Latest Forum Topics /
Rex Intl
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SEMBMARINE - A NEW CHAPTER - DEMERGED
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stockshort
Supreme |
23-Sep-2020 09:43
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yes no 3 q report but bro u know i know for whole of 3 q oil is way above 40... and uobkayhian assumption is oil px at 30 to make that kind of cashflow so at 40? i  think feb when release full year will shock many as the loss will reverse into significant profit thats how great companies are made...be a first mover and hang tight will be a long road we have seen 10c many times and 20c a few times... but true value will show in feb but oct should have preview 
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benjidog
Supreme |
23-Sep-2020 09:41
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no 3Q report...correct? only in Feb 2021 (estimated) then got 4Q2020 report so Oct is at most guidance? unless got news on that forecasted 2nd well for Oman... supposed to be started in October 2020?  hope they spudd that 2nd well for Rex Oman fast fast, then looks good in Feb 2021 
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makdatok
Supreme |
23-Sep-2020 09:38
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What??? Tdy 16c????...heh | ||||
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ronleech
Elite |
23-Sep-2020 09:38
Yells: "Believe in yourself. Ride with the waves......" |
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boss, i am just citing the trending.... i dont see anything wrong...righ?
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benjidog
Supreme |
23-Sep-2020 09:37
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call one christopher to sell a bit of his peanuts to spook retails retail no balls sell off let BB pretend slow drain down and scoop low then In Charge release news  if shoot UP later .... hmmm...looks like someone play chess move those who know make $   |
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stockshort
Supreme |
23-Sep-2020 09:35
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its going to be a long journey but hope october will bring some smiles with 3Q profits locked in as oil still well above 40
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SAVIORFOREVER
Supreme |
23-Sep-2020 09:34
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Shortsellers coming in.
Trade with caution no contra no short and DYODD
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SAVIORFOREVER
Supreme |
23-Sep-2020 09:32
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Don't count chickens before the eggs hatched.
Trade with awareness and DYODD
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stockshort
Supreme |
23-Sep-2020 09:31
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but retrace after hit 150 sad
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ronleech
Elite |
23-Sep-2020 09:27
Yells: "Believe in yourself. Ride with the waves......" |
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148 gap clear..another at 152..if clear that might see it will try to break recent high of 159 | ||||
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SAVIORFOREVER
Supreme |
23-Sep-2020 09:14
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Congrats to those who bought on Monday and Tuesday.
Don't be greedy. Buy must remember to take profits if you don't have money to hold. Trade with contra buyers and DYODD
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SAVIORFOREVER
Supreme |
23-Sep-2020 09:08
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Have you forgotten after obtaining DOC and you said something bad about the DOC after price fall?
Naturally you want it to go up b'cos of what? You bought? Trade with awareness and DYODD
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stockshort
Supreme |
23-Sep-2020 08:53
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but likely no impact on price as usual :( | ||||
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stockshort
Supreme |
23-Sep-2020 08:31
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good news slow and steady rex is delivering on its strategy... 1) DOC obtained 2) Revenue materialised from oil production and sale in Oman with significant cash flow expected from 2H considering oil has been steadily at the 40-45 range and at a all in production cost of assuming 25 (which is the high side) 3) Farm in licenses to be monitized eventually Good stuff
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rlong8288
Master |
23-Sep-2020 08:29
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Hope can HUAT, as For Rex if they announce in the morning it' s good news, if they announce in the evening than we can assume is bad news, that mine observation DYODD 
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papayaface
Supreme |
23-Sep-2020 08:26
Yells: "This is the best time to enter....when everythings uncertain" |
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Can huat or not this news? Good luck
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rlong8288
Master |
23-Sep-2020 08:19
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Rex subsidiary partners Equinor in Norwegian Sea drilling SINGAPORE, 23 September 2020 &ndash Rex International Holding Limited (&ldquo Rex International Holding&rdquo , &ldquo Rex&rdquo or the &ldquo Company&rdquo , and together with its subsidiaries, the &ldquo Group&rdquo ), a technology-driven oil company, is pleased to announce that the operator, Equinor Energy AS (&ldquo Equinor&rdquo ), has started drilling an exploration well in the Norwegian Sea licences PL263D/E on 22 September 2020. Rex&rsquo s 90 per cent subsidiary Lime Petroleum AS (&ldquo LPA&rdquo ) has 20 per cent interests in the licences. The well targets the Apollonia prospect, with a reservoir located in the traditional Jurassic section. LPA has applied its rigorous evaluation process combining conventional geological and geophysical (G& G) work flow with the Group&rsquo s proprietary Rex Virtual Drilling (&ldquo RVD&rdquo ) technology on this prospect. Mr Dan Broströ m, Executive Chairman of Rex International Holding, said, &ldquo We are pushing ahead with our &lsquo just-in-time&rsquo farm-in strategy in Norway, coupled with the use of RVD to de-risk our assets a business model attested by LPA&rsquo s farm-in and drilling participation in the Rolvsnes discovery, and subsequent divestment of it with related assets for US$45 million in 2019. Funds of US$550,000 raised from the recent options agreement signed with Trace Atlantic will help defray some of LPA&rsquo s participating drilling costs in this well. I am pleased that the Rex Group is working with Equinor, a leading operator in the Norwegian offshore industry.&rdquo   The 263D/E licences are located in the Halten Terrace area and are well placed between the Å sgard   and Midgard fields. Equinor has obtained permission from Norway&rsquo s Petroleum Safety Authority to use the West Hercules semi-submersible rig for the drilling. Should there be success in the main well- bore, a side-track appraisal well may be drilled. LPA&rsquo s farm-in to the two licences, effective from 1 January 2020 (a standard practice for licence |
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timshare
Veteran |
23-Sep-2020 07:53
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https://links.sgx.com/FileOpen/20200923_RIH_PressRelease_ApolloniaDrilling.ashx?App=Announcement& FileID=632446 | ||||
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SAVIORFOREVER
Supreme |
22-Sep-2020 21:25
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Tomorrow might test 150 again.
Trade with awareness and DYODD
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benjidog
Supreme |
22-Sep-2020 20:12
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lows hit ??? so let the leaders decide...if they want UP means they want UP... if they still want 13x or even 124/125...also they will blooooodyy drain the swamp those who bot at 14X....hold on if can....pick up and pay for these shares if contra... but must be prepared to hold until Feb/Mar 2021. by then Feb/Mar, new term for USA President, new spin on Covid (Vaccine?), post winter thaw... for SGX, after CNY in Feb 2021, March/April should be good good for Rex. hope by then, analysts give BS reports to push up Rex price.  so...say so much no point....only those who can hold should BUY...those bloody no balls or wanna play contra...please look for other stocks...dun anyhow buy this Rex...you buy be prepared to hold  
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