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Target price revised lower by research co. Might want to take take profit/cut loss at the moment. Counter might also re-test the IPO price level(45-46 cents).
US$ expected to hit 1.37 within the next 12 months. Doesn't bode well for US $ stocks....might drift downwards to 0.495 in the short term. Results should be out this week...
The trend is not my friend.
I believe in myself.
The trend is still down. Why not wait until trend turn around. Why park money in uncertain stock?
This is a 'super undervalue' oil & marine stock play.
They call Chemoil the biggest private floating petrol station for ships.
Buy now and reap the reward next month.
I think should wait for a while longer. No catalyst for it to move up currently. In fact, it has been downtrending. CEO hasn't been buying in for a while now. Results should be out next week, and outlook doesn't bode well for the share price currently.
Acquisition Of 49% Of The Issued And Paid-Up Capital Of Burando Holding B.V. and Chemoil Europe BV And FTS/Hofftrans Join Forces To Expand Market Presence In The ARA Region.
It is a good time to go in since the US$ is weak?
