[New post] UOBKH: Rex International Holding – BUY TP SGD0.46 (Previous SGD0.30)

alanyeo posted: " Expect A Spectacular Year From Favourable Oil Prices And New Oil Field Rex's 2021 earnings are expected to reach US$50m, vs a US$14m loss in 2020, from much higher oil prices. Rex's US$43m acquisition of Brage field would help boost production volum" New post on Alpha Edge Investing UOBKH: Rex International Holding – BUY TP SGD0.46 (Previous SGD0.30) by alanyeo Expect A Spectacular Year From Favourable Oil Prices And New Oil Field Rex's 2021 earnings are expected to reach US$50m, vs a US$14m loss in 2020, from much higher oil prices. Rex's US$43m acquisition of Brage field would help boost production volumes by 3,440 bbl/day. We raise our SOTP-based target price by 53% to S$0.46, […] Read more of this post alanyeo | October 11, 2021 at 11:19 am | Tags: REX International | Categories: Equities - Research Reports by Brokers/ Banks | URL: https://wp.me/p7fA1-4V4 Comment    See all comments Unsubscribe to no longer receive posts from Alpha Edge Investing. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://alphaedgeinvesting.com/2021/10/11/uobkh-rex-international-holding-buy-tp-sgd0-46-previous-sgd0-30/