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13-Feb-2024 22:32

Rex Intl / The next chapter

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Should have sold today.

Everyday ( Date: 13-Feb-2024 21:21) Posted:

PROFIT GUIDANCE ON THE UNAUDITED FINANCIAL RESULTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2023

The Board of Directors (&ldquo Board&rdquo ) of Rex International Holding Limited (&ldquo Rex International Holding&rdquo , &ldquo Rex&rdquo or the &ldquo Company&rdquo , and together with its subsidiaries, the &ldquo Group&rdquo ) wishes to inform shareholders of the Company that the Group is expected to report a net loss for the financial year ended 31 December 2023 (&ldquo FY2023&rdquo ). Based on the preliminary review of its draft unaudited consolidated financial results for FY2023, the Group expects losses mainly due to non-cash items related to impairment of goodwill, oil and gas properties and exploration and evaluation assets. The Group is still in the process of finalising the impairment assessment over its oil and gas properties and its results for FY2023. Further details of the Group&rsquo s performance will be provided when it releases the unaudited consolidated financial results for FY2023 on or before 29 February 2024. In the meantime, shareholders of the Company are advised to exercise caution when dealing in the shares of the Company. Persons who are in doubt as to the action they should take should consult their stockbrokers, bank managers, solicitors, accountants or other professional advisers.

https://links.sgx.com/1.0.0/corporate-announcements/O4Y1Z6OEB3PJEQD7/a025404a7e210f9e6aa20321533b6fef47f7105a54b4a387b25fc51216686359

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13-Feb-2024 20:17

Seatrium / SembM Re-Born Rich

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👍 huat r!

vicloo ( Date: 13-Feb-2024 20:03) Posted:

Possible, 12c... the very 1st quarter seatrium report profit and dividend... we shall charge towards 20c hahaha 🤟 🤟 👍

Chansenghoe1971 ( Date: 13-Feb-2024 19:22) Posted:

Why not 12

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13-Feb-2024 19:22

Seatrium / SembM Re-Born Rich

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Why not 12?

vicloo ( Date: 13-Feb-2024 13:38) Posted:

When Strategic review outcome is released, it can shoot back to 11+c easy, which CEO said within 1H of 2024.

Updated 8 November 2023, 19:26
Singapore?s offshore and marine heavyweight Seatrium expects to make a net loss for the 2023 financial year following its acquisition of compatriot Keppel Offshore & Marine, even though the company anticipates its operational and financial performance will continue to improve.

Asked when the company expected to return to profitability, Seatrium chief executive Chris Ong told Upstream: ?Of course, we do not provide forecasts. But suffice to say I?ve always said that this is a merger of two big companies that are coming out from the tail end of a very prolonged downturn.?

He admitted that Seatrium has ?a lot of challenges around execution, executing the order book well, but we are all very focused at looking at the Ebitda [earnings before interest, tax, depreciation and amortisation], improving the Ebitda margin and controlling the costs?.

?And of course, getting the best operating leverage out of the two groups that have been merged. We hope to give you the good news sooner than later. But this is a work in progress,? Ong said.

On Wednesday, ahead of its nine-month 2023 business update, Seatrium confirmed that by the end of the year it would finalise the strategic review the company undertook following its acquisition of compatriot ? and former rival ? Keppel Offshore & Marine.

?The group plans to communicate the outcomes of the strategic review at its inaugural Capital Markets Day, which will be held within the first half of 2024,? Seatrium said.

tofudidi ( Date: 13-Feb-2024 13:26) Posted:

Going to touch 97 first. Oil price rising due to Israel war.. time for reversal hehehe

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13-Feb-2024 19:21

Medtecs Intl / Continuing the journey

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Heng I din know market open today.
Else I would sure short
Tmr I will short

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13-Feb-2024 19:20

Rex Intl / The next chapter

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Did not know market open today.
Nice.
Hope there is no rights and stuff.
135 should be lowest.

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09-Feb-2024 14:56

Seatrium / SembM Re-Born Rich

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Preparing loads of ammo.
The price is unbelievable
During rights time the lowest was 78 intra day if I remember.
Lots of stuckists from 15 to 9s. Me included now price is 91/92
Sorry for those who never get out those hoping for 20s.
May the year of dragon spouts fire

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09-Feb-2024 10:17

Seatrium / SembM Re-Born Rich

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Let it drop more
I am waiting

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09-Feb-2024 09:51

Rex Intl / The next chapter

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I believe there may be collection of the tax arears problem resulting in cashflow crunch
Rights should be imminent amid huge caoex involved and rights price may be about 9 to 11 region

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08-Feb-2024 20:22

Seatrium / SembM Re-Born Rich

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I will unfix my $10m FD to buy if 8

pkli899 ( Date: 08-Feb-2024 20:13) Posted:

Can 8.0?

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08-Feb-2024 19:12

Rex Intl / The next chapter

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I said about this brewing thing when it was 17 series when I detected algorithm
Now at 137 it s shocking
It s either drag down by Seatrium or indeed some bad news brewing due to the latest announcement
All vested to visit their office

boyboy61 ( Date: 08-Feb-2024 16:34) Posted:

There must be somethig brewing that we do not know in a negative way.....low of 13.7

Chansenghoe1971 ( Date: 08-Feb-2024 13:48) Posted:

They paid dividend last financial year
I expect them to pay the same

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08-Feb-2024 19:09

Seatrium / SembM Re-Born Rich

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A surprise level.

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08-Feb-2024 14:44

Chasen / Chasen holdings could be the next big multiplier

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ADD PETROL!

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08-Feb-2024 13:50

Aspen / Aspen

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My short queue at 51 and 52

wooncs8870 ( Date: 08-Feb-2024 13:47) Posted:

I shorted at 0.048

noobnub ( Date: 08-Feb-2024 13:44) Posted:

what price ah? give the audience a guid

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08-Feb-2024 13:49

Seatrium / SembM Re-Born Rich

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Noted with thanks

Tob231 ( Date: 08-Feb-2024 11:29) Posted:

孙子兵法得意忘形
来者不善善者不来
Aha aha .... watch 91 .... it has been released ... wait for the news

Chansenghoe1971 ( Date: 08-Feb-2024 11:21) Posted:

Added another 30% ammo 91
Balance wait at 8 if any.

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08-Feb-2024 13:48

Rex Intl / The next chapter

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They paid dividend last financial year
I expect them to pay the same

MtFaber ( Date: 08-Feb-2024 09:57) Posted:

Q no 1. Will there be a dividend this coming reporting?

Chansenghoe1971 ( Date: 08-Feb-2024 09:54) Posted:

Go to their office
You may talk to him personally or over phone
He is nice and approachable

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08-Feb-2024 11:21

Seatrium / SembM Re-Born Rich

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Added another 30% ammo 91
Balance wait at 8 if any.

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08-Feb-2024 09:54

Rex Intl / The next chapter

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Go to their office
You may talk to him personally or over phone
He is nice and approachable

Sgvale ( Date: 08-Feb-2024 09:29) Posted:

Co. never say anything

Chansenghoe1971 ( Date: 07-Feb-2024 15:47) Posted:

The only one I lost now.
Frankly sadly about it

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08-Feb-2024 09:52

UGHealthcare / UGHealthcare share worth keeping?

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Big losses last year.
If profitable they have to announce profit guidance
If loss still, they may also need to guide
If more losses all the more needed for profit warning
Next week should have the guidance

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08-Feb-2024 09:50

Aspen / Aspen

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Your money your decision
Not for me
I have explained this enough

wooncs8870 ( Date: 08-Feb-2024 09:30) Posted:

Can buy at current price or not, bro?

Chansenghoe1971 ( Date: 07-Feb-2024 22:51) Posted:

Nope
I don want to end up holding bag for him
I am waiting for chance to short

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07-Feb-2024 22:51

Aspen / Aspen

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Nope
I don want to end up holding bag for him
I am waiting for chance to short

Grubber ( Date: 07-Feb-2024 22:21) Posted:

so you buy or not

Chansenghoe1971 ( Date: 07-Feb-2024 16:28) Posted:

Agree with you on this
But beware of holding bags for Datuk.

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