Hi Hari...have been going thorugh your messages regarading confidence petroleum...those are really nice post and more importantly make sense...even i am stuck with confidence petroleum 5.50 and planning to hold it for some time....where do you see the stock in the near future..looking forward
5.38 PM Apr 23rd
I agree..Mr. Sukhani once recommended a company called Confidence Petroleum that was trading then at 18 rs..His take was that it will touch 50 soon and that this was his reco based upon company performance. Today the stocj trades at Rs. 1.50..yes one rupee fifty paise..I rest my case here..
12.37 PM Mar 28th
Here is the ald story. 1. From 2009, cp has been claiming they will open 250 ald stations. 2. As on sep 2009 - 14 auto lpg dispensing stations chopda-jalgaon( Maharashtra), cuddapah( Andhra pradesh) & prodattur( Andhra pradesh) 3. Sep 2010 - confidence petroleum india announced that under
7.52 PM Mar 21st
People seems to be confused. Confidence Petroleum is not in gas exploration and production. It only manufactures cylinders and has bottling plant. 1. In no way price of CNG affects it. 2. New LNG terminals like expansion of Dahej Terminal, Petronet LNG, Kochi will spur supply and storage demand
7.51 PM Mar 21st
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