SPC   

SPC

dj wud not get whacked 2night n if consumer confidence abv 57 (out at 10 a.m.ET) it wud close positv...an opinion...BUT if consumer confidence is [say 55 n below] then dj wud get whacked 2nite.

 

close one eye to watch how DJ kena wack again tonite. EU now in maloon.

 

CO near 142 in Asian trades.

 

SPC opening price down $.09 today.  (Today's mkt, not surprising).  But in the late afternoon, up $.09. 
Seems like it is doing well....Anybody still waiting for the durian to fall?
I was sort of waiting for $6 & below; but think no longer.... 

 

the Chinese shares echoed to this n plunged 6.5%, just like Msia, a phenomena of fuel price increases. if all countries withdraw their country's fuel subsidy, CO will definitely decline, as experts claimed earlier.

 

6.5!...but price of CRUDE oil dip significantly last nite cos of China raising the oil prices..

 

agreed, the pricing is main factor as well, if u hold for a yr for this stock. but now the catch is Aug, one giving 80cts and the  other, less than 30 cts. under such a volatile market, my view is hit and run is a much viable method leow loh.

 

Hi shplayer, you are absolutely right that SPC yields better than SIA. SPC's share price is about half of SIA. If buying 2 SPC is equivalent to 1 SIA, then SPC will give divvy of $1,200 as compared to SIA's $1,000 for the same amount on investment.

shplayer      ( Date: 18-Jun-2008 17:55) Posted: idesa168, My earlier post was strictly to address divvy yield issue as AK mentioned that SIA div is better than SPC. In absolute div payout terms, of course SIA ($1.00 div) is better than SPC (60c). But for div play, a more equitable way to look at it is the yield......rather than absolute div. Of course, there are other factors, besides yield, to take into consideration when making investment decisions. idesa168      ( Date: 18-Jun-2008 15:51) Posted: mmm...both are good counters, both do bear good yields, but both are of different ball game. One in commodities while the other in transportation. Although both are closely related to CO. To be very sure, bet on both counters...win-win...hehehe!!! If inflation shows its ugly side, both will go down together. Want to be double sure, bet on GOLD as well...

 

spc better divy % than sia but both suit u 4 divy counters.........c/o px shud stabilise in near future (only opinion) with saudi arabia, kuwait  n  SUDAN mtg tis sunday 2 increase output.

 

sorry, got half day off owing to had decided no deal today. AK view was based on anticipation on CO will dip gradually after King Saudi posted increasing CO output. If thats come into reality, SIA will be benefited over above of the guarantee 80 div X on 31 Jul. Whereas for SPC its interim div to be announced in Jun/Jul likely would be not more than 30cts(last same period was 20 cts, pd on 22 Aug 07)

Henceforth, couple with SIA performance is bright, as analysts given lately, AK perceives that taking SIA is much better option. a wise saying, the longer the night the more dreams you hv. simply div comes earlier is better than those comes late,  as there are so many uncertainties nowadays, both security and economy.

Ayah AK view only lah.

 

idesa168,

My earlier post was strictly to address divvy yield issue as AK mentioned that SIA div is better than SPC. In absolute div payout terms, of course SIA ($1.00 div) is better than SPC (60c). But for div play, a more equitable way to look at it is the yield......rather than absolute div.

Of course, there are other factors, besides yield, to take into consideration when making investment decisions.

idesa168      ( Date: 18-Jun-2008 15:51) Posted: mmm...both are good counters, both do bear good yields, but both are of different ball game. One in commodities while the other in transportation. Although both are closely related to CO. To be very sure, bet on both counters...win-win...hehehe!!! If inflation shows its ugly side, both will go down together. Want to be double sure, bet on GOLD as well...

 

mmm...both are good counters, both do bear good yields, but both are of different ball game. One in commodities while the other in transportation. Although both are closely related to CO. To be very sure, bet on both counters...win-win...hehehe!!! If inflation shows its ugly side, both will go down together. Want to be double sure, bet on GOLD as well...

 

I beg to differ with your statement on div.

For SIA FY08 (most recent finacial year), div is $1.00....based on current price of $15.28, yield is 6.5%

For SPC FY07, div was 60c.....based on current price of $6.50, yield is 9.2%.

SPC's historical yield (compared to current price) is about 41% better than that of SIA.

Furthermore, considering industry outlook, I think SPC (O&G) is more bullish than SIA (Airline) which is being weighed down by fuel prices.

 

AK_Francis      ( Date: 18-Jun-2008 12:22) Posted: last few days, DJ up, it up, DJ down it down, strange leh. it seems immune to CO price. talking about div, buying SIA is much better option as it had gone down below 16 quite a while leow. Saudi posted increase of CO output may give it a little boost, hope so loh. invested but waiting to buy in for avg. tomorrow may be a  good day, just see how.

 

not like temasek style lei.. why bought at such a high price??? kena bitten at ML shares still didnt learn from that... haiih..

 

last few days, DJ up, it up, DJ down it down, strange leh. it seems immune to CO price.

talking about div, buying SIA is much better option as it had gone down below 16 quite a while leow. Saudi posted increase of CO output may give it a little boost, hope so loh. invested but waiting to buy in for avg. tomorrow may be a  good day, just see how.

 

SWF building up more arsenal via SPC..yeah help push up the share price..

 

Name of Announcer *	SINGAPORE PETROLEUM CO LTD
Company Registration No.	196900291N
Announcement submitted on behalf of	SINGAPORE PETROLEUM CO LTD
Announcement is submitted with respect to *	SINGAPORE PETROLEUM CO LTD
Announcement is submitted by *	Helen Chong (Mrs)
Designation *	Company Secretary
Date & Time of Broadcast	17-Jun-2008 14:36:22
Announcement No.	00029

>> Announcement Details

The details of the announcement start here ...

 

>> PART I

 

1.

Date of notice to issuer *

16-06-2008

 

2.

Name of Substantial Shareholder *

Temasek Holdings (Private) Limited ("Temasek")

 

3.	Please tick one or more appropriate box(es): *
	Notice of a Change in the Percentage Level of a Substantial Shareholder's Interest or Cessation of Interest. [Please complete Part III and IV]

 

 

>> PART II

 

1.

Date of change of [Select Option]

 

2.

Name of Registered Holder

 

3.	Circumstance(s) giving rise to the interest or change in interest	[Select Option]
	# Please specify details

 

4.	Information relating to shares held in the name of the Registered Holder
	No. of [Select Option] held before the change   As a percentage of issued share capital %   No. of N.A. which are subject of this notice   As a percentage of issued share capital %   Amount of consideration (excluding brokerage and stamp duties) per share paid or received     No. of N.A. held after the change   As a percentage of issued share capital %

 

 

>> PART III

 

1.

Date of change of Deemed Interest

12-06-2008

 

2.

The change in the percentage level

From 45.00 % To 46.01 %

 

3.	Circumstance(s) giving rise to the interest or change in interest	# Others
	# Please specify details	By virtue of: 1. a series of transactions by group companies of DBS Group Holdings Limited (“DBS”) and Keppel Corporation Limited (“KCL”); and 2. share buy backs by SPC which decreased the total number of issued shares from 515,907,357 shares (excluding 186,000 treasury shares) as at 16 March 2007 to 514,567,257 shares (excluding 1,796,100 treasury shares) as at 12 June 2008. As at 12 June 2008, Temasek therefore had an aggregate interest in 236,773,797 ordinary shares representing 46.01% of the issued shares comprising 234,522,797 shares held by group companies of KCL, an associated company and 2,251,000 shares held or managed on a discretionary investment basis by group companies of DBS, an associated company of Temasek. Temasek became aware of the change in percentage level of its interest in the shares on 12 June 2008.

 

4.

A statement of whether the change in the percentage level is the result of a transaction or a series of transactions:

The change in the percentage level is the result of a series of transactions.

 

 

>> PART IV

 

1.	Holdings of Substantial Shareholder , including direct and deemed interest :

 

	Direct	Deemed
No. of shares held before the change	0	232,147,797
As a percentage of issued share capital	0 %	45.00 %
No. of shares held after the change	0	236,773,797
As a percentage of issued share capital	0 %	46.01 %

 

Footnotes

1. Based on 515,907,357 issued shares (excluding 186,000 treasury shares) as at 16 March 2007. 2. Based on 514,567,257 issued shares (excluding 1,796,100 treasury shares) as at 12 June 2008.