REACH ENERGY BHD

KLSE (MYR): REACH (5256)

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Last Price

0.05

Today's Change

+0.005 (11.11%)

Day's Change

0.045 - 0.05

Trading Volume

2,183,300

Company Announcement


Date Subject
Discussions
9 people like this. Showing 50 of 19,168 comments

electrifyworld

Slowing going up .... going to keep an eye on REACH

1 month ago

afata08

Future disruption to global oil supply, Will lead to higher price on oil and do so on Reach shere price definitely..

1 month ago

newbie_2016

pretty flat so far !!! @afata08

1 month ago

TheContrarian

New controlling shareholder coming in this month or next month.

1 month ago

newbie_2016

Good news I assume @TheContrarian??

1 month ago

electrifyworld

finally good news is here.... going to keep an eye on reach this few weeks

1 month ago

newbie_2016

what good news @electrifyworld?

1 month ago

Bull13

New substantial shareholder now control about 42% of the company. Something boiling…

1 month ago

newbie_2016

cooking some thing? or boiling water to get steam?? ;)

1 month ago

electrifyworld

Hehehe, you will find out pretty soon,,,

4 weeks ago

newbie_2016

waaaaahhhh.. you sounded so pleased @electrifyworld!!

4 weeks ago

newbie_2016

wow what did i miss??

4 weeks ago

arcadicus

When QR out?

3 weeks ago

arcadicus

Why not trading ah?

3 weeks ago

TheContrarian

Last round of huge impairment and interest payable before new shareholder comes in later this month.

3 weeks ago

hoot9e996

gone lah, pn17 coming... typical malaysian stock

3 weeks ago

mystery

So lousy counter, ppl all run away

3 weeks ago

hoot9e996

this 1 those didnt wake up this morning all die.
8:30 am QR out, trading open at 10am .... 1hr 30minutes those no time see all BURNT

3 weeks ago

TheContrarian

No PN17, new shareholder coming in converting shareholder's loans into new shares at issue price of 20 sen which will increase the NTA to around 15 sen.

3 weeks ago

newbie_2016

@electrifyworld.... only steam...lotsa ppl got burnt... haiyaa

3 weeks ago

hoot9e996

but who knows if the agreement will go through or not....

3 weeks ago

newbie_2016

@TheContrarian... still optimistic? Any thoughts on today's Quarterly annoucement?

3 weeks ago

hoot9e996

malaysia apa pun BOLEH

3 weeks ago

newbie_2016

@hoot9e996 not owned by Malaysian anymore... now Honkie new major shareholder who bought-in at 20 sen...

3 weeks ago

TheContrarian

@newbie_2016, latest QR last round of huge impairment write off and huge interest payable on shareholder's loans before new controlling shareholder comes in. Subsequent QRs shouldn't be burdened by these anymore.

3 weeks ago

Orson Chin

Will goreng soon …. Bought 0.45 abit today

3 weeks ago

hoot9e996

wow no volume at all this morning

3 weeks ago

newbie_2016

@hoot9e996 Malaysia BOLEH you said it!! heheheh

3 weeks ago

hoot9e996

blood bath first day, 2nd day no more bleeding.... very SUS hahaha

3 weeks ago

newbie_2016

knee jerk reaction.. should have collected more at 4 sen haiyaaa

3 weeks ago

TheContrarian

I believe all the bad news is over. Let's wait for new controlling shareholder to come in this month.

3 weeks ago

newbie_2016

fingers crossed @TheContrarian... must say i am amazed at your optimism!!!

3 weeks ago

TheContrarian

Forum here is quiet which is a very good sign.

3 weeks ago

newbie_2016

punters got burnt you reckon @TheContrarian?? :)

3 weeks ago

TheContrarian

I think they got burnt earlier and hasn't returned. Eventually when price spikes up on huge volume they will return.

3 weeks ago

triplex3mob

quiet is good, we can collect more .....

3 weeks ago

8ackwoods

Macam got potential to rise

3 weeks ago

newbie_2016

@Backwoods welcome!! New to Reach?

3 weeks ago

triplex3mob

waiting 0.04

2 weeks ago

8ackwoods

Huge wall at 0.045 tho, maybe if market goes south again then is 0.04 chance

2 weeks ago

davidkkw79

I have a feeling on it soon will falling into PN17... cause losses has even more than its market capital size.

2 weeks ago

newbie_2016

@davidkkw79 I think the new shareholder coming in will adjust the balancesheet (liability converted to shares)... liquidity ratio improves (see announcement)..

2 weeks ago

newbie_2016

@TheContrarian correct right my analysis??

2 weeks ago

TheContrarian

@newbie_2016, you are correct.

1 week ago

newbie_2016

Thanks @TheContrarian!! Let's see next Q how they are doing...

1 week ago

triplex3mob

sleepy week incoming

1 day ago

8ackwoods

Vroom vroom !

1 hour ago

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