Rex Intl
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Rex International
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741-760 of 859
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...,
vincente ( Date: 15-Aug-2013 00:08) Posted:
The investment is  onli USD9m....yet  share price is up beyond fundamentals...LOL
DYODD. |
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The investment is  onli USD9m....yet  share price is up beyond fundamentals...LOL
DYODD.
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.
starlene ( Date: 14-Aug-2013 21:57) Posted:
Teeth thks for sharing..everybody huat here and there and everywhere |
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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
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.
Teeth thks for sharing..everybody huat here and there and everywhere
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
starlene ( Date: 14-Aug-2013 20:41) Posted:
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
teeth53 ( Date: 14-Aug-2013 13:31) Posted:
http://rex.listedcompany.com/newsroom/20130806_190029_5WH_85F76A8AE190643D48257BBF003AF025.1.pdf
Rex Technologies According to the prospectus, the technologies were developed by the founders, Dr Karl Lidgren and Mr Hans Lidgren. It comprises of Rex Gravity, Rex Seepage and Rex Virtual Drilling.
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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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
teeth53 ( Date: 14-Aug-2013 13:31) Posted:
http://rex.listedcompany.com/newsroom/20130806_190029_5WH_85F76A8AE190643D48257BBF003AF025.1.pdf
Rex Technologies According to the prospectus, the technologies were developed by the founders, Dr Karl Lidgren and Mr Hans Lidgren. It comprises of Rex Gravity, Rex Seepage and Rex Virtual Drilling.
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).
Cursedpang ( Date: 31-Jul-2013 13:21) Posted:
I also buying for long term, given a 100% accuracy on their Rex exploration for oil, results should be shown in the next 1 to 2 yrs if it's a gem or stone |
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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.
Hope it will continue to ramp up tomorrow :)
Huat everyone!
$1
by next week?
freedom8 ( Date: 14-Aug-2013 16:57) Posted:
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$1
shortist kee siao covering now
dicksonh ( Date: 14-Aug-2013 16:51) Posted:
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last minute rocket uP!
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 :))
teeth53 ( Date: 14-Aug-2013 13:38) Posted:
For official news...Just a thot - their chances of striking oil is ++ 50%
http://rex.listedcompany.com/
 
teeth53 ( Date: 13-Aug-2013 14:54) Posted:
It funny pple's said is $1/-, many will not believe it - right. then I do, co's I'm awaiting for good news, like oil well -  discovery of oil, plenty of it |
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For official news...Just a thot - their chances of striking oil is ++ 50%
http://rex.listedcompany.com/
 
teeth53 ( Date: 13-Aug-2013 14:54) Posted:
It funny pple's said is $1/-, many will not believe it - right. then I do, co's I'm awaiting for good news, like oil well -  discovery of oil, plenty of it.
susan66 ( Date: 13-Aug-2013 13:14) Posted:
Ya continue to huat, still holding on.  |
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http://rex.listedcompany.com/newsroom/20130806_190029_5WH_85F76A8AE190643D48257BBF003AF025.1.pdf
Rex Technologies
According to the prospectus, the technologies were developed by the founders, Dr Karl Lidgren and Mr Hans Lidgren. It comprises of Rex Gravity, Rex Seepage and Rex Virtual Drilling.
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).
Cursedpang ( Date: 31-Jul-2013 13:21) Posted:
I also buying for long term, given a 100% accuracy on their Rex exploration for oil, results should be shown in the next 1 to 2 yrs if it's a gem or stone |
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Nx yr this time?
Time frame??
freedom8 ( Date: 14-Aug-2013 12:14) Posted:
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