Already did my study and shared my analysis in earlier comments. But would always like to hear others sharing their views. Anyway if u don't want to, its fine.
Everybody just cool ok. Stocks up and downs lar. After strong run up from $4 something to 8.90. Just buckle up and hang in there. I sold at 8.70 and 8.50. Just watching the stock. Relax everyone
hold and keep accumulate, this stock still undervalued. cash flow of this company still in healthy level. Roe at 25% growth. don't worry as long term it will benefit shareholders.
Oil refinery margin is climbing despite oil price going down. To me this is good news for refinery business but I m not predicting short term share prices movements. Just let the market forces take its own path.
for those who have money crude price dip is a great opportunity...as the effects on bottomline is so small (2 dollar drop barrel has impact of 10M on stock loss, eps of 3.7 cents)...but the price usually overreacts.
逍遥子, let's say crude oil price stays around 43-45, 3Q eps should be a repeat of Q4 2016 as that time crude price was low and Petronm made better profit.
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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....
TakeProfits
1,229 posts
Posted by TakeProfits > 2017-06-18 23:18 | Report Abuse
Good luck everybody ....for coming week...