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MEI - ALL OVER EXCEPT 2018?

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Regular Contributor

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? 

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1 REPLY 1
Super Contributor
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.
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