Posted by Jeffrey Ng > 2019-04-24 15:53 | Report Abuse

reach really is a hopeless stock... i dun wan to see it anymore... even armada, barakah also up more than 15%... reach still sleeping... hopeless!! really hopeless!! its time to say bye bye...

Posted by SuperPanda > 2019-04-24 17:38 | Report Abuse

armada and reach different case, its debt very huge similar to sapnrg, so when it can refinance the debt, its a very good news

Posted by SuperPanda > 2019-04-24 17:40 | Report Abuse

reach only can go up if it can produce more barrel at higher oil price

price now higher so have to wait coming report to see if it can produce more barrel

Posted by ming > 2019-04-24 17:43 | Report Abuse

Have to settle the debt which gonna expire this year leh..

Posted by SuperPanda > 2019-04-24 19:30 | Report Abuse

debt no problem if cashflow increasing with higher prod and price

Posted by SuperPanda > 2019-04-24 19:31 | Report Abuse

lenders will come to you offer the new loan to pay existing loan

Posted by sz0312 > 2019-04-24 20:11 | Report Abuse

hmm...err

Posted by Ron90 > 2019-04-24 22:20 | Report Abuse

when oil hits over USD60, Reach suppose to fly like rocket..coz opex on-shore much much cheaper compare to off shore, yet this company failed to produce profit, why ?? 7 out of 8 qr in red.. debt lagi banyak... same league with Barakah. .. when u put the owner in the driving seat and his performance not good and proven.. recipe for disaster. This company should appoint professional CEO....ini owner banyak tamak, not enough with big shares, still want fat salary. PLC but he run this company macam syarikat bapak sendiri....huhu. Ever wonder why no dividend?

I once invested big, but after few cycle..decided to focus on more promising counters. play a bit for contra below 30c.

Posted by 8251313 > 2019-04-25 16:18 | Report Abuse

Oil flying, hisbiscus fllying except this bastard ciunter.

Posted by Leoleo > 2019-04-25 16:32 | Report Abuse

bangun cipa pls rich

Posted by Jeffrey Ng > 2019-04-25 16:33 | Report Abuse

just run.. this truly a hopeless counter... no matter how any barrel produce, how huge the volume also useless... just run.. oil price keep up but the share price.... speechless... lost hope

Posted by TheContrarian > 2019-04-25 16:44 | Report Abuse

This morning sold off Ekovest-WB at 53 sen and bought into Reach at 30.5 sen.

Posted by TingDong > 2019-04-25 18:01 | Report Abuse

Reach will fly only if the daily production barrels increases.....but management seem to be hopeless in making this happen anytime soon...sigh!!!

Posted by SuperPanda > 2019-04-25 18:13 | Report Abuse

buy for the oil sentiment, lets see if oil hit 80 what would happen to reach, if nothing happen, move on

Posted by TheContrarian > 2019-04-25 18:35 | Report Abuse

The last time Brent hit USD85, I sold off Reach at 50.5 sen.

Posted by nckcm > 2019-04-25 18:38 | Report Abuse

If oil hit 78, reach will go up.

Posted by TheContrarian > 2019-04-25 18:59 | Report Abuse

Brent is now USD75.17.

Posted by nckcm > 2019-04-25 19:01 | Report Abuse

Profit taking now, wait EU closing first lo

Posted by Solomon7 > 2019-04-25 20:10 | Report Abuse

New shareholder emerging if the latest CEO off market deal ring a bell?

Posted by nckcm > 2019-04-25 20:13 | Report Abuse

Takeover probably

Posted by Solomon7 > 2019-04-25 20:26 | Report Abuse

Nckcm, may not be based on the pace of disposal....perhaps one need Kencana to excite this counter.again?

Posted by nckcm > 2019-04-25 20:34 | Report Abuse

Solomon7 cant find any reason for this counter to be excited.. unless this coming QR show good profits.. but i see is unlikely due to low oil prices..

Posted by sheep > 2019-04-25 20:48 | Report Abuse

Ir SH shareholdings reduced from 255 millions (APR 2018) to 190 millions. That's a 6% reduction. Who's the new substantial shareholder?

Posted by Solomon7 > 2019-04-25 21:03 | Report Abuse

Nckcm, u are right. Only operational efficiencies via profitability can boost and sustain the share price

I start to observe the charm of malaysia Princeling (sons of Tun M or whoever at the corridor of power) can provide some omph to any counter. I beg to differ if my observation is flaw.

Posted by 4444 > 2019-04-26 02:50 | Report Abuse

25-Apr-2019 Insider IR SHAHUL HAMID BIN MOHD ISMAIL (a company director) disposed 40,000,000 shares at 0.281 on 23-Apr-2019.

Posted by 4444 > 2019-04-26 02:51 | Report Abuse

Director disposed 28 sen why pay 31?

Posted by 8251313 > 2019-04-26 09:14 | Report Abuse

Company going to bankrupt .

Posted by ckkhor0722 > 2019-04-26 10:51 | Report Abuse

Any source ?

Posted by WeiZian Chin > 2019-04-26 11:03 | Report Abuse

got people sold mean got people bought

Posted by newbie_2016 > 2019-04-26 11:18 | Report Abuse

hhmm.. i also wonder who is/are the new shareholder(s)?? anyone got wind of this??

Posted by newbie_2016 > 2019-04-26 11:18 | Report Abuse

if some one buying a significant stake, must be something brewing?

Posted by SuperPanda > 2019-04-26 17:52 | Report Abuse

buy bcoz expect oil will reach 80 again and see what happen once it reach that

if still not moving, then move out

Posted by SuperPanda > 2019-04-26 17:56 | Report Abuse

sahul disposition may relate to something, is he reducing to allow another party to move in? that might possible

Posted by Ho Sook Ching > 2019-04-26 18:20 | Report Abuse

Waiting for other company take over Reach.should be limit up.

Posted by Ho Sook Ching > 2019-04-26 18:20 | Report Abuse

Now reach have many big shark want to eat them.

Posted by WeiZian Chin > 2019-04-26 20:03 | Report Abuse

waiting for goreng

Posted by ckkhor0722 > 2019-04-27 10:58 | Report Abuse

Im also wait for big shark, i will hold this stock for 1 year

Posted by nckcm > 2019-04-27 11:00 | Report Abuse

Ya i heard big shark super collecting. Their warrant lowest is 0.5-0.55

Posted by Ron90 > 2019-04-27 11:45 | Report Abuse

unlimited supply of warrant sold at 6c .donno whos the seller

Posted by NoEmo > 2019-04-27 11:50 | Report Abuse

See bullish pennant pattern. Breakout at 33 and measured tp 39.5c. tayor.

Posted by Yi Heng > 2019-04-28 11:08 | Report Abuse

oil up and drop is seasonal phenomena. when oil drop, u buy airasia, but at the same time, airasia already move a lot, while oil up, u buy oil stocks, but at the same time, oil stocks also move a lot, why dont you buy oil stocks when oil drop?u think oil will drop until no tomorrow?think about it, guys. have a nice trade

Posted by SuperPanda > 2019-04-29 11:10 | Report Abuse

queue to accumulate at .29, from morning still yet to get

Posted by Rapidinvest > 2019-04-29 11:57 | Report Abuse

Who buy Shahul share should be major share holder (>5%) by now, not sure did he declare to KLSE

Posted by Ho Sook Ching > 2019-04-29 12:19 | Report Abuse

Hold until good news coming.

Posted by WeiZian Chin > 2019-04-29 15:57 | Report Abuse

@Ho Sook Ching : what good news?

Posted by Ho Sook Ching > 2019-04-29 16:06 | Report Abuse

I guess.if oil price hit above 75 sure have some company want takeover reach.because reach have few oilfield.so big shark is likely eat small shark.

Posted by Ho Sook Ching > 2019-04-29 16:06 | Report Abuse

I try hold two month.if no news i will sold off.

Posted by WeiZian Chin > 2019-04-29 16:38 | Report Abuse

I WAIT ANNUAL REPORT 31 DEC 2018 ,today or tommorrow will come out liao

Posted by ckkhor0722 > 2019-04-29 16:54 | Report Abuse

@ho sook ching , same thought , i think they will eat by big shark

Posted by TheContrarian > 2019-04-29 17:45 | Report Abuse

Managed to add at 29 sen today.