REACH ENERGY BHD

KLSE (MYR): REACH (5256)

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Last Price

0.065

Today's Change

-0.005 (7.14%)

Day's Change

0.065 - 0.07

Trading Volume

8,643,400

Financial

T4Q

31-Mar-2021

2020

31-Mar-2021

2019

31-Mar-2021

2018

31-Mar-2021

2017

31-Mar-2021

Cash from operating activities

238

-1.64%

1000

+11.55%

110

+81.66%

900

-13.16%

600

+235.36%

Cash from operating activities

238

-1.64%

1000

+11.55%

110

+81.66%

900

-13.16%

600

+235.36%

Cash from operating activities

238

-1.64%

1000

+11.55%

110

+81.66%

900

-13.16%

600

+235.36%

Cash from operating activities

238

-1.64%

1000

+11.55%

110

+81.66%

900

-13.16%

600

+235.36%

Cash from operating activities

238

-1.64%

1000

+11.55%

110

+81.66%

900

-13.16%

600

+235.36%

Cash from operating activities

238

-1.64%

1000

+11.55%

110

+81.66%

900

-13.16%

600

+235.36%

Cash from operating activities

238

-1.64%

1000

+11.55%

110

+81.66%

900

-13.16%

600

+235.36%

Cash from operating activities

238

-1.64%

1000

+11.55%

110

+81.66%

900

-13.16%

600

+235.36%

Cash from operating activities

238

-1.64%

1000

+11.55%

110

+81.66%

900

-13.16%

600

+235.36%

Cash from operating activities

238

-1.64%

1000

+11.55%

110

+81.66%

900

-13.16%

600

+235.36%

Cash from operating activities

238

-1.64%

1000

+11.55%

110

+81.66%

900

-13.16%

600

+235.36%

Cash from operating activities

238

-1.64%

1000

+11.55%

110

+81.66%

900

-13.16%

600

+235.36%

Cash from operating activities

238

-1.64%

1000

+11.55%

110

+81.66%

900

-13.16%

600

+235.36%

Cash from operating activities

238

-1.64%

1000

+11.55%

110

+81.66%

900

-13.16%

600

+235.36%

Cash from operating activities

238

-1.64%

1000

+11.55%

110

+81.66%

900

-13.16%

600

+235.36%

Discussions
9 people like this. Showing 50 of 19,195 comments

newbie_2016

@hoot9e996 Malaysia BOLEH you said it!! heheheh

4 weeks ago

hoot9e996

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

4 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

arcadicus

https://www.klsescreener.com/v2/news/view/1121157

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.

2 weeks ago

newbie_2016

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

1 week ago

triplex3mob

sleepy week incoming

3 days ago

8ackwoods

Vroom vroom !

2 days ago

TheContrarian

New controlling shareholder, Reach now foreign owned.

2 days ago

izoklse

TheContrarian who is the new shareholder ?

2 days ago

jasontan1177

chinaman style, pp share till 5 B, the whole comp will eventually belong to this HK guys.
look at Fitters , new boss came in , total share at 600 700m now is 2.48 B.
the same will happen to Reach

1 day ago

TheContrarian

It's not private placement, it's debt conversion.

1 day ago

jasontan1177

mark my words la, the CEO already said comp will raise more fund. PP at 20 cents ??? or at 3 cents ?
from now on will keep pp to get money for working capital

1 day ago

jasontan1177

this 638m deal is a joke.

https://www.theedgemarkets.com/article/reach-energy-buys-kazakhstan-oilfield-stake-rm638m

1 day ago

kk7198

Report to MACC

1 day ago

TheContrarian

Vroommmmmmmmm

1 day ago

newtrix

Vroom Vroommmm

19 hours ago

Nickhii90

wao...

19 hours ago

hoot9e996

.... should have chased this morning.....

19 hours ago

LOOK009

Reach Energy: Completes debt settlement exercise, to see Super Racer emerge as major shareholder. Hong Kong-based Super Racer Ltd (SRL) is to emerge as the new major shareholder of Reach Energy with a 48.5% stake after the oil and gas (O&G) exploration and production (E&P) company completed its debt settlement exercise. This came after the listing of 1.03bn shares in Reach Energy slated for SRL at 20 sen apiece, as part of the company’s debt settlement exercise to settle RM206.51m or 76% of the debt it owes to SRL. (The Edge)

19 hours ago

TheContrarian

Go, go, go Reach.

19 hours ago

hoot9e996

new shareholder debt settlement 1b shares at 20c long way to go man.
goreng up to 20c? or 10c+ then issue more shares?

19 hours ago

mystery

Goreng up to 20c x 3 = 0.60 can?

19 hours ago

Nickhii90

change boss then shares up?

19 hours ago

newbie_2016

iyoo... no wonder cannot get 4 - 4.5 sen these couple of days... deng

19 hours ago

pang72

What is up on gorek oil?
Issue share 20c a piece but share price at 7c?
I don't understand, unless Reach worth 20c by new boss, Hongkie leh

19 hours ago

newbie_2016

@TheContrarian... just to pick your brain.. if the Hongkie shareholder cost is 20 sen... his profit how much? if say 50%, then mathematically his target price is 30 sen or above no??? What do you think sifu?

19 hours ago

TheContrarian

Reach assets are the oil fields in Kazakhstan. The oil is there, just need to pump it out.

19 hours ago

pang72

Ya lo... He bought 20c.
So, he saw the future of Reach to be >20c logically speaking

19 hours ago

newbie_2016

thanks for confirming my understanding... makes sense now... no wonder price is going up today once Honkie shareholder's thru the door

19 hours ago

TheContrarian

Reach going to make some of us rich.

18 hours ago

newbie_2016

Amen to that!! I remember you said your entry cost 3-4 sen... well played sir!!

18 hours ago

jasontan1177

Reach getting 20 m loan again to fund working capital....later get another 20m again and again till owning the HK guys 100m to 200m again.
aiyo by that time debt settlement issue share at 5 cents for 4 billions shares ?

2 hours ago

yiqqre

I heard that it will skyrocket in the afternoon.

2 hours ago

Nickhii90

fasten your seat belt

2 hours ago

Joel Jebaraj

The beginning or the end? Lets wait to see the outcome of this

2 hours ago

JuliusCeasar

Agree this afternoon could be skyrocket!

1 minute ago

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