$REACH / 5256 (REACH ENERGY BERHAD)

Here is some of Reach enticing soup content of:

NTA : 9 sen
Price to Sales : 41 sen

Book Value of Reach Concession : 86 sen

Company shows 4 consecutive years Revenue stream increase gradually comprises from 3 groups:
Crude oil
2020 - 77.25m
2021 - 148.16m
2022 - 166.51 m
2023 - 189.8m

Gas
2020 - 2.29m
2021 - 2.53m
2022 - 2.95m
2023 - 2.42m

Additional
petroleum process
2023 - 16.45m

Barring any unforeseen circumstances, Reach is expected to provide green result for this coming quarter.

Be advised that all of this above is just an opinion based on fact and analysis. Trade at your own risk.

Tuan Capital