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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Primary Recommendation

Dragon Oil - Heavily oversold on D-I-R-T cheap PE (ex-cash) of 4.1

January 2012

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:
  • 468p
Given the world's fixation with resolving the Euro crisis the recent prediction by Goldman Sachs that oil will hit an alarming US$130 / barrel within the next year has almost gone un-noticed. A key catalyst that could make this happen is Iran, which produces an irreplaceable 4.25m barrels of oil per day (bopd) out of world oil production of 80m and could soon be facing economic sanctions over its refusal to stop developing nuclear weapons. If this dog eventually does bark and the inflationary money printing by central banks continues, Goldman's prediction is likely to be achieved and that would spell very good news for Dragon Oil, our favoured pick in this se ...

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Dragon Oil - New marketing agreement (July 2010)
Dragon Oil (June 2010)
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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.

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