Shares & Derivatives
Is Rex International Still A Good Buy Now?
By sgstockmarketinvestor  •  October 22, 2021
As oil prices continue to surge, investors are curious if there are any good oil companies left to invest in, to leverage on this opportunity. The most talked-about one in the Singapore market would be Rex International (SGX: 5WH) and for good reason as well. With a strong track record and fantastic growth potential, it is not surprising to see why investors are accumulating as much as they can to ride on the current oil craze. Based on its 52-week share price low of $0.13 to its last close price of $0.36, that represents a 177% growth in just 1 year. Is there any more upside left for investors to capitalize on or is it time to take profits off the table and move on? Rex International The company’s main activities are in offshore oil exploration in assets located in Oman and Norway. The company owns Rex Virtual Drilling, which is developed by its Swedish founders. Rex Virtual Drilling...
Read the full article
By sgstockmarketinvestor
Hey there! I’m Gavin! No I didn’t study in a business/finance school, neither do I have any background in business/finance. I did take POA in my secondary school but that’s about it. This is just my website where I share stock analyses as well as my journey in investing. Do take note that whatever I share is not a buy or sell call, and is purely just me sharing my thoughts. If you like what I do, please do support me by visiting and sharing my page often whenever I post my stock analyses.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance