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Haha this one I play play prepare to lose knowing its link to blumont. But it severe all ties liao hopefully got upside and when tide turns (don't know when seriously) maybe can earn?
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Come on Ipco, close 2 cents today please.
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Lousy stock. Cannot take it anymore. Just sold all. Understand the risk so no complaint. Valuable experience at the price of few K.
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Old news leh.
marina888 ( Date: 26-Dec-2013 10:16) Posted:
CNOOC assigns Jasper Explorer to drill oil offshore Congo (Brazzaville)
Friday, 25 January 2013 10:38
The drilling program for wells in the project will take about 100 days.
Offshore drilling contractor Jasper Offshore has announced that its subsidiary, Jasper Drilling Pte Ltd, has signed a contract with CNOOC Congo SA for conducting drilling operations offshore Congo (Brazzaville).
According to the agreement, which was signed on 21 January 2013, Jasper Drilling will deploy a drillship, Jasper Explorer, to aid CNOOC Congo SA?s drilling operations offshore Congo.
The Jasper Explorer will drill two firm wells and one option well offshore Congo. The drilling program for the two firm wells will take about 100 days, excluding any well testing.
The contract value, based on the programme duration for the two firm wells and mobilisation and demobilisation fees, has been estimated to be approximately US$33 Millions (Sing $41 Millions).
The contract commencement will be in the first half of March 2013 when the rig will depart from its current location in Spain.
Drilling will be expected to start in late March 2013.
Jasper Inv has other building services business, other than offshore oil & gas. With last qtr profits announced and the company is going to book $41 millions revenue earned from this contract, together with other revenues, this FY is expected to be a good year for the company. Share price at 0.052 is low and this laggered oil & gas share price must move up now in tandem with vallianz, charisma and otto marine. Accumulate.... |
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I predict on Monday Ipco will trade intra day high of .2cents and close at .19 cents.
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Come on Ipco!! For a moment thought it will close 1.8 cents today. Heavily vested should have threw all the money into Vallianz instead! But look like you have improved day by day and I don't mind hold the shares for long long time.
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If can realise 6.2 cents I don't mind hold for as long as 1 year. Hopefully it move up slowly but surely.
Rosesyrup ( Date: 09-Dec-2013 18:01) Posted:
Vested too.
Price go up cos:
- Profit warning expected.
- Blumont starts recovering.
Hope this solve the mystery.
Still waiting for 6.2cents.
HVRRVH ( Date: 09-Dec-2013 17:57) Posted:
| Profit warning and the share price go up? It's a strange world but I am not complaining. Vested. |
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Profit warning and the share price go up? It's a strange world but I am not complaining. Vested.
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Why keep promoting this stock? You said it once traded at above $1/-, have meh?
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Rex is granting share option to key employees. at 65c and 52c if I remember correct. The option is exerciseable in 1 and 2 years time from now respectively with valid period of 10 years. So it is in the interest of the employees to make sure the share price go up as much as possible within 2 to 10 years? I am sure if I keep the shares for 10 years the price should appreciate? hmm....
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Hopeless rex now volume so thin and not moving. Kena stuck bobian I will just cold storage it and look at it again in new year.
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Marriage deal? DMA CFD traders also can deal during pre closing. Agree it seems strange. Wait see what happen tomorrow. Won't be letting go this stock no matter what though since bought at low price and now is CD time.
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Tomorrow if hit .7 I don't know to hold or run. Should I wait for Oman oils or run... Don't know ah mong can be trusted or not. Rex also included in Msci index but didn't mean a thing right?
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Pleasant surprise at the closing! Intra day at one stage like going below 1.61. Regret didn't buy more few months back at 1.35. Wasted,
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Tomorrow may close around 68 or 69, or so I hope haha
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Ask a newbie question. If I short sell at 61 cents and buy back before market close at 58 cents. Any penalty from SGX?
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Intellectual property
dc16888 ( Date: 19-Nov-2013 10:58) Posted:
Hi, what is IP rights? Thks in advance.
Angel555 ( Date: 19-Nov-2013 10:54) Posted:
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well, its the nature of the company n its biz. it does not own assets, but IP rights. |
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Another day of poor performance. High volume with sliding price. Doesn't look good but since taken profit from the previous high of .94 I will still hold and see what happen after 3 months. Hopefully it is not a wrong decision. Sigh...
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Since share placement rex drop like banana money. Valliance also share placement but price go up and hold steadily. Rex better generate revenue fast before investors losing patience and confidence. The positive of all this is the D, SS and CEO did not sell. CEO of noble is also now on the D board. Hopefully good news from Oman operation soon. If no oil found sure kee chia this stock. Now just tong and hope.
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The problem is rex has no revenue. Which mean never do business one, still setting up shop. Only beginning of next year will have good news from Oman. Meanwhile, test of holding power and with deeper pocket, might want to add more while the price is depressed.
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