OSH 2.66% $5.85 oil search limited

why the sh*t valuations by brokers!

  1. 3,121 Posts.
    lightbulb Created with Sketch. 41
    why do brokers put such sh*t valuations on things such as OSH - without anything else it should be a lot higher based on PE's such as TAP, ie 14.

    do they discount OSH to a pe and forecast pe of 7 due to sovereign risk etc.

    for f*cks sake it is paying a dividend as well, has no debt and all the blue sky, apart from the pipeline.

    surely once all the recent news and developments have been consolidated and bedded in, on a reasonable PE of 12 - 14 it would be worth as a minimum $1.50.

    cheers

    Mike Salad

    look at it 2 years ago and longer and it has f*ck all fundamentals.
 
watchlist Created with Sketch. Add OSH (ASX) to my watchlist
(20min delay)
Last
$5.85
Change
-0.160(2.66%)
Mkt cap ! $8.919B
Open High Low Value Volume
$5.90 $5.98 $5.81 $60.02M 10.22M

Buyers (Bids)

No. Vol. Price($)
7 78196 $5.84
 

Sellers (Offers)

Price($) Vol. No.
$5.85 59007 5
View Market Depth
Last trade - 16.10pm 26/02/2020 (20 minute delay) ?
(live)
Last
$5.84
  Change
-0.160 ( 2.87 %)
Open High Low Volume
$5.91 $5.98 $5.81 2636685
Last updated 15.59pm 26/02/2020 (live) ?
OSH (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.