KLSE (MYR): REACH (5256)
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@jasontan1177 when they sell the asset (at a good price), ikan bilis will be rewarded too no? or else SC would have asked them to do Mandatory General Offer?
1 month ago
Honkie already controlled Reach at circa 68% already right @TheContrarian? Just need another 7% friendly party? (or God-knows-what?? huhuhuhu)
1 month ago
newbie_2016
ikan billis are boss family ??
why want to treat u so good ??
@jasontan1177 when they sell the asset (at a good price), ikan bilis will be rewarded too no? or else SC would have asked them to do Mandatory General Offer?
1 month ago
Syndicate absorb the weak holders and once they absorb sufficient amout will ramp up the price.
1 month ago
Market a bit boring as many are waiting for Wednesday onward i think on US data. Next week last play for IB or Investor before Raya long leave. Just my opinion.
1 month ago
https://www.theedgemarkets.com/node/662791
what you gonna say now? Reach Energy says no intention to sell Kazakhstan assets in immediate future
1 month ago
hoot9e996 standard la the process take time ma. They also want to collect ma.
See simple answer from the board : -
“The board reiterates that it is cognisant of the need for proper dissemination of information to the public and will continue to release the appropriate announcements on Bursa Securities on a timely basis as required by the Main Market Listing Requirements of the Bursa Securities,” Reach Energy said.
1 month ago
denying the news = the deal is on
look at how dnex clarified the 'fake news' and fly like hell
1 month ago
hehe that is the cover up strategy. The Edge article during weekend actually disturbs their strategy. In order to contain it they not pushing the price on Monday to just show that there is no knee jerk reaction to the share price due to weekend released article and released counter report at the Edge Monday afternoon to deny the rumors. In my opinion this is a plan to give opportunity to newly appointed board member a chance to collect slowly and when the time come they will released the news. Many company has done that before,
1 month ago
Reach Energy bawah Tan Sri Dr. Azmil Khalili kini syarikat PN17
https://thecorporatesecret.com/blog/2023/04/11/reach-energy-bawah-tan-sri-dr-azmil-khalili-kini-syarikat-pn17/
1 month ago
like news said
If the sale of the Emir-Oil concession materialises, Reach Energy will be a cash company with no assets. However, the amount of cash in the company from the sale of the Kazakstan asset will be far from the 75 sen per share that early investors paid when it was listed as a SPAC.
we waiting on this 1 see how
1 month ago
see i told you already. Previous news stated that they dont want to sell Emir-Oil Concession is just a strategy for newly appointed board member, director and shareholders to collect low. See now they released this news. hahah.
1 month ago
@izoklse I tot the board has already denied the news? Unless Bursa query them again.
1 month ago
see Q1 results announcement?? Don't think the new Honkie owner is that silly...
1 month ago
net loss 40 m ...
get MACC to investigate this comp from the point it acquire that oil field.
6 days ago
jasontan1177
purposely go in pn 17 then delisted, then sell the oil field.
checkmate to ikan billis
1 month ago