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jackjames
    22-Oct-2008 09:24  
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9:00:11 2.62 12,000 Sell Down
9:00:10 2.64 3,000 Buy Up
9:00:07 2.64 2,000 Sell Down
9:00:05 2.65 5,000 Sell Down
9:00:03 2.67 1,000 X
9:00:02 2.7 2,000 Buy Up
8:59:03 2.74 150,000 Buy Up

wow... you shorted 7 lots total and 2 transaction done in just 0.02 seconds ... can I know what computer you are using ? power man...



idesa168      ( Date: 22-Oct-2008 09:21) Posted:

I shorted 2.64/2.65 when it started trading! See got kopi $$ today?

 
 
idesa168
    22-Oct-2008 09:21  
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I shorted 2.64/2.65 when it started trading! See got kopi $$ today?
 
 
jackjames
    22-Oct-2008 09:05  
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really poor thing... 2.43.. more to come?
 

 
yongk666
    22-Oct-2008 07:42  
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Sorry, mistake,, only 0.62million, not even 1 million Net Profits,, Keppel owns 42% of SPC...

SPC CEO even uncertain on outlook, He said future is uncertain due to Oil Voliatiity..he didnt offer any optimises abt the future,, 2.1million of barrels inventories at average price above 100, how he is going to deal with the inventories?.. More writeoffs in the subseqent Quarters...???
 
 
idesa168
    22-Oct-2008 07:40  
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SPC should be forgiven for 99% drop of earning. Just short it!
 
 
richtan
    22-Oct-2008 00:29  
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oops, typo error.

Should be : Shortist just be cardful, dun get "SHOT"
 

 
richtan
    22-Oct-2008 00:25  
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Shortist just be careful, dun get short.

It could have been priced in, look at the chart, it had dropped from jun $7 plus to current price $3 and market may have discounted the news & are forward looking. Business Times article dated 29/9 (Value investing in the local mkt), Merril Lynch analyst anticipates that "there will be a sharp rebound in Singapore refining marginsfrom mid-Sept, when demand from China is expected to return to pre-Olympicslevel and seasonal demand kicks in".
 
 
lookcc
    21-Oct-2008 22:43  
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nett profit [jan to sep  '07] 389M vs [jan to sep '08] 279M, down by 28%.....eps, of course also down by 28% [jan to sep 07] 75cts vs 54 cts [jan to sep 08], nav as at end sep 08 is 343cts n [based on 2day's px of 301cts] p/e is 5.5.......divvy had never been declared in 1st.  n  3rd.  qtrs,  divvy only declared in 2nd. n 4th qtrs............good 4 shorting 2morrow???
 
 
Livermore
    21-Oct-2008 22:25  
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Think I highlighted a few times not to buy some time ago.
 
 
jackjames
    21-Oct-2008 21:14  
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3Q nett profit only SGD 507K , slide 99.5%..

welcome to <$1 , penny stock..



yongk666      ( Date: 21-Oct-2008 18:16) Posted:



SPC 3Q Net profits slide 99% to 6.2Millions,, No DIvidends anymore.

 

 

 

 

 
leechongpeng
    21-Oct-2008 20:02  
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Bad Result. What would be the buying target price?
 
 
yongk666
    21-Oct-2008 18:16  
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SPC 3Q Net profits slide 99% to 6.2Millions,, No DIvidends anymore.

 

 

 
 
 
lookcc
    15-Oct-2008 21:31  
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yup, must compare orange with orange.......not orange with apple.
 
 
AK_Francis
    15-Oct-2008 12:41  
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both SPC n Cosco are in diff entity. former is oil refining and marketing of crude products and the later main bulk of its business is marine engr. During the credit clunch, marine sectors got hit the most whereas the essential products provider,SPC, is less susceptible to the crisis. Moreover, it has its own oil fields and now crude is cheaper. Its barrel's. earning would be quite substantial in the last qtr.

des_khor      ( Date: 15-Oct-2008 11:22) Posted:

possible ! just look at COsco ??

leechongpeng      ( Date: 15-Oct-2008 09:38) Posted:

What would be a good price to buy in? I think $2 is too low


 
 
des_khor
    15-Oct-2008 11:22  
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possible ! just look at COsco ??

leechongpeng      ( Date: 15-Oct-2008 09:38) Posted:

What would be a good price to buy in? I think $2 is too low.

bola_no1      ( Date: 12-Oct-2008 00:35) Posted:

2 dollar? Thats unbelievable...


 

 
AK_Francis
    15-Oct-2008 11:20  
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ha ha see below whether can work or not:

SPC closed at 3.24 n STI at 1948.33 last Fri.

Today, analyst said/guess?  that CO will go down to 70 USD by end this yr.

Lets give an optimistic 10 % drop in STI by end this yr owing to poor economy. Hence,

STI will stay around 1753(weeks ago Citi rated 1700) and SPC correspondingly adjusted to 2.92.

Fr AK n Francis Coy. Solely for info only. Cheers.

PS. ha ha tech short this burger this am, though fingers a bit slow.



leechongpeng      ( Date: 15-Oct-2008 09:38) Posted:

What would be a good price to buy in? I think $2 is too low.

bola_no1      ( Date: 12-Oct-2008 00:35) Posted:

2 dollar? Thats unbelievable...


 
 
leechongpeng
    15-Oct-2008 09:38  
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What would be a good price to buy in? I think $2 is too low.

bola_no1      ( Date: 12-Oct-2008 00:35) Posted:

2 dollar? Thats unbelievable...

iPunter      ( Date: 11-Oct-2008 22:12) Posted:

Perhaps  SPC at $2.00 is not too far-fetched... 


 
 
AK_Francis
    15-Oct-2008 09:29  
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SPC ha, one of the top gainer dis morning. CO down it went up. Yesterday, it shoot up 47 cts while market opened. But by close, it merely earned 3 cts????

Still vested, waiting chances for tech short.
 
 
iPunter
    15-Oct-2008 09:02  
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Right... to short, one must do it when it rallies high...

But the problem is, when it rallies high, few will want to sell... Smiley


 

 
 
AK_Francis
    14-Oct-2008 00:39  
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d SGX variant is small. short also no meat loh.
 
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