Latest Forum Topics / Rex Intl Last:0.096 -0.001 | Post Reply |
The next chapter
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Chansenghoe1971
Master |
06-Sep-2024 10:09
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That s why it invested in drone business under XER and mirror image of REX.
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finjungle
Senior |
06-Sep-2024 10:07
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This company operates in a mysterious way.
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LoudShout
Veteran |
05-Sep-2024 16:00
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Response to SGX Query -(The significant increase in tax expense from US$4.45 million in 1H FY2023 to US$49.14 million in 1H FY2024 was mainly due to an increase in taxable income in Lime Petroleum AS (&ldquo LPA&rdquo ), as a result of increased production from the Brage and Yme Fields in Norway. The Norwegian petroleum taxation system is based on the ordinary corporate tax of 22% and a special petroleum tax of 56%, totalling 78%. This explains the main reason for the significant tax expense recognised in 1H FY2024. In addition, the refundable tax arising from exploration activities in LPA (the Norwegian petroleum taxation system allows 78% tax refund of all exploration expenditure) had reduced significantly in 1H FY2024 as LPA focused more on production development activities in current production fields.) |
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SgYuan
Supreme |
27-Aug-2024 10:38
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rex day
wc up 112 px hit 106 upper trendline dn 14.6 104 hold best wc up continues breakdn wb dn 99 if hold wc up 110 |
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stanip
Veteran |
23-Aug-2024 14:26
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This Rex one worths a closer look. In their 3rd party reserve estimate report, the P1 is already at 5.8m barrels for Rex old 63% share.  P1 definition in their report =the low estimate of Reserves (proved). There is estimated to be a 90% probability that the quantities remaining to be recovered will equal or exceed this estimate.  The other upside is on the ownership stake increase.    DYODD  
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L.FATT
Member |
23-Aug-2024 13:31
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2p reserve still a long way... in RH Pet better cause really strike oil . Dun like to wait and wonder and hope and hope and hope | ||||
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stanip
Veteran |
23-Aug-2024 12:52
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Try this link if the earlier link does not work...  https://links.sgx.com/1.0.0/corporate-announcements/8F8MC4SY33FEIZRH/7cebe43811eb06a51dd7c66a7eb12fea41aa334c64cc619468fe7f5c3fac0aa5   |
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stanip
Veteran |
23-Aug-2024 12:49
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Some good news from Rex. https://links.sgx.com/FileOpen/20240821_Exceed_SummaryQPR_SemeField_Final.ashx?App=Announcement& FileID=816487 * 6-7 million barrels of oil (2P reserves) identified in the Sè mè Field. * Rex increasing ownership stake from 67% to 83% :) |
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stanip
Veteran |
13-Aug-2024 14:24
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Think middle east tension getting worse... oil supply and potential US sanction on Iran (further reducing oil supply). Both Rex and RHP will " benefit" from this... though inflation might return... rate cut? DYODD |
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Grubber
Master |
13-Aug-2024 13:47
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mkt soft liao | ||||
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Caesar
Veteran |
13-Aug-2024 13:35
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Rex up more than 10 pips today, Chasen up only 2-3 pips ... not vested in either, just an observation ... pls DYODD
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Grubber
Master |
13-Aug-2024 11:15
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run so fast , punch cek | ||||
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Caesar
Veteran |
13-Aug-2024 11:11
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My take is because of (1) tech rebound and (2) Rh Petrogas ... everytime RH moves up, the effect rubs on Rex but not the other way round ... RH reported good results yesterday ...
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boyboy61
Supreme |
13-Aug-2024 10:52
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Dun know but more to come
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joe1991
Senior |
13-Aug-2024 09:03
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Simi tai chi..Cheong so much | ||||
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bluekelah
Senior |
12-Aug-2024 16:49
Yells: "lock and loaded..." |
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I dont understand the big tax expense of 49M which they had to book this half year, most of the income is from norway so Profit before tax is only 38.6m this half year how is the taxes due already 49m??  
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Chansenghoe1971
Master |
08-Aug-2024 16:37
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The well depletion is scary.
With this price, suggest cut and move to chasen.
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huattuatua
Master |
08-Aug-2024 16:32
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imagine those chased at abv 40 cts just 2 yrs ago  
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Chansenghoe1971
Master |
08-Aug-2024 16:28
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Fulfilled
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Everyday
Elite |
08-Aug-2024 07:12
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The Group recorded loss after tax of US$10.45 million in 1H FY2024, as compared to profit after tax of US$3.69 million for 1H FY2023. https://links.sgx.com/1.0.0/corporate-announcements/JST7Q6RC45V70R6D/27fe2c93c559beafb1612524e2190303af248a92694f1d44cded1d5575339b90 |
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