What is worthless?, page-2

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Michaelirish

24,822 Posts.

493

08/01/15

09:16

Post #: 14552432
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Originally posted by Michaelirish ↑

Yesterday we had Credit Suisse come out and say that STO was worthless or some such thing.
It raised the cockles of the hearts of Fairfax journalists.

What is really important is that alarmist reports and comments be called out for what they are..........WORTHLESS.

The fact is that the falling AUD against a very strong USD will cushion the effect of falling POO and when POO begins its stabilisation and recovery it will a major factor in STO's profitability. That comment from Credit S was a roadside incendiary device that bombed the poor Fairfax credibility.............

Another point of view................Macquarie

"AUD reporters see 2015 earnings rise by ~19%...: The biggest beneficiary
in the large-cap energy sector is STO, where earnings rise 37%. In the midcap
space BPT, SXY, DLS and AWE see the most uplift as a result of their
high exposure to USD-denominated oil with 2015 NPAT rising 24%-35%.
Meanwhile, the USD reporters (WPL, OSH, HZN and ROC) see a more
muted currency impact as lower USD operating costs are either diluted by
international operations or offset by lower domestic gas revenues."

A know cold showers are hard to find these days.............but I think they are needed

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I have never had any dealings with CS. I now know I never will.
This morning we are mourning the loss of 12 martyrs for liberty and free speech who lost their lives in a terrorist attack in Paris. It is important for the efficient and enlightened working of a society that we nourish FREE SPEECH.
At the same time need to be mindful of the responsibilities that come with free speech.
Nobody targetted the offices of CS yesterday. They a good job of thrashing their freedom

ORG Price at posting: $11.12 Sentiment: Hold Disclosure: Held

STO Price at posting: $7.45 Sentiment: Hold Disclosure: Held

WPL Price at posting: $36.14 Sentiment: Hold Disclosure: Held
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