takeover price, page-63

First 63 Last

Share
Profile

Follow
Nailbiter

607 Posts.

27

09/09/15

18:40

Post #: 15964783
Share

Originally posted by Thompsjz69 ↑

Mate, take your 15% and I'll be happy to see the back end of you.
SP will be a lot higher than 15% as this baby keeps producing from the massive fields they have and their cash flow just grows YOY.

Major capex spent, huge revenue next couple of years even in the current environment.
$9 per barrel in a recent report on OSH for cost of production, cost reduction initiatives ongoing.
As for any upside to WPL SP increasing I think I'd rather take my chances with the upside on OSH.

Personally I'm very familiar with how both companies are operate and OSH leaves WPL for dead.
WPL have a lot of production issues and need new reserves and new fields, that's what this is about, so for them to come in and look at OSH tells me they need to boost their reserves and production asap.

WPL have had a lot of failed overseas ventures (Mauritania, Israel , Libya etc etc) and have been very lucky the NW Shelf has sustained them and they could not operate in an environment like PNG based on their past track record.

As for WPL being a behemoth, I think you may want to go back and re-evaluate that comment as WPL wants to be a behemoth but just never can get there, hence buy OSH before it becomes a behemoth is what I think you meant to say

I think you'd be better placed to sell WPL and buy OSH as in a couple of years this company will be in a much better position than WPL and this will be shown over time should this take over not proceed at higher prices.

Expand

Bought more wpl today. Truly I understand your frustration. I have other o&g stocks impacted by the market predicament. Even if wpl are a bunch of mugs they have lots of cash. Enough to buy performance.

If the deal fails wpl will go higher and I will make a short term gain. If it goes through it will be a great strategic buy.

Theoretical upside in osh probably higher but so is the downside. If the deal fails I will sell my wpl at a profit and buy osh at 4-5 bucks

OSH Price at posting: $7.85 Sentiment: Hold Disclosure: Not Held
3 Upvote

0 Great analysis

Reply

Top Stories

AII

Inside the depths of Panasqueira: A legacy carved in rock

WIN

'Incorrect datasets': Old irony sets WIN Metals up for golden opportunity at Emjay

ASX Market Close: Tariff fatigue truly evident; RBA eftpos proposal sinks Tyro

Tuesday's HotCopper trends: Sayona intercepts, Bowen Coking crisis | July 15

Listen: HotCopper Wire Podcast 017 – RBA holds the toppings

First 63 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

takeover price, page-63

Top Stories

Inside the depths of Panasqueira: A legacy carved in rock

'Incorrect datasets': Old irony sets WIN Metals up for golden opportunity at Emjay

ASX Market Close: Tariff fatigue truly evident; RBA eftpos proposal sinks Tyro

Tuesday's HotCopper trends: Sayona intercepts, Bowen Coking crisis | July 15

Listen: HotCopper Wire Podcast 017 – RBA holds the toppings

Featured News