QUOTE(Oracles99 @ Nov 11 2014, 11:51 AM)
What Fitch is saying is 'growth in this sector would be small'. As shares keep going up, it would ultimately reach its top. That is where investors would convert their paper profits into cash. There is nothing worrying about this sector like the O & G is in now. Trends & innovation would change the models they are using now. It noted that SMS revenue is a falling trend & this change is happening everywhere.
in chinese, there is a word like this, when there is something reach to the top, it will drop till the end.... same as like when drop to the end, it will rebounce back... and there will never go to the top and the end.....
but of course, l hope there is not the top, so that it can "rise" up further...
but actually nowadays, for malaysia O&G, not so well.... especially the petrol price drop so much (international price), and many company were depends on petronas project.... and petronas also not running so well with their business...
so, l'm not believe on O&G industry so much....
as you can see, recent O&G listed company going not so well on their listed date.....
if their project not on petronas, maybe l can consider about it.....
it just for my personal opinion...