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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Premier Oil - Transformational acquisitions will add US$1bn free cash flow by 2023

February 2020

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:
  • PMO
  • Price:
  • 118.5p
While you’re unlikely to be asked in a pub quiz how much oil is shipped through the straits of Hormuz every day, the answer is 21m barrels or 20% of global seaborne oil. This chokepoint, which measures just 21 miles across the world’s busiest shipping lane at its narrowest point, could move centre stage after a US drone assassinated Iran general, Qassem Suleimani. This event briefly spiked Brent crude to US$70 / barrel and although prices have slipped back, it’s long been said that Iran, which borders with the Straits, is prepared to use asymmetric warfare (mining the waters or using swarms of heavily armed boats to disable oil tankers) to even up the odds in any “mash up” with the US.At the current U ...

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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

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