Latest Forum Topics /
Rex Intl
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Rex revival
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SAVIORFOREVER
Supreme |
24-Nov-2020 11:36
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Time is always moving. Events changes with time. What is past is past. Ppl need to move on instead of harping on the past
I'm questioning whether you belong to a syndicate at that time which is weeks ago. I'm sceptical about Rex and it's still no change until now. Got profits need to take and how much ppl wants to take us up to them. There's no guarantee current price can hold or go higher. Only news of finding more oil will help. Share price moves up and down and don't be caught buying high. Current price is based outlook of oil demand on next year. Trade with no trolling and DYODD
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makdatok
Supreme |
24-Nov-2020 11:34
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Lai liao..coming soon
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Fluffyclouds
Master |
24-Nov-2020 10:05
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Talk cock ppl every where bruh. Hahaha. Huat to those who believe
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benjidog
Supreme |
24-Nov-2020 09:56
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so now you say congrats to those who sold 154.... hahaha....when drop that time from 145 to lower and lower.... i remember you accuse me of being with syndicate... and i told you i am not but you kept insisting and do the blame game all i said then was that its ok to buy some at any point below 145... now at current level of above 150.... anyways...i still say... wait news so good  
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SAVIORFOREVER
Supreme |
24-Nov-2020 09:46
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Congrats to those who sold 154.
Trade with profits and DYODD |
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SAVIORFOREVER
Supreme |
24-Nov-2020 09:41
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Based on assumption 5 day work week max 65 days for 3rd quarter excluding holidays.
Production cost USD10/ barrel as per 2nd quarter but likely to be higher. Trade with awareness and DYODD
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SAVIORFOREVER
Supreme |
24-Nov-2020 08:57
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Bid Bid Vol(K) Ask Ask Vol(K)
0.153 1,251.6 0.153 1,528.9 0.152 497.5 0.154 1,037 0.151 776 0.155 2,081 0.150 615 0.156 2,909 0.149 1,020 0.157 1,211 0.148 430 0.158 479.5 0.147 500 0.159 620 0.146 230 0.160 2,958 Trade with update and DYODD |
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SAVIORFOREVER
Supreme |
24-Nov-2020 08:36
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Bid Bid Vol(K) Ask Ask Vol(K)
0.152 290 0.152 438.9 0.151 236 0.153 390 0.150 320 0.154 1,037 0.149 1,000 0.155 2,551 0.148 100 0.156 3,358 0.147 450 0.157 1,210 0.146 350 0.158 479.5 0.145 360 0.159 590 0.144 262 0.160 2,708 Trade with awareness and DYODD
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SAVIORFOREVER
Supreme |
24-Nov-2020 08:02
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Rex third quarter profits not good.
Estimate third quarter sales revenue USD45×8000x65=23.4 million Estimate production cost for third quarter 8000×10×65 = 5.2 million Profit for third quarter = 18.2 million Expenses incurred in third quarter for group = USD18.95 Profit after minus expenses = (-0.75) million Fourth quarter estimate can be calculated by year end depending on oil price. Full year result should a loss due to first half losses and brent crude is still 45 by year end. Yumna field oil reserve = 9.6 MMstb (1.05 MMstb already produced as of June 2020) 2 years = 1.05×4×2 = 8.4 MMstb How long can Yumna field last? Share price is dependent on whether they can find the huge oil reserves in the independent report. If Rex can find more oil in fourth quarter then prospects should be better depending on the size of oil reserves. Trade with caution and DYODD
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makdatok
Supreme |
24-Nov-2020 07:57
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Tdy 58?? | ||||
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Fluffyclouds
Master |
24-Nov-2020 07:30
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There's always naysayers cause prolly didn't invest early. And waiting retracement or shorting market. I usually follow trend and chart.
US dow Jones ytd good signal. Up almost 7%. Ddyod. |
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yoga123
Elite |
24-Nov-2020 01:20
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Crude Oil Prices Rise on Optimism for 2021 Demand (Nov 23, 2020 10:59AM ET) https://www.investing.com/news/commodities-news/crude-oil-prices-rise-on-optimism-for-2021-demand-2354220   By Geoffrey Smith  Investing.com --  Crude oil prices rose on Monday on a sustained burst of optimism that the distribution of vaccines to treat Covid-19 will enable a thorough recovery in oil demand next year. By 10:45 AM ET (1545 GMT),  U.S. crude  futures were up 1.2% at $42.91 a barrel, having hit a two-month high overnight at $43.34 on the back of reports of an attack on a Saudi Arabian oil distribution center by Houthi rebels based in Yemen. The news briefly triggered memories of the much more disruptive attack last year on pipeline facilities at Abqaiq. However, the substance of Monday&rsquo s incident was hardly comparable. Brent crude  futures were up 1.6% at $45.81 a barrel, having come off an intraday high of $46.13, which was likewise a two month high. U.S. gasoline RBOB futures were up 1.8% at $1.1960 a gallon. Three separate biotech companies have now announced that their vaccines are effective in preventing at least 90% of Covid-19 cases. The drug developed by latest company to announce its results, AstraZeneca (NASDAQ:AZN), accounts for around 40% of preliminary sales of vaccines to lower and middle-income countries, and should ensure that an effective vaccine is distributed broadly across global markets. Data from the Commodity Futures Trading Commission on Friday suggested that money managers are buying into the story of the 2021 demand rebound more enthusiastically, with a second big weekly rise in net long positions in crude futures.  Optimism for 2021 still has to look through the short-term problems of demand, however. The U.S. continues to report extremely elevated levels of new infections and record numbers of people admitted to hospital with the coronavirus. Travel in the U.S. this week, usually a peak season due to Thanksgiving States and municipalities in the U.S. continue to restrict social gatherings (Nevada Governor Steve Sisolak tightening the screws on casinos in Las Vegas over the weekend). However, there are first signs from Europe that the recent wave of lockdowns is about to get relaxed. France on Friday and the U.K. on Monday both announced plans to relax restrictions ahead of the Christmas shopping season which has acute economic significance (18% of retail sales annually take place in the six weeks before Christmas, according to Paul Donovan, chief economist with UBS Global Wealth Management). Elsewhere, there was confusion over reports that Saudi Arabia&rsquo s Crown Prince Mohammed bin Salman had met with Benyamin Netanyahu, in would what have been the first known meeting of Saudi and Israeli heads of government. The Saudi Foreign Ministry publicly denied the reports.   |
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yoga123
Elite |
24-Nov-2020 01:16
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Yes,   am waiting patiently for it to rise above my average price of 0.175 ..   Patience is the key.     ![]()
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yoga123
Elite |
24-Nov-2020 01:13
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If you are not in urgent need of $,   just hold and reap higher profits. Huat to all of us !    
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benjidog
Supreme |
23-Nov-2020 22:22
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wow  surely at least got someone follow you  tomorrow must sell.... DYODD, trade with caution, dun anyhowly   
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SAVIORFOREVER
Supreme |
23-Nov-2020 19:13
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Tomorrow will sell. Will BBs be kind to push high again.
Trade with caution and DYODD |
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benjidog
Supreme |
23-Nov-2020 18:47
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Rex Oman got oil a not in the oil field those interested to know the truth  please  go read the oil reserves report by independent 3rd party the oil reserves report already out for some time already.... is this still a question mark? now it is a matter of how to raise $$$ to poke more straws to extract the oil each new oil well needs $$$ to dig and bring to commerical production thats why Rex Oman make announcement that they try non dilution way to raise $$$ hope got good news soon today good close...all those brought below 145 previously and holding ...all in Green now   |
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SAVIORFOREVER
Supreme |
23-Nov-2020 17:11
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Are you saying Rex current oil reserves takes 20-40 years to tap?
Do you have the report? Trade with ? and DYODD
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shizte
Member |
23-Nov-2020 17:00
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1 oil field can take 20-40 years to extract the oil completely. The more oil field rex discover, the more potential return investors get. This is a long term investment. Get it while it is still low. | ||||
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makdatok
Supreme |
23-Nov-2020 16:58
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Keep going babe | ||||
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