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SeaDrill Limited Message Board

  • cajunlady123 cajunlady123 Dec 5, 2012 10:47 AM Flag

    Word out here on de bayous, and gulf:::::::::::::::::::::::::::::::::::::::::::::::::

    Today may be the best time to buy this stock., seems SDRL is very interested in making a very very large purchase which will expand this great company, doubling it's size. Word out here it's Transocean. Seems many of the big boys who were employed by Transocean flocked over to SDRL. SDRL is taking their employees...................lol There are only so many guys who are willing or can do the offshore thing..........Forcing transocean to close it's doors.........

    Sentiment: Strong Buy

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    • don't think so. Read RIG quarterly reports. Rigs refitted, and utilization up, refits completed. Every one of their rigs will be brought up to tighter US standards. Sold off/selling off backups.

      I own both, keeping both. RIG is the better upside from here, and they will reinstate a dividend in the next couple years. UBS target for RIG is $70, and the stock today is $46. UBS target for SDRL is $40, and the stock is $37, with nice dividend. Each has a good story. GLTA

      "Word on bayou"...........was that before or after the 6 beers?

 
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