THIS ANALYSIS I HAVE POSTED IN MY GROUP ASAN AND NOW UPDATING ON BLOGGER SINCE ITS GOING TO BE RIGHT.
CHECK THE DATE WHEN IT WAS SHARED.
Many people heard that Nokia has to shut down their plant due to smartphone.
If investors timely perceive such type of Threat ,they can save their money.
Lets talk about Oil and Exploration companies.
As everyone know that due to pollution china has to shut down chemical plant.
What causes such pollution Mainly Diesel and petrol vehicles.
Now the Whole world are concerned about carbon emission,Ozone layer.
That’s why Many of countries opted for Electronic vehicles which are environmental-Friendly and polltution less.
From 2010 Demand for crude kept decreasing Resulting Aban offshore stock price Down from 5000 to 200.
Opec cut production but that cant solve the problem.
They cannot do it for long time because their whole economy is based on Oil production.
Conceiving this threat Saudi Arabia started Dairy production in its country.
Recently In New Delhi air pollution became too much resulting many school shut down.
In india also started to make Electronic vehicle,Goldstone infra has also snatched a order with joint venture of BYD.
Ashok Leyland and Jbm auto also going to start to make e-vehicle.
Considering this things i would say to all Don’t invest in such oil based companies even though analysts say from Now on
and save money.