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mikethong88 Elite	24-May-2020 09:18        mikethong88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	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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mikethong88 Elite	24-May-2020 08:57        mikethong88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	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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mikethong88 Elite	24-May-2020 08:39        mikethong88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	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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luckyboy22 Supreme	24-May-2020 08:36        luckyboy22 About Contact  Quote this Post! Style: Flexible
x 0   x 0  Alert Admin	Sad to say Papayaface you may be right because. How does Rex able to pay those directors & staff salaries when they are not even selling any oil or transacting any business? I see the share price swinging up and down?  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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mikethong88 Elite	24-May-2020 08:29        mikethong88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	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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papayaface Supreme	24-May-2020 08:10        papayaface About Contact  Quote this Post!   Yells: "This is the best time to enter....when everythings uncertain"
x 0   x 0  Alert Admin	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. guards80      ( Date: 23-May-2020 22:16) Posted: Think soon coming. Maybe due to covid19 alot thing delayed
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mikethong88 Elite	24-May-2020 06:36        mikethong88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	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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guards80 Supreme	23-May-2020 22:16        guards80 About Contact  Quote this Post!
x 0   x 0  Alert Admin	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     guards80      ( Date: 23-May-2020 20:55) Posted: Can see dow closing u know liaoz if global issue that means dow will deep re
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papayaface Supreme	23-May-2020 21:37        papayaface About Contact  Quote this Post!   Yells: "This is the best time to enter....when everythings uncertain"
x 0   x 0  Alert Admin	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     guards80      ( Date: 23-May-2020 20:55) Posted: Can see dow closing u know liaoz if global issue that means dow will deep red papayaface      ( Date: 23-May-2020 20:54) Posted: No la. Its a domestic issue. Oil price will continue to go up as more countries eager to lift lockdowns. Good luck
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guards80 Supreme	23-May-2020 20:55        guards80 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Can see dow closing u know liaoz if global issue that means dow will deep red papayaface      ( Date: 23-May-2020 20:54) Posted: No la. Its a domestic issue. Oil price will continue to go up as more countries eager to lift lockdowns. Good luck   luckyboy22      ( Date: 23-May-2020 20:02) Posted: Scary la this china-HK issue. Will Rex px be dragged down
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papayaface Supreme	23-May-2020 20:54        papayaface About Contact  Quote this Post!   Yells: "This is the best time to enter....when everythings uncertain"
x 0   x 0  Alert Admin	No la. Its a domestic issue. Oil price will continue to go up as more countries eager to lift lockdowns. Good luck   luckyboy22      ( Date: 23-May-2020 20:02) Posted: Scary la this china-HK issue. Will Rex px be dragged down? StevenKan      ( Date: 23-May-2020 13:51) Posted: How all the stocks movement next week still much depend on the impact of security law that CN is imposing on HK. How HK citizens & Mr. DT are reacting over the weekend are critical. At least DOW Futures are in green at closed time. Cross finger!!!
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luckyboy22 Supreme	23-May-2020 20:02        luckyboy22 About Contact  Quote this Post! Style: Flexible
x 0   x 0  Alert Admin	Scary la this china-HK issue. Will Rex px be dragged down? StevenKan      ( Date: 23-May-2020 13:51) Posted: How all the stocks movement next week still much depend on the impact of security law that CN is imposing on HK. How HK citizens & Mr. DT are reacting over the weekend are critical. At least DOW Futures are in green at closed time. Cross finger!!!
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StevenKan Master	23-May-2020 13:51        StevenKan About Contact  Quote this Post!
x 0   x 0  Alert Admin	How all the stocks movement next week still much depend on the impact of security law that CN is imposing on HK. How HK citizens & Mr. DT are reacting over the weekend are critical. At least DOW Futures are in green at closed time. Cross finger!!!
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guards80 Supreme	23-May-2020 13:19        guards80 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Something big good news coming? luckyboy22      ( Date: 23-May-2020 12:55) Posted: Everyday also accumulating day by BBs. What' s going on?   guards80      ( Date: 23-May-2020 11:29) Posted: Next week should be going accumulating week. June big cut coming
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guards80 Supreme	23-May-2020 13:18        guards80 About Contact  Quote this Post!
x 0   x 0  Alert Admin
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luckyboy22 Supreme	23-May-2020 12:55        luckyboy22 About Contact  Quote this Post! Style: Flexible
x 0   x 0  Alert Admin	Everyday also accumulating day by BBs. What' s going on?   guards80      ( Date: 23-May-2020 11:29) Posted: Next week should be going accumulating week. June big cut coming
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guards80 Supreme	23-May-2020 11:29        guards80 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Next week should be going accumulating week. June big cut coming
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guards80 Supreme	23-May-2020 11:22        guards80 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Japan refiners face larger-than-expected OPEC supply cuts for June: PAJ chief http://www.hellenicshippingnews.com/japan-refiners-face-larger-than-expected-opec-supply-cuts-for-june-paj-chief/
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mikethong88 Elite	23-May-2020 11:21        mikethong88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	rocket time for Rex
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guards80 Supreme	23-May-2020 11:14        guards80 About Contact  Quote this Post!
x 0   x 0  Alert Admin	June should be going to see $45. More cut coming stanleytay      ( Date: 23-May-2020 11:11) Posted: The fundamentals of oil is getting better. guards80      ( Date: 23-May-2020 10:56) Posted: U.S. Shale Cuts Production Deeper And Faster Than Expected http://finance.yahoo.com/news/u-shale-cuts-production-deeper-220000665.html
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