“The first rule of a happy life is low expectations. If you have unrealistic expectations you’re going to be miserable your whole life. You want to have reasonable expectations and take life’s results
Unlike Selan which owns oil fields, another small cap company in services is worth a look. Aban Offshore Ltd. engages in the provision of offshore drilling and production services to companies engaged in exploration, development, and production of oil and gas both in domestic and international markets. It also owns and operates wind turbines for generation of wind power.
Is it (NSE:ABAN) a 268 crores market cap business with 15,000 crores of leverage on the books? They have been selling down assets to repay leverage. They will have to go (if not already) for a debt restructuring and swap debt for equity no? Please be cautious with this one.
Unlike Selan which owns oil fields, another small cap company in services is worth a look. Aban Offshore Ltd. engages in the provision of offshore drilling and production services to companies engaged in exploration, development, and production of oil and gas both in domestic and international markets. It also owns and operates wind turbines for generation of wind power.
Is it (NSE:ABAN) a 268 crores market cap business with 15,000 crores of leverage on the books? They have been selling down assets to repay leverage. They will have to go (if not already) for a debt restructuring and swap debt for equity no? Please be cautious with this one.