Highlights
KLSE: REACH-WA (5256WA)       REACH ENERGY BHD MAIN : Energy
Last Price Today's Change   Day's Range   Trading Volume
0.015   0.00 (0.00%)  0.015 - 0.015  200,000

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):0
4 Weeks Range:0.01 - 0.02
52 Weeks Range:0.005 - 0.05

Additional Info

Announcement: [Aug 13, 2014] Profile for Warrants
Issuer:-
Description:Eight (8)-year - 2014/2022 Warrants
Analyze this stock with MQ Trader system

  kchue1 likes this.
 
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 9:47 PM
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 10:02 PM
Jasper Coo Good potential stock, bought it !!!
21/09/2018 10:44 AM
Run Bull Reach still better than sprng.. Grab while u can.. still better than FD
21/09/2018 4:43 PM
godhand Sold 60%. The rest are free stock
24/09/2018 8:33 PM
Nicholasming91 Grab while u can !
25/09/2018 7:52 AM
Run Bull Will fly soon... no turning back
25/09/2018 10:21 AM
Run Bull Easy money..
25/09/2018 10:22 AM
nicchooi http://www.theedgemarkets.com/article/matrade-strengthen-malaysias-presence-azerbaijan-kazakhstan
25/09/2018 2:25 PM
Run Bull Just buy... & wait to fly
26/09/2018 4:18 PM
Run Bull Reach will make u rich
26/09/2018 4:18 PM
Run Bull It just like sleeping giant
26/09/2018 4:20 PM
vivabursa price up almost 100% de
01/10/2018 3:11 PM
HazByn buy.
01/10/2018 3:51 PM
Run Bull Tomorrow will break 0.14c. Next TP 0.17c - 0.19C
01/10/2018 10:42 PM
selamba noted run bull....tq
03/10/2018 11:12 AM
WealthSoWonderful Damn cheap proxy to O&G. Less than quarter the price of the Mother. WTF, man. I'm in.
05/10/2018 2:44 PM
WealthSoWonderful Still keeping the Mother, though. Maybe add a bit more also.
05/10/2018 3:27 PM
GoldenHarvest1 Managed to grab some at 11
06/10/2018 12:15 AM
Nicholasming91 Yes the son is actually undervalued at the moment .
06/10/2018 12:19 AM
WealthSoWonderful Precisely. Very, very undervalued.
06/10/2018 12:48 AM
Run Bull The price very chip, will fly matter of time. Grab while can
07/10/2018 4:09 PM
HazByn push
09/10/2018 10:18 AM
FortuneBlooming Daughter volume looks like catching up with Mother
09/10/2018 4:25 PM
HazByn daughter looks strong.
11/10/2018 5:22 PM
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 3:29 PM
HazByn Post removed. Why?
16/10/2018 4:16 PM
nicchooi Post removed. Why?
16/10/2018 4:22 PM
MoneyAndHoney Strong volume
17/10/2018 9:07 PM
nicchooi sapu 10 cents!!!
24/10/2018 11:22 AM
BountyOfTheBourse Collecting
26/10/2018 4:44 PM
Run Bull 1st time volume better than hibiscus ..
12/11/2018 10:37 AM
The speculators The speculators QQQQQQQQQRRRRRRRRRRRR COMING
12/11/2018 7:17 PM
The speculators The speculators I am shopping like mad, because my vision is above 5p sen
12/11/2018 7:18 PM
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 7:19 PM
samuel Wow so cheap now
14/11/2018 4:44 PM
WealthSoWonderful When Mother flies, Daughter will be flying even faster. Becos Daughter is more nimble & more agile than Mother.
19/11/2018 6:07 PM
GoldenHarvest1 Of course. That is only natural & something to be expected.
19/11/2018 6:15 PM
19/11/2018 7:55 PM
asd88 Lol!! There is no cheapest, as there is always cheaper ones
04/12/2018 11:25 AM
BetorInvest The warrant volume is so high today..
31/12/2018 2:19 PM
HazByn rally?
08/04/2019 10:29 AM
princeo 提醒: 公司压低母股的股票让持有warrant变成废纸!
warrant是公司发行附加股免费送的,一旦大股东卖完warrant他们将压低价格直到warrant低于行使价格直到warrant到期变废纸。 很多小股民都是损失了大部资金在买warrant.
warrant 是一个风险极高的赌博产品。
03/05/2019 9:06 AM
DawnRaider Comeback kid! Let’s see some show tomorrow!!!
17/07/2019 8:19 PM
highcube FINAL CALL, POTENTIAL UP 100%
06/01/2020 9:37 AM
mbd550066 Yes,,,,, soon,,
21/05/2020 4:27 PM
derrickinvestor Fck... this son got no erections
11/08/2020 3:31 PM
hisyam tomorrow will fly
11/08/2020 8:29 PM
Anuar Jusoh Next week up 0.11 cent
29/08/2020 3:06 PM
Anuar Jusoh tidur
03/09/2020 8:57 AM


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