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 > 2018-11-30 17:41 | Report Abuse

Oh no.

Posted by toffeemoose > 2018-11-30 17:42 | Report Abuse

Guess have to stay a while here...at least managed to make $$$ somewhere else

LEEKS7

161 posts

Posted by LEEKS7 > 2018-11-30 17:51 | Report Abuse

better than Armada QR loss 500mil

teoh1128

28 posts

Posted by teoh1128 > 2018-11-30 17:52 | Report Abuse

Why production increase cost reduced yet revenue dropped??? So many doubts

teoh1128

28 posts

Posted by teoh1128 > 2018-11-30 17:54 | Report Abuse

This is worst result which never dreamed of

Posted by Lim Chee Keong > 2018-11-30 17:54 | Report Abuse

Why myeg negative result, still go up. The negative same with this negative own by reach?

teoh1128

28 posts

Posted by teoh1128 > 2018-11-30 17:58 | Report Abuse

B4b4 please help to study in details and clear the doubts for us,maybe need to run before dropped below 0.30 or Monday will drop below 0.30 when opening market

samuel

659 posts

Posted by samuel > 2018-11-30 17:59 | Report Abuse

Oh no...Revenue only 60% of b4b4 estimation. Jia lat Liao....Eat kangkung d...

Posted by Nicholasming91 > 2018-11-30 18:02 | Report Abuse

Take some time to digest the report first, probably he was right about loss impairment

CITADEL

1,867 posts

Posted by CITADEL > 2018-11-30 18:02 | Report Abuse

different with myeg, myeg revenue also new high, just one-time impairment loss

Franklim1989

1,453 posts

Posted by Franklim1989 > 2018-11-30 18:03 | Report Abuse

Haven't report yet reach already drop..so market good Monday will maintain...

Franklim1989

1,453 posts

Posted by Franklim1989 > 2018-11-30 18:04 | Report Abuse

Currently oil price keep drop,if QR good also canot help..so management will report LOSE let share price drop after will pump in again..

CITADEL

1,867 posts

Posted by CITADEL > 2018-11-30 18:04 |

Post removed.Why?

6257

1,650 posts

Posted by 6257 > 2018-11-30 18:05 | Report Abuse

Lost lo

Posted by wilsonchan87 > 2018-11-30 18:07 | Report Abuse

still lost as predicted

thesteward

6,782 posts

Posted by thesteward > 2018-11-30 18:30 | Report Abuse

Who says Qr good?

kfliau

1,977 posts

Posted by kfliau > 2018-11-30 19:20 | Report Abuse

The result sucks! The reason for 66% jump in depreciation n amortization is due to increase in production. So is it a good to increase production or better to have zero production?

Ziko Ro

1,186 posts

Posted by Ziko Ro > 2018-11-30 19:44 | Report Abuse

Brent to go below 60,QR result wrong imagine ,lagi teruk kita kena !!

Run Bull

238 posts

Posted by Run Bull > 2018-11-30 19:48 | Report Abuse

Kenneth & the team is the best..!!

Run Bull

238 posts

Posted by Run Bull > 2018-11-30 19:51 | Report Abuse

They are smartest to run o&g company

Run Bull

238 posts

Posted by Run Bull > 2018-11-30 19:52 | Report Abuse

Pity we all with high expectation & disappointed result;-(

Run Bull

238 posts

Posted by Run Bull > 2018-11-30 20:16 | Report Abuse

Our hard earned money make invest in wrong company & management..

CITADEL

1,867 posts

Posted by CITADEL > 2018-11-30 20:19 | Report Abuse

oil die steel die construction die properties die left technology still in ICU

Run Bull

238 posts

Posted by Run Bull > 2018-11-30 20:21 | Report Abuse

Don't know what's next.. with uncertainties for global economy & oil prices..;-(

emil

1,428 posts

Posted by emil > 2018-11-30 20:23 | Report Abuse

Reach and Sumatec dig oil in Khazak....
Sumatec already bleeding heavily ....Reach is to follow the same, soon.

Posted by toffeemoose > 2018-11-30 20:25 | Report Abuse

on a small consolation, I am glad I dun put all in single basket...

we just have to be calm, ride the rough wave and plan our next moves...

personally, I am going to cut loss roughly half of my investment here and seek other avenues...its all depends on next week...if its still encouraging...dun mind staying put

you win some, you lose some.....as long the end game is a nett profit

Posted by toffeemoose > 2018-11-30 20:43 | Report Abuse

from the report...can still see having a nice healthy cash flow though....maybe will need some time to be built up...

samuel

659 posts

Posted by samuel > 2018-11-30 20:53 | Report Abuse

Dragons slayer next qtr is for Oct to Dec mah, belum winter lar got oil to dig....

Posted by Nicholasming91 > 2018-11-30 20:54 | Report Abuse

I think we are really heading into recession. any analysis at this point seems kind of useless anymore. Just keep 50% of ur big bucks and wait for the next crisis and buy super low, especially tech counters can drop very fast, but recover fast as well

B4b4

7,597 posts

Posted by B4b4 > 2018-11-30 21:00 | Report Abuse

Hi CITADEL, I very sad. Let me look up the QR first.

pang72

51,666 posts

Posted by pang72 > 2018-11-30 21:03 |

Post removed.Why?

pang72

51,666 posts

Posted by pang72 > 2018-11-30 21:03 |

Post removed.Why?

pang72

51,666 posts

Posted by pang72 > 2018-11-30 21:04 | Report Abuse

Nicholas sai,....

Am I right?

Posted by Nicholasming91 > 2018-11-30 21:10 | Report Abuse

Nah nothing to regret of, will will keep till future, still got AA dividend coming kikiki. Hows your presbhd doing ?

Posted by WeiZian Chin > 2018-11-30 21:40 | Report Abuse

how about tonight G20 meeting?will good impact for reach?

Posted by Lim Chee Keong > 2018-11-30 22:00 | Report Abuse

Not tonight. Is 6dec

pang72

51,666 posts

Posted by pang72 > 2018-11-30 22:15 | Report Abuse

My preatariang sold how many months ago....
Why you keep on asking?

Posted by Nicholasming91 > 2018-11-30 22:18 | Report Abuse

Monday Genm so hot, many bilis wanna buy

Posted by Lim Chee Keong > 2018-11-30 22:18 | Report Abuse

Who can really understand between myeg and reach on report

pang72

51,666 posts

Posted by pang72 > 2018-11-30 22:37 |

Post removed.Why?

Posted by WealthSoWonderful > 2018-11-30 23:12 | Report Abuse

Saudi just signed an agreement to proceed with purchase of US$15 bil Terminal High Altitude Air Defence (THAAD) missile defence system with US defence contractor Lockheed & Martin. And that is only part of an entire US$110 bil arms acquisition deal.

So, Donald Trump can't keep pressing Saudi to push down oil price anymore. Becos Saudi are going to need high oil price to finance that big purchase.

If Donald makes any more hassling & hustling on MBS, Saudi just chucks deal into the bin, then buys S400 system from Russia, instead of US-made THAAD.

So, it's touche.

Posted by Nicholasming91 > 2018-11-30 23:20 | Report Abuse

Its gonna be a long journey

Posted by WealthSoWonderful > 2018-11-30 23:40 | Report Abuse

Point is, that huge multi-billion deal carries the implication of many many thousands of American jobs. If Trump does anything to scuttle that deal, like by bullying Saudi to keep lowering oil price, then his own job as Prez is going to be in danger.

Posted by Nicholasming91 > 2018-11-30 23:46 | Report Abuse

We will be in crisis sooner, just keep your cash for the right moment

Posted by Nicholasming91 > 2018-12-01 00:07 | Report Abuse

Winter cannot drill oil wan meh.. u challenge Putin ah.. ride the bear to your house and up to ur anus with his remington 870 shotgun then u knw.. kikikiki

Posted by WealthSoWonderful > 2018-12-01 00:17 | Report Abuse

And who says you can have only one ally. Look at Pakistan.

pang72

51,666 posts

Posted by pang72 > 2018-12-01 00:18 | Report Abuse

Hahaha....
I donate my lubricant to drill oil at winter.Then can cut cost ...ok kah?

Posted by WeiZian Chin > 2018-12-01 00:20 | Report Abuse

so next week market is maintenance or down?

CoolBull

3,675 posts

Posted by CoolBull > 2018-12-01 00:37 | Report Abuse

Pakistan are allies with every major power. US, China, Russia. Also with Saudi & Iran.

There will be no fight between Saudi & Iran. Just as there has been & will be no fight between Pakistan & India. It will always be just lots of posturing & sabre rattling. Besides, Iran is too strong for Saudi to take on.

CoolBull

3,675 posts

Posted by CoolBull > 2018-12-01 00:42 | Report Abuse

There is going to be no 'crisis'. The only 'crisis' there is right now, is US-China trade war. And that one is gradually coming to a resolution.

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