REACH ENERGY BHD

KLSE (MYR): REACH (5256)

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Last Price

0.035

Today's Change

-0.005 (12.50%)

Day's Change

0.035 - 0.035

Trading Volume

953,000

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Ann. Date Ex Date Type Subject Amount
Discussions
9 people like this. Showing 50 of 19,047 comments

billionman

if u read this...it helps to see the potential
https://eurodialogue.org/Will-Kazakhstan-oil-reach-Europe

1 month ago

billionman

Kazakhstan is is well known as the oil-rich country’s ........yet to be tapped.. REACH is lucky the only Malaysian oil&Gas company to operate here.......

1 month ago

billionman

The field O&G whose ultimate development price tag is estimated at more than $20 billion, lies in the shallows of the northern Caspian Sea. If gas reinjection is successfully implemented, it is expected to yield between 9-13 billion barrels of sweet, light crude, making it one of the world's top six deposits and the colossus of the Caspian region.

Kazakhstan is sparsely populated country--the size of Western Europe--in 2015 exporting 3 million bpd by. This is more than Russia exports today at that time and would place Kazakhstan among the world's top six exporters years to come.

1 month ago

cK1973

Goreng counter is like that ma....
No worries.....
Anak sudah hangus tapi ada ibu lagi ma....
Lets start the ball rolling....

1 month ago

billionman

anak sudah buried.......gone

1 month ago

billionman

oil market appreciating...good outlook

1 month ago

billionman

REACH will follow suit....hahahahaha

1 month ago

billionman

..High Oil Prices Spark A New Wave Of Exploration

By Alex Kimani - Jul 26, 2022, 7:00 PM CDT

Oil companies are reaping the benefits of high energy prices. 

Indebted American oil and gas companies, armed with improved balance sheets, are finally drilling again.

Oilfield services companies are among the biggest winners as demand soars on a favorable mix of exploration and offshore activity.

1 month ago

cK1973

Still strong this counter and holding at 4.
Well, i m still waiting at 1
Goreng counter ma

1 month ago

cK1973

aiyoyo, orang semua naik, u hibernate lagi ka ....
alamak....

1 month ago

newbie_2016

@cK1973 hibernate coz nobody want to goreng Reach lah imho. How ah @Billionman???? Kepish??

1 month ago

billionman

waiting for dilution 1. conversion d 2. 1032 mil new issuance shares SRL still no news..timing ........

1 month ago

billionman

if lucky it will hit 1-2 cents or in the range 2-3 cents the baseline..may be....... hahaha..sharks too watching and eyeing with interest.. oil demand and pricing is going to be pivotal up trending.....

1 month ago

billionman

look in bskl where can you find O&G stock worth below .10 cents....

1 month ago

newbie_2016

think share price oledy incorporate dilution ma

1 month ago

billionman

wait till 15 aug.......

1 month ago

billionman

or 5 aug ..conversion time frame....

1 month ago

billionman

Gann Support: 0.04/0.03 | Resistance: 0.05/0.06

1 month ago

cK1973

Hujan . U tidur lagi ka…
Bangun laaaaa

1 month ago

cK1973

Kesian dia…. 5c pun tak boleh lepas

1 month ago

billionman

waiting

1 month ago

newbie_2016

waiting for ever... hehehehe

1 month ago

Understand

Gone case

1 month ago

newbie_2016

@Understand Mr @Billionman thinks otherwise??? hmmmm ... what are we missing??

1 month ago

cK1973

Mau jatuh, jatuh betul betul sampai bottom ma,
Mau naik, naik betul betul ma,
tiap tiap hari tidur......

1 month ago

newbie_2016

gone case lor

1 month ago

Understand

Close shop.

1 month ago

newbie_2016

inching up?

1 month ago

billionman

being away cruising in Medittrreanean

1 month ago

newbie_2016

@Billionman... ex-date come and go oledy...

1 month ago

billionman

yeeah.... Reach never reach its destiny....how come.. NOSH still 1092 millions...nothing much of said introducibg new shares as previouslu annkuncenebts

1 month ago

billionman

previously announced@

1 month ago

billionman

NOSH still 1096 millns shares..correction

1 month ago

newbie_2016

The new Honkie shareholder bought the new shared at 20 sen lah... he must know something??

1 month ago

billionman

true...what happens then sleep

1 month ago

billionman

..Reach Energy Bhd (REB) has proposed to issue 1.03bn new ordinary shares at an issue price of 20.0 sen per share to undertake a debt settlement exercise involving RM206.5m owed to Super Racer Limited (SRL). At the same time, SRL and Cheung Siu Fai, acting in concert with SRL, intend to seek an exemption from the Securities Commission Malaysia from the obligation to undertake a mandatory take-over offer for the remaining REB shares and the outstanding warrants issued by REB expiring on 15th Aug 2022 on completion of the proposed debt settlement. The proposals are expected to be completed by 2H22. (The Star)

1 month ago

billionman

now pass 15 aug...22....nothing moves..

1 month ago

billionman

no news

1 month ago

Habiskau

WTF ..this quarter still red ?

1 month ago

Leoleo

they will make the QR look bad so that you all will approve the share sell agreement .

1 month ago

Leoleo

it said oil sold at price lower than last year same quarter , hahaha

1 month ago

Leoleo

last year 2021 june , brent price at 50 usd ??

1 month ago

Habiskau

yup ..selling price lower than last year same quarter ..who believe ?

1 month ago

Leoleo

go report police and SC

1 month ago

TheContrarian

Domestic selling price is very low, I think around USD20. War in Ukraine probably shut off the export routes.

1 month ago

Leoleo

may be they want to let the HK boss take over Reach for 1 RM . next Q bad result, lose 30 M

1 month ago

melkeng888

if so they just bought it from market and delist it.

1 month ago

newbie_2016

@Billionman... kepish?

3 weeks ago

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