O&g will not be interested by buyers.. Now is for consumer and construction to boom... Any consumer or construction company using oil.. This is the time to act fast
They should be above 0.20...the politic and covid-19 happen during it's breakthrough.. Current results is not because of their performance, its just an unwanted event going on that stops their glory..
Now is the time for XDL to find a good company to buy and expand their business... Companies valuation are cheaper and vulnerable due to this sentiments , it means potential for great things to come.
China president visited wuhan yesterday, for support.. So, its safe to believe the outbreak is under control now there. Considering it was in lockdown, perhaps there's a treatment to this already, that can save many life.
This moment, mixed sentiments from DJI downward, Covid-19 declared gobal pandemic, oil price war, symptoms of coming recession in slow motion affecting the market locally or across the globe.
Very solid company, with China Corona problem decreasing it should start going up. Imangen when market start to rebound again sure will reach intrinsic value 0.46
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....
Johnwick3709
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Posted by Johnwick3709 > 2020-03-09 15:00 | Report Abuse
O&g will not be interested by buyers.. Now is for consumer and construction to boom... Any consumer or construction company using oil.. This is the time to act fast