Lol. Recently oil break 40 and Highest is 42. Then drop Abit to 38 usd (Chance to collect). Surely will test 44-45 by this week or next week. When drop, buy in and collect. Next month meeting sure will boost the price again.
Saudi Arabian Oil Co. is pressing ahead with an expansion of the Khurais oil field despite lower crude prices and plans to double its production of natural gas over the next 10 years, the company’s chief executive officer said.
Crude oil prices retreat . ......sell and buy back at lower price . I think the price for deleum cannot go very low and below 1.13 to 1.15 a lot of buying support .
Hard to go down below 1.18 as this counter of late attracts strong buying support and more so crude oil price improving slightly hovering 40 and above . Buy on weakness if happened the price retreat a bit !
Definitely the results is not going to be good . If the results is good , the stock price should have improved earlier with crude oil prices rebounding from its lowest ebbs .
It is the market sentiment not about the result. Other oil and gas counter share price drop, but Deleum maintain, it is very good sign already. Be positive.
quarter result not bad at all as this is the worst case when crude oil at the bottom of 27, feb2016 next quarter deleum will perform well as oil already trending upward
This counter business does not very much depends on oil and gas. Have a look at their core business. Plus they very consistent in dividend pay as long as they have profit.
Pay out dividend cannot covered the losses but better than none . Price remained and stagnant for too long with resources got stuck up . Buying shares is so easy but selling needs years sometimes .
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....
Kungsing Ting
154 posts
Posted by Kungsing Ting > 2016-03-23 18:05 | Report Abuse
Dont think will dropped again. Good time to add more