DLS 0.00% 69.0¢ drillsearch energy limited

Ann: Macquarie Securities Conference , page-6

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  1. 218 Posts.
    Sadly some people trade on guess work .id be shocked to see dls @ 1 since eps of 17 historic are good and would mean PE of 5.. Future eps analyst have 25cents so we are trading @ 6times which is way less than 14times index average.. Short sellers and their agendas.. Bulls are there.. And if u havent seen JJ 73% of shares are held by big players citigroup jp morgan and they dont sell daily leaves less for speculators to trade.1mil average traded shares is fine . Seems though the limit output might just be 3.6mil b per yr ..would maintain a good earnings ... Just low target prices range of 1.7 to 2 set by analyst. Will see a price adjustment soon though 1.4 wont be seen now ..dyor well dont guess
 
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