SXY 0.00% $4.60 senex energy limited

Growth during December 2020 quarter, page-35

  1. 205 Posts.
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    This is the problem and advantage of an authoritarian government. The local government first tried to cover the virus news by shutting down media and internet, and crisis got worse. Now the central government stepped in and motivated the nation's resources. I believe this crisis will end sooner than SARS since China has endless resources and virus is not as severe as before.
    Senex is firmly controlled by bots and shorts. It is like a bee hive that stinks everyone tried to get a quick profit and gives honey to those who are patient. There are always one or two cycles in a year, you can get a reasonable return if you are not too greedy.
    IMO, the company is now at best shape in my five years of holding, that is the reason why I keep buying. After all, it is a safe investment and return is better than putting money in term deposits. Please DYOR and only invest if you can bear short period of pain.
 
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