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Welcome to the WELLS CAPITAL 3th Anniversary celebration.

I am

your old friend Dhananjay Sinha.

WELLS CAPITAL is a global investment management firm that provides sophisticated clients
around the world with a variety of high value-added investment strategies for growing asset
classes.
Our diverse and autonomous team is committed to providing exceptional investment services
and investment solutions to our institutional clients. Independent risk management oversight is
separate from our investment team to ensure that we consistently meet our clients' objectives.
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1,Prospects for India's Financial Opportunities in Industrialization Development and
Financial Opening Strategy.

2,Investment Opportunities Under the Cloud of Global War Doubts.

3,What are the benefits of the WELLS CAPITAL 3th Anniversary Online Appreciation
Party?

4,Which stock have the most upside potential for the future?

India's financial opportunities and prospects for industrialization development


and financial opening strategy
1,The fastest growing developing country in the world; India is one of the fastest growing large
economies in the world, and its economic growth rate has remained at a high level for the past few
decades. This economic growth provides Indian companies with more The business opportunities
and development space are also the main factors attracting global capital to gather in India.
2,The opening of the economic market has contributed to a new chapter in the country's
development; the Indian government has been promoting economic reform and market opening to
provide enterprises with a better business environment and policy support. The government has
also launched a series of measures such as the "Digital India" plan and the "Make India" plan to
promote economic development and innovation, At that time, the global manufacturing industry is
flocking to India.
3. The dividend of a superpopulous country: India is the most populous country in the world, and
its young population structure provides great potential for India's economic growth. These young
population will become the future consumers and labor force, providing more business
opportunities and development space for Indian enterprises.
4. Foreign capital inflows: The Indian stock market has attracted a large amount of foreign capital
inflows, which provide Indian companies with more capital and resources.
In the face of the real estate crisis in China, inflation in the United States, and the impact of the
Russian-Ukrainian war in several major European countries, the Indian economy has remained
relatively stable. In fact, India is likely to remain the fastest-growing major economy in the world,
with growth expected to be close to 8% in fiscal year 2023. India will enter an explosive period of
industrialization development in the next 10 years, which will give manufacturing industries such
as Automobiles, electronic machinery, infrastructure construction, information technology
services, agriculture and food processing bring great opportunities!

Investment Opportunities Under the Cloud of Global War Doubts.

The meaning of a world war is that when the old order can no longer be sustained, global
geopolitical interests need to be redrawn, and new world rules are formulated through war, which
is the fundamental meaning of the first two world wars. So now, since the world order can no
longer be supported by the financial strength of the United States, a new world war cannot be
avoided, and the Russia-Ukraine war is the outpost.

The Russo-Ukrainian war has already divided the world badly, and after the Hamas-Israeli war
broke out on October 7, a close look at the pronouncements of the major global players shows that
the outlines of the two major blocs have become very clear. Of course there are some countries
that stray between the two camps. Now that the camps of the two blocs have been formed and the
confrontation has begun, the embryo of a world war is complete.

At such a special time, everyone is very concerned about the future. With regard to the future,
two things are about to happen.

The first is the arms race.


As soon as the two opposing blocs are formed, countries are already well aware that they are
about to face a brutal war, and the arms race will come quickly.

Why is there a need for a massive arms race after the end of globalization?The root cause is that
during the period of globalization, which was a peaceful and stable geopolitical environment,
countries focused on economic development and therefore did not need large-scale military
facilities. After the disintegration of globalization, the prospect of war began to become clearer,
and the countries of the world had no choice but to increase their investment in armaments, which
eventually led to a brutal arms race.

Nowadays, the military expenditure of many countries accounts for less than 1 per cent of their
GDP, which is an extremely low level. At a time when the prospect of war has become clear,
countries can only frantically increase their military expenditures to cope with the demands of
war, creating a new era of arms race.

So, sectors such as military aerospace will be the mainstay of investment activity for many
years to come.

Second, the energy wars.


After World War II, the Middle East and the former Soviet Union region became the world's
foremost energy export base, supporting the industrialization of Asian and European countries
and, of course, the functioning of these industrialized societies.

Today, the EU's import dependence on oil is 97%, Japan's import dependence on Middle East
oil alone is 95%, China's import dependence on oil is over 70%, India's import dependence on oil
is 80%, and most of the Eurasian countries have high import dependence on oil.Whoever masters
the Middle East oil, basically controls the industrial system of almost all the countries in Eurasia,
and also masters the war resources of these countries, and occupies the strategic high ground in
the future world wars. Therefore, the fight for oil will always be a central part of the war.

Petroleum energy is also the most potential investment opportunity in the future. So the relevant
industry, to get attention in the future.

What are the benefits of the WELLS CAPITAL 3th Anniversary Online
Appreciation Party?

The following 5 major gains that you are about to get

1,Invite domestic top financial analysts, senior traders as guests; it will teach you how to
make money in the securities investment market.
2,Signed stock masters will share their whatsAPP to the live audience to answer questions.
3,Precise stock positions will be built several times a week, and each position is expected to
make a profit of more than 20%;
4, Strive to help everyone achieve more than 200%-500% profit in investment within the
year.
5,WELLS CAPITAL many years of stock market research results, turned into a precise
investment indicators, and investor friends to share free of charge, so that everyone quickly
become a master trader.

Which stock will rise sharply in the future?


Geopolitical landscape changes oil prices
The world first heard of 'lollipop cuts' in June, when Saudi Energy Minister Abdul Aziz Salman
announced that the country was voluntarily cutting production by one million barrels a day in July,
'lollipop cuts' being the description he used to describe the move.The Saudi authorities are
desperate to restore oil prices to $100 per barrel or even higher. What's more, the Saudis are
threatening to increase production cuts if crude prices fall.
Russia, which has been a member of the OPEC+ alliance since 2015, also supported the Saudi
move.In theory, the Kremlin, while needing to sell as much crude as possible to support the war
machine, has also decided to boost oil prices by cutting production.

Distribution of Saudi and Iranian oil and gas assets


Saudi Arabia and Iran have the richest oil resources in the world, and the proportion of crude oil
reserves in Saudi Arabia and Iran is 13.04% and 3.44% respectively.Saudi Arabia's oil and gas
resources are mainly concentrated in the Ghawar field in the Persian Gulf Basin, the Safaniyah
field in the northeastern sea and the Meinifi field. 2 billion barrels or more of medium and large-
scale oilfield assets have been developed for 45 years on average, and only 12% of the assets of
medium and large-scale oilfields account for less than 40% of the original reserves, so there is still
a lot of room for development of the core fields in Saudi Arabia. The current crude oil production
of Saudi Arabia's main oilfields is 9.8 million barrels per day, which is the highest level in history,
and Saudi Arabia's crude oil production will continue to be stable or slightly increase.
Iran's oil and gas resources are concentrated in the Azadegan field on the border with Iraq and
the Esfandiya field southwest of Kharg Island in the Persian Gulf. Iran's medium and large oilfield
assets of more than 2 billion barrels have been developed for an average of 63 years, and 73% of
medium and large oilfield assets are less than 40% of their original reserves, so Iran's main oilfield
production may continue to decrease.The current crude oil production of Iran's main oilfields is
about 1.3 million barrels per day, which is far lower than the pre-sanctions production level of
nearly 2 million barrels per day from the main oilfields, while the peak production of Iran's main
oilfields mainly appeared around 1970, with the highest crude oil production of about 4.5 million
barrels per day, taking into account the impact of the Iranian nuclear negotiation for a number of
times, the actual exploitation cycle of the oilfields assets may be slightly longer than that of the
conventional conventional oilfields, with reference to the peak production of 2 million barrels per
day of Iranian crude oil in 2017 With reference to Iran's peak crude oil production of 2 million
barrels per day in 2017, there is still room for improvement in Iran's current crude oil production,
but taking into account the negative impact of long-term sanctions on the maintenance of Iran's
oilfields, the pace of recovery of Iran's crude oil production may be relatively slow.

The uncertainty of war in the Middle East, overlaid with production cuts in major oil-producing
countries, will drive the gradual move to historically high crude oil prices. So the future of the
medium and long term has the potential to rise in the industry, identified in the energy industry.
BHARAT PETROL CORP(BPCL)
ABOUT
Bharat Petroleum Corporation is a public sector company which is engaged in the business of
refining of crude oil and marketing of petroleum products.
High speed diesel (HSD) accounts for ~52% of revenues, followed by Motor spirit (23.4%) and
Liquefied Petroleum Gas (11.3%).
The company owns 82 retail depots and operates ~20,000 retail outlets across India. Presently, it
has a market share of ~26% in the domestic petroleum market.
Stock is trading at 1.17 times its book value ,the company's PE compares favorably with its
peers.

The number of shareholders has begun to show a decline from last year, indicating that market
chips are beginning to concentrate.Foreign capital holdings are highly concentrated and extremely
bullish on the future trend of the crude oil market.

Stable earnings growth,Company has been maintaining a healthy dividend payout of 57.1%
After 15 months near 360, it's starting to show signs of starting upwards.
Analysis:
The global crude oil market will generate a new wave of investment opportunities amid escalating
war conflicts around the world, and we cannot rule out the possibility that oil prices will hit all-time
highs in the future.The company is not only involved in the petroleum industry, but also a leading
industry in the natural gas industry chain.With the fundamentals supporting it, the company's share
price will see an uptrend.
Stock Recommendations
Action: Buy
Recommended Price:380 - 400
Stop Loss: 360
Target: 800
Duration: 6 months

Disclaimer: The research recommended is intended solely for informational and educational purposes. The user
assumes full responsibility for any actions taken based on the research conducted. The provider of the research
recommendation makes no representations or warranties of any kind, express or implied, about the completeness,
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may also be subject to change based on new information or updates.

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