BPT 2.02% $1.27 beach energy limited

Ann: Quarterly report for the period ended 30 September 2021, page-39

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  1. 12,555 Posts.
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    In the scheme of things, the next quarter should be prime and we can expect a massive increase in production. Management have no doubt learnt where their weak areas are and can now focus and turn them around. The main difference now is that we are at close to all-time highs in the sector and plenty of confidence going around. I expect management to take advantage of these market conditions and boost revenue this quarter and therefore increase shareholder returns. I will be holding strong the next quarter and beyond because I believe these prime conditions don't come around very often and there is no end in sight.

    Plenty of weak hands sold out today to exit for other ventures, therefore the sell wall should therefore decrease a little moving forward. Instead of these tiny 2% green days moving forward, we should now expect 5% gain days more in line with our peers. IMO $2 is not far away and this was the shake out we needed to have in order to get over these short term walls. Some good acquisition or corporate news should also help us get there. No doubt management will be looking to give us a good news story fairly soon after the lackluster quarterly.

    Last edited by coto: 20/10/21
 
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$1.27
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1 115278 $1.26
 

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Price($) Vol. No.
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