Posted by Nicholasming91 > 2018-11-14 00:00 | Report Abuse

Stay strong guys. Never give up !

Posted by WeiZian Chin > 2018-11-14 00:00 | Report Abuse

gg

Posted by Nicholasming91 > 2018-11-14 00:05 | Report Abuse

Dont worry la, still at profit 1, 60 level is profit , 70 level is bonus,80 level is extra bonus

Posted by The speculators The speculators > 2018-11-14 00:36 | Report Abuse

Very soon opec will cut output

Posted by The speculators The speculators > 2018-11-14 00:36 | Report Abuse

Just wait and see

Posted by The speculators The speculators > 2018-11-14 00:36 | Report Abuse

Still keeping million of lot

Posted by The speculators The speculators > 2018-11-14 00:37 | Report Abuse

Relax guy it will be two major event QQQQQQQQQRRRRRRRRR AND. VIIIIIIIIIEEEEENA.

Posted by moneypedia > 2018-11-14 00:58 | Report Abuse

sooo cheeky and kiki lalalala....

Posted by drgondrong > 2018-11-14 01:01 | Report Abuse

Msia budget is benched against Brent $70 and not WTI

Posted by moneypedia > 2018-11-14 01:05 | Report Abuse

macan gondrong pun ala ka aiyoyoyi

Posted by WealthSoWonderful > 2018-11-14 05:24 | Report Abuse

If both OPEC & Russia proceed with proposed production cut, there is nothing that Donald Trump can do. He is only issuing empty threats on Twitter now.

And they should both stop allowing themselves to be bossed around by him.

Posted by MoneyAndHoney > 2018-11-14 05:40 | Report Abuse

All it needs is for OPEC & Russia to make a formal joint declaration that they will proceed with cuts, becos they expect demand to decrease, due to protracted US-China trade war causing slowdown in global economy. Trump would thus be checkmated. End of story.

Posted by SaveMsiaFromPHGov > 2018-11-14 05:48 |

Post removed.Why?

Posted by B4b4 > 2018-11-14 06:43 | Report Abuse

Just FYI, Reach Energy has Brent oil reserves and also GAS reserves. Now, natural gas price is very high.

Posted by Run Bull > 2018-11-14 07:11 | Report Abuse

Even some american got to apologize to other counter part for his dickhead president they named

Posted by Nicholasming91 > 2018-11-14 07:12 | Report Abuse

Yup, many lost money on oil trading

Posted by Nicholasming91 > 2018-11-14 07:41 | Report Abuse

Oil can be distilate into variety of end products.

Posted by WeiZian Chin > 2018-11-14 07:49 | Report Abuse

gas got include how many % in reach industry ?

Posted by Franklim1989 > 2018-11-14 07:56 | Report Abuse

Oil stock this a few week will dangerous..after 6/12 OPEC meeting only can help push..

Posted by SuperPanda > 2018-11-14 08:12 | Report Abuse

yday whom ask to run made correct judgement. those make fun of them today balls will shaking if price further drop

when you ki ki ki to others, it can ki ki ki to you bck. maybe the ki ki ki will sell today. who knows.

Posted by SuperPanda > 2018-11-14 08:17 | Report Abuse

maybe i also cabut, save capital fist before further red and stuck. good qtr profit also cannot help if market and oil bad. make wise decision.

Posted by Jeffrey Ng > 2018-11-14 08:46 | Report Abuse

correct analyst with superpanda... even quarter profit good buy oil price plunge also cant help in market... if still profit can run for profit then wait it drop further n re enter again... that is the wise choice

Posted by B4b4 > 2018-11-14 08:49 | Report Abuse

Well guys, you have to study the graph / chart. Just for your update, in year 2014 Nov, oil price plunge from 120 pb to 30 pb in Jan 2016. Now Brent is 65 pb, the same level as April 2018. So those who want to sell think carefully because at 65 pb Reach still make a decent profit.

Posted by The speculators The speculators > 2018-11-14 08:55 | Report Abuse

Guy u think also know, have ever think human being From Saudi And Russia WILL keep seeing their price OF profit dropping , u think they WILL never come to a Time they WILL stop THIS oil price From dropping. No doubt Saudi is also worries about khoggogi case, Can get sanction From us, also have to be a Good dog, BUT U THINK WHAT WILL THEIR RAKYAT SAY , if they Can get enough money From their black Gold , For sure they WILL also protest. BOTTOM LINE OIL WILL BOUNCE UP SOON, THIS is Already very coming bottom price

Posted by Lai Hm > 2018-11-14 09:04 | Report Abuse

Well i think both are right in someway, it depend u r short term trader or long term investor.

To me, short term trader is a bit tire la.... need to monitor always.
If long term investor, just set a target and come back later to take profit :)

Both are good if u manage it well.
Cheers.

Posted by TheContrarian > 2018-11-14 09:21 | Report Abuse

Brent is USD65.67

Posted by B4b4 > 2018-11-14 09:28 | Report Abuse

Brent at 65, Reach can still make profit because operating expenses reduced tremendously due to Kazak Tengi is now very cheap at 374 to 1 USD. My estimation for this coming Qtr in 2 weeks time will be a huge profit of about RM 20 m

Posted by Nicholasming91 > 2018-11-14 09:28 | Report Abuse

Still strong , probably those who keep still know above 60 is profitable

Posted by SuperPanda > 2018-11-14 09:34 | Report Abuse

Above 70 is good, below 70 ok, below 60 is a risk.

the prob is oil not only drive by supply and demand, also political. trump dont want it go high.

Posted by Nicholasming91 > 2018-11-14 09:39 | Report Abuse

Superpanda this morning u sold ? U have warrant ?

Posted by orlenz > 2018-11-14 10:51 | Report Abuse

so strong la this Reach. No drop like tomorrow Brent will rebound

Posted by pang72 > 2018-11-14 11:16 | Report Abuse

Chill la

Posted by pang72 > 2018-11-14 11:16 | Report Abuse

Can buy cheaper ma...

Posted by pang72 > 2018-11-14 11:17 |

Post removed.Why?

Posted by pang72 > 2018-11-14 11:19 |

Post removed.Why?

Posted by CITADEL > 2018-11-14 11:19 | Report Abuse

good, reach not longer rich

Posted by pang72 > 2018-11-14 11:22 | Report Abuse

No rich but cheap...It is still ok

Posted by B4b4 > 2018-11-14 11:22 | Report Abuse

Brent at 65, Reach and Hibiscus still make profit

Posted by Turnaround > 2018-11-14 12:04 | Report Abuse

https://oilprice.com/Energy/Oil-Prices/Oil-Prices-Rise-As-Saudis-Cut-Exports.html

Its Yo-yo time

Posted by speakup > 2018-11-14 12:21 | Report Abuse

look like many short-term punters cut-loss

Posted by Jonathan Keung > 2018-11-14 12:23 | Report Abuse

Because of Trump twitter brent crude drops USD 5

Posted by speakup > 2018-11-14 12:25 | Report Abuse

as a major oil producer, Trump should be pushing for HIGHER OIL PRICE.
doesn't this blurrr Trump know that US is top 5 oil producer in world????

Posted by SuperPanda > 2018-11-14 12:26 | Report Abuse

@nicholas, not yet sold, lets see tomorrow. i dont hold warrant.

loss 2c now

Posted by SuperPanda > 2018-11-14 12:28 | Report Abuse

never imagine can drop few dollars in a day. thats not good signal.

Posted by Nicholasming91 > 2018-11-14 12:31 | Report Abuse

@speakup because US still imports oil to meet its demand. Their gasoline inventories usually is negative, means they still import oil. They import oil at low price and strong USD. Thats how they play it

Posted by pang72 > 2018-11-14 12:50 |

Post removed.Why?

Posted by SuperPanda > 2018-11-14 13:12 | Report Abuse

38 prev support strong. if broken then hve to watchout.

Posted by pang72 > 2018-11-14 13:38 |

Post removed.Why?

Posted by pang72 > 2018-11-14 13:45 |

Post removed.Why?

Posted by SuperPanda > 2018-11-14 14:35 | Report Abuse

38 broken liao