Posted by billionman > 2022-07-13 16:50 | Report Abuse

Seems to hve 2 versions of statements regards to MTD ways of disposal 114 mil shares REACH

there u are MTD disposal via DBT....

1. i would rather take the statements fm KL screener than the write up in Edge.....

2. its official from the company itself REACH.

Posted by billionman > 2022-07-13 16:54 | Report Abuse

..citadel888

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

13 minutes ago..
.................................................................................................

it a forum rite.
we talk and chat about a stock of how each of us traders perceived .
Trading is own decisions.
Info and data ..we used for our considerations and weighing....

it not NOt a call for buy or sell ...no such things..

we share info......that we tend to miss.....intuition sell and buy own decisions rite..hahahaha

Posted by billionman > 2022-07-13 16:57 | Report Abuse

TA is showing clue ....

Posted by billionman > 2022-07-13 17:01 | Report Abuse

this forum is very positive.. good for exchanging info ....if we start digging into the trail of Reach. .etc utilise it constructively ..for guidance obj having good ROI

TA and FA as further enhancement techniques to consolidate further our decisions......

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

I3 chat is a place for “speaking our trading mind”...we share together..why not for our benefit too rite
we re looking to grasp opportunities actually...to make big .....as traders correct

Posted by billionman > 2022-07-14 10:30 | Report Abuse

so quiet.....frozen

Posted by billionman > 2022-07-14 15:16 | Report Abuse

since quiet.. why not pay visit to Kazakstan.....try horsemeat which has been a staple here since Genghis Khan was boss; they’re farmed for meat and, if you can overcome the guilt, it tastes somewhere between beef and venison.

Posted by billionman > 2022-07-14 15:22 | Report Abuse

To reminisce .......Emir-Oil owns production contracts of four producing oil blocks (Aksaz, Dolinnoe, Kariman and Emir), as well as, an oil and gas exploration contract in Kazakhstan that extends over 850.3 sq km.

REACH said the oilfields would present good returns to the company and shareholders considering they were still in the early phase of their life cycle.

On the ease of doing business in Kazakhstan, Kazakh government provided a good ecosystem for foreign companies and it was eager to welcome more Malaysian companies into the country.

This sounds encouraging

Posted by billionman > 2022-07-14 17:09 | Report Abuse

Facts.
http://reachenergy.com.my/about_kazakhstan.html

12th largest oil reserves in the world (Malaysia is 26th)
30 billion bbl of proven crude oil reserves (vs. 3.75 billion bbl for Malaysia)
Go-to country for oil & gas industry majors
The super-giant Kashagan field, containing 11bn bbl of reserves, commenced production in October 2016

Posted by billionman > 2022-07-14 17:11 | Report Abuse

This is interesting
not promoting but sharing the info ..Trade own decisions.........

Posted by TheContrarian > 2022-07-15 12:30 | Report Abuse

Bought at 3.5 sen.

Posted by newbie_2016 > 2022-07-15 12:37 | Report Abuse

@TheContrarian whats happening with Reach?

Posted by billionman > 2022-07-15 17:43 | Report Abuse

end 2022 production bopd will start to increase.
peaking in 2023-2024 bopd.......( barrel oil per day)

Posted by billionman > 2022-07-15 17:48 | Report Abuse

http://reachenergy.listedcompany.com/annual_financials.html

look at Financial state REACH

Posted by billionman > 2022-07-15 17:57 | Report Abuse

Lets share info....i am very interested in REACH cos of it potential...
Its not BUY or SELL l call but we grow together.....taking advantage of the current low price...

i will share what ever i can found be transparent... but trading on own decision

What is the lifespan of the production oilfield?
Emir-Oil Concession Block has 4 production licenses until 2036. However, we aim to
extend this lifespan further by upgrading our significant resources into reserves by
obtaining additional Commercial Production licenses. This is observed in our efforts to
convert the North Kariman and Yessen fields from Development fields into Production
fields

Posted by TheContrarian > 2022-07-15 20:29 | Report Abuse

@newbie_2016, I have been saying Reach presently has very weak major shareholders who can't support price. Cheap to buy now.

Posted by newbie_2016 > 2022-07-16 13:42 | Report Abuse

but I tot the new hongkie shareholder is a the new majority who should drive Reach to grater heights, no? MTD was crappy lah I agree

Posted by melkeng888 > 2022-07-16 17:33 | Report Abuse

he not yet major shareholder, egm also not yet held to approve the earlier proposal.

Posted by billionman > 2022-07-16 19:38 | Report Abuse

yeeah

Posted by billionman > 2022-07-16 19:40 | Report Abuse

keep on surveillance and update ....Reach is very focus in her niche exploration and production of oil gas....huge potential i do believe that

Posted by newbie_2016 > 2022-07-17 10:56 | Report Abuse

@billionman shounds like a promoter lol

Posted by billionman > 2022-07-18 22:05 | Report Abuse

PIVOT POINT
..............S2 .......S1 ........P ......R1 ........R2
Daily 0.025 0.035 0.035 0.045 0.045
Weekly 0.025 0.035 0.035 0.045 0.045

Posted by billionman > 2022-07-19 13:30 | Report Abuse

quiet

Posted by newbie_2016 > 2022-07-20 09:26 | Report Abuse

kepish @billionman??

Posted by melkeng888 > 2022-07-20 18:49 | Report Abuse

kaput......

Posted by newbie_2016 > 2022-07-20 21:41 | Report Abuse

can close shop oledy

Posted by billionman > 2022-07-21 11:51 | Report Abuse

why close shop.....? oil still aplenty in Kazakhstan waiting to be tapped......2022 end and 2023 to 2024...oil production is up trending with more oil wells found and in operation

Posted by billionman > 2022-07-21 11:51 | Report Abuse

it s going to better than Hibiscus and at par to Dialog

Posted by billionman > 2022-07-21 11:53 | Report Abuse

for 1 mil shares now cost u RM 40 k in 1 year let say appreciation to TP 1.00....... u re already a millionaire hahahaha

Posted by newbie_2016 > 2022-07-21 13:18 | Report Abuse

wahhh.. really? why it's 3.5 sen currently? oil underground is not so useful unless you turn on the tap and get lots of $$$

Posted by harvest6138 > 2022-07-21 17:01 | Report Abuse

Reach need to improve the efficiency as current output is low .. hope their turn around plan can work (gas injection ) and increase the output significantly ..

Posted by newbie_2016 > 2022-07-21 17:31 | Report Abuse

@harvest6138 why need to inject gas to push the oil out? not enough natural pressure?

Posted by harvest6138 > 2022-07-22 08:44 | Report Abuse

https://www.energy.gov/fecm/science-innovation/oil-gas-research/enhanced-oil-recovery#:~:text=Gas%20injection%2C%20which%20uses%20gases,and%20improves%20its%20flow%20rate.

Posted by harvest6138 > 2022-07-22 08:47 | Report Abuse

you can see from above link , the gas injection is to improve the pressure and yield better output ... I believe Reach is using water injection method now and the result is not good hence need to resort to new method ..

Posted by billionman > 2022-07-22 16:14 | Report Abuse

harvest u rite...

Posted by billionman > 2022-07-24 11:01 | Report Abuse

weekend so quiet

Posted by billionman > 2022-07-25 09:51 | Report Abuse

27/7/22 last day traded for wRRANT 27/7 /22 500PM

28/7/22 .Reach warrants will be suspended 28 july 22 Thursday

12/8/22 Ex period for the warrant holders to exercise rights of the warrants will expire on Friday 12/8/22 at 5 pm (expiry date). AFTER WHICH WILL BE VOID and cease validity

15/8/22..warrant will be officialy removed fm official listing bskl

Posted by billionman > 2022-07-25 09:52 | Report Abuse

this is holding the price..since conversion and dilution will take place plus the 1032 nil new shares to SRL earlier entering the market....... Timely announcement..........

Posted by billionman > 2022-07-25 09:58 | Report Abuse

REACH -WA 5256 WA

Listing Date 15-Aug-2014

Maturity Date 12-Aug-2022

Issue Size 1,277,822,225

Exercise Price MYR 0.75

Ratio 1:1

Posted by billionman > 2022-07-25 10:00 | Report Abuse

Be mindful.....arioss

Posted by billionman > 2022-07-25 23:37 | Report Abuse

kazkstan is quite a good place hving potential for more lucrative oil & gas for a Malaysian company to venture and profiteering

put $35k capital now for 1 mil shares at . 035 cents o..next year u wake up at least 1/2 millionaire if not millionaire hahaa

Posted by billionman > 2022-07-26 16:55 | Report Abuse

quiet tyesday

Posted by melkeng888 > 2022-07-26 19:18 | Report Abuse

now become sleepy ugly. no more volume. long sleep.....mati.

Posted by billionman > 2022-07-27 15:48 | Report Abuse

wait 12/8..ex dateline..for warrant

Posted by billionman > 2022-07-27 16:50 | Report Abuse

closing with strong support...

Posted by melkeng888 > 2022-07-27 18:22 | Report Abuse

no strong goreng boss behind, just one day show. show 1 day sleep 10 days....

Posted by billionman > 2022-07-28 10:01 | Report Abuse

1 day ative..10 days sleeep....long rest

Posted by billionman > 2022-07-28 10:03 | Report Abuse

the price will slightly up before 6 aug..conversion period push up a bit.......at parent unit price.....

Posted by billionman > 2022-07-28 10:05 | Report Abuse

warrant conversion 1.27 bill shares (entering market 6 aug) + new issuance 1032 bil shares to SRL (not yet entering market)....??????up.. and dilution..sure likely to take place

Posted by billionman > 2022-07-28 10:06 | Report Abuse

Kazakhstan oil waiting hahahahah