shell malaysia suffers losses la for many years. they wanted to dispose long time dy. The best timing when the oil price dropped. They have valid a reason to do it. No one wants to buy at shell market share price la cos industry ppl knew what was happening in shell. If shell doesnt dropped to such low price, who else but the chinese with their cash..would be willing to buy it. Sell to who then? Europeans? So far away and they are cash strapped. You only have China as your option. Logistically wise is relatively near and Shell alr have infrastructure ready. Shell was much more desperate to sell than China want to buy la
While crack spreads certainly appear to on a positive trend since 4Q16, we are unsure as to how they will perform in the future. Investors should not discount the possibility of large downswings.
As such, we think that it would be unwise to use the price-to-earnings ratio to value the company, as earnings could be erratic.
Its good you did some calculations, yeah, you are probably right! But don't worry, the Chinese will make up the numbers. Its called "self-fulfilling" price target.
The 3 points mentioned in article is not risk. It is actually good excuses for management to explain to shareholders when it is time to report poor result.
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....
John Lu
5,187 posts
Posted by John Lu > 2017-07-31 13:43 |
Post removed.Why?