Articles by admin

…read more […]

Saudi Arabian oil giant Aramco announced Sunday that its initial public offering raised a record $29.4 billion, a figure higher than previously announced, after the company used a so-called “greenshoe option” to sell millions more shares to meet investor demand. The company said that the sale of an additional 450 million shares took place during the initial public offering process. The oil and gas company, which is majority owned by the state, began publicly trading on the local Saudi Tadawul exchange on Dec. 11. …read more […]

In this article we are going to estimate the intrinsic value of Capita plc (LON:CPI) by projecting its future cash… …read more […]

This month, we saw the EnQuest PLC (LON:ENQ) up an impressive 41%. But that doesn’t help the fact that the three year… …read more […]

(Bloomberg) — The final size of Saudi Aramco’s initial public offering jumped one month after its debut in Riyadh.Goldman Sachs Group Inc., one of the underwriters of the world’s biggest IPO, exercised the over-allotment option and increased the offering to $29.4 billion, according to a statement. It said 450 million additional shares were placed at 32 riyals ($8.53) with investors during the book-building process.Read more: Largest-Ever Listing Sheds $200 Billion in A MonthAccording to the terms of the offering, the bank could buy the additional shares during the stabilization period that ended Jan. 9 and give support to the stock, …read more […]

(Bloomberg Opinion) — President Donald Trump was wrong last week when he said that the U.S. doesn’t need Middle East oil. For one thing, U.S. refiners still need to process it to make the products their customers want. What’s more, America’s car drivers and truckers need it to keep flowing or else they’ll face higher prices at their local gas pump.Trump made his assertion during an address from the White House after Iran launched a barrage of missiles at two airbases in Iraq used by the U.S. military and amid fears of an escalation in attacks on key oil infrastructure …read more […]

…read more […]

Patrick Koller became the CEO of Faurecia S.E. (EPA:EO) in 2016. This analysis aims first to contrast CEO compensation… …read more […]

State-owned oil company Saudi Aramco said on Sunday it had exercised its “greenshoe option” to sell an additional 450 million shares, raising the size of its initial public offering (IPO) to a record $29.4 billion. Aramco initially raised a $25.6 billion, which was itself a record level, in its December IPO by selling 3 billion shares at 32 riyals ($8.53) a share. Aramco shares were flat at 35 riyals shortly after the market opened, according to Refinitiv data. …read more […]

The focus will be on Iran and the signing of the U.S – China phase 1 trade agreement. Any shocks and expect risk aversion to bite. …read more […]

It’s a bullish start to the day, with the majors looking to wrap up a solid week on a high. …read more […]

While it’s a positive start to the day, Bitcoin would need to move through to $8,100 levels to support a bullish end to the week. …read more […]

Today we will run through one way of estimating the intrinsic value of Ping An Healthcare and Technology Company… …read more […]