BPT 1.20% $1.27 beach energy limited

sold everthing today..., page-7

  1. 260 Posts.
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    Fair play Antman, you pretty much picked the bottom and made a good profit..If you keep doing that you will me a rich man pretty soon..

    I'm riding the trend on this one...fundamentals still look good to me, no debt, strong cash flow, good balance sheet, shale gas prospects ( the risk) - will burn a lot of cash in the development phase - but hopefully a big player will see the value in these assets as they become proven...then the sky will be the limit..I still think it's a good risk/return scenario. You could do a lot worst than hold this stock.

    Most of the small / mid tier oil/gas stocks got hammered in 2008 and it is really only over the last year that they have started to bottom out and start to pick up - hopefully it's a trend that keeps going...
 
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