Shares & Derivatives
Oil & Gas, Show Me the Orders!
By (The) Boring Investor  •  July 24, 2017
When I sold out of Keppel Corp in Jan at $6.16, my colleague laughed that I had sold too early. Nevertheless, I was pleased to get out of Keppel Corp before it announced results for 4Q2016. I was concerned that orders were not coming in fast enough to replace those orders that had been completed and that Keppel Offshore & Marine (O&M) would show a loss for 4Q2016. True enough, Keppel O&M reported a net loss of $138M for 4Q2016 after asset impairment. I was concerned that Keppel O&M would continue to report losses from that point onwards.
Nowadays, when I consider buying or selling Oil & Gas (O&G) stocks, I look at 2 key information. The first is where is the company positioned along the industry value chain (see My Upstream Oil & Gas Rescue Operations and My Downstream Oil & Gas Recovery Operations for more information). I ...
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By (The) Boring Investor
nvestor, Engineer, Photographer, Blogger, Friend and Son.
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1 Comments

One response to “Oil & Gas, Show Me the Orders!”

  1. JJ says:

    Greed always makes you paid higher price. I had been there.
    Do not listen to others because this is your money, not others. When you are in deep trouble, others avoid you.
    Remisers, brokers , securities all just want to earn your money. They asked you make transactiuons but truely never cares about you.
    My brokers was buying while her company is dumping secretly. Many customers still did not know that until today.
    1 big imporatnt advise, never greed and listen to others. Play safe 101% sure before invest! Not only 100% but 101%!

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