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nickyng
    23-Feb-2007 11:25  
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of course short lah !! shorted 3x$4.54 !!! hee...wish me luck !

:D
 
 
tanglinboy
    23-Feb-2007 11:24  
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If you read last issue's National Geographic, they actually highlighted the plight of Nigeria's people.

Apparently, the oil found in Nigeria corrupted the authorities there and the the citizens are actually much worse off than before the oil was found. Most of the money are not getting back to the civilians.

Jobs are also not created for them out of the oil industry. Instead, the oil fields are destroying their farm lands and livelihood. So the only way the people can make a living is through crime.

Very pitiful....
 
 
billlec
    23-Feb-2007 11:22  
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move up liao!

1:20:57 4.560 1000 Buy Up
11:20:45 4.540 2000 Buy Up
11:20:29 4.540 15000 Buy Up
11:20:29 4.540 7000 Buy Up
11:20:26 4.540 5000 Buy Up
11:20:21 4.540 24000 Sell Down
11:19:32 4.540 44000 Buy Up
11:19:31 4.540 2000 Buy Up
11:19:30 4.540 2000 Buy Up
11:19:13 4.540 2000 Buy Up
11:18:53 4.540 109000 Buy Up
11:18:46 4.540 1000 Buy Up
11:18:16 4.540 2000 Buy Up
11:17:46 4.540 10000 Buy Up
11:17:45 4.540 1000 Buy Up
11:17:34 4.540 5000 Buy Up
11:17:29 4.540 10000 Buy Up
11:17:29 4.540 10000 Sell Down
11:17:26 4.540 10000 Sell Down
11:17:23 4.540 2000 Sell Down
11:17:18 4.540 74000 Buy Up
11:17:13 4.540 20000 Buy Up
11:17:07 4.540 50000 Buy Up
11:16:19 4.540 3000 Buy Up
11:15:30 4.540 20000 Buy Up
11:15:21 4.540 20000 Buy Up
11:14:16 4.540 1000 Buy Up
11:13:05 4.520 12000 Sell Down
11:13:05 4.520 7000 Sell Down
11:13:00 4.520 2000 Buy Up
11:13:00 4.500 2000 Sell Down
11:12:55 4.520 300000 Buy Up
11:08:31 4.500 2000 Sell Down
11:07:47 4.500 3000 Sell Down
11:07:40 4.500 5000 Sell Down
11:04:22 4.500 2000 Sell Down
11:02:27 4.500 81000 Buy Up
11:02:25 4.500 10000 Buy Up
11:02:11 4.500 31000 Sell Down
11:00:45 4.500 2000 Sell Down
10:57:07 4.500 2000 Sell Down
10:52:36 4.500 2000 Sell Down
10:51:57 4.500 1000 Buy Up
10:51:56 4.500 1000 Buy Up
10:51:48 4.500 10000 Buy Up
10:51:32 4.500 2000 Buy Up
10:50:48 4.500 4000 Buy Up
10:50:15 4.500 1000 Buy Up
10:49:34 4.500 1000 Buy Up
10:48:30 4.500 5000 Buy Up
 

 
billlec
    23-Feb-2007 11:19  
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hi giantlow,if SPC move to 4.6 by 5 March,do u know how much were it cost for 100 lots of warrants by then?thanks
 
 
giantlow
    23-Feb-2007 11:18  
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crappy logic man.

like that not born so dun need to to die.

Very happy indeed eh.



1 person get gold medal in a competition. very happy

hey hey, lets give everyone a gold medal each. they all sure very happy one. CRAP CRAP CRAP!!!!
 
 
iPunter
    23-Feb-2007 11:15  
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oops wrong thread??? :(
 

 
iPunter
    23-Feb-2007 11:14  
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hahaha...

To many people, make a bit, complain "got out too soon"...

Make more, complain "not enough"...

Make a lot, also regret "should have bought more"...

But many also happy like fish, didn't play so didn't lose "Didn't lose means win already"...  :)
 
 
giantlow
    23-Feb-2007 11:12  
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who knows US next target would be Nigeria?



hmmmm
 
 
giantlow
    23-Feb-2007 11:11  
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i advocate public flogging for such criminals and leaving them to die from their wounds, so as to send a strong signal to any potential kidnappers.



sigh....
 
 
giantlow
    23-Feb-2007 11:08  
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Nigeria's oil workers under siege
By Alex Last
BBC News, Port Harcourt



Kidnapping for ransom has become a booming business in Nigeria's oil producing region, the Niger Delta, and as the country prepares for April's general elections, the trend sees no sign of waning.

Policeman on protection duty walks to open the car door of an unidentified dignitary who he is assigned to protect in Port Harcourt
Few foreigners in Port Harcourt venture out without an armed escort
In the past year, violence and kidnapping in the Delta has spiralled.

More than 100 foreign workers have been abducted, some by militant groups fighting for local control of the oil wealth.

But increasingly hostages have been taken by gangs of gunmen seeking ransoms.

As a result some companies have pulled out, those that remain live under increasingly tight security.

'Getting jumpy'

"There were always troubles with various groups. But over the last year, the trouble's moved into town," said one oil worker living in a guarded compound in Port Harcourt.

Six, seven people can get together, get a rifle and take some white people hostage
Casi
Former gang member
"Before it was rather remote, happening in the swamps or way out of town in the bush, but then it came into town and that's when the curfew was introduced," explained the man, who wished to remain anonymous.

"Those of us who are here, tend to belong to a group of expats, who've been around the world, seen a lot of things. So it does take a lot to faze them.

"But even so they are getting fazed, they are getting weary. Even I when I go out of the compound with my driver, we look both ways to see if there is anyone who might want to take me, see if there's a car who might try and block us to take me away. So we are not exactly neurotic, but we getting a bit jumpy, a bit nervous."

Lockdown

So on the streets of Port Harcourt, few foreigners venture out without an armed escort.

Armed militiamen patrol Delta creeks
There is political will, but there are some in the political elite who are criminalising, colluding and conniving
Brigadier general Samuel Saliyu
Port Harcourt



Thousands of workers have left, many companies who remain are operating a lockdown on the compounds where workers live.

No-one is allowed out.

Those who work for the oil majors, like Shell and Chevron, can be housed in huge, relatively well-guarded, compounds. Even so, militants managed to plant a car bomb inside a Shell compound late last year.

Those most at risk work for contractors working in the industry both in the city and in the more remote countryside.

But now, even non oil sector foreigners have been kidnapped.

From pauper to rich man

Last year, initially most of those kidnapped were held by militants, who say they are fighting for local control of the oil wealth, and have been demanding the release of two prominent local leaders - including imprisoned militant Mujahid Dokubo Asari.

Filipina with photo of her abducted sister
More than 100 foreigners working in the Delta have been kidnapped


But increasingly, criminal gangs have become responsible for the bulk of the hostage takings.

Kidnapping has become a huge lucrative business.

"A lot of people know who is involved. You will know someone today who is a pauper, but once the man succeeded in a hostage taking, he is a rich man," explains Casi, a former gang member.

"So this is motivating others to take hostages.

"Six, seven people can get together, get a rifle and take some white people hostage. Maybe after five days the government will come and negotiate and release them. There are groups who are doing this thing just because of the ransom."

Gangs 'protected'

The Nigerian military faces a difficult task. Violence fuelled by poverty and neglect has been on the rise for years.

But with elections approaching, many say politicians are protecting the gangs, because they want to use them to rig elections.

Map of Niger Delta


More generally, the army is ill-equipped to patrol the creeks and forests of the Delta, an area about the size of Scotland - where the gangs take their hostages.

Brigadier general Samuel Saliyu is the top commander in Port Harcourt and says ultimately the solution to the violence is political not military.

"There is political will, but there are some in the political elite who are criminalizing, colluding and conniving.

"It's making our job difficult."

Chronic under-development

In the waterfront area of Port Harcourt, people are poor, living in densely packed houses and shacks. In the distance where the shacks end, a high walled oil company compound stands, with all the amenities one would find in the West.

Some Italian oil workers were kidnapped near here, last year. Residents say they do not approve of kidnapping, but say it's driven by poverty.

"It all boils down to under-development of the Niger Delta," said one local butcher.

"If you look at it they are unemployed, but they can see that this region produces the oil which makes the country rich, while they don't have anything. So if you address this thing, I think the kidnapping problem will be OK."

It's pretty much undeniable that the more general malaise in the Delta is down to poverty and unemployment, largely the consequence of decades of government corruption and neglect.

But other parts of Nigeria are poor, too.

It's just that in the Delta - where there's places to hide, plenty of ex-pats, political collusion, and an easily applicable cause - kidnapping for ransom has become a safe, booming business.
 

 
giantlow
    23-Feb-2007 11:00  
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shplayer,

i bought the SPC warrents at 5cents, now it is worth 1 cent.



why can't i COMPLAIN!!!!!



nope. havn't sell yet.



anyway, i just wanna know is there any news which i am not aware of that is pushing up this counter? or nickyng decided to short this counter big time leh???
 
 
shplayer
    23-Feb-2007 10:57  
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giantlow,

Aiyah!!! you very difficult to please...down, you complain; hold steady, you complain; now up, you complain. Why? You sold your warrants already?

 
 
giantlow
    23-Feb-2007 10:52  
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wassup with this counter man. why the sudden interest?
 
 
shplayer
    23-Feb-2007 10:40  
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giantlow,

The sun is shining brighter for you today? SPC making a move now.
 
 
giantlow
    23-Feb-2007 09:22  
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nickyng....



how??? now 4.48 leow? short or not?
 

 
nickyng
    23-Feb-2007 08:04  
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today cheong or short? hee.....
 
 
brizy88
    23-Feb-2007 07:21  
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hi shplayer,  pls take a look at China Sun posting.  I need your fundamental view on the counter.  tks.
 
 
chinkiasu
    23-Feb-2007 03:30  
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aiyoh, you got to be joking geojam... if I remembered correctly the white chicken throat is slit and blood allow to trickle to a bowl from which is then offered for whoever is to drink it..... yaaaks...!!!

I think it is a sure way to catch bird flu...
 
 
KiLrOy
    22-Feb-2007 23:45  
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[15:34 US TECHS: Commodities Outlook; Gold and Oil] Boston, February 22.    
Wednesday"s surge in [gold] following the less sharp but nonetheless sizable break set the day before has left a large range outside week on the charts and keeps matters bullish.  As noted then, the market held recent channels on a closing basis with the break, and now prices are above the approximately $680 zone that marks continuous contract peaks from mid-July of last year.  A firm push past will provide additional breathing room.  Based on current setups, projected weekly resistance for next week is at $693-96 Apr, with support starting at $671.  Trend Intensity regained its lost bullish signal after only one day, a rare occurrence.
[Oil] has traversed a narrow range throughout February and is sticking particularly close to home today.  As noted, bullish weekly trends are fighting against monthly bear trends, still very much in force.  The development of a H&S bottom cannot be eliminated as a possibility, with more sideways trading needed in terms of symmetry.  And, as March commences, the barriers to shifting the market"s monthly trend from bearish to neutral will fall considerably, from $62.37 this month to about $60.60 then.  Weak daily momentum has kept us
favoring a downside correction, but Trend Intensity increasingly points to the market developing a go-with strategy.  As before, daily envelope supports are at $56-58 Apr. 
Joel.Marver@thomson.com 
 
 
giantlow
    22-Feb-2007 23:13  
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huh? what scooping up from the drain?
 
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