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 SaveMsiaFromPHGov > 2018-12-10 15:45 | Report Abuse

Tadak mampos la. Ada letih sikit saja la.

Posted by SaveMsiaFromPHGov > 2018-12-10 15:46 | Report Abuse

Brent sudah 62, mana boleh mampos.

Posted by WeiZian Chin > 2018-12-10 15:46 | Report Abuse

I BO LUI AVERAGE DOWN T.T

Posted by SaveMsiaFromPHGov > 2018-12-10 15:48 | Report Abuse

Market only spooked by Topglove

Posted by GoldenHarvest1 > 2018-12-10 15:51 | Report Abuse

Oil waiting to resume upclimb

B4b4

7,597 posts

Posted by B4b4 > 2018-12-10 15:57 | Report Abuse

Reach Energy has discovered oil in NK-3, Y-3 and K-16, surely the share price will go up.

bylkw2

144 posts

Posted by bylkw2 > 2018-12-10 16:05 | Report Abuse

why reach just keeps on dropping despite of new discoveries

Posted by GoldenHarvest1 > 2018-12-10 16:16 | Report Abuse

Hard to say. Sometimes syndicate guys tekan downward first to collect, when they believe that something is surely going up. Can happen also.

Posted by Nicholasming91 > 2018-12-10 16:18 | Report Abuse

Usually syndicate who controls the market, thats why they earn so much from panic sellers

B4b4

7,597 posts

Posted by B4b4 > 2018-12-10 16:20 | Report Abuse

Buy as an investor. Just wait for the CEO , Mr Shahul to produce the results

B4b4

7,597 posts

Posted by B4b4 > 2018-12-10 16:21 | Report Abuse

Reach has Zero bank borrowings. Only a loan from the corporate shareholder

kfliau

1,977 posts

Posted by kfliau > 2018-12-10 16:25 | Report Abuse

Get ready for PP or RI

B4b4

7,597 posts

Posted by B4b4 > 2018-12-10 16:26 | Report Abuse

No need PP or RI because Reach has very good cash flow of RM 32.463 m and net cash in bank of RM 37.325 m

B4b4

7,597 posts

Posted by B4b4 > 2018-12-10 16:27 | Report Abuse

All Reach has to do is just dig the oil from the wells and sell.

Posted by _Investment_ > 2018-12-10 16:30 | Report Abuse

What happen to this company? So many good news but share price keep dropping? What are they doing?

B4b4

7,597 posts

Posted by B4b4 > 2018-12-10 16:34 | Report Abuse

Nothing wrong with the company sir. Reach is still digging Brent oil in the Emir Oil subsoil , the area slightly bigger than Singapore!

Pete118

306 posts

Posted by Pete118 > 2018-12-10 16:34 | Report Abuse

Not only reach going down. All my other holdings in red.

B4b4

7,597 posts

Posted by B4b4 > 2018-12-10 16:36 | Report Abuse

Just buy and invest long term. Have faith in the company.

asd88

809 posts

Posted by asd88 > 2018-12-10 16:39 | Report Abuse

Looks like many are in great fear and trembling

pang72

51,666 posts

Posted by pang72 > 2018-12-10 16:43 | Report Abuse

Wah...
.oil production cut...
Why Reach still goes down?

pang72

51,666 posts

Posted by pang72 > 2018-12-10 16:44 | Report Abuse

Break my tp30cents.....siao

gogot

20 posts

Posted by gogot > 2018-12-10 17:00 | Report Abuse

pengsan

Lai Hm

167 posts

Posted by Lai Hm > 2018-12-10 17:09 | Report Abuse

Lost for words... what happen?

sheryn74

212 posts

Posted by sheryn74 > 2018-12-10 17:10 | Report Abuse

Today a lot all in red sea. Not only Reach. I still have faith in this company.

Franklim1989

1,453 posts

Posted by Franklim1989 > 2018-12-10 17:11 | Report Abuse

From 0.525 drop to 0.280..good pump in

Posted by WeiZian Chin > 2018-12-10 17:11 | Report Abuse

REB is close to resuming the construction work associated with the Central Processing Facility (CPF), as it is a key element to our
plans to ramp up production. When commissioned in 3Q 2019, the CPF would enhance our oil handling capacity to 12,000 bopd.
This would substantially improve our earning potential in the near future.

Posted by WeiZian Chin > 2018-12-10 17:13 | Report Abuse

dont know boss got tuo kang bo

8251313

106 posts

Posted by 8251313 > 2018-12-10 17:25 | Report Abuse

Is TH selling?

Posted by Nicholasming91 > 2018-12-10 17:25 | Report Abuse

Today presbhd big loss wowww many jump sea alrdy

signalmw

3,314 posts

Posted by signalmw > 2018-12-10 17:26 | Report Abuse

(美国.纽约7日讯)石油输出国家组织(油盟)周四于维也纳集会讨论产量议题,在产油大国沙地阿拉伯暗示减产幅度可能低于预期,而且主要产油国尚未达成减产协议,引发油价大跌。

美国西德州中级原油1月期货周四盘中重挫3.23%,报每桶51.18美元。伦敦布兰特2月期油盘中大跌2.19%,报每桶60.21美元,稍早一度失守60美元关卡。

pang72

51,666 posts

Posted by pang72 > 2018-12-10 18:51 | Report Abuse

Pening kepala!!

Lai Hm

167 posts

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

Brent below 61

ANYU

979 posts

Posted by ANYU > 2018-12-10 19:10 |

Post removed.Why?

Lai Hm

167 posts

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

Anyu 30c coming? Now is 28c?

pang72

51,666 posts

Posted by pang72 > 2018-12-10 19:50 | Report Abuse

Aiyo...
39cent buy then 28cent..
Sakit kepala...

pang72

51,666 posts

Posted by pang72 > 2018-12-10 20:26 | Report Abuse

Boycott PH...
This is interesting.
Then see you at 1000points.

moneypedia

5,987 posts

Posted by moneypedia > 2018-12-10 21:03 | Report Abuse

aiyooo pigi tido laaa pangggg sula malam... Pakatan Haramjadah sula bagi bungkus bursa laa kikiki

pang72

51,666 posts

Posted by pang72 > 2018-12-10 21:27 | Report Abuse

Money...
Wa tau ....bursa tak la Harapan....

pang72

51,666 posts

Posted by pang72 > 2018-12-10 21:28 | Report Abuse

Pakatan tala harapan....
Semua project cancel....
Kita minum air , makan angin sudah la

mf

29,216 posts

Posted by mf > 2018-12-10 21:29 | Report Abuse

Zzz

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-12-10 23:03 | Report Abuse

i really like to post again my comment month ago about coming market crisis... but someone did not like it..

i hope he now learn something..

Run Bull

238 posts

Posted by Run Bull > 2018-12-10 23:09 | Report Abuse

Drop so much. Scary..;-( what la Sharul Hamid doing???

pang72

51,666 posts

Posted by pang72 > 2018-12-10 23:55 | Report Abuse

Aiyo..
I buy 45 cents...
I dare dare average 40cents
If hit 35cents...I close eye average
32cents is my last batch of purchase to show my support...for Reach...
But now 28cents...I warn you guys a month ago that crisis coming ..
Never listen to me??
What the he'll am I doing to average till 32cents....and knew crisis coming month ago?
I agreed I am stupid a month ago.

Run Bull

238 posts

Posted by Run Bull > 2018-12-11 00:07 | Report Abuse

Sharul Hamid bring news but never show result. That bad ..

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-12-11 07:02 | Report Abuse

Haiyyaaa ah pang you didnt take the whole context.. when i rule out the point, i was saying dont all in and keep cash aside too.. it doesnt mean totally stay out.. when opportunity comes can go in lah..

i was confident the rpt will green but it was not.. told cut loss -3c at 34. it was a correct move then..

your tp 30.. now 28 so whats your move

SuperPanda

11,431 posts

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

i only hve armada, hibscs wa and kgb now and hold 1/2 capital

wait to buy some counter on ems and tech. i believe another 10-20% further downside by end year.

reishiro

32 posts

Posted by reishiro > 2018-12-11 07:13 | Report Abuse

Brent also keep dropping...
No hope ady
Cut loss.

B4b4

7,597 posts

Posted by B4b4 > 2018-12-11 07:44 | Report Abuse

The last Qtr results showed a revenue of RM 40.836m despite extreme weather conditions in the Aktau region. As usual, during the period of July to Sept, the weather in the Aktau region is very cold, this will hinder some business activities. However, with the new oil well in NK-3, the increased in oil production will be about 34.5%. Plus new oil in the Y-3 well and also the K-16 well.

Posted by WeiZian Chin > 2018-12-11 07:58 | Report Abuse

2019 will better than 2018 result...be patient

Pete118

306 posts

Posted by Pete118 > 2018-12-11 08:08 | Report Abuse

Should i cut loss? Enter at 34

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