LNG 0.00% 4.3¢ liquefied natural gas limited

It would of been tempting to sell out , it was a spectacular...

  1. 429 Posts.
    It would of been tempting to sell out , it was a spectacular breakout and if I knew it was going to fall so hard would of as well previously our tight stop loss's and not so tight were triggered through whip sawing so re purchased removed them and let it run
    but have to point this out the main selling point of LNG is its technology at the terminals and the ability to compress gas using a process that is more economical , more environmentally friendly and uses less infrastructure and land .
    Certainly a healthy gas market helps and the change in inventories last week would of helped but they do have to operate in areas with plentiful gas supply.
    Compared with peers the sp is making the company appear very attractive as we stand now , and if we have an Australian dollar tanking, some commentators (1 Vimal Gor from BT Investment are predicting 40 -50c to the us, this will become more attractive for direct investment into the Australian share market from foreign investors..
    LNG has all the markings of an outperform but Never sure on these resource based stocks who ever picks the bottom of the cycle is going to come up trumps in a very short space of time
    Just one more note on supply the rig count is continuing to drop and the new threat for abundant gas supply is rigs changing over to more profitable oil , the so called gurus at Goldmans were predicting a bullish 43$ a barrel tops and that was after a few beers look at it now.
    We await
 
watchlist Created with Sketch. Add LNG (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.