Latest Forum Topics /
Rex Intl
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STI to cross 3000 boosted by long-term investors
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iluvgambling
Master |
16-Jun-2021 14:26
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can someone tell me what stocks or asset class to play for inflation ? 
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weishent
Elite |
16-Jun-2021 13:36
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Halted for 2 days. looks like really big news and action coming | ||||
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Barcalo
Master |
16-Jun-2021 13:07
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Nah... No chance lah. Manipulated counter.
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stanip
Veteran |
16-Jun-2021 13:02
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RH Petrogas jumped 7x in past 1 month... It will be a huge win for all Rex shareholders to see even a portion of this 7x coming to Rex. Waiting to see the Rex announcement... 
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weishent
Elite |
16-Jun-2021 12:04
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https://www.theedgesingapore.com/capital/brokers-calls/rh-petrogas-and-rex-international-benefit-increase-crude-oil-prices-rhb | ||||
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weishent
Elite |
16-Jun-2021 12:02
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Broker's Calls
RH Petrogas and Rex International to benefit from increase in crude oil prices: RHB |
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yamseng
Supreme |
16-Jun-2021 11:47
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if the CEO will to steps down, REX will chiong to the sky !! just look at the past few years, he always likes to time the oil market.   |
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benjidog
Supreme |
16-Jun-2021 10:58
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The best news is still potential target for takeover. On its own, Rex had limited ability to take advantage of Oman and Norway. Their business model is to use Oman oil production and the profits from selling the oil to self fund further development of Oman 50. Norway is like sideline money for their Rex oil finding technology. So, if you are main shareholders and founding fathers of Rex, what is best deal? Of course, it is to sell to interested parties through one firm or other of takeover. I have mooted this idea of takeover a long time ago, as a way for all of us, whether new or older investors in Rex, to get out of this company. The only issue is the takeover price which will affect the take-up rate to a takeover offer. Low ball = low take up rate. IPO price was 50cents. And some people may have shares at above 65 cents, while some hold shares as low as 7.5cents.
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benjidog
Supreme |
16-Jun-2021 10:47
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It is not easy to change from fossil fuels to renewables.
It will take significant time and a crazy lot of money needs to be spend for the right infrastructure to be in place. Before that, likely that O&G majors and all other related business, both upstream and downstream, will want to make as much money as possible to recoup their capital before any switch. Renewables will not come about without fossil fuels becoming expensive otherwise, simple economics will tend to favour the cheaper energy source.
So no need for the Green debate here...yes...renewables will be the next phase...good for us and the world's environment, but....just not today or anytime soon.
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ahberngh
Elite |
16-Jun-2021 09:53
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Current trend, majority of investors are putting money into renewable fuels. Much less people willing to dump money into fossil fuels because it is a sunset industry. However, it may take 20-30 years for electric vehicles to really displace petrol ones. In the meantime, with less investment in fossil fuels, there is going to be a shortage, and price will increase. This interim years for transition from fossil to renewable is going to be very profitable for comapnies like Rex. Just my thoughts, I may be wrong. Brent now touching $74, I think $80 may not be too far away.i |
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kt3152
Supreme |
16-Jun-2021 09:33
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Unlikely as this kind of news don't need more than one day halt.... I may be wrong though...
Just hope that it is a solid good news....
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yamseng
Supreme |
16-Jun-2021 09:32
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what if opening matching GAP UP at 22 cents !! everyone huat ah !! |
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weishent
Elite |
16-Jun-2021 09:26
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This is the most possible. lets go REX
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ahberngh
Elite |
16-Jun-2021 09:26
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Even if low ball takeover, minority shareholders can unite to defeat it, if they want to. Rex has total shares of 1,302,321,000 with a free float of 53.6%. With such a large free float, it is not diificult to prevent the takeover, if there is a will.  
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vinc3362
Member |
16-Jun-2021 09:19
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Similar thoughts as you.  Let' s hope it is not a lowball takeover.
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yamseng
Supreme |
16-Jun-2021 09:13
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may announce full swing into production !! 30000 bpd | ||||
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ahberngh
Elite |
16-Jun-2021 08:59
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From my experience, a long halt usually resuls in takeover. With the recent trend, hopefully if takeover, it is not low ball, but I am pessimistic. I invest in Rex for long terms substantial gains, not for small low ball profit. Keep fingers crossed that is is not takeover. Just my opinion, I may be totally wrong .
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weishent
Elite |
16-Jun-2021 08:48
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Looks like BIG news for REX. need to halt to 2nd day.  | ||||
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blesskeemun
Master |
16-Jun-2021 07:56
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WE ARE HIRING !! JOB TITLE: Offshore Field Manager          LOCATION: Yumna Field &ndash Block 50 Offshore Oman JOB DESCRIPTION: - Overall responsibility of Field operations including Mobile Offshore Production Unit (MOPU) and Storage Tanker. - Responsibility for the implementation of the company&rsquo s HSE Management System for offshore operations. - Compliance with the conditions stated on the Environmental Impact Assessment Approval for Block 50 and other regulations. REQUIREMENTS: - Bachelor&rsquo s degree in Petroleum, Chemical or Mechanical Engineering. - 15+ years' experience in offshore E& P operations. - Expertise in commissioning and operating Mobile Offshore Production Units - Experience in commissioning and operating offshore process equipment. - Experienced in managing offshore field logistics. - Experience in offshore tanker loading and discharging operations. - Fluency in English. APPLICATIONS: By email only to: [email protected] |
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papayaface
Supreme |
16-Jun-2021 07:09
Yells: "This is the best time to enter....when everythings uncertain" |
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Not to forget Interra Res, Mermaid, Ausgp, Dynamac etc etc will all cheong to the sky today like in US market. Huat huat oil. Good luck
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