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SAVIORFOREVER Supreme	12-Aug-2021 08:54        SAVIORFOREVER About Contact  Quote this Post!
x 0   x 0  Alert Admin	Retailers here very strong. Trade with awareness and DYODD
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SAVIORFOREVER Supreme	12-Aug-2021 08:49        SAVIORFOREVER About Contact  Quote this Post!
x 0   x 0  Alert Admin	Very little shortsellers in Rex. Shortists likely to get burnt at this time. Trade with caution no contra buy no short and DYODD NhcNeo      ( Date: 12-Aug-2021 08:42) Posted: Inducing short sellers to come SAVIORFOREVER      ( Date: 12-Aug-2021 08:00) Posted: Bid Bid Vol(K) Ask Ask Vol(K) 0.235 2,064 0.240 2,354 0.230 4,371.8 0.245 5,498.7 0.225 5,241.5 0.250 8,987.6 0.220 4,405.7 0.255 10,191.5 0.215 7,080.8 0.260 4,807.6 0.210 2,769.7 0.265 5,416.9 0.205 3,430.8 0.270 4,326.5 0.200 5,295.1 0.275 2,870 0.199 10 0.280 1,735 Trade with caution no contra buy no short and DYODD
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NhcNeo Member	12-Aug-2021 08:42        NhcNeo About Contact  Quote this Post!
x 0   x 0  Alert Admin	Inducing short sellers to come SAVIORFOREVER      ( Date: 12-Aug-2021 08:00) Posted: Bid Bid Vol(K) Ask Ask Vol(K) 0.235 2,064 0.240 2,354 0.230 4,371.8 0.245 5,498.7 0.225 5,241.5 0.250 8,987.6 0.220 4,405.7 0.255 10,191.5 0.215 7,080.8 0.260 4,807.6 0.210 2,769.7 0.265 5,416.9 0.205 3,430.8 0.270 4,326.5 0.200 5,295.1 0.275 2,870 0.199 10 0.280 1,735 Trade with caution no contra buy no short and DYODD
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SAVIORFOREVER Supreme	12-Aug-2021 08:00        SAVIORFOREVER About Contact  Quote this Post!
x 0   x 0  Alert Admin	Bid Bid Vol(K) Ask Ask Vol(K) 0.235 2,064 0.240 2,354 0.230 4,371.8 0.245 5,498.7 0.225 5,241.5 0.250 8,987.6 0.220 4,405.7 0.255 10,191.5 0.215 7,080.8 0.260 4,807.6 0.210 2,769.7 0.265 5,416.9 0.205 3,430.8 0.270 4,326.5 0.200 5,295.1 0.275 2,870 0.199 10 0.280 1,735 Trade with caution no contra buy no short and DYODD
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makdatok Supreme	12-Aug-2021 07:43        makdatok About Contact  Quote this Post!
x 0   x 0  Alert Admin	Got chance to enter again at any significant dip
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PQTPQK Supreme	12-Aug-2021 07:25        PQTPQK About Contact  Quote this Post!
x 0   x 0  Alert Admin	Oil up again SAVIORFOREVER      ( Date: 12-Aug-2021 07:17) Posted: File claim only. Maybe court might throw it out of the window. Must always DYODD in business. Trade with awareness and DYODD peterwong321      ( Date: 11-Aug-2021 22:37) Posted: Wow legal case better run
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SAVIORFOREVER Supreme	12-Aug-2021 07:17        SAVIORFOREVER About Contact  Quote this Post!
x 0   x 0  Alert Admin	File claim only. Maybe court might throw it out of the window. Must always DYODD in business. Trade with awareness and DYODD peterwong321      ( Date: 11-Aug-2021 22:37) Posted: Wow legal case better run
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PhillipTan Supreme	12-Aug-2021 03:59        PhillipTan About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Ivory Coast' s national oil company files claim against Rex International units Petroci Holding, Ivory Coast' s national oil company, has filed a claim against two subsidiaries of Singapore oil and gas company Rex International. The two subsidiaries are the fully-owned subsidiary Rex Oman Limited and the 86.37-per-cent-owned unit Masirah Oil (MOL). The claim, which also names certain past and present MOL directors, arises out of the alleged conduct of MOL' s affairs, which led to a dilution of Petroci' s interest in MOL as a partner and minority shareholder. Petroci holds an effective interest of 1.83 per cent in MOL, and Swiss investment advisory firm Schroder & Co Banque holds 8.82 per cent. Petroci filed the claim on Aug 5, 2021 before the High Court of the British Virgin Islands. Rex Oman and MOL received a statement of claim on Aug 10 and are taking legal advice, Rex International said in a bourse filing on Wednesday. Dan Broströ m, Rex International' s executive director and chairman, said: " The company is of the view that the claims and allegations against Rex Oman and MOL are frivolous, baseless and unmeritorious. Rex Oman and MOL will respond strongly and take all measures necessary to resist and refute these frivolous, baseless and unmeritorious claims and allegations." The company has assessed that there will be no material financial impact from the claim, he said. Shares of Rex International closed at 23.5 Singapore cents on Wednesday, up 0.5 cent or 2.17 per cent.
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stanip Veteran	11-Aug-2021 23:49        stanip About Contact  Quote this Post!
x 0   x 0  Alert Admin	It looks like it is just a disgruntled minority shareholder claim...and Petroci Holding is a competitor to Rex.
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stanip Veteran	11-Aug-2021 22:54        stanip About Contact  Quote this Post!
x 0   x 0  Alert Admin	But of course, there will be legal cost required for Rex to defend their case... stanip      ( Date: 11-Aug-2021 22:51) Posted: Rex should have consulted legal for an opinion and for a risk assessment before disclosing this claim to public. If the risk is high, Rex is required to make a cost provision in the upcoming earnings announcement. Reading the announcement, " the Company is of the view that the claims and allegations are frivolous, baseless and unmeritorious. Rex Oman and MOL will respond strongly and take all measures necessary to resist and refute these frivolous, baseless and unmeritorious claims and allegations. The Company assesses that there will be no material financial impact from the claim." My bet: it is highly unlikely that Rex would make any cost provision for this claim. ie. No P& L impact.    ysh2006      ( Date: 11-Aug-2021 19:31) Posted: Rex was given a claim by some companies the amount not disclose think maybe large amount they didn't said if small Rex will quickly mentioned already..
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stanip Veteran	11-Aug-2021 22:51        stanip About Contact  Quote this Post!
x 0   x 0  Alert Admin	Rex should have consulted legal for an opinion and for a risk assessment before disclosing this claim to public. If the risk is high, Rex is required to make a cost provision in the upcoming earnings announcement. Reading the announcement, " the Company is of the view that the claims and allegations are frivolous, baseless and unmeritorious. Rex Oman and MOL will respond strongly and take all measures necessary to resist and refute these frivolous, baseless and unmeritorious claims and allegations. The Company assesses that there will be no material financial impact from the claim." My bet: it is highly unlikely that Rex would make any cost provision for this claim. ie. No P& L impact.    ysh2006      ( Date: 11-Aug-2021 19:31) Posted: Rex was given a claim by some companies the amount not disclose think maybe large amount they didn't said if small Rex will quickly mentioned already... SAVIORFOREVER      ( Date: 11-Aug-2021 17:15) Posted: Why closing always got thrown down? Good sign contra buyers throwing? Trade with caution and DYODD
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SAVIORFOREVER Supreme	11-Aug-2021 22:42        SAVIORFOREVER About Contact  Quote this Post!
x 0   x 0  Alert Admin	Are you buying 235 tomorrow to see 300? I'm selling 270 for over $500 profit. Trade with awareness and DYODD Sgvale      ( Date: 11-Aug-2021 21:49) Posted: Potential 0.30. 0.23 too cheap!
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peterwong321 Veteran	11-Aug-2021 22:37        peterwong321 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Wow legal case better run
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jesmarnew Senior	11-Aug-2021 22:35        jesmarnew About Contact  Quote this Post!
x 0   x 0  Alert Admin	Coming to your bumper results time....Rex fmanagement chu pattern leow....everyday some small announcement...one thing common all burning cash away...first some investment never say amount that will start contribution only 2023...then now kana sue for an undisclosed sum which should be large if not why no say....all these will eat into its bottomline thru either investment or provision....so expect red bottomline (some jokers here still dreaming of dividends haha)....prob may need to call rights to get cash to prepare for court losses and investment.....expect it to be dumped below 20cts when results out....nothing unusual so no SGX query but typical of Red....relax njoy watching this opera folks!!! Some people just never learn...must see the coffin then can shed tears!!!! Good luck!!!
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SAVIORFOREVER Supreme	11-Aug-2021 22:07        SAVIORFOREVER About Contact  Quote this Post!
x 0   x 0  Alert Admin	Tomorrow price up? Trade with caution and DYODD ysh2006      ( Date: 11-Aug-2021 19:31) Posted: Rex was given a claim by some companies the amount not disclose think maybe large amount they didn't said if small Rex will quickly mentioned already... SAVIORFOREVER      ( Date: 11-Aug-2021 17:15) Posted: Why closing always got thrown down? Good sign contra buyers throwing? Trade with caution and DYODD
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Sgvale Supreme	11-Aug-2021 21:49        Sgvale About Contact  Quote this Post!
x 0   x 0  Alert Admin	Potential 0.30. 0.23 too cheap!
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PhillipTan Supreme	11-Aug-2021 21:20        PhillipTan About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Rex International unit acquires 20% interest in two North Sea exploration licences Oil exploration and production company Rex International announced on Wednesday that a 90 per cent-owned subsidiary, Lime Petroleum, has acquired a 20 per cent stake in two exploration licences in the North Sea. It said that Lime inked a deal with Norwegian fuel exploration company AkerBP to take a 20 per cent interest in licences PL867 and PL867B in the North Sea, pending regulatory approval. Rex said exploratory drilling is expected to commence in late-2022. The planned well will target a large prospect called Gjegnalunden, with a reservoir in the traditional Jurassic section. Apart from the stake in the two licences, Lime additionally signed a call option for the right to a 20 per cent farm-in to licence PL1041, also in the North Sea. The option, Rex says, must be exercised before Oct 1, 2021. If the company chooses to exercise the call option, drilling for oil in PL1041, targeting the Lyderhorn prospect, is expected to begin in November this year. Commenting on the acquisitions, Rex International executive chairman Dan Broströ m said these are in line with the oil group' s efforts to build up its reserves and resources portfolio, while Lime' s chief executive Lars Hü bert said the company is looking forward to leveraging Rex' s virtual drilling technology to tap infrastructure-led exploration into a " highly prolific" part of the North Sea. Shares of Rex International were trading at 23.5 Singapore cents as at 9.13am on Wednesday, up 0.5 cent or 2.2 per cent.
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ysh2006 Supreme	11-Aug-2021 20:38        ysh2006 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Not much forumers interested in this stock ?
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ysh2006 Supreme	11-Aug-2021 19:31        ysh2006 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Rex was given a claim by some companies the amount not disclose think maybe large amount they didn't said if small Rex will quickly mentioned already... SAVIORFOREVER      ( Date: 11-Aug-2021 17:15) Posted: Why closing always got thrown down? Good sign contra buyers throwing? Trade with caution and DYODD
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rlong8288 Master	11-Aug-2021 19:27        rlong8288 About Contact  Quote this Post!
x 0   x 0  Alert Admin	The Board of Directors (the &ldquo Board&rdquo ) of Rex International Holding Limited (the &ldquo Company&rdquo ) wishes to announce that Petroci Holding (&ldquo Petroci&rdquo ), had on 5 August 2021, filed a claim against the Company&rsquo s subsidiary, Rex Oman Limited (" Rex Oman" ), 86.37% subsidiary Masirah Oil Limited (&ldquo MOL&rdquo ), and certain past and present directors of MOL in the High Court, Commercial Division of the British Virgin Islands, in connection with the alleged conduct of MOL&rsquo s affairs, which led to a dilution of Petroci&rsquo s interest in MOL as a partner and minority shareholder. Rex Oman and MOL have received a statement of claim from Petroci dated 5 August 2021 on 10 August 2021 and the companies are currently taking legal advice with respect to the next steps to be taken. The Company is of the view that the claims and allegations against Rex Oman and MOL are frivolous, baseless and unmeritorious. Rex Oman and MOL will respond strongly and take all measures necessary to resist and refute these frivolous, baseless and unmeritorious claims and allegations. The Company assesses that there will be no material financial impact from the claim. As the matter is before the court, the Company will
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