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

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.

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)

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?????

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

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

look in simply wall analysis

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......

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,,,,

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?

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

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

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

hahaha ya keh???

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

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

see mondAY HOW.....

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

???

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/

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

nta 0.37

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

good time for accumulation....

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....

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

quiet day

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

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

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

Tomorrow Reach...time wake up

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?

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

No signal...next month maybe

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

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

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

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

meaning SRL already acquired new issuance of Reach shares

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

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

Posted by melkeng888 > 2022-07-13 02:13 | Report Abuse

https://www.klsescreener.com/v2/news/view/1016569/will-reach-be-beyond-the-reach-of-management

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

hahaha 0.03 now. supporters mana????

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

0.03-0.035, those supporters?

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

0.025 is coming lo

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

Faster run lo

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

run those ppl very bad, ask ppl to catch

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

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

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

talk talk talk ,only good at talk

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

Accumulation in progress


Huat chaiii

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

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

Ini game cup and handle.

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

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

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

Post removed.Why?

Posted by BILLC > 2022-07-13 13:08 | Report Abuse

Supporters all kena slaughtered,,,be headed and roasted,,,,

No way to hide,,,,No way to run,,,, all mati katakkkk,,,,

Posted by 8899EL8899 > 2022-07-13 15:03 | Report Abuse

reach,.......keep going down,.......down to grave yard,........7 feet under,......no way to escape

Posted by billionman > 2022-07-13 16:25 | Report Abuse

likely to south .for a duration time of frame...looking for impetus and SYNERGY....but .Kazaakstan scenario situating developing is much better...from earlier 2022 . Chinese and India demand for oil is huge........Kaz border with china easily can export to china via huge piping sys......that of something to think off strategically for growth.

..Monetary Policy meeting BNM sep OPR another spiked anticipated.....market as a whole chill sideways......but again good bargain for low cheap o&g stocks.......swing not much ......better be cautions looking at the confidence level of our Mal political scenario..but overall o& g still looks promising for good ROI...Trade on own decisions......be mindful of the scène developing ....market is very sensitives to news and rumours.

Posted by billionman > 2022-07-13 16:30 | Report Abuse

T4Q NAPS/ 0.37 cents
P/ NAPS 0.08 cents

* Price/Net Assets Per Share

Posted by billionman > 2022-07-13 16:37 | Report Abuse

mystery

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

5 hours ago
......................................................................

https://www.theedgemarkets.com/article/mtd-capital-disposes-1036-stake...

KUALA LUMPUR (June 27):

1Highway construction group MTD Capital Bhd has ceased to be a substantial sharelder in Reach Engery Bhd, after disposing of a 10.36% stake in the oil and gas company.

2.The stake, comprising 114 million shares, were sold in the open market on June 24, said Reach Energy in a bourse filing.

3.MTD Capital, which was the second largest shareholder of Reach Energy, had emerged as a substantial shareholder in October 2016 after acquiring a 11.68% stake, comprising 117.87 million shares.

Following the disposal, MTD Capital is left with a 0.05% stake or 595,690 shares in Reach Energy.

Posted by citadel888 > 2022-07-13 16:37 | Report Abuse

hahaha billionman still talking how good how good, but sendiri didn't buy

Posted by billionman > 2022-07-13 16:46 | Report Abuse

www.klsescreener.com/v2/announcements/view/3572769
Notice of Person Ceasing (Section 139 of CA 2016) - MTD CAPITAL BHD

1Notice of cessation 24 Jun 2022

2No of securities disposed 114,000,000

3Circumstances by reason of which a person ceases to be a substantial shareholder

4Disposal of shares by via direct business transaction

5Nature of interest Direct Interest

6Date of notice 24 Jun 2022
7Date notice received by Listed Issuer 27 Jun 2022