Rex: Oman Production Gaining Steam; Could It Really Trade at 1x 2021 Pre-Tax Profits?
Rex is a misunderstood oil company trading on SGX. Our calculations show the stock could be trading at +/- 1x 2021 pre-tax profits. There is wild...
1.5k Views
IFM Investors to Launch a Partial Hostile Tender Offer for Naturgy
Criteria Caixa must decide whether to tender. I recommend LONG NTGY SM (gross spread 3.7%). Failure to tender would mean keeping a share with...
519 Views
Enhanced Limits to Investments in Spanish Companies
Any attempt to acquire over 10% of a Spanish listed company by any foreign investor must be approved by the Cabinet. This could prevent bids of...
610 Views
Rex Int: From Virtual Drilling Tech Play to Pumping Oil in Oman; Overlooked Bargain + M&A Candidate
Rex International Holding (REXI SP) will celebrate its 7th year of being listed on the SGX this Friday. Rex IPO'd late July 2013 at 0.50 SGD and...
1k Views
Saudi Aramco and ESG: When Assets Become Liabilities
To date, my Smartkarma research has focused on big-picture ESG themes. Previous Insights covered specific stocks in a thematic context, but I...
868 Views