenHarvest1 > 2018-12-16 11:49 | Report Abuse

Ai, jgn la crita bnda yg negatif aja, kawan. Golongan investor kena la optimistic minded skt, bro.

Kan Russia dah kasi strong support skrg ni. Ada la improvements coming tu. Tngok aja lah apa yg jd dkt Syria. Smpy daeish pun dah rebeh hancus kena pukul tu.

Posted by GoldenHarvest1 > 2018-12-16 12:57 | Report Abuse

China's biggest US crude oil buyer to resume purchases very soon.

https://oilprice.com/Latest-Energy-News/World-News/Chinas-Biggest-US-Crude-Oil-Buyer-To-Resume-Purchases-Very-Soon.html

Would draw down US oil inventories quite substantially.

TheContrarian

9,495 posts

Posted by TheContrarian > 2018-12-16 19:52 | Report Abuse

According to Tabung Haji CEO, equities with value impairment exceeding 20%, for which Reach Energy Bhd is one, will be transferred to a SPV owned by the Ministry of Finance.

Posted by VolatileIsMyGold > 2018-12-16 23:20 | Report Abuse

Oil expert believes WTI oil to average US$60-65 in 2019.

http://saudigazette.com.sa/article/550292

That would mean a Brent oil average of about US$70-75.

Posted by VolatileIsMyGold > 2018-12-16 23:27 | Report Abuse

I would add another US$5-7 to that to cover for when the confidence or 'good mood' factor comes around into play.

Run Bull

238 posts

Posted by Run Bull > 2018-12-17 07:26 | Report Abuse

Yes, TheContrarian; this the new PH government strategy want to cut everything. Which claims want to save Malaysia & chasing away all foreign investor. They all very clever to save Malaysian. Kudos!!!

B4b4

7,593 posts

Posted by B4b4 > 2018-12-17 08:44 | Report Abuse

At 60 pb, it is still ok for Reach Energy. In 2016, it was only average 35 pb. In 2017, it was average 42 pb. So today, at 60 pb, it is more than OK.

fixer

17 posts

Posted by fixer > 2018-12-17 10:02 | Report Abuse

we cn see reach cutting more expenses meaning the mngmnt is saving the copny. we need to trust thm more.

CoolBull

3,675 posts

Posted by CoolBull > 2018-12-17 13:37 | Report Abuse

Brent breaching 63 come January

CoolBull

3,675 posts

Posted by CoolBull > 2018-12-17 13:39 | Report Abuse

PH gov can only kill construction sector, but not O&G sector.

longvalley

2,287 posts

Posted by longvalley > 2018-12-17 14:16 | Report Abuse

Geng PH pun kena d awasi juga......! maklumlah .....jangan jadi macam tikus jatuh dalam kepuk padi sudah......!!!!???

Posted by DreamConqueror > 2018-12-17 14:57 |

Post removed.Why?

Posted by DreamConqueror > 2018-12-17 15:01 | Report Abuse

lont wolly leh. ppbm sutah kina reverse takeover shama itu umno. lu lg bulum tau gah. haaiiyyaahhhhh, lu ah.

Posted by DreamConqueror > 2018-12-17 15:07 | Report Abuse

tikut yatuh pati kipuk, manyiak kinyang lor. x pyh lali2 shana shini, x pyh kleya. hali2 pun magan titon magan titon yuga. manyiak cipat gumuk lor.

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-12-17 15:24 | Report Abuse

haiya why so worry with my strategy.. ive been doing this for 15 years and still survive

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-12-17 15:26 | Report Abuse

thanks for your concern anyway.. let see if i can buy back 24c or lower.. seems like coming very soon.. end year sales.. yeppi..

Posted by DreamConqueror > 2018-12-17 15:35 |

Post removed.Why?

Posted by DreamConqueror > 2018-12-17 15:36 | Report Abuse

Not wolly lor. Kishian only lor.

icecool

5,028 posts

Posted by icecool > 2018-12-17 16:01 | Report Abuse

from 0.25 to 0.5 to 0.25 wah siao ah, not bad goreng goreng

darksoul

363 posts

Posted by darksoul > 2018-12-17 16:05 | Report Abuse

collect collect !!!

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