SPC   

SPC

absolutely... 168..  me super kiasi...

 

Is Spartan the same as kamikaze, that describes Nick, not us...hehehe! We are chinkiasu/kiasi Singaporean!

 

well Kilroy sir... we just got to dig down and wait for the bombarding to go away...  the sun (SPC) will soon rise... perhaps Monday....

 

You are the man idesa168 ! Courage of a Spartan.

 

why so quiet here? Licking your wounds...hehehe! Just saw a big whale entering the zone with 346 lots...cheer up leh!

 

" THERE, I TOLD YOU TO BUY MORE RIGHT"!...hehehe! .........Good day to of you, my sifus & friends.

 

I am currently listening to my favourite jazz, Pink Matini (Hang on my little tomato), and sipping wine while looking at the chart of SPC, a very quiet moment for me and my SPC! Still got profit from my investment + $0.20 divvy...mmm...not so bad afterall! Then the end of the song goes like this " IF YOU LISTEN TO YOUR HEART THE WHOLE NIGHT THROUGH, YOUR SUNNY SUNDAY WILL COME ONE DAY SOON TO YOU". Just Love it!

 

Idesa,

Hah, like the way you put. I am holding all SPC plus even other counters... Cheers, what goes down WILL COME UP.

Divvy 0.2 dollar means this it is better than FD ...

read news from reuter below...

 

NEW YORK, Aug 1 (Reuters) - U.S. stock index futures cut losses by about half on Wednesday after Treasury Secretary Henry Paulson said the market impact of the housing issue was contained, but credit market worries still rattled investors.

S&P 500 futures (SPc1: Quote, Profile, Research) were down 7.5 points, below fair value, a mathematical formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract.

Dow Jones industrial average futures (DJc1: Quote, Profile, Research) fell 53 points, and Nasdaq 100 (NDc1: Quote, Profile, Research) futures were down 5.75 points.

S&P futures were earlier down as much as 16 points and the Dow fell by as much as 133 points.

 

 

I hope tomorrow I will write this " THERE, I TOLD YOU TO BUY MORE RIGHT"!...hehehe!

 

Be optimistic. Tomorrow will be better lah, smile! See long term, not cashing out soon, your spirit will be taken care of....I am only worry of my kopi $$...sobbing...hehehe! Don't worry lah, life goes on!

 

Also spooking the DJI-30 is the escalating cost of crude oil, which topped $78 per barrel today, its highest in 12-months, just shy of the record high of $78.40 per barrel. Higher oil prices fuel inflation, crimps disposable income of consumers, and dents corporate profits. On July 16th, Goldman Sachs predicted crude prices could top $90 a barrel this autumn and hit $95 by the end of the year if OPEC keeps oil production capped at current levels of 26.6 million barrels per day.

 

well...not say i pour cold water..this burger likely will test <$6 level for short term...hee...my SHORTISTs brigade will make sure of that?...heee anyone make kopi $$ from AREIT-India ? i did...hee not via SHORTING though.... :( hee...pity those fellas bought at >1.70++ level...hee...

 

I see, I learnt. Cheers.

 

High oil price does not necessary mean larger earnings for SPC. The only positive effect is the small increase in earnings from their oil fields.

On the negative side, high oil price has actually eroded RM and also played a key role in driving down the market. In the past US has a booming market to help to cushion the surging oil price. Now they have double the problem.

 

Is oil going up a negative news to SPC? I think SIA will be the one hit hargest if it's the case.

 

More negative news.....US is probably going to tumble again.

If oil goes up further after the oil inventory report tonight, it is likely to worsen the fall.

 

hooray, the page is back to normal... so I hope will this stock recover soon....

 

kilroy, what do you mean by risk % of each stock in deciding your portfolio weightage? how do you ascertain that?

for me, i allocate via risk/reward count. ie, for each potential dollar lost, what is the reasonable potential upside i can gain. i go for a counter only if the ratio is 2.5x or more. diversification, definitely, but overdiversification also dilutes profit!

and erm, perhaps shd shift this to fellowship or some other thread...don't wanna annoy the spc-ers...

 

Yes Sir Kilroy, little boy learn liao. I am optimistic that when all dust settle, SPC shd be back on track again.

 

Diversification is the way to deal with the potential failure like what you have described. I am dividing my risk that thats the only objective for having a few stocks. I am also doing market weighting as well which is also set of subject altogther.  I dont think I can have all my eggs in one basket.  Even with FX, when I go long with EUR/USD, I will determine the optimal risk reward ( ratio 3:1 ) with either hedging with a short EUR/USD or long on GBP/USD (even though the correlation may not be 100%).