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lookcc, I have to agree with you tomorrow this burger will be shorted. I may join in the fun, see how. But dun be surprise SPC cheong instead of LS...lol! This counter had been crazy lately...lol!
lookcc ( Date: 22-Apr-2008 21:07) Posted:
| spc 2morrow good 4 shortists.
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spc 2morrow good 4 shortists.
hehehe...wah, you trailing my posts! Hey, dun play play, we are dealing with real $$ here, not monopoly $$. I did not ask people to sell tomorrow, please dun misinterprete my post, can be dangerous here!!!
I am not selling, neither will I be buying. BuI have some contra positions still open. Might not realise any profit tomorrow. Will consider sell those tomorrow.
I AM WAITING FOR MY DIVVY...lol!
stockseeker ( Date: 22-Apr-2008 18:12) Posted:
Idesa168, isn't it contradicting if u are telling readers to sell all tmrrw and yet you are indicating that you have no money to buy in to this counter?? :P
Sleazy ain't ya?? :P |
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EU now is at pink. Q low is more viable, can adjust after 0400hrs 2moro morning after confirming with DJ performance. AK view only, risk at your own accord. Ha ha, Ak will do technical naked shorting(10 bits higher) later on to test my view. Cheers.
buy buy buy...this week got potential esp SPC giving dividends soon!!
People got lopang lah!!! But AK still got faith on both of them leh, esp Kepcorp.
Idesa168, isn't it contradicting if u are telling readers to sell all tmrrw and yet you are indicating that you have no money to buy in to this counter?? :P
Sleazy ain't ya?? :P
Ha, AK is back to do some update. So how tonite? Q buy both SPC n Kepcorps 10 bits lower at 2000 hrs first lah. Sorry, still got Kepland leh, do the same thing? Amend later once DJ opens market or wait until tomorrow morning around 0800hrs.
No $$ to buy leow! Now oil so expensive!
ViperG ( Date: 22-Apr-2008 17:54) Posted:
Dun be surprise to see SPC and KepC continue their uptrend Despite this decline..... If it drop, I know I168 will accumulate again...hehe.
viruz7667 ( Date: 22-Apr-2008 17:37) Posted:
April 22, 2008, 5.30 pm (Singapore time) 
SPC Q1 profit down 12%
SINGAPORE - Singapore Petroleum Co Ltd reported on Tuesday a 12 per cent decline in quarterly net profit.
The oil refining and marketing firm said it earned $98.5 million
(US$72.96 million) in the three months to the end of March, compared
with $112.1 million a year ago.
Keppel Corp, the world's
number-one offshore oil drilling-rigs builder, owns 45 per cent of SPC,
which equally shares ownership of a 285,000 barrels a day refinery in
Singapore with US oil major Chevron. -- REUTERS
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Result is not flying colour! Revenue up 41% from 1Q07, net profit down 12%. This drop is main due to tax writeback of $10.5 million in 1Q07. Nett Profit before tax for 1Q08 is $120.8 mil, 1Q07 is $117.9mil (up 2.5% only). Income Tax 1Q08 is $22.4 mil while 1Q07 is $5.8 mil. Of the $22.4 mil of Income Tax, $16 mil is for E&P...like that E&P where got profit??? Tomorrow SELL all!!!!
Dun be surprise to see SPC and KepC continue their uptrend Despite this decline..... If it drop, I know I168 will accumulate again...hehe.
viruz7667 ( Date: 22-Apr-2008 17:37) Posted:
April 22, 2008, 5.30 pm (Singapore time)
SPC Q1 profit down 12%
SINGAPORE - Singapore Petroleum Co Ltd reported on Tuesday a 12 per cent decline in quarterly net profit.
The oil refining and marketing firm said it earned $98.5 million
(US$72.96 million) in the three months to the end of March, compared
with $112.1 million a year ago.
Keppel Corp, the world's
number-one offshore oil drilling-rigs builder, owns 45 per cent of SPC,
which equally shares ownership of a 285,000 barrels a day refinery in
Singapore with US oil major Chevron. -- REUTERS
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April 22, 2008, 5.30 pm (Singapore time)
SPC Q1 profit down 12%
SINGAPORE - Singapore Petroleum Co Ltd reported on Tuesday a 12 per cent decline in quarterly net profit.
The oil refining and marketing firm said it earned $98.5 million
(US$72.96 million) in the three months to the end of March, compared
with $112.1 million a year ago.
Keppel Corp, the world's
number-one offshore oil drilling-rigs builder, owns 45 per cent of SPC,
which equally shares ownership of a 285,000 barrels a day refinery in
Singapore with US oil major Chevron. -- REUTERS
mmm...I think I need to add this...8.60 is just prediction. The share price might nose dive from here in short term. Good Luck!
idesa168 ( Date: 22-Apr-2008 15:03) Posted:
Hi Louise, it all depends on how well you can stomach the risk in reward for the gain. ViperG has his point, dun chase after a stock. If you invest now just wanting to get the 8.60 reward, then not worth. However, if your invest now and look forward to 12.00 (my prediction only), on long term, any price below 8.60 is a buy. So down to your time horizon. Good luck!
ViperG ( Date: 22-Apr-2008 14:37) Posted:
| Louis...Dun chase a stock but rather wait for the good opportunity for entry. As mentioned by I168, it might go up to 8.6 but this is only 0.4-0.5 cts gain from current level. Is it worth the risk? You have missed the recent bull run, you should just sit back and watch the "show"....Personal pt of view. |
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Hi Louise, it all depends on how well you can stomach the risk in reward for the gain. ViperG has his point, dun chase after a stock. If you invest now just wanting to get the 8.60 reward, then not worth. However, if your invest now and look forward to 12.00 (my prediction only), on long term, any price below 8.60 is a buy. So down to your time horizon. Good luck!
ViperG ( Date: 22-Apr-2008 14:37) Posted:
Louis...Dun chase a stock but rather wait for the good opportunity for entry. As mentioned by I168, it might go up to 8.6 but this is only 0.4-0.5 cts gain from current level. Is it worth the risk? You have missed the recent bull run, you should just sit back and watch the "show"....Personal pt of view.
louislauwm ( Date: 22-Apr-2008 14:08) Posted:
| if short term target @ 8.60 range... can we expect the px to stay firm on Xdate?? or expect a lot of selling on that day?? |
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hi viper, i only got 1 lot at 7.13... so thinking should i buy another lot to avg up for the div of $400 hehe.... most prob not gg to take the risk.... anyway thks for your advice.
Louis...Dun chase a stock but rather wait for the good opportunity for entry. As mentioned by I168, it might go up to 8.6 but this is only 0.4-0.5 cts gain from current level. Is it worth the risk? You have missed the recent bull run, you should just sit back and watch the "show"....Personal pt of view.
louislauwm ( Date: 22-Apr-2008 14:08) Posted:
| if short term target @ 8.60 range... can we expect the px to stay firm on Xdate?? or expect a lot of selling on that day?? |
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if short term target @ 8.60 range... can we expect the px to stay firm on Xdate?? or expect a lot of selling on that day??
My short term target: 8.60. Why? ExxonMobil, Chevron, Conocophillips & Hess Corp, who are the big bosses in the America are trading 1% lower than their 52 weeks high. SPC being a very smaller company compared to them, plus their upstream activity is much much bigger than SPC, but somehow they are in the same industry. If instead of 1% lower than the high, SPC trades 5% below the high @8.50, there is still a little more upside from here @8.13. Hence I held on to my short term view for the time being....SPC CHEONGGGGG ARHHHHHHH......
Tks again loh, will lock them hard, he he!! May loiter somewhere this pm. Keep my fingers out from the keyboard leow. Market quiet mah. Cheers.
LOL...no tension lah, just curious why you wanna sell, perhaps to share your view. So you are not selling... I am keeping mine too, now very warm under my pillow awaiting for divvy!
AK_Francis ( Date: 22-Apr-2008 12:22) Posted:
| Idesa, relax lah, jangan tension. AK still holding, ha ha for retirement loh.. You said one, he he. |
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