IPM incremental petroleum limited

why so cheap, page-10

  1. 14,186 Posts.
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    Granger,

    Can't say they are. They all look like ASX oilers in the USA, which I generally avoid, as a lot of them are out and out shyksters, or totally inept. All promise, and rarely any sustained delivery. Guess what, the yanks have done oil for a long time, you need some serious skills to beat them at there game imo. Most asx oilers in the usa look pretty devoid of strong inhouse skillbase, and they have the results to prove it imo.

    The three oilers I see value and potential in atm are SAE (with some reservations), COE and IPM.

    CVN was great, and I still hold some for the long term, but a well discovered story now. Worth watching, but price might be a bit full for buying atm.

    I've been dissapointed by so many oilers.

    Any reason why I might want to look at BCC,GGP or BUR?

    EL
 
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