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Hi Geojam,
I am sure you got a mysterious mass mail. That is from me. By the way, 3 of my friends wish to learn about margin lending. Hope they can learn from you in August. Ok, see you chinkiasu in August too:)
dear Geojam, many thanks for the tip... i am afraid I cannot keep it to myself since the post is for all to see... btw you could next time email me at buaykiasu@yahoo.com.sg
for the time being I look forward to have that dinner with you around august...
we missed you too Sporegal... where are you now?
chinkiasu
I know i am wrong thread.
Take a closer look at Tat Hong.Seems hot stock here in aussie.
keep this to urself.
chinkiasu
Re Tap oil.
The company website is www.tapoil.com.au.
some forecast figures-----30/12/07 eps=7.9 cents pe of 19
current mkt px=A$1.51.
no divvy policy.
mkt capi.of A$234 million
When my friend reco. me in 1999 it was A$50 cents.
No big deal growth.
Someone forcast 2008 eps will fall to 6.5 cents,2009 eps to 3.1 cents.
But they have strong balance sheet,that is true.Strong current assest ratio.
My opinion?Money better spent on some other aussie shares with better capital gains.
Cheers
SPC Q1 result announcement on 24 Apr. Xd on 27 Apr.
Timing pretty good. If result exceed market expectation, it will mitigate the expected the fall in price after xd. However, the converse may happen if result is below expectation.
Looking at how Keppel Corp has been buying SPC of late, I think result should be positive.
My dear Geojam, just noted that Tap Oil's HQ is in Perth... my friend from Sydney tell him he is significantly vested in tap oil because it is a company with tremendous potential... What say ye.. my friend..? Also got this info dated late Feb: Singapore Petroleum Taps in with 4.7%
TAKEOVER fearful Tap Oil has revealed that close monitoring of its share register has identified Singapore Petroleum Company had accumulated a 4.7 per cent stake. Shares in the Perth-based company rose 13?, or 8.6 per cent, to $1.64 on the news.
haha... look at the volumes. Its been dropping for about 7 days now. It may be a sign of flagging interest.
Ooi Ooi! I still have 1/2 more to unload. :p
Very likely it will continue to range until nearer to XD. I am picking 4.78 as the support and 4.90 as the resistance for now. Those who want to range trade (which I think I will just do it to buy the other half), whip out your oscillator.
Weakness in SPC... volumes are falling. Oil prices also fell after the Iran-UK crisis seems to have abated.
Historically, when oil price falls, SPC will fall too.
But if you heard the US energy report last night, crude build up 4m bbl, gasoline draw down 5m bbl => more gasoline needed. With driving season coming, refinery capacity will be stretched. But whether this will ripple through to the rest of the world....who knows????
When Katrina knocked off some refineries un US, SPC enjoyed good refining margins...but oil prices were also high.
For me, I am always ready to pick up this stock when it dips.
below post to take note.... what does this mean for SPC... no fantastic hike or shoot up for the moment... but still nevertheless a great stock to keep in this nervy market.. I am very suspicious of the recent run up in STI... says the 
at the owl watch...
at the owl watch...
Oil prices fall under $64 on Iran relief
Crude prices tumble as Iran announces amnesty for 15 British sailors; investors expect U.S. stockpiles to drop.
April 4 2007: 9:44 AM EDT
LONDON (Reuters) -- Oil prices fell under $64 a barrel Wednesday as Iran announced that it would grant amnesty to the 15 British sailors it is holding, easing tensions around the world's fourth biggest oil exporter.
Prices drew some support from U.S. data due later Wednesday that is expected to show a slight drop in gasoline stocks in the world's top consumer ahead of peak summer demand.
U.S. crude fell 65 cents to $63.95 a barrel, following a $1.30 drop Tuesday. London Brent was down 9 cents at $67.72.
Iran's president announced early Wednesday that he would free the 15 British troops held by Iran.
Meanwhile, refinery concerns were expected to give support to gasoline prices.
"Continued refinery hiccups along with a tight inventory situation is likely to keep gasoline prices well underpinned ahead of the peak summer demand season," said Barclays Capital.
Hi shplayer, may I know whether you are vested in this counter please. If so, what price did you enter please ? Thank you :)
When is the EX-DIV for SPC, M1, OCBC & STARHUB?
this counter is playing dead... waiting for guys like me to get tired watching it...
U.S. Stocks Rally on Oil, Pending Home Sales; Dollar Advances
Lookcc
Not time to take profit yet, my target still at 5.50 otherwise take dividend lor,
With keppel corp buying at 4.81 , let wait and see
latest extract from Bloomberg two hrs ago
Crude oil futures fell 2.6 percent to $64.26 a barrel in New York, the steepest decline since March 9. Oil has pulled back after reaching a six-month high last week.
Prime Minister Tony Blair said the U.K. will try to negotiate with Iran over the release of 15 captive British naval personnel, easing concern that oil shipments will be disrupted.
Liverpoolfc, since u bot @4.40...maybe u shud sell on opening 9.00 am. tomorrow.....u still make $$$....to sell or not to sell 2morrow is of course ur choice, it is ur $$$$.