OSH 0.00% $4.04 oil search limited

why the sh*t valuations by brokers!, page-7

  1. 2,076 Posts.
    I agree with all the above. The current valuations of around $1.20 take into account the risks associated with the PNG region, the overall world commodity market and the current production.

    The current valuations ALSO clearly state that the price levels are not taking into account the pipeline sales, nor results from the current drilling programs. Until they are resolved, they are an exposure that has a negative effect on price

    It is interesting to note, that analyst valuations have, over the past 2 months, changed from 98c to the 1.20 marks, so they do, conservatively, see the results as positive.

    Stick with it - it wont happen overnight in a big 30% hike, but it will happen over time. Some people are impatience I understand as they want to make the profits, but they need to consider that this isnt like a tech stock and it's not 1999



 
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