agree 100% with NKN1...

fund managers buy big volume not these small blocks...and Hibicus all small blocks free float only

more success with REX...

but sell lah....(per Ganasai)

SINGAPORE, 16 December 2013 – Rex International Holding Limited (“Rex International Holding”
or 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, wishes to update that it
has been informed by Fram Exploration ASA (“Fram”), the operator of the Colorado and North
Dakota concessions (“US Concessions”), that Schlak #3 in North Dakota will be the first well to be
put on production, following oil discovery made with the assistance of Rex Virtual Drilling
technology. The onshore well has now reached a stable early production of about 50-60 barrels per
day (bpd) of oil.

banyak kit kat...now Hibiscus also lau sai already

later 3pm see pickup or not...the EU people join in...or maybe they sell also

Kenanga has an even higher TP:

Petroliam Nasional Bhd (PETRONAS) has formally announced the winners for the Pan Malaysia Integrated Offshore Installation Contract last week. Package A was awarded to Barakah Offshore Petroleum Bhd (BARAKAH; OP; TP: RM1.98);

FROM HONG LEONG INVESTMENT BANK:
===================================

To note, Barakah has registered as a qualified
contractor with Saudi Arabian Oil Company to provide services for offshore T&I,
maintenance top side, pre-commissioning and commissioning, maintenance platforms
and pipelines services.
On 21 May 2013, Barakah JV, PBJV Gulf Co Ltd (~85% stake) has participated in its
first bidding exercise for pipeline installation works in Saudi Arabia and Kuwait Territory.
We understand the tender is at technical clarification stage whereby the results will be
known by end of 2013. The contract value is estimated to range from RM500m to
RM1.5bn with 5 years duration.

agree with PSD...stay invested...a Saudi tender results coming soon...

cherry tomato
441 posts
Posted by cherry tomato > Dec 16, 2013 09:30 AM | Report Abuse

out of RM10 billion only get 1.5billion????
down hill already.


What did Alam Maritim get??

Target price raised to MYR1.85. Barakah has bagged PETRONAS’ Pan Malaysia Transportation and Installation (T&I) Package A works worth about MYR1.5b. This is a major positive to its operating capability and franchise. For this, we raise our FY14/15 earnings forecasts by 43%/65% and lift target price to MYR1.85 (+12%), pegged to an unchanged 14x FD FY15 PER. There is still further upside to our earnings estimates should Barakah successfully secures a similar tender win in Saudi Arabia. Maintain Buy.

ok out already MBB target price RM1.85 kalau tak silap...still some upside to go :-)

best signal ---> wait for investment bankers analyst...or cannot wait --> look at PSD post the target price

haven't issue yet by investment banks...aiya...u refer PSD punya...more or less the same...kekekeke

even if sell...wait for the new TP by investment banks

REX already 433k volume ad up 1 cents...hehehe

Aban 7 positioning itself before 2nd well spudding drilling

15-12-2013 16:12 0.0 58.20748 20.25252 0 Show on Map
15-12-2013 15:51 0.0 58.20749 20.25252 0 Show on Map
15-12-2013 15:10 0.0 58.20746 20.25252 0 Show on Map
15-12-2013 14:48 0.0 58.20751 20.25255 0 Show on Map
15-12-2013 14:26 0.0 58.2075 20.25253 0 Show on Map
15-12-2013 14:04 0.0 58.20745 20.25249 0 Show on Map
15-12-2013 12:29 0.0 58.20745 20.25256 0 Show on Map
15-12-2013 05:32 0.0 58.20743 20.25249 0 Show on Map

Aban 7 7 hrs ago moved to another position...

Psd...best analysis seen so far ...thumbs-up....
May bank analyst later sure copY and paste yours :-)

Wah she...plus go to hibiscus website...read the PDF file...I think under investor presentation...
See I pull or not

They are screening for an o&g field in Asia pacific...results in december

Management celebrate first...bukak monday

Monday bukak balk...hari ini Friday....bzzzz

So many kit Kat one day later diarrhoea baru tau :-)

At least RM2.3....LA would be 2.0

Re-rating for Barakah!!!!!

Masirah north north and masirah north east close by nia...

Buy 100 lot first...kekekeeke...I think today or Monday should be some news :-)

Here,s the data...

12-12-2013 17:38 In Range Arabian Sea 20.25248 58.20748 0.0 0

12-12-2013 06:14 Midday position Arabian Sea 20.25252 58.20753 0.0 0

The x,y day tukar lah...

No speed coz already stationed at 2nd well lo...

@huatah....check the iteneries history,....rig moved already!!!!

They forecast 45 days drilling from nov25 for 45 days....roughly 20 days per well...
That's why rig already at 2nd well location

Just check the aban 7....looks like anchor to 2nd well liao....u guys can check the itineries history

What u think flower power? Possible for announcement after 5pm today?

Last time u use to give us so many good points and tevpcnicalities of the drilling....but skarang only kasi kit kat

Why waste your time on a big time joker....aiyo

Guys...kota laksamana 101 finally start to move...positioning itself

ppl focus more on main share...later they realize they taruh

penny stocks in SGX nowadays not so 'hip' due to the fiasco with Asiaone, Blumont, LionGold, etc...

Aiyo Flower Powerr...don't just kasi kit-kat lah...give some technical info / tips...whats happen

or the sensor sudah rosak...so no signal lo

last signal detected is 7 hrs ago lahhhh...normally every 5 min got signal if stationary....

go to marine traffic.com

EU people masuk gelanggang around this time...hehehehe

check out where Aban 7 is now??? IT IS NOT IN THE 1ST LOCATION....MOVING TO MASIRAH NORTH EAST FOR 2nd well drilling....7hrs ago!!!

next week ought to know after analysis!!!

the 1st well drilling FINISHED already

Flower Power is right....there's some development already!!!!

refer to Sumatec track for Yanyana comments...u will know true or not

if u want to hold WA for years make sense to buy...contra or short term no pint...already at a premium

so u got 2 things going for - Masirah + new oild field

better to keep..hibiscus mentioned that they will finalised a oil field concession in AsiaPacific whithin Dec

wait for the C&W double act dispose their millions and millions before boleh naik