STU stuart petroleum limited

Pintohoo,Personally I am unlikely to ever again invest in STU,...

  1. 14,199 Posts.
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    Pintohoo,

    Personally I am unlikely to ever again invest in STU, after having been badly misled by Tino's premature claims wrt reserves in early 06. [For those who feel Oliver was overly talked up, leopards never change their spots. Lesson - check the history].

    However imho you guys should be delighted if STU got out of that seriously imprudent overcommitment with not only their shirts, but a profit, of over 10% of market cap pretax.

    EL
 
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