| Latest Forum Topics / Union Gas Last:0.45 -- |
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Union Gas price volatility
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JurongW
Elite |
11-Apr-2026 14:27
Yells: "Earnings give weight, Chart give wings" |
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Watch how it reacts at the trendline support and 20EMA. Not a good sign if price fall below this 2 levels.
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ozone2002
Supreme |
11-Apr-2026 13:59
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Union gas to benefit https://www.straitstimes.com/business/companies-markets/cooking-gas-prices-to-increase-as-fuel-costs-bite-but-some-hawker-centres-spared |
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JurongW
Elite |
30-Mar-2026 15:26
Yells: "Earnings give weight, Chart give wings" |
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Good support at the 20EMA when price drop from its high at 52.5 Good volume, now its trading above 5 EMA, 20EMA.    Continue to go up???    |
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taxiuncle
Veteran |
30-Mar-2026 10:50
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Very power today....... | ||||
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teeth1953
Senior |
26-Mar-2026 16:13
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Cnergy** still the cheapest...$2.46 $2.80....:)...
https://www.asiaone.com/money/petrol-diesel-pump-prices-25-march-middle-east-war-shell-drop-petrol-prices
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teeth1953
Senior |
26-Mar-2026 16:10
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Company / Fuel 92-octane 95-octane 98-octane Premium Diesel Caltex $3.43 $3.47 Not available $4.16 $3.73 Esso $3.43 $3.47 $3.97 Not available $3.93 Shell Not available $3.42* $3.94* $4.16* $3.93 Sinopec Not available $3.47 $3.97 $4.10 $3.72 SPC $3.43 $3.46 $3.97 Not available $3.66* Cnergy** Not available $2.46 $2.80 Not available $2.80 Smart Energy Not available $2.61 $2.99 Not | ||||
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JurongW
Elite |
25-Mar-2026 16:37
Yells: "Earnings give weight, Chart give wings" |
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Union Gas is running out of gas, very bearish candlestick, dropping towards 1st support at $0.40?
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muifan
Supreme |
25-Mar-2026 09:57
Yells: "Take the leap of faith dont regret 20 years later!" |
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game over already.... The USS Gerald R. Ford, the world&rsquo s largest aircraft carrier that has been part of the Iran war, has returned to a naval base in Crete.
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taxiuncle
Veteran |
25-Mar-2026 09:32
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What going on here????Free fall. | ||||
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teeth1953
Senior |
21-Mar-2026 22:01
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(I mean not is...) company like to play with it stock...!
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teeth1953
Senior |
21-Mar-2026 21:09
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Look like this company like to play with is stock, this is not to good to stake holders and investors. (A stake in business who are vested interest, ownership share (equity), or financial involvement and so on...?.
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teeth1953
Senior |
21-Mar-2026 20:59
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This few days the company is not collecting any $$$.
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Joelton
Supreme |
21-Mar-2026 14:53
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&lsquo Marketing expenditure&rsquo : Union Gas CEO on how Cnergy is drawing petrol queues even as prices climb
CEO Teo Hark Piang says the company is intentionally absorbing rising wholesale oil prices to build market share
 
[SINGAPORE] As the global oil shock pushes pump prices at major petrol retailers well past the S$3 a litre mark, Cnergy&rsquo s stations continue to undercut the competition in what its management says is a calculated move to gain market share. 
 
By keeping its prices significantly lower than the market average &ndash up to S$1 lower than the competition when excluding discounts &ndash the upstart Singapore brand has triggered localised traffic jams, gained social media fame and generated a surge of about 40 per cent in the share price of its parent company,   Union Gas Holdings   : 1F2 +1.01%.
 
But Union Gas is not relying on hedging strategies, where companies lock in oil prices months in advance to protect against market shocks, to keep pump prices down.
 
Instead, it is absorbing the rising wholesale costs directly, engaging in an aggressive customer acquisition play that relies on volume to offset tight margins.
 
&ldquo We make a very, very marginal profit... there are days that we really go without profits,&rdquo Union Gas chief executive Teo Hark Piang told The Business Times in an interview on Friday (Mar 20). 
 
Acknowledging that the company treats the difference in cost as a &ldquo marketing expenditure&rdquo , Teo added that Cnergy is aiming to keep overheads low, so long as it does not suffer losses.
 
Operational bottlenecks
Even so, this hyper-aggressive pricing has introduced operational bottlenecks. At Cnergy&rsquo s Dunman Road outlet, the sheer volume of bargain-hunting drivers has caused localised congestion and blocked bus lanes, forcing the company to incur unexpected operational costs. 
 
&ldquo I know the queue is terrible... we have deployed some of our guys to the site to control the traffic,&rdquo Teo said, acknowledging some responsibility.
 
Furthermore, the viral success of the petrol pumps is temporarily slowing down Cnergy&rsquo s electric vehicle (EV) ambitions. EV chargers, which are mandated at the stations, are underutilised as &ldquo EV (drivers) don&rsquo t want to be in the queue to come and charge&rdquo , said Teo.
 
Teo also revealed that he would advise tenants to delay opening planned snack bars at the Dunman Road and Queensway stations to prevent the queues from building further.
 
Still, Cnergy&rsquo s &ldquo loss-leader&rdquo strategy appears to be paying off on the trading floor. Professor Lawrence Loh of the NUS Business School calls the resulting queues an &ldquo effective publicity stunt&rdquo that has massively boosted Union Gas&rsquo s brand equity. 
 
&ldquo Being a new player against a competitive field of energy retail giants, its offer of knockdown prices is the surest way to gain consumer attention,&rdquo Prof Loh noted, adding that investors are clearly looking past the short-term margin compression. &ldquo It&rsquo s... no pain, no gain.&rdquo
 
However, he cautioned that &ldquo the super-low prices cannot last forever&rdquo . 
 
The Union Gas chief executive acknowledged that Cnergy will have to adjust prices upwards if the next cargo shipment is more expensive, but said the petrol station operator will try to maintain a gap with the majors. 
 
Ultimately, Teo said, Union Gas is banking on customer goodwill to outlast the current oil shock.
 
&ldquo A partner in need is a partner indeed,&rdquo quoted Teo. &ldquo During difficult times, we stand by you. So maybe during peacetime... just come back and support us.&rdquo
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JurongW
Elite |
21-Mar-2026 14:34
Yells: "Earnings give weight, Chart give wings" |
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  Shooting Star
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muifan ( Date: 20-Mar-2026 14:51) Posted:
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Elite
Yells: "Earnings give weight, Chart give wings"
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How Cnergy petrol is drawing long queues even as petrol prices climb - The Business Times
Member
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1 selling vol but profit in questions
2. if u follow what company intents with MOU n thats a concern because to expand into Japan with EV chrgers may be a sucide like our ride n park bicycle - Japanese market is very complicated n the partner making the hard wares to sell - the more the better
Supreme
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  -0.01Lose $ to gain market share is not a viable biz
speculators have road run
Supreme
Yells: "Take the leap of faith dont regret 20 years later!"
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taxiuncle ( Date: 20-Mar-2026 14:59) Posted:
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Veteran
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Supreme
Yells: "Take the leap of faith dont regret 20 years later!"
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Iceycoke ( Date: 20-Mar-2026 11:55) Posted:
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