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 2 days ago

madguy

674 posts

Posted by madguy > 2021-08-12 13:06 | Report Abuse

@Bgt 9963 r u AI good moring bot ?? lol

madguy

674 posts

Posted by madguy > 2021-08-16 04:57 | Report Abuse

this week qr coming

651158

2,401 posts

Posted by 651158 > 2021-08-16 08:56 | Report Abuse

Hold limited up lo waiting long time already

Brutus121

481 posts

Posted by Brutus121 > 2021-08-19 10:58 | Report Abuse

Be prepared to wait longer...say a few years...

FaridIsland

1,341 posts

Posted by FaridIsland > 2021-08-19 12:46 | Report Abuse

EP bottom..no worries..anytime..Up

FaridIsland

1,341 posts

Posted by FaridIsland > 2021-08-19 12:47 | Report Abuse

Jangan beli di pucuk muda!

Posted by newbie_2016 > 2021-08-19 15:06 | Report Abuse

sifu @FaridIsland.. what is EP bottom? Also what do you mean by 'Jangan beli di pucuk muda'?

Posted by newbie_2016 > 2021-08-24 17:46 | Report Abuse

Q2 looks better than Q1 no? Good times ahead???

madguy

674 posts

Posted by madguy > 2021-08-26 15:56 | Report Abuse

@newbie_2016 is that good ??? lol

Posted by risktoreward > 2021-08-27 16:14 | Report Abuse

o&g coming

Posted by newbie_2016 > 2021-08-27 20:52 | Report Abuse

@madguy positive ebitda it's a good sign no?

Posted by newbie_2016 > 2021-08-27 20:52 | Report Abuse

wow inching up??

madguy

674 posts

Posted by madguy > 2021-08-28 16:18 | Report Abuse

come on la ... pls breakout

FaridIsland

1,341 posts

Posted by FaridIsland > 2021-08-28 19:12 | Report Abuse

Breakout 10...plsss

FaridIsland

1,341 posts

Posted by FaridIsland > 2021-08-28 19:12 | Report Abuse

Lama sudah tunggu

madguy

674 posts

Posted by madguy > 2021-08-29 20:18 | Report Abuse

yeah tmr kasi breakout la

651158

2,401 posts

Posted by 651158 > 2021-08-30 07:42 | Report Abuse

International oil WTI USD 69.40 and BRENT USD 73.60 already but reach just still at 0.090 only today standing working lo to push up the Quality amount price

Posted by newbie_2016 > 2021-08-30 11:08 | Report Abuse

go go go Reach!!!

Brutus121

481 posts

Posted by Brutus121 > 2021-09-02 10:09 | Report Abuse

Nasi Sudah Jadi Bubur.....Bubur sudah Basi......And still got people want to eat it !

madguy

674 posts

Posted by madguy > 2021-09-03 01:53 | Report Abuse

so now amoi as CEO???

651158

2,401 posts

Posted by 651158 > 2021-09-03 10:25 | Report Abuse

Reach anytime can rocket up

Brutus121

481 posts

Posted by Brutus121 > 2021-09-03 10:54 | Report Abuse

Heh heh...Amoi turn business into making cupcakes ?

Posted by newbie_2016 > 2021-09-03 22:18 | Report Abuse

Amoi is a good omen I reckon? Amen to 'rocket up'!!!

Posted by newbie_2016 > 2021-09-10 14:23 | Report Abuse

wow.. no transaction since this am??

Posted by newbie_2016 > 2021-09-13 19:50 | Report Abuse

time to fly??

651158

2,401 posts

Posted by 651158 > 2021-09-13 20:48 | Report Abuse

Must be

651158

2,401 posts

Posted by 651158 > 2021-09-15 19:52 | Report Abuse

Tomorrow limit up up up lo

Posted by newbie_2016 > 2021-09-19 14:52 | Report Abuse

hahahha heard that many times... when pigs fly???

caesarlcy

85 posts

Posted by caesarlcy > 2021-09-20 09:29 | Report Abuse

This stocks so funny when the price crude oil have up to 75+- but still make loss. When 40+- still loss so need increase to 100+- or 150+- just a little bit earn? That why nobody interested to buy it.

Posted by newbie_2016 > 2021-09-20 12:06 | Report Abuse

last quarter EBITDA turned positive.. let's see this coming quarter... we will see new lady ceo any good

Brutus121

481 posts

Posted by Brutus121 > 2021-09-20 16:58 | Report Abuse

Eh ? Got Lady CEO ? Who? Rosmah ?

Posted by newbie_2016 > 2021-09-22 00:47 | Report Abuse

hahahaha

Posted by newbie_2016 > 2021-09-22 11:47 | Report Abuse

@Brutus121 just in case you missed it..

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3189551

Miss Tan Siew Chaing ("Ms. Tan") has more than 28 years of experience in the management of large group of companies with diverse business in Malaysia and oversea countries. Her specialty areas include Group reporting, treasury management and budgeting, corporate finance, tax planning and risk management, investment evaluation, business strategies, merger and acquisition and operation management. Her experience covers various industries such as concession business, real estate, construction, manufacturing and oil and gas services.

She formerly worked with conglomerate AlloyMtd Group of companies and Syarikat Bekalan Air Selangor Sdn. Bhd..

She started as a Financial Controller of AlloyMtd in 2007 before moving up the ranks as a Senior Vice President and later was promoted to the position of Executive Vice President, Head of Finance and Treasury of AlloyMtd Group. She was a member of the Management Committee of AlloyMtd Group and holds directorship in local and oversea companies.

She is currently the Interim Chief Executive Officer of the Company since 16 October 2020.

B4b4

7,594 posts

Posted by B4b4 > 2021-09-22 12:00 | Report Abuse

Brent price is good, natural gas price is fantastic. Winter is coming to EU countries. Shortage of supplies is alarming. Buy Reach Energy.

Posted by newbie_2016 > 2021-09-22 12:18 | Report Abuse

@B4b4 i think you are referring to this news

https://www.reuters.com/business/energy/soaring-gas-prices-colder-winter-could-boost-oil-prices-says-goldman-2021-09-20/

but then again can we really trust Goldman Sachs on this???

B4b4

7,594 posts

Posted by B4b4 > 2021-09-22 12:58 | Report Abuse

Operating Expenses has reduced by more than half, Revenue has been steadily increasing. Soon, Reach Energy will see profits

Posted by newbie_2016 > 2021-09-22 13:33 | Report Abuse

@B4b4 hope you are right sifu!! Fingers crossed

Posted by newbie_2016 > 2021-09-22 23:43 | Report Abuse

hahahah this is weird counter....

izoklse

5,272 posts

Posted by izoklse > 2021-09-23 00:29 | Report Abuse

i already hold this since 0.04 cent. Still in profit but the counter hardly move. Hope with new lady boss can push up the share price.

B4b4

7,594 posts

Posted by B4b4 > 2021-09-23 06:51 | Report Abuse

Natural gas price soar to new high. Brent oil is in demand. Reach Energy will hit 20s soon

B4b4

7,594 posts

Posted by B4b4 > 2021-09-23 11:26 | Report Abuse

Reach Energy has done lots of improvement. 1. Reduced operating expenses. 2, about 90 % employees are Khazaks, hence salary in Kazakhstan Tenge which is very cheap on forex ie 1 USD to 427 Tenge, 3, cost of production is less than USD 10 pb. Buy Reach now, don't wait. This stock will hit 20s very soon.

Posted by newbie_2016 > 2021-09-23 12:17 | Report Abuse

hahaha B4b4 you are so positive.. but the price is flat lor... going nowhere... sad case

Posted by newbie_2016 > 2021-09-23 13:05 | Report Abuse

sifu @B4b4 how you arrive at 20 sen?? teach me please..

B4b4

7,594 posts

Posted by B4b4 > 2021-09-23 14:16 | Report Abuse

Many factors to consider for calculating 20s ie number of bpd in production, surge in Brent and Nat gas prices, operating expenses, potential growth in Emir Oil Region of approximately 835 km square, forex exchange etc etc

B4b4

7,594 posts

Posted by B4b4 > 2021-09-24 07:39 | Report Abuse

In April 2020, Brent oil price was below USD 25 pb. Today Brent is USD 77 pb. Reach Energy has survived through the storm. Good times are back for og stocks.

Posted by newbie_2016 > 2021-09-24 13:17 | Report Abuse

yeah @B4b4 revenue should be higher this coming quarters right? assuming same production level.. if they produce more, even higher revenue rite?

Posted by newbie_2016 > 2021-09-24 16:35 | Report Abuse

wow who is selling at a lower price?? really strange

651158

2,401 posts

Posted by 651158 > 2021-09-26 08:05 | Report Abuse

never mind just push down to 0.050 sen so i can collect more share to keep

Posted by newbie_2016 > 2021-09-26 22:20 | Report Abuse

ditto!!! Good on ya @651158

B4b4

7,594 posts

Posted by B4b4 > 2021-09-27 09:50 | Report Abuse

Buy Reach energy, guys. 20s coming very soon

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