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Rex Intl    Last:0.072    -0.002

Rex revival

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Chansenghoe1971
    12-Mar-2024 13:15  
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Uobkh issued 8 cents.
Even lower than my 9 cents call.

Chansenghoe1971      ( Date: 28-Feb-2024 23:57) Posted:

So? NAV per share is $0.09 now.
Uobkh may be right after all.
Rex must go back to 9 series


Everyday      ( Date: 28-Feb-2024 23:26) Posted:

Rex reports increased revenue and strong EBITDA in FY2023 & bull Revenue of US$207.02 million
 
Adjusted EBITDA* of US$93.82 million
Cash, cash equivalents, quoted investments totalled US$114.04 million as at 31 December 2023
Loss after tax of US$69.36 million, mainly due to non-cash items of US$128.30 million for goodwill impairment for the Yme Field transaction, impairment loss on oil & gas properties and exploration & evaluation assets, and depletion from produced oil and gas properties 


https://links.sgx.com/1.0.0/corporate-announcements/L74RGF2PULM7GY8A/76283e759cc7172fca17238d67bf8be80b2ba50431f1fa89203eb9a1a4886791

 


 
 
piscesmonkey
    12-Mar-2024 11:07  
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Rex International Holding - 2023: Worse-than-expected results. Maintain SELL with a lower target price of S$0.08. (REXI SP/SELL/S$0.132/Target: S$0.08) Rex reported a large US$64m loss for 2023 with higher-than-expected depletion, and impairment of its oil & gas properties?
 
 
ahberngh
    11-Mar-2024 08:33  
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A high cost company.
Based on current production levels (esp with problems in Yumna fields),
profit is in doubt.
Needs new oil finds in  Oman, otherwise current cash hoard may not last
very long?
Just my opinion, please dyodd.
 

 
ysh2006
    10-Mar-2024 12:58  
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Oil price no up dropped 17c lag.. oil price up& down fast ....
 
 
Stocky901
    08-Mar-2024 16:45  
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Oil likely to surge further tonight.. o&g counters got chance to move further up.. 😊

Stocky901      ( Date: 06-Mar-2024 17:31) Posted:

It seems oil price has resumed uptrend movement. Hope this can push up a little bit REX & other O&M counters. 😁

 
 
luckyboy22
    08-Mar-2024 16:25  
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Last min chiong to 137 Huat ah!
 

 
Stocky901
    06-Mar-2024 17:31  
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It seems oil price has resumed uptrend movement. Hope this can push up a little bit REX & other O&M counters. 😁
 
 
TraderBen
    05-Mar-2024 15:54  
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can we be like japan' s nikkei? lol

ahberngh      ( Date: 05-Mar-2024 12:19) Posted:

For last 10 years or so, STI has been ranging about between 3000-3500.
For example, in March 2014, STI was 3129.
In March 2014, DOW was about 16,000.
Today STI is still about 3100' s, DOW is about 39,000.
It seems STI will never rise above the 3000-3500 range, maybe for the next 20 years  cryingsurprise.
What a junk bourse.

 
 
TraderBen
    05-Mar-2024 15:48  
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indeed it is a junk bourse.. 

ahberngh      ( Date: 05-Mar-2024 12:19) Posted:

For last 10 years or so, STI has been ranging about between 3000-3500.
For example, in March 2014, STI was 3129.
In March 2014, DOW was about 16,000.
Today STI is still about 3100' s, DOW is about 39,000.
It seems STI will never rise above the 3000-3500 range, maybe for the next 20 years  cryingsurprise.
What a junk bourse.

 
 
Stocky901
    05-Mar-2024 13:58  
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Shortists cover back higher.. 😡

Ramster      ( Date: 05-Mar-2024 13:42) Posted:

Careful this stock is dropping back to .12c....

 

 
Ramster
    05-Mar-2024 13:42  
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Careful this stock is dropping back to .12c....
 
 
ahberngh
    05-Mar-2024 12:19  
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For last 10 years or so, STI has been ranging about between 3000-3500.
For example, in March 2014, STI was 3129.
In March 2014, DOW was about 16,000.
Today STI is still about 3100' s, DOW is about 39,000.
It seems STI will never rise above the 3000-3500 range, maybe for the next 20 years  cryingsurprise.
What a junk bourse.
 
 
TraderBen
    05-Mar-2024 11:27  
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STI down for 10 straight days already.. even SSE is catching up..
 
 
luckyboy22
    05-Mar-2024 11:21  
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lai liao hosei liao  yes

luckyboy22      ( Date: 05-Mar-2024 11:14) Posted:

Can pick up some at 14?

 
 
luckyboy22
    05-Mar-2024 11:14  
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Can pick up some at 14?
 

 
Ramster
    05-Mar-2024 11:09  
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Now SHORTISTS at work
 
 
SAVIORFOREVER
    05-Mar-2024 10:54  
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Cha cha all the way to 12+?


Trade with BBs aka shortsellers and DYODD
 
 
SAVIORFOREVER
    05-Mar-2024 10:52  
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Contra buyers kena hook again.


Trade with caution no contra buy and DYODD
 
 
TraderBen
    05-Mar-2024 09:42  
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got it?

easywin      ( Date: 04-Mar-2024 14:41) Posted:

Waited at 42 can some one sell down? 

wehuattogether88      ( Date: 04-Mar-2024 13:18) Posted:

Join to long REX, worst is over.


 
 
TraderBen
    05-Mar-2024 08:03  
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Wtofay maybe have chance alrdy.. but u will wait at 138 this time?

easywin      ( Date: 04-Mar-2024 14:41) Posted:

Waited at 42 can some one sell down? 

wehuattogether88      ( Date: 04-Mar-2024 13:18) Posted:

Join to long REX, worst is over.


 
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