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SPC
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AK_Francis
Supreme |
27-Aug-2008 12:47
Yells: "Happy go lucky, cheers." |
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what a kan chiong morning trading, esp this burger, making me sweat loh. used 5 cts lower Q and ref yesterday closing price to collect further at 5.30(lost >10cts) and 5.25(18 cts lower as compared to yesterday closing price). No more collecting, its final answer on this burger. BTW, another investment house stated in the press that STI now may try the bottom up line at 2680 and if that happened, it will rebound to 3160. Further confidently added that bottom line beyong of 2640 is not substantiated. Under what basis to say that ah. What AK perceives that if the players would want to make use of such naration to press down STI, I think they got ALL means to do so. Ie, making of the above, the can accumulate cheap stuff till predicted bottom up and when it rebound all the way, they will unload liao. ha ha, listen a bit fr Citi, AK unloaded half of my SIA holding, as it seems dropping of strength. needs to wait till next Mar for next round of Div loh. |
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idesa168
Elite |
27-Aug-2008 12:16
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dropped fast will also rebound fast if there is a rebound. I can't take the heat, I came out liao, lost kopi$$ for the week...sigh! Luckily got kopi$$ from COSCO to offset this burger, really no luck today! | ||||
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davekoh
Member |
27-Aug-2008 11:34
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Why SPC kana whacked? Lost too much on this counter@!!!
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idesa168
Elite |
27-Aug-2008 11:26
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Now I see value in SPC, 5.23...LOL!!!! | ||||
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pointer
Senior |
27-Aug-2008 10:13
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Personally I think Citi's analysis is one of the usually inaccurate. The more reliable, IMO, is from UOB Kayhian.
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idesa168
Elite |
27-Aug-2008 09:45
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aiya, bad timing...pui! | ||||
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pointer
Senior |
27-Aug-2008 09:44
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Ahhh...careful. The shorting might be back again. | ||||
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idesa168
Elite |
27-Aug-2008 09:23
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Yeah, I got my SPC @5.38, hoping for a rebound soon...cheers! | ||||
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AK_Francis
Supreme |
26-Aug-2008 23:48
Yells: "Happy go lucky, cheers." |
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good sign, DJ now in slight green of 37.04. Mon n Tue, China shown no post Olympics syndrome. CO down n DJ rebounds, STI 2morrow will rebound as well. ha ha, pse consult our Polar Bear, they hv ample good shorting counters ready for 2morrow, should DJ later chiong and recovering the lost grd on Mon. Do you own homework to work for the kopi $ liao, cheers. |
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stupidfool
Senior |
26-Aug-2008 20:41
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If war break out in Georgia betw US and Russia,CO will be up and SPC will be up too. | ||||
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idesa168
Elite |
26-Aug-2008 18:35
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The last hour buy up could be shorties covering...must see tomorrow's opening price since the CO has already dropped US$1.50 now. Yes, AK is smart, collecting slowly and not at one go in this kind of sentiment. I have yet take any position, probably tomorrow if it drops to 5.30 range, if that happens...Cheers! | ||||
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AK_Francis
Supreme |
26-Aug-2008 18:12
Yells: "Happy go lucky, cheers." |
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AK had unloaded all my SPC weeks ago. Now, is recollecting time, just a sell high buy lower process for short term. Hope Citi call for buy this burger half right also jadi. And Hurrican must reach Gulf of Maxico, joke only lah, cannot be so bad hearted one.. he he. Went in high at 5.52(Q last nite), 5.46(20 Aug price), 5.43 n last 5.41. Closed at 5.43. players came in quite late. they got a bit mercy. they blocked 5.40 with 249 lots on buy around 1658. Strange, this time round they didn't apply the 2 cts technique to up the price in preclose, though AK did test it but not my day. |
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pointer
Senior |
26-Aug-2008 18:02
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Today's drop is due to a stronger dollar & drop in crude oil prices. | ||||
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idesa168
Elite |
26-Aug-2008 17:17
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I think it's worth slowly collecting. It's in the oversold zone right now. But bear in bear oversold does not mean will rebound, it can stay oversold for a long time. AK, wanna take a bet @5.40+ for a rebound...hehehe!!! | ||||
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AK_Francis
Supreme |
22-Aug-2008 10:20
Yells: "Happy go lucky, cheers." |
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Brovo, give the man a tiger. Lai Jei Fang Jang loh. |
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idesa168
Elite |
22-Aug-2008 08:23
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Since CO was up by so much in the overnight trade, I think it's not wise and it's risky to short. However, the opening price will more or less factor in the CO jump. Risk taker can get in to short SPC if he is garang enuf! I have no guts lately...hehehe!!! May consider to SHORT China counters instead! | ||||
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AK_Francis
Supreme |
22-Aug-2008 02:18
Yells: "Happy go lucky, cheers." |
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I just open my mail and notised that at noon yesterday, there was mail sent by one of the local broking house calling for SPC buy/long CFD. And SIA sell/short CFD??? Too late liao, I could hv dump my remaining SIA and don't short SPC in the moring. Player may make use the CO price up to push SPC higher once market opens in am. Careful, if u want shorting. AK view only.
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pointer
Senior |
22-Aug-2008 00:52
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Actual fact is if CO price is up, the cost to refine will be higher as well. That will eat into its profit. However, the market perceive otherwise. When CO price is up, the share price automatically will be higher, vice versa. The main business, as mentioned by a forumer, is to refine CO then export to regional countries, like China, etc. Hopefully, we can see the export to China will rise after the Olympics Games. Exploration is a pinkie to its business. Whatever it is, just go with the flow of the market. |
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pointer
Senior |
22-Aug-2008 00:30
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Hmmm...hard to say. The uptrend today may already factor in the weak USD.
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Quek4T
Member |
21-Aug-2008 23:18
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Crude oil passes US$121. Can SPC price go up? | ||||
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