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SPC
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jackjames
Elite |
09-Jan-2007 23:27
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hi victorlee, as you said you attended Phillips Securities Seminar last weekend and they projected that Oil to fall to 24 USD/bbl this year!!! May I know which idiot saying that? you can just stand up and tell him, you are siao, USD 24? you can ask him to wait long long. |
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iPunter
Supreme |
09-Jan-2007 23:18
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victor_lee... 3.98 should be the trampoline point for the funds... if it goes that far... but it's not unlikely... even lower than that is likely for a stubborn trend like this one. |
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elfinchilde
Elite |
09-Jan-2007 23:15
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yep giantlow, hold steady. :) if it helps, keep off watching it everyday. elf wishes you the bestest best. :))) btw, SPC is one of the last 'little' cos in singapore left. KepCorp has nominal stake in it; inside talk is that once kepcorp sells, SPC is good for a takeover. billec, not bad info you got. :) |
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billlec
Member |
09-Jan-2007 23:10
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giantlow..be stready, the purchase by Temasek just recently, It may signal that something good is coming for SPC. Maybe some joint ventures or acquisitions of oil exploration and production companies.still have 2 more month to go. |
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giantlow
Master |
09-Jan-2007 22:47
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ok. little voice in my head, pls speak up loudly now. "wait for the results to be out on Jan 24, dun bother about the mkt noise now. and relax, prices wouldn't go below zero." |
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victor_lee
Member |
09-Jan-2007 22:45
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Yeah so acting on my own mind, today I sold @ 4.18 (bought last year at 4.98) two lots only ... seeing many other opportunities elsewhere. |
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elfinchilde
Elite |
09-Jan-2007 22:41
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yep kilroy, i second that entirely. always your own mind and no one else's. :) |
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KiLrOy
Master |
09-Jan-2007 22:37
Yells: "I buy only what I can see." |
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Victor, I think by that time, the market will think of other reasons to prop up SPC price. ;) Look at USD/JPY. Everyone says that late last year it will fall to 110.00 due to the countries diversifying its base currencies to EURO. Its now 119.34 as I speak. Whats the reason? Oh Oil Price drop so not many oil countries making money and to diversify to EURO. My point is if we hear too much, we can go bonkers and skewed our trading strategy. Just listen to one voice - your voice inside you. Jus my two cts. |
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elfinchilde
Elite |
09-Jan-2007 22:36
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...btw my Fellow giantlow, you're talking abt 4.30 and trend reversal upsign on hope. you need to focus on the reality. |
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elfinchilde
Elite |
09-Jan-2007 22:32
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argh, giantlow, other stocks! look at other stocks! never put all your eggs into one basket. i meant that theoretically lah. 'cos in a one-one relationship, you need crude to produce refined oil, right? so in an ideal world, when crude drops, your refining margins actually go up, since your supply of crude is cheaper. but of course, in reality it isn't so easy. |
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KiLrOy
Master |
09-Jan-2007 22:29
Yells: "I buy only what I can see." |
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I always believe in getting genuine mercedes parts for the mercedes car. if you are using Microsoft product like XP, why not just use Windows Defender from Microsoft itself? http://www.microsoft.com/athome/security/spyware/software/default.mspx If you are using 'chiong' XP, you may have a problem with the genuine advantage validation prior to downloading the tool. |
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giantlow
Master |
09-Jan-2007 22:24
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Elf dun realli understand what u mean by "the laughable thing for FA ppl is that, if crude drops, SPC should actually go UP." any possibility to buy contra if the price manages to recover say to about $4.30 with signs of uptrend? |
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victor_lee
Member |
09-Jan-2007 22:24
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Singaporegal thanks for sharing. Attended Phillips Securities Seminar last weekend and they projected that Oil to fall to 24 USD/bbl this year!!! If oil price slide to this level, can't imagine what the refining margins would be and how SPC's oil exploration business would be affected .... |
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nextdoor
Senior |
09-Jan-2007 22:23
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Hi singaporegal If you need extra protection to stop 'visitors' spyware, you can also install spyblaster (free) as it blocks the unwanted 'visitors' from coming in. :-)) |
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KiLrOy
Master |
09-Jan-2007 22:23
Yells: "I buy only what I can see." |
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Two days of 4.16 closed. I was hoping today close would form a morning doji star - indecisive & possible trend reversal. With this news, it MAY be unlikely to happen. |
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elfinchilde
Elite |
09-Jan-2007 22:23
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yep, noted. thanks singaporegal. :) |
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singaporegal
Supreme |
09-Jan-2007 22:18
Yells: "Female TA nut" |
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oic... thanks nextdoor.... I thought Ad-aware kills spyware! I guess I only killed Adware.... and not spyware... Looks like I gotta do it again! |
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singaporegal
Supreme |
09-Jan-2007 22:16
Yells: "Female TA nut" |
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Hi elf, From what I see in the charts, today's drop in A/D isn't as bad as yesterday's. Yesterday's fall was much worse. But these day to day comparisons of A/D and Chaikin are not very meaningful. Look at the trend and you'll now that its a clear TA downtrending sign. |
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elfinchilde
Elite |
09-Jan-2007 22:16
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eh giantlow, read properly man...i said drop in crude is bad for SPC. sigh. if you can't bear to cut, then your only option is to sit it out, isn't it? altho, i don't play warrants, so i'm not sure how they go. |
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nextdoor
Senior |
09-Jan-2007 22:16
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Hi ipunter & singaporegal, Ad-Aware SE is actually an ad-ware and not spyware remover. It's one of the best free ad-ware diagnostic kit available. But you need to run spyware programme to capture hidden spyware too...My recommendation is spybot search and destroy (free). If you need more sophisticated programme, try Advance WindowsCare...they are all free! :-)) |
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