guys,
after 2017 august, its take 3-4 months time to redeem 0.765 IF QA fail.
And you only able redeem 0.765 x 98% payment from 1st stage = about 0.749cents
2% balance payment take longer time to redeem.

i'm same boat with you guys...
but above talk like 0.76cents also dont want sell, must above 0.76cents msg....... funny threaten and mmm.... macam fabricate story leh....
management who care about your vote after their confident calculation to get about QA 75% vote ??
last EGM postpone i guess they no confident get placement vote go through....
anyway, good luck to you guys. make more $ !

fyda74, me will bring wife along. we both also ikan bilis share holder.

Kmtan88, my 2 cents view: 5% retail investor make VERY VERY minor impact to the QA vote.
i dont think the management team can feel our ikan bilis threaten and pushing up the share price.
Guess right now the management team already have the answer by their own calculation tomorrow the QA vote go through or not.
attend tmr EGM because never attend SPAC comapny QA vote before.

Fyda74 and Guys, c u tmr EGM.
and i'm interesting to see live voting who is vote NO. ( retail investor about 5% ONLY )
Then we can view above comments vote NO people , who is real holding the share OR talking lie!

Please study more about Reach shares only make comments....
the top 30 shares holder hold the 80% shares from total.
others Ikan bilis like me hold little shares only. Guess we ikan bilis unable make big impact to the vote result. rely on top 30-100 share holders
However, c guys at EGM 330pm. i will vote YES!!!!
( i'm doubt again whoever ikan bilis saying vote no, whether they have Reach shares on hand ?? )

I guess CS/PAC have same WORRIED with us.
"IF" the QA so lucky go through approve,
How does Management team members guarantee on hand 20% not to sudden throw into market make price plunge after QA approve ???? ( sell and take cash RUN AWAY ... ???? ).

this is interesting!!!

to me current price yet to reach return price 0.76cents before vote day , no much meaning!!

Why we so scared about SC/PAG ???
they are invested SPAC just wanna making $... if the QA is worth, why we worry they vote NO ??? LoL

Above everyday GSC Hollywood + Bollywood show !!! every 1 hard neck max max!
readers must adapt it. LoL

From having some 4,000 shareholders a year ago, Reach’s shareholder base has now halved to some 2,000 shareholders.

Good Sign!!! majority of them die hard holding!!! It is easy to "manage" up like rocket !!
If so lucky QA approve! i also would not sell ! LoL

i suspect above all asking sell people don't have single reach share on hand at ALL...
just wanted to take advantage to trade to make market disrepute.
CS buying in again last 2 day, As foreigner willing to buy and invest,
but local people don't c the potential of reach energy return.....!!! :-(
(just raise your voice say that u have the share and u gonna vote NO )

However, i still keep buy from 0.59 to 0.690.
i will vote YES coming QA.
NO HARM at all if QA fail because return still attractive ( 0.69 compare to 0.765 return, about 11% yield per year as Bank interest so LOW right now. Fix deposit about 2.85% per month ONLY )

after so many days and come back , see BWC and investo again Dispute with others again...
really boring...
can you all stop useless quarrel ??
BWC & Investo mighty couple , please rest a week and come back comments thereafter la,
i guess the "fraudster" u guys mention will be stop comment as well ??
Pleaseeeeee..... LOL
Jho Low' gang cabut first... BYE!!

very strange that, EPF keep buying since last few month ......
unless EPF confident that bank negara will lower down the interest again before year end ???

Yes, Orson Chin is right....
No point CS / Public keep buying above 0.69-0.70 as valuation gamble not worth it.
however, i will still attend EGM and vote yes with my Ikan Biris share..... IF end up vote still fail, nothing to lose, just wait 3 years get back my "more than FD interest" loh.
But would not keep negative talking look down it will fail ! cheers!

the blow water big picture king was informed by Zika and turning so fast up up up !!! laugh :-p

5pm ... sure sooner the Investo turn up and make backing up .... :
Kai gang la, fraudsters gang la.....

Honestly,
actually I'm Jho Low gangs.... please don't disclose my Jho Low Big picture to any 1. TQ.
Cabut..... bye!!! LoL

blow water big picture King , really Neck Hard dou !!! hehe...

definitely I will go and vote YES + ON La !!!! :-)
See u guys when coming EGM !!

blow water big picture king !!!! laugh :-)

BWC,
u ask readers not to follow any 1 blindly.
but Investo following U seriously blind blind x 10.
( and some more what kai89 gang la. this & that.... laugh Lol !! )

BuyWithConviction, warm advice:
can u please rest a week, and come back to comment thereafter ??
i only c every day EVERY readers here blast u 99, but u still insist and pretending nothing wrong.
Young man, cool down,
get a rest la.. if not, it is really annoying.

Investo & BWC,
-- please provide evidence i'm kai89' gang, U guys very "intelligent" by checking the ID info what ?(Whoever pointing u 2, u also saying they r in Kai89 group ?? )
-- Investo, I don't like Scam or Bad people. But come on, I have been observe u & bwc comments over a months, don't u think u r also A Scam by keep promoting AA, Padini, Armada, F&H.. etc ??
-- Please help explain WHY and what is the INTENSION u both keep promoting AA, Padini, Armada, F&H at this Supermax Forum (almost at least 1-2 time per week ).
but not promoting at their own forum instead ??? ( I need this "intelligent" answer to convince me. Please do not avoid/Run away from this humble request question )

Kindly provide us above solid answer, and I will keep silent aside, and pretend "Not Very Intelligent"


Andychk,
Thanks for your support, but I wish others ID no need support me my above replied comments.
Let Readers and Admin decide. let see i'm Kai89 Gang or they r BOTH also a Scam and Bad people???

Although I don't agreed with Kai89 comments,
But I feel weird with BuyWithConviction & Investo tag team keep big big picture and keep promote AA,Padini,Armada,F&H recently.....
You both really make this chat room uncomfortable with less readers.

Remark:
--I'm not any gang, any group!! I'm just small picture investor.

Admin,
can we report abuse if above keep promote others stocks here misleading readers ??? :-P

DannyTSK, this morning I sapu bit below 2.40. Now i'm awaiting you sell yr on hand $1million share, humble request.

BWC, your intension is good, always remind investors be careful of scams. TQ for reminder.
Small request, can u please don't speak/repeat "big picture" again??? I guess u should be higher age that Kai89. more mature...... TQVM!!

cabut!!! :-p

After "boom' say bought rm1million share, now u ask people to sell . Do you think people will believe u again , DannyTSK ??
please sell you share now below 2.40, we are awaiting you.
this forum full of entertainment... bought $1m share and another 1 big picture AA & PAdini.
hahaha.... cabut.... !!!!!

Come on BWC, please don't repeat "Big Picture" AGAIN!!!
if you know big picture very well, u would understand that no matter how, FED will still increase interest at 1-2 time year 2016 ( or soonest on june ).
and if you understand Big picture well, u would understand that Supermax new plant is complete soon in year 2016 (impossible drag until next year jor). and profit jump up 30%.

cabut from this forum!!! :-)

every day receiving email update from Reach Energy (registered news update) ,
CS buying almost every day within this few weeks....
CS steady... !!!!
I also follow u CS, buy in some more. Close eye follow u ( worst case wait until next year August 2017 )

free at office... join the war. :-)
BWC, u know nothing about big picture ( please stop using this "big picture" )
Kai89, curious this time why u terbalik rate higher price. its not easy to push up the price with current sentiment. UNLESS, superman boss make new positive announcement ! such increase dividend rate, bonus issue, 2nd listing at HK...etc

End... big ikan bilis fast fast cabut!!! no eye c the taruk back thereafter!! :P

Personally, i'm turn to negative after management suggested placement proposal!! :-(

CS non stop keep buying every day... Steady!!
Wanna c how high price u willing to buy!!

To Reach share holder whoever wanna sell:
Since CS keep Q-ing and Buying every day, Please help raise up your Q selling price leh...
No point you sell @ 6.85 / 0.69 / 0.695.
try q 0.70 and above.... then we will c what CS wanted actually.
-- to vote on and become biggest share holder
-- vote no for final yield return.

Yes... Tabung haji & CS keep buying. The Datin also keep buying before that...
the more CS buying , the more possibility to vote No... :-(

speak up,
some seller may bought earlier on 0.60-0.64 and sell at 0.68
and mayb some seller already make profit and don't want to wait another 1 year 8 months to get back the cash value.
if we understand well above, and we could know Credit Suisse also don't want "stuck" their investment $ ( with current keep buying ) with 1 year 8 months if can.
Therefore, we could see that are possibility CS to vote YES coming EGM.
( depend the reach management how to convince CS on how great buy of the QA asset ).

300lots or 35 lots or LadyD.... etc
c u all at coming EGM for vote. ( i'm definitely YES )
I'm still keep Q-ing and buying in non stop. :-)

I'm totally disagree with you,
IF the share price stand on 0.74-77cents,
why I need join EGM an vote ??? I just sell my share and get back all my cash and enjoy home!!
I have been observe your comments lately....
I'm serious doubt your strategy.....
wish you don't mind about my above comments... we r here to sharing each others! :-)

Coolinvestor,
why would you lose $ if everybody vote NO ??
u r just STUCK the MONEY & get the profit 0.765cents from the end ( 1years 8 months period ).
OR
u may sell by losing some agent trade commission.

And 1 YEAR & EIGHT MONTHS time, from current share price 0.68cents,
compare with, the end investment return 0.765cents,
its about 12.5% profit differential.
( IF you put the today invest share price 0.68cents CHAGE to invest into government bond or bank fix deposit, it is very near from the return % and the $. PS""" Of course reach share 0.765cents strictly higher. )

I keep thinking why all above mates majority say the QA not worth it, but willing to wait 1 year & 8 months time.
kindly correct me if I'm incorrect!, TQ

Very very sorry to say that,
i'm doubt above all commentators who is holding/not holding reach mother/wa share??
or just give comments advice without holding the share ???
Because if you seriously hold the share now, and you insist the current QA not worth it and vote NO!!
u have to wait August,2017 + another 3-4 months time procedure & only can get back your investment + interest 0.765cents!!
(its about 1 YEAR & EIGHT MONTHS period)
**** that why I doubt who ever keep saying not worth QA and comments vote NO.

I'm seriously holding the share, and I don't want to wait so long "IF Can la",
I want QA ON and approve. ( if future rejected , I have no choice and keep holding & wait with unwilling feeling!! )

Sona was totally different case,
if you vote NO, u will get back the $ within estimate 7 months time ( left 3 months + 3-4 months refund $ procedure ).

Regret if my above comments insult any mates here. :-)

LadyD,
honestly I'm invested on early of 2015 and Hold a LOTS of Reach mother ( and hold minor for wa ),
I would join the coming EGM and vote YES. Reason:
-- I c oil price will start rebound within end of 2016- middle of 2017 (oil u$50-55/bbl)
-- I'm long term investor
-- Reach management has 1 year+ to go for another asset, "IF" this QA rejected
-- the end I still can get back 0.765cents if all QA failed ( my average purchase price about 0.605cents )

Guys, if you attend the coming EGM, would you Vote a) Yes b) No for the proposed QA??
Interesting..... :-)
and when is the date to vote ??? I'm interesting to go... hohoho..... !!!

Kai89, u r really small kid + ikan bilis investor , haiz....
BNM (bank Negara) is fighting hard now and rejected top top man candidate, ikan bilis know nth but paper chart.

Ok Mr Kai89, I pull back my above words. regret with above comments... :-)

Speakup,
I have minor different view from you.
cliq & sona also facing another key reason: very last mins QA but unlucky when brent crude oil price below u$40/bbl. its caused the asset look expensive.

Reach Energy scenario little bit different, they have early proposed QA,
if crude oil price able stand u$50/bbl and above, I don't mind vote green light during year end EGM.
because asset looks "fair Price", its all rely on crude oil price.
( my 2 cents is: Cliq & Sona really bad luck and wrong timing and QA the last mins crude oil plunged heavily )

the longer drag for Bank Negara governor replacement announcement ( she retire end of April ), the more danger RISK for ringgit plunge. Just wake up & don't dream of stronger MYR.
strong ringgit now is not the right scenario for O&G and country!

GSC popcorn satu !!!

An expected MYR going stronger before Sarawak election.
BUTTT..... please keep big big eyes on Zeti successor announcement soon...
very crucial for the next Bank Negara governor announcement... If the next appoint governor is relating to the 1xDx director ... u will c the same panic sell & pull out from local & foreign investor ( same situation as last year ) !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Mr Kai, sorry to ask, how much u make past 3-6 months from base on chart, histogram ?? :-P
don't mind to share. :-)

Mr TSC, that is my question, kindly help define the formula calculation, to define
-QR pair with the share price (no good)
-market evaluation ( Mr kai evaluate with draft , ;-p )
-overvalue
-mean no good.
Sorry, me not so familiar, and lazy to refer back warren buffet book' formula...

I really don't wish to get involve above argument, But from Mr Kai again comment ( Supermax QR no good many time ), I really almost laugh off my teh Tarik on my desk when I c it again...
Mr Kai, have u been going in into a listed comp to view their machine & facility Or manage to run a company or mass production ???
Do u think it is easy to make 4X million profit from a quarter , especially with this global deflation sentiment ??? ( it is not 4k++ or 4million++... it is forty over million per quarter ).
Can you please HELP show us from KLSE, how many KLSE listing company able to make 30-40million profit above per quarter company list ?? ( to skip the bank name list ).
then try teach & define to me, what do you mean by "QR no good" ?? Thanks in advance.

M'sia appoint next AG announcement very crucial march- mid April period.
"IF" new AG appointment is the 1 relating "1xDx" director, investors will panic sell and pull out from local market due to confident crisis again. let c panic storm on myr or Usd side coming soon.
I don't have big picture or macro picture view, don't think so will touch 2.50 shortly.
If really touch, but will rebound with sudden.

Karenemabduljabbar,
yes, my above info was from early year of 2015.
No surprise they ran away before year end 2015, syndicate/tycoon always move faster before small potato like us ! ! :-(

Below all major share holders:
Lembaga Tabung Haji, Koperasi Permodalan Felda Malaysia Bhd, Pelaburan mara bhd Have taken stakes in Reach Energy Bhd.
Daya Materials ownership 1.74% after IPO.

Cornerstone investor
Tan Sir Chua Mah Yu' son Chua Sai Men
Lembaga Tabung Haji
CIMB Principal Asset management
Hong Leong Asset Management
MKW Jaya SB
MTD Capital Bhd
Paul Poh ( close associate of Hong Leong Group Chairman Tan Sri Quek Leng Chan

The investors, who are not subject a lock-up period, will take up a combined 210million share and warrants , or 16.45% of reach's enlarge share base.

with the ytday news info, it's look like the worth Q.A (the oil come with facilities all ready done ).
After QA done, Reach energy should move within 0.74-0.76cents price,
I got the feeling, they will make right issue to raise $ for 2nd OR 3rd acquisition again...
long term business, put Trust to the MD.

finally... after holding for a year time.... its has some hope for the real QA.
( if QA still fail when Aug 2017, will be refund about 0.765 cents ( total with +3 years trust interest ), consider higher interest than bank fix deposit ).
it is right timing for the announcement, Brent crude oil sudden shoot up from u$30/bbl to today u$39.48/bbl.