WDS 1.93% $27.48 woodside energy group ltd

Ann: WDS LIFTS FY13 NPAT GUIDANCE AND PROVIDES TR, page-5

  1. 1,356 Posts.
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    re: Ann: WDS LIFTS FY13 NPAT GUIDANCE AND PRO... Well not sure how you can dress up the fact that WDS went from a net debt position of $20m to a net cash position of $20m in 6 months, that's a cool +$40m movement.

    In addition they are geared to the CSG sector in QLD. So EV/Price is sitting around the 5 level, which is undemanding. I will be keeping this one very tight, but think there is room to move higher from here.

    This wont be the first time I have been wrong though. In fact that's the beauty of being a full time trader, I get to be wrong all the time.
 
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