Monday, March 17, 2008

Oil product

Dear Mr. Tan,
Is it safe to invest in oil product? It has a ROI of more than 8%.
www.oilpods.com
http://www.oilestates.com/faq.html

REPLY
I am not familiar with investing in this product. I advise you to avoid investing in a product that you are not familiar with.

1 comment:

Anonymous said...

BLUE CHIP STOCK "CHINA OIL" LISTED IN PRC:
1st day after public listed - RM48.60 or S$9.72

25 March 2008 - RM18.74 or S$3.67

Price Change: minus 60%

Risk: Very High

"尤其是前期已成破位下行之势的中国石油,昨盘中再创18.74元的历史新低,距离16.7元的发行价只有10%的空间,而距离上市首日开盘价48.6元已经跌去了将近30元/股,超过了60%的幅度。"
(Source: http://finance.eastday.com/m/20080326/u1a3490715.html )

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