Sensex

Friday, May 14, 2010

RE: [sharetrading] ABAN

 

 

In the field of offshore industry, every nut and bolt is INSURED at more value than it is worth. ABAN will make more money from this disaster, than loose, if the insurance payments have been made properly. Which I expect will be the case (they will have a new rig for free, considering that many of their rigs are mostly old. They would be saying good riddance). As at presently no oil major will accept a rig w/o insurance. So wait for the drop to continue and pick at an opportune moment……

But as insurance payments are delayed, the recovery will be slow…. As earnings are hit….

 

Abe

From: sharetrading@yahoogroups.com [mailto:sharetrading@yahoogroups.com] On Behalf Of Manish Sharma
Sent: Friday, May 14, 2010 3:22 PM
To: sharetrading@yahoogroups.com
Subject: [sharetrading] ABAN

 




ABE sir
I'm holding aban (bought @1100)but it has crashed badly since  2 days should i exit it or buy at this dip?
Kindly adivise

 

Cheers!!!

Manish

 

 



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Posted by nsivaa at 4:34 PM

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