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
2,243,300
Financial
T4Q
31-Mar-2021
2020
31-Mar-2021
2019
31-Mar-2021
2018
31-Mar-2021
2017
31-Mar-2021
Discussions
9 people like this. Showing 50 of 19,170 comments
finally good news is here.... going to keep an eye on reach this few weeks
1 month ago
New substantial shareholder now control about 42% of the company. Something boiling…
1 month ago
Last round of huge impairment and interest payable before new shareholder comes in later this month.
3 weeks ago
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
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
https://www.klsescreener.com/v2/news/view/1084457/reach-energy-shareholders-approve-rm206-51mil-debt-settlement oh no idea why i didnt see that
3 weeks ago
@TheContrarian... still optimistic? Any thoughts on today's Quarterly annoucement?
3 weeks ago
@hoot9e996 not owned by Malaysian anymore... now Honkie new major shareholder who bought-in at 20 sen...
3 weeks ago
@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
I believe all the bad news is over. Let's wait for new controlling shareholder to come in this month.
3 weeks ago
I think they got burnt earlier and hasn't returned. Eventually when price spikes up on huge volume they will return.
3 weeks ago
I have a feeling on it soon will falling into PN17... cause losses has even more than its market capital size.
2 weeks ago
@davidkkw79 I think the new shareholder coming in will adjust the balancesheet (liability converted to shares)... liquidity ratio improves (see announcement)..
2 weeks ago
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CS Tan
4.9 / 5.0
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....
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