Rex International Holding Ltd

SGX (SGD): Rex Intl (5WH)

Last Price

0.115

Today's Change

+0.001 (0.877%)

Day's Change

0.112 - 0.116

Trading Volume

7,994,700


1 person likes this.

272 comment(s). Last comment by qps999 2019-03-09 00:54

inphyy

338 posts

Posted by inphyy > 2013-08-25 21:50 | Report Abuse

Listed in SGX less than a month. From daily chart first and second support prices at 0.775 and 0.745. First and second resistance prices at 0.795 and 0.82.

inphyy

338 posts

Posted by inphyy > 2013-08-26 19:28 | Report Abuse

Morning still performed well. Afternoon retreated but still above first support and closing bell at 0.78

albertlaw

287 posts

Posted by albertlaw > 2013-08-26 22:43 | Report Abuse

Limited scrips..want to push v easy

inphyy

338 posts

Posted by inphyy > 2013-08-27 17:11 | Report Abuse

Afternoon me bargain hunting when second support price 0.745 broke.

albertlaw

287 posts

Posted by albertlaw > 2013-08-27 23:49 | Report Abuse

I believe everytime they declare oil discovered..REX will jump

inphyy

338 posts

Posted by inphyy > 2013-08-28 01:20 | Report Abuse

Horray! black gold fever run high 108.76 +2.85

albertlaw

287 posts

Posted by albertlaw > 2013-08-29 23:45 | Report Abuse

The 140mil shares no major shareholders have sold and the 2.5mil was 153 times oversubscribed-question of demand & supple with clear the demand is there otherwise it will not trigger the overallotment issues-good sign despite STI went under 3000,T REX did not go below 70cts and recovered to 75.5cts,also the drop recently was on low volume..I have confidence in REX,hope will go up higher

teeth53 ( Date: 29-Aug-2013 23:20) Posted:



Before - Rex International is offering 142.5m new shares at $0.50 each for a Catalist listing.

i) 140m shares is for an international placement and

ii) 2.5m shares is for a public offering...and after...

Now - SGX-ST. Announcement nos 67...EXERCISE OF OVER-ALLOTMENT OPTION AND CESSATION OF STABILISING ACTION IN RELATION TO THE INVITATION IN RESPECT OF.............item i) and item ii). hopefully.

inphyy

338 posts

Posted by inphyy > 2013-08-30 00:11 | Report Abuse

Thanks for sharing info.

albertlaw

287 posts

Posted by albertlaw > 2013-09-03 14:09 | Report Abuse

X INTERNATIONAL: Game Changer For Oil & Gas Exploration

http://www.nextinsight.net/index.php...n=com_content& view=article& id=7299& Itemid=1


finally found what's the link all about..excess 28mil granted to UOB KAYHIAN arising from ipo

inphyy

338 posts

Posted by inphyy > 2013-09-03 14:26 | Report Abuse

Oil prices dip in Asia as Syria fears subside AFP - 1 hour 9 minutes ago

Oil hovers below $107 as tensions over Syria ease AP - 1 hour 14 minutes ago

inphyy

338 posts

Posted by inphyy > 2013-09-03 16:55 | Report Abuse

Reduce my stake.....( つ﹏╰)

inphyy

338 posts

Posted by inphyy > 2013-09-04 19:11 | Report Abuse

Today market retreat...war coming?
me have to buy more milk powder to feed this baby
Closing bell 0.710 -0.020

inphyy

338 posts

Posted by inphyy > 2013-09-05 13:30 | Report Abuse

Hehehe....Today me dancing with the wolves
0.815..price still inch up

inphyy

338 posts

Posted by inphyy > 2013-09-05 15:19 | Report Abuse

looking at the price inch by inch up...me speechless tears falling
0.88 +0.170 ᕙ(`▽´)ᕗ

albertlaw

287 posts

Posted by albertlaw > 2013-09-05 17:13 | Report Abuse

Wow struck oil or just Kayhian UOB pushing up becoz too low

ozone2002 ( Date: 05-Sep-2013 16:19) Posted:



Last:0.88 Vol:52467k +0.17

so fast n furious today?

ozone2002 ( Date: 02-Sep-2013 10:51) Posted:



Big names and big funds are in this, heavily supported..

Even though Rex International has only an operating track record of two years and has yet to generate revenue, pre-IPO investors were so convinced by its story that they extended convertible loans of S$35.2 million to fully fund its first two years of drilling operations in the US.

These investors include Tan Fuh Gih (tycoon Tan Kim Seng?s younger brother), Kingston Kwek (tycoon Kwek Leng Beng?s son), Tan Chin Hwee (partner of leading alternative fund management group Apollo) and 2G Capital chairman Tommie Goh (founder of JIT).

Schroders, Pareto Growth Fund, Staur Private Equity, Holberg Funds and Clements Capital are also vested in the company.

inphyy

338 posts

Posted by inphyy > 2013-09-05 17:18 | Report Abuse

Closing bell 0.870 +0.160 ....steady!

albertlaw

287 posts

Posted by albertlaw > 2013-09-06 21:57 | Report Abuse

Know who are the BBs behind REX
Quote:
Originally Posted by joemacky View Post
keeping fingers crossed.. this CK willing to let price do wide swing.. it could hit a $1 and go below $0.80.. but looking at the price action where almost half of the transactions done between 0.875 - 0.895 so should be positive bias Smile

Agree ,,when the bad results(expected) was announced around 12noon the REX was shorted till it hit a low of 80cts...knowing many shortists would be waiting and indeed they shorted..after that BBs push it up,surpassing another high of 89.5cts around 3pm plus..see on thur Sept 5,suddenly REX shot up hitting a new high 88cts with vol,otherwise REX would hve pushed down below 70cts


As at 5 Sept the ipo funds not used yet but looks it will be used mainly for its exploration or investments activities,it's not the current last 2 year losses but what the market price should reflect the future-discovery of oil exploits and most important who is behind this counter-if they(BBs) want to push,who care about current losses, it's the future that240Fest30 matters,,,see by 4pm the price of REX climbed up again


h0ly0wl ( Date: 06-Sep-2013 16:54) Posted:

this bb is damn skillful.

inphyy

338 posts

Posted by inphyy > 2013-09-07 22:52 | Report Abuse

Rex's 2Q losses widened to USD0.7m
ENERGY & OFFSHORE | Staff Reporter,
Singapore Published: 06 Sep 13

No thanks to zero recognized revenue.

According to OSK, Rex, an upstream oil & gas company which just listed in July on the Catalist board, posted its 2QFY13 results. The losses widened to USD0.7m from USD0.3m a year ago as no revenue has been recognised.

Here's more:

The group was still involved in exploration and drilling stage has so far yet to commence production. Moving on, the group expect its drilling programme in Oman to commence in mid Q4 this year and the three new licenses in Trinidad and Tobago to contribute from FY14 onwards.

albertlaw

287 posts

Posted by albertlaw > 2013-09-08 23:09 | Report Abuse

this is not an inducement to trade,those who fear and has profit just take ,like thos I bought 66-69cts I hve already taken profits and like my maxim-no one ever died from taking profits but many died from failing to take profits.I am using my profits to long on REX



1) Rex previously said that it was close to production with the first oil from its U.S assets in North Dakota expected in the 4th qtr of this year .



2) Rex boasts of innovative exploration technology that has a higher chance(maybe 50%) of locating oil higher than industry standards



3) Rex participates in ventures with already secured exploration and production licences and gets an equity stakes in exchange for its unique technology thereby reducing its exposure to time and money needed to acquire licences



4) Rex owns 65% in Lime Petroleum,the rest owns by Malaysia listed Hibiscus Petroleum amd Schrodes.



5) Rex already secured 3 new licences in Trinidad and Tobago in August 2013 and plan to start its drilling programmes in Oman in the 4th qtr.Also in Aug Lime had engaged Aban II to drill its Block 50 concession in Oman,as CEO Mans Lidgren said it was an assurance its drilling programme was in progress



Just need to trade with care but from analysis normaly when major oil fields discovered,revenue and profits will flow in and shares normally soar-so don't play with money you can afford to invest only

inphyy

338 posts

Posted by inphyy > 2013-09-09 10:04 | Report Abuse

Me play with FAITH. Still focus on Oil & Gas

Posted by alex90gray > 2013-09-09 14:42 |

Post removed.Why?

albertlaw

287 posts

Posted by albertlaw > 2013-09-09 14:58 | Report Abuse

The long term shareholders not sold out...use only $$$ u can afford to lose to long REX would be better.Matter of time REX discover oil or other rich minerals,once successful REX may get equity stakes...with very little public float and at ipo only 2 mil available and bear in mind the excess 28mil went to Kayhian UOB-latter renowned for " pushing " shares

starlene ( Date: 08-Sep-2013 22:59) Posted:



Bro Simpsons ,this is not an inducement to trade,those who fear and has profit just take ,like thos I bought 66-69cts I hve already taken profits and like my maxim-no one ever died from taking profits but many died from failing to take profits.I am using my profits to long on REX



1) Rex previously said that it was close to production with the first oil from its U.S assets in North Dakota expected in the 4th qtr of this year .



2) Rex boasts of innovative exploration technology that has a higher chance(maybe 50%) of locating oil higher than industry standards



3) Rex participates in ventures with already secured exploration and production licences and gets an equity stakes in exchange for its unique technology thereby reducing its exposure to time and money needed to acquire licences



4) Rex owns 65% in Lime Petroleum,the rest owns by Malaysia listed Hibiscus Petroleum amd Schrodes.



5) Rex already secured 3 new licences in Trinidad and Tobago in August 2013 and plan to start its drilling programmes in Oman in the 4th qtr.Also in Aug Lime had engaged Aban II to drill its Block 50 concession in Oman,as CEO Mans Lidgren said it was an assurance its drilling programme was in progress



Just need to trade with care but from analysis normaly when major oil fields discovered,revenue and profits will flow in and shares normally soar-so don't play with money you can afford to invest only

albertlaw

287 posts

Posted by albertlaw > 2013-09-09 23:11 | Report Abuse

Wow > 1mil shorted hoping to bring it down but still strong,up with vol..good sign,,average about 0.86cts( $1300885/1514000shares)


#126 Report Post
Old 06-Sep-2013, 09:12 PM
admin admin is online now
Administrator

Join Date: Nov 2009
Posts: 6,540
Default
Please use the News/Views on SGX Short Sell [Singapore] thread for discussion
http://www.puntersgallery.com/showthread.php?p=694235

Short Sell Executed on September 6, 2013

Security ShortSaleVolume Curr ShortSaleValue
$ AP Strat 7720000 SGD 2680875
$ Albedo 60605000 SGD 3005360
$ CCM Group 50000 SGD 9650
$ EMS Ener 500000 SGD 33800
$ Halcyon 35000 SGD 27475
$ Healthway 4529000 SGD 327696
$ ISOTeam 1000 SGD 310
$ Intl Healthway 4544000 SGD 1817600
$ New Wave 700000 SGD 14000
$ Oakwell 11764000 SGD 1176022
$ Rex Intl 1514000 SGD 1300885

albertlaw

287 posts

Posted by albertlaw > 2013-09-10 11:30 | Report Abuse

Rex is unique in its ability to
use intellectual property (IP) related
to these technologies, the company
pays annual fees to a separate
company, Rex Technology
Management (RTM), which is
wholly owned by Karl and Hans
Lidgren. The three key technologies
include the following.
? Rex Gravity? is used to detect
possible hydrocarbon
accumulations through the use of
satellite altimetry data.
? Rex Seepage? uses thermal
imaging to search for
hydrocarbon presence at the sea
surface.
? Rex Virtual Drilling? uses
seismic-data interpretation
techniques to detect the presence
of liquid hydrocarbons.
Business model. The company
says that because it has exclusive
access to RTM?s proprietary
technology and IP, it has been able
to enter into agreements to farm
into exploration acreage. The owners
of the acreage then provide data that
is analysed by RTM in order to
ascertain the best location to drill an
exploration well. Through backtesting,
Rex claims that it has near
100% certainty in discovering oil
when using the three technologies
outlined above. However, it states
that the key risk to its business is
poor or corrupted data, which then
significantly lowers the chances of a
discovery.
Assets. At present, Rex has a
portfolio of 13 contract areas in
Norway, Oman, Trinidad & Tobago,
the UAE, and the US, and says it will
look to increase this to 20 contract
areas over the next 12 months.


starlene ( Date: 10-Sep-2013 11:15) Posted:



REX is bought for its future, 6 mths down the road the mkt price will be another story if everytime balck gold is discovered or REX given equity stakes in oil discovered fields or more licences granted,all these can prompt its share to spike..invest with spare cash only..quite like the write up below



Near-term news flow. Rex has

two exploration wells offshore Oman

in Block 50 (31.2% interest) that will

spud in mid-October 2013.

According to publicly available

information (Offshore Magazine),

the Aban VI jack-up rig was

contracted in mid-August for a twowell

programme over 50 days and is

currently en route to the Arabian

Sea. The results of these two wells

will be important in proving RTM?s

proprietary technology. In addition,

Rex has another well offshore UAE

that will spud tentatively in 4Q13. In

addition to exploration, the

company has a stake of about 28% in

two onshore US oil fields, in

Colorado and North Dakota, which

starts oil production in 4Q13,

according to the company (see page

2 for net production estimates

according to Rex?s IPO prospectus).

inphyy

338 posts

Posted by inphyy > 2013-09-10 12:08 | Report Abuse

Morning profit taking...wait for next round

albertlaw

287 posts

Posted by albertlaw > 2013-09-10 14:46 | Report Abuse

Congras those who buy on weakness this morning

starlene ( Date: 10-Sep-2013 11:30) Posted:

Rex is uniqueFest30Rocketwhore in its ability to
use intellectual property (IP) related
to these technologies, the company
pays annual fees to a separate
company, Rex Technology
Management (RTM), which is
wholly owned by Karl and Hans
Lidgren. The three keyYikesThrasher technologies
include the following.
? Rex Gravity? is used to detect
possible hydrocarbon
accumulations through the use of
satellite altimetry data.
? Rex Seepage? uses thermal
imaging to search for
hydrocarbon presence at the sea
surface.
? Rex Virtual Drilling? uses
seismic-data interpretation
techniques to detect the presence
of liquid hydrocarbons.
Business model. The company
says that because it has exclusive
access to RTM?s proprietary
technology and IP, it has been able
to enter into agreements240 to farm
into exploration acreage. The owners
of the acreage then provide data that
is analysed by RTM in order to
ascertain the best location to drill an
exploration well. Through backtesting,
Rex claims that it has near
100% certaintyBanane15 in discovering oil
when using the three technologies
outlined above. However, it states
that the key risk to its business is
poor or corrupted data, which then
significantly lowers the chances of a
discovery.
Assets. At present, Rex has a
portfolio 1244Pepsiof 13 contract areas in
Norway, Oman, Trinidad & Tobago,
the UAE, and the US, and says it will
look to increase this to 20 contract
areas over the next 12 months.


starlene ( Date: 10-Sep-2013 11:15) Posted:



REX is bought for its future, 6 mths down the road the mkt price will be another story if everytime balck gold is discovered or REX given equity stakes in oil discovered fields or more licences granted,all these can prompt its share to spike..invest with spare cash only..quite like the write up belowParty



Near-term news flow. Rex has

two exploration wells offshore Oman

in Block 50 (31.2% interest) that will

spud in mid-October 2013.Vroam

According to publicly available

information (Offshore Magazine),

the Aban VI jack-up rig was

contracted in mid-August for a twowell

programme over 50 days and is

currently en route to the Arabian

Sea. The results of these two wells

will be important in proving RTM?s

proprietary technology. In addition,

Rex has another well offshore UAE

that will spud tentatively inGrouphug 4Q13. In

addition to exploration, the

company has a stake of about 28% in

two onshore US oil fields, in

Colorado and North Dakota, which

starts oil production in 4Q13,

according to the company (see page

2 for net production estimates

according to Rex?s IPO prospectus).

BadSwordfightBoxingBeer

inphyy

338 posts

Posted by inphyy > 2013-09-10 17:14 | Report Abuse

Hmmm..Closing bell 0.895 +0.015

albertlaw

287 posts

Posted by albertlaw > 2013-09-10 19:31 | Report Abuse

The potential for REX to soar is it needed something like below...anytime..oil discovery...
$794 Billion Barrels Buried... Until Now

from Wealth Daily to you
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$794 Billion Barrels Buried... Until Now
By Keith Kohl | Tuesday, September 10th, 2013
keith
kohlLast year, a group of companies successfully extracted $794 billion worth of crude oil from a piece of land approximately one-third the size of Saudi Arabia.

With oil prices trading around $109 per barrel, these profits amount to over 700 million barrels ? 66% MORE than the now-famous Bakken Shale in North Dakota, one of the largest shale plays in the country!

Now, these companies had one huge advantage: a deep-seeded secret buried in the U.S. oil industry that's fueling their profits.

You see, there's a special select group of oil wells that will produce one out of every three barrels of oil in the United States in 2013.

What's more, practically every drop of the crude extracted out of the ground by these wells is of the best quality ? the light, sweet crude that U.S. refineries are desperate to get their hands on.

The U.S. government surreptitiously refers to them as " Code 42 wells."

And thanks to this very specific set of wells, that same group of oil and gas companies is now on pace to sell more than 830 million barrels of this quality crude on the open market throughout 2013.

In a short matter of time, they could be generating more than a trillion dollars per year from extracting this oil supply.

The best part is this situation is still in its infancy ? which means the more of these " Code 42 wells" that pop up, the more lucrative these profits will be for early investors.

I strongly urge you to take a few minutes to review this investment presentation. It explains in full detail how you can capitalize on these highly productive oil wells tucked away in one of the most prominent oil plays in the United States.

But hurry...

You'll want to watch it before it leaks to the Wall Street and this story breaks wide open.

Good investing,

Keith Kohl Signature

Keith Kohl
Investment Director, Oil & Gas Trader

inphyy

338 posts

Posted by inphyy > 2013-09-11 17:12 | Report Abuse

hmmm...black gold fever ease

inphyy

338 posts

Posted by inphyy > 2013-09-12 12:12 | Report Abuse

Hehehe...gave my support again!

inphyy

338 posts

Posted by inphyy > 2013-09-18 09:56 | Report Abuse

PRESS RELEASE - REX INTERNATIONAL HOLDING TO ACQUIRE STAKES IN TWO MORE LICENCES IN NORWAY

Posted by alex90gray > 2013-09-18 16:34 |

Post removed.Why?

inphyy

338 posts

Posted by inphyy > 2013-09-20 17:59 | Report Abuse

PRESS RELEASE - BASS STRAIT OIL COMPANY TO USE REX'S TECHNOLOGY FOR EXPLORATION OPPORTUNITIES IN AUSTRALIA

inphyy

338 posts

Posted by inphyy > 2013-09-23 10:41 | Report Abuse

Finally able to see daylight....

inphyy

338 posts

Posted by inphyy > 2013-10-07 12:15 | Report Abuse

Hmmm...morning low 0.855. Me no hurry to adopt baby

albertlaw

287 posts

Posted by albertlaw > 2013-10-07 12:20 | Report Abuse

Quote:
Originally Posted by Newcastle View Post
UOBKH

Rex International Holdings (REXI SP, 5WH) –
An innovator with the potential to be a multi-bagger
(BUY/Target: S$1.47)
We valued Rex based on the expected monetary value of its
exploration assets using forecasts from traditional geologist
findings. Its most valuable asset is arguably its proprietary Rex
Technologies (RT) that claims to significantly improve the odds of
oil exploration. With more than 80% accuracy in blind and live tests,
RT has helped the company secure strategic partnerships and
concessions. Results from Rex’s first few exploration wells will be
critical as it becomes proof of the effectiveness of RT. The results of
the first exploration well are expected to be known by 1Q14. If RT is
proven to be effective as management claims, Rex has the potential
to become a multi-bagger as it revolutionalises the O&G industry.
We previously mentioned that the stock could be supported at
S$0.87-0.85. Prices appear to be well supported near the said
levels and currently could head towards S$0.95/1.05. The next
potential target could be near S$1.25.

inphyy

338 posts

Posted by inphyy > 2013-10-07 12:55 | Report Abuse

Thanks!

albertlaw

287 posts

Posted by albertlaw > 2013-10-07 20:01 | Report Abuse

Yes do yr hw b4 invest but Rex had remained> 80cts since 6 Sept and on Oct 2 the co also went to K.L for presentation to Malaysian investors.If the oil which has a 50% over traditional method of discovered successful..still worth a bet..Rex is a different class altogether from Ramba,Kris Energy,Mirach,etc..Investors are Schroders and Kwek Leng Beng relatives,etc..Just invest with spare cash not for contra..



http://infopub.sgx.com/FileOpen/REX_...=Announcement& FileID=258156


Even though Rex International has only an operating track record of two years and has yet to generate revenue, pre-IPO investors were so convinced by its story that they extended convertible loans of S$35.2 million to fully fund its first two years of drilling operations in the US.

These investors include Tan Fuh Gih (tycoon Tan Kim Seng?s younger brother), Kingston Kwek (tycoon Kwek Leng Beng?s son), Tan Chin Hwee (partner of leading alternative fund management group Apollo) and 2G Capital chairman Tommie Goh (founder of JIT).

Schroders, Pareto Growth Fund, Staur Private Equity, Holberg Funds and Clements Capital are also vested in the company.



Bros n sis here go for REX

haven't seen its full potential yet...I will keep a \bit longer this time


Rex did not go under 85cts I bought all I sold from 86-87.5cts
Will hold fro the long haul since I bought mine all the way from 67-80cts..will cross $1 matter of time since the scrips limited and the investors behind there240Fest30

rikki

2 posts

Posted by rikki > 2013-10-08 11:18 | Report Abuse

UOB KAY HIAN says...

REX INTERNATIONAL | BUY | TP: S$1.47

We initiate coverage with a BUY and target price of S$1.47 (based on expected monetary value of Rex's exploration assets using forecast from traditional geologist findings), representing a 58.1% upside
Rex's most valuable asset is its access to the proprietary Rex Technologies that may significantly improve the odds of successful oil exploration
With more than 80% accuracy in blind and live tests, Rex Technologies showed great promise and has helped Rex to secure strategic partnerships and concessions
Results from Rex's first few exploration wells will be critical and is a potential catalyst
A successful oil discovery may see a re-rating of the stock
Results of the first exploration well are expected to be known by 1Q14
Using proprietary satellite and seismic imaging technologies, management believes Rex Technologies can produce an exploration success rate in excess of 50%, compared with a global average of 10-15%
In addition, Rex Technologies also cuts the exploration process to 18-60 months from the 72-114 months required under conventional technologies
Rex has conducted blind tests for Hibiscus and Fram and has shown an impressive 100% accuracy
Over the past two years, Rex had analysed 59 prospects for North energy, accurately predicting 35 of the 41 wells that had been drilled (85% accuracy)
Rex successfully predicted 24 out of 25 dry wells and 11 out of 16 commercial oil wells
As Rex Technologies gains traction among market players, Rex has been able to secure concessions on better terms, such as eliminating common industry practices of paying entrance fees
With its leverage, Rex has successfully farmed into 15 concessions ASX-listed Bass Strait Oil Company (BAS) is Rex's newest strategic partner as it partners with REX to reassess specific exploration opportunities in Gippsland Basin of Australia
A potential multi-bagger with exploration target of 2,183mmbbl unrisked resources (EMV range: US$1.31-5.39/share)
Oman Block 50, Rak Offshore and Sharjah Central form almost 90% of our total risked NAV, and are estimated to have a risked value attributable to Rex of US$1,319m (US$1.31/share) based on conventional chances of success
To derive our target price of S$1.47, we applied a 20% discount to our risked NAV to account for the concentration risks from Oman Block 50, which forms almost two thirds
of our risked NAV estimate

inphyy

338 posts

Posted by inphyy > 2013-10-09 16:28 | Report Abuse

hmmm....next support 0.82

albertlaw

287 posts

Posted by albertlaw > 2013-10-09 17:49 | Report Abuse

Originally Posted by elenatang View Post
Bought again at 85cts..this drop due to UOB last tue 1 Oct recommend T.P $1.47..so all rush in to buy...now forced sell
now will be the best time to UOB to buy buy buy, then issue report again to push up price

alaxgray

20 posts

Posted by alaxgray > 2013-10-09 19:42 |

Post removed.Why?

Posted by ninabucb > 2013-10-10 00:34 | Report Abuse

how u all seee.. on RH Petrogas counter?? is this worth to invest?

albertlaw

287 posts

Posted by albertlaw > 2013-10-10 16:24 | Report Abuse

o wonder everybody loves T Rex ..like an elastic ..just when u think it may drop below support..it came back again..many times..


Buy Sell Stock Name Curr BVol Buy Sell SVol Last Chg %Chg Volume DHigh DLow CPF R/D Time Rmks ExDivDate UPC FSI
Buy Sell $ Rex Intl SGD 103,000 0.870 0.875 128,000 0.870 +0.015 +1.750 5,986,000 0.880 0.850 R 16:19:41

inphyy

338 posts

Posted by inphyy > 2013-10-11 11:43 | Report Abuse

hmmm...hold strong at support 0.85
Not my ideal price

rikki

2 posts

Posted by rikki > 2013-10-11 17:01 | Report Abuse

Why is REX so quite. Hibiscus up by 0.16 last two days. Hibiscus n REX is controlling 35% and 65% of Lime Petroleum and will start drilling for oil in Oman between middle Oct & Nov 2013.

inphyy

338 posts

Posted by inphyy > 2013-10-12 00:56 | Report Abuse

Look at posted #1.My TA remain same.resistance become support. 1st and 2nd support 0.82 and 0.795. Next week time to give support base on chart. ≧◠◡◠≦✌

albertlaw

287 posts

Posted by albertlaw > 2013-10-16 15:23 | Report Abuse

80cts strong support broke today..will wait for 70cts or maybe below to sccop

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