Yes, OPEC ministers meeting today will know the outcome... I think it will be a superb good news and oil price immediately will spike up towards the $80 level...
Don’t worry, economy is started to be prosperous, You can see most of the counters of consumer, property, construction started to spike up like mad e.g BJCorp, MKland, Ekovest and many many more counters in other sectors also spike up to sky high ! I think oil price post pandemic also will rise above USD $80 in soonest of time ! So, the next theme will be O&G counters to spike up like mad since O&G counters is the sector which it’s share price still at it’s record lowest price & still not yet move up !
NEW YORK: Oil prices settled up more than US$2 Thursday despite news that OPEC+ reached a deal to gradually ease production cuts from May. Brent crude settled up US$2.12, or 3.4%, to $64.86 a barrel. U.S. oil settled up $2.29, or 3.9%, at $61.45 a barrel...
potential EPS of 8-10 sens in FY 2021 plus stong operating cash generations topare down loans means more interest savings in coming quarters. Attractice price at 44 sens now.
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....
MoneyMakers
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Posted by MoneyMakers > 2021-03-30 10:42 | Report Abuse
Be careful with sell the news after Thursday OPEC+ meeting