Sep 18th 2012 - Edison Investment Research today published a report on SacOil Holdings (SAC.L, LSE:SAC, LON:SAC) entitled "Ticking Along…". In summary, the report says:
Since 21 August, when SacOil withdrew its cautionary statement concerning a potential acquisition, the share price has fallen 30%, significantly underperforming its Nigerian-focused peer group. The underperformance presents an opportunity to examine the catalysts that could reverse it in coming months.
Edison Investment Research is a leading international investment research company. It has won industry recognition, with awards both in the UK and internationally. The team of 95 includes over 60 analysts supported by a department of supervisory analysts, editors and assistants. Edison writes on more than 400 companies across every sector and works directly with corporates, fund managers, investment banks, brokers and other advisers. Edison’s research is read by institutional investors, alternative funds and wealth managers in more than 100 countries. Edison, founded in 2003, has offices in London, New York and Sydney and is authorised and regulated by the Financial Services Authority (www.fsa.gov.uk/register/firmBasicDetails.do?sid=181584). more »