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SPC
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idesa168
Elite |
25-May-2007 11:16
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Did anyone of you heard of oil sand? In order to get crude oil, the normal way is to drill a hole into the earth surface to reach oil well underneath. Oil sand do not need drilling. Just digging from the ground and send them to process. The result is better and premium crude. I have read somewhere that there is an "oil sand well" in Canada which is 10 times bigger than Saudi and the rest of the oil nation combined. With that, the company is able to supply oil for the next century. Isn't this will reduce the demand for oil in the future? Will this affect the outlook for SPC? Anyone care to look into this? Thanks. |
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jackjames
Elite |
25-May-2007 09:07
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isn't that we are all looking for ???? I need one more big correction like in March, , and we can all do a cash in , |
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onefour02
Senior |
25-May-2007 09:04
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brave girl rachel, look at kepcorp today, no worries, almost everything is down. |
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onefour02
Senior |
24-May-2007 14:21
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rachel rachel, kepcorp kanna whack today, u shld have chased rogue trader's hot tip on semb and make money. hope ur kepcorp improve tmrw. |
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onefour02
Senior |
24-May-2007 12:18
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wah no stopping sembcorp, the next kepcorp. |
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jkbk007
Senior |
24-May-2007 09:49
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Hiap Seng Engineering Ltd (HSE) is a major engineering services provider covering engineering, procurement & construction (EPC) projects & plant maintenance services for oil & gas, petrochemical, oil terminals, chemical, pharmaceutical, power plants & infrastructure industry in Singapore & the region. Prospect should remain good in the long run. Thinking of buying 10 lots. |
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onefour02
Senior |
24-May-2007 09:45
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after xd, price will fall, unless there's something good about the co. intro leh |
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jkbk007
Senior |
24-May-2007 09:42
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There is another good share Hiap Seng. Only that it seems very expensive now. Dividend is 15 cents. Share price 0.855 |
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onefour02
Senior |
24-May-2007 09:37
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serious, as in generally for this week. i didnt mean it as a suan. now only sembcorp remain green on my watchlist. |
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rogue_trader
Master |
24-May-2007 09:20
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wow piang, 1402, dun suan me la... where got climb?? profit taking most likely leh.. |
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onefour02
Senior |
24-May-2007 09:18
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rogue's sembcorp and sembmar keep climbing! |
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onefour02
Senior |
23-May-2007 18:12
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jackjames really back with us already? |
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geojam
Member |
23-May-2007 17:54
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welcome back to SPC jack james----u must give us some joining fees for SPC club leh. |
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chinkiasu
Master |
23-May-2007 17:36
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so you are now vested, jackjames!!! good for you... so when the stock hit 6.00 your turn to buy us jackdaniels...? |
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jackjames
Elite |
23-May-2007 17:28
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i am not argue la.. sorry jkbk007~ how do u know i didn't vested in today? heee.. |
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idesa168
Elite |
23-May-2007 17:13
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007, $8.00 is my price target. But I am not expecting it to come true this year. In order to get that price, earning has to be at least 90¢. We have 21¢ last quarter, we have another 69¢ for the next 3 quarters. I think your projection is too aggressive liao! Please revise down! |
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jkbk007
Senior |
23-May-2007 17:11
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Yes $8 is probably very optimistic. That why I say mention about hurrican. A repeat of hurrican Katrina is not entirely impossible. If this does occur again, the damage to refinery can be more than before. End result is likely to be prolonged high refinery margin for another year. |
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onefour02
Senior |
23-May-2007 17:10
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wednesday close 5.30 |
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onefour02
Senior |
23-May-2007 17:02
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jackson007, the last time we saw SPC at $6, oil was below $80. i have no idea how high oil will go this year, but $8 seems over optimistic, we probably need refinery margins to triple, strike oil at E&P, and record high oil prices, and special dividends. |
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onefour02
Senior |
23-May-2007 16:59
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many ppl might choose not to invest in SPC as it depends too strongly on refinery margins. remember FY06 2H? |
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