WDS

2.23%

$26.64 woodside energy group ltd

Agree with all you have said,it's a solid investment as safe as...

First 2 Last

Share
Profile

Follow
Ericgil

1,501 Posts.

210

10/09/22

10:14

Post #: 63625926
Share

Originally posted by Moonshine66: ↑

Despite the ups and downs of the markets and the ups and downs of the price of Brent....and the carry on here on this thread by some.....WDS has finished the week down not much more than the dividend which went ex this week.

A pretty solid performance I reckon.

One of the things I like about holding WDS is that I don’t feel at the same disadvantage as I do with other holdings as far as how informed I am compared to the market.

With some stocks I’ve lost on over the years - in hindsight there were certainly shareholders trading with a lot more information than I had.

At the moment, I feel like all the information you need to inform your investment in WDS is there for all to see. They’ve just released half year results so we’re all up to date with how the actual company is travelling (pretty damn well) The rest is all about macro factors. Our guess is as good as anyone’s about what will happen with China, inflation, interest rates, Putin etc

Another reason I will continue to hold WDS is that it has been a great hedge in 2022 and I think will continue to be. I really don’t trust the broader market these next two or three months - it’s still fundamentally a bear market. Banks, retail, tech .....could easily lose 10% or 15% in a hurry.....like they did earlier in the year when WDS strongly outperformed as a hedge stock. The WDS ‘hedge’ gives me a lot of comfort.

Brent has pushed back up to US$92 overnight - the tight worldwide supply of oil continues to counter fears of global recessions and ongoing China lockdowns. The world still needs tens of millions of barrels of oil every day even in a deep recession so supply really is relevant.

At $32.52 (and likely to push higher Monday) with another big dividend just pocketed I’m more than happy with my still overweight position in WDS.

Expand

Agree with all you have said,it's a solid investment as safe as most in the current market.

WDS Price at posting: $32.52 Sentiment: Buy Disclosure: Held
5 Upvote

0 Great analysis

Reply

Top Stories

BCI

BCI reaches close of funding facility for salt-first part of Mardie project

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

SLS

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

CKA

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

WCN

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

BUX

Buxton projects new graphite province discovery at WA Narryer play

NTI

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

There are more pages in this discussion • 122 more messages in this thread...

First 2 Last

Add WDS (ASX) to my watchlist

(20min delay)
Last $26.64		Change 0.580(2.23%)		Mkt cap ! $50.58B

Open	High	Low	Value	Volume
$26.31	$26.84	$26.26	$208.8M	7.845M

Buyers (Bids)

No.	Vol.	Price($)
9	49672	$26.62

Sellers (Offers)

Price($)	Vol.	No.
$26.65	1225	1

View Market Depth

No.	Vol.	Price($)
9	49672	26.620
2	8511	26.610
4	6019	26.600
3	21283	26.590
3	6617	26.580

Price($)	Vol.	No.
26.650	1225	1
26.670	28606	1
26.690	6350	1
26.700	1996	2
26.760	2179	1

Last trade - 16.10pm 04/10/2024 (20 minute delay)

WDS (ASX) Chart

Agree with all you have said,it's a solid investment as safe as...

BCI reaches close of funding facility for salt-first part of Mardie project

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Buxton projects new graphite province discovery at WA Narryer play

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Agree with all you have said,it's a solid investment as safe as...

Top Stories

BCI reaches close of funding facility for salt-first part of Mardie project

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Buxton projects new graphite province discovery at WA Narryer play

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News