Rex is dying.
Trade with caution no contra buy and DYODD
Trade with caution no contra buy and DYODD
Next strong support level is at 13c, based on 3-year chart.
TraderBen ( Date: 20-Mar-2023 12:58) Posted:
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wah morning i see 149.. now 141
Check the co s oil production report, it has been declining.  Yuma oilwell is now half of its descread volume.
Basically, co is pumping from old wells...
Basically, co is pumping from old wells...
Possible only if oil goes below $50..🧐
SAVIORFOREVER ( Date: 16-Mar-2023 11:08) Posted:
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Got chance, not entering yet, will try at technical rebound for small kopi money.
SAVIORFOREVER ( Date: 16-Mar-2023 11:08) Posted:
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Will we see below 10c?
Trade with caution no contra buy and DYODD
Trade with caution no contra buy and DYODD
Last done 0.156. Mati?
Trade with caution no contra buy and DYODD
Trade with caution no contra buy and DYODD
Kana scammed liao
ahberngh ( Date: 27-Feb-2023 20:58) Posted:
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Rex is a company with great potential but with management which leaves a lot to be desired.
Hope in the next financial year, management can up their game.
 
Hope in the next financial year, management can up their game.
 
Year on Year Rex share price dived 58.8% and Brent oil only less than 1%?..what?s next?
The last time at 0.17x was in 2021 when Brent was at $60-$65??.
Did company find any new oil field?
Trade with caution and DYODD
Trade with caution and DYODD
sengkang ( Date: 27-Feb-2023 15:06) Posted:
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Company has issued profit warning. Let' s see and analyse the actual results coming out soon.
The present price weakness is indicative of immediate production challenges given current crude oil prices of US$80+ levels.
What management says on its forward outlook is helpful for investing decisions.
 
The present price weakness is indicative of immediate production challenges given current crude oil prices of US$80+ levels.
What management says on its forward outlook is helpful for investing decisions.
 
SAVIORFOREVER ( Date: 27-Feb-2023 14:44) Posted:
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Is company doing OK?
Trade with expectation and DYODD
Trade with expectation and DYODD
sengkang ( Date: 27-Feb-2023 10:23) Posted:
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At the peak of 40+ c March last year, good news were gradually discounted.
Now at the present levels of 17+c  (approx 40% of peak), I guess all the negative news will be eventually discounted.
I supposed shrewd investors will be re-evaluating and awaiting for signals and timing to re-vest again.
Cyclical stock behaviour, quite normal.
Now at the present levels of 17+c  (approx 40% of peak), I guess all the negative news will be eventually discounted.
I supposed shrewd investors will be re-evaluating and awaiting for signals and timing to re-vest again.
Cyclical stock behaviour, quite normal.
SAVIORFOREVER ( Date: 27-Feb-2023 09:33) Posted:
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Time have shown the colours of Rex.
Just remember those who shouted 100.
Trade with awareness and DYODD
Just remember those who shouted 100.
Trade with awareness and DYODD
When good news over, all news will look bad.
when all bad news over, any news become good news
we just went thru that for inflation, even new housing start went -9.1%
US index up.
when all bad news over, any news become good news
we just went thru that for inflation, even new housing start went -9.1%
US index up.
ysh2006 ( Date: 17-Aug-2022 07:50) Posted:
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Everyday wait ?oil price, result, well production all bad news , now any more thing thing to look forward ?
teeth53 ( Date: 16-Aug-2022 21:15) Posted:
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Two-way risk for oil as a decision on JCPOA nears?
Oil prices are sliding once more after tumbling on Monday following some woeful Chinese data.
☆ 》 The unexpected MLF rate cut from the PBOC may have further spooked traders as it?s unlikely to have any positive impact and just looked a little desperate. Throw in the country?s disappointing refinery data ? with output falling to 12.53 million barrels per day ? and things aren?t looking particularly good in the world?s second-largest economy. ?
☆ 》 It?s hard to say how much of a factor the Iran nuclear talks are as a deal looks both close and unlikely depending on who?s talking. It?s possible that with an agreement or not imminent, the potential for a deal is being priced in which creates two-way risk for the oil price if a final announcement does come this week. But the primary driver of the weakness, which could keep prices around $90 or lower is the threat of recession around the world and the Chinese lockdowns.