One of the most rewarding things about writing about stocks is when you write a piece, make certain specific predictions, and then see those come to fruition. In contrast, one of the most frustrating things is to have a piece all lined up and ready to go and then see one of your big predictions come true before your piece gets published. That has happened to me now on OMV (OTCPK:OMVKY), as the company announced Monday that the company had reached a potentially transformative $2.7 billion deal with Statoil (STO).
The good news is that my basic thesis on OMV still holds - OMV looks like a significantly undervalued European energy major with catalysts...
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