
richtan ( Date: 20-Apr-2009 23:56) Posted:
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AK, u might be leaving the party too early, the party & fun has just started, the cream yet to be tasted, champagne & abalone yet to be served.
It may just consolidate to chuan-kui b4 charging up again.
Yah, u may wait for the boat to turn back but by then, the boatman may demand u to pay higher boat fare leow
See KELive chart analyse:
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
AK_Francis ( Date: 20-Apr-2009 23:42) Posted:
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OK, will Q sell now at 3.50. Change if DJ later improves n CO future follows suit. Cheers.
lookcc ( Date: 20-Apr-2009 23:18) Posted:
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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
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:
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Can call me when free to discuss more AK. Now more exciting to talk liao
AK_Francis ( Date: 20-Apr-2009 18:00) Posted:
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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).
Ha ha, lucky ha, didn't sell all after US posted CO stock pile n low demand. Got teh talek ok liao. Cheers.
PS. Bola 1, did u acc few???
Yah my beautiful lady in kopitiam, that day u mentioned SPC, also making $ sian? Dun answer in ds forum, fragile exposure, can contact w other means. Cheers.
First Quarter Results
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_8937D04DE4E1FC384825759E00327B57/$file/SPC1Q.2009Results.PressRelease.20April2009.pdf?openelement
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_8937D04DE4E1FC384825759E00327B57/$file/SPC1Q.2009FinancialStatements.20April2009.pdf?openelement
Announcing result today, broking hse told last week. But not published yet. Didn't expect it moves so fast, though peowing at 3.21 ds am.
Relax lah, jangan tension, unless it got special div on top of d 8 cts div announced earlier n to be seconded on 22 ds mth. Die die must attend d AGM liao, got free SPC fuel voucher n other goodies, last AGM.
Blastoff ( Date: 20-Apr-2009 16:46) Posted:
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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
AK_Francis ( Date: 17-Apr-2009 10:40) Posted:
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richtan ( Date: 16-Apr-2009 23:10) Posted:
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