STO 1.16% $6.84 santos limited

glng earnings "baked" into price?, page-4

  1. 1,189 Posts.
    I think the silence reflects how everyone is gobsmacked at the lack of interest in this company.

    Most major brokers have Sto north of $15.

    I can't see how it can't rise with some 1.3 billion boe of 2p ...similar reserves to WPL and yet its likely to eclipse WPL on reserves due to their huge contingent upside in the Gunnedah and Cooper.
    Add in a number of viable plays moving forward such as the one announced today in Indo and the current share price is like a cake mix sitting low in the bowl..When will it go into the oven?
    And that is without the LNG icing from GLNG, PNG LNG , and the jv with GDF Suez..which will provide an earnings surge of huge proportions in 2015

    The more this goes on the more i think it's being held here for an offer..but that could also just be my blinkers preventing me from seeing all the issues deterring the market.



 
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