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

Lai Hm

167 posts

Posted by Lai Hm > 2018-11-27 15:51 | Report Abuse

I guess is best to go holiday and de-stress a bit first... come back in january 2019 and see how lololxx

MoneyAndHoney

2,479 posts

Posted by MoneyAndHoney > 2018-11-27 15:53 | Report Abuse

Just learn to bear the mental stress like your body bears the physical stress during your gym workout. Then you will gradually become stronger.

Jeffrey Ng

490 posts

Posted by Jeffrey Ng > 2018-11-27 15:56 | Report Abuse

absolutely correct... this is the time where everyone learn to build up mentality stronger.. if u break thru this u will know how to play next time when market bearish again...

Posted by toffeemoose > 2018-11-27 15:59 | Report Abuse

not in our control....just have to bear the pain...

Lai Hm

167 posts

Posted by Lai Hm > 2018-11-27 15:59 | Report Abuse

thanks all.... :):)

Posted by Nicholasming91 > 2018-11-27 16:02 | Report Abuse

Expected today as blue chip company Genting took a very big hit, everyone see no hope in malaysia anymore lol .

samuel

659 posts

Posted by samuel > 2018-11-27 16:42 | Report Abuse

Kesian genting gets the blaiming

Jeffrey Ng

490 posts

Posted by Jeffrey Ng > 2018-11-27 16:43 | Report Abuse

B4b4, how you look at REACH now? any comment?

Posted by fazlyfaruc > 2018-11-27 16:45 |

Post removed.Why?

Alibaba

273 posts

Posted by Alibaba > 2018-11-27 16:46 | Report Abuse

Not a good sign but stay positive ! Move on !

Posted by Nicholasming91 > 2018-11-27 16:52 | Report Abuse

B4b4 will ask you to collect low . Dec 6 is very crucial ! So as nov 30 of g20 !

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-11-27 17:22 | Report Abuse

aiyoyo, paper profit become paper loss.. 34c holder sold already kah?

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-11-27 17:25 |

Post removed.Why?

Jeffrey Ng

490 posts

Posted by Jeffrey Ng > 2018-11-27 17:36 | Report Abuse

haha... cant wait till 6/12 lo... if wait till 6th maybe drop below 30s liao... i still holding mine 42s... who else still hold this high price?? ki ki ki...

pang72

51,666 posts

Posted by pang72 > 2018-11-27 17:37 |

Post removed.Why?

Posted by Nicholasming91 > 2018-11-27 17:47 | Report Abuse

Come , i wait u kikikiki

pang72

51,666 posts

Posted by pang72 > 2018-11-27 18:14 |

Post removed.Why?

pang72

51,666 posts

Posted by pang72 > 2018-11-27 18:15 |

Post removed.Why?

Lai Hm

167 posts

Posted by Lai Hm > 2018-11-27 18:21 | Report Abuse

Jeffery Ng I also 42s. Lol

B4b4

7,597 posts

Posted by B4b4 > 2018-11-27 19:32 | Report Abuse

Time to collect , buy and hold

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-11-27 19:38 |

Post removed.Why?

B4b4

7,597 posts

Posted by B4b4 > 2018-11-27 20:13 | Report Abuse

Get ready for a fantastic PROFIT, the BEST EVER

Franklim1989

1,453 posts

Posted by Franklim1989 > 2018-11-27 20:15 | Report Abuse

I buy at 0.340 ady,hibiscus earning RM 100m,tomorrow hibiscus fly first..

B4b4

7,597 posts

Posted by B4b4 > 2018-11-27 20:47 | Report Abuse

For Reach Energy, the estimated Revenue is RM 77 M and profit is RM 20m

B4b4

7,597 posts

Posted by B4b4 > 2018-11-27 20:49 | Report Abuse

It can be better due to two reasons. 1 forex is good for RM and Kazakhstani Tengi and 2 transportation by pipelines in Ansagan is faster, cheaper and more efficient

Lai Hm

167 posts

Posted by Lai Hm > 2018-11-27 21:13 | Report Abuse

B4b4 good to see ur positive comments again!

MoneyAndHoney

2,479 posts

Posted by MoneyAndHoney > 2018-11-27 21:48 | Report Abuse

Someone could be engineering the catapult effect. Building the tension by pulling it down first, then releasing it to let the stone fly.

Posted by Nicholasming91 > 2018-11-27 21:48 | Report Abuse

Hibiscus last QR profit on oil only 15mil, this QR pure oil profit 100mil. I believe reach got at least 20 mil or more

dex

493 posts

Posted by dex > 2018-11-27 22:05 | Report Abuse

sure profit. don't worry. HOLD!!!

Posted by toffeemoose > 2018-11-27 22:07 | Report Abuse

I only see 3 major causes from today's slaughter

1) Genting kena kaw2
2) Bursa deemed as underweight
3) brent oil dips to USD60

http://www.theedgemarkets.com/article/klci-falls-095-morgan-stanley-cuts-malaysia-underweight

But it has nothing to do with Reach...just victim of circumstances...and even at Brent USD60, its not as if Reach is going down under...

come on lah...chill

MoneyAndHoney

2,479 posts

Posted by MoneyAndHoney > 2018-11-27 22:24 | Report Abuse

Brent still 60+, guys. But then, at times like this, you start seeing the usual pathetic lowlife wise-arse prophets of doom and gloom crawling out like freakin worms out of the woodwork.

MoneyAndHoney

2,479 posts

Posted by MoneyAndHoney > 2018-11-27 22:46 | Report Abuse

We're going to see those very same guys eating their own 'words of wisdom' by tomorrow. And then also eating their hats and their shoes.

Posted by PresidentRotiCanai > 2018-11-27 23:25 | Report Abuse

hs on concern that booming U.S. shale production and faltering demand -- combined with unprecedented output from the Saudis and Russia -- will trigger a new surplus next year. The Organization of Petroleum Exporting Countries and its partners will meet in Vienna.

“We anticipate that Saudi Arabia and OPEC will cut crude supply by 1 million barrels a day or more at the upcoming meeting,” said Mike Wittner, head of oil-market research at Societe Generale SA in New York. “This will be necessary to avoid severe oversupply in 2019.”

Ask Julian Lee questions in our OPEC Q

Posted by ProsperousRealm > 2018-11-27 23:43 | Report Abuse

The Genting effect is going to start dissipating by tomorrow. Now, that is certainly going to kill the tide of naysayers, gloom merchants and negativistic dickheads and their momentum.

Posted by ProsperousRealm > 2018-11-28 00:02 | Report Abuse

Donald Trump is fighting a lone losing battle trying to press oil down. He is in fact klllling his own domestic shale sector with his illogical effort. Shale cannot live with low oil.

It is OPEC-Russia who is eventually going to win, in the end.

Posted by ProsperousRealm > 2018-11-28 00:05 | Report Abuse

Just like it was Syria-Russia who eventually won in Syria, in the end.

B4b4

7,597 posts

Posted by B4b4 > 2018-11-28 06:54 | Report Abuse

API reported Gasoline draw of 2.62m barrels. This shows that demand for oil products is still good despite a small build of about 3.45m barrels

Posted by Nicholasming91 > 2018-11-28 07:21 | Report Abuse

Haha b4b4 tonights EIA report any prediction ? I predict only 2million barrels in crude oil storage !

VFTRADER

788 posts

Posted by VFTRADER > 2018-11-28 08:36 | Report Abuse

Baltic (BDI) rate jump almost 11% in 1 day and there is certain correlation with oil px.
Hopefully BDI jump, Brent jump.

Jeffrey Ng

490 posts

Posted by Jeffrey Ng > 2018-11-28 08:46 | Report Abuse

i think the QR report cant help much either... most important still the Dec.6th Opec Meeting... If OPEC still dun cut production, OG confirm end of era and cant keep anymore. And it will continue to drop below 50, then toward 30pb again. If opec cut production 1.4m pb, then oil price increasing will still stand above USD70. This is where everyone playing OG Market looking into.

Lai Hm

167 posts

Posted by Lai Hm > 2018-11-28 09:05 | Report Abuse

Good morning all.... support reach a bit buy buy buy.... added again :)

pang72

51,666 posts

Posted by pang72 > 2018-11-28 09:56 |

Post removed.Why?

Posted by toffeemoose > 2018-11-28 09:57 | Report Abuse

Dun expect huge jumps like what we have seen previously....foreign buying is ice cold....its gonna be a slow recovery across the board...once the sentiments returns back to positive....just have to wait and see what the gomen has in store to stimulate the economy

B4b4

7,597 posts

Posted by B4b4 > 2018-11-28 10:58 | Report Abuse

Reach is still good and getting better

Posted by toffeemoose > 2018-11-28 13:26 | Report Abuse

brent price is steady...usd61

Posted by Nicholasming91 > 2018-11-28 13:29 | Report Abuse

QR today come out, stay tuned ~

pang72

51,666 posts

Posted by pang72 > 2018-11-28 14:03 |

Post removed.Why?

myongcc5

708 posts

Posted by myongcc5 > 2018-11-28 14:09 | Report Abuse

Rich in oil reserves, the co has great growth potential!

TYS_Capital

1,691 posts

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

this is a good energy company

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