STO 0.29% $6.84 santos limited

STO - BUY IMO, page-57

  1. 295 Posts.
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    morningstars latest report requires a lot of things to go right for it achieve that 5.30$ target by 2019. How do they plan to achieve this? Laying off more staff?? If you want exposure to oil/gas. what benefits does santos offer over its competitors other then its cheap? Wpl and bpt have far better balance sheets, there focas atm is growth not survival. Oil search has a extremely low cost of production. theres 3 options, they all have proven management. Santos may have a decent ceo now but hes inherited a basketcase. government like productivity from a operation point of view.

    Its far better to buy a wonderful company at a fair price, then a fair company at a wonderful price!
 
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