Posts Tagged ‘Beach’
Is Gina Rinehart’s 28c per share bid for Warrego Energy too good to refuse?
The race for Warrego Energy (ASX:WGO) has taken yet another twist with Beach Energy (ASX:BPT) withdrawing from the race. This followed Gina Rinehart making a better bid for the company that Beach was unwilling to match. So, is it a done deal now? No time to do stock research, but you still want to…
Read More3 stocks to buy when Central Banks are in inflation fighting mode
What stocks to buy when central banks are killing the market vibe? Time was when the de facto European monetary policy was essentially set by the German Central bank, the Bundesbank (BuBa). If German inflation expectations were getting too high in the eyes of the BuBa, it would just increase interest rates with little to…
Read MoreBeach Energy (ASX:BPT)
Our investment strategy for Beach Energy (ASX:BPT) Buy BPT up to $1.80 per share. Our price target is $2.30 and we potentially see upside to the previous high around $2.90, depending on how the company fares late in 2022 and into 2023. Use a stop loss at $1.53. Investment thesis We believe Beach Energy…
Read MoreWe know it’s not very woke, but we still like oil and gas
Stuart Roberts from Stocks Down Under says he isn’t popular at cocktail parties, being a fan of oil. He sees oil easily heading back above $100 a barrel as “that huge sucking sound” is the world demanding oil just as supply is hampered. He says gas projects of all stripes are looking attractive right now…
Read MoreInvesting in the Year of the Rat
12 January 2020 The new Lunar Year 2020 is the Year of the Rat. In this article we look at what investors should expect in Australia’s equity market in the course of this auspicious year. 2019, the Year of the Pig, has been a great year for investors in the ASX’s more established companies. The…
Read More