bell potter's latest report, page-2

Thumbs up stlamc. Thanks for posting this.

It should be very obvious that SEA is highly undervalued. Oil price is good (for what's going on in Europe, etc) and we are profitable, are sticking to the company strategy and are incrementally de-risking.

Markets are often a question of timing, as are individual stocks IMO, and I'd have been buying up big last week if I had funds (had posted it was a buy). Thankfully I'm holding quite a few, though I did recently have to sell a % of another stock I hold, which has since put on ca 10% and could go much higher if the market wakes up to it.

Hopefully markets don't implode on the back of dodgy decisions by policy makers in times ahead. Providing this doesn't happen, the Bell Potter target price should be easily achieved in the medium term IMO.