I have started losing hopes on OSH. For long time I am highly optimistic about OSH but now realizing that definitely there are some issue why OSH did not make any run during best oil rally in history.
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Also Latest Market Correction has provided people with too many other opportunities. Some of the Top Stocks(CBA MQG WES WOW) etc are now trading almost 10% dividend. So even if they goes no where in 12 months, one will have 10% dividend in pocket.
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In long term OSH is excellent but one need to have a patience of several years.
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After IOC merger, OSH PE will dilute by around 20% which may put further downward pressure. Let us hope I am totally wrong.
performance, page-5
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