REACH ENERGY BHD

KLSE (MYR): REACH (5256)

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Last Price

0.02

Today's Change

-0.005 (20.00%)

Day's Change

0.015 - 0.02

Trading Volume

23,772,200


9 people like this.

19,254 comment(s). Last comment by newbie_2016 1 week ago

CoolBull

3,675 posts

Posted by CoolBull > 2018-11-20 23:22 | Report Abuse

American bullshit inventory data specialists making the rounds again. Trying their hardest best to fukk oil down. But their success is going to be only temporary. Brent will be fighting back again. As always.

Truth will always win over bullshit.

Posted by Nicholasming91 > 2018-11-20 23:24 | Report Abuse

Instituitiona collecting low . Thats how they earn money , will have panic sellers and happy buyers

Franklim1989

1,453 posts

Posted by Franklim1989 > 2018-11-20 23:36 | Report Abuse

大家常说的熊明天开始出现了,熊不来也就没有牛,这几天全球股市将崩盘,明天马股也跟着崩盘,大家明天离场还来的及,在拖多几天就来不及了,包住现金来扫便宜中的便宜货。

Posted by Nicholasming91 > 2018-11-20 23:41 | Report Abuse

有钱不需要卖,买低就可以了。

Posted by SaveMsiaFromPHGov > 2018-11-21 02:34 | Report Abuse

I don't speak Chinese

Posted by SaveMsiaFromPHGov > 2018-11-21 02:46 | Report Abuse

Brent fighting back. DJ fighting back.

MoneyAndHoney

2,479 posts

Posted by MoneyAndHoney > 2018-11-21 02:59 | Report Abuse

Excellent

Posted by FortuneBlooming > 2018-11-21 03:11 | Report Abuse

Tee hee. Looks like Donald Trump is going to lose again.

Maynot

822 posts

Posted by Maynot > 2018-11-21 03:13 | Report Abuse

what brent fighting back?? All i can see is red and 7% drop

Posted by DreamConqueror > 2018-11-21 03:29 | Report Abuse

Them usual panic monkeys are going to have their field day tomorrow. We are in fact beginning to get some already.

But just ignore them all. They're of zero benefit to us serious, mature, long term investors.

Posted by The speculators The speculators > 2018-11-21 05:38 | Report Abuse

Qrrrrrrrrrr , WILL buy more , qr In coming THIS few day

B4b4

7,597 posts

Posted by B4b4 > 2018-11-21 06:54 | Report Abuse

API reported crude inventories fell by 1.545 m barrels. That means a draw after 4 weeks of build.

Posted by Nicholasming91 > 2018-11-21 07:30 | Report Abuse

B4b4 better not go hibiscus there, many not supporting oil there now, AA buyers jump over to cheer

Franklim1989

1,453 posts

Posted by Franklim1989 > 2018-11-21 08:21 | Report Abuse

扫货的机会要来了

Posted by Nicholasming91 > 2018-11-21 08:30 | Report Abuse

有机会,不过应该没有起初那么便宜

B4b4

7,597 posts

Posted by B4b4 > 2018-11-21 08:59 | Report Abuse

Hi guys, Reach Energy have good news for us. We are going downstream! Meaning the raw Brent oil is being processed into finished end products to sell direct to customers. This is good because end products has higher profit. Reach is in partnership with KazTransGas

speakup

27,076 posts

Posted by speakup > 2018-11-21 09:00 | Report Abuse

opening low. look like many ppl cutting loss.

speakup

27,076 posts

Posted by speakup > 2018-11-21 09:00 | Report Abuse

think ppl cut loss first, hoping can buy back cheaper

speakup

27,076 posts

Posted by speakup > 2018-11-21 09:01 | Report Abuse

that's why i say a lot of short-term traders here, drop they sell and cut loss.

speakup

27,076 posts

Posted by speakup > 2018-11-21 09:10 | Report Abuse

those ppl who dump @ 36.5 now realised they sold at lowest :-)

Posted by Nicholasming91 > 2018-11-21 09:13 | Report Abuse

As long as reach is doing downstream, their cost will be lowered for every barrel. Just be patient ba, oil price drop like this also noone expexted. Just a tweet from trump and like this lol

speakup

27,076 posts

Posted by speakup > 2018-11-21 09:16 | Report Abuse

what's going in the minds of those who panic sell @ 36.5 ?
they realise they made a mistake, now since they sold @ 36.5 they hope to buy back at same price 36.5 (or lower at 36).

Posted by Nicholasming91 > 2018-11-21 09:21 | Report Abuse

??? We open at 0.375, u saying previously time during the first drop ? That time went 0.365. Anyways if oil remain 60 above and the next Year QR reach shows profit, it still can go up . After 4 years of searching and drilling its time for them to be stabilized

Posted by toffeemoose > 2018-11-21 09:29 | Report Abuse

Q at 0.37....wanna accumulate some more... :)

speakup

27,076 posts

Posted by speakup > 2018-11-21 09:33 | Report Abuse

37,38 no difference if u are long term investor (ie. sell at rm1)
only short term punter will care 1sen difference.


Posted by toffeemoose > Nov 21, 2018 09:29 AM | Report Abuse

Q at 0.37....wanna accumulate some more... :)

Posted by toffeemoose > 2018-11-21 09:39 | Report Abuse

Not really...i have been in green for many weeks now and if i wanna i could have sold off with 5% margin....but dats not how i play this game...

Do our homework...Set a TP...and set ur exit plan and be disciplined...

Now i am just in collecting mode...

Posted by Jonathan Keung > 2018-11-21 09:42 | Report Abuse

cannot blame people cutting their position. every one has different risk profile. reach trending below the MACD. wall street drop like a brick

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-11-21 09:45 | Report Abuse

can oil hold from dropping further till end week? if can stay above 60 still ok. below 60 have to be careful.

market is not relative to business, if super bearish, cant push price up even with good performance.

B4b4

7,597 posts

Posted by B4b4 > 2018-11-21 09:46 | Report Abuse

No worries. Brent oil up strongly today

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-11-21 09:47 | Report Abuse

not only oil, tech stock also under big pressure. another ingredient added for bearish serving.

Posted by toffeemoose > 2018-11-21 09:56 | Report Abuse

Can see lots of bargain buying....today so much lelong sales...hopefully lelong sales is a short one....

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-11-21 10:11 | Report Abuse

btw, im still hold mine at 39

Posted by toffeemoose > 2018-11-21 10:15 | Report Abuse

Oil counters fighting back...caiyooo!!!

Posted by fazlyfaruc > 2018-11-21 10:19 | Report Abuse

365 very strong support so far.

speakup

27,076 posts

Posted by speakup > 2018-11-21 10:32 | Report Abuse

86,700 shares was panic sold in 6 transactions @ 36.5
pity they sold cheap

Jeffrey Ng

490 posts

Posted by Jeffrey Ng > 2018-11-21 10:41 | Report Abuse

mine still holding .4 ah.... just average down again... sigh... reach come on... still have faith in you..

myongcc5

708 posts

Posted by myongcc5 > 2018-11-21 12:21 | Report Abuse

The Essence in Investment: buy a GOOD co with fair price rather than buy a Fair co with good price....GOOD company here refers to Economic Goodwill, meaning willcontinue to make good profit...

myongcc5

708 posts

Posted by myongcc5 > 2018-11-21 12:22 | Report Abuse

abv source: Warren Buffet

samuel

659 posts

Posted by samuel > 2018-11-21 12:51 | Report Abuse

If Brent hit 66, will reach hit 40?

speakup

27,076 posts

Posted by speakup > 2018-11-21 16:35 | Report Abuse

39sen!
those who panic cut loss @ 36.5 this morning, now thinking buy back at higher price

SeaKing

29 posts

Posted by SeaKing > 2018-11-21 16:38 | Report Abuse

Guys, anyone know whats the production capacity of REACH ENERGY at the moment?

Jeffrey Ng

490 posts

Posted by Jeffrey Ng > 2018-11-21 16:41 | Report Abuse

haha... those who sold at 365 all crying now...

B4b4

7,597 posts

Posted by B4b4 > 2018-11-21 16:45 | Report Abuse

Reach now has 5400 bpd for the month of Sept

speakup

27,076 posts

Posted by speakup > 2018-11-21 16:48 | Report Abuse

how u know?

Posted by B4b4 > Nov 21, 2018 04:45 PM | Report Abuse

Reach now has 5400 bpd for the month of Sept

B4b4

7,597 posts

Posted by B4b4 > 2018-11-21 16:51 | Report Abuse

Please go to the Reach Website, sir.

speakup

27,076 posts

Posted by speakup > 2018-11-21 16:53 | Report Abuse

TQ B4b4

B4b4

7,597 posts

Posted by B4b4 > 2018-11-21 16:55 | Report Abuse

You are most welcome

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