OTCPK:MAUXF - Post by User
Comment by
zeus55on Oct 31, 2013 6:42pm
408 Views
Post# 21866872
RE:Chen Lin / The Energy Report
RE:Chen Lin / The Energy ReportI wonder what those who bought over $2 would say about his consistantly flowery comments?
It is very easy to stay invested when your cost base is less than zero.. Not so much when you have lost half of your capital.
And if anyone is wondering why MMT has been weak, read any one of the numerous pieces written in The Economist over the last year. It isn't getting any better in Nigeria.
I expect Mart to struggle along and continue to pay its dividend, but all of this talk of buying more oil fields and raising the dividend is just that, talk.
Mart is a good buy at these levels, and may be modestly higher in a year. But don't expect it to make you rich. The easy money has been made.