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Latest Posts By ozone2002 - Supreme      About ozone2002
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11-Apr-2008 15:39 SPC   /   SPC       Go to Message
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good stuff cannot bluff..

 
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11-Apr-2008 13:09 GLD USD   /   Gold going up this year?       Go to Message
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this is only just the beginning...

when u watch movie cannot show climax at the 1st part mah..must tarek a bit..then ending got cliffhanger better still..haha..

same story as gold..mark my words..gold is gonna make u RICH
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11-Apr-2008 11:39 SPC   /   SPC       Go to Message
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Chiong becoz of this perhaps

 

SPC poised to invest in refinery upgrading

SINGAPORE Petroleum Company (SPC) looks set to invest soon in further refinery plant upgrading to enable it to produce clean motor gasoline as well as process a wider range of difficult crudes to improve its margins.

This was hinted at by its chairman Choo Chiau Beng in its just-released 2007 annual report.

Plans for the ultra-low sulphur gasoline plant were first disclosed by SPC CEO Koh Ban Heng in an interview with BT last September.

At that time, he said that following the start of construction of a US$121 million upgrading to produce clean diesel at its joint venture Singapore Refining Company (SRC) refinery with Chevron, the partners intend to finalise the clean gasoline venture within six months - which suggests that this could come anytime now.

The clean gasoline upgrading will potentially cost up to US$200 million, Mr Koh indicated.

Further down the road, the SRC partners are also considering a coker plant - costing US$300-400 million to upgrade heavy fuel oil into more valuable products like petrol and diesel, he said.

Mr Choo said in the annual report that just as the clean diesel venture will enable SPC to meet Euro-IV diesel specifications by 2009 (and export this to 'greener' markets), 'continuous upgrading of the refining capabilities to meet changing emission standards will remain a priority'.

On the outlook for this year, the SPC chairman said that 'although the volatility in global financial markets is likely to restrain economic activities, refining margins are expected to remain relatively healthy given the continued lack of meaningful spare capacity and continuing strong demand for oil products from Asia, the Middle East and Russia'.

Upstream, SPC is also reaping the fruits of its oil and gas exploration as by end-2007, its average production had shot up to 10,000 barrels of oil equivalent per day, up from below 3,000 barrels at the start of the year.

This came from its acquisition of producing oilfields in China's Bohai Bay, as well as production from its Indonesian Kakap and Oyong fields.

Last year, despite the extreme volatility in the oil markets, SPC turned in its best performance to date, with a 78 per cent jump in profit after tax to $508.3 million.
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11-Apr-2008 11:38 Straits Times Index   /   STI to cross 3000 boosted by long-term investors       Go to Message
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Vol so FREAKING thin...naturally STI up...

looks like unsustainable...PUT WARRANT PLAY AGAIN!!.. :)
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11-Apr-2008 09:08 CapitaLand   /   CapitaLand: Too early to bottom fish       Go to Message
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go up more today i will CFD short this bugger again..
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11-Apr-2008 09:07 COSCO SHP SG   /   CoscoCorp       Go to Message
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buy more no scared!
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10-Apr-2008 15:20 COSCO SHP SG   /   CoscoCorp       Go to Message
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ok i volunteer to start a new company called Sharejunction Management LLC.

each on of the sharejunction forumers buy 10 lots of cosco each..

Vote NickyNg as the fund manager responsible for the performance of the fund..keke
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10-Apr-2008 14:25 COSCO SHP SG   /   CoscoCorp       Go to Message
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2 words of advice... - BUYING OPPORTUNITY
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10-Apr-2008 14:24 CapitaLand   /   CapitaLand: Too early to bottom fish       Go to Message
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almost 30c profit in 2 days ...better than my day job..;p..

go down somemore!!
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10-Apr-2008 11:04 Ezra   /   Ezra       Go to Message
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Goldman n DBS had a buy call on this Gem...

http://www.remisiers.org/research//ezra-gs.pdf

 
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10-Apr-2008 10:57 GLD USD   /   Gold going up this year?       Go to Message
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start accumulating this..

u'll thanked me when the US economy and subsequently the USD tanks big time!
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10-Apr-2008 10:53 COSCO SHP SG   /   CoscoCorp       Go to Message
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be greedy when there's fear... be fearful when there's greed...

SO BUY ..cos this company is gonna do well as long as commodities and oil maintain their high levels..

if not who's gonna order rigs & ship the commodities?
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10-Apr-2008 08:53 Straits Times Index   /   STI to cross 3000 boosted by long-term investors       Go to Message
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poooooooooooooooooooot warrants...
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10-Apr-2008 08:51 CapitaLand   /   CapitaLand: Too early to bottom fish       Go to Message
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i shortin tis bugger later have to buy back..don't compete with mi to buy lei..keke..
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09-Apr-2008 17:22 Straits Times Index   /   STI to cross 3000 boosted by long-term investors       Go to Message
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gloom n doom report

SHANGHAI, China - Chinese stocks have fallen Wednesday, with the benchmark
Shanghai Composite Index shedding 5.5 percent as jittery investors unloaded
shares in an afternoon sell-off.


The 198.63-point decline in the Shanghai index, to 3,413.91, caps a
three-day streak of advances that brought share prices back from one-year
lows hit last week.


Market heavyweight PetroChina pulled the index lower, dropping 4.9 percent
to 17.31.


Financial stocks also fell sharply. Industrial & Commercial Bank of China
fell 4.1 percent to 6.04 yuan. Shanghai Pudong Development Bank fell 7.5
percent to 34.55 yuan. Bank of China fell 3.5 percent to 5.01 yuan
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09-Apr-2008 16:12 CapitaLand   /   CapitaLand: Too early to bottom fish       Go to Message
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20c down today..further downside..
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09-Apr-2008 14:09 Straits Times Index   /   STI to cross 3000 boosted by long-term investors       Go to Message
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tat is music to my ears... PUT WARRANTS...
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09-Apr-2008 09:10 CapitaLand   /   CapitaLand: Too early to bottom fish       Go to Message
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shorties unite..  massacre this bugger..keke
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08-Apr-2008 20:25 CapitaLand   /   CapitaLand: Too early to bottom fish       Go to Message
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looks over bought to me...time to short it baby!

 
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08-Apr-2008 20:23 Ezra   /   Ezra       Go to Message
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EZRA NET PROFIT ATTRIBUTABLE JUMPS 8 FOLD!!!!!!!!!!!!!!!

check SGX annoucements for more details
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