osh valuation by abn, page-7

osh oil search valuation by abn and macquarie Macquarie Equities posted a research article (7/10) with 12 mth price target of $2.15 for OSH. Given Oil Search is also in FEED Front End Engineering and Design as JV partner with ExxonMobil and to me the chart looks very good, reaching new highs, it sounds interesting. We are going into the higher demand for energy in the US as winter approaches and I would expect this to place more preasure on energy prices.

Disclosure: I bought into this based upon this research and others I have read. Do not take this as advice, please consult an adviser before deciding and perform your own research.