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9381-9400 of 9826
Yes a very good example last month just as SMM finished the merger meeting of KOM with SMM, UOBKH and CIMB came out a fresh report as buy target price 19c ,but now almost half price of target....
wehuattogether88 ( Date: 21-Mar-2023 14:47) Posted:
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They have a share buyback mandate, but they are more interested to put
money in " interested parties" transactions which have little current value to the company
than to support the share price. Despite the price falling precipitiously over the last
few months, not even a squeak about share buy back. Hope they may be jolted into
action soon. Once price goes below 10c, may be too little too late.
money in " interested parties" transactions which have little current value to the company
than to support the share price. Despite the price falling precipitiously over the last
few months, not even a squeak about share buy back. Hope they may be jolted into
action soon. Once price goes below 10c, may be too little too late.
wehuattogether88 ( Date: 21-Mar-2023 15:16) Posted:
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Yeah, but do not expect to drop all the way to their TP.
I think can nimble a bit at current price, get a bit more if it goes down further, REX mgt is not stupid, they will not let their share price to keep going down, they have a threshold to support and buy back.
I think can nimble a bit at current price, get a bit more if it goes down further, REX mgt is not stupid, they will not let their share price to keep going down, they have a threshold to support and buy back.
ahberngh ( Date: 21-Mar-2023 15:10) Posted:
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nobody dare to buy now..i am queing at 110
My guess is UOB and its proxies are buying on the way down to 10c.
Shortists will probably start covering at 10c.
I will start buying once it goes below 11c.
Just my opinion, please dyodd.
Shortists will probably start covering at 10c.
I will start buying once it goes below 11c.
Just my opinion, please dyodd.
Well Shortists start working at REX, but they might got carry away and the BBs will come in to scoop UP.
Yes. quite true.. this UOB tried to trash Nano to $1.02 when it was already sold down badly to $1.18 after downgraded by other banks.. Mkt ignored their tgt & swing much higher thereafter.. all the issues cited now are already known..
Rex mgt definitely got do much better than this..
Rex mgt definitely got do much better than this..
When they (analysts for their banks and funds) say sell, it is better that you start buying.
It is on a higher risks but no risk no gain for REX, the more fear, the higher the rewards.
It is on a higher risks but no risk no gain for REX, the more fear, the higher the rewards.
REX managed to only eke out a small profit in 2022 despite average oil prices jumping 42% yoy due to poor oil production performance. Importantly, the company?s two interested party transactions into drone and medical technology, both of which are unrelated to the company?s core upstream oil and gas business, may be of concern to investors. Downgrade to SELL. Lower target price to S$0.10.
ratz... uobkh is woke
t- rex pr has failed to impress whether the drones, med is complementing the core biz, n if so.. how?
as most have come to conclude these r some pet projects that the inner circle kids with carefree ah kong $ have fun with,
mgt really nids to mature up
event horizon is now near...
t- rex pr has failed to impress whether the drones, med is complementing the core biz, n if so.. how?
as most have come to conclude these r some pet projects that the inner circle kids with carefree ah kong $ have fun with,
mgt really nids to mature up
event horizon is now near...
moneynoenough ( Date: 21-Feb-2023 17:31) Posted:
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Also add my questions:
1) Rex have touted high tech software supposed to be good at locating oil, how come
so few exploration activities (as far as I am aware just one exploaratory well recently which was unsuccessful)
in Oman Block 50 which is estimated to have about 4B barrels
of oil waiting to be discovered. Instead, buy old mature fields.
2) Times are bad, so why waste money and time to go into drones and drugs which
are probably not likely to give any profits in the foreseeable future. Just dead weights.
3) Management some time ago said Rex is in a sweet spot, so complacent but could
not fully capitalise on high oil prices above $100. Rex curently not in a sweet spot but
from what I can see, a sour spot.
1) Rex have touted high tech software supposed to be good at locating oil, how come
so few exploration activities (as far as I am aware just one exploaratory well recently which was unsuccessful)
in Oman Block 50 which is estimated to have about 4B barrels
of oil waiting to be discovered. Instead, buy old mature fields.
2) Times are bad, so why waste money and time to go into drones and drugs which
are probably not likely to give any profits in the foreseeable future. Just dead weights.
3) Management some time ago said Rex is in a sweet spot, so complacent but could
not fully capitalise on high oil prices above $100. Rex curently not in a sweet spot but
from what I can see, a sour spot.
boringguy ( Date: 20-Mar-2023 16:13) Posted:
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12 series liao
Shortist laughing to the bank....
Those bought when oil hit 100 plus
Now cry no tears
Biggest winners if you sold above 35
Now 12/13 also nobody wants to buy
See will go single digit penny or not
As oil situation is very unfavourable
Now cry no tears
Biggest winners if you sold above 35
Now 12/13 also nobody wants to buy
See will go single digit penny or not
As oil situation is very unfavourable
More than 70% drop from their high at 0.48 which was a year ago only. Hope the Rex management are sleeping well.
boyboy61 ( Date: 20-Mar-2023 15:34) Posted:
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i think there are few question need management to answer.
1. production stop for 6 months, what is the issues and root cause for it ?
2. SLA for the recover issues on the production.
3. how can it be during oil price at 100 and stop production and the recover time taking so long. is human being or what?
4. what is the last maintenance report they perform ?
1. production stop for 6 months, what is the issues and root cause for it ?
2. SLA for the recover issues on the production.
3. how can it be during oil price at 100 and stop production and the recover time taking so long. is human being or what?
4. what is the last maintenance report they perform ?
Shareholders can write to Rex Investor Relation email [email protected] to questions Rex Int or to SIAS( Securities Investors Association (Singapore) ) at [email protected] for their advice.
13.7.....going to 12 series.....pathetic.....about quarter of value since hit high of 48 about a year ago
Rex management totally hopeless.
Investing in business that are not profitable which are owned by people who are related to them.
Investing in business that are not profitable which are owned by people who are related to them.
Management is complacent.
In bad times like this, they should not be looking into expanding into areas
for which there is no chance of making profits.
Rather, there should be focus on creating cash flow, increasing output to guard against
crisis situations.
In bad times like this, they should not be looking into expanding into areas
for which there is no chance of making profits.
Rather, there should be focus on creating cash flow, increasing output to guard against
crisis situations.