STO 0.51% $6.80 santos limited

STO, OSH or WPL, page-35

  1. cyw
    3,328 Posts.
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    Thanks again for even more information and analysis. You guys are amazing. I picked STO based on:
    1. It seems is worst is over. Massive assets write-down, reduced capital expenditures and slashed expenses. This year's profit will take a big hit but is already priced in (unless there is some more bad stuff in the near future).
    2. Gas project to be delivered late 2015/early 2016 will reduce STO's dependence on oil and generate huge cash flow which should mitigate the financing/refinancing risks in the next few years.
    3. Share price halved in 6 months. When oil price rebounces the upside potential should be higher than WPL and OSH. especially with WPL which oil only accounts for about 16% of its revenue. As I really don't think STO will go down the drain, with a 5 years time frame, the investment should be quite safe.

    This is mainly an oil price recovery bet. I can't agree with Goldman Sachs that oil price will drop to $10-20 a barrel in my life-time but then again, I have been proven wrong more times than Goldman Sachs.

    Good luck to you all with your investments.
 
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Last
$6.80
Change
-0.035(0.51%)
Mkt cap ! $22.16B
Open High Low Value Volume
$6.85 $6.86 $6.79 $6.449M 945.5K

Buyers (Bids)

No. Vol. Price($)
31 83729 $6.79
 

Sellers (Offers)

Price($) Vol. No.
$6.80 44813 19
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Last trade - 11.22am 05/11/2024 (20 minute delay) ?
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