@Dredd84
his only fair argument is if oil price drops we wont be profitable - no S**T right you can apply that to ANY business if your margins are cut in then you might not make a profit - i right now freight costs are killing retail margins and destroy forward guidance.
All business has risk, the question this bloke totally side stepped is what is the OUTLOOK - in oils case it is far more likely to rise then fall below $40USD and NGL same thing for at $2 - if anything Oil is tipped to hit +100USD and NGL is on a trajectory to over+6 dollars.
He made no acknowledge of that matter of fact he 'wrote off the Oil and ngl' sector totally. how can you say i have no interest in investing in the oil and NGL right now? you would have to be a clueless fool how can this bloke be an analyst? does he not realise investing is about future outlook?Ill give you the ultimate example - there was search engines before google that failed based on this idiots logic he wouldnt of invested in google even though they had a clear strategy because Lycos, or AltaVista failed in the past.
absolute spud bear case imho
- Forums
- ASX - By Stock
- BRK debate
@Dredd84his only fair argument is if oil price drops we wont be...
-
- There are more pages in this discussion • 38 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BRK (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $57.27M |
Open | High | Low | Value | Volume |
1.3¢ | 1.3¢ | 1.2¢ | $9.061K | 752.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 2605358 | 1.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.3¢ | 27608377 | 35 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 2605358 | 0.012 |
38 | 38202199 | 0.011 |
14 | 17682918 | 0.010 |
10 | 5820014 | 0.009 |
2 | 185000 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 27608377 | 35 |
0.014 | 20994930 | 15 |
0.015 | 4829382 | 11 |
0.016 | 2466438 | 10 |
0.017 | 11626445 | 8 |
Last trade - 14.50pm 25/07/2024 (20 minute delay) ? |
Featured News
BRK (ASX) Chart |