Back

Latest Forum Topics / Rex Intl    Last:0.107    -0.001

Post Reply

Rex International Post Reply Rate topic
starlene Elite	09-Sep-2013 14:45        starlene About Contact  Quote this Post!
x 0   x 1  Alert Admin	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
Useful To Me  Not Useful To Me
Simpsons Veteran	09-Sep-2013 13:52        Simpsons About Contact  Quote this Post!
x 0   x 0  Alert Admin	I am out at $0.90..my view still stand as pls trade with care..
Useful To Me  Not Useful To Me
medivh Elite	09-Sep-2013 11:15        medivh About Contact  Quote this Post!
x 0   x 0  Alert Admin	Looking gooooooood (,") Huat ah ~~~~ medivh      ( Date: 06-Sep-2013 16:17) Posted: Yes Rex looks set to break 9x and on the way to $1.. accumulated when it wentt down this morning. Huat ah bros~
Useful To Me  Not Useful To Me
Tomique Master	09-Sep-2013 10:49        Tomique About Contact  Quote this Post!
x 0   x 1  Alert Admin	When the structure is strong and firm, no collapse.  Cursedpang      ( Date: 09-Sep-2013 10:44) Posted: It seems BBs may force Rex to cross the $1 bridge this week, hope the bridge don't collapse when rex is crossing half way
Useful To Me  Not Useful To Me
Cursedpang Member	09-Sep-2013 10:44        Cursedpang About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	It seems BBs may force Rex to cross the $1 bridge this week, hope the bridge don't collapse when rex is crossing half way
Useful To Me  Not Useful To Me
muifan Master	09-Sep-2013 10:42        muifan About Contact  Quote this Post!   Yells: "Take the leap of faith dont regret 20 years later!"
x 0   x 0  Alert Admin	congrats to all rex players.. i hop off the boat too early :)
Useful To Me  Not Useful To Me
Tomique Master	09-Sep-2013 10:33        Tomique About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yah, they said lose money until seow,but cheong also until seow!   Hahaha.  Catching the shortists.  Gooners1975      ( Date: 09-Sep-2013 10:31) Posted: rex is really charging up like a rocket....progress like unbelievable for the past week
Useful To Me  Not Useful To Me
Gooners1975 Member	09-Sep-2013 10:31        Gooners1975 About Contact  Quote this Post!
x 0   x 0  Alert Admin	rex is really charging up like a rocket....progress like unbelievable for the past week
Useful To Me  Not Useful To Me
medivh Elite	09-Sep-2013 00:15        medivh About Contact  Quote this Post!
x 0   x 1  Alert Admin	lol.. u can have the worse record profit and wide losses..     but if BBs wants to play it.. there is no stopping it (" ,)
Useful To Me  Not Useful To Me
jacelin84 Member	08-Sep-2013 23:38        jacelin84 About Contact  Quote this Post!
x 1   x 0  Alert Admin	Rex's shares being priced for perfection at the start, resulting in its subsequent corporate performance being unable to keep up with the market?s sky-high expectations is a disaster receipe.Shares that are being priced absurdly high in relation to their underlying value would be one area to avoid.
Useful To Me  Not Useful To Me
starlene Elite	08-Sep-2013 22:59        starlene About Contact  Quote this Post!
x 1   x 1  Alert Admin	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
Useful To Me  Not Useful To Me
Simpsons Veteran	08-Sep-2013 17:01        Simpsons About Contact  Quote this Post!
x 0   x 0  Alert Admin	Dude ho, at 1st glance of their earning, u can see the loss has widen drastically..if a company keep making huge loss yoy qoq, even they have powerful backings, it is just speculative and they might have incurs more losses before thing turn around, by then BB might have left this ship.. Like i said, i am also vested in this but have to trade with extreme care and dun think can hit $1..even if it does, how many retailers can stomach the roller coastal..lol
Useful To Me  Not Useful To Me
Gooners1975 Member	08-Sep-2013 16:53        Gooners1975 About Contact  Quote this Post!
x 0   x 1  Alert Admin	true true. that is why when their results come out as loss, i mentioned that it was normal coz Rex is basically an oil exploration company. it will only show black in their books when they managed to locate the oil wells. also, funds need to be invested deep to explore and more often than not, the company will come back to seek new funds again if needed to continue their exploration. having said that, Rex is highly backed by strong investors also due to their patented technology to locate oil. a look at their website tells u that they have 2 oil sites in the US to   start production in Q4 in this year, which gives rise to even more confidence in this counter.
Useful To Me  Not Useful To Me
h0ly0wl Senior	08-Sep-2013 16:43        h0ly0wl About Contact  Quote this Post! Style: Combined   Mood: Yells: "Huat Big Big!"
x 0   x 1  Alert Admin	Dude, rex is an oil exploration company, how can you expect them to produce good results with good revenues and no loss when they have not even found oil? Just take a look at how bbs killed the shortists on friday afternoon will they you that they meant business. With such strong backers supporting thid stock from back, i am not surprised that it will hit $1 when they found oil.
Useful To Me  Not Useful To Me
Simpsons Veteran	08-Sep-2013 10:10        Simpsons About Contact  Quote this Post!
x 0   x 0  Alert Admin	Bro star, dun like that say leh.. Newbies will any o how chiong in and kana stuck leh.. Although rex is a cornered stocks but with the bad result, i am not confident abt hitting $1.. I am also vested in this as i bought high and never cut when it drops.. So pls trade within your limit and care as i noticed many ipos ran for a period and prices dropped more than 50% when BB exit.. starlene      ( Date: 07-Sep-2013 21:03) Posted: Ramba is in the production of oil...and I feel the offer at 65cts may be too low...Imagine offer at 65cts ..hold potential for REX with major strong shareholders if oil is discovered(matter of time only)..crossing the $1 shd not be a problem..Ramba is still losing $$$ like REX....more upside for REX based on..   What is important is the fact that its cash fro IPO is ununtilised. The gunpowder is still dry and in the locker. Which also means there will be no fund raising for some time Quote from Elena Tang:.... 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 that matters,,,see by 4pm the price of REX climbed up again     Octavia           ( Date: 07-Sep-2013 15:34) Posted:  PrimePartners Corporate Finance Pte. Ltd. (" PPCF" ) wishes to announce, for and on behalf of Sugih Energy Pte. Ltd. (the " Offeror" ), that subject to and contingent upon the satisfaction of the Pre-Conditions (as defined in Section 2.1 below), the Offeror intends to make a voluntary conditional cash partial offer (the " Partial Offer" ) to acquire 51% of the issued ordinary shares (" Shares" ) in the capital of Ramba Energy Limited (the " Company" ) as at the Record Date (as defined in Section 15 below). As at the Announcement Date and subject to further enquiries to be made as described in Section 12.4 below, parties set out in Appendix 1 of this Announcement are deemed acting in concert with the Offeror (" Relevant Persons" ) and they own an aggregate of 112,201,200 Shares, representing approximately 32.74% of the total number of issued Shares1. Details of the shareholdings of the Relevant Persons as at the Announcement Date (if any) are set out against their respective names in Appendix 1 of this Announcement. 3.1 Principal Terms of the Partial Offer Subject to and contingent upon the satisfaction or waiver of the Pre-Conditions and the terms and conditions to be set out in the Offer Document, the Offeror intends to make the Partial Offer in accordance with Rule 16.4 of the Code on the following basis: (a)  Offer Shares. The Partial Offer will be made for 51% of the issued Shares as at the Record Date, not already owned, controlled or agreed to be acquired by the Offeror(the " Offer Shares" ). (b) Offer Shareholders. The Partial Offer will be extended to all holders of Shares in issue as at the Record Date, including parties acting or presumed to be acting in concert with the Offeror in connection with the Partial Offer (the " Offer Shareholders" ). (c) Offer Price. The Partial Offer will be made on the following basis: For each Offer Share: S$0.65 in cash (the " Offer Price" ) 7.1 Information on the Offeror The Offeror is a company incorporated in the Republic of Singapore on 24 July 2013 and is a direct wholly-owned subsidiary of Sugih. Its principal activities are those of an investment holding company and was set up by Sugih for the purpose of the Partial Offer. As at the Announcement Date, the Offeror has an issued share capital of S$2.00 comprising two issued ordinary shares held by Sugih. As at the Announcement Date, the directors of the Offeror are Mr Andhika Anindyaguna Hermanto, Mr Fachmi Zarkasi and Mr Christopher Stanley Gani. 7.2 Information on Sugih Sugih is an energy producer incorporated in Indonesia and is listed on the IDX. Sugih's core businesses are (i) oil and gas exploration and (ii) oil and gas services. Within the energy sector, Sugih offers a wide range of services, such as integrated drilling services, equipment procurement and rental, rig mobilization, well work-over and enhancement services, as well as drilling consulting throughout Indonesia. Through its subsidiaries, Sugih currently holds equity interests in two exploration blocks in Sumatra, Indonesia: (a) a 49% equity interest in Lemang PSC block (the other 51% being held by the Company as mentioned below) and (b) a 100% equity interest in Kalyani PSC block as an operator. As at 5 September 2013, Sugih has a market capitalization of approximately IDR 10.73 trillion. Based on Sugih's annual report for the financial year ended 31 December 2012 (" FY2012" ), Sugih recorded revenue and gross profit of approximately US$7,556,567 and US$5,331,196 respectively for FY2012. As at the Announcement Date, the members on the Board of Commissioners of Sugih are Mr Erros Djarot, Mr Wally Abdullah Saleh, Mr John Aryananda and Mr Zaenal Asikin. As at the Announcement Date, the directors of Sugih are Mr Andhika Anindyaguna, Mr Christopher Stanley Gani, Mr Fachmi Zarkasi and Mr Chia Hsin Wu. 8. INFORMATION ON THE COMPANY The main businesses of Ramba and its subsidiaries (the " Ramba Group" ) are (i) oil and gas exploration and production in Indonesia and (ii) supply chain related logistic services in the region (including transportation activities, distribution management, seaport and airport cargo handling services, etc). The Company also has a portfolio of oil and natural gas assets in Indonesia and has recently announced the discovery of oil reserves at Lemang PSC block in Sumatra, Indonesia. Through its local subsidiary, Hexindo, the Company holds a 51% equity interest in Lemang PSC block as an operator. 9.3 Harnessing potential synergies Sugih sees significant potential for achieving operational, geographical, and brand synergies by leveraging on the strengths of both entities in areas such as: (a) enhancing the level of operational synergies between Sugih and its subsidiaries (the " Sugih Group" ) and the Ramba Group by establishing a global supply chain for the Sugih Group and the Ramba Group with a view to achieving savings in procurement due to demand aggregation, superior bargaining power and better terms with their suppliers and a more efficient business management system  (b) marketing of the integrated product offerings of the Sugih Group and the Ramba Group under a unified brand name will help in capitalising on the opportunity to create a global brand name in the industry by leveraging each other?s resources, expertise and capabilities and at the same time will result in economies of scale in advertising and marketing spend  (c) potential synergies for the Sugih Group to work together with the Ramba Group to tap on the opportunities in the procurement of oil and gas contracts by the provision of a cross-geographical business network and (d) greater collaboration between the Sugih Group and the Ramba Group to create the ability to drive regional expansion on a platform of providing advanced services and high-quality products across geographical boundaries. Through the Partial Offer, not only economies of scale can be derived through increased bargaining power, consolidation of purchasing volume and ompetitiveness, which would enable the Sugih Group and the Ramba Group to be accorded higher regard and priority in services amongst its suppliers, distributors and business partners but it will also lead to improved offerings to customers, exciting career opportunities for employees and long-term value for stakeholders 9.5 Realisation of part of their investments by the Offer Shareholders at a premium to the benchmark prices referred to in Section 6 above, coupled with an opportunity to stay invested in the Company The Partial Offer presents an opportunity for the Offer Shareholders to realise part of their investment at a premium to the benchmark prices of the Offer Shares referred to in Section 6 above while retaining the balance of their equity interest in the Company which will provide the option to continue to participate in the long-term growth of the Company under the guidance of Sugih. 9.6 Retention of listing status The Partial Offer allows for the retention of the Company?s listing status on the SGX-ST and such continued listing will further enable the Company to provide the Offer Shareholders with an ongoing interest in its future financial performance and to remain invested in the long term growth of the Company.
Useful To Me  Not Useful To Me
WanSiTong Master	07-Sep-2013 21:47        WanSiTong About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	My Gateway has this note of caution on MOG (mineral,  oil & gas) plays............... MOG Cos may undergo long periods of time without making economic realization, and may return to the market for several rounds of fund raising for further project development. One key sector risk is that a Co may not be able to progress to the next stage of development, or to a stage where it is able to generate revenue.
Useful To Me  Not Useful To Me
starlene Elite	07-Sep-2013 21:03        starlene About Contact  Quote this Post!
x 0   x 0  Alert Admin	Ramba is in the production of oil...and I feel the offer at 65cts may be too low...Imagine offer at 65cts ..hold potential for REX with major strong shareholders if oil is discovered(matter of time only)..crossing the $1 shd not be a problem..Ramba is still losing $$$ like REX....more upside for REX based on..   What is important is the fact that its cash fro IPO is ununtilised. The gunpowder is still dry and in the locker. Which also means there will be no fund raising for some time Quote from Elena Tang:.... 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 that matters,,,see by 4pm the price of REX climbed up again     Octavia           ( Date: 07-Sep-2013 15:34) Posted:  PrimePartners Corporate Finance Pte. Ltd. (" PPCF" ) wishes to announce, for and on behalf of Sugih Energy Pte. Ltd. (the " Offeror" ), that subject to and contingent upon the satisfaction of the Pre-Conditions (as defined in Section 2.1 below), the Offeror intends to make a voluntary conditional cash partial offer (the " Partial Offer" ) to acquire 51% of the issued ordinary shares (" Shares" ) in the capital of Ramba Energy Limited (the " Company" ) as at the Record Date (as defined in Section 15 below). As at the Announcement Date and subject to further enquiries to be made as described in Section 12.4 below, parties set out in Appendix 1 of this Announcement are deemed acting in concert with the Offeror (" Relevant Persons" ) and they own an aggregate of 112,201,200 Shares, representing approximately 32.74% of the total number of issued Shares1. Details of the shareholdings of the Relevant Persons as at the Announcement Date (if any) are set out against their respective names in Appendix 1 of this Announcement. 3.1 Principal Terms of the Partial Offer Subject to and contingent upon the satisfaction or waiver of the Pre-Conditions and the terms and conditions to be set out in the Offer Document, the Offeror intends to make the Partial Offer in accordance with Rule 16.4 of the Code on the following basis: (a)  Offer Shares. The Partial Offer will be made for 51% of the issued Shares as at the Record Date, not already owned, controlled or agreed to be acquired by the Offeror(the " Offer Shares" ). (b) Offer Shareholders. The Partial Offer will be extended to all holders of Shares in issue as at the Record Date, including parties acting or presumed to be acting in concert with the Offeror in connection with the Partial Offer (the " Offer Shareholders" ). (c) Offer Price. The Partial Offer will be made on the following basis: For each Offer Share: S$0.65 in cash (the " Offer Price" ) 7.1 Information on the Offeror The Offeror is a company incorporated in the Republic of Singapore on 24 July 2013 and is a direct wholly-owned subsidiary of Sugih. Its principal activities are those of an investment holding company and was set up by Sugih for the purpose of the Partial Offer. As at the Announcement Date, the Offeror has an issued share capital of S$2.00 comprising two issued ordinary shares held by Sugih. As at the Announcement Date, the directors of the Offeror are Mr Andhika Anindyaguna Hermanto, Mr Fachmi Zarkasi and Mr Christopher Stanley Gani. 7.2 Information on Sugih Sugih is an energy producer incorporated in Indonesia and is listed on the IDX. Sugih's core businesses are (i) oil and gas exploration and (ii) oil and gas services. Within the energy sector, Sugih offers a wide range of services, such as integrated drilling services, equipment procurement and rental, rig mobilization, well work-over and enhancement services, as well as drilling consulting throughout Indonesia. Through its subsidiaries, Sugih currently holds equity interests in two exploration blocks in Sumatra, Indonesia: (a) a 49% equity interest in Lemang PSC block (the other 51% being held by the Company as mentioned below) and (b) a 100% equity interest in Kalyani PSC block as an operator. As at 5 September 2013, Sugih has a market capitalization of approximately IDR 10.73 trillion. Based on Sugih's annual report for the financial year ended 31 December 2012 (" FY2012" ), Sugih recorded revenue and gross profit of approximately US$7,556,567 and US$5,331,196 respectively for FY2012. As at the Announcement Date, the members on the Board of Commissioners of Sugih are Mr Erros Djarot, Mr Wally Abdullah Saleh, Mr John Aryananda and Mr Zaenal Asikin. As at the Announcement Date, the directors of Sugih are Mr Andhika Anindyaguna, Mr Christopher Stanley Gani, Mr Fachmi Zarkasi and Mr Chia Hsin Wu. 8. INFORMATION ON THE COMPANY The main businesses of Ramba and its subsidiaries (the " Ramba Group" ) are (i) oil and gas exploration and production in Indonesia and (ii) supply chain related logistic services in the region (including transportation activities, distribution management, seaport and airport cargo handling services, etc). The Company also has a portfolio of oil and natural gas assets in Indonesia and has recently announced the discovery of oil reserves at Lemang PSC block in Sumatra, Indonesia. Through its local subsidiary, Hexindo, the Company holds a 51% equity interest in Lemang PSC block as an operator. 9.3 Harnessing potential synergies Sugih sees significant potential for achieving operational, geographical, and brand synergies by leveraging on the strengths of both entities in areas such as: (a) enhancing the level of operational synergies between Sugih and its subsidiaries (the " Sugih Group" ) and the Ramba Group by establishing a global supply chain for the Sugih Group and the Ramba Group with a view to achieving savings in procurement due to demand aggregation, superior bargaining power and better terms with their suppliers and a more efficient business management system  (b) marketing of the integrated product offerings of the Sugih Group and the Ramba Group under a unified brand name will help in capitalising on the opportunity to create a global brand name in the industry by leveraging each other?s resources, expertise and capabilities and at the same time will result in economies of scale in advertising and marketing spend  (c) potential synergies for the Sugih Group to work together with the Ramba Group to tap on the opportunities in the procurement of oil and gas contracts by the provision of a cross-geographical business network and (d) greater collaboration between the Sugih Group and the Ramba Group to create the ability to drive regional expansion on a platform of providing advanced services and high-quality products across geographical boundaries. Through the Partial Offer, not only economies of scale can be derived through increased bargaining power, consolidation of purchasing volume and ompetitiveness, which would enable the Sugih Group and the Ramba Group to be accorded higher regard and priority in services amongst its suppliers, distributors and business partners but it will also lead to improved offerings to customers, exciting career opportunities for employees and long-term value for stakeholders 9.5 Realisation of part of their investments by the Offer Shareholders at a premium to the benchmark prices referred to in Section 6 above, coupled with an opportunity to stay invested in the Company The Partial Offer presents an opportunity for the Offer Shareholders to realise part of their investment at a premium to the benchmark prices of the Offer Shares referred to in Section 6 above while retaining the balance of their equity interest in the Company which will provide the option to continue to participate in the long-term growth of the Company under the guidance of Sugih. 9.6 Retention of listing status The Partial Offer allows for the retention of the Company?s listing status on the SGX-ST and such continued listing will further enable the Company to provide the Offer Shareholders with an ongoing interest in its future financial performance and to remain invested in the long term growth of the Company.
Useful To Me  Not Useful To Me
Simpsons Veteran	06-Sep-2013 23:51        Simpsons About Contact  Quote this Post!
x 0   x 0  Alert Admin	Lol..when it strike oil..should be a signal to jump ship liao...lol
Useful To Me  Not Useful To Me
Gooners1975 Member	06-Sep-2013 23:50        Gooners1975 About Contact  Quote this Post!
x 0   x 0  Alert Admin	quite true but honestly, dont think anyone will leave this ship. without striking oil, it can already achieve so much in price. i can't imagine how the price will shoot up once it DID strike oil eventually  Simpsons      ( Date: 06-Sep-2013 23:37) Posted: Rex can win both short and long if u are not greedy..lol.. The wide swing poised opportunity to make money.. Impt is not to be the only one left when everyone abandon the ship..lol..
Useful To Me  Not Useful To Me
Simpsons Veteran	06-Sep-2013 23:37        Simpsons About Contact  Quote this Post!
x 0   x 0  Alert Admin	Rex can win both short and long if u are not greedy..lol.. The wide swing poised opportunity to make money.. Impt is not to be the only one left when everyone abandon the ship..lol..
Useful To Me  Not Useful To Me

                                                         First   < Newer   421-440 of 859   Older>   Last