Latest Forum Topics /
Rex Intl
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Rex revival
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Fluffyclouds
Master |
23-Nov-2020 16:44
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Loaded more. Coming! | ||||
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SAVIORFOREVER
Supreme |
23-Nov-2020 16:37
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Think you didn't do your maths.
Just go calculate the profits for 3rd quarter based on brent crude USD45 and production cost per barrel same as 2nd quarter then say. Trade with awareness and DYODD
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benjidog
Supreme |
23-Nov-2020 16:23
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those who waited .... are you happy? hope some did take $ when can hope more good come waiting |
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SCL1961
Senior |
23-Nov-2020 16:06
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Oil exploration need time and money. If Oman oil field continue to produce 8k (if more, it's bonus) barrel daily and able to sell it at average USD45, it should be able to finance the expenses with big profits for next financial year..
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SAVIORFOREVER
Supreme |
23-Nov-2020 15:53
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What will happen if Rex still cannot find more oil next year?
Do you still remember they mentioned about finding oil in September in the 1st half report? Now almost end November and yet to find big oil reserves. Trade with awareness and DYODD
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SCL1961
Senior |
23-Nov-2020 15:53
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USA45 = SGD60 X 8000 b/d X 182 days = $88 mil - ($25 mil (1st half lost + $40mil (3 & 4 qtr exploration cost) = $23 mil. Of cos all these are calculations base on known fact.
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SAVIORFOREVER
Supreme |
23-Nov-2020 15:41
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Depends on whether how long you can hold.
Trade with awareness and DYODD
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SAVIORFOREVER
Supreme |
23-Nov-2020 15:38
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Can you show how you derived the positive full year results?
1st half over 20 million dollars loss 3rd quarter after minus exploration and drilling still positive? 4th quarter after minus projected exploration and drilling still positive based on brent crude USD 45? Do you know the production cost for 3rd quarter? Cannot assume the same cost as 2nd quarter. Any increase will eat into the profit margin. Trade with integrity and DYODD
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SCL1961
Senior |
23-Nov-2020 15:06
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If oil price stabilised at USD 45@8000 barrel/day, Rex full year report should be positive. Next financial report for 21/22, Rex will be doing very very well. Now the counter price will roller coaster but I will ignored it . Will be holding my position till then. Hope my $1 dream will come true. God bless.
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danielle
Veteran |
23-Nov-2020 15:04
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Q at 155, m i too ambitious?   |
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SAVIORFOREVER
Supreme |
23-Nov-2020 13:56
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Naked shortists in trouble?
Trade with caution no contra no short and DYODD |
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weishent
Elite |
23-Nov-2020 13:47
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Rex one day recover all the drop for the past mth.  | ||||
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SAVIORFOREVER
Supreme |
23-Nov-2020 13:17
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Bid Bid Vol(K) Ask Ask Vol(K)
0.149 50 0.150 3,116.1 0.148 1,145.7 0.151 1,253.7 0.147 1,360.3 0.152 2,366.3 0.146 1,183 0.153 1,018 0.145 981 0.154 1,327.5 0.144 908.1 0.155 1,448 0.143 750 0.156 1,223 0.142 1,305 0.157 288.5 0.141 877.2 0.158 788.6 0.140 845.2 0.159 321.9 Trade with caution and DYODD |
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weishent
Elite |
23-Nov-2020 12:54
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Wonderful. Pin me when you going in again. huat ah
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guards80
Supreme |
23-Nov-2020 12:07
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Yes in last friday. Saw breakout 141 with high vol and Q sell 151 then when to sleep and hear sms 151 filled 👍 👍 👍
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SAVIORFOREVER
Supreme |
23-Nov-2020 11:51
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Up fast and down faster?
Trade with caution and DYODD |
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Fluffyclouds
Master |
23-Nov-2020 11:49
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Long term 200 Yes, next likely is 155
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guards80
Supreme |
23-Nov-2020 11:47
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SMM retracement not sure what why push up so fast. | ||||
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trademaster
Supreme |
23-Nov-2020 11:39
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watch 144 support
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danielle
Veteran |
23-Nov-2020 11:38
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155?
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