BPT 2.01% $1.52 beach energy limited

I've done quick and simplistic calculation based on Morgan...

  1. 92 Posts.
    I've done quick and simplistic calculation based on Morgan Stanley stock analysis on BPT 9(02 sept'08).
    Price valuation was (assuming exchange rate $US/AUD = 82c)
    Bull Case = $2.14 (assumption oil us $115 or AUD$140)
    Base Case = $1.44 (assumption oil us $85 or AUD$103)
    Bear Case = $1.05 (assumption oil us $70) or AUD$85)

    If we make simplistic adjustment to the valuation solely based on exchange rate, adjusted price valuation should be : (oil price $42, exchange rate US/AUD 65c or AUD$64):
    Adjusted Bull Case = 97c (55% lower)
    Adjusted Base Case = 89c (38% lower)
    Adjusted Bear Case = 79c (25% lower)
 
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