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5 comment(s). Last comment by followthetrend 2021-10-15 19:35
Posted by gohkimhock > 2021-10-12 09:05 | Report Abuse
if want play oil, i advise you better for go Dialog. Bcos of the the valuations.
Posted by error413 > 2021-10-12 16:22 | Report Abuse
Thanks for pointing this out. Nice research on comparing the stock price with Brent. However to compare with historical stock price, you forgot to add in the market capital comparison as well. When Brent goes up, only 2 public counter has the oil well (E&P) which is Sapura and Hibiscus. I'll put my money in Hibiscus due to debt issue with Sapura. For Hibiscus already gain alot when the Brent price reach $65. And they has benefit from it since the past 6 months.
Posted by witan > 2021-10-15 19:30 | Report Abuse
Repsol acquisition will increase 8,000 barrels of oil equivalent per day to about 25,000 barrels oil equivalent per day. (3x times increase). 17000 plus 8000 = 25000 (50% increase not 3 times more). Rookie mistakes?
Posted by followthetrend > 2021-10-15 19:35 | Report Abuse
witan, from 8,000 barrels (before acquisition) to 25,0000 barrels (post repsol acquisition). Please attend english and math classes.
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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....
Sales
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Posted by Sales > 2021-10-11 08:55 | Report Abuse
Supermax cash rich....