| Latest Forum Topics / Pacific Radiance |
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Pacific Radiance Turning Bullish.See Chart.
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victortan
Elite |
13-Nov-2014 14:08
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read this from fool..                                            http://www.fool.sg/2014/10/23/are-oil-gas-related-companies-dead-with-tumbling-oil-prices/ if the cost for US is US58$ to 70$, then if Saudi really want them to close shop. then oil got to be 65$, then US producer all dies.If it really go to 65$ then shallow water also will get hit hard. |
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WinningStock
Senior |
13-Nov-2014 12:30
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My analysis on the oil sector. I do not think Saudi will cut oil production. They have the financial power to play and allow the oil price to drop further. They want to capture more of the market share and try to force Iran out from this game.Presently Saudi and Iran are vying aggressively for dominance in the Middle East. Iran' s budget is built on a U$ 135 per barrel. Saudi break-even is U$ 95 per barrel. Drill or Die! They will continue to pump up production because they do not want to risk losing market share. Now the question is who can withstand it the most.So... I believe oil price will continue it downtrend for now. Who knows...by year end...U$ 65 per barrel. Watch out for the OPEC meeting on the 23 Nov 2014.  It' s like a staring contest of who can last the longest selling oil below their budget point. Whoever can hold out longest is going to win," " They' re eating at each other."
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victortan
Elite |
13-Nov-2014 12:16
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You are very wise !!! my hat to you.
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victortan
Elite |
13-Nov-2014 12:14
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when mkt telling us oil 80$ is the low, we shd give a margin of safety of some 20%, as always in investing, we want a margin of safety too, so in this case 60$ if one want to take reference of oil for all vestment. Good luck. |
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victortan
Elite |
13-Nov-2014 12:01
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I am not here to hurt ppl, but 40 yr in the mkt, my experience tell me is to be safe, sell first, before the losses is even deeper..if oil go to 65..this one will be 80c est..i dont knw but much lower than it is now,
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victortan
Elite |
13-Nov-2014 11:51
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I am not adding salt to wound, but if u have this one , pare dwn by half.  |
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victortan
Elite |
13-Nov-2014 11:50
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why shd Saudi reduce to benefit competitor? just ask, and opec most country already face economical problem will unlikely to reduce output too, becos of revenue.   I think the coy is facing hard time ahead, their report is good because out of the 44m , some 35m come from selling their 8 vessels. ( read at SGX annc) if business good, does it need to sell vessel. I dont knw the condition of vessel, but shd be good, if not who the heck want to buy from them, Avoid all oil n gas counter for now. Beware. Take care |
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victortan
Elite |
13-Nov-2014 11:47
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f a commodity or stock hv corrected some 50% it is about bottom, but it could correct another 50% unlikely, but at time some 20% to 30%, so oil at this px is abt bottom, high of 140 plus nw 77..but it could push dwn to the extreme as mkt always do, due to extreme pessimisium to 60$ the worse, and i think we shd always take the worse case to prepare for stock,  20% to 30% dwn after 50% is a very likely , i shd said some 70% , because mkt already vy pessimistic. And i still think Saudia will not reduce and cause oil to go dwn further, avoid all oil n gas counter for nw. go for transport stock. |
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lifeisgood
Supreme |
13-Nov-2014 10:34
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Same pattern for Pang Yoke Ming, learning from JAYA.    |
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sheerluck
Supreme |
13-Nov-2014 10:33
Yells: "Work for your money first then let your money work for you" |
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Must have learned from Swiber.   Same pattern.   Use other ops income to pop up NP......
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WinningStock
Senior |
13-Nov-2014 10:13
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Yes, should look at the true picture before jumping in to buy. Today,pre-opening price was a sell down.I look at the F-#   and share the same concern.
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nqing87
Supreme |
13-Nov-2014 08:33
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profit increases this quarter compared to  same quarter in Q3  ' cos of the selling of vessels as part of their fleet rejuvenation programme/injection of vessels in joint ventures..  the actual profits actually drop.. see if market realise this, or if market just concern about profits |
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gslgsl
Senior |
13-Nov-2014 08:19
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  Pacific Radiance on track for strong earnings in FY14 reports 9M FY14 PATMI of US$63.3m |
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edwinjup
Supreme |
13-Nov-2014 08:00
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Result.out....up 35% quite good.......most important got $140m cash on hand.....div in 4q no issues........now ceo can resume hos.purchase after black out period......
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edwinjup
Supreme |
12-Nov-2014 17:41
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Result day yet to.confirm.....most important must good....hee...ah win tikam 10 lots for a cup of coffee...
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moron101
Supreme |
12-Nov-2014 15:38
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Result out tomorrow morning. | ||||
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moron101
Supreme |
11-Nov-2014 13:57
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So it is 13 Nov Thursday. 2 more days to hoot..
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Ptmptm
Member |
10-Nov-2014 20:51
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See if can get .95
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pnuklis
Master |
10-Nov-2014 19:40
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looks like reaching IPO price. Going down endless pit. All the Morons are having ball of of a time shorting it. |
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moron101
Supreme |
10-Nov-2014 15:40
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Short more to profit more.. Huat ah..
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