OSH 0.99% $4.01 oil search limited

take time in the market and other companies!

  1. 3,291 Posts.
    lightbulb Created with Sketch. 87
    Currently sat on OSH and becoming impatient - the answer is don't be stupid!

    When you think this company is in its best position ever and near all time lows - look at Orica - 2 years ago it was around $4.50 and now near $11 - nearly 3 fold increase.

    If OSH manages to increase production, the dollar steadies and maintain costs while exploring other avenues then surely this company could easily reach $2 within a matter of a year or two - very simply buy in doom and glom and hold companies until they boom -te only problem is opportunity cost - there are some great stocks out there currently.

    Funds managers like Investors Mutual killing the main stream index followers - the banks are struggling to get double digit growth and are pretty much fully priced - you would only buy them for an income play or trade them between the respective ranges.

    Cheers

    Mike Salad
 
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