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

TheContrarian

9,491 posts

Posted by TheContrarian > 2019-02-14 09:56 | Report Abuse

Brent now USD63.98

TheContrarian

9,491 posts

Posted by TheContrarian > 2019-02-14 09:57 | Report Abuse

There's no target price, it will track Brent.

Jeffrey Ng

490 posts

Posted by Jeffrey Ng > 2019-02-14 10:02 | Report Abuse

hi all.. i'm back again... finally.... reach very depending on brent oil... OG stock is a cycle game... when u know when to buy when to sell, and u can make a lot money... when Brent oil is up... reach sure will up.. hooray everybody!! huat ah...

OngOngMou

18 posts

Posted by OngOngMou > 2019-02-14 10:06 | Report Abuse

Dududuu..coming

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-02-14 10:11 | Report Abuse

after hit .335, it might consolidate back to 32c at closing

Jeffrey Ng

490 posts

Posted by Jeffrey Ng > 2019-02-14 10:16 | Report Abuse

well.. it depending on brent oil again... if brent no fall.. it will continue to shoot up again... now brent 63.91, if shoot above 64, then reach will hit .34 maybe

Posted by Beeboo1213 > 2019-02-14 11:17 | Report Abuse

Valentine's gift? Kekeke

TheContrarian

9,491 posts

Posted by TheContrarian > 2019-02-14 12:59 | Report Abuse

Brent breached USD64 finally.

Jeffrey Ng

490 posts

Posted by Jeffrey Ng > 2019-02-14 14:53 | Report Abuse

hooray~~~ flying high...

TheContrarian

9,491 posts

Posted by TheContrarian > 2019-02-14 15:28 | Report Abuse

Brent now USD64.24. Forum so quiet.

NoPainNoGain

1,018 posts

Posted by NoPainNoGain > 2019-02-14 15:43 | Report Abuse

Bus stop already meh..

Not enuf oil?

Torreira

137 posts

Posted by Torreira > 2019-02-14 15:51 | Report Abuse

bcz ppl more concern on their quarter result instead of brent oil price now...

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-02-14 15:59 | Report Abuse

to be truthful, im sceptical on coming qtr so i will release some before qtr out

Posted by newbie_2016 > 2019-02-14 16:26 | Report Abuse

wow what the hell happened? all hell break loose? q announcement rosy?? can trust ceo shahul hamid or not???

TheContrarian

9,491 posts

Posted by TheContrarian > 2019-02-14 16:30 | Report Abuse

Brent at highest point of the year at USD64.60

Posted by newbie_2016 > 2019-02-14 17:01 | Report Abuse

@TheContrarian, what your TP?

TheContrarian

9,491 posts

Posted by TheContrarian > 2019-02-14 17:06 | Report Abuse

No target price, I am bullish on Brent because there's a lot of open short selling positions out there. These short sellers are forced to buy back at higher and higher levels to close off their positions.

TheContrarian

9,491 posts

Posted by TheContrarian > 2019-02-14 17:08 | Report Abuse

The last time I sold Reach was at 0.505 and Brent was around USD85 then.

Torreira

137 posts

Posted by Torreira > 2019-02-14 17:45 | Report Abuse

dont trust the CEO as i remember he mentioned that the company will turn around in FY2018...however, it's still red now !!!

Posted by BetorInvest > 2019-02-14 18:05 | Report Abuse

Lets hope that the qr will be good, would like to see it hit 50 again soon

bp_tree

16 posts

Posted by bp_tree > 2019-02-14 18:39 | Report Abuse

likely this cny any pao^^

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-02-14 19:16 | Report Abuse

it can turn green if it can sell more than prev qtr output, but challenge is oil price ave sell price is lower

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-02-14 19:17 | Report Abuse

but it was profitable when other never expect in prev q2

TheContrarian

9,491 posts

Posted by TheContrarian > 2019-02-15 09:23 | Report Abuse

Yes, Brent has breached USD65.

bp_tree

16 posts

Posted by bp_tree > 2019-02-15 09:27 | Report Abuse

in right path and blooming

TheContrarian

9,491 posts

Posted by TheContrarian > 2019-02-15 09:45 | Report Abuse

Notice how quiet the form here.

bp_tree

16 posts

Posted by bp_tree > 2019-02-15 10:08 | Report Abuse

Yes. all shall excited with the move

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-02-15 10:25 | Report Abuse

i sold mine 35c. earn 5c profit. good luck for the coming result

Posted by fat chooi > 2019-02-15 10:59 | Report Abuse

35c only 207 lot bought u sure u are the lucky person?

Ratman

520 posts

Posted by Ratman > 2019-02-15 11:15 | Report Abuse

I quote34.5 too late , not out yet

TheContrarian

9,491 posts

Posted by TheContrarian > 2019-02-15 11:56 | Report Abuse

It is ok for Panda to take profit. Buy low can make 5 sen gain.

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-02-15 13:03 | Report Abuse

been selling from .335 last 3 days, today few batch match at 34, 345 and 35..

of course lah quote the highest to look good

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-02-15 13:06 | Report Abuse

i was losing when it fall from 35 to 22 and manage to buy back frm 26 to ave at 30c

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-02-15 13:09 | Report Abuse

my prediction qtr 50/50 profit/loss so i dont dare to wait qtr.. still losing at armada 40k

bp_tree

16 posts

Posted by bp_tree > 2019-02-15 15:33 | Report Abuse

When qtr release result

sheryn74

212 posts

Posted by sheryn74 > 2019-02-15 16:15 | Report Abuse

Why all of sudden drop pulak?

HazByn

842 posts

Posted by HazByn > 2019-02-15 17:27 | Report Abuse

due to asian markets fall

TingDong

59 posts

Posted by TingDong > 2019-02-15 18:33 | Report Abuse

Don't expect too much from 4Q report. This CEO promises the sky all the time, but bottom line results are always rotten...no profit, no dividends...nothing. No significant increase in production BPD since day one despite all the promises.... When results show red, only excuses!! CEO and team should show that they have earned their salt!!

samyew1234

1,362 posts

Posted by samyew1234 > 2019-02-15 19:27 | Report Abuse

this ceo ah, i think every night ktv at Kazakhstan la

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-02-15 19:52 | Report Abuse

if look for long term, can stay, if not should leave. all depends on your own strategy

bp_tree

16 posts

Posted by bp_tree > 2019-02-15 22:37 | Report Abuse

Brent reach rm65.66

acadi

314 posts

Posted by acadi > 2019-02-16 01:02 | Report Abuse

Brent now 66.04

TheContrarian

9,491 posts

Posted by TheContrarian > 2019-02-16 04:51 | Report Abuse

Brent reached as far as USD66.40 and still trading near that level.

bp_tree

16 posts

Posted by bp_tree > 2019-02-16 09:54 | Report Abuse

gap up rm0.40?

samyew1234

1,362 posts

Posted by samyew1234 > 2019-02-16 13:06 | Report Abuse

wait green result only talk la u all, last time oil usd 75 also in red

samyew1234

1,362 posts

Posted by samyew1234 > 2019-02-16 13:07 | Report Abuse

talk cock sing song only u all

Ratman

520 posts

Posted by Ratman > 2019-02-16 15:46 | Report Abuse

Monday possible price up

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-02-17 08:13 | Report Abuse

qtr will be out by end month, for those still at loss maybe hve no choice hve to wait/hold

for those are in profit, must make ur decision hold or keep

worst case scenario, coming is a loss, panic sell (of course its an issue if driller cant profit when oil above 60 for 2 consec qtr), price will push down back to below 30c

we shall know by end mth

sheryn74

212 posts

Posted by sheryn74 > 2019-02-18 11:06 | Report Abuse

Buy!

tomwah

1,599 posts

Posted by tomwah > 2019-02-18 11:55 | Report Abuse

any good s news ,,,,

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