There has been a ground swell of interest in OSH over the past few days.
A caller on "Ask the experts " wanted advice on Oil Search & Woodside, Skybiz, but was given a great report on Woodside's prospects: if Leviathon went ahead there would be great prospects , if it didn't then dividends would increase . Strangely, coyly, both experts refused to give an opinion about Oil Search. Forget the names- not David Manchurian, Rutch Rudie or George the Greek who always are positive re OSH.
Next up was a youngish red headed Scotsman on "Buy Hold Sell" who gave OSH a right royal thumbs up for a whole minute. It was like the old 'Just a Minute' with Frank Muir or Kenneth Williams , so many goodies about OSH were crammed into the space. Worth catching on repeats if poss.He said it is greatly undervalued at present & should clear the $9.10 level shortly. With all the Woodside rumours you should hold on to your Oil Search hat.
Next in an evening slot of Sky News Business were Ben Clark & Steven Hogan. Perhaps the same lady from Melbourne tried their luck with the same question about Oil Search & Woodside- & got a better answer. Ben mentioned the ist & 2nd trains & growth prospects. Stephen that if 9.10 level is cleared the price will move to 11 dollars.
Finally, 5 minutes ago George the Greek recommended Oil Search as one of the few notable energy standouts, even though it appeared expensive - not taking into account future developments.
I wonder when share allocations are announced.
OSH Price at posting:
$9.10 Sentiment: Hold Disclosure: Held
