SPC   

SPC

I have never attended AGM.  Perhaps should attend to enjoy the free meal to cover my commission... But then got to take leave....

 

On Ex date, it will dip accordly, depending the  market strength. Ie is if market is very bad it will dip substantially as compared to price before Ex date. If market is generally fince, then it will not break very badly, as the stock has good potential.

FY announcement you may get surprise of Special Div on top of the 40cents div declared. The catch is last yr when SPC announced both crude oil plants in Indon and China profit yield will not lump into 07 last Qtr, thus you only see 20 cents interim div in last Qtr.

Now, situation is much different already, the high oil prices will definitely add into the overal 1Qtr leow, my view. Though, in today SPC notice of AGM published in BT, none of the 11 resolations mentioned about the special div except to declare the final tax exempt one-tier div of 40 cents per share for the final yr ended 31 Dec 07.

Ha, the AGM is on 23 Apr 07 at Raffles City Convention Centre. Share hold should be receiving the SPC Annual Journal this few days. If market is dull, may drop by for the meeting to hv a cup of coffee or a gallon of petrol, he he. Cheers.

 

if use 5% yield as benchmark, target price = $8 before xd.

that's excluding any interim dividends.

 

louislauwm      ( Date: 09-Apr-2008 10:58) Posted: what is the trend like after Ex date?? i bot 1 lot at 7.13 quite high... 22 Apr SPC gg to anounce their 1st qrt... will there be another rd of interim div??

 

what is the trend like after Ex date?? i bot 1 lot at 7.13 quite high... 22 Apr SPC gg to anounce their 1st qrt... will there be another rd of interim div??

 

Agree, $6.5 is already in profit.  If there is any consolation, I bought 1 lot at $7 day before and yesterday another lot at $7.04.

 

i oso have 5 lots at 6.5, but i dun consider it as stuck lei.  :)

goondoo      ( Date: 08-Apr-2008 20:12) Posted: SPC is unlikely to go below $6.5 before xd. After xd maybe u can get at $6.3 or if mkt crash, as low as $5.5. Me still stuck with SPC at $6.5

 

Heng, I didn't follow my former strategy applied in last 3 yrs where once the div was announced, I would buy in the stocks in stages before Ex date.  Due to the poor market atmosphere, I reduced  its investment size.

Goon, you smarter than me, I got an avg of 6.875 per lot. Due to the volatile market nowadays, AK may sw plan in times go by. Just heard news on U chennel, US brought out further bad news on sub-prime related issues, god bless leow.

 

SPC is unlikely to go below $6.5 before xd.

After xd maybe u can get at $6.3 or if mkt crash, as low as $5.5.

Me still stuck with SPC at $6.5

 

hoping to buy at 6.32 b4 xd.......just hope.

 

I168..I guess i will hold this it for long. Unlike u and Francis, i have only 2 lots which is bought today. Making this loss is still within my acceptable range....hhehe 

 

At 6.97 cheap loh, but no extra cash to buy further leow. 11 lots for retirement, he he.

 

 

sorry dude, now I rem you entered 7.13! You exited already? or intend to hold?

ViperG      ( Date: 08-Apr-2008 17:32) Posted: Aiya...Earn on SGX and loss on SPC...Will divert my attention back to SGX from now...will short as much as possible. Hehe..Return of the Polar Bears!!

 

Aiya...Earn on SGX and loss on SPC...Will divert my attention back to SGX from now...will short as much as possible. Hehe..Return of the Polar Bears!!

 

HELLO....on drop 6 cts from your purchase lah, why so pessimistic ...LOL! Maybe next week you let go liao!

viruz7667      ( Date: 08-Apr-2008 17:19) Posted: alamak..mistake! i supported at 7.03 ah! lol..ok la..this one i shall keep till i reach 60 yrs old..okie? i support u too!  idesa168      ( Date: 08-Apr-2008 17:16) Posted: Can you go temple and pray...lol! Dun worry lah. SPC ok one, very safe. If not I wun hold 10 lots. If down, still got fat divvy around the corner....RELAX

 

hahaha...i not greedy,ig got 5 lot SPC,5 lot dbs,5 lot uob and the list goes on,i also can retire.

I oni need S$2500 a month from dividends and afterall i am stupidfool so sure can retire one.

 

idesa168      ( Date: 08-Apr-2008 13:14) Posted: Trust me, it's enough.....SPC x 10, DBS x 10, UOB x 10, SGX x 10....the list goes on...hehehe! Like that enuf or not! LOL.... stupidfool      ( Date: 08-Apr-2008 12:31) Posted: Stupidfool also know that 10 lots to retire is not enu

 

alamak..mistake! i supported at 7.03 ah! lol..ok la..this one i shall keep till i reach 60 yrs old..okie? i support u too! 

idesa168      ( Date: 08-Apr-2008 17:16) Posted: Can you go temple and pray...lol! Dun worry lah. SPC ok one, very safe. If not I wun hold 10 lots. If down, still got fat divvy around the corner....RELAX! viruz7667      ( Date: 08-Apr-2008 17:08) Posted: I supported at 2lots 7.02....and now market close at 6.97.....%#$#$#%&*(*%%^#$#%%&&(((

 

Can you go temple and pray...lol! Dun worry lah. SPC ok one, very safe. If not I wun hold 10 lots. If down, still got fat divvy around the corner....RELAX!

viruz7667      ( Date: 08-Apr-2008 17:08) Posted: I supported at 2lots 7.02....and now market close at 6.97.....%#$#$#%&*(*%%^#$#%%&&(((

 

Wow, I didn't look at it after 1530, bro good buy leow. Cheers. 

 

I supported at 2lots 7.02....and now market close at 6.97.....%#$#$#%&*(*%%^#$#%%&&((( 

 

LOL...cheong the other way down...%^&*$. Brokenheartz, my SPC is for long term one. Might not cheong in the short term u know....