(AFR.L) Afren PLC Buy/Sell

94.38 +0.50 (0.53%) Up arrow Add to portfolio Set Alert Level 2 Desktop Trader

Afren is an independent oil and gas exploration and production company founded in late 2004 with the vision to become the premier pan-African independent exploration and production company, through a differentiated strategy based on a strong African representation in the Board and management, partnering with indigenous companies, National Oil Companies and Governments as well as finding a solution to the vast untapped gas resources in the Gulf of Guinea.Visit the Afren website.

Discussion

find any discussion board:

Post message

List Previous Next View thread
Respond \| Vote up \| Vote down \| Email to a friend \| Neighbourhood Watch
Author	here and now View Profile \| Add to favourites \| Ignore
Date posted	2009-11-07 19:52
Subject	evening
Votes for this Posting	Voted 2 times. Not voted down.
Message
I have read some bearish short term oil price articles lately, mainly re. USA are fully stocked with oil and fuel and consumption is not rising therefore they will not be buying so much.....pretty simple really medium to long term.....warren buffet has taken a pretty major punt on the US economy recovering; i am inclined to agree with him. The US is so dependent on the car and oil; It is one of the cornerstones of their society. The supply of oil has peaked yet world demand will increase until a replacement is found and/or the black stuff runs out. Long term, having a stake in a growing oil company that will be pumping out 100000 boopd in a few years time seems a decent investment
Respond \| Vote up \| Vote down \| Email to a friend \| Neighbourhood Watch
List Previous Next View thread

Respond

The content of the messages posted represents the opinions of the author, and does not represent the opinions of Interactive Investor Trading Limited or its affiliates and has not been approved or issued by Interactive Investor Trading Limited. You should be aware that the other participants of the above discussion group are strangers to you and may make statements which may be misleading, deceptive or wrong. Please remember that the value of investments or income from them may go down as well as up and that the past performance of an investment is not a guide to its performance in the future.

The discussion boards on this site are intended to be an information sharing forum and is not intended to address your particular requirements. Whilst information provided on them can help with your investment research you need to consider carefully whether you should make (or refraining from making) investment or other decisions based on what you see without doing further research on investments you are interested in. Participating in this forum cannot be a substitute for obtaining advice from an appropriate expert independent adviser who takes into account your circumstances and specific investment needs in selected investments that are appropriate for you.

Discussion Board Terms & Conditions FSA Market Abuse Fact Sheet