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About interfact

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06-May-2014 22:23

Others / STI 3,000 boosted by pivot investors mkt players

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Haha very interesting explanation.One need to translate key words into chinese then you can understand what Lim12888 is trying to say.A typical direct translation from chinese posting.

Lim12888 is Wan Si Tong.Both were banned

AutoMIA ( Date: 03-May-2014 13:14) Posted:

To Admin :

I am a responsible person. I pick up my password which was written on a piece of paper from the dustbin. I feel that I must say here in order not to involve any innocent people.
I just copied a fews words from handongni. Don' t mistaken that lim12888 = handongni.

Since I am in good mood today, teach you something :
* Don' t judge a person just by a few words!
* Don' t repeat the same mistake again! Instead of punish the culprit for their nuisance, you punish the innocent !!
OK, now I throw that pc of paper in the dustbin and I will never pick it up again.

AutoMIA ( Date: 03-May-2014 07:38) Posted:

Today at 7:22 AM

Hi! I am Lim12888. I 死不明目 , re-borned again!
Admin: no worries! I will auto MIA after I say something here. I will not post in SJ anymore! Totally disappointed !! 哼！
I have sent fews e-mails to Admin, but only received the standard message from computer that Admin will look into this matter. I don' t understand it take donkey' s days and weeks to reply!
Kill me not even a single reason given, not to say first warning according to the SJ Terms and conditions.
Have I done anythings wrong? Forumers can see your own eyes. I am just acting as 路见不平 ,拔刀相助 !! 哼！
I suggest that for those who thumb down, their nick should be appeared and with valid reason given. Litat Some forumers who are sincere and willing to share will not be discouraged. The quality of this forum will definitely be improved as well.
Mvm, I be the 牺牲者 .
Good luck to everyone !

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06-May-2014 22:09

Rex Intl / Rex International

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Lol.Lim12888 is Wan Si tong after all.Both nicks were banned.(see thread STI 3000 ....).

Cant imagine a senior guy like Wan as Supreme ranking can do so much mischief.

lim12888 ( Date: 01-May-2014 16:59) Posted:

Hello,

Limpeh warn you , do not link me to anyone! One time said Limpeh = Rossesyrup, now say =Wan Si tong. My last warning to you!!!

I am the one and only one !!

Interfact = how many nicks ? I am not interested.

interfact ( Date: 30-Apr-2014 21:19) Posted:

Handogni=ballbal said spas55

Lim12888=Wan Si tong

This soojinhou is somebody who is alrdy a forumner here but create a new nick to harass ple.

I know a lot what is happening here lah...dont test me.Rosesyrup got many nicks all kena exposed.

Who else you want to know??

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01-May-2014 23:18

SMRT / SMRT

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Yesterday, it reported a loss of $25 million on its fare businesses for the financial year ended March 31, pulling down its overall net earnings to an 11-year low of $61.9 million.

Here is the press release from SMRT:

SMRT registered $61.9 million profit for FY2014 despite sustaining losses in its fare business

Group Revenue increased 4.0 per cent to $1,163.9 million in FY2014 due to higher revenue in almost all segments. Non-Fare business operating profit grew 12.4 per cent to $106.4 million, mostly driven by growth in Taxi, Commercial and Engineering Services. PATMI, however, declined 25.7 per cent to $61.9 million in FY2014 due to much lower Rail profitability. Overall Fare business incurred a loss of $25.0 million in FY2014, compared to an operating profit of $32.3 million in FY2013, as fare revenue growth was insufficient to cover rising operating costs without commensurate fare adjustments.

The Board has proposed a final dividend of 1.2 cent per ordinary share (DPS). Including the interim DPS of 1.0 cent, this will bring total DPS in FY2014 to 2.2 cents. This amounts to a 54.1 per cent payout from FY2014 PATMI of $61.9 million.

Operating expenses rose 7.3 per cent to $1,121.8 million due mainly to higher staff, depreciation and other expenses. Staff costs rose due to increased headcount in Train and Bus businesses to support a larger fleet and improve operational performance, as well as the impact of the wage alignment exercise in the last financial year. Depreciation increased due mainly to the capitalisation of the operating assets taken over from the Land Transport Authority (LTA) in 1QFY2014, and a newer taxi and larger bus fleet. Higher other operating expenses were due mainly to higher expenses from costs associated with LTA schemes to incentivise commuters to travel into the city area before the morning peak hour.

Total assets declined 6.8 per cent to $2.1 billion due mainly to lower cash for the payment for 17 trains accrued in FY2013 and operating assets taken over from LTA. During the year, there were purchases of property, plant and equipment related to rail operating assets, taxis, buses and commercial spaces.

The Group ended the year with cash balance of $155.5 million compared to $546.3 million at the start of the year. The Group generated $234.4 million of cash flows from operating activities and $17.2 million from financing activities. The funds were mostly utilised to invest in property, plant and equipment. The Group' s total borrowings stood at $636.4 million, translating to a net gearing of 60 per cent.

Business Performance

Fare Business

The Group' s overall Fare business recorded a loss of $25.0 million for FY2014. For Train operations, despite a 2.9 per cent increase in ridership, operating profit dropped sharply to $5.5 million from $65.1 million as operating costs, to meet heightened ridership demands and regulatory standards, continued to outpace fare revenue growth. LRT' s losses widened from $1.0 million in FY2013, to $2.1 million in FY2014. For Bus operations, despite a 4.6 per cent increase in ridership and productivity gains, continued to register a loss of $28.4 million for FY2014.

Non-Fare Business

Profit from the Non-Fare business increased by 12.4 per cent due largely to an increase in profits for Taxi, Commercial and Engineering Services. Taxi profits increased 49.7 per cent to $9.6 million due to higher rental contribution from a newer fleet, and lower diesel tax as a result of a smaller diesel fleet. In Commercial, Advertising profits increased by 13.4 per cent to $20.8 million, due to increased advertising on trains, buses and in the network, and Rental profits increased 9.6 per cent to $73.4 million due to increase in lettable space from the redevelopment of Woodlands Xchange and higher rental renewal rates. Engineering profits increased by 137.7 per cent to $3.8 million due mainly to higher contribution from international consultancy projects as well as local engineering and project work.

OUTLOOK AND PROSPECTS

Despite the continuing cost pressures in the Fare business, the Group registered a 4QFY2014 QoQ and YoY improvement in its overall profitability.

The Group' s Fare business will continue to be challenging because of heightened operating requirements, unless there are commensurate and timely fare adjustments. The recently approved fare adjustments will partially offset some of the increased costs. The Group will continue with its productivity efforts in FY2015 to help mitigate the declining profitability in the Fare business.

The Group expects that the impending changes to the rail financing and bus operating models will address the sustainability of its Fare business in Singapore.

The Group also looks forward to the launch of the new Sports Hub retail mall, which is at the doorstep of our Stadium Circle Line Station, in the coming months.

SMRT' s President and Chief Executive Officer, Mr Desmond Kuek, said: " We will continue to improve standards in service, reliability and capacity of our trains and buses. We will continue to grow our Non-Fare business, with new commercial and overseas opportunities, and the strengthening of our local rail engineering capabilities."

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01-May-2014 16:04

Rex Intl / Rex International

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Good posting.Having same thought here.But some immature ppl are not pleased with our straightforward cautious views.I think there is no need to spoon feed them with too much info.Let them learn the hard way.:).

sheerluck ( Date: 01-May-2014 15:36) Posted:

To all are vetsted in REX,

First, I would like to clarify that I am not vested in this coy but I am certainly not running down REX but simply raising questions and that comes to my rather simplistic mind. So please do take my post with a pinch of salt.

Secondly, I am not against the CEO getting more than $2mil pay package. But from the IPO prospectus, before listing he is getting band C ranging from $500k-$750k. After listing he gives himself a 3-4 fold pay raise! At least do so after you have generated enough revenue and profit to cover the increase. For your information, loti (=bread) don' t cost $1mil per loaf, ok!

Thirdly, I am not saying REX-tech suck but because they don' t open up (I did' t read their AR word by word so I must declare that I didn' t see where they mentioned their didn' t patent their Rex-tech except for REXONICS so it based on some posts here), even if they hit oil spots, who can tell for sure it is not due to heng-suay?

Fourth, even if their tech are unproven, with the billion of profit each oil coy generates their don' t sting on their R& D budget. Not one interested in this proclaimed oil game-changer? I think these oil coy needs to re-evaluate their risk-reward models.

Anyway, I personally believe that REX will find more oil spots just like another other E& P coy eventually. Hope they do prove to all the oil coys who are not interested in their tech my point three wrong.

Fine loti don' t cost $1mil but I don' t eat anything less than $2k. Bad for my stomach.

DYDD.

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30-Apr-2014 21:19

Rex Intl / Rex International

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handongni ( Date: 30-Apr-2014 21:03) Posted:

it is because Aberdeen123 = interfact = ... 哈哈哈

soojinhou ( Date: 30-Apr-2014 19:44) Posted:

I did not ask u anything, interfact told me to read their announcements. I have read all and still can' t find which one has conclusively proves the efficacy of rex drilling. So I' m asking interfact in case I missed out a earth shattering announcement. He suggested that the technology might be fake because no major player has bought them out, but that won' t happen unless and until their technology is proven without a shred of doubt.

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30-Apr-2014 20:55

Rex Intl / Rex International

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Thanks buddy you speak with wisdom..Haha

1 Corinthians 14:38 says ³⁸But if any man be ignorant, let him be ignorant.

sheerluck ( Date: 30-Apr-2014 20:41) Posted:

Hi guys, chill.

I don' t think interfact is running down on REX. But really this " the founders were so careful with its intellectual property that no patents were filed" is equivalent to me saying " Hi, I got a magic stone. It can do wonders but I am not going to tell you how it does it. Just trust me and put some $$$ in me." But then who knows. The magic stone may be real?

Anyway, I thought the whole idea of patents is meant to protect their tech. So why not? REX is not a one-man show. Surely their team knows about the techology and people come and go. When they leave the coy, they bring the tech with them. With no patents, they have no protection at all. This is really questionable.

As ususal DYDD.

soojinhou ( Date: 30-Apr-2014 20:13) Posted:

Can I point you to article " Rex International: Game Changer for Oil and Gas Exploration" published on 1/9/2013 that says: " Convinced that no other seismic solution for oil exploration comes close, the founders were so careful with its intellectual property that no patents were filed." I don' t mind you running down Rex, honestly I don' t, but please don' t spew untruths and lies lah. I agree with you, they may have hyped up their technology, and time will tell. But as of now, no big player will buy their technology because it is unproven.

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30-Apr-2014 20:49

Rex Intl / Rex International

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You are contridicting yr self.Talk to you like talking to a wood.

Go and scroll down all the posting and I am sure the CEO had said that somewhere .You cant read my posting go and hit the wall before spurting slander remarks against others.Who cares whtr the technology is patented or not in the first place.

We all agreed to disagree.My view is not meant exclusively for you.Go and do yr homework before making yr first posting here,goondo.

soojinhou ( Date: 30-Apr-2014 20:13) Posted:

interfact ( Date: 30-Apr-2014 20:00) Posted:

That is what i meant.There is no report abt their drilling efficacy based on their technology.But their technology was patented as reported.How good is their technology is up to them to say unless verified by a third party expert.On hind sight think about its peers,how they do drilling?Have their peers not been successful in finding oil?What are their peers using? Dont you think they might have hype up their technology too much.

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30-Apr-2014 20:08

Shen Yao / ThinkEnv name change to Liongold Corp

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Prediction is one thing.Most impt whtr you go in and trade to make real money.

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30-Apr-2014 20:00

Rex Intl / Rex International

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soojinhou ( Date: 30-Apr-2014 19:44) Posted:

Aberdeen123 ( Date: 30-Apr-2014 19:37) Posted:

My posting did not mention abt their sucess rate based on their technology.Why ask me?You shld attend their AGM and ask the appropriate person.

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30-Apr-2014 19:40

Rex Intl / Rex International

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Agreed with you.

Aberdeen123 ( Date: 30-Apr-2014 19:37) Posted:

My posting did not mention abt their sucess rate based on their technology.Why ask me?You shld attend their AGM and ask the appropriate person.

soojinhou ( Date: 30-Apr-2014 19:31) Posted:

Sure, if you can kindly point me to the announcement which conclusively proves that their technology works.

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30-Apr-2014 19:18

Rex Intl / Rex International

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Get yr facts right.Go back and read their past announcements before posting something what you think it shld be..

soojinhou ( Date: 30-Apr-2014 19:06) Posted:

How are major oil exploration companies going to buy them out if the technology is unproven? Rex prefer to keep their technology secret and chose not to file any patent, which, in my opinion, if the technology is as good as they claim, is the correct strategy. So, other than the 10 or so trials they performed before IPO, the drillings they are performing now or in their pipeline are the real tests. They hit oil on the 2nd attemp in Oman, that' s 50% success rate, the rate they promised in their IPO. This is a Catalist stock, it' s either a wonderful opportunity or a dud, but please talk a bit of sense lah.

interfact ( Date: 29-Apr-2014 23:02) Posted:

If its technology is so great I believe Rex would have taken over by major exploration company long time ago.Bcos they are small and new player hence have to come out something to make them like a nich player to suck in retailers..

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30-Apr-2014 11:37

Rex Intl / Rex International

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Let me remind you guys this company is not into production hence dont expect big profit.

The CEO alrdy revealed that before.They have no money to go into production.Drilling and exploration alrdy cost them so much.It will probably end up like ramba looking for miniority stake holder to come in later.

NAV only abt 18c.(USD13c)

RoundRound ( Date: 30-Apr-2014 09:46) Posted:

Capital investments, resource deployments, they are going for the mid (around 2 to 3 yrs) to long haul return. If this share price can hold up above 60 cents, then when black gold start to shoot up at its so many wells, so will this share price. For high risk investors only, not for steady dividend plays.

interfact ( Date: 30-Apr-2014 09:33) Posted:

Just to sum up....1Q14 net loss of US$2.5m, attributed to US$1.6m in admin expenses on its rapid expansion in operations and additional headcount in the Singapore office, as well as US$1.5m share of losses from jointly controlled entities predominantly on start-up costs.

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30-Apr-2014 09:33

Rex Intl / Rex International

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29-Apr-2014 23:02

Rex Intl / Rex International

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sheerluck ( Date: 29-Apr-2014 22:31) Posted:

REX hasn' t demonstrated any creditable earning yet. Everything is " potential" . I thought their unique selling point is their wonderful exploration technology so I am expecting a high hit rate. Are they looking at the wrong place or their tech isn' t that great after all?

With a NAV of US16cts and dropping current price still presented too much risk that is to me. DYDD

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28-Apr-2014 22:32

HPH Trust USD / HPH Trust US$

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Any dividend this time rd?

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28-Apr-2014 11:04

Auric Pacific / Any advice on this stock?

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Wow that was 2 years old news.I think it is a calculated move by CEO to buy own shares to shore up its prices.Dont forget AP does not have deep pockets like SMRT to open or revamp retails outlets as she likes as before.I do not see this as a growing company.Sell and move on to better consumer stock will be a better move.

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28-Apr-2014 10:54

Wilmar Intl / Wilmar - Watch for a Strong Rally to Come!

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Wilmar should make more acquistions to grow otherwise it looks like a stagnant stock.

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28-Apr-2014 10:42

Rex Intl / Rex International

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You are right.It is still losing money since day 1.Result shld be out soon and expect more selling pressure if it cannot deliver.

JustGreat ( Date: 27-Apr-2014 10:53) Posted:

Thousands of UOBKH remisiers stuck with Rex? No wonder they set such a high target price but will never reach because they keep selling once the price came up a bit.

teeth53 ( Date: 27-Apr-2014 10:46) Posted:

Their target clear liao for some, some still stuck like their thousand of Remisers (bo pian), with the angmo (London counter part) coming in with their TP@$1.19c.They also rising their.

Happi speculating n hav a nice weekend.

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25-Apr-2014 15:45

Top Global / TopGlobal

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sitting duck.nia

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25-Apr-2014 13:21

CSE Global / CSE Global

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Huat ah...chicken still laying eggs.

A hen holding a tray of eggs ? Stock Vector #21848489

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1 Corinthians 14:38 says 38 But if any man be ignorant, let him be ignorant.

1 Corinthians 14:38 says ³⁸But if any man be ignorant, let him be ignorant.