this counter gonna be in a big2 trouble...huge impairment coming with many rigs on idle mode... and local operator reluctant to spend much on drilling activities...
perisai jack up rig PP101 now waiting for contract.. I heard september there is a project with local operator.. There is drilling activities coming.. although not much but there is.. If oil price cross 50 there will b more..
The trending for Global Crude Oil prices is set to rebound up higher, maintain BUY for Perisai, mostly ONG stocks are still undervalue, good chance to accumulate for future gain.
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....
albertwarrior
1,135 posts
Posted by albertwarrior > 2016-04-07 15:09 | Report Abuse
Brent back to $40 and above @ $40.13/barrel