I Am 102927471
reacted to
I Am 102927471
reacted to
I Am 102927471
reacted to
I Am 102927471
reacted to
I Am 102927471
reacted to
I admit I bought $Ecopetrol (EC.US)$ before conducting proper analysis. I just based on dividend yield, PE and the industry.
If the market agreed with me, this Colombian national petroleum company listed on NYSE (Petronas equivalent in Malaysia) would have increased in price, but it didn't.
Turns out that while this counter is considered undervalued, it is also a value trap because the EPS and other profit indicators dropped compared to 2023.
But, luck may be on my side...
If the market agreed with me, this Colombian national petroleum company listed on NYSE (Petronas equivalent in Malaysia) would have increased in price, but it didn't.
Turns out that while this counter is considered undervalued, it is also a value trap because the EPS and other profit indicators dropped compared to 2023.
But, luck may be on my side...
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