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 - 0.02

Trading Volume

501,000


9 people like this.

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

DrJoel88

376 posts

Posted by DrJoel88 > 2021-02-16 08:36 | Report Abuse

Sell3

shasha112

22 posts

Posted by shasha112 > 2021-02-16 09:01 | Report Abuse

Is there any good news apart of litigation issues? I already feel bored..

izoklse

5,272 posts

Posted by izoklse > 2021-02-16 10:33 | Report Abuse

wow fly

izoklse

5,272 posts

Posted by izoklse > 2021-02-16 10:36 | Report Abuse

who ever sell previously now become gila. hehehe.

paktua73

18,324 posts

Posted by paktua73 > 2021-02-16 10:39 | Report Abuse

haha reach now rally for so longbwas sleep


tut tut
lai lai break 0.135

DrJoel88

376 posts

Posted by DrJoel88 > 2021-02-16 12:00 | Report Abuse

This rally wont last. Its gonna eat up min 10% of 2021 profits.

freddiehero

16,722 posts

Posted by freddiehero > 2021-02-16 12:03 | Report Abuse

Huhu.. nice wake up

Anisdesanika

1,235 posts

Posted by Anisdesanika > 2021-02-16 12:46 | Report Abuse

stock market sdh gila.Bad news,price go up.Good news,price go down. WTH???

izoklse

5,272 posts

Posted by izoklse > 2021-02-16 12:49 | Report Abuse

hehehe. Aiyo 15% on revenue only ma. with price surging silap more that that they will get.

Anisdesanika

1,235 posts

Posted by Anisdesanika > 2021-02-16 13:13 | Report Abuse

Any news will do for Reach.As long as there is news.Been silent for so long.Wondered this company still exist / not...

Posted by newbie_2016 > 2021-02-16 14:24 | Report Abuse

@Anisdesanika you are very right.. I AM SO CONFUSED right now... why goreng when the news is BAD???? Can anyone educate me please!!!!

Posted by newbie_2016 > 2021-02-16 14:30 | Report Abuse

A fews things in my mind:

1. Fine was only RM27k (so small in a bigger scheme of things)
2. 2 months suspension of ops (the punishment does not seem to fit the crime, so to speak, see point 1)
3. the whatever gas release sounded as if there was negligence/sabo on the part of employees/local mgmt??? (wonder how their risk mgmt deals with this)
4. Share price increased despite this news? Something smells weird..

My 2 sen

Anisdesanika

1,235 posts

Posted by Anisdesanika > 2021-02-16 14:42 | Report Abuse

Maybe jerung has collected enough.He/she has decided,now is the time to goreng.Finally...

Posted by newbie_2016 > 2021-02-16 15:06 | Report Abuse

@Anisdesanika i always tot jerung will goreng at good news.. but this NOT GOOD news!!! Has the world gone upside down??

sontoloyo

118 posts

Posted by sontoloyo > 2021-02-16 15:43 | Report Abuse

ada white knight coming in ka?

sontoloyo

118 posts

Posted by sontoloyo > 2021-02-16 15:44 | Report Abuse

heard in the market that oil price can go up to USD80 ..

Posted by newbie_2016 > 2021-02-16 16:18 | Report Abuse

brent december contract USD63, how can go 80?

Skng Keong

1,256 posts

Posted by Skng Keong > 2021-02-16 16:34 | Report Abuse

Buy REACH now will become RICH.......

Skng Keong

1,256 posts

Posted by Skng Keong > 2021-02-16 16:55 | Report Abuse

Those want sell can sell now....

Posted by newbie_2016 > 2021-02-16 16:59 | Report Abuse

lost steam oledy lah

paktua73

18,324 posts

Posted by paktua73 > 2021-02-16 18:40 | Report Abuse

paktua n team was reload from 0.10-0.11
hope coming week reach will hit above 0.15..


tut tut
real swing general

Posted by newbie_2016 > 2021-02-16 19:34 | Report Abuse

@paktua73 long time no see.. been awhile... why push the price when the news is bad??

Posted by Weechuan888 > 2021-02-16 21:21 | Report Abuse

I think wont go too high...better invest into some safer stock like BSLCORP look like bursting anytime

paktua73

18,324 posts

Posted by paktua73 > 2021-02-17 09:17 | Report Abuse

morning troopers..
we done yesterday fight..
now we wait our target..
let ride till 0.15..
dare to fight or die try..



tut tut
never say never

Posted by newbie_2016 > 2021-02-17 11:43 | Report Abuse

slow lah pak tua.. no gas? hehehe

freddiehero

16,722 posts

Posted by freddiehero > 2021-02-17 13:10 | Report Abuse

wah.. gorek minyak..

izoklse

5,272 posts

Posted by izoklse > 2021-02-17 13:12 | Report Abuse

Duit coming woo...

paktua73

18,324 posts

Posted by paktua73 > 2021-02-17 14:29 | Report Abuse

relax maa..time we wait..
after brent hit above usd75 reach will fly..


tut tut
let we see

Anisdesanika

1,235 posts

Posted by Anisdesanika > 2021-02-17 16:00 | Report Abuse

I'm having deja vu.Early 2019,this is the pattern.Reach wa from 1.5 sen slowly crawl up till 9.5 sen in 2 months.I was just learning to trade back then. Dayang was the leader.Good times.I think oil&gas theme has just started.

izoklse

5,272 posts

Posted by izoklse > 2021-02-17 16:39 | Report Abuse

Come on reach. push up a bit la for today.

limontea

1,171 posts

Posted by limontea > 2021-02-17 16:57 | Report Abuse

Patiently waiting...

651158

2,401 posts

Posted by 651158 > 2021-02-17 17:01 | Report Abuse

just buy and keep two or three month and see , i just buy in 500 lot mother and son 2000 lot

izoklse

5,272 posts

Posted by izoklse > 2021-02-17 17:02 | Report Abuse

hheh same here patiently wait since 0.04. Want it to explode higher.

651158

2,401 posts

Posted by 651158 > 2021-02-17 17:04 | Report Abuse

if international oil price up to usd 80 this two or three reach must also following up

izoklse

5,272 posts

Posted by izoklse > 2021-02-17 20:05 | Report Abuse

This is the situation now :

1. COVID 19 case still high and effort by government around the world is still way very moving slow. However there is hope demand picking up.

2. Many oil major or oil company suffer with huge debt and unable to proceed with further investment in oil or freeze remaining investment. They dont want to risk going for investment with demand not yet fully recover.

3. Huge Supply cut by OPEC

4. Oil storage around the world draining in fastest rate than previously thought.

5. Super cold weather in US & Canada and many western hemisphere country

6. Geopolitical conflict escalated in middle east between Saudi, Iran and US.

7. Oil major dont want to continue investment and stop production in many area around the world.

8. A lot of Shale producer facing bankruptcy and they dont want to continue opening new production or resume any production because of huge cost and Covid 19 not yet fully recovered. Cases still increase around the world.

9. China & India economy resume and production pick up at this major economy and they need oil.

10. Due to economic recovery and stimulus package by Many country, Inflation start picking up and this effect oil price.

11. Country with vaccination process on going already start reduce travel restriction and business start moving and oil consumption increase.

12. Production put on hold or halt in Texas US due super cold weather and no enough supply.

13. US plan for major stimulus package and world are waiting for it because it will give boost to economic recovery in a situation where oil production in US as all time low.

14. Many country in middle east and OPEC need oil at above 80 USD in order for them to cover their budget and stimulus package.

15. Biden are going for clean energy and many oil and gas future contract or investment under president trump are put on hold or cancel ie pipeline project between US and Canada and so on.

Posted by Singapore88 > 2021-02-17 20:49 | Report Abuse

Minyak naik usd65

651158

2,401 posts

Posted by 651158 > 2021-02-17 20:58 | Report Abuse

tomorrow maybe can up lo give me litter profit 0.005 sen also can

651158

2,401 posts

Posted by 651158 > 2021-02-17 21:05 | Report Abuse

this month oil maybe can hit to USD 70

freddiehero

16,722 posts

Posted by freddiehero > 2021-02-17 21:10 | Report Abuse

ya possible..

651158

2,401 posts

Posted by 651158 > 2021-02-18 08:04 | Report Abuse

collect collect more share one day up 0.005 sen also OK , today more people collect oil company share

651158

2,401 posts

Posted by 651158 > 2021-02-18 08:08 | Report Abuse

son maybe standing 0.025 sen , if can get 0.020 sen i with buy in 2000 lot again

freddiehero

16,722 posts

Posted by freddiehero > 2021-02-18 08:12 | Report Abuse

Huhu.. I only focus in mother

freddiehero

16,722 posts

Posted by freddiehero > 2021-02-18 08:12 | Report Abuse

good luck all

651158

2,401 posts

Posted by 651158 > 2021-02-18 09:22 | Report Abuse

reach standing working lo

paktua73

18,324 posts

Posted by paktua73 > 2021-02-18 09:25 | Report Abuse

now all know why paktua n team buy huge reach previously..
will reach paktua target rm0.15 above soon.
let hear our song again..

https://youtu.be/ZZhIKmWtf78

let thunder cry till the ground..


tut tut
legend general back in action

izoklse

5,272 posts

Posted by izoklse > 2021-02-18 09:36 | Report Abuse

Reach is upstream player and they supposed to benefit most because of the price surge and this will contribute increase in company profit if the price maintain in long run

izoklse

5,272 posts

Posted by izoklse > 2021-02-18 09:43 | Report Abuse

it still not being push much compared to the rest. Tapi lepas ni heheheh.

Skng Keong

1,256 posts

Posted by Skng Keong > 2021-02-18 09:55 | Report Abuse

Today is ONG ONG ONG day for REACH......

izoklse

5,272 posts

Posted by izoklse > 2021-02-18 10:16 | Report Abuse

Reach now on radar because it is upstream player and it will benefit most during this uptrend. Price still low compared to the rest.

Anisdesanika

1,235 posts

Posted by Anisdesanika > 2021-02-18 10:26 | Report Abuse

Yes,Reach is slower compares to others.But Reach will catch up eventually.Mcm arnab & kura2.Slow & steady,wins the race.

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