Even drop below 4, ppl like me who bought @ 4.13 need not panic. After all, PChem dropped to 4.62 in 2014 & then eventually all those who bought above 6.50 also made $ eventually.
On annual basis still makes money. If dividend payout remains around 20 cent, then current price or lower....can be a good deal, not to mention capital appreciation ? Only concern is that seem like many countries are starting to ban the single use plastic, I wonder how much this will impact the industry? ......
Increased in revenue, last few months of low oil price trend it will create A very very good qtr result...of cause it will go up. Somemore the future oil price will remain at low at least not exceeding usd 60 ... what do u expect???
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....
dompeilee
11,888 posts
Posted by dompeilee > 2019-01-31 09:32 | Report Abuse
The main sellers now are those who bought from Oct-Jan in anticipation of a huge quarter & have been let DOWN BIG TIME.