Share buy back which meant the comp felt that their price too low so buy back lo. This action also giv ikan bilis like us got confident. On the other hand some ppl may think that this action is to con ppl buy more. Buy or not buy up to u :)
Net-Nets investing chance, price around 1.2x above its NCAV n 1.5x below its book value. At present its cash flows are still going strong n earnings look bullish. Buy!!! Final decision is yours!
Today just Breakout at 0.490 after 2 month, today volume very high after very long2 time low volume..tomorrow will attract more shark to come, profit taking maybe on thursday or friday
Retrace is usually normal for uptrending share price. It is like climbing up staircase, it will rest or slow down. This is a chance to buy more. Most of the time investing is calculated risks, nobody can forecast, many are bad in forecasting. Look bullish at the present moment wz all the news from Aramco. Outperform!!!
These share give dividend every quarter, even DY is around 3%, it worth a wait. Since other O&G share raise a lot, maybe park some of the money here is a good choice.
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....
beckham89
121 posts
Posted by beckham89 > 2017-02-17 11:04 | Report Abuse
is it good news?For share buy back.
This co always do share buy back one