SPC   

SPC

price earnings thingy again. i think it is important to note that PE can go up if its earnings falls faster than its price.

 

yongjiu....if i recall rightly, i've only given two roses in this forum....this elf doesn't give roses for nothing...

must at least be like billywows, giving me flowers, and even a mousie!!!

heehee...

oh, nice take on the Warren Buffet thing. I like his other philo tho, that 'you don't trade what you don't understand.'

and yes. SPC is fundamentally cheap at this level. PE is 7x.

 

Giantlow...
If I am not wrong, Bollinger bands narrow only when future prices are used for the computation... I mean if you remove tomorrow's prices/volumes, will the indicators be the same? I may be wrong about this...

 

thanks elf.

YongJiu, i give u leaf badge. (} 

i read somewhere that although Warren Buffet is highly praised for avoiding the tech bubble crash a few years back, nobody actually went to calculate the potential gains that he failed to make

 

SPC is a fundamentally cheap stock at this level........

 

Oil to rebound tonite due to sudden freeze over in US recently .... And storms in Europe too last week! 

 

Hey giantlow, indeed I'm envy....
heheh I think elf has giving ya rose more then once right? =)

 

hehe giantlow, i think after this, you'll be a real expert on SPC. now there's something good gained. :)

hang in there! you'll do just fine. :) here's a rose for you!

@)----)-----

 

Yup, i see the same thing too. the bollinger bands are still quite wide but the prices are moving towards the upper levels.



for those who are not risk takers, it advisable to wait until after the results this wednesday.

 

This one looks like it's establishing the uptrend.

If this is so, an entry @4.16 (upon a pullback) would be ideal.

 

Warrants up today. Cool:)

 

thanks billlec,

waiting eagerly for wed results

 

wow...today SPC vol is impressive siah !! 1700 lots !! interest is certainly back !!

 

hello giantlow, some positive news for u

0442  GMT  [Dow  Jones]  STI  +2.0%  at record high of 3135.35 on heavy volume,  may  be  capped at 3150; rally due to Minister Mentor Lee KuanYew's  comment  20%  corporate rate likely to be cut by at least 1 ppt; move  expected to keep Singapore competitive and to offset proposed GST hike.  OCBC  says,  "this  is a positive move especially in view of the current  tight  labor  market  and  the  increase  in  wages  and other operating  expenses  and  will  help  to  defray  corporates' operating costs."  Index's  rise  (breaching 3100 for the first time) also due to strong  earnings  forecasts  for  blue chips; SPC (S99.SG), Keppel Land (K17.SG), STATS (S24.SG) due to report this week.(JEM)

 

Result Anticipation =)

 

 

anyway, u made enough $$ from SPC leow. its time to return some. hahaha

 

ayo...tempted to short at 4.24 today leh..how? hee...let's c the PM crude oil trade in Europe then :P

 

might also be due to the anticipation of good results on 24 Jan.

 

Advice a wait and see approach. SPC is doing well today but the volumes so far are not very impressive.

As I mentioned before a couple of days back, it may be bottoming out. But I'm not sure if today's rally is due to the 1% cut thing or due to actual bullishness of the stock.