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The issue with Rex is more of a production and output challenge past 6 months resulting a financial loss for second half FY2022.
The first half FY2022 was actually profitable altho the full year results overall was a small loss attributable to shareholders.
The forward FY 1H2023 production and technical guidance don' t seems encouraging.
The company has diversified into drones and whatnot involving IPPT which is not good for minority SH.
Must monitor carefully and trade with care.
The first half FY2022 was actually profitable altho the full year results overall was a small loss attributable to shareholders.
The forward FY 1H2023 production and technical guidance don' t seems encouraging.
The company has diversified into drones and whatnot involving IPPT which is not good for minority SH.
Must monitor carefully and trade with care.
sadhu123 ( Date: 16-Mar-2023 11:54) Posted:
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Crude oil2023 Data - 1983-2022 Historical - 2024 Forecast - Price - Quote - Chart
Crude oil is expected to trade at 79.47 USD/BBL by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 88.47 in 12 months time.
How Low do u think crude oil can go...There is A War Going On Now...
Buy in more 142/143, Thank u for letting go Weak Hand or contra players =>
Yup 14.2
moneynoenough ( Date: 15-Mar-2023 23:47) Posted:
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lookz like it aint going to b pretty cum 0900...
moneynoenough ( Date: 14-Mar-2023 16:30) Posted:
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there is a base at for WTI to hit around 68-72.. USA will start to buy in for the reserves.. so rex is 150 is a good buy.. at least for the short - mid term
DYODD
DYODD
kt3152 ( Date: 15-Mar-2023 09:21) Posted:
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Oil drop but oil counters green. Sign of bottom out????
Crude oil dropped $2.7 USD......
sadhu123 ( Date: 14-Mar-2023 17:25) Posted:
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The Oman concession have great potential, predicted about 4 billion barrels of oil.
They claim to be a tech company, with software which has high probability of locating oil.
They have the financial means for exploration.
Why are they not more active in pursuing exploration instead, buying mature fields and
diversifying into drones and drugs???
The way they are going, not much hope of striking it big, sian, make a mistake of investing in this company.
Great potential, bu is management doing a good job????
Just my opinion, please dyodd.
They claim to be a tech company, with software which has high probability of locating oil.
They have the financial means for exploration.
Why are they not more active in pursuing exploration instead, buying mature fields and
diversifying into drones and drugs???
The way they are going, not much hope of striking it big, sian, make a mistake of investing in this company.
Great potential, bu is management doing a good job????
Just my opinion, please dyodd.
The latest FY2022 shows its Nav of USD 14.47c or sgd 19.5c.
Cash per balance sheet is about US$115.7m or Usd 8.88c or sgd 11.9c based on 1302.2m shares.
Recently cleaned up balance sheet thru' capital reduction.
Should take note for intending investing actions.
Good luck.
[Not a call to buy/sell - Dyodd]
Cash per balance sheet is about US$115.7m or Usd 8.88c or sgd 11.9c based on 1302.2m shares.
Recently cleaned up balance sheet thru' capital reduction.
Should take note for intending investing actions.
Good luck.
[Not a call to buy/sell - Dyodd]
OK 150 I' m in...
reason crude oil now 73, hitting a good support level.
Crude should bounce back to 79/82 soon...
reason crude oil now 73, hitting a good support level.
Crude should bounce back to 79/82 soon...
14.9 liao
boyboy61 ( Date: 14-Mar-2023 14:32) Posted:
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If this is going to be true,,,, better get them check before they run off Scott free with their Drones,! Anyone here wrote to SIAS? Don' t wish to be in Hyflux situation.
moneynoenough ( Date: 14-Mar-2023 16:30) Posted:
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dam.... gates open... t-rex stil sick fr north sea winds flu, arabia heatiness, seaeastasia tropical diarrhea, drone tech $ startup stuck...
moneynoenough ( Date: 21-Feb-2023 17:31) Posted:
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Yup, reaching 14 very soon......
JanN@70 ( Date: 13-Mar-2023 21:38) Posted:
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Guess Most Rex shareholders will not have any mood...their performance shares @$0.45 and $0.6 seem a distance too far for now. Performance shares are set to meet company financial goals and shld be achievable. Hope UOB who shout " Buy" Will give another shout sooner and a rightful one!
Is Rex vision at Apr 22 presentation only a dream and gimmick? Shareholders had giving them support on share buy back and capital reduction yet share price continue to drop and now lower than RH petrogas who has always being lagging behind Rex with smaller Market cap. Only the Management knows what going on.
Is Rex vision at Apr 22 presentation only a dream and gimmick? Shareholders had giving them support on share buy back and capital reduction yet share price continue to drop and now lower than RH petrogas who has always being lagging behind Rex with smaller Market cap. Only the Management knows what going on.
ysh2006 ( Date: 13-Mar-2023 18:29) Posted:
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Sure not mood to see their 1.2M option performance shares each cancelled ...
JanN@70 ( Date: 13-Mar-2023 12:35) Posted:
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Everyday is a new low for the 52wks price at 0.156. Dropped 7% for the past 5 sessions and wonder when will it stop with low volume trading to push the price down. Hope Rex management is awake and not sleeping.
Support at 15.6c. Must not be breached.
boyboy61 ( Date: 13-Mar-2023 10:21) Posted:
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15.7 .....Sure Very Bad
Russia will launch major offensive soon.. and oil prices will hit $120-$140 once again . Chinese demand slowly inching up as well. And if Saudi Arabia make up with Israel to whack Iran, it?ll shoot to $200!
JanN@70 ( Date: 10-Mar-2023 11:47) Posted:
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