Latest Forum Topics / Rex Intl Last:0.107 -0.001 | Post Reply |
Rex International
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starlene
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30-Sep-2013 14:37
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Rex broke < 90cts...can't defy gravity in times like that  
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medivh
Elite |
30-Sep-2013 00:33
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This bugger is going to trade above $1 in the mth of Oct.
Huat ahh.. |
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Jacques
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25-Sep-2013 15:44
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My TP is $1.15 | |||||||||||||||||
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dicksonh
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23-Sep-2013 10:04
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wah! chiong hope it can go up to $1 | |||||||||||||||||
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WanSiTong
Master |
23-Sep-2013 09:56
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? Independent E& P player armed with potentially revolutionary exploration technology
? First mover advantage in ?seeing? oil gives it a head start in cherry picking attractive licences
? Potential multi-bagger as it buys assets cheap and spins off successful discoveries
? Initiate with BUY and S$1.27 TP catalysts to come from licence adds, oil hits Rex International Holding (RIH) will have access to proprietary oil & gas exploration technologies, including Rex Virtual Drilling (VD), which uses resonance frequency theory to identify and characterise reservoirs in the areas to be drilled, thereby substantially lowering the chances of hitting a dry well. 
RIH is positioned to capture the highest value in the E& P value chain through successful discoveries and limiting capex requirements in expensive offshore areas. 
We estimate that the use of Rex VD could yield success rates in excess of 50%, compared to global average of around 15% using traditional methods, thus potentially boosting project ROIs to > 100%.
Diversified asset portfolio provides strong growth platform
The Group currently has stakes in 15 concession areas in mature oil & gas development areas - the USA, Caribbean, Norway, Oman and UAE - with plans to expand the portfolio further. The trust from partners and governments demonstrates the credibility of the technology, which has recently been further enhanced by validation from Norwegian partner North Energy, who reported an 85% success rate in using Rex VD to predict drilling results in 41 prospects over a 2 year time frame.
Initiate with BUY, expect catalysts from continuous positive news flow
Based on a sum-of-the-parts valuation using conservative chances of success, we arrive at a TP of S$1.27 for RIH, which implies close to 50% upside at current levels. Over the next 2 years, we expect RIH to rapidly add on to its licence portfolio, while also delivering on its drilling programmes at various regions, with the first well results from Oman likely in early-2014.
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WanSiTong
Master |
23-Sep-2013 09:54
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? Independent E&P player armed with potentially revolutionary exploration technology ? First mover advantage in ?seeing? oil gives it a head start in cherry picking attractive licences ? Potential multi-bagger as it buys assets cheap and spins off successful discoveries ? Initiate with BUY and S$1.27 TP catalysts to come from licence adds, oil hits More than your average independent oil & gas E&P company Rex International Holding (RIH) will have access to proprietary oil & gas exploration technologies, including Rex Virtual Drilling (VD), which uses resonance frequency theory to identify and characterise reservoirs in the areas to be drilled, thereby substantially lowering the chances of hitting a dry well. RIH is positioned to capture the highest value in the E&P value chain through successful discoveries and limiting capex requirements in expensive offshore areas. We estimate that the use of Rex VD could yield success rates in excess of 50%, compared to global average of around 15% using traditional methods, thus potentially boosting project ROIs to >100%. Diversified asset portfolio provides strong growth platform The Group currently has stakes in 15 concession areas in mature oil & gas development areas - the USA, Caribbean, Norway, Oman and UAE - with plans to expand the portfolio further. The trust from partners and governments demonstrates the credibility of the technology, which has recently been further enhanced by validation from Norwegian partner North Energy, who reported an 85% success rate in using Rex VD to predict drilling results in 41 prospects over a 2 year time frame. Initiate with BUY, expect catalysts from continuous positive news flow Based on a sum-of-the-parts valuation using conservative chances of success, we arrive at a TP of S$1.27 for RIH, which implies close to 50% upside at current levels. Over the next 2 years, we expect RIH to rapidly add on to its licence portfolio, while also delivering on its drilling programmes at various regions, with the first well results from Oman likely in early-2014. | |||||||||||||||||
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dicksonh
Veteran |
23-Sep-2013 09:02
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rex chiong today | |||||||||||||||||
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starlene
Elite |
19-Sep-2013 09:23
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old news bro..albedo n rowsley,maxi cash still better,rex can wait | |||||||||||||||||
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dicksonh
Veteran |
19-Sep-2013 08:30
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REX INTERNATIONAL HOLDING TO ACQUIRE STAKES IN TWO MORE LICENCES IN NORWAY  http://rex.listedcompany.com/newsroom/20130918_074048_5WH_B43A6B8869A9DDE548257BE9003AB308.1.pdf   Rex International Holding to acquire stakes in two more licences in Norway Total licences to increase to 15 in four regions from initial 10 as at listing on 31 July Rex?s technology strongly validated by North Energy?s live test results Due diligence completed and drilling programme firmed up for Trinidad & Tobago licences SINGAPORE, 18 September 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 of the Singapore Exchange Securities Trading Limited, is pleased to update that its 65 per cent indirectly owned subsidiary Lime Petroleum Norway AS (?Lime?), will receive 10 per cent stakes in each of two new exploratory licences in Norway from North Energy ASA (?North Energy?), as a result of the co-operation agreement between Lime and North Energy. No consideration is needed to be paid for the transfer of the 10 per cent stakes, which is pending regulatory approval. These two licences had been awarded to North Energy in the 22nd licensing round by the Norwegian Oil and Energy Department in June 2013. Both licences, PL 707 and PL 708, are situated in the Barents Sea, in proximity to the coast on the Finnmark East platform. |
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dicksonh
Veteran |
18-Sep-2013 10:20
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can rex still move up to 0.90? | |||||||||||||||||
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starlene
Elite |
18-Sep-2013 10:02
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Analysts sometimes always wrong/inaccurate..scary see..  
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starlene
Elite |
18-Sep-2013 09:11
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When u least expect it,within 15 mins REX chiong with vol     |
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mb7269
Senior |
13-Sep-2013 16:20
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manage to get rid of it yesterday at .90 will wait at .84  |
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starlene
Elite |
13-Sep-2013 16:17
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Only 10000 shorted REX and kena buyin today   Buying-In Securities on September 13, 2013 HP NAME QUANTITY A-Sonic 134,000 AP Strat 987 AUSSINO^ 100,000 Albedo W180329 145,000 AsiaMed 10,000 CH Offshore 5,000 CMPacific 2,000 ChinaMinzhong 26,000 ChuanHup 25,000 Dyna-Mac 3,000 GLP 5,000 GRP 20,000 Genting SP 7,000 GoldenAgr 1,000 Innopac 50,000 JiutianC 350,000 Kingboard 3,000 Lian Beng 2,000 LifeBrandz 100,000 Metal Comp 60,000 Mirach Ener 107,000 NOL 29,000 Ntegrator W160603 10,000 Rex Intl 10,000 Rowsley 50,000 Roxy-Pacific  |
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starlene
Elite |
13-Sep-2013 15:46
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Last thur n fri sept 5 & 6 respecctively combined vol done> 80mil..if can remain 86-88cts for today will be healthy..attended a previe by CK of Asiacharts..he claimed REX and rowsley still looks ok on charts..he also quite zhun | |||||||||||||||||
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Gooners1975
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12-Sep-2013 17:22
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wondering will rex appear on short list today.... | |||||||||||||||||
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newbieliu
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12-Sep-2013 17:16
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Think difficult to surge between previous high sigh poor result still. Not attracting attention like other counters | |||||||||||||||||
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Vafirish
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12-Sep-2013 14:15
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The resistance at 9cents is just too great.     |
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Gooners1975
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12-Sep-2013 14:12
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feel a bit hard....just cant go past 0.90 | |||||||||||||||||
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dicksonh
Veteran |
12-Sep-2013 11:54
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CHIONG!!!!!!!! can pass $1? ehehehe   |
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