Every company looks like a winner in the boom times, but when things turn sour they all look bad in different ways. A renewed slump in the oil price means investors in both Enquest (LSE: ENQ) and SOCO (LSE: SIA) should probably gird themselves for more bad news, albeit of different kinds…
1 Reason To Expect Worse To Come For Enquest plc & SOCO International plc
VIDEO: One Fool puts SOCO International plc (LON:SIA) and Enquest plc (LON:ENQ) under the spotlight.
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Published Owain is a magpie of the investing world -- and not because he gets into a flap. Almost any style of investing might suit him, depending on the bigger picture, and he's held all sorts of companies. Paraphrasing Keynes, he says: “When the market changes, I change my mind -- what do you do?”
That said, Owain is usually a buyer of equities, where he prefers lightly geared, modestly rated companies, and is increasingly on the lookout for Buffett-style intangible quality. He aspires to buy-and-hold: his best investment ideas are worth much more than he sold them for. Then again, his worst investment went bust due to management fraud!
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