Latest Forum Topics / Rex Intl Last:0.133 +0.015 | Post Reply |
The future a constructive discussion
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Sharetrade8888
Veteran |
22-Jun-2022 15:09
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Finally touching yield that is even higher than even hongleong finance 8mths fixed depo rate for quantum abv 200k its time to open up the safe to start daily collections of maoshawang again...yum yum 😋
During such time when even healthy babies are getting thrown out with the bathwater can pick favourites to nurture them and reap the rewards as they grow...😀 😉 |
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Sharetrade8888
Veteran |
22-Jun-2022 09:16
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Good that mgtmt is working hard to propel the company to the next leap. Witj oil px staying in 3digit avg levels in the coming years they manage to buy another money printing asset. Huat ah...
Those naysayers will start yo come out again to vilify the company but being in the top 10% most transparent company listed on the exchange such toxic info dont weigh much for the smart money buying into it. Dyodd ok 😀 😉 |
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Sharetrade8888
Veteran |
20-Jun-2022 09:18
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About time to cast out the net to pick this maoshanwang again bit by bit as they roll it down. Dyodd ok 😉 | ||
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Sharetrade8888
Veteran |
16-Jun-2022 16:59
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Lol its been awhile and seeing monkeys shorties coming out with their circus again. Looks like maoshanwang from old tree pahang raub about ripe to pick soon. Huat to those believers who stayed on course. Dyodd ok 😉 | ||
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Sharetrade8888
Veteran |
13-May-2022 09:47
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Patience keep a clear mind when the buyer comes in will pay back. Cheers 🍻 | ||
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lp2000
Elite |
13-May-2022 09:34
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brent back above 109 and wti following almost 108...rex started to wake up? | ||
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Sharetrade8888
Veteran |
13-May-2022 09:08
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Patience will pay off time is in our favour tjis is heavily shorted when the covering comes it will be swift
Chees😄 |
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Sharetrade8888
Veteran |
13-May-2022 08:58
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Wonder why the company wyd wanna split but i wont know bcos nvr vested there paiseh. Pls go ask that tgread instead not here😊 | ||
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Sharetrade8888
Veteran |
13-May-2022 08:56
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Hope u didnt buy that😞 | ||
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ysh2006
Supreme |
13-May-2022 08:53
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YZJFH also cpf approved stock!! | ||
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Sharetrade8888
Veteran |
13-May-2022 08:52
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Happy Friday everyone
Time and waits for no man a reminder this is cpfis approved stk ok Cheers...huat ah 🍻 |
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Sharetrade8888
Veteran |
12-May-2022 19:52
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Lol px not out yet also dunno if can bring in anot its only bcos its ev if not how to tahan the fuel consumption jiakyou dang ah thats the reason why angmo consumption very high and gasoline px so high with product crack spread margin so high and refinery capacity utilisation rate so high already oil producers will huat huat for quite awhile😄 | ||
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ahberngh
Master |
12-May-2022 19:37
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Power to you. I am not so ambitious, just looking to buy a 4-5 year old Lexus ES 250 or ES 300H. 
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Sharetrade8888
Veteran |
12-May-2022 18:47
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I think you hv missed out on the 2p balance in yunma field as reported recently but if u are in doubts of the report guess ya it's better to sell your holdings. But if u r short good luck paying interest ok I dunno know about others but my investments in this has been so far so gd as my buy goes in the safe won't come out time enuff profit.
Btw there r ppl like me who invested in this since they day when the company hvnt even produce a drop of oil and worse still oil px when negative we still came out alive and kicking. Dyodd Can't wait to book my corvette ev soon. Cheers |
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@pplepie
Member |
12-May-2022 18:33
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I dropped an email to Rex IR regarding the maintenance activities we had seen thus far in 2022. Sharing with this community on their reply:
? Major change-outs and upgrades were made to the Yumna Field production facilities during February to April 2022. First, the floating storage tanker was changed out as planned, to replace the previous tanker for which the vessel classification and certificate were expiring. The new storage tanker is certified to be in the field for several years without the need for dry-docking for renewal of the vessel classification and certificate. Production was halted for 19 days in February 2022 and few days in beginning of March 2022 for this change-out. Second, the Mobile Offshore Production Unit (MOPU) was changed out, together with a full upgrade of the production facilities on-board, as planned. Production was halted for a few days in end of March 2022 and 18 days in April 2022. As with the storage tanker, the new production facility is designed to deal with the normal increase in water production and decline in oil production, a natural course of any production well?s life cycle, until the end of the Yumna Field?s life. Both major operations are now completed. Monitoring of the behaviour of the wells and optimising production volume is a continuous process to maximise oil recovery. Non-produced oil due to lower realised production volumes remain in place in the reservoir and can be produced at a later date.? Whether it is still a good investment or otherwise, you can decide. |
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Sharetrade8888
Veteran |
12-May-2022 17:46
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If u input the brage daily productions to date and input the avg rate of last for few mths plus may n june projections and input 100 usd per barrel avg u will get ur projected sales figure for brage for 1st half 2022.
Next is the yunma. If u collate the mthly production from start of yr till now and projected may n june wud u reckon they will be able to sell 2 liftings of mr size cargoes i.e 300k barrel per cargo? If so wud it be too much to expect that 1st half 2022 sales is still more than 1mio barrel in total from both production regions. So far the yr avg px per barrel of crude in the regions has been abv 100 usd per barrel and going fwd looks like its going to be this px or higher in the mths ahead. Imho its not too much to expect of a 100mio sales revenue for the 1st half 2022. So some will ask so wat abt the 2nd half? Well if u look back during the few yrs in 2013 oil px has been abv 100 for quite sometime. The economic slow downs transition recession wat not armageddon wont wipe out the use of oil anytime soon. Worse thing is that due to the lack of investments in the sector has caused the supply concern in the event of rise in future demand...more can be explained why the sector is still in demand and performed well despite asset px meltdowns now. Of cos here on sgx we hv selling down due too...ahem... If u believe there is gd money to make in this jolly well invest in it but if u in the camp that world will get hit by an asteroid soon than best is if u can afford buy a space x ticket run now...just kidding on the last part. Dyodd. Happy investing all bluddy hot day 🍻 |
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Sharetrade8888
Veteran |
12-May-2022 16:57
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Lol sgx ah. Happy collecting more fees hahaha 👎 | ||
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rlong8288
Master |
12-May-2022 16:53
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SGX lack manpower to query
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jlong0005
Senior |
12-May-2022 16:47
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Down more than 10% why no query from SGX? | ||
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Sharetrade8888
Veteran |
12-May-2022 16:38
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As long as calculated risk/reward analysis done properly can liao. Be nimble it can bring us a long way....cheers 👍 | ||
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