image

Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

Latest issue now available

Dragon Oil - Eyes production growth to 100,000 bopd by 2015

December 2011

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • DGO
  • Price:
  • 521p
But for the 52% controlling interest held by Emirates National Oil Company (ENOC), which makes its shares ineligible for FTSE-100 inclusion, Dragon Oil (market value: ££2.8bn.) would almost certainly be a highly-rated darling of blue chip fund managers by now. However, this quirk in the Stock Exchange rule book has instead created a rare opportunity to buy into a share where the downside is protected by a cash pile equivalent to one third of its market value and where the upside is seemingly unlimited following a string of superlative trading updates.   ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X