NovaMSC is in software business ... Oil price not dat severe impact on Nova ... Clients will still need to buy or upgrade software ... Especially to cut costs & enhance business efficiency to counter-balance & mitigate adverse effects of depressed oil prices ...
And then also, becos of oil price issues more people get sick ... From work stress lah, business gone down lah, personal income reduced lah, total domestic income insufficient lah, blah blah blah, etc. etc & end up going to hospital for treatment ... Including both gov & private hospitals ...
Therefore Nova hospital equipment software products get more in demand by core customers ...
And then also, becos of oil price issues more people get sick ... From work stress lah, business gone down lah, personal income reduced lah, total domestic income insufficient lah, blah blah blah, etc. etc. etc. & end up going to hospital for treatment ... Including both gov & private hospitals ...
Therefore Nova hospital equipment software products get more in demand by core customers ...
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Lucky88
358 posts
Posted by Lucky88 > 2016-01-12 01:20 | Report Abuse
U.S. oil prices dropped below $32 a barrel Monday for the first time since 2003