Latest Forum Topics /
Rex Intl
Last:0.072
-0.002
|
|
|
The next chapter
|
|||||
|
Chansenghoe1971
Elite |
30-Oct-2023 08:51
|
||||
|
x 0
x 0 Alert Admin |
Let us see if Rex can play some catch up and cover some lost ground | ||||
| Useful To Me Not Useful To Me | |||||
|
petson
Master |
30-Oct-2023 07:38
|
||||
|
x 0
x 0 Alert Admin |
looks like weekend war is a non event. arabs are just making noise only and iran don't want to be bombed. Oil is down still... have to see rate hikes and recession i guess | ||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
Chansenghoe1971
Elite |
29-Oct-2023 13:31
|
||||
|
x 0
x 0 Alert Admin |
Not sure about RH, but I am also sure it will also be one of the beneficiaries. I believe Rex has been oversold. As what you stated, the prices ironically tanked and when the Israeli tanks started moving in over the weekend, it should re visit 0.18 easily. But nobody knows the dynamism. We will see tmr | ||||
| Useful To Me Not Useful To Me | |||||
|
petson
Master |
29-Oct-2023 09:22
|
||||
|
x 0
x 0 Alert Admin |
looks like RH is a better deal as arab nation oil maybe curbed and sanction affecting sales.. but ukraine war affects oil more .Guess the narket knows best as rwx price drop from inspite of israel war. | ||||
| Useful To Me Not Useful To Me | |||||
|
Chansenghoe1971
Elite |
29-Oct-2023 08:51
|
||||
|
x 0
x 0 Alert Admin |
True again and as shared, Iran may be in a stealth mode. Well? Watch out for Hezbollah in the north, supported by Syria. Syria is an axis of Russia. Oil price will be sensitive to geopolitical movement there, not coming down anytime soon. This will also benefit clean energy companies such as Seatrium.
Like ppe stocks which benefit during Covid, oil-related stocks will be the beneficiaries during such wars. In any crisis, there exist opportunities.
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
petson
Master |
29-Oct-2023 08:03
|
||||
|
x 0
x 0 Alert Admin |
guess arab world needs the oil revenue, iran is afeaid its nuclear facility being bombed, no other country wants to mess with israel, a nuclear power.maybe thats why oil did not spike to $120 like ukraine war.oil may just play around 80 to 90 with intrest rate rising and recession looming...dydd
|
||||
| Useful To Me Not Useful To Me | |||||
|
Chansenghoe1971
Elite |
29-Oct-2023 05:15
|
||||
|
x 0
x 0 Alert Admin |
True. That is why Iran may be (behind) and not necessarily head-on confrontation. This is a complex war.. a tit-for-tat and violence begets violence war. Will be one of its kind. In any war, especially in the oil-sensitive region of Persian Gulf, oil is likely to be culprit but in this case the casualty.
|
||||
| Useful To Me Not Useful To Me | |||||
|
petson
Master |
29-Oct-2023 00:18
|
||||
|
x 0
x 0 Alert Admin |
maybe iran make noise only, no arab nation wants their place bombed and iran knows US and israel justcwaiting for an excuse to bomb the nuclear facilities . Looks more like Hamas is on its own. If ukraine have nuclear arms like Israel, dun tink russia dare to attack..
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
Chansenghoe1971
Elite |
28-Oct-2023 17:22
|
||||
|
x 0
x 0 Alert Admin |
This war is unlikely to end until the next US presidential election. It may or should I say will escalate further. Syria and Yemen are established adversaries of Israel. Iran may be behind this and if so, there runs a risk to Persian Gulf that controls a substantial amount of global oil flow. Not many Arab states have pipeline that can circumvent the Persian Gulf. I think Saudi is one of them. So the impact on oil will just escalate. Oman may be unscathed and this is where most of Rex oilfield is located. Geographically, it seems Oman is advantageous, skirting the Persian gulf. So I am bullish on Rex | ||||
| Useful To Me Not Useful To Me | |||||
|
piscesmonkey
Supreme |
28-Oct-2023 16:31
|
||||
|
x 0
x 0 Alert Admin |
Israel stepped up its ground and air offensive in the Gaza Strip overnight, rejecting the United Nations&rsquo demand for a humanitarian truce. https://www.cnbc.com/2023/10/28/israel-hamas-war-gaza-live-updates.html |
||||
| Useful To Me Not Useful To Me | |||||
|
petson
Master |
28-Oct-2023 16:07
|
||||
|
x 0
x 0 Alert Admin |
looks like Israel is just playing siege and wait while supplies runs out. Nobody dares to attack as Israel is a nuclear state unlike ukraine which was disarmed of nuclear weapons.Looks like oil will not be affected and recession fear will be a hang. dydd | ||||
| Useful To Me Not Useful To Me | |||||
|
Chansenghoe1971
Elite |
28-Oct-2023 15:35
|
||||
|
x 0
x 0 Alert Admin |
If you observe the past trend of Rex, there is a bb working behind. Good news out, no movement but accumulation first with lots of sell q, then it will explode after awhile. Bad news like the uobkh sell call, it allows it to plunge at a level with a big push subsequently. The boss does care about the share price than a lot of other listco. All aside, this type of industry is red hot now due to Middle East crises, company wise, it will be flushed with cash due to tax rebate, it is correlated with oil price so no reason not to scale back 0.19 NTA price. Now that there is a new discovery. More good news?
Anyway, oil related stocks should be above NTA per share. My views.
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
petson
Master |
28-Oct-2023 15:09
|
||||
|
x 0
x 0 Alert Admin |
iit usually start with accumulation, then......
|
||||
| Useful To Me Not Useful To Me | |||||
|
Chansenghoe1971
Elite |
28-Oct-2023 14:36
|
||||
|
x 0
x 0 Alert Admin |
I am new here but old time investor or punter. Rex is good to go.
Saw accumulation on Friday 169/170. Fake sell queues till 175. Next week will test 180. My pov. |
||||
| Useful To Me Not Useful To Me | |||||
|
Stocky901
Supreme |
28-Oct-2023 14:20
|
||||
|
x 0
x 0 Alert Admin |
Short = Contra = Gamble = Slow Death 💀 💀
|
||||
| Useful To Me Not Useful To Me | |||||
|
petson
Master |
28-Oct-2023 09:50
|
||||
|
x 0
x 0 Alert Admin |
looks like alot of noise while israel just keep bombardment & raids. i tink no arab nation wants to get involve
beesides some small skirmishes as they know Israel still hold the "samson option" unlike b4 during the 6 day war..Hamas is now choke of fuel , sun tzu ping fa..
b4 they attack..maybe one more week? Time is on israel side..thats why oil did not surge like ukraine war as oversupply may kick in as recession looms...dydd...just an opinion
|
||||
| Useful To Me Not Useful To Me | |||||
|
Damnshiok
Master |
27-Oct-2023 22:00
|
||||
|
x 0
x 0 Alert Admin |
Gambler mentality 
|
||||
| Useful To Me Not Useful To Me | |||||
|
piscesmonkey
Supreme |
27-Oct-2023 19:57
|
||||
|
x 0
x 0 Alert Admin |
Iraqi Shia leader Muqtada al-Sadr calls for closure of US embassy Iraq?s powerful Shia leader Muqtada al-Sadr has called for the closure of the US embassy in Iraq over the United States? ?unfettered support of Israel?. In a post on X, he called upon the government and the parliament to vote for the closure. He also urged his followers not to act in the meantime, and to wait for instructions if the government and parliament failed to act. | ||||
| Useful To Me Not Useful To Me | |||||
|
TeoMark
Veteran |
27-Oct-2023 19:34
|
||||
|
x 0
x 0 Alert Admin |
No board never mind. Have to SL at 172. Lose 2 pips.
|
||||
| Useful To Me Not Useful To Me | |||||
|
piscesmonkey
Supreme |
27-Oct-2023 17:46
|
||||
|
x 0
x 0 Alert Admin |
Like that oil $300 liao haha😆
|
||||
| Useful To Me Not Useful To Me | |||||

