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 DreamConqueror > 2018-12-17 16:06 | Report Abuse

Simply survive is not good enough, dude. If you got tweny five million, even you lose three million also, you still survive.

But then the goal of investing is to make profit. Gaw gaw profit when possible. Not to crack head & struggle, and then only end up making losses.

jasontan1177

1,768 posts

Posted by jasontan1177 > 2018-12-17 16:10 | Report Abuse

wah itu reach manyak mulah haliga......

jasontan1177

1,768 posts

Posted by jasontan1177 > 2018-12-17 16:11 | Report Abuse

Dream you ala kasi tambah serbuk cuci or not ? kasi hantam kaw kaw Reach la....

Posted by Nicholasming91 > 2018-12-17 16:42 | Report Abuse

First time happen, will have second time.. need wait next year liao

signalmw

3,314 posts

Posted by signalmw > 2018-12-17 17:15 | Report Abuse

此外,美國股市指數期貨在大跌之後,暫時沒有反彈跡象。技術指標顯示馬股目前還未進入超賣區域,因此短期內不太可能顯著反彈。

Maynot

822 posts

Posted by Maynot > 2018-12-17 17:50 | Report Abuse

The company really let their investors down with their recent loss in qtr report. Reach now worth nothing. No need to see oil price anymore. Oil price high also not making profit. Oil price low then for sure company goes down the drain

B4b4

7,597 posts

Posted by B4b4 > 2018-12-17 18:24 | Report Abuse

Please check out the cash flow account sir. Reach has positive cash flow of RM 32.463 m from operating activities. This is more important than a small loss of RM 5 m. So no worries. I see opportunity to buy cheap and keep.

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-12-17 18:28 | Report Abuse

haiyyaaa... still talking abt my investment.. i have 2 properties wnt to sell total for >1.8m.. interested or not? how much your networth to kesian me..

if you want the link i can share and i can let my agent to cntact you.. location at ecoworld next to educity kota iskandar.

Posted by Nicholasming91 > 2018-12-17 18:30 | Report Abuse

Superpanda buy next to botak lim property. Banyak syok

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-12-17 18:33 | Report Abuse

if you want to meet me also can.. we talk abt what we have with proof.. talk here big for what.. or lets play golf and put big bet on every hole..

come.. meet me.

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-12-17 18:45 | Report Abuse

botak lim level too high lah ming.. palace link.. in this south state gov, palace have strong control over the state gov.. im in construction and development, knew very well all the land related..

i bought ecoworld unit at below market price.. direct from ecoworld big boss quota.. others have to cabut undi wooooo....

Posted by Nicholasming91 > 2018-12-17 18:50 | Report Abuse

U orang johor kah ?

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-12-17 18:51 | Report Abuse

johorean but growing up in penang..

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-12-17 18:55 | Report Abuse

but im not young type like most of you.. and young people mostly are not rich if you are not inherit any wealth from your family..

Posted by Nicholasming91 > 2018-12-17 18:55 | Report Abuse

And living in.....? U are everywhere !!! Rich fella, i knw many johorean damn rich rich. Even middle class also richer than kl hahahah

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-12-17 18:57 | Report Abuse

jb lor.. but where got johorean all rich.. same like others.. only that here living is less hectic compare penang and kl

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-12-17 18:59 | Report Abuse

but i was lucky had bought few properties 10 years back before land price shoot up.. now all my prop price has double up. its good time to sell.

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-12-17 19:02 | Report Abuse

and some of the prop i can refinance with lower interest rate -1%, current blr is lower than some of blr i had signed 10 yrs ago

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-12-17 19:04 | Report Abuse

but start from next year, you hve to pay rpgt when sell prop.. fyi, each of us have 1 entitlement for rpgt waive for entire life.. make use of it..

CITADEL

1,867 posts

Posted by CITADEL > 2018-12-17 19:05 | Report Abuse

that rpgt waiver still applicable in next year regulation?

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-12-17 19:07 | Report Abuse

no change on the entitlement.. each citizen is given.. but you need to apply for it when sell.

CITADEL

1,867 posts

Posted by CITADEL > 2018-12-17 19:08 | Report Abuse

oh thank you. Haiz that rpgt is painful when u sell a high price house.

Posted by Nicholasming91 > 2018-12-17 19:11 | Report Abuse

Yea last time can sell property within a year and gain big bucks, now u have to keep for at least 5 years to pay lower taxes....

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-12-17 19:12 | Report Abuse

during no rpgt, people doing flip in property and gain profit without buying the house

Posted by Nicholasming91 > 2018-12-17 19:14 | Report Abuse

Yea actually a loophole that eventually needs to be filled la. Now do what busienss also susah.. only FnB can do quite some.. knn one milo also rm2

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-12-17 19:17 | Report Abuse

last year managed to sell one, 6 years hold.. no rpgt. but start next year >5 yrs still kena rpgt 5%

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-12-17 19:20 | Report Abuse

just share my experience.. sorry to divert from stock market... but principle is the same.. to gain profit.

Posted by Nicholasming91 > 2018-12-17 19:27 | Report Abuse

Is better to sell now, afraid of economic crisis where property will actually drop .. due to recession . But since the ones u bought has doubled, even if bubble also still got gain...

Posted by Nicholasming91 > 2018-12-17 19:35 | Report Abuse

Anyways if this weekend the US Baker Hughes rig counts drop to 870, last saturday is 873, or next few weeks to 860 range ( september 2018 count is around 860s) then we can see the oil price has reached bottom of 50 for crude,58 for brent. And probably oil price will go back up to 70 range. Just be patient

GoodBoy

6,594 posts

Posted by GoodBoy > 2018-12-17 20:40 | Report Abuse

Walao ... Going lower some more ...

signalmw

3,314 posts

Posted by signalmw > 2018-12-17 20:43 | Report Abuse

KNMlike

Posted by Lim Chee Keong > 2018-12-17 21:00 | Report Abuse

Hopefully tomorrow going back to normal.

Posted by DreamConqueror > 2018-12-17 21:15 | Report Abuse

The dump before the pump, by the usual syndicate guys, very likely. Just don't capitulate to panic selling.

tamp0i

912 posts

Posted by tamp0i > 2018-12-17 21:46 | Report Abuse

The lower the better. Risk of dropping is less. Accumulate no matter how. 1 day will see blossom. Just don't know if it's 1 week, 1 month or 1 year

Posted by The speculators The speculators > 2018-12-18 07:25 | Report Abuse

This is already the lowest since 5 year a ago

Posted by Lim Chee Keong > 2018-12-18 07:42 | Report Abuse

Hopefully technical rebound

GoodBoy

6,594 posts

Posted by GoodBoy > 2018-12-18 07:48 | Report Abuse

Wholely shit lor ... DJIA drop another 500pts ...

B4b4

7,597 posts

Posted by B4b4 > 2018-12-18 08:17 | Report Abuse

The Shale Oil Producers in US are now under great pressure as the WTI crude fall below 50 pb. Reach Energy has survived the worst in 2016 and 2017 when Brent is only average 35 pb and 42 pb respectively. Now Brent is 59 pb

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-12-18 08:55 | Report Abuse

Jialat.. bursa will become more worst today and coming days.

but to those whom have cash.. further discount on stock price is opportunity to accumulate

asd88

809 posts

Posted by asd88 > 2018-12-18 08:56 | Report Abuse

No sign of rebounding

darksoul

363 posts

Posted by darksoul > 2018-12-18 09:08 | Report Abuse

collect collect !!!

icecool

5,047 posts

Posted by icecool > 2018-12-18 09:23 | Report Abuse

waiting for fire sale

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-12-18 09:28 | Report Abuse

mine prediction 24 broken.. many now historical low.. stay out first and let market run its course

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-12-18 09:29 | Report Abuse

its a blessing cut loss at 34

Posted by Nicholasming91 > 2018-12-18 09:31 | Report Abuse

Sudah bottom

B4b4

7,597 posts

Posted by B4b4 > 2018-12-18 09:37 | Report Abuse

Opportunity only comes once in a blue moon. Buy now, no worries. Reach has excellent cash flow of RM 37 m

yusopa

67 posts

Posted by yusopa > 2018-12-18 09:38 | Report Abuse

downtrend not finish yet....22.5 cents coming soon

Posted by fazlyfaruc > 2018-12-18 09:41 | Report Abuse

bodoh punya stock

ramada

3,955 posts

Posted by ramada > 2018-12-18 09:43 | Report Abuse

This Reach can't make money even oil price at $80, so don't expect the share price will move upward in the bear market.

B4b4

7,597 posts

Posted by B4b4 > 2018-12-18 09:46 | Report Abuse

Stock in sudah ada banyak perubahan dari segi bidang kewangan. Jika abang mengkaji Acct Aliran Tunai iaitu cash flow acct, dalam tahun 2018 sentiasa positive manakala dalam tahun 2017 sentiasa negatif. Ini menunjukkan kepandaian CEO En Shahul

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