Post Reply
161-180 of 6935
Very active on ds post todai. Ha ha just bought few for sou.
Leave desk for lunch n meet d people session liao.
BTW, dun forget AGM tomorrow pm ah. Despite down in P 44%, hope still got good buffet and goodies bag.
har?? stock goes up and down yes....but in the range up 19cts and dn 21cts next day?? wow..that is volatility liao wor....gee..wonder why no issuer for CALL or PUT warrants on this SPC burger har? hee.... :D
richtan ( Date: 21-Apr-2009 12:15) Posted:
|
Markets go up & down , not up or down in straight line. Profit taking is to b expected, no need to be so alarmed. Overall, on chart, still uptrend with 13sma, 50sma, 100sma trending up & approaching the 200sma, which is the last hurdle, macd trending above the signal line.
From KELive:
SPC closed above its KRL on 3 April and thereafter, gained more than 9%. SPC may head
toward $3.80 if it manages to break above its recent high of $3.21. However, we would
advocate that traders shift their stop loss upwards to $3.13.
There is a chart in pdf format which I dun know how to copy & paste here.
Can some expert plse advise me. Thks a lot
Dyodd
nickyng ( Date: 21-Apr-2009 11:56) Posted:
wow...getting lower...3.19 ?? sucker's rally..haha..hmm..i m curious how come Kepcorp can still sustain to 5.75 at current level?? BBs expecting somethg brewing this coming Thur announcement har? hee...
|
|
|
|
Yes, all investors do the same...
What I meant was, if I hadn't followed my charts and dumped everything a few months ago, I would still be licking my wounds now, since prices have fallen drastically, really hugely, from those highs...
thus by dumping very early before the big meltdown got underway, I indeeed saved a bundle.
Now I can use my saved cash to buy in at the currrently low prices... esp the pennies.. 
shplayer ( Date: 21-Apr-2009 10:54) Posted:
He he he....when I invest, my objective is to make $$$$.....not to 'save a bundle'.
Having said that, I do use technicals to time entry and exit when original fundamentals have changed. |
|
Markets go up & down , not up or down in straight line. Profit taking is to b expected, no need to be so alarmed. Overall, on chart, still uptrend with 13sma, 50sma, 100sma trending up & approaching the 200sma, which is the last hurdle, macd trending above the signal line.
From KELive:
SPC closed above its KRL on 3 April and thereafter, gained more than 9%. SPC may head
toward $3.80 if it manages to break above its recent high of $3.21. However, we would
advocate that traders shift their stop loss upwards to $3.13.
There is a chart in pdf format which I dun know how to copy & paste here.
Can some expert plse advise me. Thks a lot
Dyodd
nickyng ( Date: 21-Apr-2009 11:56) Posted:
wow...getting lower...3.19 ?? sucker's rally..haha..hmm..i m curious how come Kepcorp can still sustain to 5.75 at current level?? BBs expecting somethg brewing this coming Thur announcement har? hee...
|
|
Ha ha Q last nite to sell, didn't make it. Wanted to tech naked shorting ds am, fingers too slow.
Small matter, dog got its day, he he.
nickyng ( Date: 21-Apr-2009 11:56) Posted:
wow...getting lower...3.19 ?? sucker's rally..haha..hmm..i m curious how come Kepcorp can still sustain to 5.75 at current level?? BBs expecting somethg brewing this coming Thur announcement har? hee...
|
|
wow...getting lower...3.19 ?? sucker's rally..haha..hmm..i m curious how come Kepcorp can still sustain to 5.75 at current level?? BBs expecting somethg brewing this coming Thur announcement har? hee...
Take it easy!!! Cool man!!! Why feel so agitated???
I truly appreciate your sharing on the fundamentals, just as I too tried my best to share watever info I have to return wat I benefitted from this forum.
Yes, this is a forum for sharing....as u said "everyone is entitled to his/her own opinions", so likewise I am also entitled to use 3 of ??? to emphasie (1 or 2 ?, I think is too little to emphasie) & this does not mean I am getting excited when others have a differing view from mine.
We are matured adults & surely we agree to disagree & post our individual opinions.
At least I'm glad tat, subsequent to this ??? posting, u shared thru your subsequent post on their NG biz which I really appreciate as it now gives more balance info.
shplayer ( Date: 21-Apr-2009 10:08) Posted:
|
First of all, this is a forum for sharing....everyone is entitled to his/her own opinions....so no need to get too excited by using lots of ???? to emphasise when others have a differing view from yours.
Gas production is tied in to oil production....broadly grouped under 'Upstream' (US) business. Near future NG production increase is from Kakap field (fr 2010 production of 20mmscfd) and Oyang field (from 2011 - no production rate forecast). The Kakap field, when it comes on stream will increase US output by approx 3,300 boepd.......i.e approx 30% of current production to 13,000 boepd. Lets say when Oyang comes on stream, total production output will be 16,000 boepd.....so 60% increase in US output.
However, whether this is profitable or not depends alot on CO price (NG price is tied in with CO price).
In 1Q09, Downstream (DS) business was $1.4b T/O and $118.6 operating profit and US business was $35m T/O and loss -$18.2m. This loss is due to low CO price....ave of about USD45/bbl?
So, if you look at the ratios of the US and DS business, unless CO price improves significantly, the bulk of SPC's financial performance is still heavily dependant on the DS business.
richtan ( Date: 20-Apr-2009 22:41) Posted:
|
Wat about future contribution from its natural gas biz???
Are u aware tat SPC is not only a pure oil play now, so u have to factor in the future contribution from its natural gas biz. |
|
|
|
Of course, everyone is free to invest their $$$ in anyway they like according to how they feel about the stock.
I am also merely highlighting & creating an awareness of SPC's other biz (natural gas) besides oil, to post just on their oil biz without factoring the gas biz, I feel is misleading & inaccurate as SPC is no longer a pure oil play.
I am also trying to post the information I know for anyone who cares to use it.
shplayer ( Date: 21-Apr-2009 10:14) Posted:
|
ps.......you are,of course,free to invest your $$$ in anyway you like according to how you feel about the stock.
I am merely stating my views of SPC's outlook.......I don.'t make any calls for 'buy' or 'sell'. I believe everyone should have their own investment criteria and should apply it accordingly.
I just try to post the information I know for anyone who cares to use it.
richtan ( Date: 20-Apr-2009 22:41) Posted:
|
Wat about future contribution from its natural gas biz???
Are u aware tat SPC is not only a pure oil play now, so u have to factor in the future contribution from its natural gas biz. |
|
|
|
He he he....when I invest, my objective is to make $$$$.....not to 'save a bundle'.
Having said that, I do use technicals to time entry and exit when original fundamentals have changed.
From his posts, we can see '
Da Ge' shplayer is a good and dilgent stock analyst who has benefitted many members here through his thorough posts on fundamentals.
But in a way, I am very happy to be a 'pure chart player'.
That alone saved me a bundle.
I throw fundamentals to the winds, since I only trust a stock's price action itself (regardless of volume)...
ps.......you are,of course,free to invest your $$$ in anyway you like according to how you feel about the stock.
I am merely stating my views of SPC's outlook.......I don.'t make any calls for 'buy' or 'sell'. I believe everyone should have their own investment criteria and should apply it accordingly.
I just try to post the information I know for anyone who cares to use it.
richtan ( Date: 20-Apr-2009 22:41) Posted:
|
Wat about future contribution from its natural gas biz???
Are u aware tat SPC is not only a pure oil play now, so u have to factor in the future contribution from its natural gas biz.
shplayer ( Date: 20-Apr-2009 21:32) Posted:
1Q09 results is a relief as it shows that Co. is back in the black with a eps of 10.8c (4Q08 -9.7c). If Co. did not write down its E&P expenses in Jeruk field ($43.3m), its eps would have been 19.2c.......comparable to 1Q08 of 19.1c.
Co. achieved a RM of USD4.50/bbl.......this was due in part to shut down of refining capacities in the region. However, its upstream performance (E&P) recorded a loss of $18.2m. (this loss is before the 43.3m Jeruk writedown). .I suspect they paid too high a price for the China Oilfield the bought a year ago.
Looking forward, refining will be competitive with refineries in India and Vietnam coming on stream. Surplus of CO will keep CO prices low......so my conclusion is SPC will continue to face operational challenges.
The plus point is its cash horde ($311m) and cashflow generated from operations for 1Q09 ($278m). |
|
|
|
First of all, this is a forum for sharing....everyone is entitled to his/her own opinions....so no need to get too excited by using lots of ???? to emphasise when others have a differing view from yours.
Gas production is tied in to oil production....broadly grouped under 'Upstream' (US) business. Near future NG production increase is from Kakap field (fr 2010 production of 20mmscfd) and Oyang field (from 2011 - no production rate forecast). The Kakap field, when it comes on stream will increase US output by approx 3,300 boepd.......i.e approx 30% of current production to 13,000 boepd. Lets say when Oyang comes on stream, total production output will be 16,000 boepd.....so 60% increase in US output.
However, whether this is profitable or not depends alot on CO price (NG price is tied in with CO price).
In 1Q09, Downstream (DS) business was $1.4b T/O and $118.6 operating profit and US business was $35m T/O and loss -$18.2m. This loss is due to low CO price....ave of about USD45/bbl?
So, if you look at the ratios of the US and DS business, unless CO price improves significantly, the bulk of SPC's financial performance is still heavily dependant on the DS business.
richtan ( Date: 20-Apr-2009 22:41) Posted:
|
Wat about future contribution from its natural gas biz???
Are u aware tat SPC is not only a pure oil play now, so u have to factor in the future contribution from its natural gas biz.
shplayer ( Date: 20-Apr-2009 21:32) Posted:
1Q09 results is a relief as it shows that Co. is back in the black with a eps of 10.8c (4Q08 -9.7c). If Co. did not write down its E&P expenses in Jeruk field ($43.3m), its eps would have been 19.2c.......comparable to 1Q08 of 19.1c.
Co. achieved a RM of USD4.50/bbl.......this was due in part to shut down of refining capacities in the region. However, its upstream performance (E&P) recorded a loss of $18.2m. (this loss is before the 43.3m Jeruk writedown). .I suspect they paid too high a price for the China Oilfield the bought a year ago.
Looking forward, refining will be competitive with refineries in India and Vietnam coming on stream. Surplus of CO will keep CO prices low......so my conclusion is SPC will continue to face operational challenges.
The plus point is its cash horde ($311m) and cashflow generated from operations for 1Q09 ($278m). |
|
|
|
err....suckers' rally will LAST as long as and as many when more suckers are being sucked in loh... :D
iPunter ( Date: 21-Apr-2009 09:50) Posted:
Soros is my greatest idol of sorts... a master of life itself...
But the question is how long a Suckers' Rally, or any rally for that matter, will last...
And this is the crucial question... because no one can know!... |
|
True, tough game, had been playing since 93. Old alrdy, treat ds small bet as hobby loh, keep brain working lah. Didn't aim to be milnaire by 2012, as some said. Ha ha probability is there, though slim, as sometimes buy big sweep also, fr d old auntie, in kopitiam.
iPunter ( Date: 21-Apr-2009 06:01) Posted:
This game is not easy to play...
If you always take small profits, in the end, you will always end up with little nett gain, or loss ..If you wait for bigger profit, it may run away...
The odds are stacked against you.... including all the long-term players... |
|
Soros is my greatest idol of sorts... a master of life itself...
But the question is how long a Suckers' Rally, or any rally for that matter, will last...
And this is the crucial question... because no one can know!...
wah! Sorros just commented the global stock mkt is in SUCKER's RALLY! wow..i think quite true for SPC !! whoever that take position yesterday must be curse and swearing by now? really a joke...haha..
i think next will be KepCorp...over-run too fast and too high?? hee....cant b wrong going SHORT on that ! :D hee....
This game is not easy to play...
If you always take small profits, in the end, you will always end up with little nett gain, or loss ..If you wait for bigger profit, it may run away...
The odds are stacked against you.... including all the long-term players...
ha ha, sifu, sound logical leh. Ok will take your advice as well, though just back fr kopitiam.
With some beers with d kopitiam Chinese nationals, no issue to give them a treat. They are lonely both ladies n men.
lookcc ( Date: 21-Apr-2009 00:21) Posted:
| where there is profit, take it.....market will always b there.
|
|
let's not let greed hv the better of us.
where there is profit, take it.....market will always b there.
