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

sheep

3,852 posts

Posted by sheep > 2019-06-27 08:24 | Report Abuse

if production level dropped in next qr, gone case....

B4b4

7,597 posts

Posted by B4b4 > 2019-06-27 09:18 | Report Abuse

There are altogether FOUR new wells drilled and ready. They are Yessen 3, NK 3, K 15, and K 16.

Posted by ckkhor0722 > 2019-06-27 09:23 | Report Abuse

hey b4b4, do u go agm ? this is latest news ?

Gilastock

31 posts

Posted by Gilastock > 2019-06-27 09:48 | Report Abuse

Haiz, nobody willing to share about agm

Run Bull

238 posts

Posted by Run Bull > 2019-06-27 10:17 | Report Abuse

Ya. Please share some..,If anyone knows about the outcome agm yesterday

Gilastock

31 posts

Posted by Gilastock > 2019-06-27 10:29 | Report Abuse

Sure nobody willing share punya la, Sudan la

Gilastock

31 posts

Posted by Gilastock > 2019-06-27 10:29 | Report Abuse

Run rull u keep holding?

Run Bull

238 posts

Posted by Run Bull > 2019-06-27 11:48 | Report Abuse

Ya still gilastock

Posted by Moneywang > 2019-06-27 12:07 | Report Abuse

Who ever bought at 0.195 don't sell.. Hold ya.. U will be earning great today.. Trust me..

Posted by more_n_more > 2019-06-27 13:39 | Report Abuse

CEO still no change?
CEO still is CEO ???
We will be back in the black 2020
will shoot high high to sky in 2020
so stay Holland and enjoy enjoy, dont give it up
We will be back in the black...... will.............

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-06-27 15:18 | Report Abuse

CEO every year talking will be back to black since 2016, it wont happen till next year once CPF start off

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-06-27 15:20 | Report Abuse

CPF completion and new well license are the only good news for 2H19.. and the MIEH refinance debt if materialized

Gilastock

31 posts

Posted by Gilastock > 2019-06-27 15:37 | Report Abuse

Run bull what your average price?

Go4it

10 posts

Posted by Go4it > 2019-06-27 15:49 | Report Abuse

As i said this is a super lousy stupid counter.. Shame for those who bought it.. Memalukan saja... Company tak untung still cheating ppl.. So poor.. Keeping downtrend only.. Who buy who die.. Cepat lari.. If not bukan saja isi xdpt, tulang also gone.. Faster run.. For those who still key in, pls cancel order and find for other counter.. For sure u will gain even more than this super stupid counter..

jiunn

866 posts

Posted by jiunn > 2019-06-28 09:05 | Report Abuse

***UNDER MY RADAR




START TO PUT YOUR BETS......BULLISH DIVERGENCE!!


REACH remains in base building mode with good support from the lower Bollinger band
(0,190) and RECENT low (0,185) cushioning downside, while rebuilding support above the 100-day ma (0,230) with recoveries should stall near the 23.6%FR (0,310), 38.2%FR (0,400) and 50%FR (0.465)

B4b4

7,597 posts

Posted by B4b4 > 2019-06-28 10:13 | Report Abuse

Reach has output of about 2900 bpd. With 4 new wells K15,K16, Y3 and NK3, soon the output will increased tremendously. The debts is minimal for Reach if compare with many other og stocks.

Posted by more_n_more > 2019-06-28 10:24 | Report Abuse

output isn't the problem
the problem is the output never increase
so price stock also never increase
same like CEO talk talk cock
will be back in the black, but never back in the black
ga gi gong ga gi song niaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa

hello, talk cock CEO, how are you ???????????????????????????

ivan9511

3,854 posts

Posted by ivan9511 > 2019-06-28 16:19 | Report Abuse

Bottom done
now safe to sapu
expect 30% easy money from buy @19sen
safe bow
now
AAll in
All in Sapu a few Lori first

Posted by WeiZian Chin > 2019-06-28 18:03 | Report Abuse

Ir. Shahul Hamid bin Mohd Ismail share buy back !! is that good start???

Posted by ckkhor0722 > 2019-06-28 18:29 | Report Abuse

i just saw it, although just 100000 share.

sheep

3,852 posts

Posted by sheep > 2019-06-28 19:08 | Report Abuse

Just for show.. to give confidence.. then his kakis will throw 50millions to you all. After all done, he will wrap up and go for a holiday in america while you all go holland for long termm...wakaka

Gilastock

31 posts

Posted by Gilastock > 2019-06-28 20:39 | Report Abuse

I think drama only

Posted by more_n_more > 2019-07-01 06:36 | Report Abuse

hurry hurry hurry
last call for cheap cheap cheap sales
after 0.30, 0.40, 0.50, 0.60, 0.70.....

moneypedia

5,987 posts

Posted by moneypedia > 2019-07-01 07:18 | Report Abuse

yah gah hogah hogah

B4b4

7,597 posts

Posted by B4b4 > 2019-07-01 07:38 | Report Abuse

1P reserves for REB is 29.49 MMBOE which is equivalent to RM 4 B, after tax and other taxes. Just wait for the new wells like K15, K16, NK 3 and Y 3 to be fully operational.

B4b4

7,597 posts

Posted by B4b4 > 2019-07-01 11:05 | Report Abuse

Russia and Saudi agreed to extend oil cut. Oil prices is on the uptrend. Go to invest in REB since the debts is manageable and the NTA is above 70s

jiunn

866 posts

Posted by jiunn > 2019-07-01 11:13 | Report Abuse

***OIL & GAS IN THE PLAYS AGAIN!!!





HUAT HUAT AAAAARRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR!!!!

B4b4

7,597 posts

Posted by B4b4 > 2019-07-01 11:16 | Report Abuse

Don't play. Invest invest invest. The K15 and NK 3 wells are in oil production with TPP already approved. The BOPD will increased trenendously.

jiunn

866 posts

Posted by jiunn > 2019-07-01 11:17 | Report Abuse

***WISH TO SEE A BIG WHITE BULLISH CANDLESTICK TODAY..........

Posted by newbie_2016 > 2019-07-01 13:20 | Report Abuse

up up up!!

Posted by more_n_more > 2019-07-01 13:47 | Report Abuse

soon 0.300
CEO keep buy, still cheap cheap cheap

Posted by DreamConqueror > 2019-07-01 15:11 | Report Abuse

LOL

You guys still here?

Posted by more_n_more > 2019-07-01 15:17 | Report Abuse

all in Holland
wait rocket bring back to Malaysia
look like no more chance
wakakakakakakakakakakakakakakaka

siaoliao

917 posts

Posted by siaoliao > 2019-07-01 16:03 | Report Abuse

2moro will GAP UP......welcome back to malaysia

sheep

3,852 posts

Posted by sheep > 2019-07-01 16:51 | Report Abuse

after dumping all, bad news starts to flow... all dumb dumb trapped..
wakakaka

Posted by Steven Wong > 2019-07-02 09:33 | Report Abuse

Any potential growth for this counter?

Torreira

137 posts

Posted by Torreira > 2019-07-02 09:36 | Report Abuse

No...better dont touch ~

Posted by Steven Wong > 2019-07-02 09:47 | Report Abuse

That bad? I am still holding its warrants. :(

Posted by ProsperousRealm > 2019-07-02 10:20 | Report Abuse

Sometimes we need to reevaluate our position & make a tough call. It's always about survival more than anything else.

I was lucky I got out while still on some significant paper gain, several months ago. It was just instinct, much more than anything else.

B4b4

7,597 posts

Posted by B4b4 > 2019-07-02 10:31 | Report Abuse

REB is still viable. Currently oil production is estimated to be 2900 bpd. With NK 3 and K 15 wells, there will be an increased in production.

LEEKS7

161 posts

Posted by LEEKS7 > 2019-07-02 13:20 | Report Abuse

Production n revenue all improving, but Y CEO wana dispose his shares ?

B4b4

7,597 posts

Posted by B4b4 > 2019-07-02 15:23 | Report Abuse

The CEO dispose his Indiect shares whereas his direct shares increases from 766000 to almost 1m

B4b4

7,597 posts

Posted by B4b4 > 2019-07-02 15:25 | Report Abuse

He sold the shares about 127 m in off market deals to another big boss, whose name is still unknown . That is the mystery.

sheep

3,852 posts

Posted by sheep > 2019-07-02 16:28 | Report Abuse

cut loss, cut loss...negative news coming...no big boss buy big con...wakakaka

LEEKS7

161 posts

Posted by LEEKS7 > 2019-07-02 16:41 | Report Abuse

@sheep .. pls share the right info

Gilastock

31 posts

Posted by Gilastock > 2019-07-02 17:12 | Report Abuse

Delisting soon lousy stock

Gilastock

31 posts

Posted by Gilastock > 2019-07-02 17:13 | Report Abuse

@B4b4 why u so confident for this stock?

Posted by Book Soon Tan > 2019-07-02 18:19 | Report Abuse

Trouble stock. Sell. Down again. No end.

Posted by ckkhor0722 > 2019-07-02 18:50 | Report Abuse

i believe that brent oil up to 70 , reach share will back to normal. so ntg that i can do nw, just sit and wait.

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-07-02 23:19 | Report Abuse

whatever goes up will come down (already happened) and whatever goes down will come up (can be happened)

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