OSH 1.03% $7.71 oil search limited

come on osh

  1. 3,108 Posts.
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    3. Citigroup Smith Barney said today it had raised its recommendation on Oil Search (OSH) to Outperform, saying the end of the VWAP pricing period for its preference shares and the pending Alcan decision over who will supply gas for its Gove Alumina expansion. Also says the buyback is likely to be stepped up which should offset preference dilution. Maintains DCF valuation of 79c rising to $1.18 depending on inclusion of resources/reserves of gas at PNG fields. (Egoli)

    Well it looks like things with OSH are picking up - with a PE of just over 7 and a sector of 14 then the above price prediction looks reasonable and assumes no other upside to the stock.

    it would be good if they got the pipeline out of the way, whether they do or don't - give us some certainty instead of p*ssing around.

    with a dividend being paid, maybe another later this year - could be a good stock yielding a 5% dividend at this price.

    well with about 7 bad years in the market for me, i have to ride this stock out and hopefully allow it to double from this value.

    cheers

    mike salad
 
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Last
$7.71
Change
-0.080(1.03%)
Mkt cap ! $11.75B
Open High Low Value Volume
$7.78 $7.79 $7.64 $28.57M 3.710M

Buyers (Bids)

No. Vol. Price($)
1 9252 $7.69
 

Sellers (Offers)

Price($) Vol. No.
$7.71 141368 9
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Last trade - 16.10pm 24/01/2020 (20 minute delay) ?
(live)
Last
$7.69
  Change
-0.080 ( 1.61 %)
Open High Low Volume
$7.78 $7.79 $7.64 822421
Last updated 15.59pm 24/01/2020 (live) ?
OSH (ASX) Chart
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