BUY ABAN OFFSHORE IN 2-3 PARTSACCUMULATE BETWEEN 3700-4100 RANGE FOR TGT 4400-4700-5000
There are significant upsides possible in the day rates especially in light of crude touching USD 135/bbl. Even the oil sands in Canada are becoming viable. So, deepwater projects are going to see significant investments, which will warrant huge demand for offshore rigs and Aban being the 15th largest player would definitely gain on this front."
No comments:
Post a Comment