Posted by newbie_2016 > 2022-08-18 11:54 | Report Abuse

The new Honkie shareholder bought the new shared at 20 sen lah... he must know something??

Posted by billionman > 2022-08-18 20:38 | Report Abuse

true...what happens then sleep

Posted by billionman > 2022-08-18 20:39 | Report Abuse

..Reach Energy Bhd (REB) has proposed to issue 1.03bn new ordinary shares at an issue price of 20.0 sen per share to undertake a debt settlement exercise involving RM206.5m owed to Super Racer Limited (SRL). At the same time, SRL and Cheung Siu Fai, acting in concert with SRL, intend to seek an exemption from the Securities Commission Malaysia from the obligation to undertake a mandatory take-over offer for the remaining REB shares and the outstanding warrants issued by REB expiring on 15th Aug 2022 on completion of the proposed debt settlement. The proposals are expected to be completed by 2H22. (The Star)

Posted by billionman > 2022-08-18 20:40 | Report Abuse

now pass 15 aug...22....nothing moves..

Posted by billionman > 2022-08-23 11:40 | Report Abuse

no news

Posted by Habiskau > 2022-08-25 18:14 | Report Abuse

WTF ..this quarter still red ?

Posted by Leoleo > 2022-08-25 18:20 | Report Abuse

they will make the QR look bad so that you all will approve the share sell agreement .

Posted by Leoleo > 2022-08-25 18:21 | Report Abuse

it said oil sold at price lower than last year same quarter , hahaha

Posted by Leoleo > 2022-08-25 18:22 | Report Abuse

last year 2021 june , brent price at 50 usd ??

Posted by Habiskau > 2022-08-25 18:32 | Report Abuse

yup ..selling price lower than last year same quarter ..who believe ?

Posted by Leoleo > 2022-08-25 20:52 | Report Abuse

go report police and SC

Posted by TheContrarian > 2022-08-25 20:54 | Report Abuse

Domestic selling price is very low, I think around USD20. War in Ukraine probably shut off the export routes.

Posted by Leoleo > 2022-08-26 11:16 | Report Abuse

may be they want to let the HK boss take over Reach for 1 RM . next Q bad result, lose 30 M

Posted by melkeng888 > 2022-08-27 00:19 | Report Abuse

if so they just bought it from market and delist it.

Posted by newbie_2016 > 2022-09-02 15:23 | Report Abuse

@Billionman... kepish?

Posted by adikkici > 2022-09-29 11:47 | Report Abuse

Belum 20 sen meh?

Posted by billionman > 2022-10-04 16:55 | Report Abuse

steady

Posted by TheContrarian > 2022-10-04 17:24 | Report Abuse

Bought at 3.5 sen.

Posted by billionman > 2022-10-09 08:38 | Report Abuse

oil steady....

Posted by billionman > 2022-11-01 20:09 | Report Abuse

reach....wake up..wake up

Posted by chimchim > 2022-11-02 11:31 | Report Abuse

nyawa2 ikan

Posted by newbie_2016 > 2022-11-03 08:52 | Report Abuse

kepish lor

Posted by newbie_2016 > 2022-11-09 17:13 | Report Abuse

@TheContrarian still got hope ah Reach??

Posted by TheContrarian > 2022-11-09 17:37 | Report Abuse

@newbie_2016, one fine day it will spark and spike up.

Posted by newbie_2016 > 2022-11-10 14:28 | Report Abuse

wow!! am honestly amazed by your optimism!! how come market doe not see it that way? want to learn your perspective

Posted by hoot9e996 > 2022-11-30 17:42 | Report Abuse

tomorrow FLY!!!!!!!!!

Posted by hoot9e996 > 2022-11-30 17:42 | Report Abuse

tp 10c !!!!! lets go

Posted by TheContrarian > 2022-11-30 17:53 | Report Abuse

QR out, net profit of RM16.9 million in latest quarter which is EPS of 1.5 sen. Share price now only 3.5 sen/4 sen.

Posted by TheContrarian > 2022-12-01 09:07 | Report Abuse

Nice opening. Go, go, go Reach, make everyone rich.

Posted by hoot9e996 > 2022-12-02 17:04 | Report Abuse

POWER!!!

Posted by hoot9e996 > 2022-12-06 16:16 | Report Abuse

GO GO GO 8C COME TO PAPA

Posted by TheContrarian > 2022-12-06 16:54 | Report Abuse

Penny counters to rally?

Posted by newbie_2016 > 2022-12-07 08:22 | Report Abuse

christmas comes early eh @TheContrarian? ;)

Posted by TheContrarian > 2022-12-07 09:08 | Report Abuse

@newbie_2016, Reach has room to go up much further. Last quarter it easily made EPS of 1.5 sen. A whole year would be 6 sen.

Posted by DonLee > 2022-12-07 09:26 | Report Abuse

profit due to foreign exchange gains, read the qr report pls



TheContrarian

QR out, net profit of RM16.9 million in latest quarter which is EPS of 1.5 sen. Share price now only 3.5 sen/4 sen.

6 days ago

Posted by fl888 > 2022-12-08 11:38 | Report Abuse

The person who accept the debt settlement at 20cts per share when the share is now 5.5cts….do not make sense

Posted by newbie_2016 > 2022-12-08 16:09 | Report Abuse

@fl888 exactly I was wondering the same thing! What gives??? Are we missing anything?

Posted by fl888 > 2022-12-09 08:40 | Report Abuse

How or when will Reach reach 20cts ?

Posted by Trader6666 > 2022-12-15 11:51 | Report Abuse

How is the EGM outcome? anyone know?

Posted by electrifyworld > 2022-12-20 14:12 | Report Abuse

Engine heating up, ready to go now

Posted by newbie_2016 > 2022-12-22 08:56 | Report Abuse

go where @electifyworld?

Posted by newbie_2016 > 2022-12-22 08:56 | Report Abuse

go where @electifyworld?

Posted by bizbro > 2022-12-28 15:30 | Report Abuse

good speculation ahead???

Posted by terence775 > 2022-12-28 20:43 | Report Abuse

interesting developments happening with reach. PM me for the coverage

Posted by billionman > 2022-12-28 21:38 | Report Abuse

kazakstan is a huge country..twice big than Arab Saudi..so lots of oil and gas opportunities

Posted by newbie_2016 > 2023-01-03 13:20 | Report Abuse

and yet price is static lah @billionman... what gives?? market wrong?? hmmm

Posted by electrifyworld > 2023-01-04 13:32 | Report Abuse

underlooked by market.... will fly anytime

Posted by newbie_2016 > 2023-01-09 09:45 | Report Abuse

or when pigs fly??? heheheh

Posted by billionman > 2023-01-10 13:11 | Report Abuse

elephant too fly

Posted by billionman > 2023-01-10 13:13 | Report Abuse

why ppl still or dared to buy at .20 cent?...oil will be there for sure only to take it out and markwting....ricih richer