GREY:SDRYF - Post by User
Post by
alank1on Jul 03, 2013 6:47pm
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Post# 21587845
egypt situation
egypt situationthe last events in egypt presents 2 things in favor for sdx:
1)the price of oil is going up so the netback of the sales will increase and the quarter result will be better than the forecast.
2) new goverment in my opinion will create a better environment for the company, the army in egypt will put a friendly and pro western goberment that will cooperate with companies because at the moment one of the main sources of income in egypt that is tourism its very affected by all the things going on over there or anyone here wants to go and take a walk in tahir square?
so we will see some more volatility in the coming days, maybe some violence that the egiptian army will sofocate and then, business will continue as usual and sdx will continue with the good work, we had very good nr in the last month so if anyone wants to give up their shares for a cheap price, do it and in a couple of month yo can take them for the double of the current price maybe.
don't know any other company so undervalued with the kind of assets that we have
that's my opinion and will be nice to now opinion from other members
regards,