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Rex Intl    Last:0.072    -0.002

Rex revival

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Chansenghoe1971
    28-Feb-2024 23:57  
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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

 

 
 
Everyday
    28-Feb-2024 23:26  
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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

 
 
 
luckyboy22
    27-Feb-2024 15:02  
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you may be right  yes

wehuattogether88      ( Date: 27-Feb-2024 14:55) Posted:

I think the worst is over for REX. Expecting some positive updates from REX mgt when they announced their loss making FY23 results and at the same time give some insights into their FY24 prospects.

luckyboy22      ( Date: 27-Feb-2024 11:08) Posted:

at 12 cents now is it good to pick up some?


 

 
wehuattogether88
    27-Feb-2024 14:55  
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I think the worst is over for REX. Expecting some positive updates from REX mgt when they announced their loss making FY23 results and at the same time give some insights into their FY24 prospects.

luckyboy22      ( Date: 27-Feb-2024 11:08) Posted:

at 12 cents now is it good to pick up some?

 
 
wehuattogether88
    27-Feb-2024 11:54  
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Rex already announced that they will be making losses.
Price already factored in, now just wait for actual figures and also what are their plans for coming FY2024-25
 
 
luckyboy22
    27-Feb-2024 11:08  
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at 12 cents now is it good to pick up some?
 

 
Chansenghoe1971
    27-Feb-2024 09:57  
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Based on track record, if the results
Are not so bad or seem factored in,
The price may rocket within half a day.
Watching this.
I am re loading back.
 
 
luckyboy22
    27-Feb-2024 09:38  
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Prices looking so much better but dono can sustain or not as time goes by
 
 
TraderBen
    27-Feb-2024 05:32  
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Actually everywhere also hv.. there are bright sparks also ma. Look at semcorp.. ifast.. Frencken .. just need to do ur homework n wait for funds to come in ..

happyharvest      ( Date: 27-Feb-2024 02:06) Posted:

how come SGX has so many rotten stocks lol

 
 
happyharvest
    27-Feb-2024 02:06  
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how come SGX has so many rotten stocks lol
 

 
CoolAngler
    23-Feb-2024 18:00  
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This lousy mgt don' t give a damn on shareholders' interest... Think will get worst... Good Luck to those still holding...
 
 
Chansenghoe1971
    23-Feb-2024 17:37  
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It was hovering at 8/9 not long ago
uOBkh called for 11.

11 next week.
After results 8/9?
Rights?
Insolvency like noble or Ezra?
Who knows?
 
 
luckyboy22
    23-Feb-2024 16:16  
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Sorry it went down after briefly climbed a few pips. Today is as bad but hopefully
next week will be better.

Battle123      ( Date: 22-Feb-2024 18:13) Posted:

Yes, agreed
 
yesyes


luckyboy22      ( Date: 22-Feb-2024 09:39) Posted:

Today REX should fare better HUAT AH!


 
 
Battle123
    22-Feb-2024 18:13  
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Yes, agreed
 
yesyes


luckyboy22      ( Date: 22-Feb-2024 09:39) Posted:

Today REX should fare better HUAT AH!

 
 
Alignment
    22-Feb-2024 16:58  
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What a terrible company.
 

 
Chansenghoe1971
    22-Feb-2024 10:02  
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Calm before Storm ⛈ ️ ☔ ️ 🌊 🌊
 
 
luckyboy22
    22-Feb-2024 09:44  
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CF are pushing the px upwards!

luckyboy22      ( Date: 22-Feb-2024 09:39) Posted:

Today REX should fare better HUAT AH!

 
 
luckyboy22
    22-Feb-2024 09:39  
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Today REX should fare better HUAT AH!
 
 
Chansenghoe1971
    21-Feb-2024 18:32  
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Rex = next Noble? Or Ezra?

Seatrium = Olam?
 
 
SAVIORFOREVER
    21-Feb-2024 17:32  
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Below 10 sounds better.


Trade with expectation and DYODD

Chansenghoe1971      ( Date: 21-Feb-2024 16:40) Posted:

UObkH called for 0.11

 
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