It is high time the management team earns their millions ! Oil prices may stay LOW for a long time. Saudi Arabia wants US shale oil producers Smashed, and they are doing it right now. WTI below $40 now !
a nice steady increase in deposits and earnings is good to see. The new Nazareth branch is coming soon and should draw a nice deposit base. This branch is in a very good location, and Nazareth and the surrounding area has plenty of money for the branch to be quite successful. The EMYB PE ratio is only 11. This stock is cheap right now. With interest rates on the rise, this bank is a great opportunity, ... buy the stock right now.
Sentiment: Strong Buy
LINE will become just a memory, sadly. Oil prices may stay low for much longer than many people think. The Saudi's want U.S. oil shale producers smashed, and are willing the build debt of their own to do this. LINE must be creative and smart to get the debt load off the balance sheet. LINE management has no time to waste. LINE management MUST reduce the bloated LINE debt load NOW !!
Saul Alinsky would be so proud of his liberal Democrats destroying America !
and NOT a good one !!
and then LINE can get back to reinstating the distribution and growing it. High debt can kill the whole company if it is not reduced now. Smart management looks ahead, and LINE has done this. Oil prices will recover, and so will LINE.
we will see tomorrow. Reducing debt and cutting costs while holding and growing production is a tricky task. But it can be done. Only the smartest and strongest companies will survive this oil downturn.
LINE is hanging tough through this disaster. with their hedges, ...time will tell.
to right the ship, and operate under much lower oil prices .
OPEC has shale oil producers and weak oil companies on the ropes. Iran is a BIG threat to the Arab region, it's actions could actually increase oil prices. contraire ?
it takes guts though.
short sellers are having a hey day crushing LINE and it's shareholders. OPEC is committed to crush shale oil companies. And LINE is in the crossfire. I hope LINE survives this disaster for oil companies.