Latest Forum Topics /
Rex Intl
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The next chapter
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Slowturtle
Senior |
29-Feb-2024 13:28
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Rex using its ' Black' Oil assets to mask the ' Red' Sea that it had spilled. See which scenario triumphs. | ||||
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tofudidi
Supreme |
29-Feb-2024 13:27
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patience patience.. time is ticking. i hope shortist help push all the way up to 150 hehehe | ||||
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boyboy61
Supreme |
29-Feb-2024 13:23
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From the posts, you will know who are the shortlists....Good luck | ||||
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Trainner
Master |
29-Feb-2024 09:52
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REX is good at exploration, when comes to production, they are horrible. It will be good for REX to continue the exploration, own the oil field and sub out the production. 
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Chansenghoe1971
Elite |
29-Feb-2024 09:47
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Will you pay for SOMETHING that is 30% premium when there is obvious corrosion but trumpeted by the sales promoter?
Think |
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MtFaber
Senior |
29-Feb-2024 08:04
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&ldquo Muscat, 29 February 2024: Masirah Oil Limited (&ldquo MOL&rdquo ) today announced the signing of a contract for the Energy Emerger jack-up drilling rig. The rig, operated by Northern Offshore Ltd, will perform a multi-well programme in the offshore Yumna Field in Block 50 Oman. The programme will consist of the drilling and completion of a new in-field well and the work-over of two existing production wells. The programme will commence in mid-March 2024. Mr Mike Hopkinson, General Manager of MOL, said, &ldquo We are very appreciative of the support and assistance from the Oman Ministry of Energy and Minerals, enabling us to secure the rig in a tight supply environment.&rdquo | ||||
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wehuattogether88
Supreme |
29-Feb-2024 07:36
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Rex already pre-informed of the losses in earlier guidance. Their share price already got hammered earlier.
Might move up now that the figures are out. Forward looking, their worst is over.
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kt3152
Supreme |
29-Feb-2024 00:46
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I think balance sheet is also ugly...
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Chansenghoe1971
Elite |
28-Feb-2024 23:59
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This is indeed UGLY set of results
NAV is now $0.09 from $0.18 Half of the value evaporated STRONG SELL
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Everyday
Elite |
28-Feb-2024 23:25
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Rex reports increased revenue and strong EBITDA in FY2023 &bull Revenue of US$207.02 million   Adjusted EBITDA* of US$93.82 million Cash, cash equivalents, quoted investments totalled US$114.04 million as at 31 December 2023 Loss after tax of US$69.36 million, mainly due to non-cash items of US$128.30 million for goodwill impairment for the Yme Field transaction, impairment loss on oil & gas properties and exploration & evaluation assets, and depletion from produced oil and gas properties  https://links.sgx.com/1.0.0/corporate-announcements/L74RGF2PULM7GY8A/76283e759cc7172fca17238d67bf8be80b2ba50431f1fa89203eb9a1a4886791   |
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wehuattogether88
Supreme |
27-Feb-2024 15:37
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think the worst is over for REX. Expecting some positive updates from REX mgt when they announced their loss making FY23 results and at the same time give some insights into their FY24 prospects.
Should be moving from the low point now |
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boyboy61
Supreme |
27-Feb-2024 15:03
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trying to break 12,3 | ||||
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boyboy61
Supreme |
21-Feb-2024 14:46
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Not so soon....if ever. If you think so, should load up now....12.5 cents | ||||
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godizion
Senior |
21-Feb-2024 08:44
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i think priced in liao .. once they settle and boost oil production .. it will soar ..   |
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TraderBen
Supreme |
21-Feb-2024 02:12
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Is this ur 1st year trading? Live with it. Insider tradings has been around since trading started. There is no way to stop these pple. Choose another counter and get on
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boyboy61
Supreme |
20-Feb-2024 19:36
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Below 10 after results?
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Chansenghoe1971
Elite |
20-Feb-2024 17:15
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Will be ugly set of results
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boyboy61
Supreme |
20-Feb-2024 16:07
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Awaiting results announcement...... | ||||
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Chansenghoe1971
Elite |
16-Feb-2024 12:36
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Why would there be short sellers when the company is good?
Any short sellers for banks? Even fundamentally strong companies like Tech companies as RS Micro Mechanics, UMS, Venture, who dare short? Only these they may have some insiders or deem corroding ones invite shorts.
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MtFaber
Senior |
16-Feb-2024 11:51
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Time for SGX to probe and freeze the short sellers.
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