Posted by B4b4 > 2018-12-08 10:11 | Report Abuse

To survive in any oil CRASH, the first thing to do is to cut costs and CAPEX. This is exactly what Reach Energy is doing.

Posted by FortuneBlooming > 2018-12-08 10:15 | Report Abuse

LOL. Your OPEC 'good news' is way very late, B4B4. It was already posted by CoolBull at 2.55 am today.

Posted by Lai Hm > 2018-12-08 10:57 | Report Abuse

Saw this in FB.

We wish you Mueller Christmas!

Posted by CoolBull > 2018-12-08 11:34 | Report Abuse

LOL. Robert Mueller is certainly shaping up into Trump's worst nightmare, for sure.

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

Robert could really end up making Donald's Christmas quite unmerry, actually.

Posted by USApg > 2018-12-08 12:13 |

Post removed.Why?

Posted by CoolBull > 2018-12-08 23:32 | Report Abuse

Bloomberg - Markets

OPEC Sends Oil Prices Higher, Defying Trump With Big Output Cut

By Nayla Razzouk, Grant Smith, and Fred Pals

8 December 2018, 01:58 GMT+8

https://www.bloomberg.com/news/articles/2018-12-07/opec-sends-oil-prices-higher-defying-trump-with-big-output-cut

Posted by MoneyAndHoney > 2018-12-08 23:43 | Report Abuse

Next OPEC Meeting April 2019

Posted by sheryn74 > 2018-12-09 11:24 | Report Abuse

Monday up up up...

Posted by Uncle Sam > 2018-12-09 16:28 | Report Abuse

All the best!

Posted by SuperPanda > 2018-12-09 18:46 | Report Abuse

Yeah.. all the best to collect back my money here.

Posted by moneypedia > 2018-12-09 18:49 | Report Abuse

owww opocotnity....

Posted by Nicholasming91 > 2018-12-09 19:12 | Report Abuse

Good luck to all

Posted by B4b4 > 2018-12-09 19:39 | Report Abuse

Yup, Reach on its way up. Thanks to OPEC and NOPEC.

Posted by Lai Hm > 2018-12-10 09:14 | Report Abuse

Reach no power.... even Opec cut production...

Posted by B4b4 > 2018-12-10 09:30 | Report Abuse

Relax guys, Brent is now up ie 62.02 pb. Stay cool and relax

Posted by Turnaround > 2018-12-10 09:31 | Report Abuse

New round for reach from .3 to .5, patient

Posted by Lai Hm > 2018-12-10 10:07 | Report Abuse

Is this good news?

https://www.reuters.com/article/us-libya-oil-protests-sharara-idUSKBN1O80IO?utm_campaign=trueAnthem%3A+Trending+Content&utm_content=5c0da45404d3012bd66bf557&utm_medium=trueAnthem&utm_source=facebook

Posted by fazlyfaruc > 2018-12-10 10:09 | Report Abuse

mati sulah ini

Posted by Lim Chee Keong > 2018-12-10 10:32 | Report Abuse

Good news

Posted by asd88 > 2018-12-10 10:35 | Report Abuse

got more at 0.30.. buy now at good price

Posted by Lim Chee Keong > 2018-12-10 10:38 | Report Abuse

Why hib going up and up. Different with reach?

Posted by Torreira > 2018-12-10 10:43 | Report Abuse

because hib making a good profit whereas reach is loss at the latest quarter....

Posted by reishiro > 2018-12-10 10:48 | Report Abuse

Keep dropping....

Posted by Lai Hm > 2018-12-10 10:56 | Report Abuse

Volume is low, no investors....

Posted by Lim Chee Keong > 2018-12-10 10:56 | Report Abuse

But this is should not be the real Reason. Someone margin call and throw?

Posted by Lim Chee Keong > 2018-12-10 10:58 | Report Abuse

Now backing 0.3.hopefully is someone one time throw then go back the price supposed to be

Posted by toffeemoose > 2018-12-10 11:01 | Report Abuse

Yeap...no more foreign funds to prep up the prices....

Now its all local operators and they are relatively limited...

Too many discounts now...

Posted by Lai Hm > 2018-12-10 11:02 | Report Abuse

Opec cut VS bear market, currently bear market leading 1-0.

Posted by Lim Chee Keong > 2018-12-10 11:06 | Report Abuse

O&g should not count even in bear market.

Posted by moneypedia > 2018-12-10 11:06 | Report Abuse

jeng jeng jengggggggggg

Posted by DreamConqueror > 2018-12-10 11:07 | Report Abuse

Come on, Reach Energy! Better snap out of your Trauma, Despair & Dismay mode fast, and get your act together & shape up with greatest urgency. Or else, you're gonna get whupped by Perdana Petroleum & get left behind. Maybe for good.

Posted by Lim Chee Keong > 2018-12-10 11:09 | Report Abuse

10.55.17am, one trade 100000unit with 0.30

Posted by DreamConqueror > 2018-12-10 11:13 | Report Abuse

As a matter of fact, Reach has already been whupped big time, by humble Carimin to boot.

Posted by Kit Kit Kent > 2018-12-10 11:21 | Report Abuse

next year

Posted by MoneyAndHoney > 2018-12-10 11:27 | Report Abuse

WTI latest 52.59

Brent latest 62.13

And where is Donald 'Da Dikkhedd' Trump now?

Posted by Want2Win > 2018-12-10 11:28 |

Post removed.Why?

Posted by CoolBull > 2018-12-10 11:40 |

Post removed.Why?

Posted by fixer > 2018-12-10 11:59 | Report Abuse

come on reach. we still believe in you...

Posted by kfliau > 2018-12-10 12:19 | Report Abuse

Reach may have the oil fields but they just don't have the money to gorek. Interest charge last quarter alone on corporate loan with no fixed repayment term was 15M. That sounds more like ALONG! How to make enough to pay interest?

Posted by pang72 > 2018-12-10 12:56 | Report Abuse

30cent reach.....

Posted by B4b4 > 2018-12-10 13:57 | Report Abuse

Patience and only long term investors are encourage

Posted by WeiZian Chin > 2018-12-10 15:00 | Report Abuse

NEED TO WAIT 6-9months...kot...

Posted by ProsperousRealm > 2018-12-10 15:12 | Report Abuse

That is why, you always need more than one horse for a long campaign. Becos horses get tired too. So, you need to keep shifting horses. Just like you need to keep shifting players if you're a football manager. The loyalty needs to be to the coach & the club, rather than to any particular player.

Posted by darksoul > 2018-12-10 15:16 | Report Abuse

drop...

Posted by reishiro > 2018-12-10 15:18 | Report Abuse

.290 soon...fainted....

Posted by SaveMsiaFromPHGov > 2018-12-10 15:26 | Report Abuse

29.5 strong support la

Posted by reishiro > 2018-12-10 15:28 | Report Abuse

Breached ady....

Posted by Lai Hm > 2018-12-10 15:34 | Report Abuse

mampos...

Posted by Nicholasming91 > 2018-12-10 15:41 | Report Abuse

Market mampos, simpan duit dulu, beli rendah, tak payah sell