Posted by albertlaw > 2013-08-23 22:15 | Report Abuse

Stocks In Focus SG (CapitaMalls Asia, Rex Int

Stock in focus - Rex International Awards Drilling Contract To Aban 7
Rex International said in a press release statement that its jointly-controlled entity, Lime Petroleum, through its subsidiary Masirah Oil, has awarded a drilling rig contract to Aban 7 for the execution of its drilling programme in the company?s Block 50 Oman concession. Under the terms of the contract, Masirah will secure the services of the Aban VII drilling jack-up rig to spud and drill a minimum of two exploration wells ? Masirah North North #1 and Masirah North East #1. The contract is anticipated to commence between mid-October and mid-November 2013 for an effective minimum period of 50 working days. Mans Lidgren, chief executive officer of Rex International said: ?The firm rig contract with Aban gives assurance that our drilling programme in Oman is progressing according to plan. The programme in Oman is an important step for the company in the roll-out of our drilling campaign throughout our portfolio.?

Significance: The prospects of the two wells were selected for drilling after in-depth technical evaluation and verification using the proprietary Rex Virtual Drilling technology on top of other conventional methodologies.

Production can potentially start by 1H14 through utilisation of an early production system if the drilling of the wells yield successful discoveries.

Posted by albertlaw > 2013-09-18 09:33 | Report Abuse

Currency Market Indices Market Summary Html View New iTrade
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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 Lyxor Nasdaq 10US$X@ USD 20,000 12.680 12.790 20,000 12.680 +0.280 +2.260 4,200 12.680 12.680 R 08:58:58 10 JUL 2013 NA
Buy Sell OCBC Bk SGD 1,000 10.290 10.300 128,000 10.290 +0.100 +0.980 316,000 10.300 10.280 C R 09:08:25 12 AUG 2013 NA
Buy Sell Asiasons SGD 21,000 2.130 2.140 56,000 2.130 +0.080 +3.900 1,016,000 2.180 2.110 C R 09:08:14 NA
Buy Sell CITYDEV SGD 6,000 10.440 10.470 5,000 10.520 +0.080 +0.770 41,000 10.540 10.440 C R 09:04:35 29 APR 2013 NA
Buy Sell Civmec SGD 71,000 0.765 0.770 1,000 0.770 +0.065 +9.220 1,177,000 0.775 0.720 C R 09:08:24 04 DEC 2012 NA
Buy Sell Venture SGD 1,000 7.450 7.470 9,000 7.480 +0.070 +0.940 22,000 7.480 7.460 C R 09:05:25 02 MAY 2013 NA
Buy Sell Petra SGD 5,000 3.180 3.230 3,000 3.230 +0.070 +2.220 2,000 3.230 3.230 C R 08:58:57 22 AUG 2013 NA
Buy Sell $ Rex Intl SGD 220,000 0.880 0.885 142,000 0.885 +0.065 +7.930 5,509,000 0.885 0.850 R 09:08:27



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 Clements Capital are also vested in the company.

Posted by albertlaw > 2013-10-04 14:57 | Report Abuse

hought some stock expert/gurus have warned that when a company keeping harping on their unproven technology or their ware is the best in the world then you have to be extra careful.Example like biosensor stents touted to be the best in the world but px tanked after some time when reality set in.

UOB KH is the rex's ipo agent,they have self interest.Strike when it is hot and make sure you're not the last person to leave the room.

DYODD.

Posted by albertlaw > 2013-10-07 10:49 | Report Abuse

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.



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

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 136,000 0.895 0.905 73,000 0.900 -0.030 -3.230 3,384,000 0.935 0.855 R 10:26:32 NA

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.

Posted by albertlaw > 2013-10-19 17:47 | Report Abuse

Originally Posted by Gooners1975 View Post
agree.

honestly, there should be some annoucements coming out soon.

their 2 wells in USA is slated for production in Q4 2013 and exploration in 2 wells in Oman to conclude in the same period.
Stocks In Focus SG (CapitaMalls Asia, Rex Int

Stock in focus - Rex International Awards Drilling Contract To Aban 7
Rex International said in a press release statement that its jointly-controlled entity, Lime Petroleum, through its subsidiary Masirah Oil, has awarded a drilling rig contract to Aban 7 for the execution of its drilling programme in the company?s Block 50 Oman concession. Under the terms of the contract, Masirah will secure the services of the Aban VII drilling jack-up rig to spud and drill a minimum of two exploration wells ? Masirah North North #1 and Masirah North East #1. The contract is anticipated to commence between mid-October and mid-November 2013 for an effective minimum period of 50 working days. Mans Lidgren, chief executive officer of Rex International said: ?The firm rig contract with Aban gives assurance that our drilling programme in Oman is progressing according to plan. The programme in Oman is an important step for the company in the roll-out of our drilling campaign throughout our portfolio.?

Significance: The prospects of the two wells were selected for drilling after in-depth technical evaluation and verification using the proprietary Rex Virtual Drilling technology on top of other conventional methodologies.

Production can potentially start by 1H14 through utilisation of an early production system if the drilling of the wells yield successful discoveries.

Posted by George Ang > 2013-10-21 10:36 | Report Abuse

Thanks for the tip. Was abt to sell off at a loss. Will hold it for a while. It has climbed $0.045 to $0.78 today. Please keep climbing !

Posted by albertlaw > 2013-10-21 21:58 | Report Abuse

uote:
Originally Posted by Gooners1975 View Post
$ Rex Intl 208000 SGD 155685

big short play on rex
After mkt close..Rex going in US for roadshow to increase its profile..good news ?

Posted by albertlaw > 2013-10-23 19:32 | Report Abuse

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.



Support shd be 80-81cts level previously was broken during the fear over U.S debt ceiliomgs..but the way it bounced back and stayed > 80cts that's why i like,bearing Rex and partners should start exploring for oil now from mid Oct to Dec ..any large discovery the shares will soar..

Posted by albertlaw > 2013-10-24 16:18 | Report Abuse

Fake queue at 83cts seen many times..to block and accumulate..once> 80cts quite safe but make sure u have $$$ to pick up...Bought 200 lots on 14 Aug 2013 at 82cts and sold off 92-95cts not long ago..buying back at this price again

starlene ( Date: 23-Oct-2013 19:28) Posted:



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.



Support shd be 8-81cts level previously was broken during the fear over U.S debt ceiliomgs..but the way it bounced back and stayed > 80cts that's why i like,bearing Rex and partners should start exploring for oil now from mid Oct to Dec ..any large discovery the shares will soar..

Posted by albertlaw > 2013-10-24 16:38 | Report Abuse

84-84.5cts now

Posted by albertlaw > 2013-11-06 22:40 | Report Abuse

like an elastic bounce back today just when everybody or chart say will test its low

Posted by albertlaw > 2013-11-08 15:25 | Report Abuse

Rex was included under the small cap index..-MSCI Singapore Index



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