As others have mentioned above, WPL is undervalued. The re-rate will only begin once the Q1 results in April are out. At that time, the market (mainly the fundies) will buy in large movements as they will have an expectation of the dividend for the next period. We will probably fluctuate between $31-$33 between now and April. After April, I am expecting $35-$37. The fluctuation between now and April is mainly due to Ukraine but the increase in oil prices are not just due to Ukraine. If the war stops, are sanctions released immediately? Probably not. We are also battling higher inflation so high oil prices are unfortunately here for the medium term (1-2 years). If oil is trading around US$85 to US$100, WPL will do well. As the market is shaking off profit takers, I am still buying at this price as the market is uncertain.
- Forums
- ASX - By Stock
- WPL - Now What ?
As others have mentioned above, WPL is undervalued. The re-rate...
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WDS (ASX) to my watchlist
(20min delay)
|
|||||
Last
$26.64 |
Change
0.580(2.23%) |
Mkt cap ! $50.58B |
Open | High | Low | Value | Volume |
$26.31 | $26.84 | $26.26 | $208.8M | 7.845M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 49672 | $26.62 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$26.65 | 1225 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1150 | 26.620 |
4 | 6019 | 26.600 |
1 | 75 | 26.550 |
2 | 1285 | 26.520 |
1 | 75 | 26.510 |
Price($) | Vol. | No. |
---|---|---|
26.650 | 1225 | 1 |
26.700 | 500 | 1 |
26.800 | 1386 | 5 |
26.810 | 950 | 2 |
26.820 | 1100 | 1 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
Featured News
WDS (ASX) Chart |