I don't see WES going far for a very long time, it's forward PE is insanely high and that's going to take a long time to correct and hinder further capital appreciation and well, the dividend is almost as bad as a term deposit. I am not saying WES is going to go down, but perhaps years of sideways action. I am selling covered calls against WES rather than selling.
I don't mind AZJ - yes it is exposed to coal, but existing coal mines that have decades of life, the earnings outlook is stable as a result, and dividend high. Hopefully, over the years to come, they can diversify their sector exposure.
WES - what's next?, page-5
-
- There are more pages in this discussion • 62 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add WES (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$70.23 |
Change
-0.950(1.33%) |
Mkt cap ! $79.65B | |||
| Open | High | Low | Value | Volume |
| $70.83 | $70.84 | $69.98 | $91.35M | 1.313M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 861 | $70.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $70.45 | 3999 | 1 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| WES (ASX) Chart |