SPC   

SPC

Hi guys, I am a little worry now though I am not holding any SPC at the moment. 3 years back, when SPC went to $6.00 from $2.50+ and subsequently came down to $4. That was the time I went in...I remember clearly @4.14 and @4.04 I took some position (my first time with SPC). After that it did not look back and went all the way to $8-$9. Now I am worry that it may come back to where it started it's journey...$4.00+....Hope I am damn wrong.

 

Anyone knows who is hammering SPC? I asked my broker & he said its due to drop in oil price.

I told him in that case then I'll drop him soon for not telling me the truth....hahaha...

Still trending downwards, but can get ready (ONLY) to buy in.

 

 

 

wait for mao shan wang price!

 

Lew lian suddenly going for $5.

 

Hmm...its been about 2 weeks of this weird sell off.

Lets see how she behaves later in the day.

 

are u goin for the short term or long term?..

if long term i wouldn't worry too much if i were u

 

wah, A BIG REGRET not selling yesterday....now made a huge loss after cutting off SPC....sigh! Peserve caital to fight another day!

 

brother, hope so loh, if not eat grass again liao. cheers.

 

uncle, c/o px on uptrend to 135/barrel, range 110 to 135, will keep u posted if it crosses 135.

AK_Francis      ( Date: 12-Aug-2008 10:37) Posted: wah, quite a big drop ds morning, 20div evapourated liao. dropped beyong the div attributed to slight decline in CO px yesterday. low vol as well. it hit 5.19 low in Jan this yr. if there is no war and no sabotage of pipelines, AK guess this burger will gradually follow the down trend line liao.

 

This is one of my favourite counter since 2007 but do remember it was a golden year then...  I am vested and have loaded up at 5.76 and in my opinion, if it is below 6.00, it is very unlikely to lose money on this counter. As usual, disclaimer applies... Pls do your own research...



 

 

Not in my list any more

 

ya Nestor, it was a better buy today. i bought my lots yesterday. Will keep it to long. It is always the psychological part that we need to bear when we enter a position, be it by sound fundamental or TA position.

Nestor      ( Date: 12-Aug-2008 22:07) Posted:       Queck, if you bought yesterday (CD) you were entitled to 20 cents dividend. Keep till August 2009 and you'll get another 60 cents (probably more). If you bought today (EXD), you have missed the 20 cents. This is irrespective of share price. Seen the drop in price today, it is even a better buy. SPC is now an 8.00 dollar stock, and will be better in twelve month time. Read my previous posts. Read too what other people write in the thread, some are very helpful (some are useless or misleading). It will save yoy a lot of time in research, but you can and should some research yourself and share with us. You can browse CNA Market Talk, SPC thread: interesting reading. Better be careful with your money.

 

      Queck, if you bought yesterday (CD) you were entitled to 20 cents dividend. Keep till August 2009 and you'll get another 60 cents (probably more). If you bought today (EXD), you have missed the 20 cents. This is irrespective of share price. Seen the drop in price today, it is even a better buy. SPC is now an 8.00 dollar stock, and will be better in twelve month time. Read my previous posts. Read too what other people write in the thread, some are very helpful (some are useless or misleading). It will save yoy a lot of time in research, but you can and should some research yourself and share with us. You can browse CNA Market Talk, SPC thread: interesting reading. Better be careful with your money. 

 

Nestor, how do you calculate dividend = 80cents? can enlighten? I only see payout for april and aug.

Nestor      ( Date: 11-Aug-2008 09:22) Posted:      You can enter at any price today. Get the best price you can. But keep the stock for at least a year. Dividend 80+ cents (20+40+20). Should hit 8 - 9 dollars by next spring. Growth company, increasing assets, 1 billion retained earnings, government linked, modern complex refinery (Chevron 50%), 15 - 20,000 boepd production next year. And good management. lancecsc      ( Date: 10-Aug-2008 23:11) Posted: Anyone knows of a good price to enter tmr?

 

      I understand your trading method and I don't suggest that you change it. I hope you don't have to stop loss. I don't like to see small traders and investors losing money. Sometime big banks HAVE TO SELL to get some cash. Big time speculators may jump on the fray, further depressing the share price. Good time to get in. But when the selling will stop we cannot know. I have read in some forums that Syndicates (japanese style) are at work. Anyone here know what is this? Which banks might be selling or have sold their SPC holdings? Let us share information.

      Yesterday the international press, quoting Barron's, reported that energy stocks will rebound 25%. This is my idea too, when this will happen is anybody's guess. One thing only is sure: SPC share price is unrealistically low.

 

 

idesa168      ( Date: 12-Aug-2008 17:15) Posted: My target is just kopi...cannot get, I will be out when hit my stop loss @5.78, for this case I held on for another day and see how tomorrow. I am ready to cut anytime. Nestor      ( Date: 12-Aug-2008 15:47) Posted:       Idesa, wait a couple of weeks before selling if you can afford to hold. You may (I repeat may) get a whole year supply of kopi.

 

My target is just kopi...cannot get, I will be out when hit my stop loss @5.78, for this case I held on for another day and see how tomorrow. I am ready to cut anytime.

Nestor      ( Date: 12-Aug-2008 15:47) Posted:       Idesa, wait a couple of weeks before selling if you can afford to hold. You may (I repeat may) get a whole year supply of kopi. idesa168      ( Date: 12-Aug-2008 15:37) Posted: Sad...I am denied of kopi$$ today...

 

It was member of penny family too !!

 

Hitting $5.75 soon!

 

Still remember in year 2000-2002 SPC just trading at what price ??

 

Looks like it is going to free-fall....