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SPC
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AK_Francis
Supreme |
25-May-2009 12:00
Yells: "Happy go lucky, cheers." |
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Jangan tension, its only 45.51% stake, no speaking right one. Moreover, Spore gov will not allow such harmful thing happen to d people here. Hence, if confident, keep d stock, if not walk to d bank as alternative liao. Cheers. | ||
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aircraft
Veteran |
25-May-2009 11:48
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At the moment, is there any news of SPC going to be delisted ? I can't seem to find any info on it, though someone told me he saw in the morning mandarin News. So if it's delisted, does Petrol China have any legal obligation to buy back retail investors' shares at $6.25 ? Thanks |
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nickyng
Supreme |
25-May-2009 11:45
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haha...lucky burger !! :D wat a wind fall :D | ||
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jeremyow
Senior |
25-May-2009 11:41
Yells: "Passionate business investor" |
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When SPC becomes delisted, it is not a public listed company anymore. This means it will no longer be traded anymore in SGX. Investors who have SPC shares cannot trade them on the SGX anymore. Petrol China may make a mandatory general offer to buy the remaining shares from retail investors at the price of $6.25 per share.
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jeremyow
Senior |
25-May-2009 11:35
Yells: "Passionate business investor" |
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Petrol China agreed to buy SPC shares from Keppel Corp. at $6.25/ share. This could be due to Petrol China being bullish on the future prospects of higher oil refining margins since SPC owns 50% stake in Singapore Refining Company. It is still the investor's call whether he agrees with Petrol China on paying such high premium ($6.25/ share) for the long term earnings from SPC's oil refining and distribution business. But for all investors, this news definitely provides a boost to it's share price. | ||
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Kassanne
Member |
25-May-2009 11:29
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What will happen to individuals who have SPC shares if and when SPC becomes delisted from SGX? |
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Blastoff
Elite |
25-May-2009 11:09
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Those who bought last Friday must a happy man now..... | ||
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temp123
Senior |
25-May-2009 10:09
Yells: "." |
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Slight change on the ticker- from SPC to PCS (Petrol China Singapore). | ||
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aircraft
Veteran |
25-May-2009 08:50
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They are buying all the shares from Keppel Oil and Gas Services Pte Ltd - 234,522,797, 45.51%. How will it affect the overall share price ? I think it will push price up ? But till what price? | ||
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Blastoff
Elite |
25-May-2009 07:13
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Will the price goes up or down after this news? Any comments/views? | ||
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louis_leecs
Elite |
25-May-2009 07:08
Yells: "half cash" |
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alot shortist kena burn like charcoal,,,,,,,,,,,,,,,,all of them was shortist master,,,,,,,,,,,,heavy burn,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,a non sleep sunday,,,,,,,,,,,,,,for them is a nightmate,,,,,,,,,,,,,,,,,,, | ||
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tirami
Member |
25-May-2009 02:17
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OMG! huat ah! |
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lucky888
Member |
24-May-2009 23:41
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http://www.hkexnews.hk/listedco/listconews/sehk/20090524/LTN20090524030.pdf SPC sold to PetroChina by Keppel Corp.. |
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senecus
Veteran |
21-May-2009 15:14
Yells: "Market Fortune Telling - Senior MFT" |
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Good Dividend.... | ||
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Blastoff
Elite |
21-May-2009 12:33
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SINGAPORE Petroleum Co has joined the rest of the oil companies in raising pump prices. SPC on Thursday upped its 92-octane petrol by four cents a litre at 10.30am this morning. Its 95 and 98 grade petrols as well as diesel went up by five cents a litre, a day after Shell, ExxonMobil and Caltex moved their rates. With the change, a litre of 92, 95 and 98-octane fuel costs $1.637, $1.677 and $1.78 before discount. The exception is Shell's 92-octane, which is costlier at $1.647 a litre before discount. Shell will be exiting the 92-octane market by end-June, despite protests from the Consumers Association of Singapore. The Anglo-Dutch group, which has the largest network of refuelling stations here after ExxonMobil, is also the only one retailing the most expensive automotive fuel here. Shell's V-Power is now priced at $1.959 a litre before discount - 20 per cent more than the cheapest petrols here. Shell said it is the least saleable fuel after its 92-octane. |
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aircraft
Veteran |
21-May-2009 09:16
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But previously SPC price doesn't telly with Oil price movement, sometimes it's even opposite of oil price. Now suddenly shoot up, I'm confused whether I shld buy to average down or sell all. |
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freeme
Elite |
20-May-2009 20:52
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can keep until oil hit 80bucks
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alexmay
Veteran |
20-May-2009 20:10
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There was a technical call for this share, mino resistance at $4.78, clearing it can go up to $5.8? This was from Phillip securities. Still vested | ||
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freeme
Elite |
20-May-2009 17:36
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impressed.. months ago still got some joker say this counter lousy n waiting entry at $1.. lol wait long also dun have chance liao |
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AK_Francis
Supreme |
20-May-2009 16:47
Yells: "Happy go lucky, cheers." |
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High vol, but px quite abnormal, as Asia CO future up not that distinct leh. Nigiria so far ok. Players ard, as in 97, it was pushed up $2 over when reached Oct within a mth. AK didn't wait it hit $9. but dump all ard 8.86 while still in kampong, Msia. Now, dun hold any, but may peow d burger for a while, as too drastic move liao. May apply Commando style if need be. Cheers for all d vested buddies. No calling. |
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