Highlights
KLSE: REACH-WA (5256WA)       REACH ENERGY BHD MAIN : Energy
Last Price Today's Change   Day's Range   Trading Volume
0.07   0.00 (0.00%)  0.065 - 0.07  4,994,000

Overview

Type:Warrants
Sector:
Listing Date:Aug 15, 2014
Maturity Date:Aug 12, 2022
Issue Size:1,277,822,225
Exercise Price:MYR 0.75
Ratio: 1:1
Underlying Stock:
Avg Volume (4 weeks):5,875,557
4 Weeks Range:0.065 - 0.10
52 Weeks Range:0.06 - 0.135

Additional Info

Announcement: [Aug 13, 2014] Profile for Warrants
Issuer:-
Description:Eight (8)-year - 2014/2022 Warrants
Trade this stock with T+7 trading account. Find out more.

  kchue1 likes this.
 
godhand break break break
19/09/2018 11:26
Run Bull Ya.. easy money uncle & aunty. Good bye 0.85..
20/09/2018 09:21
Run Bull Will break 0.095 then TP @ 0.11-0.12 soon
20/09/2018 09:25
Run Bull Get it faster before too late ..
20/09/2018 09:28
Run Bull Easy money.. Reach will get u rich
20/09/2018 09:33
godhand easy bugatti.
20/09/2018 10:05
godhand top volume today. road to 15c
20/09/2018 10:17
Run Bull Once break 0.12c. Next TP 0.17c - 0.19c
20/09/2018 20:21
Run Bull Grab while u can..
20/09/2018 20:21
Run Bull Too much better than FD
20/09/2018 20:22
YLR33 REACH finance cost per year around 84.2m

from QR pg 9 item A7 (i) first 3 item, interest at least 36m, prinsipal
payment at least 48.2m9 (total borrowing 627m divide by 13 years : 20yrs-7 yrs in operation)
the higher usd higher finance cost

total operating cost per barrel is high, previously calculated usd$55pb
could be underestimated, base on 1H2018, operating loss is rm1.7m it mean if the realised selling price is $72.55 (take hibi north sabah ASP, as somebody claim Reach quality similar or better than north sabah)
so with 2900bpd and selling price $72.55pb still run into operating lost rm1.7m(page 1 QR)

extract tax, export tax, export duty tax etc is 33% of Revenue, it percentage can only go higher if Brent go higher, which cannot mitigate by bigger scale of production

as CAPEX remain high until year 2023 (commitment, page 10) depreciation cost will go higher

even with current high Brent price, and 12000bpd on year 2020, HLG forecast earning 40m (not yet take Capex and financial cost into consideration)

12000bpd is with assumption CPF completed in 3Q18 (have been delay from 1Q19), and construction work of CPF only will be resume subject to funding avaialbility, part of $100m Reach is looking to raise (HLG report)
20/09/2018 21:47
YLR33 even with current high Brent price, and 12000bpd on year 2020, HLG forecast earning 40m (not yet take Capex and financial cost into consideration)
shall read as

...(earning befare take CAPEX and borrowing prinsipal payment into consideration)
20/09/2018 22:02
Jasper Coo Good potential stock, bought it !!!
21/09/2018 10:44
Run Bull Reach still better than sprng.. Grab while u can.. still better than FD
21/09/2018 16:43
godhand Sold 60%. The rest are free stock
24/09/2018 20:33
Nicholasming91 Grab while u can !
25/09/2018 07:52
Run Bull Will fly soon... no turning back
25/09/2018 10:21
Run Bull Easy money..
25/09/2018 10:22
nicchooi http://www.theedgemarkets.com/article/matrade-strengthen-malaysias-presence-azerbaijan-kazakhstan
25/09/2018 14:25
Run Bull Just buy... & wait to fly
26/09/2018 16:18
Run Bull Reach will make u rich
26/09/2018 16:18
Run Bull It just like sleeping giant
26/09/2018 16:20
vivabursa price up almost 100% de
01/10/2018 15:11
HazByn buy.
01/10/2018 15:51
Run Bull Tomorrow will break 0.14c. Next TP 0.17c - 0.19C
01/10/2018 22:42
selamba noted run bull....tq
03/10/2018 11:12
WealthSoWonderful Damn cheap proxy to O&G. Less than quarter the price of the Mother. WTF, man. I'm in.
05/10/2018 14:44
WealthSoWonderful Still keeping the Mother, though. Maybe add a bit more also.
05/10/2018 15:27
GoldenHarvest1 Managed to grab some at 11
06/10/2018 00:15
Nicholasming91 Yes the son is actually undervalued at the moment .
06/10/2018 00:19
WealthSoWonderful Precisely. Very, very undervalued.
06/10/2018 00:48
Run Bull The price very chip, will fly matter of time. Grab while can
07/10/2018 16:09
HazByn push
09/10/2018 10:18
FortuneBlooming Daughter volume looks like catching up with Mother
09/10/2018 16:25
HazByn daughter looks strong.
11/10/2018 17:22
DreamConqueror When things start really picking up, Daughter normally starts trotting, cantering & galloping faster than Mother. Becoz Dughter is always naturally fresher, younger, more agile & more energetic than Mother.
12/10/2018 15:29
HazByn Post removed. Why?
16/10/2018 16:16
nicchooi Post removed. Why?
16/10/2018 16:22
MoneyAndHoney Strong volume
17/10/2018 21:07
nicchooi sapu 10 cents!!!
24/10/2018 11:22
BountyOfTheBourse Collecting
26/10/2018 16:44
Run Bull 1st time volume better than hibiscus ..
12/11/2018 10:37
The speculators The speculators QQQQQQQQQRRRRRRRRRRRR COMING
12/11/2018 19:17
The speculators The speculators I am shopping like mad, because my vision is above 5p sen
12/11/2018 19:18
The speculators The speculators Now is very dam cheap for this price, u will never think so anymore by 1 or 2 week from now
12/11/2018 19:19
samuel Wow so cheap now
14/11/2018 16:44
WealthSoWonderful When Mother flies, Daughter will be flying even faster. Becos Daughter is more nimble & more agile than Mother.
19/11/2018 18:07
GoldenHarvest1 Of course. That is only natural & something to be expected.
19/11/2018 18:15
19/11/2018 19:55
asd88 Lol!! There is no cheapest, as there is always cheaper ones
04/12/2018 11:25


 

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