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Petroleum, Gas & Oil Stocks TotalFinaElf, Mobil Oil, Texaco, Oando, Conoil, AP, Japaul Oil

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Old 30th May 2007, 09:19 AM
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Default How will Total perform in the near future

Please I would want to have information from anyone what he/she feel about holding onto TotalFinaElf stock. Presently I cannot find any useful analysis on this company (about from annual reports). I had bought into it last year when it was around N180.00 per unit. Ever since then the price has been hovering around this amount. Should I sell or hang on. I must confused I put in quite an amount. Similar amount I put in other stock has doubled. Any useful analysis (or website) will be highly appreciated. I must add here that one of my main purpose of investing in the Nigerian Stock Market is for Retirement.
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Old 31st May 2007, 06:56 AM
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omoregie: welcome on board!

By choosing TOTAL (NIGERIA) PLC at this location, the results for total from 2002 can be obtained.

Choosing TOTAL at this location gives the historical price history from 2001 to date. Volumes are not included.

The charts at First Global location give a volumes and prices from January 2007 to date.

I have no access to any reports for now. It is clear to TOTAL (as are other petroleum marketing stocks) is quite prone to price swings. It is unclear to me if N180 wasn't a high price to make an entry. But well, they give quite good dividends.

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