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I presumed (actually I never go and understand this company yet) that they were listed because they have some good assets hanging in limbo but recognized by the authorities, and this assets could have been some sort of huge pending profits for the company, but honestly no exchge will list a company on such premises. I really don't understand this company. They might have proprietary oil fields that hide billions of oil or what?
Haha compare Rex's results and Blumont's results and Rex's share price and Blumont's share price
newbieliu ( Date: 06-Sep-2013 14:17) Posted:
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What I mean is it was registered in Jan 2013 and listed recently, so fast with all financial connections working on it.... I don't understand why they have 2012 accounts that shows a loss and yet listed. Something must be hidden somewhere, not announced.
newbieliu ( Date: 06-Sep-2013 14:17) Posted:
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Let market decides then
A new company? But w consecutive quarters of huge losses and it's share price is similar to YZJ few Months back and higher than Noble with these companies in good n reasonable revenue n profit . It seem Rex not worth the investment . It reminds me of the IEV company which I made a loss
A new company? But w consecutive quarters of huge losses and it's share price is similar to YZJ few Months back and higher than Noble with these companies in good n reasonable revenue n profit . It seem Rex not worth the investment . It reminds me of the IEV company which I made a loss
This is new company. Newly listed too. They have very strong connections, so don't play a fool by shorting. You will get surprises. I won't dare.
newbieliu ( Date: 06-Sep-2013 13:54) Posted:
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I only deduce the support is 0.80. Once is broken before 4pm ppl will start selling more. Depends if u dare to short or not
Measure ur own risk
Measure ur own risk
So you think can short?
newbieliu ( Date: 06-Sep-2013 13:29) Posted:
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Don't think they are buying back slowly but they are definitely releasing it slowly... Such poor results when the share price is so high up with no good reason to support it. It is a matter of time for it to tumble
Yesterday buying was expecting a huge turnover of financial result which turn out to be worse
Lesson learnt is not all energy or petrol company is making huge profit all the times
Be careful of the huge dump later to get profit since they hv bought in at a lower price ytd
Yesterday buying was expecting a huge turnover of financial result which turn out to be worse
Lesson learnt is not all energy or petrol company is making huge profit all the times
Be careful of the huge dump later to get profit since they hv bought in at a lower price ytd
Maybe bbs slowly selling. Or maybe bbs sold yesterday and this morning. The shortists also followed today.
Perchance after lunch, they will start buying back.
Can drop faster when volume is small !!?
muifan ( Date: 06-Sep-2013 12:35) Posted:
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my feeling is volume so low...
bb cant be bothered to catch such small katek ....
mb7269 ( Date: 06-Sep-2013 11:22) Posted:
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Gone down to the day's low. Not a good sign.
What is the tp of bbs?
Rex is actually in oil exploration activities, and it seems they have the expertise:
In respect of its oil and gas exploration activities, the Group applies Rex Technologies, a set of proprietary and innovative exploration technologies, which provide the ability to accurately visualise and predict the location of liquid hydrocarbons in the sub-terrain.
mb7269 ( Date: 06-Sep-2013 11:50) Posted:
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bb not ready to sell rex yet because they have their tp which they still havent reach..
sell if you have reached your tp, that's all that matter..
Is Rex in petroleum business or what? I thought it is the one in Selegie Rd, the Rex Cinema.
Petroleum business is ok lah, cinema also ok lah.
Last time round, I thought SPC made good money and then was taken private. Hehe.
mb7269 ( Date: 06-Sep-2013 11:22) Posted:
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Sold !
Good enough price
Maybe can consider re entry later on at 0.7?
volume so low... will bb catch katek later?
REPORTED LOSSES MORE THAN MILLIONS......
SHORT IT
Durians start dropping !!?
WanSiTong ( Date: 06-Sep-2013 10:37) Posted:
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What's the reason yesterday it went up 16c ?
Will today Gravity theory be applied to this counter ??
Simpsons ( Date: 06-Sep-2013 09:49) Posted:
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