This really is a rocket outfit lately. Nothing in O&G comes close in performance in last month. I think I missed the boat. From low 60s to high 80s in a month.
Big Oil Shares Up As Israel-Hamas Conflict Intensifies Oct 16, 2023 at 12:24 | Charles Kennedy
Share prices in Big Oil companies soared on Monday, with Shell’s share price hitting a record high, as oil markets respond to an escalation of the Hamas-Israel conflict,…
In the first half of the decade, Carimin ROE was not the best. But in the second half, it had improved and is comparable if not better than the reference companies. https://i.postimg.cc/Vk62qMZQ/Carimin.png
When you look at Carimin REO vs its share price trend, you may have to think twice before going in. But this is just a quick-and-dirty look. The only way to resolve this is for a detailed fundamental analysis of Carimin and then compare the intrinsic value with the market price.
Beaides ROE, what is their business prospect to grow for the next 2-5 years. And are they able to deliver on their plan to grow or just maintain the same profit every year will determine the share price movement
Despite the improved revenue, the Group recorded a decrease in pre-tax profit by RM3.9 million as compared to the immediate preceding quarter. This was mainly due to higher operating costs associated with its marine assets and lower operating margin from increased reimbursable 3rd party services.
Oil jumps over $3 a barrel as Middle East conflict stokes supply worry By Georgina Mccartney October 4, 2024 3:14 AM GMT+8 Reuter
HOUSTON, Oct 3 (Reuters) - Oil prices surged on Thursday as concerns mounted that a widening regional conflict in the Middle East could disrupt global crude flows. Brent crude futures settled up $3.72, or 5.03%, at $77.62 a barrel. U.S. West Texas Intermediate (WTI) crude futures settled up $3.61, or 5.15%, to $73.71. Brent futures reached an intraday high of $77.89 per barrel, while WTI futures peaked at $73.97 per barrel, both hitting one-month highs.
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....
Robert Waters
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Posted by Robert Waters > 2023-07-25 01:11 | Report Abuse
New contract to be anounced ? Insiders in the know are buying ...