IPM incremental petroleum limited

compressing spring, page-13

  1. 13,988 Posts.
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    Madmoney,

    Thanks for clarifying that. At least your friend was in Tricom, not OPES.

    My position on IPM is that it's a steal. Bought some two years ago, and although they have done well (but not the sp), they certainly failed to live up to production expectation's generated by Tricom. Bought heaps recently, still nibbling. Will be patient on the sp turnaraound though.

    Worth researching, the base they are coming from is very robust (baring geopolitical risk). Eventual Selmo prdn growth, recent poo rise, Edirne gas and new ventures yet to show through in what is already a sub 7 PE with long asset life.

    EL
 
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