SPC   

SPC

Today ended with a Doji candlestick.  A sign of probable trend reversal. Daily chart is still bullish.

 

singaporegal, are you just merely keen on its div?

I m sure you know it's definitely on a down channel....

 

SPC holding well against market crash today.

 

I shall be holding my warrants until April (paper profit) No worries.....:). Once it clear 20c, I shall average up more......

 

bleed bleed bleed

wat happen to the warrent prices man

 

i am dealing with SPC warrents.

I am more concerned about events and sentiment that affect share price.

 

i am dealing with SPC warrents.

I am more concerned about events and sentiment that affect share price.

 

ok...tested at $4.42...what's next? hee...

 

giantlow and all readers,

SPC's price is closely correlated to oil prices. If you observe, oil prices fluctuates seasonnaly....Nov to Feb - winter heating, Jun to Aug - US driving season and southern hemisphere winter. Sep/Oct - hurricane season  etc....

Due to these factors, there will be alot of fluctuations in SPC's price....which will be good for TA practioners.

But, if you are vested for FA reasons, you may want to look at the fundementals...and disregard all the 'noises' of the 'seasonality' factors.

Some fundemental parameters to consider are:

• what is the outlook for supply/demand of crude oil?
• what is the outlook for supply/demand of refining capacity?
• what is the growth potential of major industrial/industrialising countries?
• Are the FA parameters such as P/E, yield, NAV vis a vis SPC price a good investment.

When you have analysed and ascertained the above and you decide to invest...then you can sleep peacefully despite all the roller coaster rides that SPC price goes through every year.

 

I note SPC is trading at $4.40.... 

 

tensions. tensions..  i sense tensions.

i think we can all agree that the weather is getting more and more unpredictable man!!!

very soon, singapore might be experiencing another heat wave after the floods

 

That statement is true.

 

Jackjames, sori abt the remark made re: Bush. I'm a democrat leaning person and like Clinton 1(not sure abt his wife though if she becomes another Pres. Clinton).

My whole point is it is unlikely to recover those lost winter months. You lived there before and you would understand that. Spring will still come around 6 weeks after groundhog day. UNLESS, "day after tomorrow" like what nickyng said.

 

"Day After Tomorrow" ..ohh no....

 

oh yeah, EastonBay, let's don't talk about the weather, it changes without giving any signs.. I was in Michigan for 5 years, from 1999-2003. During the winter season, it can be sunshine, and snowstrom in the second days.. It is really hard to say whether this year winter is better than previous years as the winter season is not over yet.. But then, yes, compared to previous year, it is mild at this point of time, but you never know what happen tomorrow. so, you got your points too! well, I like president Bush, so... nothing can say more than that la.

 

Bush rocks.. respect him man... come on!

 

the whole world's oil demand doesn't come from USA alone. Granted, they are the major oil consumer in the world. There is Europe, esp Northern Europe, Scandinavian, East Europe with deep tradition of winter starting in Nov like Poland, Czech etc etc, it didn't arrive until last week.

BTW, Okahoma is only ONE of the 50 states in USA (if you don't already know that).  e.g. Washington DC, which is usually cold at this time of the year, Cherry Blosom has already happened. There are also States like Illinois, Wisconsin near the Great lake area. There are also states in the New England area like Vermont, New Hampshire, Maine etc etc. These are the ski resort area and they hardly see snow this year!!!!!

Oklahoma is a southern state which typically do not get much winter. That's why a sudden snowfall and everyone panic. So, how much oil do you think a southern state need?

Also, what good is there to listen to one of the most stupid president in US history.

 

guys guys...dun fight over small thing..unused buildup will be absorbed by the impending NEW reserve that Bush plan to accumulate lah..so..

wait n see the drama unfold :P

 

u got it wrong EastonBay,

Bush declared a state of emergency in Okahoma becos of the freezing winter man!!

are u referring to austrialia???

 

NO FREEZING WINTER. Of course the inventory still increasing. I have said before that winter came really very late this year. So what used to be a 4-5 months winter has been cut short to a winter that has just started like this week. (it should have started in early November). So imagine the stockpile that were not used from November. It's 2.5 months of un-used (ok over exaggeration here, little used to be exact)

So unless winter stretched till June, what is not used is not used.