Latest Forum Topics / SPC | Post Reply |
SPC
|
|||||
KiLrOy
Master |
06-Aug-2007 11:33
Yells: "I buy only what I can see." |
||||
x 0
x 0 Alert Admin |
nickyng, probability is on our side. You and I can predict a lower price and its high chance we will score because its a downtrend. So there is really nothing to boast about. As long as you make money, that's the utmost importance. idesa168 - DONT SIFU ME. Thank yourself for not clicking the BUY button. |
||||
Useful To Me Not Useful To Me | |||||
idesa168
Elite |
06-Aug-2007 11:10
|
||||
x 0
x 0 Alert Admin |
Thank you Kilroy sifu, without your advice, I would had taken position @$6.10 hoping for some kopi $$. At today's price, I have to buy kpoi for my broker...hahaha! I am ready for collection after the divvy which is tomorrow, right! | ||||
Useful To Me Not Useful To Me | |||||
|
|||||
nickyng
Supreme |
06-Aug-2007 11:08
|
||||
x 0
x 0 Alert Admin |
hee...how come my prediction for SPC so chun wan har?? <$6 last wk i said rite?? got any SHORTed? ? hee.... cheers !! | ||||
Useful To Me Not Useful To Me | |||||
KiLrOy
Master |
06-Aug-2007 10:46
Yells: "I buy only what I can see." |
||||
x 0
x 0 Alert Admin |
My friend came over this morning and gave me another magnet. He said he got it at a discount of 4.80SGD. :) Wow~ |
||||
Useful To Me Not Useful To Me | |||||
Pinnacle
Master |
06-Aug-2007 08:56
|
||||
x 0
x 0 Alert Admin |
Australian oil and gas company Cue Energy Resources The Australian firm said it was not aware of SPC's specific intentions, but said SPC disclosed a 6.75 percent shareholding in Cue on August 3. |
||||
Useful To Me Not Useful To Me | |||||
|
|||||
Pinnacle
Master |
06-Aug-2007 08:54
|
||||
x 0
x 0 Alert Admin |
CNOOC Ltd The block covers an area of 4,961 square kilometers, with water depth of 85 to 200 meters. |
||||
Useful To Me Not Useful To Me | |||||
jkbk007
Senior |
04-Aug-2007 23:08
|
||||
x 0
x 0 Alert Admin |
1402, I will be blunt here. I think you will be a donkey by going back to the market without understanding the risk of the current environment. You are not a trader so why don't you try changing your approach to investment. For long term investment, you do not need to follow the market intensively like every minute. By doing this you will be able to better focus on your studies and still get the thrill from the market. |
||||
Useful To Me Not Useful To Me | |||||
onefour02
Senior |
04-Aug-2007 19:56
|
||||
x 0
x 0 Alert Admin |
hi jkbk, i'm such a donkey to leave to market to concentrate on studies, i have never been able to stop monitoring, especially when SPC charged towards $7, i'm so glad it has calmed down alot, i hope the markets would go into panic in the next few weeks and would love to become a SPC shareholder once again. regards, the donkey who left SPC at 5.80 (to study, bleah) |
||||
Useful To Me Not Useful To Me | |||||
|
|||||
teeth53
Supreme |
04-Aug-2007 14:04
Yells: "don't learn through life, learn to grow with life " |
||||
x 0
x 0 Alert Admin |
Coming Monday is red....Till act upon, then will know who will be d winners. Best is to watch.
|
||||
Useful To Me Not Useful To Me | |||||
jkbk007
Senior |
04-Aug-2007 13:24
|
||||
x 0
x 0 Alert Admin |
1402, Nice to hear from you though I see that you have broken your resolution. My advise is trade with caution. Many have already lost a significant portion of their earnings. CKS, We are going through a storm. What is behind the storm is still not known. I too hope that the storm will past quickly. For now fear rule the market and clouds the mind of the majority. |
||||
Useful To Me Not Useful To Me | |||||
chinkiasu
Master |
04-Aug-2007 11:05
|
||||
x 0
x 0 Alert Admin |
dear 007... I think we should do some calculations before we get too carried away by the pessimism.... assuming your RM for 3Q07 & 4Q07 is conservative $4... this works out to be profit of 4 x 1.51 x 140000 x 180 / 515.582 million which is equal to 29.5cts. We gave earlier estimated Ouyong upstream contribution at 9.8cts (6,000 bpd x 70 (assume crude price $70 net extraction cost $20 x1.51 exchange rate to S$) x120 / 515,582). Together with the already in the bag eps of 56cts for 1H07, the most conservative yr07 eps will be 56+29.5+9.8 we have a eps of 95.3cts which at 8x PE will be $7.62... here I have not set aside admin costs but I also did not factor trading profits and the current upstreams etc.. |
||||
Useful To Me Not Useful To Me | |||||
onefour02
Senior |
04-Aug-2007 11:01
|
||||
x 0
x 0 Alert Admin |
teeth53, never see you b4. | ||||
Useful To Me Not Useful To Me | |||||
|
|||||
teeth53
Supreme |
04-Aug-2007 09:51
Yells: "don't learn through life, learn to grow with life " |
||||
x 0
x 0 Alert Admin |
Oil price increasing......SPC price increasing.... | ||||
Useful To Me Not Useful To Me | |||||
onefour02
Senior |
04-Aug-2007 08:52
|
||||
x 0
x 0 Alert Admin |
love to hear that jkbk. may the fall begin, an avenue for SPC shareholders to reinvest their dividends. |
||||
Useful To Me Not Useful To Me | |||||
jkbk007
Senior |
04-Aug-2007 08:16
|
||||
x 0
x 0 Alert Admin |
Gonna to be double whammy impact on Monday. |
||||
Useful To Me Not Useful To Me | |||||
jkbk007
Senior |
03-Aug-2007 18:43
|
||||
x 0
x 0 Alert Admin |
As of Aug01, Dubai is 70.96. WTI 76.40. While Naptha (FOB Singapore) is 72.65. In 2Q the difference was as high as $10. I am probably correct to say that RM for Singapore has came down significantly. My guess for the average July RM is $4. I usually get confirmation from a summary update in middle of each month. If we have a repeat of earnings similar to 2H2006, then I think there will be weakness in SPC price till next year. Chances of this happening is still very small. I do not see 7 in the short term but in the long term (till next year Feb) chances are still very good. I just saw the news that the activities in the Atlantic are picking up and there may be news of storms and hurricane appearing next week. |
||||
Useful To Me Not Useful To Me | |||||
chinkiasu
Master |
03-Aug-2007 17:45
|
||||
x 0
x 0 Alert Admin |
ok jkbk007, point taken.... except we should note that Singapore RM does not necessarily follow US RM. In fact when USRM was $15 last year Singapore RM was only about $2 even negative... this around we can see a different situation ... pls check... but whatever it is, we are in agreement that one month down the line SPC price will certainly be above 7? |
||||
Useful To Me Not Useful To Me | |||||
jkbk007
Senior |
03-Aug-2007 17:30
|
||||
x 0
x 0 Alert Admin |
CKS, Yes my view is veered towards the extreme (just applying your logo of kuasu and kuasi) but in the short term (1-2 weeks) I expect SPC to trend downward primarily due to continue downward trend of RM from significant improved refinery runs in US and also continued concern from subprime. Thereafter it may present me opportunity to buy SPC shares. |
||||
Useful To Me Not Useful To Me | |||||
idesa168
Elite |
03-Aug-2007 15:52
|
||||
x 0
x 0 Alert Admin |
Oh yah, I forget. If XD, the price drop, the kopi $$ will be forfeited by $0.20. We will only get back some days back. Silly me huh! | ||||
Useful To Me Not Useful To Me | |||||
idesa168
Elite |
03-Aug-2007 15:44
|
||||
x 0
x 0 Alert Admin |
OK sir sifu! Anyway, I dun have good feeling today for kopi $$. Just have feeling that the BB is ready to throw big one soon. Those who enters at $6.15 might be trapped. I will stay out for the time being. Had made a few rounds liao, not always so lucky lah! OK I quit now and prepare for NATIOANL DAY! hehehe...! | ||||
Useful To Me Not Useful To Me |