China Petroleum & Chemical Corp. (SNP)

All Comments on SNP

  • commenter
    East Coast
    Apr 09 03:39 PM
    Gauging Sinopec's Refining Losses [view article]
    great article Reply
  • commenter
    User 174000
    Apr 06 08:46 PM
    China Stocks: Still No Sign of a Bottom [view article]
    Been/about to get burned, CliffA42? Reply
  • commenter
    SeekingAlpha
    Editors
    Apr 06 05:17 AM
    My Website
    General Discussion on SNP
    Is this a buy or a sell? Reply
  • commenter
    Kunst
    Apr 03 11:56 PM
    China Stocks: Still No Sign of a Bottom [view article]
    Keep in mind that a bottom doesn't necessarily imply immediate strong increases. A bottom can be long and flat, and bumpy. Reply
  • commenter
    User 172690
    Apr 03 09:30 PM
    China Stocks: Still No Sign of a Bottom [view article]
    How can anyone trust the information they receive? I mean the same folks who walked away with gazillions in the market and pushed for deregulation as Robert Rubin and the repeal of the Glass-stegel act are now calling for oversight. They are as bad as the so called public servants enriching themselves and currently running for President. I say put your money in your mattress! The enormous deficits, the funding of Social Security and Medicare, the no new taxes mantra and the failed war in Iraq are yet to configure in the perfect storm and fully weighed in the financial arithmetic. Unless you are Bernie Lewis and still have a few billion left after losing that much in Bear Stearns don't walk into the foxes den clucking.Stay away. Remember the lessons of Great Gatsby! Reply
  • commenter
    huangthomas
    Apr 03 09:33 AM
    China Stocks: Still No Sign of a Bottom [view article]
    Do you know what "DaFei(大非) or XiaoFei(小非) is and how that is going to affect A-share market price? Do more home work! Reply
  • commenter
    Khumbu
    Apr 03 04:02 AM
    China Stocks: Still No Sign of a Bottom [view article]
    I just got back from China about a month ago, and there was a huge housing problem there, just as there is here now. Taxi drivers were complaining about the price of gas, didn't stop people from spending, spending, spending. This is probably the bottom. The market over there is too hot right now. Reply
  • commenter
    windinmyface
    2
    Apr 03 01:09 AM
    China Stocks: Still No Sign of a Bottom [view article]
    The Chinese stock may be bottomed out, but when the Chinese people get the slightest scare, as when stock starts to drop, instead of waiting for a rebound, they panic, and sell off fast, and it will take a while for them to regain some trust. JADG is an interesting stock. It has some good reading material. Reply
  • commenter
    tsunamirrs
    Apr 02 03:22 PM
    China Stocks: Still No Sign of a Bottom [view article]
    I think that enough is enough,really. This is the bottom. Only problem is that there is no enough volume to support. Stop speculating, start investing.

    Reply
  • commenter
    CliffA42
    Apr 02 02:05 PM
    China Stocks: Still No Sign of a Bottom [view article]
    So. . .? This is a rare dumb column for this site. Look at the technicals! A lot of these have definitely found a plateau, and some have started to turn. How far they will go is another question, but. . .please! Reply
  • commenter
    tingwodehua
    Mar 21 10:43 PM
    Talk of China 'Overheating' Continues to Be Wrong [view article]
    the argument about QFII as stated in the article is simply wrong, because either the author or prof. pfeil confused the QFII and QDII. it is true that the QFII quota was raised from $10bn to $30bn, but this means that international investors can now pump an additional $20bn INTO the domestic chinese market. so more forex flows INTO china, and not the opposite as claimed. Reply
  • commenter
    BrucePile
    Mar 20 07:20 PM
    4 Factors Fueling Oil Prices Higher [view article]
    One reason for climbing oil prices that doen't get talked about is EROEI. That's Energy Returned On Energy Invested and it's one of the least understood and most important issues with oil. We tend to look at the massive reserve numbers and the massive flow rates of total liquids production and think we have more energy supply than what we actually have. A sharply increasing amount of our high EROEI conventional crude is being used to manufacture the unconventional oils that go into the total liquids number (tar sands, shale oil, deepwater, ethanol, and biofuels). But these oils are very low EROEI taking about as much "real" oil to make as they supposedly add to our supply.

    When oil was extracted decades ago, it took about 1 barrel of oil energy to hand us each 80 barrels of net energy from shallow, naturally pressurized reservoirs. Now it's about 10 to 20, depending on location. This figure is dropping faster and faster as the "hanging fruit" has already been exploited. There is a simple math fact about EROEI that dictates a rapidly collapsing net energy supply to the economy as you go below an EROEI of around 3 to 4. If you go from an energy source with an EROEI of 20 to a source with an EROEI of 1.3 (the most agreed upon figure for corn ethanol), YOU MUST MAKE 60 TIMES THE AMOUNT OF THE LOWER EROEI SOURCE TO GAIN THE SAME NET ENERGY AS GIVEN BY THE HIGH EROEI SOURCE. That means to displace one barrel of oil, you must make 60 barrels of ethanol. Most all of the manufactured fuels have EROEI of less than 3 making them nearly useless in displacing foreign oil, but very usefull in causing catastrophic food inflation.

    EROEI makes our true energy supply not the total liquids curve commonly accepted but something much closer to conventional crude plus condensate, which is falling behind the total liquids curve at a quickening pace (it peaked in 2005 and hasn't made a new high since, although it nearly did this past month).

    What's left of the big reserve amounts of oil has big EROEI issues and a large amount of it is going to take more energy to extract than the oil will supply. The rapidly declining EROEI curve is going to make the energy world going forward much different than what we've been spoiled by in the past. For some charts on this and a good overview, see the current EROEI story by Robert Rapier at theoildrum.com     Reply
  • commenter
    Thinking
    ahead
    Mar 20 04:40 PM
    4 Factors Fueling Oil Prices Higher [view article]
    You are right about China, in particular, wanting to lock up supply at any cost. No US Multinational oil company can compete with the Chinese government. I have no solution for the US. I do have an obvious recommendation for profiting from this reality: RIG, NOV, DO and any other world-class deepwater oil service participant. The NOC's don't care who drills for the oil, they just want to own the result. Deepwater drillers are the investment of a lifetime. And DO even pays a dividend > 5%. Reply
  • commenter
    oilsands
    Mar 20 01:37 PM
    4 Factors Fueling Oil Prices Higher [view article]
    Amazing. So many ignorant comments on top of an article which surveys but fails to mention important factors.

    1. Canada is our number one source of petroleum. The crash of the dollar is strictly a result of turning Uncle Sam into a beggar; George Bush and cronies think the solution to every problem is to print more money and talk big. When Bush took offic the Canadian dollar was at 65 cents, US; now it is over a dollar US. You do the math.

    2. We have unlimited free energy if we choose to tap it. Geothermal, wind, tidal, hydro, solar are all around us. The gulfstream has mind boggling amounts of dependable energy.
    An article in Scientific American stated that a mere 1 % of the Nevada desert could provide all of the electric needs of the entire USA.

    3. Unfortunately our energy policy is dictated by the foreign oil companies who make lavish campaign contributions to both parties.

    4. Contrary to the propaganda we are fed, we can harness this free energy NOW; it does not require decades of research. Sure, there are advances that can be made in utilizing coal, but that is not necessary for our energy independence.

    5. Canada's oil sands have more petroleum reserves than all of Saudia Arabia. Yet our government was apparently asleep while China arranged to build a pipeline from the oil sands refinery to Vancouver where it can load it aboard tankers for delivery to the PRC. How's that for protecting our interests?

    6. Congressional subsidies to oil companies amount to 81 billion per year. Factor that into the price per gallon and we are really paying $7.00 plus per gallon. That isn't coounting the amount we have spent year after year deploying troops strategically to watch over our interests.

    Our family has been making money on oil for generations. But we don't need or want to see our country go belly up from sheer stupidity.

    Wake up people. Start by not accepting the propaganda from Washington and through the lavish ads of major oil companies. Demand a policy which benefits American citizens for a change.     Reply
  • commenter
    AMP
    Mar 20 11:12 AM
    4 Factors Fueling Oil Prices Higher [view article]
    I think these financial giants are manipulatingthe market Reply
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