Highlights
KLSE: REACH (5256)       REACH ENERGY BHD MAIN : Energy
Last Price Today's Change   Day's Range   Trading Volume
0.39   0.00 (0.00%)  0.385 - 0.395  4,658,700
Analyze this stock with MQ Trader system

Overview

Market Cap: 428 Million
NOSH: 1,096 Million
Avg Volume (4 weeks):14,705,800
4 Weeks Range:0.36 - 0.45
4 Weeks Price Volatility (%):
33.33%
52 Weeks Range:0.24 - 0.52
52 Weeks Price Volatility (%):
53.57%
Average Price Target: 0.35
Price Target Upside/Downside: -0.04
Stamp duty exempted for year 2018

Financial Highlight

Latest Quarter | Ann. Date 30-Jun-2018 [#2]  |  27-Aug-2018
Next QR | Est. Ann. Date: 30-Sep-2018  |  29-Nov-2018
T4Q P/E | EY: -5.22  |  -19.15%
T4Q DY | Payout %: 0.00%  |  - %
T4Q NAPS | P/NAPS: 0.74  |  0.53
T4Q NP Margin | ROE: -78.91%  |  -10.09%

Headlines

Date Subject
09-Nov-2018 M+ Online Technical Focus - 9 Nov 2018
09-Nov-2018 Daily Market Update - 9 Nov 2018 (KGB, REACH)
30-Oct-2018 Technical View - REACH ENERGY (REACH,5256)
26-Oct-2018 M+ Online Technical Focus - 26 Oct 2018
26-Oct-2018 Daily Market Update - 26 Oct 2018 (SERBADK, REACH)
25-Oct-2018 PublicInvest Research Headlines - 25 Oct 2018
24-Oct-2018 Reach Energy announces discovery of oil-bearing reservoir in Kazakhstan
23-Oct-2018 [转贴] Reach Energy开源节流的成绩单 - 听见股市
23-Oct-2018 Daily Market Update - 23 Oct 2018 (EATECH, REACH)
18-Oct-2018 Technical Analysis - Reach Energy
10-Oct-2018 Reach能源 哈萨克探油利业绩
09-Oct-2018 Mplus Market Pulse - 9 Oct 2018
09-Oct-2018 Reach Energy - Kick Starting K-16 Exploration Well
01-Oct-2018 PublicInvest Research Headlines - 1 Oct 2018
01-Oct-2018 Mplus Market Pulse - 1 Oct 2018
27-Sep-2018 Daily Technical Highlights – (UZMA, REACH)
20-Sep-2018 Technical Analysis - Reach Energy
14-Sep-2018 Technical Analysis - Reach Energy
14-Sep-2018 Daily Technical Highlights – (REACH, AIRASIA)
14-Sep-2018 Reach Energy - Higher Production in 2H18

Business Background

Reach Energy Bhd is an oil and gas exploration and production company. It is principally engaged in the exploration, development, and sale of petroleum products in the Republic of Kazakhstan. The company earns the majority of its revenue from the sale of crude oil in the Republic of Kazakhstan.
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  8 people like this.
 
CoolBull One more roll of big ringgit in the pipeline
16/11/2018 22:19
Ziko Ro B4b4 now busy calculate profit for reach. Handsome gain will be coming!!
16/11/2018 22:31
WeiZian Chin my cost at 0.46 leh...so sad T.T
16/11/2018 22:45
moneypedia richie reach or richie rich or ricirit. you choose..
16/11/2018 22:52
Nicholasming91 Weizian should have collected at 0.37 to average ur cost , but dont worry if oil stabilize we can REACH to the top !
16/11/2018 23:20
GoldenHarvest1 It is not productive to be dwelling in sadness over a not so perfect decision. It happens to all of us, at one time or other. Just soldier on & take it in your stride.
16/11/2018 23:25
deMusangking https://www.cnbc.com/2018/11/16/saudi-arabia-cuts-oil-shipments-to-us-in-likely-bid-to-boost-prices.html
16/11/2018 23:30
ProsperousRealm In a case like that one, what you can do, sometimes, is look around at something else & make a switch at the most suitable time. For example, on a day when Reach is up & either Reach WA or Perdana is down, then you can switch to either Reach WA or Perdana.

When you have made some profit there, then you can switch back to Reach, again at the right time. Then, you might reduce your paper loss. Or, if you're lucky, you might even wipe it out completely.
16/11/2018 23:34
SuperPanda what happen if you out from reach and it rocket up after you sell and the perdana you bought going down?

i would rather stick to future prospect for holding reach and keep cash aside. when opportunity comes, use the cash to buy perdana or others at lower price (i bought at 24 and sold at 27.5 in 2 wks trade).

by doing this, i will not miss the bus if reach shoot up again and at the same time make profit at short trade

cash is the king. use it wisely.
17/11/2018 01:19
Nicholasming91 Wa piang lo CIA identify Saudi King Salaman ordered kill on Khashoggis , if sanction on Saudi lagi good ah ! Oil go up
17/11/2018 09:03
deMusangking https://www.thestar.com.my/news/world/2018/11/17/cia-has-concluded-saudi-crown-prince-ordered-journalists-killing--washington-post/
17/11/2018 09:08
Nicholasming91 US- so like to cut oil ah, i help u cut ! Cut 99 ! If Saudi increase production means political uplifting !
17/11/2018 09:21
B4b4 If Trump goes loggerheads against the Saudi Crown Prince, then impose sanctions like Iran, oil price will spike to USD 200 pb
17/11/2018 18:31
deMusangking i dun think so!!! saudi is us best arab fren!!!!!
17/11/2018 18:45
B4b4 Trump just fooled the Saudi to replace Iran oil but Trump gave waiver
17/11/2018 20:34
Nicholasming91 If they continue to show relationship between saudi and US, not good also people will know oil price is being rmanipulated
17/11/2018 20:42
Nicholasming91 Probably when Saudi announce to cut production , the US use Khashoggis death to threaten Saudi that they have confirmed is Saudi king killed . But why not before that confirmation on the killing ? Why only confirm when after the announce cut production? obviously US did all these thing (trying to waive Iran and switch to Saudi sanction ) But if Saudi is not confident enough on Khashoggis death, they wont agree on cutting production . US famous for its accusations and drama
17/11/2018 20:46
Ziko Ro Fuel prices will rally next week range 70-75 before opec largest meeting on 6 dec.
17/11/2018 21:05
DreamConqueror Not King Salman, Nicholas. But the Crown Prince Muhammad bin Salman, his son & heir-apparent.

https://www.cnbc.com/2018/11/16/cia-reportedly-determines-saudi-crown-prince-ordered-khashoggis-death.html
18/11/2018 02:36
DreamConqueror Not that surprising, really, becos he is indeed the current de facto ruler. The one actually running the show on behalf of his ageing & physically frail father.
18/11/2018 02:40
longvalley It'$ ending ........
Trump ............
Let'$ waiting n seeing........!!!!!?
18/11/2018 11:14
B4b4 Brent price above 65 pb, Reach still make a decent profit
18/11/2018 17:06
B4b4 Just to refresh our attention, 1. On 24 Oct 2018, Reach successfully completed the Y-3 well as budgeted, 2. On 6 Oct 2018, the Kariman K-16 vertical exploration well has been spud using advanced drilling program undertaken by a mix of local and international reputable service providers such as Sinopec, AsiaPetroService, Drill-Lab Kazakhstan and KazPromGeofizika, 3. On 1 Oct 2018, Reach obtained authority approval to commence the trial production period of the North Kariman field for 15 months.
18/11/2018 17:17
SuperPanda coming few days last call to buy below 40c, after that will be 45c and touch back 50c before correction
18/11/2018 20:49
MoneyAndHoney Muhammad Bin Salman (MBS) needs oil revenue to fund his ambitious plans to transform Saudi Arabia, while avoiding unrest from those hurt in the process. The International Monetary Fund forecasts that the kingdom will need an oil price of $73.3 a barrel next year to balance its fiscal budget. Brent crude is trading about $5 below that, with Saudi Arabia’s exports trading at a discount to the North Sea benchmark. Prolonging output cuts for a third year is the only way he can realize the price he needs.

extracted from:
https://economictimes.indiatimes.com/markets/commodities/views/view-oil-price-is-now-controlled-by-just-3-men/articleshow/66678879.cms
19/11/2018 01:07
Nicholasming91 Syok ah open market 67 something, slowly climb xlimb
19/11/2018 08:05
偉國 Good day today for market KLSE.. no more monday blue.. Monday Green Today!
19/11/2018 08:14
B4b4 Relax and stay cool. Brent is up now 67.33 pb.
19/11/2018 08:42
B4b4 Last call..... To buy at 39.5s
19/11/2018 09:17
Nicholasming91 Oil will go 68 today ! Then tomrrow 70!
19/11/2018 09:28
fazlyfaruc tighten your seat belt
19/11/2018 09:45
_Investment_ Sleeping day. Bounce around 0.390 - 0.395, although Dow Jones, KLSE & Brent Oil green
19/11/2018 10:21
B4b4 Patience..... Patience.....
19/11/2018 11:57
WeiZian Chin MONDAY BLUE...
19/11/2018 15:17
SuperPanda buy now before its too late. saudi has offloaded more barrels from shipment to us.
19/11/2018 15:19
B4b4 Brent price now is still up by 1% ie 67.43 pb
19/11/2018 15:46
DreamConqueror I told ya all, that day, to be erecting one leg in Perdana. You wud not hv been regretting it, if you had done.
19/11/2018 16:24
Want2Win ki ki ki

Wa sulah taluk wa pinya leg satu leg!!!
19/11/2018 16:35
Want2Win Ini minggu huat arr loh. Gaw gaw fatt tatt loh.
19/11/2018 16:36
SuperPanda Not only perdana, im dancing at dayang too, later will be reach
19/11/2018 16:38
BountyOfTheBourse Oil Prices May Have Reached A Bottom

https://oilprice.com/Energy/Crude-Oil/Oil-Prices-May-Have-Reached-A-Bottom.html
19/11/2018 16:57
BountyOfTheBourse Can We Expect A Major Rebound In Oil Prices?

https://oilprice.com/Energy/Oil-Prices/Can-We-Expect-A-Major-Rebound-In-Oil-Prices.html

The short answer is ... YES!!!
19/11/2018 16:59
Want2Win ki ki ki

Next week 45!!!
19/11/2018 17:13
SuperPanda i bought 39 again. sudah banyak kumpul ni. sapu kaw kaw.
19/11/2018 17:25
Nicholasming91 Dayang earn alrdy switch to here kikiki
19/11/2018 17:28
B4b4 Reach has important announcement regarding about doing downstream business together with a local Kazakshtan company , KatZatGas .
19/11/2018 18:04
B4b4 KTG, KazTransGas is a state-owned national gas pipeline operator and GPC is a the concession owner relating to processing feed gas into downstream products. Both Reach and GPC see a mutually beneficial partnership.
19/11/2018 18:19
SuperPanda why switch, both keep lah. more to come.
19/11/2018 18:24
SuperPanda i even bought velesto today.. ha ha. suka suka only. bet on coming quarter in few days. its cheap now.
19/11/2018 18:26
B4b4 Don't switch. Just wait and hold your position. Be patient .
19/11/2018 18:29


 

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