At last I have MANAGED to find through a process of illinformed guesswork on my part a way through the ill thought out fog of this ridiculous site and can now ask a question. Is MEI now at a point where the bad news is all in
and where you are genuinely getting the shopping basket goodies ( offshore ME and UK ) for as close to free as makes little difference? The price is now so downtrodden it looks that way.
But the question I have is the 2018 earnings look to be virtually ZIP - is this due to debt becoming due?
I have bought some for reasons I gave below. I am not a fundamental investor but the impression I got from their trading update is that they will get their act together in Abu Dhabi sooner or later. I think the bad news is priced in.