WDS

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$24.77 woodside energy group ltd

A Lesson in Long Term Investment: Woodside Keeps on Giving, page-2

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14/02/19

20:35

Post #: 37441885
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Originally posted by AvalonDays ↑

Sometimes it pays to look back in time and look at what you've bought, what you've sold, what you've held.

For me, having now followed the markets very closely for 25 years now, my biggest lesson in the power of long term compound returns has been delivered by WPL.

My first purchase of WPL was in 1997 and I still own those shares today. There was no "Hot Copper" back then. There were no "Apps" or "IPhones". The majority (and I mean super majority) of people and investors did not even have the internet. The internet in 97 was something that you had at work. Nobody had the internet at home. it was completely unheard of to have a screen on the internet at home then. And then if you worked for a small company, or even a big one, the internet was on a specific computer, or a line of computers, where you asked to use it.

So back then we read the newspaper. And it was "paper". Everything you new about the company was in the league tables at the back, andthe 15 minute summary of the days closing prices (on the radio because you had no idea on the days movements or closing prices until the paper was released the next morning) on specific radio stations at the end of the day.

I used to pull the car over in traffic and listen to the entire ASX 200 every day.

Sounds like I'm 75?. No, I'm 43.

The point of where I'm heading too here is my dividend on my initial investment has now reached 50pc pa. I've also been buying more WPL in the last 18 months. High quality assets with long life resources in high growth precincts managed by conservative well credentialed managements always wins in the end. I could have bought or sold this stock a trillion times. I held. And on dips I bought more.

From the 50 plus pages in today's announcement there is one key bullet point you need to focus on and one key point only.

"Woodside is targeting to double its LNG production by 2027".

I'm going to buy some more now......and I've found some other companies that actually remind me of WPL back in 97 that I own today as well

good luck to all wpl holders. never sell this baby.

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Those initial shares back in the 1990's would have been called Burmah-Woodside back then before they had the split....

Or was this after the split of companies.....?

Burmah got into petrol stations and Woodside energy exploration....

I don't think Burmah is around today...?

WPL Price at posting: $35.53 Sentiment: None Disclosure: Not Held
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(20min delay)
Last $24.77		Change 0.170(0.69%)		Mkt cap ! $47.03B

Open	High	Low	Value	Volume
$24.80	$24.98	$24.66	$250.8M	9.747M

Buyers (Bids)

No.	Vol.	Price($)
3	3047	$24.76

Sellers (Offers)

Price($)	Vol.	No.
$24.78	200	2

View Market Depth

No.	Vol.	Price($)
2	1618	24.760
3	43676	24.750
5	92163	24.740
5	40306	24.730
5	103487	24.720

Price($)	Vol.	No.
24.780	200	2
24.790	100	1
24.800	1150	3
24.810	16261	2
24.820	888	2

Last trade - 16.10pm 20/09/2024 (20 minute delay)

WDS (ASX) Chart

A Lesson in Long Term Investment: Woodside Keeps on Giving, page-2

Week 38 Wrap: US markets panic at 50bp cut; ALS’s minerals revenue slowdown; RBA path unclear

Catalina Resources kicks off aircore drilling at Laverton project on the hunt for gold, REEs

Westar wraps up field campaign at Mindoolah after divesting non-core assets ahead of 2025

Develop Global appoints GR to get Woodlawn copper-zinc plant online mid-2025

Firetail executive changes set to propel development in Canada and Peru

Tennant Minerals clocks high-grade gold, copper hits at Bluebird in the NT

Harvey Norman hit with a second class action – and shareholders, once again, don't care

Drilling shows continuous Cu mineralisation at Whundo for Greentech

Sandfire's latest drill run extends known polymetal mineralisation at the Sesmarias Prospect

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A Lesson in Long Term Investment: Woodside Keeps on Giving, page-2

Top Stories

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Catalina Resources kicks off aircore drilling at Laverton project on the hunt for gold, REEs

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Firetail executive changes set to propel development in Canada and Peru

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Harvey Norman hit with a second class action – and shareholders, once again, don't care

Drilling shows continuous Cu mineralisation at Whundo for Greentech

Sandfire's latest drill run extends known polymetal mineralisation at the Sesmarias Prospect

ASX Market Open: Aussie stocks follow US surge after Fed rate cut decision | September 20, 2024

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Buyers (Bids)

Sellers (Offers)

Featured News