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shplayer Elite	10-Aug-2007 08:52        shplayer About Contact  Quote this Post!
x 0   x 0  Alert Admin	Depsite the 'bullishness' or 'bearishness' of the other factors, macro or micro, the single most important driving force in the near term for SPC pricing (and other counters) is MARKET SENTIMENT.
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idesa168 Elite	10-Aug-2007 08:29        idesa168 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Don't be surprise that we see green on SPC. Mkt is full of surprises. They also have to give face to Mr Lee's report that Singpoare economy is robust. Anyway, let nature takes it course. To be honest I am a little shaken now by the jittery US prime mortage woes. Hope the does settle soon. However, some doom sayer seeing this as a tip of the ice berge. Guys, I might alight this bus soon, sorry!
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onefour02 Senior	10-Aug-2007 08:06        onefour02 About Contact  Quote this Post!
x 0   x 1  Alert Admin	wonderful Dow goes south, lets see if we can get SPC to head south for accumulation!! DOWN! DOWN! DOWN!
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jkbk007 Senior	10-Aug-2007 07:35        jkbk007 About Contact  Quote this Post!
x 0   x 0  Alert Admin	CKS, The data is not that important at this stage. Margin has improved a bit but is still weak. The more important thing is to think about the credit problem and its impact in the short term. I think I am becoming a nag and it seems to me only shplayer is taking a serious view of my pessimistic outlook. Just ignore Kilroy if you do not agree with him. He is a TA while we works on fundamental. Fundamentals dictates the trend for SPC in most cases.   Finally I will be away for a week or 2 and would not be posting here.
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shplayer Elite	10-Aug-2007 01:52        shplayer About Contact  Quote this Post!
x 0   x 0  Alert Admin	CKS, Of course, other issues need to be factored in.  Brought up issue of crude prices cos it has slid from about USD78 to USD72 in 1 week.....which is reminiscent of Sep 06.
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chinkiasu Master	10-Aug-2007 01:30        chinkiasu About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hi Shplayer, agree with your caution about sudden crude price drop, although we should factor what NewGuy has also pointed out.. and jkbk007, do you have data (particularly cracks) from the Dubai or Asian/Singapore/Australia as this would have a more direct bearing on SPC margins and we can have a more accurate picture..  .
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idesa168 Elite	09-Aug-2007 22:49        idesa168 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Pls move foward...thanks
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KiLrOy Master	09-Aug-2007 22:27        KiLrOy About Contact  Quote this Post!   Yells: "I buy only what I can see."
x 0   x 0  Alert Admin	Within myself, I do wish for the stock price be to lowered to my buy price. This is similiar to the previous high in MAY 2006 when SPC went up to 6SGD and thereafter came to a low of slightly above 4SGD in early 2007. Boy was I happy knowing I had a chance to buy this stock. I did and profit from it as well. There and then I was a quiet forumer in SJ then. These day I am more vocal with my expression.  Is that wrong with that? If people can 'shout' for the price to go up why not down? This is a zero sum game. a dog eat dog game.  Do I care if you lose or win? NO. I have my own financial reasons to be in the stock market but to say that I am trying to frighten people, thats ridiculous.  Better be frighten of the big boys ! None the less, you play yours I play I mine. No need to bounce any more quote or reply.  I have nothing to do with you initially and let it remain this way.  I am not going to be distracted by you so jus move forward~
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idesa168 Elite	09-Aug-2007 21:59        idesa168 About Contact  Quote this Post!
x 0   x 0  Alert Admin	WE SHOULD SEE RED TOMORROW! What a way to celebrate National Day. I might consider pulling out my funds from SPC if this nasty woes in US continues! I am trying not to fall in love with SPC, but to see the bigger picture. Let's see how tomorrow! Wednesday SPC surge without VOLUME, which is not a real good sign. Finger crossed ok, guys let's pray!
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shplayer Elite	09-Aug-2007 17:58        shplayer About Contact  Quote this Post!
x 0   x 0  Alert Admin	Just want to remind forumers to keep an eye on crude prices. Sudden and sizeable drops can be detrimental to SPC's performance. Recall Sep 06 when crude prices fell from a peak of about USD 78 to about USD 50+ per bbl in a short space of time. When SPC reported its 3Q06 results, they had to make provision of about $71 mil  for diminution of inventory. Not bein a doomsayer......but just a word of caution that there may be some downside surprises if crude prices drops too drastically.
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NewGuy Member	09-Aug-2007 08:23        NewGuy About Contact  Quote this Post!
x 0   x 0  Alert Admin	I agree with CKS, I judge according to the earning per share for SPC ..The earning now for the 1H of 2007 had already surpass that of whole of 2006 .. Even with lower RM or same as last year for 3Q and 4Q, the profit of 2007 had already exceed my expectation  . With the current new exploring in China and investment in Austrailia ..  This baby still have plently of room to head north . But I dun wish the oil price to rise too high either , bcos oil rise ,other counter will suffer ...Already cash lock at other counter during the selldown ...
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jkbk007 Senior	09-Aug-2007 06:59        jkbk007 About Contact  Quote this Post!
x 0   x 0  Alert Admin	CKS, After seeing the lastest oil report, I could not tell clearly on how prices would trend around its current price. Hurricane season has so far been way below average for the Atlantic and US domestic demand for gasoline is going down and is below last year average. However refinery utlilisation are down. Thus I am not expecting significant changes to RM for the next few days and therefore I change my statement to neutral. Another good news is that the US credit concern has eased somewhat so this may help SPC to trend upward. However I like to stress that I hold pessimistic view on the US credit problem. Among all the fundamental factor (oil inventoy, RM,...) it is actually one of the most important aspect that everyone should think about. In my opinion it has tremendous and immediate impact to SPC.  Unless I see SPC taking big moves, I do not expect SPC to trace back to $7 from now till October.
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rogue_trader Master	09-Aug-2007 01:49        rogue_trader About Contact  Quote this Post!
x 0   x 0  Alert Admin	in my own opinions, both chinkiasu n kilroy are masters in their own ways. btw, i am not vested in spc bt if spc goes up or down, both of you guys can be quite happy in your own context la.. if px goes down, chinkiasu and kilroy can buy/short/do nothing if you guys want to.. if px goes up, chinkiasu or kilroy can again buy/short/do nothing if you guys want to too.. so win-win situation la.. cheers.   early morning birds oreadi in their slumberland, bt cannot leave out 1 big birdie rogue here, lol...
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chinkiasu Master	09-Aug-2007 01:15        chinkiasu About Contact  Quote this Post!
x 0   x 0  Alert Admin	hi elf...thanks for your kind intentions but it is not a quarrel....... but let me quote in case you missed this post:    and I rest my case... KiLrOy Veteran Posted: 07-Aug-2007 17:09 x 0 x 0 * Alert Admin *wink*  Another long bearish candle.  Here's the interim test of 5.50SGD coming up but the real test @ 5.25SGD. chanting .. 4.80, 4.80, 4.80, 4,80 .. chanting. Rate This Post:   Good Post   Bad Post   KiLrOy Veteran Posted: 07-Aug-2007 16:57 x 0 x 0 * Alert Admin come to papa...
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elfinchilde Elite	08-Aug-2007 22:53        elfinchilde About Contact  Quote this Post!
x 0   x 0  Alert Admin	gah! the trouble with boys....leave them alone, and they end up squabbling! bad boys! haha. :P cks, relax....i don't believe kilroy's 'shouting for it to go down'. he's just saying what the charts say. which honestly, does indicate downtrend. the one green candlestick today shdn't be taken prematurely as a reversal, as that'd be overstepping one's techs. but may i note here that due to the general MACRO TREND, everything is exhibiting the same pattern lah. red, red, red, one solo green. any indicator you look at. almost all the same. from pennies, to blues. so perhaps now of all times is the time to return to fundamentals: what a fund mgmr friend (whom i've been learning FA from) taught me: what do you think the company is worth, based on facts? ie, look at its NAV, look at its dividends, cash flow, PE ratio, profitability, forward ROE, net gearing. If all these figures tell you it's going well, then, that's your answer. meanwhile, gotta ignore all the short term noise in the market.  the FA strategy is to buy on dip. so the rest of it, really, is just white noise. in any case, major forces at work now. Your support for SPC is the May and March 07 prices. so even factoring the dividend, that's 4.9 fair value. quite a steep fall. so please do be careful. peace, all. ...if you continue arguing, elfie gonna smack you! :P
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ChinChye Member	08-Aug-2007 22:42        ChinChye About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	Ya ya... Correct.. cool down cool down... relax... market already very hot.. haha.. pls refrain from bringing the heat to SJ.. Haha... relax guys.. Cheers, Anything.
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idesa168 Elite	08-Aug-2007 22:30        idesa168 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Cool down! Voices are good exchanges from different camps. The differences will put in place checks and will bring us back to reality when sometimes we are too overwhelm by the gains and losses. I am open to both camps, as far as I have a right frame of mind for what I believe in...SPC will gain back the losses in no time. It takes a while though. I do believe that both camps will not defy each other that SPC could reach $7.00 by next year, or 2009. PATIENCE is the game. Hope both camps can still continue to pour in your worth, which are invaluable, to me at least. Cheers to all my good friends here! We need to share INFORMATION!
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KiLrOy Master	08-Aug-2007 21:27        KiLrOy About Contact  Quote this Post!   Yells: "I buy only what I can see."
x 0   x 0  Alert Admin	I am not trying to frighten anyone. Probably wont have the ability to. Anyone with eyes can tell its bearish. If it reverse, good for you, else good for me <fullstop>.
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singaporegal Supreme	08-Aug-2007 21:21        singaporegal About Contact  Quote this Post! Style: Technical   Mood: Yells: "Female TA nut"
x 0   x 0  Alert Admin	Price trend may not have changed yet... caution on this one.
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lookcc Master	08-Aug-2007 17:18        lookcc About Contact  Quote this Post!
x 0   x 0  Alert Admin	"i think i hv hit.....kilroy", well said chinkaisu,  hit the nail on the head??
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