BPT 1.20% $1.27 beach energy limited

In a muddling through world scenario and with China holding up -...

  1. 521 Posts.

    In a muddling through world scenario and with China holding up - Beach should be going past well north of $1.30 by year end. IMHO.

    It is not everyday that we come across a stock/sector with seriously undervalued assets and realiseable high growth potential not too far out. AS usual here in OZ - the professional funds come in late and come in together [it's the comfort factor]. Sometimes the offshore funds come in earlier. Until these guys move - which they eventually will IMO - we won't see the big SP appreciation.

    OK with me - I have patience and will be sitting tight a very happy chappy.

    Good luck all. GB


 
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