FAR 2.97% 52.0¢ far limited

Ann: CNOOC acquires 55.55% of Svenska's interest in Guinea Bissau, page-50

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  1. 2,010 Posts.
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    Love and hate are strange and emotive words when applied to a company or it's management, and a little sad.

    I find it weird that some posters can't just look at the performance and facts objectively. (I would love company's performance to be sensational rather than poor).

    I know we disagree on this point, but I believe that management are responsible for the company's performance and should be judged on that and the decisions they have made, nothing personal in that. Sometimes perhaps they will have been dealt a bad hand and made the best decisions they could have even if outcome is poor and then it will just be a bad investment decision (by me).

    Maybe you are correct and Far management are infallible and 6c is the best outcome we could have hoped for after oil price increases and 11 successful drills? The outcome is absolutely nothing to do with them and maybe predetermined by Gods/Mohammed/Allah/Buddah/Odin etc - but you shouldn't criticize management team for company's performance and lack of value created for shareholders.
 
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