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Rex International
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Ptmptm
Member |
15-Aug-2013 01:09
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Investment 9 million but you know what's the potential of this investment? Trying to act smart by posting what xfactor said in puntergallery.com?
Go and read the thread under REX and see how stupid he is . You go tell him $1 coming and he can continue to be his own guru in his cave. Si beh sia suay own self...,
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vincente
Senior |
15-Aug-2013 00:08
Yells: "hope for the best" |
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The investment is onli USD9m....yet share price is up beyond fundamentals...LOL DYODD. |
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teeth53
Supreme |
14-Aug-2013 22:44
Yells: "don't learn through life, learn to grow with life " |
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Wish all n Thk all, esp for u to post news info n doing some research and homework...+ due diligence. The last time u oso do quiet a lot of homework, hardwork and effort on STXOSV too.
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starlene
Elite |
14-Aug-2013 22:06
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PRESS RELEASE Rex International Holding to enter into new E& P licences in Trinidad and Tobago with Pareto Staur SINGAPORE, 14 August 2013 ? Rex International Holding Limited (?Rex International Holding?, the ?Company?, and together with its subsidiaries, the ?Group?), one of the largest companies listed on the Catalist Board of the Singapore Exchange Securities Trading Limited, has today signed a term-sheet with Norwegian private equity investor Pareto Staur SPV1 AS (?Pareto Staur?), providing the Company with access to three new onshore exploration & production (E& P) opportunities in the island nation of Trinidad and Tobago in the Caribbean. Rex International Holding will invest USD 9 million for a 51.99 per cent stake in Rex Caribbean Oil Company Ltd (?Rex Caribbean Oil Company?) (?Investment?), while Pareto Staur will invest USD 6.5 million for a 34.76 per cent stake. Other institutional shareholders will hold 12.18 per cent and Mr Geoffrey Leid, CEO-designate of Rex Caribbean Oil Company, will hold 1.1 per cent in his personal capacity. The transaction will involve the initial investment into three E& P licenses namely, the Inniss- Trinity field, the South Erin Block and the Cory Moruga Block ?E?. These assets already have producing discoveries and Rex Caribbean Oil Company will, after completion of the farm-in activities, hold 100 per cent of the Inniss-Trinity field and working interest of 75 per cent in the South Erin Block and 51 per cent in the Cory Moruga Block ?E?. The transaction is expected to be completed in the coming weeks and is subject to regulatory due diligence.Rex International Holding Ltd 6 Raffles Quay #20-07 Singapore 048580 Tel: +65 6557 2477 www.rexih.com Business Ref. No. 201301242M The Investment will be funded internally and is expected to be a positive co
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vincente
Senior |
14-Aug-2013 22:05
Yells: "hope for the best" |
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Just be careful some pple have the notority to misled pple for self interest. Of the 26079 lots done, only 460 lots were naked short.There arent many shortists in this counter. |
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starlene
Elite |
14-Aug-2013 21:57
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Teeth thks for sharing..everybody huat here and there and everywhere | ||||
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teeth53
Supreme |
14-Aug-2013 21:33
Yells: "don't learn through life, learn to grow with life " |
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Whao. Bi Tang again. U hit jackpot again.
I am certain U will tua tua huat chai lohh, just like in STXOSV time when going is about 80c Patience is virtual, take ur time for profit to roll along
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starlene
Elite |
14-Aug-2013 20:41
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Hit high of 83.5cts shortist thinking it will drop today..all get caught..with its limited scrips,matter of time only..only an announcement that it has some exploratory discoveries is enough to create more demand for REX..holding on and adding more today add another 100 lots at 79cts today..total 300lots liao
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teeth53
Supreme |
14-Aug-2013 18:33
Yells: "don't learn through life, learn to grow with life " |
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Importance of ownership n technologies own, for investors to consider when investing. Intuitively, it?s not hard to grasp such idea who have high stakes in the companies they run could help to align their interests with that of minority shareholders. In other words, such technologies can provide added value n significant save cost. This technologies were developed by the founders, Dr Karl Lidgren and Mr Hans Lidgren. It comprises of Rex Gravity, Rex Seepage and Rex Virtual Drilling. |
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dicksonh
Veteran |
14-Aug-2013 17:55
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Hope it will continue to ramp up tomorrow :) Huat everyone! |
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freedom8
Member |
14-Aug-2013 17:18
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$1 | ||||
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muifan
Master |
14-Aug-2013 17:01
Yells: "Take the leap of faith dont regret 20 years later!" |
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by next week?
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freedom8
Member |
14-Aug-2013 16:57
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$1 | ||||
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muifan
Master |
14-Aug-2013 16:52
Yells: "Take the leap of faith dont regret 20 years later!" |
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shortist kee siao covering now
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dicksonh
Veteran |
14-Aug-2013 16:51
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last minute rocket uP! | ||||
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Hawkeye
Veteran |
14-Aug-2013 14:29
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When one committed and put money in, he/she will believe anything that tell you that the counter will do well. When you have sold and wait for stock to go down, you will not believe in anything that tell you that the counter will do well and you will believe anything that the counter will not do well. New stock give uncertainty of performance and good for punting if many believe it will do well. LOL :))
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teeth53
Supreme |
14-Aug-2013 13:38
Yells: "don't learn through life, learn to grow with life " |
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For official news...Just a thot - their chances of striking oil is ++ 50% http://rex.listedcompany.com/
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teeth53
Supreme |
14-Aug-2013 13:31
Yells: "don't learn through life, learn to grow with life " |
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http://rex.listedcompany.com/newsroom/20130806_190029_5WH_85F76A8AE190643D48257BBF003AF025.1.pdf Rex Technologies Basically, it allows seismic responses to be interpreted and accurately pinpoints the exact location of oil reservoirs (sounds quite interesting to me but I am a layman). The application of Rex Technologies significantly reduces the need for exploration and appraisal drilling, thus reducing the time taken, risks and costs involved in the exploration process. According to the prospectus, it has been 100% accurate in its prediction on 18 external tests conducted over the last 24 months and the success ratio for drills using the Rex Technologies has been in excess of 50% (that is pretty high in the Oil & Gas world).
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8bliz8
Member |
14-Aug-2013 12:21
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Nx yr this time? | ||||
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vincente
Senior |
14-Aug-2013 12:18
Yells: "hope for the best" |
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Time frame??
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