SPC   

SPC

it really pains me to talk about warrant play... so I will let others answer your question...briefly 0.18 (current warrant price) x 4 (number of shares)  plus strike price of 5.95 = 6.67

 

Euphoria died down so quickly. Only lasted a first half of the morning. Anyway, it gave us some hopes here, that SPC WILL NOT DIVE AFTER TOUCHING $6.05. I hope we can draw a striaght line on the chart pointing towards $8.00, no pull back...hehehe! ...... CKS, care to highlight how warrant are being played? I have no clue about warrant. Not gonna dabble into it, but love to see the way ppl make $$ from warrant. Is warrant also called Option? How does $0.18 translate into $6.67?

 

ha ha....  no lah yalofaat... re ferrari..I not so lao hiao leh. .. anyway on singapore roads you end up paying speed fines... btw wao idesa168 you very sharp re yesterday's BT news... straight away looking at ppls ferrari.. ha ha

back to spc...you were talking about buying warrants..  (I got badly burnt: pls read my earlier posts here re play on SPC warrant so I swear off)  but SPC DB ECW071210 now doing 0.18 which means the bet on mother stock is 6.67 already.... so we are all going to be ok leh...

 

Cheeers to all vested.  Hit 6.25 this morning......hehehe

 

CKS... I saw Rowsley in for >15%. Congratulation! A lucky day for you huh! Can drive Ferrari already!

 

congratulations too to you,  idesa168...  looks like SPC can close today at 6.15 even 6.2 ..  I am also a happy man.. Rowsley also shot up today...seems energy stocks are going places...

 

Good day to all SPC fan. We are on virgin teritory. Anything can happen. Once E&P kicks in, the sky is the limit. We should see lots of sellers coming in. Once these are flushed off, sit tight and ready for the ride! ....$8.00! ....Cheers!

 

SPC hit a high of 6.25 today, UP 25 cts.

 

Its going to be a very good day for SPC.

Up $0.15 now.

But its not good to move up too fast, because it also mean that it will come down as fast after contra profit taking.

 

ya loh, you are right ricky & yatlofaat... except that if you compare with the likes of say Baker Tech, the increase is 50% in one day (0.265 - 0.435), yesterday... of cos it doesnt happen every day... but like I say it is tikam.. & observing TA...  I missed it.. but I am betting on Rowsley..

 

A slow and steady climb is also good.  I am happy if everyday advance by 5 cents.  I am still holding on...

 

CKS...SPC is not slow already, merely 6 mths appreciates 50%. Warrants can be faster, but also die faster. I personally don't wish to touch that. I do believe if you are good at it, will be able to make big bucks from it.

 

i really wish I could be in that league...., idesa168 sir...

I have not as yet have developed the patience....  this SPC stock is quite slow moving but it is very safe and sure - this one is for coffin money... I still hope for even quicker returns at least 10% per month... from spare /speculative part...

 

CKS... were u the one that bought 1,795 lots from the open market...lol!

 

CKS sir...if you agree with me, why bother to dabble into other stock.s Let do the focus investment strategy and double our investment together. hahaha...just joking, each has his own strategy. While we are writting, big funds are coming in. Married deal 100, 168 lots.

 

i agree absolutely with you....idesa sir... I am already vested quite heavily here.. slightly more than a third of my investments.. others I am punting for quick returns.. e.g  fibrechem which is skyrocketing, and just dabbled in Rowsley today which just shot up.. some got stuck not willing to cut loss becos dont know when that stock going to rebound.. e.g GKE.

bottomline I agree you investment strategy is very sound...  this SPC stock is a no brainer .. the divvy along is sufficient motivation...

 

Over the weekend, I read a book by this local writer, Adam Khoo. He illustrated how we can find the intrinsic value of a stock we are tracking. Basing on his model, I applied SPC into it and calculated that SPC is easily worth $9.00 if not $10. We are now currently trading below the intrinsic value. So no harm all in one basket. hehehe...!

 

I don't know why ppl not buying. I had sold my entire SPH for the purchase of SPC on Friday. Some ppl call it "putting all eggs in one basket". The rationale ppl saying this is that it is risky to do so. But if you think from another angle, if hold 5 stocks and inorder to double your investment, you have to see all 5 stocks double in value. Which is easier: 5 selected stocks to double in value or 1 stock to double in value? If we spotted it right, why not buy in the big way? I don't think we are wrong with SPC. Cash flow is very strong with almost zero in debts. JUST DO IT LAH!

 

the fact is idesa168, I am wondering why ppl not buying... most of them engrossed in the penny stocks..?  I think SPC should consider a share split to make it easier for ppl to trade...  I guess SPC management very happy to keep the price low so that they can show good pe ratios?

 

If buy now, still got 50% upside...hehehe! Why do I say that? We are expected 80¢ or more EPS year end. Based on 9X PE, we should see $7.20, plus mkt optimisim, can push SPC to $8.00. This have not include the divvy, suuming 40¢...hahaha! HUAT AH!