Latest Forum Topics /
Rex Intl
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The next chapter
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CoolAngler
Senior |
28-Dec-2022 14:09
Yells: "Sky's The Limit!" |
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Looks like all the stars are aligned for rex to chiong... loaded...sit back & relax... enjoy the ride up... | ||||
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kt3152
Supreme |
28-Dec-2022 09:51
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Time to move up????..... | ||||
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Share7
Veteran |
23-Dec-2022 20:11
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REX SUBSIDIARY LIME PETROLEUM TO ACQUIRE KUFPEC&rsquo S 10% INTEREST IN THE REPSOL-OPERATED YME FIELD IN NORWAY - COMPLETION | ||||
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CoolAngler
Senior |
23-Dec-2022 17:03
Yells: "Sky's The Limit!" |
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Looks like dejavu all over again.. rex was .26 around this time last year & shot up to .485 by mar this year.. will see if history repeat itself.. not expecting same high this year.. will happy to see 50% upside from current price.. Happy holidays to all!  | ||||
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CoolAngler
Senior |
23-Dec-2022 16:05
Yells: "Sky's The Limit!" |
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I think this is the best moment to buy more Rex shares at year low.. Good prospects lie ahead.. hope to hear some +ve news on early january on more oil discovery.. hopefully can produce more oil with potential higher oil price for next year.. DYODD..    | ||||
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boyboy61
Supreme |
20-Dec-2022 14:51
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52-week low.............. | ||||
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ruready
Supreme |
10-Dec-2022 14:02
Yells: "Follow the micro penny , May be this is the last train" |
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Why don't just concentrate on drill oil project , drone need to burn money ,drill oil already burn so much of money from us, shareholders,why not just concentrate on oil searching ,why why why, make so many questions on that ,why | ||||
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MtFaber
Senior |
09-Dec-2022 14:08
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Rex has reported 1st Half 2022 Profits after tax of US$6.04m On 9th Nov 2022, Rex reported their 3rd qtr expenditure was US$40,832m and projected 4th qtr expenditure will be US$56,962m  In essense total est expenditure for 2nd Half 2022 will be US$107,794m Rex has to generate a revenue of at least US$108m to break even at the end of 2nd half 2022 Has anyone been keeping track of Rex' s production for the 2nd half of 2022?   |
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sengkang
Master |
09-Dec-2022 10:14
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Yeah. I am also puzzled. Maybe some guru here can explain.
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MtFaber
Senior |
09-Dec-2022 10:03
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If that is so, why Rex Int was allowed to pay their 1st Dividends?
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sengkang
Master |
09-Dec-2022 09:58
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Companies are not allowed to pay dividends when they have accumulated losses in their balance sheet. Capital reduction is to clean up the balance sheet so as to start clean slate. Thus after this exercise, they can pay out fresh divvy from current earnings to comply with the companies act.
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alantanqc89
Member |
09-Dec-2022 09:39
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Rex capital share reduction to reduce accumulate loss. What does that mean? can anyone enlighten me? | ||||
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ruready
Supreme |
08-Dec-2022 16:29
Yells: "Follow the micro penny , May be this is the last train" |
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???? Forget about it What happened | ||||
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ruready
Supreme |
08-Dec-2022 16:02
Yells: "Follow the micro penny , May be this is the last train" |
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Today 23 ppl buy | ||||
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wehuattogether88
Supreme |
08-Dec-2022 12:12
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HK considering doing away with mandatory covid testing on arrivals.
Now should consider oil related stocks as once HK consider full openings, China will be next in the pipe lines. |
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ssw518
Supreme |
01-Dec-2022 09:47
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last week down is coz by US higher drill well and China covid, but what is the px needed for US drill to be profitable, i remember many years back during Oil downturn is USD60, what you think for now? my guess USD72-75 range. that should give you a feel of the px till new changes evolve. Meanwhile anything below 235 a bargain. dyodd |
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pc1234
Member |
01-Dec-2022 09:34
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Don' t forget that REX also started to drilled  well in the Yumna Field, starting from 11 Nov 2022. This 60-day exploration should end on 9 Jan 2023. Hopefully, they will find new oil sources, and announce accordingly. With the new well, then REX can rump up its total oil productions.
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tongphlp
Supreme |
01-Dec-2022 05:40
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that is why I am also changing job to be a weather forecaster...won' t be wrong one...no need KPIs
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ysh2006
Supreme |
01-Dec-2022 05:36
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A lot of analysts said oil price may go up in winter time .. but now winter almost past oil at one stage drop below $80 ..
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ahberngh
Elite |
30-Nov-2022 14:56
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Oil embargo by EU on Russian oil on Dec 5 and EPEC meeting on Dec 4, these two events could determine big shifts in oil price.    |
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