Posts Tagged ‘BPT’
Oil and gas companies: Why are they trading at such low multiples? Here are the 4 most important reasons
Oil and gas companies are trading at heavy discounts to their peers, even with high oil prices. The average ASX 200 trailing P/E is 15.8x while the average for the energy sector is just 5.8x. Individual oil and gas companies are trading at low multiples too – Woodside (ASX:WPL) trades at just 5.4x P/E while Santos…
Read MoreIs 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 MoreIt’s a 3-way tug of war for Warrego Energy as Gina Rinehart launches an offer
There are now 3 bidders for Warrego Energy (ASX:WGO). Gina Rinehart has joined Beach Energy (ASX:BPT) and Strike Energy (ASX:STK) in making a bid – but will she get her way? No time to do stock research, but you still want to invest? Stocks Down Under Concierge gives you timely BUY and SELL…
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 MoreOil is making a comeback
27 November 2020 Not long ago we joked that Hollywood movie producers wanted to do a remake of the 1987 film Less than Zero, with the US oil benchmark West Texas Intermediate (WTI) replacing the Robert Downey Jr. character from the original film. What we were referring to was that historic day on Monday 20…
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