Rex Intl    Last:0.067    -0.004

Rex International

Oops ..   LOL,   my typo mistake.    

powermikeln      ( Date: 14-Aug-2020 12:13) Posted: 1000 shares la - not 1000 lots :)  if 1000 lots per transation - it will push the price up to 1 dollar already liao :) haha .. just joking :) yoga123      ( Date: 14-Aug-2020 12:02) Posted: Hm .. looks like there are algorithm buying of 1000 lots per transaction at 0.176.

 

Bro,   thanks for sharing your views.  
Anyway,   for the upcoming US Presidential elections,   if Biden wins,   hopefully he will soften his climate plan advocacy for clean energy as that may have a negative impact for the oil and gas industry.   (On the other hand, Trump opposes it apparently)
Still,   we will never know how much negative impact would there be,   since markets are generally dynamic in nature and it could turn out differently.

benjidog      ( Date: 14-Aug-2020 12:02) Posted: I call you friends because i am sure we are here to make $$$ and if possible, to TCSS a bit on the side,  Frankly, the 1H2020 results are not as bad as some want to paint it, I am not expert and I have a biased view since I am vested... but just want to point out the following 10 reasons why I still keep this dino stock:- 1.Besides the " loss" that those naughty ones keep pointing out, we should look at the balance sheet and cash flow statements to get a balanced view.  The $$$ burned = oil assets now = profit generating asset. 2. Yumma 2 (2nd oil well) expected in 1H2021... likely that profits will be channelled from 2H2020 profits to self-finance Yumma 2.  3. No Long Term liabilities is very important !    4. Current cash hoard still able to finance oil production and sales of oil produced should finance further exploration activity. 5. the COP (cost of production) per barrel is about USD$10/barrel (based on ah Dan' s COP Rex Oman of $80000 per day for 8000 barrels = 10usd/barrel.  even if cop with Oman govt tax (friends, its is a whooping 55% tax bite for oil co...bloody high hor?), I still think $35M end 2H2020 could be possible, although depends on price of Brent crude.  6. If US elections still go on in Nov 2020 as scheduled, likely that the powers in charge will pish for Covid vaccine sooner then later....so expect upgrade to stage 2B for more countries as they adopt soft launch of covid vaccines 3rd stage tests, world will not revert back to previous norm but overall likely that oil demand will increase. Caveat=Brent trades at $45 and above for 2H2020. 7. USA oil companies especially shale likely to reduce oil production through bankruptcy and further consolidation. Reduced / frozen exploration = likelihood of shortage in 2021/2022. 8. Oman is hungry for $$$ to balance its budget, so Oman Oil Ministry likely to farm in their 25% into Re Oman, boosting developing of block 50.  9. This 1H2020 is the start of profit = shows that Rex management is right about generating recurring profits model and farming in and selling off Norway licences,  10. I expect 2H2020 results to be positive and TP upgrade.  so there, there my 10 reasons for holding on to this Dino stock....it is slowing growing to a T-Rex.

 

1000 shares la - not 1000 lots :) 

if 1000 lots per transation - it will push the price up to 1 dollar already liao :)

haha .. just joking :)

yoga123      ( Date: 14-Aug-2020 12:02) Posted: Hm .. looks like there are algorithm buying of 1000 lots per transaction at 0.176.

 

The sell queue of 4 million at 0.178 has decreased to 3 million+,   while the 4 million sell queue at 0.185 is still present.

yoga123      ( Date: 14-Aug-2020 11:56) Posted: As of now,   4 million Sell queues are parked at 0.178 and 0.185   (Real or Fake ?),   the rest of the Sell queues are between 1 to 3 million on average.

 

that is exactly why today only dropped like 2.7% -- Hyphens Pharma last night released some so-called GOOD result, yet today dropped 6.4% (now)... 
Smart investors look deeper into the numbers and into the future, weaklings only see one number and start to panic, totally controlled by emotions, and influenced by some gurus' shouting doomsday is coming... 
Why borther!   

benjidog      ( Date: 14-Aug-2020 11:57) Posted: I call you friends because i am sure we are here to make $$$ and if possible, to TCSS a bit on the side,  Frankly, the 1H2020 results are not as bad as some want to paint it, I am not expert and I have a biased view since I am vested... but just want to point out the following 10 reasons why I still keep this dino stock:- 1.Besides the " loss" that those naughty ones keep pointing out, we should look at the balance sheet and cash flow statements to get a balanced view.  The $$$ burned = oil assets now = profit generating asset. 2. Yumma 2 (2nd oil well) expected in 1H2021... likely that profits will be channelled from 2H2020 profits to self-finance Yumma 2.  3. No Long Term liabilities is very important !    4. Current cash hoard still able to finance oil production and sales of oil produced should finance further exploration activity. 5. the COP (cost of production) per barrel is about USD$10/barrel (based on ah Dan' s COP Rex Oman of $80000 per day for 8000 barrels = 10usd/barrel.  even if cop with Oman govt tax (friends, its is a whooping 55% tax bite for oil co...bloody high hor?), I still think $35M end 2H2020 could be possible, although depends on price of Brent crude.  6. If US elections still go on in Nov 2020 as scheduled, likely that the powers in charge will pish for Covid vaccine sooner then later....so expect upgrade to stage 2B for more countries as they adopt soft launch of covid vaccines 3rd stage tests, world will be revert back to previous norm but likely that oil demand will increase.  7. USA oil companies especially shale likely to reduce oil production through bankruptcy and further consolidation. Reduced / frozen exploration = likelihood of shortage in 2021/2022. 8. Oman is hungry for $$$ to balance its budget, so Oman Oil Ministry likely to farm in their 25% into Re Oman, boosting developing of block 50.  9. This 1H2020 is the start of profit = shows that Rex management is right about generating recurring porofits model and farming in and selling off Norway licences,  10. I expect 2H2020 to show positive and TP upgrade.  so there, there my 10 reasons for holding on to this Dino stock....it is slowing growing to a T-Rex.

 

I call you friends because i am sure we are here to make $$$
and if possible, to TCSS a bit on the side, 

Frankly, the 1H2020 results are not as bad as some want to paint it,

I am not expert and I have a biased view since I am vested...

but just want to point out the following 10 reasons why I still keep this dino stock:-

1.Besides the " loss" that those naughty ones keep pointing out, we should look at the balance sheet and cash flow statements to get a balanced view.  The $$$ burned = oil assets now = profit generating asset.

2. Yumma 2 (2nd oil well) expected in 1H2021...
likely that profits will be channelled from 2H2020 profits to self-finance Yumma 2. 

3. No Long Term liabilities is very important !   

4. Current cash hoard still able to finance oil production
and sales of oil produced should finance further exploration activity.

5. the COP (cost of production) per barrel is about USD$10/barrel (based on ah Dan' s COP Rex Oman of $80000 per day for 8000 barrels = 10usd/barrel.  even if cop with Oman govt tax (friends, its is a whooping 55% tax bite for oil co...bloody high hor?), I still think $35M end 2H2020 could be possible, although depends on price of Brent crude. 

6. If US elections still go on in Nov 2020 as scheduled, likely that the powers in charge will pish for Covid vaccine sooner then later....so expect upgrade to stage 2B for more countries as they adopt soft launch of covid vaccines 3rd stage tests, world will not revert back to previous norm but overall likely that oil demand will increase. Caveat=Brent trades at $45 and above for 2H2020.

7. USA oil companies especially shale likely to reduce oil production through bankruptcy and further consolidation. Reduced / frozen exploration = likelihood of shortage in 2021/2022.

8. Oman is hungry for $$$ to balance its budget, so Oman Oil Ministry likely to farm in their 25% into Re Oman, boosting developing of block 50. 

9. This 1H2020 is the start of profit = shows that Rex management is right about generating recurring profits model and farming in and selling off Norway licences, 

10. I expect 2H2020 results to be positive and TP upgrade. 

so there, there my 10 reasons for holding on to this Dino stock....it is slowing growing to a T-Rex. 

 

Hm .. looks like there are algorithm buying of 1000 lots per transaction at 0.176.

 

As of now,   4 million Sell queues are parked at 0.178 and 0.185   (Real or Fake ?),   the rest of the Sell queues are between 1 to 3 million on average.

 

Still holding onto my 0.181 bought previously.   You bought already ?

SAVIORFOREVER      ( Date: 14-Aug-2020 11:50) Posted: Are you buying? Trade with ? and DYODD yoga123      ( Date: 14-Aug-2020 11:47) Posted: Huat to all,   those who are patient enough to hold and maximise profit.     This afternoon, hopefully Rex will climb back up to 0.18+ to reward us.

 

No one need you to prove anything... no one will be interested on what you think about another person...
Own money, own decision... why you worry so much?

stockshort      ( Date: 14-Aug-2020 11:35) Posted: I am just happy to prove people like matadok cheongargh and stevenkan who keep saying 20 c in the last few weeks wrong. ​ Expose their ill intentions... ​ told you trend sure down but now at this level is considerable again 98mich98      ( Date: 14-Aug-2020 11:33) Posted: Talk until end of world. I Q at 16cents in morning. Lucky went in at 173😅 😅 Next week will chiong when bb collected from those short sighte

 

Are you buying?




Trade with ? and DYODD

yoga123      ( Date: 14-Aug-2020 11:47) Posted: Huat to all,   those who are patient enough to hold and maximise profit.     This afternoon, hopefully Rex will climb back up to 0.18+ to reward us.     Justice888      ( Date: 14-Aug-2020 11:40) Posted: Wa finally we same page . Huat ah . Let?s cheer together now . Lo

 

Why you worry about the global demand of oil? Just check the OIL future price... that is simple, PRICE won' t lie. 
You dont need to do this type of assumption or prediction, because your thoughts / assumption / prediction won' t move or change the market and the prices... 

Shifu8888      ( Date: 14-Aug-2020 11:23) Posted: Where is the demand for oil when less than 10% of flight capacity is operating? Countries in partial lockdown, cars not using petroleum?

 

Huat to all,   those who are patient enough to hold and maximise profit.     This afternoon, hopefully Rex will climb back up to 0.18+ to reward us.    

Justice888      ( Date: 14-Aug-2020 11:40) Posted: Wa finally we same page . Huat ah . Let?s cheer together now . Lol stockshort      ( Date: 14-Aug-2020 11:39) Posted: yeap ... i am not like matadok and co... shout buy at every level and will never lose kind... u believe that clown

 

Volume also not very high la.... what does it mean? 

It means, only panic weak sellers are shorters are really selling.... BBs are slowly and happily collecting :)

If it is really that BAD -- the first thing you will see is BIG SURGE of VOLUME on the drop days --- VOLUME will never LIE :)

allinalltheway      ( Date: 14-Aug-2020 10:56) Posted: This time didn't drop much with bad news. Rex really huat liao..

 

Anyway dont worry la mr. Hiak Hiak will be back

​ fair weather guy

 

those clowns everyday flame me when i am warning you guys dont buy at 18x 19x cos cbank and cronies will eat and trend already shows down but matadok can come out say strong no worries buy...

​ you think their intentions are right? buy at every level no problem....for all you know they are the syndicates.

Justice888      ( Date: 14-Aug-2020 11:40) Posted: Wa finally we same page . Huat ah . Let?s cheer together now . Lol stockshort      ( Date: 14-Aug-2020 11:39) Posted: yeap ... i am not like matadok and co... shout buy at every level and will never lose kind... u believe that clown

 

Simple calculations leh. How much oil revenue per month.
how bad can tat be second half. Those anyhow sell to bb, think again

 

Wa finally we same page . Huat ah . Let?s cheer together now . Lol

stockshort      ( Date: 14-Aug-2020 11:39) Posted: yeap ... i am not like matadok and co... shout buy at every level and will never lose kind... u believe that clown? Justice888      ( Date: 14-Aug-2020 11:36) Posted: U bought ? Buy l

 

yeap ... i am not like matadok and co... shout buy at every level and will never lose kind...

u believe that clown?

Justice888      ( Date: 14-Aug-2020 11:36) Posted: U bought ? Buy la stockshort      ( Date: 14-Aug-2020 11:35) Posted: I am just happy to prove people like matadok cheongargh and stevenkan who keep saying 20 c in the last few weeks wrong. ​ Expose their ill intentions... ​ told you trend sure down but now at this level is considerable agai

 

Even now oil at $45 . The co generates gross income of $360k usd daily ... convert to sgd is near to $500k..

benjidog      ( Date: 14-Aug-2020 11:34) Posted: haha....when we think there is no demand for oil because of flights cancelled, and lockdowns....cars not use petrol....we think that world dun need oil....thats is dum dum thinking lah.... the world still needs oil.... even the electricity that power your phone or computer that we use to type posts in this forum need oil to generate electricity.... you think all the online shopping deliver itself, no need oil to send to you is it? everyday the world need oil to power things otherwise literally lockdown. its is just that right now its is balancing demand vs supply.