PSA
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0.00% 2.1¢ petsec energy limited

I am topping up right now.All their revenue is in US$, so weak...

  1. old man river
    3,353 Posts.
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    11/05/04
    13:08
    Post #: 463695
    I am topping up right now.

    All their revenue is in US$, so weak A$ really helps.

    US gas prices above US$6 per unit etc, PSA is highly profitable at that price.

    Market sentiment is dragging them down.

    My calcs have them on a PE of about 2.5 at these levels. Annual report says that is sustainable from discovered reserves for at least 3-4 years hence.
    PSA Price at posting: 0.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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