WDS 2.05% $25.34 woodside energy group ltd

here we go... good luck today!, page-6

  1. 1,189 Posts.

    Pidroch,

    For what its worth I've got a JPM report here from the 19th of Jan with a $2.20 price target for Dec 2010. Just goes to show how you have to make your own decisions. AJL's downgrade a week or two ago was probably the signal that something was up.

    In its defense the report did mention as risks to the valuation - cost overruns, contract timing and project FID- which are all factors cited by WDS.
    The minute AOE makes FID in March (assuming they will) WDS will get a shot in the arm imo.

    Either way the company might have made their release sooner.
 
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