Latest Forum Topics /
Rex Intl
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Wilmar - Watch for a Strong Rally to Come!
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benjidog
Supreme |
17-Nov-2019 21:58
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confident that lucky boy will get his $1000 dinner early Monday trading | ||||
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benjidog
Supreme |
17-Nov-2019 21:53
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maybe takeover rumours after test results out. probably mid Dec. fingers crossed
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TANPK123
Elite |
17-Nov-2019 21:51
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Tomorrow will down or up?? What will happen | ||||
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guards80
Supreme |
17-Nov-2019 21:43
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When tmr chiong up he will say good again lol
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guards80
Supreme |
17-Nov-2019 21:43
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Ausgroup i have 600lot at there 🚀 🚀 🚀
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gregtan123
Supreme |
17-Nov-2019 21:40
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This time he says not so good though but good to have many perspectives. As long as hav reasons to back it up. Guards besides rex, you have any other pennies?
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guards80
Supreme |
17-Nov-2019 21:32
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this one watch liaoz
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guards80
Supreme |
17-Nov-2019 21:31
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gregtan123
Supreme |
17-Nov-2019 21:26
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Guards, more william on REX:https://www.youtube.com/watch?v=KD5NsqKcqAk   |
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gregtan123
Supreme |
17-Nov-2019 20:44
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Agreed but I think SGX should be more pro-active and protective of our rights esp the normal mom and pop investors.
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Trader-101
Supreme |
17-Nov-2019 20:15
Yells: "Don't trust what i say, Trust your decisions. " |
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Nice one...sometimes as minority sharholders, cannot do anything one. What is given to us, we have to take it.
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gregtan123
Supreme |
17-Nov-2019 20:00
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Meanwhile, for thos interested and want a fun read. Here' s my 3689 word long Open Shareholder letter (with some legal claims, former lawyer here) to SGX, United Engineers, Yanlord, DBS. If Rex board ever does similar acts, rest assured I will also write in.  Link to read:  http://sharejunction.com/sharejunction/listMessage.htm?topicId=10815   |
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mustang
Senior |
17-Nov-2019 17:21
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Most monies are made from holding the right stocks and riding on the profits. | ||||
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air_ed20
Senior |
17-Nov-2019 17:13
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Well by all the quote, news, potential of rex I do think it's worth to hold and invest in long run, majorities only look at short term due to recent big rise and dive... Let's finger cross to open high | ||||
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mustang
Senior |
17-Nov-2019 16:08
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For selfish reason, i hope you are right  , but another 50% spike has to be supported by a catalyst, else this is not sustainable and raises the risk substantially for traders. Now if we sit back and ponder what catalyst can spark Rex Int into another ferocious run to 30c in the next 2 weeks, i cant think of any. There is no new drilling programme in the North Seas. The Well tests at Yumna field in Oman will commence in Dec 2019 and will be known only in Jan/Feb 2020. There is also another catalyst wrt to Oman Ministry of Oil and Gas taking a stake in the Yumna field. But i suspect they will wait until the completion of the Well tests to exercise that option. Then there is the subject of monetisation of the recent Shrek Discovery in the North Seas, but i dun think a decision would be made so soon. Another possible catalyst is a takeover of Rex Intl. Well this is possible, but if i want to buy over Rex Intl, i would wait for the results of the Well tests to assess its potentials before i table the proposal. Everythibg hinges on the Well tests in the Yumna field, and it is just a 2-3 months wait. 
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luckyboy22
Supreme |
17-Nov-2019 15:22
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no need to wait that long bcos by the end of Nov it will reach 30
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air_ed20
Senior |
17-Nov-2019 15:13
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I somewhat agreed on guard, yamsing and Greg believing the news by end 2019 and early 2020 would bring it up to 0.30x hence I'd reentrying this counter | ||||
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gregtan123
Supreme |
17-Nov-2019 13:25
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More good news about Trade Deal: Chiong AHHHHH https://www.reuters.com/article/us-usa-trade-china/china-u-s-had-constructive-phone-call-on-trade-xinhua-idUSKBN1XR01N |
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kt3152
Supreme |
17-Nov-2019 13:02
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Very well said. I am holding my paid up shares for the big day.
In the mean time just trade through buy on dip.... Huat to all the longists...
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mustang
Senior |
17-Nov-2019 11:42
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Just be patience, unless you are a contra trader then you are constraint by T+4 timeline. Do not forget Rex Intl has a very good run from 7.6 cents to a high of 20.5 cents. It need time to digest the recent gains, and it is very healthy. Rex Int needs to consolidate to build another base before the next leg up. Rex Intl has tremendous potentials esp with its Yumna field in Oman. No one knows how sizeable is this potentials, but you can probably make some observations and draw conclusion from your assessment of these observation. First, the Rex Int Managment has announced that after futher analysis of the Yumna field data, it has decided against farming out part of its stake to de-risk. It is very typical, especially for a very small upstream operator like Rex Int,  to de risk to manage its risk and exposure to the Yumna field. It is also a very tempting option. But why did Rex Intl Management decided otherwise??? Second, the Yumna field production facilities require huge capital investments. Why does Rex Int not go for the easy option such as Rights Issue or Private Shares Placement to raise such capitals? Infact, Rex Intl Management has openly stated it is against any financing options that has shares dilution impact. Why??? Obviously, it considers present Rex Intl share price is not fairly priced.... undervalue.  I think we should be thankful to have this Management team in Rex Intl who cares about its shareholders and preserves the value of the Coy.  Wait for the Well tests announcement which should be announced in January/February 2020. You may be pleasantly surprise by a BIG CNY ang pow.
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, but another 50% spike has to be supported by a catalyst, else this is not sustainable and raises the risk substantially for traders. Now if we sit back and ponder what catalyst can spark Rex Int into another ferocious run to 30c in the next 2 weeks, i cant think of any. There is no new drilling programme in the North Seas. The Well tests at Yumna field in Oman will commence in Dec 2019 and will be known only in Jan/Feb 2020. There is also another catalyst wrt to Oman Ministry of Oil and Gas taking a stake in the Yumna field. But i suspect they will wait until the completion of the Well tests to exercise that option. Then there is the subject of monetisation of the recent Shrek Discovery in the North Seas, but i dun think a decision would be made so soon. Another possible catalyst is a takeover of Rex Intl. Well this is possible, but if i want to buy over Rex Intl, i would wait for the results of the Well tests to assess its potentials before i table the proposal. Everythibg hinges on the Well tests in the Yumna field, and it is just a 2-3 months wait.