Q: Having missed the initial SOBO run-up, I see it's off 15% due to the pipeline incident. Would it be a buy here or has it become to risky now?
5i Research Answer:
The stock has bounced very strongly with today's tariff news. The decline might have been also related to the big drop in oil prices (also now much higher). We think SOBO is a decent buy for income and some growth. It has held up relatively well for the year so far in total.