OSH 0.00% $4.04 oil search limited

IMO the SP movements should not be watched on a daily basis....

  1. 907 Posts.
    lightbulb Created with Sketch. 235
    IMO the SP movements should not be watched on a daily basis. This surely is a long term investment.
    In previous years I made the mistake to go in and out, often the SP had run away. Since 3 years I kept adding whenever possible. Surely will not sell. However I keep watching the political developments in PNG.
    Although I'm not a fan of Macquarie, I share their view, that this stock will be at $16 within 2 years (as mentioned on the other thread).

    Reason:
    2015 Income quadrupled
    Higher dividends (as announced several times lately)
    Extension of PNGLNG with P'nyang
    Mananda
    Taza
    PRL 15 Elk/Antelope (and probable positive outcome of negotiation with InterOil)

    IMO, certainly a stock LT!

 
watchlist Created with Sketch. Add OSH (ASX) to my watchlist

Currently unlisted public company.

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