REACH ENERGY BHD

KLSE (MYR): REACH (5256)

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Last Price

0.03

Today's Change

0.00 (0.00%)

Day's Change

0.025 - 0.03

Trading Volume

90,100


9 people like this.

19,233 comment(s). Last comment by bizbro 1 week ago

luckaje

510 posts

Posted by luckaje > 2022-07-07 17:04 | Report Abuse

wow

mystery

489 posts

Posted by mystery > 2022-07-07 17:13 | Report Abuse

can u share us the rm1.89 valuation of analyst?

mystery

489 posts

Posted by mystery > 2022-07-07 17:47 | Report Abuse

up to today 7 Jul, no announcement that new substantial shareholder emerge? Seem like there is no big player coming in, or the ticket was actually sell at open market?

Bright888

84 posts

Posted by Bright888 > 2022-07-08 05:53 | Report Abuse

Maybe today 8 July got big big announcement.

651158

2,381 posts

Posted by 651158 > 2022-07-08 09:00 | Report Abuse

Don't happy first still continue drop must waiting Ex wa finish first

mystery

489 posts

Posted by mystery > 2022-07-08 09:14 | Report Abuse

ya, maybe 0.03-0.035

mystery

489 posts

Posted by mystery > 2022-07-08 09:17 | Report Abuse

but in current situation, warrant exercise price 0.75? who will give 0.75 to convert, sot jor, ppl can buy mother shares at 0.04 directly, 0.75/0.04 = 18.75

billionman

828 posts

Posted by billionman > 2022-07-08 11:38 | Report Abuse

Hve to monitor and aware of happenings Russia/Ukraine war since Reach directly in Kazakhstan and affected by the spillover of sentiments and oil market and sanctions on Russia.

Some of the developments over the last week include:

a. Investors have begun to sell rallies rather than ‘buy the dip’ as the bear market has taken hold during the second quarter.

b. Russia has defaulted on its debt for the first time since 1918 as sanctions have prevented the country making payments.

c. A shortage in U.S. oil refining capacity is maintaining the upward pressure in fuel prices despite the oil price falling from recent highs.

outlook oil & gas by REACH operations still looks encouraging and potential

billionman

828 posts

Posted by billionman > 2022-07-08 12:34 | Report Abuse



While other parts of the world witnessed rising on inflation and fear of recession in the horizon, tight supply in crude oil outweighs those fears. Brent oil futures ended higher last Friday at USD 111.

JP Morgan cautioned crude oil may skyrocket to USD190 amid G7 intend to pose price cap on Russian oil if Russia choose to retaliate to cut off crude oil supply to the G7. Worst case scenario, crude oil may rise as high as USD380 per barrel.

While in Malaysia, inflation remains low and unemployment rate dipped further. BNM is expected to raise OPR another 25 basis point this month and in August.

billionman

828 posts

Posted by billionman > 2022-07-08 12:41 | Report Abuse

Apologise for the statement fair value RM1.89..it must be last time years back .. pls be corrected as below.

Updated
Latest fair value for REACH
Below Fair Value: REACH (MYR0.04) is trading below our estimate of fair value (MYR1.19)


Citadel123

352 posts

Posted by Citadel123 > 2022-07-08 12:45 | Report Abuse

haha fair value rm 1.19 now discount 95 percent u all also duwan sailang meh?????

Citadel123

352 posts

Posted by Citadel123 > 2022-07-08 12:49 | Report Abuse

ya lor, now 0.04 what u all waiting for,sell house sell property all in la

billionman

828 posts

Posted by billionman > 2022-07-08 14:58 | Report Abuse

look in simply wall analysis

billionman

828 posts

Posted by billionman > 2022-07-08 15:06 | Report Abuse

trading on own decisions..... we share info....and analyse together for our good but decision are yours......

BILLC

2,030 posts

Posted by BILLC > 2022-07-08 15:43 | Report Abuse

Sharing information and sinkalan are quite synonym,,,,

Many just can’t see the difference,,,,. Wakakaka,,,,

mystery

489 posts

Posted by mystery > 2022-07-08 16:53 | Report Abuse

Close 0.035, till to date, no announcement that substantial shareholder Emerged, so the correct announcement MTD 10% shares are disposed in open market?

billionman

828 posts

Posted by billionman > 2022-07-08 16:53 | Report Abuse

hahahaha correct bill smart guy..

1.however the debtor has become a major shareholder at 0.20 cents. If this value is not worth it, will it buy ??
Just hold it haha but i add more thinking about it.

2. opportunities big shareholders may acquire the remaining stocks because they re already 50% and the second is that there is no need to pay interest every quarter......

3.SRL on the other hand willing to fork inject giv loan fund some more to REACH for operating exp.......hahaa its sounds interesting and positive..rite

billionman

828 posts

Posted by billionman > 2022-07-08 16:58 | Report Abuse

hahaha good time to enter..try get 0.035 seee the Q. Nobody will throw..shark luring bilis to throw...they collect..hahhaaa

Citadel123

352 posts

Posted by Citadel123 > 2022-07-08 16:59 | Report Abuse

hahaha ya keh???

billionman

828 posts

Posted by billionman > 2022-07-08 17:01 | Report Abuse

see transaction 375 to 378....... timing 4:50:00 - 4:54:51...t shark pushing down 0.035...hahahahaha see

billionman

828 posts

Posted by billionman > 2022-07-08 17:02 | Report Abuse

see mondAY HOW.....

Citadel123

352 posts

Posted by Citadel123 > 2022-07-08 17:05 | Report Abuse

???

billionman

828 posts

Posted by billionman > 2022-07-08 17:46 | Report Abuse

Kazakhstan holds three percent of the world’s total oil reserves and it is the third-largest oil producer in the Caspian region, after Russia and Iran, but has a lack of direct access to the sea.

Novorossiysk on the Black Sea is the main route to export oil from the world's largest landlocked country, which accounts for about 90% of the terminal's total crude exports.

https://caspiannews.com/news-detail/russian-court-suspends-caspian-pipeline-consortium-operations-used-by-kazakhstan-2022-7-8-0/

billionman

828 posts

Posted by billionman > 2022-07-09 06:54 | Report Abuse

nta 0.37

billionman

828 posts

Posted by billionman > 2022-07-09 06:55 | Report Abuse

good time for accumulation....

billionman

828 posts

Posted by billionman > 2022-07-09 06:57 | Report Abuse

with the chinese , india and jpn demand for oil.... pipeline transportation quicken the export... global economy opeiing up....

billionman

828 posts

Posted by billionman > 2022-07-10 15:34 | Report Abuse

quiet day

billionman

828 posts

Posted by billionman > 2022-07-10 15:35 | Report Abuse

Kaz political standing is improving...hope Reac doing fine

billionman

828 posts

Posted by billionman > 2022-07-11 21:23 | Report Abuse

Tomorrow Reach...time wake up

mystery

489 posts

Posted by mystery > 2022-07-12 10:15 | Report Abuse

Till to date, still no announcement on the new substantial shareholder? MTD disposed in open market kah?

adikkici

826 posts

Posted by adikkici > 2022-07-12 14:10 | Report Abuse

No signal...next month maybe

mystery

489 posts

Posted by mystery > 2022-07-12 16:54 | Report Abuse

No signal mean MTD disposed in open market? not direct business transactions

billionman

828 posts

Posted by billionman > 2022-07-12 17:55 | Report Abuse

..After Proposed Debt Settlement
Direct Indirect
No. of Shares
(‘000)
% No. of Shares
(‘000)
%
Reach Energy Holdings Sdn Bhd 127,800 6.00 - -
MTD Capital Bhd 114,596 5.38 - -
Ir. Shahul Hamid Bin Mohd Ismail 981 0.05 127,800(i) 6.00
Tan Sri Dr. Azmil Khalili Bin Dato’
Khalid
56,643 2.66 43,150(ii) 2.03
Puan Sri Nik Fuziah Binti Tan Sri
Dr. Nik Hussein
40,000 1.88 59,793(iii) 2.81
Super Racer Limited(iv) 1,032,544 48.50 - -
Mr. Cheung(v) - - 1,032,544 48.50
Notes:
(i) Deemed interested through his direct interests of Reach Energy Holdings Sdn Bhd.
(ii) Deemed interested through his spouse, Puan Sri Nik Fuziah Binti Tan Sri Dr. Nik Hussein and
her direct interests of Azimah Properties Sdn Bhd.
(iii) Deemed interested through her spouse, Tan Sri Dr. Azmil Khalili Bin Dato’ Khalid and her direct
interests of Azimah Properties Sdn Bhd.
(iv) Super Racer Limited will emerge as a substantial shareholder of REB upon com

billionman

828 posts

Posted by billionman > 2022-07-12 18:24 | Report Abuse

meaning SRL already acquired new issuance of Reach shares

adikkici

826 posts

Posted by adikkici > 2022-07-12 20:31 | Report Abuse

If can buy 0.04, why want to buy 0.2?? Haiyaa

citadel888

532 posts

Posted by citadel888 > 2022-07-13 09:10 | Report Abuse

hahaha 0.03 now. supporters mana????

mystery

489 posts

Posted by mystery > 2022-07-13 09:13 | Report Abuse

0.03-0.035, those supporters?

651158

2,381 posts

Posted by 651158 > 2022-07-13 09:41 | Report Abuse

0.025 is coming lo

651158

2,381 posts

Posted by 651158 > 2022-07-13 09:42 | Report Abuse

Faster run lo

mystery

489 posts

Posted by mystery > 2022-07-13 09:48 | Report Abuse

run those ppl very bad, ask ppl to catch

billionman

828 posts

Posted by billionman > 2022-07-13 10:21 | Report Abuse

NTA Reach 0.37 . Anticipated it might down is .03-.035..sideways likely

citadel888

532 posts

Posted by citadel888 > 2022-07-13 10:22 | Report Abuse

talk talk talk ,only good at talk

bulldog

12,157 posts

Posted by bulldog > 2022-07-13 10:26 | Report Abuse

Accumulation in progress


Huat chaiii

citadel888

532 posts

Posted by citadel888 > 2022-07-13 10:28 |

Post removed.Why?

Posted by newbie_2016 > 2022-07-13 10:47 | Report Abuse

why going down @Billionman?

Posted by Dennis8888 > 2022-07-13 11:02 | Report Abuse

later 0.020

adikkici

826 posts

Posted by adikkici > 2022-07-13 11:18 | Report Abuse

Ini game cup and handle.

mystery

489 posts

Posted by mystery > 2022-07-13 11:24 | Report Abuse

Who said MTD is DBT? Up to now, no substantial shareholder emerged...

citadel888

532 posts

Posted by citadel888 > 2022-07-13 11:33 |

Post removed.Why?

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