Posted by Lai Hm > 2018-12-12 08:29 | Report Abuse

Iran lower oil selling price?

Posted by B4b4 > 2018-12-12 08:59 | Report Abuse

API reported huge big draw of 10.18 million barrels of oil. This simply shows great demand for oil globally.

Posted by B4b4 > 2018-12-12 09:00 | Report Abuse

Reach has positive cash flow from operating activities of RM 32 m.

Posted by B4b4 > 2018-12-12 09:03 | Report Abuse

Check out the cash flow account for the last few Qtrs, Reach Energy has shown strong cash generated from operating activities

Posted by Nicholasming91 > 2018-12-12 11:26 | Report Abuse

API weekly -10m

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

Reach should start seriously manning up, steadying up, shaping up & bucking up. Big time. Need to stop cringeing, cowering & over-reacting to every silly threat tweet from Donald Trump, and every little release of boullshiet US oil inventory data.

Posted by RiverOfSilver > 2018-12-12 12:08 | Report Abuse

Well, Dotard Donald could be out of office by next year, anyway. Impeachment, for pre-election misconduct. Improperly manoeuvering himself into appointment as Prez, by paying off someone to basically shut up about some sexual fling. So, in a way, manipulating election result.

Posted by RiverOfSilver > 2018-12-12 12:11 | Report Abuse

Plus also, colluding with Russian parties to influence election outcome.

Posted by Want2Win > 2018-12-12 16:16 | Report Abuse

PR betul cakap. Reach kina macho lg skt libih loh.

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

Relax and stay cool

Posted by B4b4 > 2018-12-12 17:28 | Report Abuse

It is time to buy Reach guys. Don't wait too long. Just buy and wait for NK-3, Y-3 and K-16 wells to increase oil production. Buy long term and hold.

Posted by Nicholasming91 > 2018-12-12 18:37 | Report Abuse

Chill chill

Posted by toffeemoose > 2018-12-12 19:14 | Report Abuse

http://www.theedgemarkets.com/article/oil-rises-us61-libyan-supply-cut-us-inventories


Oil rises to US$61 on Libyan supply cut, US inventories

Posted by Lim Chee Keong > 2018-12-12 19:54 | Report Abuse

Good

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

B4B4 agree with you...hope management got good performance..1 year

Posted by Nicholasming91 > 2018-12-12 20:11 | Report Abuse

Hibiscus tp 3.0 reach 1.0 in the future ha

Posted by HazByn > 2018-12-12 20:47 | Report Abuse

nestle didn’t take 1 day to get this high same as reach energy it will take some time for reach energy to go up.investors are welcome traders go play hsi

Posted by SuperPanda > 2018-12-12 21:38 | Report Abuse

try luck to queue back 27 tomorrow

Posted by SuperPanda > 2018-12-12 21:40 | Report Abuse

dont think will drop back to 24c.. price before green qtr out.. if drop to 24 buy another half

Posted by Nicholasming91 > 2018-12-12 21:50 | Report Abuse

Dont worry, oil will rebound slowly. Inflation is real at US, increased health care costs, rentals and food prices as well

Posted by CoolBull > 2018-12-12 23:14 | Report Abuse

Brent every time pushed down, always start quickly fighting back like a real man. Reach needs to learn from Brent. Big time.

Posted by DreamConqueror > 2018-12-13 00:57 | Report Abuse

For those crying & sobbing all day about paper loss. If cannot tolerate the smallest paper loss, go play this beautiful stock. Every day solreal gain. After 1 year, 3.5% ROI. Perfect investmrnt, right? Right.

Posted by DreamConqueror > 2018-12-13 00:59 | Report Abuse

typo: solreal = solid real

Posted by DreamConqueror > 2018-12-13 01:01 | Report Abuse

That beautiful, perfect stock is called ...fukkin FD

Posted by Want2Win > 2018-12-13 02:05 |

Post removed.Why?

Posted by FortuneBlooming > 2018-12-13 04:14 | Report Abuse

Ha ha

Posted by Nicholasming91 > 2018-12-13 08:01 | Report Abuse

U what bank 3.5% so little , ur unit trust account ah hahha

Posted by B4b4 > 2018-12-13 08:56 | Report Abuse

https://oilprice.com/Energy/Crude-Oil/Chevron-Bets-Big-On-Supergiant-Oil-Field.html

Posted by B4b4 > 2018-12-13 08:59 | Report Abuse

A super big US oil company Chevron is investing in Western Kazakshtan . Reach Energy is also in Western Kazakshtan.

Posted by B4b4 > 2018-12-13 09:29 | Report Abuse

Be like Chevron , buy and invest in Kazakhstan. Buy Reach Energy.

Posted by B4b4 > 2018-12-13 09:45 | Report Abuse

Reach Energy start small just like Hibiscus 5 years ago, sir.

Posted by Nicholasming91 > 2018-12-13 11:27 | Report Abuse

When they start to realize Kazakshtan has high pressured wells, they sure will go search for it. Sumatec case is different .

Posted by DreamConqueror > 2018-12-13 11:43 | Report Abuse

Unit trust better than fd leh, you think what. They take your money, then play in Bursa for you what. Then they take most of the profit lor, gv back some only for you.

But cannot hold one year only lor. Five years kolang2 lor.

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

About 3 - 4 times fd rate la, usually, their ROI when averaged over several years. Otherwise, who want to take one.

Posted by DreamConqueror > 2018-12-13 12:09 | Report Abuse

DragonSlayer where got bola leh. He ponttan only one. He not slaying dragons leh. Only slaying dragon fruits & dragonflies only leh.

Posted by toffeemoose > 2018-12-13 18:10 | Report Abuse

http://www.theedgemarkets.com/article/iea-sees-global-oil-supply-tightening-more-quickly-2019


IEA sees global oil supply tightening more quickly in 2019

Posted by SuperPanda > 2018-12-13 21:17 | Report Abuse

wow 27c.. my prev said queue price. lets wait until xmas if that can tahan from drop. if can then only buy back.

Posted by SaveMsiaFromPHGov > 2018-12-13 21:33 | Report Abuse

Oil got much more upside than downside. Much, much, much more. So, apa takut.

Lg, itu Donald Trump lg skt hari kena impeach. Padan sama dia punya muka.

Posted by GrowingRich > 2018-12-13 21:42 | Report Abuse

Window dressing activities coming soon. Fund managers at investment houses could then be snapping up O&G stocks including Reach Energy at cheap

Posted by SuperPanda > 2018-12-13 22:23 | Report Abuse

window dressing during weak market no point lah.. why need to spend money when market bad.. its a naked party.. no need to buy nice cloth to join..

Posted by SuperPanda > 2018-12-13 22:26 | Report Abuse

if you announce low div and earnings on your portfolio, nothing wrong.. market is bad. people can understand. see LTAT moves.. later will PNB.. then EPF.. cannot see meh.

Posted by SuperPanda > 2018-12-13 22:28 | Report Abuse

how i know? corporate experience mah..

Posted by MoneyAndHoney > 2018-12-14 00:03 | Report Abuse

Brent oil to trade at US$70-75 per barrel moving from 2018 into 2019, says Affin Hwang Capital

http://www.theedgemarkets.com/article/brent-oil-price-trade-us7075-barrel-moving-2019-says-affin-hwang-capital

Posted by GoldenHarvest1 > 2018-12-14 00:51 | Report Abuse

Well, one thing that MY corporate experience has taught me. You do not let up on things related to promotion, marketing, corporate image etc. Those are not luxury items, make no mistake about that, but activities vital to sustained company productivity. And year end window dressing is an integral part of all that.

Those things then become all the more important during not so good times, becos then you can afford even less to have your company's revenue impaired as result of negative public perceptions.

A bear market does not last forever. But a company's business has to be strategised in such a way so as to survive & thrive over the long haul.

Posted by GoldenHarvest1 > 2018-12-14 01:55 | Report Abuse

It is not about faking, trickery or deception. Not at all. It is about slickness, attractive packaging, image sustaining, perception management & optimum presentation. All critical corporate parameters in today's immensely competitive business world.

Posted by DreamConqueror > 2018-12-14 03:00 | Report Abuse

gih gih gih

What does SuperPanda know. She is always talking like she well darn knows everything. As usual. SuperPandai la konon, dia tu.

She is talking bollox again now, becos she wants to drag Reach back down. After having panic sold cut loss at lowest, now that Reach looks like recovering, and she is now stranded high & dry on the beach gih gih gih.

Especially after also getting stranded with another batch at high, becos she was too greedy & still refused to sell when profit was still 'too small' for her.

And we also wonder about her other massive losses at Dayyang, Barrakah & Bummi Arrmada.

gih gih gih

Posted by DreamConqueror > 2018-12-14 03:13 | Report Abuse

Nekked party la, apa lanxjeow la. Dia sudah manyiak kali pigi aten itu nekked party kah. Itu maciam pinya parti seluar baju pun x pyh pky lor. Ponttot sumua pun kasi sumua olang tingok lor.

Posted by Want2Win > 2018-12-14 05:11 |

Post removed.Why?

Posted by Want2Win > 2018-12-14 05:30 | Report Abuse

US is NOT yet a net oil exporter

https://oilprice.com/Energy/Crude-Oil/No-The-US-Is-Not-A-Net-Exporter-Of-Crude-Oil.html

Posted by VolatileIsMyGold > 2018-12-14 05:43 | Report Abuse

Brent latest 61.84