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What are they going to acquire or going to merge with?
" JES International secures up to US$40 million financing
Loan facility available for a maximum of US$20 million for 3 years, with an option for an additional US$20 million
Group will utilise the loan proceeds for working capital and potential mergers and acquisitions "
Watch for this stock in the next week or so. Bargain hunting coming in
Bier come back again
Look like all counter bb shiu gang Liao
Alert
Alert
Clear half left half ,,,,,yangzhijiang and penguin same boat,,,,strong q buy at 0.144
This one about time to buy Liao,,,,,
I see just a few seconds movement. So much of fake buying q moving up and down. Be careful.
Sis Starlene is right, better loss the opportunity than losing your pants.
starlene ( Date: 10-Sep-2013 11:10) Posted:
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Avoid better,upside the most 16cts..then will drop back..recalled a few years..one analyst from DBS Vickers claim jem..it shot tom 38cts and most trapped..was luck to hve sold 35-37 all buying 24-25 ..after that it was downhill all the way...that time it achieved record profits,now in record losses..ask yrslf downward pressure greater...not vested anymore..just my frank advice
ruready ( Date: 10-Sep-2013 11:03) Posted:
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This one look like accumulate also,,,,,,press and buy,,,,,look good for buying at 0.136-0.139cts,,,,,,bb is inside ,,,,,,,next darlinggggg
Ability to secure new loans is just one side of the coin...the flip side is that you are now deeper in debt.
It is surprising that after the good news of securing the loan facility. The price gap up, but selling pressure was rather strong. Could that be a strategy for the BBs to clear all the weak sellers before coming into the market to buy in cheaper.
Cool,bro don't get angry,just my advice only..
Ya lar I know is not a good stock ! U already said many times Rex international is good right ?
starlene ( Date: 15-Aug-2013 09:28) Posted:
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Wish u gd luck..very slow moving but it is up today > 16cts...the director Patrick something was buying at 14plus cts
Which company is that? 60 billion in assets?
Patkeane ( Date: 14-Aug-2013 22:37) Posted:
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I think the losses already projected at this price , sudden run up today , needs patience for this stock , should hv some project coming the investing company must hv seen something coming on if not buy for what , the company buying hv assets of 60billion . We shall know tomorrow .
starlene ( Date: 14-Aug-2013 22:12) Posted:
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Bro..JES post even bigger loss today after trading hours...Buy REX and hold may recover..Glad fully out of JES if not lose $$$ liao
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
why not they use 10million buy from market better !!!!i think they will do that tomorrow..........IPO price $0.60 leh
i think JES tomorrow can be top volumn got big company going to buy overy certain % up to 60Million......
I think today sell down is those t+5 Force selling , I dun really see that as a bad news . But not a extremely goods news either , but can tell not much ppl is trading these stocks , so I guess it will remain at these level for quite done time unless they really won a lot of order in the coming months. Keep inside my pillow first .
starlene ( Date: 05-Aug-2013 19:46) Posted:
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