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381-400 of 9971
Q123 likely to get.
Trade with caution and DYODD
Trade with caution and DYODD
UObkH called for 0.11
From 127 to 126 to 125 & now 123 you still ley long? 👍 👍
SAVIORFOREVER ( Date: 21-Feb-2024 16:21) Posted:
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That someone is ME.
ahberngh ( Date: 21-Feb-2024 14:53) Posted:
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125 lelong lelong.
Trade with awareness and DYODD
Trade with awareness and DYODD
After promoted to mainboard Rex became worse and not better. All wishful thinking!
ahberngh ( Date: 21-Feb-2024 14:53) Posted:
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If they ask for rights issue as someone said, this counter will be below 10c.
I for one will not throw good money after bad.
This management, I think, may run the compnay into the ground, maybe matter of time.
Just my opinion, I may be wrong. Please dyodd.
I for one will not throw good money after bad.
This management, I think, may run the compnay into the ground, maybe matter of time.
Just my opinion, I may be wrong. Please dyodd.
Now can buy 126.
Better wait for real bottom. Don't buy if cannot hold.
Trade with caution and DYODD
Better wait for real bottom. Don't buy if cannot hold.
Trade with caution and DYODD
No contra no short this counter will be a dead fish..🥱 🤨
SAVIORFOREVER ( Date: 21-Feb-2024 14:22) Posted:
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Anyone buying 127. Lelong llelong.
Trade with caution no contra buy no short and DYODD
Trade with caution no contra buy no short and DYODD
now 127/128
Wait for the magnitude of losses to assess the impact on book value
Resilient is the word for REX! 130/131 Huat Ahhh!
As long as low production in Oman Oilfield... unlikely to make profit due to their high operation and staff cost.
Just released production report for Jan 24 during lunch. Norway and oman production dropped slightly...oman 1732 barrels compared to May 23 4287 barrels is low.. like hitting limit already. Norway is still doing well more than 10000 bpd....
Selling over now and cautious buying is on.....
Such past impairment means company engaged in financial engineering
Take in big amount of goodwill or over valued an investment and now write off.
No matter what NTA will be reduced significantly
Like back to 0.16 region.
See I am right or not
Take in big amount of goodwill or over valued an investment and now write off.
No matter what NTA will be reduced significantly
Like back to 0.16 region.
See I am right or not
Joelton ( Date: 15-Feb-2024 13:43) Posted:
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Rex International falls 10% on heavy volumes after profit guidance
SHARES of Rex International dropped 10 per cent on heavy trading on Wednesday (Feb 14), after the group warned of net loss for FY2023.
As at 10.02 am, the counter fell S$0.015 to S$0.129, registering a ten-month low.
It picked up a bit at 10.49 am, trading down 9 per cent or S$0.013 to S$0.131. With 33.6 million shares traded, it stood as the second-most briskly traded counter.
After the market closed on Tuesday, the board of the upstream energy player said the group will expect losses mainly due to &ldquo non-cash items related to impairment of goodwill, oil and gas properties, and exploration and evaluation assets&rdquo , based on its preliminary review of the unaudited financials for the year.
Rex International : 5WH -11.11% noted in its profit guidance that it is still in the process of finalising the impairment assessment over its oil and gas properties and FY2023 results, which will be released on or before Feb 29.
Hope this is the case and not the more it produce the more it loss
bernardc ( Date: 15-Feb-2024 13:16) Posted:
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Correction..QTR production is at 11900 bpd
bernardc ( Date: 15-Feb-2024 13:16) Posted:
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