Latest Forum Topics /
Rex Intl
Last:0.163
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The next chapter
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wooncs8870
Senior |
23-Feb-2023 14:03
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The price keeps dropping unabated. When is it going to stop the tredning down and reverse it?
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piscesmonkey
Supreme |
23-Feb-2023 13:54
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Ya lor good mah collect abit by abit. Add small at 180 again. Sure pil will go up again.
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Heerbrugg
Veteran |
23-Feb-2023 13:51
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Oil related shares affected | ||||
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piscesmonkey
Supreme |
23-Feb-2023 11:21
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Today oil counter down. Q to add abit at 185 | ||||
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Heerbrugg
Veteran |
23-Feb-2023 10:49
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Looking forward to raise above 20 cents. | ||||
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pc1234
Member |
23-Feb-2023 10:43
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what worry me is that the production rate did not return to the previous rate, and is significantly lower..... does this mean the oil is drying up or more difficult to extract oil from a mature oil well? |
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MtFaber
Senior |
23-Feb-2023 10:19
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The net loss is attributed to down time due to planned change-outs and upgrades of facilities resulting in loss of production. Justifiable? |
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MtFaber
Senior |
23-Feb-2023 10:05
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According to Chairman' s statement, RIH is expected to report a net loss. Revenue cannot covers operating expenses. However, he mentioned there will still be positive cash flow, EBITDA and strong cash position. So there earnings before tax, depreciation and amortisation. So when the operations are stablised RIH will be able to resume its expected production. FY 2023 should perform better than FY 2022 barring unforseen circumstances.
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tccroy
Master |
23-Feb-2023 08:24
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Rex will double up their production this FY.
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JAD_Trader
Senior |
23-Feb-2023 07:43
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Profit down or net loss?
Not the same thing.
Will hold as long as company is profitable. Bit losing money?
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wooncs8870
Senior |
22-Feb-2023 15:29
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At current price level, it' s a good entry point. Buy and wait for it to trend up in the weeks to come. Cheers!
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teeth53
Supreme |
22-Feb-2023 14:28
Yells: "don't learn through life, learn to grow with life " |
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What happening to Rex Int't, down to 0.18x. 🤕 News
Profit Warning Announcement...Back😗 Feb 21, 2023 |
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satruz
Master |
22-Feb-2023 14:25
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Indeed 189 looks tempting.... am also considering to buy some to average down
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piscesmonkey
Supreme |
22-Feb-2023 11:00
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Let see will start to push up 20cents again par with dyna mac and rh petrogas?
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kt3152
Elite |
22-Feb-2023 10:58
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Congrats. Buyer coming in....
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piscesmonkey
Supreme |
22-Feb-2023 10:29
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Have been so ling never see this price low already 👍
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wooncs8870
Senior |
22-Feb-2023 10:25
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Queue to buy at 0.189
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piscesmonkey
Supreme |
22-Feb-2023 10:07
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Look like BB coming in to buy up? | ||||
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JanN@70
Member |
22-Feb-2023 09:59
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Im surpised that there isnt any audit or acountablitiy for the Shutdown " Maintnenace" over months or it is normal for O& G? | ||||
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Joelton
Supreme |
22-Feb-2023 09:55
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Rex International issues profit warning, citing lower revenue due to production stoppages
Rex International Holding will report a loss for its FY2022, because of lower volume of oil sold.
The company says it expects to incur a loss for the year ended Dec 31 2022 but a strong positive EBITDA, positive cash flow and strong cash position for the year.
The lower volume sold was because of production stoppages, so as to undertake upgrades of the production facilities between Feb and April last year.
Additional &ldquo unforeseen&rdquo factors in June and November 2022 affected production as well.
Rex expects to report on or before March 1.
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