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..
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
Originally Posted by Gooners1975 View Post
now hopefully can sustain at 90 and not hover down frequently
..Rex did not went <85 potential upside when the debt ceiling fear is over..once it overcome this 80cts convincingly the next level is to cross 90cts before attempting the $1 mark..confidence is returning when it did not went under 85cts
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 120,000 0.890 0.895 131,000 0.890 +0.015 +1.710 2,998,000 0.900 0.870 R 14:16:52 NA
Originally Posted by Gooners1975 View Post
now hopefully can sustain at 90 and not hover down frequently
..Rex did not went <85 potential upside when the debt ceiling fear is over..once it overcome this 80cts convincingly the next level is to cross 90cts before attempting the $1 mark..confidence is returning when it did not went under 85cts
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 120,000 0.890 0.895 131,000 0.890 +0.015 +1.710 2,998,000 0.900 0.870 R 14:16:52 NA
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
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