06-16-2016, 12:46 PM
Thanks for your insights Pet.
I ALSO DO NOT WANT TO BE AN OSH SHAREHOLDER
First, OSH share price today is DOWN to A$ 6.60 and dropping every minute
Clearly, many OSH Shareholders decided they don't want to be Shareholders!
Second, the current NAV of OSH is US$ 7.4 Billion, with some positive cash flow from LNG sales and Oil sales
So the value of the company should grow over time as cash is accumulated and loans for their assets are paid off.
Third, the cash flow will increase if LNG and Oil prices rise over time ... WILL THEY?
As an investor, I'm happy to significantly outperform the Markets ... BUTT it doesn't happen as often as I want!
So, if I must become an OSH Shareholder, I would want to see OSH share price increase to 1.1 x A$6.60 = A$7.26 in the first year.
I suppose that's possible.
HOWEVER, I prefer to see IOC sold to someone(s) for an equivalent total of US$85, all of which is returned to IOC Shareholders.
With the CA$H in-hand, I can decide what to invest in next.
I ALSO DO NOT WANT TO BE AN OSH SHAREHOLDER
First, OSH share price today is DOWN to A$ 6.60 and dropping every minute
Clearly, many OSH Shareholders decided they don't want to be Shareholders!
Second, the current NAV of OSH is US$ 7.4 Billion, with some positive cash flow from LNG sales and Oil sales
So the value of the company should grow over time as cash is accumulated and loans for their assets are paid off.
Third, the cash flow will increase if LNG and Oil prices rise over time ... WILL THEY?
As an investor, I'm happy to significantly outperform the Markets ... BUTT it doesn't happen as often as I want!
So, if I must become an OSH Shareholder, I would want to see OSH share price increase to 1.1 x A$6.60 = A$7.26 in the first year.
I suppose that's possible.
HOWEVER, I prefer to see IOC sold to someone(s) for an equivalent total of US$85, all of which is returned to IOC Shareholders.
With the CA$H in-hand, I can decide what to invest in next.
Drivel Maven with Personality