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Rex Intl
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The new chapter
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wehuattogether88
Supreme |
02-Jul-2022 15:55
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Oil prices rose nearly 3% on Friday as supply outages in Libya and expected shutdowns in Norway outweighed expectations that an economic slowdown could dent demand.
Brent crude futures were up $2.71, or 2.5%, at $111.74 a barrel, while West Texas Intermediate crude (WTI) gained $2.81, or 2.7%, to $108.57 a barrel. |
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blesskeemun
Master |
02-Jul-2022 11:18
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JPMorgan Sees ?Stratospheric? $380 Oil on Worst-Case Russian Cut ByJoe Carroll+Follow 2 July 2022 at 03:59 GMT+8 Global oil prices could reach a ?stratospheric? $380 a barrel if US and European penalties prompt Russia to inflict retaliatory crude-output cuts, JPMorgan Chase & Co. analysts warned. Result expected on 11 or 12 Aug 2022. | ||||
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boyboy61
Supreme |
01-Jul-2022 19:52
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Let's hope that no profit guidance means good need what results are out. | ||||
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teeth53
Supreme |
01-Jul-2022 15:37
![]() Yells: "don't learn through life, learn to grow with life " |
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FYI. Rex lnternational. Ex-Date 29/09/2022. ☆ 》 Pay Date 10/10/2022☆ 》 . SGD-0.005
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ETHunter
Veteran |
01-Jul-2022 15:36
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Taking out 10% interest to partner a BIG boy could reap lots more over time.
Synergistic partnership drilling in the same location.
Good luck.
 
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boyboy61
Supreme |
01-Jul-2022 15:22
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Still got room to go down....please be patient | ||||
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blesskeemun
Master |
01-Jul-2022 13:32
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It just the nature of REX with her tagline........ CHANGE THE GAME!!!  HOW...if management still the SAME. |
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pc1234
Member |
01-Jul-2022 13:09
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REX did not say how much it farm out the 10%. Looking back, it also did not say how much did it pay to acquire 40%. Just like you, the first thing that come to my mind is " Is money not enough" even after the recent bond issue?
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blesskeemun
Master |
01-Jul-2022 12:46
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PRESS RELEASE Lime Petroleum farm downs 10 per cent interests in two North Sea licences SINGAPORE, 1 July 2022 &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, wishes to announce that its 91.65 per cent subsidiary Lime Petroleum AS (&ldquo Lime&rdquo ) has on 30 June 2022, signed an agreement with Vå r Energi to farm down by 10 per cent, Lime&rsquo s 40 per cent interests in licences PL820 S and PL 820 SB in the North Sea.  HOW MUCH of the Farm in Price?? Farm down 10%....MONEY NOT ENOUGH??   |
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blesskeemun
Master |
01-Jul-2022 10:36
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I do hope so....No news is good news. Dear REX Management let put the past behind do buck up and stay tune to harvest the best recovery of profit in 2H2022. Retail investors just need a timely updates for whatever info that would impact the P/L of the company in future. |
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Longtermer
Elite |
01-Jul-2022 10:15
Yells: "A disciplined investor is a wealthy investor" |
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Why no profit guidance? Reason.. there is no need to as biz is per normal. Oil at record high compared with last year should mitigate temporary lower pump rate. No need to be overly pessimistic.  
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boyboy61
Supreme |
01-Jul-2022 09:58
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26.5, heading towards 20 soon | ||||
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stanip
Veteran |
01-Jul-2022 00:48
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Bro Blesskeemun, thanks for voicing out shareholders' concerns. I did email Rex IR a few times in the past but never received any response. Can share how you got their attention? Thanks.  
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blesskeemun
Master |
30-Jun-2022 18:44
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Dear IR Pls clarify does REX/MOL needs DOC to produce a new found commercially viable well in Block 50 in future. As I know there will be a exploration drilling at Khufai in Oct/Nov'22. Thanks. Kee Mun Vested. | ||||
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blesskeemun
Master |
30-Jun-2022 18:34
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Dear IR Based on last announcement on 23/6 we retail investors only were informed for the halt of Oman production since 11/6 due to a leakage... Is this a timely inform via SGX by REX? Please have a timely inform via SGX when the production is resumed. Regards. Kee Mun Retail Investor. | ||||
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blesskeemun
Master |
30-Jun-2022 18:33
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Dear REXI IR Kindly provide the above before the coming result announcement. As I expect REX will having a loss of US$22M due to lower Oman oil flows and reported one off costs of US$80M. Regards Lee Kee Mun Retail Investor. | ||||
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blesskeemun
Master |
30-Jun-2022 18:17
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Dear Kee Mun, The Company will not be giving any profit guidance for its 1H FY2022 results. As with our usual practice, we will continue to keep investors updated via announcements and press releases posted on SGXNet when there are material developments in the Company?s business and operations. Thanks. Best regards, Investor Relations Department Rex International Holding Limited Sighing.....讲 了 好 像 没 讲 。 。 。 官 腔 。 No news is good news. | ||||
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Kandee
Member |
30-Jun-2022 17:26
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To access the report need to subscribe to Smartkarma.  USD49/month...  Not a subscriber
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boyboy61
Supreme |
30-Jun-2022 16:28
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Suddenly, it feels like Noble all over again.....omg![]() |
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blesskeemun
Master |
30-Jun-2022 11:49
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Stay sideline if you can... Majors factors for the rest of the year of 2022 DYOD 1. How REX Management lesson learnt for the past mistakes and bring recovery in 2H2022. 2. How the US CPI and FOMC Rate decision to harm the world economy and usher in potential recession. 3. How long the Ukraine military action of Rusia will take. 4. How OPEC+ to set the oil production quota from Sep onwards. 5. Oil found by Rex in Diwnagsa and Rhu Ara Malaysia and Khufai in Oman. 6. Completion of China Communist 20th Term meeting with new leadership line up. (Of course Xi will remain) 7. China Covid loosening after the above meeting. 8. US Mid Term election could Biden become lame duck? 9. Demand and Supply of Oil....coud it be possible to hit US$150> for Brent? 10 Most improtant can REX to hit $0.60~$1.00 by end of the year.   |
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