OMC
Opportunity in Oil and Gas companiesAfter the PSUs era ended, now the OMCs are doing exceptionally well. The trend shows a strong up move ahead once it breaks the resistance levels as directed by yellow horizontal lines.
Keep a look at OMCs like BPCL, Sail, etc., and prepare accordingly to take advantage of the opportunity.
A safe long term hold OMC has an annual earnings per share of 6.08 giving it a P/E ratio under 10 (9.1). They payout 42% of their earnings through dividends(4.7% yield) and another 40% through buybacks. It’s long term annual growth is expected to grow 2.5% or 5.5% when including buybacks. Last recession their eps went down to a low of 22% of which completely recovered after 2 years. Their last eps has only been slightly affected but we shouldn’t be surprised if earnings continue to fall.
Their book value per share or margin of safety is $13.65 and their cash flow is $2.6 a share. Return on assets is 5.4%, debt to equity ratio is 2, current ratio is .92 and P/S is .82 (.75 is industry average).
OMC is in the business of advertising and marketing. This is a brief analysis and you should always look more into the details of a company before becoming an owner of them.
DSV getting ready to doom. DSV A/SBearish cross of 20-50-200 in daily. Looking at daily and weekly shows a bubble is popped and the price is going to the mean, which is fib 0.618 zone.
Expecting the dead cat bounce to play out, but I don't expect the price to go further up than the red box.
Green box is fib zone which is at 24x zone.