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CHEMOIL
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jackjames
Elite |
08-Jan-2008 08:56
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seriously this is no jokes man.. this is really a sad news..sometimes, life is short.. Really sad.... top earning people with early age just pass away in an accident.. sometimes, we really need good health and God's protection.. haih.. a bit sad because of this incident.. oh well, life goes on... and now, I am curious how's his 50% holding of chemoil stocks go to... his family? sad sad sad... With great sadness, the Board of Directors of Chemoil Energy Limited announces that the company?s CEO and Executive Chairman Mr Robert V Chandran passed away January 7, 2008 from injuries sustained when a helicopter he was traveling in crashed in the Riau Province of Indonesia. The accident occurred yesterday afternoon. In the aircraft with Mr Chandran was Mr Terence Gidlow, Chemoil?s Vice President of Business Development. Mr Gidlow was injured but is in stable condition at this time. The Board of Directors are in discussion on succession issues to ensure business continuity. Mr Chandran was a brilliant entrepreneur who led with vision and dynamism, building Chemoil Energy into one of the world?s leading independent suppliers of marine fuels since he founded the company in 1981. This was embodied when he lead the Chemoil Energy Limited?s successful listing at the Singapore Exchange (SGX) main board in December 2006. The Directors of Chemoil wish to extend their heartfelt condolences to the Chandran family. By Order of the Board Clyde Michael Bandy Lead Independent Director 8 January 2008 |
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ygc91285
Member |
08-Jan-2008 08:46
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It mat affect the stock price in a negative manner....for short term. |
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novena_33
Veteran |
08-Jan-2008 08:45
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Jackjames.... Executive Chairman & CEO Robert V Chandran dies in Indonesian helicopter crash ytd.
sad news.....
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Henry$$$
Senior |
07-Jan-2008 14:49
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Load. http://www.freewebs.com/henryhts |
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timewatch
Senior |
03-Jan-2008 16:39
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if oil is up --why is chemoil not going high?????????? |
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timewatch
Senior |
26-Dec-2007 09:28
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Any chances of chemoil giving us some Christmas news. |
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Henry$$$
Senior |
11-Dec-2007 20:55
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JAMING, I agree with you. But if its trade in Sing dollar then I will buy. Those like to exposed to US dollar wekane risk, better invest in US bank for long term investment. GIC also invest ma...haaha I have some comments on Chemoil in my blog at http://www.freewebs.com/henryhts. Thanks! |
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JAMING
Member |
11-Dec-2007 20:50
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US dollars is weak, oil prices is rising. Chemoil is very dependent on these 2 factors. one thing to take note is that chemoil profit margin is very low, not like oil producers. any fluctuations in oil price will be disastrous. although they try to curb this by hedging oil derivatives, its like a gambling game where only GOD or LUCKY wins. Notwithsatnding, this is a great company, with its Chairman strongly supporting its share price..long term good buy! |
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timewatch
Senior |
11-Dec-2007 11:35
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its been almost 20days+ since chemoil is playing between 0.455-0.475cents. hope to see it climb up soon. |
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888max
Senior |
08-Dec-2007 13:25
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0.45 cts still not cheap enough. With 3 quarters earnings down, volatile of oil price, dropping US dollars, you still think the last 4th quarter can do miracle ??? It is confirm this whole year 2007 will be worst off when compare to last whole year 2006. The whole year 2007 profits will be dropped xx% than last year 2006. Chemoil is a good company but you must wait till the worst time to buy. When they announce their poor 4th quarter earnings, that will be the best time to enter. You may even get US$0.40cts if you're paitence enough. |
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TChiew
Member |
08-Dec-2007 10:12
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0.45 - 0.47 may be damn good price provided next qtr result is good. Or else, you may see one more tumbling in price. |
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jackjames
Elite |
07-Dec-2007 13:29
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if you vested at 0.45-0.47.. that's damn good price, just take the queue number and wait for your turn la.. no worries... vested. |
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Henry$$$
Senior |
07-Dec-2007 11:15
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Yeah, you don't have foreign currecy account. But this counter trade in US dollar so you are exposed to US dollar weaken risk. |
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jackjames
Elite |
07-Dec-2007 08:43
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no, normal account is good enough, you do not need foreign currency account. shhh... don't make the noise so loud, we ourselves collect it silently, heee.. |
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timewatch
Senior |
07-Dec-2007 08:03
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To buy Chemoil do i have to have a forign currency account? |
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Henry$$$
Senior |
05-Dec-2007 13:38
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Chem Oil is good counters. But you are exposed to depreciation of US dollar unless you decided to keep for long term and you also have foreign currecy account. I strongly believe it is good. If it follow us, then it is simple ? Everybody strike lo....hahhaa... I have some comments in thsi counters, you may like to browse my blog at http://www.henryhts.multiply.com. Thanks! |
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timewatch
Senior |
05-Dec-2007 11:33
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am i right if US market is high chemoil is high, and if Us market is low chemoil is low. |
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oldtimer
Member |
20-Nov-2007 15:51
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jUST BUY SOME AND KEEP FOR 2 YEARS.... |
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Forglory
Member |
20-Nov-2007 09:16
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This guy is amazing, he goes IPO and then not too long later starts buying spree... what's on his mind man? |
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178investors
Veteran |
19-Nov-2007 23:22
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Robert being the largest shareholder has to protect his wealth mah! Robert, well done! keep on buying until liquidity dries up! 
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