I think COE could be a multi-dollar stock in a couple of years....

I think COE could be a multi-dollar stock in a couple of years. Everything seems to point toward Sole-3 and Sole-4 being a massive long-term win for them. Glad I didn't cut my losses are 7 or 8 years holding I remember a day many many years ago where the stock was around the $1 mark.

If they're saying that 18/19 will be 1.4m barrels, and can go up to 6m barrels in 1-2 years time, being a 4 to 5 times of production, one would guess (without any other issues or bumps) that the price should see a similar jump over the next several years, provided that demand meets this level of supply.

I only have a small holding, trying to decide if I should buy another small holding.