For 2015, I see opportunities in the beaten down Oil & Gas sector. Although prices could continue to fall in the next few months, I see oil prices rising back to $100, once the oil industry recognizes that it is not so lucrative to sell oil at current prices. Geopoilitical instability in the Middle East and growing global demand could also push oil price back up. Counters I am monitoring are:
Company
|
Business
|
Share Price
(as at 28 Dec)
|
PE
|
Yield
|
Ezion
|
Owns and operates liftboats
|
1.16
|
6.6
|
-
|
Keppel Corp
|
Builds rigs
|
8.75
|
8.4
|
4.9
|
Sembcorp Marine
|
Builds rigs
|
3.25
|
11.7
|
3.5
|
Swissco
|
Operates rigs and offshore support
vessels
|
0.53
|
5.2
|
1.9
|
