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clear $0.145 and $0.148 then discuss bro
guards80 ( Date: 26-May-2020 14:31) Posted:
Uf tonight close above $35. Tmr rex above 150?
mikethong88 ( Date: 26-May-2020 14:31) Posted:
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7.5 millions sellers can be cleared within few minutes, bro
luckyboy22 ( Date: 26-May-2020 14:27) Posted:
How to break the 7.5 mil wall?? U may need a big bulldozer la 
mikethong88 ( Date: 26-May-2020 14:20) Posted:
| need to break the mild resistence of $0.145 first |
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Crude Oil WTI US$34.52
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hopefully can clear $0.145
guards80 ( Date: 26-May-2020 13:58) Posted:
Look like totally no retance. Maybe going break 145 soon
mikethong88 ( Date: 26-May-2020 13:55) Posted:
| need to break current resistence of $0.145 before tearing down the wall of $0.148. my personal view only |
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need to break the mild resistence of $0.145 first.
weishent ( Date: 26-May-2020 14:13) Posted:
| Lets push. Mr sgyuan .169 target |
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need to break current resistence of $0.145 before tearing down the wall of $0.148. my personal view only.
guards80 ( Date: 26-May-2020 13:53) Posted:
Now some retance abit before break 145
mikethong88 ( Date: 26-May-2020 13:52) Posted:
| if so, Rex will be above $0.15 series. huat a |
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if so, Rex will be above $0.15 series. huat ah
guards80 ( Date: 26-May-2020 13:52) Posted:
Maybe this friday above $40.
mikethong88 ( Date: 26-May-2020 13:49) Posted:
| Crude oil WTI US$34.39 +1.18 |
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Crude oil WTI US$34.39 +1.18
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Huat all. Countries opening up their economies and they all need oil to restart.
papayaface ( Date: 26-May-2020 11:46) Posted:
WTI still very strong le. $34.20 now, up nearly $1. It should reach $35 by the time Europe opens and push it up to $36. More upside to Rex in the afternoon. Huat 888. Good luck.
guards80 ( Date: 26-May-2020 11:22) Posted:
| Dow futures jump more than 300 points on hopes of a coronavirus vaccine |
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you are right bro.
sharing is caring.
if got enough to spare, share the joy with the poor and needy
benjidog ( Date: 26-May-2020 10:06) Posted:
what did I say?
those who were brave last week, congrats to you.
earn the $$$, remember what I said, enjoy with your loved ones, especially your family members...
any balance, give some to worthy causes and those who need.
Big gains on my double double down. Thanks to ah Heng....he talking today
benjidog ( Date: 25-May-2020 23:17) Posted:
| Nice and Green tomorrow morning |
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Rex going back to the $0.14 series
guards80 ( Date: 25-May-2020 19:59) Posted:
Price down due to hsi. Today all thot of deep red yet asia close green and dow +230 and oil +1%. Euro all green also
Bennytan23 ( Date: 25-May-2020 19:51) Posted:
Ordered 250k at 0.140.. huat huat arh..
BB will press the price down tmr? |
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you want to short is it?
luckyboy22 ( Date: 25-May-2020 13:29) Posted:
Oil prices have climbed nearly uninterrupted since late April, but the gains could be coming to an end. On Friday, oil prices fell sharply, hitting the pause button on a rally that saw WTI rebound from -$37 per barrel on April 20, to nearly $34 per barrel on May 21, a more than $70-per-barrel swing in just a few weeks. Of course, the plunge deep into negative territory was likely a unique, one-off phenomenon. Nevertheless, the rally back into (positive) $30 territory has been impressive.
Of note, China&rsquo s oil demand has climbed back to about 13 million barrels per day (mb/d), a swift rebound that undergirded improving market sentiment. With China&rsquo s demand back to about 90 percent of pre-pandemic levels, oil traders are clearly holding out hopes of a quick rebound elsewhere.
Meanwhile, the rapid shut in of production in North America combined with the OPEC+ production cuts has meant that the supply side of the equation is doing its part. More than 2.2 mb/d of U.S. oil production has been shut in, according to comments from the U.S. Secretary of Energy, a faster curtailment than expected. There has been a raft of investment bank forecasts that have predicted a supply deficit in the second half of 2020.
But the optimism surrounding the oil market, such as it is, may be going too far. On Friday, the Chinese government said that it would not offer up a GDP growth target for 2020, highlighting the serious challenges facing the world&rsquo s second largest economy. Beijing pointed to &ldquo great uncertainty&rdquo because of the coronavirus. The government also declined to undertake massive government stimulus in the same way that it did in the wake of the global financial crisis a decade ago.
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in stock market, anything can happens.
Need to do your own due dilligence.
If I am given a choice, i will rather risk my investment in Rex than Alliance Mineral.
papayaface ( Date: 24-May-2020 09:56) Posted:
True also but you won' t know. Alita' s debts ballooned after it took out a loan to mine its huge lithium reserves. Must therefore watch out for Rex even tho it has a cash hoard and any loan taken by its management would be a red light indicator, if that' s the case. Just a due diligence so that i won' t lose six digits again. Good luck
mikethong88 ( Date: 24-May-2020 09:18) Posted:
| Rex international is in the black for FY19 with no debts and cash balance of S$60+ millions.
How to compare Rex with Alliance Minerals. |
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my apology, their cash bslance is US$60+ millions not S$60+ millions
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Rex international is in the black for FY19 with no debts and cash balance of S$60+ millions.
How to compare Rex with Alliance Minerals.
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CATALIST-LISTED lithium miner Alita Resources, formerly known as Alliance Mineral Assets, on Thursday night said the Singapore Exchange had on Feb 18 noted that it "has no objections to the proposed delisting" of the company.
Among other things, Alita need not convene a general meeting to obtain shareholder approval for the delisting, nor provide an exit offer to shareholders. This is because an application has been made in the Australian court to transfer 100 per cent of the shares in Alita to a related entity of China Hydrogen Energy (CHE) for nil consideration.
Last month, BT reported that Alita was pursuing a restructuring in Australia, after accepting a binding A$70 million (S$64.9 million) loan facility from CHE. CHE has put forward a deed of company arrangement to acquire Alita's assets, though little is known about CHE, except that it is a special-purpose vehicle for a Chinese party.
Shareholders of Alita will see their investments go to zero, and about 100 of them are said to be fighting the takeover of their shares by the Chinese entity. One big question is whether Alita's board of directors may have breached continuous-disclosure requirements in the months before the firm ran out of cash.
In a regulatory filing on Thursday, Alita added that it will provide updates on the date and timing of the delisting in due course.
According to the Singapore bourse?s requirements, the deed administrators are also making arrangements for an information session with shareholders and will provide further details in due course through an announcement, the company said.
Alita shares have been suspended from trading since last August, after a collapse in prices for the battery commodity forced the firm to default on a A$40 million loan from its secured lenders.
mikethong88 ( Date: 24-May-2020 08:39) Posted:
To add on, Alliance minerals was suspended because it is continuously loss making company with mounting debts and low cash reserves. i will never invest in such a company.
papayaface ( Date: 24-May-2020 08:10) Posted:
| I hate to say this guys but didnt anyone ask the directors abt the status of the DOC at the recent AGM? After all they have enriched themselves with the 1st batch of performance bonus shares and now telling everyone about the next PSP? Honestly what' s the point of WTI price skyrocketing when this dinasaur cant even export a single barrel of their oil. Just a few months ago, many of us have been misled by the management of Alita Resources (Alliance Minerals) with promising developments and all of a sudden overnight were told that the Australian court had approved the transfer of the valuable mining assets of the company to a creditor chinese party & then the share got delisted & our investment became zero value. I hope Rex is not going to turn up the same way. Good luck |
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To add on, Alliance minerals was suspended because it is continuously loss making company with mounting debts and low cash reserves. i will never invest in such a company.
papayaface ( Date: 24-May-2020 08:10) Posted:
I hate to say this guys but didnt anyone ask the directors abt the status of the DOC at the recent AGM? After all they have enriched themselves with the 1st batch of performance bonus shares and now telling everyone about the next PSP? Honestly what' s the point of WTI price skyrocketing when this dinasaur cant even export a single barrel of their oil. Just a few months ago, many of us have been misled by the management of Alita Resources (Alliance Minerals) with promising developments and all of a sudden overnight were told that the Australian court had approved the transfer of the valuable mining assets of the company to a creditor chinese party & then the share got delisted & our investment became zero value. I hope Rex is not going to turn up the same way. Good luck
mikethong88 ( Date: 24-May-2020 06:36) Posted:
| i think so too. DOC should be on the way |
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simple answer to your doubts.
Sell or short if one has no confident in the performance and managementt of Rex.
Buy or long if one has confident in the performance and management of Rex.
Period.
papayaface ( Date: 24-May-2020 08:10) Posted:
I hate to say this guys but didnt anyone ask the directors abt the status of the DOC at the recent AGM? After all they have enriched themselves with the 1st batch of performance bonus shares and now telling everyone about the next PSP? Honestly what' s the point of WTI price skyrocketing when this dinasaur cant even export a single barrel of their oil. Just a few months ago, many of us have been misled by the management of Alita Resources (Alliance Minerals) with promising developments and all of a sudden overnight were told that the Australian court had approved the transfer of the valuable mining assets of the company to a creditor chinese party & then the share got delisted & our investment became zero value. I hope Rex is not going to turn up the same way. Good luck
mikethong88 ( Date: 24-May-2020 06:36) Posted:
| i think so too. DOC should be on the way |
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i think so too. DOC should be on the way.
guards80 ( Date: 23-May-2020 22:16) Posted:
Think soon coming. Maybe due to covid19 alot thing delayed.
papayaface ( Date: 23-May-2020 21:37) Posted:
| Dont understand why they dont announce the DOC yet. It' s expired since end 31/3/20. It should be very good cheonging news leh. Dont tell me it wasnt approved because the oil flow not sustainable or consistent ? Wonder if anyone asked that question to directors at recent AGM. Just my wild guess only. Good luck |
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rocket time for Rex
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