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
312,000
Financial
Market Cap
75 Million
NOSH
2,129 Million
Latest Quarter
30-Sep-2023 [#3]
Announcement Date
30-Nov-2023
Next Quarter
31-Dec-2023
Est. Ann. Date
28-Feb-2024
Est. Ann. Due Date
29-Feb-2024
QoQ | YoY
-79.67% | -60.79%
Revenue | NP to SH
220,092.000 | -226,351.000
RPS | P/RPS
10.34 Cent | 0.34
EPS | P/E | EY
-10.63 Cent | -0.33 | -303.77%
DPS | DY | Payout %
0.00 Cent | 0.00% | 0.00%
NAPS | P/NAPS
0.21 | 0.17
QoQ | YoY
-4.76% | -334.44%
NP Margin | ROE
-166.57% | -50.63%
F.Y. | Ann. Date
30-Sep-2023 | 30-Nov-2023
Latest Audited Result
31-Dec-2022
Announcement Date
25-May-2023
Next Audited Result
31-Dec-2023
Est. Ann. Date
25-May-2024
Est. Ann. Due Date
28-Jun-2024
Revenue | NP to SH
169,460.000 | -227,649.000
RPS | P/RPS
7.96 Cent | 0.44
EPS | P/E | EY
-10.69 Cent | -0.33 | -305.51%
DPS | DY | Payout %
0.00 Cent | 0.00% | 0.00%
NAPS | P/NAPS
0.05 | 0.68
YoY
-328.65%
NP Margin | ROE
-211.35% | -207.63%
F.Y. | Ann. Date
31-Dec-2022 | 28-Feb-2023
Revenue | NP to SH
219,709.333 | 16,768.000
RPS | P/RPS
10.32 Cent | 0.34
EPS | P/E | EY
0.01 Cent | 4.44 | 22.50%
DPS | DY | Payout %
-
NAPS | P/NAPS
-
QoQ | YoY
41.12% | 11.54%
NP Margin | ROE
-5.25% | 3.75%
F.Y. | Ann. Date
30-Sep-2023 | 30-Nov-2023
Hints :
Click the QoQ or YoY on table to view the QoQ or YoY Financial Result page.
Click the QoQ or YoY on table to view the QoQ or YoY Financial Result page.
Date
Financial Result
Financial Ratio
Per Share Item
Performance
Valuation (End of Quarter)
Valuation (Ann. Date)
| Date | Financial Result | Financial Ratio | Per Share Item | Performance | Valuation (End of Quarter) | Valuation (Ann. Date) | |||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| F.Y. | Ann. Date | Quarter | # | Revenue | PBT | NP | NP to SH | Div | Net Worth | Div Payout % | NP Margin | ROE | NOSH | RPS | Adj. RPS | EPS | Adj. EPS | DPS | Adj. DPS | NAPS | Adj. NAPS | QoQ | YoY | EOQ Date | EOQ Price | EOQ P/RPS | EOQ P/EPS | EOQ P/NAPS | EOQ EY | EOQ DY | ANN Date | ANN Price | ANN P/RPS | ANN P/EPS | ANN P/NAPS | ANN EY | ANN DY |
PBT = Profit before Tax, NP = Net Profit, NP to SH = Net Profit Attributable to Shareholder, Div = Dividend, NP Margin = Net Profit Margin, ROE = Return on Equity, NOSH = Number of Shares, RPS = Revenue per Share, EPS = Earning Per Share, DPS = Dividend Per Share, NAPS = Net Asset Per Share, EOQ = End of Quarter, ANN = Announcement, P/RPS = Price/Revenue per Share, P/EPS = Price/Earning per Share, P/NAPS = Price/Net Asset per Share, EY = Earning Yield, DY = Dividend Yield.
NOSH is estimated based on the NP to SH and EPS. Div is an estimated figure based on the DPS and NOSH. Net Worth is an estimated figure based on the NAPS and NOSH.
Div Payout %, NP Margin, ROE, DY, QoQ ⃤ & YoY ⃤ figures in Percentage; RPS, EPS & DPS's figures in Cent; and NAPS's figures in Dollar.
All figures in '000 unless specified.
Discussions
9 people like this. Showing 50 of 19,220 comments
Then will automatic turbo charge one
(Coming season of The Greatest Show in Bursa kah?........hehe)
2023-09-06 19:52
@TheContrarian i read i their report that Reach is selling at way lower than market Brent price due to the Ukraine War... their oil got tagged as Russian and with sanctions from the west and no alternative routes to offload, revenue is apparently affected
2023-09-07 08:54
@newbie_2016, correct, that's why earnings low but they will find a way to distinguish their oil from Russia oil. Western Europe is desperate for oil.
2023-09-07 09:07
The G7 Has No Immediate Plans To Review Its Russian Oil Price Cap
The price of Russia’s flagship crude grade, Urals, averaged $74 per barrel in August, slightly down from August 2022, but way above the G7 price cap of $60 and higher than the July average of $64.37 a barrel, data released by the Russian Finance Ministry showed last week. Between January and August 2023, the average price of Urals was $56.58 per barrel, compared to an average of $82.13 a barrel for the same period of 2022.
https://oilprice.com/Energy/Energy-General/The-G7-Has-No-Immediate-Plans-To-Review-Its-Russian-Oil-Price-Cap.html
2023-09-07 15:40
Saudi Arabia's output cuts will exacerbate tight global supplies, with the oil market expected to face its biggest deficit in over a decade.
According to Bloomberg calculations of the latest data from the Organization of Petroleum Exporting Countries, the amount of oil OPEC is pumping in the third quarter is about 1.8 million barrels per day less than what is needed to meet demand.
By the fourth quarter, that deficit is projected to widen, forcing countries to tap oil stockpiles to cover the shortfall. If OPEC production stays flat, as members have indicated, inventories will shrink by 3.3 million barrels per day, the most since at least 2007, according to Bloomberg.
2 months ago
Going to fly to the moon. Anytime soon the HK shareholder will flex their muscles.
2 months ago
Meanwhile, Brent Crude Oil rocketed above $94.63 a barrel to hit a fresh 2023 record high. Over the last two months, the world’s most traded Oil benchmark has tallied up a stunning gain of over 49% from its 2023 lows of $63.64 a barrel.
And the rally might not stop there!
Oil prices have been in a solid uptrend since Saudi Arabia announced plans to extend its 1 million barrel per day production cut until the end of the year – joined by Russia with its own 300,000 barrel per day output cut.
These cuts are in addition to the 1.66 million barrels per day output reduction other members of OPEC have put in place until the end of 2024.
Elsewhere, catastrophic floods in Libya have forced authorities to close four key Oil ports and shutdown local refineries. A move which as boosted expectations of global supply scarcity – adding further bullish tailwinds to the current energy price boom.
Libya, produces over 1 million barrels of Oil per day and sends around 85% of its exports to Europe. If all that supply in Libya was to remain off the market for an extended period of time – there’s no doubting that could easily send Oil prices soaring well into triple-digit territory.
2 months ago
lol.. @TheContrarian I like your building up the suspense..... like horror movies or Game of Thrones :)
2 months ago
Russia dodges G7 price cap sanctions on most of its oil exports
https://www.ft.com/content/cad37c16-9cbd-473c-aa2f-102c21393d2e?ftcamp=traffic/partner/feed_headline/us_yahoo/auddev
2 months ago
Russia Sells Urals Oil To India At $20 Above The Price Cap
Data from traders and Reuters calculations showed that free on board (FOB) Urals cargoes to load from Russia’s western ports on the Baltic Sea in October were nearly $80 a barrel for Indian refiners as of Thursday.
https://oilprice.com/Latest-Energy-News/World-News/Russia-Sells-Urals-Oil-To-India-At-20-Above-The-Price-Cap.html
2 months ago
Russian Oil Is Trading Closer to $100 Than the G-7 Price Cap
Russia’s flagship Urals grade is trading at $85.35 a barrel from the Baltic port of Primorsk and $86 from the Black Sea port of Novorossiysk.
https://finance.yahoo.com/news/russian-oil-trading-closer-100-103001221.html
2 months ago
What the use of all these news, Reach equipment is not efficient, they are not able to increase production, do you think it’s going to increase their revenue even oil traded above USD100?
2 months ago
and ceo resigned! haiyaaaaa.... @TheContrarian what's up with this company??
2 months ago
2036, the concession to DIG oil expires. So have 13 years to go full swing. To do that must invest lots of money, but company and shareholders have no money. BIG rights issue coming?
2 months ago
No equipments to pump oil can't pump oil enought to make BIG money. No banks lend to O&G asset.
2 months ago
Except for 2016, the company has delivered negative ROE every since despite the high crude oil prices. So will it make money when oil prices comes down?
2 months ago
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
TheContrarian
Sometimes have to wait long.
2023-09-06 19:05