With such political phenomena, very hard to move la. Really sick like Iooking at it. Such a good momentum and suppose to horeng time but not moving. No eye see.
World largest 2 rigs makers are merging due to prolong low new rig order and over supply of rigs. This show why Sapnrg rig division still in the red for so many Qtrs. How to have good result if the rig division still making substantial loss every Qtr. E & P with low profit margin. 2 out of 3 division in bad shape can you expect sapnrg to be profitable in next QR kah. Finance cost so high. Correct?
Folks. This year activity will not be great because budget approved last year. The projection of activities in the region will improve when operators lay their budget for next year based on current oil price. It will be more activities coming up
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....
RISK8888
2,231 posts
Posted by RISK8888 > 2021-06-23 07:35 | Report Abuse
Close 0.14. Sounds good, smells good, QR good?