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

Price range...$0.25-0.40 ....
Just buy n hold for at least 6 month.....
Dont buy with margin........bcoz bank also like ahlong....berlesen...!!!!??

Posted by Lai Hm > 2018-12-11 08:36 | Report Abuse

Everyone get stuck here... cut loss? wait and hold? Pengsan?

Posted by Jeffrey Ng > 2018-12-11 08:41 | Report Abuse

since got stuck, why dun just hold it n be patient.... just feel weird with you guys... u wan to earn money in 1 day? 1 week? this is investment, not some kind of gambling game... now market sentiment is not good at all... everyday also red sea, what else u guys afraid of if still wan to invest? Just be patient and hold for long term will do..

Posted by Nicholasming91 > 2018-12-11 08:43 | Report Abuse

Keep some extra cash to grab cheap tech stocls by year end. Just keep Reach at the moment . Can consider Ucrest, penta, Vis, Krono .

Posted by stockholm999 > 2018-12-11 08:54 | Report Abuse

cut loss. cb oil

Posted by Jeffrey Ng > 2018-12-11 08:56 | Report Abuse

YES... keep reach for long term... still have others counter we can enter since now many already under value... usually december will be slow and many fund manager also in holiday.. should buy under value stock with potential grow...

Posted by asd88 > 2018-12-11 09:02 | Report Abuse

没有最低，只有更低

Posted by Pete118 > 2018-12-11 09:30 | Report Abuse

Thanks sifu, will hold tight tight .

Posted by B4b4 > 2018-12-11 09:45 | Report Abuse

Buy long term simply because of new oil discoveries in NK-3 and Y-3 Wells. Now K-16 well is in the process. Just wait for these 3 Wells to be in FULL swing

Posted by B4b4 > 2018-12-11 09:46 | Report Abuse

Never play CONTRA. Buy and hold.

Posted by Lai Hm > 2018-12-11 09:49 | Report Abuse

B4b4 do u what is the cost per barrel for reach?

Posted by B4b4 > 2018-12-11 09:58 | Report Abuse

Very difficult to calculate because the last QR, not stated how many barrels sold. However, the total revenue now after 3 Qtr is RM 150 m, almost equivalent to the whole of last year ie RM 157 m.

Posted by B4b4 > 2018-12-11 10:01 | Report Abuse

Reach is only 2 years old starting from May 2017 when they took full control of Emir-Oil. So not too bad for a very young company in a matured oil industry. The CEO, Mr Shahul has 38 years experience in the oil industry working in ExxonMobil and Shell.

Posted by fixer > 2018-12-11 10:18 | Report Abuse

reach found sme quality oil in NK-3. we need to stay still. cnfirm latr it will up again.

Posted by kfliau > 2018-12-11 12:15 | Report Abuse

With oil price averaging 75 last quarter and yet made hefty loss of 18M, I can't see how Reach can make profit in this current qtr, given that it's now winter, much much harshet weather conditions. Can anyone enlighten us what is the interest rate charged on the corporate loan crom shareholder that inflicted 15M interest last quarter? If it's higher than what bank charges, why have this corporate loan?

Posted by kfliau > 2018-12-11 12:16 | Report Abuse

With oil price averaging 75 last quarter and yet made hefty loss of 18M, I can't see how Reach can make profit in this current qtr, given that it's now winter, much much harshet weather conditions. Can anyone enlighten us what is the interest rate charged on the corporate loan crom shareholder that inflicted 15M interest last quarter? If it's higher than what bank charges, why have this corporate loan?

Posted by hohoho123 > 2018-12-11 12:22 | Report Abuse

woot what happend mee kari？

Posted by B4b4 > 2018-12-11 12:24 | Report Abuse

Last Qtr, the loss in RM 5.125m, ie owners of the company

Posted by Nicholasming91 > 2018-12-11 12:56 | Report Abuse

If Bursa hits 1600 its game over for all of us. Definitely 90% make loss. Many people will cut loss . Better hope 2019 will be befter

Posted by SuperPanda > 2018-12-11 13:32 | Report Abuse

Selling all over.. institution also throwing.. profit counter also drop.. foreign already long time out..

I expect bursa will go below 1600 again if sentiment like this cntinue..

Posted by Run Bull > 2018-12-11 13:48 | Report Abuse

What PH government do? Worsening the situation.. just like trump, let make 'America great again' & for new Malaysia.. ;-(

Posted by Nicholasming91 > 2018-12-11 13:50 | Report Abuse

Dont know.. but i have confident in PH in the future.. we have to accept the truth that we have so much debts now is because of BN.. other wise we dont change, we will crash harder

Posted by B4b4 > 2018-12-11 15:13 | Report Abuse

Reach managed to pull through in 2016 (avg Brent price is 35 pb) and in 2017 (avg Brent is 42 pb). Now Brent is 60 pb

Posted by darksoul > 2018-12-11 15:32 | Report Abuse

drop...

Posted by Pete118 > 2018-12-11 15:36 | Report Abuse

What is PH doing. They dont giv a f to market.

Posted by Franklim1989 > 2018-12-11 15:39 | Report Abuse

I also sold it at 0.375...because oil price keep dropping and QR LOSE.. investor not confidence with reach..hope next QR can be good..but I will pump in at 0.235

Posted by toffeemoose > 2018-12-11 15:54 | Report Abuse

at the rate its going...i aldy pares some of my loss (sold 50%) to cash and holding mostly some other warrants...

KLCI is going 1600 folks...and we need to have the cash to pick up the pieces later....

Posted by Run Bull > 2018-12-11 16:16 | Report Abuse

Investors have no confident or lost their passion waiting so long. Company doesn't show result as what been mentioned how beauty it is. That's made management look bad.:-(

Posted by pang72 > 2018-12-11 16:59 |

Post removed.Why?

Posted by GoodBoy > 2018-12-11 17:54 | Report Abuse

PH becomes Pariah Hope liao ... hahaha ...

Posted by apolloang > 2018-12-11 17:59 | Report Abuse

quickly tell najib bursa investors all support him,call for early election.bursa cds got over 1 million people

Posted by GoodBoy > 2018-12-11 18:23 | Report Abuse

Forget about him lar, busuk already ... Let i3 members form a new party to contest in the next GE better ... In case win then make shares price shoot up kao kao lor ... hahaha ...

Posted by Run Bull > 2018-12-11 18:28 | Report Abuse

Cannot. PM busy plan for proton 3 & go green diesel

Posted by Nicholasming91 > 2018-12-11 18:29 | Report Abuse

Go green and plan proton3, cepat pokkai also good ! Come china buy malaysia come come. Malaysia = 1 city of shanghai only hahaha

Posted by Run Bull > 2018-12-11 18:33 | Report Abuse

https://www.nytimes.com/2018/12/10/us/politics/white-house-hiring-trump.html

Posted by Run Bull > 2018-12-11 18:34 | Report Abuse

Now I felt US president & our PM is about the same people

Posted by TYS_Capital > 2018-12-11 18:35 | Report Abuse

this year klci bloodbath, really hold until balls almost oecah

Posted by TYS_Capital > 2018-12-11 18:35 | Report Abuse

pecah

Posted by TYS_Capital > 2018-12-11 18:36 | Report Abuse

@ runbull, now you get it.

Posted by Run Bull > 2018-12-11 19:01 | Report Abuse

Die standing..;-(

Posted by freddiehero > 2018-12-11 19:02 | Report Abuse

haha y no run..

Posted by freddiehero > 2018-12-11 19:05 | Report Abuse

29/11 i said lets break 0.20

Posted by Mohd Azman Yaacob > 2018-12-11 19:19 | Report Abuse

Pandai lah u all.. blame itu ini.. kalau pandai sangat why main share pun rugi..?? Haha..

Posted by Nicholasming91 > 2018-12-11 19:23 | Report Abuse

Haha banyak orang skrg mesti rugi, yang cakap untung banyak banyak mesti tipu sendiri . Ada duit simpan la, x de duit jangan pinjam atau beli

Posted by SuperPanda > 2018-12-11 19:29 | Report Abuse

xmas will gives more pressure to market till new year

Posted by Nicholasming91 > 2018-12-11 19:30 | Report Abuse

Xmas will be roller coaster, today up 10%, tomorrow down 10% ahahah

Posted by TheContrarian > 2018-12-11 20:49 | Report Abuse

Bought at 0.255, sold at 0.505, made some profits. Waiting to buy back.

Posted by pang72 > 2018-12-11 21:45 | Report Abuse

Good!

Posted by moneypedia > 2018-12-11 21:59 | Report Abuse

we wis suwe meli klismes, we wis suwe meli klismes en epi niyu yes....sula mau epi niyu yes la ebelibadi...epi2

Posted by ramada > 2018-12-11 22:26 | Report Abuse

There is nothing wrong with Reach, can't earn money, that's why it drops a lot. Don't make things too complicated to understand.