REACH ENERGY BHD

KLSE (MYR): REACH (5256)

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Last Price

0.025

Today's Change

0.00 (0.00%)

Day's Change

0.02 - 0.025

Trading Volume

1,050,100


9 people like this.

19,254 comment(s). Last comment by newbie_2016 3 days ago

B4b4

7,594 posts

Posted by B4b4 > 2019-07-10 08:38 | Report Abuse

I prefer to wait till the end of 2019 to see how Reach settled the RM 300m debts

Ron90

4,126 posts

Posted by Ron90 > 2019-07-10 08:44 | Report Abuse

you wait so more?..should have made that decision looong time ago.. this ceo lousy and tipu one.. every losing money except him

sheep

3,851 posts

Posted by sheep > 2019-07-10 09:31 | Report Abuse

when next qr out, will be below 0.10.. end of the year, pn17..
wakaka

LEEKS7

161 posts

Posted by LEEKS7 > 2019-07-10 10:04 | Report Abuse

16.5 .. if no positive news will continue drop, SAD !

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-07-10 10:15 | Report Abuse

its a disposal from main shareholder through another door, so it would not appear as main shareholder disposal

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-07-10 10:17 | Report Abuse

next qtr mostly will be in loss too.. those still holding only can hope it will find way to become profitable... and that might take sometimes

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-07-10 14:47 | Report Abuse

another day of high vol with downside.. once drop to 0.165, next is .15 ..

moneypedia

5,987 posts

Posted by moneypedia > 2019-07-10 16:18 | Report Abuse

aiyooo what happen laaa PN17 la better....

lambsauce

332 posts

Posted by lambsauce > 2019-07-10 16:36 | Report Abuse

once a hot cake when everyone was expecting oil to rise to US$100, n now it keeps breaking the record of lowest low, god bless

JJTAN0409

234 posts

Posted by JJTAN0409 > 2019-07-10 20:59 | Report Abuse

从0.19一路收到0.17手都会暖。

JJTAN0409

234 posts

Posted by JJTAN0409 > 2019-07-10 22:01 | Report Abuse

我感觉reach会涨到1.xx当国际油价暴涨。

paktua73

18,350 posts

Posted by paktua73 > 2019-07-11 11:25 | Report Abuse

paktua will adds more if reach 0.15..
now paktua hold 387k unit here avrrge abive 0.23

tut tut
here will hold mid term

sheep

3,851 posts

Posted by sheep > 2019-07-11 11:28 | Report Abuse

buy below 0.10 sure win..wakaka

Posted by SweetNovember > 2019-07-11 15:20 | Report Abuse

all in

Posted by SweetNovember > 2019-07-11 15:24 | Report Abuse

oil and gas rally.... will lead the bursa... lick heman lanciao

LEEKS7

161 posts

Posted by LEEKS7 > 2019-07-11 15:34 | Report Abuse

Can REACH fly like KNM ????

Posted by SweetNovember > 2019-07-11 15:57 | Report Abuse

reach super hijet

turbo8672

132 posts

Posted by turbo8672 > 2019-07-11 16:04 | Report Abuse

my most concerned was 300 Million loan expired in this year!

turbo8672

132 posts

Posted by turbo8672 > 2019-07-11 16:05 | Report Abuse

hope no right issue.. although not much money with current low price

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-07-11 16:29 | Report Abuse

disposal cool down today, keeping up with the vol and waiting the right time to top up

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-07-11 16:30 | Report Abuse

wanna see if .15 really can touch

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-07-11 16:40 | Report Abuse

my projection... in case MIEH still want Reach to settle the debt and reach cannot serve, m&a might take place where reach can dispose half of its ownership to another party.. this what done by sapnrg on its drill segment

it cannot run from corporate exercise due to its insufficient fund for capex and debt payment so m&a is the best option

for half of its asset, will be worth >300m based on its book value

is this happen, that would be big good news on top of license extension and CPF development

6257

11 posts

Posted by 6257 > 2019-07-11 17:04 | Report Abuse

I am a chebai
I am a chebai
I am a chebai

Pls forgive me

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-07-11 17:13 | Report Abuse

i foresee more disposal will happen, lets see ma14days first

even pn17 like utusan, sumatec, londonbis can up, so do reach

Solomon7

370 posts

Posted by Solomon7 > 2019-07-11 20:48 | Report Abuse

Panda, norwegian fund might be exiting... Same like hibiscus... But never know it might shot to 25c...

Quite some time didn't hear uncle Quek LC n the market....let see next few weeks..

moneypedia

5,987 posts

Posted by moneypedia > 2019-07-11 20:58 | Report Abuse

fuck off laaa my avg here 0.24...ini tempat aku ikut paktua laaa....0.15 bru avg lg....hanat pinya director laaa...

acadi

314 posts

Posted by acadi > 2019-07-11 22:06 | Report Abuse

Are you people speculating or buying on current scenario?????If things go according to plans...reach by 4th Qtr of 2019 will show results you will never dream of...My neutral price for Reach at end Dec2019 is 0.58 per share before dilution.And dilution is price positive...If Crude stays above USD70 ...my bet is for Reach to achieve a price of 0.39 after dilution...GOOD LUCK to all present imvestors

MY opinion is most likely 1;1 Right issue at 0.50 oer share for he new issue
THat would raise abt RM500million for the company to utilise

acadi

314 posts

Posted by acadi > 2019-07-11 22:11 | Report Abuse

For those who are holding Mother shares,,,be prepare to average dowm at as rate of 50%

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-07-12 10:45 | Report Abuse

i dont think it will below than 0.15, if have i will sapu as much as i can and keep it until CPF completed by end year

but before CPF can success must settle capex and debt first

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-07-12 10:46 | Report Abuse

the other problem need to settle is the ability of operation to produce >3k bbl

tingkap

913 posts

Posted by tingkap > 2019-07-12 11:14 | Report Abuse

no need to wait 0.1 to sell. u already have a buyer at 0.175. just sell lor.

huat ah

tingkap

913 posts

Posted by tingkap > 2019-07-12 11:16 | Report Abuse

as of 11:15am 12 July 2019

trade volume
0.0175 --- 304,300
0.18 --- 4,613,500
0.185 --- 30,800

tingkap

913 posts

Posted by tingkap > 2019-07-12 11:17 | Report Abuse

0.18 is high volume today

moneypedia

5,987 posts

Posted by moneypedia > 2019-07-12 11:20 | Report Abuse

nasib aku maki mlm td bleh la nayik skit...kuang kuang kuangggggg...let see whether its bottoming or not....

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-07-12 11:33 | Report Abuse

current 0.175 might be fake buyer, from .30 to .165 i see it more from left hand to right hand

thats why i still want to wait if that will continue happen till .15, jst wait for couple weeks more

for a driller thats own 100% oil well at 1b value, i dont think will be below .15 unless something very bad going to happen

tingkap

913 posts

Posted by tingkap > 2019-07-12 11:40 | Report Abuse

when investors get panic. they will sell whatever the price. remember the KNM seller at 0.07 ... 0.075 6 months ago?

JJTAN0409

234 posts

Posted by JJTAN0409 > 2019-07-12 11:55 | Report Abuse

0.17 support same that velesto. wait until 0.30

maya1301

660 posts

Posted by maya1301 > 2019-07-12 12:44 |

Post removed.Why?

陈田丰

80 posts

Posted by 陈田丰 > 2019-07-12 13:54 | Report Abuse

I got stock frm 0.46 - 0.18...lagi turun.. Lgi msuk.. Wait 0.35 sell all

tingkap

913 posts

Posted by tingkap > 2019-07-12 14:56 | Report Abuse

haiya. why got buyer 0.19?

tingkap

913 posts

Posted by tingkap > 2019-07-12 14:57 | Report Abuse

whatever. let wait till 0.15. cheers

tingkap

913 posts

Posted by tingkap > 2019-07-12 15:02 | Report Abuse

sell sell sell. run run run

tingkap

913 posts

Posted by tingkap > 2019-07-12 15:04 | Report Abuse

hahahaha. earn instant profit rm500. bought 50,000 unit at 0.18. runnnnn

tingkap

913 posts

Posted by tingkap > 2019-07-12 15:07 | Report Abuse

run oredi lorr. pass the baton to the buyer 0.19 to sell it at whatever price they want. 0.15? 0.10?

Posted by more_n_more > 2019-07-12 15:20 | Report Abuse

sell sell sell

run run run

Holland Holland Holland

i like Holland

tingkap

913 posts

Posted by tingkap > 2019-07-12 15:24 | Report Abuse

sell sell sell. i want to buy 0.175

Posted by SweetNovember > 2019-07-12 16:09 | Report Abuse

SweetNovember all in
11/07/2019 3:20 PM
X
SweetNovember oil and gas rally.... will lead the bursa... lick heman lanciao
11/07/2019 3:24 PM

Posted by SweetNovember > 2019-07-12 16:09 | Report Abuse

all in

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-07-12 16:21 | Report Abuse

dun worry, 0.175 might come again, if disposal plan continue, today just want to show fake rebound only

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-07-12 16:23 | Report Abuse

true reversal need to create support price and break resistance

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