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ALL CHINA OiL GAiNTS WiLL bE in JURONG ISLAND 2010 ???
CNOOC SINOPEC PETROCHINA WiLL acquire ChemOil 2010 ??
CNOOC WiLL bE in JURONG ISLAND 2010 ?
SINOPEC WiLL bE in JURONG ISLAND 2010
GLENCORE acquired ChemOil in 2009
PETROCHINA acquired SPC in 2009
Missed the picking season, just picked up some at 0.435, hope will be ripe soon!
Tuesday: 20 APRIL 2010
Cherries Picking Day
CHERRIES QUICK PiCK *USD0.455*
STAR DAYS 0002 Monday: 19 APRIL 2010 SUPERSTAR * BORN 
OUTSOURCED SERVICES
SUPERSTAR USD0.680
| Chemoil US$ |
Symbol:
AV5 |
Currency:
US Dollar |
| Last: |
0.435 |
 + 0.015 |
Vol (K): 14248.0 |
| Trading |
| Updated Time |
19-Apr 17:05 |
| Open |
0.405 |
High |
0.455 |
Low |
0.405 |
| Prev Close |
0.42 |
Buy |
- |
Sell |
- |
| Volume(K) |
14248.0 |
Buy Vol(K) |
- |
Sell Vol(K) |
- |
| 52 Wk High |
0.565 |
52 Wk Low |
0.25 |
52 Wk Avg Vol |
1874.193 |
| All Time High |
0.965 |
All Time Low |
0.1 |
|
|
| Comments |
No Info |
*Reporting Currency in USD
Important: ShareJunction obtains our finance data from a third party. Check financial year before use. EPS values are recorded up to two decimal points.
| Financials |
| Date Updated |
31-Mar-2010 |
Financial Year |
31-Dec-2008 |
Current Year Profit
(After Tax) $'000,000 |
47.069 |
Previous Year Profit
(After Tax) $'000,000 |
30.331 |
| Net Asset Per Share |
0.21 |
Turnover $'000,000 |
21.26 |
Current Year EPS
(After Interest and Tax) |
0.04 |
Previous Year EPS
(After Interest and Tax) |
0.02 |
| PE Ratio (After Tax) |
8.9 |
Times Covered |
7284.0 |
| Price (at update time) |
0.355 |
Dividend Yield |
0.01 |
*Technical Analysis Information is updated Daily
| Technicals |
| RSI |
75.51 |
Williams %R |
-7.14 |
| Comments (RSI) |
Overbought |
Comments (W%R) |
Overbought |
Intraday Chart
*cOngratulatiOns *
sharehOlders whO hEld On tO shares
investOrs whO PiCKED cherries USD0.360 ~ USD0.370
UnUsUal pOsitiOn
tOp vOlume Chart
Bucking the trend- the best is yet to be !
pharoah88 ( Date: 19-Apr-2010 12:35) Posted:
|
SUPERSTAR
USD0.680
|
|
|
|
SUPERSTAR
USD0.680
|
SUPERSTARpharoah88 ( Date: 19-Apr-2010 11:33) Posted:
TRANSFORMATION
GLENCORE WiLL TRANSFORM CHEMOIL |
|
S$0.455 dOne
Took profit! Mkt sentiment not so rosy. Will be back
TRANSFORMATION
GLENCORE WiLL TRANSFORM CHEMOIL
STAR DAY 0001
Monday: 19 APRIL 2010 A STAR is BORN OUTSOURCED SERVICES
ah oil turn green liao..
GOLDMAN FRAUD has nOthing tO with nOn-banking sectOrs.
GOOD TiME fOr
CHERRIES QUICK PiCK
pharoah88 ( Date: 16-Apr-2010 17:53) Posted:
OUTSOURCED SERVICES
BIRTHDAY
Mon: 19 APRIL 2010
BUY USD0.425
SELL USD0.680 |
|
Monday: 19 APRIL 2010
A STAR is BORN
OUTSOURCED SERVICES
This takeover is definitely going to benefit both companies. With a positive outlook on oil prices, we can still see chemoils price to go up.
Chemoil, Glencore inks marine fuels, terminal deal
Saturday, 6 February 2010 at 09:01, Reuters, Singapore
Chemoil
Energy Ltd and European trader Glencore has signed a deal to supply and
take up marine fuel on a priority basis, the companies said on Friday.
Glencore will supply fuel oil to Chemoil, while the Singapore-listed
marine fuel supplier will provide bunker fuels to Glencore's shipping
arm, ST Shipping. The pact covers Chemoil's facilities in Singapore,
Fujairah, Rotterdam, the US East Coast, the US Gulf Coast and Panama,
but excludes Russia, India or the Philippines. Under the deal, Glencore
will also provide risk management services to Chemoil, which in turn
will offer terminal services to Glencore. Glencore has agreed to buy a
51 per cent stake in Chemoil in December and offered to buy all
remaining shares, a move which gives it storage assets and trading
leverage.
Glencore's offer of 35.5 cents is a deliberate attempt to create the fear factor so that people will let go for a small profit at 43 cents . So, I will keep till it touches above 60 cents
pharoah88 ( Date: 18-Apr-2010 14:24) Posted:
Chemoil Falls Most in Year 2009 on Glencore Buyout Offer (Update1)
By Christian Schmollinger
Dec. 16 (Bloomberg) -- Chemoil Energy Ltd. fell the most in more than a year in Singapore trading after Glencore International AG agreed to purchase 50.8 percent of the fuels supplier and offered to buy the rest of the shares at a discount.
The stock resumed trading after a one-day halt and fell as much as 15 percent to 37 cents, the biggest drop since October 2008, and was at 38.5 cents at 10:09 a.m. local time. Chemoil has more than doubled this year compared with a 59 percent gain in the benchmark Straits Times Index.
Glencore’s indirect wholly owned unit, Singfuel Investment Pte., agreed to buy about 656.7 million Chemoil shares from the company’s founding family and offered to buy the rest at 35.52 cents each, according to an offer document from DBS Bank Ltd. The price is a discount of 18 percent to the stock’s Dec. 14 close of 43.5 cents and values the company at $459 million.
“You would expect that the market price would come down to the offer price,” said Stuart Traver, a principal downstream advisor at consultants Gaffney, Cline & Associates Ltd. in Singapore. “Anyone holding shares at 43 cents are probably thinking they should take the money and run.”
Chemoil had been a takeover target following the death of its founder Robert Chandran in an helicopter crash in January 2008. Chandran’s family has been seeking to sell its stake since his death last year. Itochu Corp owns 37.5 percent of the company.
The purchase increases Glencore’s foothold in Singapore’s marine fuel market, the world’s biggest, where sales have risen even amid the global recession. Sales gained 3.1 percent to 33.2 million metric tons in the first 11 months of this year 2009, according to the Maritime Port Authority of Singapore. Prices in Singapore have climbed 83 percent in the past year to $452 a ton.
* 2010 SALES will be HIGHER
In 2008 Chemoil opened its Helios storage terminal on the city’s Jurong island, comprising of 18 tanks capable of holding 448,000 cubic meters.
“We are seeing growing demand for storage so if a company can get existing storage at an attractive price, that’s a good thing,” said Gaffney Cline’s Traver.
The completion of Glencore’s deal for the 50.8 percent stake held by the family will set in motion a cash offer for the remaining Chemoil shares it doesn’t own. The transaction for the Chandran’s portion of the stock must be completed within two business days of Feb. 28, according to the purchase document.
Glencore is the world’s biggest commodity-trading company dealing in oil, metals and grains as well as holding stakes in mines and smelters.
To contact the reporter on this story: Christian Schmollinger in Singapore christian.s@bloomberg.net
Last Updated: December 15, 2009 21:15 EST
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