REACH ENERGY BHD

KLSE (MYR): REACH (5256)

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Last Price

0.035

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


9 people like this.

19,047 comment(s). Last comment by newbie_2016 3 weeks ago

billionman

795 posts

Posted by billionman > 1 month ago | Report Abuse

if u read this...it helps to see the potential
https://eurodialogue.org/Will-Kazakhstan-oil-reach-Europe

billionman

795 posts

Posted by billionman > 1 month ago | Report Abuse

Kazakhstan is is well known as the oil-rich country’s ........yet to be tapped.. REACH is lucky the only Malaysian oil&Gas company to operate here.......

billionman

795 posts

Posted by billionman > 1 month ago | Report Abuse

The field O&G whose ultimate development price tag is estimated at more than $20 billion, lies in the shallows of the northern Caspian Sea. If gas reinjection is successfully implemented, it is expected to yield between 9-13 billion barrels of sweet, light crude, making it one of the world's top six deposits and the colossus of the Caspian region.

Kazakhstan is sparsely populated country--the size of Western Europe--in 2015 exporting 3 million bpd by. This is more than Russia exports today at that time and would place Kazakhstan among the world's top six exporters years to come.

cK1973

833 posts

Posted by cK1973 > 1 month ago | Report Abuse

Goreng counter is like that ma....
No worries.....
Anak sudah hangus tapi ada ibu lagi ma....
Lets start the ball rolling....

billionman

795 posts

Posted by billionman > 1 month ago | Report Abuse

anak sudah buried.......gone

billionman

795 posts

Posted by billionman > 1 month ago | Report Abuse

oil market appreciating...good outlook

billionman

795 posts

Posted by billionman > 1 month ago | Report Abuse

REACH will follow suit....hahahahaha

billionman

795 posts

Posted by billionman > 1 month ago | Report Abuse

..High Oil Prices Spark A New Wave Of Exploration

By Alex Kimani - Jul 26, 2022, 7:00 PM CDT

Oil companies are reaping the benefits of high energy prices. 

Indebted American oil and gas companies, armed with improved balance sheets, are finally drilling again.

Oilfield services companies are among the biggest winners as demand soars on a favorable mix of exploration and offshore activity.

cK1973

833 posts

Posted by cK1973 > 1 month ago | Report Abuse

Still strong this counter and holding at 4.
Well, i m still waiting at 1
Goreng counter ma

cK1973

833 posts

Posted by cK1973 > 1 month ago | Report Abuse

aiyoyo, orang semua naik, u hibernate lagi ka ....
alamak....

Posted by newbie_2016 > 1 month ago | Report Abuse

@cK1973 hibernate coz nobody want to goreng Reach lah imho. How ah @Billionman???? Kepish??

billionman

795 posts

Posted by billionman > 1 month ago | Report Abuse

waiting for dilution 1. conversion d 2. 1032 mil new issuance shares SRL still no news..timing ........

billionman

795 posts

Posted by billionman > 1 month ago | Report Abuse

if lucky it will hit 1-2 cents or in the range 2-3 cents the baseline..may be....... hahaha..sharks too watching and eyeing with interest.. oil demand and pricing is going to be pivotal up trending.....

billionman

795 posts

Posted by billionman > 1 month ago | Report Abuse

look in bskl where can you find O&G stock worth below .10 cents....

Posted by newbie_2016 > 1 month ago | Report Abuse

think share price oledy incorporate dilution ma

billionman

795 posts

Posted by billionman > 1 month ago | Report Abuse

wait till 15 aug.......

billionman

795 posts

Posted by billionman > 1 month ago | Report Abuse

or 5 aug ..conversion time frame....

billionman

795 posts

Posted by billionman > 1 month ago | Report Abuse

Gann Support: 0.04/0.03 | Resistance: 0.05/0.06

cK1973

833 posts

Posted by cK1973 > 1 month ago | Report Abuse

Hujan . U tidur lagi ka…
Bangun laaaaa

cK1973

833 posts

Posted by cK1973 > 1 month ago | Report Abuse

Kesian dia…. 5c pun tak boleh lepas

billionman

795 posts

Posted by billionman > 1 month ago | Report Abuse

waiting

Posted by newbie_2016 > 1 month ago | Report Abuse

waiting for ever... hehehehe

Understand

630 posts

Posted by Understand > 1 month ago | Report Abuse

Gone case

Posted by newbie_2016 > 1 month ago | Report Abuse

@Understand Mr @Billionman thinks otherwise??? hmmmm ... what are we missing??

cK1973

833 posts

Posted by cK1973 > 1 month ago | Report Abuse

Mau jatuh, jatuh betul betul sampai bottom ma,
Mau naik, naik betul betul ma,
tiap tiap hari tidur......

Posted by newbie_2016 > 1 month ago | Report Abuse

gone case lor

Understand

630 posts

Posted by Understand > 1 month ago | Report Abuse

Close shop.

Posted by newbie_2016 > 1 month ago | Report Abuse

inching up?

billionman

795 posts

Posted by billionman > 1 month ago | Report Abuse

being away cruising in Medittrreanean

Posted by newbie_2016 > 1 month ago | Report Abuse

@Billionman... ex-date come and go oledy...

billionman

795 posts

Posted by billionman > 1 month ago | Report Abuse

yeeah.... Reach never reach its destiny....how come.. NOSH still 1092 millions...nothing much of said introducibg new shares as previouslu annkuncenebts

billionman

795 posts

Posted by billionman > 1 month ago | Report Abuse

previously announced@

billionman

795 posts

Posted by billionman > 1 month ago | Report Abuse

NOSH still 1096 millns shares..correction

Posted by newbie_2016 > 1 month ago | Report Abuse

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

billionman

795 posts

Posted by billionman > 1 month ago | Report Abuse

true...what happens then sleep

billionman

795 posts

Posted by billionman > 1 month ago | 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)

billionman

795 posts

Posted by billionman > 1 month ago | Report Abuse

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

billionman

795 posts

Posted by billionman > 1 month ago | Report Abuse

no news

Posted by Habiskau > 1 month ago | Report Abuse

WTF ..this quarter still red ?

Leoleo

5,415 posts

Posted by Leoleo > 1 month ago | Report Abuse

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

Leoleo

5,415 posts

Posted by Leoleo > 1 month ago | Report Abuse

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

Leoleo

5,415 posts

Posted by Leoleo > 1 month ago | Report Abuse

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

Posted by Habiskau > 1 month ago | Report Abuse

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

Leoleo

5,415 posts

Posted by Leoleo > 1 month ago | Report Abuse

go report police and SC

TheContrarian

7,341 posts

Posted by TheContrarian > 1 month ago | Report Abuse

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

Leoleo

5,415 posts

Posted by Leoleo > 1 month ago | 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 > 1 month ago | Report Abuse

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

Posted by newbie_2016 > 3 weeks ago | Report Abuse

@Billionman... kepish?

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