Was reading a research report by a firm called - First Global (does it sound like a familiar name?? flash back 2001!!!). Was awestruck with their latest recommendation.
Petronet LNG - Long-Term Moderate Outperform.
Wonder how many of their clients wud have understood what is to be done with Petronet LNG, given the kind of recommendation??? You either say - BUY/HOLD/SELL. What on this earth does LONG-TERM-MODERATE-OUTPERFORM mean??
FG usually offers ratings from the list of following recommendations (which in itself is quite a long list of recommendations):
- Buy at Declines
- Sell into strength
Long-Term-Moderate-Outperform........is a new addition to the list. All the best FG clients.