REACH ENERGY BHD

KLSE (MYR): REACH (5256)

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Last Price

0.045

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0

Meeting


Ann. Date Date Time Type Venue View
Discussions
9 people like this. Showing 50 of 19,350 comments

jasontan1177

purposely go in pn 17 then delisted, then sell the oil field.

checkmate to ikan billis

1 month ago

TheContrarian

Sell, exit, return.

1 month ago

newbie_2016

@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

TheContrarian

Selling Emir-Oil needs 75% shareholders approval.

1 month ago

newbie_2016

Honkie already controlled Reach at circa 68% already right @TheContrarian? Just need another 7% friendly party? (or God-knows-what?? huhuhuhu)

1 month ago

TheContrarian

48.5%

1 month ago

newbie_2016

MIEH 40% not his?

1 month ago

jasontan1177





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

JuliusCeasar

Look like truly Syndicates start accumulate starting last week!

1 month ago

newbie_2016

@JuliusCeaser what can syndicates do? sorry silly question :)

1 month ago

TheContrarian

Syndicate absorb the weak holders and once they absorb sufficient amout will ramp up the price.

1 month ago

izoklse

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

newbie_2016

Thanks @TheContrarian! Learnt something new today!!

1 month ago

TheContrarian

Local market is flat, play is currently on the glove counters.

1 month ago

hoot9e996

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

izoklse

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

Iamnotasifu

denying the news = the deal is on

look at how dnex clarified the 'fake news' and fly like hell

1 month ago

izoklse

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

JuliusCeasar

Agree

1 month ago

Orson Chin

Sell to Petronas la

1 month ago

rev588

Run first la, don't need to think

1 month ago

Joel Jebaraj

Volume is building up today. Is there gonna be some changes today?

1 month ago

newbie_2016

collecting.... how about you @TheContrarian??

1 month ago

kk7198

0.045 is a good buy?

1 month ago

TheContrarian

@newbie_2016, not collecting. I have enough.

1 month ago

rev588

Reach is struggling now, who is collecting?

1 month ago

Nickhii90

gg or still got hope?

1 month ago

hoot9e996

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

izoklse

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

newbie_2016

@izoklse I tot the board has already denied the news? Unless Bursa query them again.

1 month ago

JuliusCeasar

Good news coming back! Welcome

1 month ago

kk7198

With PN17, hard to move....getting lesser interest.Soon will be in slumberland.

1 month ago

newbie_2016

snnoooooooooozeeeeee....... lol

1 month ago

rev588

no eye see.....

1 month ago

Nickhii90

dead counter

1 month ago

bizbro

can rebound or really game over

1 month ago

newbie_2016

see Q1 results announcement?? Don't think the new Honkie owner is that silly...

1 month ago

newbie_2016

what happened to volume this am? 935 am already 11 mil???

1 month ago

triplex3mob

no power left to push up now

3 weeks ago

bizbro

zzz really game over soon

3 weeks ago

freddiehero

yaka?

3 weeks ago

newbie_2016

AGM around the corner... can go and ask?

3 weeks ago

freddiehero

no need so Bz, eat popcorn

3 weeks ago

bizbro

Hahaha, run first good luck guyss

2 weeks ago

rev588

wait 3 sen

2 weeks ago

newbie_2016

lai lai... come to papa....

2 weeks ago

triplex3mob

sleep first lor, come back later

1 week ago

jasontan1177

net loss 40 m ...
get MACC to investigate this comp from the point it acquire that oil field.

6 days ago

triplex3mob

wake up plz . . .

3 days ago

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