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Rex Intl
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Rex International
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MtFaber
Senior |
14-Aug-2020 08:07
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The current PE for oil and gas is 16.5 avg in the US. So if EPS is 1c USD it should be 16.5x 1.35 = 22c ( converted to Singapore cents)
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98mich98
Master |
14-Aug-2020 07:49
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To me the oil revenue look promising. Just need someone to count the EPS and PT base on next 6 mths oil at $45usd sales.
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98mich98
Master |
14-Aug-2020 07:47
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$80k cost per day.
3 months oil revenue at 14m base on average $22.50 oil price per barrel.
You can count thier future earnings and px target?
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Invest1
Elite |
14-Aug-2020 07:44
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They also have losses in bond and equity market. What kind of company is this? Bosses too free and nothing to do and investing in other shares.... This is really company to be careful about. But don't short this else will be burn. Slow get out of this stock. | ||||
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ssw518
Supreme |
14-Aug-2020 07:40
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sry bro, i just ask a quest, will be nice if you can answer, what is their cost per barrel currently?
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98mich98
Master |
14-Aug-2020 07:35
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Can give me px Target at 31st dec. Assuming they made 10m FY only.
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98mich98
Master |
14-Aug-2020 07:24
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If they can make 15m profits FY2020. EPS 1cent What is the stock price? Anyone can help me count. | ||||
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luckyboy22
Supreme |
14-Aug-2020 07:07
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HUAT AAAAHHHHH!!!!! 
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PQTPQK
Supreme |
14-Aug-2020 06:39
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Cheong!!
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benjidog
Supreme |
14-Aug-2020 06:28
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My hope is at USD35M profit for 2H2020 This is based roughly on 8000barrels/day for 6months or about 1.4M barrels at avg nett profit of USD25/barrel = USD35M. If Lime gives any happy surprises or Maisarah adds Yumma 2, = double huat. Shorts see "loss" in 1H2020, longist see $$$ | ||||
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benjidog
Supreme |
14-Aug-2020 06:09
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If Rex actually announce Yumma 2 within next 2 months, I will be super happy. Lime also may yield extra $$$. | ||||
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benjidog
Supreme |
14-Aug-2020 06:03
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I said previously....the most important is wat price Rex sold the 1M barrels for. Now we know Rex got about 14M for tat 1M barrels. bo bian becos oil cheap especially in Mar/Apr 2020. Now, oil flowing at $10/cost per barrel (damn song leh), as long as Brent price maintain at $45 average from now to end 2020, Rex is confirm overall profitable for 2020. 1H2020 results seem mixed good and bad. To me, it is validation that I am right not to have sold off at 205/210 for my Rex holdings. Will continue hold for 2H2020 results. | ||||
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Shifu8888
Supreme |
14-Aug-2020 03:59
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Summary:
Huge loss Burnt usd12m cash Will keep burning Presence of revenue is a smokescreen I smelt Yuuzoo here |
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SCL1961
Senior |
14-Aug-2020 03:09
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2H20 result based on known costing is 8000 barrels X $45 (present oil price) -80 000(operating cost)= about USD50 Mil. income - 1H20 loss - exploration expenses = profit/loss for next half. Hence the movement of oil price (-/+)is the deciding factor on whether the company will be profitable or not in next half of 2020. Of cos any divestment income will enhance the bottom line. Hope next half will turn out to be positive so that loyal investors can earn their rewards. :-)
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98mich98
Master |
14-Aug-2020 00:26
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seriously, u think can see 160?,  most houses knows the set up cost is high in 1H before can see results, last yr profit is due to selling of asset. Loss in 1H is factor in by UOB report also. The best thing is, oil revenue is secure for future months, with oil price uptrend, future earnings look good. next few days buyers may be weak or bb press down. But it will move again. just take whatever price tomorrow have. For long term next year. No issue with tat few cents.
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SAVIORFOREVER
Supreme |
14-Aug-2020 00:19
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What's your target price? 160 or 170?
Trade with ? and DYODD
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Invest1
Elite |
14-Aug-2020 00:15
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Why MUST MAS recommend Banks to pay lower dividends? If banks say they want to pay lower dividends, what will be the effects? Have u spend a thot on this?  
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MtFaber
Senior |
14-Aug-2020 00:15
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1H 2020 is already history. We are already into 2H 2020.
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98mich98
Master |
14-Aug-2020 00:14
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I will prepare more funds to load for next year results. 
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98mich98
Master |
14-Aug-2020 00:13
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100m oil revenue in furure per year is no joke. Not counting the new wells taht they will start. 😀 . Up or dowwn tokorrow is not an issue, it will definitely go up in near future.    |
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