OSH 0.00% $4.04 oil search limited

Oil search is a potential shorting candidate stock in the...

  1. 9,560 Posts.
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    Oil search is a potential shorting candidate stock in the current low oil price environment for the following reasons:

    (1) Revenue for 2014 is just $856mil
    (2) Operation margin at 58% .. expected a reduction of at least 50% for 2015
    (3) Net profit for 2014 is $230mil... expected a reduction of at least 50% for 2015
    (4) Debts is at currently stood at $4.5 billion
    (5) Earning is 20c per share
    (6) Dividend yield is just (5c) 0.5%

    My question is ... Does it deserve to be a 11 billion dollars company ($7/share) ?

    I reckon $3/share is more likely...
    Last edited by ML173: 09/01/15
 
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Currently unlisted public company.

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