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161-180 of 603
Tuesday: 6th APRIL 2010
10:46.18 to 10:47.18
from the market depth
S$0.365 were sold in two BIG lots.
sEEms like GLENCORE is selling to increase
Public FREE FLOAT ?
Not the same tony
pharoah88 ( Date: 06-Apr-2010 10:56) Posted:
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i nOtice there is a tonylim2
are you holding two accounts ?
or are both of you TWINS ?
tonylim ( Date: 06-Apr-2010 10:16) Posted:
| Reject the Offer and do not sell at the open too (as Glencore may be the one picking up at 37 cents as an inducement |
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i nOtice there is a tonylim2
are you holding two accounts ?
or are both of you TWINS ?
tonylim ( Date: 06-Apr-2010 10:16) Posted:
Reject the Offer and do not sell at the open too (as Glencore may be the one picking up at 37 cents as an inducement)
Happyseah ( Date: 05-Apr-2010 18:33) Posted:
| i will buy another 10 lots tomm... |
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Reject the Offer and do not sell at the open too (as Glencore may be the one picking up at 37 cents as an inducement)
Happyseah ( Date: 05-Apr-2010 18:33) Posted:
| i will buy another 10 lots tomm... |
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i will buy another 10 lots tomm...
Chemoil's business is deceptively simple. The company bills itself as a gas station for ships, a business known as bunkering. It has a slew of small competitors strewn across the highly fragmented bunkering market.
Chemoil's advantage is its global scale. "What makes Chemoil different from other independent players is that it has a presence in most of the key bunkering ports worldwide," says Cheryl Lee, an analyst at ubs in Singapore. The company's operations span almost every major port, from Los Angeles and New York to Rotterdam, Panama and, of course, Singapore, the world's largest ship-fueling port. Not only does that allow Chemoil to offer global service to customers, it also allows the company to buy fuel where it's cheapest and sell it where it's dearest. "No other independent player has this presence," says Lee.
tonylim ( Date: 04-Apr-2010 13:41) Posted:
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DIE DIE MUST BUY
OR CAN DIE if you miss the boat
pharoah88 ( Date: 04-Apr-2010 13:20) Posted:
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DON'T BUY
CAN DIE ?
I'll fOllOw U |
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CHEMOIL, the HORSE,
CIRCULARS tO YOU, the SHAREHOLDERS
iN BLACK & WHITE
tO ADVISE "REJECT THE OFFER"
NO FEAR
pharoah88 ( Date: 05-Apr-2010 17:43) Posted:
AUSGROUP +S$0.035 tOday
CHEMOIL TP shOuld be USD0.425 tOmOrrow |
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Monday: 5th March 2010 CLOSING
vOlume 1,511,000 USD0.370
USD0.365 1,063,000 (620,000 BOUGHT frOm SELLER)
USD0.370 447,000 (360,000 BOUGHT frOm SELLER)
USD0.375 1,000 ( 1,000 BOUGHT frOm SELLER)
16:46.20 USD0.370 256,000 BOUGHT frOm SELLER
CHEMOIL RECOVERY CONFIRMED
AUSGROUP +S$0.035 tOday
CHEMOIL TP shOuld be USD0.425 tOmOrrow
Up one cent on much higher volume tdy. Good sign...
CHEMOIL, the HORSE,
CIRCULARS tO YOU, the SHAREHOLDERS
iN BLACK & WHITE
tO ADVISE "REJECT THE OFFER"
NO FEAR
pharoah88 ( Date: 04-Apr-2010 13:14) Posted:
CHEMOIL BOARD ISSUED OFFICIAL CIRCULAR TO ALL SHAREHOLDERS
DATED 31 MARCH 2010
SECTION 1.3 PURPOSE OF CIRCULAR
........Independent Directors recommend that Shareholders REJECT the Offer for the reasons set out in Section 8.2 of this Circular.
SECTION 8.2 EYCR's Advice to the Independent Directors on the Offer
........ REJECT THE OFFER ........ |
|
Chemoil's business is deceptively simple. The company bills itself as a gas station for ships, a business known as bunkering. It has a slew of small competitors strewn across the highly fragmented bunkering market.
Chemoil's advantage is its global scale.
"What makes Chemoil different from other independent players is that it has a presence in most of the key bunkering ports worldwide," says Cheryl Lee, an analyst at ubs in Singapore. The company's operations span almost every major port, from Los Angeles and New York to Rotterdam, Panama and, of course, Singapore, the world's largest ship-fueling port. Not only does that allow Chemoil to offer global service to customers, it also allows the company to buy fuel where it's cheapest and sell it where it's dearest. "No other independent player has this presence," says Lee.
mypaper Thursday: 1st APRIL 2010
BETWEEN THE LINES
Oil prices find a sweet spot
HOUSTON
And there the price has stayed, more or less, since August, reaching a rough stability in the US$70 to US$83 range.
Economists and government officials say that if prices remain in that band, it could benefit the world economy, the future security of energy supplies and even the environment.
The price is high enough to drive
“It’s a sweet spot,” said Mr Kenneth Rogoff, a Harvard professor of international finance. “It’s not too low that it’s crushing demand for
and fiscal crises in oil-exporting countries. And it’s not so high that it’s driving African countries deeper into poverty and threatening the recovery in the US and Europe.” Petrol prices have stabilised along with oil prices, with the average US price for a gallon of regular petrol ranging from US$2.50 to US$2.80 since June.
Oil prices have jumped somewhat this week, but they are still within the band they have occupied for months. Light, sweet Texas crude closed on Tuesday at US$82.37 a barrel.
Energy experts say that several far-flung global developments have converged to put supply and demand in relative equilibrium, at least for the time being. Members of the Organisation of Petroleum Exporting Countries have remained fairly disciplined in complying with their announced production cuts. Meanwhile, among non- Opec producers, growing oil output in Brazil, Russia and the Gulf of Mexico has counterbalanced production declines in the North Sea, Alaska, Venezuela and Mexico.
On the demand side, growing appetites for oil in China, India and other developing nations have been offset by declining demand in the United States and Europe, because of their slowing economies, conservation efforts and growing use of biofuels. “The current price range provides a geopolitical benefit,” said Mr David Goldwyn, the US State Department coordinator for international energy affairs.
“With ample capacity in oil, and commercial inventories at five-year highs, markets are well positioned to absorb any potential supply disruption, even without resorting to strategic stocks.” While the last four decades have been punctuated by various oil-price booms and busts stemming from oil embargoes, wars and recessions, periods of relative stability lasting months or years have been OIL prices have done something remarkable over the last half-year or so: They have barely budged. Memories are still fresh of the chaotic climb to US$147 (S$206) a barrel only two summers ago, accompanied by petrol costing U$4.11 a gallon. The spike led to accusations from drivers and politicians that oil companies were price-gouging. Then crude prices plummeted, along with the world economy, to around US$34 a barrel just over a year ago, only to double again in a matter of months as confidence began to recover.investment in future oil production and in supplies of alternative energy, they note, but low enough that consumers can bear it.renewable energy sources or causing debtcommonplace. Not surprisingly, oil producers prefer stability to plan their investments. “The worst thing that happens in our industry is volatility,” said Mr G. Steven Farris, chairman and chief executive of Apache Corp. With prices stabilising, his company has increased its exploration and development budget by 50 per cent this year, to US$6 billion. Meanwhile, many of the independent oil companies are pumping up their oil-exploration investment budgets as well. “If we still had US$35 oil prices, you would not have seen us be nearly as active in the Gulf of Mexico,” Mr James Hackett, chairman and chief executive of Anadarko Petroleum, said in an interview. The biggest long-term threat to the new balance is growing consumption in China and other developing countries. But some analysts express hope that such countries can curb their oil-demand growth as they build power-transmission lines that will enable them to replace inefficient diesel generators with alternative power sources like gas and nuclear. “Demand will change; supply will change,” said Mr Christof Ruehl, chief economist of BP, the oil company. “The world changes all the time.” NYT
Oil prices find a sweet spot
BETWEEN THE LINES
Oil prices will jump almost 20 per cent this year, driven by demand from China and emerging markets, according to UniCredit
Singapore's 40 Richest
Riding the Waves
Wayne Arnold
09.03.07
Robert Chandran has changed citizenship twice en route to a fortune from a company that fuels the world's shipping industry.
Mumbai-born Robert Chandran traded in the American dream for a Singaporean vision. After immigrating to California in 1976, he earned a fortune in San Francisco Bay Area real estate and built the largest supplier of marine fuel in the U.S. Two years ago he gave up his U.S. passport for Singaporean citizenship and moved to the island-state and listed his company, Chemoil Energy, on the Singapore stock exchange last year in an initial public offering.
"I'm at a stage in life where I can live anywhere, I suppose," says the 57-year-old executive. "I want to live in Asia."
Singapore offered a variety of advantages: an ultraefficient entrepôt with low taxation and no tax on global income, no Sarbanes-Oxley headaches and front-row seats in the fastest-growing markets for Chemoil's fuel. "Singapore made sense," he says.
The move already appears to be paying off. Last year Chemoil's revenues rose 18% to a record $4.35 billion, with net profits rising 17% to a record $57.8 million. Earnings in the first quarter of this year jumped 25%. As for Chandran, his 46% stake in the company now makes him worth more than $490 million, No. 14 on our list of Singapore's 40 Richest.
Chemoil's business is deceptively simple. The company bills itself as a gas station for ships, a business known as bunkering. It has a slew of small competitors strewn across the highly fragmented bunkering market.
Chemoil's advantage is its global scale.
"What makes Chemoil different from other independent players is that it has a presence in most of the key bunkering ports worldwide," says Cheryl Lee, an analyst at ubs in Singapore. The company's operations span almost every major port, from Los Angeles and New York to Rotterdam, Panama and, of course, Singapore, the world's largest ship-fueling port. Not only does that allow Chemoil to offer global service to customers, it also allows the company to buy fuel where it's cheapest and sell it where it's dearest. "No other independent player has this presence," says Lee.
Chemoil raised $85 million for its war chest from its ipo. Its ambition is simple, says Chief Financial Officer Jerome Lorenzo: more and more gas stations. In Singapore the company is building a $125 million terminal that will make it the only bunkering company capable of handling very large crude carriers (448,000 cubic meters capacity). It is expanding operations to the port of Fujairah in the United Arab Emirates and has its eyes on the Suez Canal and Gibraltar.
Expansion seems to come easily to the genial Chandran, whom colleagues describe as passionate and even impetuous. "He's a consummate entrepreneur, his mind always full of ideas," said Adrian Tolson, Chemoil's vice president for sales and marketing. A vegetarian Hindu with a Californian's love of wine, Chandran is accustomed to stalking the office shoeless. Fittingly, he indulges a penchant for philosophy by signing every e-mail with a phrase adapted from Longfellow: "Strive to leave footprints on the sands of time."
DIE DIE MUST BUY
OR CAN DIE if you miss the boat
pharoah88 ( Date: 04-Apr-2010 13:20) Posted:
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DON'T BUY
CAN DIE ?
I'll fOllOw U
tonylim ( Date: 03-Apr-2010 15:00) Posted:
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Independent Directors with Ernst & Young as the financial advisor strongly recommend Rejection of the Offer. The pathetic offer price was accepted by the family of the late CEO due to trying circumstances. Glencore is really unscrupulous to take advantage of the poor widow.
My take is to buy now at .36 and wait for it to move above .60 after the offer lapses. |
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DON'T BUY
CAN DIE ?
I'll fOllOw U
tonylim ( Date: 03-Apr-2010 15:00) Posted:
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Independent Directors with Ernst & Young as the financial advisor strongly recommend Rejection of the Offer. The pathetic offer price was accepted by the family of the late CEO due to trying circumstances. Glencore is really unscrupulous to take advantage of the poor widow.
My take is to buy now at .36 and wait for it to move above .60 after the offer lapses.
pharoah88 ( Date: 02-Apr-2010 21:00) Posted:
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NEED to be confirmed by SGX insider trading reporting Over the next twO wEEks.
to sEE whether GLENCORE is buying from market Or nOt ?
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PRiCE will SPiKE on Monday: 5th APRIL 2010
Back to USD0.620 ?
pharoah88 ( Date: 04-Apr-2010 13:14) Posted:
CHEMOIL BOARD ISSUED OFFICIAL CIRCULAR TO ALL SHAREHOLDERS
DATED 31 MARCH 2010
SECTION 1.3 PURPOSE OF CIRCULAR
........Independent Directors recommend that Shareholders REJECT the Offer for the reasons set out in Section 8.2 of this Circular.
SECTION 8.2 EYCR's Advice to the Independent Directors on the Offer
........ REJECT THE OFFER ........ |
|
CHEMOIL BOARD ISSUED OFFICIAL CIRCULAR TO ALL SHAREHOLDERS
DATED 31 MARCH 2010
SECTION 1.3 PURPOSE OF CIRCULAR
........Independent Directors recommend that Shareholders REJECT the Offer for the reasons set out in Section 8.2 of this Circular.
SECTION 8.2 EYCR's Advice to the Independent Directors on the Offer
........ REJECT THE OFFER ........
Independent Directors with Ernst & Young as the financial advisor strongly recommend Rejection of the Offer. The pathetic offer price was accepted by the family of the late CEO due to trying circumstances. Glencore is really unscrupulous to take advantage of the poor widow.
My take is to buy now at .36 and wait for it to move above .60 after the offer lapses.
pharoah88 ( Date: 02-Apr-2010 21:00) Posted:
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NEED to be confirmed by SGX insider trading reporting Over the next twO wEEks.
to sEE whether GLENCORE is buying from market Or nOt ?
trueview ( Date: 01-Apr-2010 19:32) Posted:
| going to double the holding.Glencore act as the big brother support behind,if the offer lapse.bad become good.buylah... |
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NEED to be confirmed by SGX insider trading reporting Over the next twO wEEks.
to sEE whether GLENCORE is buying from market Or nOt ?
trueview ( Date: 01-Apr-2010 19:32) Posted:
| going to double the holding.Glencore act as the big brother support behind,if the offer lapse.bad become good.buylah... |
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