SPC   

SPC

uncle geojam....

sorry to disappoint u, i am not from any elite school. just a regular neighbourhood sch kid



warrants are like salt and pepper. put a bit to add flavour, the dish becomes nicer. but put too much, it becomes too salty or peppery leow.

 

chinkiasu...

The only "potential winner" I see is Mr Simon Loh's tips service.

If only he can 'institutionalise' his service ie. get it converted to a profit-making venture of some form,  he'll  almost certainly build a huge following, as  this kind of service is  in obviously in the greatest demand.

 

Victorian was a "little" pessimistic a while ago, hope he is doing well with his other stocks like Food Junctions and Karin which I think had moved a little already now.



I have to admit that he is very knowledgeable about Oily stock like SPC and at some point he do strike a point or two. But I am keeping my shares close to my chest, don't be shaken by some pessimistics.

 

haha...all talking about warrants here. Guys, you are treating the Stock Mkt as a casino already. Warrant no fun...Chng Kay eat all lah!



But I do sincerely hope that Giantlow will come out unhurt....if this stock runs up above $4.70, we all HUAT AH!!!.....hehehe.

 

yes, Ipunter, I do find SJ engaging...and I have improved alot in my trading skills since I logged on..  and I also note you are always encouraging to forumers....  in fact I think we have winner here, perhaps SJ can be a yahoo / u tube one day..  

 

hi, all. i also bought xxx lots of spc warrants due at 10 mar lol.
my cost is 2.5c. base on sgwarrants, i believe they do take average 5 days approach on the strike price upon expiry?

Do i have to inform my broker to settle the warrants upon expiry?

 

chinkiasu...

you are such a good follower of posts... :)

 

i think so too...  btw, I wonder now what Victorian (hi !!! you are back from oversea hols!!) would stay to this stock.. in an earlier post (7 feb) on this thread he was very pessimistic...

 

Shplayer

I agree with u.I was far far from being a first class honours student but i make it up by having association with clever ppl like Elf,bunnie etc..to give me support.



Cheers 

 

Hi Giantlow,

I hope you can finally make on your warrants! It is coming.....

 

geojam,

Ha ha about afternoon school.

My school only had Class A, B, C, D.....if you are in C & D.......good luck to you. But looking back, many of them made it good in life..cos, in those toughie classes, they had a first class and first hand lesson in 'Street Smartness' to survive. 

 

Uncle Geojam's on the right track by saying CFD's the way to go rather than warrants... :)

 

Giantlow

I guess rite,eh?Have to be "independent".

During my time,no such thing.Only u are in morning or afternoon session.

Afternoon session,bad news.

cheers giant,nice knowing u.

 

  SPC is on uptrend now having cleared resistance at $4.54 which is roughly 23.6% mark from its recent low of $4.04. Going forward, the next resistance is at $4.80 which coincides with 38.2% resistance level.

 

uncle geojam...

hahaha.... What makes u think that i am from ACS??? "independent" or "baker" ???



shplayer...

your understanding of warrants trading is spot on. most pple dun want until the expiry to collect the money from the warrant issuer. they will sell before the expiry date. becos, if u will lose the time value of money and the premium the chance that the warrant can go higher.



warrants trading is meant to leverage your portfolio and not as a gambling tool. if u like SPC shares & can afford to buy about 12lots. u can buy 10 lots of SPC and use the remaining money to buy warrants. but some greedy, like myself, overuse the leverage and put all my $$$ on the warrants. Overexposed lah..

if u trade warrants properly, i.e. dun be so greedy like me, warrants can be very useful and not so risky.



elf....

warren buffet style is very old school. i dun think this portfolio contains Microsoft, Google, biotech co etc. lots of missed opportunites. i dun think my good fren, victorian, can convince mr buffet to buy SMB. wahahaha 

 

Hi everyone, i believe SPC has made a reversal and should be trending upwards till xd. After that, price should slip but i see it will climb back in a matter of time. I believe oil price has stabilisied and oil price will be hovering around US$61 to $65 a barrel. If more, then SPC will follow north in price too. Just vested at $4.56. Cheersz!!

 

oh yea. may i note here that warren buffet does not believe in warrants.

 

Thanks shplayer

Now i understand warrant better.

But it not my cup of tea.

CFD is i think a better way to go.just my opinion.

It is sometime good to be knowledgable.

cheers

 

elf,

Yes, always good to learn...but, unless you can monitor it closely, I would not advice getting involved.

As you can see from the example in my earlier post, the warr price can easily more than double with a mere 10+% increase in the mother share price. But, conversely, it can also drop just as fast. Also, there is a time factor and the strick price is so vulnerable to manipulations by the warrant issuers.

 

gah! shplayer, i don't think i get warrants at all! sigh. will need to learn them soon...



anyhow, this goes out to nickyng. do keep having fun, i think you're having more fun than all of us combined here, so keep it up!

go go nicky!

go go nicky!

*wave pompoms and can-can*

keke.