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

Posted by FortuneBlooming > 2018-11-28 15:10 | Report Abuse

Next OPEC Meeting next week. Vienna, 6 December.

Posted by FortuneBlooming > 2018-11-28 15:27 | Report Abuse

That could put some zest into Reach

Posted by Nicholasming91 > 2018-11-28 15:52 | Report Abuse

An icing on the cake kikii.

Posted by KLCI Going Heaven > 2018-11-28 17:53 |

Post removed.Why?

Lai Hm

167 posts

Posted by Lai Hm > 2018-11-28 19:09 | Report Abuse

So QR is definitely tomorrow?

GrowingRich

2,754 posts

Posted by GrowingRich > 2018-11-28 19:12 | Report Abuse

If not tomorrow, then Friday.

Posted by Nicholasming91 > 2018-11-28 19:12 | Report Abuse

Ahould be gua, wait till 8 pm see got or not

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-11-28 19:32 | Report Abuse

wahhh.. while im away so many flag out.. those flagger such a jerk

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-11-28 19:34 | Report Abuse

comment wont make price up or down.. that jerk jst cant take it or simply a nerd.. maybe he's green has turned to red..

cool down la bro. if dont want to see red go keep money in the bank lah..

Posted by Nicholasming91 > 2018-11-28 19:35 | Report Abuse

Who flag u oh superpanda lol

Jeffrey Ng

490 posts

Posted by Jeffrey Ng > 2018-11-28 19:56 | Report Abuse

Haha... pang sai no more here when reach doing good.. lol

Want2Win

2,553 posts

Posted by Want2Win > 2018-11-28 20:02 |

Post removed.Why?

Want2Win

2,553 posts

Posted by Want2Win > 2018-11-28 20:03 | Report Abuse

Tomolo 38!!!

Posted by eekhin0330 > 2018-11-28 20:14 | Report Abuse

Why you say so?

Posted by ProsperousRealm > 2018-11-28 20:39 | Report Abuse

Legendary Oil Trader (Andy Hall) Expects Crude Prices To Rebound

https://oilprice.com/Energy/Energy-General/Legendary-Oil-Trader-Expects-Crude-Prices-To-Rebound.html

Posted by Nicholasming91 > 2018-11-28 20:55 | Report Abuse

Aiyoyo late QR, too much money to count ! Kikikiki

Posted by ProsperousRealm > 2018-11-28 21:05 | Report Abuse

Hibiscus RM100 mil profit. So, Reach around RM18 - RM22 mil, likely. Just a rough guesstimate, though. Could be more, who knows.

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-11-28 21:22 | Report Abuse

i knew whom.. you go to sapnrg or hibscs or others o&g, nobody flag lah. even talk shit. here only kena..

i also flag him sometimes.. ha ha.

dex

493 posts

Posted by dex > 2018-11-28 21:25 | Report Abuse

HOLD!! QR might be gooooood!!!

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-11-28 21:26 | Report Abuse

but i dont mind lah.. good comment bad comment are normal in forum.. cannot control mah.. become police get what..

most important never lose money.. even lose must able to recover when market good.

Posted by BountyOfTheBourse > 2018-11-28 22:02 | Report Abuse

OPEC-Russia only need to go up against what Trump wants just once. And then hold their ground. If they can find the collective spine to do that, then Donald's fake phoney aura of invincibility will be punctured.

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-11-29 00:27 |

Post removed.Why?

Posted by Nicholasming91 > 2018-11-29 00:29 | Report Abuse

Relax Superpanda, we can almost see the bottom of oil price ;) . Market really tests your patience !

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-11-29 00:40 | Report Abuse

Dont against the market force. When hits your limit, act accordingly. Still can buy and earn back when market recover.

B4b4

7,597 posts

Posted by B4b4 > 2018-11-29 07:41 | Report Abuse

This coming QR should be very good. My only worry is impairment losses due to.......

Lai Hm

167 posts

Posted by Lai Hm > 2018-11-29 08:16 | Report Abuse

B4b4 what impairment losses?

Jeffrey Ng

490 posts

Posted by Jeffrey Ng > 2018-11-29 08:56 | Report Abuse

Impairment loss is the decrease in an asset's net carrying value that exceeds the future undisclosed cash flow it should generate. Net carrying value is an asset's acquisition cost minus depreciation. Impairment occurs when a company sells or abandons an asset that is no longer beneficial.
Many good company doing good result but share price drop because of impairment loss. But this just just short term.. After all will turn bright again

Posted by Nicholasming91 > 2018-11-29 09:11 | Report Abuse

Did they sell any assets ?

Jeffrey Ng

490 posts

Posted by Jeffrey Ng > 2018-11-29 09:23 | Report Abuse

this one i not sure... @B4b4, maybe you can highlight some of the bad news to us...

Posted by Machinecat > 2018-11-29 09:55 | Report Abuse

Something wrong…

Posted by Lim Chee Keong > 2018-11-29 10:00 | Report Abuse

Wat wrong. I saw have someone buying. But dunknw later will shoot up or not. Guessing

偉國

56 posts

Posted by 偉國 > 2018-11-29 10:00 | Report Abuse

@machinecat, what wrong?

Run Bull

238 posts

Posted by Run Bull > 2018-11-29 10:14 | Report Abuse

B4b4, means QR is not good..

Posted by Nicholasming91 > 2018-11-29 10:14 | Report Abuse

Haha no la, he say only

samuel

659 posts

Posted by samuel > 2018-11-29 10:32 | Report Abuse

UPLIFTMENT OF MORATORIUM ON ORDINARY SHARES OF REB HELD BY THE PROMOTERS OF THE COMPANY
The Board of Directors of REB wishes to announce that Bursa Malaysia Securities Berhad had vide its letter dated 27 November 2018 approved the Company’s application for the upliftment of 127,800,100 ordinary shares in REB, being 50% of the 255,600,200 moratorium shares held by the Promoters of the Company as stated in Clause 8.2 of the Company's Prospectus dated 24 July 2014.

What does the above means in layman terms?

ww123

28 posts

Posted by ww123 > 2018-11-29 10:34 | Report Abuse

Good morning guys! Can anybody explain what is the meaning of Upliftment of moratorium on ordinary shares of Reach held by promoters of the company. This is the latest announcement made by REACH.

Uncle Sam

1,813 posts

Posted by Uncle Sam > 2018-11-29 10:42 | Report Abuse

That means they can finally trade those shares

Uncle Sam

1,813 posts

Posted by Uncle Sam > 2018-11-29 10:44 | Report Abuse

Roughly 10% of total shares. Not that much. Logically, they would need to make the shares price attractive before trading or selling those shares

ww123

28 posts

Posted by ww123 > 2018-11-29 10:51 | Report Abuse

Thank you Uncle Sam.!

afifi

2,036 posts

Posted by afifi > 2018-11-29 11:24 | Report Abuse

goreng time

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-11-29 12:09 |

Post removed.Why?

Lai Hm

167 posts

Posted by Lai Hm > 2018-11-29 13:06 | Report Abuse

Thanks Uncle Sam.

Lai Hm

167 posts

Posted by Lai Hm > 2018-11-29 13:07 | Report Abuse

Oic price down. No choice.
Hope this QR and 6 dec Opec will push up up

Posted by WealthSoWonderful > 2018-11-29 14:50 | Report Abuse

Oil price collapse only 'transitional', i.e. TEMPORARY.

Falling oil prices could prompt world leaders to agree on production policy at G-20 summit, analysts say.

https://www.cnbc.com/2018/11/28/oil-prices-g-20-summit-could-see-world-leaders-agree-on-policy-ahead-of-opec-meeting.html

Posted by SaveMsiaFromPHGov > 2018-11-29 15:01 | Report Abuse

Yay!!!

Posted by ProsperousRealm > 2018-11-29 15:14 | Report Abuse

Legendary Oil Trader (Andy Hall) Expects Crude Prices To Rebound

https://oilprice.com/Energy/Energy-General/Legendary-Oil-Trader-Expects-Crude-Prices-To-Rebound.html

Posted by ProsperousRealm > 2018-11-29 15:34 |

Post removed.Why?

afifi

2,036 posts

Posted by afifi > 2018-11-29 16:06 | Report Abuse

problem is klci teruk

B4b4

7,597 posts

Posted by B4b4 > 2018-11-29 17:27 | Report Abuse

Reach is OK, but Trump.....???

Lai Hm

167 posts

Posted by Lai Hm > 2018-11-29 17:36 | Report Abuse

If reach good QR but oil price low is too bad for us.

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