Oil price going back on down trend, even after the opec decreases production even after Trump pressuring on Venezuela n iran..... we can almost sure oil price will not exceedingly usd80 in recent yrs already!
"Oil price going back on down trend, even after the opec decreases production even after Trump pressuring on Venezuela n iran..... we can almost sure oil price will not exceedingly usd80 in recent yrs already!"
I agree. According to China's state-backed Science and Technology Daily, Chinese scientists plan to build and launch small power stations into the stratosphere between 2021 and 2025, upgrading to a megawatt-level station in 2030 and a gigawatt-level facility high above the earth before 2050.
Probably oil price will remain low in the future. Like Zaki Yamani said "the stone age ended not for the want of stones n the oil age will end long before the world runs out of oil".
BiBM We believe the risk-to-reward ratio is not compelling at current level. Downgrade toTRADING SELL (from BUY) with a new TP of RM2.90 (from RM7.25) which values the stock at 12x 2019F PE.
Highlights from the AGM: Profit margin is recovering & about the same like 4Q18. The co is facing margin compression since US vs China trade war, as US is selling their products here instead of China.
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....
signalmw
3,314 posts
Posted by signalmw > 2019-04-14 17:53 | Report Abuse
Internet show ipo 6.5